Starting a new business is exciting yet demanding. Many things can hold you back from getting started with a business idea- lack of experience, the fear of failure, lack of knowledge or inspiration. The biggest blocker , however , is invariably a lack of funds. Not many people will want to take out loans or dip into savings to start a new business.
Whilst this is an issue for many of us , it doesn’t have to be a complete show stopper to your dreams of starting your business.
Experlu have put together a list of 15 Business Ideas For Women With (Almost) No Startup Costs.
You can get yourself registered on freelance sites like PeoplePerHour and Upwork and work on a freelance basis. You can charge either on an hourly basis or a project-to-project basis, depending on your services.
Some of the job ideas you can freelance and make money for are graphic designing, editing, copywriting, video editing, proofreading and tutoring.
Publishing A Book
If you have good writing skills and a creative mind, you can launch your book. There are many types of books to work on, like poetry books, comic books, novels, coffee table books and ebooks.
There are many platforms on which you can start creating and self-publishing your books. This allows you to have complete control over the look and quality of your book.
Becoming an ebook writer is even better because it eliminates the need of incurring printing costs.
Sell Customised Clothing
You can sell customised T-shirts on a per-order basis. A print-on-demand t-shirt business is not only easy to set up but also eliminates the problem of getting stuck with extra inventory.
There are a variety of print-on-demand (POD) platforms on which you can sign up, create a profile and upload your products in a matter of minutes.
If you are a big fan of cooking and baking , you can start a catering business. Initially, you can start small by providing services for small events like birthdays or anniversaries. When you have enough funds and experience, you can move on to complex catering services where you can hire help and more expensive equipment.
There are many websites and businesses that hire people to produce content for them. You can get started as a copywriter by listing your services on various platforms like Upwork.
To become a copywriter, all you need is good writing skills, editing software like Grammarly and the ability to remain focused to create engaging content. You should ensure while writing content that your content is unique and engaging.
House sitting means living in and looking after someone’s property when they are at work or on holiday. Many people also hire a house sitter if they have a second home in which they don’t live. As a house sitter, you have to protect the property by making it look occupied and perform functions like house cleaning duties, watering indoor plants, and more.
If you are not camera-shy, then becoming a YouTube blogger can work for you. You need to decide what type of video content you want to work on and create a YouTube account. Some brands even pay YouTube vloggers for promoting their products or services.
Becoming a successful vlogger may take years of hard work, but once you have a large subscriber base, you can easily generate a good amount of revenue from it.
Start An Online Business
You could start an online selling business, where you buy and sell any product, whether new or second hand. All you need to do is set up a business account on sites like eBay and select the niche of products you want to sell. If you don’t have the funds to buy products and maintain an inventory, then you can even dropship( see below).
Sell Handcrafted Goods
Many people enjoy collecting handmade or homemade goods. If you have a skill like making DIY candles, soaps, jewellery or pottery, then you can use platforms like Instagram, Etsy or Pinterest to sell your products.
To avoid shipping and inventory management, you can start with small batches or on a per-order basis. You can even conduct paid workshops for teaching your handcrafting skills to other people.
Design and Sell Marketing Products
While the world has become technologically advanced, physical marrketing tools are an affective way for businesses to reach their clients. If you are creative and tech savvy , you can create and sell merchandise( pens, caps) , business cards,leaflets and posters to earn money.
You can use an online platform to upload your designs where you won’t have to spend any money or worry about the product’s shipping.
Managing inventory not only takes up space but also requires a lot of money.
But under dropshipping, you can sell products without purchasing them upfront. You can list products from a supplier on your online store, and when you get an order, you can pass it on to the supplier who will deliver the product to the customer on your behalf.
But before choosing a supplier, it is essential to verify the supplier’s reliability and the quality of the products. To select the right products for dropshipping, you can check out the latest trends and reach customers through digital marketing.
Voice Over Artist
If you are a talented artist who is great at impressions, then you can try becoming a voice-over artist. There is a rising demand for voice talent in this digital world.
If you are one of those women who cannot resist shopping, personal shopping is the best business idea for you. As a personal shopper, your job is you help your client decide what to buy or purchase a product on your client’s behalf.
To become a personal shopper, you must have a good knowledge of the latest trends and up and coming designers.
If you have a skill or are qualified in a particular subject, you can conduct tutoring sessions online or offline. You can teach either at your own house or go to the student’s house. Tutoring sessions can be performed in a group or on a one-to-one basis. And you have the freedom of setting your hourly rate and changing it whenever you want.
As you can see there are a number of businesses you can start with little or no money. Start small. Test the market and survey your friends/family. You don’t have to go all out straight away. It may seem daunting but all it takes is some research and planning to get your business off the ground.
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Sophia is a full-time financial writer at Experlu. she is a passionate blogger and loves to share her knowledge on various subjects. Content created by Experlu is loved and can be found all over the internet on high authority platforms.