Business Ideas With Low Investment and High Profit! (2024)

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Business Ideas With Low Investment

Are you looking for home business ideas with low investment?If you’ve been dreaming of starting a business with low investment than a home-based business is a perfect solution.

There are MANY legitbusinesses ideas with low investment and high profit!

FREE RESOURCES:

Home businesses usually require lower overhead and little start-up costs because you don’t have to rent, buy or lease out an office space. Most require just a laptop and high-speed internet connection and those that don’t can be started with just a small amount of inventory.

Many of us have dreams of starting our own business or working from home but sometimes it can get overwhelming trying to think of how and where to start. What skills do we need and how do we get them? Where can we get help starting up?

Think you don’t have the skills it takes to start a business or don’t know which business to start? Well, I definitely know the feeling and over the years I have tried many online businesses and researched many for others.

In my research, I have come across some great people who have started and are very successful in running their home businesses and I want to share them with you.

I’ll also share my favorite resources for getting training to learn the skills you need to start a business in each particular niche. You don’t need to know everything right now, you just need an idea and a plan to get going.

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Business Ideas With Low Investment and High Profit! (1)

Business Ideas with Low Start-Up Costs

Start a Bookkeeping Business

Did you know that Bookkeeping was one of The 15 Most Profitable Small-Business Industries in 2016 according to Entrepreneur.com? Yup! And a Bookkeeping business has very low startup costs.

Think you will make a good bookkeeper but don’t know where to start or what training and skills you would need?

If you want to learn more about what it takes to become a bookkeeper and run your own business, I recommend this FREE Course:How to Start Your Own Virtual Bookkeeping Business.

Robin Buckallew the creator of 60 DayBookkeeper goes over everything you need to know about starting a Bookkeeping business in this free course. She goes over what skills, equipment, and software you need. She also breaks down some of the costs with you in an easy-to-understand video format.

Start a Freelance Writing Business

Like to write? Why not become a freelancer? All you need is a computer and some training to help you get set up to find writing gigs.

Not sure what to write about? Check out thisFREE list of 200+ niches(and sub-niches) to choose from to help you decide.

If you’re serious about freelance writing and want to sign up for an advanced course that will show you the ropes, then check out30 Days or Less to Freelance Writing to Success.With30 Days or Less to Freelance Writing to Success, you will getwalked through everything you need to know before starting your business.

You can check out some success stories and the full course curriculumhereto see if it’s right for you.

Become A Web Designer

Web designers can pretty much work from anywhere. All you need is a good computer, some design software and some training. Udemy has a lot of awesome inexpensive courses to help you with everything you need to become a web designer.

Check out these courses on Becoming a Web Designer. I always encourage people to look for highly-rated courses with lots of student reviews before joining a course on Udemy. I love Udemy because it’s so affordable that you can actually take several courses and not break the bank.

Business Ideas With Low Investment and High Profit! (3)

Start a Transcription Business

Yup, they are actually real and you can make money from anywhere being a transcriptionist. I was seeing a lot of people write about transcription but for some reason, I always thought it was a scam.

That was until I met Janet Shaughnessy who created TranscribeAnywhere.com. If you want to find out more about Transcription, see how much you can make and just see if you’re a good fit, I recommend taking her free course:Transcription Foundations: Free 7-Lesson Mini-Course with Janet Shaughnessy (Creator of Transcribeanywhere.com).

The free course will give you an idea of whether you would like this business and whether you are a good fit.

Once you’re ready to dive in, you can enroll in one of Janet’s Courses for either General or Legal Transcription.

Become a Freelance Proofreader

Here is another work at home job I thought was a scam until I met Caitlin Pyle the founder of Proofread Anywhere andWork At Home School.She is a professional proofreader turned freelancer and is helping others to become a successful freelancer as well.

If you want to find out more about running a proofreading business than check out thisFREE Workshop to learn the Skills You Need to Start Your Freelance Proofreading Hustle.

The Free Workshop goes over everything you need to know about freelancing and what training you may need.

Become a Scopist

What on earth is a Scopist? I first learned about Scoping from theWork At Home SchoolSummit where the founder of Internet Scoping School was a guest.

So basically a Scopist is a person who edits transcripts for court reporters.

Court reporters write or “take down” proceedings usingsteno writers. Theyimport their steno notes into computer-aided transcription software that translates the steno into English.

Court reporters thenhire scopists to help them save time in the editing process so that they can make more money themselves by taking on more jobs instead of doing the editing.

Want to learn more about scoping? Internet Scoping School (ISS) offers a free mini-course to get started. Check out the Free Scoping School Mini-Courseand see if scoping is for you.

According to Linda Evenson the founder of ISS, Scopists are in high demand and can make a good salary. She goes over earning potential and more in the free training course I mentioned so go ahead and give it a look.

You may also like:

  • 5 Legit Work From Home Jobs
  • Ways to Make Money You May Not Have Heard of

Professional Organizer Business

Do you love organizing? Why not become a professional organizer! If you think you would be a great professional organizer I recommend finding and following other professional organizers first so you know what you are getting into.

One of my favorite professional organizers is Lisa Woodruff of Organize365. I started following her after reading The Mindset of Organization.

Lisa has a 100 Day Organization Program in which you can join and learn how to organize your own home. Some of her students will become organizers themselves once they complete that program. It’s a great way to get to know how other professional organizers think and work.

She also has a free podcast you can listen to just search for her name or “Organize 365 on iTunes or your favorite podcast player. I honestly could listen to her all day, she motivates me to organize my home and stay organized and almost makes me want to be a professional organizer!

Lisa has a certification program called The Sunday Basket® Workshop Organizer Certification Programthat you can check out as well. I love the Sunday Basket Concept and it’s another business you can start if you rather not organize homes.

Start A Virtual Assistant Business

Not sure what services you can offer as a Virtual Assistant (VA)? Grab Gina Horkey’s FREE list of150 VA Services, you are sure to find services that fit your experience.

Gina also offers a full courseon becoming a virtual assistant called 30 Days or Less to Virtual Assistant Successthat you can check out. She also runs a course for becoming a Pinterest VA! If you love Pinterest you will want to check that out.

I know in the blogging world we all need VA’s, so the demand is high. A lot of bloggers actually become Virtual Assistant’s to supplement their income as they build their blog. Keep in mind you definitely don’t have to be a blogger to be a VA.

One thing that almost all business owners will need eventually is a website. Check out this free resource on creating a website using Squarespace.

Find anything that interests you? Don’t know where to start or need help choosing? I recommend you sign up for the free resources I mentioned and get an overview of the businesses and see if any of them are a good fit. Remember you can always start off as a side hustle while you keep your day job.

Questions? Comments? Leave them below!

This post may contain affiliate links. Read my disclosure policy here

Business Ideas With Low Investment and High Profit! (2024)

FAQs

Business Ideas With Low Investment and High Profit!? ›

According to Statista, regional banks are the most profitable financial business, realizing 30.31 percent in profits as of January 2023. Money centers have nearly 27 percent profit margins, and nonbank and insurance services see 26.32 percent profits.

Which business is best to earn money with low investment? ›

List of the Top Profitable Business Ideas with Very Low Investments
  • Start a Dropshipping Business. ...
  • Design And Sell Print-On-Demand T-Shirts. ...
  • Event/ Wedding Planner. ...
  • Driving School/ Cab Service. ...
  • Food Catering Business. ...
  • Content Creation. ...
  • Social Media Consultant. ...
  • Bookkeeping Services.

What is the cheapest business with the most profit? ›

  • 17 low-cost business ideas with high profit potential. ...
  • Creating a print on demand business. ...
  • Selling digital products. ...
  • Freelancing. ...
  • Affiliate marketing. ...
  • Pet sitting and dog walking. ...
  • Tutoring, coaching, and consulting. ...
  • Selling your art.

What small business have the highest success rate? ›

Most profitable small businesses
  1. Food trucks. ...
  2. Car wash services. ...
  3. Auto repair. ...
  4. Personal trainers. ...
  5. Newborn and post-pregnancy services. ...
  6. Enrichment activities for children. ...
  7. Mobile apps and entertainment for children. ...
  8. Shared accessories and attire.
Feb 28, 2024

What type of business has the highest profits? ›

According to Statista, regional banks are the most profitable financial business, realizing 30.31 percent in profits as of January 2023. Money centers have nearly 27 percent profit margins, and nonbank and insurance services see 26.32 percent profits.

What small business is very profitable? ›

What type of small business is the most profitable? Small businesses in consulting, online education, and digital marketing are usually very profitable. They have low costs and can charge high fees for their specialized services.

What is the easiest business to start right now? ›

20 Businesses To Start for Under $1,000
  1. Bookkeeping Service. Technically, you only need a high school diploma to work as a bookkeeper, so this small business idea is accessible to anyone. ...
  2. Tutoring Business. ...
  3. Consulting Business. ...
  4. Delivery Service. ...
  5. Online Store. ...
  6. Pool Cleaning Service. ...
  7. Graphic Design Services. ...
  8. Pet Sitting Business.
Feb 4, 2024

What is the most profitable business to start from home? ›

40 best home business ideas
  • Buy products in bulk and sell them online.
  • Sell homemade products.
  • Start a dropshipping store.
  • Start a print-on-demand business.
  • Offer online services.
  • Teach online classes.
  • Productize your service or expertise.
  • Grow an audience you can monetize.
Jan 23, 2024

What's the best business to start from home? ›

Here are 19 home business ideas to start.
  • Virtual Assistant Business. ...
  • Recruiting Agency. ...
  • Doggy Daycare. ...
  • Property Watch Service. ...
  • Airbnb Management Service. ...
  • Print-on-Demand Business. ...
  • Sell Online Classes. ...
  • Sell Homemade Products.
Feb 2, 2024

What is the easiest business to start with no money? ›

Simple Service Businesses
Dog walkingHouse paintingLawn service
House cleaningProfessional organizerJunk removal
Mobile car detailingGrocery deliveryParty planning
Senior companionHandyperson businessCarpet cleaning
Walking toursGutter cleaning businessPlant watering service

What business is booming right now? ›

Several of the fastest-growing small businesses of 2024 include construction, healthcare services, personal services and information technology (IT), according to the Bureau of Labor Statistics (BLS). This is good news for entrepreneurs looking to start a new business or expand their products and services.

What business are most likely to succeed? ›

Top 10 most successful businesses to start
  • Social media management. ...
  • Cleaning service. ...
  • Business consulting. ...
  • Copywriting. ...
  • Graphic design. ...
  • Real estate brokers. ...
  • Online courses. ...
  • Pet services. For those who love our furry friends, starting a pet service business may sound like a dream job.
Mar 4, 2024

What are the top 5 most profitable businesses? ›

Here are five ideas for the most profitable businesses anyone can start today:
  1. Digital Marketing Services. ...
  2. Online Education and E-Learning Platforms. ...
  3. E-commerce. ...
  4. App Development. ...
  5. Freelance Content Creation.
Apr 13, 2024

What company makes the most money per day? ›

The Saudi Arabian Oil Company, known to most as Saudi Aramco, is by far the world's most profitable company, raking in a stunning $304 million of profits every day.

What is the best business to start with $1,000 dollars? ›

These 20 business ideas can be your side hustle or your main gig.
  1. Photographer. Photographers see the world through a different lens than the rest of us. ...
  2. Senior Home Care Aid. ...
  3. Personal Trainer. ...
  4. Author/Writer. ...
  5. Virtual Assistant. ...
  6. Auto Detailer. ...
  7. Consultant. ...
  8. Social Media Manager.

How can I make money with little or no investment? ›

Easy Way to Make Money Quickly Generate Income with Minimal Investment
  1. Freelancing: Your Skills, Your Income. ...
  2. Affiliate Marketing — A Lucrative Opportunity. ...
  3. E-commerce: The Online Storefront. ...
  4. Real Estate: A Passive Income Source. ...
  5. Stock Market: Investing Made Simple. ...
  6. Side Hustles: Turning Hobbies into Cash.
Oct 12, 2023

What business will boom in 2024? ›

AI should continue to shine in 2024. The year 2024 presents an intriguing landscape of opportunities across various sectors in the capital markets. The technology sector is at the forefront of these, with artificial intelligence (AI) leading the charge.

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