Having a business idea can be like a puzzle thereby making someone confused about which one to choose over the others. Mostly some may discover that the business they have in mind, their immediate financial status cannot uphold its inception, therefore, making every effort futile.
It can happen to anyone especially if you have no sponsor, and this can derange most entrepreneurs who think of becoming self-employed.
In the quest on resolving some of these issues most entrepreneurs encountered we have come up with 14 Business ideas with low start-up costs and I hope this will help someone find their passion and career.
List of Business ideas that will Change your life
Being an electrical expert is a nice business idea one should not overlook. It is a “sort out for” skill that is essential in every developed city. The majority of people can not do without electricity, therefore, once their electricity develops fault they would seek the assistance of an expert to fix it.
Starting the business does not cost much. Mostly, what you need in the business is your tools and passion for the work. Therefore, if you are a fast learner it could take you up to six months to learn the skill and you can as well begin to win contracts for wiring houses that are newly built.
2. Content Creation
With the emergence of the Internet and social media, content creators are now more relevant and mostly demanded by some bloggers and social media influencers who do not have the gig to do it themselves. Hence you can create nice content and market yourself.
3. Event Planning Services
If you are good at organising people and hosting events, you can actually start making money by engaging in events like birthday parties, friends clubs ceremonies and weddings. Your professionalism can actually make people demand your service.
4. Social Media Consultant
Big companies and highly influential people mostly need some individuals who can help them handle their social media handles and blog. If you are good at posting some content and as well know how to schedule the posting and Target audience, you can win the job and you don’t really need capital for such a job, your expertise can only fetch the cash for you.
5. Online/Offline Courses Tutoring
Are you good at any skills? Be it how to do skills like baking, cooking, or production?
Or any online courses like marketing strategies? You can actually deliver your service of lecturing some people that desire to learn such skills online through zoom, Skype, Google meet or start a home base lesson and people will come for it.
6. Music Lesson
If you are gifted with skills for music both in voicing and expert in musical instruments, you can start up lessons for beginners to learn. You can monetize your skill both online and sell your brand to numerous people that have a desire for a music career. You must not have musical instruments, but those that want to learn can actually come with instruments while you teach them and make your money.
7. Automotive Technician Services
Learning automotive technician as well known as a mechanic can be a nice business to do. It doesn’t require much money to start up. Basically, your tools and workplace is the most important thing to do.
Learning the skill will not last more than a year for a fast learner.
8. Car Wash Business
What is required in this business is a space where people will park their vehicles. The car wash business does not really require much expertise to start up, with your buckets, water and detergent you are good to go. Another thing to do is to publicise your service to the neighbourhood and watch how it will grow into a big venture.
9. Graphic Designing
Graphic design has become the beauty of every business that wants to trend both online and offline. So being a graphic designer can fetch some cash into your pocket. A lot of companies and individuals need graphics to showcase their services and once you can give them a good design and portrait for their business then you are good to go.
A blogger can actually become a billionaire but all required are consistency and dedication. Although a lot of people aspire to become a known blogger or vblogger, but got discouraged on the way because of not getting enough traffic or money from it. Building up a website doesn’t cost much compared with the rewards when it becomes popular. Owning a Vblog may require cameras, a laptop and an Internet connection. While blog only requires your laptop or phone with an Internet connection.
11. Skit maker
Skit-making has become a highly lucrative business. With the help of social media self-made celebrities have emerged through skit making thereby becoming influential both on Instagram, meta and TikTok. You can begin the journey today if you are a comic type, and learning skit does not cost much.
12. Fast Food Business
Some so many people are good in dish making but yet they complained of being out of cash, and some of them have no business they are doing. You can monetize your cooking skills by opening a fast food joint.
It was just like the case of Colonel Harland Sanders who developed his business from selling fried chicken on the roadside into owning a multi-million fast food brand known as KFC.
13. Solar Installation
You can actually be a solar installer in your city and beyond. Due to the insufficiency of electricity in some countries, solar energy has become a source of generating electricity and people in those localities have alternatively opted in to solar. You can find any expert and learn the process, and once you master it you are good for making money.
14. Electronics Installation/Repair
Electronics have become life companions of every man, and every home mostly has some electronic gadgets be it television, radio, fridge, air conditioner, heater etcetera… Therefore technicians that repair those electronics are essential. Also, most electronics like air conditioner and water heater requires an expert who can install them in the house for usage. You can as well think of the idea and go learn it.
We hope you enjoyed our list of business ideas that can change your life. Although most of the business ideas we shared do not cost more money to get started.
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