Are you tired of working long hours for low pay? Do you daydream about quitting to start a business and be your own boss? Many people do and the only thing that is holding them back is the perceived cost to start a business on their own. Many businesses have enormous start-up costs, often totaling tens of thousands of dollars just to get a foot in the door. Fortunately, there are many other types of businesses with start-up costs that are much lower.
Regardless of the business type you should create an LLC to establish for the lowest personal risks and simplest setup. Here are six ideas that can help you start a business for less than $2,000.
Bicycle Repair Business
Many people prefer to pay someone to tune up their bicycle each year and repair it when necessary. With a few tools and working knowledge of different types of bicycles, you can build a steady business and expand through word of mouth. This business tends to be seasonal unless you can get road race riders into your clientele.
Event Planning Business
It costs very little to start a business in the event planning industry. The key to this type of business is being good at figuring out what the client wants. Visit each of the event locations that you plan to work with and learn what is available at each location to avoid unpleasant surprises. These businesses may be able to offer you a deal for recommending their services and bringing them more business.
Cleaning Business
Everyone needs things cleaned and many people are willing to pay someone to clean for them. There are numerous possibilities with a cleaning business. You can focus on homes in your general area, or retail businesses where you can work at night. You could also choose to focus on restaurants, but you will need to be knowledgeable about restaurant cleaning procedures and standards to avoid problems.
eBay Business
Starting an eBay business is one of the easiest ways to start a business for little to no money. Most people start with selling things around their home that they no longer want or need. Then, they start selling things that they find at thrift stores, at flea markets, or even things that they make themselves. If you are the crafty type, you may want to try selling on Esty instead of eBay.
Freelance Writing Business
If you are good with words, you may want to start a business focused on freelance writing. You can provide a number of services from the comfort of your own home including copywriting services, business writing services, proofreading services, and web page content services. Simply type freelance writing into a search engine to find job boards that connect aspiring freelance writers with interested clients.
Pet Sitting Business
Starting a pet sitting business requires almost nothing in start-up costs. If you have owned a pet in the past, you are pretty much qualified to be a pet sitter, but having experience working at a pet food store, an animal hospital or other animal-related business. The biggest expense will be to become bonded, so that clients will feel more secure purchasing your services.