Entrepreneurship is on the rise, and there is an increasing number of entrepreneurs every year. The majority of our society thinks that entrepreneurship involves heavy funding, which it sometimes does but it is always not true. You can start a business with as few as $100 and make a fortune out of it. Here are some businesses you can start with less than $100.
Be a consultant for what you know best and help people with your preexisting knowledge. As a young aspiring entrepreneur, you probably know something that others don’t like tech skills, social media, SEO, etc. Spend $10 on a Facebook ad and start providing consultant services.
2. Package/Grocery Delivery Service
Grocery delivery and package delivery service is a cheap idea to build your delivery company from scratch. All you need is a mode of transportation and a carrier bag, and you are good to go. Extend your services to corporate clients and start building a portfolio.
3. Cleaning Service
Established cleaning services charge large amounts from clients. Buy some cleaning products, mops, brooms, etc. Start your cleaning service at a very low cost than larger companies.
4. Event Planning
If you are young and energetic, you may find it fun to plan events for different functions and parties. It’s a really exciting job and you can earn a hefty amount from each event. You just need some party skills to start this business.
Freelancing is also on the rise. You can offer your services on online platforms, and clients can purchase your services. You can also build your own website where you can show off your portfolio of services offered.
6. Lawn/Garden Management
Lawn mowing and garden management is a time-consuming task and most people find companies to do this. You can start offering your services in your neighborhood and hire workers if you get a good response.
7. Home Improvement
You can start a home improvement business if you have interior designing skills. You don’t need to spend anything before getting clients as you will buy all the required material according to their needs, with their down payment.
8. Virtual assistant
A virtual assistant (also known as VA) is like a private secretary but online. You just need a laptop and WIFI to start offering your services.
9. Baby Sitting
Baby-Sitting is a huge market, and you can tap it by establishing an online babysitting company where buyers and sellers can register and buy/sell services.
10. Handyman Services
You can set up a similar online platform for handyman services, where people can find a handyman for as per their requirements in a reasonable amount.
Are you an aspiring entrepreneur? Check out my new book: Strictly Business: How to Crush it as a Young Entrepreneur.