Low Cost Small Business Opportunities

3 Low Cost Small Business Opportunities to Boost Income

Living paycheck-to-paycheck is a hard life. If you are tired of feeling like you can’t get ahead financially and you dream of the day where you can quit your job to start your own business, keep reading! We have put together three low cost small business opportunities to boost income and get you out of that office.

Online Entrepreneur

Do you have a hobby that friends or family come to you about when in need? Examples could be web design, blogging, online selling, photography, proofreading/editing, translating, or vehicle maintenance.

Maybe it’s time to turn that hobby into your own business!

If your hobby can be completed and sold right from your own home, there are virtual marketplaces where those in need of a service like yours go to find a contractor.

Virtual Digital Work Marketplaces:

If you have a knack for knowing the resale value of items from auto parts to antiques to furniture, setting up a consignment shop right out of your basement or garage could be highly profitable! If you don’t mind shipping, then you will want to go the route of eBay, Amazon or Etsy. If local sales are more your speed, LetGo, OfferUp, and Craigslist will be your key marketplace.

Virtual Selling Marketplaces:

These aren’t the only virtual marketplaces for your skills, but they are the most familiar and trusted. Until your business is fully established and is functioning at a full pace, you can still work your current day job.

Trash Valet Company

Starting a trash valet company isn’t difficult to do. It’s an amenity that’s in high demand for multi-family complexes and there are add-on services you can offer with the trash pick-up services to boost income even more!

A trash valet company is one of the easiest low cost small business opportunities to start. Our online training guide gives you everything you need to begin valet trash services right from your home office and for less than $500. Relying on employees isn’t a necessity in the beginning stages and you can choose the niche market you want such as retirement communities, townhome communities, even local resorts or vacation properties.

Basic online research can give you a quick view of possible competitors in your area or of the available multi-family complexes that are not currently offering their residents the valet trash amenity. If you need a little more information about the trash valet collection model and how it works, check out some of our most recent blog posts to see how easy providing valet trash amenity to multi-family housing is one of the easiest low cost small business opportunities to start.

Painting Business

A home painting business is the third pick of our suggested low cost small business opportunities to start. The market for home remodeling is on the rise due to the rebound of the recession in the early 2000s. Housing sales are up as those that were unable to purchase a home after the housing crash can now buy a home again and the stronger economy is giving homeowners the confidence to spend money to fix up their homes.

Running a painting company by yourself can be done with almost no start-up money if you have the skills of painting and working well with- and for- customers. If you, yourself, don’t care too much for the painting aspect but would be interested in running the business end of the company, perhaps there is a close acquaintance you could go into partnership with.

On the flip side, if you already have the skills needed to paint commercial or residential properties, what are you waiting for? Don’t let the fear of not understanding marketing or keeping financial books in order to prevent you from venturing out on your own. These are skills that can be learned as you build up your customer base. Rely on your painting skills and excellent customer rapport to get you started.

There’s no time like the present to get your own business up and running! Life is too short to be stuck in a cubicle all day and you are fortunate to have the skills and expertise those weekend hobbies built up along the way. Although these are just three of the easiest

Life is too short to be stuck in a cubicle all day and you are fortunate to have the skills and expertise those weekend hobbies you’ve built up along the way. Although these are just three of the easiest

Although these are just three of the easiest low cost small business opportunities to start of all the different jobs in the world, we think these ideas are pretty great and can be done with little-to-no-money. Remember, if there’s a will, there’s

Remember, if there’s a will, there’s a way!

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