Wednesday, 24 April 2013

11 Business Ideas which requires low initial investment



1. Tour operator: If you are into adventure then you can start a Tour business. As a tour operator you can organize gap-year programs for students or cultural heritage tours for tourists.

2. Event Manager: You can become a corporate event manager or specialize in managing wide range of events such as weddings. You can organize and manage music shows, dramas or any other event. 

3. Web Design and Maintenance Business: If you already know HTML or other web design scripting languages, you can make easy money from website design, or maintaining websites. You may become their angel by offering website maintenance services. You can start all by yourself. Later as your business grows and you move on to bigger things – you can hire an employee to take care of this part of your business.

4. Consulting business: Depending on your field of expertise, you can earn immensely from your skills by doing consultancy services for clients. Whatever your area of expertise, somebody somewhere definitely needs your service for the simple reason that no single individual can do everything by themselves. An accountant will always need the services of an Information Technologist. The same applies to every other profession.

5. Online business: You can start a blog as a business. This however calls for a lot of hard work on the part of the blog owner and it potentially takes a much longer time to establish than any other business. The good thing is that you need not work at any specified time. You can learn to code and develop various apps or get into affiliate marketing.

6. Content writing: Do you have a passion for writing? If so then you are deliberately allowing money to slip you by. You have lots of opportunities to choose from; you can be hired to write contents for blogs, or you can actually do copy-writing for website contents.  You can be a contributor for magazines and newspapers and they pay you for all your published articles. Writing is a pleasantly flexible undertaking, because you can chose to write in the morning, at night or any time as you please. 

7. Real Estate Agency: This is one of the simplest ideas to implement. You go around in locality, check online and print listing for properties that are to be leased. With this info advertise in classified section of a local newspaper or craigslist. You will also need to contact the property owner and take their consent to represent them.

8. Affiliate Marketing: This is one of the business ideas with low investment yet a very high yield over time. Many companies would gladly pay you a commission for promoting and selling their products.  Before you get into affiliate marketing, do some research on the products that would sell faster.  Get a NICHE that attracts many people such as health, beauty, work at home opportunities, and relationships.  It will be easier for you to sell products on these areas.

9. Multi Level Marketing: Operating an online MLM can be very rewarding.  MLM is another one of the business ideas with minimal investment that can turn you into an incredibly flourishing online entrepreneur fast.  All you require is a reputable and easy to operate network marketing business and the chances of earning from the business are quite high.  As you grow the business by recruiting people and selling products, with time you will not need to work on the network for you to earn a RESIDUAL INCOME.  You will also be earning from the efforts of all those you recruit. (Note that some Multi Level Marketing offers on internet are scams).

10. Fact-Checking and Research Service – Did you know that nearly every major magazine and many websites obsessively check and re-check every fact and source in their story? Best of all, very few employ in-house researchers to do this critical task. Yes, it’s tedious, but it only requires a laptop and a telephone!

11. Bookkeeping – Bookkeeping and accounting is perhaps one of the most in-demand services that small businesses will farm out to part-time freelancers. And you don’t need to be a CPA to keep a company’s books – most of this work is routine data entry and paying bills. No experience? You can find evening or online training pretty easily.

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