Entrepreneurship is taking the world by storm. Many people, both young and old, find that working a typical desk on is no longer fulfilling. Instead of forcing themselves to work at a job they hate, these individuals are thinking outside of the box and starting their own businesses.
Worried that you’ll need a lot of cash to start your own company? With the following 10 investment ideas, you’ll be able to start your own business whenever you want:
1. Online Bakery
This idea makes starting a restaurant easier than ever. By getting rid of the entire concept of a brick-and-mortar location, you can run your new business from the comfort of your own home. If you can master the art of baking goods like cookies, cakes, breads and more, you can easily take advantage of this business idea.
Outside of obtaining stellar cooking skills and ingredients, all this investment requires is a website. Once you have your online business up and running, you’ll be able to cut costs by operating from your kitchen and delivering your baked goods on a per-sale basis.
2. Freelance Photography
Even if you’ve never picked up a camera in your life, photography can be a lucrative investment for you. Whether you’re a student or you’ve dabbled in photography as a hobby, making the decision to start a photography business will definitely pay off. Photographers are always in high demand, especially with the increased demand for high-quality content for use on social media.
Start your photography business by purchasing a professional camera, taking a few classes, setting up your website, and finding clients. Though it will take a while to perfect your skills, over time you’ll be able to charge more money with each client that you book.
3. Ice Cream Shop
Ice cream is one sweet treat that has yet to go out of style. Wherever you plan to start your business, you can almost guarantee that customers will respond positively to your new investment. Though you will have to actually set up shop for this investment idea, you stand to make a lot of money by opening up an ice cream shop.
As ice cream is always in demand regardless of the season, you’ll find that your shop is never short of customers. To start your shop, you’ll have to purchase the equipment, find a supplier for the ice cream (or make it yourself), and spend a little extra on marketing.
4. Juicing Shop
With natural and organic lifestyles gaining popularity around the world, starting a juicing shop is quite a wise investment. The health-conscious customers of today are willing to spend money on anything that will benefit their healthy lifestyles. By opening up a shop that sells only natural juices, you’ll automatically attract these customers.
To really stand apart from the competition, make the juices yourself (or instruct your staff to). By marketing your business as one that sells homemade juice, you’ll already seem healthier to customers searching for the most natural juices.
5. Online Clothing Company
Looking for a business to start from home? An online clothing company is is a simple business that you can start right now. Whether you have a background in fashion design or you’re looking to explore a new industry, getting involved in the world of fashion as a retailer is a great idea for any entrepreneur. If you do have your own designs, you can start by creating the clothes yourself. As you begin to find customers, you’ll need to think about expanding your company.
With the help of Sewport, you’ll be able to connect with a manufacturer and create the products you need without having to do the labor on your own. According to Sewport CEO Boris Hodakel, his site will solve all of your production needs. Once you have a reliable and efficient supplier, you’ll be able to build a consistent clientele while you focus on coming up with new ideas for your company.
6. Personal Trainer
Staying in shape is a priority for many people these days. If you’re looking for a business that you can operate anywhere, becoming a personal trainer is ideal for you. This is especially true if you already love working out and eating healthy. Once you find your first few clients, you’ll be able to call yourself a professional personal trainer.
7. Party Planner
Searching for the perfect part-time business? Becoming a party planner is an investment idea that requires very little upfront spending. Use your connections with family and friends to start with your first clients. Once you’ve gained experience planning events for them, you’ll find that you are able to get more customers based on your portfolio and positive reviews from former clients.
8. Fast Food Franchises
The fast food franchise is a fail-proof investment idea as these companies rarely ever go out of business. People frequent these establishments on a daily basis, so you’re almost guaranteed to profit from this idea. With a franchise like this, you’ll need to hire your staff and ensure that the business gets off the ground through proper marketing campaigns.
9. Travel Agency
While travel agencies may seem like a thing of the past, many people still rely on these businesses to help them find the best travel deals, as well as put together all-inclusive packages for their upcoming trips. This type of business can be operated completely online and will require a very minimal amount of actual investing. Most of your money will go towards bringing in new clients as you work to grow your audience.
10. Tattoo Shop
Tattooing is another timeless art that will always bring in a faithful set of customers. Whether you have tattoos yourself or you never set foot in a tattoo shop before, investing in this idea can be profitable. After purchasing the equipment, renting a space, and hiring your staff, you’ll be able to start turning a profit with your new business.
What To Do Next
These low investment ideas are easy enough for anyone to start on their own. Use this guide to inspire you to start your own business this year.
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