The best business to start with little money, is extremely becoming increasingly so difficult to meet ends with just one income source. Thus more and more people are investigating the possibilities of starting their very own extra income home business which can also be side hustle business.
Most of these part time endeavors are started and operated from the comfort of their home.
According to research, the times of economic crisis and financial meltdown are the best periods to start a best business with little money.
The good news is that you don’t need a huge amount of capital to start a successful small best business. With great best business ideas and a good execution strategy, you are on to a successful business venture.
The cost of starting a best business in this era of the internet and social media technology has greatly reduced. In this post, here are few validated best business ideas you can start with almost no money.
Here Are Best Small Business Or Side Hustle To Start With Little Money
1. Uberpreneur – Driving for Uber
There are many different reasons why people choose to drive with Uber. Some do it for the freedom to drive when and where they like. They’re the boss, and they work for as long or for as little as they want, following a schedule that suits their needs.
An average Uber driver earns a good income a week.
Driving a commercial vehicle can fetch you a good income on daily basis either driving you own or driving for someone.
2. Hairdressing and Barbing Saloon
Why I have put these two businesses together is the similarity between them. All things equal you may go for just any one of the two you’re convenient with. And you may equally go for the two even with no hairdressing or barbering skill in as much as there are people out there ready to work under you for a fee.
All in all, they are two lucrative businesses with less than 100, 000 capital and you can always expect sales to be through the roof.
3. HOUSE CLEANING SERVICE
Many new home-owners and apartment dwellers will welcome help at “house cleaning’. Charge a flat fee for the amount of work that must be done whether is a new or old house.
Make appointments with firms that provide labour for tidying up office environment , cleaning carpets, dusting the furnitures, polishing, etc. and collect a commission from them.
Tell your friends and family who are moving to a new house or changing offices, with the help of fliers or handbills you could reach out to a large audience.
4. MAKE AND SELL CUSTOMIZED UNIQUE JEWELRIES AND BEADS
Homemade costume jewelry sells, sell directly to jewelry outlets, gift shops, hairdressers shops, clothes boutiques, and by selling on e-commerce shops such as Jumia, Konga, Payporte, OLX, Facebook Shopify, Gtbank smemarkethub, etc.
5. MAKE A GOOD NICE SMELL OIL PERFUME AND SELL
Making a nice smell perfume and being consistent in it you can generate a massive income from it as being the producer and also the seller.
6. Laundry Business
In cities and counries these has become a great business opportunity for many people dive in to because so many people right is finding it so difficult and having less time to wash their clothes.
is always moving fast ahead that it gets so hard to create time for such thing as laundry. As a business person, you should be seeing a good opportunity here.
7. Drop Shipping
This is a form of business that you can start with a very low capital. What you need is your laptop or smartphone, internet data, and your social media platforms e.g. Facebook, Twitter, Snapchat etc. ( which could serve as your online shop)
it could be selling products for companies on sites like eBay. Whenever the product is sold, the company handles everything else, such as shipping.
This is a lucrative business idea that has made millions to people engage in it. The secret of the business is identifying and knowing what the people need at the particular moment and knowing where and how to source for those items. you can start from your locality or area.
8. Cake and Cupcake Bakery
Making, decorating, and selling one-of-a-kind cakes and cupcakes for occasions ranging from birthdays to weddings to anniversaries is a great business idea for the hobby baker to pursue, and one that is potentially very profitable.
You can get started on a shoestring budget by baking and decorating right in your own kitchen.
An effective marketing idea is to send samples of your cakes to interested parties to make sure they send business your way or showcase pictures of the cakes on Instagram using appropriate hashtags and other social media.
9. Consulting Service
If you already have the knowledge or experience in a specific area, such as providing legal advice or showing business how to become more eco-friendly, then you can easily start your own consulting agency. The main costs involved are marketing your business and networking, so invest in a website and business cards.
10. TUTOR SERVICE
There are a lot of students who need assistance in every subject, ranging from elementary school to college. If you have this knowledge, then starting your own tutoring service can be an appealing business idea that requires almost no capital. After all, the students already have the learning materials with them.
11. Grocery delivery
one major grocery stores offer delivery services, but not all of them do. There’s a chance your local supermarket doesn’t, either. That’s when you can charge customers to have you go to the store for them and then deliver groceries to their homes.
12. Creating Information digital Product
If you have experience with a specific niche, then you can start selling your knowledge by creating products like eBooks or instructional videos and sell it in amazon etc.
13. Blogging And Vlogging
If you’re familiar with a specific topic, then you can launch a blog where you share your knowledge. You can earn money by selling ad space, becoming an affiliate or starting a subscription service. Here’s a resource to getting started with blogging.
14. Graphic Design
While having a formal background in graphic design is absolutely going to be helpful, it’s also relatively easy to learn the foundations of graphic design on your own using tools like Adobe Illustrator and Photoshop.
But before you can start earning a living as a graphic designer, you’ll need to build your skills recommend and be creative in all your designs.
Learning how to program or write codes, such as with the object-oriented dynamic programming language known as Ruby, is one of the most lucrative business out there. Here’s a guide to starting a developer business to help get you started.
16. Secretarial Services
There are a lot of small businesses even big companies and individuals who need services like typing, transcribing, keeping records of cash flow and proofreading. As long as you’ve got a computer, a printer and the necessary skills, your business should be good to go.
17. Buying of Domain names At Cheap Rate Ans Sell High
You can buy a domain on the cheap — sometimes for less than $1. If a business comes along and needs that domain, sometimes they’ll be willing to pay top-dollar for it.
18. House Painting Business
This may be skill-demanding but it takes as much dedication you may have to throw into any other business to be a skilled painter.
And it doesn’t end there. For you to be a successful painter you may want to learn how to be persuasive, how to meet potential clients and earn a lifetime working relationship with them. So here, much of your capital is invested in educating yourselves in these things.
19. INTERIOR DECORATION
Market your talents to building contractors. People purchasing new homes can often be overwhelmed with the choices and possibilities in home decoration.
20. A SMALL POULTRY
Poultry farming is a business you can start from your backyard with 50 to 1000 birds a day old and sell it after 3 weeks old almost double the amount you bought it.
21. ESTATE MANAGEMENT
Owners of apartments and houses are most often willing to pay 5% of the rent as commission to agent who will collect monthly rents, place income in the bank, superintend maintenance and show people over vacant flats.
22. Affiliate marketing
If you have a blog or a website with a significant amount of followers, then you can become an affiliate. Essentially, this means that whenever you recommend ther people’s products or services, you can use your own special affiliate link that you’ve requested from the company (or a marketplace like Amazon).
Read Also: 10 Assets That Are Making People Rich
23. Party And event Planner
If you’re organized and a planner, then taking care of the arrangements for birthdays, retirements or weddings can be a profitable business.
24. Phones And Computer Repair Services
Think of all the computers and phones out there that crash or need updates. Do you think that each owner has the technical knowledge to handle any troubleshooting problems? Consider starting your own service.
25. Finance Or Life Coach
Many people hire coaches or mentors to help them with things like losing weight or finding happiness or even guide on how to manager their money. (I’ve found that most life coaches charge $50 to $250 an hour.)
26. Homemade natural soaps and beauty products
Selling natural products is a thriving business. Even if you don’t feel comfortable making your own natural soaps and beauty products, you can drop ship for companies that do.
27. Logo design
Vividly every company and business individual wants a brand logo nowadays to make them stand out. You can do anything from designing unique logos to customizing ideas from templates and get a good income from it.
28. App developer
With the mobile revolution in full swing, the demand for apps has never been higher. Even if you don’t have programming skills, you can still hire someone to make your app a reality.
29. FOOTBALL VIEWING CENTER
In the contemporary African setting, having a satellite dish system at home used to be a luxury but with the emergence of DSTV, GOTV, STARTIMES, MYTV and other free-to air satellite stations, watching foreign Television programs has never eluded the African viewers again.
After procuring tools like a sander, a matte-cutter, a glass-cutter, tape, clamps, saws, miter boxes, picture-hangers, a stapler and glue, all you need for this business is marketing.
31. Online content writer
Businesses need lots of content today. If they don’t have an in-house team to create and produce content, they often hire talented outside individuals to do it for them. (There are businesses that pay $50 per blog post, such as mine — here’s my own content marketing guide to help you in your journey.)
32. Selling You Craft
If you can make handmade crafts, like jewelry and furniture, then you can sell those products on sites like Etsy.
33. Concert and show promotion
If you have some experience in marketing and very skill to promote some one else product and are passionate about spreading the word about upcoming events, then you can start working with artists, venues and labels to generate buzz with essentially no investment on your part.
34. Product reviewer
Companies are often looking for individuals to test and review their products. You can also start your own blog where you review products in a certain niche.
35. Makeup artist
Whether if it’s for a special occasion like a wedding or for Halloween, people often pay a significant amount for someone to do their makeup.
36. Snacks and drink business
If you ever left a sporting event or concert thirsty and starving? We’ve all been there. That’s why you see people selling bottles of water and snacks after an event.
37. Creating Customized gift packages
Many people enjoy customized care packages that they can give out as gifts. To begin, you need to find a niche, like holiday packages, and start filling baskets with goodies.
38. Online dating consultant
More and more people are turning to online dating to find a match, but it can be overwhelming when just starting out. If you have experience in the area, then some people are willing to pay for advice.
39. Car wash
Many people now find it difficult at times to create time to wash their vehicle. if you can find a good location and set up car washing business I bet you that lots of good income awaits you daly.
40. Travel Agency
Even though there are hundreds of travel websites out there, most people don’t have the time or patience to compare the prices on flights and hotel rates. That’s why there’s still a need for people to do the legwork for them.
41. A small farm
If you are opportune to own or lease a little portion of land it is advisable to start planting crops that you can harvest almost every month or more. e.g vegetables, pepper, bitter leaf, corn etc… with this business you can generate tons of money from it beyond you expectation.
42. HOUSEHOLD ELECTRONIC REPAIRS SERVICE
Hardly would you come by a household in Nigeria which does not possess an electronic gadget. Electronic Items such as T.V, Radio, Electric cooker, Fan, blenders, microwave oven, mower, vacuum cleaner, etc
43. TOY MAKING
The local toy industry is becoming keenly interested, gone were the days when 99% of toys are imported from overseas market, recent study has shown the strong initiative in developing local contents in toy productions
Local toys are also in high demand both locally and abroad, the humor in African folks and tricks favors this genre of technology, games, game boards, masks, educational toys, models, puppets and other types are fancifully created to serve as income earner.
44. SNAIL FARMING BUSINESS
Snail meat has been generally affirmed as a very safe and nutritious delicacy. In these days of increased coronary implications and other health issues, snail –producers are certain to hit it big because many people are shunning away from beef or red meat.
45. Content editor Or proofreading
A lot of publishing houses, independent writers seek the service of proof readers; some of them will prefer the service of part-time proofreaders since they cannot afford to pay the monthly salary of full-time proof readers.
46. Wallpaper Installment
This is a 3D wallpaper which when installed in your office and house it gives it a good design. almost every individual is purchasing it and using to design their offices and home. learning how to install it can be great source of income to you.
If there is any business idea you think it should be in the list please feel free to use the comment section to list it and air you views about this business.