If you currently are unemployed, either by choice or not by choice, or work a full-time job, you may be thinking about what life would be like if you had your own business. You may be tired of getting a paycheck that is less than satisfactory, bored with your current situation, or no longer wanting to work specific hours.
You may also find that many of the “work online from home” jobs are usually too good to be true, and require up-front costs without delivering any profits. Whatever your reason, there are ways to start your own business with very little start-up cost!
#1. Web Content Writer
Were you always the one student who enjoyed writing essays in school, or did you have a knack for the English language? Can you write or edit documents in a variety of niches? Perhaps you should consider becoming a web content writer.
Commonly known as freelance writer, this requires very little start-up cost. You need a computer with a steadfast internet connection and the knowledge to network among companies and other platforms to get the writing jobs, but once you begin to receive steady work, you may be recommended by others to do their web content writing as well!
#2. Direct Sales
There was once a time where Avon and Tupperware were the premier direct sales companies. Today, there are hundreds upon hundreds of quality direct sales companies that have many successful consultants.
Yes, there is a small start-up cost, usually in the few hundreds (or more, if you want more product to showcase), but other than that, all you need is a reliable mode of transportation for your home parties and a savvy way to network among friends and friends of friends.
#3. Day Care
Many new mom’s that are hesitant about going back to work, find that starting their own day care business is an ideal way to stay at home with their own children and make an income. With the high cost of day care, many find that much of their paycheck after going back to work is going to day care services, which negates the actual point of working outside the home.
You can start an in-home daycare with little cost and in little time. Be sure to check with local laws and ordinances about licensing, permits, home inspections, and any certifications you need before opening your new business.
For a unique twist on an at-home venture for the creative-minded individual, gift baskets are the perfect pick-me up for hospital or rehabilitation patients. Startup costs will include a variety of quality baskets, adornments and a highly reputable company that can supply you with fresh flowers, gourmet coffee and snacks, and small gifts.
Costs will also include a website and any other marketing materials or advertisements to make your business known.
#5. Dinner Delivery
Are you a talented cook or baker? If so, a food delivery service can be your own business! You can make distinctive and delectable dishes in your home kitchen and have a delivery service for those that are too busy to make healthy meals on their own time.
For celebrations, you can also offer a variety of confections, such as wedding and birthday cakes. Startup costs will vary and you will also need to check into regulations, inspections and permits on using your own kitchen for commercial purposes. You will also need startup funds for advertising, a website and of course, fresh ingredients that will need to be used and replaced often.
If you are ready to start your own company, try to avoid doing it completely on your own, at least in the beginning. It is important to completely understand all facets of business, even if you are in it on your own.
Find a business coach you can trust to ask questions and get advice from, such as a tax advisor, small business advisor and others who are in your field. Paying attention to the laws and ordinances of running a small corporation, even if it is online, will prevent any unwanted surprises at tax time!
Seeking advice from those who have experience and success doing precisely what you plan to, will allow you to know what to expect, help you avoid common mistakes and give you the tips you need to get off to an ideal start. Good luck and happy planning in your new venture!
Featured photo credit: Startup Stock Photos via pixabay.com