Investing

5 Businesses You Can Start with Low Capital

Many people are not satisfied with their jobs mostly because they feel they’re not compensated well enough for their hard work. This is why almost everybody wants to start and run a business of their own.

The misconception many people have about starting a business is that you need to have huge capital before you start but the truth is, you don’t have to use all your savings or get a loan from a loan shark before you become a boss of your own.

There are many small businesses you can invest in with low capital and can make good returns. We’ve come up with a list of business ideas for you to pick from. So, enjoy! 

1. Cleaning Services

Cleaning service is one of the easiest businesses that require low capital that you can start. You don’t have to break the bank to start. You can either choose to help people do their laundry, or clean their offices or homes.

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All you have to do is let your family and friends know you’re available for cleaning services and you can jump-start your business from there.

2. Print On-Demand (POD)

If you’re a creative designer, this is for you. You can start printing awesome designs on t-shirts, tote bags, hoodies, books etc and sell them to people. You can also sell your designs to other people.

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This is a very lucrative business that you can start with low capital. You just have to let people know about your products and services. You can post some of your designs on your socials to create awareness.

3. Fast food Joint

Yes, this is another low-capital business. If you love cooking, this is an opportunity for you to make money from what you love. Isn’t that exciting? Good thing is, you don’t need huge capital to start. 

Not everyone will be able to afford big restaurants like McDonald’s, KFC etc. Also, some people like trying out new things, so if your food is great and your customer service is on point, you’ll get customers. You just need to find a good location and get started.

4. Catering Service

Catering is very easy to start and requires low capital as well. You just need to know how to cook delicacies. You can offer to help people cook at events like birthday parties, housewarmings, weddings etc. 

You can also cater for people’s daily meals by offering daily menus of what you want to cook for the day. Some people always find it difficult to decide what to cook in their homes, you can  help them plan their meal menus and charge them for it. 

5. Photography 

There are many kinds of photography services you can offer if you are good at taking nice pictures. You can offer photography services at special events like weddings. You can also offer this service to models.

And if you like, you can choose to do product photography, travel photography etc. You don’t need a lot of money to start this.

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Final Thoughts

There are many businesses you can start with low capital, don’t let the lack of huge capital be a hindrance. Motivation is all you need to get started and remember, no business is easy, you have to be ready to put in the work. 

Keep following dailygam for more investment and business ideas information.

 

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