For many people, being in business for themselves is their ultimate dream. The idea of not having to report to a boss each day is exciting and empowering. If you are one of these people who want to be one’s own boss, there are several exciting ventures that you can easily start.
Some require a start-up fund, some require little money at all. If you can find the right business for you, you have a good chance of successfully running your own business.
Purchase an existing business
If you want to start a business that already has some success, you should purchase a business for sale. The business will likely already have a clientele. If the business owner was selling because they were not doing well, you can use your skills and expertise to make improvements that will make the existing business a success. You can either purchase a franchise for sale or a privately owned business.
Start a box subscription service
More and more people are starting box subscription services. You can create a box subscription based on your interests, such as food, healthcare, beauty products, even pet products. Each month, the subscriber would be expecting a new box in the mail, full of surprises. It is a lucrative venture that will allow you to get repeat customers easily.
With ride-sharing platforms like Uber, you can turn your personal car into a business today without spending a dollar. If all goes well, you could even get more cars and get drivers to drive them for extra income. If you want bigger profits you many have to eventually hire employees or sub-contractors. In the end, you can even start a chauffeur service.
If you have a truck and the will to work hard, you can start a recycling pickup business. Your business can include picking up things from people’s garages, basements, and attics that they no longer need. You can charge a fee by item, by weight, or for a flat fee. Many of the things that you pick up can be sold off as scrap, providing even more income.
If you are computer savvy, you can start a software training business. You can teach people to use programs such as QuickBooks, Microsoft Excel, and a variety of other programs that people need to know how to use. You can either offer workshops for groups or private sessions. This is a great way to use your knowledge to help other people and earn a profit at the same time.
Food truck business
If you love to cook, but don’t have the money to open a brick-and-mortar restaurant, you should consider purchasing a food truck. According to recent research, the failure rate for food truck business is 10 to 20 percent, while the failure rate for new restaurants is 60 to 90 percent. If you have the money for the truck and some delicious recipes, you can serve people your favorite dishes for a relatively low start-up cost.
If you have your cosmetologist degree, but don’t want to work for someone else, you should consider starting a traveling salon. There are many people who want to get to the salon to get their hair done, but don’t have the time or the means to get there.
You can do hair, nails, and make-up for clients right in their own home. The startup cost is very low. You would just need a vehicle and a kit with all of the products and supplies necessary. By advertising your business on social media, it can be the least expensive business to start.
Buying and reselling on eBay
Technology makes it easy to find, buy and resell hot products. there are more opportunities than ever to buy and resell products for extra money. Plenty of people buy local and in-demand products at a discount and resell them on eBay for profit. You can also order products in high demand from China on Alibaba and sell them on Ebay.
These are just a few of the hundreds of businesses you can start with a relatively low start-up cost. As long as you are doing something that you know and providing a service that you enjoy and that will help people, your new business has a great chance of being a huge success.