Want to start a business and don’t have enough investment? You’re not alone. A lot of people, especially youngsters, want to start their businesses but can’t pursue this dream because of limited financial resources. However, technology has changed the game forever and for everyone. Since there are plenty of businesses that don’t require physical spaces, it automatically cuts the cost of starting a business. However, if you’re not a tech enthusiast, you don’t need to worry. There are numerous business ideas you can work on to start your business that involves low cost and no technology.
New business ideas sprout every day. So, whether you are tech-savvy or not, here is a list of business ideas that you can start under $1000. It’s up to you which one is more suitable for you as per your interest and investment range. Let’s dig down a bit deeper.
1. Swap websites
The main idea behind such websites is to borrow anything instead of buying. Many a time, students living on-campus need to buy something for single-time use. Maybe some other students have it and don’t need it at that moment. So, instead of buying, you can borrow it from any other student. In this scenario, it becomes cheaper for the student-in-need to borrow the desired item at a comparatively cheaper rate. And the other student who lends anything can make a few bucks. You can consider it as a kind of barter system of the new era because you offer to lend and borrow things.
For this purpose, as a startup, you can build an app to connect students studying on the same campus. To grow it further, you can enhance the area by connecting people living in the nearby areas or even in the same city. There are a substantial number of websites that are working on the very idea. For instance, SwapStyle is one such website that allows you to swap fashion accessories such as shoes, clothes, and cosmetics.
If any swapping website isn’t working in your vicinity, you can consider developing such a website. If someone has already converted this idea into a setup, you need not worry. Continue reading this blog to find out more exciting ideas to run your startup.
2. Web Designing Company
If you obtain the appropriate skill set to design a website, you can start a web designing business quite easily. You just need a laptop and a reliable wifi connection. To get the required skill set, a lot of free tutorials are available online. You can learn to code for free. Thus, you can start this business for under $1000. There are a lot of freelancing platforms from where you can start getting work. Furthermore, if you get work in bulk, you can hire employees since it is pretty easy to find workers with the same skill set.
3. Editorial Business
Are you a person who finds grammatical mistakes and typos pretty easily while reading anything and everything? This business idea can be a good fit for you. If you love writing and editing, there are too many platforms out there where you can set up your business profile to get work. Again a laptop and a good quality internet connection are enough to start your business which will surely cost you less than $1000. Once you get enough clients to have a good workflow, you can buy editing-related tools and hire employees with similar expertise. You can run such a business completely online. If you want to have a physical setup, you’ll require more investment which you can fetch out from your already flourishing business.
4. Niche Virtual Assistant Business
There are too many businesses that provide virtual assistance services. However, most of such businesses lack one quality. If someone or some company needs a virtual assistant who is skilled in understanding specific technology-related terms, a jack-of-all kind of virtual assistant is not a good fit for their business. In this scenario, if you can make a company where you can solve this issue, it’ll work great.
For this purpose, you’ll have to find virtual assistants who are experts in different niches such as technology, law, finance to name a few. After this, you can build a low-cost website through which you can run your business. Since you can set up such a firm online, it will not cost you more than $1000.
5. Cleaning Business
If you’re not a tech-savvy person and want to start a business that costs under $1000, you can start a home or office cleaning business. For this purpose, you’ll need quite a few pieces of equipment and a handful of staff members. To market your business, you don’t need an online presence. Door-to-door marketing through business cards, pamphlets, or flyers is enough to run this sort of business.
6. Mobile Car Repair Service
Again, a good business idea for those who are not tech-savvy. If you’re a good car mechanic and live in a big city, this business idea can work wonders for you. Most of the people don’t have time to take their cars to workshops when they need to get them repaired. Your mobile service can be a big relief for them since it’ll save their time.
7. Pet Care Business
If you’re a pet lover, you can start this business with quite a low investment. Again, just like cleaning businesses, you can market your business via pamphlets, flyers, or business cards. You’ll not need extensive training before taking care of a pet. Once your business gets more clients, you can hire workers, especially students or other youngsters, on a freelance or permanent basis as per the need.
To conclude, I can say that if you are a person with a to-do attitude, and a knack for doing business, you can start running a business immediately. All of the aforementioned businesses are high in demand, you may get your first client soon! Liked any idea and need a bit more information about it? Tell us in the comment section.
Mamnoon ul Hussnain
I would like to introduce myself as an enthusiastic person who has a deep interest in technology and leadership. I wake up everyday with the motto, “I have to learn something new”