Approximately 543,000 small businesses get started each month in the US and of those, home businesses account for 52%. It’s easy to see why when there are so many opportunities out there. With the economy still on the road to recovery, people are looking for achievable alternatives.
Of course, starting your own business isn’t always easy when you have little or no money to invest. How can you get a slice of the action if you’re a little strapped for cash and unable to fund a start-up? There is hope, with these 6 business ideas you can start for under $100.
1. Freelance Writing
If you think you have a knack for writing, then put it to good use by creating online articles. There are various websites out there that are free to join, so it’s worth having a look around for topics that suit your interests and knowledge.
You can write from the comfort of your own home; all you need is a computer with access to the internet, it’s that simple! Since that’s something you most likely already have, you don’t need to worry about investing any capital. Work when you like, where you like, and do something you love.
2. Direct Sales Representative
Are you good at talking and networking? Everyone’s heard of the success people have had selling Avon and Tupperware. Well, these companies are still going strong and among others are enlisting the help of local sales representatives to sell their products.
The registration cost varies with each company, but can cost as little as $50. As long as you are comfortable talking to people about the products and their benefits, then this flexible source of income could be perfect for you.
3. Home Day Care
Not everyone likes the idea of taking their children to a big day care center where they are grouped with several other kids. Some prefer a more personal touch, where their child will receive the care and attention they require.
Home day care centers fill that need and are perfect for stay at home moms who already have children of their own to look after. You need to check your state regulations for licensing requirements, which may be necessary depending on how many children you will be looking after at any one time.
In today’s globalized economy it is becoming ever more important to be able to communicate with people from all different countries. Many companies do business all over the world, so the need arises for translators.
Speaking another language is a very valuable skill to have these days and one which you can put to good use. Businesses and government offices are in need of translation services, so if you have the skills, why not use them to earn some good money?
5. Pet Groomer
There’s a lot of money to be made in the pet industry, with people happy to splash the cash to keep their pets pampered and happy. In fact, the American Pet Products Association has predicted an estimated $60.59 billion will be spent in the pet industry in 2015. This just comes to show just how much people are willing to spend on their furry little friends!
If you love animals, then this could be the ideal job for you. The major start-up costs for a complete enterprise include equipment, permits and insurance, and you may eventually need to go through a course to gain further skills, but within your circle of family and friends there are sure to be enough clients to get you started. Once you have that all in place, you are good to go.
6. Homemade Gourmet Foods
Are you one of those people who love making delicious homemade food gifts for others? Well, instead of just making products to give away as gifts, you should be putting this hobby to good use and make some money.
You already have the skills; all you need are the cooking supplies, packaging and a bit of basic marketing material to get your business going. You can sell at local farmers markets or even set up your own online shop, there are plenty of options out there for selling your own gourmet food products.
With hundreds of thousands of US small businesses starting each and every month, along with ample low-cost options, isn’t it time you started a small business for yourself? Now is the time for action!