Business Ideas That Won’t Break the Bank

Business Ideas That Won’t Break the Bank
January 26, 2019

The dream of building a business is very real for many people, but the thoughts of where to start and how to find money to invest in a business can be overwhelming for people who are trying to escape their nine-to-five job. There are many barriers to starting a business, but finding the funds to start your business shouldn’t be one of them. In fact, there are many businesses that you can start without breaking the bank. We’ve put together a strategy for developing and launching business ideas that aren’t going to cause you to turn and run in the other direction.

 

Support Bigger Industries

 

One of the best ways to start a business without breaking the bank is to provide support services to bigger businesses. You can often utilize their infrastructure, systems, and sometimes even software. Rather than start from scratch, consider hooking up with another organization that needs the help and skill that you can provide. For example, it is very expensive to start a business in a growing industry, such as the cannabis industry. This industry is providing millions of dollars to the economy and is growing faster than most people can manage. Rather than invest millions into your own legal cannabis operation, consider how you might provide support and services, such as an online headshop for cannabis related products, delivery services, or marketing services.

 

Consulting is Needed Across the Board

 

With just a computer and a business card, you can start a consulting business. Of course, it’s not that easy: you need some expertise and a network of people you can call upon to help you spread the word. But as far as financing a business, consulting is as easy as it gets. Freelancing is also in this realm: internet-supported businesses provide easy start-up options for your business ideas. Whether you want to help marketing firms by writing content, or you are going to provide strategy consulting to Fortune 500 companies, the barriers to entry for consulting and freelancing are low.

 

Remote Travel Agent

 

One of the great things about starting a business on your own is that you don’t have to be tied to your desk. You can work from anywhere and attach your new business to an existing operation to make the most of your efforts. If you are willing to invest a little money in getting trained or certified as a travel agent, bookkeeper, or another professional service, you can start up a business quickly and easily if you are willing to stretch your network.

 

Affiliate Marketing

 

If you know a thing or two about computers and how marketing works, you can make money by providing affiliate marketing services, or by offering affiliate marketing opportunities to other business owners. It can be slow to start, but because of the little money it takes to get going, you can turn this into a lucrative business from your kitchen table.

 

What’s the Lesson Here?

 

It’s important to remember that getting a business started is not the difficult part. Keeping the business going is the part that is going to require your ongoing attention. But if you have a low barrier to entry and are excited by what you are doing, it will be easy to continue to commit to your business venture. Remember that starting small is okay and that when you provide a service or product that people want and need, you will go as far as you want.

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