Top 5 Low Investment Businesses You Can Start NOW

You may have been interested in this topic for a while. You’re maybe wondering if you can get a share of that e-commerce pie that everybody seems to be getting in on these days. You also may have noticed a lot of these pop-up businesses have a low initial investment with potential for high profits.

If you’re interested in learning more, we’ve got you covered with our list of the top 5 low investment businesses you can start now (as in today).

Of course, you can jump into any of these businesses full time and drop a lot of money all at once, but that’s not what we’re recommending here.

The great part about these businesses is that you can start small and scale up as you grow.

Dropshipping Business

There are many ways to try your hand at e-commerce before making a huge investment. That’s why Dropshipping is so popular. It requires some work to set up but is basically straightforward in execution. You market and sell products and then ship them from through a third-party without requiring stock or inventory of that product.

Consulting Services

Having a consulting service can mean many things. Are you especially good at something to a point where people might pay for your advice? Think of it in terms of games. Is there a game that you play exceptionally well? Here are some examples:

• Personal finance
• Programming
• Fitness
• Entrepreneurship
• Digital security
• Test prep

The variety of such “games” is potentially endless. If you can offer your expertise as a service and provide a serious value, you could begin a consultation-based business today. This could take the form of a mentorship, partnership, or even public speaking. If you know how to market yourself, this might be your ticket.

Selling E-Books

If you’re hesitant about selling your abilities as a consulting service, you could distill your knowledge and write a book. Why not? People still read (a lot). E-books and printed books still sell millions of copies. You don’t even need to get involved in the traditional publishing marketplace (though there’s certainly a place for that).

You could write a book right on your computer and sell it through Amazon (in print and digital formats). And the best part is, the self-publishing enterprise is mostly free. A percentage of your earnings will go to Amazon, but otherwise there’s very low investment on your part.

Create and Sell Digital Courses

What’s between a consulting service and a full e-book? There’s a nice balance to be found in writing and selling a digital course. Services like Teachable let you start with a free account and upgrade to a paid plan if you require it. You don’t have an excuse if you’ve got a great idea for a course. Get yourself in gear and start a course today. The world is waiting to learn what you have to teach.

Forming a Digital Agency

Being your own boss in a digital agency means all you need is a computer and a will to get things done. Start small. By “Digital Agency” we mean anything from building websites for small businesses to providing marketing and social media services. Do you know how to leverage social media as a tool to promote a business? If so, then you have a valuable skill you can get paid for.

We know agencies that range from managing one client to over a hundred. So it’s possible to start small and scale up as needed. But you may ask, Isn’t it difficult building and managing that many sites? With our suite of WordPress plugins and our new theme, Crio, coupled with Cloud WordPress, it’s actually never been easier. You could build  a great-looking site in a matter of hours (not days, hours).