December 12, 2019 Last updated January 11th, 2020 1,099 Reads share

#6 Small Business Ideas That You Can Implement in Shoestring Budget

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Today many people are leaving their nine-to-five grind for something that feeds their passion. Why shouldn’t they? Passion changes everything, and we owe it to ourselves to accomplish what our hearts desire. If you’re one of those who want to be their own boss, you are in the right place. 

In today’s post, I’m going to share six small business ideas that don’t need a huge budget to implement them. Some of these ideas only require your passion, a PC, and an Interánet connection to get started. 

Without further ado, let’s dive in:

1- Venture Into Writing 

If you have a flair for words and English grammar, venturing into writing can be a profitable business endeavor for you. 

As writing can be done from anywhere, you won’t have to rent an office to start your business. You just need love for written words, an Internet connection, and a computer to start your writing firm. 

In the market, there is a demand for many kinds of writing. Therefore, you can choose what you like most. Articles, web content, blog posts, Ebooks, multimedia content, sales brochures, marketing materials, video scripts are some popular forms of writing, which are in high demand.

Upwork, Guru, and LinkedIn are popular places to find writing gigs. Once you have built your portfolio, it will become easier to get new clients. 

Also, you should keep collecting positive reviews and ratings from your existing clients. Social proofs are a great help to secure high-paying clients.

2- Start Social Media Marketing Firm

Do you spend a great deal of your daily time on social media? Do you love initiating meaningful conversations on social media? 

If yes, then you can start your social media marketing firm. 

As a social media manager, you will have to:

  • Make social media marketing strategies based on your clients’ goals
  • Set up social media accounts and grow an audience 
  • Posting content on behalf of your clients
  • Offering customer support on behalf of your clients 
  • Generating leads  

To start your social media marketing agency, you don’t have to invest a huge capital initially. You just have to purchase a computer, an Internet connection, and a few social media management software applications to get going.

Investing in a few good social media marketing courses can help you sharpen your social media marketing skills to boost success.

3- Begin Woodworking Business 

If your friends and family members often praise your woodworking skills, then you have the potential to turn your hobby into a full-time business.

To start your woodworking business, you will have to make a small investment in buying the required tools and renting a workshop. If you have some open space in the backyard of your house, you can build your temporary workshop there to get started. 

Here are common steps to starting your woodworking business:

  • Decide what you want to make (jewelry, furniture, home decor items, or something else)
  • Research wholesale sources to get quality wood and tools cheaply 
  • Make a business plan
  • Build a workshop 
  • Promote your woodworking business

A successful woodworking business will not only give you a decent earning but also provide you with a deep satisfaction. And the best thing is you don’t need the fortune to start this business. 

4- Start a Lawn Care Business 

Starting a home-based lawn care business will not only help you become the master of your own destiny but also help you get a good cardiovascular workout. And the startup cost is so low that many lawn care business owners can manage it using their personal credit cards or small personal loans. 

However, you need to learn taking care of a lawn in all seasons. As you can get lawn care service calls from areas having a different climate than yours. 

Following are steps to starting your lawn care business:

  • Check licensing and insurance requirements in your state
  • Make an office in your home
  • Buy the required tools and equipment 
  • Promote your lawn care business

Referrals are proven to grow a lawn care business. So you should start incentivizing your customers to spread the word about your business.

5- Become a Personal Fitness Trainer 

These days, more and more people are becoming health conscious. If you’re in perfect shape and love suggesting fitness tips to your friends and family members, then you can become a personal fitness trainer. 

You just need to create your website and build a strong social media presence to start your business. 

However, you may need to complete some courses to become a personal trainer, depending on the legal requirements in your state.

Commercial gyms, personal training studios, local community centers, and wellness centers are some popular places to get gigs.

6- Become a Property Manager

Many people buy properties for investment purposes. And many a time, it is not possible for them to manage those properties. What they do is to appoint professionals to look after properties and work as liaisons to renters. 

If you are good at getting home damages fixed, you can start working as a property manager. To start out, you just have to create a strong online presence. Initially, you can start working from your home office. As your business grows, you can rent an office eventually. 

As real estate agencies are aware of who bought what, you should develop relationships with them to get leads.

Also, you can advertise your business in local newspapers/magazines to generate leads. 

Final thoughts,

If you have a fire in the belly to establish something of your own, there is no time better than now to get started. The world-wide-web has opened many avenues to learn and earn. 

However, you should understand that starting a new business and make it a success is never easy. Like any other successful businessman, you will have a bumpy ride ahead. Make a kickass business plan and put your heart into it, and there is no reason why you wouldn’t be successful. 

What about you? Do you want to share any other small business ideas? Please leave it in the comment. I’d love to know about it. 

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Sandeep Babu

Sandeep Babu

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