Do you need some creative business ideas with low investment and high profit? If so, you are at the right place.
There are many different choices here, depending on what kind of business you want to start and develop. There are, for example, we can say “specialized” business ideas without investment targeting certain parts of the population, such as 10 Legitimate Online Jobs for Stay at Home Moms without Investment, for example. If you are good at making, repairing, maintaining things, then you would be interested in low investment manufacturing business perhaps. Then, if you feel comfortable working from your home and need low and small business ideas from home, why not try some of the 11 Most Profitable Home Businesses with Low Startup Costs? And finally, now, some general summary of very profitable business ideas can be found at 11 Most Profitable Businesses with Low Startup Costs.
Ok, preferences are one thing, but what do you really know to do and what are you good at? Talents and knowledge and experience all are the most important for this matter since there is a vast choice of all different businesses you can start as we have seen. That opens up a vast field of business ideas. But what makes a business profitable in a short time and low start-up investment also depends on location and general current trends, which means market and demand research should be done prior to starting your business.
Where to start looking for business ideas with low investment and high profit? We couldn’t cover all fields of interest, that is obvious. But, we have sought for the general ideas on places such as Commercial Capital, Nerd Wallet, The Balance, Smallbiztrends. As you can see, there are numerous sources for finding low investment ad high-profit ideas. But we also went on to something more specialized or specified, so for the online jobs we have looked at Makeawesitehub, or I Will Teach You to Be Rich, for example. For business ideas for small town why not, we have found some ideas at Shopkeep. Of course, we didn’t forget to seek for people’s opinions and experiences, and we have gone through forums such as Quora and Reddit. That is all nice, bunch of ideas popping up from everywhere, but how to pick a decent handful? While going through all the resources, we have picked the businesses that were mostly recommended as the most successful small business ideas or the best businesses to start with little money choice. Then we have gone through business descriptions of each of those ideas to see what are the startup costs and profitability over time.
In the end, well, these are only some ideas you can base your thoughts on, and you might notice that they are slightly more oriented towards online businesses. But as we have said, we tried to make a decent compilation of business ideas with low investment and high profit following the two main criteria – startup costs and profit. So, we hope you will enjoy our small business ideas list, and let’s now see which these ideas are:
16. Car wash
A car wash is one of those usual business ideas with low investment and high profit, simply because everybody needs a car wash from time to time. So, researching the area around you, you will get the insight if such a service is needed around. If so, it’s time to start making a car wash business plan.
15. Craft brewery
Starting a craft brewery is definitely one of the best business to start with little money. Moreover, it is a great business idea for beer experts and lovers. Starting a small brewery with your friends would cost a little, and then you can start experimenting with tastes and beer varieties. When you make a perfect combination, you can start producing small amounts of your beer and offer it to bars and see how people like it. If it shows out as a good thing, your next step should be an investment in a bigger facility in order to put yourself higher on market.
14. Pet grooming
Pet owners and especially those who own “higher class” dog and cat races tend to invest a lot into their pet’s looks. Therefore it is a great business idea with low investment and high profit to start a pet grooming salon. But, you will surely need to check out if there is a demand for such a salon in your area since it could otherwise turn into an expense rather than profit.
13. Tour guide
With the appropriate knowledge, you can start working as an ordinary tour guide in some of the local tour agencies. But you can also start your own tour agency, offering some new and fresh information of yet undiscovered places and some unusual activities that are offered in tour agencies in general.
12. Food trucks
Food trucks have become a very popular thing lately. Being basically a restaurant on wheels means that you can go to your customers rather than waiting for them to find you. Yet starting this business requires a quite planning, and the most important thing is finding the location for doing it, because not all public would be interested in food trucks like Los Angeles or New York.
11. Repairs and maintenance business
Under repairs and maintenance business here we are encompassing all those businesses involving manual work concerning any home repairs and maintenance such as plumbing, wall painting, washing machine repairs, roof repairs, just to name some. Repair and maintenance business can be started with a startup cost as low as (and less than) $2,000.
10. Daycare business
This is a business you will not need any special experience with, but a lot of dedication and time. The annual income of daycare owners varies between $29,000 and $40,000 (as the data from 2013 shows).
9. Online product selling
Purchasing goods (and making any transactions in general) is occurring on the internet more and more. That means that the online product selling can prove as one of the business ideas with low investment and high profit. But there are a lot of things that should be reconsidered first, and you can see some guidelines on how to start an online product selling business here.
8. Rental service
There are plenty of rental business ideas with low investment and high profit. Starting from arcade games, artificial plants, to car and apartment rentals. So, according to the market demands and your own possibilities, the rental business can be a profitable investment.
7. Booking business
For developing a booking business, you will first need to decide what you want to do a booking for – hotels, plane tickets, concerts. Then you will need to purchase some kind of license to ensure your customers you are not spam (and to be able to start the business as well) and register the business. Afterwards, you will need to have contracts with the hotel owners, companies or whatever you are doing the booking for. And finally, advertise your small booking business in order to get more customers.
6. Retail business
Summarized in one word, there are plenty of opportunities if you want to start a retail business being one of the business ideas with low investment and high profit. Some of the small profitable retail business ideas might be eCommerce, grocery stores, specialty stores… Whatever is in your local market demand.
Promotion of healthy lifestyle brings more people to exercise. That means higher demand for exercising facilities. So, it would take some sum of startup investment, for the space rental and purchase of all the necessary devices, but it will pay off quickly.
For starting a consulting business, you first need to research the demands, meaning what people need help with or what services are needed in certain business or industry. Then start serious research on these issues adding to it your previous experience and knowledge. Then set up your prices and advertise your services on places such as LinkedIn for example.
B2B, or business to business is one of the business ideas with low investment and high profit to try out. The core of the business is the exchange of information, services, and products between businesses. There are several categories of B2B sites that can be taken into consideration: company websites, product supply, brokering sites or infomediaries for example.
2. Website Flipping
Website flipping is a great idea for people who want to make a quick profit. How does flipping work? Well, simple. You buy a website, improve it in a certain way and then sell it for a bigger price. This is one of the relatively new business ideas with low investment. It does take some time to get into the flipping, to gain experience which websites would pay off to buy, then how you will improve them in order for them to gain higher value. And in the end, find the place for your new website on the market.
Is blogging really a good business idea with low investment and high profit? Well, for the “low investment business from home part” it surely is. But does it pay off? According to professional bloggers, yes it is. But as any serious business, it requires a lot of time and dedication, research and work, work, work.
This wraps it up for our list of business ideas with low investment and high profit.