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Micky Gramlin
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Micky Gramlin   My Press Releases

A List Of Low Start Up Cost Businesses

Published on 5/16/2018
For additional information  Click Here

 

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Sometimes we know we want out own business, but not sure exactly what type of business we want. Or we may want it to to be immediately profitable enough to pay someone to manage the business right off. Another route to take, would be to become a silent partner. Perhaps, you could currently have a successful business but want another avenue to earn income.

Whatever your reason, be sure to research the idea thoroughly. If I were looking for a business to invest in, I would want to look back in the industry at least 5 years and then do a 5 year projection.

Sometimes, you only have a short window to make the biggest profits and then it levels off. Profits are still good, but not as much. If this is the case, then selling is something you want to do before that happens … or put it under consideration.

Now my reason for looking is not because I am looking for a business to buy, but to sell a service to and for some I had not thought of. A profitable business is usually wanting to experience year after year sustainable growth and will make the necessary investments to reach their goals. Or if just starting out, need inexpensive ways to market.

Here is a good list I came across on initial low cost investment businesses. Keep in mind, any business is a challenge to start, but either due to low cost, low overhead or just able to charge more is why they made the list.

Tax Preparation and Bookkeeping

“Without needing fancy premises or expensive equipment, tax preparation and bookkeeping services come with low overheads. Furthermore, the standard rate for quality tax preparers and bookkeepers is a decent salary to live on.”

Gardening

“Gardening is healthy and fulfilling work requiring an element of creativity. People love their gardens and so decent gardeners will always be in demand. Although gardeners require several tools for their trade, overhead is comparatively low, making gardening a profitable business.”

Real Estate Brokering

“The profits associated with real estate remain high and if you want to enter this industry one of the most cost-effective ways to do so is to set up a real estate brokering firm.

Real estate brokers act as an intermediary between sellers and buyers and all you need to get started is a brokerage license. That said, finding your own clients can be challenging, given the number of real estate brokers there are.”

Warehouse Storage

Warehouse storage for excess items has grown into big business. “Or got a spare garage or building that’s not being used? If so, you may want to think about offering warehouse storage services. Providing a place for businesses and individuals to store goods and items can provide a highly profitable and predominantly passive income.”

Marketing Services

“Businesses and organizations will always want a quality marketing team behind them to boost brand awareness and bring them results. Marketing agencies can charge a lot for their services and thanks to advancing remote technology and the internet, marketing efforts can be done remotely, keeping overhead low and profits high”

Personal Training

“Those who want to be fitter, slimmer and healthier, insure there will always be demand for personal trainers (PTs). Earning a qualification in personal training is not overly expensive and once you’re professionally qualified, you can offer your PT services. Overhead is inherently low in this industry, making personal training a profitable and sought-after business.”

Food Truck

“Providing quality food and drink will always be in high demand, though with expensive overhead, running a restaurant isn’t always as profitable as you might think. Serving food from a food truck on the other hand requires much lower overhead and can be an extremely profitable business venture.”

A Man with a Van

“With a van, you’ve got your business already mapped out! With virtually no expenses other than keeping your van roadworthy, helping people move and deliver items in your van can be an effective way to earn an income.”

Property Maintenance

“There will always be a demand for people who are willing to clean gutters, repair chimneys or pull out stubborn weeds. While the hourly rate for property maintenance might not be the highest, with low overhead and high demand, property maintenance can be a profitable business to enter “

Mobile Hairdresser Services

“Granted, you can never charge a fortune to cut someone’s hair but that doesn’t take away from the fact that quality hairdressers will always be in demand. Furthermore, other than a quality pair of scissors and some hair dye, if you run a mobile hair dressing salon, your business expenses are surprisingly low, making mobile hairdressing a profitable business to run.”

 

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Genusity.com

DigitalWorldConnection.com

 

Source

smallbiztrends.com

 

 

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