Low-Cost Businesses You Can Start

Starting a business can be easy - and inexpensive - with the right venture

If you dream of being an entrepreneur, but lack the big startup bucks required by some new ventures, don't fret. With a little time and not a lot of money, you can still make your business dream a reality. A low-cost business, which requires a minimal investment for supplies and marketing, is perfect for whetting an entrepreneurial appetite if you're:

Already employed, but looking to dabble in your own side venture
Unemployed and looking to start your first business
A stay-at-home parent or student who's looking for extra income
A new "retiree" who isn't quite ready to completely retire

Find low-cost business ideas and opportunities online

Coming up with ideas for low-cost businesses is easy with simple web searches. With just a few clicks on your keyboard, you can find business opportunities that won't break the bank.

Personal services

You already need to run your own errands; why not run other people's, too? With a reliable vehicle and available credit you can easily do other people's shopping - for a fee, of course.

eBay sales

You can make a decent living buying antiques and collectibles at garage sales or flea markets, then selling them to hungry buyers online.

House- and pet-sitting

Give your neighbors peace of mind by taking care of their houses when they're out of town, and their pets while they're at work.

Professional organization

Everyone wants to be organized, but few people have the time. For a fee, you can save people from their own stuff.

Clerical work

Many businesses can't afford to hire a full-time secretary. That doesn't stop the paper from piling up on their desks, however. Make a business out of doing data entry, bookkeeping and transcription for your fellow business owners.

Tutoring

Were you a good student? If so, consider tutoring. You can help kids of any age in any subject, from young children who need help learning to read to teens who need help studying for the SAT.

A low-cost startup isn't likely to make you any money in its first few months. Stick with it, though, and it may just burgeon into a full-time opportunity.
Run your business from your home to save money on rent and utilities. Doing so will save on taxes, too, because a portion of your mortgage and bills will be tax-deductible come April.
If you're new to business, consider being a weekends-only entrepreneur until you learn the ropes of running your own company.