If you have a talent that doesn’t require a bunch of costly equipment, there are plenty of businesses you can start for less than $2,000. Some of these things require only your mind, so you have very little to spend. Starting a business debt-free can allow you to succeed far quicker. It helps with the mindset too that you’re not swimming in debt to follow your dreams. Here are some of the businesses you can start for next to nothing.
1. Personal Shopping Service
Personal shopping services only require you to have knowledge about how to shop. Many of us don’t know how to shop savvy. It might be for clothes, birthdays, and other big events. If you always get the perfect gifts for people, this might be for you. You can even get clients through word of mouth, which means you won’t pay much for advertising.
Investment: Under $2,000
Rate: $25+ per hour or more.
2. Valet Parking Service
If you love to drive and have the ability to get third-party liability insurance, this could be a fun business to own. You’ll want to also love socializing. It doesn’t take a lot of money to start this business. It can start slowly as a part time gig and lead to more. The rate of pay can be pretty good too. Your clients pay between $50-$70 per hour for your services. They usually leave tips too. You can be business savvy too by marketing your services to parties, events, conventions, and weddings.
Rate: $20+ or more an hour.
3. Personal Chef
Love to cook? Why not make it your job? You can create incredible meals for people having a house party or a birthday. You bring all your own things and use someone else’s kitchen. If you’re already cooking up a storm, chances are you have all you need. The start up would be relatively small and this is a highly sought-after service.
Rate: $25+ or more an hour.
4. Artisan Food Creation
Small batch foods are a great way to make money. People are becoming more conscious about the food they eat. If you offer a local service at a coffee shop, restaurant, or farmer’s market, chances are you’ll sell out every time. Got a few special recipes people love? Branch out, make more, and sell it. Keep in mind there are laws about where food is prepared. You may have to rent a commercial kitchen and comply with food safety rules.
Rate will vary.
5. Arts and Crafts Instructor
If you’ve mastered an art or craft, why not teach others to learn what you know? If you have a passion for a craft, you’ve likely been accumulating a lot of inventory. You can teach at your home, a space you rent, or through crafting retail stores. A fun way to instruct is to do it at a bar or brewery where people can have wine and learn a new skill.
Knitting, painting, printmaking, and many other arts and crafts have gained popularity in recent years. People are more than willing to shell out their hard-earned money to learn. If you have mastered an art or craft, why not train others and earn substantial profits for your efforts? Day, evening, or weekend classes can be taught from a homebased studio, rented commercial space, or in partnership with a crafts retailer, community center, or school.
Rate: $35 to $50 per hour.
6. Pet Sitting
Pet sitting is in high demand. If you’re good with animals and know how to care for them, you can make decent money. Many people don’t want to take their animals to a kennel, so they’ll usually have you stay at their home. There really is no start up costs for you. Keep it simple with just yourself for awhile and as things get busy, you can start hiring other people. It’s easy to market too. You can leave information with veterinarians, dog trainers, pet food stores, and groomers.
Rate varies, depending on how long or short term your pet sitting jobs are. You name your own terms.
7. Business Plan Services
Many business owners don’t have a legit business plan. There are nearly 30 million small businesses in the U.S., and having a good plan is essential. If you are able to create business plans, you’ll have plenty of clients willing to use your service. If you have the experience of business planning under your belt and can do the research, you’ll do well. You can market your services by posting on LinkedIn or going to business networking meetings.
Rate is $50 or more per hour.
8. Online Researcher
Researching online is easy if you do it a lot. You get to know Google well enough that you can ask things in a way that gets the results you want. Many people don’t have the time to research material. It’s a valuable asset if you can offer someone elusive information they need. There are all sorts of reasons that people need specific information, so you have a wide potential of clients. There’s no start up costs involved.
Rate is $25 or more per hour.
If you’re a good writer and can take instruction well, copywriting is an excellent way to make money online. You can start your own service for nothing. By using online platforms that connect you to clients, it’s easy to start. You have the opportunity to do advertising, content for websites, press releases, magazine articles, blogs, and so much more. There is no end to creating content for businesses.
Rate is $50 or more per hour.
10. Online Marketing and Social Media Consultant
For those who are savvy with social media and marketing online, pretty much every business wants your services. If you know how to optimize someone’s profile on any kind of social media, you can make money. Make sure your online presence is already optimized, leading by example. You can help local businesses as good practice and to build your portfolio. Then branch out with your proven experience. It’s worth the time you put into it. This service is extremely high in demand.
Rate $50 or more per hour.
11. SEO and Digital Advertising Consultant
Every business needs a website with the right content on it. If you know how to figure out what words are relevant for any given business and write content, you help your client rank higher on Google. This makes or breaks businesses, making this service highly sought after. You should know how to advertise on Google, Facebook, and more. If you’ve done digital marketing in the past, that’s all you really need to get this business going.
Rate $25 or more an hour.
These businesses don’t require much more than what you already have. The knowledge you’ve gained while working for someone else can help you create your very own business. While it may take time to develop these businesses, it doesn’t take a lot of cash flow. So, what’s your knowledge base and how do you feel about working in your pajamas?