Starting a business is in the mind of every person. It’s like starting a family; it’s a rewarding experience and one that will continue to grow far after you’re gone. However, many businesses require a significant investment, and there’s a good chance that you don’t have the money you need right now. Thankfully, there are some cheap and straightforward businesses you can start today as a platform for the more significant business you have in mind. Here are some of them.
Content Creation/ Influencer
Content is essential for every industry, market, and small business nowadays. It’s a cheap way to grow and market any company, and the demand is always constant. This is why content creators and influencers are some of the best career choices this decade.
Becoming a content creator is relatively easy, but it does require some investment. You’ll need a decent PC for editing your videos and a high-quality camera for shooting. Once you get these things, you’re good to go.
You’re going to need a lot of inspiration to make your content, so read up as much as you can on recent and historical events. Those always bring a lot of attention. Moreover, you can also create a dynamic personality that can grab people’s attention. Through this path, you can become an influencer.
A content creator can earn a steady amount of income every year. However, an influencer has the potential to earn a lot more. You can earn around $5,000 monthly as a small-time influencer. But once you make it to the big leagues, you have the potential to earn $700,000 annually. It’s a lucrative business to start, and the best part is that you can start anytime you want.
All Sorts of Repair Services
Next in line is repair services. It might not be as crazy as becoming a content creator or an influencer. Still, you can get a steady income while also growing a business.
People purchase all sorts of material things that require repairs, such as cars, homes, and appliances. There’s a market for each thing, and each has its strengths and weaknesses. Starting a business in appliance repair can open you up to many customers. A car repair shop might have fewer customers, but the pay is bigger. Each market has its unique niche, and that requires expertise.
The only thing you’ll probably need to invest in this business is your expertise. Everything else comes secondary. Thankfully, you can take many online classes to become a certified technician or contractor. So you can get what you need during the pandemic.
If you enjoy gardening and have some expertise in it, why not get into landscaping? It’s one of the cheapest businesses to start with potential earnings of around $10,000 to $160,000 yearly.
Landscaping is one of the most common small businesses in the United States, and for a good reason: there’s a demand for it. Every home in the US requires a landscaper, and there aren’t enough. So it’s never a wrong idea to start landscaping this year. You can start by making it your side hustle, but once it starts booming, you can start making it your full-time job.
Landscaping has a flexible business model that can accommodate any entrepreneur regardless of their experience. So try this business out and see for yourself.
Expertise has become a necessity in this modern world. Because of the pandemic, people are trying to learn the expertise they need in their field online. Whether you’re taking a college degree, want to excel in music, or just trying to pass a subject, there’s a good chance that you’ve looked into online tutoring to help you out.
Online tutoring is a billion-dollar industry, and it will continue to grow once the pandemic is gone. The best part of this business is that a handful of people can run it. You can start your online tutoring business as early as now, and you can do it by yourself.
However, you’re going to need a couple of accreditations and expertise to get you going. Interestingly enough, these accreditations and expertise can also be found online. It’s a simple business that has the potential of earning a lot of money in the future.
Lastly, we have event planning. Event planners are pretty rare nowadays because of quarantine restrictions. Still, those that choose to stay are thriving because of the lack of competitors in the market. Sure, it takes a lot more expertise and knowledge to become an event planner when compared to before the pandemic, but the business is far more rewarding. It’s a cheap business to start and is in-demand, as long as you know what you’re doing.
These are some of the best and cheapest businesses you can start this year. Try them and see which one fits your current lifestyle.