Life seems to be getting more expensive by the day. With rent, bills, car payments, and student loans all piling up on us like a game of Jenga. It seems like there is no possible way to save up enough money to start a business.

However, it’s important to remember that, there are plenty of small business ideas that need very little money to get started, and all it takes is a little bit of creativity and determination.

While it may seem impossible to save up the money for a personal business venture, we can always look for cheaper ways to start up.

Starting a small business with a low budget can be quite a challenge. It is not always easy to find a business that will work with your limited funds, but as long as you are a creative thinker you will find ways to make it work just fine.

This article will go over the 7 best small business ideas to start with a low budget.

7 Low Budget Business Ideas

1. Do Tutoring

You probably have enough knowledge about something to teach for money. You can share your knowledge and skills with people in an organized manner.

This could be any topic from giving classes on knitting to building websites. One of the most interesting things about tutoring is that you don’t need a degree to tutor, as you are teaching skills and knowledge which you already have.

You just need to be good at explaining. Tutoring can be done online, at home, or in person.

Online tutoring requires basic computer skills, the ability to speak English (or the language of your students), and an understanding of how to use some of the most popular social media and communication software.

You can also do this on a part-time basis if your schedule is too busy for full-time tutoring work. So with that said tutoring would be one of the rewarding and satisfying small business ideas to start with.

2. Housekeeping Work

If you have experience in housekeeping, it would be a good idea to offer your services to people who do not have enough time for their housework.

Also, there are plenty of everyday jobs that need housekeeping services. One of the most common is laundry service and house cleaning which can be done by hiring a housekeeper.

Even if it can be done with little skill but it is time-consuming, so people would hire housekeepers once in a while to deep clean their houses.

You can also provide cleaning services for businesses and homes, providing housekeeping services as well as making sure their house looks alright.

3. Pet Sitting & Dog Walking

If you love pets, you can start taking care of other people’s pets and make some money doing it.

Some older people can’t always properly care for their pets and you can make a business out of taking the pets to your own house on a part-time basis.

There is a huge demand for dog walking in most cities, so you can make a business out of it and charge more for dog walking services and less for pet sitting.

You can start as a one-person business, but you will be able to do more for your clients if you get a few people that are interested in pet sitting and dog walking services.

This can be a very demanding job, so you need to know when you’re ready. If you are experienced with training dogs, you can also provide dog walking services, as well as training them.

4. Start Home Made Food Service

This is one of the easiest and quickest ways to get started with a small business. You can start a business by selling homemade food, such as cookies, dishes, or pastries.

Food is the most demanded item in the world, so people will always buy it, especially if they are homemade. People love homemade food, as it is usually healthier than store-bought food and easier to prepare.

Home Made Food Service business is a great way to make money at home while also taking care of your family. The best part is that you can also be working on other projects while also making money with your food service.

You can simply sell your homemade cookies and other pastries in front of stores or send people home with boxes full of delicious treats after they have done their shopping.

The start-up cost for this business is extremely low, and you do not need to have any experience selling food or cooking.

However, you will need to invest in the ingredients and supplies such as containers and decorations that make your cookies look great.

5. Food Delivery Service

If your city offers food delivery services, you can become a part of that network as a delivery person. Start-up costs for this business idea are very low, and it can be done with only one person.

Running this type of business is more like a part-time job, and you can do it while you do your daily chores. You can start by delivering food to your friends and family, then the people you know will start requesting other available services.

The reward for this business is money. You will not have to worry about handling large amounts of cash as most people prefer paying with their credit cards or online services that offer discount coupons.

Additionally, you won’t have to worry about putting up a storefront or hiring a manager or employee because it can all be done by you.

You will probably want to invest in tools like boxes and bags before starting this type of business.

6. Handyman Work

If you have the time, you can start a handyman business. People will always use a handyman to help with certain projects around their homes or office. As long as you can fix things, you will be able to find work in your community.

You won’t need to be an expert at anything, as long as you can read plans and instructions and do basic tasks such as roofing, plumbing, or electrical work for people homeowners, or even some businesses.

The reward for this type of business is a career and the satisfaction from doing a job that you love. There are plenty of interested people looking for handymen and women in every city, so it will not be difficult for you to find work.

7. Lawn Care Business

If you’re good with gardening, you can start a lawn care business. Lawns have to be cut and maintained so that they look healthy and beautiful.

Too much growth of weeds or too little water or nutrients can cause a lawn to become unhealthy and wither.

As a lawn care service, you’ll need to learn about the health of yards, plants, and other landscaping features. To get started, you need to purchase or rent a lawn care machine that is suited for the size of your lawn.

You will also need the proper tools for cutting grass and the accessories needed for mowing such as extra gas canisters, chains, belts, and blades.

How to Advertise Your Business

The key to getting customers is to advertise your business. People need to know that you exist and have the skills they are looking for, such as fixing a leak or making food.

There are different ways to advertise your small business without spending a lot of money. They include:

– Word of mouth:

Tell your friends and family about the business and how much you like it. They might also be interested and eventually will tell other people.

– Social Media:

Social media is one of the easiest ways to advertise your business, but it will be useless unless you use it regularly. Many people are on Facebook, Twitter, and other social media websites.

Using those websites, you can create a page for your business and advertise it. You can also create a page that shows your skills and the services you offer to people who visit your page online.

– Business cards:

You can hand out business cards to people with your contact information on them. It gives them a way to remember your business, and if they see your name somewhere else, it will remind them to contact you.

– Local newspapers and magazines:

You have to pay for advertisements, but placing an advertisement in a local newspaper or magazine is one of the best ways to reach a lot of people quickly.

People will see the advertisement and be able to call you or visit your website and place an order.

You can put up signs that are used for business advertising in different places. You can get them at a local hardware store or you can make them yourself.

Create your flyers using inexpensive computer programs, or you can hire someone that specializes in creating professional-looking advertisements for you.

This will allow more people to find out about your business and services, as flyers are usually posted around your neighborhood or city.

Conclusion

Starting a business is the dream of many people, however, lack of capital has been a major obstacle for many. The above-listed business ideas are very profitable and can be started with little investment.

You can choose one of the above-listed businesses and start making money. The amount of money you can earn depends on the type of business you decide to start and the skill sets that you bring to the table.

You don’t have to be an expert in any of these to get started. All you need is the start-up capital and the willingness to work hard.

You also need to promote your business effectively so that people know you exist and what you can offer them.