When thinking about starting a new business this year, what would that be? Is it good for a beginner? Whether you are planning a part-time or full-time entrepreneurship, some ideas suitable for those looking for practicality, flexibility, and potential for success. Whether you plan to start a pet service, clothing line, or wellness brand, start the business with the lowest investment, and get more info to unlock financial tips.
Easy to start a business
Using existing skills and some readymade tools to use online, it can be easier than you think to launch a small business. There are small business ideas at the lowest investment you can start today.
T-shirt designer
Apps and websites offering print-on-demand services are ideal for small businesses. You can see customized products, such as t-shirts without worrying about:
- manufacturing
- shipping
- pre-paying for inventory
Print on demand is choosing products from a catalog and customizing them with our designs. A print-on-demand business produces and ships your T-shirts when an order comes in. It allows you to develop and sell original shirts and other items with unique visuals and branding. You can have canvases for your creativity, like:
- t-shirts
- hats, hoodies
- tote bags
Make shirts with humorous slogans for developers or print cute graphics for cat owners. If there is pride and passion in a community, a potential print-on-demand t-shirt business is ideal to start. If you are not a designer, you may hire one from freelancer sites. You can use t-shirt mockup templates, so you would not need to spend money on a photoshoot to model your designs.
Digital freelancer
A freelance service business is a simple form of self-employment. When offering a service, time will be your inventory and the biggest investment. It makes it easy to get up and run if you have in-demand skills and a few spare hours every week. The following professionals can build a business through their skills, such as:
- Writers
- Graphic designers
- Virtual assistants
- SEO practitioners
- Developers
Also, you can offer your expertise as an ongoing service. After you find the first customers, you may try apps for easy appointment and booking management. You may also offer services through a freelance market, such as Upwork to level up the chances of being discovered by the people in need of your skills.
Affiliate marketer
Affiliate marketing is a performance-based marketing strategy where businesses pay people to promote products for them. Each time an affiliate brings a new customer, they can receive a commission from the business. Affiliates promote products on different platforms, such as:
- blogs
- social media accounts
- websites
- communities
Affiliate marketing is a low-cost strategy to earn a passive income. If you are interested to join in the affiliate program, you can do the following:
- Find an affiliate program
- Pick offers you want to advertise
- Acquire an affiliate link
- Advertise that link in your assets
- Get a commission each time a person signs up or makes a purchase using your link (referral link)
Commission rates may change based on the company and retail price of the products.
