By Marxwell July 11, 2023 small startups 0 Comments

Top 5 businesses to start with little money.

This is about businesses to start with little money. When one talks about business, what comes to your mind ? Probably, its money. You need money to get going in business. Then, how about if you don’t have money or have little ? Isn’t business for you? That’s what we are going to answer in this article. Starting business isn’t all about money. There are some businesses you can start with little or no money. Below we are going to discuss the top five businesses to start with little money.

Businesses to start with little money.

Below is a list of top 5 businesses you can start with little money.

Brokerage/ middle man.

Bring two people together i.e. the seller and the buyer, then earn a commission for it. You can do this for your area of expertise or anything as long as there shall be a commission earned. Products of interest range from automotive like cars, motorcycles, land , houses for both rent and for sale and more of the sort. This is real as you can earn up to six figures in the business with close to zero capital investment.

Sales Agent.

This sounds like a broker but not exactly. This has gained popularity of recent given the growth in the production sector and the outburst of wholesalers. Now days, you can crack a deal with a wholesaler gives you their products to sell and thereafter, rewards you at the end of the day based on your sales or something as per the agreement.

The advantage with this is most times, when the seller trusts you, they can give you goods at no cost. The offset in price between the sellers price and the price you actually sale the product goes to your pocket. This is an addition to the reward the seller shall give for sale of his products. Hence killing two birds with one stone.

Some of the products being dealt in in this sector include shoes, plastics and more of the sort.

Water retailing.

Water, One of the goods that can be free and at the same time super expensive when scarce. For this business, do as below.

First thing to do is research to determine areas where water is actually scarce. These are the areas of interest. The problem you are going to solve is bring water closer to people at a cost.
In these areas, get a cheap or free source of water. It can be a spring or a cheaper source like public water pipelines. This is your source where you’ll be getting the water.
Get a means of transportation. This involves both the containers to carry water preferably jerrycans and maybe a wheelbarrow, bicycle or motorcycle to transport water easily. Manual transportation can also be an alternative though its a little tiresome.
Go on, get the clients and serve them with water at a cost. The cheaper the better.

Cleaning / laundry service.

Laundry business is a good one to start at a cheap. You nearly need nothing to start off especially if you are determined. Look out for customers and let them provide all the requirements for washing. Do the job and walk away with the pay. Its that simple.

Land scaping and compound maintenance.

This is another business to start off at a cheap. You may need a mower to make a difference. That can go for around 400k to 600k Ugandan shillings. You may need other simple tools for live fences, hoes for land scaping and simply get off with good work done. Try it and make an difference.

Digital marketer and social media management.

This sounds impossible yet its another on the list of businesses to start with little money. I’ve managed some social media accounts and also marketed some products on different social media platforms. This simply requires a smart phone with an internet connection. That’s what you perhaps have already but you are wasting the resource. A hint on how to get along with this, get to people you think need your service and pitch to them what you can do, and how important it is to them.

Conclusion.

Hands up. It’s super hard to find a business that you’ll start off without money. But we can round up little to close to no money. That’s the list and most of those there are service oriented where you need to just use your body or be a little creative. You may need some tools and equipment to run most of those, that’s where the element of “little” money comes into play. Nevertheless, find something you can do to keep yourself going as far as money is concerned. That’s it for businesses to start with little money.

Anything you think one can do that doesn’t call for serious capital investment, and is of very low risk to the small monetary input and ones health, is welcome in the comment box below. Feel free. Sharing is caring.