Nearly everyone out there with a creative and passionate streak has a hobby that they wish that they could earn money from. Millions of people have a dream of starting a business, earning money for themselves and generally making a name for themselves that everyone will have heard of. The problem for most, is that once they realise that they have an idea they could profit from, they realise that they don’t have any money to start with!
Still, you don’t necessarily need to have a boatload of cash at your disposal to get your business idea off the ground. There are loans, crowdfunding options and government grants that you could look into to start your business, so if you have less than ideal credit, you may not need to look for unsecured credit cards for bad credit to prop up your new business. On top of this, there are some businesses that you can start up without having a huge cash pot. You have to explore what it takes to put your idea out of your head and into the world, and we’ve got some great ideas for businesses that you could start without a heavy burden financially.
Handmade Goods. Think about Etsy. If you haven’t been on the website itself, there’s no doubt you’ve heard of it anyway. Arts and crafts are often the easiest business types to start with, and all you need is your social media accounts and some good materials. Etsy and Facebook are great platforms to advertise and sell your wares without much money up front at all!
Home Services. Dog-walking, babysitting, cleaning and even snow-ploughing are all examples of home services that work very well as tangible business ideas. You have no upfront costs at all, as you can advertise yourself on social media sites. You could pay out for your certifications to say that you do not have a criminal record, but this is more of a bonus than anything else.
Skilled Services. If you are currently an employed plumber or electrician, consider striking out on your own and going freelance. You could offer your services either alongside your full-time job or as a full-time job in itself. You don’t have to invest in anything up front, especially if you have all your own tools and equipment.
Consulting. Are you skilled in a particular niche area like marketing or IT? You could start your own consultancy firm, using your professional skills to advise and direct others in their ventures. Your only cost is your time, and that is something you can spare, and you can turn into something very lucrative.
Each of these ideas can work amazingly well if you are willing to put the time in and can spare the expertise. You don’t have to waste your time wondering whether you can afford to start a business of your own, when you now have no excuses to hold you back! You can be the master of your own future if you give yourself a chance!