6. Auto Detailer
If you love cars and find cleaning them satisfying, you might have a very lucrative business on your hands. This is one business you can start for under $1,000 and begin making money almost immediately.
To become an auto detailer, you will want to invest in some mobile detailing equipment, which includes a good vacuum that’s easy to maneuver, a hose, microfiber cloths, buckets and the chemicals needed to wash the car. This can cost about $500.
Next, you will need to make sure you have the basic business licenses and permits necessary to operate. Make sure to check your local and state business offices to find out what is required. If you operate your auto detailing business without the necessary permits, you could be fined heavily. Incfile has a service that can help you search your business license requirements for only $99.
7. Consultant
Are you an expert in your field or industry? Your set of skills or knowledge might just be worth a lot of money to someone else. You can start a consulting business, offering your time, knowledge and skills to those who need the help for an hourly fee.
For instance, if you have sales experience and are savvy at seeing potential solutions, you could be a consultant for companies building out sales teams and processes. As with many of the low-cost business ideas already mentioned, key expenses to start your consulting business would be a laptop and phone.
Once you decide to start a consulting business, you’ll want to get your name out there. Try marketing through your contact list by putting out an email, updating your social media profiles and tailoring messages to potential customers to let them know you’re available and taking new clients. You might be surprised how valuable your insights and experience can be to the right customers!
8. Social Media Manager
Everyone wants a large presence online to build up their followers and help sell their product or service. But not everyone has the time to invest in managing their social platforms — that’s where social media managers come in.
If you wanted to simplify your business, you could always purchase social media scheduling tools to use with your clients that would allow you to automatically launch content on their behalf. Many of these tools, like Hootsuite, Sprout Social and Buffer, charge only a small fee to provide users with valuable scheduling tools that can help launch your social media management firm.
Of course, the first step toward becoming a social media manager will be to ensure your own business’s social media presence is A+. Invest some time in creating a killer social media brand and messaging that will double as your portfolio and marketing materials to earn you new clients right away.
9. Wedding Planner
Do you love a good wedding? Maybe you are one of those wedding guests who appreciates the small details and has lots of suggestions to bring an event from good to great. Why not take your party vibes to market and become a wedding planner?
This is an in-demand job that won’t cost much in terms of an upfront investment. (Or, you could invest in a wedding planning franchise to get started with some robust support.) You’ll want to start by building up contacts with local vendors, like florists, DJs, musicians, caterers and venues. Set up meetings with those you know in the field and get to know them while building out your contact list.
Once you get a lay of the local land in terms of wedding power players, you’ll have something valuable to offer your clients. Next, advertise your services through some of the big wedding planning websites like The Knot, get the local paper to publish a press release about your business and use the power of social media to get your name out there!
10. Personal Chef
If you love to create recipes, cook for loved ones or share food ideas with friends, then you might be the perfect personal chef! You can turn your passion for food into a serious business without attending Le Cordon Bleu!
Try signing up with an online platform like Hireachef.com or Table at Home to get matched with a family or an organization seeking a chef. You can also build a following by photographing your recipes or taking videos of your food prep and posting it to social media like Instagram and TikTok. Sharing recipes will build you a following.
11. Housecleaner
With more and more people working from home, there is an increased demand for residential cleaning services. To start a cleaning business, you will need a minimal investment that includes some basic cleaning equipment, such as a mop, vacuum, microfiber cloths and some cleaning products. Some home cleaners even charge their clients for cleaning products or use products purchased by their clients, which will keep your upfront costs even lower.
In addition to the upfront investment in cleaning supplies, you may want to spend a little bit of money to market your services, such as paying a subscription to be listed on a website like Care.com.
12. Tutor
Are you an educator who wants to focus more on one-on-one or small group tutoring? Do you specialize in reading, writing, math, English or another area? If so, starting your own tutoring business could be very lucrative. Some people need a little extra attention to allow them to progress, and you could be the one to help them.
Many tutors either work out of the client’s home or meet in a common area such as a library. You would need to narrow down the subjects you'd like to cover, but this could be a great low-cost business idea: The only expenses you'd incur would be teaching materials.
If you are more comfortable tutoring virtually, there has never been a better time to get into that! Try platforms like Outschool, which can help match you with multiple students and allow you to design creative classes that showcase your interests and areas of expertise to students across the globe.
13. YouTuber or TikToker
You might be asking yourself how the heck "YouTuber" made the list of business ideas with low upfront investments. But truth be told, this can be an amazing source of revenue with an extremely low cost. There are people who use only a smartphone to shoot and edit videos.
Yes, some influencers invest in a fancy camera and use costly editing software before publishing on YouTube or TikTok. But overall, the expenses required to make a career out of producing videos for YouTube or TikTok are low. You can get sponsors for your channel, get paid to promote products, use affiliate marketing and even monetize your content by allowing YouTube to put ads before or during the video.
14. Online Workshop Host
The proliferation of virtual meetings, online workshops and cyber training has made it very easy for experts in a topic to access students and audiences from far and wide like never before. This means you may be able to start a business as an online workshop host with much less than $1,000 upfront.
The topics you could choose to focus on in your workshop can be just about anything, from knitting to math tutoring to wellness. If you have a particular area of expertise, talent or niche, then this side hustle is the perfect low-investment business for you!
Zoom and Meta both have platforms for hosting events like educational webinars and workshops. Meta, formerly known as Facebook, also offers an option to monetize online events through its social media platform. It does not appear to cost any money at the moment, but there are a series of steps that you will need to follow and comply with to be eligible to host paid events on the platform.
15. Blogger
A blogger simply produces written content that gets published online. As a blogger, you could publish content on your own blog and monetize it, or you might create content for other people’s blogs. With just a laptop and internet, you can start producing content immediately without really having any other expenses to worry about. The great thing about being a blogger is that you set your own schedule, and you can work virtually anywhere you have an internet connection.
16. Dog Walker/Sitter
If you're looking for business ideas with low investment, it might not get any lower than becoming a dog walker or pet sitter. More than 23 million American households adopted a pet during the pandemic, according to the American Society for the Prevention of Cruelty to Animals (ASPCA).
Now that all those people are returning to the office and starting to travel again, their pets need care. This business requires a very minimal upfront investment. Your clients will provide their own food for their pets if you are sitting them, which cuts back on costs. You will really only need a few good leashes, some dog treats and bags for cleanup. This will cost less than $75 at any pet store.
To start, you will want to become a member of the National Association of Professional Pet Sitters or Pet Sitters International. These organizations will offer valuable resources to you, like education, networking and the ability to market your services through their trusted search platform. In addition, to market your services to a wide range of new clients, you may consider listing on a website like Rover.com at first.
17. Ecommerce Reseller
If you are thinking about starting an ecommerce reselling business, you should be aware that it will take some research on your part. However, if you have a grasp of what to look for, you can make quite a bit of money with your business. Why exactly is ecommerce reselling on our list of low-cost business ideas? Well, where else can you purchase something and then sell it for more than double what you paid?
For instance, if you find an item that's on sale online, you can purchase it and then sell it at full price. Or, you can start a business on eBay or Amazon where you buy items at garage sales and then sell them for huge profits. Some people don’t understand the value of their items or simply want them gone (with a quick sale you can capitalize on).
18. Landscaping/Lawn Care Service
Depending on the equipment you decide to buy, you can easily start small with a landscaping and/or lawn care business. Not many people find it fun to cut their own grass, seed a lawn, manage weeds or plant trees/bushes. There will probably be a number of competitors locally, but if you can differentiate yourself from them, you might build a lucrative operation and help your business grow from word-of-mouth referrals.
19. Painter
Not everyone has the time or patience to paint areas of their home that need a little TLC. That’s where your business comes into play. For a small investment, you can purchase all the equipment you would need like ladders, paint brushes and rollers, paint buckets, drop-cloths, scaffolding, masks, etc.
Next, start putting flyers up in local paint stores, making contacts with local builders and getting your name out there. You’d be surprised how many people are looking for reliable help in revamping their homes, and nothing does a better job at refreshing a room than a fresh coat of paint!
20. Artisan
Do you have a talent for making homemade goods? Then it might be time to build your Etsy empire. Whether you have a love for crochet, a watercolor habit or enjoy printing sayings on T-shirts, there is a market for your wares. A platform like Etsy can get your products out there.
Start your very own Etsy shop selling items made to order or from your inventory to customers who can use the platform’s advanced search capabilities to find you. All you need to get started is your talent or idea and a secure Internet connection.
Does one of these business ideas sound like a winner? Once you've chosen your business and taken the first few steps to get it started, you're ready to download our easy-to-understand Start Your Business Guide. We've learned a thing or two about starting and running successful businesses, and we've put it all together in this complete business checklist, designed to make it faster and simpler for you to get your business up and running successfully.
