Small Business Ideas With No Money
If you have come here, it is because you are looking for good profitable business ideas without investment. We propose a list of 25 concepts that you could start tomorrow. As you can imagine, since it costs little to start this type of activity, you will have to count on your talents to enjoy a competitive advantage over the many other people who already exercise these activities or could start them in the future.
You will need knowledge, business skills, technical skills, art, capacity for sacrifice, stamina… Well, let’s be reasonable: you won’t need all of these things at once but you will need a large part of them. Remember that we are not talking about easy businesses , but about activities that you can start without investing almost anything. Some ideas are new, others we already mentioned at the time on the blog, but we thought it was worth making a compilation.
25 Small Business Ideas With No Money
Do not forget that no matter how cheap it is to set up your small business, you will always need minimal tools. We have prepared a list with which we use daily , in case they serve you too.
1. Buy wholesale and sell retail
The modern tools at your disposal, such as electronic marketplaces , allow you to buy almost anything at the best price. You can, for example, visit a website like Solostocks.com (which usually has a lot of items at a good price) and see if you could dedicate yourself to selling products at retail. Depending on the type of items you buy and the number of units, the initial investment can be very reasonable. You can also opt for other platforms such as Etsy.com .
You can also search for stocks from liquidation companies to buy heavily discounted products and sell them individually. You can start small, and then reinvest your initial earnings so you can buy more.
2. Write a blog, one of the best businesses without investment
Creating a blog is undoubtedly an interesting way to start an online business . You will have to have specialized knowledge. Here we recently talked to you about the possibility of a blog about insurance , and a long time ago about another about celebrities . Although your own domain does not really cost a lot of money (for less than € 100 a year you can have excellent hosting ), you can also start without paying anything, with a free blog .
3. Insurance brokerage
Are you an expert in the insurance sector? Why don’t you set up your own brokerage? As an intermediary , you will not need a lot of investment, and at the beginning you can set up your office in a room in your house. You will have a lot of competition from other brokerages and you will have to comply with legal requirements , but if you have a good network of contacts, you can do it.
4. Be a consultant in your area of expertise
More than an experienced professional, hardened in many battles in the business world, they realize that many people could benefit from their knowledge . Some take the step of leaving their salaried job and setting up a specialized consulting firm. Ask yourself if you are an expert in something that you could monetize, perhaps you can be successful as an independent consultant.
5. Repair of toys
Can you fix almost everything? Do you have knowledge in electronics? Why not try to smile back at those children who have damaged their favorite toys? In some places they call these businesses with the poetic name of “toy hospital.” Nowadays, when families do not have many expenses, it could be an interesting business. And you only need technique, talent and few tools.
6. Personal trainer
If you know everything about physical education or are willing to train, a very promising business is working as a personal trainer. Some time ago it was an almost exclusive service for celebrities, but it is being democratized . And it is that doing sports efficiently and with the appropriate frequency is not so easy. Having the services of a personal trainer for a few weeks is the best way to get serious and not give up.
7. Boat cleaning
If you live in Madrid, we are sorry, this idea will probably not make you very funny. But since Spain is a maritime country, more than one inhabitant of a coastal city can consider a boat cleaning activity. It is a seasonal business , the peak season of which begins in the spring. It is about touring the marinas and offering your services to leave the boats clean and ready for use.
8. Mysterious client
A mystery shopper is a person who visits stores incognito, as if he were a normal consumer, but values the service and attention received. If you have contacts in the quality and marketing sector, you could set up your own Mystery Shopper agency , and start doing the evaluation missions in first person.
9. Translation agency
Are you perfectly fluent in another language? If you are looking for profitable businesses without investment, why not offer your translation services to companies? An interesting clue are all those online stores that only have a Spanish version and do not take advantage of the full potential of the Internet. In a world where international exchanges are increasingly present, there are many more opportunities for translators, although of course also a lot of competition.
10. Making costume jewelery, another profitable business with little money
If you know how to make necklaces, rings, bracelets, and other jewelry pieces, you should think about selling them. You can follow different marketing strategies, especially organizing sales at friends’ houses and setting up your own website. Here are 7 craft ideas you can make at home to sell.
11. Design and manufacture clothes for fashion stores
Even though independent retailers are having a worse time than the big chains, there will always be a market for original creations . If you know how to make your own designs, you can choose to draw and make your own models, and then sell them to fashion stores .
12. Virtual assistant
A fundamental trend in the economy is the outsourcing of non-strategic functions , a phenomenon that is accentuated in times of crisis. A single person can provide virtual assistant services to many professionals and small companies, with the consequent savings for them.
13. Convert your hobby into a business
Are you a collector? This means that you have most likely learned a lot about your hobby object. A good way to start a business without initial investment is to dedicate yourself to finding and reselling collectibles. You will have to learn to differentiate your hobbyist interest from your business goals, but it can be a very profitable activity.
14. Sell used products on eBay
Another way to start a business without money is simply by buying and selling second-hand products . For this you can use well-known portals such as eBay, or set up your own online store. Perhaps it is best to start first, and once you have contacts and fame, move on to your own store. And what can you sell? In the blog we suggested some exotic ideas such as second-hand accordions or sewing machines , but you can do it with almost anything.
15. Organize events
Organizing events requires a lot of organizational capacity, many contacts, but you can do it with little money. You can think of planning weddings (one of the 10 examples of business plans that we proposed a few weeks ago), birthdays, or business events. It is one of the most interesting profitable businesses without investment for a person with a flair for people and good taste.
16. Personal Shopper
If you are passionate about fashion, you can consider becoming a Personal Shopper, that is, buying things for other people . As you can imagine, to turn this idea into a profitable business you will have to have many contacts from a high socioeconomic class, that is, rich people. If not, it is quite difficult for you to make a living from it.
17. Private classes
Among the profitable business opportunities without investment related to knowledge is the possibility of giving private lessons. Depending on your training, you may be able to teach school children, high school kids, or even college students.
18. Commercial intermediary
We could also call it facilitating contacts . If you have a good commercial network, you can earn a lot of money without spending a single euro. The only thing you have to do (and it is not easy, obviously), is to connect people who need to sell something with other people who need to buy that something. It is something that can be done in almost all sectors, but that can only be achieved by people with excellent business mastery and a great network of contacts . You can do very profitable business, especially in sectors with high-value products.
19. Wealth manager
The past crisis made wealth management activity flourish . Between a brick whose value was plummeting from month to month, a chaotic stock market, a tottering euro and some very expensive precious metals, it was very difficult for anyone with a little money saved to know what to do. Hence the interest of this profession to which we dedicated a previous article. Today it is still a very interesting business, because more and more savings are available.
20. Redesign CV
How many people look for a job without even having a presentable resume? There is an interesting business opportunity around counseling the job seeker . We cited the design of the resume, but there is actually much more that can be done, from preparing job interviews to drawing up a balance of competencies.
21. Broker of works budgets
The number of works had fallen a lot due to the crisis, but at the same time people were more demanding and looking for the best value for money . An interesting profession is being a construction budget broker. In other words, a person with knowledge of the sector, who receives the request from a private individual or company, and sends it to a whole series of professionals to obtain the best value for money, and to be able to respond to the client’s needs. It is a business that can be profitable and can be launched for little money. Just what is necessary to launch a simple web page.
22. Sell on eBay for others
More than one person wants to get rid of their junk to get money and space at home at the same time. But many do not know very well how to do it, or do not have time. One solution is to sell used things for others on portals like eBay, for a commission.
23. Marriage agency
After years of the Internet and the triumph of dating sites, it seems very old-fashioned to talk about setting up a marriage agency. However, for many people, the computer or the mobile phone are very cold and unreliable interfaces, since people can easily lie and cheat . A traditional agency can interview your candidates and offer contacts with greater guarantees.
24. Aesthetics or hairdresser at home
Home services are both very practical for the customer and very cheap to set up (there is no need for a premises). And they are usually profitable businesses that require little investment. That’s especially true for service activities like general beauty and cosmetic care. At the beginning of the blog, we proposed home hairdressing as an idea , and it is still a valid idea today. There are also other options such as taking the bar home , or bringing a romantic catering .
25. We saved one of the best profitable businesses without investment for last: Coaching
As you may have seen, the topic of motivation and personal growth is something that we find very interesting on the blog. In fact, very recently we explained what coaching is . If it is a subject that you are passionate about, that you have knowledge in psychology or are willing to learn, it could be a business opportunity for you.