Running your own business comes with many perks, but at the same time with some start-up costs. It brings with it far more flexibility than the typical 9-5 may offer, and so it can be very appealing, particularly to those with young children. It’s also great for those who feel suppressed by the red tape that working for larger organizations can bring.
Many people are keen to start their own business but are put off or concerned at the prospect of having to fork out a large amount of cash upfront. The good news is that this isn’t always necessary. Here are 3 businesses that you can launch with minimal start-up costs.
Gardening
You can start a gardening business with a surprisingly small amount of cash. If you are fairly green-fingered, then you may already have many gardening tools you can use. If you intend to grow your business rapidly, then a commercial diesel or petrol mower is probably your best bet. You will need it to be a bit of a workhorse, so it’s worthwhile getting something that will last.
Prices vary, but they aren’t costly, and it will, in any case, be the only large outlay you will encounter. Fuels for off-road usage, such as red diesel, are far cheaper than standard fuels, which will help to keep your running start-up costs down. Other tools such as hedge trimmers and lawn edging tools don’t cost much either. That’s why a gardening business is a pretty safe bet if you are looking for a business with minimum risk but decent growth potential. Your professional arborist in Roseville can definitely help you grow your business.
Hairdressing
This is the type of business where you need to know what you are doing – unless, of course, you like the idea of having lots of disgruntled customers! If you have the experience and skills but are sick of working for someone else, there are a few options.
Many hairdressing salons will allow you to rent a chair from them for a monthly fee or percentage of your turnover. This allows you to set up with next to no outlay. The other option is mobile hairdressing. All you need to account for here is the cost of fuel, insurance, and your usual hairdressing tools. These are not things that will require a high level of start-up costs.
✋ Warning
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Virtual assistant as a business with low start-up costs
This is a great business for someone who wants to work from home with flexible working hours. A virtual assistant carries out secretarial, administrative, and personal assistant tasks for companies and individuals from home. It allows businesses to keep their staff costs and overheads to a minimum and allows you to work from home with little to no start-up costs.
Being a virtual assistant allows you to use your own internet connection at home, keeping your overheads to a minimum. You can check out this helpful guide on switching broadband if you feel like your current broadband won’t keep up with you.
Apart from a broadband connection and a phone line, all you need is a laptop and a compatible pair of headphones (where necessary.) Of course, working from home will mean that your home running costs such as electricity, phone bills, insurance, and such may increase, but your initial outlay will be negligible. It’s a great way to do what you are good at from the comfort of your own home.
