Business With Low Investment And High Profit – When you purchase something through one of the links on our site, we may earn an affiliate commission.
In many cases, starting a business may require a large upfront investment. But you might be surprised to know that there are many low-cost, high-margin business ideas out there. If you know you want to quit your 9-5 and start a business but aren’t sure what business model to choose or where to start, we’ve got you covered.
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After all, anyone can start a successful online business. All you really need is the drive to succeed and patience and consistency to keep at it until you strike gold.
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We highly, highly recommend starting a blog. Not only this can be a great business with very little cost, but the process of building a site and growing it with SEO can be valuable skills you can take with you to help any business venture you choose!
And with the Authority Site System you get a blueprint from trusted industry experts on how to start and grow a profitable blog with step-by-step marketing videos, templates, access to an exclusive community, and more. It will save you TONS of time and money and as a Niche Pursuits reader you will receive a special discount.
All of these business idea options listed cost less than $100 to start. Some cost much less, or absolutely nothing. Best of all, they can all be run from your home or local area.
Starting your own blog is one of the best online business ideas around. Literally, anyone can start a blog on absolutely any topic. Although you can start a general blog, it is a good idea to choose a niche.
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Having a well-defined niche will help with your branding and help you build a loyal following of readers who will keep coming back for more.
It costs a lot of money to start a blog. You can get started for as little as $2.95/month. You will just need a hosting provider (we recommend Iridium Hosting) and a domain name.
There are many different ways for bloggers to make money if they know search engine optimization such as growing traffic to adding sponsored content, affiliate marketing, and displaying ads. The earning potential for bloggers is also great!
Although blogging can be seriously profitable, it’s certainly not a get-rich-quick scheme. It requires patience and dedication. It might take a few months before you start making money. It is absolutely worth it though.
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You can follow Niche Site Project 4 to see how Spencer started a profitable niche site from scratch that made over $5,000 a month before selling it for a quarter of a million dollars!
Affiliate marketing is one of the best ways to make money online. It requires very little upfront investment. All you need is a website or social media presence.
Affiliate marketers earn money by promoting other people’s products in return for a commission on the sale. This means you don’t need to invest any cash up front in inventory.
Affiliate commissions can vary depending on the company and product you are promoting. Commissions can start as low as 1% or 2%, and go up to 50% or more.
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You don’t even need a website to make money with affiliate marketing (although having a website or blog is a great place to start). Other places you can promote your affiliate links include:
You can even use a combination (or all) of these channels to promote your affiliate link, along with a blog.
If you want to start an affiliate marketing business with no prior experience, taking a course is a great way to get yourself on the fast track.
Choosing the right affiliate market is essential. Check out our guide to the best affiliate marketing courses available to find the one that’s right for you.
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But if you are in a hurry and would like a solid recommendation, again be sure to check out our review of Authority Site System (TASS) by Authority Hacker or simply jump right to their site for the special offer.
Dropshipping is a great business to start for anyone who wants to get into e-commerce without a huge upfront investment. You are essentially starting an e-commerce business with other people’s products.
With dropshipping, you order directly from the manufacturer and ship directly to the customer. This means you don’t have to pay anything until the customer has paid you for the product.
This means no upfront investment, no inventory to store, no packaging, and no shipping. The only disadvantage of dropshipping is that you will have to handle the customer service yourself.
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Want to know more about dropshipping? Read this guide on Affiliate Marketing vs Dropshipping to see which of these online business models is right for you.
Creating and selling your own online courses is a great way to make money online. Online learning is becoming more and more popular, with many people preferring it over traditional in-person learning.
Passionate about keeping birds? Or homesteading? Great! You can share your knowledge with others new to the subject who would like to learn the skills you have to share.
When it comes to starting an online course business, the upfront costs are low. The only real upfront investment is the time you spend creating your course and the software you use to deliver it.
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There are many great free and premium options for software. Check out our list of the best online course platforms to find the one that’s right for you.
If you’ve ever thought about starting your own e-commerce business, but don’t like the idea of storing, shipping, and handling every product you sell, Amazon FBA is the business model for you.
FBA stands for ‘Fulfilled by Amazon’. This means that you can become an Amazon seller without having to worry about where to store your inventory, or how to ship it—Amazon FBA deals with all that.
Spencer had great success on Amazon FBA, going from $0 to $4,399 in just 30-days. After growing this successful business, he sold his FBA business for $425,000.
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The great thing about social media is that it is accessible to absolutely anyone. It’s free to create an account, and you can reach a global audience without leaving your home.
Social media influencers can also make good money. HypeAuditor’s most recent survey found that on average influencers earn $2,790 per month from their Instagram account.
Micro-influencers – that is influencers with a smaller following between 1,000 and 10,000 followers – earn $1,420 per month on average. Mega-influencers with more than 1 million followers earn an average of $15,356 per month.
The best news is, even if you are camera shy, you can still make money as a social media influencer. In fact, the animal nest is the highest earning category according to HypeAuditor!
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So if you had a cute pet, you could capitalize on their adorableness by creating their own Instagram account.
If you’re starting your social media account from scratch, don’t be discouraged. With the right strategy, you can grow your social media very quickly (with tricks like creating a poll on Facebook). Check out this article on how Spencer built a social media following of 10,800 in just 17 days!
Starting a podcast is a great business idea that requires almost no upfront investment. Anyone can start a podcast using free podcasting software like Buzzsprout.
Starting a podcast can help you position yourself as an expert in your niche. It can also help you network and learn more about your industry while interviewing others on your podcast.
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You can create a podcast about absolutely anything, from farming to true crime. Just make sure it’s a topic you’re interested in so you don’t get bored talking about it!
Starting an Airbnb business is a great business structure for homeowners with some extra space or people who travel a lot.
Running an Airbnb business requires no upfront investment if you already own your own home. This means profit margins can be huge.
There are a few things you’ll need to do to make sure your home is Airbnb ready. You will need:
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This is a great side-business for anyone who wants to make more money from a property they already own.
Starting your own freelance writing business requires almost no upfront investment. This makes it a great option for anyone who wants to start a business on a tight budget.
The earning potential is also great, with top freelance writers earning more than six figures a year (check out the best sites for freelance writers to earn more). The average salary comes in a little less than that – around $63,000 – but this is still very good considering no upfront investment is required.
The only thing you might want to pay for is your own website, but you can do that for as little as $2.95 a month with Bluehost.
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Freelance writing is perfect for anyone looking for a flexible home business to start. It can be done during the evening, during naps if you have children, or during the day.
Anyone can start freelance writing. Everything you need
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