Nowadays people want to get rich. I mean, let’s face it. We all want to earn big and be financially free. But we cannot deny that most of the time we have to start from scratch. There are many many situations where people have less or no capital to start their new businesses.
If you happen to be in one of those situations then tune in and check out this list of four helpful small scale business ideas that can be valuable for your future business plans.
- Online Store for Ready-made Products
This is one of the favorite possible paths for many entrepreneurs. They choose to venture online because it’s easy, fast and more convenient than the traditional way.
You can purchase various products on thrift markets and publish them on your website for reselling. Or you can even buy the products in large volumes for a wholesale price, so you can save more for your capital. Always make sure your products are of good quality, so you can advertise them accordingly.
And for starters, you can advertise your business in places like Facebook or Twitter. This way, it will cost you nothing.
Then you can deliver these products via shipment straight to your customers’ doorway, or it can be picked up at the cargo office. Make sure you provide convenience for your customers.
You might ask: “What are those ready-made products I can sell?” Everything from cars, shoes, to school materials. Just think what interests you the most and start from there.
- Online Store for Your Own Products
I firmly believe that this idea is more appealing than the first one. Primarily because it promotes originality and uniqueness through adding your personal touch. I mean, you can make products that are derived from what is commonly used nowadays. But you can be creative at the same time, and add many additional features and improvements.
However, this can be time consuming. It might take you a couple of tries to come up with the best product you can offer. So this really depends on your interest and willingness to try.
The possibilities are endless here too, for example: making your own brand of soap using organic ingredients, personalized beaded accessories or even your own paintings (if you have the talent). There are hundreds of great business ideas that you can come up with that will enable you to use some of your crafting talents and creative skills.
- Consultancy and Support Services
If you are a professional in a specific field of work which deals with certain expertise or proficiency then this is best for you.
Basically, the job description of a consultant is to use their knowledge and expertise to address a certain problem or challenge in a given field by giving effective advice. And ultimately, helping to solve it. Once again, you are way better off to make it a successful endeavor if you actually are a professional in that given field. You have to be aware that you will be dealing with companies and people with concerns relating to their personal life and other important matters.
Another advantage is that you can absolutely make this an online job. That way, communication and transactions can be more accessible and convenient.
- Other Online Services
There are so many online services that a lot of people are looking for. You just have to know what you are really good at, or find out which of the passions you possess can earn you money online.
You can start by writing down all your passions and skills you can think of. The list should contain at least 20 things. Then try to come up with one service for each passion or skill that people can possibly be interested in.
For example, if you’re interested in photography and you like to spend time improving your photos then you can place something like “photo retouching services” on your list. Just spend some time on examining your passions and interests and I’m sure you’ll find something worthwhile.
Choosing which one of these small scale business ideas suits you best is on you. I gave you some tips, but you have to make the final choice on your own. To be frank, don’t take too much time. Just ask yourself: “Which one of these am I good at?” or “Which one of these am I willing to learn and try?” and be done with it in next to no time.