The Best Small Business Ideas with Low Investment

Small Business IdeasQuitting the rat race is easy, but staying out takes a little more planning so here are some of the Best Small Business Ideas with Low Investment. That’s right, if you want to quit the rat race for good, you’ll need a plan moving forward and starting a small business is a great place to start.

A small business is great a way for you to earn some extra money on the side and you can even start one while working at your old job.

I highly recommend starting your small business venture before quitting the rat race, as it’s not until you’ve earned your first dollar, that you truly understand what’s possible.

Yes, anyone can start a small business and come tax time you can also offset some of your spending against the earning in your business, which helps to keep costs down.

However, if you don’t have many dollars to spend then perhaps you are best to pursue low investment small business ideas instead.

The Best Small Business Ideas with Low Investment

Affiliate Marketing

iPageOk, I’ve mentioned this before, and selling someone else’s products is a really low investment business idea. As joining affiliate programs are free and you can even make sales via free social media accounts.

The key to affiliate sales is finding the people who want to buy your products rather than just trying to sell to anyone.

Of course, I always recommend starting your own blog or website, to sell affiliate products, because a blog improves over time and will always be yours, as long as you pay the bills.

And don’t be fooled by the entry price of blogging as you can start from as little as $1.99 per month. I’ve used this service in the past and it’s perfect for a low investment business idea like blogging.

Oh, and see what I did there I, used affiliate marketing to promote a product that you may need, and rather than you spending hours and hours searching for the right package, I’ve recommended the perfect solution for a budget minded person.

Yes, it’s an affiliate link, and by using an affiliate link you’re not only helping the website owner to pay the bills it’s always at no extra cost to you. And sometimes using an affiliate link can get you a better price.

So for under $30 per year affiliate marketing is still one best small business ideas with low investment.

Baby Sitting Service

If you have kids, you’ll know how hard it is to get away from the kids for a few hours, to have a little ‘me’ time.  Often this rarely happens and it is actually detrimental to your mental health. Everyone needs a break occasionally.

So keeping that in mind, offering a well-priced Baby Sitting Service in your area could be a great low investment business idea.

Of course, you’ll need a few certificates to get started, like working with kids, first aid and anything else your local authorities require and once established, you’ll just be trading your time for money.

And you can get a better low-cost small business idea than that.


I touched on blogging a little earlier, but there are plenty of other ways to make money blogging. So it’s really it’s own small business idea.

I’ve been blogging for a few years now and it really is a multifaceted low investment business idea. As I mentioned earlier my first blog was started for less than $30 per year and that included the domain name.

Now it does take some time to build a blog, and if you want to take advantage of organic traffic from search engines, it’ll take much longer, but there are tricks to learn that’ll make the journey a lot smoother.

And once you’ve established your authority in the blog niche you’ve chosen, it can also lead to paid speaking engagements which is really easy money if you don’t mind sharing your experiences in front of an audience.

Further ReadingMake Money From Blogging for Beginners

Bookkeeping Service

Apart from some basic bookkeeping experience, which you can learn online. Your startup costs are very low, especially if you only specialize in one popular accounting package like MYOB or XERO.

And unlike complex taxation rules, your job as a bookkeeper is simply to put transactions in their logical places. As a small business owner, I couldn’t even get this right and the services of a bookkeeper was invaluable.

Yes, every business is a potential customer when you’ve got a Small Business Bookkeeping Service.

Car Wash Service

Yes, busy people don’t have time to wash their car and are often happy to pay people a small fee for this service. And as water is virtually free, your only costs will be for the detergents and car cleaning products you’ll use.

Remember people often exchange their time for money and therefore understand they sometimes have to exchange their money for time, which is exactly why a car washing service works.

People are too busy and want their time back, but also want a clean car.

Tip: Try brokering a deal with local businesses that use cars or vans to earn their living as always having a clean car can mean the difference between getting that sale or not.

Doggy Day Care

Doggy Day CareIf you love animals and can’t have one of your own, then consider a low investment idea like Doggy Day Care. It’s the perfect small business idea and you can always hand the pets back at the end of the day.

A variation of this small business idea is simply a Dog Walking Service.

Either way, your investment is almost nil, as usually, the owners will provide the food and pet accessories that their dog prefers.

If you want to pursue this small business idea, then be sure to target more affluent areas that have disposable income as you stand a much better chance of finding eager clients.

eBay Reseller

Yes, there are margins in the things you can buy and sell on eBay. Even heading over to your local dollar store, you’ll find items that can be bought for a price less than they sell on eBay.

And Garage Sales or Op-Shops are a perfect place to pick up things for a low price with the intention of flipping them for a higher price on eBay.

This small business idea does take a little starting capital, but even with a few dollars, you can begin your eBay business venture.

But being an eBay reseller doesn’t need to cost anything if you know where to look.

Places like Craigslist and Freecycle have sections where people want to give away goods for free. Yes, your only outlay is the cost of transporting the goods to your place and then you list them on eBay making a small profit each time.

Here’s a video outlining this process a little more…

Gardening Services

Gardening is a very low investment business idea and your largest outlay will be for a lawnmower and edge trimmer. All the other tools you’ll need as a gardener are low-cost.

Again your clients will  be people who work and are too busy to do their own gardening because of their limited time. And after a long week at work, most people want to relax and unwind instead of keeping the garden nice.

So with that in mind be sure to do a letterbox drop on gardens that look messy and especially where there are signs of disposable income, like an expensive car in the driveway.

Offering new client a crazy introductory price might be enough to get your foot in the door, and then you might pick up regular work if you do a good job.

Graphic Designer

Graphic Design Small BusinessIf you’re the sort of person who enjoys playing around with the concepts of good design and can’t stop playing around in Photoshop then maybe you should think about graphic design, as a small business idea that’ll suit you.

And although I’ve mentioned Adobe Photoshop, you can use a free product like GIMP for a low investment alternative.

Graphic Designers work really well with Web Designers, so maybe consider a collaboration with a Web Designer you know.

House Cleaner

Yes, even a low investment idea like a house cleaner is within your reach. Busy people tend to have messy houses unless they hire someone to maintain their home.

So if you don’t mind getting dirty and scrubbing someone else’s toilets then, maybe house cleaning one of the best small business ideas for you.

Your start up cost are really low and you just need to find a few regular clients to keep you busy throughout the week.

Trust is the number one reason you’ll be hired over someone else, so make sure you come across trustworthy. So it’s best to start with people you know and then let word of mouth and referrals find you, new clients.


Photography is another one of the best small business ideas with low investment, and once you’ve purchased the equipment, you can take an unlimited number of photographs for free.

The age of the Digital Camera has made photography a really low-cost small business idea and you can get started for less than $1000.

But it’s also a competitive industry because so many people enjoy taking photo’s and want it to be their small business. And you are also competing with everyone who carries around a smartphone and can easily take photos themselves.

If you want Photography to be your small business then consider finding a niche to work in like weddings, events or even taking pictures of family pets.

Get good at photography and your clients will be happy to refer you to their friends who might be searching for someone with your talents.

Virtual Assistant

Business Ideas with Low InvestmentIf you prefer office type work, then maybe a virtual assistant could be a small business idea that suits you. Other small businesses looking to expand often need people to handle their day to day work, while they focus on finding new clients.

And the people they turn to are virtual assistants who can complete the work for them.

This one of the popular new business ideas in India and the Philipines and you only need good English to get started.

You can use a company like Fiverr to start your new small business venture, offering ‘X’ amount of VA minutes or hours per $5. Then once you have regular clients you can negotiate better pricing.

Be prepared to do a variety of work such as; research, translations, data entry, transcriptions, and even basic article writing.

Web Designer

If you’re not on the web today then you’re probably missing out on potential clients or that’s how the theory goes. And people often turn to Google to find the things they’re looking for so getting on the web should be a priority for all small business owners.

So as a web developer, the opportunities are only limited by your access to small-medium businesses.

You can teach yourself web design by finding a free online course and then your only costs are for a PC and some internet time.

I’d suggest starting your own website with a hosting company you love and trust and then re-sell websites from that server. The admin of those websites could then be another source of income if you charge a small subscription fee.

I would recommend a high-CPU account from Bluehost, which will give you a solid shared server that you can install many client websites on without a performance bottleneck.

YouTube Channel

YouTube Small Business IdeaThey always say you save the best ’til last, so here’s one of the best small business ideas with low investment that’s guaranteed to make you money. Yes, it’s a YouTube Channel.

YouTube is the number two search engine in the world, and this is mainly due to it’s easy to consume video content. And people are spending millions of hours a day watching videos on the YouTube platform, so why wouldn’t you want to be there?

Creating a channel on YouTube is free, and the only equipment you need to create videos is a camera like your smartphone, or some screen capture software and a microphone. In fact, you can even get free screen capture software here.

However, it does take some time to build your audience, but they will find you if you’re producing quality content.

The best upload strategy for YouTube is around 2-3 times a week unless you want to become a daily vlogger, however, this isn’t recommended for a new YouTuber.

Tip: Find your feet before you consider daily vlogging.

Here are some of the YouTube video formats you might consider:-

Face to Camera – This style is typically used by vloggers (video bloggers) or as a way to connect directly with your audience.

Interview – Rather than be the one in front of a camera, perhaps you can interview someone else in your niche and let them be the star.

Live Action – When you just want to capture what you’re seeing, you would just capture live action images and add a killer soundtrack.

Explainer Videos – These have become quite popular and use animations and voice-overs to explain your point of view.

Screen Capture – Maybe you just like to teach people how to do things on their computer, so a screen capture video works best for that style of YouTube video.

The revenue model for YouTube is primarily Adsense Ads so make sure Adsense is available in your country and once you’re established you might be able to organize paid endorsements to supplement your income.

Further ReadingHow Much Money Can you Make on Youtube

So these are my Smal Business Ideas with Low Investment, but this isn’t an exhaustive list as there are plenty of other small business ideas you might like to try.

However, whichever small business idea you choose, make sure it’s one you enjoy waking up to each day. Starting a small business is a something I recommend for everyone wishing to escape the daily grind.

And a low investment business means you are risking very little money, just in case it doesn’t turn out the way you expected.

Be prepared to work long hours to establish these small business ideas, and once established consider hiring someone to help take your business to the next level.

And if you’ve got any other great small business ideas, then please share them in the comments below.

Good Luck and Be Kind 🙂

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