6 Businesses that can be started for less than £1000

6 Businesses that can be started for less than £1000

Starting your own business is the road to attain the financial and personal freedom that you have always longed for. With that being said, nobody has ever said that the road is going to be smooth. It takes your time, money, efforts and a lot of determination. While it is necessary to have some sort of initial investment, it is not always important to have loads of capital to start with. You can always start small, and scale your business afterwards.  There are endless possibilities and ideas you can start your business around. To intrigue your thinking process, following are some of the ideas that you can start with or come up with your own idea by thinking on similar lines.

Consultant:
Becoming a consultant is a profitable business to start, given that you have adequate experience and academic credentials to support your business. With a very small starting capital, this business is long term and can be scaled easily once you have established your reputation in the industry.

Property Manager:
If you have some experience in the real estate industry, it’s time to capitalize on your experience and build a business around it.  The primary duty of a property manager is to look after the properties of his clients. A property manager is responsible for maintaining the property and making sure that everything is a working in a fine condition.

Interior Designer:
You can start with getting some preliminary training and a basic certification. Afterwards, you can reach building contractors, home owners and realtors. You can land initial clients through this process and can later on expand your business through referrals. Meanwhile, keep updating and broadening your skill set to position yourself better in the industry.

Wedding Planner:
It is for those, who not only love managing people but can handle pressure situations pretty well. Wedding Planners are often reached when there is a shortage of time, and the clients find it difficult to make things happen themselves. Therefore, you should be well connected in the industry and should have the temperament to integrate various activities efficiently. A wedding planner is responsible for coordinating with various vendors, making post wedding arrangements and presenting expert advice on various key issues.

Dropshipping:
You can start your own online niche store without holding a single dollar inventory. The process starts with researching the products and vendors who are supplying it. Once you have selected your niche and few products to start with, look for vendors on online marketplaces who are ready to ship your products directly to your customers. What you are concerned with is researching your niche, validating it, setting up the store and finally marketing your products to your audience.

Blogging:
Blogging is a viable option to go with if you have a flair of writing. Even if you are not a writer yourself, you can hire someone to write for your blog. The only thing you need is a domain, hosting and a theme to start with. All this will not cost you more than £50 to start with. Once the blog is set up, and visitors start rolling in, you can publish ads on your blog to earn money.