The idea of launching a new business can be pretty exciting. However, most of the ideas require a lot of money, time yet risky. Many people believe that you must invest heavily in a business idea to reap high profits. That’s not true as there are many easiest businesses to start without breaking your bank.
In fact, such businesses give you total freedom to focus less on upfront and logistics costs and more on how to get started. Besides that, these small and low-investment business ideas are perfect for beginners or any other individual with a tight schedule. In other words, you can choose a side business without sacrificing everything else.
Of course, you’ll have to decide on a solid idea, create a brand, market the business, and offer remarkable customer service. But, do you know you can avoid many traditional overhead startup costs like initial inventory, retail, and warehousing space? In this article, we’ll be discussing the 3 easiest businesses to start with low overhead costs.
1. Dropshipping Business
Dropshipping is the first and super easy business you can start today. All you need is to buy stock, store, pack, and ship it. It is a gratification model where a third-party supplier stock and transports the inventory to customers on your behalf. Moreover, it is among the best businesses you can start as it has low overhead costs.
Besides that, it is scalable and hands-off as you don’t have to handle any commodities. Just make the sales and transfer orders to your supplier. What’s more, you can design from single or multiple suppliers into your online store using a theme that mainly focuses on a particular niche like water bowls for pet owners or gear for yoga fans.
So, if a customer purchases a product directly from you, the order gets delivered to your supplier, who in turn fulfills it for you. But, you’ll still have to market the goods and ensure there’s proper customer care.
You can work with suppliers from local or overseas provided that you build trust with them. An unreliable supplier will only tarnish your brand. Being a low overhead investment, dropshipping can be the best way to test the product-market before starting a business and invest in original products. However, ensure you ask for samples of products to test the supplier’s reliability and certify that the product quality is ideal for selling to potential customers.
2. Residential Cleaning Business
Launching a residential cleaning business is one of the easiest businesses to start with little investment. It can be more profitable than you ever thought. Basically, there will always be houses and buildings that need cleaning. Nowadays, people don’t have to be very rich to have their residential houses cleaned by someone else.
In fact, it is a kind of job many homeowners are willing to pay and enjoy all the benefits of a remarkably clean home and get the time to do other things that seem important. It can be once every month or a weekly basis. What you need to do is to have essential cleaning supplies.
Just have knowledge on different cleaning products and steps to follow. Besides, attract and maintain reputable and reliable staff members to fulfill the business goals. More importantly, learn how to start a cleaning business and start getting excellent profits with ultimate ease.
3. Becoming a Social Media Specialist
With modern technological developments in the business industry, even small businesses understand an online presence’s essence. However, most of them either have no idea how to do it or don’t have time or want to spend their time doing it. And this is where you essentially come in.
Being a social media specialist means that you will write and post information about the business’s products or services on social media platforms like Facebook, Twitter, Instagram, and YouTube. The only thing you need is to understand how best to reach the audience.
Other than that, know how to write catchy pieces of information that will ultimately benefit your clients. More importantly, know when to write and where to post the information. Basically, if you do a good job, your clients will absorb you for their progressing projects. As a result, you can enjoy a steady income and a perfect business.
The more you become experienced, the more diverse you’ll grow to provide your clients extra services. Starting a social media specialist business is not something tricky and requires no unique experience. It is pretty easy to learn by yourself about the essential social media skills you need to offer basic informational posts to already existing businesses.
Starting the easiest small business without paying a dime should never worry you. With so many options available, you can comfortably find the easiest businesses to start, run, and enjoy excellent profits. It can seem pretty easy, but you have to consider the market gap and other factors to start a lucrative business.
This article has narrowed down the selections to the 3 easiest businesses to start with low overhead to ease your choices. Be sure to do more research about any of them that suits your desires and get informed.