Businesses with Low cost start up capital
Having low or little capital to start a business can be difficult and challenging, well as fate may have it we have some it for so relax if possible drink water to help your calmness ,the truth is that starting a business is not easy even if you have big or fat capital ,now knowing that its hard even with big capital what abot those that has small capital? Should they forget abou business? no; so they question we are all expecting an answer to is which business can a person with low capital for investments begin with?
Here are lists of business that can be started with low or little capital with good research as a microscope for business insights and reason why it like that.
1.Product option: This option is mainly base on sales of products which can be physical or digital, by so do making profit out of turn ups in product sales
Example of products option
(i) shoprite (physical product):shoprite just like every other store ,products are being displayed and bought by consumers as an offline store that sales products of different varieties that suit their daily needs.
(ii) selar platform(digital product) selar platform is an opposite of shoprite as it an online platform where digital products are being made available for sale, example of such products are ; ebook, digital courses etc.
Products option is really a great way to start.
2.Service option:just as the other option this option base mainly on rendering services which can be physical or digital as well .
Example of services that require small startup capital are
(i)cleaning ( physical services): cleaning services are very cheap to start up due to the fact that it doesn't require much equipment to get started as a beginner .
Example of cleaning services include industrial cleaning ,Deep cleaning , Car wash services etc.
(ii)digital Marketing (digital services): this is a kind of service that is been offered online to help people with the services of Marketing to increase visibility, insight, reachability etc.
3. Commission option: wow this is another good option that can replace either of the other two options it has to do with lesser start up capital because it mainly based on helping those who are the actual owner of the product and service Sell their stuffs and making commission of every sale, which is why I said it my favorite way of starting small because the return on investment (ROI) here is really unlimited as there's no no end to product owners and users or service owners and service users.
An example of a commission based business is the life of Jumia, Amazon, gigi etc. This business do not really have the products or services that they offer but through commission has come to be known and popular more than services and products owners themselves there by given then an edge in world of business which mean they even make more money so time than the product or service owners because they more customers base .
Conclusion
All this options of business are very good options with high return so I will advise, as a beginner take you time to research and study the Market for the best option that best suit you out of your personality you know the one you can go for .
Happy INVESTMENT
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