20+ small business ideas with low investment in 2023

Starting a small business can be a great way to earn extra income or even achieve financial independence. However, many people are intimidated by the idea of starting a business due to the high costs associated with it. Fortunately, there are many small business ideas that require low investment and can be started with minimal resources. 

These business ideas span across various industries, from service-based businesses to e-commerce stores. With dedication, hard work, and creativity, anyone can turn their business idea into a successful venture.

Here are 20+ Small Business With Low Investment 

These are the small businesses with low investment.

• Cleaning services: Many people and businesses need help with cleaning tasks. You can offer services such as house cleaning, office cleaning, or even specialized cleaning services such as carpet or upholstery cleaning.
• Event planning and coordination: If you have a knack for organization and creativity, you can offer event planning services to individuals and businesses. This can include weddings, corporate events, or even birthday parties.
• Virtual assistant services: Many businesses and individuals need help with administrative tasks such as scheduling appointments, managing emails, or even managing social media accounts. You can offer virtual assistant services to clients from the comfort of your own home.
• Handmade crafts and goods: If you are creative and enjoy making things by hand, you can sell your handmade crafts and goods online or at local markets.
• Blogging and content creation: If you have a passion for writing and a specific topic that you are knowledgeable about, you can start a blog and monetize it through advertising, affiliate marketing, or even sponsored content.
• Tutoring and teaching: If you have expertise in a particular subject, you can offer tutoring or teaching services to students in your area or online.
• Lawn care and landscaping: Many homeowners and businesses need help with lawn care and landscaping tasks. You can offer services such as mowing lawns, trimming hedges, or even installing landscape features.
• Food delivery or meal prep services: If you enjoy cooking, you can offer food delivery or meal prep services to busy individuals and families.
• Translation and interpretation services: If you are bilingual or multilingual, you can offer translation or interpretation services to businesses or individuals who need help communicating in different languages.
• Photography and videography services: If you have a talent for photography or videography, you can offer your services to businesses or individuals who need professional-quality photos or videos.
• House sitting and home maintenance: Many homeowners need help with tasks such as collecting mail, watering plants, or even performing light maintenance tasks. You can offer house sitting and home maintenance services to clients in your area.
• Car detailing: Many car owners need help with detailing and cleaning their vehicles. You can offer car detailing services such as washing, waxing, and interior cleaning.
• Babysitting and child care: Many parents need help with childcare while they are at work or running errands. You can offer babysitting or child care services to families in your area
• Personal shopping and styling services: If you have a talent for fashion and style, you can offer personal shopping and styling services to individuals who need help selecting clothing and accessories.
• Dropshipping: With dropshipping, you don't need to hold inventory. You simply create an online store and sell products from a supplier. The supplier will handle shipping and fulfillment, allowing you to focus on marketing and customer service.
• Personalized gift shop: With a personalized gift shop, you can offer custom-made gifts such as mugs, t-shirts, and phone cases. You can design and create the products yourself or work with a third-party printing service.
• Food truck: A food truck is a mobile restaurant that serves food on the go. With a food truck, you can offer a variety of food options and cater to different locations and events.
• Personal concierge service: A personal concierge service offers personal assistance to busy individuals, such as running errands, booking appointments, or managing travel arrangements.
• Etsy shop: With an Etsy shop, you can sell handmade or vintage items, such as jewelry, clothing, or home decor. Etsy is a popular e-commerce platform for handmade and vintage goods.
• House flipping: House flipping involves buying a property, renovating it, and selling it for a profit. This can be a lucrative business, but it requires a significant investment in both time and money.

Also Read - Online Part-time Jobs For Students To Make Money

Conclusion 

Starting a small business with low investment is possible with a bit of creativity and hard work. The above 20 small business ideas are just some examples of what you can start with minimal resources. Each idea has its own set of challenges and requires a different skillset, but with the right attitude and dedication, anyone can turn their business idea into a successful venture. 

Remember, starting a business is not easy, but the rewards of financial independence and personal fulfillment are worth the effort. So, if you have a passion or a skill, why not turn it into a business?