Cheap businesses that make money

Today, many people today are looking to leave the daily moey for something that feeds their passion. People do not want to retire at the age of 60 or older to look back on life and feel they have wasted it. Here are Luckily, it is now increasingly easy cueap start a business from scratch without spending a fortune. Below, I’ve highlighted 75 varied business ideas you can start cheaply from the comfort of your own home. Some of the business ideas listed require nothing more than an internet connection, while others demand a level of licensing or a specific set of vocational skills I am quoted on entrepreneur.

30 Best Small Business ideas That Make Money Fast in 2020

A start up business can be established with little to no money and have the potential to scale. Laurie Davis started the dating website eFlirt. Some can be started with no investment other than your time. The key is to find the lowest-cost way to make a sale and then parlay your profits into the next step. Some entrepreneurs have bootstrapped their way to millions using this basic formula. This usually entails starting a business from home, and like all great business ideas, it begins by filling a need. Even if you are going to sell something find an underserved segment and provide the best service possible. For advice on these matters, you can meet with volunteers at SCORE , and there are even places to get inexpensive legal help. Steve Farmer, upon graduating from college, decided to start a business wholesaling collision parts.

Great Small Business Ideas You Can Start for Less Than $100

Photo via Shutterstock. He used his car until he could afford a truck, and bootstrapped his way to success. To start a digital products business with no investment , open an account at ClickBank. Then, create a PDF e-book on any topic you know well or can research , and you can start selling immediately. Some vendors claim to have made tens of millions of dollars in sales through ClickBank. When you see a textbook at a rummage sale, visit Bookscouter. See what buyers are paying, and then offer half of that or less.

2. Eldercare

I also discussed how I got a side business going myself. But that was , and quite a bit has changed since then. Where a side business was once a novel idea, it has since become much more mainstream. Make lists every day of things that you might enjoy, and try to figure out how you could make money doing them. Most of these can be done at home in your spare time, and in your spare space, too. See if there are any ideas below that fit you well. Have a meticulous eye for detail and love to get things gleaming clean? Auto detailing is probably a perfect side business for you. In essence, your job is to make cars sparkle inside and out — and many people are quite happy to pay well for this service.

With ride-sharing platforms like Uber , you can turn the car you already own into a business today without spending a dollar. That will grow your income and ensure that you have something to fall back on should one business start going south. I checked my record and discovered that a lot of Nigeria Business men, CEOs, Politicians are going to be 40, 45, 50, 55, 60, 65, 70, 75, and 80 years. If you have some special and extensive knowledge about a particular hobby, activity or skill, then put it to use and write about it. You can also create your own site and secure your own hosting for a low price, which is generally the route I recommend, as many free blogging sites have restrictions on what you can say or do, including making money or advertising. This is because the market is not stagnant, prices of stocks move upward and downward. You may think blogging is all about writing. Some can be started with no investment other than your time. I think you should include web design business as well.

1. Pet Sitting

Others buy in bulk from places like Liquidation. You know this one. All you have to do is check the sales periodically to see what topics or types of products are selling best so you can make more cheap businesses that make money. Starting as a house cleaner will definitely give you an inroad as there is more demand in terms of volume and helps with regular cash flow. Online Business Basics. But still, it is a worthwhile low or no-cost startup option. You can clean houses with all of the supplies and equipment you already use for cleaning your own home and then invest profits into specialized equipment for other clients. Julio November 6, at am. Anne-Marie Faiola turned her soap making hobby into a multimillion-dollar business. Many people endure personal problems that you will never understand. If you have expertise in a subject s you can sell that expertise. Multinationals pay as much as N 65, per security officer and the security company collects N 15, while they pay N 50, to the security officer. The consumption of bread and other bakery products such as biscuits, chin-chin, gala, meat pie, among others have created a huge market for the wheat flour industry, and it is continually expanding by the day.

1. Making Chatbots

Do you need ideas on how to make money fast legally? As this year draws to an end, you need to position yourself properly because there are a lot of income opportunities available that can take you to whole new level. Whether you are an entrepreneur or investor, you will surely find this compilation valuable.

So without wasting your time, below are 30 best money making business ideas that can make you become rich. Businesaes you have been complimented on your parties, you might be good enough to be a mkney planner.

Many people who are throwing tha will desperately need your service. The best places to herald your services would be in the entertainment section of most of the daily newspaper. I will recommend some soft sell magazine, because placing an advert in some of these magazines chesp surely go a long way in getting some customers. Generally, this work goes for a flat fee, depending upon the size of the party. From N 15, to NThink of what you are going to make businesdes a year if you are doing at least 2 parties in a month.

A lot thatt writers are going to be instant Millionaires this year mooney even. I checked my record and discovered that a lot of Nigeria Business men, CEOs, Politicians are going to be 40, 45, 50, 55, 60, 65, 70, 75, and 80 years.

If you have a passion for writingyou can target their birthdays, fix a date for the lunching and you are good to go. Some of them have a lot busiinesses companies and friends that are ready to donate to the lunching of the book. So what are you waiting for to target a Nigerian Millionaire today and be an instant millionaire. They are part of our jobs and also part of our entertainment. You can check the computer book section of a bookstore near you and use the knowledge you have gained to teach others how to begin using a computer; how to use it more efficiently, how to get more out of it, or how to use specific software programs.

This would bring traffic into the store that is specifically interested in his product as well as give you access to a variety of machines and software to demonstrate. All of us have seen professional photographers at sporting events. We may have used the service of professional for a wedding. But what about the local Pee Wee soccer league or the neighborhood blocks party. If you enjoy using a camera, whether it still camera or a video camera, there is money to be made with it.

Perhaps the easiest way to begin is to take the camera to a local youth sporting event and begin taking pictures. Be sure to have inexpensive brochures available explaining to the proud parent where they can order actions shots of their own little super stars in action.

A few big weekends of that type of freelance work will let you see how big this market can be. Selling educational materials is a big business vusinesses. Pencils, Exercise books, recommended textbooks, graphical tables, and drawing equipment are some of the materials students cannot do without on a daily basis.

People who locate their shops near these schools are bound to make a lot of money. If you can get your shop near any of these schools, you are bound to chsap a lot of money. Make sure you know the relevant materials that are in demand in this environment; your success in this business is directly related to your ability to sell at a price that is very competitive.

Do you have a mony, freezer or you live close to cold rooms; then you can start a pure water business. It is true that millions of people are in the business today, but there is still room for one more person who is still passionate to make it in the business. Markets, schools churches mosques football matches playground and parties are some of the places you can get good business. Other ways of making money is by targeting very big events, securing a stand, rent a freezer and you will make some money.

Printing GSM recharge vouchers could equally mean printing money. We all know that GSM recharge cards businessws the fastest selling product today in the country today. Imagine that you are the one producing GSM recharge vouchers that are used in your locality.

You can start your own recharge card printing business. The printer cost N 38, ; you can start with Pins from N 20, You can never run out of recharge dheap or experience scarcity. The amount require to set up a Bakery is directly related to the cash at hand, if you want to start small you can get a small parcel of about half a plot or a full plot of land and build a clay oven, it will cost you about N, to start, while it will cost between N4,to N5,or more to start on a large scale.

Setting up a security venture is a very lucrative business, to a lot of people, setting up a security company is a capital-intensive project. A lot of people have been scared away from attempting to set up one because of this mind-set and mentality. It is very possible to start or set up a security company with little or no capital. Multinationals pay as much as N 65, per security officer and the security company collects N 15, while they pay N nake, to the security officer.

Nigeria currently has over TV Stations and radio station spread across the Country. It is imperative to tailor your show towards your professional background, orientation and finally. Nigeria movie industry is not making money like when it started 16 years ago as TV and Radio production is now more lucrative as TV and Radio producers now rake in Million of naira from sponsorship fee. The boom in property sector is already showing in the high cost of cement, even property stocks on the exchange are smelling-hot.

This emerging wealth is sure to simmer in to the hands of both the medium and small income earners. It is now glaring that in the face of increased cost of land and property in the real estate sector, there is actually a big opportunity for many who know the secrets of getting it cheap when others are still ignorant and selling high.

After all, that is what real estate is all about, except for the intelligence you need to acquire in order chfap play in the market rightly.

As a new entrant into the industry, all you need to do is be the link between the buyer and the seller; and you are entitled to a particular commission. Website designers are always in demand by corporate organizations, government agencies NGOs as they are willing to pay big to get their website designed. Some thah them are also looking for website developers because some of them budinesses to update the information on their sites. A website designing course can take a week or two; if you can browse the net very well, there is a lot of FREE software online that can guide you step-by-step on how to design a website.

However, you must make sure you follow your passion; be it taking care of children, old people, environment, or solving social economic problem. All you need to do is to start with the little you have; starting with your immediate environment.

Let all the corporate organizations and individual in your vicinity know what you are doing. Millions of dollars are budgeted yearly for NGO in Nigeria by foreign donor agencies but such funds are returned to those foreign agencies at the end of their financial year.

Stock brokerage business is a profitable business. Like every other money making venture. It has its own challenges. This is because the market is not stagnant, prices of stocks move upward and downward.

In Nigeria, stock brokerage business has not been fully exploited. This is because we are only dealing on equities and not on derivatives. This is the foremost and mother of all the other oil and gas businesses because it provides you with an expansive area to play in this business.

For instance, as registered petroleum marketer with NNPC, you can access the following opportunities:. However, to become a registered independent Petroleum marketer with NNPC, the starting point is the Department of Petroleum Resources DPRthe regulatory arm of the petroleum Industry and find out their requirement and what area you want to engage in, either as a depot owner or filling station owner.

And once busnesses are able to meet the requirement, you will be given a license for storage and sales. The micro finance, regulatory and supervisory framework for Nigeria was introduced to galvanize and empowers the poor and vulnerable people by increasing their access to factors of production. To get started, Micro finance Banks would be required to be well capitalized, technically sound and orientated towards lending based on the cash flow and character of clients.

The micro finance bank provides for two categories of MFBs. Credibility would be another major issue for the emerging micro finance banks.

Depositors would need solid assurance of the safety of their funds, just as the MFB operators would by the same token require some form of guarantee of repayment of their credits. Renting party equipment has become big business particularly in many big cities. Canopies, chairs, stage platform, ice block, drums, cooking utensils, table cloth and other party equipment are in hot demand by party organizers. There is hardly a weekend when parties are not held.

Your businessrs step is to find out fees charged for items and for how long. Then you should investigate the cost of making or buying some of these items. How much you make is directly related to the number of customers you. A dozen of plastic chairs is being rented out at the rate of between N to N per dozen, while double canopies goes for N.

Haulage includes using trucks and Lorries to convey goods from one point to the. The movement could be within a city. During conveyance, goods are accompanied by owners. In most cases, truck owners do not go scavenging for loads. As an entrepreneur, your role is that of a haulage contractor. Tbat note, Truck owners welcome contracts that are long term compared to one-off. Let your mark-up be minimal, but you will double your income from payment for goods collected on return trip. Depending on the number of trips and the number of vehicle used, you can earn above Nper month.

The near collapse of the industry was due to the poor funding by the government, mismanagement of the utility, corruption, poor service delivery and load shedding, use of substandard materials, electricity theft, poor revenue drive and non-payment of bills by consumers, technical and non-technical losses. You can import any brand of generator into the Country.

Just make sure you provide a good after sales service to your customers. Processed yam flour is a simple devise for the preservation of yam and making them available at our meals table all year round. Besides, it enhances the storage process and the movement of the product. The preservation process may be supplemented with the usage of chemical preservative, which are common in Nigeria markets.

Yam flour is processed through grinding, drying, parboiling, drying and pulverization process. Do you want to sell foreign product in Nigeria?

Unless you win the lottery, becoming a millionaire takes hard work and patience. In fact, according to With around 75 million Baby Boomers in the U. While this bodes well for the nursing industry, not all elder services mxke medical training. Eldercare could involve anything from running errands, doing household chores, paying bills, transportation, and just keeping people company.

1. Financial Services

If you fit that bill and have experience with successfully starting and running a business, then you should definitely start your own business consultancy thwt you can provide these cheeap business owners with your knowledge and experience. With an investment firm, you could invest in anything from commodities like oil, gold, and bitcoin, as well as stocks and bonds. Another profitable business idea is forex trading. This was always a money-maker. Employers realize that it costs them a lot of money to hire new employees. Instead of doing this themselves, they turn to a recruitment agency, which is also known as bsuinesses staffing agency or employment agency. As the global population continues to rise, China is expected to reach 1.