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Created on: December 27, 2006 Last Updated: May 05, 2007
There are numerous good business ideas that can be commenced with little capital investment. In the final analysis though, it depends largely upon the skills, experience and interests of the individual.
Potentially service businesses are cheaper to start than product based businesses, simply because there is no purchase necessary in a service business. All one is selling is time, which does not have a physical cost even though it has a material value.
For a service business, one needs to look at the skills and interest that are possessed. For example, those who have business or accounting knowledge, it is possible to set up business as an advisor to other businesses. If operated from home, this sort of business will have minimal start-up costs. In fact, any advisory business is relatively easy and inexpensive to set-up. All one has to do is decide what area of advisory is best suited to one's talents.
Similarly, therapy businesses such as physical training and massage are relatively cheap to start. If you have the talent, this area can be looked at. Following on from this, tuition of any subject where one has knowledge can be rewarding as a business.
There are literally hundreds of businesses that can be started with little capital investment, far too many to mention here. The important factors are to develop a business based upon the knowledge that you have and one within which you have a deep and genuine interest.
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