The intention to start your own business arises for various reasons. For some, the idea appears as part of their main activity or hobby, while others want to make money. Many factors influence the choice of a field – from financial capabilities to niche prospects. Here are startup ideas that don’t require extensive entrepreneurial experience.
The best ideas for a startup with minimal investment
It is entirely possible to implement ideas for a startup with minimal investment on your own. There is no need to save money and wait for the amount needed.
Today you can apply for a loan online via MoneyASAP and get a same-day loan to make your startup idea a reality. Decide how much money you need and plan your expenses. Fill out an online loan form and connect to a reliable lender. Get fast loan approval, regardless of your credit score.
Start working on your idea now and repay the loan later. If it is a major project, a small company has the right to rely on the resources of a major player. A new project is of interest to investors if:
- Creating such a product within their company is not profitable. It takes too much time and effort, and the niche is not essential.
- The company intends to buy a share of the project or the whole company.
- They plan to make money from the resale of the product.
We now present to you the best ideas that serve as the basis for unique and profitable projects.
Mobile applications, services for work and studies
Following the COVID-19 restrictions, many employers and employees have started to appreciate the benefits of working remotely. They continue to use this format successfully. In this regard, a great idea for a startup with minimal initial capital is to create a staff work tracking service.
For example, for parents of school children, a smartphone application will be practical if it allows them to know the homework to be done, to have reminders about the deadlines and the need to complete the homework.
Short term office rental
As the number of freelancers and freelancers continues to grow, the demand for coworking spaces and temporary offices is increasing. The trend is affecting companies that prefer to save on office maintenance. Short-term rental of a workplace is a profitable business that leaves room for negotiations between a specialist and a client, meetings of employees of different departments and conferences.
Cook and deliver healthy food
There are many business ideas for healthy eating startups. Proven ways to earn money are the production of healthy sweets like raw green buckwheat cakes, natural fruit marshmallows, ready meals with a calorie calculation (with home or office delivery).
Farm products, sets of greens and vegetables are popular. Health conscious people will surely appreciate the ability to order healthy cocktails from an online vitamin bar.
The business idea of developing a startup in rural tourism is close to entrepreneurs who had to postpone long-distance trips during the pandemic and spend weekends out of town.
A site in a village, with some effort, quickly turns into an eco-farm open to visitors or a festival venue. A field strewn with flowers – tulips, sunflowers, lavender – is an excellent place for romantic dates, family walks and photo shoots.
Manufacture of clothing or furniture
Creating original things is a great idea to start with little investment. Jackets, sweatshirts with painted sleeves, t-shirts with an unusual thematic print, shoes with embroidery – the techniques used may not be new, but your imagination can help bring them to a new level. Similarly, you can have fun making dishes, furniture or other interior items.
Vocational courses for teenagers
Employers raise specialists literally from school. If you have specific skills, a startup idea with minimal investment is ready. Promising areas are website development, programming, design, and motion graphics.
To be successful, it is necessary to study the needs, interests and problems of the target audience. Most of the time, startup ideas for small businesses arise spontaneously.
Authors biography :
John is a financial analyst but also a man with different interests. He enjoys writing about money and giving financial advice, but he can also dive into relationships, sports, games and other topics. Lives in New York with his wife and a cat.