Profitable Ideas for Low Investment Business
Partner with a Drop Shipper
Dropshipping is a low-investment way to test product-market fit and launch your original products. Just be sure that your supplier is reliable and that the quality is fit for selling to your customers. Without a doubt, it is a profitable business idea to start with low investment. Many look for better shipping services with timely delivery of products.
Design Print-on-Demand T-shirts
Design print-on-demand T-shirts is another profitable business idea to start with low investment. It puts inventory, shipping, and fulfillment in the hands of a third-party supplier. The focus here is on customizing these products with your own designs to create t-shirts, hats, phone cases, hoodies, skirts, tote bags, and more. You can become canvases for your creativity with witty slogans if there is passion and pride within a community.
Launch Your Own Book
A book is just another profitable best business idea to start with low investment to serve a particular demand in the market. There are a variety of original books you can bring to the market like cookbooks, picture books, comic books, poetry books, photo books, coffee table books, and novels. Print-on-demand publishing is a relatively safe way to get started while giving you control over the quality and look of your book. Lulu Xpress and Blurb are popular platforms for this purpose and distribute your own books as digital products.
Create Digital Courses
Digital products like music, courses, and templates are unique with the best business ideas to start with low investment. Unlike the others, there aren’t recurring manufacturing or shipping costs so your margins can remain high. The trick is figuring out what makes for a good digital product that people are willing to pay to download it. The answers range from original templates that help people level up their skills in a particular field. If you’ve got talent, you can think about packaging it into a new stream of income.
Create an Online Fashion Boutique
If you love fashion, you can consider creating your online fashion boutique. Moreover, sharing your sense of style online is a profitable best business idea to start with low investment. You don’t need to become a fashion designer to build your fashion brand. You can simply curate items from other vendors into your online store. From dresses, shoes, swimwear, accessories, and more, you can build an online following as a trend-setter.
Grow an Audience in Multiple Ways
In today’s connected world, growing an audience in multiple ways is an asset for the best business ideas to start with low investment. It is one that many businesses are willing to pay for and to convert into a business with multiple revenue streams. You don’t need to have a following on YouTube, Instagram, or a blog, to pull off a $10k product launch with only 3,000 followers
- Do sponsored posts on behalf of brands
- Become an affiliate
- Sell physical or digital products
- A combination of the above
