21 Businesses To Start On A Shoestring

21 Businesses To Start On A Shoestring

21 Businesses To Start On A Shoestring

Dear Reader,

Click here if you would like to buy Ebook: 21 Businesses To Start On A Shoestring by Shelley McNeil

Click here if you would like to buy Ecourse: 21 Businesses To Start On A Shoestring by Shelley McNeil $97

This article is for people who are thinking about starting their own business and who are looking for inspiration about what may be possible, and who may be considering any of our suggested 21 Businesses To Start On A Shoestring.

Many people think and dream about giving up their salaried employment and running their own business, but the big question is – What To Do? and When to Do it?  and How To Do it? It can be especially difficult if you have just one wage or salary earner in the family and ongoing family expenses and commitments. Simply put, you need money coming in every month to pay the bills.

Here we offer some suggestions for 21 Businesses to Start On A Shoestring, which may give you some inspiration about what you yourself could do. Maybe this article will inspire you to start a new chapter in your life, running things the way you want them done.

Some of these businesses can be started part-time, working from home, so you do not need to take the risk of giving up your paid employment until you are sure that you are generating enough income regularly to be able to do that, and then work at your business full time.

Do You Need Capital To Start Your Own Business?

To be absolutely honest you do not need a lot of capital to start your own business working from home. It depends on the type of business which you choose and what equipment may be necessary to fulfil the business.

It is usually fairly useful to have a computer and internet connection, but if you do not, then there are things which you can do.

Avoid Buying Franchises (unless you know you have sufficient capital and spare cash available)

If you have a particular skill then there may be franchises that suit you, and some franchises can give you support and ensure that your business can survive.

The thing to remember though is that normally the franchisor will not find clients or customers for you. Even after you have paid the upfront fees and the regular monthly franchise fee, that you will have to get out there and find your customers.

Think realistically about where those customers will come from and how long it may take to find them so that you have some cash flow being generated.

Avoid Buying Premises

The first thing to avoid is too much overhead. So do not even think about buying premises.

Start your business working from home.

Sometimes a low-cost way to get started on retail outlets is to have a pop-up store, which you can place in a suitable location, either in the marketplace or in the Shopping Mall, for which you will have to pay a pitch fee.

Avoid Leasehold Commitments

If you absolutely must have a shop premises then rent space from an existing store at low cost and for a limited period, such as weekly. You should avoid lease commitments for years and years, where irrespective of whether you are making money or not, you are committed to paying the lease.

Avoid Hire Purchase Or Leasing Of Vehicles

Until you have cash flow coming in regularly and you are sure that you can meet such rental or lease payments, then avoid renting or leasing vehicles. It is better to use your old vehicle even though it might not be entirely suitable until you get your business off the ground. Borrow a vehicle if you have to, or use public transport, but avoid having large fixed payments monthly, which if you do not meet them means that your vehicle will be repossessed, and your credit rating will suffer.

Decide What Service You Can Offer to People

What are you good at?

Answer this question honestly and see if you think there will be people who will pay for such services. Maybe you already know your future clients and customers and they recognise your skills, which they will be prepared to pay you when you become Self Employed.

If you have carried out some training and have some skills, then probably these will be the sort of services which you can offer and which people will be prepared to pay you for, at the market rate.

Let people know that you are available to do such work, all your friends and acquaintances, and publish your services on Social Media regularly. It is surprising how people have needs or problems which they must solve quickly and all of a sudden you will find yourself in demand.

Here are some suggestions for services which you could offer, depending on your skillset, but with little experience:

• Doing Odd Jobs For People – Older people especially often need small jobs around the house done, for which they are prepared to pay someone.
• Babysitting -There is always a demand for babysitters, so you just need to make sure you get paid a good rate for your time.
• House-sitting – People sometimes want their house occupied while they go away on holiday or business and you can offer such a service.
• Labouring – If you have no other skills, but are fit and active, then you may be able to find work labouring on construction sites. This can be pretty hard though.
• House clearing and Disposal of Rubbish – Carrying waste and unwanted items to tip for recycling is a real need and you can offer such a service if you have a suitable vehicle. Beware that as a business you must pay for disposal fees which you will have to pass on to your client or customer.
• Assisting with small businesses, either as a sales assistant or offering more specialised services such as book-keeping if you have such skills. Sometimes you can support more than one business and have part time jobs in more than one shop.
• Doq-Walking
• Painting and Decorating – you need to know your limitations.
• Seamstress & Curtain Making
• Catering – do you have culinary skills and training?
• Typing or Wordprocessing services
• Data Entry Services
• Freelancing – You can offer your services as a Copywriter, or a designer if you have such skills, and you can offer your services on such Freelancing websites as Fiverr.com, or Hirewritier.com
• Make Money Online – There are opportunities to Make Money Online, but it takes some work and you will need at least an internet connection, and a computer or device of some sort, even if it is just a mobile phone.

Regarding Selling things there are lots of opportunities, one of which is Affiliate Marketing.

What this entails is advertising other people´s products for sale, and when someone buys from your Affiliate Link, then you receive a commission from the Vendor. Affiliate Marketing really is big business and there are many very wealthy affiliate marketers who have made fortunes from such businesses.

Click here if you would like to buy Ebook: 21 Businesses To Start On A Shoestring by Shelley McNeil

Click here if you would like to buy Ecourse: 21 Businesses To Start On A Shoestring by Shelley McNeil $97

Make Money Online Writing With Wealthy Affiliate

There is an online community and software platform called Wealthy Affiliate which teaches you how to Make Money Online Writing, and how to build an online business, which can grow and grow and provide you with passive income from your websites that generate money even when you are not working.

You are taught how to find a Niche, which will be your group of loyal customers, and how to write fulfilling their needs and offering value to help solve their problems or pain points.

You can register with Wealthy Affiliate for FREE, and have the opportunity to try out the first 10 lessons of training, and set up 2 websites and use them indefinitely, again for FREE.

If you decide to upgrade to Premium membership then it will cost you $49 per month to be a premium member for which fixed price you have access to the whole extent of the training and support facilities which are massive.

If you are interested in this idea and think it could suit you as a business which you can do from home, then check out our articles:

• Make Money Online Writing With Wealthy Affiliate.
• Why You Need Wealthy Affiliate To Make Money Online Writing.
• Success Stories From Wealthy Affiliate.

Businesses To Start On A Shoestring – Ebook and Ecourse – 21 Businesses To Start On A Shoestring

See the ebook and ecourse which is available from businessestostartonashoestring.com, which shows you step by step over 8 weeks how to go about setting up your own chosen business. The ebook is FREE, just click here, and you can get a taste of what the ecourse is like.

If you decide to take the ecourse, then it is available for a very reasonable cost of $97.

Click here if you would like to buy Ebook: 21 Businesses To Start On A Shoestring by Shelley McNeil $17

Click here if you would like to buy Ecourse: 21 Businesses To Start On A Shoestring by Shelley McNeil $97