Everyone wish to become self-sufficient and financially secure these days.Everyone is juggling with ideas to build a business that gives them the freedom and flexibility to work and earn at their own pace. Creating and sustaining a business is more than just becoming rich. It is a way to pursue your passion and fulfill your dreams, while contributing to the society.
1) Social media.
Social media platforms like Facebook, Twitter and Instagram cater to a wide audience.Planning your posts accordingly and promoting them to target population can give your business a head start. All you need to do is display your products and services that you have to offer in a way that entices your target audience enough to raise some eyebrows and generate some interest.
2) Find free selling platforms.
Websites like Amazon, Ebay, many more are great platforms to sell products. They only charge a minimum amount as commission on each scale. It is important, however, to make sure your inventory stays updated on all sites at all times.It become good scope for the exposure of brand.
3) Collaborate with agencies and companies.
For instance, if you want to reach out to celebrities to promote your brand of apparels, you can always send them your products as gifts with a note of gratitude.
This is possible with right planning and specific expertise. Business ideas without the investment that you can start with –
- Baby Sitting
- Career Counselling
- Referral Marketing
- Event Management .Etc
4) Utilise low-cost services
Unfortunately, there are a few services that you’ll need to pay for to ensure your business gets the necessary feed to nurture and grow. However, you can always scout for business management applications and software that are available for a negligible monthly amount.
For example, if you want a design software to create brand presentation material, you can always look for web apps that offer a professional set up for a monthly fee of just about $5 to $10, or maybe you can hire an intern looking to build a portfolio.
5) Sell your services.
One way to start a business with little to no startup capital is to sell your services, instead of a physical product. There’s a huge variety of services you can offer, depending on your background and interests.
Some will require advanced degrees, such as accounting, while others require little more than a working knowledge of how it’s done (such as babysitting, lawn mowing or personal assistance). Because you are selling your services, you will need a branding plan to make sure your name and company gets in front of the people who may need the service. Some places that are free for promoting your services include Fiverr, Craigslist, Elance, Taskrabbit and Skillshare.