The post-pandemic economic boom has seen a large number of people starting side businesses. However, not everyone has a large amount of cash to invest. Fortunately, there are many ways to start a business with minimal initial capital. Here are 5 business ideas you can start with just $500 or less.
Mobile food shop
A mobile food shop is a great business idea for entrepreneurs who are looking for a low-capital investment. Popcorn is a favorite snack for many people, and there are many different flavors available. Starting your own business is simple, and you can start selling gourmet popcorn tomorrow. Another food business idea for entrepreneurs with low capital is to start a juice bar. This business involves preparing the food at home, loading it into a van, and parking it in a busy area. This food van can also sell ice cream and soft drinks.
Decorator business
If you’re an interior decorator with years of experience, you can turn your skills into a business. You can create interiors that look brand-new while saving customers money. You can also refurbish items that are dated and outdated and offer them a new look. There are even TV shows that feature interior decorators.
Fitness center
If you’re looking for a business that requires little startup capital, you may want to consider a fitness center. While it is important to have proper funding to start a business, there are many ways to get started with low capital. Here are some ideas to get you started. Start a membership-based fitness center. You can use membership fees to hire trainers and coaches. In addition, you can sell apparel and supplements to members.
Another great way to generate income is by selling branded merchandise. This can be a good source of extra income or a way to cover certain revenue gaps. In addition to selling branded merchandise, you can also offer discounts and lucrative offers to gym members. Some gyms also offer childcare services.
You can also sell healthy foods. A fitness studio is a great place to build a community. Organize outings for members such as treks or handball games. These trips are great for building community and dialogue. Organizing such activities will attract people and keep your center hopping.
You can also use your blog as a promotional tool for your business. You can post information on fitness training trends and advertise products on your blog. Creating a video blog will also give you a platform to share your business with the world. Another great fitness business idea is to sell supplements. This type of business is booming online. You can use your connections to encourage others to buy supplements and other products.
Outdoor fitness classes are also popular. People love to exercise outdoors. Outdoor fitness classes can be offered for a fee or as a drop-in service. Many gyms have also moved classes outdoors. Another example is a neighborhood 5K training series. You can also host yoga classes at the beach. If you choose to teach classes outdoors, you should keep your equipment light and portable. In addition, you should research local regulations and obtain park permits.
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