Have you always wanted to start a business to pursue your passion, or even just as a side hustle? Many people do, but they feel like they lack knowledge, experience, or funds. But lacking any or even all of these three things is no excuse.
Establish a community need or work from your own passion and skills to begin. With the spikes in income and consumer spending, now is the time to invest in and develop your small business idea. If you are still convinced that you need money in order to make it, then here are three business ideas that won’t require a huge financial investment on your part.
Editor
If you have editing talent, a computer, and an internet connection, then advertise your editorial services. This is a skill that you can take to almost any business — nearly all of them need content, whether it’s an advertisement or an article.
Put your education to good use when finding clients, even if it’s not necessarily an English degree. Appeal to them using your knowledge or experience in your own field and impress them using your quality editing skills. Let’s say you have a degree and a few years of experience in public health: approach local clinics to work on their promotional materials and emphasize your knowledge in the subject matter.
Aside from being able to use your personal computer, another perk is being able to work from the comfort of your own home while gaining exposure to different business areas and expanding your client base.
Call center representative
Consider hiring yourself out to be a call center representative for a bigger company. With a good computer, reliable phone line, and the right type of software, you can really set yourself apart as a friendly and consistent source for customer care.
If you already have a computer setup and phone line, then your only real expense is towards the call center software. Your options here should include something like ServiceNow integration, which allows multiple communication channels and has a variety of functional features, such as a search option.
These options will give you the most flexibility when dealing remotely with clients on behalf of your client. Dedicating time to this and ensuring a positive customer service attitude at all times will help you maintain a good reputation and expand when you are able.
Translator
With knowledge of a second language, you can start a translating and interpreting business. Finding clients with a large foreign-language speaking customer base will yield the most interest in your services.
As long as you have computer access for translating written texts and transportation for in-person interpreting, your business is set without too many expenses, and you are free to work on establishing more clients. Then consider expanding by hiring employees who can speak other languages, and even by working remotely through secure communication software.
Languages such as French and Spanish are consistently popular, but the demand for languages such as Chinese are also showing growth. As an increasing number of businesses launch themselves into the global market, translating and interpreting will be in demand and your service will be ahead of the curve.
Looking for what is lacking within your own community will help you find out what kind of business will profit the best locally. Operating on your own and building your way to your small business is a great way to establish your know-how and become a better business owner as well.