Business ideas with low investment and high profit

Business
1. Jun 2022
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Business ideas with low investment and high profit

Standard working hour, i.e. 9 to 5 are outdated in today’s generation. In this generation many are running towards starting their own business where they are self-employed. Self-owned businesses are for those who don’t like to work under a person or may avoid poking of a nose of various unwanted people and also enjoyed by flexible working hours.

Now, the question arises that what business one may start? And is it worth risk taking? So, here is the answer to all your what, how and why. Simple ideas to start up a business. And also if you are interested in new business ideas with low investment and high profit, here are some new business ideas.

1) Blogging

You can write your own content for your own website if you are good at writing content. Blogging can earn you a lot of money through advertising and affiliate marketing. Blogging is a great way to make money because you can earn through Google AdSense as well as guest posting.

2) Photography Company

If you have good photography skills, a laptop, and knowledge of how to use editing software, you can open a photography studio. In today's technological world, you don't need to own a physical studio because you can market your work on the internet and easily engage in shoot contracts.

3) Print on Demand Business

Think about starting your own clothing brand and selling clothing products bearing your branding. You can start clothing, sandal, and even backpack brands with unique designs. "But you may not have the capital!". I have some good news. Print-on-demand requires no investment.

Print-on-demand is a fulfillment model in which you only pay after a customer places an order. This dropshipping model allows you to pay for the product and keep the difference as profit.

4) Buying and Selling On Londaa.com

It is simply the purchase and sale of a concept. Sell your out-of-date and no-longer-needed items on londaa.com, a platform that connects buyers and sellers directly without the use of an intermediary. It pays you well for products that you believe are no longer usable. Don't bother asking me again about new business ideas.

5) Establish an Online Gaming Center

Another flourishing and profitable business that a person under the age of 21 can successfully launch is an online gaming center. Gamers from all over the world visit gaming websites to register and play their favorite games. So if you are thinking of making money from the internet, one of the ways you can make money only is by starting your own online gaming business; a website like rummycircle.com can make you a lot of money as everyone like to play rummy.

6) Sell eBooks

It is a platform for aspiring authors or diary writers to earn some extra money. You can easily make money from your passion for writing. It does not necessitate professional writing ability or factual thinking. You can share your personal experiences in simple language because today's generation appreciates simple slang. For example, if you are skilled in marketing, you could write a book titled 'How to Become a Great Marketer.' There are many people who would be willing to pay for such books, especially if they are inexpensive and simple to download.

7) Sell photos

Do you love clicking pictures and have a passion for photography? If so, you can make a nice living for yourself by selling your photos online. There is nothing free in this world, same for the billions of images on the internet. All you need to do is create an account on a concerned website and upload your images with the reasonable price range you want for the particular image. There are several websites which sell a photo. Top rated sites for sale and purchase of pictures are shutter shock and Fotolia. These sites also provide enticing incentives for conducting photo shoots.

Find cameras on londaa.com

8) Online Store (eBay)

Shopkeepers, this is the type of job where you do not buy and store products in your stores. This type of business does not necessitate a large investment. All you have to do is upload a list of products to e-commerce websites like eBay, Flipkart, and so on, and then supply the product when a customer places an order.

9) Drop – Shipping 

It is a straightforward delivery job. Every e-commerce website nowadays requires a delivery partner, for which you only need your personal vehicle and a valid driver's license. It could be a salaried position or a per-day wage position. All gasoline expenses are paid in addition to the salary. This is a time-consuming but simple task.

10) Join Affiliate Marketing

Now you can earn reasonable money with a click on reference link. As E-commerce websites like Flipkart or Amazon, today provide a referral link to sell their product. These links leave referral bonus after completion of sale or purchase. You just need to supply these links to the appropriate buyer and that same buyer will land on the page where he can buy the product he went. Once the sale is completed and the buyer has received the product, a referred amount will be credited to your account.

11) Freelance writer

Today, every online and offline business requires the services of a content writer. All you need is correct grammar knowledge and the ability to choose appropriate or appealing words for your content. You can apply for these types of content writing jobs or approach a consultancy firm to have your work communicated to the appropriate firm.

12) Website for Classified Ads

It was a gleaming future, as more and more people around the world used the Internet to search for local products and services. Prior to the advent of the Internet, classifieds websites had a sizable market. To build a classifieds website, first select the theme of the word press, yes! Word press is the right open source platform to build a classified website. Coding knowledge is not necessary to build a classifieds website.

13) Nutritionist

Today’s generation is health conscious and gym freak. Thus, requiring a dietician who can guide them with the correct diet plan for their admired physic. It is not important to be a gym freak to follow a correct diet, you can have right nourishment to stay fit, healthy and any type of disease.

14) Travel Agency

Today’s generation loves to travel. So, starting up your own travel agency is a good idea. It is easy to promote your agency on social media platform today through blogs and giving out exciting offers. Introduce an exciting package including travel expenses, hotel bookings and food at the lowest prices for attracting more and more people.

15) Social Media Services

Today social media play the important day for the website growth. There is the high demand of an expert marketer who can get like likes and followers to the companies on the social media platforms like FACEBOOK, PINTEREST, TWITTER OR INSTAGRAM for the popularity among the general public. This criteria may directly affect their sales of the company in a positive way. You can run your own blog and market it in the same way to get famous and earn through it.

16) Offer Web Designing Services

Another good way to make money in the tech world is to provide web design services. Platforms such as FIVERR offer exciting deals at low or affordable prices. The same services are offered by over 350 million websites. This field has a lot of job opportunities.

17) Soft Drink Retailing

It is a local business job that necessitates frequent visits to retailers, wholesalers, and consumers. There are various soft drink brands (Coca Cola, Thumbs Up, Sprite, Pepsi) all over the world, as well as many companies that manufacture these soft drinks. In summer, people love to have ice-cream and soft drink, so if you are looking for making money, then this is one of the good options to go on the sale of soft drinks.

18) App Development Company

Most of the people have pursued and continue to pursue the IT engineering that gives away the knowledge of app development. Therefore, you can start up your own app development company. Today, every kid or even their parents love to use new apps and also wish to own one.

19) Online Event Planning

You can be an event planner. It is not any kind of wedding planning. It plans or hosts the mergers of companies, meetings of companies with their clients. This business involves healthy working environment. There are many websites like meetup.com which organize many events for the student, office person and more.

20) Make an Application

There are some applications like TAPCASH and TASKBUCK that works on a reward basis. These applications are user-friendly and give away up to 300-400 to the user from recharges. This application leaves 40 to 50 thousand per month to owners of the application. Hope you work on some business ideas in Uganda For Beginners.

21) Video Marketing

Everyone desires to become rich without making investments, i.e zero investment. It is not impossible in this world. You just need to put your efforts and mind at the right. You can have your own Youtube channel and post the videos related to your cooking skill, any prank video followed on any friend or family member. You just need to upload stuff that is loved by public or if they don’t love it, they should not get bored watching it. So, be funny or be interesting in your videos.

22) Baby Sitting

It is the old school jobs for the teenagers who could take care of their younger brothers and sisters in the free time and can earn a little extra pocket money through it. Parents happily pay for this kind of stuff as they get a few hours off from their tiring routine.

23) Water Harvesting

Rain water harvesting means storing the water for the future usage. Every village or big towns today face water scarcity. Therefore, it is necessary to save water. You can arrange a system to save water by yourself or else get the permanent job done by the professional civil engineer.

24) Pet Care

You have the potential to be a pet trainer. Three out of every five families have a pet in their home. At the same time, these families require the services of a trainer who can teach their pet to be civilized or attentive to what the owner commands.

25) Gardening Services 

When people buy a house in today's economy, they look for the best view and terrace garden. So that they could enjoy the green environment in their homes when they awoke or slept late. As a result, you could offer gardening services. If I did not make myself clear, please do not ask me for new business ideas again.

26) Binary option 

A binary option is a financial option in stock trading that can pay out large sums or nothing at all.

It is clearly a job based on a prediction. So, you could make $2000 a month or nothing. It is a play of call and put. Once your precision is good you can earn more than you imagine. You can apply for the binary option from the platform like IQ OPTION.

27) SEO Services

As we all know every business has its own website, but having a website is not enough, you need to rank it on Google search engine also. So that you get the real customer from it. Therefore, people hire SEO expert to rank their website for a particular keyword. You can open your own SEO Consultant services online just by Learning SEO on Youtube.

28) Network Marketing

It is the old school technique of marketing. It is followed to build up a chain of people under one brand name. Popularly known brand TUPPERWARE follows this kind of technique to sell their product worldwide. This job requires patience and good conversational skills.

29) Share Market Trading Services

You can be the broker in share market. It requires little bit study of market stats and skill to convince people to invest through you in open share market. The knowledge about the share market is easily available on Youtube. Learn and earn.

30) Floor Milk Services

Flour mill service is the door to door supply of milk and another old school business technique. Every single individual today is lazy to get up early in the morning and get milk. Thus, easily convinced to pay for this kind of services.

31) BPO

It is easy to get a job in BPO. It doesn’t require good English skill as there is also BPO that want to hire Hindi speaking employee. One drawback of this job there is, no flexible working hours but you can earn more and more by incentives.

32) Electronic Store business idea

In this tech world, there is high demand for gadgets like smartphones, TVs, Ipads and laptops etc. If you really want to make investments, invest in this business gives the high outcome.

33) Photography

Became a Professional Photographer. It is competitive but if you have a good capturing stuff become a better photographer. You can earn money by listing your photography portfolio at shutter stock and make client from it.

34) Web Designs

This Business idea is for IT Specialist. If you know how to use Photoshop, illustrator, other software than you can open your web designing Company. For opening the Company you need to be expert in these skills.

35) Marriage Bureau

This is the part time business idea which can be done from home – Marriage Bureau. This business does not require investment just need few good candidates who are looking for life partner.

36) Coaching Classes

Every undergraduate student needs a good tutor. If you are good at any subject and good with children, open your own coaching center. It is the business with the lowest investment with high return with almost no risk.

37) Smartphone Sale and Repair

In this tech world, you can open a business to repair and sale of gadgets. It could be easily learned in diploma courses. No need to pursue any higher studies.This is the good business ideas.

38) Dance Classes

If you are a good dancer then, open your own institute to teach dancing. People love to dance and also opt it as co-curricular to stay fit this busy world where no-one has time to spare for any kind of stuff. This could be the one place where they can forget all their worries and enjoy at the same time stay fit.

39) Resume Writing

The resume is the key substance to crack an opportunity to have a personal interview. HRs of MNCs are attracted to great CVs. Thus, it should prepare in the same manner. It could be one high rated business in Uganda.

40) Toy Shop

Children get amazed to see toys around. You can open a toy store or play yard for the children where they can play with any toy they want. You can charge a ticket on an hourly basis.

41) Game Parlor

You can open your own gaming parlor. Children have an insatiable desire for games, but old games are the real deal. A teen can spend hours playing on an old machine. You simply need some space and money to purchase an old machine.

42) Taxi Services 

If you have a personal car, convert it into a commercial taxi and earn money from it. It's the type of business that's in high demand right now. Contracts with large corporations such as UBER and OLA are possible. This is one of the best and most profitable business ideas.

43) Advertisement Guru 

You can easily create a mind-blowing advertisement if you have a creative mind. The large firm is always on the lookout for a creative mind who can add value.

44) Animator

Animation and the gaming tech are growing pretty fast in today’s world. If you have the knowledge of making cartoon or animation then you can rock on this world by starting up the business in this field.

45) Catering Services

People often look for the good Catering Services for the occasions or holiday or festival. If you are good at managing and serving healthy and tasty food you can bang on this business.

46) Party Planner

In a Big City, throwing a party has sort of grown as a culture in the modern era. If you are thinking about starting a business in this industry, providing planning services for a party is one of the best business ideas.

47) Translation Services

In this modern era, many companies working on the globe face problems related to language. A translation service would be great to solve the purpose in all sorts of documents and it is a great source of revenue. Meanwhile, they will be a massive source of legal and medical companies. If one specializes in the language(s) they speak fluently, there is room for business in this area too.

48) Used Car Dealership

Buying a car is a dream of every middle-class person in Uganda. However, due to Uganda's economic situation, people prefer to use/purchase used cars. As a result, it is also a good business idea to open a dealership and sell cars for a commission.

49) Taking a Child to School

In Uganda, three out of every five parents work to support their families. In fact, they don't have time to care for their children. For example, dropping off and picking up children from school. As a result, one can train to become a professional driver who transports children from home to school and vice versa.

50) Match maker 

A match maker is someone who works to find the right match for two people of opposite sexes. It is a good business idea for anyone who prefers to work from home or has a big social circle.

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