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7 low-cost business ideas with high profits that you didn’t know!

low-cost business ideas with high profits
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7 low-cost business ideas with high profits that you didn’t know!

Low cost business ideas with high profits that’ll make you a successful business owner!

A normal 9-5 job, has limited many of us in our lives. It makes us get stuck in a position with almost the same amount of income for many years. In fact, there is not much room for improving when we are working as an employee for somebody else. Of course, we will be more experienced and our income will increase eventually, but it is nowhere near owning a business for ourselves! When we work for someone else’s company, we won’t be able to chase our own dreams. When we compare the 9-5 job with entrepreneurship, we can see that how much opportunity we are losing by not having our own business. On the other hand, stepping into the world of entrepreneurship could be challenging for many of us. Lack of sufficient capital, enough experience and skills makes it difficult for many of us to start a business. However, there are ways that we can improve our skills and experiences as well as starting a business with small capital. Here you will read about 7 low cost business ideas with high profits that you may not knew about. that can ignite the motivation in you to start your own business.

Table of content


Introduction of 7 low cost business ideas with high profits!
  • First low cost high profit business idea: IT support!
  • Coaching, a trending low cost business opportunity with high profit!
  • One of the best low investment high profit business ideas of 2021, dropshipping!
  • The online English tutoring business with small capital needed!
  • Low cost translation hub business idea with high profit!
  • Low cost business idea of food catering with high profit!
  • A great low cost business idea with high profit for photographers!
Blog at a glance

Introduction of 7 low cost business ideas with high profits!

low cost business ideas with high profits

Working as an employee for another company is useful for us to gain more experience and learn new things. In fact, it’ll make us ready for our own entrepreneurship path. But this will be helpful until a particular time. After that we can use our knowledge and experience for starting our own business! Besides knowledge and experience we would need investing money to start our business with. Many businesses need lots of money to start with and grow a business, however there are many opportunities put there for starting a profitable business with small capital! Therefore here I have introduced some of the best businesses to start with little money. These low cost business ideas with high profits are the best way to start our entrepreneurship journey with and become a successful business-owner!

First low cost high profit business idea: IT support!

One of the most successful small business ideas is to start an IT support company. Today, almost every company in the world use information systems and computers. Many of them need professional information technology support teams to manage their tech and IT department. On the other hand many companies are looking to outsource some of their sections. Here, one of the best low cost business opportunities with high profits born! If we have IT skills we can start our business by working with these kind of companies to make a good amount of profit. For growing this kind of business we can gather other IT specialized people in our company and recruit them for the companies that demand outsourced IT teams!

Coaching, a trending low cost business opportunity with high profit!

Coaching is one of the best businesses to start with little money. It is an online business that we set it up anywhere, a private office, home or even on the go! This type of business involves making video conferences with clients, either one-on-one or on-to-many, and helping them in the field they’re struggling. This happens by guiding the clients in that specific field, sharing experiences, giving them advices, motivating them and providing them useful knowledge for their desired goal! This business has many different fields that some of the most common ones include:
  • Business coaching
  • Career coaching
  • Financial coaching
  • Life coaching
  • Wellness coaching
  • Etc.
In fact, we can start this business based on the field we have the most knowledge and experience about with small capital!
Did you know?

The global revenue for coaching was somewhere around 2.9 billion US Dollars in 2019!

One of the best low investment high profit business ideas of 2021, dropshipping!

low cost business ideas with high profits

This one is my favorite one! Dropshipping is a type of business in which it involves selling products to customers that are not for us. It is one of the best low cost business ideas with high profits in 2021! In dropshipping, we would have an online store and sell products on it that are not in our inventory. We connect to certain suppliers and put their products on our website, once the customers put order and buy the product from our online shop, we would contact our supplier to ship the product to our customers. In other words, the products are in the inventory of the suppliers, yet we only put their pictures and descriptions on our online store where our clients can see and choose to buy them. Here we will receive the payments from the customers, deduct our profits and then pay the rest to the suppliers! Without doubt, dropshipping is one of the top small profitable business ideas out there.

The online English tutoring business with small capital needed!

English language is the most used language in the world as it is an international language used in many countries. Therefore the demands for learning English is so high throughout the world. Now with the development of internet and easier connections to people in other countries we reach to another best business to start with little money. Many of us know English language well! We can use this skill to be an online English tutor for those who seek to learn this language! This can be done by setting up an online platform where people can join and learn English professionally from us! This business does not need lots of money, therefore it is considered as of the low cost business ideas that have high profits. Even though we can grow this business bigger for more profits by recruiting other strong English tutors to work with us on our platform!

Low cost translation hub business idea with high profit!

There are many people out there that know more than one language. On the other hand there are many more people and businesses that need their translations to foreign language. The gap between these two groups has made this great low cost business opportunity with high profit. Here we can build a website which connects people who are good at different languages to those people or businesses who need it, making a translation hub. This is also another profitable low cost high profit business opportunity that we can start with small amount of capital!

Low cost business idea of food catering with high profit!

Food industry is one of the attractive and profitable fields in the world of business. There are quite lots of different restaurants and food caterings out there. This shows how high the demand is for this market. Hence, we can set up a home-based food catering business, in which we would provide home-made foods to those people who demand it! The large food industry has these opportunities in it, as a result it would be a good low cost business idea with high profits for those of us who are expert in cooking delicious food!

A great low cost business idea with high profit for photographers!

low cost high profit business ideas

Starting a stock photo business would be a great idea for photographers. There are lots of demands for stock photos out there. Many content creators or other people need stock photos! Therefore if we have the right skills for photography, we can start a money generating business with small capital. We build a simple website in order to upload our stock photos on it. Then we can make some subscription plans for the customers, so that they can pay on a monthly basis to be our website’s members and use our stock photos! A stock photo website based on subscription plans is without doubt one of the best low cost high profit business ideas for 2021!
Did you know?

More than 50% of GDP from developed countries are generated by small businesses!

Blog at a glance

Almost every profitable business needs initial money to start with, so for many of us this has turned into one of the main barriers for stepping into the world of entrepreneurship. However, if we take a closer look to the ocean of businesses out there in the world, we can recognize many profitable opportunities that do not require big amounts of money to start with. Some of those low cost business ideas with high profit that you not knew about are written in this blog, in order to inspire and motivate you to take an action and start something. Because without taking the first step we will never succeed! Beside these ideas we should keep in mind that the most useful resources that we can have besides money is our time, skills, knowledge and experience. So by learning how to manage our time, and working on the essential skills needed to start a business with, we will be able to start a profitable business with small amount of capital!

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