If you're interested in starting a business from home, take a look at these businesses you can start with $500 and $1000. It's important to also consider the cost of any permits you'll need on the local, state and federal levels before starting your business, to ensure you're completely legal to be operational.
Freelance Writing
If you've got a decent grasp of grammar, anyone with a good area of expertise can become a freelance writer. You'll need a reliable computer and a word processor. Write up a few samples so you'll be able to show them to potential clients. Many websites hire freelance writers on a regular basis, and there are bidding sites allowing clients to list projects for writers to bid on.
Freelance Web Design
If you've got what it takes to build websites, you can make money doing that from home. You'll need a reliable computer or two, the appropriate software and a portfolio to show work you've done. Software may take the bulk of your startup budget if you want industry standard, top-of-the line equipment, but there are alternatives to help you save. You don't need a web design or web development degree to succeed in this area if you have experience to back you up. Fill in work gaps with projects from freelance bidding websites.
Bookkeeping/Accounting
If you're good with numbers, or just happen to have an educational background in accounting, consider approaching other businesses about handling their books for them. You'll want to invest in good software, and consider getting a pre-paid legal plan to help back you up in the event a client is upset with something you've done. Also, don't neglect your own business records by getting too busy with others.
Direct Sales
Direct Sales involves becoming a consultant for any number of possible businesses. Company rules and requirements will vary from place to place, however, many of them will require the consultant to purchase a kit including demonstration products and business paperwork. What you spend will depend on the company you decide to work with. Many companies have different kit options, so you can purchase the one that best fits your needs. Companies to consider include:
- Pampered Chef
- Tupperware
- Passion Parties
- Avon
- Gold Canyon
Whatever your interest, you can find a direct sales business to join. This will require a lot of dedication, and may be difficult to start up if you're not a good sales person. Each company will have training materials to help you.
There are many businesses you can start with even less than $500, but in doing so, you risk losing money for advertising and marketing. Remember there are free methods to advertise and market your business. While it may be slow to start, don't get discouraged. You may have to continue a day job for a short time, but it will be worth it in the end when you have a thriving home business.
