1. Freelance Services
If you have a skill—writing, graphic design, web development, or video editing—you can start offering freelance services with little more than a laptop and internet connection. Use platforms like Upwork or Fiverr to find your first clients.
2. Online Tutoring
Teaching subjects like English, maths, coding, or even music online is a fast-growing market. All you need is a webcam, Zoom account, and a subject you’re good at. This is a great low-cost way to earn income while helping others.
3. Social Media Management
Businesses need help managing Instagram, Facebook, and LinkedIn. If you’re savvy with content and know how to grow engagement, you can start this business with no physical product and little up-front cost.
4. Dropshipping
With dropshipping, you sell products online without holding inventory. When a customer orders, the supplier ships directly. You only need to pay for a website and marketing. Shopify is a popular platform for this.
5. Blogging and Affiliate Marketing
Starting a blog costs less than £100 for hosting and a domain. Once you build traffic, you can earn from ads and affiliate links to products or services you recommend.
6. Virtual Assistant
Many entrepreneurs and companies are hiring virtual assistants to manage email, schedules, and research. This business requires only organizational skills and a stable internet connection.
7. Cleaning Services
A basic cleaning service can start with minimal supplies. Offer domestic or commercial cleaning in your area. It’s a reliable and scalable business with steady demand.
8. Pet Sitting or Dog Walking
With just a few clients, you can turn your love for animals into a business. Start in your local area and expand as you build a reputation.
9. Digital Product Sales
Create and sell digital products like eBooks, templates, or online courses. There’s no inventory, and profits are often high once initial setup is done.
10. Personal Fitness Coaching
If you’re certified or experienced in fitness, you can offer coaching online or in-person. A free social media presence and a few testimonials can help get your first clients.
Frequently Asked Questions
What’s the cheapest business to start?
Freelancing, blogging, and virtual assistance are among the lowest-cost businesses you can start from home.
How much money do I need to start a business?
Some of the above businesses can be started with less than £100, depending on your niche and tools.
Can I start a business without quitting my job?
Yes. Many of these ideas are perfect as side hustles until you’re ready to go full-time.
Do I need a license to start a small business?
Depending on your country and industry, you may need to register your business or obtain licenses.
Which low-cost business is most profitable?
Digital product businesses, freelance services, and dropshipping can be highly profitable with the right strategy.
Conclusion: Start Smart with Low Investment
Low cost start up businesses offer a great way to enter entrepreneurship without high risk. With creativity, dedication, and minimal investment, you can start generating income and build a business that grows over time.