Looking for businesses you can start from home? Or more specifically, a business you can start for less than $1,000.
We’ve compiled a list of 5 businesses that you can start for a thousand dollars or less.
I’ve recently taken up photography and it’s going quite well. I’ve written how to get started in 8 steps here.
That post contains the basics of getting started as well as a pretty decent bundle to get you started with photography. It includes a great starter DSLR camera, a flash, two lenses, a tripod, a spare battery and other goodies that you’ll need.
Startup Costs: Under $700. It can be more if you go for more upper end equipment, but $700 should suffice.
Potential Income: I started out charging $50.00/hour with similar equipment to that listed above, but you can set your own prices.
Take It Further: You can take it to the next step if you do photo enhancements with software like Photoshop, or offer your own printing service. Otherwise just have them printed at your local Kinko’s or Staple’s.
You may also consider getting your own backdrops and lighting, creating the right setting will make your photography more professional.
2) House Cleaning
A house cleaning business is pretty simple and straight forward. While some people are too proud to clean house for others, it can be a great business opportunity others. The fact that a lot of people don’t actually want to do this, makes the market for it even better as there will be less competition.
Startup Costs: Under $500. You might actually be able to get away with spending much less, but I am assuming that you don’t have anything. You’ll probably need a vacuum cleaner, a broom, a mop, rags, and different cleaning solutions.
Potential Income: The prices you set should be based on the services provided. Basic home cleaning is usually charged at an hourly rate around $25.00/hour. Your prices may vary based on where you live.
Take It Further: If you can, try to offer services outside the home, consider cutting the grass or other landscaping services.
3) Computer Repair
If you are tech savvy, you can start your own computer repair business. Believe it or not it’s not that difficult. Most issues can easily be resolved with the help of Google believe it or not.
Startup Costs: In some instances you can get started for free. You might have to spring for a screw driver and a few cans of air, but any parts you need should be at the expense of the customer.
Potential Income: I’ve made anywhere from $25.00/hour to as much as $75.00 an hour on repairs. You can decide your own hourly rates.
Take It Further: Why not try expanding your services to building computers. This also isn’t a difficult task and it goes hand in hand with repair.
4) Child Care
I’m going to go out on a limb here and bet that you or someone you know has a child. If so you probably know just how much babysitters are getting paid.
Startup Costs: If you are planning to do this from your home, consider the price of things like child proofing and possibly things to entertain the child. You costs shouldn’t be over $200.
Potential Income: As I said earlier, if you know anything about child care, you know that they get paid pretty decently. Usually between $125 and $250 a week, per child.
Take It Further: Not really sure how you can take this any further, but if you have ideas, feel free to share below.
I hate the fact that freelancing is ignored so much. I know a lot of people give it a try and they don’t think they can make any real money doing it.
Startup Costs: Depends on what you are doing, a freelance writer has little to no startup costs if they own a computer. It’s all about what you are doing.
Potential Income: No limits. It’s all about what you do.
Take It Further: Sell yourself better. Start your own website with an online resume. It will show that you are serious about freelancing and the work that you do.
-Bonus- Oh But Don’t Stop There -Bonus-
I didn’t include blogging as a business idea because it is spoken of so often, but don’t be quick to ignore it’s earning potential. The best part about blogging is that you can potentially turn anything that you like to do into a career.
While most bloggers don’t make it out of the gate, it’s very possible to make a full salary blogging if it’s done correctly. It can take months or years of trial and error to get it right (speaking from experience).
Moment Of Honesty: I completely failed my first year at blogging. I believe I made less than $50.00 that entire year. I didn’t give up though, I pushed forward until I made something of my blog.
I invite you to take part in some awesome training that I came across that should help you avoid all of the trial and error. You are given free truing and two free websites to begin your own blogging career.
Do yourself a favor and learn in a week or two, what took me over a year to figure out.
Startup Costs: Depends on how you take it, you can start a blog for free on websites like blogger.com. If you decide to go a bit more reputable, you can usually get a domain for less than $10.00 a year and hosting for $100.00 a year or less.
Potential Income: Starting out bloggers don’t make too much, it’s all about building residual income. You make a webpage today and in theory it pays you forever.
Take It Further: The best way to take blogging further is to do it right. Get the free training and make sure you don’t fail before you start.