How To Start A Business With 100$?

Have you ever thought about how to start a business?

There is nothing holding you back without you. With only a $100 investment, you can start so many businesses. 

Investments To Start A Business

However, before giving your ideas about how to start a business, here are the expenses that you have to bear.

  • You will need a business plan before starting a business. You can do it by yourself, or you can ask for expert advice. This will not cost you any penny.
  • Now, you need a name for your business. 
  • Web hosting can cost a few dollars. You will need a website to operate your business. This will cost you around 50 to 60 dollars.
  • You will also need a domain name; this is also free.
  • You will need a Google Workspace; this will cost you around $6 per month.
  • Social media accounts are essential for marketing, spreading awareness, and authenticity. This is also free. You will need social media platforms to grow your business.
  • For marketing and giving online advertisements, you will need money. The cost depends on you. You can also do organic SEO. 
  • If the business runs well, you can upgrade tools and invest more in marketing and advertising.

Avoid These Factors For Unnecessary Expenses

Always remember that every shining thing is not gold. So, don?t waste your money on unnecessary factors. There are so many articles that will tell you how to start a business, but they will also cause you to invest in unnecessary things.

 Try to avoid these things.

  • You do not need business cards in this digital era. Everyone has a smartphone in their hand.
  • You don?t need any fancy website for your start-up. But, in the beginning, you just need a working website.
  • A creative and deep logo will work better than a professionally designed logo. This will not cost you anything.
  • At the start of your business, you can work with your personal bank account, you don?t have to open a business account.
  • You can work as a copywriter for your own website and business, just before publishing, check the grammar, spelling, and wording. 
  • You don?t need to register your business as an LLC.
  • Web design services are expensive, first few months and years, you can do it by yourself.

Different Business Ideas

I think you have understood where to invest and where not to invest. Think wisely before investing.

Now, here are some ideas for starting a business.

1. Sales Representative

You can be a sales representative for so many companies. You only need to promote products through social media and try to sell their products online. There are companies like Mary Kay, Avon, and, Pampered Chef where you can start a sales representative with only $100.

2. Consulting

If you have a lot of information and knowledge in a specific field. You can start a consulting business. This business will not cost you a single penny. Only marketing and networking will cost you.

3. Senior Home Companion

There is an estimation that in 2060, around 98 million aged people will be. So you can give them company and take care of them in their old age.

4. Online Tuition

There are a lot of students who want assistance in their subjects from elementary school to college. You can start online tuition classes if you have expertise in any subject.

5. Freelancing

You can have specialization in many things, such as writing, web development, designing, business planning, or any other. There are so many websites that offer you to do freelancing jobs, and clients will pay you. 

6. Vlogging

We all have a smartphone, laptop, and internet connection. If you visit new places regularly, you can start a youtube channel, and this is an excellent way of income.

7. Renting Services

There are so many things that we own in our daily life, but we do not use those. If you have these things, you can rent those to other people. You can charge them daily, monthly, or yearly. Also, you can buy stuff for $100 and start to give those things on rent.

8. House or Baby Sitter

You can start as a house or babysitter. This will not cost you a single penny. However, you can make some brochures and flyers to advertise your services. Excluding this, you have no expenses.

9. Landscaping Business

You can buy tools and landscaping things for $100. And start your landscaping business within a few days. But, first, you can start with your neighborhood.

10. Delivery Service

You can add a few people under you. Then start a network for delivery services. For example, you can be a middle-man who buys and deliver grocery items.

11. Writing e-Books

If you want to share your knowledge and experience, you can write e-books online. For the first few months, you will need to market your product, then it will be easy for you to run the business.

12. Blogging

Blogging is a great way to start a business. In the beginning, you need to increase your followers. Once you reach a decent amount of followers, you can sell ad space. You can also do affiliate marketing.

I think now you have a pretty good idea about how to start a business. Here are some bonus ideas that you can imply.

  • Cleaning Service
  • Interior Designer
  • Flier Distribution
  • Programming
  • Virtual Assistant
  • Social Media Handling
  • Project Management
  • Catering Business
  • Resume Writing
  • Holiday Decorator
  • Flipping Websites
  • Tour Guide
  • Affiliate Marketing
  • Dropshipping
  • Pet Grooming
  • Event Planner

Read Also: Dream Land Estate, Follow The Fashion

Final Words

I have just given a brief on how to start a business with 100$, but there are millions of new options that you can try. You need to be creative and innovative to do that.

If you have anything that you do not understand, feel free to give feedback in the comment section. I will definitely get in touch with you.