Best low investment business to start in 2020.


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Uploaded on Mar 17, 2020

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Best low investment business to start in 2020.

Best Low Investment Business to start in 2020 Build your own blog • There are thousands of bloggers who are making handsome six figures by writing about their passion or expertise. In fact, according to statistics, 73% of bloggers who earn over $50,000 per year say they focus their content on the interests of a particular group. Source: Blogger Online coaching • It has become easier to share your knowledge or expertise via online course platforms. If you are a subject matter expert or passionate about something, then you can convert it into a substantial income. Dropshipping • If you have the ability to procure products in demand at lower prices, then you can start a lucrative dropshipping business by reselling those products at third-party sites like eBay or AliExpress. Dropshipping is a concept in which sellers procure products in bulk from suppliers and sell them further to the end-user. Source: Concordia University Graphic design • Companies are always on a lookout for graphic designers for branding purposes. From designing banners, posters, and logos to creating stunning designs of landing pages, the opportunities are immense. Web development • New businesses are always looking for efficient coders at cost-effective prices. You can kickstart your career by offering competitive prices for your services and then slowly transform it into a more lucrative business plan by solidifying your portfolio. Source: Content World Phone case business • Since everyone worries over the safety of their Smartphone, Smartphone cases are one of the top-selling mobile phone accessories. As a result, mobile case sellers are raking in 6 or 7 figures income by selling smartphone cases in huge volumes. Source: Revenues & Profits Travel Consulting • If traveling is your passion and you are always updated about things like best airplane ticket options and hotel deals, then you can start a travel consultancy business, it is highly profitable as more number of people are now travelling across the world. Source: Insureon Interior designer • People have become more aware and tasteful about how their homes look. There is always a need for an interior designer who can tell which color will suit your walls and what is the right place to put your armchair. It is a great low investment business to start. Source: 2020 Spaces Buy and sell domain names • Trading of domains is an old tactic to make some extra money. But if you get lucky, then you can earn millions. The key is to identify interesting blog names that have the potential to sell later. Buy them with cheap hosting plans and wait until a buyer approaches you, it can take years, but is always valuable. Source: Digital Deepak