2024 is the year to start your own business. Whether you are looking to build a long-term business or a part-time side hustle, there are a lot of entrepreneurial options that you can explore. Many assume that starting a business is expensive and out of reach for the majority of people. Even if you are on a tight budget, there are still plenty of business opportunities that you can create for yourself. We’ll give you a head start of 10 cheap businesses that you can start in 2024.
10 Cheap Businesses You Can Start in 2024
So, you’ve decided to take the plunge and start a business. If you are still looking for what kind of business to start, we’ve gifted you with a few ideas. These business ideas cater to a variety of industries and can vary depending on your skill set, interests, and budget.
Expertise-Based Business
There is a multitude of service-based industries that capitalize on skills and knowledge that you already have.
Bookkeeper
A book-keeping service is ideal for those who have a background in business and accounting. Bookkeepers are known for being detail oriented and having a knack for numbers. If you do not have a background with bookkeeping or accounting, you can gain those skills in a fairly quick amount of time. There is a multitude of online courses and community college programs for learning the basics of bookkeeping.
Tutor
if you are a teacher or have a background as a tutor, starting a tutoring business is also lucrative. It helps if you have a proficiency in a particular subject. You can offer your services to students in person or even fully remote. This makes it a very flexible business that you can operate from the comfort of your own home.
Consulting
If you are considered an expert or professional in your field, you are a good candidate for starting your own consulting business. Consultants are able to offer their guidance and professional expertise to both businesses and individuals. If you are looking for clients, you can leverage your professional network or use online platforms like LinkedIn to connect with leads.
Utilize Your Creative Skills
Are you a creative professional who is passionate about your craft? Now is the best time to start a creative business, and there are individuals who are looking for your creative flair!
Mobile Photography
Photography is not the cheapest business to start from scratch. However, if you have a sufficient amount of equipment and experience, you can easily start your own mobile photography business. Mobile photography doesn’t have the costs of a brick-and-mortar studio. You can even get started with just a high quality camera.
Graphic Designer
If you have a flair for design, color, layout and have experience with software programs, you can start your own graphic design business. Offer your services to a variety of businesses and individuals from around the world. If you don’t have one already, we would recommend building a portfolio website to showcase your work. You can also create an online profile like Fiverr or Upwork.
Offer Local Services
There is always someone in your neighborhood looking for services whether its lawn mowing or painting.
Pool Cleaning Services
Many Florida homeowners have a pool, but they don’t always have the time and energy to clean it. In a state like Florida, pool cleaning is a consistent year-round service. The only caveat with this business venture is that you’ll need pool cleaning supplies as well as some knowledge about pool cleaning. You can get this knowledge through research and training. You can market yourself on neighborhood groups on social media or local-based platforms like Angie’s List or Yelp.
Use Your Passions For Profit
Are you passionate about something in particular? It could be non-profits or animals. You can turn that passion into a business venture.
Pet Sitting Business
Many people go on trips or vacations and need someone to look after their pet. Make sure you have some experience with animals and a pet-friendly home. We would also recommend getting insured for extra peace of mind. It’s easy to sign up for a profile on Rover.com
Mobile Car Wash and Detailing
If you have a passion for cars, this business idea is for you. Most Americans own cars, and want to take good care of their car. Car detailing businesses have a few startup costs mostly for cleaning supplies. The plus side is that you can take this business anywhere.
Professional Management Based Businesses
If you have leadership qualities and a background in management positions, you would do well in a management-based business.
Property Management
A property management company is a great option for those who have a background in real estate. Especially if you are detail-oriented. You can manage properties for homeowners or vacation rental platforms like Airbnb. Depending on your location, you may need a license to operate.
Personal Trainer
Do you have a passion for fitness and helping others? Consider becoming a personal trainer. While certifications are helpful, they aren’t always mandatory. Promote your services through social media or online fitness communities.
Jumpstart Your New Business in 2024
Did you know that new businesses need to spend at least 20% of their budget on marketing? Orlando Marketing Firm has grown businesses large and small, and we have been building websites for the past 25 years. We will assist you in building the website that will bring your business to the next level. Book a no cost 15-minute initial conference call with one of our specialists to discuss your needs & get solutions. Call (800) 357-1299.