Would you like to start your own business, but you don’t have the necessary change? That is not necessarily a reason for throwing the gun in the grain and dismissing the idea of self-employment. There are opportunities to set up a business without money and thus dare to take the step into self-employment. In this article, we will introduce you to some business ideas in which you can gain a foothold without or with little capital.
Setting up a business without money with the help of part-time self-employment
Starting up without money works best if you start slowly. Because regardless of the industry, you have the opportunity to plan your path to self-employment alongside your job. With your job, you reduce the risk if it doesn’t work out. In the event of failure, you will still have your permanent job so that you can continue to meet your financial obligations.
However, when setting up a part-time business, you should be aware that you limit your free time. Because at some point you have to do something for your independence and that only works after work. The advantage of this type of start-up is that if you are successful you can quit your job and dedicate yourself completely to your independence.
It is important that you talk to your employer in advance, i.e. before setting up your business and inform them of your idea and obtain permission to do so. If your employer agrees, you have to officially register your secondary trade through legal platforms such as Companies House to appear on the Companies House search service. You must also state your self-employment profits in your tax return.
Starting a business without money: 8 industries that are perfect
Would you like to finally start your own business and be self-employed, but you don’t know exactly what you want to do? Then we would like to introduce you to eight exciting business ideas that can be used to set up a business without money.
1. Exciting Stories To Tell? Become A Blogger
Blogs are all the rage on the internet. As a blogger, you run your own blog, write the texts, update them and, if things go well, you will eventually have a regular readership. Above all, the regular publication of blog texts is very important in order to be able to constantly offer your loyal readership something new.
You can place “sponsored posts”, for example, in your blog posts and in the blog itself, which you can use to generate income. In addition, if your blog has a good reach, you can place so-called ” display advertising ” or sell webinars or eBooks.
The costs for your own blog are also manageable, as they are limited to setup, domain registration, and hosting costs. However, you should plan 10 hours a week for the
2. Marketing Ace With Reach? Then Use Affiliate Marketing
If you are enthusiastic about creating websites and the topic of search engine optimization is no stranger to you, you can set up your own business as a so-called affiliate marketer. For example, you recommend a certain product or service on your website and place an affiliate link on the corresponding article.
If a product or service is sold via this link, you will receive from the shop operator or entrepreneurs pay a corresponding sales commission. Of course, it makes sense to choose a topic that suits you, that you enjoy and that you can contribute your knowledge of.
Not only will the search engines rate the content you create as good, but readers too. However, it is important that your article is preceded by keyword research.
In this business, the start-up costs are very low, since today everyone has a computer at home and you can use it for text creation. As with the first opportunity to set up a company, you will have to pay for the domain registration and the annual hosting fees. Here, too, you should plan about 10 hours a week.
3. Creative And Enthusiastic About Technology? Offer Web Design Or Web Development
Setting up a business without money also works as a web designer or web developer – with the right conditions, of course. So if you have know-how in this area, you can offer your services to customers. Since the internet presence and your own website have become indispensable for companies and the self-employed nowadays, you have a good chance of getting tons of jobs. Because good and reliable web developers are always wanted.
You don’t have to make any major investments, but you should already have a powerful computer, laptop, and the necessary software. Depending on how you design your independence, you can offer customers a complete package or develop and supervise customer projects over a longer period of time.
4. Do You Love Exercise? Then Become A Professional Fitness Coach
Fitness coaches and personal trainers are still booming. If you are enthusiastic about sports and have the appropriate knowledge in this area, then perhaps the job as a fitness coach or personal trainer would be the right choice for you. For example, you can work as a course instructor in fitness studios or set up your own small groups to train.
If you want to become self-employed in this area, it is important that you are in very good condition and have a sound knowledge of nutrition. If you do not have this know-how yet, you can acquire it in further training as a fitness trainer. You have to budget between 500 and 1,500 euros for the training and you may have to add a few euros for your marketing, i.e. to increase your level of awareness.
5. Do You Like Taking Photos? Then Turn Your Hobby Into A Job
Good pictures are in demand, and those with an eye for detail can earn very good money in this area. And maybe that’s exactly what you enjoy and can pave the way for your independence. Pictures at weddings, portrait photos, landscape pictures, and much more offer you not only variety but also good sources of income. You can also offer your images for sale on certain platforms, which is very risk-free for you.
The equipment is of course the be-all and end-all and should be accordingly good so that the result of the pictures is perfect. If you already have the necessary equipment, the start-up costs are not that high.
6. Organizational Talent? Then Become An Event Planner Or Virtual Assistant
Do you enjoy planning various celebrations down to the smallest detail? Then event planner for weddings and other events might be the perfect start-up idea for you. Especially if you want to set up a business without money. While it only annoys others to mess around with the planning, you ensure the most beautiful celebration – with everything that goes with it. And the start-up costs are minimal, especially if you already have a computer, vehicle, smartphone, and more.
If you don’t just want to organize events, you can also become self-employed as a virtual assistant. Here you look after one or more customers and organize everything from appointments to correspondence with partners or customers, to company celebrations, to research activities and data maintenance. Here, too, you only need a laptop, a smartphone and a workstation from which you can organize everything.
7. A Knack For Writing? Then Become A Copywriter
If you enjoy writing and have a talent for language, you can also work as a freelance copywriter, author, or ghostwriter. Qualified and talented copywriters are sought in every area. Whether appealing, emotional, and captivating advertising texts or informative, explanatory specialist articles – the demand for copywriters in the online area is great. If you don’t want to look out for customers yourself immediately, you can also get jobs via recruitment portals and agencies.
Here, too, the start-up costs are very low. Because all you need to write is a computer or laptop and a writing program. It is therefore an ideal business idea if you want to start up without money.
8. Do You Have a Talent For Languages? Then Offer Translations
If you speak many languages, maybe even grew up multilingual, then working as a translator is a good choice. Translators are needed for many different areas, industries, and projects. Clients can be institutions, authorities, or companies, but also private individuals. Of course, translators for exotic languages such as Chinese, Finnish, and Arabic are, particularly in demand. Here, too, you can consider getting mediation through special agencies. In addition, you can work as an interpreter and in this case offer live translations.