Businesses That You Can Start With Low Investment

INTRODUCTION

Commencing your own business can be difficult as several parameters need to be handled carefully. That’s why not many people can run a business efficiently. But not anymore. We will mention a few small investment business plans that anybody with minimum skills can run. For the success of these establishments, one needs to be creative while creating their customer base. Moreover, one can consult Teneric, which offers services to formulate business plans. The Teneric business plans are versatile and modish. A person interested in starting their own business can contact Teneric.

BUSINESS IDEAS REQUIRING LOW INVESTMENT

 

• DROP SHOPPING

 

Drop shopping is a retail fulfilment business where the business needs to create a website to place an order. However, in this venture, the company doesn’t need to keep an inventory of the products.

To run this business, all you need to do is take orders from the customer and pass it to the supplier. The supplier is then responsible for the preparation of the order and its delivery. This is a hassle-free business as you don’t need to create any inventory or store.

 

• ONLINE NURSE ACCESS PORTAL SERVICE

 

In the UK, the elderly population is growing at a steady pace. However, not all of them want to rely on public health care services. Moreover, several senior citizens might not want to leave their houses because of some illness.

Therefore, to help these people, one can create an online portal where the patients can talk to the doctor and ask for a nurse. Initially, one can contract out the nurse at a low price and build the service later. To do this service more cheaply, you can set up video calls using websites such as skype or EZtalk.

 

• CONNECTED HOME SPECIALISTS

 

Connected technology is a growing field, and one can invest in it. Moreover, compared to North America the number of modern houses are considerably less. Therefore, it hinders the homeowners from creating modern additions to their houses. The connected home specialists’ business can be done in two ways.

• You can organise a one-to-one consulting session with the client and suggest a viable alternative that they can do themselves to make their house connected.
• Another option is to go to the property, inspect the property yourself, and install the equipment. Although, in this plan, you would also require some construction knowledge.

 

• CONSULTING FIRM FOR SHIFTING TO EU

 

The introduction of Brexit in the UK has developed a sense of fear in the public as the UK is now separated from the European Union. The fear is more pronounced in the labour market, as people fear losing their jobs due to Brexit. Thus, there might be many people who would wish to move out of the country.

Therefore, if you have decent knowledge about the different regions in the EU, you could start a service that could help people find their desired location. A location finding fee can be charged, and in addition, if the person moves to that place with the help of your firm, you can charge them for that as well.