You often hear people talk about million-dollar business opportunities but it’s very difficult to take the plunge with so much at stake for most people. That is why choosing the right industry which is lucrative enough to recoup your startup cost is imperative.
Although many businesses require a lot of time or money to get going, here a some that maybe up your alley in terms of low start up costs:Well before the pandemic forced many restaurants to close down, people were already opting for food delivery and the numbers continue to increase over time. This allows you to receive a commission for each sale you make but not have to have any inventory eliminating the worry of goods sitting idle somewhere that aren’t being that sold.If you have a skill set that is marketable, consider opening up your own consultancy. This allows you to charge based on how extensive or in depth your knowledge is on a particular thing. Consulting can be very profitable in the B2B context as you build up from smaller start up clients to big corporate clients.
The best thing about courses such as this is that once you upload your content you can continue to make passive income without additional work.Years ago, the concept of letting your home out with Airbnb would have been scandalous but the sub-letting culture is all the rage now.