Starting an online service business doesn’t need to cost the earth. With some dedication and a little bit of luck, you can start an online services business for as little as $1,000. Let’s look at five popular kinds of online service businesses you can launch with limited capital.
1. Event Planning
To become an event planner, you need little more than a website where people can book your time and a knowledge of your niche. It’s a wise idea to choose a specific kind of event that you help plan for, as this will allow you to differentiate yourself in the market. Whether it’s kids’ parties, weddings or business networking events, you need to make a name for yourself in one specific sector.
You’ll need to be able to source entertainment, refreshments and space for your events, but once this is organized, you’ll be able to include these in your prices and start turning a profit fast.
2. Online Tutoring
Got a college degree in Physics? Know a language that people the other side of the world want to learn? Have years of experience in a sector and can provide guidance and mentoring? Online tutoring is a great, low cost way of selling your expertise in a specific area. You need little more than a laptop and some lesson plans to get started and making money!
3. Copy Editing and Proof Reading
Whether it’s reports, brochures, whitepapers or guide books, there’s ever more companies producing ever more content. To make sure that content is well written and free of grammatical mistakes, many companies turn to copy editors and proof readers. If you can spot a spelling mistake a mile off – and proof copy fast and efficiently, your services will be in high demand. And, because you need nothing more than a computer (and maybe a printer) to get started, this is one of the cheapest businesses to start around.
4. IT Consulting
As businesses use technology more and more, the demand for friendly, efficient and knowledgeable IT consultants keeps on growing. Whether you’ve got experience installing hardware or are more comfortable migrating databases or coding applications, there’s an almost limitless number of companies who will need your help.
5. Virtual Assistant
Many companies have a range of jobs and pieces of work that their own employees don’t have the time or skills to do. Whether it’s chasing customers about invoices, managing their social media or data entry, if you have versatile office skills you can offer your customers a huge help – all you need is a website to get started.
Whatever your business idea, you need to make it easy for customers to book your services. Learn how you can do that in just seven minutes here!