While the idea of starting a business can be fascinating, many ideas require time, money and involve high stakes of risks. There are many ideas that let you start a business to focus on the logistics and upfront costs less and more on getting started. Low-investment small businesses can make a great secondary option, especially for beginners or busy schedules.

While you spring new business ideas, build a brand, put effort into marketing and then provide proper customer service—are there any new ideas that let you bypass many traditional startup costs, such as initial inventory, warehousing, and retail space? The answer to your question is YES!

Mentioned-below is some ideas that will help you start your own business with a small investment and don’t require any inventory.

1. Start A Drop Shipping Business

When you start your own business, managing inventory is a big commitment. But dropshipping service is an easy fulfillment model where you pay the third-party supplier to store and ship inventory to customers on your behalf. So, when you think of low overhead, hands-off, and scalable business, dropshipping is one of the best businesses to start.

You can include products as many suppliers as you want into your own online store, but it should be under a specific niche, like accessories for fitness enthusiasts.

So, when a customer buys a product from you, the order is then forwarded to the supplier who fulfills it on your behalf. Mind the fact that you are still responsible for your marketing and customer service.

2. Design And Sell Print-On-Demand T-Shirts

This print-on-demand model holds inventory, ships, and fulfills the order in the hands of a third-party supplier. However, unlike the dropshipping idea, the prime with print-on-demand is on customizing products with custom designs to create something unique.

Not just T-shirts, but custom printed products include canvases like hats, phone cases, hoodies, skirts, tote bags, and more. You can either get some witty quotes or motivational slogans printed, reap benefits from this business.

3. Launch Your Book

Does it seem an obvious option? It can be a great option when you can create one to serve a particular demand in the market.

Picturebooks, comic books, poetry books, photo books, novels, coffee table books, and ebooks—you can serve the world with your thoughts, knowledge, and creativity. The options for various books are endless, which makes it one of the best businesses to start. If you wish to taste the waters, print-on-demand publishing is a relatively safe way to start self-publishing.

Many reliable print-on-demand businesses help you create order and distribute you book as a physical product or ebook.

While you have the option of buying one book at a time, the cost goes down if you buy in bulk. Don’t forget to consider pre-selling or crowdfunding your book to create a demand in the market for your book so that you can feel confident for bulk orders.

4. Create Digital Products Or Online Courses

Digital products such as music courses are unique for small businesses. These products are not tangible, and hence, there aren’t any recurring manufacturing or shipping costs that you have to worry about. So, undoubtedly, it can keep your margins high, making it another no-brainer for the best businesses to start.

All you have to do is figure out what makes an excellent digital product, what can be useful to people, and what they are willing to pay?

The answer ranges from instrumental beats to stocking photos to information products that help people hone their skill sets in a particular niche.

If you have talent, it can be converted into a digital product that can become your second source of income.

Summary

Capital shouldn’t restrict the expansion of your talent and your hope of creating an opportunity for wealth. With the above-mentioned options, you can start a business with low finances and high-profit margins.