Have you wanted to go into business for yourself, but the thought of it seemed too daunting? The overhead costs, for instance, worry you to the point that you don’t think you will be able to do it? While this may be true for some businesses, it doesn’t have to be true for you. There are businesses out there that don’t cost a mint to start, and you can be making a profit in no time. Low Cost Business Ideas-
Wisconsin is a great state if you are considering becoming an entrepreneur. It has a healthy training and education infrastructure, and investing in businesses is a priority. Plus, the people in Wisconsin are known to be hard-working and willing to do what it takes to get the job done.
One thing that’s important to remember when opening your own business is that it is crucial to have Wisconsin business insurance. It doesn’t matter what type of business you are running. Even if you think there is very little risk, any negative incident could easily sink your business. Plus, you don’t even have to do anything wrong for someone to sue you.
Make sure that you have liability insurance, commercial property insurance for your building and equipment, and errors & omissions insurance if you have a service-based company. Some states require workers’ compensation even if you are the only employee. Always factor insurance into your business cost protections.
If you want to work in Wisconsin and keep your Low Cost Business Ideas, here are some ideas for you.
Coaching- Low Cost Business Ideas
No, we’re not talking about it on the field or the rink. Online coaching is a great option with more and more people looking at ways to change their lives, and with technology evolving over the past few years. You can provide life-coaching services online, nutritional coaching, or even lessons. Do you know a lot about music or graphic design? You can teach those skills to others from the comfort of your couch. There is also a big market for SAT prep and student tutoring. All you need is a computer, high-speed internet, and a subscription to a video conferencing platform.
Freelancing- Low Cost Business Ideas
Freelancing is another business that doesn’t involve anything more than a good computer and internet access. You can freelance in many different ways. One of the most common is writing internet blog posts and marketing material to help with search engine optimization (SEO). Digital marketing is starting to dominate the landscape, which means there is always a need for talented graphic designers and web developers. The great thing about this career is that you can have clients from anywhere in the world and make your own hours. Even if you want to work nights, you don’t have to be awake when your clients are.
When you think of a personal trainer, you probably picture them in a gym helping members reach their goals. They provide tips and advice and guide them through workout routines for a cost, some of which goes back to the gym. The thing is, if you have knowledge and expertise, you don’t have to go to a gym at all. There is a lot of space in Wisconsin, and you can find places to coach and teach all over the place. You can conduct classes in public parks, or teach bodyweight exercises 1-on-1. If it’s raining, find a pavilion with some cover and put clients through their paces.
If you have the space, you can also host clients at your home. We all know it gets cold in the winters in Wisconsin, but there is always skiing, snowshoeing, and other winter activities that will help your clients get fit.
Speaking of getting fit, why not start a business that helps you keep in shape while also having fun and making some money? Dog walking is a valuable service for pet owners who can’t give their furry pups the exercise they need regularly. You can take their dogs out during the workday, or when clients go away for vacations and day trips. One of the great things about dog-walking is that if you are skilled enough and the dogs have the right temperaments, you can take several at a time, which increases your hourly earnings.
Do you have an interest or expertise in something like fashion, makeup, travel, or sports? In reality, it can be any niche under the sun, because there are people in the world who share your interests. Many people make a living as influencers. They post on blogs or social media about their outfits, travel experiences, or dating adventures. Their audience enjoys them for their insight, creativity, humor, or a combination of everything. If you can build a following, then advertisers will come knocking to help you make a living out of it. Some influencers spend almost nothing to get started. It could be as simple as reviewing parks in your neighborhood or showcasing your dog.
Have you done your fair share of painting your own home over the years? If you have skill and experience, why not try to make a living from it? You don’t even have to pay for the paints. All you will need is your brushes, a ladder, and other painting accessories. You can advertise affordably on social media and get your clients from your local community. If you do a good job, your business will grow from word of mouth alone. Another key benefit of house painting is that you are helping someone spruce up their living space, but a mistake will not ruin things. You can always paint over your errors.
If you’ve been working a 9-5 performing a specific skill with specific expertise, you may be able to turn that into your own business. Instead of heading into the office every day, you can stay in your pajamas and offer consulting services. There are many ways this could work for you, from fundraising to financial planning, to operations management. Whatever your specialty is, there is a good chance there’s a market for it.
Mobile Car Wash Services
If you live in Wisconsin, you know that by February, every car in the state needs to be washed. All of the dirty snow, salt, and dirt from the roads seems to adhere to vehicle surfaces, ruining paint jobs and making them look unappealing. If you are great at washing cars but do not have the funds to open a car wash, why not offer mobile car wash services? You can bring your cleaning equipment to the homes of your clients, and wash their cars right on site. They don’t have to leave the house, and you can uniquely build your business. During the extreme cold, you can offer to drive cars to self-wash stations to get them clean as you would not be able to use hoses and dry cars properly.
As you can see, you don’t have to have a big bankroll to start a business in Wisconsin. All you need is some creativity and the willingness to work. Take one of these low-cost options or think of one on your own, and start raking in the revenues.