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Top 10 Low-Cost Business Ideas

Low-Cost Business Ideas for the Budget-Minded Business Owner


Starting a business doesn't have to require a large investment. In fact, there are many types of small businesses that are not only relatively inexpensive to start, but also have the potential to produce significant profits.

Here is a collection of 10 low-cost small business ideas that won't exhaust your savings, and can get you on the road to successful small business ownership.

1. Business Consulting

Man Measuring Wooden Piece for Guitar
Cavan Images/ Iconica/ Getty Images

If you have expertise in small business and a desire to help your fellow business owners, a small business as a consultant could be the perfect business idea for you. Here is a look at the pros and cons, as well as resources to help you get started.

2. Construction Cleanup

While it may be dirty work, if you're physically fit and ready to tackle the mess, a construction cleanup business could be a great business idea for you to explore. Find out if you have what it takes to start a construction cleanup business.

3. Handyman

Starting a business as a handyman can provide you with a great business opportunity and a chance to help struggling homeowners finally get their homes in order. Learn how you can use your do-it-yourself nature to start a business.

4. Image Consulting

If you are fashion-savvy, an excellent communicator, and a people-person, a small business as an image consultant might be a great business for you. Discover the pros and cons of starting an image consulting business.

5. Painting

Painting requires precision, practice and patience. If you enjoy painting and can do it well, you are in a great position to start a painting business that has the potential to be very profitable.

6. Party Planning

Do you love to throw parties, and especially enjoy the planning and preparation that takes place before the big event? If so, a small business as a party planner might be the perfect small business idea for you.

7. Personal Concierge

Starting a personal concierge business can be a great business idea for anyone who enjoys assisting others, has a flexible schedule, and thrives on variety. Here is a look at the pros and cons, and resources for more information.

8. Project Management

A good project manager is highly organized and has an exceptional ability to follow through. If you are considering starting a project management business, here is a look at the pros, cons and where you can get more information on how to get started.

9. Translation Services

If you are fluent in more than one language and can efficiently translate from one language to another, a small business providing translation services could be the perfect small business for you.

10. Virtual Call Center

If you are reliable and have a highly professional telephone presence, a virtual call center business is a business idea you may want to explore.

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