Which Business To Start With Zero Investment?

While most businesses will need investment, there are also the ones that require almost zero or minimal funds

Since starting a business involves significant risks, it is important to proceed with caution. If you do not want to use your savings or take big loans from banks, you need to look at opportunities that require almost zero or minimal investment. Here are some business ideas that can be started with the least investment.

Affiliate marketing – Most of the leading ecommerce platforms like Amazon, Flipkart, etc. have affiliate programs. You can promote these products on your website, blog page, WhatsApp groups, social media handles, etc. You can post unboxing videos or review videos and attach purchase links to these products. If you have the ability to captivate your audience and create interesting posts, affiliate marketing can easily generate income of around Rs 5000 to Rs 50,000 per month. Affiliate marketing can be started with minimal investments.

Dropshipping – In this business, you essentially work as a bridge between the manufacturer/supplier and end users. There are many manufacturers and suppliers who do not have any direct connection with consumers. These entities usually supply to wholesalers, who in turn distribute to retail stores. With dropshipping, you can provide an online channel to these entities to sell directly to consumers.

You will earn a profit on each sold item. In dropshipping, you do not have to maintain any inventory of goods. The manufacturer/supplier will ship directly to the consumer. As such, no major investment is required for starting a dropshipping business. You can expect to earn around Rs 10,000 to Rs 50,000 per month in the initial phase.

Virtual assistance – Many small business owners, content creators, startups, etc. often need assistance for their everyday work. That is where you can exploit the opportunity by working as a virtual assistant. The role of a virtual assistant varies widely. However, there are some common tasks such as email management, data entry, scheduling meetings, managing travel plans, etc.

Virtual assistants are in demand as entities from around the glove need such services. You can start via online platforms such as Belay. Almost zero investment is required and you can expect to earn around Rs 10,000 to Rs 30,000.

Social media management – While large businesses have a dedicated social media team, small and medium enterprises (SMEs) often struggle with social media initiatives. That is where the role of social media management becomes important. You can provide your services to these SMEs, without having to make any major investment. You can expect earning of up to Rs 20,000 per month and much higher when you expand your business.

Online coaching – This does not have to be limited to educational coaching such as math, physics, chemistry, etc. Any of your skills and knowledge can be shared with others for a price. For example, you can launch courses for astrology, personal development, sales & marketing, Indian and foreign languages, Reiki and Yoga.

Also, graphic design, photography, cooking, baking, music (like guitar or singing), dance, coding, app development, ethical hacking, financial literacy, resume building, interview skills, or even niche topics like Vastu Shastra, handwriting analysis or storytelling. The options are virtually limitless. You can expect to earn around Rs 5,000 to Rs 50,000 per month via online coaching.