Are you planning to open a business or start a side business? If so, then it’s worth trying some of the small business ventures we’d recommend.
Even though it only requires a little capital, it has the opportunity to provide many benefits, lo! Can be used as a main source of income, or additional income.
Of course, adjusted to a number of things that can support your business running. What are some examples of small capital businesses with big profits? Come on, let’s see what’s next!
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7 Examples of Small Capital Businesses Big Profits and Potential
Talking about small capital businesses, the first thing that must be simplified is the thought regarding the location of the business.
Don’t think about renting or even buying a stand or outlet to start this business. You can start by building a home business.
That way there is no need to spend on rental fees or even buying a place. You can maximize funds for products as well as marketing.
Because of its location at home, make sure your business meets the needs of the people in the surrounding environment.
If you want to expand your market reach, then you can consider an online business that is currently popular.
You can also simplify your business financial system with cloud-based accounting software such as SME accounting applications
So, what types of businesses require small capital but can provide big profits? Here are some of them.
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1. Business in the Fashion Sector
Anything related to fashion , will always be interesting as long as it follows the trend and is cheap.
Of these two conditions, it can be applied to two different businesses but in the same field, namely fashion .
You can sell clothes and other fashion items online . There are many trusted suppliers who can supply your products at affordable prices. You can also manage products or goods from suppliers and place them with the goods stock application
You can also buy from several well-known marketplaces at a discount, then resell. So, you don’t need a lot of capital for this business.
The second choice for those of you, especially those who are still students or students, can sell used fashion items that are suitable for use. A cool term for this business can be a thrift shop business idea .
Guaranteed, you can earn big profits while building a promising business for the long term in this field.
2. Entrusted or Jastip services
This business is also increasingly popular lately. It is suitable for those of you who like to travel .
You can open jastip for special foods, items that can only be obtained in certain areas that you are visiting.
The required capital can of course be adjusted to the existing budget to buy. You only need to limit orders, if you feel that you have exceeded the existing budget .
Profits will be obtained from the purchase price margin with your selling price to Jastip consumers.
3. Various Cake Business
One small capital business that is also promising and gives big profits is selling cakes.
Can be snacks that are currently hits, such as macaroons , crepes tart and many more.
You can also sell pastries, even though it is more crowded around Eid, but this business is quite promising on weekdays.
Marketing through social media will also speed up business development, especially if your cake is unique and delicious.
If you already have adequate tools, capital is only needed for materials as well as packaging. So, it is quite affordable even for beginners.
As a first step, you can open pre-orders so you don’t lose out on leftover cakes, especially cakes that don’t last long.
4. Kiloan Iron Services
The next example of a small capital business with big profits is kilo ironing services. You do not need a lot of capital for this business.
You only have to have an iron, laundry perfume, lubricant, plastic for packaging and digital scales.
You can distribute flyers to residential areas, or offer services online . Can be via social media or broadcast messages in chat applications .
5. Running a Franchise Business
When compared with previous businesses, the capital for this business is slightly larger.
However, with all the facilities available from the franchise manager , this business is considered a business with small capital.
You only have to be smart and observant in seeing market opportunities and demands to choose the type of franchise business . Of course so that the business can survive and thrive.
Want to start a franchise business? listen to our latest podcast episode below about franchise business opportunities in 2023 with Hendy Setiono, CEO of Baba Rafi Enterprise.
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6. Animal or Plant Cultivation Business
The next promising business with small capital is cultivation. Both plant and animal cultivation.
If you are interested in cultivating consumption fish or food crops such as vegetables hydroponically, for example, it will certainly be easier to market.
The profit is indeed slightly smaller when compared to the cultivation of ornamental plants or pets.
However, the cultivation of food crops as well as fish and other consumption animals is not seasonal . This relates to food security which is a basic need.
The capital for this business is not too big, but you have to really master the mechanism to avoid losses.
Like plant cultivation for example. You have to understand very well about the types of plants and at what temperature these plants can grow well.
You also really need to understand the care and harvest period for food crops to maintain the quality of the cultivation results.
That way, consumers will feel satisfied and your business has the potential to grow bigger with a wider market reach.
7. Online Courses
If you have special skills such as baking, cooking or makeup , for example, you can start an online course business.
Today many people do not have free time to take offline courses. So, this business is quite promising, especially if your expertise is proven quality.
You can start from people around you who really know your expertise. After that, you can start marketing your services via social media along with the testimonials of previous participants.
This is important to show your qualities and attract the interest of potential course participants who did not know you before.
In addition to a more flexible time, you can also do it at home. The main capital is of course for procuring course support items.
It can be cake ingredients, cooking ingredients, makeup tools , or anything related to the course. Don’t forget your internet quota, because your course will be conducted online .
From the several examples of small capital businesses with big profits above, you can choose the one that best suits the skills and needs of the people around you.
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The goal is to get the most out of the business. Therefore, it is also important to do market analysis before starting a business, even if it is small.
Precisely from the initial steps when starting a business, will determine how the business potential in the future. And when your small business has started to grow and grow, there’s nothing wrong with trying to use the help of ERP software technology that can manage all business operational activities.
If your business has started to develop, don’t forget to check the business field classification code so you can determine the class of taxpayers and the amount of tax received.
Those are our small capital business recommendations for you to make ideas or references in starting a business.
Hopefully, with this information, it will be easier for you to determine and start a promising business with not too much capital.