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Petar Dyaksov
Tuesday, 05 May 2015 / Published in Entrepreneurship

10 business ideas with less than 1000 euro capital

They say there`s no place for business in Bulgaria. They also say that you need lots of money to start your own company. However, I would dare to argue with all those pessimists, who believe in such statements. I’m going to present you 10 types of businesses to start with less than 500 or 1000 euro, and I hope that you’ll take a moment to consider whether it’s high time you started your own venue.

 

1. Become a stock trader

Being an overnight success, for many the trading has transformed from just a hobby into a main income source. Once you settle your budged – 500 euro are completely enough – decide whether you want to be only a trader, or you can take the chance and be more creative. You can simply turn into a financial advisor to the beginners in financial trading.

2. Make your own application

Did you know that in the US even students earn money from mobile apps? With the increase of smartphone users, the usage of mobile apps becomes greater as well. Reportedly, this trend will steadily continue in the years to come. If you’re not a programmer yourself, hire a small IT firm or a freelancer, which will cost you between 500 and 1000 euro. You may as well think of investing what’s left in online marketing, a blog, or a landing web page, in order to increase you client reach.

3. Dropshipping

The easiest way for you is to directly join the e-commerce platform of eBay, although nowadays, an increasing number of companies offer dropshipping options to their partners, too. Whether you will spend 500 euro or 1000 euro is up to you, but the bigger the investment, the bigger the profit. The only expenses you will have are linked to the fees for product ad posts, as well as for building an online shop, where you can freely upload your products for selling.

4. Wedding agency

Nowadays, we lead such busy lifestyles that we often fail to plan the most important moments in our lives, like the wedding, for example. Instead of dealing with each detail themselves, people are more willing to hire a wedding agency, which can make your special day unforgettable. As an entrepreneur, you can start such a business with no more than 1000 euro, which you’ll need to spend on a small office, catalogues, brochures and a corporate website.

5. Consulting firm

Regardless what your personal talent or skill is, you can use it to help people who lack it. In other words, you have the chance to become a personal legal assistant for a big business player, anger management consultant (in case you’ve got psychology degree), or even an adviser in the personal relationships field. Do I have to remind you about Natalia Kobilkina (famous relationship therapist and a book writer in Bulgaria)? She started her career just like this, and not only did she made her way to the big business, but she also became a real marketing guru.

6. Cleaning services

Call all of your friends and relatives, who are sick and tired to be unemployed, working with no legal contract or for a penny… and build up your own expert hygiene team. Even if you cannot find more individual clients in the beginning, offices are dying for your services since the Labor inspection has recently activated to check out the good working conditions and to charge the violators with huge fees.

7. Private system administrator

Everyone uses a computer today – even that old lady from the next door, who is barely able to take her dog for a walk. Though, not everyone is an expert in computers and if you have some basic knowledge, you can earn money with OS maintenance, reinstalling programs and cleaning viruses. With web tools like www.elance.com and www.odesk.com you can find prospective clients and to administrate corporate websites and systems for payment.

8. Copywriter

You have unique writing talent? Or maybe you have a philosophy or a literature major? Well, the internet desperately needs you, because copywriting has become an irreplaceable part of online business!

9. A pet house owner

When holiday, winter or summer season get close, tourism flourishes. Then, you as a pet house owner will flourish, too, because someone will have to take care of all those kitties and doggies, while their owners are away on a vacation! You can even expand your business by offering some additional pet grooming services.

10. Interior designer

You will only a professional course on interior design, a little bit of patience, while getting more experienced, and maybe a beautiful office with vanguard furniture for meeting your clients. The rest is going to be paid by the client, himself, so this business idea is definitely worth it!

Did you like at least some of those business opportunities? Trust me, besides those ten listed, there tons of other business ideas that you could initiate with a small budget! Good luck!

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