Low Cost Start up Business - 4 Ways to Make Money without Any Investment

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What if you discovered low cost start up business which will only require your interest and creativity to make money for yourself? Do you want to know there are many low cost start up business available online. But my article will list down few easy ones which you can get started off with right now.

The purpose of this article is to show some low cost start up business by just providing your creativity skills with the available resources.

Here are step by step details to get you started right now.

Step 1 – Be a finder

A Low cost start up business is the one which requires nil or a very low investment as you already provide your time and energy for it. You can choose a low cost start up business by being a professional finder. If you possess great research skills and you also like to shop then you can easily become a professional finder.

For a finder’s fee, you can track down almost anything like old vinyl records, classic wines, rare books or vintage cars etc. The fees you charge should purely depend upon the value of the item and the time required for finding it.

Step 2 - Cleaning and janitorial services

A very low cost start up business is being a cleaner. Even today, the demand for cleaning and janitorial services is much. You can make optimum advantage of this market by offering your services as a domestic cleaner. You will find local cleaning jobs advertised in newspapers and on notice boards. Once you have built up a few regular clients, you will have a healthy little business.

Step 3 – Make use of online auction sites

You can become an auction lister and your low cost start up business is all set to make money for you. If you have interest in photography and also possess photography skills, than here is the business for you. You can make use of your camera, your photography skills and an internet connection. You can start listing items on online auction sites for other people.

Depending upon your photography you can click and list items either for a fixed fee, a percentage of the final sale price, or a mixture of both. You need to remember to take into account any listing fees and commissions on the auction site when setting your prices for providing your skills of photography.

Step 4 – Become a Distributor

A very low cost start up business is by being a leaflet or coupon distributor. If you like travelling and enjoy walking, you can start up a leaflet or coupon distribution service. It will keep you fit and also make you earn some extra cash at the same time by enjoying doing what you like to do.

These days, many leaflets and coupons are distributed with newspapers and magazines. But still some people prefer leaflets to be distributed door to door. You can approach local businesses like restaurants and home repair services that require mostly leaflet and coupon distribution.

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  • 1 {{ upvoteCount | shortNum }} 5

    The debate never seems to end in my circle of professional acquaintances. Would you rather be paid for projects based on an hourly or fixed rate?Argue as we may, we never do seem to come to a conclusion. I myself am of the opinion that there is no “right” or “wrong” answer necessarily. That being said, I have met many freelancers that are very passionate about one side or the other. For those that prefer fixed rates, they will often ask their hourly rate-preferring counterparts why they would ever be excited to trade their time for money. On the other hand, those that prefer hourly contracts wonder why anyone would agree to a project that may end up requiring much more effort than originally anticipated-- effort that would essentially go unpaid. I personally believe one’s preference for fixed or hourly contracts stems from the way that he or she views work. The individual that sees his or her completed task as product tend to favor fixed rate projects. They feel comfortable pricing a project based on the perceived value that the finished project will bring to the client. Those that see their availability and time as the primary product being offered to the client feel most comfortable billing a client in a similar manner. Interestingly enough, a couple of close friends of mine recently completed projects that they chose to bill using their preferred method. One, a web designer, typically bills clients a flat rate for projects he completes. Another friend, a graphic designer, prefers to bill hourly. Both recently completed projects where they ended up regretting the billing method that they chose! My web designer friend recently landed a gig where he was asked to do a complete redesign for an academic organization. He was thrilled when the client agreed to a very high fixed rate for the project. He was anticipating that the project would run somewhere between 3-4 months. In the end, the project ended up taking almost 6 months! After taking a look standard hourly rates in industry, he found he could have very easily made an additional 50% over the course of the project had he chosen to bill hourly. My graphic designer friend prefers to bill hourly. She has come to expect that clients will ask her for various edits. She offers as many edits as the client asks for as each of these edits is done on the clock. A recent project left her shocked and upset however when the client gladly accepted a project that was done in under a half hour. She ended up selling what she described as an “awesome, professional poster” for less than a quarter of what she would typically make. All this to say, no billing method is perfect in my opinion. As a developer, I tend to favor flat-rate projects. At the same time, I’m sure I can find freelancers doing similar work that prefer hourly billing. Which do you prefer and why? Do you have any personal anecdotes that would help me understand your reasoning?

  • 2 {{ upvoteCount | shortNum }} 5

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