Small Scale Business Ideas

[komisariatku]

On this board I often see a lot of discussions related to investment and finance which tend to be large scale. However, to start investing we need capital. How do you find capital for investment?

Let's talk about small scale businesses that have low risks and promising profits so that we can have capital to invest and become passive income in the future.

Do you have a small business idea? or business experience? I want to hear it

[1714256423]

1714256423

[Don Pedro Dinero]

The best idea for a small business is a field that you know a lot about or are passionate about. Let's say you are a fan of collecting exotic animals and it has been just a hobby for you so far, you can open a shop for example. Or a website, or both: a shop with an online shop as well.

I don't think it's going to be very successful to read about a small business idea here on the forum and set it up if it's not in a field you know a lot about or are passionate about. It's not impossible but the odds are low, as a small business requires a lot of time and dedication, especially in the beginning.

However, to start investing we need capital. How do you find capital for investment?

Especially for a small business the start-up capital should be minimal. Trying to start with a very high initial investment, especially if you resort to loans, increases exponentially the risk of not succeeding because you will need much more time to become profitable, and in the case of taking loans you increase the fixed costs.

[naira]

On this board I often see a lot of discussions related to investment and finance which tend to be large scale. However, to start investing we need capital. How do you find capital for investment?

Let's talk about small scale businesses that have low risks and promising profits so that we can have capital to invest and become passive income in the future.

Do you have a small business idea? or business experience? I want to hear it

Why do people whose dreams want to look for low risk but with big profits. In terms of running a micro or macro business, the greater the risk, the greater the profits obtained, as well as appropriate. But it doesn't rule out the possibility that there are other options out there that suit what you are looking for. It's just that if we need to calculate the percentage of each large profit, we will generally determine the risk to be greater.

There are several tricks that you might be able to use, but they still require research. For example, you have to monitor sectors that have the potential to become a business in your neighborhood. By utilizing available resources and processing them into a mixture with a large turnover. However, capital is still capital, starting a business is not just an idea if its implementation is not accompanied by the ability to distribute the results of the product, such as looking for suppliers. Both small and large businesses all need careful planning and are able to target long-term guarantees.

[noorman0]

Digital services are a business with minimal risk and small capital (no need to procure new inventory), for example design, printing, bill payment services, and many more. If you live in a remote area where there are not many advanced users of digital devices, this kind of business is definitely sustainable.

[stompix]

How do you find capital for investment?

You go to a bank! Ironic, isn't it?

Let's talk about small scale businesses that have low risks and promising profits so that we can have capital to invest and become passive income in the future.

So we have
-low risk
-promising profits
-passive income

In short, let's talk about unicorns and carebears!

Why do people whose dreams want to look for low risk but with big profits.

Because nobody wants to lose money, work their ass for and not become rich in 1 year, the same reason most of those businesses fail in the first years as everyone is daydreaming while making their plans.

I've seen hundreds here on different topics claiming how agriculture is successful, how it can save a country from recession, how is a guaranteed win, how everything and when I tell them you need to work your ass all day, all year with no holiday except winter, difference between Wednesday and Sunday for something that might end with a profit margin of under 10% (profit not operating profit) by the end of the year they all act surprised.

If you live in a remote area where there are not many advanced users of digital devices, this kind of business is definitely sustainable.

Who is going to need these services in a remote area that usually comes with 100 or 20 people living in a village?
And how are you going to make a living out of this?

[PytagoraZ]

Do you have a small business idea? or business experience? I want to hear it

One business idea that can be done with relatively small capital and is quite promising is opening a roadside food stall. As far as I know they can take profits of up to 200% of capital. Quite promising, especially if it can be developed and has many branches. The risk is that if your food doesn't sell, it will go stale and can't be resold

[michellee]

You can start a small business via the internet if you are familiar with using the internet. Many young entrepreneurs start their businesses via the Internet. They try to become resellers of online stores or dropshippers and upload videos via Instagram, TikTok and other social media.

They almost do not need capital except for an internet connection found in many places. They upload video reviews about their products, provide discounts that their stores get, and more. They can get endorsements from advertisers, which means they can earn income. It all depends on each person's creativity, so if you can be more creative than others, you can have the opportunity to earn income.

And don't forget to get a lot of followers because that is one of the keys to success in marketing products via the Internet. But if you want to open a small business offline, you need capital. You can borrow capital from the bank or your budget to be safer.

[HONDACD125]

On this board I often see a lot of discussions related to investment and finance which tend to be large scale. However, to start investing we need capital. How do you find capital for investment?

Let's talk about small scale businesses that have low risks and promising profits so that we can have capital to invest and become passive income in the future.

Do you have a small business idea? or business experience? I want to hear it

Many businesses can be started on a small scale.I have seen many people start business with small capital. Very few people will see you who have started a large scale business from scratch. Majority of people have started a small scale business, and then grow the business and expand the business further. I have seen a rice seller on a cart, who now has many big branches in different parts of the city. From where he gets a lot of income and many people's jobs are also associated with him.


You can start a small scale mobile and parts business, start a small cosmetics business. A small -scale electronics and electric parts business, which is often used at home, can also be launched,and it can earn good income. Investment can also be made in the small -scale agriculture sector, as agriculture is also a good way to make a profit, and various commodities are also our daily needs. A small scale solar system business can also be started, as the solar system is now becoming a need for every home.However, if you start a small business in keeping with the needs of your area, a good profit can be achieved from a small business.

[CODE200]

On this board I often see a lot of discussions related to investment and finance which tend to be large scale. However, to start investing we need capital. How do you find capital for investment?

Let's talk about small scale businesses that have low risks and promising profits so that we can have capital to invest and become passive income in the future.

Do you have a small business idea? or business experience? I want to hear it

Most of the time, people find their capital through loan money but sometimes this is only for people with a large scale businesses. On my case, my capital came from my savings because it is only a small scale business and at that time, I was only exploring and I just wanted to have an experience. I remember my first business back when I was in high school, it was an online business and I sell different clothes. I also did reselling perfumes and scented candles. At that time, and as a student, it was such a satisfying feeling because I am earning money at such a young age. And if you are just like me who was just trying and exploring the business industry, it is not advisable to loan money from banks and such because it's risky. So, if you just want to experiment, it's better to build your own capital through your savings and start from small scale business to build experiences. And by that, you can transition from a large scale business if you think you already can and is now equipped.

[Ayers]

Do you have a small business idea? or business experience? I want to hear it

One business idea that can be done with relatively small capital and is quite promising is opening a roadside food stall. As far as I know they can take profits of up to 200% of capital. Quite promising, especially if it can be developed and has many branches. The risk is that if your food doesn't sell, it will go stale and can't be resold

Street food business or street vending is also an idea that I want to mention. For example, in my area, the total cost to open a sidewalk snack bar would be around $1k$-2k$. And if we business smoothly, the profit will be about $30-$50/day after deducting all costs. The profit margin is quite impressive, IMO. This is a business model that many people do not think about because they think it will not bring good profits, but in my opinion, its revenue will be more significant than the revenue of larger restaurants in the same field. Not to mention, the risk is quite low if we fail, unlike opening a large restaurant that will cause more serious damage.

[Rruchi man]

On this board I often see a lot of discussions related to investment and finance which tend to be large scale. However, to start investing we need capital. How do you find capital for investment?

Capital can be gotten from your savings if you have any, if you do not have savings, then you can start saving for a target business to start. Capital can also come from grants, when you have a really good business idea, if you are able to organize it well into writing with a clear strategy to make profit, you can get an Angel investor.

Digital services are a business with minimal risk and small capital (no need to procure new inventory), for example design, printing, bill payment services, and many more.

There are still risk in the businesses that you have mentioned and they may not be minimal. For printing for example, if you are able to get a big printing deal that should be profitable to you and you make mistake in the printing or it does not come out well from machine, you will spend extra, sometimes even your profit in trying to correct the errors from the job.

[ChuckBuck]

Everyone is always looking up at the big picture, but the grassroots is where the real game starts. In a rapidly changing geo-economy, underestimating the power of small scale business can be our downfall. You want capital? Start local.

Take local produce, for instance. A grocery delivery service that sources directly from local farmers ensures quality, freshness, and cuts out the middlemen. With the ongoing shift towards health-conscious choices, you get yourself a market ready to tap. Couple this with the inevitable rise of digital currencies like Bitcoin, and you could even offer discounts for those paying with cryptos, aligning yourself with the future of finance.

[bayu7adi]

If you're referring to low-risk, low-capital business suggestions, I have one perspective on that.

In line with the current digital age and the prevalence of free shipping, I recommend considering a career as an online seller, particularly on e-commerce marketplaces. As for the product category, I would suggest focusing on handcrafted goods that are available for pre-order. This means you won't have to invest money until you have confirmed buyers.

Becoming a reseller is also a viable option. It provides valuable experience in selling products, which can be highly advantageous when you eventually have your own products. Progressing in a sales career is also quite promising, as this role plays a pivotal role in contributing to a company's revenue. No significant capital is required; you just need to sell other people's products to make a profit.

[Bd officer]

.......
Let's talk about small scale businesses that have low risks and promising profits so that we can have capital to invest and become passive income in the future.

Do you have a small business idea? or business experience? I want to hear it

All businesses, big or small, are risky. To do business you need to have knowledge and good talent. OP you can start grocery store business with little capital. Risk is also less in small capital business. People's daily necessities can be kept in the store. You can start with small capital first, if you can profit later. You can invest some of the profit in Bitcoin. Which can be positive for you in future. Investing in Bitcoin can help you grow your business.

[BigBos]

Do you have a small business idea? or business experience? I want to hear it

I am also looking for a business option like this that is affordable by relying on some skills, one of which is utilizing social media sources in marketing. At present there is no way that is impossible for minimal capital, but the profits can be quite promising. In one of the social media I have done an experiment to open an online shop, but based on the experience of sales of the product only rests on the trend so that it cannot last long. It doesn't matter while entering the time in the trend is quite significant I can still make a profit of more than 70%.

[legendbtc]

.......
Let's talk about small scale businesses that have low risks and promising profits so that we can have capital to invest and become passive income in the future.

Do you have a small business idea? or business experience? I want to hear it

All businesses, big or small, are risky. To do business you need to have knowledge and good talent. OP you can start grocery store business with little capital. Risk is also less in small capital business. People's daily necessities can be kept in the store. You can start with small capital first, if you can profit later. You can invest some of the profit in Bitcoin. Which can be positive for you in future. Investing in Bitcoin can help you grow your business.

I once opened a grocery store for my wife and I can say that it was quite hard work and did not bring much profit. As for capital to open a grocery store, it depends on the scale, it is not a small business model, you can expand it to a large scale if possible. With a small store size, importing goods in limited quantities will prevent you from getting a better price than a larger store, thereby leading to very low profits. Not to mention, many items will expire very quickly and liquidation at small stores is very difficult and not as convenient as supermarkets...There are many issues that need to be resolved if you intend to open a grocery store, so you should consider carefully.

[EluguHcman]

Normally before taking a high risk in an investment, you must have beaten the the section of low risks otherwise it would be too broad and more risky to be handled.

Now talks about what minimum investment recommendable to venture on with a low risk and capital raise.
Firstly the conciousness of your job termination as an employee should always trigger your financial faculties in order to be creatively established and venture into something personally productive (investment).
Meanwhile... No investment is minimal and no investment is a maximum other than the risk rates.

However, I am not to categorically state a particular amount as a capital to start up a business but I would recommend a "Bitcoin Investment" because it has it has no defined minimum amount for a kickstart.

Hence... It is a decentralized trading exchange that has the potentials to yield profitable incomes (lucrative) with no risk other than your patient and your focus in the market.

Alternatively, you can also be a prosperous investor in Bitcoin investments by>>>
* Free Mining on airdrops.
* Cloud mining where sites also provides you with free bitcoins.
* Staking a staked amount  in your wallet with a target of time.

Conclusion>>> Bitcoin investments is a reliable and lucrative source of income that is opened to trade on with any amount with a maximum of lower risk that only demands your patient.

[Chilwell]

However, to start investing we need capital. How do you find capital for investment?

To start a business we need money and how do you get the money to start this is very simple, now you have idea of what you want to go into, first of all you have to go to those that are into that business and learn it every well know in and out of it, this am advice you is a difficult way and the process is very long, it all depends on you, serve as a boy to them, be loyal to them, respect them, in fact make sure they like you, that is when they will decide to trust you and send you anyway, but remember anything they are giving you try to save it no matter how small it is because that little you are saving will set you free one day.

Have all this knowledge is the best for someone who don't have money to invest because if you are lucky someone with money and idea will call you later or you can go and meet the person to convince the person about the business and the profit involve and also the risk involve. The reason I said you should save it a smart person will ask you how much do you have now, after you showing the person and the person is impress with your money them you will have the person support.

[xSkylarx]

Youll start by saving or taking a loan for capital, but it is preferable that you save and while saving youll be conducting your own feasibility study to check if your business will be good in that area. Planning is crucial to making sure that your business will be successful.

Food business is really what I have been planning because I have noticed that in my area there are only a few food establishments and I would say that food is not good so having a good quality small restaurant is better both to sell food and to have dine-in customers. It is just a simple restaurant so my capital is small and later on if it is good I will just renovate it to be bigger.

[dothebeats]

There are a lot of ways to earn the money needed for the capital of an investment you wish to take part in. One of the simplest and most obvious answers is a business that you already have knowledge about or are passionate about as it gives you the background you need in order to at least know the basic dos and don'ts of that business. Another one is a business wherein you offer your services instead of products, aside from not having a big capital needed for this kind of business it will only require little to no manpower which will save you a lot of money. However, it is always best to remember that even in conducting businesses, whatever it may be, there will be risks hence it is best to always have a proper plan that will be the foundation of your decisions and actions.