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Top 8 Business Ideas For 2020 With Almost No Initial Investment

| Published on November 25, 2019

With advancements in technology and mindset of people, people are getting more inclined towards the idea of starting a business. However, preliminary or setting-up costs of a business that often outweighs the financial stability of a person, finally leads to the failure of the idea.

So, let me stroll you through some excellent Business ideas with literally no initial expenditure:

1. Become a Blogger

Blogging is one of the most common things profession or a side-hobby. The amount of bloggers over the web is increasing day by day. You can create a website for Rs.500 per month or Rs. 10 per day. Websites such as godaddy.com or bigrock.in can be very useful for that purpose. If you have good writing skills and the desire, then pursuing blogging as a career can prove to be very advantageous.

2. Start giving home classes

If you are good at any extra-curricular activity such as dance, music, drawing, cooking, etc you can start giving lessons to the young aspirants. Parents nowadays encourage their children to take part in activities apart from their studies. Initially, you can start at home, since it requires no prior setups apart from the space and the skills that you already have.

3. Creating Chatbots

Online trading has increased in India, manifolds. To accommodate the rise in sales, websites need to create bots to ensure a faster and better communication system. If you are a tech maestro and can help the company creating these chatbots, trust me, they can pay you in ways you would have never imagined.

4. Interior Designing

People are spending a hefty sum to designers to adorn their homes into masterpieces. Not just that, even the trend of hanging out at cafes and restaurants has increased a lot and so subsequently people are investing more and more on such ventures. So why not put your craft of decorating places to productive use?

5. Web Development

Almost all small and large scale companies are going online. Every organization is creating their online presence to be globally available for their audience. Therefore, if you are adept in website developing, then you can make them for the companies and make a lot of money out of your skills.

6. DIY video maker

People often complain about how watching “Do It Yourself” videos online takes away a lot of their time. DIY videos are widely watched and appreciated worldwide. Viewers often implement the simple yet unique ideas shown in the video to make gifts and items for their family and friends. If you are crafty enough to come up with new ideas, what’s the wait worth for? Shoot and upload!

7. Photography

Photos on the occasion of weddings, baby and bridal showers, etc are a must in today’s period. Adding to this, there are many photography pages on social media that are viewed by millions of public. After all, it’s a generation of Instagram! 😉

8. Become a yoga trainer

People are becoming more and more aware of their health and taking care of it. Yoga indeed is a good way to keep you in good physical condition. Good yoga trainers are hard to find and not much available. Therefore, if you are good at it, you can commercially gain through your skills.

Which business idea do you recommend in this Digital age? Share your views in the comment section.

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