Below are business ideas that you can start for R5000 and under. The ideas below are cost saving and most of them have immense potential to become a lucrative business. The ideas below were also selected for their relevancy in Today’s economy. Let’s have a look at them.
App Development
Are you good with developing and working with code? Why not use those skills to create Apps for people and businesses. This industry can be very lucrative and exciting because you get to create different apps and work with different people around the world.
Tutor
This is great for someone who already has knowledge of the school syllabus and loves to teach kids. You can have classes once a week and then more once you are comfortable enough. This can also be done on the weekends, allowing you to keep your job.
Blogging
This is one of my favourites because this is what we currently do. Starting a blog does not cost much and you get to work from anywhere in the world. This gives you much more freedom. The downside to a blog is that it takes time to build a good presence on the online space, however if you are comfortable with that, it will be worth it in the long run. You can read more about blogging here: How to start your own blog.
Event Planning
Event planning entails finding out the customers likes and dislikes, what they are looking to achieve from the event and costs involved. Event planning requires you to have some artistic side in order to impress your customers. You would also need to have a range of other businesses that you would work with, such as the caterers and decorators.
Lawn Services
This is a great business to get into, because grass always grows, and someone needs to cut and maintain it. You can source the tools and grass cutter at your local stores and the classifieds. Once you have your tools and machinery, you are ready to start marketing yourself and providing your services.
Personal Trainer
Do you like working out and eating healthy? Why not become a personal trainer. There are many benefits to becoming a personal trainer such as helping others become healthy, you get to meet new and interesting people and you also get to keep fit. It’s a win-win. You can find customers at your local gym and at sport events such as tennis and soccer arenas.
Web Designing
This is similar to app development, where you would need to know coding. Every business needs a website when they are starting up, if you have the knowledge of creating websites you can use it to create website for others and it does not cost much to start up.
Conclusion
There you have it. Some ideas to get started with R5000 and under. Now that you have read the ideas it is time to take action otherwise nothing will happen.
If you are looking to learn more check out our other blog posts below.
