Top Profitable Business Ideas for Women with Low Investment in 2020

profitable business

Negosentro.com | Some of us find it a daunting proposition to start a profitable business with little to no investment but the truth is with ingenuity and a lot of determination you can create a profitable business within a short amount of time.

Sure we need to consider a few things before we get started such as our skills level, if you have a great education or no education whatsoever it’s still possible for you to make a successful business.

Before you start your business make your initial business plan, it does not need to be elaborate but it will set out what your goals are and if your idea is feasible.

Create a SWOT analysis about your business, it’s easy but make sure you are truthful.

  • Strengths
  • Weaknesses
  • Opportunities
  • Threat’s

Become an affiliate marketer

Affiliate marketing costs you nothing more than time and effort, if you are unfamiliar with affiliate marketing it is how amazon sells a large number of their products.

You effectively become the marketing vehicle for the products you choose; you will need a PC/laptop and an understanding of affiliate marketing. Once you have cracked this market you could potentially make thousands of dollars per day.

Blogging

 Yes, you read that right; you can make money by becoming a blogger. You will need to create a blogging site and then start your blogs, select a subject that is likely to attract a regular readership.

One your blog becomes established you will be approached by businesses that will want to advertise their products on your blog site.

To be honest, if you have a flair for writing witty and engaging blogs you will find the experience fun and rewarding.

Become a WordPress guru

Almost all content on the web is posted using WordPress, and WordPress requires a little knowledge but it’s easy to attain from research.

If you have completed a college course in computing and have basic code experience then you can create WordPress themes and sell them online. The demand is high and you will find yourself with a lucrative business.

What if your skillset is not in IT or computing

The first thing to understand is that you are not alone; some of us are just useless with IT and computers. But, there are other things we can do that create an income that’s worthy of any business.

Purchasing from a supplier

Keeping in mind that any investment budget is low so we will need to start small and grow the business but this business model has stood the test of time and has little risk of failure.

If you can buy a product or products at a discounted rate and then sell those products on to family and friends at a profit you will be on your way to making bigger things happen.

Once you have established your market and grown to the point where you can afford an outlet such as a shop or market stool you can start selling to the general public, this is when profits become significant.

Healthy foods

With so many people suffering from allergies and ailments like diabetes it’s entirely possible to start your own healthy food products business from the comfort of your own kitchen. 

You can sell your products in a local store and when your health foods gain momentum you could find yourself supplying supermarket chains.

It’s a great way to start a small business on a low budget and the exciting thing about healthy foods is the market is worth billions of dollars and growing all the time.

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