I have been thinking and this is what i came up with, these are five businesses that can start with very little money
1- Consultant– Do you have expertise in something that you can use to help others. Then you could consider becoming a consultant. However, you will definitely need to have expertise in something. This doesn’t mean having a degree. If you have been working in the marketing field for a number of years, then you can become a marketing consultant, helping businesses develop and launch their marketing campaigns.
2- Bookkeeper– many small businesses in Grenada do not keep proper records, especially financial records. Many of these small businesses later go on to financial institutions to seek loans and other financial services. The financial institutions will then ask for their records which most of them normally don’t have. There is a great opportunity for someone involve in accounting, to approach these small businesses and offer to keep their books for them, and convert this into a legitimate business.
3- Day Care– If you love children and love taking care of children as you would take care of your own, then this is a great opportunity for you. Lately many parents are becoming busier and need somewhere to put their babies and younger kids. Becoming a baby sitter or having a day care can be an opportunity to be exploited.
4- Gift Basket Service– I believe this is a great opportunity. I am always looking for a gift for family, friends and loved ones and it always seems so difficult to find it. If someone can develop a business putting together gift baskets, then this will make a lot of person’s lives much easier.
5- Social Media Consultant– Social Media has no doubt presented businesses with a unique marketing opportunity. However some of the generation x business owners may not be as savvy as generation Y. So if social media comes naturally to you, you may just have an opportunity to become a social media consultant. If you can help existing businesses integrate social media into their other marketing campaigns, you should have no trouble making a go of it.