BUSINESS IN 2022 YOU CAN START WITH LESS THAN 500$

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What You Need To Know When Starting A Business
BUSINESS IN 2022 YOU CAN START WITH LESS THAN 500$

BUSINESS IN 2022 YOU CAN START WITH LESS THAN 500$

Do you want to start a business? You have heard the good news that there are about 582 million entrepreneurs worldwide and 80 percent are making a lot of profit. But quite, unfortunately, you don’t have the startup cash to invest thousands of dollars to make it happen.

What do you do? Fortunately, starting a business doesn’t always require a lot of money. In our article today, we show you 4 profitable businesses you can start with less than 500$ in 2022.

1 . BECOME A SOCIAL MEDIA MANAGER

Being a social media manager is more time and knowledge-heavy than cost-intensive. You don’t need to spend a lot of money to get started as a social media consultant or social media manager, but you do need to set up a website for your business and introduce yourself to customers.

Figure out the right way to describe your services, and show potential clients how you can help support their business by creating content, posting on social media channels, making an overall plan for social media strategy, keeping up with customer interactions, and measuring results ROI.

This low-cost small business idea can help you make good money as a professional consultant to other businesses, and it can all start by turning the time you spend scrolling through Instagram and Facebook into something more valuable.

5 WAYS AFRICANS CAN EARN ON SOCIAL MEDIA
SOCIAL MEDIA MANAGER

2 . BECOME A PROFESSIONAL ORGANIZER

In recent years, especially during the pandemic lockdowns, there has been a big trend toward simple living, de-cluttering, and thinking fresh about how to get the most out of your home.

If you love organizing, and you’re particularly good at it, then you can turn your passion into a small business that doesn’t require much in the way of startup costs. Start by organizing your friends’ homes and sharing the before and after photos on your website or social media accounts.

This can be your “professional portfolio.” Buy some professional liability insurance and you’re on your way. Professional home organizers have become more mainstream in recent years thanks to the reality shows about hoarding. You will get to decide what you want to charge as an hourly rate, but it is not uncommon to see hourly rates vary from $50 to over $100/hour, depending on experience.

PROFESSIONAL ORGANIZER
PROFESSIONAL ORGANIZER

3 . BECOME A FREELANCE WRITER/EDITOR

If you are a great writer or a detail-oriented editor, freelancing could be a great small business option for you. If you already have a laptop and an Internet connection, the investment in this business is minimal.

Most of your up-front cost for getting started in freelancing will come from marketing yourself to find new clients. The options are endless here from writing articles and blog posts to technical writing and training manuals. Determine where your strengths lie and start there.

FREELANCE WRITER/EDITOR
FREELANCE WRITER/EDITOR

4 . TRANSCRIBE AUDIO FOR YOUTUBE CHANNELS OR PODCASTS

YouTube creators and podcasters often want to take their audio and video content and turn it into blog posts, ebooks, downloadable guides, and more. If you have a fast typing speed and can accurately transcribe audio to text, this could be a low-cost business to start.

Some YouTubers and podcasters may want you to also do some original writing as needed and be able to edit and structure the content you are creating. Your startup costs will be minimal, with only a computer and perhaps some transcription software needed.

TRANSCRIBE AUDIO FOR YOUTUBE CHANNELS OR PODCASTS
TRANSCRIBE AUDIO FOR YOUTUBE CHANNELS OR PODCASTS

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