Back To Top

Blog

How to Start Up a Small or Side Business Without Spending a Fortune!

How to Start Up a Small or Side Business Without Spending a Fortune! How to Start Up a Small or Side Business Without Spending a Fortune!

If you've been thinking about starting a side hustle, today's Redefining Barter Blog post is full of some easy, low-cost ideas that could help you bring in some extra dollars. While some of these may take time to see any returns on your time investment, they all have a low-cost entry, making them perfect to try as a side business! 

 

Set up a Youtube channel or sell an e-course online: You can earn revenue through ads on platforms like YouTube, or build an online course about something you know well & sell it!

 

Start a blog: If you're a decent writer, blogs are a great medium to share your knowledge and passion with the world. You can earn revenue through blog ads hosted on your website, commissions via affiliate marketing links, and/or Google AdSense.

 

Start an online vintage store: Start by cleaning out your closet and home and put all the high-quality things you no longer need/use together. Take pictures of them, price them and create an online vintage marketplace to sell them on! This is an easy and eco-friendly way to take things you don't need anymore and turn them into a source of revenue. One person's trash is another person's treasure - right? You can even recruit more items from friends and family that are getting rid of their unused items as well. If this business idea becomes something you enjoy, you could turn this into your main job by starting up a highly curated vintage shop. This would involve you going to other vintage stores, estate sales, thrift shops and yard/garage sales and handpicking trendy/timeless/themed/whatever you wish items to sell to your customers, therefore taking the hassle out of the thrifting/vintage shopping process for them and allowing you to charge a bit more for these speciality items. This would also help your business support other local businesses as well as your own and allow people to buy unique pieces more sustainably! 

 

Launch a podcast: If you like to talk and have a lot of personality, you can earn revenue from sponsor ads or via listener-supported donations through platforms like Patreon.

 

Turn your passion or hobby into a side business: Start by reading our previous blog post on How To Create A Business Idea That You're Passionate About and then turn that business idea into a reality by slowly starting it up as a side business alongside your regular job to maintain financial security - more information on doing this successfully in our post on how to Continue Earning While You Start Up Your Small Business!

 

Diversifying your income stream and starting up your own side business has many benefits including; allowing you to have lots of variety in your workday, giving you the ability to pursue a passion as a career without risking everything to make it happen, and providing more financial stability through difficult times. Try out one of these ideas and see how it benefits your career, life, mental health and finances! Want to learn more about owning a small business? Click here to view our Redefining Barter Blog Gallery for lots of posts on a variety of small-business related content, tips and tricks... 

Links

Want to see how
BarterPay Niagara
can work for you?