Issa Asad Shares 5 Businesses You Can Start for Less Money
Issa Asad Florida
Launching a business can be a pretty daunting process. You will first have to come up with a viable idea, get to grips with the financial aspects and ultimately make your dream into a reality. So, merely understanding how to found a company is just the tip of the iceberg. However, ventures that carry a decreased financial risk can conveniently mitigate the uncertainty of your gamble. Therefore, always make it a point to settle for businesses, which are financial practical in your current circumstances.
To which end, there are numerous small business ventures that won’t necessitate you breaking an arm or even leg in the process of launching them.
“Still, the main thing to always reflect on in all this, is being able to start a company that will let you leverage on your existing skillsets,” advises Issa Asad Florida entrepreneur and CEO since 1996. Mr. Asad is the CEO of Q Link Wireless and Quadrant Holdings, located in South Florida. He is also the author of 4 e-commerce and marketing e-books that can be purchased on Amazon.
While allowing you to set it up without a bloated initial capital too. Here, Issa Asad Shares 5 Businesses You Can Start for Less Money:
1. Day care business
Initial capital – $1,000
Projected monthly earnings – $1,000 to $5,000
Should your home meet day care prerequisites, you can be able to launch a profitable day care venture at a very decreased cost. Essentially, you will simply require some valid license, an insurance cover and the necessary supplies. Also, you will have to be aware of the conditions for starting such a business and how to obtain permission to do so. You can do this by just consulting your state’s family services department.
2. Lawn care business
Initial capital – $1,000 to $3,000
Projected monthly earnings – $2,000 to $5,000
You can found a lawn care venture with just a functional lawnmower and when you are armed with excellent work ethics. Best of all, even if you don’t own a lawnmower, you can still use your clients’ own equipment or rent one, until you get sufficient cash to invest in your own.
3. Courtroom transcripts proofreading business
Initial capital – $500
Projected monthly earnings – $2,000 to $3,000
Generally speaking, you can launch a courtroom transcripts proofreading business very cheaply. All you will ever need is an email address, which you can set up for free and access to applications, which can enable you to mark up documents. A good example of the latter is Google Docs that is accessible for free too. After your first few successful projects, you will be able to market your venture more effectively, fast track customer acquisition and even take time to polish your proofreading skills.
4. Bookkeeping business
Initial capital – $1,000
Projected monthly earnings – $3,000 to $4,000
It is very important to note that you will not require a business or accounting degree to launch a bookkeeping business venture. Nevertheless, it can be of great help if you could take a relevant course at your local community college or even on the web. There are websites including Udemy and SkillShare, which offer excellent courses on accounting software such as QuickBooks.
5. Real estate business
Initial capital – $1,000
Projected monthly earning – $2,000 to $10,000
Ideally, based on your state’s given requirements, you can easily launch a real estate business. With most state’s you will have to take a course and pass a licensing examination. Should you wish to work for an established real estate firm, you will need to foot a franchise fee as well.
