5 Easiest Businesses to Start: Low Risk, Inexpensive, and Low Maintenance

Starting a business doesn’t have to be a high-stakes gamble. There are plenty of opportunities out there that require minimal investment, pose low risk, and demand little maintenance. Here are five of the easiest businesses you can start today.

1. Vending Machine Business

Why It’s Easy: Vending machines are a classic low-maintenance business. Once you place them in high-traffic areas, they can generate passive income with minimal effort. You’ll just need to restock and maintain them periodically.

Initial Investment: The cost of a vending machine can range from $1,000 to $5,000, depending on the type and condition. You can start small with one or two machines and expand as you see fit.

Success Story: Mark’s Passive Income Stream: Mark started with a single vending machine in a local gym. Within a year, he expanded to five machines in various locations. His vending business now generates a steady passive income, allowing him to focus on other ventures.

2. Online Courses and E-books

Why It’s Easy: If you have expertise in a particular field, creating online courses or e-books can be a great way to share your knowledge and earn money. Platforms like Udemy and Amazon Kindle Direct Publishing make it easy to reach a global audience.

Initial Investment: The primary investment is your time. You might also need some basic equipment like a good microphone and camera for recording courses, which can cost around $100 to $500.

Success Story: Lisa’s Educational Empire: Lisa, a former teacher, created a series of online courses on effective teaching strategies. Her courses quickly gained popularity, and she now earns a substantial income from her online educational content.

3. Dropshipping no

Why It’s Easy: Dropshipping allows you to sell products without holding any inventory. When a customer makes a purchase, the order is sent directly to the supplier, who then ships the product to the customer. This eliminates the need for storage and reduces upfront costs.

Initial Investment: Setting up an online store can be done for less than $100 using platforms like Shopify or WooCommerce. Your main expenses will be marketing and website maintenance, which can range from $50 to $300 per month.

Success Story: Tom’s E-commerce Success: Tom started a dropshipping store selling eco-friendly products. With a small initial investment, he focused on marketing through social media. His store now generates significant monthly revenue, allowing him to quit his day job.

4. Pet Waste Removal

Why It’s Easy: Pet waste removal is a simple service that many pet owners are willing to pay for. It’s a straightforward business that requires minimal equipment and can be done on a flexible schedule.

Initial Investment: You’ll need basic cleaning supplies and transportation. The startup cost is typically under $500.

Success Story: Emily’s Pet Service: Emily started her pet waste removal service in her neighborhood. Word of mouth quickly spread, and she now has a loyal customer base. Her business has grown to include additional pet-related services, providing her with a stable income.

5. Turo Business

Why It’s Easy: Turo allows you to rent out your vehicle to others, providing a steady stream of income with minimal effort. It’s a great way to monetize a car that you don’t use all the time.

Initial Investment: The main investment is your vehicle. If you already own a car, you can start with little to no additional cost. Maintenance and insurance are ongoing expenses, but the potential earnings can outweigh these costs. If you need to purchase a vehicle, consider a reliable used car, which can range from $5,000 to $15,000.

Success Story: John’s Turo Triumph: John, a veteran, used BizFunder.net to secure a business credit card with zero down payment. He purchased a reliable used car and started renting it out on Turo. His Turo business quickly became profitable, providing him with a steady income stream.

Conclusion

Starting a business doesn’t have to be a daunting task. With these low-risk, inexpensive, and low-maintenance options, you can embark on your entrepreneurial journey with confidence. Whether you’re looking to supplement your income or build a full-time business, these ideas offer a great starting point.