Do you want to start a business but don’t have big money to invest as a capital? Capital is important in starting and operating any business or enterprise. However, capital can be financial or human capital. If you don’t have big amount of cash savings to fund your business, you can rely on your talent, skills and precious time to start a business that doesn’t require a lot of money. There are business ideas in the Philippines that you can start while you are still growing your money. A lot of these opportunities can be found on the Internet.
Online businesses can be started with small capital. All you need to do is to have a computer, a reliable Internet connection, a specialized knowledge, and the passion and will to succeed. Online business ideas include blogging, website design and development, Internet marketing services (SEO and social media marketing), online networking, freelance writing, online business consulting, virtual office assistance, graphic designing, and more.
Professional blogging, for example, can be started by purchasing your own brandable domain name and reliable web hosting. You will only spend about $10 (P500) for a one-year registration of your dot com domain name. A $10 web hosting per month can already bring a starter blog online – you can upgrade this anytime as your blog and profit grow.
As long as you have the patience and diligence to acquire expertise on them and have the passion in serving your clients, you can make money and succeed in your chosen industry. You can even start those businesses without spending on office rental – because you can operate them at home. You can check our list of 40 Internet business ideas that you can start at home.
There are also small businesses that you can start outside of the Internet. You can check these 51 home-based business ideas for your reference.
Remember that if you want to start a business with small capital, you have to invest more time and dedication. It is also best if you will first spend intensive time and effort in studying and learning for a specific expertise which you can use to provide your services.
Take note that most of the businesses with low capital are service providers. This is because they don’t need the money capital to use in purchasing goods or merchandise to sell. With their knowledge, talent, expertise, and skills, they are using themselves as their own product.