5 Businesses You Can Start with £0 in 2020

Hello everyone and welcome back to my blog! In this blog we will discuss something that most of my readers are probably highly interested in: How do you start a business with little to no money?

Money has always been a hindrance to many who need to start a business. Startup capital is always a turn-off, since getting it can be devastating, especially when there is no personal source of funding or funding from family and friends. There are other means out there, ranging from bank loans which demand a good credit history and sometimes collateral. To Angel investors who demand a detailed business plan, some financial commitment from you, and a bunch of other things you don’t have the luxury of giving.

If we had a way to avoid all these and still make some sustainable income, then nobody would be unemployed and in debt. Well, worry not, there is a way to ditch the writing and editing of countless dream-crushing business plans, of never seeing those unrealistic demands of financial institutions and of starting a business without funds from family or friends.

I will happily give you five businesses to start with $0 or slightly more. Without further ado;

£0 Business Ideas in 2020

1. Facebook Advertising

Things you need: There is little to nothing to do when starting this. As long as you have a Facebook account, an internet working gadget and the time, you are good to go.

How to earn: A Facebook ad agency focuses on promoting business, small, medium or large. Many business owners have no time to make and run a social media advertising platform, but many will gladly pay a fee to have someone do it on their behalf. There are so many businesses out there that this market can’t get saturated.

Earnings: Although there is no stated pay range, considering that it all depends on your client’s financial state and your pay rate. But you get two options from Facebook. You get a 25% incentive for all income or $1,000 pay per month on each client rate, which would exclude the agreed charge of running the ad.

2. Airbnb

Things you need: A free space, shared or private, and internet access.

How to earn: If you have a space, then you have a business, Airbnb does it all for you. It has everything already set, and all you have to do is navigate through its user-friendly site. Sign up, place your space on its site and have an interested client contact you. As long as people travel, be sure that you will always be in business.

Earning: As a host, you can find out how much you can make through their calculating section. It will let you know how much you are likely to make. Putting into consideration factors like location, space, privacy, season and lots more.

3. Content Creation

Things you need: Intermediate Knowledge of anything at all, a working internet equipment, a recording device, and a YouTube channel.

How to earn: You would need to get a YouTube page by signing up on their easy to navigate site. Then post your recorded videos. You will need to monetize your account, which you can learn how to use from help pages or through various YouTube videos.

Earning: With an average payment method of £5 a day on each video on your page, you can get a good sum in the long run.

4. Freelance Work

Things you need: Internet equipment, skill-set in almost anything internet-based, and time.

How to earn: there are several sites littered around the web that offer clients and freelancers a secure meet. Reigning at the top are Fiverr and Upwork, but there are many still making waves for themselves like Guru, Freelancer, and more. All you need to do is sign up, set your skill-set, portfolio, and profile. Some sites have you place your services and pricing while others have you bid on projects.

Earning: There is no certain pay and some jobs can offer better or less. Everything depends on the client, workload, payment structure, and project term. However, a few statistics have given an estimated £20 per hour on average for freelance writing gigs and higher for graphic or web designing. You can always work on more sites and double your income flow.

5. Online Product Reselling

Things you need: a working internet gadget, goods, a product selling account.

How to earn: Many sites offer ways for you to sell products. You really don’t need so much for starters and you can always resell old or not very used items around the house for a fair price. You could also get thongs cheap at flea markets or various sales markets and resell at a profit. eBay, Amazon, and others offer very favorable options to sellers.

Earnings: Nothing on average, but you can make an average of £5 on each resold goods.

6. Enagic’s “Kangen Water” Referral Program

If you’re unfamiliar with Kangen Water, or Enagic as a whole, don’t worry — I’ve got plenty of information about that on my blog. As always, links can be found in the resources below.

Things you need: A passion for Eco-friendliness, good networking skills and time.

How to earn: Enagic’s patented business model works entirely on recommendations. They’ve got fantastic compensation plans, and choosing to partake in the program carries a variety of benefits. Additionally, if you are interested in owning the product yourself, you can enjoy special discounts. If you’d like to learn more about Enagic, I’d like to use this opportunity and invite you to one of my workshops — links in the resource section below!

Please keep in mind that this one requires a small initial investment, as you’d need to purchase one Kangen Water machine before you can start recommending it to others. By doing this, however, you’ll also get to experience and enjoy all of its benefits first-hand.

What makes Kangen Water so popular?

If we want our bodies to function well, or simply put — if we want to be healthy and happy, we need to maintain a certain pH balance. This means not only watching what we eat and drink but also how and when we do it. Of course, this isn’t something that you can control at all times. Unexpected events happen, and when they do, our pH levels get messed up. Additionally, a lot of the foods and beverages (soft drinks being the main culprit here) that most people consume are capable of messing up the balance on their own, introducing a myriad of spikes and drops in acidity levels.

To counteract this, most people turn to antioxidants — fresh fruits and veggies, minerals and vitamin supplements are the usual go-to here. But let’s say that you’re already eating your fair share of fruits and veggies, and you’d like to do even better? Well, this is where Kangen Water comes in!

Kangen Water is

  • Alkaline in nature — the leading quality which allows it to counteract the excessive acidity of your average modern lifestyle.
  • Micro-clustered — the molecules of Kangen Water are smaller (or actually — less clustered), allowing your body to absorb it faster and enjoy better overall hydration levels.

Enagic’s devices provide you with a steady supply of alkaline ionised water, capable of counteracting all of the issues I mentioned above, all the while allowing you to lead a greener, healthier and more natural lifestyle!

Conclusion

The good thing about all six free business ideas for 2020 is that they can always provide funds for their needs with no external input. That is by far the most attractive feature.

Whatever business you run, if you work hard and commit to it, in the long run, it will bare favorable fruits.

Recommended for further reading:

© Lifestyle Tips by Antoaneta

Entrepreneur and eco-friendly enthusiast. I’m on a green mission to clean up the way we live. Share the passion — follow my journey now! http://bit.ly/2FloQoQ