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Best Business To Start With Little Money In 2024 – Forbes Advisor UK
Looking to make some extra cash? You may find some of the best businesses to start with little money are easier to get off the ground than you think. For an outlay of under £1,000, you could build yourself a side hustle that could help offset rising prices or just provide some cash to bank for the next holiday. We’ve rounded up our top 20 options.
Best Business To Start With Little Money In 2024 – Forbes Advisor UK
20 Businesses to start for under £1,000
1. Bookkeeping service
You’ll need a qualification to work as a bookkeeper, such as through Association of Accounting Technicians (AAT), so this small business idea might not be accessible to everyone straight away.
Best Business To Start With Little Money In 2024 – Forbes Advisor UK
Finding contract work as a bookkeeper will require you to put some marketing efforts too, on websites such as Upwork, as well as on social media and even traditional methods, such as putting an ad in your local newspaper. Generally, you can charge between £20 to £60 per hour, depending on your sector, location and your experience.
Best Business To Start With Little Money In 2024 – Forbes Advisor UK
What you need: At least five GSCEs, grades 9-4 including maths and English. Qualification such as through the Association of Accounting Technicians (AAT), a professional website
Best Business To Start With Little Money In 2024 – Forbes Advisor UK
Approximate cost: £300 (to start); £75 per month (ongoing costs)
Best Business To Start With Little Money In 2024 – Forbes Advisor UK
2. Tutoring business
Another great choice that doesn’t require higher education (though it helps) is to work as a tutor in any subject in which you’re an expert. As long as you have GCSEs in the respective subjects and are transparent on your CV, you can work with students who are struggling in particular topics.
You could teach students in your home or go to their house or a library to work together according to the preference of you, your student and his or her parents.
To get your name out there, consider using…
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