These days everyone is searching for the perfect side hustle to turn into a business. Potential business opportunities for 2024 exist out there and with a little hard work sprinkled with dedication, making your opportunity a success is a possibility. In our article, we are going to focus on seven potential business opportunities that you can start for less than $1000 in 2024.
1. Tutoring
Tutoring is something that those who excel in a subject area can start. As a business opportunity, it only requires that you have your own website with the ability to schedule clients. Tutoring is something that can be done virtually or in person. If you have a college degree, this makes the perfect opportunity to use your knowledge to help others.
If specific areas are your expertise, you can reach out to local schools or colleges to offer your tutoring services. For tutoring, you can charge up to $25 per hour. Some tutoring may require multiple weekly sessions.
Tip: If you are meeting clients, don’t forget to allow for travel time in between clients when you are setting your schedule. This will help you avoid being late for tutoring sessions. Or plan your in person tutoring sessions at your local library to avoid having3 to travel.
2. Bookkeeper
In today’s world, more people are hiring out certain jobs. Bookkeeping is one of those jobs that can be done either virtually or in person. It is also a service that can be offered to multiple clients at the same time. The cost involved is usually for certification. If you do not have certification, you can obtain it for less than $500.
3. Virtual Assistant
Virtual assistants are in demand as entrepreneurs expand their businesses. Assistants can help with everything from scheduling, maintaining a calendar, to helping with social media accounts. Websites such a Fiverr can help you reach out to those needing help. Or you can create your own website and advertise for clients who need your specific skill set.
4. Dropshipping
Dropshipping is an opportunity that is still in demand. Finding a great product, advertising said product, and then having a company fulfill the orders is part of the dropshipping opportunity. Websites such as Oberlo and Alibaba have products and dropshippers available. You can even create a website using Shopify or WordPress and use a plug in to connect to dropshippers.
5. Photographer
While it may seem like the photography business is being oversaturated, if you have skills it takes to stand out, you can easily compete in this market. To start a photography business, you will need equipment, a website, and offer some free sessions to build up your portfolio. Once you have a portfolio of your work started, you can begin to charge for sessions. There are a lot of great photographers out there that offer advice or even classes to help you perfect your photography business.
6. Sewing and Alterations
If you are a skilled seamstress, sewing is a great business opportunity. Many people are looking for those who can help with alterations, repairs, and even clothing creation. To start a sewing business, you only need $500 to purchase equipment and supplies. This is a business that can be run directly from a spare room in your house.
7. Home Cleaning
With today’s busy lifestyles, home cleaning services are something that many are in search of. Especially for parties or just daily life. Just make sure that you are bonded and insured before starting your business.
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