During the pandemic, many people started looking for additional income by starting small businesses, because, with the current technological advancements and developments, there are a variety of apps that enable you to manage and promote your business from home, allowing you to develop an entrepreneurial spirit, and manage your business’s finances.
The following are four small capital business ideas recommended by Youtap that you can try during the pandemic:
People are becoming more conscious about their health and diet, and are looking for healthy and affordable alternatives. You can start by offering your homemade dishes to family, neighbors, and close friends because your products are homemade and not mass-produced. You can adjust the initial capital needed based on the number of orders, encouraging your customers to share your business on social media to increase your exposure and market share.
Dropshipping is the type of business that doesn’t require a large capital investment because you only offer products to buyers without having to purchase the products yourself. The business concept is simple to run, as long as you have a reliable internet connection to coordinate with product suppliers easily.
To make your dropshipping business more successful, try these suggestions: find products with high demand and check for trusted suppliers.
Also Read: 5 Most Effective Marketing Strategies to Apply After the Crisis Period Caused by the Pandemic
The pandemic has made everything more digital. People need data packages or Wi-Fi. You can become a mobile phone top-up agent and sell from home, or alternatively, you can set up a small kiosk in front of your house or offer top-up services to people in your network through social media.
During the pandemic, one innovation made by coffee shop entrepreneurs was to sell coffee in bulk (liter-sized). You can start your own coffee business by packaging coffee in 500ml or 1-liter bottles with various variations right from home, promoting it on social media, and offering delivery services. With advanced technology, you can sell to your customers remotely using digital menus and contactless payment methods such as QRIS.
These are four small and simple capital business ideas you can try from home. However, don’t forget to keep organized records to ensure that your business runs smoothly.
And, there is no need to stress and hassle with paper notes, because you can easily manage your business with the Youtap app.
Just download, sign up, and enjoy the fantastic features that Youtap offers you!