Starting a business with a limited budget and a short timeframe requires careful planning and consideration.
Here's an outline of strategies and types of businesses you can consider:
Low-Cost Business Strategies: Online Presence: Utilize online platforms to reduce the need for physical space.
Leverage social media for marketing and customer engagement.
Freelance Services: Offer your skills as a freelancer in areas like writing, graphic design, programming, or digital marketing.
Platforms like Upwork, Fiverr, and Freelancer can connect you with clients.
Dropshipping: Start an e-commerce business without holding inventory.
Partner with suppliers who handle packaging and shipping.
Affiliate Marketing: Promote other companies' products and earn a commission on sales.
Build a website or use social media for affiliate marketing.