What to sell with little profit? Business guide for new investors -

In business, capital is an extremely important factor to help maintain production activities. However, not everyone has enough financial strength or the ability to call for a large amount of investment. The market is vast, needs and trends change every day; There are cases of successful business without large capital. So What to sell with little profit?? This article would like to send you ideas and guidelines for small but surprisingly effective business.

What business is low capital and high profit at this time?

What to sell with less capital and more profit: Online fashion business

Online fashion business has been around for a long time, especially on social networking platforms such as Facebook, Instagram, etc. However, the operation of those stores still has many shortcomings; leading to the business not achieving the desired results. This is your chance to realize this small capital business idea.

Selling clothes online, you will save money on rent in markets and shopping malls. If you do a dropshipping, you don't even need to pay for the import; Just wait for the customer to place an order and then notify the supplier.

However, in order to be successful in this field, you need to pay attention to: transparent price list, reasonable selection of goods sources, good taste, honest illustrations and videos.

What business is more or less profitable: Mobile apps

Currently, smart phones are the best-selling products in all technology products. The average turnover of a small phone shop on the street can be up to 3 million per day. This is a very profitable business. So what to sell with more or less capital, phone applications can be said to be the field of revenue of hundreds of millions per month.

The huge profits of the mobile phone business have caused related industries to constantly grow. One of them is a mobile application business. This is a type of intangible product, but can bring in revenue of several million a day for companies. And if you are a good business individual, you can earn an average of 1 million per day, of course, it can still be higher. Areas of application that you can do business include: marketing, accounting, games or entertainment applications, ...

What to sell with little profit: Office lunch delivered to your place

Office workers' lunch breaks are usually very short; they don't even have time to go home to eat. Many companies have headquarters located on the high floors of the apartment buildings, stepping outside will encounter the scorching heat at noon. The most convenient solution is to order lunch to be brought to the office. And you can take advantage of that to open a lunch delivery service for office workers.

You don't need a lot of capital to start a business, just enough to serve the popular dishes that office workers love. Next, link up with door-to-door delivery services, food delivery services such as GrabFood, ShopeeFood, Baemin, etc., or take advantage of available resources to save costs.

Usually, this customer file will book a series for the whole company or the whole room. Therefore, you should prepare materials and human resources to be able to meet perfectly. Note, office workers are sometimes very strict with the quality of food. Products that ensure the right taste and food safety and hygiene are the top criteria.

What to sell with little profit: Drinks take away

The take away trend is no longer strange in Vietnam; when the carts selling coffee, smoothies, milk tea, etc. appeared everywhere. The characteristics of this type of business are convenience, flexibility and low capital. You can have a stable business without a large, expensive premises. As long as the drinks are delicious, nutritious, and cheap enough, they will be profitable in the long run.

It is important that you make a difference from the general level in the market. It can be the uniqueness of the sign, logo or store design. It can also be attractive preferential policies for customers such as discount coupons, buy one get one free, etc.

The most unique element of money is in the drinks; Make it featured with your own recipe. This helps to position the brand you build among many other take away drink shops. You should also flexibly adjust the formula according to market needs.

What to sell with less capital and more profit: Trading in handmade products

Handmade products have a distinctive feature compared to industrial products, which is safety for users. Buyer psychology is now very afraid of toxic and carcinogenic goods. Therefore, we need to choose the right direction in the handmade process. Let's gradually build trust from customers with valuable products created.

Orientation of handmade products you can trade:

Cotton pillows have a variety of shapes: heart-shaped, rectangular, round, stuffed animal, ...

Storage basket: Holds makeup, pens, jewelry, and many small items, ...

Flower vases made from glass bottles, porcelain vases with artistic motifs are hand-painted.

Scarves, hats, knitted gloves

Necklaces, bracelets, rings,…

Cloth bags, sedge bags

Paper flowers, decorative cards

Suggested initial investment capital:

Money to buy materials: 5 million -10 million VND

Online advertising cost: 2-4 million VND

Salary for employees: 10-15 million/month (number of employees from 5-7 people).

At first, you should not set up a store that is too big, spend this money to finance online advertising costs. With handmade items that feel "real", non-toxic; then you can rest assured to develop this business idea in the long run.

What to sell with little profit? 6 steps to small business success

All business startups have to go through a challenge called “failure” before reaching success. However, every difficulty and challenge has measures to overcome. Get started with these 6 basic steps to learn how to run a successful small business.

Determine the target

The first rule for starting small business is to define a bigger goal than it really is. Having a clear goal will help you always overcome any difficulties easily. All ideas and plans are then based on the defined goals for the business. Remember, the more specific your goals are, the more likely your business will be successful.

Invest in business knowledge

The journey to riches is a choice; So choose to be rich every day. In addition to learning what to sell for a lot of money, invest in learning how to run a small business before starting a big one. Aim for jobs that help you learn basic business skills; such as accounting, marketing, business and investment law. And financial management skills such as cash flow management, system management, human resource management, etc.

A perfect business plan

The next step to ensure a successful business startup is to create a detailed and perfect plan to realize the goal. You should anticipate all that the business needs to have. How much capital is needed to get started? From what sources can investors be sought? Where is the company's location suitable for small capital? How much manpower to serve the business? There are countless factors that you must define clearly and specifically in your plan.

Build the necessary resources

After determining what to sell with more or less capital, have business knowledge and understanding of the market; But if there are not enough resources, it is not possible to develop well. The basic resources that every business needs are: capital, facilities and human resources. And an important resource that can be added is the management capacity of the leadership team. Focus on building these resources thoughtfully; then it's just about moving your business forward day by day.

Choose the right business form

The current market has a variety of business forms, giving you the opportunity to freely choose a business method. However, choosing the right business form for your goals and basic capital is not easy. Therefore, it is necessary to find out what to sell at the moment, which is more or less profitable; clearly define goals, products, capital and market trends before making a decision.

Brand developping

Product brand development is a must-do right after you have a business plan. A brand marketing campaign will help the company's image and products quickly reach target customers.

Conclusion - What to sell with less capital and more profit?

The above are just a few suggestions to sell something that is more or less profitable that will help you in the process of starting a business. Growing and maintaining a business is a long and challenging journey. To be successful, your business must be well prepared in terms of resources, pre-calculate risks according to market fluctuations and have a long-term development strategy.