File picture: Philimon Bulawayo
File picture: Philimon Bulawayo
Youtube is one of the ways that you start a business if you have little or no money
Photo: Facebook
Youtube is one of the ways that you start a business if you have little or no money Photo: Facebook

DURBAN - Its no secret that setting up a new business can be tough especially if you have little to no capital. But if you are truly determined to start your own business with little to no money, it can happen.

Here are some businesses ideas that you can start with little to no capital.

Social media consultant

If you want to start your social media business and have the talent but no qualification, don't worry. Google and Twitter have certified professional courses that require no money and can help you start your business.

Social media is a business that has extensive potential with a client base that can span across the world. The trend of online brand building will not be dying out anytime soon, which means business opportunities and clients will always be there.

Also, new social platforms are launched every year so the expansion possibilities are never-ending. You can use a range of social media management tools to make your job easy.

Blogging

There are so many different news and social sites that need people to write for them. You can become a resident blogger for hire and earn a good salary or become a freelancer.

Another idea would be to start your own blog and draw attention to your posts, then start monetising you your blog as you build an audience. People earn lots of money by monetising their blogs from paid advertisements.

Graphic design 

Businesses are always in need of graphic designers. Graphic designers are needed by businesses to convey information through things like posters and websites.

While you can be a self-taught graphic designer, most graphic designers have a degree or certification. This business has very little overhead and can be done anywhere as long as you have a computer and the skill.    

Tutoring 

An easy way to make money if you have a firm understanding and knowledge of a school subject. You can make money by offering your knowledge, using your teaching skills, on students who are looking to boost their subject marks or need more lessons on a certain subject, be it school or university.  

You will have to know what you are doing though, don't expect a student to come to you for extra classes if you do not understand the subject yourself. 

Youtube personality

Youtube allows users to set up a Youtube account for free. Here is how you can earn money with Youtube.

You will need to apply to join the Youtube Partner Program. I prerequisite to join the program is your channel must have 10000 lifetime views. Then you will need to connect your Youtube channel to an AdSense account in order to earn money and get paid for your monetised videos. Some of the people that have created businesses using Youtube include Lilly Singh who uses Youtube to create parody videos and Austin Mahone an online singer who built a large online following.

- BUSINESS REPORT ONLINE