Entrepreneurship with little investment: profitable business ideas 2023 

If you are looking to start a business this year, but are worried about the initial investment you need to make, this article is for you. Although it may seem like a complicated task, there are several business opportunities that require little initial capital and can become successful businesses. That’s why we present you some profitable business ideas 2023 that might interest you. Keep reading and don’t miss the details!

What characteristics should low-investment businesses have?

When it comes to entrepreneurship, the initial investment can be an obstacle for many. It is common to have great ideas, but not have the financial resources to make them a reality.

In some cases, this leads to the entrepreneur becoming discouraged and abandoning the idea, or having to look for investors and financing. This can ultimately delay the start of the business.

Aware of this situation, we want to share with you some profitable business ideas 2023 in Spain that do not require large investments. It is essential that you evaluate whether your idea meets certain elements that characterize profitable businesses:

• Demand: there is no point in offering the best product in the world if there is no demand for it. Therefore, it is crucial that your business has a solid and consistent market over time, with a sufficient number of customers. 
• Profit margin: your business must be able to cover the acquisition costs of the products sold and, in addition, generate enough profit to reward your effort and dedication.
• Easy and quick to create: profitable businesses are usually those that can be launched quickly to meet demand. If you take too long to create your e-commerce, for example, you run the risk that your potential customers will disappear.

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5 profitable business options 2023 

Digitalization has made it possible for entrepreneurs to more easily access solutions that allow them to launch business ideas at a reduced cost. We share with you the most innovative profitable business options for 2023: 

1. Virtual assistance services

In an increasingly digital world, virtual assistance services are an excellent option for entrepreneurs looking to start a business with little investment. This business model consists of offering administrative services, customer service, content writing, among others, from the comfort of your home.

Initial costs are low, since you will only need a computer, internet connection and communication software. In addition, the demand for this type of service has grown in recent years, so there is great potential for growth.

2. Online sales business

Online selling has become one of the most popular ways of doing business today. It is one of the most prominent profitable businesses 2023. 

Creating an online store on an e-commerce platform, such as Amazon or Etsy, is an excellent option for entrepreneurs who want to start a business with little start-up capital.

One factor in your favor is that you do not need a large investment in inventory, since you can opt for the dropshipping model in which the supplier sends the products directly to the end customer. In addition, digital marketing is an effective and economical tool to promote your online store and increase sales.

3. Personal services business

Profitable businesses 2023 are not only focused on digitalization. Some personal services, such as hairdressing, manicure or home cleaning, are profitable options for entrepreneurs looking for a business with low initial investment.

These services are necessary and in demand at any time of the year, and can be offered from home or at a fixed location. In addition, additional or complementary services can be added to increase profits.

4. Streamer or online content creator

Finding a niche or an underexplored topic can be highly beneficial.

Since social networks are consulted daily by users who spend hours browsing, if you are able to talk about a topic of interest or have expertise in an unusual area, you can start a profitable business with limited resources.

Europa Press reports that, according to a study conducted by the cybersecurity company Overview, Spanish streamers are the most popular among the 50 most prominent streamers in the world on Twitch. On average, these have more than 9.3 million followers each.

5. Negotiator or Scrum Master 

In some technological processes, different departments of a company must collaborate to improve efficiency and internal processes. However, each department has its own methodologies and work standards, which can generate conflicts when trying to coordinate them.

Among the profitable businesses 2023 is the expert in agile methodologies who can mediate between departments and ensure the success of a project.

For example, the marketing team may need IT solutions to achieve their objectives, but the IT team may have difficulty prioritizing tasks and meeting deadlines due to their own responsibilities.

A consultant with knowledge of technology and agile methodologies can help resolve these conflicts and allow all parties involved to meet their objectives in the same project. This is a highly valued figure and can be a profitable business opportunity without the need for a large upfront investment.

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3 tips for investing in business with little investment

If you’re looking for profitable business ideas 2023, you’ll be happy to know that there are many options that require little start-up capital and can be very successful. Keep these 3 considerations in mind when choosing a new venture:

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If you need help to incorporate your company quickly and safely, do not hesitate to contact us at tasconsultoria@tas-sl.es. In less time than you think you can have your company ready to operate in Spain and start taking advantage of the opportunities offered by profitable businesses 2023.