Starting a home-based business is a fantastic idea if you are looking to supplement your current income or want to start working from home full-time. Many people look for a profitable home-based business that allows them to keep their day job until the new business generates enough income to support itself and you, the owner.

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Starting A Home-Based Business On A Shoestring Budget

When that time comes, it might be a good idea to leave your current day job and focus full-time on your home business. When starting a home-based business, most people don´t have a lot of money to invest. It is very important to find a solution that is free or does not require a lot of investment.

Fortunately, you can start an online business on a small budget and the business can be successfully operated with a small monthly investment. The nature of an online based home business makes it both easy and realistic most people to become entrepreneurs.

Many people put off the idea of starting a home based business because of misconceptions. They believe that they have to invest thousands of dollars at start up, or if their business fails, they need to take out a second mortgage just to keep out of bankruptcy.

Are you afraid of failure? There are many ways of starting a home based business on a small budget. Here below are some of the best ideas that you can start for less than $100 USD.

11 Low Budget Home Business Ideas: Businesses to Start for Less Than $100 USD

I highly recommend you look for a business model that delivers steady and repeat business. It makes sure your business can survive.

#1. Auctions

Buy cheap and sell high on auctions. You can make great profits on both Internet auctions and government auctions.

#2. Make and sell crafts

You can make your own crafts and sell them for a good profit in places where people gather, like country fairs or online at Etsy.com.

3. Do online surveys

You can do online surveys and make an extra $500 per month or more. Getting started does not require any investment of money, but you do need to spend quite some time in front of your computer.

#4. Sell information by mail

You can gain resell rights to information for cheap (less than $100). You would also need to spend a little money on office supplies like printer cartridges, paper and postage. Then, advertise on free classified sites online to get customers.

#5. Write eBooks or short PDF reports

You can write short ebooks or PDF reports in any niche (or outsource the writing at Fiverr.com) and sell the information for a high profit. For extra income, you could sell the resale rights to others.

#6. Start walking dogs

You can make a lot of money walking dogs. Find customers by handing out flyers at dog parks. You can also put up business cards and posters at the local library, in coffee shops, and on bulletin boards.

#7. Start blogging

Blogging is one of the best ways to start a home-based business. You could blog about a specific topic, for instance, something you are passionate about or a hobby. You earn money by having advertisements on your blog or by doing affiliate marketing, earning a commission for every product sold through your affiliate link. It also pays to learn about SEO (search engine optimization) to get more traffic and sales.

#8. Home Bakery

If you love baking, then you could start making money from your own baking business. You most likely already have all the expertise and equipment you need to get started. Sell your food at local food stores and directly to consumers online by using a delivery service. (Be sure to check the regulations for commercial kitchens; restrictions vary.)

#9. Online or offline tutoring

You could help out students by teaching online or offline. If you are good at languages or math, there is always a need for tutoring.

#10. Freelance writing

Internet marketers and bloggers are constantly looking for high-quality, unique, helpful, and useful content. Start writing articles on Fiverr.com, the biggest online marketplace for freelance services.

#11. Online affiliate marketing business

Start promoting affiliate products online, and every time a product is sold through your unique link, you will get a commission. You can earn up to a 75% commission by promoting digital products.