Do you dream of starting your own business? Are you looking for businesses in Africa that you can start with just $100?
The challenge for most small business owners when starting is not having enough capital to launch their business. Some never start their business because they believe they need a huge amount of money to start. However, with the advancement of technology and the massive online opportunities, starting a business with little or no cash is now possible. The secret is knowing the lowest cost way to scale.
You can jump-start your business with social media marketing at little or no cost. Other marketing techniques like word of mouth and bootstrapping are excellent ways to kickstart your business.
Here we will look at 7 businesses to start with $100 in Africa. Let’s dive in!
1. Freelancing
Freelancing is a lucrative business that costs nothing but your talent, laptop, and internet connection. Whether you’re a writer, web developer, or graphics designer, there are lots of freelance jobs you can start almost instantly. It is one of the fastest ways to start earning money and still gain control of your time. There are many freelance websites that small business owners can sign up to, such as Upwork and Fiverr.
2. Consulting
Consulting is one of the most lucrative businesses in Africa that you can start with $100. Consulting simply involves helping individuals, small business owners or even large businesses proffer solutions to existing problems. To become a consultant, you must be knowledgeable or experienced in a certain field. You must be well grounded to answer any questions and provide solutions to problems within your field.
If you already have the knowledge and experience in a specific field like providing legal advice, you can easily start your consulting agency. You can market your business on social media or invest in your website to attract clients.
3. Tutoring
Tutoring is another lucrative business in Africa. Some people need help with different subjects or in different areas of their lives. If you are knowledgeable in a particular area, you can start offering tutoring services to students who need them.
You could hold virtual classes at a particular cost or offer home tutoring services.
4. Social media manager
Social media has become a powerful tool for small business owners to reach a wider audience. Majority of businesses, educational institutions, and non-profit organizations are now on at least one or two social media platforms. Many of these businesses can’t afford to be hands-on on social media. If you have a strong understanding of the various social platforms and want to offer your services, you might want to explore starting a social media management business.
5. Virtual Assistant
A virtual assistant is similar to a personal assistant. The only difference is you can do this remotely. A virtual assistant provides administrative and technical services like answering phone calls, responding to emails, and keeping up with the client’s schedule.
6. Catering
If cooking is something you love, this can be the next business for you. Catering is an evergreen and lucrative business. You can start in your kitchen and deliver to your clients. Catering allows you to work from home without any initial cost. All you have to do is find clients who need your services daily or weekly.
7. Event Planner
Event planning is another lucrative business in Africa. It is a great business you can do part-time. If you enjoy planning and organising a party or an event, you might want to explore the event planning business.
Conclusion
The great part about our world today is the presence of digital technology to speed up things. You can start a business with $100 or even less, almost effortlessly leveraging the power of technology. Don’t be afraid to take that first step!
Do you have any questions or suggestions on businesses in Africa? Kindly drop them in the comment section below!