10 Micro Small Business Investments You Can Make Today (2024)

10 Micro Small Business Investments You Can Make Today (1)

It can be a bit overwhelming to balance what you need in order to set yourself up for success with what you can actually afford. It would be amazing to have all the tools and resources you need right from the start of your business, but sometimes you have to make do with what you have available to you.

The challenge is sorting through what is absolutely essential versus what’s a luxury — and then find some really great alternatives to those luxuries for the same or similar results.

There is so much you can do to grow your business with very little.

Just to prove it to you, here’s a list of 10 micro investments you can make in your business today that will save you time, boost your productivity, and/or generate new business.

Note: Some ofthe links below are affiliatelinks, which means I may be able to buy myself a cup of coffee if you sign up for these tools... but I have used all of these programs at one point or another and would only recommend tools that I'd use myself!

10 small business toolsthatcost less than$100

1. Squarespace.If you're just starting out and the thought of creating your own website makes you break down into tears,Squarespace is a lifesaver. Designed fornon-techyentrepreneurs,it has so many gorgeous templates to choose from that you can customize without any coding knowledge. If you can click and drag, you can build a beautiful, professional website (with a shopping cart!) with Squarespace.

2. Books!Resist the temptation to buy online courses and pick up a new book to freshen up your skills and expand your horizons. There are so many great options out there that are just as helpful (if not more so) than an online course, and they’re a fraction of the price. You can even check the library and skip the cost altogether. (Want a few suggestions? Check out my7 Must-Read Books BEFORE You Buy another Online Course.)

3. Virtual Assistant.If you’re bogged down by administrative tasks that are taking you away from business (like sending your contracts or managing your inbox), hiring a VA is usually an affordable solution. Data entry, paperwork, research, posting to social media — all of these are examples of the little things you could be delegating to a VA that would free you up for more important, business-generating tasks that would be a better use of your time.

4. Canva.If you can't afford a VA or graphic designer, you can get the premium version of Canva. It’s user-friendly, affordable ($12/month), and will save you tons of time with your blog and social graphics. Spend a few hours setting up a template for social media images in advance, and all you’ll have to do is pop in the image and type in your text. They also have so many pretty, predesigned templates that you can customize.

5. Buffer. Buffer is your social media sanity. You can schedule most of your social media using the free version of Buffer (Twitter, Facebook, Instagram, Google+, and LinkedIn), but the Premium version ($10/month) will allow you to schedule 100 posts (versus 10) per platform as well as schedule your pins on Pinterest. The web browser button makes it super quick and easy to pull relevant content to share and schedule as you’re browsing the internet.

6. BoardBooster or Tailwind.Pinterest can be one of the more time-consuming social media platforms, andthese tools makemanaging your boards so much easier. Not only can you schedule your pins, but you can also create campaigns with group boards, test for broken links or duplicate pins, split boards, delete multiple pins in one click, and analyze your performance.

Ima let you finish, but this is one of our best blog posts of all. time. And it relates perfectly to what you're reading right now. So pop it open in a new tab and read it right after this one!!

7. Plann. Does your Instagram feed lack harmony? Plann allows your to visually plan your posts. Just upload your photos and drag them around till your feed looks flawless. You can schedule your posts and their captions in advance, and you can create sets of relevant hashtags for every occasion so they’re always on hand when you post. (If you’re looking for a hands-off solution that posts for you, we’re big fans of Schedugram here.)

8. Stock photography.If photography is not your forté or your focus, you can elevate your brand AND save yourself time by investing in some quality stock photography. Haute Chocolate and KateMaxStock are favorites for gorgeous, modern, and feminine photos for entrepreneurs and creatives.

9. CoSchedule. If you’re a blogger, you’ll love CoSchedule. It allows you to create an editorial calendar, schedule your posts, and schedule social media right from your post drafts. It makes it super easy to make sure your best performing posts are consistently being shared on social media. It syncs with Wordpress, Evernote, Google Docs, and Google Analytics, and it lets you curate content directly from your web browser on Google Chrome.

10. Time.When was the last time you actually looked into your business and thought about what's going well and what's not? It’s really easy to get lost in day-to-day tasks, so it’s a great investment to schedule and set aside time to get strategic about growing your business.

What are your favorite inexpensive tools or money-saving tricks for your business? Share in the comments!

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10 Micro Small Business Investments You Can Make Today (4)

10 Micro Small Business Investments You Can Make Today (2024)

FAQs

Which is the most profitable small business today? ›

  • Website and app development. It should be no surprise that tech is one of the fastest-growing industries. ...
  • Financial consulting. ...
  • Online business consulting. ...
  • Information security. ...
  • Digital marketing. ...
  • Social media marketing. ...
  • Writer or author. ...
  • Graphic design.
Apr 17, 2024

What is the cheapest most profitable business to start? ›

Low-cost business ideas with high profit potential
  • Launch an online store.
  • Offer online tutoring services.
  • Participate in affiliate marketing.
  • Launch a marketing consulting business.
  • Sell branded merchandise.
  • Become a personal trainer.
  • Produce online courses.
  • Start a dog-walking or pet-sitting business.
Jan 25, 2024

What kind of small businesses make the most money? ›

15 of the most profitable small businesses to start in 2024
  • Food trucks and food stands.
  • Accounting and bookkeeping.
  • Kids' activities.
  • Landscaping.
  • IT services.
  • Electronics repair.
  • Auto repair.
  • Vacation rentals.

What are small business investments? ›

Small business investing involves investors contributing funds to a small business with high growth potential through either debt or equity investing, or a combination of both. The goal is to earn returns through either a percent of profits from business revenue or from repayment of principal and interest on loans.

What is the easiest business to start right now? ›

20 Businesses To Start for Under $1,000
  1. Bookkeeping Service. Technically, you only need a high school diploma to work as a bookkeeper, so this small business idea is accessible to anyone. ...
  2. Tutoring Business. ...
  3. Consulting Business. ...
  4. Delivery Service. ...
  5. Online Store. ...
  6. Pool Cleaning Service. ...
  7. Graphic Design Services. ...
  8. Pet Sitting Business.
Feb 4, 2024

What is the fastest growing business today? ›

Without a doubt, one of the largest and fastest-growing industries in the world today is digital marketing. After COVID-19, the majority of businesses moved their operations online, therefore, digital marketing will only serve to increase sales and product awareness.

Which home based business is most profitable? ›

Some of the most profitable home businesses include affiliate marketing, dropshipping, freelance writing, and online tutoring.

What is the easiest business to start with no money? ›

9 Best Businesses to Start with No Money
  1. Content Creator. Whether you call it an “influencer,” “content creator,” or “social media nerd,” building a business around content can earn you, on average, $80K per year. ...
  2. Podcasting. ...
  3. Freelancing & Consulting. ...
  4. Blogging. ...
  5. Instructing. ...
  6. Coaching. ...
  7. Virtual Assistant. ...
  8. Virtual Event Planning.
Nov 27, 2023

What is the best business to start with $1,000 dollars? ›

These 20 business ideas can be your side hustle or your main gig.
  1. Photographer. Photographers see the world through a different lens than the rest of us. ...
  2. Senior Home Care Aid. ...
  3. Personal Trainer. ...
  4. Author/Writer. ...
  5. Virtual Assistant. ...
  6. Auto Detailer. ...
  7. Consultant. ...
  8. Social Media Manager.

What business will boom in 2024? ›

Industries Expected to Thrive in 2024
  • Travel operators. People are expected to spend money on personal experiences and invest in more domestic and international travel. ...
  • Companies that make, sell, and support hybrid and electric vehicles. ...
  • Information technology companies. ...
  • Construction firms. ...
  • E-commerce retailers.
Nov 28, 2023

What's the best business to start from home? ›

Here are 19 home business ideas to start.
  • Online Dating Coach. ...
  • Professional Consulting Services. ...
  • Start a Subscription Service. ...
  • Online Tutoring Business. ...
  • Professional Photography. ...
  • College Advisor. ...
  • Professional Translation Services. ...
  • Cyber Security Consultant.
Feb 2, 2024

What is the best business to start with small investment? ›

List of the Top Profitable Business Ideas with Very Low Investments
  • Start a Dropshipping Business. ...
  • Design And Sell Print-On-Demand T-Shirts. ...
  • Event/ Wedding Planner. ...
  • Driving School/ Cab Service. ...
  • Food Catering Business. ...
  • Content Creation. ...
  • Social Media Consultant. ...
  • Bookkeeping Services.

What is the best investment for small amount? ›

The following are the best short-term investment schemes:
  • Savings Account.
  • Fixed Deposits.
  • Recurring Deposits.
  • National Savings Certificate.
  • Liquid Mutual Funds.
  • Debt Mutual Funds.
Mar 11, 2024

How to privately invest in small business? ›

Ways to Invest in Small Businesses
  1. Angel Investor Groups. Angel investors are a top source of capital for small businesses. ...
  2. Crowdfunding Platforms. Angel investors tend to have high net worths and incomes, so joining an angel investor group may not be feasible for most people. ...
  3. Word of Mouth and Networking.
Apr 24, 2024

What type of business is most in demand? ›

What businesses are in high demand? According to IBISWorld, businesses in the highest demand in 2023 include those in the oil and gas, travel and hospitality, wedding planning and CBD manufacturing industries.

What is the best business to start with $1000? ›

35 Low-Cost Business Ideas You Can Start with $1,000 or Less
  • Catering Business. If you love cooking, a catering business can be a cost-effective business to start. ...
  • Food Delivery Services. ...
  • Mobile Coffee Cart. ...
  • Wholesale Bakery. ...
  • Landscaping Business. ...
  • Cleaning Services. ...
  • Handyman Business. ...
  • Online Jewelry Shop.
May 10, 2023

What is the best business in small amount? ›

List of the Top Profitable Business Ideas with Very Low Investments
  • Start a Dropshipping Business. ...
  • Design And Sell Print-On-Demand T-Shirts. ...
  • Event/ Wedding Planner. ...
  • Driving School/ Cab Service. ...
  • Food Catering Business. ...
  • Content Creation. ...
  • Social Media Consultant. ...
  • Bookkeeping Services.

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