15 Low Investment Business Opportunities For New Years 2021

15 Low Investment Business Opportunities For New Years 2021

There's no better way to ring in the New Year than launching your own side hustle or business.

There are plenty of ways to make quick money on New Years, so why not turn that idea into a lucrative business?

We put together a list of 15 low investment business ideas that if started today, you could have your first customer solidified by or before New Years 2021.

Here's the full list: 



1. Start an event planning business ($420K/year)

Akshay Patel from Albuquerque, New Mexico, USA started Simply Decor and Events ago, a event planning business.

  • Revenue: $35,000/ month
  • Founders: 1
  • Employees: 2
  • Location: Albuquerque, New Mexico, USA

I always had an eye for decor whether it was with my room, home, or anything. I was born and raised in Albuquerque, NM, and went to college at the University of New Mexico where I got my bachelor’s in Biology and a minor in Psychology. All along with my schooling, I was following the path to becoming a dentist which I thought was my passion and what I enjoyed. When I graduated high school I wanted to throw myself a big party. So my dad gave me a budget of $3,000 which had to include the venue, DJ, catering, bar, and decor.

I learned that when advertising you have to try different and unique ideas. From this you will learn what will work for your specific clientele, this process is a trial and error.

Of course, you know when you want a real fancy party the venue usually takes most of the budget, as it did. I was left with $200 for decor. I then began talking to decor companies and found that everything I wanted was not going to be possible with that amount. I thought out of the box and began making all my own decor.

how-i-started-a-35k-month-event-decor-business

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Akshay Patel, on starting Simply Decor and Events ($35,000/month) full story ➜

2. Start a photo booth business ($3.6M/year)

Brandon Wong from California, USA started Photobooth Supply Co. about 8 years ago, a photo booth business.

  • Revenue: $300,000/ month
  • Founders: 2
  • Employees: 10
  • Location: California, USA

My wife and I were wedding photographers. If you’ve been to a wedding lately, you’ve probably seen a photobooth.

The same was true 8 years ago. We saw booths everywhere, and started thinking… why not add one of those? We purchased the “old” style photobooth, the enclosed box. It became clear very quickly that at least two things could be done better. It wasn’t really portable and it didn’t take the prettiest pictures.

I contacted a few metal suppliers down here in Orange County and asked if they could put something together for me. I wanted something sleek and portable, but it also had to be able to take gorgeous pictures.

embracing-the-experience-economy-with-a-300k-mo-photo-booth-startup

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Brandon Wong, on starting Photobooth Supply Co. ($300,000/month) full story ➜

3. Start a planner business ($214K/year)

Jess Yasuda from Hobart, Tasmania, Australia started Chasing Planner Peace almost 6 years ago, a planner business.

  • Revenue: $17,811/ month
  • Founders: 1
  • Employees: 1
  • Location: Hobart, Tasmania, Australia

When I started Chasing Planner Peace I was a mum of two very small children, working part-time in a job for the government. I found my job extremely unrewarding and boring and had a little avenue for creativity. I never dreamed that starting an Etsy store would lead to growing a company that could become a full-time career. I had always had it drummed into me to find a secure job and stick with it - don’t take risks!

After my second child was born I became interested in using a paper planner as a hobby. There’s actually quite a big community of people (mostly women) who combine organization and creativity and love using their planners as a memory-keeping, scrapbooking tool using stickers and washi tape to decorate.

I loved the idea of using Filofax type planners where you could really customize your planner by adding in what “inserts” (refill pages) you wanted. I would download printable inserts off Etsy for calendar pages, meal planning, etc. but I could never find a layout that really worked for me. I would also waste huge amounts of time, money and printer ink trying to print out the printable inserts - as every file was a different format.

how-i-started-a-12k-month-selling-productivity-planners-online

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Jess Yasuda, on starting Chasing Planner Peace ($17,811/month) full story ➜

4. Start a greeting cards business ($600K/year)

Travis Peterson from Irvine, California, USA started Joker Greeting about 6 years ago, a greeting cards business.

  • Revenue: $50,000/ month
  • Founders: 2
  • Employees: 0
  • Location: Irvine, California, USA

My background is in finance. I worked in investment banking for six years in New York. I loved the job, the people, and the hours. But as a service job I wanted to be making things not just helping others make things. This desire has led me to where I am today.

My brother and I have always loved to make fun of everything. Around 2014, we visited my mom’s house and she had this musical greeting card. We thought it was annoying. We asked each other, "Who wants to listen to this!?" Then Nick asked, “What if it didn’t stop?”

That was it. Nothing more. No market research.

launching-a-prank-card-and-growing-to-30k-mo

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Travis Peterson, on starting Joker Greeting ($50,000/month) full story ➜

5. Start a dog walking business ($648K/year)

Melodi Landi from Remote started Furry Fellas Pet Service LLC about 15 years ago, a dog walking business.

  • Revenue: $54,000/ month
  • Founders: 1
  • Employees: 19
  • Location: Remote

I have always had a passion for animals. I was going to school full time at the University of Rhode Island as a Pre-Vet student while working full time at a local veterinary hospital AND picking up pet sitting and dog walking clients on the side.

Since my late teenage years, I have known that I wanted to work with animals. While working at the animal hospital, I saw a great need for this type of service, and soon after decided to start this business!

I would often come across clients who had not traveled in years because their pets required specialized care or medications or because they did not know who to ask or whom they could trust with their pets and their home.

how-i-started-a-54k-month-pet-sitting-and-dog-walking-business

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Melodi Landi, on starting Furry Fellas Pet Service LLC ($54,000/month) full story ➜

6. Start a catering business ($240K/year)

Nestor Nidome from Crestmore, California, USA started Elegante Catering ago, a catering business.

  • Revenue: $20,000/ month
  • Founders: 1
  • Employees: 10
  • Location: Crestmore, California, USA

For as long as I can remember I have always been attracted to the idea of being a business owner. I’ve tried many businesses starting with my own DJ company. I got some business cards, printed them at Staples, passed them out, and waited for the calls.

It took a bit of time, but eventually, the calls started to come in and bookings started to happen. I did that for a couple of years until one of the DJ gigs some gangsters got into it and I was almost in the middle of a gang fight. Thank GOD things calmed down, but after that, I started looking for another business!

During this same time, the whole tech bubble was growing and I wanted a part of it. I took some coding classes in college and started using HTML to code my website from scratch. I kind of borrowed a lot of ideas from Yahoo but it was going to be mainly focused on my local city. I visited some businesses and got some of them to advertise. Things seemed to be going well when the bubble burst and I was once more left to venture out and look for something else.

how-i-found-success-with-a-20k-month-catering-company-after-starting-many-businesses

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Nestor Nidome, on starting Elegante Catering ($20,000/month) full story ➜

7. Start a child care business

Examples of a successful child care business:

Here are some great videos on how to get started with a child care business:

For further info, check out these books and products:

Learn more about starting a child care business ➜

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8. Start a doggy day care

Examples of a successful doggy day care:

Here are some great videos on how to get started with a doggy day care:

For further info, check out these books and products:

Learn more about starting a doggy day care ➜

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9. Start a cleaning business ($1.05M/year)

Examples of a successful cleaning business:

Here are some great videos on how to get started with a cleaning business:

For further info, check out these books and products:

Learn more about starting a cleaning business ➜

And for some real world inspiration, give Neel Parekh's story on creating MaidThis Franchise a read:

Hey! My name is Neel Parekh and I am the Founder and CEO of MaidThis® & MaidThis® Franchise, a cleaning franchise that helps residential homeowners and short-term rental hosts (Airbnb, VRBO, etc) with their cleanings.

We’ve been able to grow rapidly compared to many other local cleaning companies because of a few main factors:

  • We made our niche focus on cleaning Airbnbs and vacation rentals, in addition to regular home cleaning, which is a rapidly growing industry. We became the first cleaning franchise specializing in vacation rental cleaning.
  • Local businesses are often pretty old school and typically aren’t the best with marketing, especially digital marketing. We’re bringing new-age marketing tactics to this old-school industry.
  • Remote work: we’ve been able to stay extra nimble and lean with having a global workforce. This was initially done out of necessity so I could travel, but quickly became a huge competitive advantage. Our office team works across 8 different countries.

how-i-started-a-100k-month-home-cleaning-service-for-busy-individuals-and-airbnb-hosts

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Neel Parekh, on starting MaidThis Franchise ($100,000/month) full story ➜

10. Start a party rental business

Examples of a successful party rental business:

Here are some great videos on how to get started with a party rental business:

For further info, check out these books and products:

Learn more about starting a party rental business ➜

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11. Become an airbnb host

Examples of a successful airbnb host:

Here are some great videos on how to get started with a airbnb host:

For further info, check out these books and products:

Learn more about starting an airbnb host ➜

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12. Start a professional organizing business

Examples of a successful professional organizing business:

Here are some great videos on how to get started with a professional organizing business:

For further info, check out these books and products:

Learn more about starting a professional organizing business ➜

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13. Start a christmas tree removal business

Examples of a successful christmas tree removal business:

Here are some great videos on how to get started with a christmas tree removal business:

For further info, check out these books and products:

Learn more about starting a christmas tree removal business ➜

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14. Start a gift baskets business ($24K/year)

Examples of a successful gift baskets business:

Here are some great videos on how to get started with a gift baskets business:

For further info, check out these books and products:

Learn more about starting a gift baskets business ➜

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15. Start a bartending service

Examples of a successful bartending service:

Here are some great videos on how to get started with a bartending service:

For further info, check out these books and products:

Learn more about starting a bartending service ➜

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