Small BusinessIf you have dreams of being an entrepreneur but don’t know where to begin, don’t sweat it. Determining the right business idea for your startup can help make your dreams of success seem less far away. Here are some ideas to kick-start your business on a small budget:

1. Virtual Assistant − Virtual assistants are great for business owners who need to save time carrying out administrative tasks that could be handled by someone else. While a virtual assistant may never meet with the boss face-to-face, communication is typically done via email, text message, Skype or any other form of virtual communication. Can you perform administrative tasks along with other specialized services such as bookkeeping, marketing research and social media management? A good first step toward becoming a VA would be signing up with an organization like the International Virtual Assistants Association, which provides registries of those looking for these services.

2. Event Planner − If you have great organizational skills and enjoy planning meetings, parties and other events, starting an event planning business may be the move for you. From individuals to organizations and corporations, almost everyone will need an event planner at some point. Event planners are constantly paying attention to detail while also being extremely resourceful in helping materialize visions and ideas.

3. Technology / Computer Maintenance − Living in such a digital society, it is crucial for individuals and companies to be knowledgeable about current products and software. While this is convenient, it can also be somewhat of a hassle when things go awry. That’s where computer maintenance comes in. Almost everyone will encounter some technical issue or glitch that threatens to curb your productivity. Whether its anti-virus software installation, desktop cleanups or software downloads, technicians are useful for any job.

4. Online Retailer − If you want to launch your own business on a small budget, becoming an online retailer may be the job for you. Not only is launching an e-commerce business easier than opening a physical store, but it gives you a cheaper option as well.

5. Social Media Consultant − Like I mentioned earlier, it is no secret that our world is becoming more and more digitized. Generation Y, also known as millennials, includes the 72 million Americans born between 1977 and 1994. This age group exerts influence on many things, especially focusing on all forms of communication and networking. Although a business’ use of social media presents an extraordinary marketing opportunity, they may not have time to continuously keep up with their accounts. As a social media consultant, you can help businesses integrate social media into their marketing campaigns and aid in getting their name, goals and ideas out to the billions of people online.