As per Alison Rose Review 2023, increasing numbers of women have been launching new enterprises in the UK since 2022. Last year, over 140,000 exclusively female-based businesses were launched, and this number is increasing by more than a third annually. The Rose Review reveals that in its third year of progress, a record high of over 20% of new enterprises are now led by women in the UK.
Their figures highlight that about 17,500 businesses were established in the UK by women between the age group 16-25, which is 22 times greater than in 2018. These women-led companies represented 20% of total businesses in 2022, growing up from 16% in the year 2018.
After seeing all these statistics, if you’re looking for business ideas for women with low investment, look no further as below is the list we have prepared for the best low-investment businesses for women in the UK.
Top 20 Business Ideas for Women in the UK
Do you enjoy coding? If yes, then developing mobile apps can be a lucrative business for you. Today, almost every business website needs a mobile app to promote and expand the business, which means there’s a lot of opportunity and scope in this line of work. You won’t need to invest anything to start this business if you work alone. However, you will have to pay if you hire a few fellow app developers for this business.
When it comes to dropshipping, there is no limit to how much money one can make, as the average dropshipper in the UK in 2022 made around £2000 a month. This business model allows you to skip the inventory storage and delivery management hassles. You can simply sign up to the platform for free, choose the products you want to add to your online store, set a profit margin of your choice, and forward the order to the supplier. Thereafter, the supplier will deliver the order to your customers.
The world is rapidly and constantly shifting towards digitalisation which is why digital marketing is a great option for businesses for women with low investment. Traditional marketing has taken a backseat ever since digital marketing came into existence. If you have some experience in improving search engine results, creating backlinks, and other SEO and marketing activities, you can make good money online through your skills. Since content writing, social media marketing, and PPC are also a part of digital marketing, you can consider hiring fellow digital marketing professionals to do the business on a larger scale.
If you are good at guiding people towards achieving their goals in life, you can turn it into a profession. These days people seek professional consultancy for almost all kinds of things. Whether you are good at fitness coaching, child psychology, relationship advice, or something else, don’t do it for free, and start making a living out of it.
Blogging is a superb way to share information about something you have sound knowledge of. You can share the information using text, photographs, as well as videos. Depending on the nature of the content, you can share your created content on platforms like Blogger, Facebook, YouTube, Instagram, and many others.
With almost everything going virtual after the pandemic hit the world, people are on the lookout for online fitness trainers. If you have expertise in this domain, use it to guide people towards a healthy life while generating income.
Dog Walking Business
The UK has a high rate of pet ownership, with dogs being one of the most popular choices. Many pet owners work long hours or have other commitments, making professional dog walkers essential for ensuring their pets receive adequate exercise and attention. Urban areas, such as cities and towns, often work with people who may not have enough time to walk their dogs. This creates a steady demand for dog walking services, especially in densely populated regions.
Online Vintage Clothing Store
If you are a real fashionista, you can start an online vintage clothing store with a well-curated collection for fashion geeks. The only thing that matters is the quality of clothing you offer and enough room to store your inventory as per the size of your business, be it home or some rented storage space.
Voice Over Services
Be it movies, videos, podcasts, or other types of content, dubbing artists are needed across different industries to increase the viewership of online content. As the industry is growing at a decent speed, you can make good money by setting up this small business.
Like every other industry, Covid-19 changed the dynamics of the education system too. Now is the best time to start an online teaching business. All you need to invest in this business is your knowledge of the subject you are going to teach and the cost of the internet services.
Jute Bags Business
A lot of people are leaning towards environmental restoration these days. Making jute bags and other sustainable bags for everyday use is a great business idea on a small budget.
Sell Handcrafted Goods
If you are good at making handcrafted items, value your skills, and start selling things online with a small investment. You can display your creativity to the world by making things in different categories like greeting cards, handmade antiques, soaps, candles, and whatnot.
The demand for cakes and bakery products never drops down, especially if you’re living in an urban setting. You may need to invest in the beginning, but a small investment will get your business rolling.
Don’t waste your interior decoration skills just by suggesting key tips to your acquaintances, because you can set up an interior decoration business without investing much and earn huge.
A virtual assistant business involves providing administrative, creative, technical, or other specialised support to clients remotely. As a virtual assistant, you can offer a wide range of services depending on your skills and expertise, such as administrative support, social media handling, content creation, bookkeeping and accounting, website management, etc.
Become an Influencer
Influencer marketing is a hot topic among digital marketers. If you love the camera, and content creation, and have convincing skills to sell a product through your social profiles, you can make it big in the industry without spending a lot.
Become a Freelancer
Start offering freelance services to companies all across the world. As this business doesn’t need any investment, you can expect great returns.
Give this business a shot if you are passionate about photography. In this business, you need to make an initial investment to purchase the equipment. In today’s digital era, you can even sell your photographs to online platforms at great prices.
Online Book Store
Share your love for books with everyone by setting up an online bookstore that is likely to become a hit among book lovers. To begin with, you can use the books you already have on your shelf.
Working mothers are always on the lookout for daycare facilities. So, if you know how to manage small kids and have a small space for yourself, you can easily start this business without spending anything.
There are some other small-budget business ideas you can check out to make sure you make an informed decision for your career. As most of these businesses can be started from home, you get the freedom to earn at your leisure, which is most important, especially till the pandemic lasts. In case you set up an eCommerce business, choose NimbusPost to manage your logistics operations most cost-effectively.