If you’re looking to start a business, but think that all good ideas are already taken, think again. There are so many amazing small business ideas you can start with very little investment! You don’t have to invent something new, just tackle a problem people face every day and offer a way to solve it. So, here are a few startup ideas that will definitely bring you plenty of profit and space to grow.

If you know your social media as many millennials do, this is a great market for your startup. Social-media-savvy millennials can use their skills and turn them into a valuable business that teaches businesses how to improve their social media presence and use digital tools. Social media coaching is a very low-cost startup idea that can also lead to other digital marketing opportunities. Your clients might realize that they need a professional to handle their web page, blog and social media accounts which opens up a world of business opportunities. As long as you have a wide knowledge of social media and some experience leading successful accounts, you can get up to $200 an hour from the right client.

Debt consolidation is an ideal way to resolve a multiple debt situations, especially when you have multiple loans that are all due on different dates, which can be a challenge to meet. It works by calculating the total of all outstanding loans, then borrowing that amount, which is used to pay off the outstanding loans, leaving you with a single monthly repayment.

The Requirements

Firstly, it should be understood that a debt consolidation loan is not always the best option, as with bad financial management, borrowing more money could lead to more trouble in the future. There are even lenders who offer consolidation loans for bad credit, which is usually next to impossible to arrange, and such companies can easily be found with an online search. The only requirement is that you have an adequate income to be able to afford the repayments, and with a repayment plan that is affordable, you can clear all outstanding debts and start afresh. If you have a regular income that can be verified, there’s no reason why a lender would not agree to your request for a debt consolidation loan, which is often the best way to get back to a situation where you are debt-free. It is really a question of approaching the right lender, so when you search online, look for a company that has experience with providing debt consolidation, and the chances are that they will look favourably on your application.