Looking to start a new business in 2024 but not sure where to begin? With the rise of entrepreneurship and the increasing availability of resources and technology, starting a small business has never been more accessible. Here we have compiled a list of mini business ideas for 2024 that require low investment but promise high returns.

1. Online tutoring service: With the increasing demand for online education, starting an online tutoring service could be a lucrative business opportunity. You can offer tutoring services in various subjects or specialized areas and cater to students of all ages.

2. Handmade crafts: If you have a talent for crafts and enjoy creating handmade products, consider starting a business selling your creations online or at local markets. Handmade products are in high demand and can appeal to a wide range of customers.

3. Personalized gift service: Personalized gifts are a popular choice for special occasions such as birthdays, weddings, and anniversaries. Starting a business that offers personalized gift services, such as custom-made jewelry or engraved items, can be a profitable venture.

4. Home-based bakery: If you enjoy baking and have a passion for creating delicious treats, consider starting a home-based bakery. You can sell your baked goods online, at local markets, or through partnerships with cafes and restaurants.

5. Virtual event planning: With the increasing popularity of virtual events, starting a virtual event planning business could be a successful venture. You can help clients plan and organize virtual events such as webinars, conferences, and online workshops.

6. Sustainable clothing brand: As consumers become more conscious of environmental issues, there is a growing demand for sustainable and eco-friendly fashion. Starting a sustainable clothing brand that uses ethically sourced materials and practices sustainable production can attract a loyal customer base.

7. Social media consultancy: If you have experience in social media marketing and a knack for building online communities, consider starting a social media consultancy business. You can help businesses grow their online presence and engage with their target audience on social media platforms.

8. Pet grooming service: With pet ownership on the rise, starting a pet grooming service can be a profitable business idea. You can offer grooming services for dogs, cats, and other pets, either from a mobile grooming van or a brick-and-mortar salon.

9. Virtual fitness coaching: As more people look for convenient ways to stay active and healthy, starting a virtual fitness coaching business can be a great opportunity. You can offer personalized workout plans, nutrition advice, and virtual coaching sessions to clients from the comfort of their homes.

10. Subscription box service: Subscription boxes have become increasingly popular in recent years, offering customers a curated selection of products delivered to their doorstep on a regular basis. Starting a subscription box service that caters to a specific niche or interest can attract a loyal customer base and generate recurring revenue.

In conclusion, starting a small business in 2024 with low investment is a viable option for aspiring entrepreneurs. By choosing a business idea that aligns with your interests and skills, you can build a successful and profitable enterprise. Whether you decide to start an online tutoring service, a handmade crafts business, or a sustainable clothing brand, the possibilities are endless. Take the leap and turn your entrepreneurial dreams into reality in 2024!

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