Business Tips

Business Ideas for Women Under $500

Business Ideas for Women Under $500

Long gone are the days when there was a division between male and female jobs. Today, women are a force to be reckoned with. Being a business owner is a dream for so many people (both male and female) nationwide. But not everyone has sufficient funds for starting a business of their dreams. Luckily, with the exponential growth of the online environment, starting a business can be done with a couple of dollars – that’s how much it takes to start your own website. Believe us – with a budget of $500 dollars, there’s no limit as to how much you can do. The best business ideas for women will ensure you start and manage a successful business with a starting investment of under $500.

Seizing a good business opportunity has never been this easy – or cheap!


1. Being a social media manager is a lucrative occupation

Raise your hand if you know a person who doesn’t use at least one of many social media platforms. With the immense power of the Internet and these platforms, they’ve become THE place for promoting your business, products, or services.

These days, everyone has at least a Facebook and/or Instagram account. From nationwide movers such as Verified Movers to global retailers such as Macy’s and small and privately owned businesses, no one is passing the chance to harvest all the benefits of social media.

That being said, not all business owners have the time or energy to manage their own accounts. And that’s where you come in!

Do you already spend all of your free time on Facebook? Why not turn your time and passion into something productive?

In case this occupation sparks some interest in you, the only expense you may have is paying for a special piece of software that will allow you to manage and schedule social media posts.

Depending on which software you opt for, the prices can vary. The good news is that none of them costs over $500 per year.


2. Starting your own staffing service business is one of the most profitable business ideas for women

Business Ideas for Women Under $500

And no, it won’t cost more than $500, even though it might sound like it. Staffing services businesses work by connecting employers to qualified employees.

What makes this one of the best business ideas for women is the potential profit you can make which comes at six-figure per year. As a part of a 466 billion dollar industry, being a staffing service owner could result in $103,000 yearly!

Sounds great, but how much will you have to invest to get it started?

Not much! Since nowadays all the job postings can be done online, sparing you the cost of commercial space, all you have to do is start a website. And a website can be started for as little as $12 per month.

We can all agree that this small investment certainly won’t push you into debt.

If you want to aim for success, consider starting a niche job site. You can specialize in connecting nannies with families who need them, you can choose to connect nurses for elderly care with those who are looking for them, etc.

Just make sure you stand out, and the profit will start pouring in!


3. Cakes and cupcakes are the real attention-stoppers of any party

Business Ideas for Women Under $500

With more and more reality shows being focused on these sweet delicacies (ever heard of Cake Boss and Cupcake Wars?), the demand for pastries is at an all-time high.

Whether people are throwing a bachelorette party, a baby shower, or having a wedding, some deserts are always in order. And if you have the skill that it takes to bake mouthwatering cakes and cupcakes, you will quickly become your city’s next great baker.

The fact that something that has to do with baking is one of the best business ideas for women sounds like a cliché – but it does rake in the dough. 

According to cupcake experts like Nichelle Stephens, you can start a cupcake business with a starting investment of less than $500.

But you can clearly realize that you won’t be able to start a storefront with this kind of money. Invest in good ingredients, high-quality baking pans, and cooling racks, and use the aforementioned social media platforms for self-promotion.

That’s how you turn a good business idea for a modern-day woman into a lucrative business in just a few short years.


4. Becoming a birthing coach can become a rewarding, as well as a profitable calling

Woman during labor

With an average income of $72,800, it would be a shame not to opt for this calling.

Of course, it’s pretty obvious that the requirements of a birthing coach are somewhat unique.

You not only have to go through at least one educational course, but you also need to have the compassion necessary for aiding other women at a time when they need it most – during childbirth. And if you have experience in childbirth and caring for newborns, you get bonus points.

Don’t be discouraged even if you don’t! All it takes is some will – that, and one more thing.

You will need to thoroughly familiarize yourself with the role of a birthing coach. To become a doula business owner, you can take an online course, such as the Doula Business Owner Certification that you can find on IAP Career College.

The price tag? Mere $77! On top of the money you spend on the certificate, you’ll also need to start your own website. But we’ve established that’s not a pricey item.

Isn’t this one of the best business ideas for women that you can start with rather small funds?


5. Online coaching – need we say more?

Business Ideas for Women Under $500

With the entire world pretty much operating in the online environment these days, those who have the luck to possess a degree or a certification for a certain skill can easily turn their knowledge into profit.

Nutrition consultant, life coach, personal trainer, etc – the list of occupations just goes on and on. The only expense you would have is paying for a website and a stable Internet connection.

That means that the ideal location for your business can be anywhere, making this one of the best business opportunities for women who might be single moms, or just super busy with other day-to-day chores. 

Have a degree in a marketable skill? Then you are in luck! 

Saw anything that inspired you to dig into your piggy bank and start your own business?

With all the business ideas for women around, you shouldn’t have too big of a problem to finally turn all of your dreams into reality.

Who knows – we might be reading about you in Forbes a few years down the line! 

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About Shristi Patni

Shristi is the Chief Content Officer at Raletta. She enjoys writing about food, fitness, finance and everything in between.
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