One party business is common for employees and is not prohibited by the company. Unfortunately, many employees have not started a side business due to capital reasons.
Many employees also think that they must have a huge capital to run a side business. Not surprisingly, some of them take money from banks as trading capital. Most likely, if not properly managed, debt will burden their business.
8 Side Business Ideas for Small Capital Employees
In the end, not the extra income you get, but the stress and headache because you have to pay the loan installments and interest.
The good news is, you can run a side business with little capital. Here are 17 side business ideas that require IDR 10 million or less to start.
1. Laundry Services
Nowadays many people want to be completely practical, including cases for washing and ironing clothes. This is an opportunity for those who want to start a laundry service.
To be profitable, the first thing you need to consider is market share. It is best to find a place with lots of students and private employees (or civil servants).
Why? Because students and employees form the largest part of this service.
Thus, it is not surprising that the profit you get is 15–25% (from a laundry rate of IDR 4,000 to Rs 6,000 per kg).
For capital matters, you only have Rs. one crore. In fact, according to many articles I've read, you can start with less than Rs 7.5 million.
Half the money is to buy an automatic one-tube washing machine and a dryer.
The other half is for purchasing accessories (eg scales, plastic, and iron) and an employee's salary (IDR 500 thousand to IDR 1 million per month).
2. Sale of electrical pulses
Due to the increasing number of cell phone users, selling pulses is a promising business idea. Reportedly, a credit practitioner in Jakarta has a turnover of IDR 20 trillion a year.
If you want to do a credit business, you can select electric pulses as the initial stage. Electrical pulses are activated through your cell phone, apart from not being in the form of a card requiring space, so it is relatively hassle-free.
To start an electric credit business, you do not have much capital, ranging from IDR 1 million to IDR 3 million. Your potential customers may be friends at work or neighbors in your home.
3. Selling food for breakfast
Providing food for breakfast is a promising side for you. This is because many employees have trouble providing their own breakfast.
Interestingly, you can use your front yard to sell these foods. In addition, the menu you offer can be varied, including chicken porridge, Uduk rice, yellow rice, and fried foods.
If you're married, it's easy to make a menu, isn't it?
The capital you need to invest to start this business is IDR 4 million per month. About 80% of the money is used to purchase raw materials, such as eggs, rice, chicken meat, tofu, tempeh, and vegetables.
The rest is used to buy fuel and transport. With so much capital, you have the opportunity to get a net income of IDR 2 million per month.
4. Selling Photo on the Internet
For starters, try these two most popular photo selling sites: istockphoto.com (15% commission per photo) and ShutterStock.com (20-30% commission). After that, other sites to try are Fotolia.com and StockFresh.com.
Also, prepare your PayPal account so that you can easily earn commissions earned from these sites.
On this side, the capital you need to prepare for business is definitely without capital. The assumption is that you use a digital camera that you own and an internet connection fund is included in your monthly budget.
5. Create a blog
Whether you realize it or not, the past five years have been in the blogging trend. For example, I did this when I was previously a private employee.
The foundation for creating a lot of blogs are quality posts. For example, if you work as an electrician, you can create a blog on the subject of electricity. This strategy will make it easier for you to create posts.
Why? It is simple because you already know and experience what you want to write.
Another good news is the capital you need to provide to start blogging, up to 1 million IDR a year. The assumption is that you buy the domain and hosting from the local hosting provider, and create the post yourself.
In fact, this can happen without capital if you use a free blogging platform, for example, Blogspot.com.
6. Create an online shop
Like blogging, creating an online store is also trending. One reason for this is the shopping style of today's society, which has started making changes in online shopping.
In terms of the items being sold, you can sell your own items or other people's items. The physical items commonly sold by online shop players are clothing, herbal medicines, regional handicrafts, bags, and T-shirts.
Meanwhile, popular digital goods for sale are eBooks, software, music, themes, plugins, and video tutorials. The capital you have to prepare to build an online store is not large. For example, your capital above can be like blogging capital if you are able to design your own online store.
Don't worry, because nowadays there are many free templates for online shops. Even if you have to buy, but there are many templates whose price is less than IDR 300 thousand. Don't want or want to create your own web-based online shop? There is no problem. You can create an online shop on the market. Two popular marketplaces in Indonesia are Bukalapac and Tokopedia.
7. Motorcycle washing services
Do you have many motorbike owners in your neighborhood? If so, why don't you try making a motorbike washing service? This type of side business is relatively easy compared to car wash services. In terms of equipment, it is quite simple, you only need to provide a water pump, compressor, rags, motor shampoo, and motorbike tire polish equipment.
Meanwhile, from the capital side, you only have to have IDR 2 million to have a simple motorbike washing service. This capital is bigger (IDR 10 million) if you want to make a motorbike washing service that is more professional.
The allocation is Rp. 2 million for rent, Rp. 5 million to buy equipment, and Rp. 3 million for an employee's salary and operational costs.
8. Buying and selling used motorbikes
You can also try buying and selling a used motorbike to start a side business. Besides being hassle-free, this side business has a large supply and demand. In fact, according to Kontan magazine, sales of Honda motorcycles for March 2015 reached 386,100 units.
The weakness of this business is that many motorbikes are incomplete with the vehicle certificates, the original parts have been replaced with fake ones, and are stolen. To start buying and selling motorbikes, you don't have to have big capital. In fact, you don't need any capital if you are a broker.
It is enough with trust capital alone, you can reap a number of benefits. For example, your neighbor's used motorbike offers to a number of your co-workers.
One of them buys the motorbike so you get some profit. Not to mention if you get a commission from the owner of the motorbike. Even if you have to spend capital, start by buying a used motorbike for under IDR 10 million. With this capital, you can have two used motorbikes ready for sale.
Regarding prices, sometimes monitor the prices of used motorbikes online. For example, the price of used Yamaha motorcycles in OLX.co.id.