There are 2 type of buisness, selling products or selling services. Selling services have lower starting capital but u need skill, but luckily we got youtube.
Due to covid, event related buisness cannot make it. Else is very lucrative.
Baking? Low starting capital, u just need oven and facebook page. A cake may take less than $10 to bake but if you good at cake decor especially cake for events u can charge $100+ dollar. Very high profit margin.
Another buisness model is like a middle man. Eg. Event organiser, some interior designer.... just find vendors do the job and collect money... sometime if your buisness get too big, u cannot cope u just sub-con out, you may also do that, will earn lesser but still $$$. Last time peak period, many events crash, i will just sub out.
There are 2 type of buisness, selling products or selling services. Selling services have lower starting capital but u need skill, but luckily we got youtube.