Table of contents
Millions of people all over the UK dream of being their own boss and starting their own business. And while it’s unlikely that an entrepreneur will become the next Elon Musk or Jeff Bezos, it’s still immensely rewarding to start a business from scratch and develop it into a viable, profitable success.
The only problem that stands in many people’s way is the need to ‘speculate to accumulate’: that is to say that it can take a lot of initial investment to get a business idea off the ground. This can be off-putting if it involves getting into large amounts of debt in the early stages, or simply impractical for those who don’t have access to that kind of startup capital.
However, that doesn’t mean that it’s impossible! There are countless small business ideas out there that require minimal initial outlay – and in some cases, nothing at all – making them viable for anyone who wants to strike out on their own. In this guide, we’ve picked out 14 of our favourite small business ideas that can be set up for less than £1000.
Get Small Business Insurance from Protectivity
*Disclaimer – This blog has been created as general information and should not be taken as advice. Make sure you have the correct level of insurance for your requirements and always review policy documentation. Information is factually accurate at the time of publishing but may have become out of date.
Last updated by
My main focus is managing the blog and product content for the Protectivity website ensuring everything aligns with the brand’s voice and strategy.
For the small businesses we support, insurance and financial protection can sometimes seem complicated, especially when getting started. That’s why our content is designed to be clear and practical—providing helpful guidance and ensuring our customers not only find the specialist cover they require but are confident it will do the job they need.