Type of business would you start now if you were broke

If you want to start a business with low risk, then perhaps a cheap and proven business model would be good for you, typically in the services space.

1. Creative Agency

• Logo / letterhead / signage / fonts / company brand + identity / graphics
• Copywriting / slogans / tagline / articles
• Photography / videography / editing
• Deal with products / models
• Offer services on Fiverr

2. Web Agency

• Web design / Wordpress design / PHP development
• Android / iOS app development
• Search Engine Optimization (SEO)
• Social Media marketing / management

3. Digital Marketing

• Affiliate marketing - ClickBank / Amazon
• CPA Marketing - MaxBounty / PeerFly / Neverblue
• Ads Management - Google Adword, Facebook Ads / Bing Ads

Once you’ve established yourself in this space, you can expand and move on to other verticals.