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Low-Cost Software Startup Ideas

Starting a software company no longer requires massive funding or infrastructure.

Marshall Hargrave
4 min readJun 20, 2024

Advances in cloud computing, open-source software, and distributed teams enable scrappy founders to test ideas and bring products to market far more easily.

For those aspiring to start their own software business, here are compelling ideas that can be launched without substantial capital outlays.

SaaS Tools for Freelancers and Solopreneurs

Freelancers and solopreneurs have unique needs when it comes to running their businesses, and many seek software to help streamline client management, invoicing, accounting, project management, and more.

There is huge unsatisfied demand for SaaS products targeting the 60 million freelance knowledge workers in America alone.

Since solopreneurs have tight budgets, serving this market with competitively priced tools could translate to massive customer counts for founders who gain traction. Focusing on affordability and excellent customer support is key.

Industry-Specific Practice Management Software

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Marshall Hargrave
Marshall Hargrave

Written by Marshall Hargrave

Serial entrepreneur. Finance, startups, investing. Catalyst-focused, event-driven. Hip-hop vigilante. On the quest for the best hot chicken.

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