A small budget: what you can genuinely do with little
Plenty of small businesses assume this is not for them because they cannot pay big numbers. The reality is that most neighbourhood collaborations involve modest amounts, and they work.
What you can genuinely offer
A small but real payment. A modest amount, clearly put, lands far better than a vague exchange.
Product or service, if the value is clear. It works when it is something the person would use anyway, not when it is whatever you have left over.
Time and access. Showing the workshop, letting them film the process, telling what does not normally get told. This costs you nothing and is usually what makes the content good.
Distribution. Sharing it from your profile, putting it in the window, showing it to your customers. For someone starting out, that counts.
What to avoid
Offering "exposure" as if it were payment. If your reach were the argument, you would not need the collaboration.
And stacking up work for little money: three videos, five photos and a written piece for the price of one. That is not a small budget, it is an unfair one, and it shows in the result.
The practical bit
Adjust the scope, not the price. On a small budget, ask for one piece done properly instead of a full package done halfway. One honest piece of content is worth more than five rushed ones, and it leaves the door open to repeat when you can pay more.