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150+ best business ideas in india for high profit with low investment.
November 25, 2024
64 min read
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Small Business Ideas with Low Investment and High Profits
In India, aspiring entrepreneurs often seek the best business ideas that align with their resources and ambitions. Small business ideas in India are abundant, catering to diverse interests and markets. From traditional ventures like food stalls and garment shops to innovative concepts in technology and e-commerce, the landscape offers endless opportunities. Many opt for small-scale business ideas that require minimal investment but promise substantial returns.
These ventures range from local services such as tutoring and event planning to niche markets like organic products and handmade crafts. Entrepreneurs can explore top business ideas that capitalize on emerging trends, such as eco-friendly products, digital marketing services, and online tutoring platforms. By leveraging creativity and adaptability, individuals can transform small business ideas into thriving enterprises, contributing to India’s vibrant entrepreneurial ecosystem.
Here’s a list of profitable business ideas with low investment in India that might appeal to you:
- Successful Small Business Ideas
- Creative Business Ideas
- Home Based Business Ideas
- Part-Time Business Ideas
- Low-Cost Business Ideas
- Online Business Ideas
- Profitable Business Ideas
- Big Investment Business Ideas
- Retail Business Ideas
- Manufacturing Business Ideas
- Renting Business Ideas
Top 10 Most Successful Small Business Ideas:
1. tuition/ coaching classes:.
What was your favorite subject in school? Did you sail through Mathematics like a wizard or did you have a special chemistry with Chemistry? If yes, a room, some chairs, a board, marker and duster are all you would need to start teaching a subject. If you know a foreign language like French, Spanish or German, you could easily impart lessons in such languages and start a small business without any great investment. There is always a demand for foreign language classes from students and professionals hence you need not worry about the pipeline drying up as an entrepreneur. The idea is not only about low investment and high returns, it also has a certain sense of cash inflow and demand predictability. For such businesses, you can start with a very small business loan too and there is no dearth of avenues from where you can get a basic loan to start this type of business.
Learn More – Loan for Tuition / Coaching Center
2. Event/ Wedding Planner:
Weddings never go out of fashion. Whether the economy is booming or going through a recession, there is always a market for weddings. To add to it, weddings range from the “big fat Indian weddings” to very private gatherings. To put things in perspective, the Indian wedding market was estimated to be around $50 billion (around ₹33,000 crores) in the year 2017 and it is growing at a rate of 20 percent per year. This presents a huge opportunity for wedding planners who can ensure wedding themes, planners, decorators, and caterers are in place and immaculately plan and organize the entire wedding ceremony. It requires initial capital investment for staff, logistics, and arrangements for which a plethora of small business loan options are available at your disposal. While the initial investment is low, the returns that can be made once the business scales are significant.
3. Cooking Classes:
If the popularity of shows such as MasterChef is any indication, cooking classes may be a great business in India. It requires very low investment but can earn good profits. All you need is to set up a kitchen and equipment, the allied infrastructure, the raw materials, and cooking ingredients. Anyone who believes in the potential of this business would need to make a very low initial investment. They can avail small business loans from a wide range of financial service firms. Once the cooking class is set up, the proprietor can run several batches at the same facility. The Capex investment is thus limited, and small working capital investment would suffice to run the enterprise seamlessly.
4. Driving School/ Cab Service:
If one has good driving skills and can buy a vehicle such as a car, driving lessons can be imparted to people. With the same vehicle, the person can teach 10-15 customers in a month and earn a decent amount with minimum investment. It might not be very difficult to avail of a small business loan and buy a car. A part of the earnings from the driving school can be used towards repayments to service the loan. Depending on the savings, the fleet of cars can be expanded, more driving instructors can be hired, and the business can flourish. A person may also avail of a small business loan to buy a new car. If he has the required driving skills, he can enroll in a ride-hailing service such as an Ola or Uber. Once he does that, he can offer rides through the ride-hailing app and make money to pay off his loans and save for further business expansion.
5. Food Catering Business:
Everyone enjoys good food. A food catering business is never out of demand. All occasions such as birthday parties, weddings, anniversaries, etc. have food on offer and caterers are in demand to ensure that the food served is delicious. For a food catering service, all you need is a kitchen and a few employees to cook, serve, deliver and manage logistics. Did you always want to own a dream restaurant chain? You can start with a food catering business as it is a comparatively low investment and high return business. You can avail of a loan for the Capex investments and slowly build a great business. Considering our country and the celebrations, rituals, and events we have throughout the year, a catering service will always be in demand. It is one of the best small investment ideas in India.
Learn More – Catering Business Plan
6. Fitness Centres:
More than 65% of India’s population is less than 35 years old. The youth are a health-conscious lot and many of them are members of a fitness center or gym. They love to hit the gym and burn a few excess calories. The remaining 35% also comprises a lot of fitness enthusiasts and health-conscious people. Anyone who has trained in an area of fitness can start a fitness center. The space or infrastructure and equipment can be leased or bought. The space can be used for almost 16 hours a day as people like to walk into the fitness center at various times during the day. The idea of opening a fitness center is a business idea with low investment. Even if the person interested in opening this center cannot afford it, he has multiple avenues at his disposal to avail of a small business loan. It is is one of the most profitable business ideas as subscribers of the fitness center find it difficult to keep coming to the fitness center regularly but most of them pay an annual subscription.
Learn More – Yoga & Gym Fitness Studio Loan
7. Computer Training Center:
We are in an era wherein there is a lot of demand for computer literacy and proficiency. If one has a basic idea of how to operate a computer and how to work with simple tools such as the Microsoft Office suite of products – Word, Excel, and PowerPoint, the chances of employment of the person are much brighter. Hence, there is a great demand to learn computers, programming and the booming areas in technology such as artificial intelligence, blockchain, data analytics, IoT, etc. Are you an expert in any such area? If yes, you can start a training center equipped with an internet connection, a few computers and learning aids such as whiteboards, projectors, etc. The business is driven by knowledge and hence the subsequent investment after the initial capex outgo is low. Multiple batches can be run for college students, working professionals, etc. and a handsome profit can be made on a very small initial investment. A business loan for computer business is easily available. You can visit Lendingkart.com for a business loan.
8. Boutique, Salon, Spa, etc.:
There is always a demand for personal hygiene, fashion and grooming-related services. Once you make an initial investment in the store and raw material, if you can focus on selling and brand partnerships, you are highly likely to turn it into a profitable business idea. A small business loan for the same can be easily availed. If you are interested in becoming your own boss with any such venture, the right time is now!
Learn More – Boutique Business Plan
9. Real Estate Agent or Broker:
How about becoming a rainmaker for your own business? Sounds interesting. With a little research on the real estate market in the area and an understanding of the prospects for both commercial and residential real estate, one could venture into creating a real estate agency. If you have good communication and people skills, you are likely to attract buyers and sellers alike and broking a deal could help you earn a handsome commission. The investment required to start this is very less and as you build your network and start playing a role in more deals, the commission you earn can make the business venture a highly profitable one.
10. Web/ Social Media agency:
In the digital age, most companies want to spend their marketing budgets on advertising through digital channels and through paid social media campaigns. If you have a good knowledge of marketing, communications, branding, web presence management and social media, you could start your own venture to help companies establish a strong digital footprint. To start this trending business in India, all you need is an office, a few computers, some skilled professionals and you are good to start. Are funds to start up a problem? You needn’t worry as there are many options to avail of a small business loan to start a web/ social media agency.
Creative Small Business Ideas:
1. children play/adventure area:.
Starting a children’s play area is one of the very profitable idea for a small business. The investment required for such a business is medium.
2. Tea/Coffee Café:
Working at a Café is a new trend. Having a well-furnished café with a good ambiance and a variety of Teas & Coffee is a profitable business. A rented/owned place with a small investment is required for starting a Café.
Learn More – Coffee shop Business Plan
3. Custom Gift Store:
A gift store is one of the best creative ideas. A customer is always looking for customization in their gift. Giving them what they need is surely going to benefit your business and increase profits.
4. Antique Business:
Opening a small antique shop with different kinds of antique items and furniture is surely going to pull the crowd. Antique business can become highly profitable if you find the right customers who are interested in antiques.
5. Game Organizer at Event:
A game organizer is in high demand at various parties like birthdays, anniversaries, etc. It is a creative business idea where you have to be good at communication and creativity.
6. Hot Air Balloon or Boat Ride Services:
This is one of the most adventurous business ideas. The investment required here is big and skilled manpower is required to assure customer safety. To start such a business, you need a bigger space.
7 . DJ Services:
Be it any event, party, or wedding; DJs are always a priority. The pubs are completely dependent on the DJs to pull in the crowd. A person needs a good amount of skills and experience to make the crowd groove.
8. Chatbot services:
One of the upcoming businesses in recent years is developing a Chatbot. Many companies are incorporating chatbot services on their website. Building a custom chatbot as per the requirement will definitely yield high profits.
9. Interior Designer:
If you have a degree in Architecture, you can become an Interior Designer. Real Estate in India is booming day by day. It is expected to reach $1 trillion by 2030. In such a developing market, the need for Interior designers is always going to be high. If you’re skilled and have bright ideas to Turn a House into a Home, this business can do wonders.
10. Dance/Music Classes:
Dance and Music are two creative businesses. Both these businesses require special skills and lots of experience. One of the best things is you can start this business at your Home, with a minimal investment.
11. Ice Cream Business:
One innovative idea for a business is selling ice creams. Create unique flavors according to the seasons to attract your customer. This business requires special skill and patience to try out different combinations of ice cream.
12. Hair Business:
People might think of the Hair business as a weird idea, but the hair industry is one of the most profitable industries. The hair industry contributed $248 million in 2018. India exports hair to the US, Europe, China and the Middle East.
13. Ethnic Food Service:
Nowadays people do not eat to satiate their hunger but for pleasure. If you think you have amazing culinary skills that can make people lick their fingers out, then you should start an Ethnic Food Service at home. You just need to have the right knowledge of ingredients and the idea of the culture and region the recipe comes from.
14. Funeral Services:
Though it may sound weird, such services do exist and are making a good business in India. You need to provide services that might include transportation of the dead body and providing advice about the rituals. The services can also include providing all the materials required for the cremation ritual.
15. Doula Services:
With little training in childbirth and care, you can start your own Doula Service. The investment in this business is very less compared to any other business. The services include a prenatal visit, labor and delivery, and a post-delivery follow-up.
16. Organic Farming:
Organic Farming is being followed in India since ancient times. It aims at cultivating the land by use of organic wastes. With the increasing demand for organic grain in the market, Organic farming has gained a lot of popularity. If you have land you can invest in this small business.
17. Mobile garage service:
Most of the time cars break down in the area where there is no garage service. If you have a vehicle you can convert it into a mobile garage with a small investment.
Starting a bakery is one of the highly profitable food business ideas with low investment. It is especially so for individuals passionate about baking. With cakes, cookies, and pastries always in demand, many people begin from home with minimal setup. You do not need a large space or advanced equipment- basic kitchen tools and fresh ingredients from the local market will suffice. Since most ingredients like flour, eggs, and sugar can be purchased as needed, there is no need for significant upfront stocking. This flexible approach allows new entrepreneurs to start small and scale up as their customer base grows.
19. Vegetable Business
The demand for fresh vegetables is constant. Starting a vegetable business can be one of the most profitable business ideas with low investment. Instead of opening a shop, you can deliver fresh vegetables directly to customers’ doorsteps, capitalising on the growing preference for convenience. By sourcing vegetables from local markets or farmers, and offering delivery services, this business model requires minimal setup costs but can cater to a large customer base.
20. Dietitian
With an increasing focus on healthy living, becoming a dietitian is a unique business idea. A dietitian can provide personalised nutrition plans for individuals based on their health goals or medical conditions. The setup costs are minimal, mainly involving certifications and marketing efforts. As the business grows, dietitians can offer additional services such as online consultations, or workshops. Offering services online can further cut down on overhead costs and expand the client base across cities and even globally.
Home Based Business Ideas:
1. home chocolate business:.
No matter what, chocolates will never go out of demand. May it be any occasion or event chocolates are a must. With little investment in the raw material, you can start a home-based business making chocolates. Home-made chocolates have a huge demand in the market.
2. Recruitment Services:
Recruitment service is one of the most lucrative businesses in today’s time. All you got to do is shortlist, select and appoint suitable candidates for jobs in the comfort of your house and earn a great commission out of it from the company.
3. Tailoring:
Fashion and lifestyle today are one of the most money-making businesses. If you are a housewife or want to earn some extra income, then you can start tailoring services at home. All you need to have is a sewing machine and some fashion sense.
4. Tiffin Services:
Providing food has become a major business in industrial areas. For some working professionals who are unable to cook at home or who stay away from home in other cities, Tiffin Services becomes a convenient option. You can use your kitchen to cook fresh food and start this profitable business.
5. Hobby Class:
If you want to enjoy doing business, start a hobby class. Today, parents want their kids to learn as many things as they can and not waste time hopping around in the sun. You can start a hobby class for dance, music, and craft based on the skill you possess. The best time to earn in this business is during the summer vacations.
6. Yoga Class:
The wellness industry is growing in India. In this fast-paced life, people want to give some time to themselves and attain peace. You can start yoga classes at home and train individuals to live a healthy life with just a little investment.
7. Insurance Agent:
If you possess good communication skills and have great convincing power, be an insurance agent. With little investment, you can start this business. There cannot be any other easy way to earn a good commission than selling insurance policies.
8. MLM – Network Marketing:
Multi-level marketing or Network Marketing is a business where you need to sell products and services of an associated company to earn profits. The income also includes a percentage of income from the sales group which is recruited by you. This is completely a referral business and you can operate from home.
9. Marriage Bureau:
One of the most productive businesses for housewives and retired individuals is Marriage Bureau. You just have to meet and greet people and with little investment, you can run this business from home.
10. Medical Sample Collection:
If you have marginal knowledge about the blood group and various medical procedures, you can start this business. It only requires you to collect body fluid samples and provide them to a pathology clinic near you. This is a less competitive business and can be started in a small place.
Part-Time Business Ideas:
1. errand services:.
If you think you have excellent management and planning skills, you can run this business efficiently. All you have to do is look out for errand tasks such as banking, grocery shopping, paying utility bills, delivering things, etc. and earn through the services you provide.
2. Party planner:
If you enjoy planning and organizing, how about being a party planner. This is the most exciting job as it involves creativity. This business is in very much demand in the metro cities due to their party culture.
3. Accounting and Record-Keeping:
If numbers excite you then you can start an Accounting and Record-Keeping business. A finance person with experience in an accounting job can earn through this business by rendering their expert services. You need special training for this business but can start on your own with very little investment.
4. Day Care Services:
These days many parents rely on daycare centers to care for their children while they work. While some parents may just consider a professional daycare center to be the safest option for babysitting, others consider a homely environment for their children the best. So, if you like children and don’t mind spending a few hours of your day caring for them then you can start a Day Care Service center.
5. Sofa Cleaning Services:
People are getting busier each day. They do not find time to clean their furniture at home and office. If you enjoy cleaning, then you can team up with some semi-skilled or unskilled manpower and start a Sofa Cleaning service with the help of the right equipment.
6. Visa Consultant:
Consultants are always in demand. If you have knowledge about various rules and regulations of visas and can guide about the documents required in the process you can establish a Visa Consultancy firm.
7. Personal Chef:
If you love cooking and hold expertise in cooking various cuisines, you can be a Personal Chef and generate income from your services. This business requires you to invest in mainly the cooking apparatus as well as the ingredients.
8. Sports Coach:
If you share the love for sports and hold a degree in sports coaching, you can train children or individuals who want to make a career in sports. You will need to personally train the individual so he can achieve his goal.
Low-Cost Business Ideas:
1. mobile food shop:.
Mobile Food Shop is the top small business idea as people all over the world love to eat tasty and healthy food. This is a business that you can start with minimum investment and gain maximum profits as no one can ever refuse tasty food provided in a hygienic manner.
2. Fast Food Parlour:
Fast food is the first choice for people who are hungry and do not have access to home-cooked food. If you provide tasty and hygienic food at an economical rate you will gain quick profit.
3. Diet Food Shop:
These days people are too conscious about what they eat. You can find fast-food joints everywhere in the rural and urban areas, but we hardly have shops that provide healthy diet food. Therefore, starting a diet food shop is an excellent idea for a small business.
4. Health Drink:
Due to social media, people are well aware of what is good for their health. They have started opting for health drinks over carbonated drinks. Juices like neem, beetroot, and carrot are too much in demand. Thus, starting a Health Drink stall is a good business idea.
5. Ice Dish & Soda Shop:
Ice Dish & Soda Shop is one of the lowest investment businesses with maximum profit. All you need is to invest in the equipment required to make the drink, like ice snowmaker and soda maker.
6. Courier Shop:
If you are quite efficient in delivering a message, package, or letter from one place or person in the required time, this business is for you. You will require semi-skilled workers to manage the business.
7. Laundry Shop:
Every individual loves wearing fresh clothes that smell good. If you are efficient in providing good laundry service this business is for you. You can employ a few unskilled workers to help you manage the task.
8. Candle Making:
Candle Making is an art but you can make this art into a profitable business if you provide bulk orders by using available machinery through marginal investments.
9. Soap Making:
Organic and herbal soaps are in demand in the market. If you have the skills to make soaps using various ingredients, then you can make this hobby a business.
10. Idol Making:
If you are creative and have the skills to make idols, then you can start a business making idols. We are an idol-worshipping country and during festivals like Ganesh Chaturthi, Durga Puja, etc idols are in great demand.
11. Bag Making:
After a ban on plastic, this area of business is flourishing as there is a huge demand for paper bags from malls and shopping units. You can use your creativity to make bags from jute, cotton, etc to sell them online or offline.
12. Pickle-Papad Making:
Pickle and papad making has been one of the best home-based business ideas for women for a long time. You start this business part-time or full-time as per your convenience.
13. Fruit Jam Making:
Home-made fruit jams are fondly relished by people as they are free from preservatives. You can make this into a profitable business with less investment provided by various organizations.
14. Career Counselling:
If you understand the work trends and the careers that are in demand you can opt to be a Career Counselling. You can start this business from home. Nowadays parents and teachers lookout for good Career Counsellors so they can guide children in pursuing a career for their future.
15. Religious Items:
India is a country of multiple religions and languages, there are various customs and traditions that people follow. The requirements of religious items for engaging in various customs are different. Religious items such as Diya, Dhup, Murti, and Shankha are always in demand. Therefore, this business is favorable in areas where there is a religious organization nearby.
16. Pest Control:
The pest control business is slowly becoming one of the top businesses in the metro cities. Everyone wants to live a healthy life free from diseases caused by insects and mosquitos. Thus, the Pest Control business is a good option in the metro cities.
17. Paan Centre:
Anyone can open a Paan center as it does not require any skill. It is a low-cost business idea and involves the preparation and sale of paan and other related items. You can also sell small items like biscuits and chocolates along with paan.
18. Landscaping Service:
Through the landscaping business, you can provide clients with lawn services to keep their yards groomed and can also plant flowers, trees and shrubs. To start this business, you need to have the knowledge to plant flower beds and gardens to raise the value of a property. As the property rates are going high this business will give you maximum turnover.
19. Aquarium Shop:
The aquarium is a low-cost business where you need to take care of the fish tank and provide Professional Aquarium Leasing and Maintenance for offices or Homes. The aquarium is considered good for Vaastu therefore this is a good business with less investment.
20. House Repair Service:
Every now and then houses need maintenance and repair thus House repair Service is a lucrative business idea. If you have knowledge about construction along with a few skilled workers, you can start this business.
21. Palm Reader or Astrology:
Palm reading is a practice of predicting the future of a person by examining his/her hands. It is a convenient business and a person having the skills of a palm reader can earn a moderate sum through this business.
22. Fumigation Services:
Through Fumigation Services, gaseous pesticides are sprayed or filled in the infected area to get rid of pests. The fumigants or pesticides poison the pests in and around the area. One needs to have a clear idea of the chemicals used in the process to run this business.
23. Spy & Security Services:
No one can be trusted in the present day. Due to this the need for Spy & Security Services arrived. Many people use such services for their homes and offices
24. Car Pooling Services:
Car-pooling is a type of car rental designed to be convenient for people who want to use cars for relatively short periods of time. Car sharing services offer casual drivers the option to rent a car by the hour or day. Due to awareness about pollution and traffic control, this business is booming day by day.
Online Business Ideas:
1. software training:.
If you are an expert in computer languages such as C, C++, JAVA, HTML, etc. you can start a business of software training from a small rental area or from your house.
2. Blogging:
A weblog which is also called a blog is maintained by a blogger to give out information about a subject. Blogging provides a daily income business without investment in the present time. It has gained momentum nowadays as it helps generate traffic and there is demand for bloggers in the market. Therefore, this can turn into an amazing online business in today’s time.
3. Vlogging:
Video blogging or vlogging is an affordable avenue to use to help your small business grow. Video blogging is an innovative way to increase your brand awareness. You can upload your blogs on YouTube and make money out of them easily. All you need is confidence in front of the camera and some editing skills to start with.
4. YouTube Channel:
By 2021, it’s estimated that 82 percent of all internet traffic will be for video. Starting a YouTube channel gives you a powerful medium to produce and distribute video content, which is only going to become more important day by day. Youtubers help individuals and businesses build influence, income, and impact with YouTube and online video.
5. Freelance writer:
Freelance writing is any sort of writing assignment that you do for pay, outside of a staff position. You can meet clients and write content for Web pages, Blog posts, magazine articles, newspaper articles, etc. Many companies nowadays hire freelance writers for their business.
6. SEO Expert:
An SEO company offers search engine optimization services to businesses to help them improve their visibility online. Search engine optimization is the process of making changes to your website design and content to make your site more attractive to search engines. If you are somebody who has expertise in this area, then you are good to start an SEO Business.
7. Hosting Paid Webinars:
A webinar is an online event that is hosted by an organization/company and broadcast to a selected group of individuals through their computers via the Internet. A webinar allows a speaker from the hosting organization/company to share PowerPoint presentations, videos, web pages, or other multimedia content with audiences that can be located anywhere. If you are someone with good domain knowledge, then this is an exceptional business idea for you.
8. App Development:
Application development involves creating a computer program that performs different tasks that a business requires. The application helps businesses automate tedious processes like calculating monthly expenses to scheduling sales reports, to increase efficiency. Many companies require this service so if you have the software skills you can make App development a profitable business.
9. Affiliate Marketing:
Affiliate marketing is the most profitable way to make money online. It is the oldest form of digital marketing wherein you refer someone to any online product and when that person buys the product based on your recommendation, you receive a commission. You can start this business with very little investment.
10. Products Sell on Facebook:
Facebook has more than 2.3 billion monthly active users as of December 2018. Other than being a popular social networking website Facebook provides the facility to make your own store or group online. If you have a product or service with some marketing knowledge you can sell it online on Facebook and make money out of it.
11. Domain Flipping:
Domain Flipping is the business of buying a domain at a lower cost and selling it at a profitable amount. It is a simple business that can lend you a lot of revenue without much effort.
12. Sell Photos Online:
There are many different websites to sell stock photography to be used further for making graphic designs or other resources. You can create portfolios of your images and earn money. There are many different websites to sell stock photography that can help you expand your business.
13. Stock Market Trading:
Stocks are a type of security that gives the investor a share of ownership in a company. Brokers buy and sell stocks through an exchange, charging a commission to do so. A broker is simply a person who is licensed to trade stocks through the exchange. A broker can be on the trading floor or can make trades by phone or electronically. This can be a profitable online business if you have good communication skills.
14. Data Entry:
Data entry is one of the easiest business ideas where one can earn by adding data using the desired software hosted on a computer and its data entry operators who perform these tasks. The benefit of this business is that you can start a business with no previous experience.
15. Cloud Kitchens
Cloud kitchens have emerged as the most profitable business in India with the growth of food delivery services like Swiggy and Zomato. These kitchens operate without a physical dining space, focusing entirely on delivery orders. Homemakers and budding entrepreneurs can leverage social media to build a customer base and utilise food delivery platforms to reach a larger audience. Since cloud kitchens do not require fancy interiors or waitstaff, the setup cost remains relatively low. This allows you to experiment with different cuisines and tap into the ever-growing online food delivery market.
16. Sell Courses
In India, online education has seen exponential growth. This has made course creation one of the lucrative low-investment business ideas for entrepreneurs. Individuals with expertise in areas such as finance, cooking, or even yoga can create online courses and sell them to interested learners. Platforms like Udemy and YouTube allow creators to monetize their knowledge. Since the business requires only a camera, a good internet connection, and domain expertise, the investment is minimal. Course creators can earn recurring revenue as long as their content remains relevant and valuable to the target audience.
17. Ghostwriting
For those with strong writing skills, ghostwriting can be one of the best businesses to start. Ghostwriters create content for clients who then publish it under their name, whether it is articles, books, or blog posts. This business has no major setup costs other than a computer and internet access. Many clients, especially businesses, are willing to pay a premium for high-quality, confidential writing services.
18. Reseller
Reselling refurbished or second-hand items falls among the growing small scale business ideas in India. The feasibility of this business is in alignment with platforms like OLX and Facebook marketplace. Entrepreneurs can find used furniture, electronics, or vehicles, refurbish them, and sell them for a profit. Since this business doesn’t require inventory management or large capital, it is one of the viable low-investment business options. With the right network of suppliers and customers, resellers can steadily grow their operations and even establish an online store to streamline sales.
19. Drop-shipping
Drop-shipping offers a low-risk business model for those looking to start an online retail business without managing inventory. It is a small investment business from home ideas that can be profitable with the right planning and execution. As an entrepreneur, you can act as an intermediary between the customer and the supplier. Take customer orders and pass them to the supplier who would ship the products directly to buyers. This eliminates the need for stocking products or handling deliveries. With minimal upfront investment, drop-shipping allows you to sell a wide range of products online, from fashion to electronics, and earn profits from the price margin. The key to success in this business is finding reliable suppliers and effectively marketing the products online.
20. Digital Publishing
Digital publishing falls among low investment home small business ideas. It is an exciting opportunity for those passionate about books and writing. With the increasing popularity of eBooks, authors and publishers can bypass traditional publishing houses by self-publishing. This initial investment goes into creating an online presence through a website and marketing efforts. By focusing on digital books first, costs like printing and distribution are avoided. As the business grows, it expands into physical publishing, offering paperback versions or even creating a small publishing company.
Profitable Business Ideas:
1. restaurant:.
You can start an eatery that serves food and drinks to customers in exchange for money. Meals are generally served and eaten on the premises, but many restaurants also offer take-out and food delivery services which is the need of the hour. This business requires a lot of planning and hard work. With a few skilled workers, you can start this business at a medium investment from any organization.
2. Readymade Namkeen Breakfast Shop:
Namkeens are easy Breakfast that can be had on the go. You can start a Readymade Namkeen Breakfast Shop across the street as people prefer readymade Namkeen and breakfast instead of cooking at home and it is an easy snack.
3. Mobile Sales and Repair:
The mobile phone business is growing exponentially. If your customers who buy phones from you ever need mobile repairing services, there are high chances that they will come to you to get their handsets repaired. Your mobile repairing business can be a highly profitable business venture if it’s run in a professional way. The best thing is that you can start this business with a very small investment and with little experience in the same.
4. Package Drinking Water:
The demand for packaged drinking water is growing exponentially in small towns and cities in India. This is an evergreen business and there is a place for everyone who wants to step into this opportunity. The investment required in this business depends on the size of the business and the clients you hold.
5. Jewellery Production & sale:
If fashion is an area where you thrive, and you have a talent for creating unique jewelry then you can start this business. You can build a name in the local market and ask for referrals from previous customers to excel in this business.
Milk and milk products are always in demand. All you need is a small shop and cold storage facility to run this business. You can serve milk, sweets, and related products and establish a dairy business.
7. Commercial and Industrial Machinery Equipment Rental:
Offering commercial and industrial machinery and equipment for rent to various industries like construction, mining, transportation, and forestry machinery could be a profitable business idea. These firms generally do not own a store-front facility. As this heavy machinery are usually very costly, companies prefer renting them instead of buying it. This business requires moderate investment, but the returns are high compared to other businesses.
8. Travel Agency:
A travel agency is a public service related to travel and tourism. You need to have good communication skills to start this business. You can also operate from home and do not need to rent a place for starting this business. You can provide Air, Road, and Railway travel tickets to start with. This business is in huge demand in metro cities.
9. IT Hardware shop:
Hardware shops provide hardware items building materials, plumbing materials, etc. to huge electrical materials. To start this business, you need to have knowledge of the products. On average good performing, hardware makes a net profit of 10% on its daily sales.
10. Food Truck
Food trucks have gained immense popularity in urban India, offering a variety of fast foods and snacks. It is one of the most profitable businesses to start in India as it has a versatile business model. You can purchase an old truck and refurbish it. Start by offering items by pizza, sandwiches, or street food. With minimal costs like fresh vegetables and other ingredients, it is a manageable investment even for beginners. Careful planning and smart sourcing can keep costs under control. Location and menu flexibility make food trucks a thriving venture in bustling areas like office zones or college campuses.
11. Footwear Designing
Footwear design is one of the low-cost business ideas with high profit opportunity. This is particularly true in India where consumers value both comfort and style. Aspiring entrepreneurs can start small by creating custom designs or offering personalised shoe collections. The market has multiple niches- from kids’ footwear to sports shoes- which allows designers to cater to specific audiences. Entrepreneurs can start by sourcing materials locally and selling directly to customers or through online platforms. Those looking to expand quickly might consider buying into a franchise or partnering with manufacturers for larger-scale operations.
Big Investment Business Ideas:
1. textile unit:.
The textile industry is currently contributing 2% to India’s GDP and 15% to the export earnings of the country. Opening a textile unit firm means supplying different types of fabrics for the fashion and apparel industry. The shop should be in an area where there is demand and the factory should be in an area that is well-connected.
2. Rice Mill:
Rice Mill is one of the big business ideas that involves the post production of rice. The equipment and machinery will help remove the husk from the rice to make it edible. India is still the largest exporter of Rice in the world therefore this is a profitable business.
3. Beer and Wine-Making:
In the last few years, the wine industry was at high growth, a $30 billion industry for both domestic and international wines. Therefore, starting your own beer and wine company is a diverse opportunity for business startups.
4. Manufacturing Fabrication Plant:
Metal fabrication is the creation of metal structures by cutting, bending, welding and assembling processes. It is a value-added process involving the creation of machines, parts, and structures from various raw materials. You need skilled manpower and a lot of machinery for this business.
5. Crane and Lifting Service:
Crane and Lifting Service deliver the right lifting equipment and service to match the customer’s needs. You need specialized maintenance services and spare parts for all types and makes of industrial cranes and hoists to start this business.
6. Transportation services:
To start a transportation business, you will need to decide which type of business you intend to create. The type of company you think of establishing should be determined based, among other things, on the need and competition in the area you decide to work in. You can start a taxi service, bike rental, or bus service as per your investment in the business.
7. Car Parking Services:
If you have a huge vacant area outdoors that you can use for business purposes you can start a Car Parking Services business. It is a recent concept as the number of cars on road is increasing.
8. Petrol Pump & Gas Station:
Gas stations offer various fuels to motorists including petrol, diesel, and LPG and CNG gas. Petrol Pump is considered to be a very beneficial business. If you open petrol pumps at a decent place, you can make a lot of money.
9. Marriage Halls:
There are marriages and events happening every now and then in India. This gives rise to the demand for Marriage Halls. If you own a property that can be converted into a big hall that can accommodate 800-1000 people, you can start this business and rent it to people looking for ceremonies, weddings, parties, etc.
10 Luxurious Car Services:
The sale of Luxurious Cars has been reduced because despite the desire to buy such cars not many can afford them. The demand for Luxurious Car Services has increased in the market. In this business, you need to purchase luxurious cars and lease them. People rent luxury cars for special occasions or to make airport transport easier.
11. Imported Furniture Store:
According to data from The Retail Owners Institute, the gross profit margin for retail furniture stores has risen slightly from 43.8 percent in 2014 to 45 percent in 2018. For this business, you can import furniture from China, UAE or other countries. You need a huge capital to start this business.
12. Electronic Store:
We are now living in the age of electronics. Electronics are tied into so many different aspects of our life. So, starting an electronic store is a profitable business but you need to have information about the products. The amount required to invest in this business may vary according to the products you provide.
13. Art and Collection Shop:
Professional artists can start their own art businesses. Starting an Art and Collection Shop requires a little business planning, a whole lot of marketing, and most importantly, the ability to create work that resonates with people.
14. Video Conference and Board Room Services:
With businesses operating more globally and at a faster pace than ever, there is an increasing need to bring together remote participants using a variety of video services for conferences, training, or regular information-sharing sessions without the requirement for extensive travel. You can make business by providing digital solutions that enhance convenience, improve productivity, and save companies crucial time and money.
15. Night Club:
If you are a night person and love music and dance, you can make others groove by starting a nightclub. The investment is big as licenses and good quality sound equipment are required to start this kind of business.
16. Poultry and Fisheries:
Poultry and Fisheries have now become popular rural enterprises in different states of the country. Apart from eggs and chicken, poultry also yields manure, which has a high fertilizer value. This becomes an added profit for the business.
17. Building Construction:
A construction company is a capital-intensive business. You may need to rent or buy heavy equipment or purchase material in bulk. A solid business plan can outline your assets and make the case for your new construction company to access funding from investment sources. This is a business with high investments that can provide higher outcomes.
18. Solar Farm:
Solar farms are replacing croplands that don’t generate enough income from traditional farming. Solar farms use solar panels to generate huge amounts of renewable electricity that can be used by individuals for commercial and residential purposes. Building a solar farm is a capital-intensive business but the Returns on Investment (ROI) are worth it in the long run.
19. UPS Business:
UPS business involves buying and selling UPS. You can collaborate with major UPS companies like APC and sell their products to make business.
20. Auto Modification Services:
Custom car shops appeal to automotive enthusiasts who are in love with engineering and designing. This business is needed because of the large demand for vehicle customization. You need to have a creative mind to start this business.
21. Chemical Unit:
The chemical industry landscape has opened new doors of opportunities for chemical buyers and sellers. This business has a huge export potential and requires huge investment.
Gold Ornament Shop: Starting your own Gold Ornament shop business is a great way to tap into the jewelry industry. A small jewelry store can be started for as little as $20,000. The cost may vary depending on your location.
22. Printing Press:
Our society is so much influenced by the printing press. Nowadays, running a printing press is a successful business. We can print books, newspapers, invitation cards, magazines, posters, flyers, pamphlets, envelopes, business cards, and stationery items. Operating a printing business requires a few specialized pieces of equipment, and can be operated as a home-based, storefront, or online business.
23. Peer 2 Peer Lending Business:
P2P lending is a business where one lends money to individuals or small and moderate businesses through online services. To start a Peer 2 Peer Lending business, you need to open an investor account for starting this business. Though profitable, this business involves great risk.
24. Internet Service provider:
An Internet service provider (ISP) is a company that provides customers with Internet access. There is a huge demand for the internet thus starting this business makes sense.
25. Computer Class:
If you have knowledge of computers and can teach others the same, then you can start a Computer Class. All you need is a few computers and a space where you can set up your business.
26. Hotel Business:
The hotel business requires huge investments and manpower. To start this business, you need to buy or rent an establishment that provides lodging and, oftentimes, meals and other services for travelers and other paying guests.
27. Oxygen gas bottle:
To start this business, you need to invest in quality equipment, a healthy supply of cylinders of liquid oxygen, compressed oxygen, and flow meters. You need to remember to maintain a safe, hygienic environment for your equipment at all times. You can own cash to cover start-up and operating expenses.
28. Car Battery:
If you are seriously thinking of launching a car battery business, get advice from someone who is already in the business. Every vehicle needs a battery may it be a two-wheeler or a four-wheeler. Therefore, the Car Battery business is a very good business idea
29. Cement Business:
India has a huge potential for infrastructural growth. When the future involves the development of 99 smart cities, you can expect positive growth in the cement business. Opening a cement business can get you on the path to a secure financial future but it’s important to plan out the business in detail before you start.
30. Spice or Masala Powder:
Spices from India are going places, with exports on course to top $3 billion in the last few years. Spice Powder Making Business ensures a good return with low investment.
31. Money Lender:
Lenders are businesses or financial institutions that lend money, with the expectation that it will be paid back. The lender is paid interest on the loan as a cost of the loan. The higher the risk of not being paid back, the higher the interest rate. This business involves money therefore, you need to carefully lend money to people who can return the borrowed money with proper documentation.
32. Nursery school:
The demand for good nursery schools is growing in the city. Now is the perfect time to consider opening a nursing school. To start this business, you need trained staff and a huge space to start this business.
33. Modelling Agency:
If you are interested in representing fashion models, to work for the fashion industry then you should start a Modelling Agency. These agencies earn their income via commission, usually from the deal they make with the model and/or the head agency. The top agencies work with big-budget advertising agencies and fashion designers.
34. Pathology Lab:
Indian diagnostic market is growing at nearly 15-20% and is estimated to be currently worth 40,000 Cr. Setting up a pathological lab can be an extremely lucrative business idea.
Retail Business Ideas:
1. grocery store:.
Grocery stores sell food and other household items. Often called supermarkets, grocery stores are go-to sources for a home’s food needs. grocery shopping is an integral part of human life, and any such business that appeals to life sustenance is sure to become profitable if it is handled properly.
2. Organic Food Store:
The organic food store is another niche in the grocery business idea. To succeed in the organic food business, it is essential to have a proper plan on how to get authentic organic produce on a regular basis. Location is another very important thing to consider as you have to set up in an area where the people are health conscious and can afford the high price of organic produce.
3. Hardware Store:
A hardware store typically sells hand and power tools, building materials, plumbing supplies, cleaning products and much more. A hardware store has a lot of components to the business that requires detail-oriented planning. You need to research and find a developing area to start this business for its success.
4. Auto Spare Part Store:
Auto Spare Part Store is a cash-intensive business. With substantial capital investment and strategic planning, you can initiate this type of store. Starting an Auto Parts store is a fulfilling way to make money.
5. Stationary & Book Store:
Stationery items are always in demand whether be it a school or corporate. The best place for running stationery and bookstore is always nearby school or corporate the chances of getting more business and good profit is very high. In this business, investment is not required and no special skills are needed.
6. Cosmetic Store:
As people are nowadays becoming more beauty conscious so the demand for beauty products has increased than before. Ladies are always in search of a cosmetic store. This business too needs a very small investment.
7. Leather & Perfume Shop:
This is another form of small business in which you need to keep products like bags, belts, wallets and perfumes. These kinds of businesses are always evergreen businesses with good products and small investments.
8. Xerox Shop:
Xerox Shop is a good business for making profits. A Xerox Shop is available in every locality. This itself proves the success of running Xerox Shop along with other products like bookbinding, lamination and small stationery items. The investment required too is low. The best location to start up this business set up would be schools, colleges, offices, etc.
9. Beauty Salon:
Beauty salons are now among the emerging businesses in India. The beauty care segment is most likely carried out by ladies. This business demands some special skills related to skincare. The person carrying out this business should have undergone special training and courses related to skincare and have good knowledge of beauty products. Investment required for this small business start-up is very low or else you can even opt for a franchise for a well-renowned brand.
10. Medical Diagnostic Center:
Medical care is essential in today’s world. Day by day there is a new disease affecting the health of people, so timely health and medical check-up have become very important. With proper medical check-ups and advanced analysis, we can be safe from many prone to diseases. The investment required for running this business is substantial.
11. Photo Studio:
The photo studio is a business that can be started up with very less investment. Business success depends upon the skills and ideas that you have in the photography line.
12. Safety & Security Products Retail Business:
In today’s world safety and security are all that one needs. So, the safety and security products in the market are always in good demand in the retail business. For starting this business, you need to have products like helmets, safety lockers, CCTV cameras, etc.
13. Herbal & Ayurveda Products Retail Business:
Herbal and Ayurveda have existed in India for a very long time. Ayurveda is a proven medicine for healing and curing diseases with no side effects. The herbal and Ayurveda medicine manufacturers are now booming in the health segment. Especially after the entry of Patanjali into the industry. This is the right time to start up with herbal and Ayurveda products retail business with moderate investment and get better profits.
14. Scrap Store:
You can also earn a profit from scrap stores. In this business what you need to do is collect scraps like newspaper, plastic, and other discarded material.
15. Gift Card Shop:
You will find at least one gift shop in all locality. Today’s world is much excited about forgiving and accepting gifts. The gift shops also possess a good amount of revenue. The gift shop business consists of business or personal giftings. Gift shop businesses require proper location and a good collection of gift cards. Gift cards are used widely on every occasion.
16. Optician Shop:
You may have even noticed there would be at least one optician shop in all areas. Eyeglasses are mostly used by the majority of people. Due to the constant climatic changes, there are often eyesight issues caused to people of all age groups. To start up with an eyeglasses business you need to have sunglasses, contact lenses and different trendy frames for specks. The rate of the products depends on the quality of the products and business location.
17. Seasonal Business:
Seasonal Business ideas are another form of business in India. This business start-up can be done with a small investment. Your business depends on the seasonal and festive needs of the consumers like crackers, raincoats, woolen clothes, etc.
18. Utensil Shop:
Utensil shopping business is a never-ending retail business idea. Requirements for starting this business is you need a suitable shop and inventory of steel items. The success of this business depends upon the location of the shop and the quality of utensils.
19. Foam Mattress:
Thinking of starting your own foam mattress business? Starting of manufacturing foam business is among small investments. You either can become a trader or a manufacturer.
20. Business Idea of Ice:
A business of ice can be started up with a very low investment. Ice is a commodity frequently used by us day-to-day for cooling.
21. Tattoo Shop:
Today’s generation is crazy about tattoos and ready for paying any amount for a good designer and trendy tattoo collections with them. The tattoo business is among the upcoming businesses for earning good profit. The only thing you need to know is the skills required for tattoo making or having skilled people for the same.
22. Clothing Business
Clothing is another lucrative low budget business idea, especially with the rise of online platforms. For entrepreneurs with a creative flair, launching a t-shirt printing business or an online boutique can be a profitable venture. There are various low-cost printing machines available that allow custom designs, making it easy to stand out in a crowded market. Alternatively, sourcing from manufacturers and reselling them online is also a viable business model. Startups can further reduce costs by leveraging social media for marketing and customer engagement.
Manufacturing Business Ideas:
1. honey making:.
The honey Manufacturing business is another form of small business. Honey processing can be performed in two different processes: manual and automatic. Starting your honey manufacturing business is easy and convenient for people planning for small-scale business.
2. Manufacturing toys:
The toy Manufacturing business is a top booming industry in the Indian business segment. Starting up a new Toy Manufacturing business is very profitable. Before setting up the business unit we need to have proper research on the prototype and raw materials required for toy manufacturing. There is machinery available in the market by which you can produce an ample number of toys and earn more profits. The toy Manufacturing business can be started up with very low investment and then further expanded.
3. Manufacturing of Plastic bottles:
If you are looking for starting up your own business venture, currently there is a booming rise in the plastic products manufacturing business. Day by day the demand and supply for plastic bottles are increasing. Before starting up with the manufacturing of plastic bottles you need to have proper knowledge and expertise in injection moulding and manufacturing. You also need to complete some legal formalities like getting up your legal documents ready, factory license number, GST number, etc.
4. Fertilizer Manufacturing:
India is the third-largest manufacturer of nitrogenous fertilizers in the globe. The fertilizer manufacturing business can be started with very low investment or high investment. If you are new to this business start with a small investment with compost fertilizer from waste items, and soon you understand how to expand your business.
5. Water Filter and bottling Plant:
Water filter and bottling plant is a commercial enterprise and one of the prime requirements nowadays. The role of the mineral water bottle plant is important for this industry and to society. For setting up a business water filter and bottling plant you need to have ample space and skilled manpower. The investment required for this business is very high.
6. Furniture making:
Furniture is an essential part of our daily life. The furniture business is also to be considered a booming industry. Furniture always has its never-ending demand from schools, colleges, offices, and homes. If you have ample space with you and skilled workers to start furniture making.
7. Production of Leather related items:
Production of leather-related items is always in huge demand in the market. Leather products such as bags, footwear, garments, etc are some leather-related items that have huge demand and are used in day-to-day living. If you get proper manpower you start up your business of production of leather-related items.
8. Electrical Fitting Production:
Electricity has become essential for our day-to-day living. We cannot even imagine a day without electricity. In today’s life, there is a high demand for electrical fitting production in the market. But even though the investment required in this business is not so high as compared to others, with a small investment we can start up an electrical fitting production.
9. Embroiderer:
We will now next cover the details related to the Embroiderer business. To start up with this business you need to have a creative design idea for embroidery. Creative designer Embroiderer can be done with low-end machines or by sophisticated tools. This is a lucrative business and can earn a good margin.
10. Carpet Making:
The Carpet making business is among the creative business and is among the large business opportunities. Starting up a carpet-making company with a good creative mindset would lead to a highly profitable business. Before starting this business, you need to know the appropriate skill before starting the business.
11. Ceramic Tile Maker:
Ceramic Tile business is another profitable business as Tiles are required in every household. The investment required is high in this business.
12. Kitchen Utensil maker:
There is a huge requirement for Kitchen Utensils in every house. Starting a Kitchen utensil business is a great idea in terms of the profit that it will give.
Renting Business Ideas:
1. atm space rental:.
A commercial space always yields good profits. Renting your space to Bank ATM will yield fix monthly profits.
2. Car/Bus Rental:
The car rental business has grown since Ola & Uber came into existence. Buses are in huge demand for family functions, weddings, etc. Start a Car/Bus rental business with a business loan from Lendingkart.com
3. Construction Equipment Rental:
The real estate industry in India is booming day by day. Due to the high costs, developers prefer getting construction equipment for rent. Starting this business will result in high profits every time.
4. Fancy Dress Renting Business:
Starting a Fancy-dress business is a low-investment business idea as you need to buy dresses that fit kids as there is a huge requirement from school kids for school events. Start your fancy-dress renting business and earn handsomely.
5. Decorator:
Starting a Decorator business is always a great idea as every event requires decoration material, chairs, stage material, etc. Though the initial investment in this business is high, it will yield a profit at every event as the same stuff will be used.
There are many more such ideas wherein the investment required is low, but the profits can be significantly high. Such lucrative ideas mostly depend on your people and networking skills, knowledge in niche areas, and latent demand for the same in the market. If you are bitten by the entrepreneurial bug, take the plunge today. If financing your venture is a stumbling block, visit Lendingkart.com .
Steps to Start a Small Business
Starting a minimum investment business in India can be a fulfilling journey if approached methodically. Here’s a detailed guide to help you:
- Find Your Business Idea: The first step is identifying a business idea that aligns with your skills, passion, and market demand. Think about what problem you can solve or services you can improve. Research thoroughly to understand the competition and potential customer base. This can involve studying market trends, speaking with potential customers, or even conducting small surveys to validate your idea.
- Make a Plan: Writing a business plan is crucial. It should outline your business objectives, target market, and the strategies you’ll use to generate revenue. Be sure to include an analysis of your competition and financial forecasts, which detail how much capital you will need to start your business and when you expect to break even. A well-crafted business plan acts as a roadmap for your business and is also essential if you are seeking investors or loans.
- Choose a Business Name: Your business name should be catchy, unique, and easy to spell. It should reflect what your business offers and be memorable for your target audience. After deciding on a name, check for domain availability and register the name with the Ministry of Corporate Affairs in India. Ensure that it is not already trademarked by another company to avoid legal issues later.
- Register Your Business: Registering your business is crucial to give it a legal standing. Depending on your business structure- sole proprietorship, partnership, LLP, or private limited company- you will need to complete a different registration process. This ensures you are legally compliant and can operate smoothly, especially when it comes to taxes and liabilities.
- Handle Legal Requirements: Every business in India must adhere to specific regulations. You might need licences, permits, or certifications, which depend on the nature of your business. For instance, if you are starting a food business, you will need an FSSAI licence. Ensure you also comply with GST registration if your turnover exceeds the threshold. Be aware of the legalities surrounding employee management.
- Open a Business Bank Account: A separate business bank account helps keep your finances organised. This ensures your personal and professional expenses don’t mix. This is also essential when you apply for loans or deal with clients and vendors. It helps in maintaining a clear financial record, which is important for tax filing and future business expansion.
- Set Up Your Finances: Proper financial management is the backbone of any successful business. Set up a budget for operating costs, equipment, and marketing. Keep detailed records of all transactions. You may also want to consult an accountant or use financial software to streamline invoicing, payroll, and other financial tasks. This will help you manage cash flow effectively.
- Develop Your Product or Service: Focus on delivering quality products or services that stand out in the market. This step involves sourcing materials, managing production, and ensuring that your offerings meet customer expectations. Regularly seek feedback from your initial customers to refine your product or service and keep improving based on market demand.
- Find Your Location: Depending on the type of business, you may need a physical location or an online presence. A retail shop, an office, or even a virtual store on an e-commerce platform should be chosen based on your business model. Make sure the location you selected is convenient for your target audience. If it’s online, ensure your website is user-friendly and accessible.
- Build Your Brand: Creating a strong brand identity is essential to differentiate yourself from competitors. This involves more than just a logo; it includes how you communicate with customers, the quality of your products, and your overall company ethos. Use tools to design a professional logo and build a website that communicates your offerings and values.
- Market Your Business: A robust marketing strategy is key to reaching potential customers. Use digital marketing techniques such as social media, search engine optimisation (SEO), and paid advertising. In India, leveraging local networks and participating in community events can also help build a customer base. The goal is to create awareness, attract customers, and encourage repeat business.
- Launch Your Business: Once everything is in place, you’re ready to launch. It is important to generate buzz around your launch through promotions or an opening event. After the launch, focus on delivering excellent customer service, gathering feedback, and continuously improving your products or services to ensure long-term success.
Benefits of a Low Budget Business
Having a business with low investment in India has numerous advantages. Here are some key benefits:
- Low Startup Cost: One of the major advantages is the minimal initial capital required. This allows entrepreneurs to test their business ideas without heavy financial commitments. This reduces the pressure of recouping large investments and makes entrepreneurship accessible to a larger population.
- Flexibility: Low investment businesses offer more room for experimentation. Since the risk is lower, you can afford to try different strategies, products, or services and pivot based on customer feedback. This flexibility allows for innovation and adaptation in a dynamic market.
- Potential for Growth: Do not underestimate the potential of a small business. With consistent effort, good customer service, and strategic marketing, small businesses can grow significantly. Many successful large businesses today started with low investment and scaled gradually.
- Easy Entry: Since low investment businesses typically require less paperwork and fewer financial resources, they are easier to launch. Entrepreneurs can enter the market quickly, experiment with ideas, and make adjustments without worrying about large financial losses.
- Builds Experience: Even with limited resources, managing a business teaches valuable lessons in finance, marketing, and customer service. This hands-on experience equips entrepreneurs with the knowledge and skills needed to grow the business or explore larger ventures in the future.
- Networking Opportunities: Running a business, even on a small scale, helps you build a professional network. This network can include customers, fellow business owners, and industry professionals who can provide valuable insights, partnerships, or referrals.
- Personal Satisfaction: Building something from scratch and seeing it succeed provides immense personal satisfaction. The freedom of being your own boss and controlling your financial future is an added benefit of running your own business.
Factors Affected Expenses in Business
Several factors can impact the costs of running a business. Here’s how you can minimise expenses:
- Inventory Management: If your business involves selling physical products, managing your inventory efficiently can significantly reduce costs. Instead of stocking large amounts, consider dropshipping or maintaining a small inventory to lower operating costs such as storage and handling.
- Service-Based Businesses: Opting for a service-based business reduces costs related to manufacturing, inventory, and logistics. Businesses like consultancy, graphic design, or content writing require minimal investment. This allows you to focus on providing value to clients without hefty upfront expenses.
- Technology Usage: Incorporating technology into your operations can enhance productivity and cut costs. Tools like customer management systems, accounting software, and marketing platforms automate processes, enabling you to focus on growing your business without increasing expenses.
- Focus on Niche Markets: By focusing on a niche, you can limit your competition and specialise in offering high-quality services to a targeted audience. This not only helps you reduce operational costs but also increases customer loyalty and profitability in the long run.
What Do You Need to Start a Successful Business?
Starting a successful business requires more than just a good idea. Here’s how to set yourself up for success:
- Adequate Preparation: Before diving in, take time to plan and prepare. This involves market research, understanding customer needs, and ensuring that your business idea has potential in the market. Comprehensive research helps you identify the demand for your product or service and ensures that you are not venturing into a saturated space. It also prepares you for the potential obstacles and risks, which can be mitigated with proper planning.
- Financial Planning: Calculate your startup and operational costs in advance. Having a clear picture of your financial needs helps you secure funding and prevents surprises down the road. Additionally, understanding cash flow, pricing strategies, and budgeting ensures that your business remains financially healthy in the long run. Consider setting up an emergency fund for unforeseen expenses that could arise as your business grows.
- Market Research: Investigate whether your business will be profitable in your target area. Analyse the competition, the size of your potential market, and customer behaviour to ensure you are entering a sustainable and demand-driven niche. Detailed market research can provide insight into customer preferences, pricing sensitivity, and market gaps. This research will help you tailor your offerings to meet the specific needs of your target audience.
- Industry Knowledge: Having expertise in the field you are entering significantly increases your chances of success. It allows you to make informed decisions and avoid common pitfalls. Industry knowledge helps you understand the nuances of your market, including regulations, trends, and emerging technologies that can impact your business. This can also make you more adaptable to changes, helping you stay competitive.
- Organisation Skills: Running a business requires strong organisational skills. From managing your time to tracking finances, being well-organised helps you operate efficiently and focus on growth. Keeping clear records, setting up processes for daily operations, and using tools like project management software can streamline tasks and help prevent chaos. The organisation also ensures that important deadlines and goals are met consistently, paving the way for smoother scaling.
Do’s and Don’ts of Starting a Low Investment Business
Follow these essential do’s and don’ts to guide you through the process of starting a business.
- Link Your Business with Other Companies: Collaborating with complementary businesses can help extend your market reach and increase profitability. For instance, if you are running a tiffin service, consider partnering with local suppliers or homemade products like snacks or beverages. These collaborations add value and diversify your revenue streams, ensuring better financial stability.
- Expand and Diversify Once Established: Once your initial business starts gaining traction, look for expansion opportunities or introduce new products or services related to your current offering. Diversifying increases your revenue potential and minimises risks by ensuring you’re not overly dependent on one source of income. Gradual expansion allows you to test new markets while maintaining your core business.
- Explore Financial Options: Take advantage of small business loans, government schemes, or funding opportunities available for entrepreneurs in India. Programs like MUDRA loans or startup subsidies can ease your financial burden. They provide the necessary capital to grow your business.
- Be Innovative and Unique: Set yourself apart by offering something different from your competitors. Whether it is a unique product, an innovative service, or a distinctive customer experience, innovation can give you a competitive edge in the market. Customers are always on the lookout for fresh solutions, and standing out will help build customer loyalty.
- Seek Professional Advice: Engage with mentors, advisors, or even professional networks that can guide your business growth. An advisory board or business consultants can provide valuable insights into industry trends, help solve operational challenges, and assist in improving your sales and marketing strategies. This outside perspective is often key to navigating the complexities of entrepreneurship.
- Avoid Entering a Business Without Sufficient Knowledge: Beginning a business in an unfamiliar industry is risky. It is essential to have a clear understanding of the market, product, and customer needs before investing time or money. Inadequate knowledge can lead to costly mistakes, reducing the chances of success. Make sure you research thoroughly and even consider gaining experience or expertise before taking the plunge.
- Don’t Skip Planning: A concrete business plan is essential for your success. It provides a roadmap for your goals, financial planning, and growth strategies. Operating without a clear plan often leads to disorganisation and missed opportunities. Regularly review and update your business plan to adapt to market changes and track your progress effectively.
- Don’t Rely on One Revenue Stream: Depending on a single source of income makes your business vulnerable. This is especially so during economic downturns or market changes. Diversifying your income streams ensures that your business remains sustainable even when one area faces challenges. Explore multiple avenues such as selling additional products, offering services, or finding new customer bases.
- Don’t Ignore Quality Hiring: Skipping on hiring or working with unskilled staff can compromise the quality of your product or service. To build a successful business, it’s important to hire competent individuals who share your vision and can help your company grow. Investing in good employees early on can significantly improve the chances of long-term success.
- Don’t Neglect Supplier and Partner Relationship: Your relationship with suppliers, partners, and collaborators can be a critical factor in your business’s success. Cultivating strong and reliable partnerships ensures a smoother supply chain, better deals, and more opportunities for growth. Building mutual trust and maintaining good communication will help strengthen these relationships over time.
Conclusion
When exploring the vast landscape of small to highest profit businesses in India, it is clear that there are numerous avenues for aspiring entrepreneurs to pursue such low-investment ventures. From innovative tech startups to traditional local services, the potential for success is immense, especially for those who are well-prepared and informed. Understanding the market, customer needs, and financial planning is crucial for turning any business idea into a profitable reality. Moreover, having the right financial support can significantly enhance your chances of success. This is where Lendingkart comes in with custom loan solutions to meet the diverse needs of your small business. Our quick and accessible funding options make it easier for aspiring entrepreneurs to turn their ideas into successful business ventures.
Lendingkart Instant Business Loans App – Loans Under 5 Minutes
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25 Best Zero investment business ideas in india 2024
Explore 25 Best Zero Investment Business Ideas in India and Start Your Entrepreneurial Journey Today!
Table of Contents
Introduction.
In today’s fast-paced and ever-changing business environment, not everyone has the privilege of having substantial capital to kickstart their entrepreneurial dreams. The good news, however, is that you don’t always need a hefty investment to venture into the world of business. Believe it or not, India, a land teeming with opportunities, is a hotspot for groundbreaking zero investment business ideas in 2024. Whether you’re a stay-at-home parent seeking financial independence, a student looking to explore your entrepreneurial side, or simply someone eager to diversify their income streams, there’s a world of zero investment business ideas awaiting your discovery.
In this insightful blog, we’ll embark on a journey to unravel 25 of the most promising zero investment business ideas tailored for the Indian landscape in 2024. These ideas are not just pathways to financial independence; they’re the gateways to innovation, creativity, and self-expression. So, whether you’re tech-savvy, artistically inclined, or simply passionate about a particular niche, it’s time to explore the boundless opportunities that the world of zero investment businesses has in store for you. Let’s dive in and discover the entrepreneurial potential that awaits in the vibrant and ever-evolving landscape of India.
What are Zero Investment Business Ideas in India?
Zero investment business ideas, also known as zero capital or 0 investment businesses, allow aspiring entrepreneurs to kickstart their entrepreneurial journey without the need for significant financial resources. These ideas rely on creativity, skills, and strategic planning rather than upfront capital. In India, with its vast and diverse consumer base, there’s ample room for such businesses to thrive.
25 Best Zero Investment Business Ideas
Here are the 25 best zero investment business ideas that will help you embark on your entrepreneurial journey without the burden of initial financial investment. Explore these creative and profitable opportunities to start and grow your business
1. Print-on-Demand
Create custom-designed products like T-shirts, mugs, and phone cases and sell them on platforms like BlinkStore (more on this later).
2. Freelancing
Kickstart your zero investment business by offering your writing, graphic design, or digital marketing services online. You can tap into the vast market of clients seeking skilled freelancers in India.
3. Content Creation
Launch your own YouTube channel, or podcast with zero investment and monetize your content through ads, affiliate marketing, and sponsorships in India.
4. Affiliate Marketing
In the world of 0 investment business ideas, affiliate marketing stands out as a way to earn commissions by promoting products or services without any upfront financial commitment.
5. Online Tutoring
Share your knowledge through online tutoring in India, providing valuable educational services with zero investment
6. Dropshipping
Start your e-commerce journey in India without investing in inventory by becoming a zero investment drop shipper, connecting customers with products directly from suppliers.
7. Social Media Management
Help businesses enhance their online presence with your expertise in social media management, offering zero investment business solutions for boosting brand visibility in India.
8. Virtual Assistant
Provide remote administrative support to businesses and entrepreneurs, establishing your 0 investment business in India as a reliable virtual assistant.
9. Content Writing
Offer zero investment business solutions to websites and blogs in India by providing high-quality content writing services tailored to their needs.
10. Digital Marketing Services
Specialize in SEO, pay-per-click advertising, or social media marketing to offer business ideas with zero investment for clients looking to expand their online reach in India.
11. Handmade Crafts
Showcase your creativity by crafting and selling handmade jewelry, candles, and more, building a zero investment business around your passion in India.
12. Event Planning
Put your organizational skills to work by starting an 0 investment business in event planning, creating memorable experiences for clients throughout India.
13. Blogging
Monetize your blog in India by implementing zero investment business strategies such as affiliate marketing, sponsored posts, and digital product sales.
14. Online Surveys and Market Research
Participate in online surveys and market research studies to earn money or rewards in India with zero investment.
15. Ebook Publishing
Publish and sell ebooks on platforms like Amazon Kindle Direct Publishing, a zero investment business with the potential for passive income in India.
16. Podcast Hosting
Launch your own podcast in India on topics you’re passionate about and monetize through sponsorships and listener support, a creative 0 investment business.
17. Cooking or Baking Classes
Share your culinary expertise with online cooking or baking classes, turning your passion into a zero investment business in India.
18. Dropshipping
Dive into the world of 0 investment business by setting up an online store in India and partnering with suppliers to fulfill orders.
19. Photography
If you have photography skills, offer portrait sessions, event photography, or sell your photos online.
20. Online Fitness Coaching
Become a certified fitness coach and provide personalized fitness plans and guidance online. Help clients achieve their health and wellness goals from the comfort of their homes, offering a convenient and effective way to stay fit.
21. Consulting
Share your expertise in a specific field, such as business, finance, or career, by offering consulting services.
22. Pet Sitting or Dog Walking
Start a pet care service, offering pet sitting and dog walking to pet owners in your local area. Provide convenience and peace of mind to busy pet parents while enjoying quality time with furry companions.
23. Home-based Catering
Launch a small-scale catering business from your home, specializing in unique cuisine or catering to specific dietary preferences. Offer customized menus for special occasions, bringing delectable flavors to events.
24. Freelance Illustration or Design
Utilize your artistic talents as a freelance illustrator or graphic designer. Worked on creative projects, from designing logos and graphics to illustrating children’s books, while collaborating with clients worldwide.
25. Online Reselling
Turn clutter into cash by reselling second-hand or vintage items online. Use platforms like eBay or Olx to reach a broader audience, recycling pre-loved items and making a profit.
These ideas cover a wide range of skills and interests, offering diverse opportunities for aspiring entrepreneurs to explore in India without the need for significant initial investments.
How to Start a Business Without Investment?
Starting a zero-investment business in India requires planning and dedication. Here are the essential steps to get you started:
- Identify Your Niche : Choose a business idea that aligns with your skills, interests, and target audience.
- Create a Business Plan : Outline your business goals, strategies, and marketing plans.
- Build an Online Presence : Create a website or use social media to establish your brand and reach potential customers.
- Market Your Business : Utilize free or low-cost marketing methods like social media, content marketing, and email marketing.
- Provide Exceptional Service : Deliver high-quality products or services to build a positive reputation and customer loyalty.
- Scale Your Business : As your business grows, reinvest profits to expand and offer more value to your customers.
Benefits of Zero Investment Business
Zero investment businesses offer several advantages:
- Low Financial Risk : You can start without a significant financial commitment, reducing the risk of financial loss.
- Flexibility : These businesses often allow you to set your schedule and work from home.
- Skill Enhancement : You can develop and sharpen valuable skills in marketing, communication, and entrepreneurship.
- Income Diversification : You can diversify your income sources, reducing reliance on a single job.
- Scalability : Some zero investment business ideas can be scaled up over time as your revenue grows.
Start Your Zero Investment Business with BlinkStore
Blinkstore is a pioneering ecommerce platform in India that simplifies the process of starting a zero investment business. Whether you want to try your hand at print-on-demand or sell custom-designed products, Blinkstore offers an easy-to-use platform for aspiring entrepreneurs. Here’s what sets Blinkstore apart:
- User-Friendly Interface : You don’t need technical expertise to set up your personalized web store on Blinkstore .
- Wide Product Range : You can bring your unique designs to life on over 50 different products, from T-shirts to phone cases.
- Inventory Management : Blinkstore handles everything, from printing your designs to delivering products directly to your customers’ doorsteps.
- Comprehensive Guide : For those new to print-on-demand, Blinkstore provides a detailed guide on “ How to Start a Print-on-Demand Business With Blinkstore. “
With Blinkstore , creativity meets convenience, making it the ultimate choice for aspiring online sellers in India.
Steps to Start Your Zero Investment Business with Blinkstore
- Sign Up : Visit the Blinkstore website and sign up for an account.
- Design Your Products : Create or upload your unique designs for the products you want to sell.
- Set Your Prices : Determine the pricing for your products, keeping in mind your profit margins.
- Publish Your Store : Once you’re satisfied with your store’s appearance and product listings, publish it.
- Promote Your Products : Use social media, online marketing, and networking to promote your products and attract customers.
- Monitor and Adjust : Keep an eye on your sales and customer feedback, and make adjustments as needed to improve your business
If you are looking for ways to promote your business online, don’t worry – we’ve got you covered. You can refer to our blog titled ‘ Best Ways to Promote Your Business Online in 2024 ‘ to learn more about effectively marketing your business and products online.
In conclusion, the landscape of zero investment business ideas in India for 2024 offers a wealth of opportunities for individuals from all walks of life. The essence of these businesses lies in their ability to empower aspiring entrepreneurs with limited financial resources. Whether you’re tech-savvy, creative, or passionate about a particular field, there’s a niche waiting for you to explore.
The key to success in the world of zero investment businesses lies in your ability to match your skills and interests with the right idea. It’s not just about making money; it’s about pursuing your passion and creating value for others in the process.
Moreover, platforms like Blinkstore exemplify the accessibility and convenience of starting your zero investment business. With Blinkstore, you can bring your creative visions to life and reach a broad audience without the need for extensive capital or technical expertise.
So, as you contemplate which zero investment business idea resonates with you the most, remember that your journey as an entrepreneur is a reflection of your skills, interests, and unwavering determination to succeed. In 2024, seize the opportunity to turn your entrepreneurial dreams into a reality and embark on a path that offers both financial rewards and personal fulfillment. Your journey begins now!
What exactly is a zero investment business?
A zero investment business, also known as a zero capital or 0 investment business, refers to a business venture that can be started and operated without a significant initial financial investment. These businesses often rely on creativity, skills, and strategic planning rather than requiring substantial upfront capital.
Are zero investment businesses profitable?
Yes, many zero investment businesses can be highly profitable. However, success depends on factors like your dedication, marketing efforts, and the quality of the products or services you offer. It’s essential to choose a business idea that aligns with your skills and interests to maximize your chances of profitability.
Can I start a zero investment business part-time?
Absolutely! Many zero investment businesses can be launched and managed on a part-time basis, making them ideal for individuals with other commitments such as full-time jobs or studies. As your business grows, you can consider transitioning to full-time entrepreneurship if desired.
How can I promote my zero investment business?
Promoting your zero investment business can be done through various channels, including social media marketing, content marketing, email marketing, networking, and word-of-mouth referrals. It’s essential to create a solid marketing plan tailored to your specific business and target audience.
Are these business ideas suitable for beginners?
Yes, the zero-investment business ideas presented in this blog are suitable for beginners. They are designed to be accessible and offer a low-risk entry into entrepreneurship. Starting with a business idea that aligns with your interests and skills can make the learning curve more manageable.
How can I choose the best zero investment business idea for me?
Selecting the right zero-investment business idea for you involves considering your skills, interests, and market demand. It’s essential to research each idea thoroughly, evaluate your own strengths, and identify which idea aligns best with your goals and resources.
Is technical expertise required to use Blinkstore?
No, you do not need advanced technical skills to use Blinkstore. The platform is designed to be user-friendly, with an intuitive interface that simplifies the process of setting up your online store and designing products. Even if you lack technical expertise, you can easily navigate and use Blinkstore to bring your creative ideas to life.
What types of products can I sell on Blinkstore?
Blinkstore offers a diverse range of over 50 different products that you can customize with your designs. These products include apparel (T-shirts, hoodies, etc.), accessories (phone cases, tote bags, etc.), home decor items, and more. This variety allows you to cater to a wide audience and expand your product offerings as your business grows.
Is Blinkstore suitable for both individuals and businesses?
Yes, Blinkstore caters to a wide range of users, including individuals looking to start their own online businesses and established businesses seeking to expand their product offerings. It provides a flexible platform for both newcomers and experienced entrepreneurs.
What marketing strategies can I use to promote my zero investment business in India?
Promoting your zero investment business in India can be done through various marketing strategies, including social media marketing, content marketing, email marketing, search engine optimization (SEO), and influencer partnerships. The choice of marketing channels should align with your target audience and business niche.
What types of designs can I use on Blinkstore products?
Blinkstore allows you to use a wide range of designs, including your original artwork, illustrations, graphics, photographs, and text-based designs. You have the creative freedom to bring your unique ideas to life on their products.
Can I scale a zero investment business?
Yes, many zero investment businesses can be scaled up over time as you gain more customers and generate revenue. Reinvesting profits and expanding your offerings are common strategies for growth.
50 Businesses You Can Start With INR 1 Lakh Or Less
Shubham Kumar
According to a survey by Randstad Workmonitor in 2017, 83% of the Indian workforce would like to try entrepreneurship. While there are many who want to start a full time business, there are others who plan to start some part-time business to earn extra income. However, starting a business has many hurdles associated with it, and the major hurdle is the lack of capital. As a matter of fact, there are many businesses which can be started without investing a huge amount of capital. Here is a list of the best business ideas you can start by investing INR 1 lakh or less.
You may also like: 62 Business Ideas with Low Investment and High returns
Businesses You Can Start with INR 1,00,000 or Less
Cab Fleet Home Automation Services T-Shirt Printing Investment Business Stationery Store Startup Canteens Custom Gifts Professional Cameras on Rent Xerox and Printing Juice Shop Food Corner Game Parlour Used Car Dealership Driving School Beauty Salon Affiliate Marketing Blogging Writing Services Homework Help Services and Tutoring Web Designing Business Graphic Designer Interior Designer Home Decorator Fashion Designer Starting an Online Store Bookstore Fashion Store Babysitting Craft Store Bakery Online Advertising Dancing and Music School Sell Handmade Products Consulting Business Real Estate Agency Travel Agent Web Maintenance Service Event Management Business Amazon Seller YouTuber Podcasting E-Book Writing Laundry Shop Tailoring Home Cleaning or Corporate Cleaning Services Home Maintenance and Repair Services Catering Business Grocery Shop Mobile Repair Shop Paper Bag, Cloth Bag, or Jute Bag Making
You can buy a used car or a couple of bikes under INR 1 lakh, register them with Ola , Uber, Rapido, and other on-demand cab services. You then need to hire some people to drive the cab for you. Even after the necessary deductions like paying the driver's salary along with the maintenance expenditures, you'll still end up with a good profit.
Home Automation Services
Speech recognition devices like Amazon Alexa and Google Home have become common in today's households. With some knowledge of electronics and coding, you can help people pair their home appliances with speech recognition devices. This would allow them to control the appliances by giving commands to the speech device. One needs to purchase electronic equipment and hire a few talented guys to take care of the programming and configuration aspect.
T-Shirt Printing
There's a constant need for custom designed uniform with logos and pictures. As a result, T-Shirt Printing is a lucrative business one can pursue. You can help customers by printing their required designs and logos on T-shirts. For that, you'll have to invest in a good T-shirt printing machine . There are many affordable machines in the market, some starting from as low as INR 50,000 . If it sounds expensive, one may rent the machine from someone on a monthly basis or longer and once the business turns profitable, the venture owner could buy his or her own machine. With the constant emergence and growth of social media influencers, this business is in high demand at the moment. And there's no dearth of offline opportunities as well. Many T-Shirt startups are already excelling in this industry.
Investment Business
If you have knowledge about trading and investing, you can provide the service of handling people's money and generating profits for them through the share market. But to take off with this idea, one needs to demonstrate the knack for making successful predictions and trades in the market because people believe only when they see. Moreover, it requires immense trust to hand over one's hard earned money to someone else. So start by investing money for relatives and friends, turn them into success stories, and then aim for the big fish! You can start your own investment company in the future with this business idea.
Also read: Best Fintech Startups in India
Stationery Store Startup
You can open a stationery store and cater to new startups and offices since they require a lot of stationery related items like pen, paper, markers, etc. Offer them the best quality stationery products at reasonable prices. You can also partner with schools and coaching centers to establish your presence. Subsequently, students will come only to you for stationery needs. Connectivity with your main store means shortage of supplies can be taken care of immediately. You will need to build an effective transport network for connectivity between the main warehouse/store and your franchises to meet urgent delivery request. A home delivery facility will attract more customers. This business idea can be easily launched with INR 1 lakh and be scaled as a formidable startup if implemented with the best practices.
Canteens are no less than a necessity in public places such as parks. Even hospitals and office spaces are known for the crowd they bring. You can lease a space in such locations and start a canteen there. Start with limited options like tea, coffee, and biscuits. If there's a growth in your customer base, you can then increase the options offered. Once the entire business is in motion with windfall profits, you can then think of expanding the canteen chain.
Custom Gifts
According to Asianage, the gifting industry in India is expected to reach $84 billion by the year 2024. The industry is worth north of $65 million at present. The millennials have contributed significantly to the rise in gifting culture. Starting a personalized gifting business can prove to be a profitable business. All you need is creativity and innovation which are reflected in awe-inspiring photo frames, custom coffee mugs, etc. Test your initiative on your acquaintances and see what they think of custom gifting as a customer. You can also distribute samples embellished with your information for promotion and publicity. Closing a deal with corporate offices, especially during the festive season, is also a good idea for marketing.
Also read: Corporate Gifting Ideas for Diwali
Professional Cameras on Rent
Social Media platforms like Instagram and Facebook have ushered in a new era, one where everyone's crazy about selfies and videos. By the time you'd be done reading the previous sentence, hundreds of thousands of pictures must have been uploaded online. People are desperate for good quality images and videos. They need excellent cameras for that. You can buy a high-end camera that ranges between Rs. 50,000 to 80,000 and rent it to people on an hourly basis. If you can invest in a good quality drone with integrated camera and provide the instructions on its usage, nothing like it. You can easily command more than Rs. 1000 per hour as people are willing to pay astronomical amounts for those precious drone clicks!. If you are interested, you can also start doing professional photography.
Xerox and Printing
Although everything's online now, requirements like photocopying and scanning will never fade. You can buy a xerox machine and start a business near a coaching center, college, or offices. It is a highly scalable business idea if done right.
Also read: How to make money online
With the millennial (and everyone in general) moving towards a healthier lifestyle, juice shops are the place to go after that intensive workout. Be it fruit juice or protein shake, juice shops are a favorite for many. Starting a juice shop business near a jogging park, fitness center, or in a commercially bustling area offers a good chance to make money. If you cannot find any such place, you can always start with a movable setup like using your car and parking it near a jogger's area every morning. All you need to start this business is a good juicer, fruits, and necessary permission for your venture. All of the inventories can be bought for less than 50,000 rupees. You can use the other INR 50,000 from your INR 1,00,000 investment to market your shop. You may have to seek police consent and those of the concerned authorities. Target residential societies, if possible. As more and more people throng to your shop, you'll get an idea and insight into their preferences and thereby come up with even better offerings. It is one of the most promising business ideas you can start with INR 1,00,000.
Food Corner
Some eat to live while others live to eat. All in all, a Food Corner has all the ingredients of a profitable business . Aim for affordable meals so that people from all walks of life have something to consume at your joint. Since we're talking about businesses under INR 1,00,000, start with a stall type of setup. Talk to the southern meals and MOMO vendors you find on the roads to understand how they work. This is the one of the best businesses you can start with INR 1,00,000 or even less as food will never go out of trend.
Also read: How to market a restaurant
Game Parlour
The gaming industry is witnessing a boom. The current value of the gaming industry in India is $850 million and it is growing at a rate of 14.3% every year. If you think people in your locality are into mobile or PC gaming, you can buy a few high-end mobile phones and PCs and set up a game parlor . Many people want to play high performance mobile games but don't have compatible phones. There's tremendous opportunity in mobile lending. Apart from the money you make from the games, you can sell snacks in the parlor for some extra cash.
Used Car Dealership
There are many people who prefer to buy used cars in good condition. They buy a used car, drive it for a year or two, sell it, and buy another used car. You can start a used car dealership and find customers easily. All you need is a used car, have it repaired and find a buyer. If you can add some value to the car through modification, people will be ready to buy it for a higher price . Start your business by scouting for a used car that can be purchased and enhanced in 1 lac budget. Many people like to buy used cars and enhance it in a short period of time.
Driving School
Driving school continues to remain in the market. It is still a good business that mints money as the number of driving licenses issued every year grows exponentially. For a driving school, you need a good marketing plan as you cannot target specific people. You will have to use traditional channels of advertising like newspapers and pamphlets. Social media marketing can also assist in acquiring customers.
Beauty Salon
For someone who is interested in doing hairstyles, makeup or grooming people, starting a salon can be a nice business. A shop in a good locality is needed, besides many also start it at home. Much heavy investment is not needed, and also one can earn good amount of profit in this business
The above mentioned are some of the best business ideas that can be started by investing around INR 1,00,000. But if you feel that 1 lakh is not what you can invest right now, there are still other businesses you to start that requires very less investment. Let's have a look at some such business ideas
Also Read : 10 Small Business Ideas that You can Start from Home
Best Businesses to Start with Less Investment
Affiliate marketing.
Affiliate marketing is an easy to start yet profitable business that you can start, without any major investment. What you have to do is to simply promote other business's products and services online and earn commission. You don't even need to have your own website to start affiliate marketing. Just choose the products you would like to promote and register yourself as an affiliate of the company whose products you would like to promote. Once authorized to become an affiliate, you receive affiliate links for various products the company is selling. You can now paste these links on your website or promote them through your social media accounts, YouTube channel, in online groups or communities, or through email, and start earning commission whenever someone clicks on your link to visit the company's website and makes any purchase.
If you love writing, blogging is an interesting and profitable business that you can start with minimal investment. All you need to spend is on a domain and a good hosting plan. So just with an investment of INR 5000-6000 you are all set for a blogging business. Blogging lets you make money in many ways. You can sign up with Google AdSense to show ads on your website, do affiliate marketing, write sponsored posts, sell e-books and much more through blogging.
Writing Services
Another good service for those who have amazing writing skills is starting a business providing writing services. Writing service providers create various content for the clients ranging from resume writing, article writing, short story writing, copy writing, technical writing, editing and much more. You can start by offering a limited services, and once scaled up, you can hire people and broaden the spectrum of your services.
Homework Help Services and Tutoring
There are many students who would pay to get some help for their homework. You can start online homework and assignment consultation services. Students can call you to seek help regarding their assignments and you can charge them on an hourly or per assignment basis. You can target hostels and colleges for this business. This is an awesome business idea if you are excellent in studies and requires very little money to begin with. The only investment will be in the form of internet and your device. Tutoring is also a good way to make some money with almost no investment.
Web Designing Business
If you have relevant knowledge, you can start designing websites for various businesses. In today's digital world, every business big or small needs a digital presence to grow. By starting a web designing business, you can tap into this trend.
Graphic Designer
Are you a graphic designing expert? Well this can indeed be a great business option. Graphic designing has a huge scope. From creating logo's for companies, to designing brochures and marketing materials, making graphical content for social media to designing packages, there is lot you can offer to your clients and earn a good amount of money.
Also Read : How to Become an Expert Graphic Designer
Interior Designer
Interior designing is another great business option. With required skills and preferably the required certifications, you can easily start an interior designing business. Start by designing interior for your family, friends and acquaintances, and build a good portfolio that you can show attract clients. If your work is good enough, this business will surely take you places.
Home Decorator
Being a home decorator is a good business for those who loves to decorate beautiful homes. A home decorator is one who decorates the interiors with beautiful furniture, accessories etc. While you need certification to become an interior designer, no certification is needed for being an interior decorator. All you need to be an interior decorator is creativity.
Fashion Designer
If you have a knack for fashion designing, fashion designing business is something you can start without much investment. Find a niche segment and decide for whom you want to design clothes. Start by offering a few products, and promote your business to your acquaintances well as through social media. Also it is good to have your own website where you can showcase your design.
Starting an Online Store
Starting an online store is yet another good business idea. Just choose the products you want to deal in and decide whether you would like to go for drop-shipping or stocking the products you want to sell. As regards creating the e-commerce site, there are many platforms like Zepo, Shopify, and FreKart that will help you in this regard.
Starting a book shop is an affordable and nice business. One can opt to sell used books also, as they can be procured at a low cost. While there are many these days who prefer to order books online, and others who read e-books, there is still that category of readers who like to hold a book in the hands and read it, rather than reading it on a screen. So if you can rent a space near educational institutes or in a popular market area, your bookstore will surely earn profit. Coffee shop bookstore is also a cool place that people like to visit. So if you have enough space and required skills, you can also start a coffee shop alongside your bookstore to attract more customers.
Fashion Store
If you love to look stylish and fashionable and has a god fashion sense, you may consider opening a fashion store. To start with find a niche for yourself and start dealing in your niche. For example you can begin with a kids fashion store, and expand later to other niche as well, with increase in budget. You can also consider establishing your online presence and sell your clothes online.
Babysitting
Babysitting is also a business that requires very less investment. If there is space, you can start this business at your home itself. You just need to invest in some good toys, books, etc. to keep the kids busy. Also healthy food should be made available.
Craft Store
Opening a craft store is a viable business option. You can either create your own piece of art for selling in the shop or procure art and craft items in bulk and sell the same at retail rates. Craft items have a good profit margin when bought in bulk.
If baking is your passion, a bakery is a good business you can start. To keep the investments on the lower side you can opt to start a home bakery or a cloud kitchen. In home bakery and cloud kitchens, you just need to cook and deliver the food items, without any hassle of making sitting arrangements. Thus your rent is saved.
Online Advertising
Online advertising is what many businesses opt for these days, as online advertising is a great way to reach a wide audience. As such starting your own online advertising business is surely a profitable option. As an online advertising company you can provide services such as website designing, SEO services, PPC advertising, Social media marketing, content marketing and e-mail marketing.
Dancing and Music School
If you are a trained singer or dancer, music and dance classes can be a good business you can start. When started in a very small scale at home, you do not require any registration or licensing. Once you feel confident enough, you can scale up your business.
Sell Handmade Products
Handmade products are in demand these days. So you can make and sell handmade soaps, incense sticks, candles, etc. to make profit. The Government of India offers affordable training courses where you can learn to make these goods. You can sell them online, and as you scale up you can tie up with spas, salons, hotels, etc. for selling the products.
Other than this, you can also consider selling home made jams, pickles, chocolates, etc. Homemade stuff can be also be sold through sites like Etsy.com.
Consulting Business
Consulting services can be offered in various fields such as accounting, auditing, insurance, career, taxes, business and more. You just need to spot your area of expertise and start your consultancy accordingly. Try to get initial customers from your acquaintances and give them the best services so that you can benefit from word of mouth publicity.
Real Estate Agency
If you have interest and knowledge about real estate, you can become a real estate agent. You can choose from dealing in residential properties, commercial properties, or plot investments to start with. Get the required licensing, gather the required information and knowledge about the property you are dealing in, and promote yourself well so that you can reach out to your target customers.
Travel Agent
With the boom in the travel and tourism industry in India, starting a travel agency is a great business idea. You can choose to deal in anything: air ticket booking, hotel booking, selling travel packages, or all of them.
Web Maintenance Service
With every business going online, there is a rising need for web maintenance services. Website maintenance is required to keep a website error-free, up-to-date user friendly, and safe. In current times, web maintenance service can be a profitable business to start.
Event Management Business
Do you feel that you have what it takes to organize an event successfully? If yes, an event management company is something you should start. With the boom in the event management segment in India and worldwide, event management surely is the right place to be in. To start with, you can mange events for family and friends to get the exposure, and also do some thorough research on managing successful events. Being a first timer, you may find it overwhelming to provide all the event management related services. So you may start by offering one or two services like visitor management services, flower decorations, press and publicity services, etc. to big event management companies. Once you are confident enough, you can take the plunge to start your own full-fledged event management company.
Amazon Seller
Becoming an Amazon seller is a lucrative and profitable initiative. Currently there are over 5 lakh sellers registered with Amazon India. The best part about being a seller with Amazon is that you can reach out to a wide customer base not only within Indian but globally; Amazon takes care of everything from delivering the products to the customers to transferring money to your account.
Not just money, YouTube can actually turn you into a celebrity. If you choose to be a YouTuber, you can make money through various streams. You can earn money by becoming a YouTube partner, by selling your merchandise through your YouTube Channel, or by creating sponsored content. There are options where your fans can pay you directly. If you are a viral content creator, you can even make money by letting media houses use your content and get paid in return.
Looking at its popularity, podcasting can be a good business too. There are many ways in which a podcaster makes money. There are businesses who sponsor podcasts and that means a good source of revenue. Podcasters also earn from donations and crowdfunding by selling their own products and services, or through affiliate marketing.
Also Read : Everything you Need to Know About Podcasting
E-Book Writing
With all the craze around e-books, being an e-book writer can also prove to a profitable business. Before diving into writing an e-book, you need to find your area of expertise and interest, and write something which will create value for your readers. Once written, it's important to extensively promote your e-book to the relevant audience to generate more sales. You can sell your e-book through your own website, on Amazon's Kindle Direct Publishing (KDP) platform, or through other publishers.
Also Read : All You Should Know about E-books
Laundry Shop
Services that make the household chores easy are gaining popularity fast. Laundry service is one such life saver for the millennials. A well-managed laundry business is something you can start and earn profit from. You would need a staff to take care of washing, ironing, etc. Regarding marketing, targeting young people, working professionals, and tying up with co-living space providers can help significantly.
Tailoring is one of those businesses which can be started with low investment. Depending on your budget and skills, you can start tailoring at a small level from your home with a sewing machine and once budget and experience permits, you can launch a boutique. Upon expansion, you may buy a pico machine, interlock machine, embroidery machine, etc. and diversify your specialities in tailoring.
Home Cleaning or Corporate Cleaning Services
Cleaning is an essential service that individuals, organizations, and others cannot live without. With the uptick in the number of corporate offices, co-working spaces, co-living areas, and serviced apartments, the demand for home cleaning and corporate cleaning facilities has surged. Hence, starting a business in this domain is certainly a good idea.
Home Maintenance and Repair Services
There is lot to do when it comes to home repair and maintenance. From electrical work to painting, plumbing, carpentry or roofing, many chores needs to be taken care of. Considering the huge demand, a home maintenance and repairing business can surely turn out to be a profitable one if executed right.
Catering Business
If cooking and feeding people makes you happy, then the catering business is for you. All you need to invest in is cooking utensils, ingredients that will be required for cooking, and some helpers. Once your setup is in place, you can start taking orders and supply food for parties, functions, and other events.
Grocery Shop
A grocery shop does not require much investment. The most important factor you need to keep in mind is that the shop should be in a good location. Try to provide the variety of goods that people demand, be open to home delivery facility, and watch as you gain loyal customers.
Mobile Repair Shop
As reported by market research firm techARC, India had 502.2 million smartphone users in 2019, and the number is ever increasing. Given the scenario, a mobile repair shop can undoubtedly be a profitable business you may consider. Besides repairing, you can also sell accessories and provide mobile recharge facilities in your shop.
Paper Bag, Cloth Bag, or Jute Bag Making
With the buzz around the danger of using plastic, manufacturing cloth bags, jute bags, and paper bags is an eco-friendly way of making money. With proper marketing and the fabrication of reliable bags, you will end up with a pretty solid business.
These business ideas might seem small as they only need an investment of INR 1 lakh or less. But the sky's the limit when it comes to profits. Once you establish your foot with these initiatives, you can easily scale your business to the next level. Focus on marketing and correctly executing your business model. You may not see overnight results, so hold your horses and be patient. Are you aware of some other business ideas that can be started with a low monetary investment? Do comment.
Must have tools for startups - Recommended by StartupTalky
- Convert Visitors into Leads- SeizeLead
- Manage your business smoothly- Google Workspace
- International Money transfer- XE Money Transfer
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30 New Small Business Ideas in India in 2024 with Low Investment
Last Updated on 04/01/2024 by Pardeep Garg
Do you believe that a profitable business idea must be backed with a big investment?
If yes, then I hate to break it to you that you can start a business in India with less than INR 5k or even zero investment . You can also end up making massive revenues from such small-scale business ideas. It is quite evident that the current generation is all about startup ideas. Plenty of start-ups like Flipkart, Ola, OYO, Uber, Zomato, etc. have commenced their journey in this decade and made it big in the Indian markets. These big names are all over the Internet and in every household with access to the internet. The 21 st century is surely very fast-paced and you need to make sure that you catch up.
So, currently, there is a significantly high amount of opportunity for entrepreneurs to leave a mark with new business ideas in India. When it comes to startup ideas in India, starting properly is extremely important for securing a position and receiving continued growth. Like we mentioned, to start a business, you do not necessarily need to accumulate a load of investment, you could always start from as much as you have and build upon it.
If you don’t know how to do that, then this article will answer your questions.
Keep reading to find out about the best business ideas to make money based on their low investment requirements. This list includes plenty of online business ideas in India along with offline ones, home business ideas, and more (includes business ideas for Women or housewives too):
In the article
1. Content Writing
- Investment: INR 0 if you work as a Freelancer but if you involve a team of writers then you’ll be responsible for their salaries, workplace needs, and related requirements.
- Earning: INR 10,000 to INR 60,000/month
This is probably one of the best business ideas to make money online. Huge companies like Infosys, TCS, and Wipro to mid-level media startups to bloggers and websites, and more, everybody everywhere needs content. In the upcoming years, content creation and distribution are going to be in even greater demand than today. If you have a team of video creators, editors, podcast recorders, writers, photographers, and other kinds of content creators, then you stand a chance of making it big in the content industry .
Here, the investment is pretty small but the earning is significantly huge. The only investment you need to make here is your time, skill, laptop or a desktop, and internet access.
Top Content Writers in India: Mukti Masih, Priyanka Desai, Samarpita Mukherjee Sharma
Increase in Content Production:
Content Production has significantly increased in 2021 owing to the COVID-19. People have spent much more time indoors and on the internet. Hence, the content consumption has increased massively.
General rates charged by content writers (per word):
Image Source: ClearVoice
2. Coaching Classes
- Investment: INR 10k onwards (for renting a place) if you work alone
- Earning: INR 20k per month to several lakhs
You might have noticed that education is one of the most profitable small business ideas available right now or you might haven’t. Every exam needs proper guidance in today’s competitive environment and everybody wants to give their best shot at it:
Hence, the popularity of traditional coaching centres. But the last decade has seen an incredible rise in demand for online educational resources too, bringing more and more opportunities in the market. Besides, here, the investment is not so high. You could teach online which would cost you nothing and the entire fees will form your revenue. There are several companies like Unacademy, SimpliLearn, Topper, etc. which give you the platform to teach online and get paid for it. You could join such brands or even start your own.
YOU MAY LIKE TO READ: Best Banks For Saving Account In India
3. app development.
- Investment: INR 0 if you work alone.
If you start a small business with other fellow app developers, then you’ll have to pay their salaries, bear the cost of a website if you provide your services through the website, etc.
- Earning: INR 25k to INR 3 lakhs/month
It is evident that almost every website must have an app version to promote and expand their business:
Clearly, there is a lot of opportunity and scope to grow in this field. If you already are learning app development then you have a lucrative future ahead.
Don’t worry if you don’t already possess this skill:
It’s easy to master and several courses that teach the same are available online. Once you have learned it, apply your knowledge by becoming a freelancer or applying for jobs to people who are looking for app developers.
Else, you could form a small business with some other app developers too. This is yet another one of the small profitable business ideas that can be executed from home and require zero investment.
Need for Developers:
The graph given below shows you which type of developer is needed the most in the current era.
4. Professional Photography
- Investment: INR 0 if you work from home and alone.
If you start an agency, then you’ll be responsible for the salaries of other photographers in your team.
You might need an office space and bear its rent if you and your team don’t prefer working from home. You could also start a website for your photography services, where people will be able to place orders, etc. So, the website cost will be added.
- Earning: INR 390 per hour
In the previous decade, the Indian buying capacity has exponentially increased.
So, this has enabled people to buy costly stuff like equipment required in fields like photography. If you have a passion for photography, then why not start earning as a professional photographer? You have the option of choosing a niche in photography and approaching it professionally. One of the most profitable niches is wedding photography because, in our country, marriages are pretty expensive.
Social media has given a completely new turn to the popularity of photography. Most clients hiring photographers for events now are known to hire separate photographers for traditional and candid photography. Also, nowadays, people want a photographer for every event, be it birthday celebrations, shoots, pre-wedding shoots, engagement parties, and so on. Hence, you can make a decent living out of this startup idea. Your investment would include your skill, time, and the required equipment.
Graph Depicting Average Earnings of Wedding Photographers (as per location):
Niche: While pursuing photography as a profession, you need to decide upon your niche first. Figure out if you want to explore marriage photography, wild life photography or something else. Truth to be told, marriage photography is a great career option for all the budding photographers.
The reason being that they can earn anywhere between INR 30,000 to INR 1,50,000 per day for every marriage event. Imagine that!
Top Marriage Photographers in the Market:
Albummed charges INR 1,50,000 per day
Photo Paparazzo charges INR 1,25,000 per day
Happyframes charges INR 1,30,000 per day
How to Start?
These days, social media is the best way to get gigs in any field. So, post your clicks on social media platforms and try to get a good following. This is the best way to get clients. Soon your photos will start getting shared and features by other influencers and bloggers.
Else, you could reach out to potential clients along with some samples of your work.
5. Translation Services
- Investment: INR 0 if you work alone from home.
You could start a small translation agency business with a team.
Then you’ll be responsible for the salaries of the workers and other related expenses.
- Earning: INR 3 to 4 lakhs/year
We all have heard those dubbed videos, haven’t we?
Well, you need a translator to translate video content, text, subtitles, etc. from one language to another. So, if you are good in two or more languages, then this is your chance to grow big.
You too could start a translation business with a team of writers, translators, editors, etc. Every movie or show needs subtitles in various languages. Subtitling and translating industries are big in the current era.So, this is one of the best options to go for. You could even work as a freelancer or create a business group. The amount paid in this line is pretty good. Besides, there are several perks to enjoy in this field:
Flexible work hours, varied and interesting work, excellent opportunities, independent working, and more .
You only need to invest your time in this and hence, it is one of the best small business ideas.
Global Market for Translation Service Providers:
The graph given below shows the linear growth in the global translation market. Given that it has an estimated growth up to $57 billion by 2022, you should surely give it a shot.
6. Digital Marketing
Image Source: emarketer.com
When you involve a team and open a website for your services, then you’ll need to bear the related cost of the same.
- Earning: INR 8 lakhs/year
Another great way to make money online is through digital marketing:
The world is constantly shifting towards changing norms and ways. Traditional marketing has become quite backdated. With the consistent advancement and shift towards digitalization, people are spending a lot of time online. And that is where digital marketing comes into play.
If you have some experience in building backlinks, improving the Search Engine Results for a web page, and have other digital marketing skills: Then, it is a great time for you to make money online through this skill. This domain includes several other fields too and you can start indulging in the same even from scratch. Digital Marketing has been witnessing great growth recently and that is why it has grabbed a spot in our top 10 small business ideas.
Need for Digital Marketers: Over the years, digital marketing has changed massively. Back in 2010, the world of internet was much smaller than what it is today. Earlier, we only had a couple of websites but now the world-wide-web has millions of websites in addition to several social media platforms.
Today, the social media is far more complicated and consists of several algorithms. Moreover, the search engine algorithms are ever evolving. Hence, every organization needs a digital marketer to boost their reach and get maximum leads.
Besides, internet is becoming more affordable by the day and everybody in the current date has access to the internet. So, digital content consumption has surged massively. Also, all the big-moneyed sectors are experimenting with YouTube, Instagram, and Facebook to connect with customers and generate leads. Trust me, this is the future!
Top Players in the Market: Deepak Kanakaraju, Harsh Agarwal, Jitendra Vaswani
Last 10 Years Growth:
The total revenue generated via digital advertising in the FY 2020 in India amounts to a whopping INR 199 billion. This year, India has been ranked as the 3rd largest advertising market in the world with its total ad revenue surpassing INR 700 billion mark.
The following graph shows a clear pattern that suggests that by the FY 2024, digital marketing will surpass both ad printing industry and TV ad revenues as well. Hence, this is a highly profitable business idea that you shouldn’t overlook.
Image Source: Statista
7. Product Manufacturing Ideas
- Investment: INR 20k to 30k
- Earning: INR 60,000 /month onwards
Many people believe the myth that if you wish to manufacture a product then you need to invest a lot of money into it.
There are several small scale product manufacturing ideas that will bring you tons of money. Some of the same include candles, pickles, agarbatti, shoelaces, ice cream, cotton buds, etc. Let me explain further:
- A candle is something that is always in demand in India and during festivals, these demands skyrocket. This is what makes it a very lucrative business idea.
Investment needed: INR 20k to INR 30k
- Agarbattis or incense sticks is something that is used daily in every Indian household for Puja. Besides, incense sticks export opportunities have also significantly grown.
Investment needed: INR 50,000
- Every garment industry needs buttons and hence there is huge scope and market if you indulge in the manufacturing of buttons .
Investment: INR 30,000 to INR 40,000
- Did you know that India ranks second next to China, not just in population but also in footwear production?
As you know, sports shoes need laces and the demand for the same in India is high. Hence, this idea has become a lucrative business start-up in our country.
Investment needed: INR 25,000
8. Consultant
- Investment: INR 0 if you work from home. If you involve a team and rent an office space, then you’ll have to bear the salaries of the employees and other related office costs.
- Earning: INR 50k/month (approx.)
If you are good at something and can help others achieve a goal, then never do that for free.
For example, you are great at managing a business, then you can start a business consultancy. If you are a social media influencer, then you can start teaching people how to achieve this height.
A fitness coach would start a fitness consultancy, a life coach could start a counselling service, and the list goes on. Consultancy services are rapidly gaining momentum at a fast pace now and you might want to grab the opportunity. This too is one of the best home-based business ideas.
Successful Consultants in India: Sandip Mitra, Ranjan Kumar Baral, Ravikumar Krishnan
The given graph shows the steady increase in the revenue generated by the consultancy market.
9. Graphic Designing
- Investment: INR 0 if you work alone. You could involve a team and start a website to offer graphic designing services. Then, you’ll have to invest some amount for the website building and also the salaries of the people working with you.
- Earning: INR 20,000 /month (initially)
If you have learned graphic design or want to learn this skill, then congratulations! You can build a business out of this and it is one of the best business ideas of 2020-21.
Graphic design is incredibly easy to learn and master. Once, you have gained some experience in this then you can make an income out of it by designing and selling your creations.
Don’t worry because the online industry is always looking for graphic designers :
India is continuously moving towards digitalization. Several new websites are created every other day and they need graphic designers to design the images and pictographs of their websites. There is plenty of demand for brochure makers, poster makers, images, and a lot more graphic content. So, it must be clear by now that the industry needs graphic designers like you badly.
Growth in the Demand for Graphics Designer From 2010 to 2020:
Back in 2010, computers were not quite as powerful as they are today. Technology has changed the graphic industry drastically. The quality has changed, designing has improvised, and UX has arrived.
Moreover, graphic design is a major part of social media marketing. And that has increased the need for graphic designers massively. The graph given below portrays the income trends of graphic designers with at least 3 years of experience.
10. eCommerce Reselling
- Investment: INR 1000 onwards
- Earning: INR 25,000 (initially)
You can start your own business even if you do not produce or manufacture your own products. You can purchase and resell goods on eCommerce websites like eBay and Amazon. A lot of people do that and it works fine as one of the new business ideas.
eCommerce reselling refers to buying products in bulk from wholesalers, distributors, manufacturers, or from online platforms and then selling these products to customers with a profit margin. This is a great entrepreneur idea and you don’t have to worry reselling is absolutely legal.
There are several perks associated with this idea:
You don’t have to own an inventory, you can launch your business in just 30 minutes (you can resell a product on the same day you buy it), the financial risk associated is lower, low time commitment, etc. When you become an eCommerce reseller, you can virtually sell anything:
Be it clothing, electronics, stationery, furniture, cars, and whatnot.
Projected Rise in eCommerce Reselling / Recommerce:
Recommerce is becoming a prominent player in the retail industry and is expected to get doubled in the upcoming years. Given below is proof of the same.
Image Source: The Shelf
11. Blogging
- Investment : INR 0 if you work alone. You could start a small business with a group of bloggers. Then, you’ll be responsible for the salaries of the people working under you.
- Earning: INR 20,000 (initially)
If you have a skill and have some expertise in it, then you could probably share it with others through Blogging. Hundreds of platforms will help your blog.
For instance, you could make videos on a subject you are good at and YouTube would be the best platform for this. If you are good at taking pictures then Instagram should be your take. Every skill has a unique platform available. Here is a list of platforms where you can expand your small business ideas:
- Facebook for writers and video makers
- Youtube for video makers
- Instagram for photographers
- Podcasts for those who have good oratory skills.
The point to be noted is that you can make plenty of money from blogging and have the opportunity to create content from your own interests and aspects of your life. Major investment in this type of business is a laptop or a desktop and an internet connection. Some bloggers even make millions per month .
Top Bloggers in India:
Amit Agrawal: He is one of the biggest bloggers we have in India and his monthly revenue is around USD 60,000.
Harsh Agrawal: Another big player in the blogging industry who earns over USD 45,055 per month.
Shradha Sharma: Her blog is called YourStory that is a popular platform to find entrepreneurship stories and the best business ideas. She makes around USD 30,000 per month via blogging.
Current Income Statistics of Bloggers:
12. Start an Etsy Shop
- Investment: INR 0 to 5K depends on your choice
- Earning: Varies as per the product
If you are a creative person and love making things like art, handicrafts, templates, greeting cards, or any other thing: Then, you must open an Etsy shop right now!
You just need to open an Etsy account, click photos of your product and list them on your profile. Connect your bank account with it and you will receive the payments for your items directly there.
This is a good way to create an online presence and expand on it. It will give you recognition and a good income source. This could be thought of as a part-time business idea and you could expand it later to full-time. Several artists have taken this path and are making a decent monthly income through the same.
13. T-Shirt Printing Business
- Investment: INR 40,000
- Earning: INR 245 per piece or more (depends on the price you set)
These days a lot of people chase customized products:
They want customized t-shirts, bracelets, caps, hoodies, bags , and whatnot. The craze is so hyped that people even want customized bed-sheets! So, why not start a business of manufacturing customized products.
You can set up this business online where people could choose or give you a design and you would then manufacture and print these on-demand t-shirts. The machinery will cost you around INR 10k to INR 15k and if you start with suppose 200 t-shirts costing INR 50 each:
So, you can start the business with just INR 40k or even less. If you sell these t-shirts for INR 300 each, then you’ll make INR 60k which means your profit will be INR 20k for the starting batch itself. The price could be set a bit higher than usual t-shirts because customization calls for some extra charges. This business works well offline too and is one of the best new business ideas of 2022.
Projected Growth in the T-shirt Printing Business:
Here is a graph showing the growth in the market size of t-shirt printing from 2016 to 2022:
Keep in mind that the global market for t-shirt printing business is expected to surpass the $10 billion mark by 2025. So, this trend is here to stay! Moreover, you could also export your custom printed t-shirts to other countries with the untapped market.
14. Catering Business
- Investment: INR 1k or more ( You can start from home)
- Earning: INR 1.2 lakhs per month
Not everybody has the time to cook delicious and nutritious meals amidst their busy schedule. Let’s admit that this is a fast-paced era and people don’t get much time for themselves. So much so that, many people can’t cook daily meals. Plenty of people are sick and old but on their own. These people are completely dependent on food delivery options. Hence, the increase in the number of businesses that provide food delivery and catering business.
Why not capitalize on this and start your own meals-to-go or catering service in your locality and city? You can start a home delivery and catering service right from your home . So, it also works as a great business idea to start from home. Believe me on this, such business does plenty well. In fact, this works as one of the best business ideas for women and men who want to work from home.
15. Web Development
Image Resouce: The balance
- Investment: INR 0 if you work alone. To maintain a team of web developers working under you, you’ll have to bear their salaries.
- Earning: INR 25k /month (initially)
If you are a web developer or a web designer, then don’t just sit with your skill:
Capitalize on it and charge money by building websites. Even if you don’t know how to create a website, you have plenty of sources to learn from. If you possess an interest in this field, then gain this skill from Udemy, Coursera, or several other legit courses available online.
You can become a freelance web developer. For that, you would need to build a profile on platforms like Fiverr, Upwork, etc. and take up orders from customers. You can also look for such jobs on job searching platforms like Linkedin, Internshala, Naukri.com, etc. After gaining some expertise, you can make around INR 50k per month through web development.
The best part is:
You can make money sitting at home by building and designing websites and it is a great way to do business without investment.
16. Editorial Services
- Investment: INR 0 if you work alone. A small business plan would involve some other fellow editors as well and you’ll have to bear their work-related expenses and salaries.
- Earning: INR 20k/month (initially)
This field has a massive scope and opportunity for expansion. You can provide several services that fall under the editorial sector right from the comfort of your home.
Hence, this falls in the list of small business ideas from home. Some of the same are listed below:
- Copyediting : You will be required to check write-ups for grammatical, typographical, and stylistic errors.
- Proofreading: A proofreader has to check if the copyediting changes are correct and correct any other remaining errors in the article. This is the last step of the editorial procedure.
An editor can provide several other services too such as ghostwriting, copywriter, website content writing, and magazine article writing.
Demand for Editors:
Earlier, we had much less number of bloggers than what we have today. With the increase in number of blogs, comes the demand for better quality. So, to ensure the same, almost every content writing agency needs editors.
17. Fitness Trainer
- Investment: INR 0. If you start a website to offer your services, then you’ll have to bear their salaries.
- Earning: INR 50k to INR 1.25 lakhs/month
The world has formed a habit of looking for all sorts of solutions online and so is the case with fitness training. A lot of people have health issues and need regular fitness coaching. Many don’t prefer stepping out of home and many can’t. So, it’s time for you to provide fitness lessons online !
Besides, amidst the COVID-19 induced lockdown, people haven’t been able to visit gyms and other such fitness centres and have been resorting to online fitness classes. If you are a gym trainer, a nutritionist, or a fitness coach, then you should try and provide your services both online and offline.
Online fitness training will allow you to reach a greater audience and impact people better besides increasing your overall income figure. Many fitness trainers have already commenced with this business startup idea. What are you waiting for?
18. Dropshipping
- Investment: INR 0 to INR 10k (for renting a place)
Dropshipping involves third party suppliers who store and ship the products to customers on someone else’s behalf. This works great as a low investment business idea because:
All companies that sell products cannot always store them onsite. People who run such companies and e-Commerce sites approach people to fulfil the orders. This third party person is a sort of wholesale retailer who has a warehouse and runs shipping operations.
A very minimal inventory and tools are needed for this work and so, it forms a great business idea with small capital. A variation of dropshipping is eCommerce inventory management. Most of the e-commerce companies are going out of their warehouse and inventory management across various cities.
Hence, this gives rise to a new business idea with low investment known as warehouse or inventory management. Initially, you could start this business from a small town or city and then expand. If you already have some unused space in your home, then this is the perfect new start-up idea for you.
19. Voiceover Services
But, you could start a small business with a team. Then you’ll be responsible for the salaries of the employees and other work-related expenses.
- Earning: INR 40,000/month (Standard pay for each voiceover specialist)
Studies suggest that the voiceover industry is quickly growing. That figure is quite justified as the internet connects all parts of the world and you can’t expect everybody to understand many languages. Thousands of online content like podcasts, videos, texts, etc. need narration and voiceover. Several contents also need dubbing in a different language so that viewers all over the world can access the videos. If you have a good, audible voice and good speaking and narration skills, then this job is for you!
Consider this as one of the new business ideas which remained hidden from the majority of people. Give it a shot and carve out a spot in the voiceover industry because this might be a successful endeavour for you. Besides, the pay is really good.
20. Sell Handicrafts
- Investment: INR 1000 to INR 10,000 initially
- Earning: Depends on the price you set.
If you are good at making things, then you could start selling those and earn good money and recognition out of your talent.
Lately, a lot of people are utilizing this small scale business idea to grow to great heights and you can do the same. You can set up this business online as well. You could also bring this plan into action by partnering up with some handicraft artists, pot makers, candle makers, etc.
You need to know that plenty of sellers on Shopify started by selling home-made items. So, you have a good scope to flourish with this model on Etsy, Shopify, or you could even launch your own eCommerce store. This works as a great village business idea too and would help the rural areas grow and gain recognition.
21. Food Business Ideas
- Investment: INR 20,000 to INR 1 lakh
- Earning: INR 2.5 lakhs/month
There are lots of opportunities in this area and in fact, it is perfect for people who are looking for business ideas in India with low investment.
Papad is a thin, crispy, fried side dish that accompanies almost every Indian meal. The manufacturing procedure involves just wheat flour, spices, and oil. You can manufacture other condiments as well like pickles . This business can be started from your home itself and will be profitable because Indian meals usually are incomplete without pickles. You can also venture out to make ice-cream and chocolate which are quite sought after in the Indian food market.
This small scale business idea has the potential to grow big in the near future. Besides, this manufacturing business idea requires an investment of only INR 20,000 to INR 1 lakh.
22. Internet Advertising
- Investment: INR 0 if you work alone from home You only need high-speed internet. You could start a small business with a team. Then you’ll be responsible for the salaries of the employees and other related expenses.
- Earning: INR 30k/month
This too is a very promising business idea to opt for. The Internet is used all over the globe for advertising and you could start up your own advertising business.
All you need to accept advertisement requirements from the business and create and distribute them to popular blogs, websites based on the target audience and location. Such advertisings could also be done on Facebook, YouTube , and other such social media platforms. The advertisements could be text-based, image-based, or video-based. You will surely earn a huge deal in this business and rarely go out of work since there are so many brands willing to advertise on the internet.
23. Paper Manufacturing
- Investment: INR 1 lakh
- Earning: INR 60k to several lakhs/month
Needless to say, papers are needed everywhere. Schools, offices, colleges, corporates, every sector needs paper for day-to-day work. The world might turn into a digital one but there is always going to be a never-ending demand for paper.
Different requirements call for different sizes of paper. A4, A3, A2, small copies, envelopes, and many more needs of paper are in demand and there is a vast scope of expansion in the current industry. But, you should try to choose the manufacturing location wisely in order to not end up paying much transportation costs. Overall this is one of the best manufacturing business ideas that does not need an investment of more than INR 1 to 1.5 lakhs.
24. Sell Jute Bags
- Investment: INR 50k to INR 1 lakh
- Earning: INR 30 /bag
The world is shifting to using eco-friendly products. We know that environmental protection and awareness have increased considerably over the past decade:
So, there is a visible demand for eco-friendly products as a result of the same. People are shifting to a biodegradable version of bags, i.e. bags made of jute aka the golden fibre. Plastic is now banned and jute bags are a sustainable alternative. So, take advantage of the situation and build upon consumer demands. The manufacturing procedure is quite simple and these bags can be made in several designs as their purposes. Do consider this new startup idea and share it so that people increase the use of natural products.
25. Online Teaching
- Investment: INR 0 only internet and laptop cost Which is already present in your home
- Earning: INR 20k to INR 1 lakh/month
You will agree with me when I say that the COVID-19 pandemic has changed the shape and structure of the world. Well, not quite literally. But it surely has affected every sector and industry worldwide. Online Teaching is one of the best businesses to start in the pandemic. People who adapt to the changes are the ones who survive trying times. More or less every school and college has shifted to online education to ensure the safety of students and teachers.
So, if you are good in a niche such as teaching a subject, dance, fitness, health, etc. Then take your classes online. This way you will be able to reach a larger audience and earn more. Online teaching is one of the best business ideas to make money.
26.Vertical Farming
This is one of the successful future business ideas. Vertical farming is a practice of growing plants in vertically arranged layers. This practice does not always need soil, instead, it can also thrive with hydroponic or aeroponic growing methods. These farms also enable you to grow agricultural plants in challenging environments such as the places where the arable land is rare or not available. So, this is a very promising field for the modern age:
Here, you will take up an assignment to build a vertical garden in the office or home.
These days, there is an evident shortage of space for gardens and farms. Hence, vertical farming is an efficient technique that produces all the desired results. Besides, it is eco-friendly, does not require high levels of investment, and is one of the very unique business ideas. Everybody wants to beautify their decor by growing plants. Hence, many small and medium businesses go for vertical farming.kjbn
27. Video Editing
Image Source: Oberlo
- Investment: INR 0 if you work alone from home. You could start a small business with a team. Then you’ll be responsible for the salaries of the employees and other work-related expenses.
- Earning: INR 20k /month (Initially)
There is a massive consumption of online video content, movies, short films, video ads, TV shows, web series, and more. And so, there is obviously an increased need for people who can produce such content, edit them, and present them to the world.
Basically, video editing refers to the art of manipulation of video content in such a way that the end result is attractive, engaging, and user friendly. This is a very lucrative business idea. But first, you need to be good at editing and making videos. You can gain this skill online and use software such as Final Cut Pro, Adobe Premiere, etc. The pay in this field is really good and you should definitely try out this startup idea if you are good with video editing.
The graph given below gives you an insight into the video streaming market size. This will help you understand that the potential for growth is huge for a video editor.
28. Travel Planning
You could start a small travel planning business with a team. Then, you’ll be responsible for the salaries of the people involved and other work-related expenses.
You could also own a website through which you and your team would offer your services. So, you’ll be bearing the website cost as well.
- Earning: INR 2.5 lakhs/year (Initially)
This is a very lucrative business idea for the upcoming future. You need to plan travel trips for people when you are involved in a travel planning business. For that, you should to have proper knowledge of the hotels, bookings, and various routes. So that you’ll be able to plan a trip for your customers. You could also take up franchises of famous travel companies for quickly setting up your business. Travel planning start-ups would serve the best when done online:
These days, everybody looks up on Google to search for flights and hotels. People make use of online hotel searching engines like MakeMyTrip, Trivago, and so on to look for the cheapest travel budget option.
Hence, if you too could set up a dedicated team and open such a website which provides cheap travel options, then the audience will be huge. With the increase in demand for lucrative holiday plans and flexible business trip management services nowadays, such a business is sure to boom with time and would become bigger gradually.
Salary Insights of Travel Agencies:
29. Wedding Planner
- Investment: INR 0 if you work alone. But usually, such businesses work with a team. So, you’ll have to pay the salaries of the employees. You’ll also have to bear the cost of an office space. Else, you could choose to just operate via a website.
- Earning: INR 2 to 6 lakhs/month
Indian weddings are always grand. The wedding season in India provides a big opportunity for all the entrepreneurs who could help in taking care of various operational activities and wedding-related assignments.
Wedding planners do a lot from helping the bride and groom in choosing dresses to organize events and managing guests. People who are creative, are interested in parties, celebrations, and have management skills that can start a wedding planning business. You would require a group of 5 to 10 people who should be able to complete the assignment on time.
This creative small business idea will have you earning a lot if you succeed in it. You could also opt for a complete online existence and no concrete office in this type of business. The investment would not consist of anything but the earnings shall be grand.
30. Transcription Service
- Investment: INR 0 if you work alone from home. You could start a small agency business with a team. Then you’ll be responsible for the salaries of the workers and other work related expenses.
- Earning: INR 20k/month (Initially)
Another one out of the many online business ideas in India:
This work requires you to convert audio and video content into textual format. These services are required in several languages. Medical videos, ads, famous speeches, courtroom proceedings, etc. need transcription services. So, if you are not well versed in English but are fluent in any native language:
Then also you can give this a shot!
If you are someone who has a sharp ear and possesses the ability to write fast, then this is the job for you. The best part is that you can do this work from home and have a flexible schedule. You can also consider becoming a certified transcriptionist and charge more.
Demand for Transcriptionist:
The graph given below shows the massive increase in the projected market size for transcriptionists from 2016 to 2027. And it is justified by all means since every content creator wants a global reach these days. Hence, launching a startup that provides transcription services is one of the best small business ideas you’ll come across.
We hope to have answered all your small investment business related queries. This list of business ideas aims to provide you with the most profitable and the best startup ideas in India that need minimal to zero capital investment.
We have tried our best to compile most of the business ideas with low investment and high profit. You must have also found several small business ideas for women who want to revamp their careers. You could try opening a Fiverr, Upwork, or other such accounts for all the online freelancing ideas we have provided. Let us know which startup business idea from this small business ideas list is your favourite in the comments below.
Did we miss some company ideas with low investment? Let us know.
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12 thoughts on “ 30 new small business ideas in india in 2024 with low investment ”.
this article is very helpful for me because I want to start this business
this post is very helpful thank for sharing
Right ideas sir. today it is a trend to quit the job and run your business. your ideas are exact.
Thank you sir I get great ideas from your blog, I am very happy with your ideas, And I have benefited immensely… And sir you know that I have bookmarked your blog. Because I keep waiting for your updates ..
Product Manufacturing Ideas is the highlight with the investment amount as well. This certainly helps housewives to plan their investments and start their new career from home. Thank you for all the helpful and educative post.
Thanks for sharing
You have shared very good information among us. I wanted to know about this topic but i was not getting much real post about it on Internet but today through this post of yours, I have learned a lot from this website. Thank you so much for sharing this article with us.
I like how you wrote about 30 New Small Business Ideas in India: Low investment Startup ideas.
I take pleasure in, lead to I discovered exactly what I used to be taking a look for. You have ended my 4 day long hunt! God Bless you man. Have a great day. Bye
All are very interesting business ideas, thanks for sharing. Here, I would like to share with you this idea also, test if you are doing a tailoring business offline, start transforming it to online using Custom tailoring Software. Trust me, this will definitely work out.
Comments are closed.
The 30 Best Low Investment Business Ideas to Start In 2024 !
Quick Summary
- Low investment business ideas are opportunities that require minimal capital to start and can generate profits over time.
- Some examples of low investment businesses include dropshipping, affiliate marketing, freelance services, and online tutoring.
- These businesses often leverage existing platforms or resources, such as e-commerce marketplaces, social media, or freelancing websites, to minimize overhead costs.
- The best low investment business ideas are Bakery, Yoga Instructor, Tutoring, Cloud Kitchen, Graphic Designing, Website Designing, Dropshipping, and many more.
Table of Contents
Are you dreaming of being your own boss? Do you want to turn your hobbies into a source of income? You don’t need a lot of money to start low investment business ideas. In fact, students and aspiring entrepreneurs can use their skills and passions to create something successful with minimal financial investment. Starting a business doesn’t have to be overwhelming or expensive. With the right mindset and dedication, you can explore various opportunities that allow you to pursue your interests while earning money. By focusing on low investment business ideas, you can kickstart your entrepreneurial journey without the need for a large capital.
This blog post is designed to ignite your entrepreneurial spirit with a range of low investment business ideas that match your skills and interests! Whether you enjoy tutoring, managing social media, crafting handmade items, or creating online courses, there’s an ideal option for you. We will explore different avenues you can take to start your own venture while keeping costs low. Additionally, we will provide essential tips for launching your business to help ensure its success. With the right approach, you can transform your passions into profitable ventures and build a thriving business with ease.
What Are Low Investment Business Ideas?
Low investment or budget business ideas are businesses you can start with little money. They often use your skills, creativity, and technology instead of needing expensive equipment or big supplies. These ideas are great for students, recent graduates, or anyone who wants to try starting a business without spending a lot of money.
List of Low Investment Business Ideas
Here are the top 30 low investment business ideas that don’t require a massive investment:
Now, let’s explore 30 profitable low investment business ideas that you can start today in detail:
Food & Beverages Business Ideas
Cakes and other bakery items are always in great demand and are the most profitable business in India with low investment. Many small entrepreneurs sell cakes, pastries, and other baked goods from their homes and make good earnings with these business ideas with low investment.
Most of the items required to bake cakes and other baked products can be ordered fresh from the market. Therefore, there is no need to stock up on any raw materials.
2. Food Truck
Food trucks are trendy as people love to eat snacks, fast food, and pizzas. To start a food truck business, one can purchase an old truck. Fresh supplies of veggies, pizza bases, mayonnaise, etc., would be required to keep the orders rolling.
The funds required to execute this low investment business idea might be slightly above Rs. 1 lakh, but an intelligent entrepreneur might even be able to manage everything within this budget.
👉 Related: 41 Best Food Business Ideas in India
3. Selling Homemade Food Items
Homemade items are in high demand nowadays because people want to eat healthy food. Therefore, one can start selling homemade pickles, jams, chocolates, and snacks without investing a huge sum of money.
Entrepreneurs can sell homemade food items via social media groups and channels or even launch an app to receive online orders. Its initial investment is less than Rs. 1 Lakh and would be sufficient to start this low investment business ideas with high profit.
4. Cloud Kitchens
In India, homemakers have been successfully running the tiffin system in most cities. With time, they are losing the edge due to the food delivery companies like Zomato and Swiggy . Still, they can revive such businesses using social media connections and platforms.
Cloud kitchens are commercial kitchens that accept food orders via online portals and calls. Food delivery companies deliver the food prepared in these kitchens. With sharp business acumen, one can manage all these expenses within Rs. 1 lakh.
5. Food Delivery Business
Starting a food delivery business on a small scale is possible. Many caterers and restaurants require delivery partners who can deliver their orders. Investing in a second-hand vehicle can help one start a food delivery business with a minimum investment.
Purchasing a van would cost up to Rs. 1,00,000. If this low-cost business idea works, one can handle multiple consignments simultaneously.
6. Vegetable Business
The vegetable business is one of the high-profit business ideas that requires an initial investment of less than Rs 1 lakh. In today’s world where everyone is health conscious, they are looking for suppliers of fresh vegetables.
Looking at the demand of consumers for home delivery service, instead of opening a vegetable shop, you can start selling vegetables from door to door, which will be more profitable.
Education Business Ideas
7. Tutoring
Online classes have seen a boom since the pandemic and many students are seen taking online classes. Spoken English, essay writing, drawing, or any other online class can be a good business idea to earn passive income.
There is no need for huge investment to start this low investment business ideas. You can also take online tuition where you just need to invest in a good PC and Wi-Fi.
👉 Related: Easy Steps to Start an Online Tutoring Business
8. Sell Courses
Selling courses is one of the most profitable business ideas, as one can start it with minimum investment. You must have enough knowledge about a specific domain or anything that gets enough audience onboard.
For instance, a trading expert can create online courses for intraday or F&O trading. Homemakers who can cook well can create an online cooking course. They can set a price for subscribing to or downloading the course online.
9. Career Counselling
Someone with excellent academic credentials or an academician by profession can start an online career counseling business. Career counseling means guiding young students to choose the right career and playing a mentor to shape their careers.
No initial investment is required to start the innovative low investment business ideas. You can also take online career counseling and charge based on class level.
Health & Fitness Business Ideas
10. Yoga Instructor
Most people are passionate about health and fitness. Hence, a person having proper knowledge of yoga and meditation can start taking yoga classes.
The best thing about starting a yoga class is that it requires no initial investment. They can use the basement of a building, an open terrace, or a living room to provide yoga training. Therefore, there is no need to purchase or rent any space for this low investment business.
11. Fitness Classes
Starting a fitness class can be a lucrative low investment business idea with high profit as one doesn’t need to purchase a space to start this business. They can use a lawn, terrace, or even a playground for conducting regular fitness classes.
They can then reach out to more people interested in joining such classes through social media channels and fitness communities. The fitness classes can include Zumba dance sessions and many other physical activities to keep fit.
12. Dietitian
Nowadays people are health conscious and like to stay fit. That’s why the demand for dietitians increased. A nutritionist business can flourish even with low investment. You can suggest different diets based on people’s health conditions, dietary preferences, and fitness goals. Later, on you can expand your business by manufacturing dietary products, giving consultations, and arranging health clubs and seminars.
Designing & Apparel Business
13. Jewelry Business
The Jewelry rental business does not require a huge investment and can be easily managed under an investment of Rs 1 lakh.
You can keep a stock of artificial jewelry and sell or rent them as required. This is one of the excellent small investment business ideas that does not require huge investment. Along with artificial jewelry, you can also sell or rent draperies like sarees, sherwanis, coats and other apparel and accessories.
14. Fashion Designing
Fashion designing can be a business if a fashion designer thinks like an entrepreneur. The global apparel market is growing every day. Hence, there is a vast scope for fashion designers who can design kids’ wear, bridal wear, luxury wear, men’s wear, etc.
You can tie up with leading clothing brands and charge a reasonable fee per design. The initial investment will go into procuring the graphic design solutions needed to showcase the designed products.
👉 Also Read: Fashion Designing Course
15. Footwear Designing
There are many people who are only likely to invest in good shoes that not only give them comfort but also look good. Hence, if you have a passion for shoes, then you can start a shoe-designing business. Research your competitors understand the market and build your business strategy on it.
You can deal with a variety of customers or find a specific niche in kids’ shoes, women’s or men’s shoes, sports shoes, casual or formal shoes, etc. Alternatively, you can start a footwear business from scratch or buy an already existing franchise to run.
16. Clothing Business
The t-shirt printing business is a lucrative business idea for those who want to start a company with a budget of Rs. 1 lakh. Smaller printing machines that cost a few thousand are available in the market.
One can even start a clothing business online by designing clothes. Those who create their designs can contact a clothing manufacturer that accepts a minimum MOQ (Minimum Order Quantity) for startups. Or else, it is possible to purchase readymade clothes from the wholesale market, fix a label, and sell them at your price on an online site or mobile app.
17. Boutique
Anyone can start a boutique with minimum investment. People, especially women, love shopping from fashion boutiques instead of purchasing clothes online or in malls. It would be even better if an entrepreneur sold hand-designed clothes. Social media platforms can tap into the local demand that increases during festivals and the wedding season.
A small collection of dresses and apparel would come within Rs 1 lakh. If the entrepreneur does not have a commercial space, they can set up the boutique in their own house.
Media Business Ideas
18. graphic designer.
Graphic designers can start an online business by taking orders for social media posts, logo designs, and other designs required for marketing and other purposes.
If a person does not have the required graphic designing skills, then they need to make a small investment in professional designing courses or invest in hiring professional designers.
👉 Related: How to be a Successful Freelance Graphic Designer?
19. Digital Marketing Agency
Starting a digital marketing agency is one of the high-profit business ideas because it requires low investment. An entrepreneur can start this agency solo or with partners who have a fair knowledge of digital marketing, content creation, and graphic design.
The initial investment can be in software, marketing tools and other setups required to promote a business online. A small investment would go into purchasing licensed editing software, paid marketing tools, and a laptop.
20. Affiliate Marketing
Affiliate marketing is one of the low cost business ideas with high profit as one needs to promote products of popular brands on their website. However, those who don’t have a blog or website can also start affiliate marketing by signing up for an affiliate marketing program like the one offered by Amazon.
The affiliate marketer earns a commission each time a customer purchases through one of these links. An entrepreneur can create a website or blog that receives enough traffic daily.
21. Website Designing
Website designing can be one of the best low investment business ideas if you are dedicated to helping businesses provide the best website design. It is a profitable business as every organization has an online presence and needs a good web design to attract its customers.
Before starting a website design business make sure your company has a proper business objective, provide a unique design niche to attract customers, and set valuable rates for your services.
22. Photography / Videography Business
Nowadays people like to document their happiest moments which eventually increases the need for a good videographer. Along with taking assignments to parties and functions, you can also click product photos for the business.
The photography/videography business does not require much investment. All you need is a good budget camera and editing software to get started.
Low-budget Business Ideas
23. Real Estate Business
A real estate broker is a low investment business idea as the broker does not have to invest in anything except for his knowledge of the local residential and commercial properties.
Generally, brokers rely on their contacts, but new-age brokers also use social media and the Internet to locate earning opportunities. A broker license is necessary for managing this business smoothly, which aspiring brokers might need to spend some money on. Besides that, they do not need an initial investment to fund these low investment business ideas.
24. Ghostwriting
Another low-cost business idea with high profit is writing. Those who can write well can start ghostwriting. Clients and businesses pay more money to ghostwriters. No initial investment is necessary for these low investment business ideas if the person already has enough writing experience.
As you earn a good income from this business, you can also start a website and hire some writers who can work under you. These low investment business ideas can be very profitable in the long run.
After completing a beauty parlor and makeup course, you can start a beauty parlor/ salon in your locality. Men who have completed a professional hair-cutting course can also start a men’s salon. Even unisex salons are popular these days.
You will have to invest a small amount in arranging the equipment or can also take a helping hand, space is not necessary for the salon. Alternatively, you can also provide the service at the customer’s home or even in your home.
26. Start a Driving School
There always will be people who wish to get driving lessons from a professional. You can open a driving class and teach others how to drive and get paid for the same.
Driving classes can be expensive for most people. However, if one starts a driving school with minimum investment, they can only accept the requests of people who already have their vehicles. In this way, one can execute this low investment business idea without an initial investment.
27. Event Management Company
Event management companies typically manage major events, such as weddings, concerts, and other large events. However, an entrepreneur can start this as a low investment business by accepting orders for small parties or school and college functions.
You can expand their business and pump more money into it. An initial investment of a few thousand can help you know the market before investing more to manage bigger orders.
28. Reseller
In India, OLX and Quikr are famous for selling used products online. Some people also use social media platforms to sell their old furniture, vehicles, etc.
It could be a great online business if one finds a regular source for refurbished items and used products. This low investment business idea does not need any initial investment. However, as the business grows, the seller can invest to develop a website to sell these products easily.
👉 Related: How to Start an Online Reseller Business
29. Digital Publishing
Online publishing or publishing is gaining popularity today as most writers are moving towards self-publishing. If you are a book enthusiast then a small investment business of book publishing can be a lucrative business for you.
Initially, you will need to invest in marketing and website building and also work on branding your company. You can start with marketing eBooks , which do not require any printing cost, and later expand to paperback printing.
30. Drop-shipping
Drop-shipping is a successful low cost business idea with high profit potential. It is a retail business that can operate as an online business and does not require inventory. Hence, this is one of the best low investment business ideas for which you don’t need to stock products.
Drop-shipping business does not require much initial investment so you do not need to worry about purchasing or storing goods. You can sell products directly to customers ordering from multiple suppliers.
Also Read 📖:
Steps to start a small business.
Starting a small business can be both exciting and rewarding. Many people dream of running their own venture, enjoying the freedom and independence that comes with being their own boss. However, concerns about high startup costs can often hold them back. Fortunately, there are plenty of low investment business ideas that anyone can explore. These ideas allow you to utilize your skills and passions without needing a large amount of capital. Whether you’re a student or someone looking for a side hustle, you can find ways to turn your interests into profitable ventures. By focusing on low investment business ideas, you can embark on your entrepreneurial journey while minimizing financial risks and maximizing potential rewards.
Here’s a simple guide to help you get started follow these steps:
1. Find Your Business Idea:
- Think about what you enjoy and what problems people need solving.
- Research to see if there’s a market for your idea.
2. Make a Plan:
- Write a business plan outlining your goals, target market, and how you’ll make money.
- Include details about your budget, marketing, and sales strategies.
3. Choose a Business Name:
- Pick a name that’s short, memorable, and reflects what your business does. If you need help, use this business name generator .
- Check if the name is available as a domain and trademark.
4. Register Your Business:
- Register your business name with the appropriate government authorities.
- Decide on the type of business structure (like sole proprietorship, partnership, or LLC).
5. Handle Legal Requirements:
- Obtain necessary licenses and permits based on your business type and location.
- Make sure to follow local, state, and federal regulations.
6. Open a Business Bank Account:
- Set up a separate bank account for your business finances.
- This helps keep your personal and business finances separate.
7. Set Up Your Finances:
- Create a budget and plan for managing your money.
- Keep track of income, expenses, and profits.
8. Develop Your Product or Service:
- Work on creating or refining your product or service.
- Focus on quality and meeting the needs of your customers.
9. Find Your Location:
- Choose a location based on your business needs, such as an office, shop, or online platform.
10. Build Your Brand:
- Create a logo and marketing materials. If you need help, use this logo maker .
- Set up a website and social media profiles to reach your audience.
11. Market Your Business:
- Promote your business through online ads, social media, and local events.
- Use strategies to attract and retain customers.
12. Launch Your Business:
- Open your doors, start selling, and provide excellent customer service.
- Keep track of what works and be ready to make improvements.
Starting a low investment business involves careful planning and effort, but with the right approach, you can turn your idea into a successful venture.
Benefits of Low Budget Businesses
There are numerous advantages to starting a business with minimal investment:
- Low Startup Cost: This is a clear advantage, allowing you to begin your entrepreneurial journey without a significant financial burden.
- Easy Entry: With lower upfront costs, there’s less risk involved, making it easier to jumpstart your business compared to business requiring heavy investment.
- Flexibility: A low investment business offers the freedom to experiment and adapt. You can test different approaches, refine your strategy, and scale your operations gradually as you gain traction.
- Builds Experience: Launching a business, even with minimal investment, is a valuable learning experience. You’ll develop essential skills in marketing, finance, customer service, and problem-solving.
- Networking Opportunities: Running a business opens doors to networking with other entrepreneurs, potential clients, and industry professionals. These connections can be invaluable for future growth.
- Potential for Growth: Don’t be fooled by the “low investment” label. With dedication and a strategic approach, even a small business can achieve significant growth and success over time.
- Personal Satisfaction: There’s immense satisfaction in building something from the ground up and seeing your hard work pay off. The sense of accomplishment and being your own boss is a unique reward of entrepreneurship.
Factors Affecting Expenses in Business
If you are considering low investment business ideas, it’s essential to understand the factors that make a business low investment. Generally, low investment businesses require minimal startup costs, which can include expenses like inventory, equipment, and overhead. These businesses often rely on skills or services rather than physical products, allowing you to start with little to no financial outlay. For example, service-based businesses, such as tutoring or freelance writing, typically require only a computer and internet connection. Additionally, low investment business ideas often allow for flexibility in terms of working hours and locations, making them ideal for students or anyone looking to earn extra income. Understanding these factors can help you choose the right business model for your needs.
Here are some factors that help you keep your business running with less investment.
- Your business expenses come down with no inventory to manage. You can stock the product and ship it which ultimately reduces your investment and other operational costs.
- Investing in technology improves your business efficiency which will ultimately reduce costs and increase productivity.
- You can also start a business that requires selling services like business consultancy, graphic & web designing, content writing, etc. As a product, the business needs stocking, manufacturing, shipping etc which adds up to the business expenditure.
- Focus on your business niche. Focusing your attention on a specific business not only reduces costs but also improves the quality of your service.
Do’s & Don’ts of Starting Low Investment Business
Here are some important do’s and don’ts for a small investment business. Following these tips will help you make smart choices and avoid mistakes. By sticking to these guidelines, you can increase your chances of success and build a good reputation in the investment field.
Tips for Success with Low Investment Business Ideas
- Start small and scale: Begin with a minimal viable product or service and expand as you gain experience and customers.
- Leverage free tools: Use free or low-cost tools for marketing, accounting, and project management to keep costs down.
- Continuously learn: Stay updated with industry trends and improve your skills to stay competitive.
- Provide excellent customer service: Word-of-mouth referrals can be crucial for growing your low investment business.
- Be patient and persistent: Success doesn’t happen overnight. Stay committed to your goals and keep improving.
Low Investment Business Ideas in Hindi
कम निवेश वाले व्यापार ऐसे होते हैं जिन्हें शुरू करने के लिए बहुत ज्यादा पूंजी की आवश्यकता नहीं होती। ये आपको कम लागत में व्यापार शुरू करने की अनुमति देते हैं और इसके साथ ही आपको जोखिम भी कम होता है। इस प्रकार के व्यवसायों में आप अपनी मौजूदा क्षमताओं और संसाधनों का उपयोग कर सकते हैं और धीरे-धीरे अपने व्यापार को बढ़ा सकते हैं। यह एक अच्छा तरीका है अपनी उद्यमिता यात्रा को शुरू करने के लिए, खासकर जब आपके पास सीमित बजट हो।
यदि आप कम निवेश से व्यापार शुरू करना चाहते हैं, तो यहाँ कुछ विचार हैं:
- फ्रीलांसिंग, जैसे लेखन या ग्राफिक डिज़ाइन; ऑनलाइन ट्यूटरिंग, जहां आप अपनी विशेषज्ञता साझा कर सकते हैं।
- ब्लॉग या यूट्यूब चैनल, जो आपको विज्ञापन से कमाई का मौका देते हैं।
- ड्रॉपशीपिंग, जहां आप बिना स्टॉक के ऑनलाइन बेच सकते हैं।
- हस्तशिल्प या कारीगरी, जैसे हाथ से बने उत्पाद बेचना।
- स्नैक या ड्रिंक स्टॉल, कस्टम प्रिंटिंग, या वर्चुअल असिस्टेंट सेवाएं भी शुरू कर सकते हैं।
इन विचारों के साथ, आप कम लागत में अपने व्यवसाय को सफलतापूर्वक शुरू कर सकते हैं।
Low investment business ideas present a great opportunity to start your entrepreneurial journey without facing significant financial risk. Whether you’re a student seeking to earn extra income or someone dreaming of being your own boss, these ideas can help you get started. With minimal costs involved, you can explore various options that align with your skills and interests. From freelance services to online selling, there are plenty of possibilities available. These low investment business ideas provide a solid foundation for building a successful venture while allowing you to learn and grow along the way. It’s a smart way to pursue your passions while managing financial risks.
Remember, the key to success with any low investment business ideas is passion, dedication, and a willingness to learn and adapt. Starting small allows you to focus on building your skills and understanding your market. Stay committed to your goals, and be open to feedback and new strategies. With determination, your side hustle today could grow into a thriving business tomorrow! Embrace the challenges and celebrate your achievements along the way. These low investment business ideas can be a great way to turn your interests into income while minimizing financial risks. Stay focused, work hard, and you might be surprised at what you can achieve!
If you are looking to make money online without any investment then Chegg provides you with a great opportunity to Become a Q&A Expert . You have to answer various questions related to the subject and get paid for each correct answer. This is a part-time job with no prior experience required that will allow you to work comfortably from your home with good pay.
In our Business Guide , discover unique business ideas , how to build a successful business from scratch, and learn effective business growth strategies.
Frequently Asked Questions
What businesses can prove to be great low investment business ideas.
Businesses related to food, cleaning products or services, t-shirt printing, graphic designing, content writing, etc., can be started with a minimum investment.
These low investment business ideas are profitable because beginners can expand their services easily once their business starts churning a profit. There are some profitable business ideas that can be started online. Such as freelancing business or online tuition classes.
What low investment business ideas are most profitable?
Tea vendors, painters, garages, driving schools, food trucks, etc., are India’s most profitable low investment business ideas. This is because these low investment business ideas don’t require a substantial upfront investment.
Some of these low investment business ideas can also be commenced without any investment. You can also start low cost business online which requires less money and will be more profitable.
What are the top 5 small businesses to start?
Here are the top five low investment business ideas that one can start in India: 1. Selling second-hand vehicles 2. Starting a makeup Parlor or salon 3. Selling vegetables or fruits 4. Daycare services 5. Online tutoring You can also start a freelance business, online publishing house, etc. Besides these, beginners can also try the low investment business ideas that are mentioned in this article.
How to start a business with Rs 50,000?
You can start small businesses like a home-based bakery, freelance services, or a small retail shop. Focus on low-cost setups and online platforms to manage expenses.
What is the cheapest business to start?
Some of the cheapest businesses to start include freelance work (writing, graphic design), tutoring, or reselling products online. They often require minimal investment and overhead.
Which business is 100% profitable?
No business is guaranteed to be 100% profitable, but service-based businesses like consulting or coaching often have low overhead and can be very profitable with the right skills and clients.
Which business is best in 1 lakh (Rs 100,000)?
With ₹1 lakh, you could start a small food joint, an online store, or a service-based business such as digital marketing or content creation. The best business depends on your skills and interests.
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20 Low Investment Business Ideas With High Profit
Sanjay Kumar Negi
Assoc Dir - Marketing @ Shiprocket
December 6, 2024
18 min read
Dropshipping
Courier company, online bakery, online fashion boutique, digital assets, lending library services, create an app, digital marketing, affiliate marketing, online tuition/coaching class, recruitment services, blogging/vlogging, a personal or virtual assistant, errand/concierge service, virtual bookkeeping and accounting, social media agency, printed products, handcrafted products, self-improvement coaching, 1) make a robust business plan, 2) conduct research, 3) validate your business idea, 4) write a business plan, 5) follow the proper legal procedures.
- 6) Know your finances
7) Protect your business
- 1) Ask friends and family
2) Networking
3) brainstorming business ideas, 4) focus on problem-solving, 5) build on your hobbies, 1) food and beverage.
- 2) Fashion Accessories and Clothing
3) Produce and Sell Organic Food
The final say.
Starting a business is a massive responsibility and can be overwhelming for a lot of entrepreneurs. However, not following the monotonous 9-5 office routine anymore and making all decisions yourself is one of the world’s best feelings.
Not everyone is able to turn their dream of running a business into a reality due to lack of funds. Now we have a solution for you.
Here are some practical ideas that we think can help you make high profits without burning a hole in your pocket.
Watch this video and get started:
Here is a list of low investment business ideas, that will yield good profits. You can now start your own business and turn your passion into a profession. Let’s have a look at some of the small investment businesses in India.
Most Profitable Low-Investment Business Ideas in India
If you have expertise in a niche, nail it. Remember, specialists get paid more. Turn your proficiency into a profitable business without investing a heavy amount initially.
Here is a list of the most lucrative business ideas to start with today in 2025:
Dropshipping is one of the best small profitable business ideas these days. It is a retail fulfillment method where you can open an online store without storing any inventory. Thus, you don’t need to invest a penny in inventory and can start a business with limited funds.
Whenever the store makes a sale, the product is purchased from a third party and shipped directly to the customer. Simply put, you make a sale, pass the order to the supplier, and he ships it to the customer on your behalf. Thereby, you don’t have to store or handle the inventory. It saves both your time and money.
Products can be curated from more than one supplier. However, it is suggested that you first order a sample product from suppliers to ensure their reliability and that the products’ quality fits the online store.
With the dropshipping model, you don’t need to focus on buying or storing inventory. You can concentrate entirely on the marketing of the online store and customer service. Notably, your store’s trustworthiness will depend on the quality you offer and the order fulfillment strategy you adopt. Hence, it is one of the top small investment businesses in India. You must keep a check on both to ensure business success.
It is a low-investment business idea through which you can also test the market and find out the best one before investing in your own products and launching them.
Being one of India’s fastest-growing markets, starting a business in the courier industry is yet another low-cost business idea with high profit. A recent shift in the eCommerce industry has inevitably helped the courier service business to grow at an incredible rate.
Instead of starting the business from scratch, which could be costly, consider taking a franchise from a well-established courier company. Many reputed courier companies are offering their franchise at a nominal price. Besides, you also get access to their technology-related infrastructure and training and development.
The online food business is one of the most popular small profitable businesses in India. And bakeries are quite popular as well. If baking is your cup of tea, you can consider starting a bakery and get paid by sharing homemade recipes. The best thing about this business idea with low investment is that you can start it from your kitchen itself. All you need is an oven and the necessary ingredients. Cakes are an integral part of all celebrations. But, you can consider selling other baked items as well, like different types of bread, muffins, cookies, pizza, etc. It is not just a unique business idea but a profitable one as well!
While companies like Ovenfresh took many years of hard work to reach where they are today, many business owners are able to raise numbers in just a few months by taking their businesses online. Just register the bakery on various online food delivery platforms to increase its reach.
With people becoming more fashion-conscious, the fashion and lifestyle industry in India is on a surge. India’s online fashion trade is expected to grow to USD 111.40 billion by the end of 2025 . Therefore, an online fashion boutique is one such small, profitable business idea that you can consider.
You don’t necessarily need to be a fashion designer but rather a fashion enthusiast to make money by selling your sense of style online!
One of the good low-investment business ideas, an online fashion boutique is very simple to open and can be started at home. You can curate the items from different vendors into your online store (using the dropshipping model), or design and produce in-house. Choose a niche and create a brand.
From dresses to accessories and footwear to jewelry, build your brand around single or multiple product niches. Notably, the quality of the products, customer service, and fulfillment strategies will play a significant role here.
In a service-based business, your time is your most valuable inventory. It is your most significant investment, as well. To get started with this business idea, you need to have a skill that is in demand, adding value to your customers’ lives.
Writing, blogging, web designing, photography, fitness training, and calligraphy are some specific skills around which you can start a business. You can register yourself with the various freelance marketplaces to increase your chances of getting discovered by the people who require your skills. Besides, your social media handles can help you the best in marketing and spreading the word around. It is indeed the best business to start.
You can think of selling digital products . They are the best low-investment business idea because you need to create a digital asset just once and then you can replicate it and sell its copies. In a nutshell, the cost of product production is zero. Also, you can use computers and online tools to create a digital product.
Are you a passionate reader who has collected many books but struggling with what to do with them all? Don’t worry, there’s a simple solution that does not involve selling your beloved books.
Consider starting an online store where you can lend them to other book lovers. By monetising your assets, you can continue to enjoy your collection while also making a profit from it. Starting a membership library with an annual subscription fee is a great way to give book readers the joy of reading without the financial burden of buying books.
By sharing your love of books and starting an online lending library, you will also contribute to a culture of sharing while earning some extra income. One can also initiate a book exchange option to purchase used books for your members.
Apps are mostly software written to be used on smartphones. There is a lucrative market for developers who can create functional and quality apps to meet customer requirements.
App developers can work from anywhere, provided they have a good internet connection and a Software Development Kit (SDK). Developing an app can cost from nothing to a huge amount of money, depending on the complexity and usage of the app.
It can be a simple game, a to-do list app, or something complex like WhatsApp or Instagram. There are free app development tools available that can help you build a simple app without requiring knowledge of programming languages.
With the internet becoming a source of information and a compelling medium of communication, there is a great potential to build solid client relationships and promote the services or products associated with a business.
Digital marketing has become a necessity for businesses, allowing them to reach their target audiences, acquire and retain customers, enhance engagement, and drive sales. However, it is a rapidly evolving field that requires constant upskilling. If you have experience in marketing, this is an area you can look into.
Affiliate marketing is a marketing model that involves promoting businesses’ products on your site or social media account, and in exchange, a percentage cut of the sales or commission is received.
Starting affiliate marketing requires very little investment and is a good business idea if you have a website with high traffic. If you do not have a website or blog, you can start affiliate marketing through the affiliate marketing programme offered by Amazon .
If you are interested in teaching, conducting online classes would be a great source of income. The classes can be for science, mathematics, spoken English, essay writing, and many more, depending on your expertise.
The increasing demand for online education has broadened the scope of online coaching services. It is a low-cost business idea, with the only investment being a good laptop or personal computer with a strong internet connection and your subject expertise. Various platforms, like Zoom or Skype, make it easy to provide online coaching remotely to students.
There is always a requirement for capable employees in any organisation. The Human Resources (HR) department ensures the recruitment of the right candidates for the organisation.
Recruitment services are one of the highest-paying businesses. They involve creating clear job descriptions, reviewing resumes or applications, considering past candidates, implementing employee referral programs, and shortlisting candidates for job appointments.
All this is possible from the comfort of your home while earning a great commission from the organisation. It would be best to tie up with reputable organisations to, in turn, build your reputation as a good recruitment services provider.
Blogging and vlogging (video blogging) can become great money-making solutions. It is an interesting business idea for performance artists to showcase their talent and gain more followers and recognition in the online world.
Certain vlog platforms pay you based on the number of views generated through your video, while others earn through advertising revenues generated through Google AdSense.
For bloggers and vloggers, the investment is a computer and a website to put their content on. Heavy investment in cameras and editing tools is also not required to shoot vlogs, although good shooting skills through a phone and editing skills will help.
People with good organisational skills are in high demand. There are many tasks that a personal or virtual assistant can handle without being onsite. It can be basic secretarial work or front-desk functions for different clients done from home. The tasks can be like keeping track of calendars, making flight arrangements, and doing office work.
Although one can order almost all services or products online, it is not easy for old and non-tech-savvy people to do so. Tasks like grocery shopping and doing small errands are time-consuming and tiring for the elderly.
Errand/concierge services that are specifically catered to the older generation for an hourly rate or by task would help them to a great extent. It is a revenue-generating and mentally rewarding job. You can also offer these services to working professionals with hectic schedules.
Bookkeeping helps businesses keep proper records for taxation and financial management. Virtual bookkeeping provides the flexibility to provide accounting services for a client remotely. It is increasingly in demand as it is an arrangement that benefits both business and bookkeeper in terms of cost and flexibility.
It only requires access to the secure network of the organisation and the accounting software to work on. One can also work with multiple clients, thus generating an added source of income.
In the digital age and cut-throat competition, almost all companies want to market their products digitally. They are willing to spend big budgets on advertising through various digital channels and paid social media posts and campaigns.
Running a social media agency can be a brilliant small business idea if you have a sound understanding of marketing, branding, communication, social media, and web presence management. You can start your business venture to help other companies establish a robust digital presence.
All that you require is a few computers, skilled professionals, and an office to start with.
Although this is a dropshipping model only, the main focus of printed products is offering customized products. This is your go-to option if you have an eye for graphics and aesthetics. You can either use your own designs or offer your customers an opportunity to create their designs. You can offer different print on demand products like t-shirts, phone cases, hoodies, hats, and much more.
The internet and the advent of technology have opened the doors for artisans to broaden their horizons by going from artists to professionals. Unlike retail stores that acquire their products from multiple sources, handcrafted businesses produce products in-house. Their primary focus is on providing a personal touch to the consumers that no other businesses can.
Whether you make candles, soaps, pottery, and even sauces, you are in a position to start a unique business. Here, product development and procurement are in your hands, quite literally.
For instance, candles are no longer used just during a power cut. Now, they are more of a home décor item and are widely used as gifts for different occasions as well. Consumers want to buy candles in various fragrances. They like to buy unique and customized products. Similar is the case with other items.
You can either start with a small batch or on a pre-order basis until you generate consistent sales.
Self-improvement courses are very much in demand these days. People have skills and ambitions, but they need guidance and direction on how they can achieve heights in their life.
Self-improvement coaching is a service-based model. You can teach your customers how they can prepare themselves to achieve their intended goals. You can also offer niche-specific courses and certifications.
How to Start a Small Business?
Here are some steps you must follow before putting the wheels in motion.
The first step in starting a small business is creating a business plan after understanding your potential market. Remember, a well-structured business plan should resonate with the needs and preferences of your target audience. Make sure you understand their pain points before getting started. This will help you get funding and form a successful partnership with reliable and experienced professionals.
Now, compare your existing business plan with your customers’ needs and preferences. This will help you determine whether your current business idea solves your potential customers’ problems and whether they are willing to pay for your product or services.
Validate your new business plan after finding niche markets you may not have known about and set goals that can elevate your business. This step also includes the subsequent steps to engage your audience.
Now, make a final draft outlining your short-term and long-term goals. This draft should include a statement or purpose, your mission and vision, product descriptions, market analysis, and competitor analysis to determine their strengths and weaknesses.
It is the most important part before you prepare to launch your new venture. It will help you make strategic and efficient decisions, communicate your ideas to stakeholders, organize important information about your business, and build the right team for your company.
It’s time to take your business to the next level by registering it with your state, picking the right licenses and permits, and getting a GST number . Following these steps, create an easy-to-remember and unique brand name.
6) Know your finances
To scale your business, you will need to secure funding. For this, you can get a small business loan, ask your relatives or friends to fund your business, grant a local or community finding, or encourage angel investors or venture capitalists to back your company.
Protecting your business with the right business insurance coverage is a must. This includes general liability insurance, business income insurance, data breach coverage, professional liability coverage, and commercial property insurance.
How to Come Up With Profitable Business Ideas?
Various ways can help you discover lucrative business ideas. Some of the most effective ways include:
1) Ask friends and family
As an entrepreneur, the first step in coming up with new business ideas is to explore one’s own network of family and friends. Asking them for suggestions on what kind of business you can start will be invaluable.
Increasing your network with professionals and young entrepreneurs will expose you to different perspectives and industries, which can help you develop a unique business idea.
Like many people, if you are stuck listening to so many business ideas and do not know which one to choose, keep a brainstorming board. It will be the place where you will write down your ideas whenever they come to mind. Then, revisit your notes with a fresh mind and evaluate each idea based on its feasibility, profitability, and alignment with your goals.
Consider problems in your everyday life and solve them. This will help you develop problem-solving skills by identifying the pain points and coming up with a solution.
Look at your interests, hobbies, and passions to come up with a business idea. You can swiftly build a business around something you are passionate about. For example, if you are a car enthusiast, you can start a classic car restoration or car accessories business.
Industry-Specific Low-Cost Small Business Ideas
Small manufacturing businesses have the potential to yield high profits. Let’s discuss some low-cost small business ideas specific to certain industries:
If you live in a metro city, the food and beverage industry can help you reap massive profits. One of the key factors contributing to the growth of this industry is obviously that food is a basic necessity for man to survive. Today, everyone wants to eat something that tastes good.
Hire a professional chef who can prepare and cook delicious food and knows how to present dishes.
According to the research, many new food outlets witness a consistent surge in demand if they collaborate with food delivery giants such as Zomato and Swiggy. However, focusing on social media and digital markets is also an important aspect of the success of such small-scale food startups.
2) Fashion Accessories and Clothing
Increasing literacy, urbanisation, and high income are the major factors driving the growth of the fashion accessories and clothing business. Today, many people have become conscious of changing fashion trends, which has led these businesses to fetch massive revenue.
As you analyse the consumer demand pattern, you will notice that many like to spend on lifestyle products and services despite any economic drop.
If you inherit the desired knowledge and experience in this field, you can become a sensational hit across global markets by partnering with eCommerce giants such as eBay , Amazon , Alibaba , Flipkart , etc.
The demand for organic food is rising, especially in tier 1 and tier 2 cities, as people are becoming more health-conscious and aware that organic produce is chemical-free and not harmful to the body. It can be a profitable startup if you can purchase the land or get it on rent in the nearest village to the city in which you want to sell.
You can start by renting agricultural equipment and producing fruits, vegetables, or grains. Then, you can apply for organic certification, and your product will be fully certified after 3 years under the NPOP (National Program for Organic Production).
Also, ensure the appearance of your packaging is eye-catching and sends the right message. Once you get hold of the market, you can start buying the basic equipment, build an organic food brand, and collaborate with grocery delivery companies such as Blinkit, Grofers, Zepto, etc.
India is the third-largest start-up center in the world with over 112,718 DPIIT-recognized startups, with a home to 110 unicorns, as of October 2023. The data shows the willingness of the people in India to start their own businesses. With their willingness to start something of their own, they look for small lucrative business ideas that can fetch them good profits. With these low investment and high-profit business ideas , you can also consider starting your own startup. All that requires is a solid idea and strategic execution. And if executed well, you can be the owner of one of the most successful small businesses in India.
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4 thoughts on “ 20 Low Investment Business Ideas With High Profit ”
Now a days in this covid situation investing and making profit is big task.. Along with my construction business i have started crypto currancy business with tron 3 months back.. getting atleast 25000 rupees monthly with the same 25000 investment.. we will guide you to do fhe business.. interested pls call us 9500199199
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25 Small Business Ideas in India that You Can Implement Today
Surabhi Guleria
- May 18, 2023
- 39 Min Read
‘Nothing worthwhile comes easy.’
– Theodore Roosevelt
In the past, starting and establishing one’s own small business was not easy. One incorrect decision would ruin all their time and investment. Today, thanks to various technological advancements, anyone can start a small business in India with low investments.
All they have to do is to learn and develop a few skills for performing different tasks to meet the business needs. Some businesses can operate from home, while some may have to lease or rent out or purchase a small area to set up an office.
But to be successful in the long run (even today), budding entrepreneurs need to take care of some critical factors before starting a small business in India . This blog will help you understand all these crucial aspects. We will also discuss 25 unique small business ideas in India for you to implement.
Crucial aspects to consider before starting a Small Business in India
1. business plan.
Business owners need to be passionate about their business as that is something they will be doing all day. They should take some time to lay out a rough business plan and list down all possible challenges.
There is a lot to plan and think through, but it’s alright if they don’t have all the answers for running a business at the initial stages.
They should make a mind map outlining the process of making an idea a reality. This exercise will help them create a formal business plan and prepare for any obstacles that might come during the process of setting up their small business.
They also need to think about their skill set, note what they’re good at and look for opportunities that complement those skills. In general, they can choose from the following business sectors:
- Service Business: includes selling expertise(skill) and time, such as professionals in marketing, IT, restaurants, transportation, food kiosks, salon, and spa, etc.
- Merchandising business: refers to retail, wholesale, trading, and wholesale buying and selling goods—for example, grocery and departmental stores , online sellers, retail outlets, and more.
- Manufacturing Business: covers raw materials, labor, and equipment to be used and then turned into a saleable product. For example, car manufacturers, gadgets, daily essentials, clothing, bags, etc.
Here are five essential elements that should be a part of your business plan –
2. Market Research
One of the important mistakes business owners make in starting a small business is setting unrealistic goals without understanding the market they will serve. They do not consider various essential factors such as global production costs, transport expenses, etc.
Before launching any new business, a business owner needs to conduct thorough market research and understand what their potential customers want and will pay for. While confidence is a powerful asset, preparation will significantly increase the chances of success.
It helps avoid common pitfalls that usually stem from misunderstanding the current market for their product or service, its price structure, positioning, and competitive dynamics.
Small business owners also need to do a complete market assessment covering all the variables that affect their business like price, service, location, hours, quality, target audience, and more.
3. Self Discipline and Flexibility
These are the two most important qualities for an aspiring business owner to have. Being the heart and brain of the small business means they will be held accountable for their business — be it good or bad.
As small business owners, they’ll have to make budgets, stick to their business plan, dedicate time to develop business, and meet the set goals for themselves and their business.
If there is a lack of self-discipline, this might be something to work on before they pursue their entrepreneurial dream. They have to be ready to put in the time and effort before starting their venture.
Once the business plan and ideas are firmly set, it can be hard to accept the need to make changes. While this is understandable as they have put so much time and effort into developing one idea, it’s equally important to be flexible to changes.
Flexibility is important throughout the process, right from conceptualizing the business plan to carrying it out fully. Any business is vulnerable to countless factors resulting in significant minor changes to the final idea or plan.
As challenging as this may be, being open to changes can mean the difference between success and failure in the world of business.
4. Funding and Budgeting
Depending on what type of business they are starting and the initial amount they will need to pay up for, it will determine what kind of capital is required to start the business.
Financial planning is one of the most critical factors to consider before starting a business . It includes the wealth that they can introduce from their savings or take a small business loan. They need to properly identify the sources through which they can get the funding for the business.
Furthermore, it is better to have a budget plan so that the business owners can properly manage the funds and are sufficient enough to support them through the initial phase of business.
A business owner can look into two types of funding for their small business: short-term and long-term loans. Also, there are certain things to keep in mind before taking the funds, such as the cost of borrowing, the repayment terms, the rate of interest, and the security required.
Get quotes from a few banks and private lenders, compare them to identify the most beneficial type of funding, and then decide. If fixed assets are needed to be purchased, then it would be ideal to go for long-term funds.
For working capital requirements, short-term funds would be sufficient. This way, once the business starts progressing, they can pay back to the lenders.
Related: Small Business Subsides That Can Help SMBs
5. Competitor Analysis
There is a famous expression “know thy enemy”. When it comes to business, it can only mean researching the competitors!
Business owners need to know what their competitors are doing and what their strategies are. With this knowledge, they will be able to make appropriate decisions for their businesses.
It will also help them in developing a much more effective strategy for the business. Unless they know who their competitors are and what their strategies are, they will not survive in the market for long.
If their business is a monopoly, then the competition will not matter; otherwise, they will have to develop a strategy to march past the competition. Gaining market share should be on top of their mind if they are about to start a business.
If there is high demand for their product, then it shouldn’t be difficult. Else, they might have to strengthen their service or the product to gain entry into the competitive market.
Small business owners should look into the following factors to know their competitors better –
- How they have positioned themselves
- Pricing structure and pricing strategies
- Marketing and sales tactics
- Strengths and weaknesses
Once the business owners have all the required information, it is about conveying their Unique Selling Point (USP) to their target prospects. If they can do this well, they can survive no matter how challenging the competition is.
Here is a simple template that you can use to do competitor analysis –
6. Getting help
Starting and developing a business is not an easy task; it involves a lot of time and consistent effort. It might take a few weeks, months, or even years to see an upswing in the business.
However, in this process, if business owners struggle at any stage in setting up their small business, some experts can provide support and assistance.
They need to make sure they have an advisor who can provide them with the best consultancy to help start-ups grow into businesses. Whether it is their fellow business mates, friends, or family, having people around them can boost their confidence.
Finally, it is all about implementing the best business practices, being disciplined, staying in control, and having the foresight to expand their business.
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Also Read: 15 Business Ideas in Tamilnadu in Hindi
25 Small Business Ideas in India
Here is a list of the best small business ideas in India that one can start with zero to low investment. These small scale ideas in India fall under the categories of home-based, online, part-time, service, trading, manufacturing, services, steady income, and more.
1. Content Writing
If you have to pick a single money-making small business idea in India from a list of top internet-based small businesses, then content writing will always be at the top of the list.
Writing content for blogs, social media, newsletters, etc., have the potential to be real money-spinners. It requires strong command over writing style and researching skills.
As a writer, one can very smoothly utilize these skills to earn a decent income.
It has been a profitable business not only in India but across the world. The end goal is to maximize the number of views or readers of the blog (or any other content piece) by creating interesting, engaging and plagiarism-free content. As plagiarised content can get penalised by the search engines, everyone must perform a plagiarism check before publishing it online..
The content writer gets paid for every word they write for their clients or at a fixed hourly rate. The best part about being a content writer is that one can start this business without investing a single penny.
It requires good writing skills and confidence to talk to clients – that’s all. With these skills, you can easily kick start your career as a content writer.
Initial Investment- None, if you already own a computer and internet connection.
Expected Monthly Revenue- ₹30,000 to ₹3,00,000
2. Dropshipping Business
In today’s era, most people like to shop online which makes dropshipping one of our most-favourite eCommerce business ideas . With the advent of e-commerce, several other related businesses came into existence. A really popular one is dropshipping.
Through dropshipping, you can start your own online store without ever holding any inventory. It is a low-risk business model in which one needs to sell the products of suppliers or manufacturers on their website under their brand.
You’ll never need to worry about shipping, storing, and packaging their products. You also don’t need to worry about the cost of manufacturing and shipping as everything will be taken care of by the manufacturer or the seller.
Starting a dropshipping business could be the first step (and an easy one) for anyone trying to become an entrepreneur. The best part – is they don’t even have to pay for product stock until it’s sold to a customer.
They can also set their product prices, market their own brand, and pocket the profits with ease.
One can start a dropshipping business part-time, as it is not a very time-hungry process. At the same time, it can also be started as a full-time business if they are hoping for a six-figure income per month consistently.
But like every other small business in India, you need to follow certain steps to reap the maximum benefits out of it. Here are they –
- Select a product category that you are really passionate about
- Do market research to understand the potential of this category
- Understand what your competitors are doing right and what they are doing wrongly
- Find a dropshipping supplier
- Market your dropshipping business and build a brand for yourself
Initial Investment- ₹20,000 – ₹25,000
Expected Monthly Revenue- ₹20,000 to ₹5,00,000
3. T-shirt Printing Business
The modern generation loves to wear new designs and colourful printed clothes. If one wants to start a small venture, then one can start a simple t-shirt printing business to cater to these audiences.
If you are starting this business, you need not invest in heavy-duty printers like Direct-To-Garment. These printers are very expensive and might not fit under most people’s budgets. Instead, just focus on designing the t-shirts.
There are various businesses that are already in the garment printing business that will do the printing for you. This will come out way cheaper if you promise them bulk orders.
Also, if you do not have good design skills, you might have to hire a freelancer who can create original designs for you.
Initial Investment- None if you already have a computer and an internet connection.
Expected Monthly Revenue- ₹10,000 to ₹1,00,000
4. Aquarium Business
Home aquariums have been around for a long time. They are considered to be a part of home décor. More than that, people have started treating fish with the same love and care as they would do to their dogs and cats.
The variety of aquatic life that can be housed in a home aquarium is wide. Due to this, the cost of fish can range from as little as the inexpensive goldfish to the super expensive Asian Arowana.
Now, as an aquarium business owner, it might not be possible to buy(or catch) all the rare fishes in this world to sell later.
But most of the regular fish are easily available. You can buy from one area and sell it in your own locality. And the best part – you can also sell add-on products such as filters, ornaments, and lighting.
Before starting an aquarium business, it is imperative to understand the demand for different fishes in your area. You do not want to go and buy hundreds of fish that people do not want at all.
You also have to understand how other aquariums are operating and making money. More importantly – How are they finding customers? This knowledge will help you tailor your business model for maximum profitability.
Another important thing is to obtain licenses and permissions, which are mandatory for operating an aquarium business.
Initial Investment- ₹2,00,000 – ₹5,00,000
Expected Monthly Revenue- ₹10,000 to ₹2,00,000
Also Read: Best Business Ideas in Kolkata in Hindi
5. Tiffin Service Business
In modern-day India, especially in the cities, there is a huge population of working professionals relocated from different parts of the country. All these people are super-busy and are short of time to cook healthy meals. This has led to a rise in demand for tiffin centres.
You can start tiffin service business from your home or from a small, rented kitchen. You can start providing monthly meals consisting mostly of simple items like roti, rice, dal, etc. Special items like Biriyani can be provided once or twice a week.
In India, the restaurant industry is worth INR 75,000 crores and is growing at an annual compound rate of 7%. And, leveraging this opportunity to start a small tiffin centre could help small business owners reap tremendous profits.
Initial Investment- None if you plan to cook from your own kitchen.
Expected Monthly Revenue- ₹20,000 to ₹2,00,000
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6. customized gifting services.
Exchanging gifts during events, parties, festivals, and special occasions is an integral part of Indian culture. Personalization is the talk of the town these days, and people want to do the same with their gifts too.
There is a huge demand for businesses that offer personalized gifting options. Think of a personalized coffee mug or a custom printed T-shirt.
Customized gifting service is a highly profitable business for Indians . People who love being creative can get into this business and can either work from home or rent a small space to operate from. The latter has the benefit of being the face of the business.
This is the kind of business that does not require heavy investment. The business model is far from being complex – all business owners need to do is get accessories that they can customize for customers. Hence, finding the right vendors is very important.
Initial Investment- ₹1,00,000 to 5,00,000 for the inventory depending on the volume planned
Expected Monthly Revenue- ₹2,00,000 to ₹10,00,000
7. Pet Care Services
The number of pet owners in India is growing. Especially since the dawn of the pandemic, people have resorted to getting pets to fight loneliness and boredom.
But what will they do with their beloved pets when they have to be away for a while? They can either trust a friend or relative with their pets or take the services of the pet care business.
If someone genuinely likes spending time and taking care of animals, they should consider opening a pet care business. Apart from taking care, the business can also offer products like shampoos, nail clippers, and brushes for pets.
Pet grooming is another service that one can add based on their pet services business capacity. Pet owners go to a great extent in ensuring their pets’ wellness. From pet spas to pet pedicures, pet grooming has grown into a full-fledged and sought-after service.
Compared to other businesses on this list, a pet grooming business does not require any investment. Marketing can be done just with a smartphone. Just click cute pictures and shoot videos of animals coming into the store and upload them on social media.
Initial Investment- None
Expected Monthly Revenue- ₹5,000 to ₹50,000
8. Auto Repair Business
For automobile enthusiasts, opening an auto repair business is a great way to combine passion and business. Given the rise in automobile ownership, this is certainly a profitable business to venture into and stands in our small business ideas in India’s list.
All things aside, it is not easy to start and run an auto repair business. There are lots of moving parts (and people), and it takes a lot of management skills to get things going right.
A few important factors to be considered before starting an auto repair business are a thought-through business plan, location, finances, employees, tools, inventory management, types of services, pricing, name of the business, marketing, company registration and license , and insurance.
A good business owner is one who has made all the necessary arrangements to tackle any type of difficulty.
Initial Investment- ₹20,000 – ₹20,00,000 depending on the size of your auto repair centre.
Expected Monthly Revenue- ₹2,00,000 to ₹10,00,000 depending on the number of vehicles serviced
9. SEO Business
SEO is an essential part of Digital Marketing as a practice. How else can businesses rank for relevant keywords on popular search engines?
SEO services will always be in demand as long as search engines exist. When they want to find something out, the first thing people do is pull out their phone and Google it.
Provided someone knows how to do SEO and has a computer, they won’t require any more investment other than time to start an SEO business. The business can be started from home as a freelancer. If revenues start increasing, then you can always establish it as an SEO Agency .
To start an SEO business, one should know how to optimize websites for search engines. This includes what keywords to use, where to place them and how to build links from other websites. A formal certification or at least a few years of work experience is suggested.
The business owner or the ones they hire to work should know how to identify keywords that are relevant for their clients.
There should also be talent in the business that can write content incorporating these keywords. Link building strategies, Google Analytics , and basic HTML are the other skills that are required.
Services should be priced depending on factors like the number of keywords for which SEO will be done, the number of SEO content to be produced, etc.
There are hundreds of start-ups popping up in India, and they know SEO is important for them to be known in the digital space – more than enough of a reason for someone to start an SEO business.
Initial Investment- None if you have a computer and an active internet connection
Expected Monthly Revenue- ₹30,000 to ₹10,00,000
10. Courier Services
The Indian courier service industry is estimated to be around ₹4000 crores, with an annual rise of 25% year on year. Currently, there are approximately about 2300 courier companies in India.
The main drive for this growth is the surge in e-commerce consumption – not just on a national level but also at a local level. Most of us buy something online at least once a month.
This is why a courier business can be profitable (assuming everything else goes right). It is a relatively low investment business .
A courier business can be started in two ways – either as an independent brand or as a franchise of an established courier company brand. Here are the different factors one should consider before starting courier service business –
- The size of the service area
- The kind of items that you will transport
- The number and kind of staff to be employed
- How many customer service reps, delivery agents, logistics helpers, accountants, etc. should be hired?
Other customer-centric decisions like a refund scheme should also be taken into consideration. Here is a summary of the things that need to be considered before starting a courier business.
- Develop a business plan.
- Get reliable vehicles.
- Organize a storage space.
- Purchase equipment and materials.
- Take out business insurance.
- Give the courier business a name.
- Get a logo.
- Consider the legal structure of the courier business.
- Licensing and registration
- Human resource requirements.
If business owners are planning to create a unique brand or want to patent the name of the business — they can apply for Trademark Registration and get their name registered.
And, if courier business deals with international shipments, then business owners need to have registered under Courier Imports and Exports (Clearance) Regulations, 1998.
Therefore, by taking note of all these steps and measures, it will be simple and convenient to start a courier business in India.
Initial Investment- 40,000 to ₹50,000 if starting from home
Expected Monthly Revenue- ₹20,000 minimum per month
11. Baking Business
Someone who loves baking could consider turning this hobby into a lucrative business. Set up an online store, and voila! You will be running a profitable baking business before you even realize it. It is certainly easy to kick start a home baking business in India.
But, it is not an easy market to crack. Like every business, the home baking business also needs to be handled like any other full-time business.
How can one start a baking business from home in India? Bakers need to consider starting off with a basic range of cupcakes and simple cakes. They should subsequently expand the range as their home baking business becomes more successful.
A home baker can make a wide range of cakes. Bakers don’t need to know how to do everything; some specialize in selling cakes from home or baking gluten-free cupcakes, while others focus on creating amazing wedding cakes. The idea is simple.
They need to identify their strengths and work towards them. Being different is the secret key to success, so offer something which helps the business stand out from the crowd.
There are a few more things bakers need to consider in order to make their baking business profitable. Apart from attending professional workshops and webinars, you need to prepare your business really well. Before starting the business, decide on what types of cakes you want to sell.
Then get the required FSSAI registration. Understand the types of equipment needed and other inventory needed for baking.
There are some free inventory management mobile apps that can help you with. You should also master stock management, marketing, and pricing structure.
Initial Investment- None if you plan to bake from your own kitchen.
12. Restaurant or Cafe Business
The National Restaurant Association of India reports that the Indian restaurant business is one of the fastest-growing markets in the country. It might reach up to INR 5.99 lakh crore by 2022-23.
Rapidly growing at a compounded annual growth rate of 9 per cent, the Food and Beverage (F&B) industry has shown immense growth and has also helped in creating business opportunities for start-up enterprises and young entrepreneurs.
There are a lot of unique cafés and restaurants opening up in all major metropolitan cities and even in the smaller towns and villages.
There are different types of restaurant businesses like fine dining, cafes, resto-bars, and takeaway restaurants. Business owners need to plan and decide what type of restaurant would work best for them.
The business owner must take the following steps to start a restaurant business:
- Decide the concept or theme of the restaurant
- Arrange capital for starting and running the business
- Evaluate the interim costs of the restaurant
- Pick a great location for the restaurant
- Thoroughly research the competitors in the area
- Get all the licenses and accomplish all legal formalities
- Hire sufficient workforce
- Prepare a stellar menu
- Contact suppliers and vendors
- Install the right technology to run the business
- Create a wonderful ambiance for the visitors
It is important to apply for a few licenses before opening a restaurant – a Trade License from the local Municipal Corporation, Food Safety and Standards Authority of India (FSSAI) License, GST Registration and GSTIN Number , Professional Tax License, License of Liquor (not compulsory) and Business Registration.
The idea of owning a restaurant business is excellent. Considering the opportunities that the Indian F&B industry holds for both future & existing restaurant businesses, it certainly is the right time to enter this lucrative sector.
One last thing you’d want to do is use track all your expenses, incomes, cash transactions, etc. Lio’s restaurant registers are tailor-made for this and ensure you can watch over the profits and losses like a hawk.
Restaurant businesses are risky
Initial Investment- ₹5,00,000 to ₹2,00,00,000
Expected Monthly Revenue- ₹10,00,000 to ₹5,00,00,000
13. Social Media Marketing Business
Social media marketing is a big business not only in India but also across the world. As a result, many freelance marketers and budding entrepreneurs want to deep dive into this creative line of work.
However, starting a social media marketing business has its own set of challenges just like every other small business in India .
But, with the right set of tools and skills, one can set up their social media business in no time. Here are five steps to get a social media marketing agency up and running –
- Fix the area of expertise. For example, do you specialize in organic marketing or paid marketing?
- Fix your unique selling point. Is it price or particular industry knowledge?
- Fix your services. Do you offer copywriting, strategy, design, etc.?
- Work on a logo and brand voice.
- Decide the pricing structure for your services
- Fix the tools you will be using for your agency
Here are some free and paid tools to get started
- Free tools – Trello, Dropbox, Zoom, Canva, etc.
- Paid tool s – Visme, Agorapulse, Hootsuite, etc.
It is always better to start with the free tools and then get the paid ones when you really need them.
Initial Investment- None if you have your own computer and internet connection.
14. Catering Business
Catering is low investment but highly profitable business for people who are thinking of starting something of their own. As a first step, business owners should think about the size of their business and their target audience.
You can start a small-scale catering business if you have the capacity and manpower to service 15-50 people.
On the other hand, if you’re confident of getting into a large-scale operation (more than 50 people), then you need to sort out your capital and prepare enough backup plans in case something goes wrong.
Either way, here is a checklist for you in case you plan to start a catering business –
- Get a kitchen for rent, or prepare your home kitchen for the business.
- Get all the essential equipment for cooking and delivering food.
- Find out the vendors for vegetables, meat, masala, etc.
- Get all licenses and permits to run the business legally.
- Decide on the pricing structure.
- Hire adequate staff and market the brand.
The growth of corporate India has led to a rise in demand for catering
businesses. Catering businesses today service a number of factories, malls, IT
parks, schools, colleges, hospitals, wedding events, etc., and provide opportunities for thousands of budding catering entrepreneurs.
Initial Investment- Average of ₹20,00,000
Expected Monthly Revenue- Anywhere between ₹10,00,000
Skills Required- Cooking and people management skills.
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15. travel agency.
A travel agency is a business of convenience. Customers expect a hassle-free experience from a travel operator. In this digital age, where people can plan a trip independently, a travel agency has to offer the best solution to attract customers.
As a travel agency owner, you need to provide support and guidance at every stage of the customer’s trip.
Everything has to be taken care of right from booking a ticket to checking in at the hotel. A travel agency operator should be ready to guide and answer each and every query of the traveller as and when needed.
To summarize, the travel and tourism business in India is a service-related business. And customer experience is the most important factor that decides whether this business will succeed or not. So make sure you are up for the challenge before you decide to set up a travel agency .
16. Fitness Centers
People are becoming more and more health-conscious these days which has made fitness centres a really profitable business venture. After a stressful day at work, people turn to the gym to unwind and also work out.
It has become a crucial part of people’s lifestyle. Over the past few years, many high-end fitness centres have been successfully started across the country.
Opening a gym center requires intensive research and planning. The first decision to be taken by the business owner while starting a fitness centre is the format of the fitness centre. Fitness centres can be broadly classified into the following formats:
- Gym with cardio and weightlifting equipment
- Fitness Studio for catering to Martial Arts, Zumba, Aerobics, or other classes.
Once the business owner has decided on the business model for their fitness centre, there are a few more important aspects to look into:
- Find sufficient space for the gym
- Find a suitable location with good visibility and parking facilities
- Get the right set of equipment
- Invest in interior design
- Hire certified professional trainers and experienced staff
- Offer member incentives
From millennials to Gen-Z, every individual has turned their focus towards building their immunity since the dawn of the pandemic.
Nowadays, fitness centres in India have become a necessity instead of a luxury. A commercial gym can easily turn into a flourishing business for people with a passion for fitness and an entrepreneurial drive.
Initial Investment- Around ₹8,00,000 to ₹10,00,000 if you own the place
Expected Monthly Revenue- ₹1,00,000 to ₹10,00,000
Also Read: Top 8 Wholesale Business Ideas in India in Hindi
17. Organic Farming Business
People are becoming more conscious of what they are consuming these days. They want what they consume to be not only healthy but also ethically produced. Organic farming is an agricultural method that promotes the environmentally and socially sound production of crops.
Here are the steps to start an organic farming business in India-
- Conduct initial research and select suitable crops
- Get organic fertilizer and pesticide
- Mobilize resources
- Learn different methods of organic farming
- Get an organic certificate (India Organic Certificate)
If someone has a spare piece of land, they can use it for growing fruits, cereals, and vegetables that are organic in nature. As the demand for organic products is increasing in the market, many business owners and farmers have shifted from conventional farming to organic farming.
Some people have also started growing organic food in their yards, balconies, terraces, and farms. If they scale up production, they can earn good money by selling the produce in the market or directly to customers (including restaurants).
To help you with tracking your yields, expenses, incomes, work hours, etc. Lio has created farmer-specific registers that you should try out.
Initial Investment- Only cost will be for the land which varies based on the area
18. Event Planning and Management Services
This is the perfect kind of business for someone who has a knack for putting together an event and connecting with people.
According to an EEMA (Event and Entertainment Management Association) report, the Indian event management sector is a ₹10,000 crore market growing at a CAGR of 16%. Events are of various types: large scale, small scale, professional and personal events.
As an event management business, you need to put in a lot of effort and look at everything in detail. This will ensure that your event is conducted smoothly without any hassles.
Venue hunting, inviting guests, arranging logistics & decoration, ordering food, etc. are some of the core responsibilities of this business. Event organizers need to keep the following things in mind before starting an event management business.
- Create different proposals for prospective clients and vendors
- Prepare your elevator pitches, conference pitches, wedding pitches, etc.
- Make sure to have a PR and marketing plan.
- Start networking with people who can turn into customers
- Hire good employees
Most importantly, if you are entering this business, you need to learn to stay calm, as being an event manager can be stressful. The number of things that can go wrong is plenty.
Initial Investment- None if you own a computer and an internet connection.
19. Grocery Store
A grocery store or a supermarket is a good business opportunity for entrepreneurs who are looking for something that guarantees a stable revenue stream and a consistent customer base.
If you can deliver the groceries to the customer’s home, then you will have a much bigger customer base as most people want to shop even the necessities from the comfort of their homes.
Business owners need to plan and understand a few things before opening a grocery store. Here are they –
- Business Plan – It is crucial to decide on a business model while setting up a grocery store business. Include all the relevant details about your business such as the size of the store, expected daily footfall, the possibility of home delivery, etc.
- Location – It plays a vital role in this type of business. A business owner should finalize the location based on budget, competitors, location of target customers, etc.
- Staff – No matter how big or small your grocery store is, a successful grocery store is always run by good and efficient staff who will take care of the customers’ needs.
- Legal Expenses and Taxation – There is a lot of paperwork and legal formalities that you need to take care of while starting this business. For example, you might be asked to obtain a trader’s license, FSSAI certificate, etc.
- Pricing – Decide the pricing model of your goods. Are you planning to offer a discount from the maximum retail price or charge the customers the MRP?
- Marketing – This helps establish your grocery store’s brand presence and bring in more customers.
- Business Insurance – Even when you plan for everything, sometimes things can go wrong or out of control. Getting insurance helps you safeguard your assets from any unforeseen risks in the future.
- Tracking System : From expenses, incomes, to udhaars, you want to make sure you are tracking every rupee. Lio’s shopkeeper-specific registers make it a breeze so do try them out.
Entrepreneurs who would like to do business in its purest (most traditional) form, i.e., buying and selling, should definitely consider opening a grocery store.
Initial Investment- ₹5,00,000 to ₹50,00,000 depending on the inventory you wish to purchase
Expected Monthly Revenue- ₹50,000 to ₹5,00,000
20. Photography
The huge popularity of photography in recent years can be attributed to the growth of social media – especially image-based ones like Instagram and Pinterest.
It takes skill and a creative eye to take good photographs. If you have them, even if you are an amateur photographer, you can convert your hobby into a full-time business and start earning money. There is also the possibility of travelling across the world if you get a good project.
A typical photography business can be started with a budget that ranges anywhere between 1 Lakh to 10 Lakh Indian Rupees. A huge chunk of this will go towards purchasing the main equipment, i.e., the camera and lenses.
The main camera body can be purchased for a price range of ₹50,000 to ₹3,00,000. Different types of lenses can be purchased for different types of shots. For example, a telephoto lens for shooting wildlife.
The other essential gadgets that you might need include lighting and a computer.
In this internet world, it is also important for you to have a strong social media presence to be visible among your target audience. In addition to that, you can create a website, get listed on wedding service provider websites, etc.
Initial Investment- ₹1,00,000 to ₹10,00,000
Also Read: 8 Business Ideas in Kerala in Hindi
21. Affiliate Marketing
Affiliate marketing is one of the easiest small business ideas in India to implement. You get paid perennially in the form of commission every time a sale is facilitated by your website.
If you are willing to put in the time and effort to build a website that gets enough traffic, you can join an affiliate program and start earning.
Here are the steps to get started with an affiliate marketing business –
- Join an affiliate program
- Select the products or categories to promote
- Share/Promote the products on your website, blog, or social media channels.
- Collect a commission every time a customer uses the links to make a purchase
Depending on the company you partner with, the commission rates vary drastically. On the lower end, you can earn around 5% of the sale, while on the upper end you can earn even 50%.
This is typical when you are promoting an event or a class. Also, there are a few affiliate marketing programs that provide a flat rate per sale instead of a percentage.
Making money with affiliate marketing programs can be a great way to add a new revenue stream without taking on too much risk. All it will cost you is your time. By investing the hours upfront, you can continue to reap 1rewards for years.
Initial Investment- None if you have a computer and an internet connection
Expected Monthly Revenue- ₹5,000 to ₹1,00,000
23. Clothing Store
The Indian clothing market will be worth over 59.3 billion dollars by 2022, as per McKinsey’s FashionScope data. This clearly shows that entering a clothing business will be a good idea not just for the immediate present but also for the future.
You will have to first select a target audience and then cater to that demographic segment. This will help you come up with the type of fashion that you need to sell. For example, if it is for women who are aged around 40+, then you can start a saree store.
But whichever clothing categories you sell, follow the below steps to succeed in it –
- Raise funding and Investment for the business
- Fulfill GST Registration and other legalities
- Pick a location that suits the business
- Be creative and design original styles – don’t forget to follow the latest trends.
- Find distributors and suppliers for inventory.
- Hire trusted and experienced staff for the store as sales is the most important part of a clothing business
- Offer regular discounts to attract customers.
There is always more room for a new clothing business in the crowded fashion industry, particularly if you can offer customers something unique and new in your locality.
And with e-commerce booming, starting an online store is also a viable option to make your dreams of starting a clothing business come true. However, this is one business where hard work, consistency, motivation, and a solid plan of action is needed to survive.
24. Candle Making Business
Gone are the days when the use of candles was just limited to illuminating homes during power cuts. Today, they are used primarily for decoration in places like restaurants, hotels, offices, homes, etc.
On top of it, a vast majority of candles produced today are scented candles. People want a refreshing experience after a long day, and scented candles are the best way to get it.
Making candles is not at all a difficult task. With some professional training and little experience, anyone can start manufacturing candles. Your investment will also be minimal.
Here are a few things to know before starting a candle-making business –
- Find what are the different types of candles one can make. The choices include pillar candles, container candles, tea lights, liquid candles, gel candles, votive candles, floating candles, and birthday candles.
- Get the equipment that will be needed to make candles. This includes wax, fragrance oils, molds, dyes, wicks, thermometer, decorative material, and heat source.
- Do plenty of experiments and create multiple candles, each having its own unique characteristics.
- Create a marketing plan; find out who your target audience is and what are the different channels to reach them.
- Go online! A candle business owner should definitely have his/her own website where people can come and purchase the candles.
You can price the candle anywhere between ₹100 to ₹300.
Initial Investment- ₹5,00,000 to ₹10,00,000 depending on the size of the business you wish to start
Expected Monthly Revenue- ₹25,000 to ₹1,00,000 every month.
25. Handmade Soap Business
The handmade soap business is one of the best small business ideas in India , even if you do not know how to make soap. There are thousands of videos on YouTube that you can refer to to start creating soaps.
People prefer handmade soaps as they are made of organic and natural ingredients. Modern-day people have started realizing the importance of using natural products as they are beneficial for their skin.
If you are getting into this business, then you need to make a few initial investments in the form of blenders, mixers, molds, essential oils, and pigments.
Apart from these, the only other thing you need is a creative eye to pick the molds in different shapes that appeal to your target audience.
An average homemade soap can be priced anywhere around ₹200-300. You can even showcase your products at exhibitions or expos. This will be a great way to attract more orders.
Initial Investment- ₹1,00,000 to ₹5,00,000 depending on the size of the business you wish to start
Expected Monthly Revenue- ₹10,000 to ₹1,00,000 every month
Also Read: Most Profitable Businesses in India in Hindi
Starting a small business is not difficult but maintaining and running it successfully is the bigger challenge. If business owners are dedicated to their business, they will definitely succeed.
Small business ideas in India are aplenty. And given the opportunities people have today, starting their own venture is highly recommended.
Whether they are getting out of a 9 to 5 grind or looking for a side hustle, there is something for everyone. Most of the small-scale businesses in India in the above list may not be applicable to all.
The business that one chooses will depend on various factors like their skill-set, their interest, and the resources they have.
Managing every side of the business, including finance, payroll, and budgeting, is also very critical if you have to succeed. Especially for small businesses, this does not and should not cost a penny.
Business owners can simply download Lio and use many of its templates to keep a close eye on their business’s operations and overall growth.
Use an app like Lio to keep most of the records on any device of your choice.
Frequently Asked Question s(FAQs)
Where can small business owners get funds for their business.
1. Personal financing 2. Friends and family 3. Angel investors 4. Venture capitalists 5. Crowdsourcing 6. Credit cards
How likely is it for Small Business Owners to get Venture Capital Financing?
The chances are good if you have a solid business idea and a great vision. Business owners should get the product ready, gain some traction, get a great team, and then they should apply for venture capital financing to improve their chances.
How can a Small Business Owner come up with a catchy name for their Business?
Start with brainstorming ideas. This will help business owners come up with a bunch of different names they like. Then search for all those names on Google and see what’s already taken. This will eliminate 90% of the names from the list. Make it easy to spell and keep it unique.
What are the Biggest Challenges for Business Owners when Starting a Business?
The biggest challenges are-
1. Shortage of capital 2. Lack of clear vision 3. Inability to find good employees 4. Time management 5. Unable to scale
What are the Biggest Mistakes Made by Small Business Owners?
1. Thinking that success will come in a short span of time 2. Not having a proper budget or financial plan 3. Not focusing on the quality of product or service 4. Underestimating the value of marketing and sales 5. Not adapting to the latest trends and technology 6. Not understanding the competitors 7. Being ignorant on legal and contract matters 8. Hiring the wrong employees or not training employees properly 9. Underpricing or overpricing the product or service
How can Business Owners Protect their Idea?
If the idea is truly unique, get a patent for it from the government. Business owners may get some protection for copyright, NDAs, and trade secret programs.
What are the things Business Owners should look into before Hiring an Employee?
1. Do a complete and thorough background check 2. Look into the relevant work experience for the job 3. Find out if the person is a team player and fits well with other team members
What kind of insurance is required for a Small Business?
Depending on the business, business owners should consider the following insurances-
1. General liability insurance 2. Business interruption insurance 3. Professional liability insurance 4. Property insurance 5. Worker’s compensation insurance 6. Product liability insurance 7. Health insurance for employees
What kind of records should Business Owners need to keep for their Business?
1. Financial Statements 2. Record of meetings 3. Employee records 4. Tax filings and records 5. Invoices and contracts 6. Creditor records 7. Bank accounts and statements
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I was looking for the necessary permits and registrations because I intend to open a restaurant. In the article, you spoke about all that was necessary. I can now move forward, thanks to this information.
Hello Radhey, I truly appreciate your warm words.
I’m very happy this information was helpful to you. Best wishes for your new business venture!
You have greatly improved my understanding of competition analysis, which I used to find confusing. Thank you very much.
Hello Aleena,
I’m grateful for your kind words. I am pleased you found this article intriguing.
Would you kindly suggest a few apps for conducting market research?
Hello Manjima,
Some of the greatest apps for conducting efficient market research include Census Bureau, Make My Persona, Tableau, Statista, Claritas, MyBestSegment, and SurveyMonkey. Hope this was helpful.
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