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200+ Small Business Ideas with Low Investment
Small Business Ideas with Low Investment and High Profits Men and Women:
An entrepreneur struggles for capital that can enable him to successfully realize his idea. For any entrepreneur, a great business is one that is not capital intensive. There are many small business ideas that require very less investment. These ideas, if executed well, can ensure that the business flourishes and is profitable.
A business idea with low investment is a very desirable proposition. However, most people are not sure what those ideas would be and how it could fit into their scheme of things.
Here’s a list of profitable business ideas with very low investment 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 favourite 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 is 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.
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 crore) 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, caterers 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, is 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 a 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 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 a small business loan to buy a new car. If he has the required driving skills, he can enrol into 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 comparatively low investment and high return business. You can avail 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.
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 centre 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 centre. 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 centre at various times during the day. The idea of opening a fitness centre is a business idea with low investment. Even if the person interested in opening this centre cannot afford it, he has multiple avenues at his disposal to avail a small business loan. It is a very profitable business idea as subscribers of the fitness centre find it difficult to keep coming to the fitness centre regularly but most of them pay an annual subscription.
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 is 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 centre equipped with 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. What’s more, a small business loan for such initiatives is easily available. You can visit Lendingkart.com for 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!
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. 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 a small business loan to start a web/ social media agency.
Other Lucrative Business Ideas include:
Creative Business Ideas:
1. Children Play/Adventure Area:
Starting a children play area is one of the very profitable idea for a small business. 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 good ambiance and variety of Teas & Coffee is a profitable business. A rented/owned place with small investment is required for starting a Café.
3. Custom Gift Store:
A gift store is one of the best creative ideas. A customer is always looking for a 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 antiques 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 demands 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 a wedding; DJ’s are always a priority. The pubs are completely dependent on the DJ’s to pull in the crowd. A person needs good amount of skills and experience to make the crowd groove.
8. Chatbot services:
One of the upcoming business in the recent years is developing a Chat bot. Many companies are incorporating chat bot service on their website. Building a custom chat bot as per 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 designer 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 flavours 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 Hair business as a weird idea, but the hair industry is one of the most profitable industry. Hair industry contributed to $248 million in 2018. India exports hair to US, Europe, China and Middle East.
13. Ethnic Food Service:
Now a days 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 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 material 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, labour and delivery, and a post-delivery follow-up.
16. Organic Farming:
Organic Farming is being followed in India since the 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 a 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.
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 of making chocolates. Home made chocolates have a huge demand in the market.
2. Recruitment Services:
Recruitment service is one of the most lucrative business in today’s time. All you got to do is shortlisting, selecting and appointing suitable candidates for jobs at the comfort of your house and earn great commission out of it from the company.
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 service 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 the 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 a 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 hobby class for dance, music, craft based on the skill you possess. The best time to earn in this business is during the summer vacations.
6. Yoga Class:
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 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 good commission than selling insurance policies.