You can start a business with a
nominal amount of investment and can grow your business with your hard work and
sincerity. Given below are some small business ideas with low investment in
India, which will help you to run a profitable business.
There is a familiar belief that starting a business needs a huge amount of investment. This is not the case on every occasion. You can run businesses with low investment
I have compiled 10 best business ideas in India you can start with low investment, all you need do is to identify the one you have passion for and write your business plan.
The beginning of the business may not be as rosy as expected but with hard working and self believe you can make the business a success.
1. Recruitment firm
With the economic crisis the rate of unemployment is going vertical in India; the recruitment firms are in huge demand. A recruitment firm would be a good business idea.
You can set up a recruitment firm; You need to hire a small office
space for rent contact small and big companies that need staffs and the type of
staff needed. Then go employ those staffs for them and take certain percentage
of the employee salary for a period of time agreed upon by your firm and the
employee. You can also help companies handle permanent staff recruitment. If
you are sending a candidate to a particular firm, the firm will pay you with a
certain amount as commission for a particular period of time that can be
between 1-3 months. The key to the success of this business is that you must
know what the company wants.
2. Real estate consultant
While the demand for properties is growing day by day Real estate business is the most profitable business ever, as a result of this people are going into the business every day. The problem with real estate business is that it is capital intensive. Are you worried about that? No, you don’t need to. If you don’t have money to go into this business, you can start as a real estate consultant by guiding people who wants to acquire properties and charge certain percentage of the money after the business is over. For each and every deal you make, there are possibilities of getting 1 or 2 percent as a commission fee on top of your consultant charges.
For eg: If you are selling a property worth 2 Cr. And you have
found and convinced the buyer for the same then you’ll get 2% i.e. 4 lacks
from both the parties
All you need to know is your own locality you are staying in, which is the most basic step to start as a real estate consultant.
3. School/ Office Material
Supplies:
Many materials are needed by offices and schools all year round in
India. This is a small business that requires little start-up capital.
To do
this business successfully, you have to contact school for their uniforms their
books stationary etc. and offices for their daily needs their rug, paper,
liquid soaps and much more. You just need to build network by visiting offices
and schools and let them know that you can supply the office material.
If you present yourself
very well, they will be willing to do business with you.
4. Event management
Event management business is one of the businesses that are in demand. If you feel that you have the capacity to move things quickly and have good networking ability, then this is the best place for you.
Since everything takes place in the event and all the expenses will be taken care by the company, all you need to do is to look after whether the event moves smoothly.
This business is growing fast in India and it is still at its
infancy stage.
5. Start Your Online
Internet Business Like Selling on Sn****al or e*ay etc.
You can start a business by selling your goods on internet. You can make good use of Websites like Ebay to sell your goods. Here you can put your product on action where the buyers will bid. This will give you the opportunity to get the best prices for your product.
The biggest investment in this business is “Time”. You will have to constantly sit in front of your internet and be aware of the latest bid.
6. SEO Consultant
There are thousands of websites and blogs that are created every day, but most of them do not survive for more than few months. The reason behind this is many people don’t know how to market their blogs and get high ratings.
Starting a SEO consultant will be very easy, quick to set up and does not
require much of investment. In case you don’t know SEO, you can take a training
which will not last for more than 3 months.
If you are good in this, companies, blogger and
Internet marketer will all be looking for you and you will make lots of money.
7. Wedding Planner
In India, marriages are considered to be once in a lifetime occasion. Because of this reason, many people prefer for a lavish wedding. They will always want to have memorable wedding ceremony
If you are a person who is creative and have the capacity of multi tasking, then you can start your business by your own.
Initially, you will have to take a place for your office and after few days you can open a website which is a onetime investment through which you can market your product.
To be successful in this business, you must be
able to create network with clients and have ability to organize and
make things work.
8. Blogging:
You can start a blog on a niche that you know
best and that is profitable. This business has little or no start up capitals;
in fact you can own a blog without spending a dime. But to be honest with you,
one has to spend some money in blogging so as to get good result within a
reasonable time.
Making money blogging requires lots of commitment, hard work,
consistency and persistence because it takes relatively a long time before you
start making reasonable amount of money. But it is profitable at the long run
and is a business worth doing.
9. Daycare Center
Daycare Center Daycare Center is an excellent business choice
which necessitates a trivial amount of investment. The most attractive part of
this business is that you can do it from your house. In addition, there is no
requirement to make a huge investment on infrastructure. The things you have to
purchase include books, toys, and games for the kids. The other things are
there in your home.
Nonetheless, you might have to redesign your home as per the requirements of the kids. A number of safety measures needs to be adopted such as keeping electrical devices in a place which is inaccessible to the kids and meshing the veranda. Nevertheless, to operate a daycare center profitably, some experienced and qualified professionals should be employed who can manage and comprehend the requirements of the kids.
Nonetheless, you might have to redesign your home as per the requirements of the kids. A number of safety measures needs to be adopted such as keeping electrical devices in a place which is inaccessible to the kids and meshing the veranda. Nevertheless, to operate a daycare center profitably, some experienced and qualified professionals should be employed who can manage and comprehend the requirements of the kids.
10. Affiliate Marketing
Affiliate marketing is the method of merchandising the goods and services of another organization on their behalf. Here you work as the affiliate of that organization.
Whenever
you sell a product, you will be entitled for a commission. The amount of commission
will depend on your agreement with the company whose products you are selling.
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