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.
8. MLM – Network Marketing:
Multi-level marketing or Network Marketing is a business where you need to sell product and services of 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 on the most productive business 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 it 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 task 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 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 centres to care for their children while they work. While some parents may just consider a professional daycare centre to be the safest option for babysitting, but 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 centre.
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 Sofa Cleaning service with the help of right equipment.
6. Visa Consultant:
Consultants are always in demand. If you have knowledge about various rules and regulations of visa 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 investment in mainly the cooking apparatus as well as the ingredients.
8. Sports Coach:
If you share 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 which 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 much 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 about 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 business with maximum profit. All you need is to invest in the equipment required to make the drink, like ice snow maker and soda maker.
6. Courier Shop:
If you are quite efficient in delivers 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 love wearing fresh clothes that smells 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 of 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 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-Papad Making is one of the best home-based business idea that women engage in since earlier times. 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 organisations.
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 look out 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 religion and languages, there are various customs and traditions that people follow. The requirements of religious items for engaging in various customs are different. The religious items such as Diya, Dhup, Murti, Shankha are always in demand. Therefore, this business is favourable in areas where there is a religious organisation nearby.
16. Pest Control:
Pest control business is slowly becoming one of the top business in the metro cities. Everyone wants to live a healthy life free from diseases caused by insects and mosquitos. Thus, Pest Control business is a good option in the metro cities.
17. Paan Centre:
Anyone can open a Paan centre as it does not require any skill. It is a low-cost business idea and involves 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 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 flowerbeds 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:
Aquarium is a low-cost business where you need to take care of the fish tank and provide Professional Aquarium Leasing and Maintenance for Office or Home. Aquarium is considered good for Vaastu therefore this is a good business in 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 clear idea of the chemicals used in the process to run this business.
23. Spy & Security Services:
No one can be trusted at present day. Due to which 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 times. 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.
25. Software Training:
If you are an expert in computer language such as C, C++,JAVA, HTML etc. you can start a business of software training from a small rental area or from your house.
Online Business Ideas:
A weblog which is also called as a blog is maintained by a blogger to give out information about a subject. Blogging has gained momentum now a days as it helps generate traffic and there is demand for bloggers in the market. Therefore, this can turn as an amazing online business in today’s time.
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 it easily. All you need is confidence in front of the camera and some editing skills to start with.
3. 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.
4. Freelance writer:
Freelance writing is any sort of writing assignment that you do for pay, outside of a staff position. You can meet client and write content for Web pages, Blog posts, Magazine articles, Newspaper articles etc many companies nowadays hire freelance writers for their business.
5. 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 the search engines. If you are somebody who have an expertise in this area, then you are good to start a SEO Business.
6. 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 a good domain knowledge, then this is an exceptional business idea for you.
7. App Development:
Application development involves creating a computer program which performs different tasks that a business requires. Application helps businesses automate tedious process 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.
8. Affiliate Marketing:
Affiliate marketing is the most profitable way to make money online. It is the oldest forms 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.
9. 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 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.
10. 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 which can lend you a lot of revenue without much effort.
11. 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 which can help you expand your business.
12. 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.
13. Data Entry:
Data entry is one of the easiest business idea 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 this business with no previous experience.
Profitable Business Ideas:
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 organisation.
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:
Mobile phone business is growing exponentially. 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 its run in a professional way. The best thing is that you can start this business with a very small investment and with little experience into the same.
4. Package Drinking Water:
Demand of packaged drinking water is growing exponentially in small towns and cities in India. This is an evergreen business and there is place for everyone who want to step into this opportunity. 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 jewellery 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, sweet and related products and establish a dairy business.
7. Commercial and Industrial Machinery Equipment Rental:
Offering commercial and industrial machinery and equipment on 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. 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 a good communication skill 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 at metro cities.
9. IT Hardware shop:
Hardware shops provide hardware items building material, plumbing material, etc. to huge electrical materials. To start this business, you need to have the knowledge of the products. On average a good performing hardware makes a net profit of 10% on its daily sales.
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 to supply 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 involves the postproduction 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 a high-growth, $30 billion industry for both domestic and international wines. Therefore, starting your own beer and wine company is the 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 skill manpower and 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 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 into the business.
7. Car Parking Services:
If you have a huge vacant area outdoor which you can use for business purpose you can start a Car Parking Services business. It is a recent concept as the number of cars on road are increasing.
8. Petrol Pump & Gas Station:
Gas stations offers 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. Which gives rise to the demand for Marriage Halls. If you own a property which 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 Car has reduced because despite of the desire to buy such cars not many can afford it. 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 making 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 business. 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 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 night club. The investment is big as licence and good quality sound equipment are required to start this kind of the business.
16. Poultry and Fisheries:
Poultry and Fisheries has now become a popular rural enterprise in different states of the country. Apart from eggs and chicken, poultry also yields manure, which has 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 outcome.
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 amount of renewable electricity that can be used by individual for commercial and residential purpose. 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 of UPS. You can collaborate with major UPS Company 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 jewellery industry. A small jewellery 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 internet thus starting this business makes sense.
25. Computer Class:
If you have the knowledge of computer 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:
Hotel business requires huge investment and manpower. To start this business, you need to buy or rent an establishment that provides lodging and, often times, meals and other services for travellers and other paying guests.
27. Oxygen gas bottle:
To start this business, you need to Invest in quality equipment, 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 battery may it be a two-wheeler or a four-wheeler. Therefore, 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 a 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 school 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 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:
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 require 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 much required and no special skills needed.
6. Cosmetic Store:
As people are now a days becoming more beauty conscious so the demand for the beauty products have increased than before. Ladies are always in search for cosmetic store. This business too needs 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 business are always an evergreen business with good product and small investment.
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 stationary items. The investment required too is low. The best location to start up this business set up would be schools, colleges, office etc.
9. Beauty Salon:
Beauty salon are now among the emerging business in the India. Beauty care segment is most likely carried out by ladies. This business demands some special skills related to skin care. The person carrying out this business should have undergone special training and courses related to skin care 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 good renown brand.
10. Medical Diagnostic Center:
Medical care is essential in today’s world. Day by day there are new disease effecting health of people, so timely health and medical check-up has become very important. With proper medical check-up and advance analysis, we can be safe from many prone diseases. The investment required for running this business is substantial.
11. Photo Studio:
Photo studio is a business which 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 world safety and security is all what one needs. So, the safety and security products in the market is always in good demand in the retails business. For starting this business, you need to have products like helmet, safety lockers, CCTV cameras etc.
13. Herbal & Ayurveda Products Retail Business:
Herbal and Ayurveda exist in India from a very long time. Ayurveda is a proven medicine for healing and curing diseases with no side effects. The herbal and Ayurveda medicine manufactures 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 retails business with moderate investment and get better profits.
14. Scrap Store:
You can also earn profit from scrap store. In this business what you need to do is collect scrap 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 for giving and accepting gifts. Gift shop also possess good amount of revenue. Gift shop business consist of business or personal giftings. Gift shop business require proper location and good collection of gift cards. Gift cards are used widely at 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 majority of people. Due to the constant climatic changes there are often eyesight issues caused to people of all age group. To start up with eyeglasses business you need to have sunglasses, contact lenses and different trendy frames for specks. Rate of the products depends on 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 small investment. Your business depends on the seasonal and festive needs of the consumers like crackers, raincoat, woollen 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. A success of this business depends upon location of shop and quality of utensils.
19. Foam Mattress:
Thinking of starting own foam mattress business? Starting of manufacturing foam business is among small investments. You either can become trader or a manufacturer.
20. Business Idea of Ice:
Business of ice can be started up with a very low investment. Ice is a commodity frequently used by us in day to day for cooling.
21. Tattoo Shop:
Today generation is crazy for tattoo and ready for paying any amount for good designer and trendy tattoo collection with them. Tattoo business is among the upcoming business for earning good profit. Only thing you need to know is skills required for tattoo making or have skilled people for the same.
Manufacturing Business Ideas:
1. Honey making:
Honey Manufacturing business is another form of small Business. Honey processing can be performed in two different process manual or automatic. Starting your honey manufacturing business is easy and convenient for people planning for small scale business.
2. Manufacturing toys:
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 material required for toy manufacturing. There are machineries available in the market by which you can produce ample number of toys and earn more profits. Toy Manufacturing business can be started up with a 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 the 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. 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 the business expand your business.
5. Water Filter and bottling Plant:
Water filter and bottling plant is a commercial enterprise and one of the prime requirements now a days. The role of mineral water bottle plant is important for this industry and to the society. For setting up a business of 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 are an essential part of our daily life. Furniture business is also to be considered as a booming industry. Furniture always have its never-ending demand from schools, colleges, offices and homes. If you have ample of space with you and skilled workers to start furniture making.
7. Production of Leather related items:
Production of leather related items are always in huge demand in the market. Leather products such as bags, footwear and garments etc are some leather related items which 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 a 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 small investment to we can start up an electrical fitting production.
We will now next cover the details related to Embroiderer business. To start-up with this business you need to have a creative designing idea for embroidery. Creative designer Embroiderer can be done with low-end machine or by sophisticated tools. This is a lucrative business and can earn good margin.
10. Carpet Making:
The Carpet making business is among the creative business and is among the large business opportunity. Starting up a carpet making company with good creative mindset, would lead to a high 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 huge requirement of 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:
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:
Real Estate Industry in India is booming day by day. Due to high cost, developers prefer getting construction equipment on 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 fits kids as there is a huge requirement from school kids for school events. Start your fancy-dress renting business and earn handsomely.
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 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.