Do you subscribe to the popular belief that you need a lot of money for starting a business? You will be surprised to know that you can actually start a business with low investment and make it a profitable venture.
If you live in India and want to put your entrepreneurial skills into some good use, you have landed to the right place because today I will share 10 low investment businesses ideas you can start in India. Just some direction, a negligible investment of money and time and you too can be a business owner! Indian economy is growing fast and so can your business.
1. Real Estate Consultation:
Real estate stays as the topmost profitable business in the blooming Indian economy. Although real estate business requires lots of capital investment, you shouldn’t worry about that because we are suggesting you to start real estate consultation services. Your business will guide the potential property buyers and will earn you 2-3% of the money your client will pay for a property.
2. Recruitment Firm:
Due to financial constraints, many companies prefer hiring employees on contractual basis instead of permanent ones. Providing such companies contractual employees can be your business. It is quite simple. Rent a small office, make contacts with several companies and learn what type of skills they are looking for, send a candidate to a company and take commission from the firm for a certain period of time.
3. Designer Festival Gifts:
These days exchanging custom made designer gifts on festivals is trending at top speed. Chocolates, designer diyas and gift boxes for Diwali, valentine and Christmas are quite popular. You can start the business right from the comfort of your home and use some creativity to attract more potential buyers.
4. Event Management:
Event management is also a blooming business. If you think you can manage things at the spur of moment and have networking skills, than this business can be your thing. You just need to take care of managing an event as money matters will be in the hands of the event hosts.
5. SEO Consultancy:
Search Engine Optimization (SEO) is becoming a necessity in the competitive internet world and with the growing number of websites and changing Google algorithms, SEO consultancy is in huge demand. You can take SEO training and set up your own SEO consultancy firm. If you produce effective results, you can be in huge demand not only in India but globally too.
6. Online Business:
You can also start an online business by simply setting up a page on websites like EBay or Etsy. If your products are good enough, they will sell themselves for sure. In addition, you can also promote other people’s businesses through affiliate marketing and earn every time your affiliate product gets a buyer through your link.
7. Wedding Planning:
Indian weddings are highly valued. People want their wedding to be the most memorable and impressive. So if you are good at planning a wedding, it can be an extremely rewarding business in India. (Remember the movie Band Baaja Barat?)
You can start your own blog in a niche of your interest and steadily start earning on it, if you provide valued information and bring traffic to your blog. Blogging is time-consuming work but it is a great long-term business with minimum investment.
9. Jewelry Making:
Indians adore jewelry because they love to dress up and look nice. If you love jewelry, you can take some training and start designing your own. If your designs are good enough, you will be earning a lot more than you currently are.
10. Food/Catering Services:
Food is a basic need and can earn you wholesome extra money if you serve mouth-watering treats, even if you start small. Open a catering business or food trailer if you can and put your chef skills to good use. If you have baking skills, you can even start a cake business from home.
With 10 low investment business ideas for India on the table, you can pick up the ones that interest you and turn your passion into a rewarding business. Do you have some new business ideas that need low investment? Please feel free to share in the comments.