Do you want to start your own business but afraid you don’t have enough money? Starting a new business can sometimes be tiring and overwhelming. But it’s worth it when you remember the hassle of working 9-5 for someone else only to be paid less.
Starting your business helps you be more creative and develop your skills. It also helps you fulfill your dreams and generate enough money for you to survive.
While some people do not want to pursue their passion because of insufficient funds, others are scared of not reaching their goals. But there is an end to all these thoughts.
India has a lot of potential in starting anything new making it a great place to start any business. Many business opportunities in the country will yield great profit and we are here to give you insights into them.
In this article, we will be discussing some of the best business ideas in India with low investment and high profit. With these low-cost business ideas with high profit, you can now pursue your dream business and make a living for yourself. Read on.
Best Business Ideas in India with Low Investment and High Profit
Dropshipping is one of the most successful businesses in this generation. It is an online retail store where you don’t need to keep any inventory. You also do need a little investment to start this business.
Wherever you can take people’s orders from your online store, you will purchase the product from a third party that will also ship the product directly to the customer.
It is that simple! You only need to advertise the product you want to sell and send the order to a supplier who delivers it to your client on your behalf.
This helps you save more time and money and you also don’t have to handle the inventory. You can also get your products from many suppliers but, make sure you have tested the supplier and trust him to deliver the best quality that will satisfy your customer.
Dropshipping business helps you to focus more on marketing the product on your online store. It also allows you to build good customer service and relationships. It is important to note that your customer satisfaction is greatly dependent on the quality of the product, consistency, customer service, and your ability to meet deadlines.
Therefore, you need to keep them cheap to have a successful business and also retain your customers. Dropshipping is not just one of the best business ideas in India with low investments; it also allows you to study the market.
You are also able to create marketing strategies that will help boost your business. This increases your creativity and skills.
Candles are lighted in almost every home in India. This makes it one of the best business ideas in India with low investments and high profit. The demand for candles came from the tradition and religious activities practice in India.
Candles are also in high demand during the festive period in India. For example during Diwali, different colors of candles are lighted in every home to celebrate the festival. There are also demands for scented and therapeutic candles across the county.
With restaurants and hotels using a candle to create a good ambiance, it is a business that anyone can opt for.
Lace designing is a traditional form of business in India. Lace is often added to the Indian traditional wear and it’s sometimes handcrafted. With the increase in the fashion trend in India, there has been an increase in different kinds of lace designs.
India’s lace is also exported to different countries. This makes it a good business for people that want to start a business with a small investment.
India is second in the list of footwear-producing countries in the world after China. The shoes manufactured in India can be classified into different categories. They include sports, casual, and others.
With an increase in demand for shoelaces in the country, the manufacturing of shoelaces has become a very profitable business.
Ice Cream Cones
Ice cream is one of the most popular desserts in the world.
Children are known for screaming for ice cream every time they are out to play. There are also many ice cream manufacturing companies in India.
The increase in consumption of ice cream in India has also increased the demand for ice cream cones. This makes it one of the best businesses to venture into. Ice cream is also a consumable good, therefore; you will make a good profit in the business.
Thinking of which business is most profitable in India with low investment? Home-made chocolate is one of the best you can go for. India tops the chart when it comes to chocolate consumption. Dark chocolate is known to elevate mood and relieve stress. Chocolate also helps to lower cholesterol and prevent memory loss.
People are going to patronize you whether you decide to make bitter or sweet chocolate. The sales of chocolates in grocery stores are also increasing, therefore; you don’t have to worry about your profit. This makes it a perfect small business to go for.
Disposable plate and cup
Disposable plates and cups are commonly used in India during functions, picnics, and other events. They are also used largely by street vendors to sell food. Chai in most parts of India is also served with disposal cups in offices and other official places.
Disposable plates and cups are very affordable and inexpensive to make. Its market has also increased over the years in the country and is still increasing. This has made it one of the best business ideas in India with low investment and high profit.
Indians are becoming more fashion-conscious which is now booming the fashion and lifestyle industry. Online fashion store in India is now growing which makes it one of the best business ideas in India with low investment.
You do not need to be a fashion designer to own an online boutique. You just have to love fashion and be very creative. You can also start it in your home and reach out to different vendors.
Get their items and create your style, then post on your online boutique. You can also deliver products to your customer through Dropshipping.
Find a niche and stick to it. From accessories to casual and formal wear. Create and build your brand around your niche.
It is important to also know the quality of your product plays an important role in the success of your business. Therefore, choose the right supplier and your customer service must be top-notch.
Social Media Influencer
The world is going digital and millions of people around the world are on two or more social media platforms. Companies are now using social media to create brand awareness and also market their products.
They are willing to pay a huge sum of money for social media advertising because they want to reach out to their target audience. With many people on social media, it is easier for businesses to reach out to their customers at the right time and the right place.
Social media campaigns and posts also help build customer’s trust and engagement which is beneficial to businesses. Becoming a social media influencer allows you to make money by helping brands to advertise their product on your social media platforms. You just need to be creative and know how to engage your followers.
You also need to understand branding, customer communication and have a good amount of followers on your social media platforms.
Planning an event can be stressful and overwhelming, this is why many people prefer to hire an event planner. An event planner helps you sort out your event venue, catering services, decorations, and many more. They also help you schedule all the events and make sure everything goes as planned.
This is why it is one of the best small businesses and its demand is very high. Good branding and popularity also increase its demand and this can be built through online marketing strategies.
However, the cost for starting this business is very low and it yields a high profit.
Weddings are one of the most important events in India. It is also largely celebrated no matter the class of the family. The only thing you need to do is to start your wedding consultancy. You can also start from your home and tell people around you about your new business.
One of the best ways to also reach out to your target audience is through social media platforms. You can also open a website for it and make sure it is well detailed, attractive, and accessible.
Are you a good tutor? Do you love imparting knowledge to others? Education is one of the most sort-after things in the world. People are willing to learn new things and improve their skills every day and as you know no knowledge is wasted.
Starting an online course for students who are willing to improve in the subject you teach, is one of the most lucrative businesses you can venture into.
You can open a YouTube channel to start with, and then upload your teaching classes. People will start to view it and also subscribe to your channel to learn more.
YouTube will start paying you for every view you get. Some of the students can also reach out to you for private lessons which will also increase your revenue.
You can partner with different brands to feature you on their channel and also open a website where people pay to view your classes.
Do you love taking unique pictures of nature and every other thing around you? Do you have a passion for photography? Why not make it a business. All you need is a professional camera and you are good to go.
You also need to build your portfolio online and people will start reaching out to you for professional pictures.
With the spread of the coronavirus, everyone all over the world is now more conscious of their health. Not everyone has the time to go to the gym and some people prefer to hire a fitness instructor to come and train them in their house.
This makes it a good business that does not require any investment. You can also start an online class to teach people how to stay fit. But you have to be consistent and know how to maintain a strong online presence.
Many businesses are now moving into the digital market to sell their products and reach out to their potential customers. Everyone business wants to improve its website’s visibility on the Google search engine.
Blogs and articles written by content writers are one of the tools used in increasing website visibility and also attract potential customers. You only need a laptop or desktop, be creative with your writing and you are good to go.
Billions of people all over the world watch YouTube and you can tap into this fast-rising digital world to earn money. YouTube is one the best business with a small investment for a creative individual who wants to earn high profit.
YouTube allows you to create any content of your choice and upload it on your YouTube channel for free. They also pay you for every view and likes you get.
Indians are known for their love for tea and their day is not complete without drinking chai. Indian tea is also exported to other countries and the tea industry is doing exceptionally great for the past decades.
Tea stall owners are also having great profit as people patronize them every time and you only need a small investment to start the business.
All you need is to buy tea from the manufacturer and get some benches for your customers to sit on. This makes it one of the best businesses to start in India.