20 Small Business Ideas with Low Investment in India 2019
Doing a 9 to 5 Job and obeying a boss for limited income and job security is an old idea. Today’s generation believes that life is too short to waste in a rat race. They don’t want to follow rule and remain happy with fix income for the rest of their life. They are interested in starting their own business where they are free to take their own decision. They can enjoy flexible working hours and there is no cap on the income. They are always looking for small business ideas with low investment. In order to help them, here is 20 Small Business Ideas with Low Investment.
20 Small Business Ideas with Low Investment in India 2019
For better understanding I have divided small business ideas in following categories.
Also Read – 151 Business Ideas from Small to Big
Best home based business ideas
- Tuition Class
The first best home based business idea is starting own tuition class. Tuition class is evergreen business. This business does not require big investment. You just need small place or room at home to start this business. You have to be very good at teaching to become successful in this business.
- Tiffin Services
If you are food lover and planning to start home based business you can opt for tiffin service business. In this business you need to provide tiffin services to the customer. The investment required for this business is moderate. Your food should be tasty and healthy to get quick success in this business.
- Insurance Agent
A person planning to start part time business from home can opt for Insurance agent as a career option. It is easy to become insurance agent. You just need to complete few hours of training and clear exam for becoming agent. As an insurance agent you need to sell insurance policies to the customers.
- MLM – Network Marketing
One of the very good home based business idea is MLM – Network Marketing. In network marketing business you need to help MLM Company in selling product or services. You also need to recruit network marketer under you. You can earn lot of commission income every month via MLM – Network Marketing business. You have to be careful in selecting MLM company else you may end up losing money.
- Recruitment Services
One of the most popular home based business idea is recruitment services business. In this business you just need data of candidates looking for Job. You need to refer a candidate to the company and get commission out of it. It is very good small business idea.
Best part time business ideas
- Accounting and Record Keeping
Account and recording keeping is among one of the best part time business ideas. This business can be started by a finance person with expertise in software. In this business, you need to keep records of all financial business transactions. You can get fixed money for this. You will need special training for this business.
- Day Care Services
Day Care services is becoming one of the most popular business option especially in the city area. Working couple are always looking or day care services for keeping their children. If you are good at handling small children you can plan to start your own day care services business. You require suitable place for starting this business. You may need to make small investment to start this business.
- Personal Chef
A Personal Chef is food based business idea for self-employment. If you are good at cooking food you can become personal chef. Many people opt for personal chef at home. They are ready to pay good money for good personal chef.
- Party Planner
Next Best business idea is party planner. If you are good at management skill you can become party planner. In this business you need to carryout management of party. In a metro city giving party for every occasion is a culture. You can consider this as a business opportunity and start your own business.
- Visa and Travel Consultant
Visa and Travel Consultant is another very good low cost business ideas. Good visa and travel consultants are always in demand. If you have deep knowledge and understanding about visa rules and geographical knowledge about various countries you can start this business.
Best online business ideas
If you are good at writing content, you can plan to become blogger and start blogging business. Blogging is among one of the best online business ideas. In this business, you need to show your expertise by sharing unique content online. You just need a domain name and hosting space. To make money online from a blog you need to gain large amounts of traffic from a specific niche. You can make money from the direct advertisement or by Google Adsense.
Vlogging is similar to blogging. In blogging you need to make content in terms of article while in vlogging you need to make videos on various topic and share online. The best way to share your video is youtube channel. You can earn money from Youtube Channel Partner program.
- Affiliate Marketing
Affiliate marketing is also known as associate marketing. It is online business in which you need to promote product and services of your associate company. If someone purchase product or services from you, you can earn commission. There are multiple websites that provide affiliate marketing program. You need to enroll in the program and place banner or link on your website. You need not worry about product shipment, customer handling etc.
- Stock Market Trading
Stock Marketing Trading is another best online business ideas. You can start this business anytime with small capital. Stock market trading business demands lot of knowledge and expertise. You have to be extremely good in trading to make a profit.
- Data Entry
Data Entry job is prototype job in which you need to enter data or fill up form as per customer or company requirement. Your typing speed and efficiency makes you successful in this business. There are multiple website that offers data entry job. You have to be careful in selecting data entry website. There are many fake website offering data entry job.
Retail Business Ideas
- Grocery Shop
A grocery shop is among one of the easiest and most lucrative retail business ideas. This business can be started with low investment. You can start this business from rented shop also. You will need local municipality clearance (shop establishment license) and GST number to start this business. Success of this business depends upon location, type of products and price.
- Ice Cream Parlor
Ice Cream Parlor is evergreen food based retail business idea. There are two main ways to start this business. First is manufacturing by own and second is taking franchise. Apart from shop you will need cold storage, power backup and other packaging material. You will need shop establishment license, GST number and FSSAI license.
- Hardware Store
A hardware store sells items such as power tools, building material, fasteners, keys, locks, electrical and plumbing items. This business demands considerable investment. You need to select a location in a manner where requirement of such hardware is high. Developing area could be one of the choice for such business.
- Stationary & Book Store
Stationary related items are widely used in school and in business. If you open stationary shop nearby school or business area, your chance of getting success in this business will be very high. It is moderate investment retail business. You do not require any special skill for opening this business.
- Xerox Shop
A Xerox shop with associated products like bookbinding, lamination and small stationary items is very good retail business option in India. This business can be started by any individual. The capital requirement of this business is very low. If you are planning to start this business it is advisable to start nearby school, college or office area.