Small Business Ideas with Low Investment and High Profits (SMALLBUSINESSIDEASWITHLOWINVESTMENTANDHIGHPROFITS)
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Small Business Ideas with Low Investment and High Profits
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Small Business Ideas with Low Investment and High Profits (SMALLBUSINESSIDEASWITHLOWINVESTMENTANDHIGHPROFITS)
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Acsess Business Academy
If you dream of clocking out of your nine-to-five job for the last time and becoming your own boss, you’ve probably considered a variety of small business ideas. But, while you have plenty of passion, direction can be hard to find.
I learned what works in business. And I learned what doesn’t...
small business ideas with low investment and high profits
how can i start a business
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Small Business Ideas with Low Investment and High Profits (SMALLBUSINESSIDEASWITHLOWINVESTMENTANDHIGHPROFITS)
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Small Business Ideas with
Low Investment and High
Profits
FOR
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.
,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.
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