Most of the people say that a profitable business idea also needs a bundle of cash. If you believe it then you are wrong. Many successful businesses with big profits are once a startup that started with Less investment. You can’t just sit by Thinking that you don’t have money to start a business. The current generation is mostly about startup ideas. Here we mentioned the best business ideas with low investment have a look.
This is the new trend now in the market. The idea in this concept is to start your own e-commerce without a huge investment and without storage spaces for stocking products. The best thing about drop shipping is you do not require to buy products until you get an order from the consumer. We all heard about dropshipping business but what you need to do for starting a dropshipping business?
- You need to discover suppliers such as intimacy, AliExpress to tie up.
- Design an eCommerce site and list what you like to sell from your suppliers.
- You can promote your website by using Facebook, Instagram and more online marketing channels
- Get orders
- Place your consumer order with the supplier ask them for delivering a product to the address of consumers.
- Make revenue and profits.
Your profit could be margin within the selling price and supplier price. You can Charge thrice the price of your supplier.
2. Digital Marketing
This is another trending business right now where there are many changes in digital marketing. You could begin a digital marketing agency where you also begin a freelance company and can start your own startup so you can promote unique products throughout digital marketing to make money. You should have the best digital marketing skills where you promote any company over digital marketing. Yet, there are many training centres and online courses to learn digital marketing.
Detail focused, meticulous, introverts could become the best coders. Coders need to be focused and patience which makes the best option for the introvert for self-employment. Coding is the best niche which is in huge demand where much of your work can be done from your home by working as a freelance coder.
4. Online Tutoring
You can hear about your own tutoring business online. So you can explore intelligence by offering assistance to people. Online tutoring is not only about tutoring education. You can tutor any skill which you like. You can tutor how to play guitar, cooking, gardening, editing pictures and more. You can communicate with your students by skype, phone or by email. You can charge by the hour or by week, month and fee can be rather as per student requirements.
5. Life And Business Counsellor
People love to hear and like to speak about their life for hours. Where Introverts have a calm demeanour and think before they speak or act and utilise thoughts and analysts to include a visual dimension to every situation.
Their potentiality of listening closely to people and internalising events make them best career consulates. V Nelodom who is life and business coach started a journey in 2009 by improving people’s lives through coaching. Her empathy and listening skills steered her to helping others. She always said that ” no one needs a certificate for calling themselves a life coach”. Entrepreneurs, movie and sportspeople will work with life coaches to develop a strong life and mentality. In countries like the USA, most of the teenagers are accompanied with a life coach by their parents or by schools.
6. Fitness And Meditation Centres
We live in a place where we forget to take care of ourselves. This world is busy running behind and away from people. No one thinks to calm down. Why don’t you calm them down? These days people are going through many mental and physical stresses.
So, to avoid these people are looking towards gyms, meditation or yoga centres. Begin a Gym with a few vital types of equipment at the best place which could make a profitable business venture. Yoga and meditation centres are also filled with people these days. To start a yoga or meditation centre you need a quiet or best place. If you are a yoga expert you could teach them or else hire meditation and yoga experts.
7. Selling Pictures
You could come across photos with bookmarks like Shutterstock, photo bucket which holds for a real reason – top-quality pictures. A high-quality picture can easily be sold out for a good price. You can start this without high investment. If your phone camera is good you can sell pictures easily. I even tried this but no one bought. I blame the camera quality of my phone. So, you need to ensure that you are uploading good quality photos. Or else you are not going to make money by selling pictures online where those photos can be utilised over the site and more online platforms.
8. Stock Trading
This is the best option to earn more money. So, begin stock trading with low money and try to make that money work for your business. Before beginning stock trading, collect knowledge about the share market. So, you can make money by easily trading stocks. This is a high gamble, high-risk fields which needs experience, luck too. You can hear many success stories and disheartening stories too. If you are thinking to go with trading you could think about falling over your face. This even needs a few skills for a great amount of income.
9. Event Organizer
Beginning a small business which organizes events can be a good idea yet this can need special workers and the ability for the same. The essential skills for this company are your event management and personality skills. It’s like wedding planning which needs a huge amount of hard work for acquiring first clients
in this business where the scale is based upon the value which is included in the main set of clients. Word of mouth marketing, which is a huge resource for publicity in both companies can help you. But event management could grow rapidly as it serves a huge audience. Where wedding planning needs to deal with a niche that is vertical. For client meetings to birthday parties are handled by expert event managers. Most event planners begin their business from home itself. This could be the best model for setting an event planning company where it keeps overhead charges in needed early stages of business to increase productivity.
10. Wedding Planning
As we are discussing event planning I thought to discuss wedding planning too. Weddings are the biggest celebration in India. It is a thing which is never offseason. So, with the best managing skills, you could earn a lot easier. The best part of this idea is to give, take and earn too. Wedding planning started with fewer investments and ended with high returns. Wedding photography is also another thing to look at. Nowadays weddings include many celebrations like Haldi, sangeet and more based upon the culture. So you can be hired for capturing any one of the events. Again connections are needed to get clients in your early business.
11. Bloggers And Freelance Writers
If you have a certain interest but don’t have an idea to turn it to money. You can blog about it. Most successful entrepreneurs definitely found success by blogging. A successful blogger needs marketing, copywriting, editing and writing. It can support getting the best content marketing skills like knowing to design content to engage readers and reaching clients goal and finding how much content to give with google analytics skills too.
So, you need a quality internet connection and computer. There are several platforms to build a blog for you so you just need to include information and what you are blogging about and begin writing.
12. Technical Writer
Naturally deep thinkers along with tendency link things in minds. People who have the best knowledge about technology make the best technical writers. A technical writer writes content for online help, software user guides, instructions designs, job aids and faqs. There is no certain academic route for developing skills like technical writer except writing and potentiality to get technology software quickly.
13. Handmade Chocolates
India will be on the top in terms of chocolate consumption. It can be bitter or sweet chocolate aways change our moods and the best stress buster. Not only India every country people loves chocolate. Even chocolate confectionery is hugely popular. So, making chocolate could be a lucrative chance to start with low investment. Approximately 40,000-50,000 could be needed to buy raw materials and for packaging. If you are thinking to deploy machinery for big production to make volume production easier with cooking and mixing you need to invest 2-3 lakhs.
14. Paper Bags
Some day people don’t like to see plastic around them. Which make them look at paper bags by ditching plastic covers. Paper bags used for packing food items, shopping used, jewellery, medical items and more. Paper bag manufacturing could be started at low investment. Automatic Paper bags manufacturing machines begin at 3-5 lakhs at good capacity. So, choosing the best machines reduces manual labour and workers which can also save you money.
15. Organic Markets
We all know about markets which are filled with veggies, fruits that are grown with many pesticides. These days people are looking for organic stuff. Most of them raising vegetables and fruits all by themselves in their houses. You can also do this. Rent farmland or fill the outdoors or your house with vegetables and fruits.
Grow them in a proper organic manner without using pesticides or harmful chemicals. Talk about this with your friends, family and neighbours and inspire them to buy your organic veggies. A word mouth can do wonders for your business. You can start home delivery service at the very start then you can rent a place to sell all your organic vegetables and fruits. Start with two to three vegetable types and maximise the count.
16. Errand Services
As we said people are too busy. Handling professional and personal life can be tough fur many people. So many people don’t have much time for grocery shopping, mailing packages, making returns and more. An individual could help their clients with these kinds of time-consuming errands. So they can get free time to do vital things in their life.
17. Affiliate Marketing
This is very trending and low investment business ideas but it needs long term vision and dedication. You need to promote other business services and products to earn a commission. You just need to begin a website or blog and certain services or products you desire to promote. You should attract many people to your site to make them buy products from your affiliate partners.
Photography is defined as a business which is in raise. The photographer is always in demand either in professional or personal life. Either it’s a wedding function, book launch, promotions you need best pictures. If you like photography and click everything that comes in your way you can invest your energy and time in this field. All you need is the best camera.
You can work as a freelancer or could tie-up with a photography organization. Social media can also help you. Yes, click your friends picture and tell her to post picture in her social media accounts by tagging your account. Do the same with more friends. Ask people to DM you for a shoot. People who are interested will Dm you for clicking their pictures. From then, you can get money and even give you more clients to develop as the best photographer.
19. Catering Business
Workers and bachelors don’t get to time cook yummy meals. Even old people and sick people can’t cook daily. Which us why food delivery business is doing more than great. Start your catering service in your city or locality. If you are not a good cook but have ideas then you can hire a cook and start cooking from your own home.
Do you have any business ideas?