300+ Best Small and Low Investment Business Ideas
Best Small and Low Investment Business Ideas
Small business ideas with low investment and high profits for men and women:
An entrepreneur fights for the capital that will enable him to successfully implement 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 is thriving and profitable.
A business idea with low investment is highly desirable. However, most people are not sure what these thoughts would be and how they might fit into their scheme of things.
Here is a list of profitable business ideas with very low investment that might appeal to you.
Successful ideas for small businesses
Great investment business ideas
Top 10 most successful small business ideas:
What was your favorite subject at school? Did you sail through math like a wizard or did you have a special chemistry with chemistry? If so, a room, a few chairs, a board, a marker and a duster are all you will need to start teaching the subject. If you know a foreign language like French, Spanish or German, you can easily give lessons in such languages and start a small business without much investment. Foreign language classes are always in demand by students and professionals alike, so as an entrepreneur you don't have to worry about the pipeline running dry. The idea is not just about low investment and high returns, it also has some sense of cash flow and predictability of demand. You can also start a very small business loan for such businesses and there is no dearth of avenues from where you can get a basic loan to start this type of business.
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2. Event/Wedding Planner:
Weddings never go out of style. Whether the economy is booming or in recession, there is always a market for weddings. To top it off, weddings range from "big fat Indian weddings" to very private gatherings. To put things in perspective, the Indian wedding market was estimated to be around $50 billion (about 33,000 crores) in 2017 and is growing at a rate of 20 percent annually. This presents a huge opportunity for wedding planners who can provide wedding themes, planners, decorators and caterers and flawlessly plan and organize the entire wedding ceremony. It requires an initial capital investment for staff, logistics and layout, for which you have a plethora of small business loan options. Although the initial investment is low, the returns that can be made once the business scales up are substantial.
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3. Cooking courses:
If the popularity of shows like MasterChef is any indication, cooking classes can 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, allied infrastructure, raw materials and cooking ingredients. Anyone who believes in the potential of this business would have to make a very low initial investment. They can take advantage of small business loans from a variety of financial services companies. Once the cooking course is set, the owner can run multiple batches in the same device. Thus, Capex investments are limited and small investments in working capital would be sufficient to run the business smoothly.
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4. Driving school / taxi service:
If one has good driving skills and can buy a vehicle like a car, driving lessons can be given to people. With the same vehicle, one can train 10-15 customers in a month and earn a decent amount with minimal investment. Taking out a small business loan and buying a car doesn't have to be too difficult. Part of the earnings from the driving school can be used for repayments to service the loan. Depending on the savings, the fleet can be expanded, more driving instructors can be hired and business can flourish. A person can also use a small business loan to purchase a new car. If he has the required driving skills, he can sign up for a ride-hailing service like Ola or Uber. Once he does that, he can offer rides through the ride-hailing app and earn money to pay off his loans and save for further business expansion.
5. Catering operation:
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Everyone enjoys good food. A food business is never out of demand. All occasions like birthday parties, weddings, anniversaries etc. have food on offer and caterers are in demand to ensure that the food served is delicious. For a catering service, you only need a kitchen and a few employees who cook, serve, deliver and manage logistics. Have you always wanted to own your dream restaurant chain? You can start a catering business as it is relatively low investment and high return. You can use loan for Capex investments and slowly build a great business. Given our country and the celebrations, rituals and events we host throughout the year, catering services will always be in demand. It is one of the best small investment ideas in India.
6. Fitness centers:
More than 65% of India's population is under the age of 35. The youth are healthy and many of them are members of a fitness center or gym. They love going to the gym and burning off a few extra calories. The remaining 35% are also many fitness enthusiasts and health conscious people. Anyone who has trained in the field of fitness can start a fitness center. Space or infrastructure and equipment can be leased or purchased. The space can be used almost 16 hours a day because people like to go to the fitness center at different times of the day. The idea of opening a fitness center is a business idea with low investment. Even if the person interested in opening this center cannot afford it, he has several options available to use a small business loan. It is a very profitable business idea because fitness center subscribers find it difficult to visit the fitness center regularly, but most of them pay an annual subscription.
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