Top 5 most profitable business with low investment
Starting up a business is never an easy task. There are so many things which are to be considered while opening up a business such as land, labour, type of business, location, capital etc. But the most important thing is the investment says Gaurav Mohindra. Yes, money or capital really plays a very important role while opening up a business and therefore, people often get confused about which business they should start with while having a small amount of money in hand. Niece, following are some of the business options that can be open up with small investments:
1. Candle making :
One of the best businesses which you can go for is the candle making business. Candles are used in large numbers and are in huge demand. There are multiple purposes for which people need candles. Moreover, these days, there are a variety of candles available in the market and people often look for new designs of candle. Candle making business requires a very low investment and can be opened up for a small amount of around 30,000-40,000 INR. Hence, you can now open up your own small scale business and earn huge profits without much risk and stress.
2. Fashion boutique:
Fashion and clothing has always been in huge demand in the market. There are people who love to buy new clothes in order to maintain their status and looks. Girls are very picky in their outfits and try to get the trendy clothes whenever possible. Even men these days do not look for the budget while buying clothes says Gaurav Mohindra. So here is another business which can be opened with a very low investment but can help you earn huge profits. All you need to have is the uniqueness in your clothing. Fashion boutique is really in huge demand and can be operated for a small amount of money.
3. Delicious bakery :
Bakery is another option available for the people who are looking forward to opening up their own business with a low investment. Cakes are always the favourites of people. On every occasion, people tend to cut cakes and celebrate. These days, the demand for muffins and cupcakes is also increasing, and this is the reason why bakery dealers are earning huge profits. Now, you can also earn huge profits with your very little investment. Open up a bakery right now and offer good services and delicious cakes to your customers and rule over the market.
4. Social Media Management Services:
There is no doubt that these days, social media is playing a very great role in the lives of people. Whether these are our big celebrities, or we talk about normal common men, everyone is trying to manage their social media accounts with great efficiency and effectiveness. People with great fan following always try to maintain their social media with beautiful pictures and graphics but not everyone has enough time to maintain their social media accounts. And this is the reason why social media management services are leading in the market. People who are providing social media services are earning huge profits by investing very low says Gaurav Mohindra. So here is why social media management services could be the best business option that you can choose for a low investment.
5. Selling handmade products :
Each one of us has our own talents and skills. There are many people who are blessed with the skill of making handicrafts and art. So if you are one of those people who have that artist and crafting person in them, then you can choose to open a handcrafts business with your limited investment. You can definitely earn huge profits from this business.
About the author
Gaurav Mohindra from Chicago, IL is a sought after and highly experienced lawyer with a demonstrated history in the legal services industry. Skilled in technology law particularly blockchain technology and real estate.