The cost of setting up a new small business in India has never been so low. Especially for online businesses. Due to Technology, it becomes easy, affordable and possible to start your own business. All you need to start a business online is a phone, a laptop, and an internet connection.
No business has ever begun or begins as a million-dollar venture. Be it online shopping, social media, consultancy, education, fashion, Movies, Music, etc. Business today is everywhere.
In this article, I’ll discuss the best small business ideas in India with low investment. Today India is one of the fastest-growing economies in the world and a hub for IT and business startups.
Small Business Ideas in India with Low Investment
1. Education services:
Education service is one flourishing business in today’s world of growing inventions, knowledge, technology and competition.
This business requires more of skill, knowledge and networking and less of investment. I’m sure you must be skilled and passionate enough to ensure positive results and reputation.
2. Security Services:
We live in unstable times, so it’s no surprise that the demand for security services is rising at a stable pace.
Such security services can take place either online home and personal security or online.
3. Online Tutorials:
Today YouTube and personal tutorial websites have enabled artists and professionals to share their talent, knowledge and skills with their followers.
The biggest advantage is that this helps you build a reputation and image and helps you grow a reliable follower base. The earnings keep increasing as followers, shares and subscriptions increase.
The most popular online tutorials that you can see today are:
Cooking tutorials etc.
4. Antique Refurbishment:
If you like working with wood and beautiful, valuable things in general but don’t have the creative talent to create your own, antique refurbishing could be your ticket to success.
Depending on what exactly you do, you don’t need to invest a lot of money to get started, but you will need to travel across the country to get the best pieces of objects you can.
5. Event Planning:
The internet has enabled people to connect with like-minded individuals from across the globe, creating the perfect opportunity for event planners.
An event planner uses his or her organizational skills to organize an event like a wedding or a trade show. Money can then be made from entrance fees, sponsorships, on-premise sales to attendees, and other things. An online event planning business has high value with low investment.
These business ideas are the ones which are the most in-demand according to population and other national and international trends which have a direct or indirect effect on the Indian markets. Thus the importance and value of any of the above may tend to change as trends change with time.
Always remember that you need to be passionate about the business you choose and must be willing to see it through to the end.
Don’t choose a business just because it is highly in demand or switch between various jobs. You should have an undying interest in it. It will be mindless for you to start a cooking tutorial as it has a high demand, while your passion lies in technology!