Q] Which is the most profitable business with low investment? A] There are various business in the market which can be boom by various reasons such as area,content, material,services etc.
But below are the few business idea which most profitable with low investment:
1. Catering:- It is hard to imagine people ever getting tired of eating! Restaurants and local food joints are very common on our streets, yet newer ones also open up. All types of cuisines are welcome and experimented with. Restaurants may need a large capital investment but small local joints do not. If you have the talent and taste for cooking and do not want to invest in renting any sort of a place, then catering is a great idea.
One can take orders, cook at home and deliver it to the required location. Catering is, in fact, one of those small businesses that experience a faster growth rate than many others. Supplying food for parties, corporate office lunches or even delivering at railway stations are some of the best ways to begin and expand on this business.
2. Travel Agency:- The tourism industry is on a high with more and more people exploring new places, taking vacations and traveling. The world has become more accessible and this is a great time to start a travel agency since there are always clients out there. There are many host-agencies that offer tie up with them and help in almost all the back-end work, such as, giving offers, booking tickets and so on.
The investment of signing up with these agencies usually does not exceed more than 7000 to 8000 rupees. One can either operate from home or an office.
3. Tuition's and franchises:- Tuition have always been an integral part of the Indian education system. Many parents put their children in tuition classes. The classes are either to finish off their homework or prepare for their exams. If you enjoy teaching, then opening up a tuition center in your home is an excellent idea. Tuition at home or centralized centers that hire teachers are one of the most successful small businesses.
Also, a number of educational institutions offer franchises. With an initial investment, the study material is provided by them. Taking a franchise and operating under their guidance is also perfect for beginners
4. Interior Designing:- To become an interior designer one needs a creative mind. There are short courses for learning the subject, but if you are someone who likes rearranging your furniture or help your friend set up a new house, then interior designing may be a good business venture for you.
5. Retail Business:- Retailing includes a vast spectrum of the economy, however, it is also very doable if one is looking at starting a small business. Buying products from wholesalers and then selling them either online or by word of mouth requires a small investment. Also, there are certain products that are specific to particular regions of the country. For example, bandini cloth is made in Gujarat but not easily available elsewhere.
6. Blogging:- Blogging requires a knack for writing and needs the least amount of investment. Armed with a laptop you can write from the comfort of your home, monetizing your blog and market it on various social media platforms.
7.Recruitment Business:- There are those who are looking out for jobs and those who are seeking employees. In such a scenario, setting up a recruitment firm is beneficial and in demand. The firm acts as an intermediary that brings together employers and employees on one platform. This requires minimal capital but a good knowledge of the existing professional market.
8.Event Management:- If you are good at multi-tasking, managing and following up on different things, event management is your piece of cake. This business venture requires you to have contacts with various workforce and creative ideas to plan an event and manage it well. Again, it requires not much capital and your work speaks largely for your talent and management skills.
9.Smartphone Sales:- Remember how every corner shop was once a phone recharge center when we were growing up? Today though most recharging is done on the phone itself shops that sell and repair smartphones have become the need of the hour. Every household has at least more than one smartphone and though there are online shops, phones are still largely bought in person. One can tie up with service providers and train in repairing the phones. With a basic understanding of the device, one can set up a smartphones shop and repair center, which is today one of the most profitable small businesses in India.
10. Skill-based classes and boutiques:- Though this is most relevant to women, men too can try their hand at it. In fact, anyone who has a talent or knows a skill better than others can impart their knowledge through classes.
11.Uploading Videos:- Social media platforms such as YouTube and Instagram are taking the world by storm. Uploading videos can actually fetch you money and is a successful and profitable business.
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