Starting your own business is everyone's dream. However, many budding entrepreneurs see their dreams as blended in the bottle due to a lack of investment funds or profitable business ideas.
If you have some special skills, you can start your own small business with a small investment. While some such small business ideas may be carried on in your home, in some cases, you may need to rent smaller properties.
ideas for small businesses
Small business financing: Usually, small businesses start with any small amount of money you may have. Loans on soft terms are also provided by civil society organizations and credit unions. You could consider buying a loan to finance your idea of a small business.
Well-planned success: Remember, failure to plan planning failure. Therefore, plan your business well in advance of launch. Learn about the market for the product or service you plan to offer. In addition, familiarize yourself with your competitors and their contributions. Talk to people you trust and seek advice if needed. Additionally, build a database of your previous customers before launch.
50 New Ideas and Small Ideas for 2020
Once you have completed the above homework, you are probably willing to open your own small business with a small investment. Here are 50 new ideas for small business and low investment creation that we recommend starting in 2020.
1. Blogging
I am a full-time blogger. I started my blog in 2009. At first it took 1 year to learn blogging but after a year, I started earning some good money through blogging.
It was 2012, when I skipped $ 2000 from the blog. Today, I earn over $ 20,000 a month through blogging. There are thousands of people in India, the USA and around the world, who make $ 500 to $ 25,000 + a month per blog.
It is a great opportunity for people who are looking for a business idea for a low investment. You can start with as low as Rs 5000.
You can read this post on how to get started on your blog. There are many great ways to make money with a blog. You can read about these methods here.
You can also watch this video that will guide you with step-by-step details on your blog.
2. Reduction
This is a hot and new business idea in India. You can start your own e-commerce business but without much investment and without installing any product.
The good thing about dropping is that you don’t need to buy any product, unless you get an order from a customer.
Here are the steps you need to start a drag business-
Find a supplier like AliExpress, IndiaMart etc and bind with them.
Create an ecommerce website and write down what you want to sell to these providers.
Enhance your website with Facebook and another online marketing channel.
Get orders.
Place an order with the supplier and ask them to deliver the product to the customer's address.
Make a profit.
Your profit will be the limit between the supplier's price and your sales price. You can sell up to 3 times higher for the supplier price.
You can read this excellent descent guide to understand the descent.
3. Digital Marketing
This is the leading business in India right now and there are unlimited opportunities in digital advertising.
You can start a digital marketing agency, you can run a private business, you can start your own business, you can even advertise different products through digital marketing and make money.
However, you need to have good digital marketing skills before you can start any digital marketing business. You can learn digital marketing online or join a training center.
It is very difficult to find good digital training centers in India. Most people, who provide skilled training themselves.
Read this article on how to choose a digital marketing course.
I have more than 10 years of experience in digital marketing and offer free digital marketing training in Hindi on my YouTube channel. I have thousands of positive comments on my channel that prove the quality of this channel.
4. Network marketing
Network marketing, also known as Multi Level Marketing is a very good small business. However, you need to pack in well-known brands that offer good products.
An Internet search will reveal some of the major types of such products, whose products are in high demand on a regular basis.
Due to rising medical costs, people these days are looking at unhealthy products and healthy food products and supplements as well as skin care and beauty products.
You can grow your network marketing business by promoting its products in your friends' circles. You can also improve it online by creating a website.
5. Child care / child care
This is a small women's business that can start a home or small yard. The investment needed to open a childcare and childcare service is very small.
All you need to invest in is a few toys, grief beds and mattresses.
Add a few packets of disposable diapers, disinfecting lotions and a first aid kit. Nowadays, daycare and childcare are in high demand due to the increase in the number of working couples.
6. Ideas for Small Online Business
small online business ideas
There are a variety of small business ideas that can be made online from home or office. You can start many such ideas without investing.
We have already covered such business ideas here. You can check what works best for you in the list of 160 business ideas.
7. Mobile Garage- (Men's Small Business)
Everyone has seen cars, motorcycles, and motorbikes crumble along busy roads. Unfortunately the owner of these cars is having trouble figuring out where to fix them. In that case, you could offer a mobile garage.
For this business with low investment, you will need a car, a cell phone and all the necessary tools to repair a parked car. All you have to do is rush to the parking lot to fix it.
8. Aquariums and fish
This is a small business idea that you can incorporate into a small investment and into your home. For this trade, you need to buy a few aquariums of different sizes and different types of fish that are popular as pets.
You can also replenish the fish by storing special tanks.
In addition, selling air pumps, fish feed and decorative items for aquariums will bring you even more profit. Aquariums are also popular as gift items. However, you need to be able to manage different types of fish.
9. Nursery & garden needs
Once again, this is a great business idea for low investment. With increasing awareness of the environment, more and more people are now keeping small plants and plants in their homes and offices.
You can open this business in your home. Additionally, you can sell packets of fertilizer, seeds and other field needs.
10. Jams, cucumbers and sauces
As people become more aware of their health, the need for healthy, non-commercial pills, cucumbers, sauces and cakes is increasing.
In addition, consumers these days are wary of eating foods that contain chemicals of any kind. Given this situation, you can make jam, cucumbers, sauces and ketchups with traditional non-chemical recipes.
11. Stamps & Coins
cash business stamp
Surprisingly, this lucrative business is virtually nonexistent in India. Stamp collectors and coins are looking at the latest issues from around the world.
A few simple steps all you need to do is set up this small business that returns high returns.
Register with the post offices of various countries for a small fee to purchase the latest stamps. In monetary terms, there are specialized government offices overseas.
They will send you the latest stamps and coins sold at a good premium to collectors.
12. Animal care
Understandably, people are fond of their pets. However, while traveling on vacation or business, they are not able to travel with their pets. Therefore, people are looking for services that will take care of pets while they are away.
If you have experience in pet management, this is a great business to consider. Also, this is a small business that needs low investment.
13. Scented Candles- (Art business idea)
Let the art and sense of perfume run wild. Making candles is very easy. Aromatic oils are readily available. With some training and experience, you can make scented candles of all kinds, sizes and colors.
Nowadays, such candles are becoming increasingly popular for meditation and relaxation purposes.
14. Cakes and cakes
If you own a good oven, you can open a low-cost investment business to make cakes, muffins, cookies and other baking items.
This small business has great potential because consumers are always looking for new, better things at a lower cost. You will need good skills in preparing these baked goods.
15. Glaciers
to make ice cubes
Understandably, this is a complex business. In particular, as the ice cubes sold on the market these days must comply with the specifications set by the Food Safety and Standards Authority of India (FSSAI).
However, with the right equipment, clean water and proper packaging, you can enter this lucrative market for selling ice cubes in bulk restaurants and bars and selling to consumers.
You will need an FSSAI certificate for your snow doves.
16. Travel services
Providing travel and related services can see you make a quick profit. Bind long bus services, offer online bookings of train tickets and reserve hotels at various customer locations.
You can also add location views and other needs to your customers. You can work with a major travel agent or enter into deals with service providers and earn commissions for every booking you make.
17. The idea of a small business to start an Ethnic food store
If you happen to be familiar with the diversity of Indian communities, you can open a small ethnic restaurant with low investment.
All you have to do is buy healthy products on a long shelf, from retailers located in those specific regions and sell them to the communities you target.
18. Collection of medical sample
medical sample collection business
This is yet another fast-growing, small investment in India. It simply means collecting samples of blood, feces, ***** and sputum from patients, in their homes.
These samples are delivered to disease labs for testing and release medical reports.
Reports should be sent home to customers. You will need a car, equipment for storage of hazardous substances and skills in extracting blood samples.
You will need agreements and disease labs before you can enter this business.
19. Restoration of antique furniture
No one wants to part with antique furniture. Just because they have the emotional values attached. Replacing or repairing damaged antique furniture is one business to look at, if you have a sense of beauty and elegance needed.
You can also hire professionals to do the upgrades in your client’s area. Restoring antique furniture is very complicated and you will need very good staff.
20. CCTV and surveillance
Increasingly, people are becoming more and more aware of security. They want to protect their families and themselves from crime, **** and other crimes.
As a result, more and more people are installing CCTV and surveillance cameras in their homes and offices. This is a low investment and greatly returns the idea of small businesses.
21. Group services
party services
People form groups for a variety of reasons. They are held throughout the year to celebrate birthdays, anniversaries and other special occasions. With this low investment business, you can offer a variety of services.
These include decorating the venue, running games, mascot appearances, buying and packing return gifts, among others.
22. Address verification service
Banks, credit card issuers, and mobile phone companies often require verification of customer service addresses. They do so to prevent fraud and error.
This is a low-cost investment business that is in demand these days. However, you will need a car and you may need staff to visit the addresses of customers provided by the bank and other service providers.
23. The business idea of doing religious things
India has a huge market for the needs of adherents of various religions. These include images of gods, incense sticks, cotton cords of lamps, candles, prayer beads, and other small items.
Doing this at home or in a small area requires low investment. There is no shortage of customers for such things.
24. Posting a label and filtering
India Post requires that all bulk mail be addressed and sorted according to the Postal Index Number (PIN) postal code. Banks, listed companies in the stock market, many mailers looking for small businesses can provide this service.
Mostly, because they don’t need to hire staff on purpose. You will need a car and some staff to get into this small investment business.
25. Travel routes
travel tours
For those who live in big cities and tourist attractions, walking is a great investment business.
Foreigners and tourists alike want to experience the city by walking the streets, mingling with local people and hearing local things and sounds.
You will need to rent buses that will take your guests to a specific place where they will travel to visit places of interest.
26. Imported products
Indians return home after international travel often to buy items they can sell locally. They do so to cover the cost of their foreign trip
The products they sell include perfumes, cosmetics, cigarettes, alcohol, chocolate, food items and T-shirts among others. The enthusiasm for foreign goods in India ensures that you have a good market for your goods.
27. Soy Products
These days, a growing number of people are moving vegan. Soy products such as soy milk, tofu (soya curds), soy flour and soy stems provide something better than meat.
Producing soy products is easy, as long as you have the necessary equipment. It is also a small investment business. You can get a small loan to start this small business.
28. Different creams
Some years ago, people would not have liked the idea of ice cream made from tomatoes or capsicum. However, creams that are not different in this way are becoming more popular these days.
Unfortunately, rare ice cream makers are few and far between despite the huge market. If you are brave enough, enter this low investment business of different ice creams.
29. Used laptops
Considered a luxury some years ago, laptops are now widely available. Shopping trends show, people sell their used laptops and buy those with the latest features and high-end upgrades.
However, there is a huge market for used laptops. Buying, renewing and selling a used laptop is a low investment, a very lucrative business to consider.
30. Signing boards
In general, there are two types of signboards used by businesses and stores: Painted and Neon. Every small business and commercial area needs signature boards.
The need for creative boards but with low costs that effectively market the business. Manufacture and supply of sign boards of all kinds, depending on the details of the business owner, the desired business year-round.
31. Power supply
Every business needs more staff almost every day. This is especially true of restaurants where staffing rates are very high.
Guards and cooks leave temporarily or simply resign. This puts the business owner at greater risk.
In some cases, households also need cleaning staff. With some ingenuity and low investment, you can help restaurants overcome their staff problems and earn a good salary almost every day.
32. Provision of stationery
Schools, colleges and other educational institutions and businesses need more stationery. These include customized letterheads, business cards, envelopes, invoices, receipt books and other motley.
With a little investment in some of your contacts, you can get into this green business. You will need contracts with the printing press and a few samples to include this useful work.
33. Audio and video recording
Millions of people across India have audio and video recordings of their favorite music, movies, and recordings. However, audio and video cassettes are now rare.
These days, DVDs and digital forms of music storage are popular. If you have old record players, audio and video cassettes, you can get into the business of making digital recordings old.
You will need to invest in equipment that allows you to copy audio and video formats from older formats.
34. Garden services
Individuals and homeowners who own gardens are often unable to visit their favorite and sometimes expensive plants, trees and grasses.
Therefore, they are looking for small businesses that can do the job they need.
You will need to invest in other agricultural inputs and hire workers to get into this small, year-round business.
35. The splendor of the images
pictures of glamor
Without a doubt, every man and woman wants to look their best. Attractive images are used for many purposes: Applying for jobs such as models, actors and actors, a team of flight attendants or a wedding.
For those who have a keen eye for photography, good photography is a great business venture with a small investment.
You will need to purchase a professional camera and related equipment. Photography can be done at the client's residence or in public places. Alternatively, you can rent a studio for an hour, if needed.
36. Caregiver Service
Affected elderly people and people in hospitals need caregivers. Mainly, because their relatives are too busy to take care of their own needs. Caregiver services are increasing rapidly in India.
Understandably, you will need some staff to provide that service. A few unemployed women and men are interested in working as caregivers of service providers.
37. Computer starred stars
Understandably, this is one of the most common investment businesses in India. All you need is a computer with the necessary software, a printer and a good horoscope printing paper.
However, in the world of superstition, computer stars continue to be popular. The reason is simple: People do not rely on results from just one computer.
They wanted more stars from different sources.
38. Business gifts
India has a rich tradition of corporate gift giving. It goes on all year. Business gifts include pens, wallets, cups and many other items given to employees and co-workers.
Usually, these items are printed with the company name and logo. With enough samples and contacts, you can also open this business with a low investment.
You will need various products and their samples to show to customers.
39. Packing services
packing services
Small and medium-sized businesses often do not have a separate department for packaging their products. They hire people- who are often dishonest.
Or, they offer this job to small business owners who can pack their belongings with care while sticking to the last times.
To get into this business, you will need enough packaging materials such as boxes, binding machines and cutters and actually power.
40. Homemade chocolate
With chocolate making skills and a small investment, you can get into this idea of a small profitable business. Homemade chocolate is sold in almost every cake shop and gift shop.
They are in great demand because their taste is very different from the many varieties produced in the market.
Several companies order home-made chocolate to send as gifts to their business partners. Such chocolates are also in demand during the festive and wedding seasons.
41. Name plates
A common practice around the world is to install a personal name plate outside the door of a house or apartment. In addition, people also put big names outside buildings, residences and bills.
They choose word plates that are artfully designed or simple. Making these word plates is a small investment business anyone can easily start. The demand for these plates is year-round and you can make a good profit with your involvement.
42. Wedding dresses
In the past, wedding garments were an integral part of the Christian community. Over the years, however, the concept of wedding dress has become quite popular among people of other religions.
Bollywood movies have also contributed greatly to the expansion of the wedding dress.
For men and women who have the ability to design fashion, making wedding gowns is a good, low-cost investment and high return small business idea.
Plus, you can also donate some fashionable clothing to ensure a year-round income.
43. Chips and cakes
Chips and wafers are used almost everywhere: cinema halls, schools, home, bars, buses and trains. The list goes on and on. Producing chips and wafers with potatoes, green bananas, jackfruit, tapioca and other starchy roots is very easy.
The necessary resources are inexpensive.
However, you need to ensure the proper availability of immature items and you have good packaging. Typically, shops and bars order multiple chips and wafers in bulk.
44. Idli and dosa batter- (A good idea for a small business in India)
The foundations of southern Indian communities, Idli and Dosa are now popular throughout India. However, not everyone can prepare the batter needed to make these dishes.
It requires the right combination of rice and grains.
The batter should also be placed in the right place to ensure that it gives a good taste to Idli and Dosa.
Packaged Idli and Dosa batter are fast becoming popular, with many stores keeping multiple packages for their customers. Setting up a batter to produce a unit from home or a small area is not very expensive.
45. Air conditioner maintenance
Nowadays, air conditioners are a staple in many families and in many offices. Therefore, there is a growing need for small businesses that can provide better care for these expensive equipment.
Styles these days point out, people are willing to sign annual contracts to repair their air conditioners.
All you need is some basic equipment needed to work for air conditioners and skilled workers. Acquiring the skills and care of air conditioners- especially windows and partitions - is very easy.
46. Rental of motorcycles and motorcycles
Tourists, retailers and small businesses consider renting motorcycles and motorcycles while visiting a city or town.
Renting two such wheels saves valuable time and provides easy mobility. With a little investment, you can open a motorcycle and a motorcycle rental business.
You do not need to rush to buy more cars. Two wheels will be enough to start. However, you will need to obtain the appropriate licenses, insurance and permits before renting these vehicles temporarily.
47. Staff background assessment
With more places in India experiencing higher labor migration, a number of companies are now investigating laboratory tests. That is, they verify the information provided by the job seeker through the external agency.
Checks include verification of work experience and educational qualifications. This is an easy and low investment business that should be opened.
You will need a database of companies that require a background check of employees, computers and a home phone to open this small business idea.
48. Handicrafts - (Vision of Small Businesses in India)
handicrafts small business
A very small investment business with which anyone can start buying and selling handicrafts. Usually, handicrafts are done in rural areas.
However, glamorous showrooms charge very high prices for items, often finding themselves cheaper.
You too can enter this great market by buying handicrafts from various regions near you and selling them at low prices.
Once again, the market for handicrafts remains high because they are also offered as gifts or used for home and office decoration.
49. Skin Therapy and Beauty- (A small business idea for men and women)
Increasingly, men are increasingly fond of beauty. For men and women who are skilled at providing skin care and beauty, opening a small service provider is a great way to invest.
You can create treatments for light skin, anti-aging and facial expressions.
This business can also be opened at home, as long as you have enough space and customer privacy. Offering herbs and natural remedies will help you stay ahead of the competition.
50. Mushroom harvest
mshroom harvesting business
Mushrooms are considered a delicacy and bring high prices on the market. They are as nutritious as food.
Therefore, the governments of various Indian states provide subsidies and resources for people who can harvest mushrooms. This is an idea for a very small investment business.
You will need to set up a green house and controlled temperature to get the right yield. Mushroom seeds are readily available in government cooperatives and agricultural stores. Most customers with mushrooms are readily available.
Extra: Broken glass
No matter what it may sound like, there is a huge market for broken glass. Millions of reusable glass bottles, as they are discarded daily in India.
Broken glass shards are used to build compact walls of bungalows. They prevented the robbers from climbing the compound wall so that they could enter the bungalow.
Glass shards also prevent reptiles such as snakes from sloping over the compound wall. Warning: Dealing with broken glass can be dangerous and must be handled with extreme care.
Extras: Apiary and honey
Here's one great idea for a small business with a small investment, as long as you have a garden or an open space. Setting up an apiary to breed bees is not expensive.
You will also need basic equipment to extract honey from bee cakes. Homemade honey is expensive.
Royal Jelly, which is produced by the queen bee, is priced higher in the market for individuals and medical companies.
Before investing
Remember, having enough money to invest in a small business of your choice is not enough. You also need the skills needed to ensure proper functioning.
Before embarking on any activity, you should be familiar with the licensing procedures and other applicable laws.
It is better to legalize your business because it can help you get a loan and support in the future. It will also protect you from any accusations.
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Good business ideas
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