Business Ideas In India With Low Investment: Have you ever wondered how to start your own business? Maybe you have the idea of an exciting new product or service but don’t know how to implement it, or maybe you’re looking to create a more stable form of income by starting a side business that has nothing to do with your day job.
Business Ideas In India With Low Investment
No matter what your reasons are, starting your own business can be a great way to take control of your future and make sure that you’re happy with what you do every day.
1) Starting an online clothing business
Whether you’re an individual looking to start a side hustle to earn some extra cash, or a team of entrepreneurs aiming to make it big selling online, one of these business ideas can help you get started. Remember, successful businesses aren’t happenstance, so don’t be afraid to tweak your idea to truly make it your own. What business ideas do you have?
Write about them in comments section below ! (300 words) If people are not interested in clothes, then why should we think that they are going to purchase online clothes when there is no availability of options and varieties as compared to those available at market places? People often face problem while purchasing clothes due to less option which compels them buy what they find on that particular day otherwise they need to come next day.
Many times even after finding options customers become unable to make decision while purchasing any kind of product specially cloth because they hardly rely on instinct while making choices but rather on choice based on previously made decisions made by peers and well-wishers. This might cause frustration among buyers and needs psychological care.
2) A gift card exchange service
A clever business idea to do in small towns is to start a gift card exchange service. This is especially attractive for people who have children in college and don’t want to drive an hour into town every time they need groceries. It’s a simple business model, as you can see from our detailed instructions on starting one .
You will provide a certain amount of money for your community members that are looking to trade their unused gift cards for cash, or you will buy those gift cards off them outright at close-to-retail value. You can locate businesses that accept unwanted gift cards and be able to resell them at retail price elsewhere online; it may take a bit of sleuthing, but it’s well worth it.
Alternatively, if there’s no local store to trade with, you can simply sell them directly over ebay or craigslist. To get started all you need is $1000-$3000 plus some basic office supplies such as paper and ink cartridges etc. Once you get going, you’ll find new customers coming through your door by word of mouth almost daily!
3) Starting a laundry service at home
Many people do not know how to use a washing machine and opt for hiring Laundry services. The business idea of washing clothes at home can be started with a low investment of Rs. 3000. Get your local domestic machine repaired or buy one depending on your capacity and expertise and set up a laundry center in your vicinity. Provide leaflets to advertise your service in residential areas.
Hire two workers who will wash clothes either by hand or by using machines; collect their charges separately and start earning profits from it. You can also hire contract workers to work for you if you are finding it difficult to manage both laundry work and other responsibilities in your life.
Your cost of establishment would range between Rs 5000-10000 and expected return rate is 15%. It is a good business venture as there is always an increasing demand for home based laundry facilities. This business can be done only during weekdays as weekends may not give enough time to earn revenues over costs spent.
4) An online grocery shopping app
Online grocery shopping apps let you order groceries from home and have them delivered directly to your doorstep. While a relatively new idea in India, it’s great for busy professionals who don’t want to spend their evenings at home running errands—especially if they want to avoid crowded stores and long lines. A grocery shopping app like BigBasket connects customers with delivery partners who come to their homes or workplaces and deliver their orders.
You can even track your delivery as it arrives! Like most business ideas, an online grocery shopping app takes some research and a lot of hard work before it’s ready for market. But if you think you have what it takes, start brainstorming how you could make BigBasket work in your neighborhood. Just make sure you do your homework on legal issues first: In 2017.
There were lawsuits against several food-delivery services claiming unfair competition between local shops and e-commerce companies that provide food delivery services. Before building anything in India, always consult a lawyer familiar with foreign investment laws.
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5) Selling High-quality Handmade Products on Etsy
Consider selling handmade goods on Etsy, a global marketplace for arts and crafts. From bracelets to phone cases, rings, furniture, and more, Etsy is perfect for anyone who makes or creates something. As long as you have enough supplies on hand (think: fabric, thread, beads), you can sell your wares on Etsy – and earn extra money.
The best part is that you don’t have to physically craft each item yourself; you simply link up with sellers who can make them for you! Pass Your Series 7 Exam: Given all of these lucrative benefits, it’s no wonder why so many people are going out there and taking their Series 7 exam.
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6) An online coupon aggregator/deal website
Online coupon aggregator sites are sites that take discounts from retailers, manufacturers and businesses and combine them into one package. You can find coupons for clothing, pet supplies, food and beverages and more. These businesses help shoppers save money without having to search every individual retailer’s site for a discount code.
Since they’re often receiving cash back on each purchase through deals or affiliate marketing agreements, it can be a great way to start a business on low investment. An online coupon aggregator/deal website is just what it sounds like: a website that offers packages of coupons from many different retailers—and lets you choose how much of your shopping budget you’d like to spend in those stores.
When someone clicks on your coupon, you earn cash-back rewards based on their purchase at that store. And since you aren’t technically endorsing any products (because customers aren’t getting anything directly from you), there isn’t much regulation around doing so; which means you can get started with relatively little capital behind you. Consider partnering with local businesses in your area if possible; bringing local commerce together will both support neighborhood shops while saving consumers money.
7) A small farm selling fruits and vegetables door to door
Most people think of agriculture as something that requires huge tracts of land, but actually a lot of agricultural business are run in urban areas and use small plots of land to grow produce. A great example is community-supported agriculture (CSA) where families pay a farmer in advance for a season’s worth of produce. This means that farmers don’t have to make all their capital up front and can build up their businesses more slowly.
Another way for city-dwellers to get involved with small farming is by starting vegetable gardens or raising chickens. These activities require relatively little space, can be started on a budget, and can be very rewarding both from an educational standpoint (and knowing where your food comes from) and a financial one (getting fresh eggs is always nice).
Also Read: Business Ideas In India For Beginners
You’re now ready to approach online clients and land freelance jobs that pay well. Keep in mind, it can take some time to get your first job—but once you do, don’t be afraid to put yourself out there, build your portfolio and you’ll be writing professional posts like a pro in no time.
If you have any questions along the way or want an opportunity to practice your new skills, feel free to contact me. Good luck! Mission Accomplished !!!