Today, due to population explosion, our country is dealing with the problem of lack of job opportunities. India’s educated youth is suffering in this harsh situation. Amongst all this, we can still see the ray of sunshine. There are many young and talented people, with good potential, quitting their 9 to 5 jobs to start their own companies. They are dealing with the lack of job opportunities by creating them.
India has been ranked third among the budding startup companies of the world. Still, the small towns narrate a completely different story. People are really reluctant towards the concept of a startup. But we can expect changes in the mentality of people in the coming years.
Here, we are listing the top 10 low investment business opportunities ideas that can help you.
1. Food Truck – Most of us are aware of the concept of a food truck. We have our age-old ’thelas’ which are not really different from these trucks. The only difference is that food trucks can be available to us, anywhere and everywhere as these are mobile. Another reason for food trucks being famous is that they provide really unique cuisines without burning a hole in our pockets. Food trucks are a really good startup option which can grow more in a couple of years.
2. Bookshop + Café – The combination of a bookshop and a café has been a hit in a few big cities in the last few years. People love spending their time amid books with a hot cup of coffee. As the dating culture is growing, these places prove to be a perfect location for a date and spend some quality time with our loved ones.
3. Hobby Class – We can’t deny the fact that Indian parents are really obsessed with their kids learning various co-curricular activities. They want all-round development of their children and are even ready to pay hefty fees for it, which gives birth to a real potential business idea. Hobby classes for dance, music, art and crafts etc can be opened and a huge amount of money can be earned.
4. Meal (Tiffin) Service – This is one of the best business options for housewives. As the lives of people in metro cities are getting busier, the demand for tiffin services is growing more and more. The start of a potential business can be started from our very own kitchens and too with a very low investment by preparing fresh and delicious meals and supplying them to the customers’ respective homes or offices.
5. Tuition Centre – This is one of the most cost-effective ideas out of all the options as it doesn’t cost a single penny to start a tuition centre. Most of the tuition teachers take classes in their homes and thus, can save on expenditures of rent, electricity, supplies etc. Though, one requires a good amount of command over the subject he/she is going to teach. Secondary requirements are advertisements on social media platform or word of mouth suggestions.
6. Event organizing – This is possibly one of the most lucrative businesses in today’s world. An event manager doesn’t spend time in his/her office. They need to be on the field all the time. They need to do networking, manage everything, meet sponsors, and check out venues, schedule events and the list just goes on. Their demand is based on popularity and a market image, which can be constructed with a good sense of marketing strategy. Overall, the startup cost for this business idea is really minimal.
7. YouTube Channel – YouTube is a social hub for talented and creative people looking for some good returns with a very mere investment. YouTube is completely free. A channel needs to be created and then videos are to be uploaded in order to be gain popularity. YouTube even pays you after you gain a certain number of followers.
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8. Blogging – As per a survey, it is found that every one person, out of ten people that we come across, is a blogger. We only require good typing skills, knowledge about certain issues, ability to learn new stuff and most importantly, a good writing skill. We can earn a decent amount of money by working from home on our laptops or desktops.
9. Online Merchandising – It is an emerging business option in our country. Basically, a display of products needs to be done in such a way that it arouses interests in customers and encourages them to make a purchase. It can be simply done by creating an e-commerce store. A fairly low amount of money needs to be invested and in return, a pretty huge amount can be earned.
10. Errand Boy Service – This is a pretty new concept and most of us are unfamiliar with it. In this, we can open a small company and hire some boys who can do certain jobs for the customers like picking up one’s relatives from the airport, doing small office works, picking up groceries etc. An app can be created and then social media advertising can be done and voila, you are ready to go!
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Hence, we have concluded that these are some of the best low investment business ideas that can be a hit in the Indian market. People with a low or an average financial background can easily go for any of these and can have a good income. Even people with a passion for writing or cooking can earn a decent amount of money out of these ideas. But it is advised to not choose any business only for the sake of money. Though a very little monetary investment is needed, it requires a lot of time and hard work which can be pursued only with an undying interest in the job. One just needs to think hard, research well put in a great deal of effort and then choose the perfect business that suits him/her the most. It should be always kept in mind that no business has ever started with a million dollar venture. Investment is never a barrier if we are passionate about something and dream of making it big.
