small business plan in india

90+ Hottest Small Business Ideas in India for Entrepreneurs

Discover more than 90 of the best small business ideas in India for 2024. Explore diverse opportunities for entrepreneurship and innovation tailored to the Indian market.

• Category Entrepreneurship
• Read 56 minutes

India’s entrepreneurial vigour has played a pivotal role in its economic ascent. This article showcases a select list of the most promising small business ventures for Indian entrepreneurs, spanning diverse sectors such as technology, e-commerce, healthcare, agriculture, and education. Furthermore, it underscores factors to bear in mind when assessing a business concept, including market dynamics, target demographics, scalability, profitability, and long-term viability.

This piece seeks to offer insights and motivation to budding entrepreneurs and those aiming to broaden their current business horizons. Given India’s distinct socio-cultural fabric, there’s a rich tapestry of innovative business concepts waiting to flourish, and this post acts as a compass for identifying top-tier small business ideas in India.

Exploring the Indian Business Environment

• 1.1 SRI (Socially Responsible Investing) Funds
• 1.2 Solar Energy Consultants for Homes
• 1.3 Sustainable Energy for Local Communities
• 1.4 High-Speed Internet Infrastructure Company
• 1.5 E-Commerce Platform for Indian Cultural Products
• 1.6 Warehouse and Inventory Management Services for E-Commerce Businesses
• 1.7 Delivery Solution Enterprise
• 1.8 Mobile Payment Solution for Business Transactions
• 1.9 E-Commerce Compliance Solutions: A Low-Cost Business Opportunity
• 1.10 Revolutionizing E-Commerce Transactions With Blockchain-Enabled Bank Ledger
• 1.11 IoT Home Automation Consultant
• 1.12 IoT-Based Solar Electrical Smart Grid Company
• 1.13 Specialized TV Advertising Company: Creating and Managing TV Ads for Small Businesses
• 1.14 Mobile Advertising Expert for Businesses
• 1.15 Biometric Sensor Venture
• 1.16 Drone Photographer
• 1.17 Data Analyst Consulting Services
• 1.18 Using a Security Firm to Prevent DDOS Cyber Attacks
• 1.19 Starting a Low-Cost Web Design Company for Small Businesses
• 1.20 Starting an Online Sales Conversion Company
• 1.21 Converting Websites to Mobile Apps as a Business
• 1.22 SEO Expert
• 1.23 IT Service Company
• 1.24 Creating an International Trade Consulting Company
• 1.25 Using Blockchain-based Digitisation and Sharing to Transform Medical Records
• 1.26 Developing a Mobile Disaster Relief Location Finder App
• 1.27 Content Writing
• 1.28 Vertical Farming Skyscrapers
• 1.29 Opportunities in Online Education
• 1.30 Hostel Owner
• 1.31 Food Truck Business
• 1.32 Create and Market Custom-Printed T-Shirts on Deman
• 1.33 Launch Your Own Book
• 1.34 Start a Pet Business
• 1.35 Offer Child Care
• 1.36 Open a Coffee Shop Online
• 1.37 Phone Accessories
• 1.38 Tires Retail Shop
• 1.39 Ola / Uber Partner
• 1.40 Business of Selling Used Bikes and Cars
• 1.41 Job Recruitment Services
• 1.42 Labour & Manpower Supplier
• 1.43 Organic Fruits and Vegetable Seller
• 1.44 Homemade Eatery and Tiffin Service
• 1.45 Tailoring Service
• 1.46 Driving School Business
• 1.47 Furniture Business
• 1.48 Catering Business
• 1.49 Men’s Hair Salon
• 1.50 Academic Tuition
• 1.51 Dance Classes
• 2.1 Computer Training Centre
• 2.2 DJ Services
• 2.3 Medical Sample Collection
• 2.4 Boutique, Salon, Spa, etc
• 2.5 Visa Consultant
• 2.6 Game Organiser At The Event
• 2.7 Funeral Services
• 2.8 Hot Air Balloon Or Boat Ride Services
• 2.9 MLM – Network Marketing
• 2.10 Doula Services
• 2.11 Insurance Agent
• 2.12 Mobile Garage Service
• 2.13 Home Chocolate Business
• 2.14 Sofa Cleaning Services
• 2.15 Hobby Class
• 2.16 Marriage Bureau
• 2.17 Errand Services
• 2.18 Accounting And Record-Keeping
• 2.19 Personal Chef
• 2.20 Sports Coach
• 2.21 Pickle-Papad Making
• 2.22 Candle Making
• 2.23 Ice Dish And Soda Shop
• 2.24 Idol Making
• 2.25 Laundry Shop
• 2.26 Bag Making
• 2.27 Career Counseling
• 2.28 Pest Control
• 2.29 Commercial And Industrial Machinery Equipment Rental
• 2.30 Aquarium Shop
• 2.31 Landscaping Service
• 2.32 Fumigation Services
• 2.33 Hosting Paid Webinars
• 2.34 Affiliate Marketing
• 2.35 Restaurant
• 2.36 Readymade Namkeen Breakfast Shop
• 2.37 Packaged Drinking Water
• 2.39 Hardware Shop
• 2.40 Textile Unit
• 3 What Small Business Has the Highest Success Rate?
• 4.1 What factors should I consider before starting a business in India?
• 4.2 What are the potential hurdles when initiating a business in India?
• 4.3 Can non-residents initiate businesses in India?
• 4.4 How can one secure funding for business pursuits in India?

Thanks to influences like global trade, governmental incentives, and its stature as a robust developing nation, India’s business environment is ripe for growth in numerous sectors. Additionally, a myriad of business opportunities permeate various industries, facilitated by a youthful demographic stepping into leadership roles and technological strides fuelling innovation and expansion.

In this post, we’ll delve into several of these business prospects, discussing their potential, initial costs, and steps toward fruition. Whether you’re a nascent entrepreneur or a seasoned business magnate, India is sure to present a profitable business venture for you to explore.  Regardless of the business venture that excites you, securing the expertise of a seasoned online marketing services provider is crucial for achieving optimal success.

SRI (Socially Responsible Investing) Funds

Source: Pinterest

In India, there’s a burgeoning demand for socially responsible investment funds, often termed Impact Investing Funds or Social Impact Investment Funds. This surge stems from consumers becoming increasingly cognizant of the implications of their purchases on both the environment and society at large. Indian consumers are becoming more discerning, favoring businesses that place social impact above mere profit. This trend paves the way for the creation of impact investment funds that allocate resources to socially conscientious enterprises championing positive environmental change.

With mounting interest in investment avenues that resonate with personal values and further societal and environmental betterment, this shift in consumer sentiment signals a nuanced grasp of the Indian market. As a result, SRI funds are emerging as preferred investment mediums aligned with these sensibilities. These funds empower investors to back enterprises that concurrently deliver positive societal, environmental, and financial outcomes. This trend heralds promising opportunities for nurturing and augmenting SRI offerings in India as more individuals recognise the merits of investing in endeavors that foster positive change.

Solar Energy Consultants for Homes

Indian residents are presented with an unparalleled opportunity to harness solar energy for electricity generation, thus reaping cost savings. This business concept revolves around offering customers solar panels for installation on their roofs or balconies. This approach is particularly apt for densely populated apartment complexes. Surplus energy can be harvested and stored in batteries for individual or communal consumption.

To kickstart this venture, one should secure a handful of prospective clients willing to pay upfront prior to the installation process. This advance payment can then be channelled into acquiring the solar panels, making the business proposition require minimal initial outlay.

Also Read: MrBeast Net Worth in 2024: Unveiling His Journey to Amassing 174 Million Subscribers

Sustainable Energy for Local Communities

This business proposition envisages providing smaller communities with eco-friendly energy solutions. The initiative aims to engineer electrical generators capable of storing surplus energy, with the vision of powering entire communities, rather than merely affixing solar panels to individual residences. The chief objective would be to pinpoint communities across various Indian cities and towns in need of such services.

This business proposal addresses the quandary faced by utility providers in ensuring ubiquitous, reliable energy access across India. It also recognises the pressing imperative to transition from coal-centric energy production towards greener energy modalities. By championing community-focused energy solutions, this proposal offers a viable remedy to both these challenges.

High-Speed Internet Infrastructure Company

In India, while there are robust areas for stable and swift internet access, both rural regions and major corporations grapple with the challenge of acquiring high-speed connectivity. This scenario opens the door for entrepreneurs to establish a company focusing on constructing an internet infrastructure.

Initiating such a venture entails a significant investment. However, it holds the promise of not only fostering a positive impact on people’s daily lives but also generating substantial profits. By enhancing internet access, individuals and businesses stand to gain from better connectivity, broader access to information, and a plethora of new opportunities.

E-Commerce Platform for Indian Cultural Products

An online store dedicated to retailing authentic Indian cultural items represents a lucrative business opportunity amidst the burgeoning e-commerce sector. India, with its rich traditions and vibrant culture, commands international fascination. There’s a growing clientele keen on acquiring tangible pieces of Indian artistry to embellish their abodes. By launching an e-commerce platform, you can cater to this demand, linking customers with distinctive cultural artifacts from India.

The appeal of this venture lies in its viability. Commencing this business can be undertaken without hefty initial costs. A pragmatic approach would involve collaborations with local street vendors and artisans, capable of providing a diverse array of cultural products. This model enables you to present and sell these articles to a global audience, capitalizing on the convenience and expansive reach of online shopping.

Setting up an online store for authentic Indian cultural items is a sterling approach to tap into the ever-expanding e-commerce sector, all the while championing and preserving India’s rich heritage. Through this business avenue, you can cater to individuals worldwide, eager to appreciate and adorn their spaces with the splendor of Indian culture, all from the comfort of their homes.

Warehouse and Inventory Management Services for E-Commerce Businesses

Given the ascendancy of online shopping, e-commerce enterprises are in dire need of adept inventory management and timely order fulfillment services. A specialized warehouse management firm can offer these indispensable services. Instead of e-commerce outfits having to lay the groundwork for their own distribution channels, invest in transport vehicles, or secure warehousing facilities, they can entrust these responsibilities to such a company.

The warehouse management firm would acquire expansive plots to function as storage hubs for their clientele, primarily e-commerce outfits. Upon receiving a customer order, the firm oversees the dispatching process, ensuring timely delivery. The revenue model for the firm could be twofold: charging clients for warehousing services rendered and levying a fee for every dispatch orchestrated on their behalf. This arrangement allows e-commerce entities to zero in on their core operations, entrusting their warehousing and dispatching needs to a dedicated service provider.

Delivery Solution Enterprise

Owing to India’s diverse and challenging geographical terrain, numerous shipping companies struggle to deliver to its more rural areas. Entrepreneurs can seise this opportunity by introducing a last-mile delivery solution, which would involve establishing a warehouse just beyond the city’s perimeters. This facility would manage the final stages of delivery, often challenging for conventional shipping companies due to insufficient infrastructure or extended distances. Implementing this solution might involve procuring a fleet of scooters, delivery vans, or even drones to ferry packages to these remote locations.

Launching this venture would demand a substantial initial investment, covering the establishment of the warehouse outside urban areas and the purchase of the necessary transport vehicles or drones.

Mobile Payment Solution for Business Transactions

The manner in which individuals conduct transactions in India has undergone a significant transformation with the advent of mobile payment solutions. While many have embraced this shift, there remains a wealth of opportunities for innovation in this domain.

A vast segment of the Indian population now utilizes mobile devices for a variety of purposes, from communication and research to entertainment. This widespread mobile usage has paved the way for businesses to adopt mobile payment solutions, ensuring seamless and convenient transactions.

Implementing mobile payment systems may call for a notable initial investment. However, India’s abundant talent pool of skilled programmers and developers can provide cost-effective solutions. With reduced operational costs, businesses can greatly benefit from this alternative payment mode, marking it as an enticing venture for budding entrepreneurs in India.

E-Commerce Compliance Solutions: A Low-Cost Business Opportunity

India’s e-commerce market is burgeoning, presenting a myriad of opportunities for enterprises. However, these businesses must adhere to specific regulations to operate within the bounds of the law. This business concept revolves around providing compliance solutions to other e-commerce entities, aiding them in navigating the legal landscape.

Given the government’s tendency to roll out new rules and regulations periodically, this endeavor proves invaluable in assisting entrepreneurs to circumvent compliance challenges. Furthermore, someone familiar with industry regulations can set up this firm with minimal capital, positioning it as an economical, pragmatic, and lucrative opportunity.

Revolutionizing E-Commerce Transactions With Blockchain-Enabled Bank Ledger

India’s burgeoning market is witnessing an uptick in the adoption of blockchain technology, poised to be an integral facet of businesses in the imminent future. Consequently, the government is channeling funds to bolster the development of this cutting-edge technology, carving a path for entrepreneurs to harness its myriad advantages.

A notable perk is the advent of a novel bank ledger, underpinned by blockchain, designed to aid e-commerce businesses in meticulously tracking their payments. This ensures the sanctity of transactions whilst expediting payment acceptance. By this means, prevailing challenges tied to cash flow, originating from the “Cash on Delivery” paradigm, can be adeptly addressed.

To put it more succinctly, blockchain technology is securing a foothold in the Indian landscape. The governmental fiscal patronage is smoothing the way for technological startups to capitalize on their prowess. Introducing a fresh bank ledger powered by this tech can be transformative for how e-commerce entities manage payments, presenting a golden opportunity for ventures eager to fine-tune their fiscal undertakings.

IoT Home Automation Consultant

India’s IoT sector is blossoming, spurred on by active governmental advocacy. This unfolds a remarkable window of opportunity for business visionaries, especially those keen on venturing into the realm of IoT Home Builders/Consultants. These professionals work in tandem with developers or property owners to craft automated homes and commercial arenas, delivering spaces that are both smart and user-centric.

The initial expenditure for this enterprise is modest, and potential clients can be secured who are ready to compensate upfront for the bespoke services. To flourish in this capacity, a profound grasp of IoT tech is imperative, complemented by a commitment to stay abreast of the latest industry breakthroughs. Collaborations with professionals from other domains, such as electricians and builders, might be pivotal for a smooth execution.

In the capacity of an IoT Home Builder/Consultant, one could collaborate with commercial entities exploring the integration of IoT, encompassing office complexes, retail outlets, and storage facilities. By offering insights and innovative solutions, these consultants can bolster efficiency and cost savings, catalyzing business growth.

All in all, the Indian IoT landscape is teeming with prospects for those enthralled by technology and innovation. As an IoT Home Builder/Consultant, there’s potential to reshape the fabric of living and working environments, all the while sculpting a prosperous enterprise.

IoT-Based Solar Electrical Smart Grid Company

India’s thriving IoT domain is animated by a quest for reliable energy solutions. This appetite has carved a niche for solar electrical grid providers. Our firm is adept at installing IoT networks and sensors in domiciles and commercial edifices, facilitating a seamless connection to the electrical matrix. This avant-garde technology ensures streamlined remote surveillance of electrical consumption.

Our state-of-the-art grid system offers agile power redirection during heightened demand and swift electricity restoration during grid interruptions. Although the initial outlay for this setup might be on the higher side, it could be offset by potential governmental subsidies. Beyond benefiting households and commercial spaces, our trailblazing grid system also holds promise for sprawling industrial infrastructures, assuring a steady stream of energy, is pivotal for sustaining business momentum. Our mission is to deliver dependable and efficient energy answers, in tune with India’s flourishing IoT domain.

Specialized TV Advertising Company: Creating and Managing TV Ads for Small Businesses

TV watching remains a favored pastime in India, serving as a splendid platform for communities to converge and enjoy their chosen shows. TV Ad Specialities aims to master the art of devising and overseeing corporate TV adverts, aiding enterprises in tapping into a broader audience and amplifying brand visibility.

Target Market: Enterprises currently broadcasting TV adverts and those rivals yet to explore the medium.

Initial costs encompass hiring studio space, acquiring green screens, cameras, and illuminating apparatuses essential for crafting top-tier TV spots.

Market Potential: With television viewership consistently robust in India, TV Ad Specialities stand to evolve into a thriving enterprise, catering to the diverse needs of firms spanning myriad sectors.

Mobile Advertising Expert for Businesses

Mobile phone adoption in India presents a unique landscape when juxtaposed with other nations. The country demonstrates a marked penchant for mobile devices, which shows no sign of waning. This scenario paves the way for businesses keen on enhancing their mobile advertising prowess. Offering a more direct link to prospective clientele than conventional print media, mobile advertising emerges as a more efficacious strategy.

Venturing into curating mobile adverts for businesses is an intricately specialized domain within marketing. Embarking on this journey demands minimal capital outlay, thus presenting an economical business model for those steeped in marketing or advertising knowledge. With mobile penetration on an upward trajectory in India, there lies a golden opportunity for businesses to engage potential consumers via mobile ads. This can be realized by fashioning impactful and laser-focused mobile promotions that resonate with businesses and their desired demographics.

To thrive in this arena, it’s pivotal to design compelling and immersive adverts, necessitating a profound insight into the consumer psyche and their expectations from a mobile promotion. By chiseling out compelling mobile adverts, businesses can broaden their reach and bolster revenue streams. The burgeoning adoption of mobiles in India presages a surge in demand for mobile advertising, offering a promising avenue for aspirants seeking to establish their mark.

Biometric Sensor Venture

Biometric sensors have crystallized as a linchpin in the security arena, credited to their prowess in leveraging eye or fingerprint scans for identity validation. With the dawn of IoT technology, the Indian government’s endorsement of biometric sensors has intensified. It’s palpable that such instruments are on the cusp of becoming omnipresent, laying out a fertile ground for entrepreneurs to fabricate and distribute them to firms in quest of bolstered security measures. While this endeavor might command substantial capital infusion, the prospective returns are promising, in light of the anticipated surge in biometric sensor demand.

Furthermore, global conglomerates might gravitate towards manufacturers adept in embedding biometric sensors within their offerings. Hence, this business prospect not only heralds notable financial dividends but also fortifies the security tech sector’s growth trajectory. As security imperatives escalate, biometric sensors are set to emerge as an indispensable facet of our daily lives, positioning this as a lucrative business proposition.

Drone Photographer

For those captivated by stunning aerial imagery and with a penchant for drone technology, stepping into the realm of drone photography might be a compelling path. This career affords you the unique chance to traverse awe-inspiring locales, engage with intriguing individuals, and share your craft with a wider audience. Moreover, a robust portfolio can open doors to rewarding engagements with prestigious clientele in the entertainment or property sectors.

To excel as a drone photographer, mastery over drone piloting, photography, and videography is pivotal. Moreover, you’ll need a knack for framing shots artistically and weaving a narrative. Starting requires investment in essentials like top-tier drones, cameras, and video editing tools, though beginners might opt for more budget-friendly options like mid-range drones and action cameras such as GoPro.

Setting up your drone photography venture could see you offering a myriad of services, spanning aerial snaps, filming, mapping, and site surveying. Given the rising demand, especially from sectors like real estate and construction, this can be a lucrative endeavor, albeit with an initial outlay for equipment, permits, and insurance. Yet, with astute marketing strategies and adept networking, you can reap substantial returns from this venture.

Data Analyst Consulting Services

In this digitized era, big data stands at the forefront of many business strategies. Companies grapple with vast data pools, making it imperative to dissect and discern valuable insights that can sculpt their overarching strategies. This is precisely where a seasoned data analyst can make a mark.

Data analyst consultancy services grant businesses the ability to tap into expert scrutiny of voluminous data, gleaning insights pivotal for steering company decisions. A proficient data analyst marries technical prowess with sharp analytical skills, offering services ranging from data mining and visualization to predictive analytics and statistical evaluations, aiding businesses in their decision-making processes.

One allure of initiating an online data analytics consultancy is the modest starting capital—requiring just a computer, a stable internet connection, and the necessary software tools. As the clamor for big data analytics intensifies, the consultancy domain is ripe for growth, presenting a golden opportunity for enterprising individuals to embed themselves in this sector, providing firms with the insights pivotal for their growth trajectories.

Using a Security Firm to Prevent DDOS Cyber Attacks

With India grappling with website disruptions and server downtimes, courtesy of a surge in DDOS assaults—a trend likely to persist as internet usage soars—it becomes paramount to deploy robust strategies to stave off these cyber onslaughts. A promising antidote lies in founding a bespoke security firm adept at foreseeing and fortifying against these attacks. While certain firms already proffer such services, the industry still brims with potential.

Inaugurating this venture necessitates modest investment, primarily for securing server bandwidth, software, and coding expertise. Nonetheless, by ensuring reliable DDOS protection, it offers enterprises the invaluable boon of tranquility, safeguarding them against potential significant monetary setbacks. Thus, channelling resources into a specialized security entity geared towards thwarting these cyberattacks emerges as a judicious business move.

Starting a Low-Cost Web Design Company for Small Businesses

In the era of burgeoning online commerce, web design has carved out a niche for itself. Consequently, small enterprises in search of budget-friendly solutions are gravitating towards freelancers for their web design needs—an essential step towards carving out an online identity and staying ahead of the curve. Research indicates that businesses with a well-crafted website are better poised to draw in potential clients and witness augmented revenue.

This landscape paves the way for web designers who can guide small businesses in sculpting a robust online footprint. Kickstarting a web design service tailored for small enterprises demands minimal capital. Showcasing your prowess through a curated portfolio can be a game-changer. Moreover, offering competitive pricing coupled with flexible payment structures can enhance your appeal, especially to small business proprietors often operating within stringent budgets. 

For starters, reach out to the small businesses dotting your local landscape. Harness the power of social media and online platforms to champion your services and foster connections with local entrepreneurs. Crafting a formidable online persona for your enterprise can further bolster your credibility in the web design domain. With unwavering commitment and a dash of entrepreneurial flair, this venture can prove both fulfilling and lucrative.

Starting an Online Sales Conversion Company

In our digitized epoch, online engagement is paramount for small businesses, more so with the ubiquity of mobile gadgets. To bolster online sales, businesses can collaborate with a firm specializing in optimizing web traffic and transforming casual browsers into committed buyers. Unlike the realm of web design, this avenue demands a flair for persuasive content creation and crafting pages that nudge visitors towards a purchase. This cost-effective endeavor chiefly requires a computer, promising businesses a chance to magnify their online sales potential without splurging on advertising or overhauling their website.

For businesses that have already anchored their online presence, partnering with a sales conversion consultancy can be transformative. Such a firm can offer sustained support and insights, steering businesses towards refining their online sales strategies, and ensuring revenue spikes in the long run.

Converting Websites to Mobile Apps as a Business

The ubiquity of smartphones, tethered with high-speed internet access, underscores the imperative for businesses to cater to an on-the-move clientele. Meeting this need, websites and web applications are undergoing metamorphosis into native mobile apps . This intricate transition demands niche skills, opening lucrative avenues for businesses adept at such conversions.

Given India’s reservoir of adept programmers, it’s an opportune hub for the evolution of such ventures. Entrepreneurs, armed with coding expertise and a grounding in app development, can liaise with professional developers, ensuring cost efficiencies. By offering a platform tailored to craft user-centric, mobile-responsive apps, this business idea holds the promise of remarkable returns. As businesses strive to remain relevant in a cut-throat market, a mobile app emerges as a non-negotiable, and this business model can empower them to chart their success trajectory.

Search engine optimisation (SEO) is pivotal for businesses aiming to secure a competitive edge in the digital realm. By refining your website’s content and structure, its visibility on search engine results pages (SERPs) can be enhanced, making it more accessible to potential clients.

One of SEO’s primary merits is its cost-effectiveness, especially when juxtaposed against other marketing strategies. While paid advertising can quickly deplete budgets, SEO offers a more economical avenue to channel traffic to your website and boost conversions. With the expertise of a seasoned SEO specialist, a business on the brink can be transformed into a lucrative venture within months.

Moreover, investing in SEO can elevate sales and revenue by drawing organic traffic to your website. A robust online footprint can bolster your brand’s credibility, establishing it as a leader in its domain and engendering trust among prospective clients. In essence, for any online-centric business, SEO is indispensable. It not only offers myriad benefits but also ensures a cost-effective outlay when compared to other digital marketing strategies.

IT Service Company

In a world where businesses are progressively intertwined with technology, the IT support sector is burgeoning. Consequently, there’s a surge in demand for outsourced server and hardware services from IT support providers, given they host a cadre of adept IT professionals proficient in equipment maintenance.

Initiating an IT support enterprise can be budget-friendly. Starting modestly with a handful of servers and computers, you can cater to an initial client base. As the business expands, reinvesting in more equipment to cater to burgeoning client needs becomes feasible. Given India’s affordable tech infrastructure and a reservoir of IT experts, it’s an apt locale for incubating an IT support venture. Moreover, governmental initiatives like ‘Digital India’ further amplify the growth trajectory of the IT sector, making this a lucrative prospect.

Creating an International Trade Consulting Company

For those well-versed in the nuances of international product shipment and handling, curating an international trade consultancy in India could be a goldmine. With global commerce proliferating, there’s an upswing in demand for seasoned experts capable of guiding businesses through the labyrinthine regulations and logistics intrinsic to global imports and exports.

Also Read: 20 Best TV Shows for Entrepreneurs You Must Watch in 2024

By supporting Indian enterprises in their quest to transcend domestic boundaries and aiding foreign entities eager to tap into the Indian market, you can be instrumental in fostering economic growth and nurturing India’s trade affiliations. 

Owing to its modest start-up costs and a sturdy foundation in global commerce, this business proposition brims with potential. Furthermore, by cementing your stature as a trusted ally and advisor to enterprises seeking to thrive in global markets, your consultancy is poised for sustained success and profitability.

Using Blockchain-based Digitisation and Sharing to Transform Medical Records

Utilizing a Health Record Digitisation & Sharing system built on blockchain technology could revolutionize the manner in which registered doctors securely and seamlessly share medical records. The inherent security and transparency of blockchain would empower both patients and doctors to monitor access to their medical data meticulously.

Implementing such a sophisticated system, given the intricacies of blockchain technology and the sensitivity of health data, demands significant upfront investment. However, the payoff could be substantial. A well-conceived platform could cater to a broad user base, addressing a pressing demand within the healthcare sector.

In our increasingly mobile global society, individuals often find themselves relocating. This company would cater to this modern need, offering a robust and streamlined avenue for patients and doctors who need medical records across diverse locales.

Developing a Mobile Disaster Relief Location Finder App

With the ubiquity of mobile phones, there’s a unique opportunity to offer disaster relief solutions. The Disaster Relief Locator app exemplifies how mobile technology can serve as a beacon during emergencies. It’s designed to detect early signs of imminent disasters by installing state-of-the-art sensors on towering structures, tectonic fault lines, and cyclone-prone zones.

This app can proactively alert users in vulnerable regions, providing vital warnings and suggesting safety measures. By marrying mobile technology with cutting-edge sensors, the app heralds a new frontier in disaster prediction and response.

The Disaster Relief Locator app delivers potentially life-saving information directly to users’ fingertips. As technological innovation surges ahead, we can expect even more nuanced disaster response mechanisms to emerge.

Content Writing

Content marketing underpins the digital successes of businesses, irrespective of their scale. Thus, a skillful content writer becomes an indispensable asset for any enterprise aiming to engage and retain its customer base while cementing its market authority.

An adept content writer possesses the nuanced skill of distilling complex subjects into engaging, SEO-friendly content. This profession is especially fitting for those with a diverse knowledge spectrum.

With the digital landscape burgeoning, content writing is emerging as a lucrative profession. One of its salient advantages is the minimal initial outlay required. However, like all professions, the remuneration is a direct reflection of the value offered. Although a content writer’s earnings might seem inherently limited, with diligence and sustained effort, it can witness exponential growth.

Vertical Farming Skyscrapers

As the global population soars, land becomes a premium, and urban areas get densely populated. There arises a monumental challenge: how to provide communities with sustainable, fresh food efficiently and economically. Enter the concept of vertical farming skyscrapers – towering structures that host multi-layered greenhouses cultivating a variety of fruits and vegetables.

Such a farming methodology presents several advantages. It promises reduced transportation costs, guarantees fresher produce, and leverages space more efficiently than traditional farms. Additionally, incorporating robots and advanced sensors to oversee the facility ensures optimal conditions for crop growth by precisely managing factors like temperature and humidity.

While the upfront investment for constructing such a vertical greenhouse might be significant, the long-term benefits for the community and the potential for substantial revenue cannot be overlooked. Overall, vertical farming skyscrapers could dramatically reshape the agricultural landscape, addressing the rising demand for fresh, sustainable produce.

Opportunities in Online Education

Salman “Sal” Khan’s inception of the Khan Academy in 2006 highlighted the profound potential of online education, setting the stage for educators globally. With the burgeoning realm of online education, countless entrepreneurial ventures await those keen on imparting knowledge.

You could craft your educational platform, offering live lessons via tools like Skype, and charge students on an hourly basis. Alternatively, consider producing video content for platforms like YouTube, monetising through ads or sponsorships.

Initiating an online teaching venture demands minimal capital, positioning it as an attractive proposition for budding educators. Although the sheer volume of digital content and the competitive landscape might seem daunting, there’s ample room for innovation and success in online education, given a unique pedagogical approach.

Hostel Owner

With platforms like Airbnb transforming the hospitality sector, converting any space – a house, an annex, or even a single room – into a distinctive accommodation option for globetrotters has never been easier. These platforms simplify property listings and guest interactions, negating the need for hefty promotional budgets or deep marketing acumen. Moreover, if you own property in a prime location, the returns can be substantial.

Venturing into the hostel business offline demands a significant outlay – be it procuring or renting a space, outfitting it for guests, or hiring personnel. However, considering the prospective returns and the burgeoning demand for unique, budget-friendly accommodation, the investment could be well justified.

With the escalating appetite for affordable and unique lodging options among travelers, the hostel domain remains ripe with opportunities. Ensuring top-notch guest experiences and efficient management can guarantee commendable returns on your investment.

Food Truck Business

If you’re a culinary enthusiast with a flair for creativity, launching a food truck might be the perfect venture for you. It offers an excellent platform to showcase your cooking talents and promises both flexibility and innovation.

While diving into this arena without prior experience may seem challenging, it’s not insurmountable. With the right team by your side, you can effectively manage and operate a prosperous food truck.

It’s essential to note that venturing into the food truck realm requires considerable investment. The costs encompass procuring a truck, culinary equipment, and stocking up on ingredients. However, the potential for substantial returns makes it a tempting investment for those willing to dedicate themselves.

In essence, for budding entrepreneurs, the food truck venture is both rewarding and exhilarating. With the right combination of skills, dedication, and investment, you can carve a niche in this vibrant industry. Our blog serves as a valuable resource for individuals keen on exploring this entrepreneurial avenue.

Create and Market Custom-Printed T-Shirts on Deman

With print-on-demand, you entrust a third party with inventory management, shipping, and order processing. This model’s unique aspect is its emphasis on personalisation. You can imprint your bespoke designs on various products, from T-shirts and hats to phone covers and tote bags.

Via: Drunken Monk

Imagine treating these everyday items as your creative canvas. The key lies in identifying specific audiences, whether they’re tech enthusiasts fond of witty slogans or cat aficionados with a sense of humor.

If the design isn’t your strong suit, fret not; platforms like Fiverr , Upwork , Dribbble , and 99Designs offer access to talented designers ready to collaborate.

It’s worth noting that print-on-demand services usually bill per item, potentially raising the cost per unit. The silver lining is the elimination of the risk of unsold inventory, as you’re billed only for what sells.

Using t-shirt mockup templates can further curtail expenses by circumventing frequent photo shoots. Moreover, numerous print-on-demand platforms integrate seamlessly with Shopify, ensuring efficient order management. It’s prudent to procure sample products at discounted rates to ensure quality.

Launch Your Own Book

At their core, books are products. Whether you’re thinking of curating a cookbook, conceptualizing a children’s story, penning poetry, crafting a comic book, or authoring a novel, the scope is vast. If you possess unique insights or creative prowess, there’s a plethora of distinctive book concepts waiting to be brought to life. The sheer diversity of options renders it an enticing entrepreneurial prospect.

If you’re a self-publishing novice seeking a low-risk initiation, print-on-demand could be your ally. This approach ensures you retain complete autonomy over your book’s aesthetics and content. It also permits you to test the waters and refine your approach based on market feedback.

Although there’s the provision to order a solitary copy, it’s prudent to remember that bulk orders typically offer cost advantages. You could contemplate pre-selling your book or resorting to crowdfunding to gauge market interest and secure preliminary sales. If you’re already a blogger or contemplating initiating one, releasing a book could serve as an astute strategy to leverage your content and expand your entrepreneurial horizon.

Start a Pet Business

The pet industry is thriving, presenting a multitude of opportunities for budding entrepreneurs. In this sector, you can either lean towards retail, offering products or focus on providing services.

For instance, you could cater to pet owners’ needs by retailing pet accessories, premium food, or an array of toys. There’s significant potential to tap into the prevailing demand for pet-related products.

Alternatively, you could veer towards service-oriented offerings. This could span from providing pet grooming solutions to ensure animals remain neat and healthy, offering dog-walking services to guarantee their fitness, or imparting pet training expertise to assist owners in managing their pets’ behavior. Take “ PawsIndia ” as an example; they exemplify a pet-centric business that prioritizes customer convenience, specializing in facilitating essential “bathroom breaks” for pets by taking them out for walks, especially catering to owners who might be preoccupied during the day.

In essence, the pet industry is ripe with potential, offering a conducive environment for startups to flourish, whether your inclination is towards merchandising or service delivery.

Offer Child Care

In recent times, the demand for childcare services has witnessed an uptick. Several factors have catalyzed this trend: the surge in dual-income families, an increase in single-parent households, and the typically frenzied schedules many families juggle. Consequently, parents are constantly on the lookout for reliable and top-tier childcare alternatives for their offspring.

However, there’s a glaring disparity here. Despite the escalating demand, there’s a palpable dearth of adept childcare providers in numerous locales.

If you have a genuine fondness for children and are committed to fostering a safe environment, launching a childcare business could be a golden opportunity. It’s imperative to secure the necessary licenses and abide by regional regulations to ensure child safety and instill trust amongst parents.

In summary, if you’re steadfast in upholding quality standards and delivering exceptional care, the childcare sector can prove to be a promising avenue, especially given the pronounced demand for such services and the limited number of proficient providers.

Open a Coffee Shop Online

If you’re armed with a compelling brand and a robust marketing strategy, venturing into the coffee trade can be quite lucrative. Although the coffee landscape is fiercely competitive, don’t let that deter you from diving into this multi-billion-pound domain. Retailing a universally cherished product like coffee has its inherent advantages:

• The ubiquitous demand for coffee guarantees a broad customer base.
• Independent coffee brands often enjoy a perceived superiority in quality compared to their colossal corporate counterparts.
• The industry offers myriad avenues for carving out your distinct niche.
• Coffee’s universal appeal simplifies the selling process; the challenge lies in swaying customers to favor your brand over others.

Phone Accessories

Given the ubiquity of mobile phones today, there exists a vast market for phone accessories. This arena offers a diverse range of options— from print-on-demand and handmade items to niche-specific products and even drop shipping.

Here’s a list of phone accessory ideas to consider:

• Phone cases
• Car and desk mounts
• Earbuds/headphones
• Bluetooth speakers
• Portable chargers
• Wireless charging pads

When listing your phone accessories for sale, it’s essential to specify which phone models they are compatible with. This minimizes the chances of customers inadvertently purchasing items unsuitable for their devices.

Tires Retail Shop

Cars and bicycles aren’t going anywhere without tires. Therefore, consider launching a tire shop. You’ve got a couple of options: either set up your retail space or collaborate with a renowned tire brand to become a dealer or distributor.

Stock a range of tires from leading manufacturers such as MRF, CEAT, Apollo, and TVS. Given that, eventually, every vehicle owner needs to replace their tires, there’s a substantial market for this business.

To diversify, you could also offer additional services related to tires and vehicular maintenance. All in all, it’s a robust business opportunity.

Ola / Uber Partner

In India, the prominence of cab services like Ola and Uber has surged.

In the present times, most people prefer booking cabs online rather than hailing rickshaws or taxis off the streets. These services enable quick and hassle-free taxi or rickshaw bookings via smartphones.

What’s intriguing about both these cab giants is the fact that they don’t own any cars in their fleet. Instead, all vehicles associated with their platforms are owned by individuals.

By partnering with them, you can either enlist your vehicle in their network or drive for them. If you don’t own a vehicle, they might even provide you with one. There are various collaboration avenues available. For comprehensive details on the Ola Partner Programme, visit partners.olacabs.com . To delve deeper into Uber’s partnership programme, head over to uber.com.

Business of Selling Used Bikes and Cars

Owning a vehicle, be it a bike or a car, is a dream for many. However, the financial constraints of purchasing a brand-new vehicle mean that not everyone can fulfill this aspiration. Hence, a significant number gravitate towards the more affordable option of acquiring pre-owned vehicles.

Consider launching a business that deals in pre-owned bikes and cars. It’s relatively straightforward: sellers looking to offload their vehicles will approach you. Your primary responsibility lies in amassing details of these vehicles, such as their make, model, date of purchase, accumulated mileage, and overall condition.

Prospective buyers seeking second-hand options will reach out to you. Herein lies your opportunity to either clinch a profitable sale or earn a decent commission. This venture has the potential for sizable returns.

Job Recruitment Services

India grapples with the pressing issue of unemployment, with many educated individuals struggling to secure jobs. As a potential solution, consider initiating a job recruitment agency where you act as the bridge between job seekers and employers.

In this capacity, you’ll be the point of contact for both job aspirants and businesses with vacancies. The beauty of this business is that it necessitates minimal upfront investment. Establishing robust connections with companies is pivotal for success. Regular interactions with the HR departments of these organizations will be paramount.

If you’re new to this, gaining experience in an HR department beforehand could be invaluable. It’s worth noting that you needn’t span all sectors; instead, you can specialize in a specific domain. Choose an area aligning with your expertise and passion. This business not only allows you to aid individuals in landing jobs but also promises a decent income.

Labour & Manpower Supplier

Every sector, whether private, public, or semi-public, has workforce requirements. Several businesses face operational challenges due to the unavailability of skilled labor or trained personnel.

Embarking on this venture entails legal obligations, primarily securing the requisite licenses. For insights into licensing, consider delving into online resources or watching informative videos on platforms like Google or YouTube.

For a deeper understanding of this business proposition, visiting your local District Industries Centre might prove beneficial.

This business avenue, being a labor and manpower supplier, holds the promise of substantial financial gains.

Organic Fruits and Vegetable Seller

Fruits and vegetables are staples in our diet, providing the essential nutrients vital for our overall well-being. Yet, there’s growing concern over the prevalence of harmful chemicals in many of the products available today, attributed to the use of pesticides and fertilizers.

Using certain crop treatments can pose health risks, and an increasing number of consumers are becoming conscious of the dangers associated with consuming chemical-laden foods. Owing to this growing awareness and heightened demand, the organic produce market presents a lucrative opportunity.

To begin, think about partnering with local organic farms as a small-scale vendor. Procure their produce and retail it in the market. Alternatively, you can operate a professional business delivering to homes or selling from a dedicated outlet.

Effective marketing is pivotal for this venture’s success. It’s essential to educate the public about the advantages of organic produce and the health risks associated with non-organic alternatives.

By venturing into this sector, you’re not merely operating a business; you’re also making a positive impact on the community and society. The future looks promising for this industry as the appetite for healthier food choices continues to surge.

Homemade Eatery and Tiffin Service

Food remains an indispensable part of our survival. Launching your own eatery is a tangible business proposition with the potential for significant returns.

The demand in the food sector is perpetual. As long as humans inhabit the Earth, there will always be a need for sustenance.

Offering homemade delicacies in your eatery could attract a steady flow of patrons, many of whom may become loyal customers. Moreover, this business can be initiated right from your home, catering to the local populace.

Tailoring Service

Clothing is a basic and perennial requirement in our society. Yet, not everyone is quick to discard garments due to minor wear or tear. Consequently, there remains a consistent demand for clothing repairs and alterations.

Custom-made attire, tailored to one’s measurements, holds a unique charm. It often ensures a superior fit and captures the wearer’s personal style more authentically. For instance, many women prefer tailored outfits to ensure the perfect fit for their attire.

Tailors are sought after to produce such bespoke pieces, make adjustments, and cater to specific design preferences. Tasks can range from altering garment sizes to replacing buttons and fixing zippers. If you possess adept tailoring skills, there’s a lucrative potential in India. Catering to services such as clothing alterations, button replacements, and zipper mending can position you well in a market where the demand for skilled tailors remains robust.

With your expertise, you can cater to the persistent needs of your community, establishing a thriving tailoring business in the process.

Driving School Business

Driving is undeniably a skill that requires proper training. When individuals take the wheel without adequate knowledge, the risk of accidents rises substantially.

Hence, it’s vital to undergo formal driving training before venturing onto the roads, even if it comes at a cost.

Consider setting up a driving school to offer comprehensive car driving lessons. A fixed fee could be charged for the entire course.

To thrive in this business, being a proficient driver is a prerequisite.

Leveraging digital marketing can enhance the visibility of your driving school. The appeal of this venture is its modest initial investment requirement.

Furniture Business

Furniture is a cherished addition to homes, significantly influencing the aesthetics and functionality of living spaces. There’s a growing demand for quality furniture in both residential and commercial spaces. This is evident from the staggering INR 1,500,000 crores generated in revenue by the furniture sector in India in 2020, a figure that continues to climb.

Whether you opt for a local brick-and-mortar store, an online platform, or a blend of both, this industry offers substantial earning potential. Custom furniture stands out as a promising niche. Your range could encompass sofas, chairs, stools, cabinets, storage solutions, tables, and decorative pieces.

Hiring experienced craftsmen or skilled workers will be crucial to your business. Given the often-premium pricing in the furniture industry, delivering consistent quality can lead to positive referrals and a growing customer base, making it a lucrative venture.

Catering Business

The catering sector in India has seen remarkable growth, boasting an impressive annual growth rate of 25% to 30%. This indicates a sustained positive trajectory in the industry.

What adds to its allure is the prospect of venturing into it without heavy initial outlays. In fact, one can initiate a catering enterprise with relatively modest capital.

A prudent approach for budding catering entrepreneurs is to commence with smaller orders. As your reputation and client base grow, you can gradually take on larger and more remunerative contracts, expanding your reach and enhancing your profits.

Before launching a catering service, it’s imperative to secure the necessary licences and permits. Thankfully, the digital age ensures that all requisite information is readily available online, streamlining the process.

Catering services are in high demand across a diverse range of events and sectors in India. Be it weddings, birthdays, corporate gatherings, social events, festivals, or sectors like healthcare, railways, and aviation – the need for caterers is ubiquitous.

In summation, this business idea holds great promise in India, given the robust growth in the catering sector and its widespread demand across various events and industries.

Men’s Hair Salon

Starting a men’s hair salon is a promising venture, given the consistent demand. Hair growth doesn’t pause, even if one skips meals, underscoring the need for regular grooming and haircuts. 

While shaving at home can be manageable, cutting one’s own hair is usually a challenge. Consequently, many individuals opt for the convenience and expertise of a local hair salon over a DIY approach.

Furthermore, this sector holds vast potential since virtually all men worldwide require such services. Beginning with a single outlet, one can gradually expand to multiple locations nationwide.

Academic Tuition

Today, education remains a focal concern for people, both in urban and rural settings. While parents enroll their children in schools and colleges with the hope of quality education, the actual teaching often doesn’t match the high fees they shell out.

Venturing into the tutoring domain not only offers a chance to positively impact students’ futures but also promises a decent income. This business can be initiated from the comfort of one’s home without a hefty initial investment.

With an increasing number of parents seeking home tuition for their children, offering lessons directly at their residences can be a lucrative avenue. By charging competitive rates, there’s potential for substantial earnings in the tuition sector.

Dance Classes

An opportunity beckons for enthusiasts to establish dance classes catering to both children and adults. For many, dancing serves as an enjoyable form of exercise and a way to stay active.

There’s a plethora of dance styles to explore and teach. For instance, Zumba, which is gaining traction in various regions, stands out as a popular choice. Even if you’re unfamiliar with it, Zumba can be swiftly mastered.

The advantage of this venture is the minimum initial investment, especially if you start from your home. While the initial batch may comprise a limited number of students, with persistence and quality instruction, that number is likely to grow steadily over time.

Additional Profitable Business Concepts Include:

Computer training centre.

In today’s digital age, computer proficiency is highly sought-after. Familiarity with Microsoft Office (Word, Excel, and PowerPoint) and a basic grasp of computer operations significantly enhance employment prospects. Consequently, there’s an escalating demand for individuals skilled in computers, programming, and contemporary technological domains such as IoT, blockchain, artificial intelligence, and data analytics.

Are you proficient in any of these domains? If yes, contemplate setting up a training center. A modest setup comprising a few computers, internet connectivity, and essential teaching aids like whiteboards and projectors will suffice. After the initial investment, ongoing expenses are relatively low, making this venture predominantly knowledge-centric. Catering to various demographics, including working professionals and students, you can reap substantial returns with minimal initial expenditure.

DJ Services

DJs play a pivotal role in enlivening various social events, be it weddings, parties, or festive celebrations. Nightclubs and pubs count on them to attract and captivate audiences with their musical flair. Success in this realm mandates DJs to possess an adept musical acumen, honed over time. 

Three indispensable attributes include discerning the crowd’s mood and maintaining an invigorating rhythm. With a DJ orchestrating the music, any event transforms into an exhilarating affair, leaving attendees engrossed and dancing away.

Medical Sample Collection

If you have a rudimentary knowledge of blood groups and common medical protocols, this could be your calling. This venture primarily entails collecting bodily fluid samples and ferrying them to a designated pathology lab. Its allure lies in the relatively sparse competition and the fact that it doesn’t necessitate expansive infrastructure. Its scalability from a modest space makes it both feasible and potentially lucrative.

Boutique, Salon, Spa, etc

Services centered on grooming, fashion, and personal care are perennially in demand. Once you’ve made the requisite initial investment in establishing your enterprise and stocking up on essential products, the focus should shift towards marketing and fostering brand loyalty.

By adopting this approach, the odds of transforming this business proposition into a profitable venture multiply. Procuring a small business loan could be a convenient starting point. If you harbor aspirations of spearheading an enterprise in this domain, now’s the opportune moment.

Visa Consultant

The visa consultancy sector consistently requires expert guidance. If you’re well-versed in visa regulations and adept at guiding applicants through the requisite documentation for visa processes, you’re primed to establish a flourishing visa consultancy. The essence of this venture hinges on your expertise and the ability to steer clients through the often labyrinthine visa procedures. By offering this invaluable service, you not only carve a niche for your consultancy but also stand out in this competitive market.

Game Organiser At The Event

A popular feature at celebrations such as birthdays and anniversaries is the game organizer. The core concept of this business revolves around designing and coordinating engaging interactive games and activities for guests. Success in this role demands excellent communication skills to discern both the host’s and the attendees’ preferences.

Moreover, your ingenuity will be consistently tested as you devise original game ideas and tailor them to specific situations. Your adeptness at communication combined with creative flair will ensure guests thoroughly enjoy the event.

Funeral Services

Some services, though seemingly unconventional, are indispensable within Indian communities. These services encompass a range of offerings, from transporting the deceased to providing informed guidance on traditional funeral customs. Furthermore, they supply all essential items required for cremation rituals.

Despite the atypical nature of this business, it addresses a vital cultural requirement. Several firms in this sector have flourished, underscoring their relevance and providing invaluable support during challenging times.

Hot Air Balloon Or Boat Ride Services

This business idea, while undeniably adventurous, demands significant investment and relies on expertly trained personnel to guarantee customer safety. Before embarking on this venture, securing ample space is essential to accommodate its operations. Thus, it’s pivotal to be well-prepared in terms of substantial investment, prioritizing safety through skilled staffing, and ensuring sufficient operational space.

MLM – Network Marketing

Multi-level marketing, commonly termed network marketing, operates on a model where your primary role is to represent a company by selling its products and services. In this structure, your earnings encompass a portion of the profits generated by the sales team you’ve directly recruited. Essentially, it’s a referral-centric business, and the added advantage is that it can be managed from home.

Doula Services

Initiating a doula service without substantial experience in birthing and postnatal care is feasible. Compared to many entrepreneurial undertakings, the capital required here is relatively modest. The service spectrum ranges from prenatal counseling and hands-on support during labor and childbirth to vital postnatal consultations.

This comprehensive suite of services not only caters to expectant mothers but also presents a gratifying and potentially prosperous career trajectory for those passionate about maternity and newborn care. Embarking on this venture offers both tangible rewards and the fulfillment of making a meaningful difference.

Insurance Agent

Source: Pinte r est

If you possess robust communication skills coupled with persuasive prowess, venturing into the role of an insurance agent could be a rewarding endeavor. With a minimal upfront investment, this becomes an accessible venture for many. Representing insurance policies offers the potential for substantial commissions. By effectively elucidating the advantages of insurance plans to prospective clients, you can carve a prosperous niche for yourself while offering a beneficial service to individuals and families.

Mobile Garage Service

Cars often break down in inconvenient locations, distant from standard repair shops. If you already own a vehicle, you can transform it into a mobile garage with a relatively modest investment. This involves equipping your vehicle with essential tools and equipment to address standard maintenance and repairs on the go.

In doing so, you achieve self-reliance and reduce the hassle of locating a nearby garage in emergencies. This pragmatic approach ensures you’re equipped to tackle unexpected vehicular issues wherever they might occur, saving both time and money.

Home Chocolate Business

Chocolates never go out of favor, being an essential treat for various occasions. Be it a festive gathering or a casual meet-up, chocolates always enhance the mood. With the initial investment predominantly being the raw materials, setting up a home-based chocolate-making venture becomes even more enticing.

Handmade chocolates, renowned for their unique touch and superior quality, enjoy a significant demand. Their distinctive flavors and craftsmanship captivate customers, making this a potentially lucrative endeavor for aspirants in the chocolate domain.

Sofa Cleaning Services

Given today’s hectic lifestyles, many people overlook cleaning their furniture, both at their residences and workplaces. If you have a knack for cleaning and are willing to work with various clients, you could initiate a sofa cleaning enterprise. The key to launching this venture is possessing the right equipment.

Hobby Class

If you’re looking for a profitable business avenue, consider initiating a hobby class. In the contemporary world, parents are keen on ensuring their children acquire constructive skills instead of idling away. Leveraging your expertise and passion, you can orchestrate and impart hobby classes in domains like dance, music, and crafts.

Peak seasons like summer vacations, when parents ardently seek engaging and educational pastimes for their offspring, can be particularly lucrative. This venture not only lets you pursue your passion but also contributes positively to the growth and development of children.

Marriage Bureau

Operating a Marriage Bureau can be a rewarding venture, particularly apt for homemakers and those in their golden years. This business model facilitates introductions between individuals seeking life partners. Its allure lies in its simplicity – it demands minimal investment and can be orchestrated from one’s home.

By connecting individuals and aiding them in their quest for love and companionship, you not only enrich their lives but also carve a thriving enterprise for yourself. It’s a symbiotic setup that offers both emotional satisfaction and financial dividends to those willing to embark on it.

Errand Services

If you possess robust organizational and planning prowess, you’re aptly poised to helm this service efficiently. Predominantly, your duties would encompass running errands, ranging from grocery procurement and bill settlements to dispatches. Offering these services can yield a steady revenue stream. Capitalizing on your organizational acumen to cater to clients’ daily needs, this business model stands as a feasible and potentially remunerative endeavor.

Accounting And Record-Keeping

If you have a keen eye for numbers, venturing into an accounting and record-keeping business might be an excellent choice. This enterprise is especially appealing for those with a background in finance and accounting, as they can apply their expertise to provide valuable services.

Despite the necessity for specialized training in this field, the initial investment is relatively modest, making it an attainable option for those aspiring to branch out independently in finance and accounting services.

Personal Chef

For those with a genuine passion for cooking and the skill to whip up a diverse range of dishes, a career as a Personal Chef could be both fulfilling and lucrative. Investing in essential culinary equipment and premium ingredients is pivotal to this business opportunity.

By showcasing your culinary talents, you can indulge your passion and earn by offering bespoke cooking services tailored to clients who appreciate delectable, custom-made meals. It’s an enriching avenue to monetise your culinary prowess.

Sports Coach

For those passionate about sports and equipped with formal coaching qualifications, guiding budding athletes can be immensely impactful. Your target audience can be children or adults aspiring to make a mark in sports. With your expertise and dedicated attention, you can hone their skills and guide them towards achieving their sporting ambitions. This endeavor is a rewarding way to propagate your love for sports while nurturing and molding the next generation of athletes.

Pickle-Papad Making

Delving into homemade pickle and papad production remains a timeless and profitable business idea, especially for women. This venture offers flexibility, allowing one to choose between part-time and full-time commitments. Besides providing financial autonomy, it grants the luxury of operating from home. This versatile option lets you experiment with innovative flavors, revisit traditional recipes, and cater to a broad clientele, making it a compelling proposition for female entrepreneurs.

Candle Making

Transforming candle production into a lucrative enterprise is entirely feasible, especially when leveraging readily available machinery to handle bulk orders while keeping initial investments minimal. By amalgamating your creative flair with shrewd business strategies, you can establish a prosperous and sustainable candle-making venture. The objective is to produce candles in substantial volumes efficiently, catering to market demands, whilst ensuring cost-effectiveness.

Ice Dish And Soda Shop

The Ice Dish & Soda Shop presents a low-investment business avenue with the promise of substantial returns. The crux of this venture is acquiring the essential equipment, such as soda machines and ice snow makers. By prioritizing these foundational tools, you can guarantee top-notch products with a modest initial outlay. With this cost-effective approach, you stand to maximize profits, establishing a thriving enterprise in the realm of frozen treats and beverages.

Idol Making

Starting an idol-making business could prove fruitful if you possess the artistic aptitude and the craftsmanship to craft idols. Idol worship is deeply embedded within our nation’s culture, with significant demand peaking during festivals such as Ganesh Chaturthi and Durga Puja. These occasions offer a golden opportunity to venture into this domain. Producing unique, high-quality idols tailored to devotees’ tastes can not only address a cultural demand but also provide a steady source of income, making it a gratifying entrepreneurial venture.

Laundry Shop

There’s a distinct pleasure in donning fragrant, freshly laundered garments. If you can deliver a reliable laundry service, this business might be an appealing prospect for you. Building on this idea, consider employing a handful of skilled workers to manage the workload efficiently. This not only ensures customer satisfaction but also strengthens your business’s reputation for reliability and excellence.

With the ban on plastic bags, there’s been a surge in the production of paper bags, which are now highly sought after in malls and retail stores. Venturing into creating bags from sustainable materials such as jute and cotton could be a promising avenue. You can market these bags both online and offline.

By providing a sustainable alternative to plastic bags and tapping into the growing consumer inclination towards eco-friendly products, your innovative designs and eco-conscious business approach can make a mark in this burgeoning sector.

Career Counseling

If you’re well-acquainted with the contemporary job market and in-demand professions, career counseling might be a fitting pursuit. This venture can conveniently be run from home, offering both comfort and flexibility. Today, parents and educators are actively seeking seasoned career counselors to guide the youth in crucial career decisions. This presents a grand opportunity to make a profound impact whilst operating from your residence.

Pest Control

The pest control industry is witnessing consistent growth, especially in urban locales. This trend might be attributed to the urban population’s rising aspiration for a lifestyle devoid of health threats posed by pests and mosquitoes. As urban areas expand, the demand for efficient pest control services remains robust. 

Thus, stepping into the pest management arena in an urban setting represents an enticing and potentially profitable proposition. With an ever-growing emphasis on health and hygiene, the scope for pest control services to flourish and cater to urban residents is evident.

Commercial And Industrial Machinery Equipment Rental

Leasing commercial and industrial machinery and equipment to sectors like forestry, mining, transportation, and construction can be a rewarding enterprise. Notably, most of these businesses don’t possess their own equipment storefronts. Given the hefty cost of such machinery, many firms prefer renting over owning. While the initial expenses to kickstart this venture might be on the lower side, the potential returns are promising, standing tall against numerous other business genres.

Aquarium Shop

Starting an aquarium business can be both cost-effective and rewarding. Central to this endeavor is tasks like maintaining fish tanks and offering top-notch leasing and maintenance services to both individual and commercial customers. This business has a unique selling point due to its alignment with Vaastu principles. 

In the context of Vaastu, an age-old Indian architectural and design philosophy, an aquarium is considered auspicious. This distinctive aspect can make the business particularly appealing to those looking to infuse positive energy and harmony into their environments. Consequently, it stands as an enticing business proposition with a modest initial investment.

Landscaping Service

In landscaping, you would offer services such as planting flowers, trees, and shrubs, as well as lawn care to help clients beautify their gardens. Possessing expertise in creating flower beds and gardens is pivotal, as such enhancements can significantly bolster property value. With the current trajectory of rising real estate prices, this venture has the potential to yield substantial profits.

Fumigation Services

Fumigation involves the use of gaseous insecticides, either dispersed or introduced into a designated space, to exterminate pests effectively. These insecticides essentially eradicate the pests in the affected areas. To proficiently run this business, a thorough understanding of the chemicals used is essential.

Hosting Paid Webinars

A webinar is an online seminar presented by an organization or individual and broadcast to a select group via the Internet. During such sessions, the presenter can share various resources like PowerPoint slides, videos, or web pages with attendees from around the world. If you possess expertise in a specific domain, hosting webinars can be a lucrative avenue.

Affiliate Marketing

Affiliate marketing has consistently been a potent avenue for earning online. This digital marketing strategy has a long-standing history. At its core, you recommend an online product, and when someone makes a purchase based on your referral, you earn a commission. The allure of this venture lies in the minimal upfront investment required.

Consider opening a restaurant where patrons are served food and beverages in exchange for payment. While traditionally, guests would dine in, offering take-away and delivery options in today’s times is imperative. Launching such an enterprise demands meticulous planning and effort. With a competent team in place, you can initiate this venture with a modest investment from a reputable institution.

Readymade Namkeen Breakfast Shop

With the fast-paced lives many lead, Namkeen has become a popular quick breakfast option. Capitalizing on the growing preference for ready-made Namkeen and breakfast items over home-cooked meals, setting up a Namkeen Breakfast Shop could be a shrewd business decision. It offers a convenient solution to morning hunger pangs for those on the move.

Packaged Drinking Water

In India’s smaller towns and cities, there’s an escalating demand for packaged drinking water. Given its consistent growth potential, this business avenue presents an appealing proposition for budding entrepreneurs. The initial investment can vary based on the scale of operations, offering flexibility to suit diverse business models.

The consistent demand for milk and dairy products offers a promising business avenue. To embark on this venture, you’d need a modest retail space and cold storage facilities. This setup would allow you to offer a range of dairy products, from milk to dairy-based sweets. By tapping into the perpetual consumer demand for these items, you can establish a successful dairy business.

Hardware Shop

A hardware store typically stocks an array of items, encompassing electrical, plumbing, and construction materials. Profound knowledge of these products is pivotal for the success of the venture. An efficiently managed hardware store can typically achieve a net profit margin of around 10% of its daily turnover, reflecting its adeptness at cost management and catering to customers in a competitive market.

Textile Unit

The textile sector is integral to India’s economy, accounting for about 2% of the GDP and 15% of export earnings. Venturing into the textile business would entail supplying diverse textiles to the apparel and fashion sectors. Strategically positioning your store in a market with a demand for these textiles and ensuring your production unit has good transport links is essential for smooth operations.

What Small Business Has the Highest Success Rate?

The success rate of small businesses often hinges on various determinants such as industry, location, competition, fiscal management, and more. However, specific sectors tend to outshine others in success metrics.

Businesses in the service domain, especially professional services like consulting, accounting, legal, and IT services, consistently rank high in success rates. Their allure lies in the typically low overheads, minimal startup costs, and the requisite specialized skills, which can often command premium charges. With a constant revenue stream and a dedicated clientele, these businesses demonstrate longevity.

The healthcare sector also shines in terms of successful small businesses. Given the escalating demand for healthcare provisions, entities like home healthcare providers, nursing facilities, mental health services, and wellness clinics make for lucrative ventures. While they necessitate specialized expertise, the potential profit margins and expanding clientele make them attractive.

Furthermore, the food and beverage sector, especially niche or unique offerings, garners a high success rate. Ventures like specialty bakeries, gourmet coffee shops, or food trucks not only demand low initial investments but also promise substantial growth prospects.

In essence, a small business’s success pivots on myriad factors, from market demand to effective fiscal management. Hence, it’s paramount to undertake comprehensive research, craft a robust business plan, and solicit professional advice before diving in. Yet, with determination and the right strategies, any small business can thrive.

In essence, India is rife with economic opportunities, powered by its burgeoning economy, vast populace, and conducive entrepreneurial landscape. The aforementioned business ideas merely scratch the surface of the plethora of opportunities awaiting budding entrepreneurs in India. From the digital domain to traditional brick-and-mortar setups, India’s diverse economy caters to all. With innovation, dedication, and the right business idea, one can certainly navigate the vibrant entrepreneurial ecosystem of India.

What factors should I consider before starting a business in India?

Before diving into the Indian business landscape, consider aspects like market demand, competitive landscape, regulatory prerequisites, infrastructure quality, financing options, and talent pool availability. Familiarizing yourself with India’s legal, tax, and business stipulations is also vital.

What are the potential hurdles when initiating a business in India?

Entrepreneurs might face challenges like intricate regulatory mandates, bureaucratic hurdles, potential corruption, infrastructural constraints, intense competition, and limited funding avenues. Thus, preparedness and seeking assistance from pertinent governmental bodies and business networks are crucial.

Can non-residents initiate businesses in India?

Absolutely, non-residents can embark on business ventures in India. They must, however, adhere to the nation’s legal, business, and regulatory frameworks. This includes procuring necessary approvals and staying compliant with tax and employment laws.

How can one secure funding for business pursuits in India?

India offers diverse avenues for business financing, spanning venture capital, angel investors, bank loans, crowdfunding platforms, and government initiatives. A well-articulated business plan, coupled with clarity on funding needs, will be instrumental when reaching out to potential financiers or investors.

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How to Start a Business in India - The Complete Guide

Aspiring to become an entrepreneur or businessman and setting up businesses have been rising tremendously among the people. In India, everyone, especially the youth, is looking to develop unique business ideas and create opportunities to grow. This, in turn, is reaping benefits for both the business and the economy at large.

India is a land of opportunities, and to start and manage the business more straightforwardly, the country is equipped with proper methods and planned strategies that can make your dream come true. Though starting a business can be a challenging task, now, due to smooth work procedures and operations, things have turned easy.

Therefore, your decision to start a business in India will be more rewarding than any other time.

In this article, we will be discussing the start to end process and provide you with a complete guide of starting a business along with the following:

• Overview about Businesses in India

• What are the types of businesses to start in India?

• Why is it good to start a business in India?

• 12 Step guide to start and plan your business

• Registration Process of Business in India

• Documents required at the time of Registration

• Benefits of the Registration process in India

• Business Registration FAQ

• How can Deskera help your businesses?

Overview about Businesses in India

What is at present is now very different from before!

Talking about the Indian business scenario, the business structure witnessed a paradigm shift over the years, providing immense opportunities for the upcoming and growing sectors of the economy.

There is no doubt that the Indian government played a vital role in transforming Indian businesses by opening doors to possibilities and encouraging them to take these to their best advantage.

With the changes in Macroeconomic reforms, finance reforms, tax reforms, and relaxing the market, India revamped the entire map of doing businesses in India.

As a result, the scope of doing business in India has grown in magnitude. With the Make in India campaign, more and more companies are entering the market, focusing on achieving their operational and business effectiveness and creating a brand in itself.

Now, doing business in India is not a tedious task. Instead, it is made simpler for everyone to access sources via the schemes and initiatives and expand the business globally.

With these facts, it is sure that Indian businesses have a very long way to go to leverage up to the best possible way.

"Transformation at the right place at the right time opened gateways in making India turn into a business magnate."

What are the types of businesses to start in India?

India welcomes any kind of business to get started. You have the freedom to choose and start any business in the sectors like Automobile, Financial services, Cement, Gems and Jewellery, Healthcare, Information Technology, Banking, Insurance, Media, Oil and Gas, Real Estate, Textiles, Tourism, Hospitality, Agriculture, Pharmaceutical, Food, and the list is endless.

So, as a business, you can either offer product or service based on the field.

However, these are the following businesses and platforms that you can start in India:

• Sole Proprietorship Firm
• Partnership firm
• Limited Liability Partnership
• One Person Company (OPC)
• Private Limited Company
• Public Limited Company

1. Sole Proprietorship Firm

A sole proprietorship business is owned and managed by one single person. The small traders and merchants come under this category. Under this form of business, the registration is recognized through service or GST registration .

2. Partnership firm

A partnership firm is a form of business where two or more individuals agree to come together and manage the business's operations, as mentioned in the partnership deed. The setting up of a partnership form is less complicated and is a viable option, especially for home businesses.

3. Limited Liability Partnership

A Limited Liability Partnership differs from an ordinary partnership in terms of the liabilities of the partners.

Under this, partners associated with the firm are protected from negligence, misdeeds, and incompetence by other partners that do not demolish the Partnership.

4. One Person Company (OPC)

Under One Person Company, the business owner enjoys twin benefits. First being a solopreneur, and second, being a promoter of the company. The person can enjoy the advantages of forming a company except Equity funding or offering employee stock option plans.

5. Private Limited Company

Companies are the most popular form of business structure that is practiced in India. By forming a company, you can take advantage of funding, limited liability, and attracting suitable acquisitions.

The company is bound to conduct meetings and file annual returns stated by government jurisdiction under the Ministry of Corporate Affairs.

6. Public Limited Company

A Public Limited Company certainly has more advantages than a Private Limited Company. These companies have the right to issue IPOs to the public, attract investors and enjoy flexibility. These companies are suitable for organizations that have a different perspective and higher growth possibilities. A few examples include SAIL, GAIL, BHEL, IOCL, and a few more.

So, these are the six types of businesses that one can start in India. It is recommended that before selecting any of the business forms, you must go through the detailed features, advantages, and disadvantages and cover every factor before you go forward with the formation process.

Why is it good to start a business in India?

India is now at a very progressive stage. As a result, it is opening up to represent in the different markets across the globe. The Indian government provides a favorable business environment for all the organizations to come up and make most of their plans.

As a result, it is now more viable for businesses to set up their businesses in India to maintain their stability and growth in the market. Adding to it, the businesses can also get the opportunity to work and explore in the international market.

Let's take a look at the primary five reasons highlighting the advantage of starting a business in India:

• Ease of Doing Business
• Increase in the Market Demand
• Cost-Effectiveness
• Provide Sustainable Business Environment
• Scope of employment

1. Ease of Doing Business

As mentioned before, the government policies and market have made the procedure of starting a business easy. With the introduction of business-friendly laws, liberalizing the market, and reducing the procedures for registration, the government is providing a great deal to help people in business ease out the mode of starting the business.

I went back to those days of long queues because now the whole process has turned online.

2. Increase in the Market Demand

The demand of the Indian market has been consistently high. From essential items to luxury items, people in India need a variety of everything.

Keeping in mind the pace of population, the demand for the items has been rising high, encouraging the businesses to take the advantage to grow in the respective sectors and fulfill the demand accordingly.

3. Cost-Effectiveness

The process to start a business in India is much more affordable than compared to other countries. You can get the advantage of the accessibility of land, labor, electricity & infrastructure helping you scale the production level. At this point, you will be able to achieve economies of scale, resulting in a drop in the overall cost of production.

4. Provide Sustainable Business Environment

India is a developing nation, and being a host of business activities, the Indian market provides a sustainable environment for any type of business to maintain stability and flourish on a large scale.

India has turned a favorable table towards businesses by supporting the livelihood for the upcoming years.

5. Scope of employment

This reason is an effect of the previous one. By providing a sustainable business environment, the businesses offer employment opportunities to the people belonging to the sector and enhance their living standards.

All of the reasons mentioned above sum up the purpose of starting a business in India.

12 Step guide to start and plan your business

Before starting up your business, you need to be thorough with your background. By background, we mean having a mindset to start a business and seeing it through, despite the odds.

Following is the 12 step guide to get started with your business that can help you to turn your business idea into a successful execution:

• Think and decide on a business idea
• Conduct Market Research
• Acquire Skills and Training
• Document the Business Plan
• Financing the business
• Start with the Development of your Product or Service
• Build your team
• Decide on the location
• Register yourself as a business
• Create and Maintain a website
• Start with getting sales
• Level up and grow your business

1. Think and decide on a business idea

Before getting your hands over the business, it is crucial to think and decide on doing the business.

Since there are many lucrative business ideas available, break them down and create pointers, seek guidance, research ideas, and consider every factor before you push the button to start your business.

2. Conduct Market Research

After getting the business idea, the next step is to research within the market to break down the suitability of your objectives. You can start by examining your potential competitors and partners to understand the profound insights and information of the particular industry.

Market research is vital and should be at the topmost priority.

3. Acquire Skills and Training

After the initial steps, the third important step is to acquire the relevant skills, training & experience that can turn your business into a fortune. Before starting a business, it is crucial to learn specialized training courses or acquire the skills by working in different organizations and clients.

Your past knowledge and experience in the specific industry can help you to build fresh perspectives for your business because, after all, no one can understand your business better than you.

4. Document the Business Plan

With so much learning at different stages, it is essential to document your business plan's evolving aspects like feasibility studies, project reports from start to end, and other details.

By having a full-proof document plan, you can present it better and give your thoughts and ideas a professional touch. This will also help boost the prospects interested in knowing your plan and preparing you for future conduct.

5. Financing the business

Finance is the lifeblood of the business. The businesses need to finalize the source of the funds necessary to start the business.

The step involves acquiring estimates, calculating finances, and figuring out reliable ways to fund the business.

Few of the major sources include banks, Financial institutions, Cooperatives, Crowdfunding, Angel Investors, Venture capitalists, or self-funding.

6. Start with the Development of your Product or Service

After covering the five significant steps, it is now the time to develop the product and service, setting the purpose of a business. While developing your product or service, it is essential to prepare a checklist of finding a manufacturer, setting the price strategies, crafting the product, creating the trial run of the service or product, etc.

7. Build your team

During the initial stages of development, it is only you who will be working for your business. Later, you will require a set of teams that can help you to scale a business. The team members are a partner, employee, or freelancer that best fits your needs.

8. Decide on the location .

Deciding your location is one of the crucial steps involved in starting a business. The factors of the area include your qualifications and the target market that best suits your business operations. Either it can be a small shop, stall, or a full-fledged office.

There should be no compromise on the location because your business is highly dependent on it.

9. Register yourself as a business

After finalizing the finances, product & location, it is now the time to register yourself as a business and mark your presence in the market.

You need to carry out all the formalities of starting a business and complete the registration process that is the first step towards the launch of your business.

10. Create and Maintain a website

The pandemic has already brought the world into an online saga. By having a website, you can maintain your brand's online presence and allow direct ordering and payment processes of the products and services.

It will also help to create a brand in the market and enhance trust among your customers.

11. Start with getting sales .

This step is your business's future. Even if you have started, it is crucial to generate revenues by applying different sales strategies and techniques to gather the customer's attention.

Identifying the target market, growing the customer base, putting ads, creating sales funnels , sampling, sales promotion, or any other strategies that can convert your leads into revenue can help your business live by.

12. Level up and grow your business

Without a growth plan, no business can exist for a long time. As a result, the business needs to indulge in different ways to grow and expand for a better sustainable future.

By leveling up, the business can start a new target market, acquire other businesses, expand their offerings, plan out to market themselves, and create a good customer relationship .

There are several other strategies like doing in-depth research, hiring good people, making superior products, and delivering beyond expectation to pave your way to build the empire that you have always dreamt about.

And you are done.

The ultimate blueprint for starting your business!

"A business is not only about money; it's about the idea, perspective & execution."

Registration Process of Business in India

The registration process of businesses in India involves certain legalities that one needs to go through to be on the right side of the law.

Business registration is a step to embark on your journey as a business person and evolve the future course of action.

Following are the fundamental steps that are necessary at the time of registering the business in India:

• Select a suitable name for the business
• Application for the Digital Signature Certificate (DSC) and Director Identification Number (DIN)
• Preparation of the documents
• Login to the portal and fill the form.
• Submit the documents

1. Select a suitable name for the business

The first step is to choose and select the name of your business.

Your business name is your identity, and hence the process of naming your business is integral.

The name should be strong, unique, and well-aligned with your purpose that the people can remember.

While registering the business name, you need to ensure that your name doesn't match any other brand or company.

After you are done with the inspection, you can register your business name with the Registrar.

2. Application for the Digital Signature Certificate (DSC) and Director Identification Number (DIN)

As per the Information Technology Act'2000, the business must use digital signatures on the documents submitted in electronic form. For this, the business needs to apply for the Digital Signature Certificate as proof of valid documents. This will help to ensure the security and authenticity of the documents filed via online means by the person.

Similarly, the Director Identification Number is allotted to the individual appointed as a director of the business. The person needs to apply the form of DR-3 and obtain the number for registration.

3. Preparation of the documents

Preparing the documents required at the time of business registration depends on the type of business you are going forward with. There are different sets of documents and requirements to incorporate your business as a private limited company, OPC, Partnership firm, or other company.

It is recommended to list out the essential documents in advance that must be attached within the registration process.

4. Login to the portal and fill the form .

After you prepare the documents and complete the initial process, you are open to registering your firm or the business. Since the process has turned online, you need to fill the application form for Registration.

5. Submit the documents

After filling in the application form, the next and final step is to submit the documents in the PDF format that completes the registration process.

In this step, you will be required to pay the registration fees, and after the successful payment, you will obtain a registration number that you can use to track the progress of registration.

After cross-examining documents and getting a thorough check, your business will be successfully registered in the business books.

And now you are all set to start your business legally!

Documents required at the time of Registration

Before starting a business, it is essential to understand the documents required at the time of registration. All of the documents act as legal proof to start your business and meet the legal requirements in India.

As mentioned in the registration steps, the documentation requirements of businesses are different. You need to keep a check on documents prepared accordingly.

The list of standard documents required for the registration are as follows:

• Founder agreement
• Certificate of incorporation
• Business PAN Card
• Tax Identification Number (TIN)
• Digital Signature Certificate (DSC)
• Goods and Services Taxpayer Identification Number (GSTIN)
• Address Proof
• Other suitable documents

1. Founder agreement

The founder's agreement is an official contract signed by the founder of the firm. If there are co-founders, then both are required.

It also includes Photographs, Pan card & ID proof details of the Directors, Partners, or the Proprietor associated with the business.

2. Certificate of incorporation

The Certificate of Incorporation is a legal document that makes your business formation legal and brings the business into existence.

3. Business PAN Card

The PAN card of the business is a must-have document required for registration.

4. Tax Identification Number (TIN)

The Tax Identification Number (TIN) is a unique 11 digit number serving as the identity of the business

5. Digital Signature Certificate (DSC)

The Digital Signature Certificate acts as legal proof to use the signature of the business for official purposes.

6. Goods and Services Taxpayer Identification Number (GSTIN)

The GSTIN is mandatory for businesses, and the taxpayers are assigned a PAN-based 15-digit number.

7. Address Proof

Bank Statements, Electricity bills, or any other utility bill that can act as legal address proof of the registered office.

8. Other suitable documents

Based on the choice of business organization, you will be required to set the other documents pertaining to the same.

Benefits of the Registration process in India

With the advent of the internet and the smooth registration process, India offers many benefits in availing the effects of registration for businesses.

Let's take a look at a few of the benefits in carrying out the registration process:

• Ease in the transferability or sharing the ownership of the business
• Ease in opening a bank account and tax registrations.
• Facilitates funding for the business
• Reduces in various tax exemptions
• Facilitates business transactions with corporations
• Accessibility to resources and customers
• Hassle-free working process

Business Registration Frequently Asked Questions (FAQs)

After the complete and detailed guide of starting a business in India, let's take a look at the FAQs about Business Registration:

Q1 . How to choose the form of a business organization?

Answer: There are various factors that one must keep in mind before deciding the form of business. The common characteristics include business structure, nature, members, types of product or service. After collectively looking at all the elements, you can decide which business to incorporate.

Q2. Which is the best form of business organization to incorporate for a short period?

Answer: A sole proprietorship is the best form of organization that you can choose to undertake your operations for a short period. The registration process is also simple and easy, suiting the requirements.

Q3 . Which is the best form of business organization to incorporate for a more extended period and stability

Answer: A company or a partnership firm is the best form of business to incorporate for a more extended period. The registration process is lengthy and time-consuming, but you will enjoy all the rights of owning the company after that.

Q4. What is a Nidhi Company?

Answer: A Nidhi Company is incorporated to cultivate the habit of spending, save among the members via regular deposits, and provide mutual benefits to each other.

Q5. Can more than One Person be a part of One Person Company?

Answer: No, as the name suggests, only one person will be associated as a member, director, or shareholder of the company. However, the person must appoint one nominee who will undertake activities on his behalf due to the person's unavailability.

Q6. What are the advantages of a Limited Liability Partnership?

Answer: With the incorporation of LLP, you will be entitled to the limited liability of partners, perpetual succession, decision-making power, and simplified incorporation procedure as advantages.

Q7. What are the prescribed number of members, directors, and shareholders in LLP?

Answer: The prescribed number of LLP members includes a minimum of 2 and maximum as not defined. They are not entitled to become directors or shareholders.

Q8 . Can a private limited company float shares to the general public?

Answer: No, the Private Limited Company cannot flow shares to the general public.

Q9. What is the document issued for different business organizations in India?

Answer: The document issued for different business organizations in India are as follows:

• A sole proprietorship doesn't require any registration, but yes, a tax certificate acts as a legal document.
• Partnership Deed is the document for Partnerships
• Certificate of Incorporation is the documents for companies

The Government of India is looking forward to scaling up the business sector of the country. Hence, the policies of Ease of doing business and capturing the business capital globally, India aims to provide a wide variety of options to start the business and conduct the activities successfully. The entire process has turned online, making it convenient for everyone. The government is supporting the process by digitizing the methods of registering a business in India. With the help of schemes and initiatives, the aim of owning a business has turned successful.

How Can Deskera Help Your Businesses?

Deskera is an all-in-one small business software that handles your accounting, financial reports , payables and receivables, taxations, invoices , invoice reminders and many such business activities all at one place and at the same time.

It also has an advanced inventory management system that can keep a track of the multiple warehouses, stock transfers and adjustments and bills of materials to mention a few functions.

Through its automated system, Deskera books also make it possible for your business to always give timely deliveries to your customers. This will increase their satisfaction with your business and ensure their return to you.

By being affiliated with various banks and payment options, Deskera books will also make it easier for your customers to make your payment which will hence improve your cash flow balance. A positive cash flow will facilitate the growth and development of your business which in turn will earn you more revenue.

Deskera books will manage your sales and orders from their start till the finish, and will also make the invoices on your behalf and send them to your customers. If the invoice payment is delayed, it will also take follow-ups with your customers- or at least remind you to do so.

Deskera books will also assist you to pick pack ship your orders as well as track your drop shipped orders.

Further on, Deskera CRM will help in contact and deal management , sales pipeline , email marketing campaigns as well as customer support to mention a few important functions.

All in all, Deskera will enable you to track your business’s key performance indicators in real-time, facilitate faster and well-informed decisions and improve cash flow for your business.

Key Takeaways

And here we are at the end of the article covering A to Z about starting a business in India.

Let's take a look at the key takeaways of the article:

• India is a land of opportunities to start and manage businesses.
• There has been a paradigm shift in the Ease of doing business and providing opportunities for growth in India.
• There are six types of businesses that one can start in India- Sole proprietorship, Partnership, Limited Liability Partnership, One Person Company, Private Limited Company, and Public limited company.
• India is at a progressive stage, and it is viable for businesses to set up their business in India.
• The advantages of starting a business in India are the Ease of doing business, cost-effectiveness, increase in market demand, the scope of employment, and a sustainable business environment.
• There is a 12 step guide to get started with your business idea into successful execution. The steps are vital, from thinking and deciding on a business idea to leveling up and growing the business.
• Five fundamental steps facilitate the registration process of business in India. The steps include selecting a name for the business and the final submission of documents.
• Documents act as legal proof to start your business. The primary document includes PAN, DSC, GSTIN, address proof, and other documents.
• Due to the advent of the internet, there are few benefits of carrying out the registration process in India

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Top 10 Small Business Ideas in India 2022

Haven't we always adored our street-side Mithaiwala, hawkers calling out to buy their pretty products and that beauty parlor didi? Well, they have all contributed to the economy by starting those small businesses.

These modest firms offer employment opportunities, changing India's reputation from a nation that seeks employment to one that creates work. Register with Amazon Business to be a part of the small business revolution!

So, if you're wondering about small business ideas in India or whether you should start a small business, then keep reading.

What is Small Business?

Small business refers to the kind of industries producing goods and services on a small scale. The economic development of a nation could be affected by small businesses. Let's take a look at the characteristics of a small business for a better understanding:

• Ownership : Small businesses have a single owner. Hence it's known as a sole proprietorship.
• Management Style : One owner controls the complete management team and calls the shot.
• Limited Reach : The limited or restricted area of operation with limited reach. Like a local shop or area located in an area.
• Labor Driven :  Small businesses are manpower and labor dependent
• Flexibility :  As they are small, unlike large industries, they are very flexible
• Resources : Small businesses utilize local resources with better utilization of natural resources and reduced wastage.

Why start a Small Business?         

It takes a lot of faith to decide to launch your own company. It's like stepping outside of your comfort zone and trying something novel. Although a lot of labor and some risks are involved, the potential returns are enormous.

Why wait around if that thought delights you?

If you don't agree with us fully yet, maybe you will once you know the top 5 reasons to start a small business:

1. You Can Begin from Nothing

This is your enterprise! You set the guidelines. Your freedom is not constrained by your boss's or the company's culture's rules and regulations. Now you can provide a good or service that fulfills your goal.

Your concepts will be the rules. Maybe you've come up with a solution to improve procedures. Perhaps you want to guarantee that your workers receive fair pay and paid time off for family obligations. Whatever issues you may have had at work, starting your own business allows you to try something new.

2. Freedom of Creativity

You can develop a concept or idea that no one has ever tried. You will control what your company produces or sells with your own company. Even if you're planning to dab into products and services that are already existing in the market, you can now develop novel, unconventional solutions to problems daily.

3. Control your Life

You can choose how to create your work schedule with your own company. Of course, during the early years, you will have to work long hours for your business growth. However, once your business is established, you can spend more time with your family and friends and create a flexible schedule for yourself.

4. Financial Freedom

Starting a business shouldn't be done to get rich. There are many ways to create money that don't involve working as hard or taking as many risks as owning a business.

However, the desire to support your family and improve your life can be a strong drive. And you can probably make more money as a business owner than an employee in the long run. Make sure you have the necessary operating capital and around six months' worth of living expenses before starting your firm.

5. Finding Your True Calling

Finding a niche and filling it is standard business advice. However, many opportunities still need to be discovered. Sometimes, listening to your friends or family's annoyances can frequently help you find your specialty.

List of top 10 Small Business Ideas

It may seem difficult to develop a solid business idea, but with little thought and preparation, you may quickly start a small business to supplement your income or work for yourself full-time. Choose small profitable business ideas today!

Here are the top 10 small business ideas to inspire you to follow your dreams:

1. Electronic Appliance Store

One of the top 10 small business ideas in India is the electronic appliance store. The enormous demand for electronics products has propelled the electronics sector to new heights. People heavily use electronic products in virtually every activity, making it a small profitable business idea.

Before opening an electronic store, you need a plan to develop your business. Make sure to know your competitors and choose the right location for your business. Research how your competitors are running their stores for you to implement one of the best business ideas in India.

2. Cleaning and Sanitation Product Store

Starting a cleaning and sanitation product store is a good small business idea. However, decide if you want to dab into all kinds of cleaning processes or a niche category. You can choose to supply products for medical office cleaning, window, and blind cleaning, pressure washing for exterior cleaning, floor and carpet cleaning, restroom cleaning and disinfecting, disaster cleaning, etc.

3. Marketing Agency

Launching a marketing agency is yet another small business idea in India to think about. If you have marketing industry experience or want to offer creative marketing solutions for different clients, open a marketing agency. You can start small with a few equipment to help you work online, like a laptop , office chairs , monitors , Wi-Fi routers , etc.

The most typical route is to acquire this knowledge and focus on some of your earliest first customers. Demonstrate the value of your business, and early clients frequently open the door to a network of recommendations that might go on forever.

If fitness is your passion? One of the best small business ideas in India is opening a gym. You could pick a locality where people notice you. Create a solid business plan, including funding to keep your business stable.

Don't underestimate the power of good interiors. Invest in good interiors and set up the gym with all the required equipment. Get the required licenses and hire good trainers. Marketing for your gym can start with great discounts for families, women, men, etc.          

5. Gift Shop

Everyone likes receiving gifts. We never show up at any occasion without a gift, whether a wedding, birthday, baby shower, or anniversary. Opening a gift shop is one of the small business ideas in India you could try. However, before opening one, consider the location and make sure you have a website with the products listed.

You could also try opening a gift shop online ( For assistance, read our blog- Start an online business in India )  by procuring the right items.

6. Pantry Shop

The ups and downs of the economy have little impact on the profitability of starting a modest pantry shop. That is why the concept of creating a pantry shop is one of the best small business ideas in India.

Having an inventory management system is extremely crucial to running a pantry shop. Make a strategy to know how much money you'll need to establish a pantry shop, whom to target, and how to increase profitability. The location of your pantry shop is vital because different areas have different clientele.             

7. Beauty Products Store

It would be best if you first comprehended how makeup and cosmetics function. If you have prior experience in the cosmetics industry will be beneficial. Decide whom to target and which market to dive into- aging issues, teens, women, or men. What marketing and promotion tactics to employ? How are you going to out-compete other cosmetics shops?

Finally, incorporate capital investment, cash flow, and estimated rate of return into your financial strategy.

Salons can be reliable and lucrative small business ideas in India, but you need to be well-prepared and have a solid business strategy before you can operate one.

You can build a devoted clientele for your salon by identifying a niche in the market.

The most crucial elements for a salon to prosper are a positive workplace environment, knowledgeable staff, and an appreciation of the value of its offerings.

Consider what distinguishes your salon from others. Are they the services you provide? Your courteous staff? Your personalized encounters? Try to make it the center of your identity, whatever it may be, and expand your company.  

9. Security Systems Store

You must conduct extensive research before beginning new security systems store to ensure you will be well-positioned for sustained success in the sector.

Selecting a business model should be one of your initial choices. Will you run a dealership or a franchise, or will you run your business entirely on your own?

Once you've chosen your company's home security services sector, you'll need to contact the franchisor(s) you're thinking of to determine whether the venture will be a good fit. Talk about the costs and business terms. Find the right location for your business. People should be able to locate you easily.

10. Industrial and Safety Equipment Store

Establishing an industrial and safety equipment store can be pretty straightforward and one of the best small business ideas in India, especially if you have a thorough business plan that details your goals and objectives, and strategies.

Advertising is crucial if you want people to learn more about your company and reach your target market. If you own a business website, you can distribute newsletters, flyers, and business cards, promote in magazines, and run online advertisements. Begin looking for a suitable site for your store.

Low Budget Small Business Ideas 2022

Starting a business with a low budget is possible! Ideas for small businesses are right here! Let's take a look at the top 5 low-cost small business ideas list:

1. Event Management

Are you someone excited about planning events and organizing parties? Then consider opening an event management business. Your business's growth, success, and stability depend on your client's happiness and the experience you deliver.

Therefore, hiring the right talent and having impeccable teamwork, problem-solving skills, and quick decision-making is extremely important for this business. You could start with a small office but have all the required tools like the best printers , laptops, and best office chairs .

2. Online Tutoring

What do you feel strongly about? Marketing? Baking? Web design? By providing online classes, you can assist others in improving their life if you are an expert in your field. Make videos and packets of information that may be downloaded, or arrange for clients to have live/ online classes.

Buying a projector will help you showcase your teaching content in the video. It will be an interactive way of teaching.

A home-based or online tutoring business is one of the top small business ideas in India for ambitious or aspiring educators.

3. Video Creation

Many businesses, influencers, and aspiring YouTubers want to take their videos to the next level but lack the tools or expertise necessary to make high-quality films. Being a freelance video producer is a wise business choice if you have experience as a video producer, a strong portfolio, and the drive to assist people and companies in creating great videos. This could be one most successful small business ideas for you.  

4. Life Coach

Ever thought of working as a life or career coach? Many of us seek career guidance, but it can be challenging to locate a mentor with the time to help. If you've expertise in successfully handling professional, personal, and societal changes, go for it.

Although life coaches aren't cheap, they can provide clients with the intensive, practical instruction and guidance they require to make significant progress in their personal and professional lives.

After all, we could all use a bit of inspirational advice now and then, especially ever since the pandemic making it one of the best Small Business Ideas 2022.

5. Fashion Business

Why not launch your fashion empire with a neighborhood shop if you have dreams of doing so? Create a buzz with eye-catching dress choices, motivational social media profiles, and active community involvement.

While it is possible to create an offline business, you can also try it online. If that is successful, you may then build a local store.

There are various ways to launch a clothes store. First, if you have fashion design knowledge or know how to sew, knit, and choose colors and designs, you can make the clothing yourself.

How to start a Small Business?

Having small business ideas in India is one thing, but the know-how of actually starting one is another. Before you stress yourself out on how to implement your best business ideas in India, here's a stepwise guide to give you direction:

Things to consider before starting a Small Business

Even if you have identified the top 10 small business ideas in India, problems are bound to occur, and struggle is your daily companion when materializing any of them. A lot of thinking and decision-making goes into actually establishing a small business. Most successful small business ideas in India come from careful consideration:

Therefore, consider these things before you venture onto your small business:

• Do Intense Research

Research, research, and a lot of research should be part of your daily routine to know your industry and your competitors, to identify the unique selling point, and to even understand which demographic to target. Most successful small business ideas in India always come from intense research.

Always remember, maybe you are not the only one with the most successful small business ideas!

• Pick your Audience           

Knowing your target audience or key demographic is crucial to implementing profitable small business ideas. Understand your audience's shopping behavior, needs, and priorities, to find out what you can offer them.

If there's a misalignment between what you're delivering and what the consumer wants, it'll be difficult to find success.

• What's your mission?

It's a task to pick your endeavor from the small business ideas list, let alone stay on course with your end goal. Define your mission, reiterating the purpose of your business. Most of the decision-making to expand, sustain, and grow your business is informed by the core business purpose, strengths, and lacking aspects of your business.

• Pick a legal structure        

The most crucial thing to consider before acting on any of the best small business ideas in India is choosing its legal structure. Many paperwork, documentation, licenses, registrations, tax concerns and other legal aspects are associated with starting any business, big or small.

• How are your finances?   

Ah yes, the most pressing concern for any small business ideas to materialize is mapping out your finances. Some entrepreneurs start with a small amount and struggle later. Have a clear picture of the amount you need for registering a company, infrastructure, employee hiring, taxes, business operations, and other expenditures.

• Understand your tax burden      

Timely tax payments are one thing you need to ensure. Moreover, knowing your recurring, intermittent, and regular taxes to a state or country will determine your payroll. Hire a professional to make you understand if you have to, but clearly understand when whom, and how to pay the taxes and fees.

• Know the risks

No business can grow or flourish without taking any risks. Before you check off one of the top 10 small business ideas in India, know the risks involved in the industry before jumping into the business plan. Decide how you'll tackle or manage these risks beforehand.

• Have a solid business plan

A business plan is a blueprint of steps or actions you need to take for a successful business launch and sustained growth. Have this document ready to go whenever requested, and ensure it has all the relevant components:

• The mission statements
• Business description
• List of services or products you offer
• The list of decision-makers in company
• Your financial plan
• An analysis of the current market and opportunity
• Your timing is a big deal

Believe it or not, timing has a very significant role to play in your business launch, product launch , business expansion, and partnership decisions you will make. If you launch your business at the wrong time, you may take a big blow, or if you wait too long, you may miss the bus. Make a list of business ideas.

•   Who are your mentors or advisors?

Finding the right aspiring and experienced advisors or mentors is important when setting up your business. Actualizing ideas for small business takes a lot of aid, helps, and experiential knowledge to guide and direct you. Don't think of doing it alone. Find the ones who've been through this journey and struggled before.

• Bring in professionals

Hire professionals and tap into their experience as it's impossible to know everything as an entrepreneur. Especially legal assistance for setting up a new business, registering it, and the legalities of labor laws and other employee hiring processes.

How can Amazon Business help in starting your Small Business?

Amazon Business can be crucial in helping start your small business. Here's how:

• Become a seller with Amazon Business and sell your products
• Take advantage of the Amazon Launchpad platform for entrepreneurs and innovative products
• The Amazon Small Business Month is dedicated to encouraging small businesses
• Events like Stock-up Sale, EMI Fest, Great Indian Sale, and Business Value Days to purchase office supplies, stationary, and other items at a lower price
• Moreover, the business has exclusive GST invoice discount s , bulk discounts , and doorstep delivery for cost-effective business purchases.

Giving wings to your small business ideas in India is possible with a well-thought-out business plan, a clear mission, enough budget, and the passion for becoming an entrepreneur. Even if you have a list of small business ideas in the bag, the success of your endeavor decides on your persistence, business strategy, decision-making ability, and problem-solving skills.

We hope this blog gives you some direction and guidance to substantiate your list of business ideas for small businesses. 

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What are the challenges faced by small businesses?

Even with the most successful small business ideas, some common challenges are faced by most small companies, including:

●       Funding problems

●       Hiring the right people

●       Difficulty in balancing growth and quality

●       Lack of brand popularity

●       Not enough time

What is meant by a unique selling proposition (USP)?

A unique selling point (USP) is the hook that differentiates your product or service from your competitors. The unique selling aspect of your product or service like guaranteed and fast delivery for Amazon Prime members or 15-20 minutes delivery by Instamart etc.

What makes the business successful?

Even if you have small profitable business ideas, two factors impact your business success in this consumer driver society, i.e., customer service and consumer experience.

What are the goals of a business?

Business goals ate targets, achievements, or accomplishments a company wants to achieve long-term or short-term. Business goals are relevant to drive the company's decision-making, growth, and future. Make a list of small businesses and choose the right path to follow!

How can small businesses increase profit?

Everyone wants their ideas for small businesses to flourish into a successful endeavors. Make a list of small business ideas after a good research. Here are some things you can try to enhance the profit of your small company:

●       Finding new leads and converting them

●       Launch new products or services

●       Increase the order size

●       Expand to a new area

●       Enhance business operations

●       Seek recurring sales opportunities

●       Keep your employees happy

Product Updates

• Best Products

How to Start a Small Business in India in 11 Steps

• April 29, 2024
• by Next What Business Research Team

It is without saying, starting a small business in India can be an exciting and rewarding venture. At present, India boasts a growing economy and a thriving entrepreneurial ecosystem. In addition, the country offers numerous opportunities for individuals looking to launch their own enterprises. However, you need to do careful planning, research, and understand the legal and regulatory system to establish a business in India. In this article, we will walk you through the essential steps involved in starting a small business in India, covering everything from idea generation to registration, financing, and marketing.

Here are the 11 Steps to Start a Small Business in India

1. select a business idea.

Coming up with a unique and viable business idea is the first step towards starting a small business in India. Here are some tips to help you generate innovative ideas:

• Identify a Problem: Look for problems or gaps in the market that you can address with your business idea. Think about the needs and challenges faced by consumers or businesses in India.
• Follow Your Passion: Consider your hobbies, interests, and skills. Starting a business in an area you are passionate about can increase your chances of success.
• Research Trends: Stay updated with the latest trends and emerging industries. Look for opportunities in sectors such as technology, e-commerce, renewable energy, healthcare, and education.

2. Do Market Research

Before diving into the implementation of your business idea, it is crucial to conduct thorough market research . This will help you understand your target audience, competitors, and market dynamics. Follow these steps to conduct effective market research:

• Define Your Target Market: Identify your ideal customer profile and segment the market based on demographics, psychographics, and buying behavior.
• Analyze Competitors: Study your competitors’ products or services, pricing strategies, marketing techniques, and customer reviews. Identify their strengths and weaknesses to differentiate your business.
• Assess Market Demand: Determine if there is a demand for your product or service. Conduct surveys, interviews, or focus groups to gather feedback and validate your business idea.

3. Create a Business Plan

Developing a comprehensive business plan is essential for outlining your business goals, strategies, and financial projections. It serves as a roadmap for your business and helps attract potential investors. Here are the key elements to include in your business plan:

Executive Summary

Provide an overview of your business plan, highlighting the key elements and objectives of your business.

Company Description

Describe your company, its legal structure, mission statement, and core values. Explain your unique selling proposition and the market need your business aims to fulfill.

Market Analysis

Conduct a comprehensive analysis of your target market, including its size, growth potential, and trends. Identify your target customers and analyze your competition.

Products or Services

Detail the products or services your business offers. Explain their features, benefits, and competitive advantage. Discuss any intellectual property or patents associated with your offerings.

Marketing and Sales Strategy

Outline your marketing and sales strategies to reach your target customers. Include your pricing strategy, distribution channels, and promotional activities.

Organizational Structure and Management

Describe the organizational structure of your company and introduce key members of your management team. Highlight their qualifications and relevant experience.

Operations and Processes

Explain how your business will operate on a day-to-day basis. Discuss your location, facilities, production processes (if applicable), and any technology or equipment required.

Financial Projections

Present your financial projections, including sales forecasts, expense estimates, cash flow projections, and profitability analysis. Include assumptions and supporting data.

Funding Request

If you are seeking funding, clearly state the amount you need, the purpose of the funds, and how you plan to utilize them. Include a repayment plan and potential investor returns.

Risk Analysis

Identify potential risks and challenges that your business may face, such as market competition, regulatory changes, or economic factors. Discuss your risk mitigation strategies.

• Legal and Compliance

Describe the legal and regulatory requirements specific to your industry and business. Include information about licenses, permits, intellectual property, and compliance with labor and tax laws.

Implementation Plan

Outline the steps and timelines for implementing your business plan. Break down the tasks, assign responsibilities, and set milestones to track progress.

Include supporting documents such as resumes of key team members, market research data, product/service brochures, and any other relevant information.

4. Products or Services

Describe your offerings, their features, and how they address the needs of your target market. Highlight any unique selling points that differentiate your business from competitors.

• Marketing and Sales Strategy: Outline your marketing and sales approach, including channels, pricing strategies, and promotional activities. Consider digital marketing techniques such as social media marketing, search engine optimization, and content marketing.
• Organizational Structure: Define the roles and responsibilities of key team members and discuss the organizational structure of your business.
• Financial Projections: Provide a detailed financial forecast, including projected revenue, expenses, and cash flow statements. This will help you assess the financial viability of your business and attract potential investors or lenders.

5. Legal Requirements and Registrations

Starting a small business in India requires complying with various legal and regulatory requirements. It’s important to understand the legal obligations and complete the necessary registrations. Here are the key steps to follow:

• Obtain a Digital Signature Certificate (DSC): A DSC is required for the online filing of various documents. You can obtain a DSC from certified authorities.
• Register for Director Identification Number (DIN): If you plan to set up a company, you need to obtain a DIN from the Ministry of Corporate Affairs (MCA). This unique identification number is necessary for all existing and potential directors of a company.
• Register Your Business Name: Choose a unique name for your business and check its availability. Register the name with the Registrar of Companies (RoC) under the Companies Act, 2013.
• Incorporate Your Company: If you opt for a private limited company or a one-person company (OPC), you need to incorporate it with the RoC. Submit the required documents, such as the Memorandum of Association (MoA) and Articles of Association (AoA), along with the registration fee.
• Obtain Permanent Account Number (PAN): Apply for a PAN from the Income Tax Department. A PAN is essential for conducting business transactions and filing income tax returns.
• Goods and Services Tax (GST) Registration: If your annual turnover exceeds the specified threshold, you must register for GST . This registration enables you to collect and remit GST on your products or services.
• Obtain necessary licenses and permits: Depending on the nature of your business, you may need additional licenses and permits, such as a trade license, health license, or FSSAI license for food-related businesses. Research the specific requirements for your industry and comply accordingly.

6. Select the Right Business Structure

Selecting the appropriate business structure is crucial as it determines your legal and financial liabilities, taxation requirements, and compliance obligations. Here are the common business structures in India:

• Sole Proprietorship: This is the simplest and most common form of business structure. In a sole proprietorship , an individual owns and operates the business. The owner is personally liable for all debts and obligations.
• Partnership: A partnership is formed when two or more individuals join together to run a business. The partners share profits, losses, and responsibilities as per the partnership agreement.
• Private Limited Company: A private limited company is a separate legal entity from its owners. It requires a minimum of two shareholders and two directors. The liability of shareholders is limited to their shares in the company.
• One-Person Company (OPC): An OPC is a type of private limited company that can be formed with just one shareholder and one director. It offers limited liability protection to the owner.
• Limited Liability Partnership (LLP): An LLP combines the benefits of a partnership and limited liability protection. It is suitable for businesses where partners want to have limited liability but also participate in the management of the company.
• Public Limited Company: A public limited company can raise capital from the public through the sale of shares. It requires a minimum of seven shareholders and three directors. Compliance requirements are more extensive compared to other business structures.

Suggested Read:  How to Register a Small Business in India

When choosing the right business structure, consider factors such as liability protection, tax implications, ease of compliance, scalability, and long-term goals. It is advisable to consult with a legal professional or chartered accountant to make an informed decision.

7. Arrange Funds

Securing adequate funding is crucial for starting and growing a small business. Here are some funding options you can explore:

• Bootstrapping: Self-funding your business using personal savings or assets is a common approach for small businesses in the initial stages. It allows you to maintain control and ownership of your business.
• Bank Loans: Banks and financial institutions offer various loan schemes specifically designed for small businesses. Prepare a solid business plan and financial projections to increase your chances of loan approval.
• Government Schemes: The Government of India has introduced several schemes to support small businesses. Explore schemes like the Mudra Loan , Stand-Up India, and Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGTMSE).
• Angel Investors and Venture Capitalists: Angel investors and venture capitalists provide funding in exchange for equity or a stake in your business. They often bring valuable expertise and networks to help your business grow.
• Crowdfunding: Crowdfunding platforms allow you to raise funds from a large number of individuals who believe in your business idea. Create a compelling pitch and leverage social media to attract potential backers.
• Incubators and Accelerators: Joining an incubator or accelerator program can provide funding, mentorship, and access to resources and networks. These programs are particularly beneficial for tech startups and innovative businesses.

It’s important to evaluate each funding option based on your business needs, growth plans, and financial circumstances. Prepare a solid business plan, financial projections, and any necessary collateral or documentation to increase your chances of securing funding.

Suggested Read:   Best Credit Cards in India

8. Setting Up Your Business Location

Choosing the right location for your small business is crucial for its success. Consider the following factors when selecting a business location:

• Target Market Proximity: Assess the proximity of your target market and ensure easy accessibility for customers. A location close to your target audience can help attract and retain customers.
• Competition Analysis: Research the presence of competitors in the area. Evaluate their strengths, weaknesses, and market share. Choose a location that allows you to differentiate and stand out from competitors.
• Infrastructure and Amenities: Consider the availability of essential infrastructure and amenities such as transportation, parking, utilities, and telecommunications. Ensure that the location supports your business operations efficiently.
• Cost Considerations: Evaluate the cost implications of the location, including rent, utilities, taxes, and maintenance. Balance your budget with the potential benefits of the location.
• Legal and Zoning Regulations: Ensure compliance with local zoning regulations, licenses, permits, and health and safety requirements. Consult with local authorities or seek professional advice to navigate the legal aspects.
• Future Expansion Possibilities: If you plan to scale your business in the future, consider whether the location allows for expansion or additional space.

Remember to conduct thorough research, visit potential locations, and weigh the pros and cons before finalizing your business location. The right location can significantly impact your business’s visibility, foot traffic, and overall success.

9. Hire Employees

As your business grows, you may need to hire employees to support your operations. Here’s a step-by-step guide to the hiring process:

• Identify Staffing Needs: Determine the roles and responsibilities required for your business. Assess the skills and qualifications necessary for each position.
• Recruitment Strategy: Develop a recruitment strategy to attract qualified candidates. Use job portals , social media, and professional networks to advertise job openings. Consider partnering with recruitment agencies if needed.
• Screening and Interviewing: Review resumes and shortlist candidates based on their qualifications and experience. Conduct interviews to assess their skills, cultural fit, and potential contribution to your business.
• Employment Contracts and Offer Letters: Once you’ve selected a candidate, issue an employment contract or offer letter. Clearly outline the terms and conditions of employment, including salary, benefits, working hours, and expectations.
• Employee Onboarding: Provide proper onboarding to new employees. Introduce them to your business, its values, policies, and procedures. Provide necessary training and resources to ensure a smooth transition.
• Compliance with Labor Laws: Familiarize yourself with labor laws and regulations in India. Ensure compliance with minimum wage requirements, working hours, leave policies and employee benefits.
• Create a Positive Work Culture: Foster a positive work culture that encourages productivity, collaboration, and employee engagement. Recognize and reward employee contributions to boost morale and loyalty.

Remember, hiring the right employees is crucial for the success of your small business. Take the time to find candidates who align with your business values and have the skills necessary to contribute to its growth.

10. Manage Finances

Effectively managing your business finances is essential for long-term success. Here are some key tips to help you manage your finances efficiently:

• Separate Personal and Business Finances: Open a separate bank account for your business to keep personal and business finances separate. This simplifies accounting and helps track business expenses accurately.
• Maintain Accurate Financial Records: Keep detailed records of all income, expenses, and financial transactions. Use accounting software or hire a professional accountant to ensure accuracy and compliance.
• Track Cash Flow: Monitor your cash flow regularly to understand the inflows and outflows of your business. Maintain sufficient cash reserves to cover expenses and manage any unforeseen situations.
• Budgeting and Financial Planning: Create a budget that outlines your projected income and expenses. Regularly review and adjust your budget based on actual financial performance.
• Invoice and Payment Management: Implement efficient systems for invoicing and payment collection. Follow up on overdue payments and consider offering discounts for early or timely payments.
• Tax Compliance: Stay updated with tax regulations and fulfill your tax obligations. Maintain proper documentation and file tax returns on time to avoid penalties.
• Seek Professional Advice: Consider consulting with a financial advisor or accountant to ensure compliance, make informed financial decisions, and optimize your business’s financial health.

By implementing effective financial management practices, you can gain better control over your business finances and make informed decisions for growth and profitability.

11. Marketing and Promoting Your Business

Marketing plays a crucial role in establishing your brand, attracting customers, and driving business growth. Here are some effective marketing strategies for small businesses:

Develop a Marketing Plan

Outline your marketing goals , target audience, and strategies to reach them. Identify the most effective channels and tactics based on your target market and budget.

Build an Online Presence

Create a professional website that showcases your products or services. Optimize it for search engines (SEO) to improve visibility. Utilize social media platforms to engage with your audience and build a

Content Marketing

Create valuable and informative content, such as blog posts, articles, and videos, that resonate with your target audience. Share this content on your website and social media platforms to establish yourself as an expert in your industry.

Social Media Marketing

Leverage social media platforms like Facebook, Instagram, Twitter, and LinkedIn to connect with your target audience. Share engaging content, run targeted ad campaigns, and interact with your followers to build brand awareness and loyalty.

Email Marketing

Build an email list of interested prospects and customers. Send regular newsletters, promotions, and updates to stay connected and nurture relationships with your audience.

Local Marketing

If your business targets a specific geographic area, focus on local marketing strategies. This can include participating in local events, sponsoring community initiatives, and collaborating with other local businesses.

Customer Referrals and Reviews

Encourage satisfied customers to leave reviews and testimonials. Offer referral incentives to existing customers who refer new customers to your business.

Collaborations and Partnerships

Seek opportunities to collaborate with complementary businesses or influencers in your industry. This can help expand your reach and attract new customers.

Online Advertising

Consider paid online advertising options such as Google Ads, social media ads, and display ads to reach a wider audience and drive targeted traffic to your website.

Track and Analyze Results

Regularly monitor and analyze the performance of your marketing efforts. Use tools like Google Analytics to track website traffic, conversion rates, and other key metrics. This data will help you optimize your marketing strategies for better results.

Remember that marketing is an ongoing process. Continuously evaluate and refine your marketing strategies based on the results you achieve and the evolving needs of your target audience.

FAQs about Starting a Small Business in India

How long does it take to start a small business in india.

The time required to start a small business in India can vary depending on factors such as the chosen business structure, registrations, and obtaining necessary licenses. On average, it can take anywhere from a few weeks to a few months.

Do I need a business plan to start a small business in India?

While a business plan is not a legal requirement, it is highly recommended. A well-thought-out business plan helps you define your business goals, strategies, and financial projections. It also serves as a roadmap for your business’s success and can be useful when seeking funding or partnerships.

Can I start a small business in India with limited capital?

Yes, it is possible to start a small business in India with limited capital. Many successful businesses have started small and grown over time. Bootstrapping, seeking government schemes, and exploring alternative funding options like crowdfunding can help you start with limited resources.

What are the popular sectors for small businesses in India?

Some popular sectors for small businesses in India include e-commerce, food and beverage, retail, information technology, healthcare, education, and consulting services. However, the choice of the sector should align with your interests, skills, and market demand.

Do I need a business license to start a small business in India?

The requirement for a business license depends on the nature of your business. Certain businesses may require specific licenses and permits, such as trade licenses, FSSAI licenses, or professional licenses. Research the licensing requirements relevant to your industry and comply accordingly.

Can I start a small business in India while still being employed?

Yes, you can start a small business in India while being employed. However, it is important to review your employment contract to ensure there are no conflicts of interest or restrictions. Additionally, balancing your time and responsibilities between your job and business will require effective time management and dedication.

In conclusion, starting a small business in India requires careful planning, research, and understanding of the legal and financial aspects. By selecting the right business structure, securing funding, choosing a suitable location, hiring the right employees, managing finances efficiently, and implementing effective marketing strategies, you can set yourself up for success.

How to Start a Small Business in India – An Ultimate Guide

Pritam Nagrale

Updated on: 09/02/2022

Starting your own small business is a dream for most people in India. Yet, many are not willing to risk opening a business because they fear uncertainties.

Hence, they prefer to stick to the proverbial 9-5 jobs and lose excellent opportunities to test their entrepreneurial abilities and put their skills to more profitable use.

Why Start A Small Business?

There are several reasons you should consider starting a small business, provided you have an excellent business idea for your startup. Every large business house in the world, including India, emerged as a small venture.

Determination combined with the astute use of abilities and resources made it big. Here are some reasons why you should consider starting a business.

• India has the world’s third-largest number of startups.
• The Indian government now provides more accessible and faster licensing for new businesses & startups
• Funding for small businesses is readily available from various sources.
• Indian universities churn out a staggering five million graduates from various streams every year, making competition for good jobs very difficult.
• The Indian society no longer attaches taboos to business. People with own small businesses are as respected as those holding stable jobs.

Given this scenario, let us look at various ways and means to start a new business in India.

How to Start a Small Business in India

I started my first partnership business in 2004, a proprietorship company in 2007, and a private limited firm in 2024. I have enough experience to guide you in starting a small business in India.

The first and most important step to start a small business is having an excellent Business Plan.

What is a Business Plan?

A Business Plan can broadly be defined as a collection of several documents written by your partners and experts in various fields.

A business plan is the blueprint of every venture. It is a guideline about what the business is all about, why this business was chosen, and the objectives it wishes to achieve. It should consist of precise details of various elements that are to be considered before starting a new business.

Read: 8 Steps to Write a Simple but Perfect One Page Business Plan

Essential Elements of a Business Plan

A Business Plan is essential to attract funds from any source. It identifies and addresses several core elements of the business. A good Business Plan will include the following components.

• 1. Mission Statement: These are a few sentences about what the business is all about and the objectives it aims at achieving.

2. Vision Statement: A good Vision Statement speaks about how the business plans to achieve these objectives and projections for the future.

3. Investment: This section is usually written by the best project writer or financial expert. It speaks about how much investment is needed in the business and the sources from where it will come.

4. Return on Investment: This is a key element of a Business Plan that VCs, crowd-funding platforms or banks, and NBFCs will eye. They want to know how much money you earn from the business. It also shows how much returns they can expect for lending you the money. They will see whether the ROI is sufficient to cover the money they give you.

5. Marketing Plan: All investors will want to study your Marketing Plan. This document speaks of how you will position your business in the market. The branding strategy and niche market. It also speaks of how you intend to get customers for the new company. Also, Marketing Plans include details on keeping customers interested in your business.

6. Advertising Strategy: You need not worry about an advertising strategy while starting your own business. Instead, you can merely advertise the business using free tools such as Facebook Business, Twitter, Instagram, LinkedIn, and YouTube, among others.

7. Distribution Plan: Here, the Business Plan carries details on how you intend to distribute the products and services of your business to the targeted customers.

8. Future Projections: As an owner, you must chart the course of your business over some time. This means that you intend to increase market share and get more profits, diversify the brand, and other related details. Based upon future projections, you will also require an expansion plan. This discusses how you plan to expand the business- such as increasing production or spreading to newer markets.

9. Key Leaders: All investors will want to know about the persons driving the company, their roles and responsibilities, and their expertise in the chosen field of business.

Once all these elements are included, you can look for finances using your Business Plan.

How To Get Finance for Small Business in India

The first requirement for starting a small business in India or anywhere on Planet Earth is the capital. Earlier, most entrepreneurs funded business ventures with savings or borrowed money from relatives and friends. A few availed bank loans, where possible.

Nowadays, you can get finance quickly to start a small business in India in several ways. There are several ways to get finance to start a business.

Funding Options to start a startup in India-

Venture Capital: There are several Indian and foreign ‘angel investors’ or Venture Capitalists called. These VCs will readily invest in your small business, provided it shows promise of profits and is legitimate.

Crowd Funding: Till a few years ago, Crowd Funding was unheard of in India. Now, there are many good crowdfunding platforms based in India and abroad. All you need to do is join one and propose your business idea. They will collect money from public members on your behalf to set up a business.

MUDRA Bank: The Indian government offers short, medium, and long-term loans to new and existing businesses under a scheme called Micro Units Development and Refinance Agency ( MUDRA ) Bank. This is not an actual bank. Instead, it is a scheme under which participating banks and Non-Banking Finance Companies (NBFCs) lend you money on soft terms to start a new business in India.

Cooperative Credit Societies: Countless cooperative credit societies lend small amounts to people who wish to start their own business in India. The price ranges from Rs.50,000 to Rs. 100,000 depending upon your venture.

Self Help Groups: Nowadays, Self Help Groups or SHGs also lend money to start a small business. Generally, business loans from SHGs are available to people of a specific community or a particular geographic location.

Also Read:  Top 20 Venture Capital Firms in India

Small Business & Indian Women

As part of women empowerment and promoting financial gender equality, the Indian government loans small business startups in India, especially for women who wish to start a small business.

These loans can be availed from MUDRA Bank, specific Public Sector Undertaking (PSU) banks, and their counterparts in the private and cooperative sectors. Credit societies and SHGs also offer business finance for women entrepreneurs to help them establish a company.

Generally, finance is available for female entrepreneurs belonging to an economically weaker section of the society, socially underprivileged classes, widows and war widows, and women who are heads of family and have no male member to take this responsibility. Further, licensing procedures for women entrepreneurs are also more accessible now.

Also Read: 15 Most Successful Indian Startups by Women

Licensing for Small Business in India

Talking about licenses, the Indian government has overcome hurdles for almost every business to get the required documentation to start a small business. You can get a license for your business online through registered and reputed law firms that offer the service for reasonable charges or yourself.

>> You can get a municipal or gram panchayat permit from the local civic body to legitimize your business. However, home-based businesses in cities may face difficulties getting a municipal permit or ‘gumasta’ as it is called in some places. This is because housing societies may not give you the required No Objection Certificate (NOC) to register a home-based business if you live in a residential building or housing complex.

>> However, you can easily overcome the problem by registering the business with the Ministry of Corporate Affairs (MCA). You can do so easily online or seek the assistance of a registered law company to complete licensing formalities.

>> Certain businesses require specific licensing nowadays. For example, if you plan a food production business from home like making jams and sauces or providing full meal ‘Tiffin’ services, you will need a permit from India's Food Safety and Standards Authority ( FSSAI ).

Legitimizing your small business is essential. It helps you get finance, open a current account with a bank, and ensure the venture against fire, natural disasters, and other losses. A legitimate business means you are shielded against lawsuits and prosecution for running an illegal enterprise.

Types of Small Business Registration

As we mentioned earlier, MCA offers a variety of registrations to start your new business. You can opt for any of these.

1. Proprietorship: This is ideal for registering the business under your name. It means you are the owner of the company and responsible for its conduct, profits, losses, and liabilities.

2. Partnership: As the term implies, a partnership business includes you and other partners. Like proprietorships, you and your partners are responsible for the company's conduct, profit sharing, losses, and liabilities.

3. One Person Company (OPC): This business registration is the latest to be announced by the Indian government. It allows you to register a Limited Liability Protection (LLP) business under your name.

4. Limited Liability Partnership: LLP is also a new licensing system allowed by the Indian government. It allows two or more partners to register a business with limited liability protection.

5. Private Limited Company: Private Limited Company is best suited for most small, medium, and large businesses. It allows you to define profit sharing and liabilities, responsibilities, and roles of every partner or family member.

6. Public Limited Company: This is not useful while starting a small business. Public Limited Company is usually a designation that only huge companies who offer shares to the public and want to be listed on the stock exchange can take.

7. Useful Documents To Start A Small Business in India

8. Director Identification Number: This is an eight-digit unique identification number that identifies you as the Director of the business. There can be more than one director for your business.

9. Udyog Aadhar: Since 2015, the Indian government has offered Udyog Aadhar for people who wish to set up a business in the Micro, Small, and Medium Enterprises ( MSME ) category. You have to apply online and need an Aadhar card.

10. Permanent Account Number: Every business in India needs its Permanent Account Number to open a business. You may hold your PAN. Yet, you will need a separate one for your business and complying with tax laws.

11. Goods & Services Tax Registration: Businesses involved in manufacturing or sales of products and services require Goods and Services Tax ( GST ) registration.

12. Digital Signature Certificate: You will require a Digital Signature Certificate ( DSC ) to conduct online transactions with various Central and state governments departments for the small business. This can be availed through DSC vendors authorized by the Indian government.

13. Article of Association: An Article of Association (AoA) is essential for partnership businesses. It certifies two or more persons as partners and outlines their investment, roles, liabilities, and other essentials for compliance with the law.

14. Memorandum of Association: Memorandum of Association or MoA is again related to partnerships and deals with the conduct of each partner and the business itself.

Additionally, you may opt for additional documents such as municipal licenses to do business from particular premises and registration of office and manufacturing premises. Another essential requirement to start a new business is a bank account.

Also Read: How To Start A Franchise Business-A Step By Step Guide 

Current or Business Account to start a business

All PSU, private and cooperative banks in India offer the Current or Business Account facility. This account is held in the name of your business. It allows you to make and receive payments from your business issue Letter of Credit and other essential documents required for many financial transactions.

Depending upon your company's financial standing, a bank can decide to offer you an Overdraft facility. This means the bank will honor a payment even if your Current Account has insufficient funds at a particular time.

Banks charge an Overdraft Fee for the facility. It is given solely at the bank's discretion and is not a right of the customer. You can refer to a good guide on selecting a bank for opening an account.

However, there is one fundamental necessity for every business before we can get finance, documents, and other paraphernalia. And that is a good business plan.

Additionally, you can take more steps to grow a small business.

Website & Online Presence for the Business

Today, it does not take much to take your business online. Registering a domain name for the website, web hosting, and designing of your website does not cost more than Rs. 10,000.

Having a website has several distinct advantages: Attracting customers and accepting orders online. Also, your business will be noticed across the world.

As mentioned earlier, you can also go online through Facebook, Facebook Business, LinkedIn, and other platforms. You can also list your business on Google My Business and other local business directories.

If you are selling a product online , sign up with major online stores like Amazon and Flipkart as a vendor.

Other Requirements for Starting a Business

There are other requirements to be taken into consideration to start your own business. However, you need not be unduly concerned about these unless it directly impacts your business.

Fire Safety Permit: If your business involves manufacturing any sort, you will need a permit from the local fire department. The license certifies that your premise is fire safety compliant.

Labor Permit: Government laws make it compulsory for some businesses to hold labor permits. This means you can recruit laborers or workers of a specific category.

Accident Insurance: Depending upon the nature of your small business, you might have to provide coverage for workers insuring them against accidental injuries, disabilities, and death.

Employees State Insurance Scheme: Once again, depending upon the nature of business and number of employees, you may have to subscribe to the Employees State Insurance Scheme, a government-sponsored fund for healthcare.

Provident Fund: Employees Provident Fund Organization administers this scheme under the Indian government. Under new laws, the government will contribute part of the money to a PF account where the employer and employer jointly deposit cash using direct salary debit.

Special Precautions: Child Labor in India

This is another crucial precaution to take while starting a small business.

India has stringent laws against employing underage workers in a multitude of jobs. Therefore, ensure that you do not hire anyone below the legal working age for your nature of the business. The lower age limit varies according to business.

Employing underage workers is okay because it helps them rise above poverty and meets the financial needs of their families.

However, various laws come into play while hiring underage workers. Firstly, they cannot be made to work at jobs deemed hazardous bylaws.

Secondly, the number of hours you can make an underage employee work is limited under various rules and acts. Thirdly, you have to provide educational facilities to any underage workers you may employ for your small business.

Examples of Successful Businesses in India

Several glittering examples of small businesses in India that made it big. Today, these businesses have graduated into full-fledged business groups.

Tata & Sons: This giant Indian conglomerate traces its history to the 1800s. The founder Ratanji Dadabhoy Tata imported opium from China when the business in this drug was legitimate. The Tata family later entered the cotton trade and manufacturing, among other companies, thus becoming one of the wealthiest Indians in today's era.

Nirma Group: Began as a door-to-door business by Karsanbhai Patel, selling detergent powder at Rs.3 per kilo when the market rate was about Rs. 13.

Reliance Industries was launched by founder Dhirubhai Ambani with a capital of Rs.15,000 only, though the amount held much value in those days.

Dabur India Ltd: The brainchild of an Ayurveda doctor, SK Burman from Kolkata, wanted to provide cheap herbal medicines for economically underprivileged people of Bengal.

Sanjay Ghodawat Group: Began as a cottage-based manufacturer of ‘gutka’ or a chewable tobacco product in the 1980s under Sanjay Ghodawat. Today the group is a major in solar energy, food products, and education, among other sectors.

Also Read:  10 Successful Indian Startups Started by Couples

In Conclusion

Here the ultimate guide to smoothly start a small business in India ends. Once you have the required documents in place, you can seek funding.

However, it is vital to remember that attracting capital is no child’s play. You have to ensure your business is innovative. Generally, funding is not available for copycat businesses: they show no promise of revolutionizing a market.

Before you venture into your small business, make sure you have the skills required for the venture. For example, if you make excellent beauty products at home, it is best to venture into this business on a slightly larger scale.

We recommend you study the market for products and services you intend to offer. This will help you know beforehand where to position your brand. Proper branding is as vital as the quality of your product and service.

A wrongly branded product can land you in financial doldrums and sound the death knell of your small business in India.

With some skills and proper documentation, you can attract funding for your business. The list of documents and permits may sound daunting to anyone. Yet, getting them is relatively fast and straightforward. Hence, you can safely consider starting your small business in India.

Pritam Nagrale, a digital marketer and Generative AI enthusiast, embarked on his journey with affiliate marketing in 2004. With over 14 years of blogging, he has turned his passion into a fortune, profoundly impacting the digital landscape. Through his expertise, Pritam has guided thousands to monetize online and achieve their dreams, establishing himself as a beacon for aspiring digital entrepreneurs.

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25 Small Business Ideas in India that You Can Implement Today

Surabhi Guleria

• May 18, 2023
• 39 Min Read

‘Nothing worthwhile comes easy.’ 

– Theodore Roosevelt

In the past, starting and establishing one’s own small business was not easy. One incorrect decision would ruin all their time and investment. Today, thanks to various technological advancements, anyone can start a small business in India with low investments. 

All they have to do is to learn and develop a few skills for performing different tasks to meet the business needs. Some businesses can operate from home, while some may have to lease or rent out or purchase a small area to set up an office.

But to be successful in the long run (even today), budding entrepreneurs need to take care of some critical factors before starting a small business in India . This blog will help you understand all these crucial aspects. We will also discuss 25 unique small business ideas in India for you to implement.

Crucial aspects to consider before starting a Small Business in India

1. business plan.

Business owners need to be passionate about their business as that is something they will be doing all day. They should take some time to lay out a rough business plan and list down all possible challenges.

There is a lot to plan and think through, but it’s alright if they don’t have all the answers for running a business at the initial stages. 

They should make a mind map outlining the process of making an idea a reality. This exercise will help them create a formal business plan and prepare for any obstacles that might come during the process of setting up their small business. 

They also need to think about their skill set, note what they’re good at and look for opportunities that complement those skills. In general, they can choose from the following business sectors:

• Service Business: includes selling expertise(skill) and time, such as professionals in marketing, IT, restaurants, transportation, food kiosks, salon, and spa, etc.
• Merchandising business: refers to retail, wholesale, trading, and wholesale buying and selling goods—for example, grocery and departmental stores , online sellers, retail outlets, and more.
• Manufacturing Business: covers raw materials, labor, and equipment to be used and then turned into a saleable product. For example, car manufacturers, gadgets, daily essentials, clothing, bags, etc.

Here are five essential elements that should be a part of your business plan –  

2. Market Research

One of the important mistakes business owners make in starting a small business is setting unrealistic goals without understanding the market they will serve. They do not consider various essential factors such as global production costs, transport expenses, etc. 

Before launching any new business, a business owner needs to conduct thorough market research and understand what their potential customers want and will pay for. While confidence is a powerful asset, preparation will significantly increase the chances of success.

It helps avoid common pitfalls that usually stem from misunderstanding the current market for their product or service, its price structure, positioning, and competitive dynamics. 

Small business owners also need to do a complete market assessment covering all the variables that affect their business like price, service, location, hours, quality, target audience, and more. 

3. Self Discipline and Flexibility

These are the two most important qualities for an aspiring business owner to have. Being the heart and brain of the small business means they will be held accountable for their business — be it good or bad.

As small business owners, they’ll have to make budgets, stick to their business plan, dedicate time to develop business, and meet the set goals for themselves and their business.

If there is a lack of self-discipline, this might be something to work on before they pursue their entrepreneurial dream. They have to be ready to put in the time and effort before starting their venture. 

Once the business plan and ideas are firmly set, it can be hard to accept the need to make changes. While this is understandable as they have put so much time and effort into developing one idea, it’s equally important to be flexible to changes.

Flexibility is important throughout the process, right from conceptualizing the business plan to carrying it out fully. Any business is vulnerable to countless factors resulting in significant minor changes to the final idea or plan.

As challenging as this may be, being open to changes can mean the difference between success and failure in the world of business.

4. Funding and Budgeting

Depending on what type of business they are starting and the initial amount they will need to pay up for, it will determine what kind of capital is required to start the business.

Financial planning is one of the most critical factors to consider before starting a business . It includes the wealth that they can introduce from their savings or take a small business loan. They need to properly identify the sources through which they can get the funding for the business.

Furthermore, it is better to have a budget plan so that the business owners can properly manage the funds and are sufficient enough to support them through the initial phase of business. 

A business owner can look into two types of funding for their small business: short-term and long-term loans. Also, there are certain things to keep in mind before taking the funds, such as the cost of borrowing, the repayment terms, the rate of interest, and the security required.

Get quotes from a few banks and private lenders, compare them to identify the most beneficial type of funding, and then decide. If fixed assets are needed to be purchased, then it would be ideal to go for long-term funds.

For working capital requirements, short-term funds would be sufficient. This way, once the business starts progressing, they can pay back to the lenders.

Related: Small Business Subsides That Can Help SMBs

5. Competitor Analysis

There is a famous expression “know thy enemy”. When it comes to business, it can only mean researching the competitors!

Business owners need to know what their competitors are doing and what their strategies are. With this knowledge, they will be able to make appropriate decisions for their businesses.

It will also help them in developing a much more effective strategy for the business. Unless they know who their competitors are and what their strategies are, they will not survive in the market for long. 

If their business is a monopoly, then the competition will not matter; otherwise, they will have to develop a strategy to march past the competition. Gaining market share should be on top of their mind if they are about to start a business.

If there is high demand for their product, then it shouldn’t be difficult. Else, they might have to strengthen their service or the product to gain entry into the competitive market.

Small business owners should look into the following factors to know their competitors better – 

• How they have positioned themselves
• Pricing structure and pricing strategies
• Marketing and sales tactics
• Strengths and weaknesses

Once the business owners have all the required information, it is about conveying their Unique Selling Point (USP) to their target prospects. If they can do this well, they can survive no matter how challenging the competition is.

Here is a simple template that you can use to do competitor analysis –  

6. Getting help

Starting and developing a business is not an easy task; it involves a lot of time and consistent effort. It might take a few weeks, months, or even years to see an upswing in the business.

However, in this process, if business owners struggle at any stage in setting up their small business, some experts can provide support and assistance. 

They need to make sure they have an advisor who can provide them with the best consultancy to help start-ups grow into businesses. Whether it is their fellow business mates, friends, or family, having people around them can boost their confidence. 

Finally, it is all about implementing the best business practices, being disciplined, staying in control, and having the foresight to expand their business.

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Also Read: 15 Business Ideas in Tamilnadu in Hindi

25 Small Business Ideas in India

Here is a list of the best small business ideas in India that one can start with zero to low investment.  These small scale ideas in India fall under the categories of home-based, online, part-time, service, trading, manufacturing, services, steady income, and more. 

1. Content Writing

If you have to pick a single money-making small business idea in India from a list of top internet-based small businesses, then content writing will always be at the top of the list.

Writing content for blogs, social media, newsletters, etc., have the potential to be real money-spinners. It requires strong command over writing style and researching skills.

As a writer, one can very smoothly utilize these skills to earn a decent income. 

It has been a profitable business not only in India but across the world. The end goal is to maximize the number of views or readers of the blog (or any other content piece) by creating interesting, engaging and plagiarism-free content. As plagiarised content can get penalised by the search engines, everyone must perform a  plagiarism check  before publishing it online..

The content writer gets paid for every word they write for their clients or at a fixed hourly rate. The best part about being a content writer is that one can start this business without investing a single penny.

It requires good writing skills and confidence to talk to clients – that’s all. With these skills, you can easily kick start your career as a content writer. 

Initial Investment- None, if you already own a computer and internet connection.

Expected Monthly Revenue- ₹30,000 to ₹3,00,000

2. Dropshipping Business

In today’s era, most people like to shop online which makes dropshipping one of our most-favourite eCommerce business ideas . With the advent of e-commerce, several other related businesses came into existence. A really popular one is dropshipping. 

Through dropshipping, you can start your own online store without ever holding any inventory. It is a low-risk business model in which one needs to sell the products of suppliers or manufacturers on their website under their brand.

You’ll never need to worry about shipping, storing, and packaging their products. You also don’t need to worry about the cost of manufacturing and shipping as everything will be taken care of by the manufacturer or the seller.

Starting a dropshipping business could be the first step (and an easy one) for anyone trying to become an entrepreneur. The best part – is they don’t even have to pay for product stock until it’s sold to a customer.

They can also set their product prices, market their own brand, and pocket the profits with ease.

One can start a dropshipping business part-time, as it is not a very time-hungry process. At the same time, it can also be started as a full-time business if they are hoping for a six-figure income per month consistently.

But like every other small business in India, you need to follow certain steps to reap the maximum benefits out of it. Here are they – 

• Select a product category that you are really passionate about
• Do market research to understand the potential of this category
• Understand what your competitors are doing right and what they are doing wrongly
• Find a dropshipping supplier
• Market your dropshipping business and build a brand for yourself

Initial Investment- ₹20,000 – ₹25,000

Expected Monthly Revenue- ₹20,000 to ₹5,00,000

3. T-shirt Printing Business

The modern generation loves to wear new designs and colourful printed clothes. If one wants to start a small venture, then one can start a simple t-shirt printing business to cater to these audiences. 

If you are starting this business, you need not invest in heavy-duty printers like Direct-To-Garment. These printers are very expensive and might not fit under most people’s budgets. Instead, just focus on designing the t-shirts.

There are various businesses that are already in the garment printing business that will do the printing for you. This will come out way cheaper if you promise them bulk orders. 

Also, if you do not have good design skills, you might have to hire a freelancer who can create original designs for you.

Initial Investment-   None if you already have a computer and an internet connection.

Expected Monthly Revenue- ₹10,000 to ₹1,00,000

4. Aquarium Business

Home aquariums have been around for a long time. They are considered to be a part of home décor. More than that, people have started treating fish with the same love and care as they would do to their dogs and cats.

The variety of aquatic life that can be housed in a home aquarium is wide. Due to this,  the cost of fish can range from as little as the inexpensive goldfish to the super expensive Asian Arowana. 

Now, as an aquarium business owner, it might not be possible to buy(or catch) all the rare fishes in this world to sell later.

But most of the regular fish are easily available. You can buy from one area and sell it in your own locality. And the best part – you can also sell add-on products such as filters, ornaments, and lighting.   

Before starting an aquarium business, it is imperative to understand the demand for different fishes in your area. You do not want to go and buy hundreds of fish that people do not want at all.

You also have to understand how other aquariums are operating and making money. More importantly – How are they finding customers? This knowledge will help you tailor your business model for maximum profitability.

Another important thing is to obtain licenses and permissions, which are mandatory for operating an aquarium business.

Initial Investment- ₹2,00,000 – ₹5,00,000

Expected Monthly Revenue- ₹10,000 to ₹2,00,000

Also Read: Best Business Ideas in Kolkata in Hindi

5. Tiffin Service Business

In modern-day India, especially in the cities, there is a huge population of working professionals relocated from different parts of the country. All these people are super-busy and are short of time to cook healthy meals. This has led to a rise in demand for tiffin centres.

You can start tiffin service business from your home or from a small, rented kitchen. You can start providing monthly meals consisting mostly of simple items like roti, rice, dal, etc. Special items like Biriyani can be provided once or twice a week.

In India, the restaurant industry is worth INR 75,000 crores and is growing at an annual compound rate of 7%. And, leveraging this opportunity to start a small tiffin centre could help small business owners reap tremendous profits. 

Initial Investment- None if you plan to cook from your own kitchen.

Expected Monthly Revenue- ₹20,000 to ₹2,00,000

Available in 10+ Languages

Hindi, English, Bangla, Urdu, Malayalam, etc. Now Work Comfortably in Your native language.

6. customized gifting services.

Exchanging gifts during events, parties, festivals, and special occasions is an integral part of Indian culture. Personalization is the talk of the town these days, and people want to do the same with their gifts too.

There is a huge demand for businesses that offer personalized gifting options. Think of a personalized coffee mug or a custom printed T-shirt.

Customized gifting service is a highly profitable business for Indians . People who love being creative can get into this business and can either work from home or rent a small space to operate from. The latter has the benefit of being the face of the business.

This is the kind of business that does not require heavy investment. The business model is far from being complex – all business owners need to do is get accessories that they can customize for customers. Hence, finding the right vendors is very important.

Initial Investment- ₹1,00,000 to 5,00,000 for the inventory depending on the volume planned

Expected Monthly Revenue- ₹2,00,000 to ₹10,00,000

7. Pet Care Services

The number of pet owners in India is growing. Especially since the dawn of the pandemic, people have resorted to getting pets to fight loneliness and boredom.

But what will they do with their beloved pets when they have to be away for a while? They can either trust a friend or relative with their pets or take the services of the pet care business.

If someone genuinely likes spending time and taking care of animals, they should consider opening a pet care business. Apart from taking care, the business can also offer products like shampoos, nail clippers, and brushes for pets.  

Pet grooming is another service that one can add based on their pet services business capacity. Pet owners go to a great extent in ensuring their pets’ wellness. From pet spas to pet pedicures, pet grooming has grown into a full-fledged and sought-after service.

Compared to other businesses on this list, a pet grooming business does not require any investment. Marketing can be done just with a smartphone. Just click cute pictures and shoot videos of animals coming into the store and upload them on social media. 

Initial Investment- None

Expected Monthly Revenue- ₹5,000 to ₹50,000

8. Auto Repair Business

For automobile enthusiasts, opening an auto repair business is a great way to combine passion and business. Given the rise in automobile ownership, this is certainly a profitable business to venture into and stands in our small business ideas in India’s list.

All things aside, it is not easy to start and run an auto repair business. There are lots of moving parts (and people), and it takes a lot of management skills to get things going right.

A few important factors to be considered before starting an auto repair business are a thought-through business plan, location, finances, employees, tools, inventory management, types of services, pricing, name of the business, marketing, company registration and license , and insurance.

A good business owner is one who has made all the necessary arrangements to tackle any type of difficulty. 

Initial Investment-   ₹20,000 – ₹20,00,000 depending on the size of your auto repair centre.

Expected Monthly Revenue- ₹2,00,000 to ₹10,00,000 depending on the number of vehicles serviced

9. SEO Business

SEO is an essential part of Digital Marketing as a practice. How else can businesses rank for relevant keywords on popular search engines?

SEO services will always be in demand as long as search engines exist. When they want to find something out, the first thing people do is pull out their phone and Google it.

Provided someone knows how to do SEO and has a computer, they won’t require any more investment other than time to start an SEO business. The business can be started from home as a freelancer. If revenues start increasing, then you can always establish it as an SEO Agency.

To start an SEO business, one should know how to optimize websites for search engines. This includes what keywords to use, where to place them and how to build links from other websites. A formal certification or at least a few years of work experience is suggested.

The business owner or the ones they hire to work should know how to identify keywords that are relevant for their clients. 

There should also be talent in the business that can write content incorporating these keywords. Link building strategies, Google Analytics , and basic HTML are the other skills that are required.

Services should be priced depending on factors like the number of keywords for which SEO will be done, the number of SEO content to be produced, etc.

There are hundreds of start-ups popping up in India, and they know SEO is important for them to be known in the digital space – more than enough of a reason for someone to start an SEO business. 

Initial Investment- None if you have a computer and an active internet connection

Expected Monthly Revenue- ₹30,000 to ₹10,00,000

10. Courier Services

The Indian courier service industry is estimated to be around ₹4000 crores, with an annual rise of 25% year on year. Currently, there are approximately about 2300 courier companies in India. 

The main drive for this growth is the surge in e-commerce consumption – not just on a national level but also at a local level. Most of us buy something online at least once a month.

This is why a courier business can be profitable (assuming everything else goes right). It is a relatively low investment business .

A courier business can be started in two ways – either as an independent brand or as a franchise of an established courier company brand. Here are the different factors one should consider before starting courier service business – 

• The size of the service area 
• The kind of items that you will transport 
• The number and kind of staff to be employed
•  How many customer service reps, delivery agents, logistics helpers, accountants, etc. should be hired? 

Other customer-centric decisions like a refund scheme should also be taken into consideration. Here is a summary of the things that need to be considered before starting a courier business.

• Develop a business plan.
• Get reliable vehicles.
• Organize a storage space.
• Purchase equipment and materials.
• Take out business insurance.
• Give the courier business a name.
• Get a logo.
• Consider the legal structure of the courier business.
• Licensing and registration
• Human resource requirements.

If business owners are planning to create a unique brand or want to patent the name of the business — they can apply for Trademark Registration and get their name registered.

And, if courier business deals with international shipments, then business owners need to have registered under Courier Imports and Exports (Clearance) Regulations, 1998.

Therefore, by taking note of all these steps and measures, it will be simple and convenient to start a courier business in India.

Initial Investment- 40,000 to ₹50,000 if starting from home

Expected Monthly Revenue- ₹20,000 minimum per month

11. Baking Business

Someone who loves baking could consider turning this hobby into a lucrative business. Set up an online store, and voila! You will be running a profitable baking business before you even realize it. It is certainly easy to kick start a home baking business in India.

But, it is not an easy market to crack. Like every business, the home baking business also needs to be handled like any other full-time business. 

How can one start a baking business from home in India? Bakers need to consider starting off with a basic range of cupcakes and simple cakes. They should subsequently expand the range as their home baking business becomes more successful.

A home baker can make a wide range of cakes. Bakers don’t need to know how to do everything; some specialize in selling cakes from home or baking gluten-free cupcakes, while others focus on creating amazing wedding cakes. The idea is simple.

They need to identify their strengths and work towards them. Being different is the secret key to success, so offer something which helps the business stand out from the crowd. 

There are a few more things bakers need to consider in order to make their baking business profitable. Apart from attending professional workshops and webinars, you need to prepare your business really well. Before starting the business, decide on what types of cakes you want to sell.

Then get the required FSSAI registration. Understand the types of equipment needed and other inventory needed for baking.

There are some free inventory management mobile apps that can help you with. You should also master stock management, marketing, and pricing structure.

Initial Investment- None if you plan to bake from your own kitchen.

12. Restaurant or Cafe Business

The National Restaurant Association of India reports that the Indian restaurant business is one of the fastest-growing markets in the country. It might reach up to INR 5.99 lakh crore by 2022-23.

Rapidly growing at a compounded annual growth rate of 9 per cent, the Food and Beverage (F&B) industry has shown immense growth and has also helped in creating business opportunities for start-up enterprises and young entrepreneurs.

There are a lot of unique cafés and restaurants opening up in all major metropolitan cities and even in the smaller towns and villages.

There are different types of restaurant businesses like fine dining, cafes, resto-bars, and takeaway restaurants. Business owners need to plan and decide what type of restaurant would work best for them. 

The business owner must take the following steps to start a restaurant business:

• Decide the concept or theme of the restaurant
• Arrange capital for starting and running the business
• Evaluate the interim costs of the restaurant 
• Pick a great location for the restaurant
• Thoroughly research the competitors in the area
• Get all the licenses and accomplish all legal formalities 
• Hire sufficient workforce
• Prepare a stellar menu
• Contact suppliers and vendors 
• Install the right technology to run the business
• Create a wonderful ambiance for the visitors

It is important to apply for a few licenses before opening a restaurant – a Trade License from the local Municipal Corporation, Food Safety and Standards Authority of India (FSSAI) License, GST Registration and GSTIN Number , Professional Tax License, License of Liquor (not compulsory) and Business Registration. 

The idea of owning a restaurant business is excellent. Considering the opportunities that the Indian F&B industry holds for both future & existing restaurant businesses, it certainly is the right time to enter this lucrative sector.

One last thing you’d want to do is use track all your expenses, incomes, cash transactions, etc. Lio’s restaurant registers are tailor-made for this and ensure you can watch over the profits and losses like a hawk.

Restaurant businesses are risky

Initial Investment- ₹5,00,000 to ₹2,00,00,000

Expected Monthly Revenue- ₹10,00,000 to ₹5,00,00,000

13. Social Media Marketing Business

Social media marketing is a big business not only in India but also across the world. As a result, many freelance marketers and budding entrepreneurs want to deep dive into this creative line of work.

However, starting a social media marketing business has its own set of challenges just like every other small business in India .

But, with the right set of tools and skills, one can set up their social media business in no time. Here are five steps to get a social media marketing agency up and running – 

• Fix the area of expertise. For example, do you specialize in organic marketing or paid marketing?
• Fix your unique selling point. Is it price or particular industry knowledge?
• Fix your services. Do you offer copywriting, strategy, design, etc.?
• Work on a logo and brand voice.
• Decide the pricing structure for your services
• Fix the tools you will be using for your agency   

Here are some free and paid tools to get started 

• Free tools – Trello, Dropbox, Zoom, Canva, etc.
• Paid tool s – Visme, Agorapulse, Hootsuite, etc.

It is always better to start with the free tools and then get the paid ones when you really need them. 

Initial Investment- None if you have your own computer and internet connection. 

14. Catering Business

Catering is low investment but highly profitable business for people who are thinking of starting something of their own. As a first step, business owners should think about the size of their business and their target audience. 

You can start a small-scale catering business if you have the capacity and manpower to service 15-50 people.

On the other hand, if you’re confident of getting into a large-scale operation (more than 50 people), then you need to sort out your capital and prepare enough backup plans in case something goes wrong.

Either way, here is a checklist for you in case you plan to start a catering business – 

• Get a kitchen for rent, or prepare your home kitchen for the business. 
• Get all the essential equipment for cooking and delivering food.
• Find out the vendors for vegetables, meat, masala, etc.
• Get all licenses and permits to run the business legally.
• Decide on the pricing structure.
• Hire adequate staff and market the brand.

The growth of corporate India has led to a rise in demand for catering

businesses. Catering businesses today service a number of factories, malls, IT

parks, schools, colleges, hospitals, wedding events, etc., and provide opportunities for thousands of budding catering entrepreneurs.

Initial Investment- Average of ₹20,00,000

Expected Monthly Revenue- Anywhere between ₹10,00,000

Skills Required- Cooking and people management skills.

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15. travel agency.

A travel agency is a business of convenience. Customers expect a hassle-free experience from a travel operator. In this digital age, where people can plan a trip independently, a travel agency has to offer the best solution to attract customers.

As a travel agency owner, you need to provide support and guidance at every stage of the customer’s trip.

Everything has to be taken care of right from booking a ticket to checking in at the hotel. A travel agency operator should be ready to guide and answer each and every query of the traveller as and when needed.

To summarize, the travel and tourism business in India is a service-related business. And customer experience is the most important factor that decides whether this business will succeed or not.  So make sure you are up for the challenge before you decide to set up a travel agency .

16. Fitness Centers

People are becoming more and more health-conscious these days which has made fitness centres a really profitable business venture. After a stressful day at work, people turn to the gym to unwind and also work out.

It has become a crucial part of people’s lifestyle. Over the past few years, many high-end fitness centres have been successfully started across the country. 

Opening a gym center requires intensive research and planning. The first decision to be taken by the business owner while starting a fitness centre is the format of the fitness centre. Fitness centres can be broadly classified into the following formats:

• Gym with cardio and weightlifting equipment
• Fitness Studio for catering to Martial Arts, Zumba, Aerobics, or other classes.

Once the business owner has decided on the business model for their fitness centre, there are a few more important aspects to look into: 

• Find sufficient space for the gym
• Find a suitable location with good visibility and parking facilities
• Get the right set of equipment 
• Invest in interior design
• Hire certified professional trainers and experienced staff
• Offer member incentives 

From millennials to Gen-Z, every individual has turned their focus towards building their immunity since the dawn of the pandemic.

Nowadays, fitness centres in India have become a necessity instead of a luxury. A commercial gym can easily turn into a flourishing business for people with a passion for fitness and an entrepreneurial drive.

Initial Investment- Around ₹8,00,000 to ₹10,00,000 if you own the place

Expected Monthly Revenue- ₹1,00,000 to ₹10,00,000

Also Read: Top 8 Wholesale Business Ideas in India in Hindi

17. Organic Farming Business

People are becoming more conscious of what they are consuming these days. They want what they consume to be not only healthy but also ethically produced. Organic farming is an agricultural method that promotes the environmentally and socially sound production of crops. 

Here are the steps to start an organic farming business in India- 

• Conduct initial research and select suitable crops
• Get organic fertilizer and pesticide
• Mobilize resources
• Learn different methods of organic farming
• Get an organic certificate (India Organic Certificate)

If someone has a spare piece of land, they can use it for growing fruits, cereals, and vegetables that are organic in nature. As the demand for organic products is increasing in the market, many business owners and farmers have shifted from conventional farming to organic farming.

Some people have also started growing organic food in their yards, balconies, terraces, and farms. If they scale up production, they can earn good money by selling the produce in the market or directly to customers (including restaurants).

To help you with tracking your yields, expenses, incomes, work hours, etc. Lio has created farmer-specific registers that you should try out.

Initial Investment- Only cost will be for the land which varies based on the area

18. Event Planning and Management Services

This is the perfect kind of business for someone who has a knack for putting together an event and connecting with people.

According to an EEMA (Event and Entertainment Management Association) report, the Indian event management sector is a ₹10,000 crore market growing at a CAGR of 16%. Events are of various types: large scale, small scale, professional and personal events.

As an event management business, you need to put in a lot of effort and look at everything in detail. This will ensure that your event is conducted smoothly without any hassles.

Venue hunting, inviting guests, arranging logistics & decoration, ordering food, etc. are some of the core responsibilities of this business. Event organizers need to keep the following things in mind before starting an event management business.

• Create different proposals for prospective clients and vendors
• Prepare your elevator pitches, conference pitches, wedding pitches, etc. 
• Make sure to have a PR and marketing plan.
• Start networking with people who can turn into customers 
• Hire good employees

Most importantly, if you are entering this business, you need to learn to stay calm, as being an event manager can be stressful. The number of things that can go wrong is plenty. 

Initial Investment- None if you own a computer and an internet connection. 

19. Grocery Store

A grocery store or a supermarket is a good business opportunity for entrepreneurs who are looking for something that guarantees a stable revenue stream and a consistent customer base.

If you can deliver the groceries to the customer’s home, then you will have a much bigger customer base as most people want to shop even the necessities from the comfort of their homes.

Business owners need to plan and understand a few things before opening a grocery store. Here are they – 

• Business Plan – It is crucial to decide on a business model while setting up a grocery store business. Include all the relevant details about your business such as the size of the store, expected daily footfall, the possibility of home delivery, etc.
• Location – It plays a vital role in this type of business. A business owner should finalize the location based on budget, competitors, location of target customers, etc.
• Staff – No matter how big or small your grocery store is, a successful grocery store is always run by good and efficient staff who will take care of the customers’ needs.
• Legal Expenses and Taxation – There is a lot of paperwork and legal formalities that you need to take care of while starting this business. For example, you might be asked to obtain a trader’s license, FSSAI certificate, etc.
• Pricing – Decide the pricing model of your goods. Are you planning to offer a discount from the maximum retail price or charge the customers the MRP?
• Marketing – This helps establish your grocery store’s brand presence and bring in more customers. 
• Business Insurance – Even when you plan for everything, sometimes things can go wrong or out of control. Getting insurance helps you safeguard your assets from any unforeseen risks in the future. 
• Tracking System : From expenses, incomes, to udhaars, you want to make sure you are tracking every rupee. Lio’s shopkeeper-specific registers make it a breeze so do try them out.

Entrepreneurs who would like to do business in its purest (most traditional) form, i.e., buying and selling, should definitely consider opening a grocery store. 

Initial Investment- ₹5,00,000 to ₹50,00,000 depending on the inventory you wish to purchase

Expected Monthly Revenue- ₹50,000 to ₹5,00,000

20. Photography 

The huge popularity of photography in recent years can be attributed to the growth of social media – especially image-based ones like Instagram and Pinterest.

It takes skill and a creative eye to take good photographs. If you have them, even if you are an amateur photographer, you can convert your hobby into a full-time business and start earning money. There is also the possibility of travelling across the world if you get a good project.

A typical photography business can be started with a budget that ranges anywhere between 1 Lakh to 10 Lakh Indian Rupees. A huge chunk of this will go towards purchasing the main equipment, i.e., the camera and lenses.

The main camera body can be purchased for a price range of ₹50,000 to ₹3,00,000. Different types of lenses can be purchased for different types of shots. For example, a telephoto lens for shooting wildlife.

The other essential gadgets that you might need include lighting and a computer. 

In this internet world, it is also important for you to have a strong social media presence to be visible among your target audience. In addition to that, you can create a website, get listed on wedding service provider websites, etc.

Initial Investment- ₹1,00,000 to ₹10,00,000 

Also Read: 8 Business Ideas in Kerala in Hindi

21. Affiliate Marketing

Affiliate marketing is one of the easiest small business ideas in India to implement. You get paid perennially in the form of commission every time a sale is facilitated by your website.

If you are willing to put in the time and effort to build a website that gets enough traffic, you can join an affiliate program and start earning. 

Here are the steps to get started with an affiliate marketing business – 

• Join an affiliate program
• Select the products or categories to promote
• Share/Promote the products on your website, blog, or social media channels.
• Collect a commission every time a customer uses the links to make a purchase

Depending on the company you partner with, the commission rates vary drastically. On the lower end, you can earn around 5% of the sale, while on the upper end you can earn even 50%.

This is typical when you are promoting an event or a class. Also, there are a few affiliate marketing programs that provide a flat rate per sale instead of a percentage.

Making money with affiliate marketing programs can be a great way to add a new revenue stream without taking on too much risk. All it will cost you is your time. By investing the hours upfront, you can continue to reap 1rewards for years.

Initial Investment- None if you have a computer and an internet connection

Expected Monthly Revenue- ₹5,000 to ₹1,00,000

23. Clothing Store

The Indian clothing market will be worth over 59.3 billion dollars by 2022, as per McKinsey’s FashionScope data. This clearly shows that entering a clothing business will be a good idea not just for the immediate present but also for the future.  

You will have to first select a target audience and then cater to that demographic segment. This will help you come up with the type of fashion that you need to sell. For example, if it is for women who are aged around 40+, then you can start a saree store. 

But whichever clothing categories you sell, follow the below steps to succeed in it – 

• Raise funding and Investment for the business
• Fulfill GST Registration and other legalities
• Pick a location that suits the business
• Be creative and design original styles – don’t forget to follow the latest trends.
• Find distributors and suppliers for inventory.
• Hire trusted and experienced staff for the store as sales is the most important part of a clothing business
• Offer regular discounts to attract customers.

There is always more room for a new clothing business in the crowded fashion industry, particularly if you can offer customers something unique and new in your locality. 

And with e-commerce booming, starting an online store is also a viable option to make your dreams of starting a clothing business come true. However, this is one business where hard work, consistency, motivation, and a solid plan of action is needed to survive.

24. Candle Making Business

Gone are the days when the use of candles was just limited to illuminating homes during power cuts. Today, they are used primarily for decoration in places like restaurants, hotels, offices, homes, etc.

On top of it, a vast majority of candles produced today are scented candles. People want a refreshing experience after a long day, and scented candles are the best way to get it.

Making candles is not at all a difficult task. With some professional training and little experience, anyone can start manufacturing candles. Your investment will also be minimal. 

Here are a few things to know before starting a candle-making business – 

• Find what are the different types of candles one can make. The choices include pillar candles, container candles, tea lights, liquid candles, gel candles, votive candles, floating candles, and birthday candles. 
• Get the equipment that will be needed to make candles. This includes wax, fragrance oils, molds, dyes, wicks, thermometer, decorative material, and heat source.
• Do plenty of experiments and create multiple candles, each having its own unique characteristics. 
• Create a marketing plan; find out who your target audience is and what are the different channels to reach them.
• Go online! A candle business owner should definitely have his/her own website where people can come and purchase the candles.

You can price the candle anywhere between ₹100 to ₹300. 

Initial Investment- ₹5,00,000 to ₹10,00,000 depending on the size of the business you wish to start

Expected Monthly Revenue- ₹25,000 to ₹1,00,000 every month.  

25. Handmade Soap Business

The handmade soap business is one of the best small business ideas in India , even if you do not know how to make soap. There are thousands of videos on YouTube that you can refer to to start creating soaps. 

People prefer handmade soaps as they are made of organic and natural ingredients. Modern-day people have started realizing the importance of using natural products as they are beneficial for their skin. 

If you are getting into this business, then you need to make a few initial investments in the form of blenders, mixers, molds, essential oils, and pigments.

Apart from these, the only other thing you need is a creative eye to pick the molds in different shapes that appeal to your target audience. 

An average homemade soap can be priced anywhere around ₹200-300. You can even showcase your products at exhibitions or expos. This will be a great way to attract more orders. 

Initial Investment- ₹1,00,000 to ₹5,00,000 depending on the size of the business you wish to start

Expected Monthly Revenue- ₹10,000 to ₹1,00,000 every month

Also Read: Most Profitable Businesses in India in Hindi

Starting a small business is not difficult but maintaining and running it successfully is the bigger challenge. If business owners are dedicated to their business, they will definitely succeed.

Small business ideas in India are aplenty. And given the opportunities people have today, starting their own venture is highly recommended. 

Whether they are getting out of a 9 to 5 grind or looking for a side hustle, there is something for everyone. Most of the small-scale businesses in India in the above list may not be applicable to all.

The business that one chooses will depend on various factors like their skill-set, their interest, and the resources they have. 

Managing every side of the business, including finance, payroll, and budgeting, is also very critical if you have to succeed. Especially for small businesses, this does not and should not cost a penny.

Business owners can simply download Lio and use many of its templates to keep a close eye on their business’s operations and overall growth. 

Use an app like Lio to keep most of the records on any device of your choice.

Frequently Asked Question s(FAQs)

Where can small business owners get funds for their business.

1. Personal financing 2. Friends and family 3. Angel investors 4. Venture capitalists 5. Crowdsourcing 6. Credit cards

How likely is it for Small Business Owners to get Venture Capital Financing?

The chances are good if you have a solid business idea and a great vision. Business owners should get the product ready, gain some traction, get a great team, and then they should apply for venture capital financing to improve their chances.

How can a Small Business Owner come up with a catchy name for their Business?

Start with brainstorming ideas. This will help business owners come up with a bunch of different names they like. Then search for all those names on Google and see what’s already taken. This will eliminate 90% of the names from the list. Make it easy to spell and keep it unique. 

What are the Biggest Challenges for Business Owners when Starting a Business?

The biggest challenges are-

1. Shortage of capital 2. Lack of clear vision 3. Inability to find good employees 4. Time management  5. Unable to scale

What are the Biggest Mistakes Made by Small Business Owners?

1. Thinking that success will come in a short span of time 2. Not having a proper budget or financial plan 3. Not focusing on the quality of product or service 4. Underestimating the value of marketing and sales 5. Not adapting to the latest trends and technology 6. Not understanding the competitors 7. Being ignorant on legal and contract matters 8. Hiring the wrong employees or not training employees properly 9. Underpricing or overpricing the product or service

How can Business Owners Protect their Idea?

If the idea is truly unique, get a patent for it from the government. Business owners may get some protection for copyright, NDAs, and trade secret programs. 

What are the things Business Owners should look into before Hiring an Employee?

1. Do a complete and thorough background check 2. Look into the relevant work experience for the job 3. Find out if the person is a team player and fits well with other team members

What kind of insurance is required for a Small Business?

Depending on the business, business owners should consider the following insurances- 

1. General liability insurance 2. Business interruption insurance 3. Professional liability insurance 4. Property insurance 5. Worker’s compensation insurance 6. Product liability insurance 7. Health insurance for employees

What kind of records should Business Owners need to keep for their Business?

1. Financial Statements 2. Record of meetings 3. Employee records 4. Tax filings and records 5. Invoices and contracts 6. Creditor records 7. Bank accounts and statements 

How to Sell Plants Online: A Beginner’s Guide

How to Get Patanjali Franchise – Know All About It

I was looking for the necessary permits and registrations because I intend to open a restaurant. In the article, you spoke about all that was necessary. I can now move forward, thanks to this information.

Hello Radhey, I truly appreciate your warm words.

I’m very happy this information was helpful to you. Best wishes for your new business venture!

You have greatly improved my understanding of competition analysis, which I used to find confusing. Thank you very much.

Hello Aleena,

I’m grateful for your kind words. I am pleased you found this article intriguing.

Would you kindly suggest a few apps for conducting market research?

Hello Manjima,

Some of the greatest apps for conducting efficient market research include Census Bureau, Make My Persona, Tableau, Statista, Claritas, MyBestSegment, and SurveyMonkey. Hope this was helpful.

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80 best small business ideas in india.

Who does not want to own a business? No matter if it is commenced as a small scale or done through huge capital investment, it is still considered a business. Even if you do not want to invest ample amount into a business you can still run a profitable small scale business. We will brief you about all the best small business ideas in India.

We understand it could be hard for beginners to find the right business idea for opening any new business. One wrong decision could ruin all your investment and time. It is therefore always suggested, to explore as many options as you can and then depending upon your current financial status, demographics, local demand in the same field, expertise, and experience, choose the viable option that matches all your needs.

The Indian business is constantly seeking growth in all a wide array of areas due to numerous factors which include government stimulus, international trade, and a strong developing and evolving economy. There are tons of business opportunities available in various sectors due to the rapid increase of youths that are rising to technology and leadership driving innovation and growth.

You can easily start a small scale business requiring low investments with the boost in technological advancement, and creativity. It is just that you need to possess some special skills for performing specific tasks. You can even operate some businesses from your home, while some of them may require you to lease or rent out small premises.

Crucial aspects to be considered before the commencement of a small business

2 significant factors should never be ignored when you are about to open your new business:

• Business Funds- This is the most important is to arrange the funds. You can procure a loan to fund your small business idea either from the banks, community organizations, and cooperative credit societies. However, a small business can also be started up with whatever little investment you may have.
• Planning Prior- One has to plan well for success. Failing to plan is planning to fail. Hence, it is very crucial to plan the entire business strategy in advance before the launch. Study the whole market for the product or service you are about to deal in.

Also, make a comprehensive report and get acquainted with all your competitors and their offerings. There is always a scope of improvement, so always seek advice from the people you trust. Never forget to build a complete database on the potential customers for your product or service you are offering.

80 Small business Ideas to start in India

The business ideas which we are going to talk about below have certain opportunities behind it which you need to match as per your needs, and requirements. Let’s dive in all the business ideas to check the compilation of all these opportunities in India that can be started with very low investment-

1) Content Writer and Blogging

If you have a strong command over your writing style and reading skills, you can very smoothly utilize your skills to get yourself earn a decent income. It has become a profitable business not only in India but across the world. You get paid on every word you write for your clients. The best part of being a content writer is you can start is without investing a single penny as if you are confident in your writing skills, you can start your carrier as a content blogger or a writer.

2) Digital Marketing

There are ample opportunists available in digital marketing . As you can launch your own startup, do a freelance business, promote several products and earn well. Before taking any of the above steps, you need to have a robust command over your digital marketing skills, which you can learn by joining a digital marketing training center or you can do a course online.

3) Mobile Apps

As we all know the demand for mobile phones is rapidly increasing every day and so is for mobile apps. The scope of making mobile apps has a huge potential in India. For a mobile app maker you need to have technical knowledge about all the tools related to its development (tech-savvy), understand the needs of the customer and design the app accordingly. Also, ensure before it is developed whether it is serving the purpose of the potential users or not.

4) Pollution masks

With the rapid increase in pollution in all metropolitan cities especially Delhi, in upcoming years the scope of manufacturing and trading these pollution masks would be like selling hotcakes. The demand for these masks will keep on increasing due to the massive hazardous air pollution effects.

5) Network Marketing

For establishing yourself into the network marketing with less investment, you need to tie up with putative brands that offer proficient products. In order to search for the brands, you can check it on Google whose products are always in demand.

Mostly, these days people have become very conscious of nutrition, health, and supplements, beauty, and skincare products for which you can boost your marketing and networking with the distributors already dealing in this field. You can grow and expand your business by promoting your products to your relatives, friend circle, and doing online business by building a website.

6) Dropshipping

One of the best aspects of this business is that you can start this by building your own e-commerce website without even investing a considerable amount and without stocking any product. As you do not need to purchase any product until you get any order from the customer. You have an opportunity to earn a profit as high as up to 3 times the price of the seller.

There is a straightforward process that you need to follow in order to start your Dropshipping business :

• The first thing that you need to do is that find a supplier such as Amazon, Flipkart, Snapdeal, etc and tie up with them
• Build up your e-commerce website and prepare a list from what you want to sell from these suppliers
• Promote your website on social media networking sites such as Facebook or Twitter, or other online marketing channels
• Once you receive orders from the customers, place the order with suppliers and ask them to deliver the products to the address of the customer.

7) Fashion Designing

It is not a difficult industry in which you can make a career if you have a keen interest in fashion and clothing. Moreover, you will have an upper hand if you are residing in urban or semi-urban cities as you have an opportunity to be cognizant of what is in the trend. This way, you can be the trendsetter and rule this industry without investing too much.

8) loT Home/ Builder Consultant

Many latest government policies have been launched to support this opportunity for creating a startup that services in this area. If you want to commence this business, you need to existing homeowners and developers to transform their living space into what they actually want as per their liking. This way you can turn their regular home into a smart home .

This idea involves a very low investment to start as the parts for loT installations are reasonable and the best part is that you will find the clients who will pay you the upfront cost for the services they get.

9) TV Advertisement company

As you, all know TV ads have become a great platform for all the companies in order to promote or launch their products in the market. It is the best way to market your product or service. Due to the rapid increase in Advertisements, creating and managing TV Ad companies is a business idea that can be considered.

To begin with this business plan, you can approach your competitors who don’t have TV ads and convince them that they can be your client, or you can approach a company who is already running Television Ads. The initial investment would include studio space, cameras, green screens, and lighting effects.

10) Customized Gifts

You can start this business even at home. Nowadays, everyone wants to give their loved ones a memorable gift on special days or occasions. Starting the business of customized gifts can be much profitable and it even does not require much investment . You just need to buy certain gift items and accessories used for customization.

11) Blogger

You can start your career and there is a wide scope in India for fashion bloggers, food bloggers, travel bloggers, music bloggers, and many related fields. If you have abundant knowledge about a certain subject like traveling and you have traveled a lot, you can share your experiences and write blogs related to it. Once you have posted the blog, all that is left is the battle of likes and shares. More your blog will be read, the more money you will make.

Also Read: What is an NGO – Non-Governmental Organization?

12) Social Media Consultant

As mass media has become a crucial aspect of marketing. Be it any business, company/organization, and authority figures, they all are pretty much concerned about their goodwill and reputation which opens up a wide scope for social media consultants.

Their goodwill and reputation can pre-dominantly be impacted (positively and negatively) by social media platforms which are handled by consultants. This way they earn a lucrative income by charging a hefty amount from the renowned companies.

13) Aquariums and Fish

This is a very low investment project in which you can start at your home as well. You just need to buy a few aquariums of various sizes and distinctive varieties of fishes. For breeding of fishes, you can keep special tanks. This way you just need to buy fishes one time, and thereafter you can multiply them by breeding.

On top of that, you can also sell fish foods, air pumps, and decorative stuff for the aquarium which will boost your profits. The only thing is you should have the knowledge and be well versed in handling different types of fishes.

14) Coins and Stamps

There is an array of non-existent Stamps and Coins. However, there are already many stamps and coins collectors around the world but not in India. There is a wide scope of this lucrative business.

In order to initiate this low investment high return stamp business, you need to register yourself with postal departments of various countries. As you need to buy the latest stamps, you have to pay some advance money to purchase those stamps. For starting up coins business, you need to take permission from a special government that runs bureaus internationally. Once you are registered with them, these departments will send you the coins and stamps which can be sold at a very good premium depending upon the buyer/client.

15) Pet Care and Pet Food

This business is becoming popular in India as everyone who is having pets, love them. Pets become like a family member for the ones who are their caretakers. When the people handling pets go on a vacation or a business tour, they are unable to take their pets along. Then they look for services that can take proper care of their pets while they are elsewhere. If you well versed and know how to handle pets, this business is an apt choice for you with low investment.

You can keep pet food as well. The people who will leave their pets may also buy their pet’s food from you which will increase your profit margin.

16) Beauty Salon

It is one of the most trending retail business ideas that many people are considering to earn a spectacular income. It enhances the client’s physical appearance and provides mental relaxation due to which everyone comes to the beauty salon. The profit margin is relatively good as compared to many other businesses if you get a good clientele.

However, there are certain aspects that you should be taken care of before initiating this business such as the location, efficient and skilled manpower, and the right promotion or marketing strategy to increase your clients and the overall sales. You can take a place on rent and start this business on a small scale with not such a huge investment.

17) 3D Printing

3D printing is even replacing prototype printing technology as it has gained much popularity in India. If you are thinking and you have considerable knowledge in the digital printing industry, 3D printing is can be a kickstart for your career. You need to invest in buying 3D printing machines, which does not involve a high investment if you go for a small machine purchase.

18) Renewable Energy

Apart from making considerable money for you, this business is also good for the environment. The government is also promoting and giving subsidies to the companies that are converting themselves into alternative energy business ventures. If you are an environment lover, this business is a perfect fit for you.

With the increase in the global warming effect, many individuals are willing to try their hands in this field. They are using their empty or unused land and even their rooftops for installing solar panels which are helping the environment and also provide them an opportunity to make money.

19) Cyber Security

If you are tech-savvy with profound knowledge of hacking, programming, software, and hardware, you can start up your own cybersecurity company or provide these security services to well-reputed companies. The top-notch companies will pay a huge amount to keep their system secure and to avoid any unauthorized access to their database. Many cybersecurity companies are being launched in India and all the big corporate companies are buying their highly paid packages to ensure their data remains safe.

20) Photography

If you are well versed with the camera functioning and very good with clicking pictures, you can think of this option as to become a photographer you need to buy a professional camera. And you are all set!

These days everyone hires a professional photographer for their weddings, birthdays, events, festivals, etc. There is a huge scope of this profession at present and an optimistic business idea for the future.

21)Share Market

You can try your hand in the stock market if you are good at speculations and plentiful economic understanding. However, it is not like other businesses as it involves more risk but it can be a quick way to earn money. If you are willing enough to take the risk and you are well informed about the working of the share market, then you can go ahead and try your luck.

22) Courier Services

In order to open a courier service company on a small scale, you can tie up with other brands who are already working as a courier service provider. The need for courier service has emerged in India due to the numerous shopping online apps being launched each day. It is a low investment business if you tie up with other brands and keep your specific share as a partner.

Also Read: How to Earn Free Bitcoins Daily without Investment

23) Chocolate Making

It can be a really good home-based business venture from which you can earn a lot. Candy making or chocolate business is very popular in India and many people make several types of chocolates and sell it under their own brand name.

If people can’t stop drooling when they see your homemade candies, you should get into this business. You just need to target a local market that has potential customers to buy chocolates. The other thing is to contact a dedicated team or person to deliver your chocolates.

24) Wifi Installation Company

With the evolvement of time, the need for wifi internet solutions is increasing day by day. Customers demand internet everywhere, be it their home, office, shop or even a small retail counter. Consequently, the demand for wifi installation has augmented.

You need to invest some portion of your amount in buying supplies to install wifi routers. Once you buy the routers and maintain your stock, you could begin by approaching places where there is a huge footfall such as malls, departmental stores, hygiene stores, etc. You need to talk to their owners and set up a deal to install the wifi hotspots.

25) Web Designer

Nowadays, almost all businesses have their own websites. This is has led to increasing demand for a web designer as every business is keen to create a website for their products or services they are dealing with.

The startup does not require a high investment as you would just need a computer and learn some web designing skills from a training center or an institute. You can also learn web designing online to execute. Once you know how to design websites, you can approach local new or existing businesses to check whether they are looking for building up a website or modifying an existing one.

It is also one of the lucrative businesses in India for the people who are competent in making cakes, pastries, cookies, muffins, bread, and all the other bakery items.

You can open up a bakery at an appropriate location in a market where there is huge customer traffic. Moreover, it has a wide scope of growth and expansion that too without investing a big amount. You just need to be armed with an excellent oven and require great skills in the preparation of these baked delicacies.

27) Fitness Centres

People are becoming significantly health conscious. With this increasing fitness awareness, the demand for fitness centers or gyms has seen a major hike. It has even become a part of numerous people’s lifestyles. You can buy a few low-cost equipments at the initial stage. You can buy equipment henceforth when you evaluate your profits and analyze the customer’s responsibility.

28)Extracurricular Activities Centre

Due to provided platforms of many reality shows in the Television and film industry, there has been observed a significant rise in the scope of dancing, acting, singing, etc. It has become one of the promising careers.

Launching an Extracurricular academy to train students in such fields is a lucrative opportunity in India to catch hold of. Not only in metropolitans and big cities, but even these activities are seen widespread in rural areas and people are will to spend on learning such services.

29) Restaurant and Cafe

The schedule of people is very hectic usually is busy cities. All they want is to have peace of mind along while having delicious food. Many individuals do not even get any time to preparing food for themselves. This has resulted in a constant increase in the demand of all the food chains and outlets. It’s a sure-shot business idea to start with low investment. The only thing you need to ensure is to have skilled staff primarily chefs.

30) Handicrafts

If you are creative enough to use this platform for your business, you can start manufacturing your own handicrafts. Making handicrafts is a superlative low investment business that you either do trading of. If you do not want to involve yourself in the making process, you can buy and sell them at places where it is non-existent.

Glitzy showrooms charge an exorbitant price for these handicrafts which are used for home and office decor. These showrooms purchase it from the local manufacturers and sell it to the customers at an extraordinary price. You can tie up with these showrooms or can target local market shops, and sell the customers these handicrafts directly at a reasonable price as compared to the one customers get in showrooms.

Also Read: 18 Best Online Part-Time Jobs For Students To Earn Money

31) Packing services

Usually small and medium-sized businesses do not have a dedicated department that deals with packing their product. They often hire individuals or outside companies who do it for them. In the case of an individual, they can often be unreliable.

So, if you open up a packing service company whose primary role is to deal with providing packaging services, you can be spotted easily and the need for this business is augmenting.

You can also tie-up with some businesses that deal with selling their products online. You just require appropriate fine quality packing material such as strapping machines, cartons, cutters, and experienced manpower. This is one of the low investment high return businesses.

32) Tutoring

Every parent wants to provide the best education to their children while they are going to school. The need for a qualified and dedicated tutor for every child has become a requisite. It has led to an increase in demand for tutors. If you want you can also opt for an option of online tutoring, as many students these days are excelling in their education by availing online tutoring facilities.

If you are educated and have profound knowledge of teaching, you can start off with this business with having no capital investment.

33) Catering business

Be it any wedding, event, or any formal get together, caterers are in high demand these days. If you have excellent interpersonal skills and you can work under pressure along with managing your staff, a catering business can fetch you a decent amount of money.

However, you need to be experienced as there are many big shots already in this field. For becoming a renowned caterer, you need to be an all-rounder, that is being good in staff management, aware of different serving recipes, different cuisines, and all the trendy culinary that is being liked by people according to the gathering.

34) Make Religious Items

India is a devout country. People have faith in religious items such as pictures of deities, idols, incense sticks, holy candles, prayer beads, cotton wicks for lamps, and other paraphernalia . You can start making these items even at your home without investing much in this business. The best part is there is no lack of customers in this area as people are willing to spend on religious stuff without concerning much about the price of the product.

35) CCTV and Surveillance

Every new homeowner is demanding a security camera’s connections these days. Not only them, but even the existing or old homeowners are also becoming security-conscious and are ready to spend an additional cost on CCTV or Security cameras for ensuring safety. This has boosted the demand for CCTV and surveillance cameras that are getting installed at homes as well as commercial offices. You need not do a high-cost investment to start this business. Commencing this business has an extensive scope at present and in the future.

36) Delivery Services

Ample shipping companies are facing issues while delivering their products to some backward and rural places. You can sort this issue out for those shipping companies and avail the benefit of making greater profits by becoming a last-mile delivery service provider . You need to set up a warehouse (on rent) on the edge of the city where you want your distribution channel to be powerful.

With better connectivity options, you can handle the final miles of the trip. You ought to predominantly focus on the places where regular shipping companies are not willing to go. You can charge extra for your delivery service at these places and make profits.

37) Mobile Wallet Payment

Till the time online payment solution apps were not launched, people were more comfortable using cash than other payment options. But since the inauguration of these mobile payment solutions become a part of the Play Store and App Store, many people have shifted using mobile wallets instead of cash. There are many reasons why people have inclined towards its usage which are listed below-

• No need to manage cash in your pockets
• One-click hassle-free payments sitting at your place
• More secure and safe as you have a record/proof that you have made the payment

An enormous portion of the population is using smartphones which help them to do research, communicate, and use it as a source of entrainment. In order to set up this business idea, you need to have complete knowledge of how programmers and coders work while processing these types of payment solutions. You can also tie-up with professional programmers and coders for making the startup costs lower and bringing down the capital investment.

38) Travel Services

Time has changed as people have started traveling often for personal and business purposes. You can make huge profits by dealing with traveling services such as booking flights, trains, bus, accommodation, entire tour and travel packages, cruise packages, many more. You need to have a tie-up with hotel chains at various destinations, long-distance bus services, railways, and flight companies.

You also have an option to collaborate with major travel agents and service providers if you want to play safe and are not willing to take any kind of risk. In this way, you can get commissions for every reservation you make.

39) Ice Cubes

Although it is not a very easy business that you might think. It requires to be asserted with specifications prescribed by FSSAI (Food Safety And Standard Authority Of India). If you have, clean water and appropriate packaging provisions, proper equipment, you can enter this big industry starting with a minimal investment. The pre-requisite before commencing this business is to get your product listed under FSSAI certification.

40) Fragrant and Regular Candles

The use of candles is not limited to illuminate houses during power cuts or religious centers, they are also used for interior decoration in restaurants, showrooms, offices, homes, weddings, and other events.

Making a candle is not difficult. With some training and experience, and with the use of fragrant oils you can make fragrant candles of various sizes, shapes, and colors. Fragrant candles are also extensively used for meditation and relaxation purposes in religious and spiritual retreats.

Also Read: 16 Best Courses for Commerce Students after Class 12th

41) Crowd Funding Business

One of the most sensible financing options for modern startups and rising businesses have been regarded as crowdfunding. Crowdfunding is the process of raising money for a project or company from a large group of people as opposed to just one or two significant investors. Different aspects of crowdfunding, including gift, equity, real estate, and reward-based, are all possible.

To attract a vast number of investment supporters and persuade them to invest in your project, you must have strong sales and marketing abilities to run a successful crowdfunding firm. The key advantage of a crowdfunding business is that there is very little danger to the firm’s finances and that it can be launched with very little money. read on to know more about best small business ideas in India.

42) Tailoring Shop

As far as profitable company concepts go, this one is based on a different fundamental need for survival, clothes, thus the market is, well, everyone. Tailoring and needlework have been established enterprises for many years, and the majority of them operates from homes and takes orders from tiny stores. But having a tried-and-true business model does increase the likelihood that it will succeed in the future, particularly in bigger cities where there is a huge demand for tailoring services. To increase one’s chances of success in this small company endeavor, one has to complete the necessary training and, preferably, should have adequate experience.

Also read: 25 Best Scalable Business Ideas You Can Start

43) Small Asset and Wealth Management Company

Due to their flexibility and agility, independent small wealth and asset management businesses are outpacing the big players and is easily one of the best small business ideas in India. If you have a good network and a strong financial foundation, you can establish a smaller company. You can outsource the other administrative duties because your business is small.

An investment advice service called wealth and asset management combines various financial services to meet the demands of high net worth and wealthy customers. A specialist with the financial know-how to manage an affluent client’s money holistically for a defined price is a wealth management adviser who works independently and for themselves.

44) Juice Corner

Fresh juices without preservatives are becoming more and more well-liked among Indians as their health consciousness increases. Due to its potential for success, the modest juice bar has been included on our list of small business ideas for India. While one is at it, expanding into similar beverages, particularly (and perhaps less healthily) summer drinks like lemonade, buttermilk, and lassi, could be beneficial for this tiny company.

Of course, one might choose to go all out and begin with a food truck that is completely loaded. As long as the food and beverages offered are of a good caliber and all necessary permissions are in place, it shouldn’t be too difficult to ensure this company idea’s success.

45) Cooking Classes

Cooking classes are an option for skilled professional cooks who do not want to toil away at a restaurant or food truck company. The creation of tasty yet nutritious food is a novel concept that is gaining popularity in India among urban and semi-urban households. Additionally, these programs may be delivered both in-person and online, or someone can start a vlog to instruct others in the finer points of culinary arts. By using the web classes, one has a far greater opportunity to reach and profit from market groups that they may not otherwise be able to. Read more to know about the best small business ideas in India.

Also Read: How To Get Paid to Advertise on Your Car? A Guide

46) Takeaway Corner

Since food is one of the essentials for survival, it is a popular choice for individuals to enjoy and start an F&B (Food & Beverage) business. Because of this, restaurants as a small-scale company concept that will always have clients as long as they offer delicious cuisine. Of course, a new company does not always need to be a restaurant right away. One can start with only a few essential foods, such as a filling traditional breakfast with add-on snacks. Or one can create a takeaway corner for bigger meals like lunch and dinners are thalis with a pre-decided menu of the day. This will attract a lot many customers who do not have much time in their daily routine to cook or are students who need a fulfilling meal at a pocket-friendly cost.

47) Daycare or preschool Services

Pre-schools and childcare centers are booming industries in India as the country’s working population grows. Preschools have a history of producing high yields of revenue, making them one of the more lucrative industries to invest in. All you need is a well-written, comprehensive business strategy, as well as valid registration and licensing.

This is a tiny company that women may start from home or a modest location. Opening a babysitting, daycare, or preschool business requires relatively little capital and is one of the best small business ideas in India. You can invest in a few toys, cribs, and beds to get started. Include a first aid kit, several packages of disposable diapers, antibacterial creams, etc. to the daycare center too. However, if one wants to open a preschool, then one might need more facilities and more capital as well to run a successful business.

48) Ice Cream Parlor

Even though it’s a seasonal industry, the ice cream parlor is a popular choice for small enterprises. Purchasing the franchise of any certain ice cream brand is the first investment needed to start this manufacturing business. The second investment is having a shop where the counter may be placed. One cannot ignore the fact that ice cream remains one of the most demanded desserts among folks. Keeping the parlor open late at night for those who like to grab some ice cream during hot summer nights can be a good way to create a customer base.

Also read: How to Resell Items on Amazon? A Complete Guide

49) Wedding Bureaus

Marriages are planned in heaven but are performed on earth. Wedding bureaus are more common in small cities and villages than marriage websites. Before making a decision, families think about personally meeting other families. In light of this, having a small office, 1-2 employees, a registration certificate, and contacts can help you become a successful businessperson.

Without making significant financial commitments, one can quickly expand their marriage bureau business. All that is necessary to engage in discussion with the clientele is having solid connections, local knowledge, and people skills. Read on to know about best small business ideas in India.

50) Driving School

Driving lessons can be given to individuals if one has decent driving abilities and can afford a vehicle like a car. The individual may instruct 10-15 people each month with the same car and make a respectable income with no outlay. Getting a car and a small business loan may not be that tough. It is possible to pay back the loan in part using the money the driving school makes. With the money saved, the fleet of vehicles could be increased, additional driving instructors could be employed, and the company could grow. A new automobile can also be purchased with a small company loan.

51) DJ Services

DJs are a top consideration for every occasion, whether it is a wedding or a party. The DJs’ ability to draw a crowd is wholly contingent upon the business establishment. If you run your DJ business properly, it can be quite successful. You can maximize your business revenues if you have the necessary information and abilities. To start this type of business as a full-time profession, one needs a strong vision and skills.

You must do market and geographic research. Make a list of the locations you want to target where people frequently have fun and what kind of music they enjoy. Streamline your options and draught music industry business ideas. A DJ can make money in a variety of ways, including promotions, advertisements, social media accounts, and YouTube.

52) Flower Shop

You may start a flower shop now if you’re seeking a profitable venture that requires very little capital. This type of business is one of the best small business ideas in India and it can be launched in a variety of ways. You may sell several flower varieties by displaying them in a store and giving them a bouquet-like arrangement, or you can alternatively sell them to a major retailer too. If you’d want, you can also make money by selling flowers on specific days, perhaps by selling the same flower each day.

In addition, you can accept orders for flower arrangements for weddings and other special occasions and benefit from this company. You can either get the flowers for a flower farm or can grow flowers yourself.

Also read: 50 Low Cost Business Ideas with High Profit in India

53) Real Estate Agency

You should have a sufficient understanding of the location in which you want to establish your real estate firm before you can build your small business concept. A real estate firm manages, purchases, operates, sells, or invests in land, buildings, and offices. The market for real estate is huge. There are several factors to take into account if you want to launch a profitable real estate firm. Consider what precise specialty is best for your company when beginning a new business to offer yourself an advantage over the competitors.

To prevent disappointing all of your prospective consumers, make sure you build up your real estate firm to fulfill the needs of a certain niche. You can assist individuals in finding their ideal house or piece of property as a real estate agent.

54) Computer Training Classes

There is a high need for computer knowledge and expertise in the current period. One’s chances of landing a job are significantly improved if they have a fundamental understanding of how to use a computer and simple applications like Word, Excel, and PowerPoint from the Microsoft Office suite. As a result, there is a high need for people to understand computer science, programming, and the rapidly developing fields of technology like artificial intelligence, blockchain, data analytics, the Internet of Things, etc.

If so, you can open a training facility with a few PCs, an internet connection, and teaching tools like projectors and whiteboards. Since information drives the company’s operations, ongoing investments after the initial capital outlay are minimal. Learn more about best small business ideas in India.

55) Organic Farming Business

Whether you farm or not, farming is very necessary for your survival.  Our health is negatively impacted by the pesticides and fertilizers used in agriculture.  It is getting more widely known. They recognize the value of chemical-free food.  Future years will see a significant increase in the importance of organic farming. You may do organic farming if you own a farm. You can sell them to different whole foods and grocers that focus on organic food.

56) Organic Food Store

Our health is negatively impacted by the pesticides and fertilizers used in agriculture.  It is getting more widely known. People recognize the value of chemical-free food.  Future years will see a significant increase in the importance of organic farming. You can now go to different whole foods and grocers that focus on organic food. People are gradually becoming aware of it. This opens a large opportunity for those who do not want to farm organic food but has a knack for selling.

Because there is such a high demand for organic fruits and veggies, you can sell them. You have the option of starting as a small vendor. Finding a farmer who grows organic fruits and vegetables is all that is required.

Also Read: How much does TikTok pay you for 1 million views? Pay Per View Guide

57) Medical Sample Service

Another low-investment and one of the best small business ideas in India, with explosive growth is medical sample service. It implies that you get patient samples of their blood, feces, urine, and sputum at their residences. Delivering these samples to pathological labs will allow them to be tested and provide medical reports. The consumer must get the reports at their residence. You will need a car or bike, tools for storing biohazardous material, and knowledge of how to draw blood samples. Before starting this firm, contracts with pathological labs are required.

58) Financial Consultation

You can work as a financial consultant and start one’s consultancy if you have an understanding of finance and investments and a degree or certification in the field. The majority of individuals lack basic financial and investing knowledge. They are unable to choose where to invest and where not to. People often desire to organize their finances. They want to prepare for their financial future or wish to invest their money wisely. You need to have sufficient expertise and experience to launch this business. You can gain experience by working anywhere before establishing this business.

59) Mobile Garage Service

Everybody has witnessed automobiles, scooters, and motorcycles malfunction amid crowded streets. The unlucky owners of these automobiles frequently struggle with the question of where to receive repairs. You might offer a mobile garage in such cases. It is one of the innovative and best small business ideas in India. You will need a car, a cell phone, and all the tools necessary to fix a stalled vehicle for this low-investment business. Simply head over to where the car is parked and start making repairs there.

60) Jams and Pickles Business

People in India regularly pair their meals with a variety of pickles, jams, and papads. People love homemade fruit jams since they don’t contain preservatives and they taste great. With the help of several organizations, you may turn this venture into a lucrative one with minimal capital. Making pickles and papads is another excellent idea for a home-based company that women have been doing for a long time.

You can launch this business either part-time or full-time, depending on your preferences. The business owner may progressively raise their supply and production capacity as the company starts to take off in terms of clients and popularity. This way one can expand their business.

Also read: How to Make and Sell Stickers Online: Ultimate Guide

61) Address Verification Services

Customers’ reported addresses are frequently subject to physical verification by banks, credit card firms, and mobile phone providers. They take this action to avoid defaults and fraud.  This low-investment industry is once more in demand today. To visit the client addresses that banks, as well as other service providers, have supplied, however, you will need a car and perhaps additional staff to run a verification business. Learn more about best small business ideas in India.

62)T-Shirt Printing Business

Young people today choose to wear T-shirts with fresh patterns and vibrant full prints. If you want to establish a small business and make some money, you may do it by printing T-shirts. T-shirt printing has grown to be a popular business option, especially for company owners searching for a startup with a minimal startup cost.

If you sell printed t-shirts online, you do not need to get a license.  Simply contact a reputable T-shirt supplier and manufacturer, develop and approve the designs, and begin collecting orders. Minimum staffing and equipment are needed for this. This company can be operated with small capital and little space.

63) Dry Fruit Business

Everyone enjoys eating dry fruits, whether they are young or old, and everyone uses them in their homes since they are so healthy. Due to the health advantages of dry fruits, dry fruit sales have been expanding in India through wholesale, home-based, retail, and internet channels. People choose to purchase dry fruits for adding to homemade delicacies and to enjoy the health benefits. They are now frequently given as gifts during holidays, making this a very successful business.  The dessert, baking, sweets, catering, dairy and confectionery, online grocery stores, and cosmetic sectors are some examples of the target markets for your dry fruits.

You may set up this one of the best small business ideas in India as a retail store, a home-based business, or an internet store depending on the availability of your location, your capital, and the scale of your operations.

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64) Pest and Fumigation Service

Pest control and fumigation services are steadily rising to the top of the metro cities’ industries. Everyone desires a healthy lifestyle free from illnesses brought on by insects and mosquitoes. Thus, the pest control industry is a viable choice in major cities where people tend to hire pest control services for their homes and offices.

Gaseous insecticides are sprayed or poured into the affected region using fumigation services to get rid of bugs. Pests in the region are poisoned by fumigants or insecticides. This allows removing pests and insects from the premise which in turn is useful in preventing diseases and pest-related issues. To operate this firm, one must have a comprehensive understanding of the chemicals utilized in the process. One can hire a few staff and invest minimally to run a small business with limited investment.

65) Laundry Shop

Everyone enjoys dressing in clean, fragrant clothing. This company is for you if you are effective at offering quality washing services. With various residential setups, you may focus on a certain neighborhood and attract a regular flow of consumers. Several laundry services may be offered, including dry cleaning and ironing. To manage the task, you may also hire a few untrained laborers.

66) Cleaning Services

One of the best small business ideas in India that one can start with a low investment requirement is cleaning services. While everyone enjoys keeping their homes tidy, not everyone can do so. There may be a variety of causes for this. Because they both work in cities, the husband and wife do not have time to tidy their home or they may have any kind of physical inability to do the cleaning. To satisfy this demand, you can launch a house cleaning business. This type of company is generating significant income for a lot of people.

You might also launch a cleaning service for corporate offices and commercial spaces. You can offer cleaning services to small businesses and manufacturing facilities in addition to offices. Every organization has a lot of everyday responsibilities and work, which makes them quite dirty. You can make big money from a cleaning service if you start one and approach the right clientele.

Also read: 26 Best Business Ideas in Punjab To Try

67) Landscape Services

This is the most recent market and demand trend. Lawn care and landscaping can easily be on the list of successful small business ideas for startups and entrepreneurs with minimum capital investment.  Less equipment is needed for the landscape firm, which means lower costs. The majority of bungalow gardens or farmhouses focus on landscaping. They wish to have a well-planned garden on their land. Making these property owners call for professionals as and when needed.

They wish to have a well-planned garden on their land. Making them call for professionals as and when needed. Government projects also require a lawn designer. Therefore, there are many opportunities in this industry. If done correctly, running a landscaping business can be quite profitable in recent times as it is one of the best small business ideas in India.

68) Sign Boards Business

Businesses and stores often utilize one of two types of signboards: painted or neon. Signboards are necessary for any type of commercial and small business enterprise. They play a significant role in promoting one’s company on a crowded street. The more appealing the board is, the more consumers it will draw in. There is a need for innovative, reasonably priced signboards that effectively promote the company. Creating and providing signboards of every kind to customers’ demands is a company that is in high demand all year round.

69) Mobile Phone Repair Shop

By the end of 2022, India has more than 800 million smartphone users. Furthermore, when more brands and less expensive alternatives hit the market, this number will rise tremendously shortly.   The need for stores and individuals that provide mobile phone repairs is thus anticipated to rise significantly. There will be a huge demand not only for repair work but also for the accessories for mobile phones like chargers, phone cases, headphones, etc., one can start a small business to meet this demand, which will provide complete servicing and repair along with an accessories store.

70) Tele Health and Medicine Service

Healthtech is another sector that is expanding quickly, much like finance. Since the Covid-19 outbreak, telehealth and virtual medical services, which are an essential component of health IT, have truly taken off. These services now offer comprehensive remote care services from appointments to prescriptions to drugs and follow-ups, all from a single platform. They are no longer merely limited to video conversations or video meetings between doctors and patients.

Without a doubt, this is one of the greatest and most lucrative business prospects for startups and small-scale business owners. Whatever telehealth services you choose to offer, pay close attention to compliance with laws and rules. Learn more about telemedicine regulations, and then develop a practical business strategy by taking everything into account.

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71) Horoscope and Palm Reading

It makes sense that this is one of India’s most popular low-investment enterprises. To print the horoscope, all you need is a computer with the necessary software, a printer, and beautiful paper. But in a country where superstitions are common, the demand for computerized horoscopes is still quite strong. The explanation is straightforward: People do not depend solely on computer findings. They demand a variety of horoscopes from various sources.

One can expand their business by offering palm reading services. In the practice of palm reading, a person’s destiny is foreseen by looking at his or her hands. A person with the expertise of palm reading can make a respectable income when paired with a horoscopy. Read on to know about best small business ideas in India.

72) Home Care for the Elderly

Seniors in need of care and patients in hospitals need carers. Especially when their family members are either out at work or are unable to meet their demands. In India, carer services are quickly gaining popularity. Home health care is exactly what it sounds like: a variety of medical treatments and/or services delivered from the comfort of the patient’s home rather than at a hospital bedside.

In general, home health care is less expensive and more practical, especially for elderly patients who prefer the convenience and comfort of receiving care at home. Elderly family members frequently choose to stay in their own homes but may require help due to a disability or physical limitations. This might be the elder care enterprise for you if it sounds to be something you’d like doing.

73) Interior Designing

You can work as an interior designer if you have a degree in architecture. India’s real estate market is expanding rapidly. By 2030, it’s anticipated to reach $1 trillion. Interior designers will always be in great demand in a market this young. This company might work wonderfully if you’re talented and have creative ideas for turning a house into a home. One can start small, choose more modest clients, and discover clients within their social circle as well. And over time, the firm might grow steadily.

Also read: 24 Best Franchise in India

74) Yoga Classes

Yoga is extremely popular these days, and a profession in it might help you start a successful business with little money invested. Yoga is said to provide both physical and mental calm. These days, a large number of individuals all around the world have switched to this practice due to its health benefits. It is a technique that promotes inner calm on a mental, spiritual, and bodily level.

More and more individuals are becoming health concerned in today’s hectic environment. In recent years, yoga has become quite popular both domestically and internationally. The moment is ripe to choose this business. To become a yoga instructor, one must first learn the techniques so that one can be a teacher. In India as well as internationally, yoga instructors are highly-paid and in high demand. To establish this business, a minimal investment and a good premise to hold the classes are required.

75) Stationery Shop

As we all know, there is a great deal of public awareness nowadays about the importance of education, and most boys and girls are now attending schools and universities to further their knowledge. By taking advantage of this chance, you may open a stationery business in your community for a very minimal initial cost that can operate anywhere.

Additionally, stationery includes items other than simple notebooks, sheets, and pens. Even in the era of laptops, tablets, and smartphones, papers and pens are still widely used in schools, universities, and companies. It is still preferable to print paper-based documents like resumes and holiday cards. You can easily establish a stationary store business if you wish to make money with very little investment. All you need to do is find the right location for the store where the number of probable customers is high.

76) Alternative Therapies Centre

Everyone’s lifestyle has altered in the modern day. People are experiencing a wide range of health issues as a result of the changes in working practices. People are engaging in less physical activities, which is contributing to health issues like back discomfort, neck pain, migraines, and stomach-related illnesses. You can open a center for alternative therapies as one of the best small business ideas in India. You can provide remedies for people’s health issues.

Acupressure, Magnet Therapy, Color Therapy, Aromatherapy, Naturopathy, and Sujok are just a few examples of the many different kinds of alternative therapies. You should have the required training, education, and expertise in these Therapies to launch this business. Additionally, there are a lot of courses available. All these methods of treatment are teachable.

77) Corporate Gift Printing Service

India has a vibrant corporate giving tradition. It goes on all year long. Pens, wallets, mugs, and a broad variety of other items are presented as corporate presents to employees and business partners.  These goods often have the name and logo of the business printed on them. You can start this business with little capital if you have access to sufficient samples and contacts.  To show them a variety of your items, you will require their samples.

78) Women’s Store

Women utilize a wide variety of items and accessories, many of which they use regularly. You may open a store selling women’s goods and accessories. This type of products has a huge market. Indian women are always looking to purchase new and distinctive goods and items. In your store, you can sell a wide range of goods, including women’s bags, women’s scarves, beauty items, hair clips, hair bands, and other hair accessories.

One can also open a business selling women’s apparel. This market is predicted to grow to 170000 Crores. This market is expanding pretty quickly as in this industry, both supply and demand are enormous. You can also open a specialty shop, such as a wedding attire shop, saree store, traditional fabric store, etc. This can be a good way to earn money.

79) Used car and bike selling business

Everyone aspires to own a bike or a car, but not everyone has the money to purchase a brand-new vehicle. However, their earnings or savings might not be sufficient to purchase a brand-new car or bike. However, because used cars and bikes are less expensive, they may purchase them. To satisfy this market need, you may launch a firm selling used motorcycles and automobiles.

All you need to do is launch your business, and people who need to sell their used vehicles will approach you. Anytime a person wishes to purchase a used motorcycle or automobile, they can contact you. You can sell the bike or get a nice commission and can also make a good profit out of this idea of best small business ideas in India.

80) Fish Aquarium

Yet another modest company concept for Indian businesspeople. You may also start an aquarium company, which is lucrative. Fish serve as a lucky and financial sign.  People now want to have aquariums in their homes for luck and money, while some do it out of pleasure and as a pastime.

Depending on their budget, some people choose a little arrangement while others opt for a huge, fashionable one. Folks may put a wide variety of fish in the aquarium. The sale of aquarium components is another avenue for substantial financial gain. Customers spend a lot of money on aquarium décor, including aeration equipment, substrate, tanks, decorations, and fish food. If you’re interested in starting a fish aquarium business, simply learn the ropes and talk to some experts.

Also read: Fortune 100 Best Companies to Work For

81) Game Zone

The demand for game zones is highest among children and teenagers. It is an original small business concept for up-and-coming businesspeople. The hefty cost of these games prevents parents or guardians from spending so much money. Therefore they choose to bring their kids to gaming zones where they can play the games for a few hours costing much less comparatively.

You can choose to open a gaming parlor with a large initial investment or a low first investment and still make a decent profit afterward. Before starting this business, you must research the industry and understand what is popular with children. Before you start this business, you need to keep a lot of key factors in mind, such as the type of machinery, the market, the procedure, the licensing and registration requirements, business risk, etc.

82) Common Service Centre

The Indian government offers a wide variety of services. These services are widely available online. Therefore you can set the CSC or common service center to help people complete these services. This is one of the best small business ideas in India which comes with a government backup. This is a place where you can provide a wide range of online services to other people, including Aadhar Cards, PAN Cards, train ticket booking, electricity bills, government schemes, government documents, some licenses, insurance, agricultural services, etc.

In India, this is a very lucrative low-investment business idea. At csc.gov.in, you can discover all the information you need to open a CSC center and for registration as well.

83) Manpower supplying business

Every firm needs extra workers practically every day. This is especially true for restaurants, which have significant worker attrition rates. Cooks and waiters frequently quit unexpectedly or just stop working. The proprietor of the firm is severely inconvenienced by this. On occasion, homes also need help with cleaning. With a little creativity and little capital outlay, you may assist restaurants in solving their labor issues and generate respectable revenue virtually every day.

84) Personality Development Classes

Everybody desires a positive personality. Both personally and professionally, having a positive attitude is tremendously advantageous. You can start a class for personality development. Such courses are highly sought after in the industry and hence one can say that these classes are one of the best small business ideas in India. This program will prepare you for your interview if you are looking for work. This course might be useful for business and marketing professionals as well. You can teach a variety of skills in this program, including public speaking, stage daring, and communication skills. Find a space for the classes or you can also choose online teaching mode to save more money.

Also Read: How do TV Shows Make Money? 11 Best Ways

There are several other low investment business opportunities that you might consider to start a business in India. Even plentiful investment in a small business might not be enough if your strengths and skill set do not match your criteria. After analyzing and evaluating these aspects, choose a business to run.

It is advisable to know all the legalities and licensing procedures before jumping into the pool. Always remember, a very little experience may also help.

Now that you have all the above mentioned small but high return business ideas, are you still waiting for something?

Best wishes for your new startup!

Sushma Singh

Sushma is an expert in online money-making strategies with extensive experience in business. She has spent a lot of time researching and writing about the ever-changing world of money-making games and websites, making her an expert at finding ways to make money online.

Thanks for sharing small business ideas

Almost all of these ideas are easy to implement and develop into a multimillion dollar business if the person develops the right attitude. Startups usually lack persistence and patience and most of them quit just a few steps from attaining results.

Thank your sharing valuable business ideas.

Comments are closed.

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35 Most Successful Small Business Ideas for Beginners in India

In this article, we highlight the 35 most successful small business ideas for beginners in India that require low investments of time and money.

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A sizable portion of India's GDP is generated by small businesses, making small-scale businesses among the most significant small-scale industries in the country.

With the increased creativity and technological innovation, there are several small business ideas in India that you can easily launch with low startup costs. Most require just a few specialized skills to carry out certain duties.

While such businesses may require you to lease or hire out small premises, you can run some small businesses from home.

This article reviews small business ideas for beginners in India .

List of Most Successful Small Scale Business Ideas in India

The most successful small scale business ideas for beginners in India are:

• Start a Blog
• Launch an Online Store
• Sell Online Coaching
• Sell Online Courses
• Start Freelancing
• Start Candle-making Business
• Sell Homemade Prickles
• Start Homemade Chocolate Business
• Launch a Jute Bag Sales Business
• Sell Incense Sticks or Camphors
• Establish a TV Advertising Agency
• Start a Pet Care Business
• Open a Beauty Salon
• Sell Papad and Roasted Snacks
• Become a Photographer
• Start Web Development
• Start an Extracurricular Activity
• Sell Homemade Crafts
• Start a Product Packaging Service
• Start a Local Delivery Service
• Start a Catering Business
• Become a Travel Agent
• Sell Dry Fruits
• Offer Child Tutoring Services
• Start an Event Planning Business
• Start Cooking Classes
• Open a Computer Training Center
• Become a Social Media Manager
• Community Energy Supply
• Become a Customer Service Point Agent
• Become an Affiliate Marketer
• Offer on Demand Service
• Offer Multi-language Translation
• Start a Food Truck Business
• Start a Real Estate Agency

1. Start a Blog

When done right, blogging can be one of the best low-investment business ideas in India. The best bloggers in the world make quite a lot of money, and if things are done right, even a part-time blogger can expect to make a respectable profit. There are endless inspiring blog examples that can help kickstart your journey. Just choose your niche and keep going.

The best thing about it is that blogging is an excellent passive income idea . With a low investment, you can spend just a few hours creating content and then continue making money off it for a very long time. All you need is a good job search site , passion for the subject, and determination to succeed.

The purpose of blogging is to spread knowledge. Writing about subjects you are passionate about will make it much easier to grow a successful blog.

Naturally, this is one of the many small business ideas for writers.

2. Launch An Online Store

An online store is an online shopping website or app where customers can view a selection of goods and services and make online purchases.

E-commerce has gained immense popularity recently, and there’s no turning back.

It takes only a few hours for anyone with a computer to get started, and no particular technical knowledge is required. For example, with an e-commerce platform like Squarespace , you can create your online store in less than 30 minutes.

Before opening an online store, you must conduct in-depth research and create a business marketing strategy.

Commoditized (clothing business, organic food store, mobile payment solutions) and niche goods are the two categories of items you can offer online business owners.

3. Sell Online Coaching

An online coaching practice is where a trainer conducts client consultations remotely rather than in person. The coaching sector has had recent tremendous growth, and this upward trend is only expected to continue.

There are several online coaching niches; some of the most in-demand ones are online vocal coaches and online coaches for business, fitness, and life.

It's possible to work with clients from all over the world and have more flexible hours. A laptop with an internet connection gives you everything you need to start immediately.

Even though launching an online coaching business is straightforward—especially with online coaching platforms that make it a lot less complicated—the work itself isn't always easy. This business requires at least a marketable idea with the knowledge and abilities to implement it.

4. Sell Online Courses

An effective way to spread your abilities to a global audience and make a bigger impact and more money is to convert your knowledge and expertise into an income-generating online course. It’s one of the most successful business ideas for natural teachers.

What's great is that anyone can create and market online courses . All you need is a little knowledge, the willingness to research and learn more about the subject, and the capacity to speak passionately about a topic.

It takes time and effort to create a best-selling online course. The two most important things you can do to succeed in the e-learning sector are to thoroughly research your target audience and develop a solid course outline.

5. Start Freelancing

Freelancing involves offering your skills and abilities as a service. To do this, you must comprehend how a potential client might benefit from your expertise.

Try to imagine yourself in your ideal client's position. What issues do they have, and how can you utilize your abilities to fix them?

A freelancer's specialty area might range from content creation to app development to tutoring.

Some gigs are simpler to obtain without experience if you're a freelancer just entering the freelance business market. Virtual assistant, freelance writing, and social media management are some of the top freelancing opportunities for beginners.

6. Start a Candle-Making Business

Candles, especially scented candles, are becoming more and more popular. Candles are used for both religious and non-religious purposes, as well as interior home décor. Candle-making is one of the most straightforward small-scale business ideas you can start at home.

You can create fragrant candles in various sizes, shapes, and colors with a little knowledge and practice and with the help of aromatic oils.

This small business idea is a low-cost business idea that you can launch at a small business level with a very low investment of INR 20,000 – 30,000. The most crucial supplies for this type of business include wax, thread, molds, candle holders, scent, scent, and oil. This is a lucrative business idea to earn money.

7. Sell Homemade Pickles

Nearly every meal in India, particularly in the south, contains pickles. Indian households love pickles, which are a highly demanded classic culinary item.

In the past, individuals would prepare pickles at home and keep them, but in today's corporate world, where almost everyone works, it is nearly impossible to find the time to do so.

This is why pre-made pickles from stores are part of well-known small business ideas in India, and customers are happy to support home-based pickle businesses.

You need an average cost of INR 20,000 to INR 25,000 to start a small-scale pickle business at home, making this small business idea a low-investment business idea.

8. Start Homemade Chocolate Business

One of India's most popular foods among adults and children is chocolate. It is frequently consumed and most frequently purchased in bulk for special occasions.

People love to purchase homemade chocolates in various flavors, making this business idea an excellent small business idea in India. It is not a capital-intensive business, making it one of the best home-based business ideas.

The cost of buying raw materials and packaging would be between INR 40,000 and INR 50,000. The benefit of this business is that it can be run from home and is long-lasting.

9. Launch A Jute Bag Sales Business

Jute bags are among the popular small business ideas in India, particularly as plastic bags have been banned. As a result, there’s a high demand for environmentally friendly alternatives.

In addition to being necessary for shopping and storing goods, bags are valued according to their designs; the more stylish the bags, the higher the price consumers are willing to pay.

Jute bag manufacturing and sales are potentially lucrative businesses.

Starting this small-scale business might demand a relatively large investment of between INR 50,000 and INR 100,000 because of the cost of purchasing the raw materials needed to manufacture the bag. But it remains one of the most profitable business ventures you can embark on.

10. Sell Incense Sticks or Camphors

Most Indian households have a traditional and religious requirement for incense sticks and camphor, making this an excellent small business idea that anyone can start.

To succeed in this small-scale business idea, it's important to sell good quality products. If the quality of your incense sticks and camphor is acceptable, your customer base will likely increase easily.

This small business idea is one of the trending small business ideas in India that require very low investment. The initial expenditure needed to start this business is INR 50,000, which goes toward purchasing equipment for making agarbattis and camphor.

The cost may increase depending on how many products you plan to produce. It’s important to know that this business is a seasonal business that generates more revenue during festive seasons.

11. Establish A TV Advertising Agency

TV advertisements have developed into an excellent platform for both large and small businesses to advertise or introduce their goods to the public. Despite the current preference for digital marketing, it is one of the most effective methods of marketing goods and services.

With this good business idea, you can contact a company currently running television advertisements or approach others who don't have TV ads and persuade them to become your clients.

Green screens, studio space, cameras, and lighting effects would all be part of the initial expenditure.

12. Start A Pet Care Business

If you enjoy caring for animals, you might want to consider starting a pet care business.

As pet ownership in India is rising, this industry is gaining popularity. Pet owners can't bring their animals with them on trips or work trips. So, they search for companies or individuals who can take good care of their pets while away.

This small business is a good fit for you if you are knowledgeable and skilled in handling animals.

Understanding which licenses and permits you'll need when opening your own business is critical. While not all small businesses in the pet care space require certification, most require some training or certification.

13. Open A Beauty Salon

The beauty industry is expanding, and there has never been a better moment to open a beauty salon than now because individuals are now spending more and more money on beauty.

Before opening your salon, gaining direct experience will help you avoid many costly mistakes.

If you don't already have a job at a salon, you can volunteer at a beauty salon to get a feel of how it works. Pay attention to what others request. Get a sense of how the salon industry operates.

Before launching this creative business idea, you should focus on a few things, such as the location, hiring competent and productive staff, and choosing the best promotion or marketing approach to grow your customers and overall sales.

With a small initial cost, you can start your own business on a modest scale by renting a space.

14. Sell Home-made Papad

Papad is a thin, lentil-based cracker traditionally dried in the sun. This classic Indian dish is loved by people everywhere, and it is prepared using flour, water, and salt, then griddle-cooked.

You can make papads using various methods, so be sure to try them all until you discover the one that suits you the best.

Making papads at home is an excellent strategy to set up a business on a low budget. There are a few things you should take into account before starting your own papad-making business.

Investment is the first—although this is a low-investment business idea. You'll need to spend money on essential tools such as a griddle, rolling pins, and drying trays. If you intend to sell your papads on a commercial level, you might also want to consider buying a food dehydrator.

This is a low investment business idea that you can always implement at the small business level with little capital outlay.

15. Become A Photographer

People and companies use photographers for a variety of reasons. For brochures, businesses require images of their items. Realtors require pictures of the properties they are selling. And magazines require images that are relevant to the stories they print.

So if you are skilled at using cameras and taking great pictures, starting a photography business could be the ideal approach to build your creative skill set and begin a successful side hustle.

A good camera is the first item you need to launch a photography business. You can also use a smartphone to start.

Marketing is essential for a photography business to be successful. If no one hires you, you can't shoot images and get compensated for them.

Use your personal and professional networks to promote yourself. Participate in trade exhibits and occasions catered to your market. For instance, attend weddings if you want to specialize in wedding photography.

Another way to market yourself as a photographer is to build a website for yourself. This is not as complicated as it sounds; there are several website builders for photographers out there that make it a breeze and give you a lot of bang for your buck.

16. Start Web Development

Web developers create and maintain websites, apps, and software. Developers create every software or website we come across.

Starting a career in web development might appear difficult. There are numerous languages and tools to learn.

For a beginner, just choosing where to begin might be challenging. But in reality, it probably won't be as difficult as you imagine once you have an idea of the skills required for entry-level web development.

Surely, there are several good website builders in India . Watch a couple of Youtube videos and browse a couple of blogs. Then, complete a small test project, and you are a web developer.

You could work as a web developer for a business or agency or as a freelancer working on jobs for one-on-one clients, and you can earn money by billing clients an hourly rate or a fixed fee for your services.

Once you master web designing skills, you can approach local startups or established companies to see whether they need a new website developed or a current one modified.

17. Start An Extracurricular Activity Center

In the present day, there is a noticeable increase in public interest in dancing, acting, singing, and other performing arts due to their being prominently featured in several reality shows in the television and film industries.

India offers a rich possibility for starting an extracurricular institution to train children in these areas. Even in rural areas, individuals are willing to spend money to participate in extracurricular activities; these activities are prevalent and not just limited to metropolitan and large towns.

This is a profitable business idea to earn money and requires individuals with great teaching skills.

18. Sell Handmade Crafts

Making crafts is a wonderful way to unwind, relax, and express your creativity.

Choosing what to sell is the first step in starting a crafts business. What you choose to craft will partly rely on what you enjoy creating. But it's still important to study the local market and determine what might work for your business.

Make sure there is a market for your products if you want to establish a handmade products business. Do people love receiving your handmade goods as gifts? Have you had any offers to sell your works?

You can work with art exhibitors as a partner or target small neighborhood markets or shops to sell your crafts.

19. Start A Product Packaging Service

Just for a moment, take a look around your home. Everywhere you look, there will be little boxes and paper bags lying around, chocolate in the refrigerator, and possibly even a glass case.

What does this suggest? That packaging is all over the place.

Packaging has consistently proven to be a crucial aspect of marketing, regardless of the country—whether it's India or the United States.

In India, the demand for packaged goods is greater than ever. Companies are working to improve the dependability and appeal of their packaging.

Small and medium-sized enterprises typically don't have a specific division responsible for handling product packaging. They frequently contract with individuals or other businesses to handle it for them.

You can start a successful packaging business and get many contracts if you create a clear plan. This small-scale business is among those with low investments and big returns.

20. Start A Local Delivery Service

Numerous shipping companies have trouble getting their goods to remote, underdeveloped rural areas. You can solve this problem by offering last-mile delivery services to those shipping businesses.

You should concentrate mostly on areas that conventional shipping corporations won't venture into. You can increase your delivery service fees at these locations to generate more revenue.

You can also extend a local delivery service to local markets in small communities. Some of these markets might need home delivery services for their regular customers.

Maintenance of delivery vehicles, gasoline expenditure, and insurance premiums are the ongoing primary costs for a delivery service business.

This small-scale business requires low investment.

21. Start A Catering Business

These days, caterers are in great demand for all types of formal gatherings, including weddings and events.

A catering business can make you a respectable amount of money if you have strong people skills, the ability to manage your workers under duress, and the ability to work well under pressure.

To succeed in such services as catering, you need to have experience because there are already many prominent names in this industry.

You need to be an all-arounder to become a well-known caterer, which entails being good with staff management, knowledgeable about various serving dishes, various cuisines, and all the current culinary trends that are popular with people depending on the gathering.

In all, it’s a great business idea with great potential for massive scale.

22. Become A Travel Agent

Offering travel-related services, such as booking flights, trains, buses, hotels, tour and travel packages, import-export business, cruise packages, and many others, can bring enormous earnings.

You might need to collaborate with national hotel chains, long-distance bus services, railroads, and aviation firms.

Working with reputable travel agencies and service providers is advisable if you are unwilling to take any chances. You can earn commissions in this way for each reservation you make.

23. Sell Dry Fruits

In the Indian market, dry fruits are the one commodity that is always in demand. Dry fruit sales have been expanding in India through wholesale, home-based, retail, and online channels.

The demand for dried fruits imported from other nations, such as cashew nuts, walnuts, almonds, raisins, and dates, is rapidly growing. This makes it one of the most profitable business ideas.

You'll need the required permits, registrations, and licenses to open a dry fruit business in India. Having a conversation with a dry fruit industry expert is an excellent idea. Their advice might guide you in setting up a successful business.

You should be aware that the market for dry fruit significantly grows throughout the winter, which leads to regular price increases.

24. Offer Child Tutoring Services

The need for tutors has risen. While children are in school, most parents want to give their children the greatest possible education. Every child can benefit from having a skilled and dedicated tutor. Many students who use these services succeed academically.

If you'd like, you can also choose online tutoring. You can launch this lucrative business without financial outlay if you have a degree and some teaching experience.

25. Start A Wedding Planning Business

Whether a country's economy is flourishing or in recession, there will always be a wedding market. Additionally, weddings might be relatively private affairs or big Indian weddings.

You can access a wide selection of small business financing choices or a business loan for the initial capital investment needed for hiring, logistics, and other preparations.

Despite the low investment required to start this business, you can realize large returns if you scale the business.

26. Start Cooking Classes

In India, engaging in cooking classes is very lucrative. It is inexpensive to start when done at a small-scale level. All that is required is a kitchen setup, associated equipment, raw materials, and cooking ingredients.

Anyone confident in this business's future would only need to make a small down payment. To launch this business, you can easily access cooperative credit societies from numerous financial service providers if you need financial assistance.

Once set up, small business owners in this space can host many batches at the same location. As a result, the capital expenditure is modest, and a little working capital investment would be sufficient to run the business smoothly.

27. Open A Computer Training Center

A person’s chances of getting an employment offer are significantly higher if they understand how to operate a computer and simple applications like Word, Excel, and PowerPoint from the Microsoft Office suite.

If you are an expert in computer-related skills and are good at teaching computer skills, you can start a training center with a few PCs, a high-speed internet connection, and teaching tools like whiteboards and projectors.

28. Become A Social Media Manager

Most businesses today prefer to use their marketing funds for paid social media campaigns and digital marketing.

Suppose you are skilled in digital marketing, communications, branding, web presence management, and social media. In that case, you can launch your own venture or business to assist organizations in creating a great online business presence.

All you need to start this profitable business is your computer and stable internet.

If lack of capital is your concern, there is no need to worry because there are numerous possibilities for a small business loan to launch a web/social media agency.

This business falls in the category of online business ideas, making it among the low-cost business ideas on the market.

29. Community Energy Supply

The difficulty that utility businesses face in regularly supplying energy to citizens in India is the root of this business concept.

In this business venture, you acquire electrical generators to generate power for a small community. One could speak with the locals in Indian cities or towns to identify the organizations in need to identify their needs.

There is a significant reliance on coal, which must eventually be replaced by electricity for sustainability.

30. Become A Customer Service Point Agent

Customer Service Point (CSP) is one of the most profitable village business ideas in India . CSP is a type of commission-based labor. You have huge potential to greatly benefit from this venture because people need banking services in rural areas.

If you work hard, you can potentially make up to 100,000 INR per month. Any bank will accept you as a Business Correspondent (BC), and you can set up your CSP from home. You will need an internet connection and a laptop to start as a CSP agent for any bank.

31. Become An Affiliate Marketer

Affiliate marketing is the strategy of receiving payment (commissions) each time you advertise a business's goods or services and make sales. Like a sales agent who is compensated exclusively on commission, you are only paid when you make a sale.

The business idea of affiliate marketing is rapidly gaining popularity in India and is one of the best ways to work from home without making a significant financial commitment.

Affiliate marketing strategies may involve digital marketing, network marketing, or content marketing to promote an advertiser's items while earning a percentage of commissions.

You can endorse an advertiser's goods through social media posts, blogging, and paid web adverts.

It is a low-investment business idea with massive success potential.

32. Offer On-Demand Service

Offering high-demand services enables you to accommodate all your clients' needs. Home repair, driving, pest control, security services, wifi installation, plumbing, and carpentry are a few examples of on-demand services.

You will merely serve as a middleman, dealing with service providers on behalf of your clients. You can launch this business with almost no capital.

All you need to launch your small business are some solid connections with the local service providers and a client acquisition method.

Local search directories like sulekha.com , and local media, are options for advertising your company.

33. Offer Multi-language Translation

A translator translation services for a wide range of documents while ensuring the authenticity of their clients. They ensure that the material's spelling, grammar, and context remain consistent with the source.

Content creators nowadays want translation services to enable them to broadcast their messages and services in multiple languages.

Many foreign companies with expansion plans are looking for trustworthy translation services to promote their products in India's regional languages.

This is one of the most successful business ideas for anyone who has a strong command of an international language and a comparable understanding of regional Indian languages. It also requires a low investment, making it even more attractive.

34. Start A Food Truck Business

A food truck is a sizable automobile, like a minibus or van, where you can prepare, cook, and serve food—taking influence from food trucks or mobile restaurants in other parts of the world. This unique meal format has quickly gained popularity in India.

For business people who want to provide delicious cuisine, operating a food truck business in India is a fantastic option. Unlike when starting a restaurant, you don't need to own or rent pricey spaces. So, you only need a minimal investment to get started.

You can set up shop in one location and hire a salesperson to market your goods.

The best part of this concept is that you can implement it anywhere you like, such as near a busy intersection close to a festival, which you will experience most of the year.

35. Start A Real Estate Agency

A real estate agent is a qualified individual who coordinates real estate transactions by connecting buyers and sellers and representing them in discussions.

A real estate agent can earn money from the real estate market through commissions, which is a portion of the property's purchase price; therefore, the success of their transactions determines how much money they make.

Before starting a real estate business, you need to have a thorough understanding of the industry. You can gain useful knowledge by speaking with seasoned industry leaders.

Although there are no specific requirements to work in this industry, having strong networking and bargaining skills might be helpful. Under India's applicable regulations, you must be 18 or older to enter the real estate business industry.

What are the Best Small Business Ideas in India

As a beginner, remember that every small business has its benefits and drawbacks before starting, whether big or small.

It is not enough to have sufficient funds to invest in your chosen small business idea; you need the required expertise to guarantee its correct operation.

Before starting any new business, it is advisable to be aware of the licensing requirements and other relevant legislation.

Our top most successful and profitable small business ideas are:

• Online Coaching
• Online Courses
• Freelancing

Recommended Articles

Learn more about ways to make money online with the following articles:

• Best ways to make money online
• Best passive income ideas in India
• Best side business ideas for women
• Thinkific vs. Teachable
• Best small business ideas to make money online
• Lucrative freelance jobs you can work from home
• Best ways to make money as a digital nomad
• Lucrative website ideas for an online side business
• Top trending products to sell online

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Martin luenendonk.

Martin loves entrepreneurship and has helped dozens of entrepreneurs by validating the business idea, finding scalable customer acquisition channels, and building a data-driven organization. During his time working in investment banking, tech startups, and industry-leading companies he gained extensive knowledge in using different software tools to optimize business processes.

This insights and his love for researching SaaS products enables him to provide in-depth, fact-based software reviews to enable software buyers make better decisions.

Top 20 Small Scale Business Ideas in India

Small businesses are responsible for more than 40% of Indias GDP and employ over 60% of the nations workforce. The Government of India has taken several steps to encourage the growth of small businesses in India.

Some of these include simplifying the registration process, providing tax incentives, providing access to credit and capital, and reducing red tape and regulatory compliance. These measures have helped create an environment conducive to the growth of small businesses.

Many small-scale business ideas in India can be successful if executed properly. In this blog, well discuss some of them. But before doing that, lets see how small-scale businesses in India are defined and how you can start one.

What Is a Small-scale Business in India?

A small-scale business in India is a business that operates on a relatively small scale compared to larger, more established companies.

In India, the definition of a small-scale business can vary depending on the industry in which the business operates. But it generally refers to a business with relatively fewer employees and limited capital.

Small-scale businesses are a vital part of the Indian economy, as they provide employment opportunities and contribute to the countrys overall economic growth.

How Do You Start a Small Business in India?

Starting a small business in India can be a difficult but rewarding process. Here are the steps to starting a small business in India.

A. Choose a Business Idea

The first step in starting a small business in India is to choose a business idea that you are passionate about and that will be profitable in the Indian market. Consider factors like your skills and experience, the demand for the product or service in India, and the competition.

B. Create a Business Plan

A business plan is a document that outlines the essential details of your business, including your business model, target market, competitive advantage, and financial projections. A well-written business plan can help you secure funding, attract investors, and stay on track as you grow your business.

C. Register Your Business

In India, small businesses are typically registered as sole proprietorships, partnerships, or private limited companies. Each type of business has its own registration requirements and legal obligations. So it is important to choose the right business type for your needs.

D. Obtain the Necessary Licences and Permits

Depending on the type of business you are starting, you may need to obtain licences and permits from various government agencies. It can include a trade license, environmental clearance, and other licenses and permits specific to your industry.

E. Set Up a Business Location

Once you have registered your business, you will need to find a location for your business. It could be a storefront, an office, or a home-based business. Make sure the location is convenient for your customers and meets all the necessary zoning and safety regulations.

F. Hire Employees

If you plan to hire employees, registering with the Employees Provident Fund Organization (EPFO) and the Employees State Insurance Corporation (ESIC) is essential. You will also need to comply with Indias labour laws, which set out the minimum wage and other rights and benefits for employees.

G. Promote Your Business

Once your business is up and running, you must promote it to attract customers. It can include advertising, public relations, and social media marketing. You can also consider joining local business organisations and networking groups to help get your business noticed.

Now that you know how to start a small business in India, its time to help you find the ideal venture type. Read on to learn about some small-scale business ideas you can choose from to make huge profits.

Top 20 Small-Scale Business Ideas

1. food delivery service.

With the rise of food delivery apps, starting a food delivery service can be a lucrative business idea. You can partner with local restaurants and deliver their food to customers.

2. Home Cleaning Service

Many people are willing to pay for a professional cleaning service to take care of their homes. You can start a business that offers cleaning services to residential and commercial customers.

3. Pet Care Service

Many people consider their pets to be part of their family and will pay for high-quality pet care services. You can start a business that offers pet sitting, dog walking, and other pet care services.

4. Home-based Bakery

If you have a passion for baking, you can start a home-based bakery business. You can bake and sell various items like cakes, cookies, and pastries.

5. Personal Fitness Trainer

With the growing awareness of the importance of physical fitness, starting a personal fitness training business can be a good idea. You can offer training services in a particular fitness niche, like yoga, strength training, or Pilates.

6. Handmade Crafts

If you have a talent for making handmade crafts, you can start a business that sells your creations. You can sell your crafts on online marketplaces like Etsy or at local craft fairs and events.

7. Home staging

If you have an eye for design and a knack for creating beautiful spaces, you can start a home staging business. You can help real estate agents and homeowners prepare their properties for sale by arranging furniture, accessories, and other elements to make them attractive to buyers.

8. Virtual Assistant

With the increasing popularity of remote work, starting a virtual assistant business has become a good idea. You can offer services like scheduling appointments, managing emails, and making travel arrangements for busy professionals.

9. Graphic Design

If you have a talent for graphic design, you can start a business that offers graphic design services to clients. You can create logos, marketing materials, and other design assets for businesses.

10. Personal Styling Service

With the increasing awareness of fashion and personal style, it is a suitable time to open a personal styling business. You can offer services like wardrobe consulting, shopping, and styling for special events.

11. Personal Tutoring or Coaching Services

With the increasing emphasis on education in India, there is a growing demand for personal tutoring and coaching services. Starting a business that provides these services can be a good idea.

12. Online Marketplace

With the growth of the internet and e-commerce in India, starting an online marketplace that connects buyers and sellers of a particular product or service can be a good idea.

13. Event Planning

India is a country with a vibrant culture and many festivals and events. Starting a business that provides event planning services can be a good idea.

14. Mobile Food Cart or Food Truck

India is a country with a vast population, and people are always on the go. A mobile food cart or food truck business can be a great way to serve delicious and affordable food to people in busy areas.

15. Gardening and Landscaping Services

As cities in India continue to grow, there is a growing demand for gardening and landscaping services. Starting a business that provides these services can be a great way to help people create beautiful outdoor spaces.

16. Handyperson Services

From plumbing and electrical work to carpentry and painting, there is always a demand for handyman services in India. Starting a handyman business can be a great way to use your skills to help people maintain and improve their homes.

17. Tailoring or Alteration Services

Many people in India need their clothes altered or repaired, and a tailoring or alteration business can be a great way to provide these services to your community.

18. Beauty Services

From haircuts and styling to manicures and pedicures, there is a huge demand for beauty services in India. Starting a small salon or offering mobile beauty services can be a great business idea.

19. App Development

App development is one of the most promising small business ideas in India. With the growing demand for mobile apps, you can start your own app development business and make some good money.

20. Social Media Marketing

Social media marketing is a great business opportunity for entrepreneurs in India. You can start a social media marketing business by creating a website and setting up campaigns for clients.

Advantages of Small-Scale Business in India

Small businesses can have several advantages in India. Here are some of their potential benefits:

• Flexibility: Small businesses often have the ability to be more flexible and adaptable than larger companies, which can be important in a rapidly changing market.
• Personalized service: Small businesses can offer personalised service and attention to customers that may not be possible in larger organizations. It can be particularly important in India, where building relationships and providing exemplary customer service are often highly valued.
• Lower start-up costs: Starting a small business can often be less expensive than launching a large company. It can be especially vital in a country where the cost of starting a business can be high.
• Local focus: Small businesses can often focus on serving local customers and meeting the needs of the local community.
• Ability to innovate: Small businesses can be more innovative and take risks that larger companies may not be able to. It is significant for staying competitive in a fast-paced market.

FAQs on Small Scale Business Ideas in India

Frequently Asked Questions on Small Scale Business Ideas in India

What is the easiest small business to own?

The easiest small business to own is one that requires little capital, such as an online store, freelance writing, a virtual assistant, or consulting services. These businesses can be started with minimal upfront costs and scaled up or down depending on your needs and budget.

What are the fastest-growing small businesses?

Some fast-growing small businesses include online education, online retail, social media management, and consulting.

What is a low-cost business idea with high-profit margins?

Here are some low-cost business ideas with a high-profit margin.

• Online Tutoring
• Affiliate Marketing
• Social media management
• Virtual Assistant

How hard is it to get a small business loan in India?

Getting a small business loan in India can be an arduous process depending on the size of the loan, the type of business, and the borrowers credit history. Lenders typically require a business plan, collateral, and other documents to verify the borrowers creditworthiness and the businesss ability to repay the loan. The paperwork involved can be complex and time-consuming.

Additionally, the availability of loans for small businesses is limited in India, and the terms of the loan may be unfavourable.

What are some small-scale business ideas for beginners?

Some small-scale business ideas for beginners include: becoming a virtual assistant; offering freelance services; starting a blog; launching an online store; becoming a consultant; offering copywriting services; becoming a tutor; offering web design services; becoming an influencer; or becoming a photographer.

These small-business venture ideas can help beginners launch their own businesses with relatively low start-up costs and minimal experience.

Starting a small business in India can be challenging. But with the right business idea, a well-written business plan, and a dedication to hard work, you can build a successful small business. With various options available in today’s contemporary India, the idea of starting a small business has become easier to fulfil.

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50 Businesses You Can Start With INR 1 Lakh Or Less

Shubham Kumar

According to a survey by Randstad Workmonitor in 2017, 83% of the Indian workforce would like to try entrepreneurship. While there are many who want to start a full time business, there are others who plan to start some part-time business to earn extra income. However, starting a business has many hurdles associated with it, and the major hurdle is the lack of capital. As a matter of fact, there are many businesses which can be started without investing a huge amount of capital. Here is a list of the best business ideas you can start by investing INR 1 lakh or less.

You may also like: 62 Business Ideas with Low Investment and High returns

Businesses You Can Start with INR 1,00,000 or Less

Cab Fleet Home Automation Services T-Shirt Printing Investment Business Stationery Store Startup Canteens Custom Gifts Professional Cameras on Rent Xerox and Printing Juice Shop Food Corner Game Parlour Used Car Dealership Driving School Beauty Salon Affiliate Marketing Blogging Writing Services Homework Help Services and Tutoring Web Designing Business Graphic Designer Interior Designer Home Decorator Fashion Designer Starting an Online Store Bookstore Fashion Store Babysitting Craft Store Bakery Online Advertising Dancing and Music School Sell Handmade Products Consulting Business Real Estate Agency Travel Agent Web Maintenance Service Event Management Business Amazon Seller YouTuber Podcasting E-Book Writing Laundry Shop Tailoring Home Cleaning or Corporate Cleaning Services Home Maintenance and Repair Services Catering Business Grocery Shop Mobile Repair Shop Paper Bag, Cloth Bag, or Jute Bag Making

You can buy a used car or a couple of bikes under INR 1 lakh, register them with Ola , Uber, Rapido, and other on-demand cab services. You then need to hire some people to drive the cab for you. Even after the necessary deductions like paying the driver's salary along with the maintenance expenditures, you'll still end up with a good profit.

Home Automation Services

Speech recognition devices like Amazon Alexa and Google Home have become common in today's households. With some knowledge of electronics and coding, you can help people pair their home appliances with speech recognition devices. This would allow them to control the appliances by giving commands to the speech device. One needs to purchase electronic equipment and hire a few talented guys to take care of the programming and configuration aspect.

T-Shirt Printing

There's a constant need for custom designed uniform with logos and pictures. As a result, T-Shirt Printing is a lucrative business one can pursue. You can help customers by printing their required designs and logos on T-shirts. For that, you'll have to invest in a good T-shirt printing machine . There are many affordable machines in the market, some starting from as low as INR 50,000 . If it sounds expensive, one may rent the machine from someone on a monthly basis or longer and once the business turns profitable, the venture owner could buy his or her own machine. With the constant emergence and growth of social media influencers, this business is in high demand at the moment. And there's no dearth of offline opportunities as well. Many T-Shirt startups are already excelling in this industry.

Investment Business

If you have knowledge about trading and investing, you can provide the service of handling people's money and generating profits for them through the share market. But to take off with this idea, one needs to demonstrate the knack for making successful predictions and trades in the market because people believe only when they see. Moreover, it requires immense trust to hand over one's hard earned money to someone else. So start by investing money for relatives and friends, turn them into success stories, and then aim for the big fish! You can start your own investment company in the future with this business idea.

Also read: Best Fintech Startups in India

Stationery Store Startup

You can open a stationery store and cater to new startups and offices since they require a lot of stationery related items like pen, paper, markers, etc. Offer them the best quality stationery products at reasonable prices. You can also partner with schools and coaching centers to establish your presence. Subsequently, students will come only to you for stationery needs. Connectivity with your main store means shortage of supplies can be taken care of immediately. You will need to build an effective transport network for connectivity between the main warehouse/store and your franchises to meet urgent delivery request. A home delivery facility will attract more customers. This business idea can be easily launched with INR 1 lakh and be scaled as a formidable startup if implemented with the best practices.

Canteens are no less than a necessity in public places such as parks. Even hospitals and office spaces are known for the crowd they bring. You can lease a space in such locations and start a canteen there. Start with limited options like tea, coffee, and biscuits. If there's a growth in your customer base, you can then increase the options offered. Once the entire business is in motion with windfall profits, you can then think of expanding the canteen chain.

Custom Gifts

According to Asianage, the gifting industry in India is expected to reach $84 billion by the year 2024. The industry is worth north of $65 million at present. The millennials have contributed significantly to the rise in gifting culture. Starting a personalized gifting business can prove to be a profitable business. All you need is creativity and innovation which are reflected in awe-inspiring photo frames, custom coffee mugs, etc. Test your initiative on your acquaintances and see what they think of custom gifting as a customer. You can also distribute samples embellished with your information for promotion and publicity. Closing a deal with corporate offices, especially during the festive season, is also a good idea for marketing.

Also read: Corporate Gifting Ideas for Diwali

Professional Cameras on Rent

Social Media platforms like Instagram and Facebook have ushered in a new era, one where everyone's crazy about selfies and videos. By the time you'd be done reading the previous sentence, hundreds of thousands of pictures must have been uploaded online. People are desperate for good quality images and videos. They need excellent cameras for that. You can buy a high-end camera that ranges between Rs. 50,000 to 80,000 and rent it to people on an hourly basis. If you can invest in a good quality drone with integrated camera and provide the instructions on its usage, nothing like it. You can easily command more than Rs. 1000 per hour as people are willing to pay astronomical amounts for those precious drone clicks!. If you are interested, you can also start doing professional photography.

Xerox and Printing

Although everything's online now, requirements like photocopying and scanning will never fade. You can buy a xerox machine and start a business near a coaching center, college, or offices. It is a highly scalable business idea if done right.

Also read: How to make money online

With the millennial (and everyone in general) moving towards a healthier lifestyle, juice shops are the place to go after that intensive workout. Be it fruit juice or protein shake, juice shops are a favorite for many. Starting a juice shop business near a jogging park, fitness center, or in a commercially bustling area offers a good chance to make money. If you cannot find any such place, you can always start with a movable setup like using your car and parking it near a jogger's area every morning. All you need to start this business is a good juicer, fruits, and necessary permission for your venture. All of the inventories can be bought for less than 50,000 rupees. You can use the other INR 50,000 from your INR 1,00,000 investment to market your shop. You may have to seek police consent and those of the concerned authorities. Target residential societies, if possible. As more and more people throng to your shop, you'll get an idea and insight into their preferences and thereby come up with even better offerings. It is one of the most promising business ideas you can start with INR 1,00,000.

Food Corner

Some eat to live while others live to eat. All in all, a Food Corner has all the ingredients of a profitable business . Aim for affordable meals so that people from all walks of life have something to consume at your joint. Since we're talking about businesses under INR 1,00,000, start with a stall type of setup. Talk to the southern meals and MOMO vendors you find on the roads to understand how they work. This is the one of the best businesses you can start with INR 1,00,000 or even less as food will never go out of trend.

Also read: How to market a restaurant

Game Parlour

The gaming industry is witnessing a boom. The current value of the gaming industry in India is $850 million and it is growing at a rate of 14.3% every year. If you think people in your locality are into mobile or PC gaming, you can buy a few high-end mobile phones and PCs and set up a game parlor . Many people want to play high performance mobile games but don't have compatible phones. There's tremendous opportunity in mobile lending. Apart from the money you make from the games, you can sell snacks in the parlor for some extra cash.

Used Car Dealership

There are many people who prefer to buy used cars in good condition. They buy a used car, drive it for a year or two, sell it, and buy another used car. You can start a used car dealership and find customers easily. All you need is a used car, have it repaired and find a buyer. If you can add some value to the car through modification, people will be ready to buy it for a higher price . Start your business by scouting for a used car that can be purchased and enhanced in 1 lac budget. Many people like to buy used cars and enhance it in a short period of time.

Driving School

Driving school continues to remain in the market. It is still a good business that mints money as the number of driving licenses issued every year grows exponentially. For a driving school, you need a good marketing plan as you cannot target specific people. You will have to use traditional channels of advertising like newspapers and pamphlets. Social media marketing can also assist in acquiring customers.

Beauty Salon

For someone who is interested in doing hairstyles, makeup or grooming people, starting a salon can be a nice business. A shop in a good locality is needed, besides many also start it at home. Much heavy investment is not needed, and also one can earn good amount of profit in this business

The above mentioned are some of the best business ideas that can be started by investing around INR 1,00,000. But if you feel that 1 lakh is not what you can invest right now, there are still other businesses you to start that requires very less investment. Let's have a look at some such business ideas

Also Read : 10 Small Business Ideas that You can Start from Home

Best Businesses to Start with Less Investment

Affiliate marketing.

Affiliate marketing is an easy to start yet profitable business that you can start, without any major investment. What you have to do is to simply promote other business's products and services online and earn commission. You don't even need to have your own website to start affiliate marketing. Just choose the products you would like to promote and register yourself as an affiliate of the company whose products you would like to promote. Once authorized to become an affiliate, you receive affiliate links for various products the company is selling. You can now paste these links on your website or promote them through your social media accounts, YouTube channel, in online groups or communities, or through email, and start earning commission whenever someone clicks on your link to visit the company's website and makes any purchase.

If you love writing, blogging is an interesting and profitable business that you can start with minimal investment. All you need to spend is on a domain and a good hosting plan. So just with an investment of INR 5000-6000 you are all set for a blogging business. Blogging lets you make money in many ways. You can sign up with Google AdSense to show ads on your website, do affiliate marketing, write sponsored posts, sell e-books and much more through blogging.

Writing Services

Another good service for those who have amazing writing skills is starting a business providing writing services. Writing service providers create various content for the clients ranging from resume writing, article writing, short story writing, copy writing, technical writing, editing and much more. You can start by offering a limited services, and once scaled up, you can hire people and broaden the spectrum of your services.

Homework Help Services and Tutoring

There are many students who would pay to get some help for their homework. You can start online homework and assignment consultation services. Students can call you to seek help regarding their assignments and you can charge them on an hourly or per assignment basis. You can target hostels and colleges for this business. This is an awesome business idea if you are excellent in studies and requires very little money to begin with. The only investment will be in the form of internet and your device. Tutoring is also a good way to make some money with almost no investment.

Web Designing Business

If you have relevant knowledge, you can start designing websites for various businesses. In today's digital world, every business big or small needs a digital presence to grow. By starting a web designing business, you can tap into this trend.

Graphic Designer

Are you a graphic designing expert? Well this can indeed be a great business option. Graphic designing has a huge scope. From creating logo's for companies, to designing brochures and marketing materials, making graphical content for social media to designing packages, there is lot you can offer to your clients and earn a good amount of money.

Also Read : How to Become an Expert Graphic Designer

Interior Designer

Interior designing is another great business option. With required skills and preferably the required certifications, you can easily start an interior designing business. Start by designing interior for your family, friends and acquaintances, and build a good portfolio that you can show attract clients. If your work is good enough, this business will surely take you places.

Home Decorator

Being a home decorator is a good business for those who loves to decorate beautiful homes. A home decorator is one who decorates the interiors with beautiful furniture, accessories etc. While you need certification to become an interior designer, no certification is needed for being an interior decorator. All you need to be an interior decorator is creativity.

Fashion Designer

If you have a knack for fashion designing, fashion designing business is something you can start without much investment. Find a niche segment and decide for whom you want to design clothes. Start by offering a few products, and promote your business to your acquaintances well as through social media. Also it is good to have your own website where you can showcase your design.

Starting an Online Store

Starting an online store is yet another good business idea. Just choose the products you want to deal in and decide whether you would like to go for drop-shipping or stocking the products you want to sell. As regards creating the e-commerce site, there are many platforms like Zepo, Shopify, and FreKart that will help you in this regard.

Starting a book shop is an affordable and nice business. One can opt to sell used books also, as they can be procured at a low cost. While there are many these days who prefer to order books online, and others who read e-books, there is still that category of readers who like to hold a book in the hands and read it, rather than reading it on a screen. So if you can rent a space near educational institutes or in a popular market area, your bookstore will surely earn profit. Coffee shop bookstore is also a cool place that people like to visit. So if you have enough space and required skills, you can also start a coffee shop alongside your bookstore to attract more customers.

Fashion Store

If you love to look stylish and fashionable and has a god fashion sense, you may consider opening a fashion store. To start with find a niche for yourself and start dealing in your niche. For example you can begin with a kids fashion store, and expand later to other niche as well, with increase in budget. You can also consider establishing your online presence and sell your clothes online.

Babysitting

Babysitting is also a business that requires very less investment. If there is space, you can start this business at your home itself. You just need to invest in some good toys, books, etc. to keep the kids busy. Also healthy food should be made available.

Craft Store

Opening a craft store is a viable business option. You can either create your own piece of art for selling in the shop or procure art and craft items in bulk and sell the same at retail rates. Craft items have a good profit margin when bought in bulk.

If baking is your passion, a bakery is a good business you can start. To keep the investments on the lower side you can opt to start a home bakery or a cloud kitchen. In home bakery and cloud kitchens, you just need to cook and deliver the food items, without any hassle of making sitting arrangements. Thus your rent is saved.

Online Advertising

Online advertising is what many businesses opt for these days, as online advertising is a great way to reach a wide audience. As such starting your own online advertising business is surely a profitable option. As an online advertising company you can provide services such as website designing, SEO services, PPC advertising, Social media marketing, content marketing and e-mail marketing.

Dancing and Music School

If you are a trained singer or dancer, music and dance classes can be a good business you can start. When started in a very small scale at home, you do not require any registration or licensing. Once you feel confident enough, you can scale up your business.

Sell Handmade Products

Handmade products are in demand these days. So you can make and sell handmade soaps, incense sticks, candles, etc. to make profit. The Government of India offers affordable training courses where you can learn to make these goods. You can sell them online, and as you scale up you can tie up with spas, salons, hotels, etc. for selling the products.

Other than this, you can also consider selling home made jams, pickles, chocolates, etc. Homemade stuff can be also be sold through sites like Etsy.com.

Consulting Business

Consulting services can be offered in various fields such as accounting, auditing, insurance, career, taxes, business and more. You just need to spot your area of expertise and start your consultancy accordingly. Try to get initial customers from your acquaintances and give them the best services so that you can benefit from word of mouth publicity.

Real Estate Agency

If you have interest and knowledge about real estate, you can become a real estate agent. You can choose from dealing in residential properties, commercial properties, or plot investments to start with. Get the required licensing, gather the required information and knowledge about the property you are dealing in, and promote yourself well so that you can reach out to your target customers.

Travel Agent

With the boom in the travel and tourism industry in India, starting a travel agency is a great business idea. You can choose to deal in anything: air ticket booking, hotel booking, selling travel packages, or all of them.

Web Maintenance Service

With every business going online, there is a rising need for web maintenance services. Website maintenance is required to keep a website error-free, up-to-date user friendly, and safe. In current times, web maintenance service can be a profitable business to start.

Event Management Business

Do you feel that you have what it takes to organize an event successfully? If yes, an event management company is something you should start. With the boom in the event management segment in India and worldwide, event management surely is the right place to be in. To start with, you can mange events for family and friends to get the exposure, and also do some thorough research on managing successful events. Being a first timer, you may find it overwhelming to provide all the event management related services. So you may start by offering one or two services like visitor management services, flower decorations, press and publicity services, etc. to big event management companies. Once you are confident enough, you can take the plunge to start your own full-fledged event management company.

Amazon Seller

Becoming an Amazon seller is a lucrative and profitable initiative. Currently there are over 5 lakh sellers registered with Amazon India. The best part about being a seller with Amazon is that you can reach out to a wide customer base not only within Indian but globally; Amazon takes care of everything from delivering the products to the customers to transferring money to your account.

Not just money, YouTube can actually turn you into a celebrity. If you choose to be a YouTuber, you can make money through various streams. You can earn money by becoming a YouTube partner, by selling your merchandise through your YouTube Channel, or by creating sponsored content. There are options where your fans can pay you directly. If you are a viral content creator, you can even make money by letting media houses use your content and get paid in return.

Looking at its popularity, podcasting can be a good business too. There are many ways in which a podcaster makes money. There are businesses who sponsor podcasts and that means a good source of revenue. Podcasters also earn from donations and crowdfunding by selling their own products and services, or through affiliate marketing.

Also Read : Everything you Need to Know About Podcasting

E-Book Writing

With all the craze around e-books, being an e-book writer can also prove to a profitable business. Before diving into writing an e-book, you need to find your area of expertise and interest, and write something which will create value for your readers. Once written, it's important to extensively promote your e-book to the relevant audience to generate more sales. You can sell your e-book through your own website, on Amazon's Kindle Direct Publishing (KDP) platform, or through other publishers.

Also Read : All You Should Know about E-books

Laundry Shop

Services that make the household chores easy are gaining popularity fast. Laundry service is one such life saver for the millennials. A well-managed laundry business is something you can start and earn profit from. You would need a staff to take care of washing, ironing, etc. Regarding marketing, targeting young people, working professionals, and tying up with co-living space providers can help significantly.

Tailoring is one of those businesses which can be started with low investment. Depending on your budget and skills, you can start tailoring at a small level from your home with a sewing machine and once budget and experience permits, you can launch a boutique. Upon expansion, you may buy a pico machine, interlock machine, embroidery machine, etc. and diversify your specialities in tailoring.

Home Cleaning or Corporate Cleaning Services

Cleaning is an essential service that individuals, organizations, and others cannot live without. With the uptick in the number of corporate offices, co-working spaces, co-living areas, and serviced apartments, the demand for home cleaning and corporate cleaning facilities has surged. Hence, starting a business in this domain is certainly a good idea.

Home Maintenance and Repair Services

There is lot to do when it comes to home repair and maintenance. From electrical work to painting, plumbing, carpentry or roofing, many chores needs to be taken care of. Considering the huge demand, a home maintenance and repairing business can surely turn out to be a profitable one if executed right.

Catering Business

If cooking and feeding people makes you happy, then the catering business is for you. All you need to invest in is cooking utensils, ingredients that will be required for cooking, and some helpers. Once your setup is in place, you can start taking orders and supply food for parties, functions, and other events.

Grocery Shop

A grocery shop does not require much investment. The most important factor you need to keep in mind is that the shop should be in a good location. Try to provide the variety of goods that people demand, be open to home delivery facility, and watch as you gain loyal customers.

Mobile Repair Shop

As reported by market research firm techARC, India had 502.2 million smartphone users in 2019, and the number is ever increasing. Given the scenario, a mobile repair shop can undoubtedly be a profitable business you may consider. Besides repairing, you can also sell accessories and provide mobile recharge facilities in your shop.

Paper Bag, Cloth Bag, or Jute Bag Making

With the buzz around the danger of using plastic, manufacturing cloth bags, jute bags, and paper bags is an eco-friendly way of making money. With proper marketing and the fabrication of reliable bags, you will end up with a pretty solid business.

These business ideas might seem small as they only need an investment of INR 1 lakh or less. But the sky's the limit when it comes to profits. Once you establish your foot with these initiatives, you can easily scale your business to the next level. Focus on marketing and correctly executing your business model. You may not see overnight results, so hold your horses and be patient. Are you aware of some other business ideas that can be started with a low monetary investment? Do comment.

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50+ Most Successful Small Business Ideas in India in 2024

Starting your own business is everyone’s dream. However, most budding entrepreneurs see their dreams nipped in the bud due to a paucity of funds for investment or profitable business ideas.

Should you possess some special skills, you can definitely start your own small business with low investment. While some such small business ideas can be operated from your home, you may need to lease small premises in other cases.

Funding small business:  Generally, small businesses begin with whatever little capital you may have . Community organizations and cooperative credit societies also offer loans on very soft terms. You may consider procuring a loan to fund your small business idea.

Plan well for success:  Remember, failing to plan is planning to fail. Therefore, plan your business well in advance before launch. Study the market for the product or service you plan to offer.

Further, acquaint yourself well with your prospective competitors and their offerings. Talk to people you trust and seek advice if necessary. Additionally, build a database of your prospective customers before launch.

Most Successful Small Business Ideas in India in 2024

Once you have completed the above homework, you are almost set to open your small business with low investment. Here are 50 new & creative small business ideas with low investment that we recommend to start in 2024.

Read: How to Start a Small Business in India

1. Blogging

I am a full-time blogger. I started my blog in 2009. Initially, it took one year to learn blogging but after a year, I started earning some good income with blogging.

It was 2012 when I crossed $2000 from blogging. Today, I earn more than $20,000 per month with blogging. There are thousands of people in India, the USA, and all over the world who make $500 to $25,000+ per month with blogging.

It's an excellent opportunity for people who are looking for a low investment business idea. You can start with as low as Rs 5000.

You can read this post on how to start your own blog . There are a number of best ways to make money from blogs. You can read about these ways here .

You can also watch this video that will guide you with step-by-step details on your blog.

2. Dropshipping

This is a very hot and new business idea in India. You can start your own e-commerce business without any significant investment and without stocking any product.

The great thing about dropshipping is that you don't need to purchase any product unless you get an order from a customer.

Here are the steps you need to start a dropshipping business:

• Find a supplier like AliExpress, IndiaMart, etc., and tie up with them.
• Create an ecommerce website and list what you want to sell from these suppliers.
• Promote your website through Facebook and other online marketing channels.
• Receive orders.
• Place an order with the supplier and ask them to deliver the product to the customer's address.
• Make profits.

Your profit will be the margin between the supplier and selling prices. You can sell as high as three times the price of the supplier.

You can read this excellent dropshipping guide to understand dropshipping.

3. Digital Marketing

This is a trending business in India right now, and there are unlimited opportunities in digital marketing.

You can start a digital marketing agency. You can do a freelance business; you can launch your own start-up. You can even promote different products through digital marketing and make money.

But, you need to have excellent digital marketing skills before you start any business in digital marketing. You can learn digital marketing online or join a training center.

It isn't easy to find good digital marketing training institutes in India. Most of the people who provide training are not skilled themselves.

Read this article on how to choose a digital marketing course .

I have more than ten years of experience in digital marketing, and I provide 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 an excellent small business. However, you must tie up with well-reputed brands offering great products.

A search on the Internet will reveal some major brands whose products are always in demand.

Thanks to rising medical inflation, people nowadays look for unconventional health and nutritional products and supplements, as well as skincare and beauty products.

You can grow your network marketing business by promoting its products to your friend's circle. You can also promote it online by creating a website.

5. Babysitting/ Childcare

This is a small business for women that can launch from home or small premises. The investment required for opening a babysitting and childcare service is very minimal.

All you need to invest in a few toys, cribs, and mattresses.

Add a few packets of disposable diapers, antiseptic lotions, and a first aid box as well. Nowadays, babysitting and childcare facilities are in very high demand due to the rise in the number of working couples.

6. Small Online Business Ideas

There are various small business ideas that can be done online from home or the office. You can start many such ideas without investment.

7. Mobile Garage(Small Business for Men)

Everyone has seen cars, scooters, and motorbikes break down in the middle of busy roads. These vehicles' unfortunate owners usually face a dilemma about where to get repairs. For such eventualities, you can offer a mobile garage.

For this business with low investment, you will require a car, a mobile phone, and all the tools required to repair a stalled vehicle. All you need to do is, rush to the place where the vehicle is parked to perform repairs.

8. Aquariums & fish

This is a small business idea you can enter with low investment and also from your home. For this trade, you need to buy a few aquariums of various sizes and different kinds of fish that are popular as pets.

You can also breed fish by keeping special tanks.

Additionally, selling air pumps, fish food, and decorative stuff for aquariums will net you more profits. Aquariums are also popular as gift items. However, you need to be well-versed in handling various species of fish.

9. Nursery & Garden Requirements

Once again, this is a great small business idea with low investment. Due to increased awareness about the environment, many people now maintain small plants and shrubs in their apartments and offices.

You can open this business from your home. Additionally, you can sell packets of fertilizers, seeds, and other garden requirements.

10. Jams, Pickles & Sauces

As people become increasingly conscious about their health, the demand for healthier, non-commercial jams, pickles, sauces, and ketchup is rising.

Moreover, consumers nowadays are wary of consuming foodstuff that contains chemicals of any sort. Given this scenario, you can manufacture jams, pickles, sauces, and ketchup with traditional recipes that are chemical free.

11. Stamps & Coins

Surprisingly, this lucrative business is almost non-existent in India. Stamp and coin collectors look for the latest issues from around the world.

A few simple steps are all you need to enter this low investment, high returns small business.

Register yourself with postal departments of various countries by paying them a small advance for buying the latest stamps. For coins, there are special government-run bureaus abroad.

They will send you the latest stamps and coins which are sold at a good premium to collectors.

12. Pet Care

Understandably, people love their pets. However, they cannot take their pets along while traveling for holiday or business. Hence, people look for services to care for their pets while away.

I have not seen any major startups for pet care. It's something incredible if you can launch a start-up on pet care business. You may consider this a great business if you are well-versed in handling pets. Again, this is a small business that requires low investment.

13. Fragrant Candles(Creative Business Idea)

Let your creativity and sense of fragrances run wild. Making candles is fairly easy. Fragrant oils are readily available. With some training and experience, you can make fragrant candles of all shapes, sizes, and colors.

Nowadays, such candles are becoming increasingly popular for meditation and relaxation purposes.

14. Cakes & Bakes

Armed with a good oven, you can open a low-investment business making cakes, muffins, cookies, and other bakery items

This small business has huge potential since consumers always look for new, better tastes at economical rates. You will, however, require excellent skills in preparing these baked delicacies.

15. Ice Cubes

Understandably, this is a complex business. Especially since ice cubes sold in the market must conform to specifications prescribed by the Food Safety and Standards Authority of India (FSSAI).

However, with proper equipment, clean water, and proper packaging, you can enter this lucrative market of selling ice cubes in bulk to restaurants and bars and retail to consumers.

You will require FSSAI certification for your ice cubes.

16. Travel Services

Offering travel and related services can see you make instant profits. Tie-up with long-distance bus services offers online reservations of rail tickets and reserve hotels at various destinations for clients.

You can also add local sightseeing and other requirements for your customers. You can either collaborate with a major travel agent or enter into deals with service providers and get commissions for every reservation you make.

17. Start an Ethnic Food Store

Should you be well acquainted with the palates of various communities of India, you can open a small ethnic food store with low investment.

All you need to do is procure products with a long shelf life from suppliers in those regions and sell them to your target communities.

18. Medical Sample Collection

This is another rapidly growing, low-investment small business idea in India. It simply means you collect blood, stool, urine, and sputum samples from patients, from their homes.

These samples are for delivery to pathological labs that will test them and issue medical reports.

The reports have to be home delivered to the customer. You will require a vehicle, equipment to store the bio-hazardous material, and skills in extracting blood samples.

You will need agreements with pathological labs before entering into this business.

19. Antique Furniture Restoration

Nobody wants to part with antique furniture. Simply because they have sentimental values attached. Restoring or repairing damaged antique furniture is one business you can look at if you have a sense of aesthetics and the required skills.

You can also hire craftsmen to do the restoration at the premises of your customer. Restoring antique furniture is very intricate, and you will require excellent workers.

20. CCTV & Surveillance

Increasingly, people are becoming security conscious. They want to protect their families and themselves against theft, rape, and other crime.

Consequently, more and more people are installing CCTV and surveillance cameras in their homes and offices. This is a low investment and high returns small business idea.

21. Party Services

People hold parties for various reasons. They are held yearly to celebrate birthdays, anniversaries, and other special occasions. With this low-investment business, you can offer various services.

These include venue decoration, conducting games, mascot appearance, and buying and packing return gifts, among others.

22. Address Verification Service

Banks, credit card issuers, and mobile phone companies often require physical verification of addresses provided by customers. They do so to prevent fraud and defaults.

This is a low-investment business that is again in demand nowadays. However, you will require a vehicle and might require manpower to visit the customer addresses provided by banks and other service providers.

23. Make Religious Items

India has a massive market for items required by followers of various faiths. These include pictures of deities, incense sticks, cotton wicks for lamps, candles, prayer beads, and other minor paraphernalia.

Making these at home or at a small premise requires low investment. There is no dearth of customers for such stuff.

24. Postal Labeling and Sorting

India Post requires all bulk mail to be labeled with addresses and sorted according to the Postal Index Number (PIN) code. Banks, companies listed on the stock market, and bulk mailers look for small businesses that can provide this service.

Especially since they do not need to employ staff for the purpose. You will require a vehicle and some manpower to enter this low-investment small business.

25. Walking Tours

For those who reside in cities and towns with several tourist attractions, walking tours are a great low-investment business.

Foreigners and domestic visitors want to get a first-hand feel of the city by walking on the streets, mingling with locals, and experiencing the sights and sounds of the place.

You will have to hire buses to take your tourists to a particular area where they will walk and visit attractions.

26. Imported Products

Indians returning home after a foreign tour tends to buy stuff they can sell locally. They do so to defray the costs of their foreign trip.

Products they sell include fragrances, cosmetics, cigarettes, liquor, chocolates, food items, and T-shirts. The craze for foreign goods in India ensures a good market for your wares.

27. Soya Products

Nowadays, an increasing number of people are going vegan. Soya products such as soya milk, tofu (soya curds), soya flour, and soya chunks provide a great alternative to meat.

Manufacturing Soya products is fairly easy, provided you have the required equipment. It is also a low-investment small business. You can get a small loan to start this micro industry.

28. Unique Ice Creams

Some years ago, people would have balked at the idea of ice cream made with tomato or capsicum. However, such unique ice creams are trending nowadays.

Unfortunately, manufacturers of such rare ice creams are few despite the huge market. If you are daring enough, enter this low-investment business of unique ice creams.

29. Used Laptops

Considered a luxury some years ago, laptops are ubiquitous now. Shopping trends indicate people sell their used laptops and buy those with the latest features and higher configurations.

Despite this, there exists a huge market for used laptops. Buying, refurbishing, and selling such used laptops is a low investment, high returns business you can consider.

30. Sign Boards

Generally, there are two types of signboards used by businesses and shops: Painted and Neon. Every small business and commercial establishment requires signboards.

The demand is for creative yet low-cost signboards that aptly advertise the business. Making and supplying signboards of all types, according to the business owner's specifications, is a business in demand throughout the year.

31. Manpower Supply

Every business requires more manpower almost on a daily basis. This is especially true with restaurants where staff attrition rates are relatively high.

Waiters and cooks leave at short notice or merely abandon work. This puts the business owner at great inconvenience.

Occasionally, households also require manpower to clean the home. With some ingenuity and low investment, you can help restaurants overcome their manpower problems and earn a handsome income almost daily.

32. Stationery Supply

Schools, colleges, and other educational institutions and businesses require bulk stationery. These include customized letterheads, business cards, envelopes, invoice books, receipt books, and others.

You can enter into this evergreen business with little investment and some contacts. You will need agreements with printing presses and a few samples to enter this profitable venture.

33. Digitizing Audio and Video

Millions of people across India possess audio and video tapes of their favorite music and movies, recordings of special occasions, and other stuff. However, audio and video cassette players are now rare.

Nowadays, DVDs and digital forms of music storage are popular. If you possess older type record players, audio and video cassette players, you can enter into this business of digitizing old recordings.

You will need to invest in equipment that allows you to copy audio and video in the older formats to the latest ones.

34. Gardening Services

Individuals and housing societies owning gardens generally cannot attend to their favorite and sometimes expensive plants, trees, and lawns.

Therefore, they look for small businesses that can perform the required task.

You will need to invest in some gardening equipment and hire manpower to enter into this small business, which is also round-the-year in demand.

35. Glamour Photography

Undoubtedly, every male and female want to appear glamorous. Glamorous pictures are used for several purposes: To apply for jobs as models, actors, actresses, cabin crew with airlines, or for matrimony.

For those with an eye for photography, taking glamorous pictures is a great business to open with a small investment.

You will have to buy a professional camera and related equipment. Taking pictures can be done at the residence of the customer or at public places. Alternatively, you can hire a studio by the hour if needed.

36. Caregiver Service

Indisposed senior citizens and people in hospitals require caregivers. Especially since their kin is busy at work or unable to attend to their needs. Caregiver services are fast gaining momentum in India.

Understandably, you will require some manpower to provide such a service. Several unemployed women and men are interested in working as caregivers for businesses that offer the service.

37. Computerized Horoscopes

Understandably, this is one of the most common low-investment businesses in India. All it requires is a computer with the required software, a printer, and fancy paper to print the horoscope.

However, in a land of superstitions, computerized horoscopes continue to remain in high demand. The reason is simple: People do not rely on results from only one computer.

They want multiple horoscopes from different sources.

38. Corporate Gifts

India has a rich culture of corporate gifting. It continues around the year. Corporate gifts include pens, wallets, mugs, and a wide range of stuff given to staff and business associates.

Usually, these items are printed with the company’s name and logo. With adequate samples and contacts, you too can open this business with low investment.

You will need a wide range of products and their samples to display to clients.

39. Packing Services

Small and medium businesses generally do not have a separate department for packing their products. They hire individuals- who can often be unreliable.

Or, they outsource the job to small businesses that can pack their stuff with care while adhering to deadlines.

To enter this business, you will require adequate packing material such as cartons, strapping machines and cutters, and manpower.

40. Homemade Chocolates

You can enter into this highly profitable small business with some chocolate-making skills and little investment. Homemade chocolates are sold by almost every major pastry shop and gift store.

They are in high demand since their taste differs from bulk manufactured varieties commonly available in the market.

Several companies order homemade chocolates to send as gifts to their business associates. Such chocolates are in great demand during festive and wedding seasons too.

41. Name Plates

A common system worldwide is to affix one’s nameplate outside a house or apartment door. Moreover, people also install large names outside buildings, villas, and bungalows.

They prefer artistically designed nameplates or simple ones. Making these nameplates is a low investment small business that anyone can easily begin.

The demand for these nameplates is round-the-year, and you can make decent profits from your venture.

42. Wedding Gowns

Earlier, wedding gowns were the mainstay of the Christian community. However, over the years, the concept of wedding gowns has become popular among people of other faiths too.

Bollywood movies have also contributed immensely to popularizing wedding gowns.

For men and women who are adept at fashion designing, making wedding gowns is an excellent, low investment and high returns small business idea.

You can also offer other fashion wear to ensure income around the year.

43. Chips and Wafers

Chips and wafers are consumed almost everywhere: cinema halls, schools, homes, bars, buses, and on trains. The list is endless. Manufacturing chips and wafers with potato, raw banana, jackfruit, tapioca, and other starchy roots is pretty easy.

The equipment required is not expensive. However, you need to ensure a proper supply of raw materials and good packaging. Generally, shops and bars order such chips and wafers in bulk.

44. Idli and Dosa Batter(Best Small Business Idea in India)

The mainstay of south Indian communities, Idli and Dosa, is now popular across India. However, not everyone can prepare the batter required for making these dishes.

It requires a proper blend of rice and cereals.

The batter must also be fermented to the right degree to ensure it gives great-tasting Idli and Dosa.

Packaged Idli and Dosa batter is fast becoming popular, with most stores stocking several packets for their customers. Setting up a batter manufacturing unit from home or a small premise is fairly inexpensive.

45. Air Conditioner Maintenance

Nowadays, air conditioners are essential for several households and most offices. Hence, there is an ever-increasing demand for small businesses that can offer excellent maintenance of these expensive appliances.

Trends nowadays indicates that people are willing to sign annual contracts for the maintenance of their air conditioners.

All you need is some essential equipment required to service air conditioners and skilled manpower who can perform the tasks. Acquiring skills in the maintenance and repair of air conditioners- especially window and split types- is fairly easy.

46. Renting Scooters and Motorcycles

Tourists, salesmen, and small business owners look to hire scooters and motorcycles while visiting a town or city.

Renting such a two-wheeler saves them precious time and offers ease of commuting. You can open a scooter and motorcycle rental business with a small investment.

You need not rush into buying a fleet of vehicles. A couple of two-wheelers will suffice to begin with. However, you will need to get proper licensing, insurance, and permits before renting out these vehicles on a short-term basis.

47. Employee Background Checks

With most places in India witnessing high labor migration, several companies now resort to employee background checks. This means they verify information provided by a jobseeker through an external agency.

Checks include verification of work experience and educational qualifications. This is a relatively simple and low-investment business to open.

You will need a database of companies that require employee background checks, computers, and landline telephones to open this small business idea.

48. Handicrafts(Creative Small Business Idea in India)

An excellent low-investment small business, anyone can start buying and selling handicrafts. Generally, handicrafts are made in rural areas.

However, glitzy showrooms charge exorbitant rates for the stuff, which they usually procure relatively cheap.

You, too, can enter this huge market by buying handicrafts from different regions near you and selling them at reasonable rates.

Once again, the handicraft market is always high because they are also given away as gifts or used for home and office décor.

49. Skin and Beauty Treatment(Small Business Idea for Men and Women)

Increasingly men are becoming beauty conscious. Opening a small business offering skin and beauty services is an excellent small investment option for men and women skilled in providing skin and beauty treatment.

You can design your therapies for glowing skin, anti-aging, and facelifts.

This business can also be opened from home, provided you have ample space and privacy for clients. Offering herbal and natural therapies will help you stay ahead of the competition.

50. Mushroom Harvesting

Mushrooms are considered a delicacy and fetch fairly high prices in the market. They are very nutritious as food.

Hence, governments of various Indian states provide subsidies and facilities to people who can harvest mushrooms. This is a great low-investment small business idea.

You will need to set up a greenhouse with a controlled temperature to get the right crop. Mushroom spores are readily available from state-run cooperatives and agricultural shops. Bulk customers for mushrooms are easy to find.

51. Mobile Phone Repair/ Accessories/ Recharge

India will have nearly 800 million smartphone users by the end of 2022. Further, this figure will grow exponentially as more brands and cheaper variants enter the market.

Consequently, the demand for outlets and persons who offer repairs of mobile phones is expected to increase manifold. You can also sell accessories and credit recharge.

52. Meal Service (Tiffin)

One of the best small business ideas for women. Nowadays, the demand for home and workplace delivery of meals has increased vastly. If you launch a start-up around this concept, you are definitely going to get successful in 2024.

You can launch your small business with low investment right from your kitchen by preparing fresh, wholesome meals and supplying them to offices and homes.

We have already covered such business ideas here . You can check the best suitable for you from the list of 160 business ideas.

Extra: Broken Glass

Strange as it may sound, a massive market exists for broken glass. Millions of glass bottles that cannot be recycled, as discarded daily in India.

Shards of broken glass are used in building compound walls of bungalows. They deter robbers from scaling the compound wall to gain access to the bungalow.

Glass shards also prevent reptiles like snakes from slithering over the compound wall. A word of caution: Dealing with broken glass can be hazardous and has to be done with extreme care.

Extra: Apiary & Honey

Here is one great small business idea with low investment, provided you have a garden or open plot of land. Setting up an apiary to breed honeybees is inexpensive.

You will also require some essential equipment to extract honey from honeycombs. Homemade honey fetches a great price.

Royal Jelly, produced for the queen bee, commands a high price in the market from individuals and medical companies.

Before Investing

Remember, having ample capital to invest in a small business of your choice is not enough. You also require the necessary skills to ensure its proper functioning.

Before entering any venture, it is advisable to know licensing procedures and other legalities.

It is better to legitimize your business since it can help you get loans and subsidies in the future. It will also protect you against any lawsuits.

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Best 75 Profitable Small Business Ideas in India for 2024

Entrepreneurs struggle to obtain funding that will allow them to successfully implement their ideas. A great business for any entrepreneur is one that does not require a lot of capital. There are numerous concepts for small businesses that require very little capital. If carried out correctly, these concepts may guarantee the success and profitability of the business. However, the majority of people are unsure of what those concepts would be or how they might fit into their overall plan. The top 75 successful small business ideas in India are listed in this post. The majority of these concepts for small businesses can be started with investing less money. For both men and women, these small business concepts are ideal.

Small Business Ideas in India – Things to Know

Everyone’s aspiration is to establish their own business. However, a lack of funds for investment or profitable business concepts prevents the majority of aspiring entrepreneurs from realizing their goals. You can start your own small business with little money if you have special skills. While some of these startup ideas in India for small businesses can be run from home, others may necessitate leasing small premises.

Keep in mind the below tips before starting your venture.

Funds: Most of the time, small businesses start out with little money. Local area associations and cooperative societies additionally offer advances. You might think about getting a loan to fund your idea for a small business.

Plans: Keep in mind that not planning is planning to fail. Therefore, before you launch your business, plan it thoroughly. Examine the market for the service or product you intend to offer.

Competitor Analysis: Learn a lot about your potential rivals and what they have to offer. Talk to people you trust and, if necessary, seek advice. Also, before you launch, build a database of potential customers.

75 Small Business Ideas in India for the Beginners

After doing your homework, you should be almost ready to start a small business from your home with little money. We recommend choosing from one of these 75 innovative, low cost startup business ideas in India:

Pollution Masks

Air pollution is a problem in all major cities. Air pollution is a serious issue in India, particularly in major cities like Delhi and Bangalore. One of the most promising new profitable and trending business ideas in India is the production of air pollution masks.

Creating Mobile Applications

India’s demand for mobile applications is unprecedented. The booming business of developing mobile apps has a lot of potential and a lot of opportunities. If you are tech-savvy, investigate the requirements of the population, and create a mobile application that meets the needs of its users.

Start a Blog

Here’s one of the fantastic and upcoming business ideas in India. If you look online, a lot of bloggers are making millions from their blogs. Starting a blog doesn’t cost much at all. You can easily start one with the help of online tutorials and start making money immediately. Once you have started a blog, hire an SEO company to optimize it.

Also Read: How to Start a Blog and Make it Successful in 2024 – A Guide for Beginners

3D Printing

In India, 3D printing is becoming increasingly popular. In fact, it is taking over from the traditional method of printing prototypes. You should seriously consider starting this business if you want to invest in the digital printing industry.

Renewable Energy

At the moment, the Indian government is encouraging businesses to venture into alternative energy ventures. The renewable energy industry presents an excellent opportunity for individuals who are interested in entering the environment-related business sector.

The jewelry industry is very popular among Indians. Additionally, most Indians view jewelry as a form of investment. As a result, India’s gold and diamond industries are highly profitable. In India, fashion jewelry and pearl jewelry are in high demand. In India, starting a jewelry-making business doesn’t require a lot of money.

Open a Preschool

The current preschool industry in India is worth more than Rs. 4000 crore, indicating its potential. Additionally, this is one of the most well-liked education-related small business concepts in India. Start a preschool business if you like spending time with kids.

Fashion Design

The Indian fashion industry has expanded dramatically. Nowadays, the majority of people in cities and towns, both urban and semi-urban, are fashion-conscious. This is not a difficult field in which to pursue a career if you possess the necessary skills or a keen interest in fashion and accessories.

Also Read: Digital Marketing For Fashion Brands

Fitness Expert

Anyone with experience in yoga and aerobics can start a fitness service company. A fitness-focused business is a recession-proof industry that can be started with little investment.

Embroidery Works

Any fashion designer in India will tell you that finding people who are skilled in embroidery and knitting is the most important part of their successful business. Assignments will come easily to you if you can learn this trade.

Beauty Parlor

Products and services at a beauty salon or parlor help customers look and feel better physically and mentally. In the retail sector, this is one of the most popular beauty business concepts. When starting this business, you need to choose the right location, hire good people, and do the right sales promotion.

Recruitment Services

The recruitment services industry is all about getting paid for providing human resources to other businesses. This business can be started by anyone who has a good connection to job seekers. For the start of this business, you only need a small amount of money. This business can also be started from home.

The majority of parents are very concerned about giving their children the best education possible. They are always looking for tutors who are dedicated and of high quality. You can start a profitable tutoring business with little or no capital investment if you enjoy teaching.

Soap Making

You can start a business making soap using simple tools you can find in your backyard. The market is very interested in homemade soaps. Additionally, the market provides easy access to the necessary raw materials.

Services for Laundry

The laundry industry is becoming more organized. There is a rising interest for clothing administrations, particularly from working individuals. This company can be started by anyone with very little money.

Join a Reputable Company

If you’re just starting out and can communicate well, joining a reputable multi-level marketing company could make you millions of dollars. All you need to do is advertise the products and invite people you know to join the successful business. In well-known multi level marketing (MLM) businesses like Amway, Avon, and Tupperware, numerous individuals are earning millions of rupees.

Smartphone Repair

Repairing smartphones is no longer just for wealthy individuals. The sales of smartphones in India have increased as a result of the price drop. As a result, the demand for smartphone repairs is steadily rising. You can start this business by getting trained at local training facilities.

Service Station for Automobiles

India’s burgeoning economy has boosted vehicle sales. As a result, there is a significant demand for auto repair shops across the majority of the country. As a result, starting a car service shop is a great small and very profitable business idea for new entrepreneurs in India.

Food Delivery

In India, the food delivery business is expanding. In the Indian market, numerous food delivery services, such as Swiggy, Uber Eats, Zomato, and Foodpanda, etc., are operating successfully. This demonstrates that the country presents a significant opportunity for a food delivery business.

A catering business can make you a lot of money if you enjoy cooking and sharing recipes with others. To be successful, however, one must be able to work under pressure and have excellent interpersonal skills.

Courier Service

In India, the courier service is a low-risk, high-return business. You can also work under the banner of well-known brands like DTDC, DHL, and BlueDart.

Mobile Food Truck

In two major ways, the mobile food truck business opportunity differs from a regular restaurant. One is that you are moving and do not have a store. Second, you are going to the customers yourself. This business can be started in the city area by someone with little to no experience in the food service industry.

Interior Designing

Consider starting your own business if you are skilled in interior design. The company can even be started from home with little capital. You can sell your unique ideas for interior designing which big corporations might not offer.

Services for Market Research

Businesses that want to get feedback from their current or potential customers must conduct market research. If you have previous experience conducting market research, you should seriously consider starting this business.

Organic Food Store

When starting a business selling organic food, the best location is the most important factor in business success, just like it is for any other retail business. Even though organic food is more expensive than non-organic food, people are more interested in eating it because they are more aware of healthy living. The retail organic food market is a new trend that is expanding fast.

Sports Coaching

Coaching is very popular in India for sports like cricket, football, badminton, tennis, and others. Try this business if you enjoy sports and have experience in a particular sport.

It can be a good source of income as well as help you in being fit.

Art Supplies Store

Owning an art supplies store can be a lucrative retail venture for anyone who is interested in art and is knowledgeable about the tools artists need. A small retail location with a flair that stocks popular art supplies essentials is a good way to start an art supplies store.

Diabetic Clinic

Diabetes is becoming more and more common in India. Starting a diabetic clinic will undoubtedly yield significant profits if you have a suitable retail space. You can easily expand this business after a period of time.

Online Trading

As a means of earning money through a business online, you can try trading online. There are various types of trading, you can choose the one that suits you the best. To succeed, you need to be an expert in this field. Once you have gained experience, you can coach others, which can also become a way of income.

Translation Service

India is quickly emerging as one of the world’s major economies. For one reason or another, visitors to India come from all over the world. As a result, there is an increasing demand for translators. Start a translation company and make a lot of money if you’re good with communication skills.

• Social Media Marketing

Nowadays, the majority of well-known Indian businesses and individuals take their social media profiles very seriously. Social media plays a crucial role in establishing relationships with others. It is necessary to regularly maintain and manage their social media profiles. As a result, they anticipate social media marketers who are able to maintain their profiles. You can start this business and potentially make a lot of money if you have the skills or are willing to learn social media marketing.

Virtual Assistant

One of the top ten technological breakthroughs is virtual assistance. Starting a business as a virtual assistant is simple. A good, professional website, a phone line, and a laptop are really all you need.

Agarbatti Making

In India, making agarbattis is a very profitable business. Due to its ease of sourcing raw materials, Karnataka leads the manufacturing of agarbatti, or incense sticks. You can begin this business from home with a basic hand-worked machine.

New entrepreneurs in India can make a lot of money in the bakery industry. Additionally, this company provides numerous expansion opportunities. It can be developed as a business chain across India in the future.

Candle Making

Candle making is an industry that has the potential to make money in India. Candles are no longer just used to light homes during power outages or for religious celebrations. Candles are now also used to decorate showrooms, events, and other interior spaces.

Manufacturing Detergent Powder

There is a strong demand in India’s semi-urban and rural areas for inexpensive detergent powder. In the Indian market, getting customers won’t be a problem if you can offer detergent powder of high quality at a fair price.

Manufacturing of Disposable Paper Plates

Disposable paper plates are currently in high demand. The primary reason is that it is simple to serve foodstuffs at family gatherings, such as fruits, sweets, and conversation and snacks.

Exercise Book Manufacturing

Anyone can start a business making exercise books at lower capitals. You could also provide cover design services at your unit. Setting up an exercise book manufacturing unit can be a good option if you want to start a low-cost manufacturing business from home or on a smaller scale.

Chocolate Making

Starting a chocolate or candy making business is a natural next step after turning your passion and expertise into a successful home-based business. Candies made at home are very popular and easy to make.

Leather Bag Making

You can begin making leather bags at home with a few basic hand tools and equipment. Customers continue to purchase leather bags throughout the year. You can produce quality leather bags of all sizes and design and offer them at a reasonable price.

Driving School

Before taking the test to get a driving license, most people prefer to get professional car driving training. Opening a driving school might be something to think about if you want to start a car-related business with little money.

Business Consulting

The scope of offering consulting services to small businesses has expanded dramatically in recent years. You could start a home-based business consultancy if you have experience and expertise in a particular area.

Manufacturing Toothpaste

Toothpaste is a necessity of daily life and an inflation-free industry. In India’s small towns and villages, there is a significant demand for affordable toothpaste. If you can meet the needs of customers, especially in suburban areas, small-scale toothpaste manufacturing has a good chance of profit.

Clothing Store

Despite the fierce competition in the retail clothing industry, there is still a lot of room for growth. In India, a clothing store can make a lot of money if you have a good retail space in a good place.

Dropshipping Business

If you’re a young tech enthusiast, you can now take the dropshipping business more seriously. One of the most promising and lucrative business opportunities in this region is undoubtedly now one of the growing numbers of Indian consumers purchasing goods online.

Educational Apps

If you are a teacher or enjoy teaching, you might want to think about creating educational apps. Startups like Byju’s learning app, which started small but has grown into a major online learning company in India, can serve as models.

Earn Money on Facebook

If you have a strong Facebook friend network, there are numerous ways to earn money on Facebook. Together with Google, Facebook currently has the most users on the internet. Facebook is a profitable platform as well. Take a look at our post about different ways to make money using Facebook.

Errand Services

In India, people are increasingly looking for services that can help them with things like buying groceries, paying bills, filling prescriptions, and so on. If you want more customers, you can target elderly people and couples with two incomes.

Computer Maintenance

Even though there are plenty of people who can take care of computers, most computer owners are looking for trustworthy people to work with. There will never be a shortage of customers if you believe you can provide honest service.

Diet Planning

You can start this business in India if you are a dietician or nutritionist. You can provide the service from home or online. You can work as a freelancer even if you work full-time.

You can create a YouTube channel and share your knowledge and with time you can earn a lot of subscribers and money.

Personality Development Coaching

Personality development classes can be started. You can teach a variety of skills in this class, including stage daring, public speaking, and communication skills. In the market, these classes are highly sought after. This class can also be beneficial to people who work in marketing and business. Before you can start this business, you need to work on improving your personality. You will need to thoroughly research this subject. This business can be started without any investment at all.

Cooking Class

You can start taking cooking classes if you are good at cooking. You can teach cooking in general or specific recipes or foods, among other things, or you can start your own cooking class. You absolutely have the ability to start this business if you enjoy cooking and are skilled in the kitchen. This business can be started from home with little investment.

Tailoring Service

Many people prefer to wear clothing that is tailored to them rather than ready-made garments. A tailor makes the blouses that women wear. The tailor is also responsible for making dresses for men. Additionally, you can become a specialized tailor. You can provide a variety of services, including clothing fitting, buttoning, and chain fixing. You can start this business in India if you are skilled at tailoring.

Motivational Speaker

You can become a motivational speaker if you have good communication skills. You can find a plethora of motivational speakers on YouTube. You can begin this business by starting your own YouTube channel if you want to. You can make videos for motivational speeches on YouTube. You can make money from YouTube as well as from various events if you become well-known on YouTube and receive numerous invitations to give motivational speeches.

Women can start this small business from home or a small location. Opening a babysitting and child care business requires very little capital. Only a few toys, cribs, and mattresses are required. Include a first aid kit, a few packets of disposable diapers, and antiseptic lotions. Due to the rise in the number of working couples, childcare and babysitting services are in high demand today.

Mobile Repair Service

Everyone has witnessed the breakdown of motorbikes, scooters, and automobiles in the middle of busy roads. The unfortunate owners of these vehicles frequently face a dilemma regarding where to get repairs. You can provide a mobile garage in case of such an eventuality. You will need a car or bike, a mobile phone, and all of the tools necessary to fix a stuck car for this low-risk business.

You can start this small business idea from your home with little capital. You will need to acquire a few aquariums of various sizes and varieties of popular pet fish for this trade.

Additionally, you will make more money by selling aquarium accessories like air pumps, fish food, and other accessories. Gifts of aquariums are also popular. But you need to know how to handle different kinds of fish.

Garden Equipments

Again, this is an excellent low-cost small business concept. Numerous individuals now maintain small plants and shrubs in their offices and apartments due to an increased awareness of the environment. You can also sell fertilizer packets, seeds, and other garden supplies in packets.

Jams and Pickles

The demand for healthier, non-commercial jams, pickles, sauces, and ketchup is rising as people become more health-conscious. In addition, consumers today are wary of eating anything that contains chemicals. In this scenario, traditional chemical-free recipes can be used to make ketchup, pickles, sauces, and jams.

People adore their pets but they are unable to bring their pets with them when they travel for business or pleasure. As a result, pet care services are sought after by individuals. If you are able to establish a pet care business from the ground up, it would be incredible. If you know how to handle animals, this might be a good business for you.

Ice Cube Making

It’s easy to see that this is a complicated industry. Especially considering that the Food Safety and Standards Authority of India (FSSAI) requires ice cubes that are sold on the market to meet certain requirements. You can, however, enter this lucrative market of selling ice cubes in bulk to restaurants, bars, and retail customers with the appropriate equipment, clean water, and packaging.

Travel Booking Services

You can quickly make money by providing booking services for travel and other related services. Customers can make online reservations for rail tickets and hotels at a variety of locations by partnering with long-distance bus services. You can work with a major travel agent or make arrangements with service providers to get paid for each reservation you make.

Traditional Food

You can open a small traditional food store for little money if you know what the different Indian communities like to eat. The only thing left for you to do is sell long-lasting goods from suppliers in those areas to the people you want to reach.

Medical Sample Collection

It simply means that you take samples of blood, sputum, urine, and stool from patients at their homes. These samples will be delivered to pathological laboratories, where they will be examined and medical reports issued. The customer must receive the reports at home. You will need a vehicle, storage equipment for the biohazardous materials, and expertise in blood sample extraction. Before starting this business, you will need agreements with pathological laboratories.

Antique Furniture

People are reluctant to part with old furniture. simply because they are associated with sentimental values. If you have the skills and an eye for aesthetics, one possibility is to restore or repair antique furniture that has been damaged. You can also hire craftspeople to restore your customer’s property. Antique furniture restoration is a complicated process that calls for skilled labor.

Surveillance Services

People are becoming more concerned about their safety. They want to defend themselves and their families from robbery and other forms of criminal activity. As a direct consequence of this, an increasing number of people are installing CCTV and surveillance cameras in their offices and homes. This is a good idea for a small business that will pay you back a lot of money.

Party Services

Parties are held for a variety of reasons. They are held once a year to mark birthdays, anniversaries, and other significant dates. You can provide a variety of services with this low-cost business. These include, among other things, decorating the venue, hosting games, bringing in a mascot, buying and packing return gifts, and so on.

Address Verification

Customers’ addresses are frequently subject to physical verification by credit card companies, banks, and mobile phone providers. They do this to avoid defaults and fraud. In order to visit the customer addresses provided by banks and other service providers, you will need a vehicle and staff.

Postal Labeling

All bulk mail from India Post must be labeled with addresses and sorted by the Postal Index Number (PIN) code. Small businesses that are able to provide this service are sought after by companies that are listed on the stock market, banks, and bulk mailers. To enter this low-cost small business, you will need a car or bike and some employees.

Tours are a great low-risk business for residents of cities and towns with numerous tourist attractions. Walking the streets, interacting with locals, and taking in the sights and sounds of the city is a popular activity for both domestic and international tourists. To get your visitors to a specific area where they will visit attractions, you will need to hire buses.

Imported Goods

When Indians return from a foreign tour, they typically purchase items that can be sold locally. They sell perfumes, cosmetics, cigarettes, liquor, chocolates, food items, T-shirts, and food items. Your products will have a good market thanks to India’s obsession with foreign goods.

Used Laptops

Laptops, which were once regarded as a luxury, are now commonplace. According to current trends in the retail industry, consumers tend to trade in their used laptops for more modern models with more advanced features. Even so, there is a significant market for used laptops. A low-risk, high-return business to consider is buying, restoring, and selling such used laptops.

Manpower Service

Every business almost always requires more workers. This is especially true for establishments like restaurants, where staff turnover is relatively less. Cooks and waiters frequently resign or simply quit their jobs. You can help businesses overcome their manpower issues and earn a handsome income almost every day with some ingenuity and a low investment.

Audio and Video Digitalisation

In India, millions of people have audio and video tapes of their favorite movies and music, as well as recordings of special events. However, cassette players for audio and video are now uncommon. You can start a business digitizing old recordings if you have audio and video cassette players, record players, and other older equipment. You will need to spend money on equipment that can copy audio and video from older formats to newer formats.

Corporate Gifts

Corporate gifting is ingrained in India’s culture. It continues year-round. Pens, wallets, mugs, and a wide variety of other items can be given as corporate gifts to employees and business associates. Typically, the name and logo of the business are printed on these items. You can start this business for little money if you have enough samples and contacts. For customers to see, you’ll need a wide range of products and their samples.

To Conclude

Keep in mind that just having enough money to put into a small business of your choice is not enough. In addition, you need the skills to make sure it works right. It is advisable to be familiar with licensing procedures and other legalities prior to entering any venture.

Since it can assist you in obtaining future loans and subsidies, it is preferable to establish your company’s legitimacy. Additionally, it will shield you from legal action. Starting with a small business and gradually expanding it is the most effective strategy. You can start your business with a small budget to reduce the risk. No business is big or small. How you start and grow your business is entirely up to you.

How much money is needed to start a small business?

It solely depends upon the type of business you choose. You can start a small scale business with as little as 5000 INR.

What are the small businesses that can be started from home?

Child care, diet planning, cooking class, and agarbatti and candle making are some of the businesses that can be done from home.

Which business is needed more in India right now?

Pet care is one of the in-demand businesses. People want to leave their pets in good care but there are many options available, even in major cities.

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64 Best Small Business Ideas To Start in 2024

Looking to launch a new business in 2024? Discover the best small business ideas for your niche, budget and skill set to jumpstart your entrepreneurial journey.

Thinking about starting a business this year? Whether you're diving into full-time entrepreneurship or planning a side hustle , this list of more than 60 small business ideas is for you.

Each idea below is selected for its practicality, flexibility, and proven potential for success.

Whether you start a clothing line, pet service, or wellness brand, put your spin on one of these businesses to unlock financial growth in 2024.

Qualities of a good small business idea

Your small business idea should fit your budget, skills, and schedule. It should also meet a market need and have the potential to generate sustainable, long-term profit.

Here's a closer look at what makes a strong small business idea:

Market demand

Good small business ideas solve clear problems for specific groups of people. Before moving forward with an idea, research your target market , customer needs, and competitors' solutions. Study your industry's market trends , customer surveys, and sales data to see what consumers and businesses are doing.

Competitive advantage

How you meet market demand also matters. Competitive businesses often have original approaches that set them apart. This could be a new product, a unique selling proposition , or a competitive pricing strategy. Analyze your competitors to understand their strengths and weaknesses, and develop a business plan that capitalizes on any gaps.

Scalability

Scalability is about the potential for growth and expansion. Can your business idea grow without hitting geographical, financial, or market limits? Many scalable businesses leverage ecommerce platforms to reach global audiences without a physical investment.

Low barrier to entry

Businesses are easier to start when they have lower initial costs, fewer regulatory requirements, less need for specialized training, and minimal technology needs. For example, business ideas like creating freelance content or opening a dropshipping store require minimal setup and no upfront capital.

Profitability

Ultimately, a small business idea needs to make money . Try to estimate potential profits and build a financial model based on predicted sales and operational costs.

Sustainability

Will your small business be part of a growing industry or a trend that's already peaked? Will your operations align with environmental , social, and regulatory expectations? Sustainable businesses not only benefit from increased consumer trust but also set themselves up for long-term success.

Best small business ideas

By using your existing skills and some readymade online tools, it's easier than you might think to launch a small business. Here are some small business ideas that you can start today.

1. T-shirt designer

Websites and apps that offer print-on-demand services are perfect for small businesses. With them, you can sell custom products like t-shirts without worrying about manufacturing, shipping, or pre-paying for inventory.

Print on demand is the process of choosing products from a catalog and customizing them with your designs. A print-on-demand company will produce and ship your t-shirts as orders come in. This allows you to create and sell original shirts and other items with branding and unique visuals.

T-shirts, hats, hoodies, tote bags, and more become canvases for your creativity. Create shirts with witty slogans for developers or cute graphics for cat owners. If there’s passion and pride within a community, a potential print-on-demand t-shirt business is waiting to be started.

If you’re not a designer, hire one from freelancer sites like Fiverr , Upwork , Dribbble , or 99Designs . You can even use t-shirt mockup templates , so you won’t need to spend money on a photoshoot to model your designs.

2. Digital freelancer

A freelance service business is another simple form of self-employment. When you offer a service, “time” is your inventory and your biggest investment. That makes it easy to get up and running if you have in-demand skills and a few spare hours each week.

Writers, graphic designers, virtual assistants, SEO practitioners, developers, and others can build a business around their skills. You could offer your expertise as an ongoing service or start a consulting business that advises on projects.

Once you’ve found your first customers, try apps like BookThatApp or Acerill Appointment Booking for easy booking and appointment management.

You can also offer your services through a freelance marketplace like Upwork to increase your chances of being discovered by people who need your skills.

3. Affiliate marketer

Affiliate marketing refers to a performance-based marketing tactic where a business pays people to promote products for them. Every time an affiliate brings in a new customer, they receive a commission from the business.

Affiliates can promote products on their blogs, social media accounts, websites, or in communities. For many, affiliate marketing is a low-cost way to earn passive income .

To join an affiliate program, do the following:

• Find an affiliate program on sites like ShareASale , CJ , or LinkShare
• Choose offers you want to promote
• Get an affiliate link
• Promote that link across your assets
• Get a commission every time someone signs up or makes a purchase through your link

Commission rates vary, depending on the company and the retail price of products. You could earn as low as 5% for each sale, while some commissions can be as high as 50% if you’re promoting a class or event. Some affiliate programs also offer a flat rate versus a percentage.

4. House or pet sitter

House and pet sitting are good business ideas to start if you feel comfortable caring for and staying in a stranger’s home, potentially with their pets.

You can create an online store to market and sell your services, or register for an account on dedicated home and pet care apps. Here are some examples:

• HouseSitter.com : This website is for both house and pet sitting. You can create a profile and apply to postings. People who need house/pet sitting can also browse sitters and reach out to them.
• Rover : Rover is a website and app specifically for pet sitting. On it, you can create a profile and apply to gigs. These arrangements include drop-in visits but not overnight visits (or house sitting).
• Care.com : Care.com is a listing site where pet sitters can create a profile and list their experience. You can also apply to jobs posted by people seeking pet sitters. Care.com is a good site to use if you offer senior care, tutoring, housekeeping, and child care services.
• TrustedHousesitters : TrustedHousesitters is a great place to start if you need experience or testimonials. The platform specifically prohibits paid gigs, so these arrangements are viewed more as an exchange—you get a free place to stay, and they get free sitting.

Consider that some pet sitters offer on-site services while others care for pets in their own homes. You can even add a dog-walking element to appeal to a wider range of people.

Tutoring school kids or adults who want to learn a new skill can bring in extra income around your regular working hours. You might be great at math, playing the drums, or speaking French, so why not teach others?

Promote your tutoring services on local Facebook groups and in nearby schools to get the word out and build up your client base. If you're planning to create courses for your students, start by watching this guide to making online courses .

6. Personal assistant

Becoming a personal assistant requires little upfront expenditure and means you can work with a range of businesses. You’ll essentially be helping business owners take care of admin tasks, like booking appointments, responding to emails, and taking notes in meetings.

Start by networking with business owners on LinkedIn to build relationships and market your services. Creative effective Linkedin marketing strategies with these tips .

7. Dog walker

Dog walking is a fun and rewarding job (and you get a bit of exercise at the same time). Build a dog walking business by checking your local state laws to see what licensing and insurance you’ll need, then set up a website to advertise your dog walking services. If you don’t want to manage the administrative aspects, sign up with a company like Rover, a directory that owners can use to connect with potential dog walkers.

8. Airbnb host

You don’t need a fancy second home to become an Airbnb host—in fact, the accommodation platform originally started as a way for homeowners to temporarily rent out their spare room for extra cash. If you have the extra space in your house, you can create an account with Airbnb and rent it out at weekends, for overnight stays, or whenever suits you.

Like the idea of running a rental business? Here are some other rental business ideas to consider .

Are you always called on to bake cakes and sweet treats for your friends and family? If the answer is yes, you can sell baked goods to locals in your community. In addition to baking cakes for birthdays and events, your bakery business plan could also include creating batches of baked goods to sell in local coffee shops and cafés, or distribute more broadly through an online store .

10. House cleaner

If you’re a stickler for cleanliness, starting a cleaning business can be a fulfilling way to make money. Create a batch of flyers to stick through doors in your neighborhood and advertise your services on local Facebook groups. If you do a good job, chances are word of mouth will help you organically pick up customers.

11. Car washer

Car washing has long been a source of fundraising for high schoolers, but it can also work as a business for adults too. If you’ve got space outside your house or a nearby yard, you can offer car washing and valeting services to locals. Alternatively, you can go door-to-door to hand out flyers and wash cars on the road while you build up your business.

Best businesses to start with little money

Short on cash and want to start a small business? Check out these cost-effective businesses you can start today.

12. Dropshipping store owner

Dropshipping is a fulfillment model where a third-party supplier stores and ships inventory to customers on your behalf. It’s one of the best businesses to start, because it’s low overhead, hands-off, and scalable.

💡 With Shopify, it’s easy to start a dropshipping business . Sell popular products without the hassle of managing inventory, packaging, or shipping. Orders are sent directly from your wholesaler to your customers, so you can work on what you do best—reaching your customers.

You don’t need to handle any products yourself—you just need to make the sales and pass orders on to your supplier. In fact, it’s one of the quickest and cheapest businesses to start.

You can curate products from one or more suppliers into your own online store under a theme that focuses on a specific dropshipping niche , like gear for yoga enthusiasts or water bowls for dogs. When a customer buys a product from you, the order is sent to your supplier, who fulfills it on your behalf. However, you are still responsible for marketing and customer service.

Dropshipping is a great way to sell trending products and launch a business before you invest in your own original products.

13. Influencer

In today’s connected world, the ability to capture and keep the attention of others is an asset. It’s one many businesses are willing to pay for and one many creators are able to convert into a business with multiple revenue streams.

Whether you choose to grow your following on YouTube , Instagram, TikTok , or a blog (or, ideally, on a combination of different channels), you have many avenues for monetizing your audience:

• Sponsored posts on behalf of brands
• Becoming an influencer
• Selling physical or digital products (via any of the ideas on this list)
• A combination of the above (they’re not mutually exclusive)

Taking an audience-first approach to your small business idea means you’re playing the long game (it might be months until you’ve figured it out). But you don’t need millions of followers to do it: Instagrammer Kat Gaskin, for example, pulled off a $10,000 product launch with only 3,000 followers.

14. Child care provider

The rise in demand for child care services with a decreasing supply is a perfect combination for starting a new business. If you enjoy taking care of kids and can get the proper licenses, a new child care business could be a good business idea for you.

Daycares are a particularly good business idea for parents looking to make money from home.

15. Handy-person

Everyone has a go-to maintenance specialist in their family. You know, the person who’s always doom chores around the house: a plumbing issue, installing tile, cleaning out gutters, putting up a fence. They’re always the person friends and family call on for odd jobs. If this is you, why not get paid for your work?

The home repair and improvement industry sits at around $540 billion in market value. Whether it’s fixing a boiler or building a patio deck, if you’re someone who likes to fix things, this could be a lucrative business for you.

16. Life coach

Life coaches help people navigate career changes and build wellness lifestyles they love . If you’re good at helping people make decisions, are a great communicator, and enjoy guiding people toward their dream lives, this could be a good business idea for you. You’ll need a qualification to get started, but otherwise, you can start picking clients up on social media, via local advertising, and, eventually, through word-of-mouth marketing.

17. Consultant

If you’re a specialist in a certain area or have deep knowledge of a particular subject, you can monetize that by opening a consultancy. For example, you might decide to offer consultancy services to companies looking to improve their hiring practices or, if you’re skilled at search engine optimization , you might open a business offering your knowledge as a service.

18. Newsletter author

Newsletters offer a direct line of communication to a prebuilt audience. If you’ve got an online presence and knowledge to share, consider starting a newsletter business. There’s little you need to get started—just an email marketing provider and a way to generate subscribers—then you can make money selling sponsorships, products, or services directly through your newsletter. Alternatively, when the numbers are high enough, you can charge subscribers to receive your newsletter in a subscription-style model.

19. Bike mechanic

Love fixing bikes? Start a business repairing and building bikes for your local neighborhood. Advertise your services in local Facebook groups, draw up some flyers to stick around local shops, and create a simple website to get the word out.

At-home business ideas

You can also start your own business at home, giving you complete flexibility and freedom. Whether you’re interested in writing a book, creating digital courses, or managing social media for brands, there are numerous opportunities for home-based businesses.

20. Self-published author

Cookbooks, picture books, comic books, poetry books, photo books, coffee table books, and novels—if you’ve got the knowledge or creativity, there are a variety of original books you can bring to the market. The options are endless—that’s why it’s one of the best small business ideas to start.

Print on demand book services are a safe way to test the waters and get started with self-publishing . It also gives you control over the quality and look of your book.

Lulu xPress and Blurb are popular platforms to create, order, and distribute your own books as physical and digital products. You could also sell it on third-party marketplaces like Amazon .

While you can order one book at a time, costs naturally go down when you buy in bulk. Consider preselling or crowdfunding your book idea to ensure there’s demand, and guarantee a certain number of sales so you can feel confident making a bulk order. Publishing your own book can be a great way to monetize a blog if you have or are looking to start one.

21. Digital creator

Digital products like music , courses, podcasts , and templates are unique on this list of low-investment small business ideas. Unlike the others, they’re not tangible. There aren’t recurring manufacturing or shipping costs to worry about, so your margins can remain high, making it another no-brainer for being one of the best businesses to start.

The trick is figuring out what makes for a good digital product, and how much people are willing to pay for it.

Some good digital products include original instrumental beats, stock photos that can be licensed to other creators, and information products and templates that help people level up their skill sets in a particular field.

If you’ve got a talent that can be turned into a digital product, think about packaging it into a new stream of income.

Shopify's has a free Digital Downloads app that lets you offer digital products in your store as easily as physical products.

22. App developer

Creating a million-dollar app business is not easy. In fact, 99.5% of consumer apps fail . Most apps don’t have product-market fit, need a ton of marketing, and are costly to create.

So, why include this business idea? Because consumer app development isn’t the only path for entrepreneurs. New B2B apps for the Shopify App Store crop up daily, with a market of motivated businesses eager to find the tools they need. By offering a simple solution to a common problem encountered by website designers or store owners, you can generate a healthy profit.

23. Coffee seller

Selling coffee can be profitable with a strong brand and the right marketing plan. Sure, coffee has a lot of competition. But that shouldn’t scare you away from this multi-billion-dollar industry . Selling a high-commodity product like coffee has many benefits:

• There is a high volume of customers.
• Customers typically associate small brands as having a higher quality than corporate brands.
• There are many positioning opportunities.

Because coffee is so widely available, it’s easier to sell. People already want coffee—you only need to make them want your coffee.

24. Social media management consultant

In 2024, there are more than 5 billion active social media users around the world. That’s over 60% of the world’s population. Between YouTube , Instagram , Facebook Messenger , TikTok , and all the other social networks available⁠—brands need help managing their accounts.

A social media manager is responsible for creating and analyzing content for brands’ social accounts . Clients will pay you to create engaging content, write attractive bios, respond to comments, run ads, and more. You could charge by the hour or by project rate.

25. Résumé writer

Resumes are crucial to landing a new job, so if you’ve had good responses from previous employers, consider helping job seekers optimize theirs. You can offer two different services:

• Writing résumés and cover letters from scratch
• Improving and optimizing existing résumés

It’s often much more difficult for us to write our own résumés than it is for an objective third party. Use this to your advantage and sell résumé writing services on your website or social media, or via local recruitment centers.

26. Translator

Are you fluent in another language? If the answer is yes, you have a great in-demand skill under your belt. Translators can do everything from translating website copy from one language to another to translating in-person conversations. Consider specializing in a specific form of translation, such as translating medical journals or finance publications. Then, create a website to advertise your services or create flyers to drop through doors.

27. Travel planner

If you’re always the person who gets asked to plan upcoming trips, there might be a career for you in travel planning. While people are using travel agents less and less, there’s still a market for bespoke, luxury travel planning. Set up a website and start advertising your services on social media to generate interest.

28. Virtual assistant

Similarly to personal assistants, virtual assistants help business owners manage tasks they don’t have time for. The only difference is virtual assistants don’t have to be in the same city (or even the same country) as the businesses they work for. Virtual assistant services vary wildly and can include social media work, graphic design, general admin, and sales.

29. Developer

The growing digital landscape calls for more coders (also known as developers). These are the people who build websites from the back end, turn designs into fully functional sites, and build apps from scratch. There are online courses you can take that arm you with the basics, but the best way to improve your coding skills is to practice. Build a website to showcase your skills, reach out to brands you’d like to work with, and create a portfolio of websites and apps.

Start accepting payments fast with Shopify Payments

Skip lengthy third-party activations and go from setup to selling in one click. Shopify Payments comes with your Shopify plan, all you need to do is turn it on.

30. Data entry clerk

Every business uses data, which means data entry clerks play an important role in collecting, storing, and managing vast quantities of information. If you love a spreadsheet or are well-versed in setting up systems and processes, this could be the business for you. Start by reaching out to local businesses to offer your services and promote your business on social media to reach a wider range of potential clients.

31. Content creator

There are more than 200 million content creators —a positive sign the creator economy is a blossoming industry to get involved in. Content creators are people who post videos, stories, and content on social media to build an audience and make money. This can be done via brand partnerships, product promotions, selling products, or advertising revenue. If you already create content and enjoy sharing stories on social media, it may be a no-brainer to become a content creator.

32. Digital designer

Digital products include templates, journals, checklists, guides, and designs people can download and use from the comfort of their homes. It’s easy to experiment with a variety of different product types to see what sells—simply use a design tool like Canva to design your downloads , and create a website or use a marketplace like Etsy to sell them on.

33. Bookkeeper

Good with numbers? Why not start a bookkeeping business? You’ll be in charge of monitoring and recording small business accounts each month to make sure your clients are on top of their finances. You might need a relevant degree or certification before you get started, but once your business is set up you can work with clients from the comfort of your own home.

Unique small business ideas

Small business owners can also be innovative and make an impact on people’s lives. Want to change the game in a particular market? Check out the ideas below.

34. Nonprofit founder

Starting a nonprofit organization isn’t the only path you can take to help fund a better world.

Having a mission to go along with a business and setting aside some profit for a cause gives social entrepreneurs a unique way to position their company in the market while addressing the issues they care about most.

While many social enterprises offer their own original products, you can also take any of the low-cost small business ideas above and partner with a nonprofit or execute that social good with your own hands, as long as you’re transparent about how it works.

The Give & Grow Donations Shopify app makes it easy to partner with charitable organizations and incorporate your mission into your business. You can set it up to donate a specific amount or a percentage of sales or ask your customers to add a donation at checkout.

35. Pet business owner

The pet industry is an industry that’s worth more than $300 billion and ripe with opportunities. Your pet business could be product- or service-based—selling accessories, food, or toys, or offering grooming, walking, or training expertise.

Perkie Prints makes personalized printed pet products—everything from apparel to framed prints, plus fun projects in between. On the service side of things, Let the Dog Out offers dog walking and “bathroom breaks” to its customers.

36. Membership program founder

Online memberships are ideal for entrepreneurs with an established active and engaged community . They work much like a subscription-based business—customers make recurring payments in exchange for a virtual product or service.

Memberships are great for managing members-only access to content on a website, and even for physical businesses that offer guided sessions online. Yoga studios, gyms, clubs, and art schools are a few examples of businesses that can take advantage of this business model.

It’s easy to start your membership-based business with Shopify. Set up a new product just like you would for a physical product, but create a name and description that tells people about your membership services.

37. Virtual event planner

Virtual event planning is a profitable business idea if you enjoy organizing and connecting people. The significant rise in business events and the adoption of virtual tools for conducting meetings will keep this market growth high. As a virtual event planner, you’ll be responsible for creating virtual conferences, networking opportunities, and educational sessions for companies around the world.

38. Landscape gardener

Got a love for nature and outdoor design? A landscaping business is a great option for you. Landscaping, also referred to as lawn care, means modifying and maintaining the visible features of an area of land. You’re responsible for creating beauty out of natural, living elements like flowers, grass, and trees.

There’s growing interest in landscape maintenance among younger households, with seasonal demand making landscaping a potential summer business idea . Competition in the market is moderate. You’ll face a few leading landscaping companies, like TruGreen, as well as smaller local service providers.

39. Vending machine owner

Here’s a unique business idea : vending machines. Yes, there’s money to be made with vending machines. Though the industry took a hit during the COVID-19 pandemic, projections indicate vending machines will bounce back.

Offer the right products at the right location to make your vending business a success. Do your research to find high-traffic areas, who is walking by, and what they might need at that moment. Consider the various airport vending machines. You’ll find the expected vending machines with snacks and drinks, but there are also machines with makeup and accessories, like phone chargers and headphones. With a strategic approach, vending machines can be a profitable business with a small investment, and an overall great business idea.

40. Online dating consultant

Consider yourself a bit of a matchmaker? Become an online dating consultant and help singles find love. Besides helping people set up online dating profiles, you can source potential matches, and offer coaching through the initial first dates. Try it out on some willing friends first and use these success stories to promote your services to other singles.

41. Personal trainer

If you enjoy going to the gym and staying active, consider starting a personal training business. You’ll need a qualification to get started, but once that’s in place you can build up a roster of clients who regularly come to work out with you.

Take it a step further and offer personalized training plans, nutrition advice, and exercise mentoring to make additional income. You can advertise your business on local Facebook groups, create flyers to stick around the neighborhood, or create a website to attract remote clients that you can train with via video call.

42. Personal chef

If you love to cook and often find yourself hosting delicious dinner parties for friends and family, a personal chef business might be for you. Start small by cooking meals for your neighbors’ dinner parties and expand to include downloadable menus and personalized multicourse meal plans. It can help to specialize in a specific cuisine or style of cooking to build up your name, such as vegetarian meals or Japanese dishes.

43. Meal prep specialist

Meal prepping is all the rage as people’s lives get busier—just take a look at the success of meal subscription boxes like Hello Fresh and Blue Apron.

Tackle this pain point by offering a meal prep service where you batch-cook food for the week and deliver it to your clients. You can even enhance segments of your meal prep by offering related food, like a line of condiments. Promote your business locally and hand deliver meals or advertise online to a wider audience and send meal boxes by post.

If you’ve got a truck and enjoy physical labor, consider opening a moving company. Make sure you’ve got the correct permits and insurance to start and then build up a name for yourself by sending out flyers, advertising on local Facebook groups, and encouraging word-of-mouth referrals.

45. Voiceover artist

Got a voice smoother than Morgan Freeman’s? Become a voiceover artist who narrates television adverts and online videos. The sheer popularity of video today means there’s plenty of work to go around. Set up a website to advertise your services and sign up for voiceover directories to connect with potential clients.

46. Tour guide

Becoming a tour guide can be a fun way to show people around your city, especially if you enjoy and are knowledgeable about the local history. Consider differentiating your business from other tour guides by focusing on a specific activity, like food, music, or culture. Advertise your services online and create flyers to distribute in well-known tourist spots.

47. Masterclass host

While tutoring often takes place in person, you can also share your subject expertise to groups of people online by teaching online masterclasses. Decide what skill or activity you’ll teach and advertise your services online or through local Facebook groups. As well as teaching subjects like accounting or dance, you can also teach workshops on topics like cooking and wine tasting.

48. Professional organizer

If you’re known as the “organized one” in your group, consider starting a business as a professional organizer who helps people declutter and restore order in their homes. It can be really difficult for people to juggle day jobs and organize their homes to a high standard, so you might find yourself in high demand. This job is obviously geared more toward a local client base, so rely on local Facebook groups, handing out flyers, and word-of-mouth referrals; you can also increase your revenue with organizational videos and paid downloadables.

49. Personal shopper

Personal shoppers help their clients find the right clothes, furniture, or jewelry. If you’ve got a good eye for fashion or interior design, this can be a rewarding way to make money. Start by choosing what kind of personal shopper you’d like to be and then advertise your services locally via Facebook or flyers to spread the word.

Creative small business ideas

Start an exciting business that explores your creativity and self-expression with the following ideas.

50. Poster and card illustrator

If you’ve already got an engaged online following—say you’re a cartoonist or an urban photographer—you’re in an especially good position to sell your art online .

Depending on the printer you work with, you can turn your work into products such as posters, framed wall art, or even greeting cards. There are plenty of low-cost digital templates and mockup generators like Placeit that you can use to showcase your products without having to print out each item and conduct your own photoshoots.

51. Online boutique owner

If you love fashion and sharing your sense of style, you can consider creating your own online fashion boutique. You don’t need to become a fashion designer—you can curate items from other vendors into your own online store (using the dropshipping model we discussed earlier).

Dresses, shoes, swimwear, accessories, and more—you can build your own fashion brand using one of several product-sourcing apps , model them on your own with product photos and social media posts, and build an online following as a trendsetter . Apps like MyOnlineFashionStore let you import various styles into your Shopify store.

52. Crafts-person

If you’re a maker—whether that’s DIY soap, candles, sauces, or pottery—you’re in a position to find a small business idea, because product development and procurement are literally in your hands.

Unlike many of the other ideas on this list, you will need to consider shipping and inventory management , but you can start out simple on a per-order basis or with a small batch until you start generating consistent sales.

In fact, many makers on Shopify started out with a home business idea , selling on Etsy or eBay, or to friends and family through word of mouth, and grew into full-time small business owners after establishing demand for their products.

Just be mindful of any regulations in your product category , especially for anything customers will eat, inhale, or put on their skin.

53. Photographer

Got a passion for taking photos? Turn your hobby into a full-time online photography business . Today, you don’t just have to sell services for weddings and corporate ad campaigns. You can easily set up a store and sell prints, posters, NFTs, and more. Or you can sell your photos on stock photography sites.

54. Beauty entrepreneur

The beauty industry really pulled through the pandemic and the momentum continues to build. Businesses that sell online with unique positioning and enhanced delivery services will continue to win.

Some product ideas with high demand are:

• Personal care products like hand soap and sanitizer
• At-home spa rituals like face masks
• Beauty technology like massage guns, smart mirrors, and makeup refrigerators

Consider launching a makeup brand or a hair care line and targeting a specific audience segment, like curly girls or teens.

55. Phone accessories

Because so many people own mobile phones now, there’s a huge market for phone accessories. And there are many different ways you can go with these accessories—print-on-demand, handmade, niche by product type, dropshipping, and more.

Some ideas for phone accessories to sell include:

• Phone cases
• Car and desk holders
• Earbuds/headphones
• Bluetooth speakers
• Portable chargers
• Wireless chargers

When listing your phone accessories for sale , remember to include which devices they’re compatible with. You don’t want to create a negative yet avoidable experience for customers who receive an item they can’t even use.

56. Subscription box brand

If you’re not interested in creating your own products to sell, you can curate them. One of the best small business ideas is to sell subscription boxes with curated products that follow a certain theme.

One of the great parts about subscription boxes is you can create them for pretty much every niche out there. For example, featuring merchants and makers in your community is one of the best local business ideas for subscription boxes. You can also go for themes like yoga, beer brewing, or pets—the possibilities are limitless.

Like memberships, subscriptions are good business ideas to start because they create a recurring revenue stream. People have to proactively cancel their subscription if they don’t want to continue paying for it.

Subscriptions also lend themselves to collaboration. When you curate products from different merchants, you can get in front of their audiences—a whole group of potential new subscribers.

57. Alterations specialist

People will always need a button sewn back on or a hem altered. If you’re good with a sewing machine, you could be the person to do it. Start small by offering to hem or mend your neighbors’ clothes and, as you grow, add services to your repertoire like dressmaking and alterations.

58. Makeup artist

If you love makeup and enjoy making others look good, start a business as a makeup artist . You can offer your services for weddings, photoshoots, or special occasions and decide whether you want to work with locals or are willing to travel to build your client base. As well as advertising your services on local Facebook groups, create a website and flyers where people can find out more about what you offer.

59. Furniture restorer/upcycler

Furniture upcycling gained huge momentum during the pandemic as people upgraded their living space. If you’ve picked up a few restoration skills along the way and enjoy refurbishing a well-loved piece of furniture, why not open a furniture restoration or upcycling business? You can either buy items from local charity shops or reclamation centers to do up and sell, or you can offer to upcycle people’s existing furniture.

Physical small business ideas

These business ideas may appeal to those who enjoy face-to-face interaction and tangible services. People who are passionate about creating active income streams might find these business ideas appealing, as they require a personal touch and physical presence to succeed.

60. B&B owner

Opening a B&B isn’t a small feat, but if you’ve dreamed of creating a cozy place for travelers to stay in your area, it could be a great business idea for you. You’ll need a big enough space to get started, but after that, you can decide what theme you want your B&B to take on, what packages you’ll offer to guests, and how you’ll create a welcoming experience that keeps people coming back.

61. Delicatessen

If you’re a specialist in a specific type of food (or you simply love a specific product), consider opening up a dedicated food store. Whether it’s cheese, wine, craft beers, or specialty olive oil, you can create a commercial hub for like-minded people to share your passion. As well as sourcing products from local makers, you can use your store to host relevant events, like wine tasting or cheesemaking for extra income.

62. Food truck operator

Food trucks cost less upfront than a restaurant because you only need a vehicle and the cooking equipment to get started. Set yourself up for success by narrowing your offerings down to a specific cuisine or food type—remember, you have limited space in a food truck.

If you don’t want to (or can’t afford to) buy a truck upfront, you can always lease one from a company like the Food Truck Group to get you on your feet. If you’re successful, you can open a restaurant later on down the line, just like The Cheese Bar .

63. Massage therapist

Trained massage therapists are always in high demand. There are three ways you can operate your massage business:

• Visit client homes to provide massages.
• Open a salon where clients can come to you.
• Work on a contract basis for a chiropractor, salon, or acupuncturist.

You’ll need a qualification to get started, but once you’re all set up you can expand your list of services to include other beauty and relaxation treatments.

64. Barista

Turn your love of coffee into a physical coffee shop. Choose to invest in a franchise or start your own coffee shop from scratch. Once you’re set up, you can differentiate your business from competitors by running in-house events, offering special deals, and turning your coffee shop into a valuable community hub.

Market your business with Shopify’s customer marketing tools

Shopify has everything you need to capture more leads, send email campaigns, automate key marketing moments, segment your customers, and analyze your results. Plus, it’s all free for your first 10,000 emails sent per month.

How to start a small business

To start a small business, you need a plan as well as a dream. To put the wheels in motion, follow these steps:

• Use the time you have available: It’s good to have a balance of ambition and realism with your business aspirations.
• Identify a new business idea: This could come from your personal interests, a market opportunity, an experience—anywhere, really.
• Validate your business idea: This is where you identify if your idea is viable or not. Are people willing to spend money on this?
• Find a business name: A strong name should be short and simple, memorable, and original. If you need help, use a business name generator .
• Make a plan: Your business plan is critical for keeping your business on track, as well as securing partners, investors, lenders, and more.
• Understand business finances: Open your business bank accounts, secure funding, and set up strong bookkeeping and accounting processes. It might be a good idea to build out your goals in a business plan template to help secure funding.
• Develop your product or service: The fun part! This is where you bring your product or service idea to life.
• Pick a business structure: Your business structure influences taxes, operations, personal liability, and more. Choosing the right business structure is about balancing the legal and financial protections you need with the flexibility offered by different options.
• Research licenses and regulations: Your business is subject to the laws governing businesses in your area, as well as laws and regulations specific to your industry. It’s important to understand this to avoid bigger problems down the road.
• Select your software systems: Accounting, email, ads, project management—you need an entire tech stack to run your business.
• Find a business location: Identify where you can open up a shop based on space, retail needs, and fulfillment needs.
• Plan workload and team size: If you plan to do all of the work yourself, you’re limited by the time you have available to invest. If you plan on hiring help, you’ll need to account for those costs—as well as the time involved in finding and onboarding freelancers or employees.
• Launch your business: Leverage your network, build buzz with promotions, and test paid ads to get word out about your newly launched business.

Generating small business ideas

There are many ways to come up with profitable business ideas of your own. You or someone you know might have a poor personal experience with a company—and you know you can do better.

Or, maybe there’s a gap in the market: for example, demand for a specific product but no one meeting it. Other ideas come from everyday moments, in the shower or right before you fall asleep.

Brainstorming business ideas

If you’re feeling stuck on good business ideas, keep a brainstorming board. Whether tactile or digital, create a place to put down your ideas whenever they come to mind. Then, revisit your notes with fresh eyes.

There’s power in numbers, too. Recruit help from colleagues or friends and family to brainstorm new ideas. Survey your existing customer base or audiences and get their ideas. Look at what people are saying on social media or searching for online. Start with lots of ideas and then refine your list to the top ideas to explore further.

Protecting small business ideas

Most business owners have a few options when it comes to legal protection of their small business ideas, both now and in the future. The right one depends largely on the types of businesses you’re talking about.

• Copyright: Copyrighting protects your intellectual property, meaning others can’t use it without your permission. This applies to text, art, photography, music, graphic design, and similar mediums.
• Trademark: Trademarking is another intellectual property protection. Essentially, you “own” a word, phrase, logo, symbol, or design—preventing others from using it.
• Patent: Patents are applicable for inventions—a patent prohibits anyone else from making, selling, or using your invention in their business for a period of time.
• Confidentiality and nondisclosure agreements (NDAs): These legal documents prohibit people from sharing information, as outlined in the NDA.
• Noncompete agreement: If you hire employees or contractors, you can have them sign this document, which prevents them from working with direct competitors.
• Work-for-hire agreement: Another document—this one is only for employees—that means any work they do during their term of employment belongs to the employer, not the individual.

Funding a business idea

One of the toughest but most important parts of starting a business is finding the money to get your idea off the ground. There are a few ways to get funding for your business idea .

• Small business loans: Shopify Capital offers funding for eligible merchants, who can apply to receive between up to $5 million in capital to grow their business.
• Investors: Lots of investors look for the next big thing—the types of businesses that go viral. Craft a pitch for your business idea to present to investors.
• Crowdfunding: Crowdfunding is similar to getting investors, except you need lots of investors who are each willing to make a small financial commitment.
• Fund it yourself: It’s not realistic for everyone, but less expensive business ideas make it easier to come up with the cash yourself . Just be aware of the risks involved.

💡 Need funding to run and grow your business? Shopify Capital makes it easy to apply for funding quickly to use for inventory, marketing, and more. Automatically make payments as a percentage of your daily sales. No compounding interest.

Got your business idea? Now start

Thanks to the latest commerce tools, third-party suppliers, and the ability to quickly test ideas online, it’s easier than ever to build a successful business and start making sales without getting caught up in sourcing products, renting space, and managing inventory.

The small business ideas above can be implemented directly, morphed into an original idea, or even combined to start a business that’s uniquely yours. If the idea of sourcing, storing, and shipping inventory has kept you from starting a business before, begin with an inventory-free, low-cost business model and grow from there.

The world of self-employment can be challenging, but with a little hard work and know-how, you can work toward building your own business.

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• How to Start a Reseller Business (Plus 5 Opportunities) (2021)
• Affiliate Marketing- How to Turn Product Recommendations Into Passive Income
• Business Ideas for Teens—Find Yours [QUIZ] (2021)
• How to Sell Digital Products (Plus 6 Ideas to Get You Started)
• How To Make and Sell Your Own Custom Phone Cases (2023)

Small business ideas FAQ

What are the most successful small business ideas.

The most successful small business ideas combine the skills and passions of business owners with simple, practical customer solutions. For example, ecommerce store owners and food truck operators make it easy for customers to access desirable products. Likewise, online courses increase access to education. Pet businesses and personal wellness services can also flourish by serving consumer lifestyle trends.

What are the top 10 small businesses to start?

Starting a business that aligns with online consumer trends can lead to success. Consider these top contenders:

• Dropshipping popular products
• Print-on-demand apparel
• Selling digital products like ebooks or courses
• Blogging on niche subjects
• Offering freelance services such as graphic design or writing
• Crafting homemade products to sell online
• Creating content for podcasts or YouTube
• Becoming an affiliate marketer
• Providing pet-sitting services or selling pet products
• Operating an online clothing store

What is the easiest small business to start?

Online businesses are accessible for new entrepreneurs due to low overhead costs and the ability to reach a broad audience quickly. Examples of online business models include dropshipping, selling digital products, or providing freelance services. Other benefits of online businesses include minimal physical inventory needs, flexible work locations, and scalable marketing strategies.

What’s a good first small business to start?

A good first small business matches your skills and interests with a low initial investment. For instance, launching a freelance graphic design service could be ideal if you have graphic design skills. Look for business ideas you can start from home with accessible, inexpensive equipment such as software. This allows you to keep costs low while you build a client base.

How do I create a unique small business?

To create a unique small business, identify a niche with an unmet consumer need. This could be an area you’re passionate about or have experience in. Offer distinctive products or services that stand out by providing novel solutions or through unique branding that resonates with your target audience. For instance, if you’re a vegan baker who regularly shares recipes and notice your community lacks a vegan bakery, this could be a unique small business idea.

What small business services are in high demand?

Demand continues for services that support businesses’ digital marketing and online activities. These include:

• Freelance writing and content creation
• Specialized consulting in marketing and SEO
• Web development services
• Translation and localization services
• Accounting and financial advisory

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Simple Business Plan Template (2024)

Updated: Sep 21, 2023, 3:55pm

While taking many forms and serving many purposes, they all have one thing in common: business plans help you establish your goals and define the means for achieving them. Our simple business plan template covers everything you need to consider when launching a side gig, solo operation, or small business. By following this step-by-step process, you might even uncover a few alternate routes to success.

Why Business Plans Are Vital

Whether you’re a first-time solopreneur or a seasoned business owner, the planning process challenges you to examine the costs and tasks involved in bringing a product or service to the market. The process can also help you spot new income opportunities and hone in on the most profitable business models.

Though vital, business planning doesn’t have to be a chore. Business plans for lean startups and solopreneurs can simply outline the business concept, sales proposition, target customers, and sketch out a plan of action to bring the product or service to the market. However, if you’re seeking startup funding or partnership opportunities, you’ll need to write a business plan that details market research, operating costs, and revenue forecasting.

Whichever startup category you fall into, if you’re at square one, our simple business plan template will point you down the right path.

Get Your Free Simple Business Plan Template

Copy our free simple business plan template so you can fill in the blanks as we explore each element of your business plan. Need help getting your ideas flowing? You’ll also find several startup scenario examples below.

How To Write an Effective Business Plan in 6 Steps

Whether you need a quick-launch overview or an in-depth plan for investors, any business plan should cover the six key elements outlined in our free template and explained below. The main difference in starting a small business versus an investor-funded business is the market research and operational and financial details needed to support the concept.

1. Your Mission or Vision

Start by declaring a “dream statement” for your business. You can call this your executive summary, vision statement, or mission. Whatever the name, the first part of your business plan summarizes your idea by answering five questions. Keep it brief, such as an elevator pitch. You’ll expand these answers in the following sections of the simple business plan template.

• What does your business do? Are you selling products, services, information, or a combination?
• Where does this happen? Will you conduct business online, in-store, via mobile means, or in a specific location or environment?
• Who does your business benefit? Who is your target market and ideal customer for your concept?
• Why would potential customers care? What would make your ideal customers take notice of your business?
• How do your products and/or services outshine the competition? What would make your ideal customers choose you over a competitor?

These answers come easily if you have a solid concept for your business, but don’t worry if you get stuck. Use the rest of your plan template to brainstorm ideas and tactics. You’ll quickly find these answers and possibly new directions as you explore your ideas and options.

2. Offer and Value Proposition

This is where you detail your offer, such as selling products, providing services, or both, and why anyone would care. That’s the value proposition. Specifically, you’ll expand on your answers to the first and fourth bullets from your mission/vision.

As you complete this section, you might find that exploring value propositions uncovers marketable business opportunities that you hadn’t yet considered. So spend some time brainstorming the possibilities in this section.

3. Audience and Ideal Customer

Here is where you explore bullet point number three, who your business will benefit. Identifying your ideal customer and exploring a broader audience for your goods or services is essential in defining your sales and marketing strategies, plus it helps fine-tune what you offer.

There are many ways to research potential audiences, but a shortcut is to simply identify a problem that people have that your product or service can solve. If you start from the position of being a problem solver, it’s easy to define your audience and describe the wants and needs of your ideal customer for marketing efforts.

4. Revenue Streams, Sales Channels, and Marketing

Thanks to our internet-driven economy, startups have many revenue opportunities and can connect with target audiences through various channels. Revenue streams and sales channels also serve as marketing vehicles, so you can cover all three in this section.

Revenue Streams

Revenue streams are the many ways you can make money in your business. In your plan template, list how you’ll make money upon launch, plus include ideas for future expansion. The income possibilities just might surprise you. Few things to consider: 

• Product sales: Online, pop-up shops, wholesale, and (future) in-store sales
• Affiliate income: Monetize blog and social media posts with affiliate links
• Advertising income: Reserve website space for advertising
• E-book sales: (future) Publish recipe e-books targeting gluten-free and keto-friendly dessert niches
• Video income: (future) Monetize a YouTube channel featuring how-to videos for the gluten-free and keto-friendly dessert niches
• Webinars and online classes: (future) Monetize coaching-style webinars and online classes covering specialty baking tips and techniques
• Members-only content: (future) Monetize a members-only section of the website for specialty content to complement webinars and online classes
• Franchise: (future) Monetize a specialty concept and sell to franchise entrepreneurs

Sales Channels

Sales channels put your revenue streams into action. This section also answers the “where will this happen” question in the second bullet of your vision.

The product sales channels can include:

• Mobile point-of-sale (POS): A mobile platform for managing in-person sales at local farmers’ markets, fairs, and festivals
• E-commerce platform: An online store for online retail sales and wholesale sales orders
• Social media channels: Facebook, Instagram, and Pinterest shoppable posts and pins for online sales via social media channels
• Brick-and-mortar location: For in-store sales, once the business has grown to a point that it can support a physical location

Channels that support other income streams might include:

• Affiliate income: Blog section on the e-commerce website and affiliate partner accounts
• Advertising income: Reserved advertising spaces on the e-commerce website
• E-book sales: Amazon e-book sales via Amazon Kindle Direct Publishing
• Video income: YouTube channel with ad monetization
• Webinars and online classes: Online class and webinar platforms that support member accounts, recordings, and playback
• Members-only content: Password-protected content for subscriber

Nowadays, the line between marketing and sales channels is blurred. Social media outlets, e-books, websites, blogs and videos serve as both marketing tools and income opportunities. Since most are free and those with advertising options are extremely economical, these are ideal marketing outlets for lean startups.

However, many businesses still find value in traditional advertising such as local radio, television, direct mail, newspapers and magazines. You can include these advertising costs in your simple business plan template to help build a marketing plan and budget.

5. Structure, Suppliers and Operations

This section of your simple business plan template explores how to structure and operate your business. Details include the type of business organization your startup will take, roles and responsibilities, supplier logistics and day-to-day operations. Also, include any certifications or permits needed to launch your enterprise in this section.

One might use a structure and startup plan such as this:

• Business structure : Sole proprietorship with a “doing business as” (DBA).
• Permits and certifications : State-issued food permit.
• Roles and responsibilities : Solopreneur, all roles and responsibilities with the owner.
• Supply chain : Bulk ingredients and food packaging via companies like Amazon Prime with annual membership costs. Partnership for shipping supplies; no membership needed.
• Day-to-day operations : Source ingredients and bake three days per week to fulfill local and online orders. Reserve time for specialty sales, wholesale partner orders and market events as needed. Ship online orders on alternating days. Update website and create marketing and affiliate blog posts on non-shipping days.

6. Financial Forecasts

Your final task is to list forecasted business startup and ongoing costs and profit projections in your simple business plan template. Thanks to free business tools such as Square and free marketing on social media, lean startups can launch with few upfront costs. In many cases, the cost of goods, shipping and packaging, business permits and printing for business cards are your only out-of-pocket expenses.

Bottom Line

Putting careful thought and detail in a business plan is always beneficial, but don’t get so bogged down in planning that you never hit the start button to launch your business. Also, remember that business plans aren’t set in stone. Markets, audiences and technologies change, and so will your goals and means of achieving them. Think of your business plan as a living document and regularly revisit, expand and restructure it as market opportunities and business growth demand.

Frequently Asked Questions (FAQs)

Is there a template for a business plan.

Yes, you can copy our free business plan template and fill in the blanks or customize it in Google Docs, Microsoft Word or another word processing app. This free business plan template includes the six key elements that any entrepreneur needs to consider when launching a new business.

What does a simple business plan include?

A simple business plan is a one- to two-page overview covering six key elements that any budding entrepreneur needs to consider when launching a startup. These include your vision or mission, product or service offering, target audience, revenue streams and sales channels, structure and operations, and financial forecasts.

How can I create a free business plan template?

Start with this free simple business plan template that covers the six essential elements of a startup. Once downloaded, you can edit this document in Google Docs or another word processing app and add new sections or subsections to your plan template to meet your specific business plan needs.

What basic items should be included in a business plan?

When writing out a business plan, you want to make sure that you cover everything related to your concept for the business, an analysis of the industry―including potential customers and an overview of the market for your goods or services―how you plan to execute your vision for the business, how you plan to grow the business if it becomes successful and all financial data around the business, including current cash on hand, potential investors and budget plans for the next few years.

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Small Business Ideas in India – Home Based, Low Investment, and Online Startups

For many of us, starting a business is a dream. But we cannot start a business as we do face many barriers and limitations. We are afraid of uncertainty. This is one of a few reasons people cannot start a business in India. Starting small may be a great help for those who do not want to take a big responsibility and risks. These are also suitable for beginners who want to start their business at a low cost . So, here, I have made this post on small scale business ideas in India with preferable resources and analysis. I hope you will find my post resourceful.

Contents of “Small Scale Business Ideas in India”

“Business Ideas in India and how to implement them” will be elaborating the economy of India and how it’s supportive for starting new businesses in India. The title is pretty self-explanatory. The topic has a collection of business ideas which are suitable to implement in India. It will elaborate on the economic advantages of starting a business here. In the next part, it has the SWOT Analysis and the PEST Analysis of India. The business ideas section has a collection of small, medium, and large-sized business ideas. In the later part, this post will explain how to create a strong plan and execute the plan to start a suitable business in India. It also has the legal part which elaborates the legal procedure of commencing a business here.

For Who these Indian Business Niche Ideas are Created For?

This post is prepared for three types of people. For the entrepreneurs, it will give an idea of how to start a business in India. For the people who are thinking of starting new businesses but do not have an idea, will have a bunch of different business ideas. And the last group of people, who already have an existing business organization , will have the idea of the current economic condition and the possible opportunities to expand their businesses.

An Introduction to India’s Economy

Before starting a business in India, you must learn the current economic position of India (which is a macro factor) and the future of it.

India is a country of Southeast Asia. It is the second-largest country by population and seventh largest county by area in the world. India shares six land borders consist of Pakistan, China, Nepal, Bhutan, Myanmar, and Bangladesh. As India is surrounded by these six countries, it gives this country an extra advantage of starting import-export businesses over other countries.

The geographical location of India gives it opportunities to be economically stable. It also has nearness with Sri Lanka and the Maldives. Additionally, India’s Andaman and Nicobar Islands share a maritime border with Thailand and Indonesia. India has the biggest coastline in the world which is about 7516.6 kilometres. The shipping is serviced by 12 major ports. Other 200 ports are notified as minor and intermediate ports.

Advantages of Starting a Business in India

Before discussing the small scale business ideas in India, we will explore the advantages of implementing a business idea in this technologically advanced country.

• India the largest democratic country with 1.2 billion people; therefore the domestic market is huge.
• The stable political environment of India gives any business organization to be functional easily.
• Well established judiciary to enforce the rule of law.
• It has abundant natural resources
• The diverse climatic conditions give great opportunity to do agricultural business in India.
• The economic growth of India will start to outpace China’s within a few years. As a result, India will become the fastest economy with 9 to 10 per cent growth over the next 20-25 years (Morgan Stanley).
• The labour force of India is 530 million nearly. A study (McKinsey) found that the economy of India may grow 5-fold in the time of the next 20 years. The English speaking population is on growing phase. The numbers of online business websites, personal blogs, and affiliate marketing are on the growing phase.
• There is cost competitiveness in India; also, this country has low labour costs. It has a large pool of strong knowledge base population and skilled manpower.

Benefits of Starting a Small-sized Business in India

There are benefits of starting a small business. First, you are starting small and so the risk you are taking is low. This risk can be avoided by following a few simple risk management process steps. But also, you can switch at a low cost if you are in danger. Second, unlike big businesses, you can make unique offers to your customers. Third, you can take care of your customers by yourself. By this, you can provide quality services. Finally, you can keep the money local. The money in a certain area circulates and helps to thrive in that area. So, your business is doing good for the area as well.

Small Business Ideas in India

The post on top rated business ideas are segmented into different groups that consist of money making ideas for home,  business ideas on basic needs, internet business ideas, low or no cost business ideas in India.

Home Based Business Ideas in India

Business Plan writing – it is one of the great ideas if you are a business student. Then you already know how to collect information on a specific type of business and write a formal business plan from it. All you need to do is to create an online gateway to reach people, build trust, market your service, and take orders from people.

Freelancing – Freelancing is doing your work without doing a job under a company. You can take work from an individual or a company. In the first idea, we talk about writing business plans. For a business plan, for example, a person needs to collect information from a specific industry in India. Here, you can take the work and deliver it on time.

Buy-Sell Old Products – Everyone knows there is a big market of used products. In India, the market is huge. You can go to an online marketplace, open an account, and start trading. You need to buy the products that are still functional and do not have any internal malfunctions, in the case of smartphones. Trust is a big issue in this type of business. So, you can buy a product at a low price and sell it at a high price. The price gap is your profit.

Content Writing – content writing is getting popularity in India day by day. Because, everybody can do it including teachers, students, housewives, or a full-time job holder. Anyone has a small portion of time in a day can bid for work in Upwork, and do the work in the weekend. It is not a big deal taking work from the online marketplace if you have a good educational background and a strong online profile.

Fashion Consultancy –  A great money making ideas that can be started by women. 

YouTube – a strong source of online earning. You can make videos on different subjects and then publish it through your YouTube channels. The only earning option available is Google Adsense.

Computer Training – There will always be a demand for technical knowledge and skills. Different types of training, for example, MS Office has demand. People want to learn this type of things. What you need to do are to purchase computers, hire a room for a training centre, and small promotional activities in your area.

Gardening Advice – Gardening became a strong hobby in the city area of India. Many people want to start their home gardens in balcony or rooftop. You can offer continuous guidelines on this. You can also offer physical help. An online earning method like Adsense may bring help also.

Aquarium/Ornamental Fish – This is a common yet demanding product in the market. Gatliff Street Pet Market is one of the markets in India. Setting up a physical market might need a large investment. You can work as a supplier of aquarium water and chemical supplier. You can also breed different ornamental fish in your home and sell it to the retailers.

Pigeon Farming – for breeders, it is the best business idea in India. If you have affection for pigeons and want to start money earning source as a student, you can start this pigeon farming business.

Best Small  Scale Business Ideas in India on Basic Needs

Tea/Coffee Shop – Tea and coffee shops have a demand in this subcontinent. It is a small business idea that can be implemented with a small amount of money needed. But you need to add some unique features with this business. It will be better if you add some more space and set up a book library where people will come and read books.

Desert Shop – health-conscious people like a desert. Also, these types of foods are becoming popular. You need to set up a shop in a public place where a flow of people occurs at a certain time of day.

Food Truck – same as desert shop. It can be a good idea if you want to establish a food brand. Also, you can supply foods to the office area where generally foods are difficult to be found.

Ice-cream parlour – this is a narrow business idea. You only sell different types of ice cream here. Day by day your reputation will be increased and the customers will be increased as well.

Juice Bar – same as a food truck or ice-cream bar. This has a good profit margin. Just make sure that you provide fresh juice to the public. All you need to do is to wait for couples of weeks. If your products are good, people will automatically feel attracted to your fruit juice.

Organic Foods – Organic foods are those foods that are naturally growing. You do no use any breeding formula to grow and modify genetically.

Blogging on Health Care – if you are a doctor, it is an awesome money making idea for you. You can offer an online service by which you can provide health-related advice.

Dieting Charts – Consult with people and give them solution by providing dieting chart for individuals. 

Blogging – on restaurants and introduction of new places through your blog.

Travelling Guide – this can be a very feasible idea if you want to market an area where you are currently living. You should offer a consultancy service online to give guidelines to the travellers who are interested in the area. You can offer this service online via Skype, Whatsapp, or Viber.

Online Business Ideas for Tech Geeks in India

Blogging – anyone can start personal blogging. It offers a nice opportunity to offer knowledge sharing staying at home. You may have a strong knowledge base on mother care, relationship building, or teaching.

Affiliate Marketing – Affiliate marketing is spreading rapidly in India. The main reason is the availability of cheap technology. the guidelines are available on the internet and surprising fact is, most of them are free. So, you can use those free resources to start your affiliate marketing site in your country, India.

SEO Consultancy – local businesses are booming in India. Some of these businesses are already maintaining online websites to deliver information about their products and services. Rest of them will be online soon as the competition has been spreading on the internet. As a result, the demand for search engine optimization will be increasing. So, there is a high potentiality of the career SEO consultants.

Website Selling – many people want to start their blogs. But, the main problem is that many people lack technical knowledge of developing and launching a website or blog. You can offer a service websites for them and charge an amount in return. You can do the same for the local business owners as well.

Content Writing – with the increasing number of web publishers, the demand for content writers have been increasing as well. The number of personal blogs and websites are growing. You can start as a content writer and offer writing services to bloggers.

Sell your Researched Keywords – KW research is a part of niche research. It’s time-consuming work to do. People who are maintaining multiple websites, blogs, or affiliated websites do not have much time for the research. You can offer this service to them.

Business Ideas with Low or No Investment and High Profit

There are a few businesses or money-making ideas that can be implemented without or very log investment. These are knowledge and skill dependent businesses. I have made a list and discussed those businesses in the above idealist. Some of the ideas are personal blogging, affiliate marketing, SEO consultancy, or social marketing.

About Business Alternatives, Plans, Strategies, and Implementation

Which Business Idea Should You Start in India?

Choosing a small business idea in India is the most crucial part. If you can do it wisely, you will be able to be run the business successfully.

First, check your knowledge base in the case of personal blogging. Suppose you have studied in public health. You can start your blog on dieting perhaps. Second, make a list of the things that will require money. Make a budget within your capabilities. Always, keep a portion of your capital for future use. Finally, make a business plan that you will need when you implement your idea.

Performing SWOT analysis for the competitors in India

If you have strong competition in the area where you are planning to start your business, you need to conduct a SWOT Analysis. It will let you know the strengths, weaknesses, threats, and opportunities for the competitors. Also, do the SWOT for the industry as well.

Conducting Business Research

Before making a business plan, collect all of the necessary data related to your business. Also, you should conduct market research. You can survey to have an idea about the demand of the products. A case study of a company from a similar industry may help you to understand the business better. You can also talk with the businesspersons who have been doing business in your industry.

Process of Business Planning

This is a very important work for you, making a business plan. A business plan includes the detail of your product, your financial budget for the business, idea of future earning, current condition of the industry, SWOT & PESTLE analysis, you target customers, financial profit-making idea, future sale forecast, business CANVAS, and marketing strategies.

How to start a Business in India [Legal]

This is a legal procedure. You need to fulfil many formalities to start a business in India. For online businesses, for example, personal blogging, the requirements may below. You need to obtain several things such as PAN Number from Income Tax Deptt, a Current Account , Register For Service Tax & VAT/ Sales Tax, Shop & Establishment Act, File Entrepreneurship Memorandum at DIC, Find State Specific Guidelines & Procedures, Employees State Insurance (ESI) Scheme, and Employee’s Provident Fund. The requirements above are applicable for a sole proprietorship. We have taken the data from Smallb. Please visit for detail information.

Additional Readings on Indian Economy Analysis to Implement a Money Making Idea:

SWOT Analysis of the Indian Economy: is it suitable for small business ideas for India?

This SWOT analysis is made from the information available in the year 2015; therefore it will lose relevance gradually in time as the economic variables change. We do not ensure 100% accuracy of the analysis. I recommend you to conduct SWOT on your own before starting your own business.

Strength of Indian Economy

• Agricultural land – Cultivable land nearly 57%; low-cost lands.
• A large number of English spoken people; the literacy rate is high,
• The high growth rate of the economy
• The rapid growth of the IT sector; IT literacy is high
• Plenty of natural resources

Weakness of Indian Economy

• Poor infrastructure facilities
• The low capability of utilizing cultivable land; contribution to the GDP is only 17%
• Scarcity of some resources as a result of high population
• Unequal distribution of resources/wealth
• Literacy is very low in some of the areas

Opportunities for Indian Economy

• Scope of entering too many sectors of the businesses; the entry barrier is low.
• High possibilities of increasing Foreign Direct Investment(FDI)
• Infrastructure will be developed
• Huge population and huge buyers; the domestic market is huge
• Huge agricultural resources allow starting a business in the rural area
• A large number of Indian is living in foreign countries; therefore money inflow is at high growth
• Low labour cost

Threats for Indian Economy 

• The global recession may affect easily
• High trade deficit
• Population growth is high
• Agricultural production is heavily dependent on monsoon.

PEST Analysis of the Economy of India

PEST analysis is a marketing principle and should be used while researching small startup business ideas in India. It is an acronym which stands for political, economic, social, and technological factors . These are also called macro-environmental factors that affect a business. PEST is a tool and used by companies to track the environment they are planning to operate their business operations or to launch new products or to start new projects.

The PEST analysis of India is elaborated below. You must understand each of these factors and their contribution properly before starting your own business.

Political – it relates to what extent the Indian government provide good policies for business and its growth. The taxation is business-friendly.

Economic – the economy of India has been stable for a long period now. It has been providing loans at a low interest rate. It is very friendly for business growth. Also, the inflation rate in India fell recently. A piece of news by Forbes said that “India’s Inflation Rate Isn’t A Worry”

Social – to consider the social factor India’s 70% people fall in the ages between 15 and 65. Many people are going to retire. That will cost a large sum of money which will be bored by the government.

Technological – new technologies create new products and services. India welcomes innovative and tech-dependent products. There is a large number of innovators in this country.

Bottom Line

An idea can change your life. In my post small business ideas in India, I have added the SWOT analysis and PEST analysis of India. It will help you to understand the business environment of India and therefore, will give you a clear picture. These analysis will be helpful to implement these ideas as these work as an advantage to understand the current business field and economic condition. Then I have created three lists of different business ideas that can be started as small business in India. These are also scalable businesses. And at the last, I have included a few points on business planning and legal requirements of business start.

Related: Advantages of Foreign Direct Investment  

• Invest in Dhaka Stock Exchange : A Complete Guideline
• Business Ideas to Start in Pakistan
• https://en.wikipedia.org/wiki/Economy_of_India
• https://en.wikipedia.org/wiki/India
• http://www.daytodaygk.com/major-ports-in-india-complete-list/
• http://www.slideshare.net/anushatuke1/swot-analysis-of-indian-economy-25909639 [swot]
• http://pestleanalysis.com/pestle-analysis-india/ [PEST]
• http://indiainbusiness.nic.in/newdesign/index.php?param=advantage/162
• https://smallb.sidbi.in/%20/policies-regulations/guidelines-procedures-starting-new-business-india?field_company_type_tid=426&field_industry_type_tid=425
• https://www.forbes.com/sites/mikekappel/2016/11/21/the-big-benefits-of-small-business-saturday/#15798bfe4284

Sheikh Faizul Haque is an internet entrepreneur and the founder of The Strategy Watch ; Graduated from North South University with a double major in Accounting & Finance in Bangladesh.

With a strong interest in developing and improving Business Strategy and to Conduct Business Analysis.

40 Small Business Ideas for Villages, Rural Areas in India

• October 29, 2019 June 26, 2024

If you are looking for successful profitable small business ideas for villages, rural areas then this information will definitely help you. India still has its most population settled in villages. Villages have their own set of infrastructure which is different from the urban areas. It is true that business requires a special set of infrastructures and has its own different needs. But this doesn’t mean there are no business opportunity in rural areas.

There are many business opportunities in rural areas as well . There are some businesses which are suitable only in village rural area like agriculture-related business. 

It would be beneficial for a person settled in the village to start a business there itself. It would require less capital and less investment to set up a small business in the area you live in. It would also become easy to organize the business there as everyone is a known person. If you are in one of the rural areas and dream of having a business of your own. 

# Profitable business ideas for villages that will definitely help you:

• Production of organic produce
• Poultry farm
• Milk centre
• Wholesale of Fertilisers
• Drinking water supply
• Retail shops
• Threshing machine
• Flower Farming
• Freelance Writer
• Independent Blogger
• Auto Repair Shop
• Tutorial Services

Additional Business Ideas

16. Internet of Things

17. Impact Investing

18. Business Outsourcing

19. Affiliate Marketing

20. Data Analysis

21. Web Developer

22. Home-Based Catering

23. Establish a Grocery Store

24. Online Retailing

25. Small Manufacturing Business

26. Organic Food Products Store

27. Mobile Food Truck Business

28. Clothing Boutique Store

29. Software Company

30. Event Management

31. Recruitment Agency

32. Selling Farmers Produce In The Nearby City

33. Transportation Services

34. Farming Products & Equipment

35. Paper Shopping Bags

36. Candles

37. Potato Chips

38. Spice Manufacturing Unit

39. Namkeen / Snacks Manufacturing Unit

40. Detergent Powder

41. Coolant

42. Adhesives/ Glue

43. Silver Extraction for Waste Hypo Solution

44. Non-woven Fabric Bags

45. Automobiles

46. Health Care and Beauty Products

47. Furniture

48. Beauty Parlour

49. Candle Making

50. Artificial Jewellery Making

51. Cashew Nut Processing

52. Solar Energy

53. Handicraft

54. Tourism

55. Food Delivery

56. organic fertilizers

57. Beekeeping

58. Production of fruit juice

59. Portal for grocery shopping

60. Agriculture consultancy

61. Certified seed dealer

62. Herbal medicine farming

63. Dairy farming

64. Computer Training Institute

65. Cafes and Restaurants

66. Renting Agency

67. Xerox and Printing Shop

68. Photo Studio

69. Aquarium & Fish

70. Nursery & Garden Requirements

71. Party Services

72. Address Verification Service

74. Employee Background Checks

75. Daycare centre/babysitting

76. Tiffin service

77. Jams, pickles, and sauces

1. Production of organic vegetables 

• To produce in large quantity many have started using vaccines. Using which the vegetables, fruits, become mature even before the actual time. Therefore the demand for organic produce has increased so much.
• You can start doing organic farming and sell it in the town market where it is in high demand. For this, you can find a proper vendor for your product so that you don’t have to struggle to sell your produce. 
• You can also supply your products directly in the market. But in the beginning, it would be better to go through a vendor as you would be new to the market and you would not be aware of buyers. You might not find the proper market to sell your products on your own.
• Also if you do it all yourself it would increase your cost of production as transportation cost and storage cost will add on it. Moreover, you might not be equipped with everything in the beginning. Also, you need to sell your products immediately as these are perishable items and you would face difficulty in storing it. So it’s better to sell off your products for a fixed amount and grow your business in the beginning without any risk.
• Later when you would have earned enough income to grow your business, then you can remove the middleman and become a direct supplier . As with time you would have made various contacts and would have learnt the market trends and requirements. Along with this you would have acquired transportation and storage facility of your own.

2. Poultry farm

• Opening a poultry farm doesn’t require much land. You on your own or with the help of some others can start this business very easily. You would have to rear small chicken up to certain wait and then you can sell then off. 
• To begin with, you can start this business on a contract basis with a vendor. In this you would be provided with the chicken, their food and everything, you would just have to rear the chickens up to certain months or the weight according to their requirement. You will be paid either by the number of chickens or by weight. Mostly the payment is made according to chickens weight.
• In the beginning it is not advisable to do everything on your own. Since this will require more capital and you may also suffer losses because you do not have exposure and you should not take the risk in the very beginning of your business . It would be better if you start it on contract basis.

3. Fishery farm

• Similar to poultry farming you can do fishery business as well. You need to have some understanding of this business as it’s not easy. You need sufficient land for fishery business. You need to be very careful in this business as one single mistake can lead to a huge loss.  
• The disease of one fish or one infected fish can spoil the fish of the whole pond. Therefore you need to be extra careful in this business. 
• You can sell your fish directly in the market if the quantity is not very much but if the quantity is huge then you can export it as well. You choose to rear the fish which are most demanded and earns more profit, for example, Rohu, Catfish, Hilsa, Mangur, etc. 

4. Milk Centre

• Rearing cows and buffalos are very common in indian villages . There are so many dairy farms which demand milk in huge quantity. They take the milk from the milk centres. These milk centres collect milk from the villagers. 
• To start the milking centre you would have to contact a dairy farm and do a tie-up with them. 
• You need to have a proper place where you can keep the weighing machine and the machine to measure the quality of milk fat and other things.
• You need some basic qualifications as you would have to maintain accounts register and do some basic calculation. However, you can use billing software such as Vyapar App to maintain your accounts without any error.
• You would have to maintain cleanliness with the milk carrier so that the milk doesn’t get spoiled. 
• Maintain good relations with your customers , pay them on time so that everyone comes to your centre.

5. Wholesale of fertilizers

• As agriculture is the major occupation in the villages.  Starting a wholesale store of fertilisers would be one of the best options for your business. 
• You might have to get a license for this business. You would have to check for the legalities. 
• There are very fewer chances of facing loss in this business as most of the people in villages are agriculturists and fertiliser is one of the major requirements for agriculture.
• You can even keep seeds at your store .
• Make sure you do marketing of your store well. Along with this, you can also start your own online store with Vyapar App so that you get more customers. Because there will be other stores already existing in the market.

6.Drinking water supply

• Usually, people used handpumps, ponds, rivers etc in the village. But now almost everyone has a hand pump at their homes and people have even started getting drinking water canes. 
• You can start this business with very less capital as well. You can start the store at your home .
• If possible you can take 4 wheelers like tata Mahindra to carry the canes. 
• You can even manage with two-wheelers in the beginning.
• If you do not find home delivery comfortable even then you can run your business as people themselves would come to your store and take the canes home by themselves.
• As you also belong to the same village it would be easy for you to promote your business.

7. Retail shops

• You always have the option of opening retail shops . You can start a grocery/Kirana store , a clothing shop , mobile accessories shops , hardware stores , etc. Now, start your retail shop with Inventory and Billing Software . Here your business will be at your fingertips
• You can even open a saloon. 
• Starting a business of tailoring store is yet another option. 
• These are some common store which you can open in villages along with a sweet shop, fruits stall etc.

8. Flour mill

• In urban areas, people buy flour packet directly but in villages, people usually go to flour mills as they grow wheat in their fields.  
• If you open a mill then don’t use it only for wheat. Use it for corns, turmeric, chilli, coriander etc. as well.
• You can get a machine for making flattened rice  as well. Make sure you have a good electrical connection.
• In rural areas, people usually don’t buy all these from a store as they have raw stocks with themselves because they grow it in the fields.
• It will be very profitable for you if you provide all in one place.

9.Threshing Machine

• If you have enough capital then you can invest it in getting a tractor. Along with it, you can buy a threshing machine, seed drill machine to start with. Not everyone keeps it with themselves. They usually rent it. 
• It will be a very profitable business ideas as this is always required in agriculture . In every season before and after harvest, these are required. 
• If you have these you can even keep the machine which is used to water the fields (pumping set, boring) . In this way, you would have all the required things with you and people would not have to go to others for different requirements. 

10. Oil mills

• Due to lack of oil mills, people either go too far places to get the oil refined or they are forced to sell the produce at a lower cost. 
• If you collect enough capital you can set up the oil mills.
• As people grow mustard, soybeans, groundnuts etc in their fields they usually get the oil extracted in the mills for their use. 
• People might not get oil extracted in large quantity as it is for their use only. The material which remains after the extraction is used by them as fodder for the cattle.
• As this is done by every household in the village you would not run short of customers.

These are some more best business to start in village . Depending on the amount of capital you have you can decide on your business. See for your competitors and market before starting any business. 

11. Flower Farming 

Flower farming is known as floriculture. In India, flower farming is cultivated for commercial purposes in many states such as Karnataka, West Bengal, Madhya Pradesh, Mizoram, Gujrat, Orissa, Haryana, Jharkhand, Assam, Chhattisgarh, Andhra Pradesh, and Tamil Nadu.

The Indian flower farming industry includes flowers like Rose, Tuberose, Gladiolas, Anthurium, Carnations, Marigold, Jasmine, Hibiscus, etc., which are grown in farms, poly houses, and greenhouses in India. The cut flowers are exported to dried flowers. 

Within India, fresh flowers have a huge demand for religious purposes. These are offered in temples and even used at homes. 

While labor is involved, flowers can grow throughout the year, especially if seeds are easily available and greenhouse facilities are used, keeping the business profit non-seasonal.

It will be a very profitable business as In India, flowers are considered extremely important in more ways than one can imagine. For example, they are not just ornamental decorations but are used for religious festivals, functions, weddings, as offering to God in temples, and so on.

Many people grow flowers in their own home gardens due to the daily necessity and consumption. Hence the demand is severe and the flowers are revered here.

12. Freelance Writer

Since small towns often offer lower costs of living, they can be great places for independent freelancers.

Whether writing for local customers or doing their business online – to set up shop. So you can start your own freelance writing business and save money on a variety of different expenses.

Today there are still some freelance writing opportunities at traditional publications, but the big opportunity is online in content marketing. 

Business and consumer-oriented websites are rushing to post more & more content related to their business space, to try to attract traffic from search engines, and to positioning themselves in the minds of potential customers.

13. Independent Blogger

Blogging is one of the best ways to promote any business online. 

Independent bloggers make thousands of rupees monthly from the services they are offering. For modern people, this is one of the best small town small business ideas for rural business.

Or you can start your own blog and make money from advertisements, affiliate links, or sales products that take advantage of low-standard living standards and services – so unless you have enough Internet access.

A blogger can make money by creating their own website and then earning money from advertisements, affiliate marketing, and selling products online. But this is the starting part.

Once you are into blogging there is a lot more to do. You can do any of the following:

Advertisement for others

Start email marketing

Write Product Reviews

Social Media Blogging

Write a business blog

DIY and recipe blogging

14. Auto Repair Shop

If you are already a pro at auto repair, you can open a shop in the city. 

Especially if you are serving a rural area where you are the only shop for miles, you can attract business from other cities as well.

For those entrepreneurs who are skilled in automotive repairs, small towns in India can be great places to set up shop, especially if there are no other repairs around.

While distance can be an advantage, it can also harm business when trying to ship parts or provide a specialized service, so keep this in mind when you do your research OR try to stabilize your shop near the area consumers and travelers pass out through.

Between high levels of traffic and equally high levels of tourist traffic on local highways, there is a consistently significant demand for auto repair services and auto parts.

Convenience is essential for most middle and upper-class consumers and travelers.

15. Tutoring Service

Where there are homes, there will be children and where there are children, there will be tears over mathematics and grammar. However, the Internet has ended with online tuition services but t utoring services are one of the best small business ideas in rural areas that work . 

Many students are having problems in understanding maths and grammar. You can earn a good amount by starting your own tutoring service.

Most small-town business ideas require a team. Similar is the condition of tuition services. You need to create a team. Hire some teachers but make sure to hire professional tutors.

Do not hire a tutor who tries to be a jack of all subjects. Who is specialized in a subject and is less expensive.

Always keep in mind that not all students are eager or excited to learn. Some students may try your patience. You should make up your mind before tolerating it but the best thing is that you can do it part-time with any other job. Here is the Step by step guide:

Create an office for your Services.

Determine the subjects you can teach. Tutor hire for other subjects.

Make a list of students.

Obtain all required permits.

Make a business plan.

Advertise your services.

Vyapar Suggestion: You can use a very handy  billing and accounting software like Vyapar App on mobile & desktop. This software helps you to manage all the accounting activities of your business like sales, purchases, sending payment reminders, receiving instant payments via UPI, creating and sending professional invoices, sharing WhatsApp greetings with customers and all kinds of reports etc. without any errors and saves your time.

So that you can put your full attention in furthering your business without any hassle. Also, with the help of this software, you can easily manage and track all your business activities from anytime, anywhere. And by taking a step in the digital world, you can make the accounting activities of your business even more simple and risk free.

Some Additional Business Ideas in India:

# 6 best future business ideas in india for 2025.

The future of business belongs to those who don’t wait to create it. To establish a long-term lucrative and sustainable business, companies would need to be aware of current trends and research and understand what’s coming up in the next 10-15 years. A paradigm shift is a transformation in the concept of how services should be rendered and how things should be thought about, done, or manufactured in the business sector. A paradigm shift may necessitate the elimination or creation of entire departments. The internet ushered a paradigm shift in the way people do business. For example, the fax machines and courier services were overtaken by email and scanning.

India’s commercial landscape is poised to thrive in multiple fields as it is an overall strong developing country. Due to many causes such as international trade, government incentives, growth and innovation fueled by technology, and the young population taking the roles of leaders, the coming years are full of new and variety of opportunities. Business is a highly dynamic activity, as the world is expanding and the needs of people are advancing, innovation and new methods of dealing with it can be facilitated by upcoming business ideas in India.

Now, In this article, we will discuss some of the future business ideas 2025 in India.

1. Internet of Things

The Internet of Things (IoT) is a network of interconnected computing devices that are equipped with sensors, software, and other technologies to connect and exchange data with other devices and systems over the Internet network without requiring human-to-human or human-to-computer interaction. The future of IoT is almost limitless because of technological advancements and people’s desire to connect various devices such as smartphones with household appliances. People and devices on all platforms can now be connected owing to an efficient networking and connectivity protocol.

2. Impact Investing

Impact investing is a type of investment strategy that aims to make money while simultaneously focusing at creating a positive impact on social or environmental factors i.e., taking into consideration the company’s commitment to corporate social responsibility or CSR.

Given the uncertainties and difficulties of serving the social finance industry, a number of new approaches have evolved, not just in terms of capital structure but also in terms of effective delivery. This business concept entails obtaining funds from a variety of sources in order to establish a fund that will invest in socially responsible and environmentally sustainable companies.

3. Business Outsourcing and Knowledge Outsourcing 

Outsourcing is a commercial activity in which a company hires a third party to execute services and produce commodities that were previously conducted in-house by the company’s own employees and personnel. Outsourcing allows businesses to save money on labour expenditures such as employee salary, equipment, and technology. India has a significant number of competent workers, including Doctors, Chartered Accountants, Lawyers, Research Analysts, Digital Analysts, MBAs, and other professionals, bolstering its position in the knowledge services market. As the world’s marketplaces become more knowledge-intensive, India has emerged as the most sought-after destination for knowledge services. Knowledge Process Outsourcing may soon become India’s largest revenue generator.

4. Affiliate Marketing 

Affiliate marketing is a type of marketing in which a company pays affiliate partners for sales generated by the affiliate’s marketing efforts. Affiliate marketing has grown in popularity as a result of the Internet. When you join an affiliate program, you receive unique links each marked with your personal ID that tracks anytime your links result in a sale. You get paid a commission if someone buys something through your link. Affiliate marketing is based on a simple concept: work with other businesses to grow jointly and benefit. There is also a fact that Affiliate Marketing is one of the best future business ideas in India.

Example: Amazon’s affiliate program, pays out good associate commissions for generating sales. Flipkart Affiliate Program allows you to make lucrative commissions on a variety of products.

5. Data Analysis and Data Science

Some of the fundamental skills required to be a Business Analytics are a thorough understanding of statistical approaches, quantitative capacity, business learning, proper reasoning and thinking logically, Big Data, various tools to analyze the accessible data, and managing assets. Machine learning and artificial intelligence are used in data science to extract relevant information and predict future patterns and behaviors. By 2025, the most in-demand and fastest-growing employment will be that of a Data Scientist as stated in the World Economic Forum’s Future of Work Report 2020.

6. Web Developer and Graphic Designer

With the introduction of new technology, the field of web development has expanded, resulting in the creation of dynamic websites and web app solutions. Web developers have several job prospects in both the private and public sectors. For their online business and site development, many private and government companies hire web developers. 

Graphic design is somewhat of communication that employs text, graphics, and audiovisuals which can all be used to communicate information about the businesses. Graphic designers have a lot of potential because the need for good and innovative graphic designers is tremendous.

# Business Ideas in Bangalore with Low Investment

Bangalore is one of the most fast-paced cities in the country, and many people are always looking for a job or trying to start their own business. Bangalore, of course, has tremendous business opportunities. This blog presents a few profitable business ideas in Bangalore.

Now, let’s discuss some of the most popular business ideas in Bangalore.

1. Home-Based Catering

People of Bangalore have a busy lifestyle because the city has a large number of people working in various fields, and it is challenging for them to prepare meals for themselves. Home-based catering has a lot of potential because this is what most people prefer. If you have a passion for cooking and want to turn it into a source of income, you should consider home-based catering in Bangalore.

This private venture will necessitate substantial investment in cooking hardware and capacity. You’ll also need permission to operate a food business, and government officials might inspect your home to see if your business complies with various rules and regulations. Home-Based Catering is one of the best business in Bangalore.

2. Establish a Grocery Store

Bangalore is a fast-paced city, and anything that saves the people of Bangalore time has a lot of potential to become a wonderful business opportunity. A grocery store that also offers delivery will be very profitable. For a profitable grocery store, finding the right location is crucial. Managing inventory, knowing your customers’ needs, and adapting to changes in customer preferences are all important aspects of running a successful grocery store.

3. Online Retailing

Sellers can connect with buyers through e-commerce platforms like Flipkart and Amazon, or you can become a vendor for some manufacturer. The e-commerce stage will handle the delivery services. If you receive positive feedback through the nps survey tool , the number of orders you receive will rise, and your earnings will rise as well. Online Retailing is also one of the best business opportunities in Bangalore.

4. Small Manufacturing Business

Bangalore serves as a near-immediate market for manufacturing goods. As a result, entrepreneurs should consider starting a small-scale manufacturing business. Though the initial cost is high, the profit returns are sufficient to recover the investment. 

5. Organic Food Products Store

A significant percentage of the city’s population is health-conscious. Organic foods are gaining popularity among a large number of individuals, and the organic business is booming. This presents an amazing market opportunity for starting an organic food business. Consider creating an organic food retail shop if you have the requisite funds and a suitable retail location.

6. Mobile Food Truck Business

In Bangalore, the mobile food truck business has changed dramatically in recent years. Previously, there were numerous food trucks parked on the side of the road. This business concept received a lot of positive feedback from clients, but the excitement faded quickly due to poor food quality and the food truck owner’s failure to follow the rules. However, if someone comes up with some new ideas and manages the business according to local authorities’ restrictions, there is still a lot of scope for the food truck business in Bangalore.

7. Clothing Boutique Store

Opening a clothing boutique store in Bangalore  is an excellent choice if you enjoy designing outfits.  In this city, there will be no shortage of customers. The clothing and apparel store, in general, sells a variety of products – women’s clothing, men’s clothing, children’s clothing, and accessories are all included.

Boutiques typically sell designer clothing materials, but they may also sell a combination of brands. Micro and macroeconomic forces largely influence the success of this business. 

8. A Software Company

Bangalore, the Silicon Valley of India, is one of the best cities to launch a software company in India. Opening a software firm will be a great decision if you know how to create software and have a team of experts to help your software business reach great heights.

9. Event Management

Event planners are responsible for planning and staging millions of events each year, which include birthday parties, fundraisers, anniversaries, bars, exhibits, product launches, conferences, graduations, reunions, and many more. As a result, event management in Bangalore has a lot of scope.

10. Recruitment Agency

Despite the fact that the city already has a number of manpower hiring organizations, there is still a lot of room for new businesses to come. It would be quite profitable if you start your own recruiting company if you have some experience.

You can select the most appropriate option from the list above, as well as consider other similar possibilities after conducting thorough research about the scope of a certain business in the city.

# Small Business Ideas in Tamil Nadu Villages

Are you looking for ideas to run a successful business in Tamil Nadu villages? Look no further! Rural areas are a great place to start small businesses that would yield profits. 

In India, a substantial chunk of the population resides in rural areas, making it a suitable place to run a successful business. We’ve listed down some small business ideas along with the benefits of running a business in rural areas in this section. 

Continue reading to find out!

Benefits Of Doing Business In Rural Areas (Villages)

As previously mentioned, rural areas are a great place to get your business started. So, let’s look at some of the benefits that come along with it. 

Affordability

Establishing a business in a village is much simpler and affordable as compared to big cities. A city would require a good amount of capital, along with renting/leasing a place to start your business. 

However, in a village, this wouldn’t be the case. You can buy land at much cheaper rates and work with less capital. Also, there’s less competition in rural areas.

Competition Is Less

As compared to urban areas, competition is less in rural areas. A limited number of businesses exist in villages. You just have to make sure that your business aligns with the demands of the customers. Once that is done, there’s nothing that can stop you from succeeding. 

Improves The Economy Of The Village

Small businesses are an integral part of the economy. They employ on a local level, increase the GDP, and generate services in the area where they are located. It creates a positive effect on the overall economy of the village. 

Provides A Good Customer Base

Local communities in villages are very loyal and caring. When you have a product/service that appeals to them, they will come back and buy from you. It creates a sense of a positive relationship between the customer and your business.

Availability Of Raw Materials

If you have a business that runs on the production of goods through raw materials, villages would be the best place for you. You can get a variety of raw materials directly from farmers at much cheaper rates as compared to the market prices. Plus, it helps you establish a good relationship with the community around you. 

5 Small Business Ideas In Tamil Nadu Villages

Now, let’s discuss some of the most popular village business ideas in Tamil Nadu villages. 

1. Grocery/Kirana Store

One of the best small business ideas in the Tamil Nadu village area is to start your own  Grocery/Kirana store . Everyone buys groceries, so having a store with this sort of firepower is bound to succeed. If you’re looking for an easy entry-time business idea, this is a win-win situation for both the customers and you as the owner.

2. Selling Farmers Produce In The Nearby City

Selling farmer’s produce in the cities is an old concept that has been successful in Tamil Nadu. Most villages in India are agriculturally based, and farmers are the backbone of any Agrarian economy. But after the harvest season, farmers often need some extra income to make ends meet for their families. So, a business idea that sells farmer’s produce in urban cities can be a boon for both parties.

3. Transportation Services

Transportation services are among the popular business options in rural areas. People in villages don’t have personal vehicles to move around. There are a lot of places that lack the availability of transportation services, where people often miss out on completing their day-to-day activities. By starting this kind of service, you can ease their burden and make money at the same time.

4. Garments Store

One viable option that never fails! Running a small garments store is the safest business idea if you are not much of a risk-taker. The business model is perfect too. You have customers from all income groups. It’s an easy-going business, and if you have capital, you can get started with it immediately. The main advantage of such a business is low investment and ease of management.

5. Farming Products & Equipment

Farming is among the few business ideas that have constantly entertained entrepreneurs in different geographies and cultures. You can offer a variety of services to farmers in the form of easy farming products and pieces of equipment. These could be seeds, pesticides, fertilizers, and types of equipment that can help farmers produce better results in the field. You can even buy these items from wholesale markets and provide them to the farmers in the village. 

# 10 Best Manufacturing Business Ideas for Rural Areas

Nowadays, business is not only restricted to urban areas but small towns and rural areas too. Rural areas have a lot of opportunities and scope, and because of that, the manufacturing sector has been on the rise these days. 

To start a business there, you do not need high-end infrastructure, detailed paperwork, or advanced equipment. Additionally, it is simpler to start a business in a town where people know each other, and you also require smaller capital and lower overhead. 

Making the most out of these advantages, you can successfully run several businesses. Following are the most profitable manufacturing business ideas for rural areas:

1. Paper Shopping Bags

This can be one of the best businesses in the long run. Since it emerged only a few years back, now is the right time for you to join this market and start your company. The most important thing that will determine the success of your business is the quality of the paper bags. 

If your quality is not up to the mark, your entire plan and process will be a waste. 

2. Candles Manufacturing Unit

Wax provides the fuel required for the flame. Ideal candle wax will allow the candle to burn steadily, last for a long time, give good quality of light, and emit very little smoke. 

Along with that, it also has other responsibilities. It should be strong enough to support the wick and should also look appealing. 

3. Potato Chips

Potatoes are not only consumed as a vegetable but also in other processed forms. Dehydrated potato products can be easily stored and can be used very conveniently. 

Recently, there has been a significant increase in the consumption of potato processed products, such as potato chips, dehydrated mashed products, and other frozen products. Potato chips are popular for being delightful snacks. Their crispness and deliciousness make them a favorite among all age groups. 

4. Spice Manufacturing Unit

India is famous for its spices all around the globe. Depending on the investment capacity, a spice manufacturing business can be started at any scale, small, medium, or large. 

You can start this business from anywhere, even your home. Moreover, you only need one or two varieties of spices to start. Once your business starts flourishing, you can expand it to a full-fledged spice processing company. 

5. Namkeen / Snacks Manufacturing Unit

There has been a huge demand for snacks in recent years. Due to this demand, the  namkeen  business has seen massive growth. Snacks like bhujia, dal mont, and chana-chur are not only popular in India but all across the world. 

6. Detergent Powder

The synthetic detergent powder industry is one of the biggest chemical processing industries in India. This business is extremely profitable in rural areas, and you can expect high returns. 

7. Coolant Manufacturing Unit

An engine coolant consists of several types of glycols and highly formulated and deeply researched corrosive inhibitors. The main purpose of a coolant is to remove the excessive heat produced from the operation. It also controls corrosion and scaling. 

8. Adhesives/ Glue Manufacturing Unit

Using two chemically similar but functionally different formulated products, adhesives are used to create a bond between two products while sealants develop a non-penetrable barrier. These products are used by various industries, such as construction, consumer products, packaging, transportation, labeling, and assembly. 

9. Silver Extraction for Waste Hypo Solution

Electrolytic stripping is the cleanest and easiest way to remove silver from a spent photographic fixer solution. To do the same, you need a small, rotating carbon or graphite anode with a large, stainless steel cathode. The silver extracted from this method has a purity of almost 98%. 

The amount of silver left in the solution is removed by metallic replacement or ion exchange resins. This business requires extensive research and profound knowledge of science. 

10. Non-woven Fabric Bags

Non-woven fabric bags are made up of biodegradable materials, making them eco-friendly. Replacing plastic bags, they are the need of the hour. They have several lucrative advantages, such as they are 100% recyclable, they burn without releasing any toxic contaminants, they are reusable, and they do not require PVC coating or water while being manufactured. 

# 6 Profitable Dealership Business Ideas in India

A dealership is a store that has been granted permission to sell a specific brand of goods. If the proprietor of a business is authorized to sell a specific item, i.e., if they are a dealer of that product, such business is considered a dealership. In comparison to other businesses, dealership business ideas are less risky. This is a business that can be started with a small amount of money. The following are some dealership business ideas in India:

• Make a business plan for your dealership business that will assist you in determining a budget, capital, requirements, management, investment, and other business operations.
• It is critical to properly identify dealers and review their legal documents in order to validate the commercial activities. Also, keep in mind to check licences and permits for security verifications.
• A dealership contract is a document that lays out all of the company’s terms and conditions. Both parties sign the contract after they have read it. It enables small business owners and entrepreneurs to sell the brand’s products officially and legally.
• A small business owner can begin the dealership business after signing the contract. You may promote it on social media channels as it will help you in expanding the business more quickly.

Let’s take a look at some of the popular dealership business models in India. They are as follows:

1. Dealership Business in Food Items

It is a well-known fact that food has always been in demand and will continue to be so in the future as food is a basic need. Starting a dealership in food is thus extremely beneficial as you can get a dealership in a variety of food things, such as grocery items, snacks, beverages, and bakery items. Consumers require household products on a daily basis. 

2. Dealership Business in Organic Food Items

Organic foods are becoming more and more popular among a growing number of people, and the organic market is flourishing. This creates an ideal market opportunity to begin a dealership business in organic food. Many firms and brands sell organic products and foods, so you can identify the dealers with the largest market demand and sell their items to them, increasing your company’s revenue potential and profit margins.

3. Dealership Business in Automobiles

The automobile business can be a great idea because it is in high demand and is highly profitable. The fact that so many businesses are related to automobiles is something to consider. You should be well-versed in retail parts and accessories so that you can sell parts or accessories of vehicles, and other similar things. Vehicles require maintenance and repair on a frequent basis. 

4. Dealership Business in Health Care and Beauty Products

From the comfort of your own home, you can start a dealership in personal care and beauty items. It is one of those low-cost, high-profit business ideas. You can get a dealership for a variety of beauty and health products, such as cosmetics, healthcare products, specialised brands, personal care products, and so on.

5. Dealership Business in Jewellery 

A jewellery business is a small-scale enterprise that you can start from the comfort of your own home. There are numerous major jewellery brands with which you may affiliate your business, and you can obtain a dealership to sell their products. To recognize and understand jewellery pieces, you must have the necessary knowledge of jewels, polishing, purity, and so on. 

6. Dealership Business in Furniture 

You can select particular furniture items and narrow down the characteristics according to the demand.  Small business owners can acquire dealership services from a number of dealership businesses. Customers’ needs can be met by choosing furniture that is lightweight, multipurpose, and stylish. It is a profitable business idea.

You can choose from a variety of best dealership business ideas, including furniture, textiles, health care, and beauty items, and food, to name a few. A dealership business can be created with minimal effort. When compared to other small businesses, dealerships are deemed profitable. Starting a dealership business broadens the company’s reach and clientele. It also boosts the company’s sales and profit margins.

# Home Based Business Ideas in Kerala, India

With the present situation of Covid-19, there has been an increased trend seen in people pursuing their careers and business through home-based business ideas. Home-based businesses require very little or no capital investment and are considered good opportunities for working couples, mothers, or retired individuals.

In this article, you’ll find some unique and easy home-based business ideas, more relevant in the Kerala, India market.

Benefits Of Doing Business In Kerala

Are you thinking of setting up a business in Kerala? Then you might want to consider these benefits.

Greater Digital Presence

Greater digital reach is vital to any business, as it gives you the ability to reach your target audience with much more precision. Kerala has a higher digital reach rate than other states of India. A higher digital reach means more people can potentially know about your products/services with ease.

High Literacy Rate

Kerala is famous for its high literacy rate. And this means there are lots of qualified and well-informed people who can work in small businesses. There are plenty of better-educated and better-trained candidates in Kerala, which means you can find better employees.

Affordable Property

In comparison to many other states in India, Kerala is very affordable for shops and property. It is an ideal place to start a small business that requires little rental space. 

Low Cost Of Operations

Like many other small businesses, having a lower cost of operations will mean you have more profit left over at the end of each month to reinvest. The cost of running a small business in Kerala is relatively low, and because it’s a local business, there’s no need to worry about import/export taxes. 

Well-Developed State

The state of Kerala has a very well-developed transport system that makes it easy to travel across the country. It also has many airports and ports that make it well-connected to the other parts of India. Hence, helping you in running your business smoothly. 

5 Home-Based Business Ideas In Kerala, India 

Now, let’s get into the home-based business ideas you can start in Kerala. 

1. Home Cooking Services

What if you could make money by serving as a personal chef or caterer in your spare time? If you can cook well, then you can start up a home cooking services business. All you need to do is stock up on the essentials and promote your business either through online mediums or by spreading word of mouth. But keep in mind that you don’t compromise on the quality of the food. 

2. Beauty Parlour At Home

If you have the right skills, you can start a beauty parlour in your home without any investment. Starting your own home-based beauty parlour will enable you to work for yourself and would also help you earn a little extra. It could also become a whole business model if you keep on satisfying your customers with your quality products/services. 

3. Candle Making 

Candle-making at home is an effective way to supplement your income. And yes, it’s possible to run a successful candle-making business that’s based out of your home, and it’s not as difficult or time-consuming as you might think. If you are really willing to enjoy your work and put in the effort, candle-making can make you money.

4. Artificial Jewellery Making

Making artificial jewellery at home turns out to be quite an interesting and rewarding business idea in the global market. If you have a knack for creating jewellery from scrap material, you can make artificial jewellery at home. With artificial jewellery making, you can turn something cheap into something that looks expensive. Nowadays, there’s a huge demand for certain types of jewellery, for example, jewellery made with clay seems to be trending a lot. 

5. Bag Making

People are becoming more environmentally conscious now. There’s a big demand for natural products like Jute bags instead of leather bags. So, you can take advantage of this possibility where you can start a home-based business of making jute bags. It could be a rewarding business. One very nice part about making jute products at home is that you can do it in a way that’s focused on your own artistic abilities. This way, your products will carry a unique identity in the market, leading you to generate more sales. 

# Best Business Ideas in Odisha Village

Odisha generates most of its income through agriculture, which is now slowly transitioning towards the business sector. Other well-established industries that contribute substantially to the state’s economy are manufacturing, mining, gas, electricity, water supply, and construction. The Gross State Domestic Product (GDSP) is estimated to be Rs 5,86,000 crore in 2021-22, making it one of the best places to start a business. 

From tourism, hotels and restaurants, transportation to insurance, and other financial services,  businesses can prove to be profitable in Odisha. Following are the top business ideas in Odisha village:

1. Candle making

This is one of the best small-scale businesses. Traditional white candles, scented candles, decorative candles, there is a high demand for all types of candles. Since the raw material is readily available in the local markets, this business does not require a lot of investment. 

With the right knowledge and skills, you can start this business from anywhere, even your home. Contact multiple gift shops, wholesalers, grocery stores, or any place with a high demand for candles. Sell your candles locally in the initial days and at a lower price than your competitors. Once you have developed some good connections in the market, increase your rates. 

2. Cashew Nut Processing Business

Odisha is known for its cashew production, and therefore, there is a high demand for cashew nuts in the state. Cashew nuts offer numerous health benefits, and this is another reason for its increased demand. Before you start this business, make sure to understand the market. Cashew nuts are not consumed raw, so they need to be processed appropriately. 

Depending on the availability of raw materials, choose the location where you will start your business. Since the demand for cashew nuts is more than the supply, this business can help you gain a massive profit 

3. Jute Bag Making

This is another profitable business idea. Since jute is used to make many items, such as bags, chairs, and tables, it is an essential part of day-to-day life. Odisha is the third-largest jute producer in India. The raw materials required for this business are easily available in the state. 

This business takes a small investment, but you can earn well with the correct planning and proper execution.   

4. Solar Energy Business

With a tropical climate, Odisha is extremely hot throughout the year. Using solar energy, you can easily supply electricity at a very affordable price. This business is already considered one of the most profitable across India and is operating successfully in many states, such as Punjab. 

As more and more states are adopting this method, its demand will be high in the future as well. With a low investment, this business offers high profits. 

5. Handicraft Business

Odisha is worldwide famous for its handicrafts, and this is one of the best ways to make some money. The most famous handicrafts in Odisha include terracotta and pottery, silver filigree, horn works, tribal jewelry, brass and bell metalware, stone and wood carvings, golden grass and cane work, and puppets.

Start by selling your products online. You can also get in touch with exporters, collaborate with them, and make your brand international. Once you have gained some name in the market, you can expect an increased demand and high returns. 

Boasting several temples, relaxing beaches, scenic beauty, wildlife sanctuaries, magnificent waterfalls, and historical places, Odisha has a lot to offer. Despite being an ideal holiday destination, the tourism industry in Odisha is lagging and does not have proper facilities and arrangements for tourists. 

You can become a tourist guide, a housekeeping director, an executive chef, or a tourist photographer. These business ideas require low investment and give you an opportunity to interact with new people, explore different places, and learn something new every day. 

7. Food Delivery

Apart from Bhubaneswar, the food delivery system in Odisha is not very satisfactory. You can start this business by making a list of all the areas you want to cover and then make some contacts there, get in touch with well-known restaurants and hotels. 

You can also develop a food delivery application to strengthen your online presence. Once you have done all that, make sure your service is up to the mark. 

# New Agricultural Business Ideas in India

Agriculture is vital to the overall prosperity of an economy. Agriculture is the foundation of India’s economic system. Agriculture gives employment possibilities to a huge percentage of the population in addition to providing food and raw materials. Many agriculture-related business concepts are emerging now. While some farm businesses demand low investment, others require a medium to a large amount. In this article, we will discuss some of the new agricultural business ideas in India. 

1. Production of organic fertilizers

Manufacturing organic fertilizer is one of the agricultural-related business opportunities that an entrepreneur can easily establish. The manufacturing of vermicomposting, or organic fertilizer, has become a household industry. It does not require a large investment and is simple to start with a basic understanding of the manufacturing process.

2. Start a retail store that sells hydroponics

Hydroponics is a relatively new plantation technology that has grown in popularity in recent times as a soil-free method of plantation for both commercial and domestic use.

3. Beekeeping

The demand for honey is steadily increasing as people become more health-conscious. Beekeeping has become a lucrative business option. This business necessitates constant monitoring and supervision of the bees on a daily basis. Honey beekeeping in India requires minimal capital, incredible care from workers, and a strong bond between the beekeeper and the honey bees.

4. Production of fruit juice

Starting a fruit juice manufacturing company can be a lucrative and rewarding investment. The business necessitates careful preparation and big capital investment. The usage of packaged fruit juice is fast expanding. This business has great market potential. When launching this business, hygiene, taste, and fruit quality must all be considered.

5. Portal for grocery shopping

People now consider it useless to spend hours buying groceries on a daily basis, thanks to technological advancements and E-Commerce. They prefer to have products delivered to their homes. Therefore an E-shopping platform that delivers groceries is a profitable business.

6. Agriculture consultancy

Agricultural consultants offer guidance on how to best use and maintain agricultural land. They usually specialize in either business or technical competence; business specialists assist agricultural landowners on financial difficulties and commercial strategy, and the technical specialists look at how to make the best use of the land. You can start an agriculture consulting firm if you are an expert in a specific field of farming. Farmers want expert guidance at various times. Thus this business is growing more and more.

7. Processing of spice

Both locally and internationally, organic spices are in high demand. The processing and packaging procedures are simple and can be started with a small amount of money. It is a profitable business in India. Some of the machinery that you would require- a disintegrator, packaging machine, spice grinder, pouch sealing machine, weighing scale, etc.

8. Certified seed dealer 

Seed certification is a quality control process in which seeds are tested and checked in accordance with established procedures. In layman’s terms, the system verifies that the seeds that are packed for selling to the consumers or retailers meet the standards of a certification plan. Starting a company that only offers certified seed is a very profitable business in today’s times as adulteration has increased.  There are a few formalities that you will need to complete in order to start this business. 

9. Herbal medicine farming

Herbal medicinal farming is becoming increasingly popular around the world. The herbs also have high export potential. You can start growing medical herbs if you have sufficient area and a thorough understanding of the herbs. Before you start your business, you may need to obtain certain government permits.

10. Dairy farming

One of the most profitable agriculture-based business ideas is commercial dairy production. While doing this business, hygiene and quality should always be kept in mind.

# Best Business Ideas in Bihar Village Area

Bihar offers unlimited opportunities for small and medium-sized businesses. Known for its agricultural sector and livestock farming, Bihar is a leading manufacturer of pulses, electrical goods, Masur, shoes, and cotton yarn. 

Along with that, Bihar also has one of the best fishing grounds in the country and is extremely rich in cattle population. The state has over 90,000 weavers and is well-known for its silk. Bhagalpur, Nalanda, Siwan, Patna, Gaya, Madhubani, and Darbhanga are some districts of Bihar with a strong cluster of traditional handlooms.

Following are the best business ideas in Bihar for a profitable future: 

1. Beauty Salon

This is one of the best and highly profitable business ideas in Bihar. In recent years, the beauty market in Bihar has witnessed tremendous growth. There is a great demand for fancy salons in several areas of Bihar. Before you start this business, you need to keep a few things in mind. 

The location of your salon should be busy and easily reachable. You should have the required skills and expertise to succeed in this field. This business idea requires an investment of around 1,00,000 INR to 1,25,000 INR. 

2. Computer Training Institute 

Bihar’s literacy rate is going up. This has led to an increased demand for some great computer training institutes. Establishing an institute with computer courses can be a great investment. Ensure you have deep knowledge and understanding of all the programming languages, operating systems, and coding. 

You can also hire some instructors for advanced courses. You can even partner with various schools and colleges for better results. The investment required for this business can go as high as 3,00,000 INR but you can expect high returns. 

3. Wheat Processing

Also called  chakki , wheat processing is another profitable business idea in Bihar. To start this business, you just need an appropriate location and a grain processing machine. You will get this machine at a very affordable price, and it is quite easy to install.  

Contrary to popular belief, this business is very profitable and exceptionally easy to manage. There are limited risks, and you require a low investment of 1,00,000 INR. 

4. Fish Farming

If you are planning to shift to Bihar, then the fishery business can be a great opportunity for you. Bihar has more than 9,00,000 acres of wetland, and the fish farming sector is emerging rapidly in the state. 

Bihar has a number of aquatic resources, be it ponds or tanks. Even the Bihar Government is offering financial requirements to open more ponds. With the government’s support, you can expect your fishery business to flourish. 

5. Cafes and Restaurants

Opening up a cafe or restaurant outside schools, colleges, offices, or in any other crowded area is a great idea. You might require a lot of investment to get your cafe and restaurant running, but after offering excellent service and delicious food, you can count on high returns. 

The investment needed for this business can range between 5,00,000 INR to 7,00,000 INR. You also need to remember that this business will start to profit you only after a year. 

6. Renting Agency

This is not only one of the most profitable business ideas in Bihar, but also one of the easiest. Once you have started, you will find more and more opportunities every day. You can rent things on a daily, weekly, or monthly basis. 

You can rent out anything from party items, clothes, bikes, cars to toys, books, and furniture. The investment required for this business usually depends on what you are going to rent. You can expect it to be between 5,000 INR to 10,000 INR. 

7. Transport Business

This can be another profitable business idea for young entrepreneurs. It is not expensive, and you need only 2-3 vehicles to begin with. You can either transport food, vegetables, milk, other food items or provide cab and bus services to locals.

Depending on the type of vehicle you will be using, the investment will range between 3,00,000 INR to 5,00,000 INR. 

8. Xerox and Printing Shop

This is a great small-scale business in Bihar. The most important thing to keep in mind before starting this business is the location. This business can be really promising if you open your shop near a college, school, or government office.

With an investment of just 1,00,000 INR, you can expect this business to pay you handsomely.  

# 8 Small Business Ideas For Men

There are so many people who  dream of starting their own business . It becomes difficult to decide on one when you have so many options. It is very  important to choose the right business  idea. You might not fit in all the businesses. Which business idea is best for you, can be  decided on the basis of your skills, capital with you, your abilities, etc. once started, you should be ready to face whatever comes on your way.

If you have the confidence and capital to set up your own business then here are some business ideas for you:  

1. Travel Agency

• Tourism has gained a lot of popularity  in the present time. It has a considerable share in any country’s GDP. India being such a diverse country attracts many  tourists from all over the world.  India is not only geographically diverse but is also culturally diverse. Its the origin of many religions and has so many  UNESCO sites, biodiversity , etc. these are the reasons why it attracts a lot of tourists. 
• The Indian government also, therefore, comes up with so many  schemes related to tourism . We have a  ministry for tourism  to look into all tourism matters. India experiences  millions of foreign tourists  every year and even domestic tourists keep travelling from one state to another. These are enough to show the  importance of tourism  in India.
• When you have such a  big number of target customers  then don’t you think that opening a travel agency would surely be a great business idea for you. Although there are so many agencies already available in the market this doesn’t mean that there is no scope for the new ones.
• Use  social media to market your agency . Differentiate yourself from others to attract more customers, for example, you can include local or natives tour along with the main tourist spot. Try to  give a better experience . 
• You would have to work on so many things like  office place, tourists place you offer, type of tourism, charges,  etc. and other  necessary legalities . 

2. Photo Studio

• If you have done a  photography course  then this is the best business idea for you. Not every person with a camera is a photographer. It requires very  fine skills to become a good photographer . If you have such skill then this is surely for you.
• You can start it with  less investment  also. If you don’t have enough capital to invest you can take a small business loan. Many a time its the savings or the  financial help from family  which comes to rescue in such a scenario. 
• If you don’t have enough money to rent a place for your studio then you can  start in your home  as well. Later on, after collecting enough capital, you can grow your business. You can do a  wedding photoshoot, nature photography  etc.

3. Retail Stores

Retail stores are the option  available for everyone . But in this also one should have a  basic knowledge of the products.  For example, if you are planning to open a  clothing store  then you should have the knowledge of the different  type of fabrics like silk, cotton, chiffon, georgette etc . similarly you can start a  grocery store, hardware store, mobile store, etc.  

4. Consultancy Service

If you have the experience to guide people and help them in taking decisions then it is the best business idea for you. All you have to do is to be an  expert in any particular field.  You can be an advisor to a company for experience and then you can start your own consultancy service.

5. Aquarium & Fish

Pets have become humans companions. We can find a pet with almost everyone today. Even you can start a pet shop and to begin with, fishes would be the best option. You can keep  goldfish, fighter fish etc . also keep the other accessories. Slowly you can start keeping other  pets like rabbits, birds, cats,  etc. make sure you take good care of the pets so that you don’t have to face loss. 

6. Nursery & Garden Requirements

A nursery is the best business idea if you have  knowledge of plants  and if you can maintain the plants well. You can keep all types of plants along with the other garden requirements like pots. You can  grow plants in your land  by yourself and then sell it when it is ready or you can even  outsource the plants .

7. Party Services

Parties are something which happens in all seasons.  Wedding party, birthday party, anniversary party , etc. one can not run short of orders in this business. You can start your party service of the lesser budget in the beginning. Later on, you can grow it with the profit you earn. 

You can add  decorations, catering  etc in your service. You would have the scope of turning your business into a wedding planning business.  

8. Address Verification Service

Address verifications are required by many companies like a  bank for loans, credit cards  etc. if you want to start a low budget business then this would be the best option for you. You can start it from your home. You can tie-up with some companies and hire help if required.  Google map  would be a great help for you in this.

People have become very  conscious about their health . Nowadays with 9 to 5 job people hardly get time to take care of their health. This is the reason why there are  so many gyms found in the same area .

If you are a trainer or if you know a trainer who can work for you then you can open a gym of your own.  Locate a place for your gym and take it on rent, buy all the required types of equipment, decide on timings, work on the interiors,  these are some wor which you need to do before opening a gym.

10. Employee Background Checks

• Big MNCs hire people from all the possible location but they themselves can not verify employees background. Therefore they outsource it to other companies. Different companies in a different location. 
• You can also tie-up with such MNCs like TCS, Genpact, and do  employee background checks  for them. 

These are some of the  business ideas which you can start with less capital  also. Although it is not that difficult to start a small business like these which are mentioned above but running them successfully is really challenging. 

The main hurdle in running a business is managing the accounts but you would be happy to know that  accounting software   like Vyapar is there to help you and make your work easy and fast.

# 7 Small Business Ideas For Housewives

Gone are those days when only men were into business. Now we can find many  women entrepreneurs . LFPR (labour force participation rate) of women in India has been improving. We can find  women in almost every sector . Be it defence, engineering, medical or any other sector – women are everywhere.

When we have women in every sector then why businesses are left behind. When women do business, it makes them independent.

If you are also one of those women who aspire to be independent and want to start your own business then here are some ideas for you: 

1. Daycare Centre/babysitting

• There are many  working couples in urban areas . It becomes very  difficult to maintain both the house and work  for working parents. They find it very difficult to handle the child as most of the families are  nuclear families . This is the reason why the concept of daycare or babysitting has gained popularity these days. 
• Women are generally believed to be caring in nature, therefore, parents look for  women for babysitting . If you are also one of those women who love children and don’t lose your patience in handling children then this would be a  perfect option for you .
• In this case, you have many options, if you have very little capital and you don’t want to do it on a large scale then, in the beginning, you can go to the parents’ place and do  babysitting . With this, you would  gain experience  as well and then you can  open a daycare centre . But if you have enough capital and you are confident enough to handle the daycare centre then you can do it. You would have to  check the legalities  for this. You can even  join a daycare as an employee .

2. Beauty Parlour

• Although fashion is not just about women but still when we hear words like beauty, fashion, parlour, etc. we always imagine women. Even women like dressing herself and look beautiful not because of any pressure but because she wishes to and she likes to do so. 
• If you have a  passion for fashion  then having your boutique or a  beauty parlour is just the right business opportunity for you . You would have to do a  beautician course  for this. After that, you can  work in some other parlour to get experience  and learn things better. Once you have gained enough experience and collected enough capital then you can go for opening your beauty parlour. Keep in mind that this needs a lot of experience as one negligence can do blunders in this profession.

3. Tiffin Service

• We have a variety of foods in India and we all have got different preferences. These days due to work  many people are forced to move to different cities . Many youngsters who are either in college or are working leave their homes and move to different cities for better opportunities and career growth. They hardly know cooking and therefore are forced to eat food from outside be it a mess, hostel or restaurants. Even if they know cooking it is difficult to prepare food every day. There is no doubt in it that they  miss homemade food .
• If you  love cooking and have got expertise in it  then starting a  tiffin service would be the right small business idea for you . You can  begin it from your home  as well. Even if you start with  20 tiffins or 15 tiffins  it won’t be a bad start. You need to get your  paperwork done for your business . Get all the  clearances including fire.  Once started you  won’t run short of customers . 

4. Handmade Craft

• The things which are found hardly indeed have great importance. There was a time when people used only  handmade things  including clothes. One can not forget the use of  charkha which Gandhi Ji taught us . But as the technology has taken over we have shifted to machine-made goods. Therefore the hand made crafts have become rare and people hardly find it.
• It is sad but true that lots of people have moved away from our tradition and culture but still, they somehow try to be close by  buying hande made crafts  or the traditional things if not make them by themselves.
• We have seen a lot of  bamboo work, hand made clothes, crafts, etc.  these needs  too many skills . Not everyone can do it. Some people who have such skill and  follow their tradition, they make it their profession . For example, we can still find  diyas, kulhads (things made from mud)
• If you also have such skill then you can start your own small  business of hand made crafts.  Believe or not you  won’t face loss in this if managed properly . You would find several customers as  people are very fond of such things . You can also  sell your products online on Amazon, Flipkart or other e-commerce websites.

5. Tutoring

• Women are seen as  soft-spoken, polite and understanding  as she is considered to be  more patient . Many students and even parents  prefer female tutor . One sends their children for tuition only when they think that  studies in school are not enough or the child is a slow learner  or they want their kids to be ahead in class.
• If you  like teaching then this is the best option for you . You can either start  tuition classes at your home or you can start with home tuitions  at the beginning for the experience. You can search  students in your locality  or you can  register yourself as a tutor on any website . There are many websites available for that, for example,  Flipclass. 
• It would be better if you teach  primary kids in the beginning . Mostly tuition classes are of  1 hour or a maximum of 1 and a half hours.  You would be  paid on an hourly basis or monthly basis  whichever you find comfortable. Make sure you  feel responsible towards the kids  as it’s about their future which shouldn’t be mishandled.

6. Cookery classes

• Today  social media is the best platform to showcase your talent . If you  know cooking well then you can start your cookery show . You can record your video and  post it on youtube, facebook, Instagram . You can create your  youtube channel  and upload your classes there. But you have to  be regular  in this. Make sure you give your viewers  different recipes  and it should be  appealing  as there are already so many available. This you can do in the beginning.
• Later when you would have got confidence and would have collected enough capital then you can start your  classes in a particular place . You would need  proper infrastructure  for it so think before you do anything or decide anything.

7. Jams, Pickles, and Sauces

• Although we have so many options available in the market still most of us do not get satisfaction with the  pickles, papads, chakli  and other things. We still prefer  homemade items . 
• If you have such skill then you can start your small business with this. You can find a  seller for your products  or you can even sell it directly in the market, whichever you find comfortable. Make sure you  don’t compromise the originality for profit  otherwise you will face loss. Do  marketing on social media  and  make your business a brand . 

These are some of the small business ideas for women. You can choose yours according to your interests and skills.

According to your skills, interests, and expertise, you can run any of these small business ideas in villages, rural areas. All you need is an idea with potential, some research, awareness of the resources available, and a well-planned marketing strategy. Vyapar offers you several financial services to help you start your own business, allowing you to run your business smoothly.

Frequently Asked Questions:

# which business is best in small towns in india.

While the idea of ​​every small business is not right for all cities, some types of businesses do well in small cities or according to demand in locations of all sizes. If you have an entrepreneurial spirit, but to be sure how best it is, consider these ideas to start a small business.

• Coffee shops
• Clothing store
• Fruit and Vegetable shop 
• Grocery Store
• Auto repair shop

# Which business is best for the Village area with a small investment?

These are some business best for village area with the small investment:

Small scale industrial manufacturing units:-

• Agarbatti Making
• Paper Cup Making
• Banana Wafer Making
• Ginger Garlic Paste Making
• Hair Band Making
• Papad Making
• Packaging products
• Paper bag Making / Disposable bags
• Handmade candles
• Bedsheet With Pillow Cove
• Bridal Store
• Coconut Based Business

# What are the most successful small businesses?

Some businesses are inherently more profitable than others. This can be due to low expenses and overheads or businesses charge too much for their services or products. Nevertheless, all businesses, however profitable they may be, can become a challenge. If you desire to run the most successful and profitable business, then the following 10 most profitable small businesses like; 

• Catering services
• Website Design
• Courier Services
• Mobile shop
• Hairdresser Services
• Cleaning Services
• Online Tutoring
• Marketing Services
• Legal Services
• Gardening, etc.

#  What business can I start with 20k?

Starting a business is not about ideas. It’s about making ideas happen but aspiring founders often find themselves struggling with conflicts and ideas – before they join the hustle. It requires extreme determination and confidence, but you need to be very clear about your business idea before you step into the entrepreneurial field. To make the hustle easy, a list of profitable manufacturing business ideas has been prepared that you can start with little investment.

• Incense sticks (agarbatti)
• Designer lace
• Handmade chocolates
• Cotton buds
• Disposable plates and cups
• Paper bags,etc.

# Which is the best franchise for rural area in India?

Here below you will read which are the 10 best franchises for small towns in India:-

• Luman Industries Limited
• Himalayan Range
• Reliable Accessories Pvt Ltd
• Max Food Products
• Brainy Bear
• Gayatri Electric Vehicles
• Vedic Herbal Group

# Which business is best after lockdown?

COVID 19 has caused a huge loss of businesses and people losing their jobs due to the massive economic downturn. We can’t wait without doing anything. Therefore, we have to become more aware, decisive, proactive and thoughtful about the occupations that can begin at home during lockdown for undergraduate, working-class or post-retirement students. Some of the smallest business ideas to be launched after lockdown are described below: 

• Selling Healthcare Products
• Doorstep Delivery Business
• Food Delivery or Tiffin Service
• Online Tuition Classes
• Becoming a YouTuber

# What business can I start with 5000 rupees? 

Small Investment Business Ideas – Today you will find a large number of young and dynamic people who are looking for small business ideas. They want to quit their 9 to 5 jobs and start their own business. However, they are running out of business ideas and money. To help them, we are here with small business ideas ranging from Rs.5000 to Rs.5 Lakh.

These are some small investment business ideas for rural areas with small investments in India worth Rs. 5000. 

• Mobile Recharge & SIM card selling
• Breakfast Shop, etc.
• Vegetable or grocery shop

# Which business is most profitable in rural area?

Here are some most profitable business in rural areas that requires low investment:-

• Home Cooking Services
• Paper Shopping Bag
• Candle Making
• Potato Chips
• Jute Bag Making
• Beauty Parlour
• Handmade Craft
• Cookery Classes

# How do villages make money?

7 Most Successful Village Business Ideas To Make You Rich:-

• Roadside Tea Point
• Pharmacy/Medical Store
• Retail Store
• Poultry Farm
• Dairy Supply

# Which is the major business in rural areas?

As you know, about Something 75% of India’s population lives in small towns, villages and cities, so you have a lot of new opportunities to do business in these areas. Agriculture is the main source of income in rural areas in India. Most of the profitable businesses that exist in rural areas are related to agriculture.

# What business are trending now?

Some successful business ideas explained here for you:-

• Web Designer
• Wifi Installation Company
• Mobile wallet payment solution
• TV Ad Specialist Company
• Mobile Ads Specialist for Businesses
• Biometric Sensor Company
• Drone Delivery Company
• Social Impact Investment Funds
• Cheap Home Solar Energy Setup Company
• Inventory Management for E-Commerce

# How can I start a zero business?

Here are some businesses you can start with zero investment:-

• Start Blogging
• Freelance writing
• Become an Online Seller
• Start Recruitment Firm
• Sell Your Service Online
• Become a Re-seller

# How can I earn money in home?

Here are some ideas to earn money in home:-

• Pet Sitting
• Online tutoring service
• Sell consulting service
• Launch online store
• Create online course
• Babysitting
• Sell your own stuff online

# Which business is profitable in Maharashtra?

Here are some of the best business ideas for Maharashtra with low investment and high profit making. Bookstore business Academy of Dance and Music Grocery Store Textile business Organic fruit and vegetable shop Recruitment firm Mobile Repair & Recharge Shop Fast food center Tourism business Real estate agent

# Which business is most profitable in Rajasthan?

Some most Business Ideas in Rural Areas in Rajasthan:-

• Pet Bottles Production
• Distributing Buffalo Milk
• Writing for a blog
• Air Bubble Packaging
• Goat Farming
• Little Gym Or Fitness Center

# What is the best business for part-time?

Here are 15 part time business ideas that will surely inspire you.

• Create social media posts for businesses
• Offer Your Services as an Independent Personal Assistant
• Provide pet services
• Start a cooking or baking business
• Clean house or business
• Provide personal training services
• Start a repair business
• Provide virtual assistant services

# What is the best business to start in Uttar Pradesh?

Here are some Best Business Ideas In Uttar Pradesh(U.P.)

• Fashion design institute
• Export of vegetables and fruits
• Traveling agencies
• Placement agency
• Laundry Supplements Manufacturing Business
• Animal feed production business
• Leather garments business
• Easy soap making
• Worm compost natural fertilizer manufacture

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Small enterprises, big dreams: Empowering women to drive India’s entrepreneurial journey

June 27, 2024.

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Sayanika Deka, CEO of IndiMeat, knows the power of protein. Driven by a personal need to find quality protein products for her father battling dementia, Sayanika co-founded IndiMeat in 2022. Their innovative solution? Ready-to-eat meat protein bars, made with a focus on sustainability and easy digestion.

Sayanika is one of many women entrepreneurs being empowered by the UNDP-Villgro ‘Empower Her Journey’ Programme. This four-week virtual program equips women entrepreneurs across India with the skills they need to thrive.

Why Empowering Women Entrepreneurs Matters

Women entrepreneurs are economic powerhouses. Studies show they have the potential to create millions of jobs and significantly boost India's GDP. Yet, social barriers and limited access to education, capital, and networks hold them back. The 'Empower Her Journey' program bridges this gap by providing crucial training in business and digital transformation.

Since its launch in October 2023, the program has supported hundreds of women across various sectors, from climate and agriculture to healthcare and handicrafts. The program offers a unique blend of training modules, fireside chats with successful entrepreneurs and technical sessions with industry leaders. This holistic approach equips women with the knowledge and connections they need to succeed in today's digital world.

From Vision to Reality: Sayanika's IndiMeat Journey

Sayanika's background in agricultural research and her experience working with entrepreneurs perfectly positioned her for IndiMeat's success. However, it was the 'Empower Her Journey' program that truly propelled her vision forward. The program provided her with the tools and network to navigate the challenges of scaling a business. IndiMeat's impact extends far beyond nutrition.

Through partnerships with government slaughterhouses, Sayanika has empowered 40 farmers, half of them women, from the Karbi tribe in Assam. These partnerships have resulted in a 30% increase in their average income. Additionally, IndiMeat provides training on sustainable farming practices, fostering a holistic approach to community development and women's economic empowerment.

For Sayanika, the program wasn't just about learning; it was about taking action. She diligently implemented the skills she learned, from developing a robust business model to mastering digital marketing techniques. Now, with IndiMeat poised for further growth, Sayanika is eager to connect with potential supporters and collaborators.

Beyond Business: Empowering Diverse Changemakers

The program empowers women in a variety of sectors. Geetika Mehta, another graduate, tackles a different challenge: creating dignified livelihood opportunities for Persons with Disabilities (PwDs) through her venture, Atypical Advantage (AA). Having relocated to India to work with marginalized communities, Geetika co-founded AA, India's leading livelihood platform for PwDs. Their approach is simple yet powerful: focus on the strengths and abilities of individuals, not their disabilities.

Driven by a desire for structured learning, Geetika joined the program to hone her entrepreneurial skills. "The program helped me connect my personal and academic experiences, validating everything I was already doing," she says. Through AA, she has pioneered inclusive practices, organizing workshops and events that raise awareness and acceptance of PwDs in workplaces. AA has successfully generated livelihoods for over 3,000 PwDs, and their Atypical Academy equips them with essential skills for a more inclusive workforce.

Building Together: The Power of Networks

Debika Mukherjee, based in Bhubaneshwar, witnessed firsthand the challenges faced by farmers and women's self-help groups (SHGs) in India's rural sector. In 2019, she founded Divavi Enterprises - Gaaon ka Bazar to bridge the gap. This e-commerce platform connects farmers, SHGs, artisans, and weavers directly with consumers and institutions, offering a fair and transparent marketplace.

Collaborating with over 250 farmers, SHGs, and artisans, Debika recognized the need to expand her business knowledge. The 'Empower Her Journey' program provided the missing piece, equipping her with essential business, digital, and impact tools. Debika's community-focused approach, along with her dedication to understanding the unique needs of farmers, sets Divavi apart. The program's peer network also proved invaluable, reinforcing Debika's belief in the power of women supporting women in entrepreneurship.

For Sayanika, Geetika, Debika, and many other women entrepreneurs, the 'Empower Her Journey' program is more than just a training program; it's a catalyst for change. It's about empowering women, building communities, and creating a more inclusive and thriving economy.

“Villgro’s objective with Empower Her Journey is two-fold. Firstly, it provides a platform for us to share our decades of learning in fostering entrepreneurship and technical assistance, customized to cater to many women entrepreneurs across India. Secondly, this initiative also helps Villgro drive our strategic goal of increasing the participation of women in the workforce by contributing towards upskilling women entrepreneurs in digital and business skills. We are grateful to have collaborated with a similarly aligned partner like UNDP, to support 1600 women entrepreneurs scale their enterprises”.

“In the programme, I learned about mapping psychographics of customers and using digital tools for marketing. Using these concepts and taking inspiration from my peers, I created short informal educational videos for our farmers internally to bring forth the personal engagement angle while delivering bite-sized content.”

“I greatly benefited from the Virtual Fireside Chat sessions that the Empower programme organized. Listening to the journeys and experiences of other women entrepreneurs brought practical first-hand information and helped me gather ideas to implement in my own workplace.”

“The programme provided me with an in-depth knowledge of everything that an entrepreneur should know about to successfully run their business. Through the training, I was able to learn the nuances of finance, fundraising, digital marketing, and impact measurement."

• MSMEs: The Backbone of India's Economic Future

• Team India Blogs

Micro, small, and medium enterprises (MSMEs) are one of the driving forces propelling the Indian economy towards global greatness. As per the Udayam portal, MSMEs employ over two crore people, firmly establishing themselves as the bedrock of the economy. 

Aided partly by supportive and reformatory government initiatives and technological innovations, the MSME sector has grown exponentially, accounting for ~46% of India’s total exports.

What government initiatives have supported MSME growth in India?

To support and foster MSME, the Ministry of MSME has launched and implemented various schemes offering credit support, new enterprise development, formalisation, technological assistance, infrastructural development, skill development and training, and market assistance to MSMEs through initiatives like: 

• Udyam Registration Portal The government notified composite criteria for classifying an enterprise as micro, small, and medium based on investment and turnover. To ensure conformity to the new criteria and enhance the ease of doing business, the government launched the Udyam Portal to facilitate the permanent registration of MSMEs. There is no registration fee, and an enterprise is issued a digital certificate based on self-declaration. The Udyam certificate enables MSMEs to access several government initiatives such as:
• Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) The CGTMSE, operational under the Government of India and the Small Industries Development Bank of India (SIDBI) , offers credit guarantees to help MSMEs access bank credit without the hassles of crushing collaterals or third-party guarantees. MSMEs can access collateral-free loans up to INR 5 Cr, with a guaranteed coverage of up to 85% for multiple loan categories under CGTMSE. The scheme has covered over 67 lakh beneficiaries in the first 22 years of its existence and has had a positive impact on six major areas in the MSE sector, viz., technology upgradation, skill degradation, market development, sustainability of the scheme, economic impact, and social impact. During January-November 2023, 12.50 lakh guarantees were approved, amounting to INR 1.46 Lakh Cr.
• The Prime Minister Employment Generation Programme (PMEGP) Established to create employment opportunities for MSMEs in India, the PMEGP provides loans and working capital — INR 25 Lakh for manufacturing and INR 10 Lakh for service sector MSMEs  — through bank disbursal. The scheme is implemented at the national level by the Khadi and Village Industries Commission (KVIC) and at the state and district levels by State KVIC Directorates, State Khadi and Village Industries Boards (KVIBs) , District Industries Centres (DICs) , and banks. Since its inception in 2008 and until 30 November 2023, over 9.29 Lakh micro-enterprises have been supported across the country with the disbursement of a Margin Money subsidy of INR 34,517 Cr, generating a total estimated employment for around 78.36 Lakh persons.
• Raising and Accelerating MSME Performance (RAMP) Launched in July 2022, under the aegis of the Ministry of MSME, the World Bank-assisted RAMP scheme aims to improve the access of MSMEs to both the global market and credit. RAMP aims to foster the sector by accelerating Centre-State collaboration in MSME promotion and development, Enhancing the effectiveness of existing Ministry of MSME schemes for technology upgradation, Strengthening the Receivable Financing Market for MSMEs, Enhancing the effectiveness of Credit Guarantee Trust for Micro & Small Enterprises (CGTMSE) , and promoting guarantee for greening initiatives of MSEs, and women-owned MSEs, and Reducing the incidence of delayed payments to MSEs. An outlay of INR 6000 Cr has been assigned for five years to ensure the implementation. The scheme aims to benefit over 5.5 Lakh MSMEs.

MSMEs as investment opportunities

As India steadily approaches the threshold of becoming a $5 Tn economy by 2026-27, interest in the nation as an investment destination is soaring. The Indian MSME sector is projected to grow to $1 Tn by 2028. Its many winning advantages encompass a diverse range of investment opportunities across various industries and supply chain ecosystems, including but not limited to textiles, food processing, agriculture, and more. Another distinct advantage that MSMEs offer is the opportunity to invest in enterprises beyond metropolitan cities. Investors can capitalise on the potential of the rapidly expanding rural MSMEs catering to an accelerating consumer base, disposable incomes, and a vibrant domestic market.  Moreover, with the relaxation of the FDI policy allowing a 100% FDI inflow under the automatic route for MSMEs and the various tax exemptions and tax holidays that the sector can avail, investments in Indian MSMEs have much to attract astute investors.

The Digital Transformation of MSMEs

MSMEs are moving forward with renewed vim and vigour and a decided focus towards innovation and digitisation of operational procedures. Adopting new tools and systems ensures a sharper edge to their global competitiveness. Moreover, schemes like the Digital MSME Scheme, which empowers all MSMEs registered with the Udyam registration portal to adopt Information Communication Technology (ICT) tools and applications in their production and operations, ensure that the transition from traditional processes to digital ones is as seamless as possible. Furthermore, the Ministry of MSMEs has been allocated INR 22,137.95 Cr under the interim Budget 2024-25 for implementing various schemes and technology upgrades.

The Role of MSMEs in Building a Sustainable and Inclusive Economy

MSMEs' role in fostering sustainability and inclusivity in the Indian economy is irrefutable. 20.5% of the MSMEs registered on the Udyam Registration Portal are led by women, accounting for 18.73% of the total employment generated by Udyam-registered MSMEs. While the numbers speak for themselves, to ensure the growth of the sector and the economy remains inclusive, equitable, and sustainable, the Ministry of MSMEs has undertaken various initiatives to foster MSMEs that value these goals. For example, the Credit Guarantee Scheme for Micro & Small Enterprises offers a 10% concession in annual guarantee fees and up to 85% guarantee coverage for female entrepreneurs. Meanwhile, the SAMARTH initiative provides more than 7500 women from rural and sub-urban areas with skill development and market development assistance to encourage female entrepreneurship.

On the other hand, the MSME Sustainable (ZED) Certification Scheme encourages MSMEs to streamline their processes to transition towards sustainability and reduce environmental costs. Furthermore, the scheme offers a 100% subsidy for ZED Certification for Women-owned MSMEs.

MSMEs and a focus on their growth are critical for the long-term prosperity of India’s economy. MSMEs play a crucial role in the GDP growth, industrial production, and job creation in the nation's economy, and the various initiatives and regulatory reforms fostering them are a step in the right direction to ensure that untapped talent, resources, and growth opportunities are brought to the foreground.   

• https://udyamregistration.gov.in/Government-India/Ministry-MSME-registration.htm
• https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1985020
• https://www.cgtmse.in/
• https://www.sidbi.in/en/
• https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2003871#:~:text=Collateral%20free%20loan%20up%20to%20a%20limit%20of%20Rs.%20500%20lakh%20(w.e.f.%2001.04.23)%20to%20MSEs%20with%20guarantee%20coverage%20up%20to%2085%20%25%20for%20various%20categories%20of%20loan%20through%20Credit%20Guarantee%20Fund%20Trust%20for%20Micro%20and%20Small%20Enterprises%20(CGTMSE)%20under%20Credit%20Guarantee%20Scheme.
• https://msme.gov.in/sites/default/files/MSMEANNUALREPORT2022-23ENGLISH.pdf
• https://pib.gov.in/PressReleasePage.aspx?PRID=1992842#:~:text=MSME%2DSustainable%20(ZED)%20Certification,on%2010th%20March%2C%202023.
• https://www.kviconline.gov.in/pmegpeportal/pmegphome/index.jsp
• https://msme.gov.in/1-prime-ministers-employment-generation-programme-pmegp
• https://www.kviconline.gov.in/pmegpeportal/dashboard/notification/PMEGP_Guidelines_Certified_2022_3.pdf
• https://www.nimsme.org/news-article/raising-accelerating-msme-performance-ramp-scheme
• https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2003871#:~:text=Roll%20out%20of%20Raising%20and%20Accelerating%20MSME%20Performance%20(RAMP)%20programme%20with%20an%20outlay%20of%20Rs.%206%2C000%20crore%20over%205%20years.
• https://www.thehindu.com/business/Economy/india-would-become-dollar-5-trillion-economy-by-2026-2027-says-cea/article65526415.ece
• https://economictimes.indiatimes.com/small-biz/sme-sector/economists-see-msme-sector-to-be-worth-rs-1-trillion-by-2028/articleshow/99456308.cms?from=mdr
• https://dcmsme.gov.in/CLCS_TUS_Scheme/Digital_MSME_Scheme/Scheme_Guidelines.aspx
• https://www.indiabudget.gov.in/doc/eb/sbe68.pdf
• https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2002574
• https://www.pib.gov.in/PressReleasePage.aspx?PRID=2002574#:~:text=%E2%80%9CSAMARTH%E2%80%9D%20initiative%20was%20launched%20to,rural%20and%20sub%2Durban%20areas.
• https://zed.msme.gov.in/
• https://www.pib.gov.in/PressReleasePage.aspx?PRID=2002574#:~:text=Defect%20Zero%20Effect%20(-,ZED,-)%20Certification%20Scheme%20is

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How to Write a Business Plan: Your Step-by-Step Guide

So, you’ve got an idea and you want to start a business —great! Before you do anything else, like seek funding or build out a team, you'll need to know how to write a business plan. This plan will serve as the foundation of your company while also giving investors and future employees a clear idea of your purpose.

Below, Lauren Cobello, Founder and CEO of Leverage with Media PR , gives her best advice on how to make a business plan for your company.

Build your dream business with the help of a high-paying job—browse open jobs on The Muse »

What is a business plan, and when do you need one?

According to Cobello, a business plan is a document that contains the mission of the business and a brief overview of it, as well as the objectives, strategies, and financial plans of the founder. A business plan comes into play very early on in the process of starting a company—more or less before you do anything else.

“You should start a company with a business plan in mind—especially if you plan to get funding for the company,” Cobello says. “You’re going to need it.”

Whether that funding comes from a loan, an investor, or crowdsourcing, a business plan is imperative to secure the capital, says the U.S. Small Business Administration . Anyone who’s considering giving you money is going to want to review your business plan before doing so. That means before you head into any meeting, make sure you have physical copies of your business plan to share.

Different types of business plans

The four main types of business plans are:

Startup Business Plans

Internal business plans, strategic business plans, one-page business plans.

Let's break down each one:

If you're wondering how to write a business plan for a startup, Cobello has advice for you. Startup business plans are the most common type, she says, and they are a critical tool for new business ventures that want funding. A startup is defined as a company that’s in its first stages of operations, founded by an entrepreneur who has a product or service idea.

Most startups begin with very little money, so they need a strong business plan to convince family, friends, banks, and/or venture capitalists to invest in the new company.

Internal business plans “are for internal use only,” says Cobello. This kind of document is not public-facing, only company-facing, and it contains an outline of the company’s business strategy, financial goals and budgets, and performance data.

Internal business plans aren’t used to secure funding, but rather to set goals and get everyone working there tracking towards them.

As the name implies, strategic business plans are geared more towards strategy and they include an assessment of the current business landscape, notes Jérôme Côté, a Business Advisor at BDC Advisory Services .

Unlike a traditional business plan, Cobello adds, strategic plans include a SWOT analysis (which stands for strengths, weaknesses, opportunities, and threats) and an in-depth action plan for the next six to 12 months. Strategic plans are action-based and take into account the state of the company and the industry in which it exists.

Although a typical business plan falls between 15 to 30 pages, some companies opt for the much shorter One-Page Business Plan. A one-page business plan is a simplified version of the larger business plan, and it focuses on the problem your product or service is solving, the solution (your product), and your business model (how you’ll make money).

A one-page plan is hyper-direct and easy to read, making it an effective tool for businesses of all sizes, at any stage.

How to create a business plan in 7 steps

Every business plan is different, and the steps you take to complete yours will depend on what type and format you choose. That said, if you need a place to start and appreciate a roadmap, here’s what Cobello recommends:

1. Conduct your research

Before writing your business plan, you’ll want to do a thorough investigation of what’s out there. Who will be the competitors for your product or service? Who is included in the target market? What industry trends are you capitalizing on, or rebuking? You want to figure out where you sit in the market and what your company’s value propositions are. What makes you different—and better?

2. Define your purpose for the business plan

The purpose of your business plan will determine which kind of plan you choose to create. Are you trying to drum up funding, or get the company employees focused on specific goals? (For the former, you’d want a startup business plan, while an internal plan would satisfy the latter.) Also, consider your audience. An investment firm that sees hundreds of potential business plans a day may prefer to see a one-pager upfront and, if they’re interested, a longer plan later.

3. Write your company description

Every business plan needs a company description—aka a summary of the company’s purpose, what they do/offer, and what makes it unique. Company descriptions should be clear and concise, avoiding the use of jargon, Cobello says. Ideally, descriptions should be a few paragraphs at most.

4. Explain and show how the company will make money

A business plan should be centered around the company’s goals, and it should clearly explain how the company will generate revenue. To do this, Cobello recommends using actual numbers and details, as opposed to just projections.

For instance, if the company is already making money, show how much and at what cost (e.g. what was the net profit). If it hasn’t generated revenue yet, outline the plan for how it will—including what the product/service will cost to produce and how much it will cost the consumer.

5. Outline your marketing strategy

How will you promote the business? Through what channels will you be promoting it? How are you going to reach and appeal to your target market? The more specific and thorough you can be with your plans here, the better, Cobello says.

6. Explain how you’ll spend your funding

What will you do with the money you raise? What are the first steps you plan to take? As a founder, you want to instill confidence in your investors and show them that the instant you receive their money, you’ll be taking smart actions that grow the company.

7. Include supporting documents

Creating a business plan is in some ways akin to building a legal case, but for your business. “You want to tell a story, and to be as thorough as possible, while keeping your plan succinct, clear, interesting, and visually appealing,” Cobello says. “Supporting documents could include financial projects, a competitive analysis of the market you’re entering into, and even any licenses, patents, or permits you’ve secured.”

A business plan is an individualized document—it’s ultimately up to you what information to include and what story you tell. But above all, Cobello says, your business plan should have a clear focus and goal in mind, because everything else will build off this cornerstone.

“Many people don’t realize how important business plans are for the health of their company,” she says. “Set aside time to make this a priority for your business, and make sure to keep it updated as you grow.”

India plans incentives for diabetes, obesity drug makers in 2026, government official says

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About 60% of MSMEs plan to digitise their business processes by 2025: Vi study

Almost 60 per cent of MSMEs plan to digitise their business processes, and 43 per cent plan to increase their digitalisation budget by 2025, according to a study by Vi Business, the enterprise arm of Vi (Vodafone Idea).

Medium, Small, and Micro Enterprises (MSMEs) are the backbone of India's economy, currently contributing nearly 30 per cent to the country's GDP, the report said.

There are several studies that suggest MSMEs will boost their GDP contribution to 35-40 per cent by 2027.

Hence, MSMEs must adopt digital transformation to unleash their growth potential and play a pivotal role in making India a Viksit Bharat (a developed economy) by 2047, it said.

The 'Vi Business ReadyForNext MSME Growth Insights Study' drew insights from 1.6 lakh respondents across 16 industries.

"In FY 2025, MSMEs are looking to prioritise digitalising business processes (59 per cent) over workspace optimisation (29 per cent), and customer engagement (12 per cent), indicating need for future-proofing business operations and growth. Over 50 per cent of MSMEs focusing on business digitalisation plan to increase their budget," the report noted.

It also said, "43 per cent of MSMEs plan to increase their overall digitalisation budget by 2025. Sectors with lower Digital Maturity Index (DMI) are particularly inclined to increase their investments reflecting a growing commitment towards digital transformation."

IT-ITES (information technology and IT-enabled services), financial services and transportation were the top three sectors that emerged as the most digitally matured.

"Digitalisation has a direct positive correlation with the turnover. Further, as the firm size increases, the variation in digital maturity level narrows, indicating that medium to large firms have embraced digitalization and there is scattered digital adoption among micro and small firms," it said.

During COVID-19, while MSMEs prioritised digitalising their workspaces, the focus has moved on to engaging with their customers digitally in 2024, it said.

"India's vibrant MSME sector, boasting over 6.3 crore enterprises, is a cornerstone of our nation's economic strength. These businesses are not just engines of growth, contributing roughly 30 per cent of GDP, but also vital job creators, employing a staggering 11 crore individuals," said Arvind Nevatia, Chief Enterprise Business Officer, Vodafone Idea Limited.

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India plans to expand production-linked incentives for small textile firms: minister

India-economy-textiles:india plans to expand production-linked incentives for small textile firms: minister.

By Manoj Kumar

NEW DELHI - India plans to expand production linked incentives to small textile firms soon, part of efforts to increase garment exports to $50 billion by 2030, the federal textile minister said on Tuesday.

The government introduced incentives for the textile sector in 2021, and has so far approved 64 proposals worth 198 billion rupees to promote production of man-made fibre fabric, garments and technical textiles.

"We are considering to review the PLI scheme," Giriraj Singh, federal textile minister, said at the India International Garment Fair, noting the scheme had emerged as a big success to attract investments and expand production.

He said state incentives for improving product quality, entering new markets and signing free trade agreements with several countries, including the UAE and Australia, could help the labour-intensive industry - a priority for the Prime Minister Narendra Modi's administration.

"We are working on a roadmap to move ahead of China, not only Bangladesh in textiles," he said, adding his ministry would soon hold meetings with big companies to understand their concerns.

India's $170 billion textile and apparel industry, which employs over 45 million, has been facing a decline in exports as European and the U.S. consumers cut back spending in 2023 amid tight monetary conditions.

Textile and apparel exports declined to $35.94 billion in the 2023/24 fiscal year ending in March from a record $44.51 billion in 2021/22, commerce ministry data showed.

Garment exporters are lobbying government ministers, ahead of the annual budget next month, seeking a lower investment threshold limit of 150 million to 300 million rupees under the PLI scheme from 10 to 30 billion rupees, besides higher subsidies on bank loans.

Currently, the government offers 4%-6% cash incentives over a period of five years to the selected companies for achieving production targets, industrialists said.

"The government needs to lower the threshold investment limit and expand PLI benefits to all garments across all fibres," said Mithileshwar Thakur, secretary general, Apparel Export Promotion Council, an apex body of small exporters.

This article was generated from an automated news agency feed without modifications to text.

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‘It’s All Happening Again.’ The Supply Chain Is Under Strain.

As Houthi rebels intensify strikes on vessels headed for the Suez Canal, global shipping prices are soaring, raising fears of product shortages and delays.

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By Peter S. Goodman

Peter Goodman has reported extensively on the global supply chain since the early months of the Covid-19 pandemic.

Stephanie Loomis had hoped that the chaos besieging the global supply chain was subsiding. The floating traffic jams off ports . The multiplying costs of moving freight . The resulting shortages of goods . All of this had seemed like an unpleasant memory confined to the Covid-19 pandemic.

No such luck.

As head of ocean freight for the Americas at Rhenus Logistics, a company based in Germany, Ms. Loomis spends her days negotiating with international shipping carriers on behalf of clients moving products and parts around the globe. Over the last few months, she has watched cargo prices soar as a series of disturbances have roiled the seas.

Late last year, Houthi rebels in Yemen began firing on ships entering the Red Sea en route to the Suez Canal , a vital artery for vessels moving between Asia, Europe and the East Coast of the United States. That prompted ships to avoid the waterway, instead moving the long way around Africa, lengthening their journeys by as much as two weeks.

Then, a severe drought in Central America dropped water levels in the Panama Canal , forcing authorities to limit the number of ships passing through that crucial conduit for international trade.

In recent weeks, dockworkers have threatened to strike on the East and Gulf Coasts of the United States, while longshore workers at German ports have halted shifts in pursuit of better pay. Rail workers in Canada are poised to walk off the job, imperiling cargo moving across North America and threatening backups at major ports like Vancouver, British Columbia.

The intensifying upheaval in shipping is prompting carriers to lift rates while raising the specter of waterborne gridlock that could again threaten retailers with product shortages during the make-or-break holiday shopping season. The disruption could also exacerbate inflation, a source of economic anxiety animating the American presidential election.

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