Starting your own business is everyone’s dream. However, most budding entrepreneurs see their dreams nipped in the bud due to paucity of funds for investment.
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, in other cases, you may need to lease small premises.
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 advise if necessary. Additionally, build a database of your prospective customers before launch.
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 that have a long shelf life, from suppliers located in those particular regions and sell them to your target communities.
Mobile garage-(Small business for men)
Everyone has seen cars, scooters and motorbikes breakdown in the middle of busy roads. The unfortunate owner of these vehicles usually faces 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, 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.
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 are always looking for new, better tastes at economical rates. You will however require great skills in preparing these baked delicacies.
Offering travel and related services can see you make instant profits. Tie-up with long distance bus services, offer online reservation of rail tickets and reserve hotels at various destinations for clients.
You can also add local sight-seeing 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.
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 at their homes and offices. This is a low investment and high returns small business idea.
People hold parties for various reasons. They are held round the year to celebrate birthdays, anniversaries and other special occasions. With this low investment business, you can offer various services.
These include decoration of the venue, conducting games, mascot appearance, buying and packing return gifts, among others.
Every business requires more manpower almost on daily basis. This is especially true with restaurants where staff attrition rates are rather high.
Waiters and cooks leave at short notice or merely abandon work. This puts the business owner to great inconvenience.
Occasionally, households also require manpower for cleaning the home. With some ingenuity and low investment, you can help restaurants overcome their manpower problems and earn a handsome income almost daily.
Undoubtedly, every male and female wants to appear glamorous. Glamorous pictures are used for several purposes: To apply for jobs as models, actors and actresses, cabin crew with airlines or matrimony.
For those with an eye for photography, taking glamorous pictures is a great business to open with 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.
India has a rich culture of corporate gifting. It continues round 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.
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 who 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 of course, manpower.
more at https://surejob.in/small-business-ideas.html