Small Business Ideas for Beginners
Here is a list of business ideas, 50 to be exact, for beginners with the right skill sets but without too much capital and business experience.
1. Travel Agency
The travel industry in India has witnessed a boom in the past decade. Keeping to people’s changing habits and their desire for the ultimate ‘wanderlust’, the time is ripe for aspiring entrepreneurs to put their money where the map is. The most cost-effective measure to open up a home-based travel agency is by tying up with a host-agency. While the rates differ according to the host agencies, your main initial costs that will fall within Rs 10,000.
2. Freelance Writer
If you have some writing skills, you can get started with your own writing business fairly easily by offering your services to businesses on a freelance basis.
3. Corporate Gifts
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.
You can also fairly easily start your own blog where you post about topics that match up with your own experience and expertise.
5. Furniture Business
No house, school, the office can be seen without furniture. It is an indispensable item. Everyone is in need of bed, chair and table. So, the manufacturing business of furniture can be great in order to make money. If you want to invest less capital, then you will less but if you have moderate capital, then the profits can be high.
6. Handmade Jewellery
Today’s generation is very smart and talented. People know how to make things from scratch. Handmade jewelry is one such business to start with. So, it will be the most profitable small scale business idea in India. If you are creative enough then you can learn this on you tube and can start your own business.
7. Garment Tailor
In cities like Kolkata, Mumbai, and Delhi, the demand for good tailors has increased tenfold due to the increasing popularity of self-made designs. Other than a small rented space, you only need to invest in powerful sewing and stitching machines, and of course electricity.
8. YouTube Channel
YouTube is a hotspot for creative and talented individuals looking for great returns with little monetary investment. YouTube allows its users to create independent channels and upload their videos for free. In fact, it even pays some YouTubers whose channels are popular.
9. Event Organising
Event managers barely spend any time in office. They are best at networking and managing, checking out the hundreds of venues, meeting sponsors, scheduling performances, and basically being on the field 24/7. On that basis, their demand revolves around their brand image and popularity, which can be built with a good online marketing strategy. However, the overall startup cost for building this brand is minimal, if at all priced.
10. Wedding Consultants
The term ‘big fat Indian wedding’ exists for a reason. This is because weddings are taken very seriously by almost all cultures making up our diversified society. Today, even multinational corporations like Uber are tapping into this lucrative industry and centring their campaign on it. The most important investment you need to make to launch a wedding consultancy is in maintaining a popular website for it. The best way to reach out to potential clients in this field is online. Thus, ensure that your website has the requisite base of followers and is detailed, accessible, and colourful.
11. Creative Small Business of Boutique
With women ruling the world, they require clothes and lots of clothes. They no longer stay at home but go out to work and earn. There is no business like stitching. People love fashion and it changes constantly. So if you know how to do this kind of work, all you need is a good right hand (worker) and sewing machine. This requires a less amount of investment and you won’t need any special place to start your business. In initial days, you can start your business at home and with its growth, if you feel like owning a place, then you can try this idea.
An excellent low investment small business anyone can start is buying and selling handicrafts. Generally, handicrafts are made in rural areas.
However, glitzy showrooms charge exorbitant rates for the stuff, which they usually procure fairly 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 market for handicrafts is always high because they are also given away as gifts or used for home and office décor.
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