Every entrepreneur has a dream. It may be the one that revolutionizes society or changes it. But the biggest obstacle an entrepreneur will face is the capital to make his idea a reality.
For every entrepreneur, it is important that his business is one that does not require very big capital.
They can start businesses with very little investment. If executed well, they can be sure that they will have a profitable Business Without Investment. But it is not very easy.
Businesses with low capital investment can be lucrative, but at the same time indecisive. There are so many options that people are not sure what to start and will it fit into their schemes and future plans.
Top Most Successful Small Business Ideas
Want to jump straight to my top picks? My favorite small business ideas in india is 1. Coaching Classes and Event/ Wedding Planner.
1. Coaching Classes
Had a subject which you loved in your school days? The subject you can be sure that you can teach to anyone who needs help.
Well, then go for online tuition or even offline coaching classes. You need very little capital investment for this.
Get mentioned things and voila! You have your tuition classes started.
Any subject is fine, be it core subjects or some foreign languages like German; or even regional languages like Punjabi.
You can teach the students with your own knowledge. The biggest perk of this education field is that it never dies out. There will always be students with weak subjects, there will always be people who are willing to learn a new language.
There are also professionals who want to go abroad and learn new languages. So, you don’t need to worry about reaching a saturation point.
The education field is always about low investment and high returns. You always will be able to generate cash inflow. Even if you don’t have enough money, basic personal loans from the banks will be enough to start the coaching.
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2. Event/ Wedding Planner
India is a big and diverse place. You will always witness a wedding or any event taking place, no matter the situation.
Whether the economy is at its peak or at the bottom of the sea, the Indian market will never see a drought of weddings.
Indian weddings are of different kinds. It can be as pompous as big fat weddings or as private as small gatherings.
According to data, in 2017, the wedding market in India is estimated to be around 35000 crores business.
And it is not even the peak. Every year it is growing at a steady pace of 19-20%. And because these are mind-boggling numbers, it also presents a big opportunity for the grab.
Wedding planners do not require a very big capital investment. Since every money you spend will be according to the budget of the family, you don’t need to spend anything from your pocket.
You only need to be in charge of decorators, and caterers and make sure that everything is going smoothly. You have a creative idea, are a good planner and can be immaculate, this business idea is for you.
When you start going at a higher level, you will start needing capital for staff and management. But no need to worry, you can easily procure business loans under different schemes or from banks.
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3. Cooking Classes
The cooking show MasterChef has revolutionized cooking in India. Gone are the days when you say to someone that you want to be a chef, and they will call you halwai.
Now cooking class is also a great business idea in India. It is also one of the businesses with the Low Investment, High Profits concept.
Set up these and you will have your business running. This business has great potential and for the capital, you can easily procure business loans.
Getting from a bank can be a bit tough, but you can get a business loan from different financial firms. For best results, it is better to run small batches as cooking can drain one’s mental as well as physical energy quite easily.
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4. Driving School/ Cab Service
You know driving? Good. Do you have a car? Good. You have the basic investments you need to teach people how to drive. Many people have different plans for driving.
Some offer to teach in 7 days, some in 15 days. You can also choose your plan according to what you think is the ideal time to learn to drive.
In your own vehicle, you can easily get 10-12 customers every month. With almost zero investment, you will earn a decent amount every month.
If you don’t have a car, you still need not worry. Get a small business loan and buy a car. It would be better to procure business loans for this because EMI on business loans can be flexible and can be repaid according to the earnings.
If you don’t want to teach, you have another option. Cab service. You can enroll in OLA or UBER. After enrolling, you can offer rides to people and get a decent amount on every ride.
This will also help in earning a good amount with almost zero investment. When on loan, it is better to go for Cab Service, as it will be easy to repay the EMI through a fixed amount.
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5. Food Catering Business
Who does not want to eat good food? Food is one thing that brings happiness and smiles to people’s faces. Everyone enjoys it.
That is where the food catering business comes into play. It will never reach the saturation point.
Occasions in India are never out. Be it birthdays, weddings, anniversaries, or even a small gathering. It will never be complete without good food.
Indians love to eat food. That is why, in every joyous moment, they search for good food caterers.
Nothing fancy will be needed for the start of catering services. It is a bit more difficult than starting as a wedding planner but it is highly profitable. You need to keep one thing in mind, Indians love their food.
Every Indian is always ready to eat. Therefore you will never run out of customers if you are in catering services.
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6. Fitness Centers
The Indian population is Youth-bend. In India, more than 60% of people are under 35 years of age. And youth is a health-conscious group.
They want to be in top condition and always exercise. You will see a lot of them being gym members.
Some of them want to build muscles, some are health enthusiasts while many of them just want to be fit and are health-conscious.
If you are well trained in the fitness area, you can start a fitness center. It can be a gym, a yoga center, or even any dance class like Zumba.
Many people learn to dance to remain fit. You need very less infrastructure and space for the same. Equipment can be bought, rented, or even taken on lease. You can open it for 10-12 hours a day in shifts.
6 hours Morning and 6 hours Evening Shift will be good for a single day work hour. Opening it 6-day a week means 72 hours a week will earn you a good amount.
If you charge 700/person and you have 10-12 people per shift, you will be able to earn 14k-17k every month.
Since most people pay for an annual subscription, it will be a good start to your business, and neither will it go out of fashion. Nowadays, even older people are going to the gym or doing yoga.
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7. Computer Training Center
In this new era, the need for computer knowledge has increased. People need to be computer proficient and literate.
A basic idea of how to operate a computer and work with basic tools like Word, Excel, and Powerpoint is all that is needed.
No need to go deep in the knowledge for that. The chances of getting employed are higher if you are computer literate.
Therefore, if you start a computer training center, you can expect a lot of cash inflow. By setting up no more than 10-12 computers, you can begin your journey.
It won’t take much capital and your profit will also be high. There are different options for you to work on. You can train in small batches at the start.
Starting with school and college students with no computer background, it will be beneficial for both the trainers and trainees.
As you grow, you can also get some more professionals in different blooming technologies like AI. Your capital will consist of computers, internet connections, and ACs.
You will also need projectors for educating the students. This knowledge-driven business can give you a very high profit at a low cost.
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8. Boutique, Salon, Spa
Personal hygiene and fashion are always in demand. Be it weddings, anniversaries, or birthdays, the person in the lead always wants to stand out.
They want to look different and be the best in the lot. Here comes the boutique, salon, and spa business.
An initial investment in the store and raw materials will give you a high return. It will make a profitable business.
A boutique is an easy business to establish. After initial Capex, you will only need to focus on selling and branding.
Sometimes, you may also need partnerships with different stores or planners. Initially, people start as an individual. As the business grows, more people come and the business expands.
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9. Juice Point/Shakes Corner
In India, there is a huge Youth Population. And Youth is always bent on health.
That is why, most people are going for fresh juices, without preservatives, rather than soft drinks or soda-based drinks.
Hence, we can say that a small juice corner is also a good business idea that can go for a long time. In India, it is a top option for small businesses.
Not just vegetable or fruit juice, you can also go with some other healthy alternatives like buttermilk, lemonade, and lassi. You have different options for the same.
You can either set up a stall or even go for Mobile Juice Shops, like on a truck. If you can provide high-quality healthy drinks, you can definitely ensure that your business will not fail.
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10. Online Business
Small business ideas have the potential to grow into huge businesses over time and the emergence of the Internet along with related technologies can definitely help out.
It is proven that small organizations with an online presence are more likely to do better than businesses with no digital presence.
This business idea is focused on providing a range of online services to various small and medium businesses.
This is the reason why social media experts, influencers, YouTubers, critics, SEO experts, website designers, and developers are in high demand these days Such businesses require only smartphones, basic computers, software, and a high-speed internet connection.
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11. Daycare Services/BabySitters
In today’s modern India, the concept of crèches in the office for working mothers is yet to catch on and as more women enter into and stay on in the workforce even after marriage, it is obvious that the demand for daycare services will continue to rise in the near future.
As a full-time occupation, crèches, daycare services, and babysitting have been in existence for several years, especially in the metro cities with a larger number of working mothers and nuclear families.
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12. Photography
Sometimes your hobby can make you earn money, you just need to spend some extra time on your hobby to make it a profession and further into a business.
Photography is one of those hobbies turned into professions for numerous professionals.
Better the camera and lenses will be enriched by the pictures it will capture.
Rest all in your precision and skill in taking pictures that will make you a good photographer and earn B.
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13. Consultancy Services
Almost every sector requires consultants to assist in its development and growth.
People with decent knowledge of IT, finance, marketing, HR, accounts, law, healthcare, social media, etc. can open their own consultancy company and tie up with big corporations to make good money.
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14. Interior Designer
Usually, a degree in Architecture is seen as a job for designing buildings. But it is not limited to just skyscrapers.
In fact, some courses also offer interior design. Everyone who has a house wants to have a nice and vibrant interior.
Here comes an interior designer. If you have a degree in Architecture, you can set up your own office for interior design.
As the Real Estate business is booming in India, the need for interior designers is also increasing.
Therefore, you can take advantage of this bloom and turn your creative ideas into reality. This business also does not require high capital and your profit is dependent on your skills.
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15. Landscaping Service
As houses are made, people will also have lawns and small gardens. But these things also need a lot of care and love.
Lawns need to be groomed and bushes trimmed. Here come your landscaping services.
The landscapers provide lawn services, like grooming the yards and planting flowers, and shrubs.
Having knowledge of plants and gardens will be very helpful. Higher the property rates, you will have higher turnover in your business.
This business also does not require a high capital.
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Conclusion
The above list tells you that you don’t need to have a complex idea or a high capital investment to start your business. You need to have a vision and see around what is needed in your neighborhood.
Even a simple juice corner can help you start your business and get a boom. You don’t even need a large capital to start a business. The above-mentioned businesses are all small or some are MSMEs.
They don’t require investments in millions or billions. Even a few hundred thousand will be more than enough to start the business.
You can either procure business loans from the bank/finance firms or even start with your own savings. Most of the money in the above-mentioned business is bootstrapped (with own savings).
frequently asked question
Q1. What business can I start with no investment?
Vlogging, affiliate marketing, yoga instructor, online seller, and recruitment firm are some of the businesses that can be started with no or very little investment.
Q2. What are the most successful small businesses?
Companies like UrbanClap started as small businesses. It was bootstrapped and now, there is almost no one who has not heard of UrbanClap. Their services are spread all over India and in some foreign countries.
Q3. What businesses are in high demand in India?
Businesses like grooming-based, selling fashion accessories, and home bakery/catering services are in high demand in India.
Q4. Can I start a business with zero investment?
There are few businesses that you can start with very little investment. You don’t need crores of money to start them.
Also Read: Check out my reviews of the best image editing software, the top choices for video editing software, and my full guide to start a blog for beginners.
