Top 31 Small Business Ideas to Start in Low Investment in 2021.

Are you looking for Small Business Ideas in Low Investment in India?

You know, five out of ten people want to start their own business. We all have good business ideas but the only thing we fail is the execution of the idea. If you are looking for low investment business ideas then you are in the right place. We are going to tell you about some of the great low investment high-profit small business ideas here. 

Low investment business ideas 

2021 will be considered one of the most critical and tough years of the 21st century. In covid 19 pandemic market is collapsing, businesses are closing down. People have lost their jobs. In such a situation everyone is turning towards small business ideas with low investment. 

Small businesses can be divided following types.

• Traditional Buisnesses

• Online Business

• Services 

This list of small business ideas will help you understand your area of interest and will give you brief information about Low investment small business ideas. 

List Of 31 Small Business Idea to Start in 2021

If you are thinking to start a small business now you can try any of the following ideas to start your own. 

A) Traditional Businesses

1) Start a Grocery Store

Grocery Store 

Grocery products are full in demand as it comes into the list of essential needs. Even in this pandemic situation grocery business is growing day by day. 

You need to identify the locations where grocery shop availability is rare. You can start there your own grocery store even with a small investment.

2) Start a Vegetable selling Stall 

Vegetables are the most important part of our daily meal. Like grocery, people need to buy vegetables every day. Therefore Selling vegetables can be a good option. 

You need to identify the place nearby the market to start a vegetable selling stall. Also, you have to find a wholesale vegetable market to buy fresh vegetables at a wholesale price. 

3) Start a General Store   

General store business is a very good option to start with a small investment. You can identify some of the daily use essential products and buy them at a bulk rate. 

You can sell general store items like daily soup, toothpaste, Washing powder, floor cleaner, and many more household product and sell them at low cost to the end-users.  

4) Laundry Service

If you live in a small city or metro city this business is in demand. In cities, people are in a hurry. they don't even have time to iron their clothes. You can hire a skilled person to do the stuff and start your own laundry business. 

In this Business, You don't need more investment but a Skilled worker.

5) Start a Cake Shop

Nowadays people celebrate everything. Even you also might have observed it. If you are a good chef and know how to make tasty cakes then you can start your own cake shop. 

You can start selling cakes from home. You can have orders on call or WhatsApp. To provide home delivery service of cakes and help you to grow your business. 

6)Start Home Tiffin service

If you are a good cook there is a huge demand for homemade lunch or dinner. You can deliver tiffins to the corporate office employees.

Homemade tiffin service

 

People working in corporate or any industry do not have time to cook and carry tiffin for lunch so they always look for homemade lunch service nearby work locations. With the help of google ads and social media marketing, you can find customers online. 

7) Fast Food Center 

   

Fast food center is one of the small businesses can be started with low investment. Indian fast food stalls are majorly known for affordable pricing and good taste. 

You can start fast food center at the market corner of a nearby college, school, industrial area, and corporate parks. 

8) Start a Mobile Food Van     

If you are not able to find a place to start fast food center then you can start a small mobile food van to serve the customers. You can cook food at home and sell it with the help of your mobile food van. 

Mobile Food Van/food truck

You can buy a small second-hand van and customize it as per your requirements. The best thing about running mobile food van is you can take it anywhere you want and sell your culinary passion to hungry food lovers. 

9) Start Yoga Classes

Start Yoga Classes

If you are an expert in Yoga you can start yoga classes in your society or in your society garden. You no need to pay any rental charges for this and you can get clients very easily with friends and family reference. 

Nowadays people are more cautious about health. Even doctors advise their patients to practice yoga every day under the observation of experts. 

10) Karate Classes

Parents are more cautious about children's health. especially in cities parent looks for Karate classes for the kids. If you are a Karate expert then you can start karate classes for kids in your locality.

11) Start a Home Beauty Parlor  

If you are a woman and have done a beauty parlor course for at least 3 months then you can start your own ladies beauty parlor at your home. 

You can start your beauty parlor with the lowest investment and also you can advertise on Google or any social media to get more clients. 

12) Start a Candle manufacturing

 

If you looking out to start any small product manufacturing factory then candle manufacturing can be a good option. It requires a small investment and less man force. 

You can start it even with the help of your family members. Nowadays candles have a huge demand for birthday celebrations, festivals, and weddings. 

B) Online Business Ideas

Online Business Ideas

1) Digital Marketing Services

Digital marketing has made business easy. Every small business is looking out to outsource digital marketer to grow their business. Business organzions require services like Lead generation, Social media Marketing, SEO, Brand building management, pay per click services.

To start digital marketing services you need to learn the skills and achieve some expertise in any one part of it. You can be an expert in SEO, Lead Generation, SMO, Affiliate marketing, content writing, etc.

2) Affiliate Marketing  

Affiliate marketing is earning profit by selling other people's (company's) products. You find a product you like, promote it to others and earn a piece of the commission for each sale that you make. 

Affiliate marketers are earning a lot nowadays. The only thing you have to learn about promoting the product link with your content. 

Top Affiliate marketers in India

• Reseller hub
• Flipkart Affiliate
• Amazon Associates
• Bigrock Affiliate
• Yatra.com Affiliate
• Shopify Affiliate
• Cuelink
• Hostgator Affiliate

3) Start Blogging 

Blogging can be defined as writing for online websites to provide information on a specific topic and publish it. On the blog, the most recent posts can be found at the beginning dashboard.

This the age of information. Online Content creating is now a new age business. People prefer reading online news and informational sites rather than physical newspapers and magazines.

Therefore blogging is considered the best low investment business. 

How To start a free blog?

Creating a blog is as simple as creating a Facebook account. You can start a free blog on blogger.com with very basic knowledge. Just log in to blogger.com with your Gmail-id and create a blog. You can write on any topic that you have an interest in. 

How to earn from a Blog?

After creating the blog you need to create good content. write some informative and easy-to-read articles. Once people start following your blog you will automatically get good traffic to your blog. Also, learn some keyword inserting techniques and basic SEO to grow your blog. 

You can put on ads on your blog from Google AdSense or other ad networks like Adsterra, Popads, Media.net, Mediavine, PropellerAds, AdThrive, Ezoic Etc. These ad networks will pay you as per your traffic. More the traffic you bring to the blog more they will pay you. 

4) Content Writing 

Content writing can be defined as writing relevant articles or short posts on a particular topic to create an impact on readers' minds. Such content can be a blog post, Facebook post, News post, Twitters post, etc. 

 

If You have good writing skills then you can find great opportunities in content writing. Many news or informational websites seek freelance news writers. You can provide then content writing service and earn a good amount of money. 

5) Video Content Creating

Same as blog writing you can create video content for the viewers and publish such videos on free video streaming platforms. Youtube is the best platform to publish your videos and earn money. 

How to start with Youtube? 

You have to create a youtube channel first. Then create good and informative or entertaining video content for your channel. Upload it on your channel with a catchy title and publish it. 

Promote your channel to your friends and family. Also, share your video links on social media.

Monetization criteria of Youtube

1. Follow all the guidelines provided by Youtube

2. You need to have 1000 subscribers 

3. You need to complete 4000 hours of watch time in the last 12 months. 

4. Set up your absence account properly.

There are some other video streaming platforms also. You can create videos for these platforms also. 

6) Online Data entry.

If You have good typing skills, then this is for you. You can find so many websites on google that provides you data entry work online. You can earn 100 Rs to 500 Rs per day from typing assignments. 

Top Data Entry Jobs Sites 

1. Rev

2. Go transcript

3. Fiverr

4. Upwork

5. Smart Crowd

6. Indeed

7) Online Coaching Classes

If you feel you have good skills in any particular field, you can start teaching online and earn money. There are so many ways to take live online classes. You can use, Zoom application, Google meet, Facebook Live, Youtube Live, and many other applications to conduct live classes. 

The following thing can be taught online 

1. Online School coaching Classes

2. Online Cooking Classes

3. Online Yoga Classes

4. Online Digital marketing classes

5. Online Business coaching 

and many more. 

You can charge learners as per your skill and class duration. You can divide your teaching into basic and advance and teach your students as per their demand. 

8) Web Designing  (Development)

Every business owner is not tech-friendly so mostly they outsource the web development service for the company. If you have good tech knowledge of web development, you can start providing web design services to such customers. 

Web designing and maintaining is technical work, but still, this service can be provided from home. The only thing you need is a laptop/computer with a good internet connection. You can also develop websites with the help of online CMS like WordPress. 

9) Language Translation Service 

To start translation work you need to be fluent in at least two different languages. You can provide your service to the different legal firms to translate documents from the regional language to English.  

If you want to start language translation work, you need to show a relevant degree or experience. You can try to get such work opportunities on the following websites. 

• Upwork
• People Per Hour
• Pro Translating
• SDL
• Gengo
• Translator Base

10) Online Product Selling

Nowadays people prefer to buy most things online rather than going to store. You can sell any consumer goods product online. To sell an online product you need to hold stock of products that you want to sell.

Many online shopping portals are ready to do business with you. You need to find a good quality product and start selling it online.  

Where You can sell your product online?

• Amazon.com
• Flipkart.com
• Snapdeal
• Tata Cliq
• Shopify
• eBay
• Facebook Marketplace and many more. 

11) Start Dropshipping

Dropshipping is a popular form of e-commerce business. Dropshipping is selling products on behalf of wholesalers and earn a commission from each sale happens. You don't need to maintain stock with you, the wholesaler will pack and dispatch the product to the buyer on behalf of you. 

Dropshipping

You can start dropshipping in the lowest investment and reach up to six figures earnings.    

    

C) Services

1) Real Estate Agency

You can start a Real Estate Agency and help people to find their dream home. You can either start renting homes or selling homes service. You can start a real estate consulting business at the lowest investment. 

Tips to Start a Real Estate Agency

• Get an appropriate license to start the work.  
• Know all legal terms about real estate. 
• Learn about the real estate market in the locality.                           
• Get a Small office space to start.                                    
• Print visiting cards and distribute them to visitors                    
• Create a website for your business. 

2)Ac Repairing Service

To start an AC repairing service business, you need to practice under the guidance of skilled personnel for 6 months or join any short Period course at any nearby technical institution. 

After completing AC repairing course you can practice with any AC repairing service provider and learn some practical knowledge. Then you can start your own. You can get a corporate office annual maintenance contract and earn a good amount of money. 

3) Refrigerator and Washing Machine Servicing 

Refrigerator and washing machines are daily use tools in a house. If you start a service business for domestic fridges and washing machines then you can earn lots of money.

To start this work you need to be technically expert. You can practice with any technician to learn. later you can start your own. 

4) Car/ Bike Washing Service

If you don't have any technical knowledge and not interested in learning anything new, then this is the business you can start without any technical knowledge. 

To start car wash service only you need to arrange place nearby road with the availability of water.

5)Business Plan Consulting  

Starting a news business is a challenging thing for any new entrepreneur. Planning, Preparing to execute, arranging capital, managing manpower are the basic functions of entrepreneurs. Building capital for new business is the most challenging part for a start-up. 

To get a business loan approval from the bank, an entrepreneur needs to submit a good business plan. If you have done management studies and have good knowledge of business planning then you can start business plan consulting services. 

6) Packers and Movers Service

People want to shift from one home to another or one office to another hassle-free. This is a good opportunity for aspiring entrepreneurs. 

You can start your packers and movers service in your locality. You can get customers using google ads and social media marketing for your business. 

7) Start Finance service

By collaborating with many private financial service providing companies or banks you can start a loan agency. There is a huge demand for home loan service providers in the market. 

Following services, you can provide.

• Home Loan Service
• Business Loans
• Personal Loans
• Property Mortgage Loans

8)Book Keeping and Accounting Service

If you are a commerce graduate and have an interest in accounting and bookkeeping then this is for you. Many hotel owners, gyms owners, and small firm owners seek for freelancers to handle their accounts and bookkeeping remotely. 

This is a good opportunity for account students to start a bookkeeping service for small firms that can not afford to hire a full-time employee. 

Thus, you can find much more small business opportunities to grow in your career as well as personal life. 

Thank You

Team Udyog Guide

                                                                                                                                              

References :

1.Wikipedia- https://en.wikipedia.org/- Follow for definitions 

2.Entrepreneur.com-https://www.entrepreneur.com/ - Follow article about service business

3.Economictimes-https://economictimes.indiatimes.com/ - Article on Online business

4.oberlo.in-https://www.oberlo.in/- referred article for online earning tips 

5.backlinko.com-https://backlinko.com/ Referred for content writing