An economic indicator that measures the number of loans made to small businesses and normalized to the base year of 2005. It is considered as a leading economic indicator since small business respond more quickly to changes in economic conditions. The index is published by Thomson Reuters and Paynet.
There are many young and dynamic people in India, who wants to earn big money by starting own business. They are always in search of small business ideas with low investment. In order to support them here is an extensive list of 200 Small Business Ideas with Low Investment. These business ideas are also suitable for college students, housewives, and women. These business ideas are independent of geographical restriction and market scenarios. Be it Mumbai, Chennai, Delhi or Hyderabad these business ideas will work everywhere.
For better understanding, I have divided business ideas in various categories. The categories are
#1 Unique or Creative business ideas
#2 Best home based business ideas
And a list of business ideas are given below –
200 Small Business Ideas in India with Low Investment
#1 Unique and Creative business ideas
1. Children Play/Adventure Area
First unique and profitable business idea is children play area or adventure place. Children love spending time at creative play area or at place where they can feel adventure. You can start your own business by establishing such a place. Investment required for this business is moderate.
2. Pregnant lady Exercise class
The second unique business idea is related to women. It is pregnant lady exercise class. You need to get trained in order to open this type of business. It is unique business and success rate of such business is high.
3. Tea/Coffee Café
One of the best creative business ideas is tea or coffee café. In this business you need to establish unique tea or coffee café in terms of ambiance and furniture. You can also think of serving tea or coffee with unique test. You can start this business at own or rented premise.
4. Custom Gift Store
Custom Gift Store is among one of the best creative business ideas. In this business you need to serve customer by offering customized gift as per their requirement. Few examples are printed t-shirt, mug, customized card, photo album, watch, mirror, card holder etc. You can open this store online or offline. A success rate of this business is high.
5. Antique Business
Antique product business is very good business idea. In this business you will be dealing with antique items and furniture. You can start this business by arranging auction or by opening a small shop. It is luxurious segment business and finding buyers in this business is difficult. However, it is highly profitable business.
6. Game Organizer at Event
Next creative business idea is becoming game organizer at events such as birthday party, anniversary etc. You have to be extremely good in communication and creativity in order to succeed in this business.
7. Hot Air Balloon or Boat Ride Services
Business Ideas in adventure category are Hot Air Balloon service business or Boat Ride business. This type of business demands huge investment and skilled manpower. You will also need big space where you can start this business.
8. DJ Services
Music lover person with creativity can think of starting DJ services business. You need to have right skill and experience to start this business. You need CD Players, Turntable and mixtures for DJ business.
9. Chat bot services
A Chatbot is a next-generation business. In this business, you need to build bots as per business requirements. A business of chatbot demands lot of technical expertise and knowledge. Investment requirement for this business is low.
10. Interior Designer
One of the most popular and creative options for the business is becoming an interior designer. If you are from civil or architecture background you can start an interior design business.
Also Read – 10 Unique Business Ideas for 2018
11. Dance Coaching
Dance coaching class is among one of the best business ideas. It is low investment creative business idea. You can either hire a dance teacher or plan to become dance teacher by learning dance. Investment requirement for this business is very low.
12. Music Tutoring
Setting up Music Tutoring business is next in the list of creative business ideas. This business demands specialized skill and lot of experience. If you are new to music, I suggest not to go for this business. You can start this business from home also.
13. Unique Seasonal Ice Creams
If you are planning something innovative you should look at unique seasonal ice cream business. However, you need to develop formula of making unique ice creams. This requires time and skills.
14. Hair Business
Hair business idea may sound unusual to you. However, it is a fact that hair business is highly profitable business idea. Lot of hair is imported from India and used for making wigs.
15. Ethnic Food Service
Another home based business idea is ethnic food service. You can serve Ethnic Food for your community at your home. You can charge money for this. If you are good at cooking food this could be a very good business option.
16. Funeral Services
Funeral service is a new concept in India. These type of organization help families and relative to take a decision and give them advice about a ritual of the funeral. Not only that they will arrange for all material required during the funeral ritual.
17. Doula Services
Doula service is a new concept in India. Doula services mean providing emotional, physical and assistance in getting the information she needs to make empowered decisions throughout her pregnancy, birth.
18. Organic Farming
If you have some land, you can think of starting organic farming. You need to do a research before starting this business.
19. Mobile garage service
Opening mobile garage by keeping mobile manpower/repairers is good business idea because usually car breakdown takes place in the area where garage service is not available.
#2 Best home based business ideas
20. Home Chocolate Business
Chocolate is one of the great product for home business. If you love making chocolate make it your business. You need chocolate recipe, utensils, cookware, molds and packing material to start this business. You need to tie up with shopping malls or small shop keepers to purchase your chocolate. You can think of creating online presence also. Investment required for this business is low.
21. Tuition Class
Starting at Tuition Class is one of the best home based business idea. If you have good teaching skill and knowledge you can start this business. You just need few wooden benches and blackboard for starting this business. At an initial stage this business demands mouth publicity or advertisement.
22. Recruitment Services
One of the most popular home based business idea is recruitment services business. In this business you just need data of candidates looking for Job. Just refer a candidate to the company and get commission out of it. It is very good small business idea.
If you are housewife and want to earn part time money you can start tailoring service at home. This business does not require much investment, you just need tailoring machine and knowledge of sewing cloths. To begin with you can start cloth altering and cloth modification. If required get necessary training on sewing.
24. Tiffin Services
Starting a tiffin services is a very viable home based business idea. Everyone need food, if you are good at cooking tasty food at reasonable price you can start this business. You need to do proper market research before starting this business. Investment required for this business is very low. Tasty food and timely delivery is success mantra of this business.
25. Cooking Class
A housewife expert in cooking can start a cooking class at home. You may need to buy some equipments like oven, tandoor, chopper etc. to make your cooking easy. You may need extra room or space a kitchen to teach all students. You may need to take training to improve your culinary skills in making specialized food such as Thai, Chinese, Italian etc.
26. Hobby Class
Today every parent look for holistic development of their children & they are ready to pay for it. This gives birth to a very good business idea called as hobby class. You can start hobby class for dance, music, craft based on the skill you possess. This is one of the top home based business ideas for housewives.
27. Yoga Class
Starting a yoga class is one of the profitable and lucrative home based business option. Wellness industry in India is growing at faster pace. People are changing their mindset from remedial to preventive care approach. If you are certified yoga teacher or expert in yoga you can start your own Yoga Class. First decide type of Yoga you will be teaching and your competency. Next is deciding place and investment required for the business.
Also Read – 5 Small Business Apps to improve your business efficiency
28. Spoken English Coaching Class
Spoken English coaching is popular home based business idea. If you are fluent in English you can start Spoken English coaching classes. English is globally recognized language. People are ready to spend money to develop a skill related to spoken English. The class can be started with minimum investment. However, you have to be perfect and professional in teaching English.
29. Foreign Language Coaching Class
Learning a foreign language is a trend today. Students and working professional both opt for learning a foreign language. French and Spanish are popular foreign language. If you expert in any of these languages you can start foreign language class.
30. Insurance Agent
The next home based business idea or profession is insurance agent. In this business you need to sell insurance policies. You will earn commission on every policy. You should have good communication skill and convincing power to become successful in this business.