An entrepreneur aspires to undertake a low-investment business capable of earning massive revenues. He finds every possible way to run the business smoothly and increase revenue, i.e. making a profit is the ultimate goal. This post takes a look at low-investment business ideas.
Today’s young and dynamic individuals want to start their own ventures instead of working for someone else. They look for small-scale opportunities with large turnover. Return on Investment or ROI has become a major factor in setting up any type of business. This is an important scale that ultimately decides whether to move forward or not.
A common misconception is that making huge profits requires serious investment in the form of money, labour, equipment, etc. This is certainly not the case if one is aware of business ideas that can be started with minimal investment.
Low Investment Business Ideas for 2023
Discussed below are some of the most profitable low-investment business ideas in India in Hindi. These are not heavy on your pocket and can give great returns over time.
1. Wedding Planner
Investment required: Rs 20,000 to Rs 50,000
There is a big wedding industry in India. A “big Indian wedding” is never small. To become a wedding planner, you must have networking skills, creativity and intuitive decision-making ability. Initial work may not earn you much, but over time, you can jump in and move on.
2. Technical Freelancer
Investment required: Rs 0
If you have logical thinking, analytical skills and knowledge of any programming language, you can try technical freelancing. For example, if you know how to create and beautify websites, promote your website development services on platforms like Fiverr and Freelancer. What kind of investment will you need? Perhaps paying for online courses and certificates to improve your credibility and knowledge. And with a plethora of resources available for free on the internet, you can get started with technical freelancing through zero investment.
3. Yoga and Meditation Centre
Investment requirement: Rs.5 lakh to Rs.30 lakh
No one can lead a healthy life with that busy schedule, busy life and too much stress of work. Your yoga and meditation center will help people fight all these endless problems. Moreover, it is also a very profitable business idea. The investment will be just a good place and some staff (optional). If you do not have knowledge of yoga and meditation, then you can also hire a trainer.
4. Mechanical/Mechanical Electrical Works
Investment required: Rs 15 lakh to Rs 50 lakh
The development of the current generation of technologies requires many mechanical and electrical goods. Therefore, setting up a garage for servicing vehicles or the sale of electrical goods gives benefits at the present time. However, the business involves an investment of some amount, yet the profit earned is always higher.
5. E-commerce websites
Investment required: Rs 1 lakh to Rs 10 lakh
Online shopping is a new-age trend. This is the easiest way to shop and get the best product out of thousands of options. All you need is a website and the products you want to sell can be anything like jewelry, shoes, or even everyday household items.
Investment required: Rs 5,000 to Rs 15,000
Blogging is a business that can give us high profits. Your investment will only be in the form of the ability to write blogs, an internet connection and a laptop or PC. It’s very easy but it can provide high benefits. If the blog you create ranks first on Google, the blogger can be paid by Google. It’s really beneficial and easy to get started. Moreover, blogging is being done by a lot of people and they are making a lot of money without investing.
6. Domain Trading
Investment required: Zero
Did you know that selling .com and other web domains is a lucrative area? But it requires expertise and initial investment before you step into the domain trader’s shoes. The work revolves around identifying domains that include, waiting for the right opportunity, and then having the ability to sell it to interested parties, usually companies and organizations. Here you have to be creative and also have to do a lot of research.
You need to search for brands that you think are going to be popular after a year or two, then buy a domain name by the brand name. This way when the brand becomes popular they will have to buy the domain name from you at the price you decide and this way you will earn money. You can buy a domain name from GoDaddy, Namecheap or any other website. It is one of the most profitable businesses in India with low investment.
7. Selling photos
Investment required: Rs 10,000 to Rs 50,000
Bookmarked photos like Photobucket and ShutterStock have importance for a reason — high-quality images can be sold online at a great price. You have to submit the photo on such sites and when people buy it from these platforms, you will be paid according to the set price. You can start this business without any major investment.
If the camera quality of your smartphone is good then you are ready. But you have to make sure that you are uploading high quality images. Otherwise, you will not be able to earn money by selling photos online as those photos will be used on the website and other online platforms.
8. E-Book Publishing
Investment required: Rs 10,000 to Rs 50,000
E-books and PDFs can generate cache if you have the spice and simplicity to be out-of-the-box. Amateur and experienced writers can use online publishing not only to showcase their talent but also to earn money through sales.
If you are an amateur you can use Kindle Direct Publishing to start your fiction and promote it online. Many authors are making a lot of money just by selling their books online. You can publish your e-books without any investment.
9. Stock Trading
Investment required: Rs 1000
Stock trading is a great option to earn large sums of money. You can start stock trading with less money and make that money work for you. But before starting stock trading, gather as much information about the stock market as possible. Only then will you be able to earn money by trading in stocks.
This is a high-risk area and requires experience, skills and luck. There are millions of success stories as well as disappointing. Go for trading only if you can bear the brunt of the loss. It also requires some skills to earn a good income.
Investment requirement: Zero rupees
If you have a large number of followers on social media and they are dedicated to your posts, you can start promoting products of different companies and get paid for the promotion.
If you can generate more sales to the company, chances are you can come across as their brand ambassador. People are getting a heavy price for it. Also, if you are an influencer with a good model, you can come under the eye of modeling companies and start your career.
11. Mobile Phone Service
Investment requirement: Rs. 5 lakh to Rs. 10 lakh
Either contact a restaurant or cook your own food. All you need is a delivery boy or more (depending on demand) and a vehicle. Serve on time and serve the most important delicious food.
12. Recruitment Services
Investment required: Rs 5 lakh to Rs 10 lakh
You can start your own firm to provide recruitment services to other companies. Contact companies and find people who need a job. You just have to combine the two of them.
13. Event Organizer
Investment required: Rs 50,000 to Rs 5 lakh
Starting a small company that organizes the event may be a good idea but may require special qualifications and workers.
The most important skills for this business are your personality and event management skills. Like wedding planning, getting the first customers in the event management business requires a large amount of hard work and this scale depends on the value that is added to the initial set of customers, as word-of-mouth is huge and are a source of publicity in both businesses.
Actually, many event planners start their business by working from home. This can be a great model for setting up an event planning business as it keeps overhead costs low and can maximize productivity in those critical early stages of the business.
14. Social Media Services
Investment Requirement: Zero
The business of social media services includes ghost-writing for businesses, blogs, Facebook, LinkedIn and Twitter accounts and posting on Facebook pages. Overall you have to take care of a brand’s social media presence and get traffic and customers through social media for them.
15. Interior Designer
Investment requirement: Rs 50,000 to Rs 5 lakh
We have a good number of rich people in our country. And they are willing to spend heavily on big bungalows, full amenities and luxuries to maintain their level. And so furniture is one of the most valuable products as an interior.
The amount spent on these luxury interiors is high and hence the level of expectation is also high. The style, design and quality of the interior elements that make up the value of the product are the factors that every decor storekeeper should focus on.
The interior designer business may be the best deal with little investment but it may require special skills. This kind of business is very suitable for a person familiar and passionate with interior design.
An interior designer has a creative side to art and aesthetics and is paid to provide goods to his clients. So it should be good and match the potential customer.
The profit margin in this business is very high if you deal with unique, fancy and stylish furniture and can target the right people. You can also do only designing work from home.