Best Low-Investment Small Business Ideas in India to Consider Right Now

Do you aspire to start a business? In most cases, financing is one of the major hurdles in achieving entrepreneurial dreams. But you don’t need to factor in a hefty investment. If you want to start a business with a low budget, you can find many options, from affiliate marketing to investing in a boutique. While considering low-investment business ideas, remember that you need to have to:

• Invest time in market research
• Have a business plan
• Know how much funding is required 
• Have a patience

Whether to tide over a financial crisis or grow a successful business that you can shift into, having a second source of income will help you immensely. Keeping that in mind, invest in something simple that can potentially build substantial returns.

Some questions to ask yourself when planning your business are:

• Does it have a low entry barrier?
• Is it scalable?
• Is there a demand for it in the market right now?
• Can I get clients for it right away?
• Is it easy to set up?
• Is it sustainable? 

If the answer to all of the above is yes, you can start an investment on the basis of your interest. Take a look at some business ideas with less investment below:

Also Read: 3 Best Investment Options to Boost your Income

Top 10 Small Business Ideas in India

You can easily earn money online with the growing fintech industry and internet-based jobs right from home. However, some ideas will require a bit more room and, in some cases, a team.

• Affiliate Marketer

This is a booming business where you market products to bring in new customers. This can be a great source of passive income where you need to do is sign up online. Having adequate digital marketing experience can help immensely with the potential to grow a sizable income.

• Online Courses

You can teach any subject that you have an interest in or hold expertise in. If you have a special skill, you can monetise it as well. This is one of the best low-investment business ideas you can go for with people signing up all across the world!

• Content Creation

From booming YouTube channels to Instagram creators, content is the latest career option you can choose. You can earn revenue from ad sponsorships by sharing content that attracts an audience. It could be anything from travel to finance – make sure whatever you do resonates with viewers. 

• Graphic Designer

If you have a creative mind and knowledge of graphic design, this can be a great option for your second source of income. With a small investment amount, you can get a laptop and software to start working. Today, you can even learn to use free software to create great output for MSMEs and single-person brands. 

• Wedding Planner

Wedding planning in this country has a very large market if you know how to approach clients and get things done. Contacts with photographers, DJs, dance tutors, food and flower vendors, hotels, and designers can help you put it all together. With how much people spend on weddings, this is one of the most lucrative investment ideas in India for a new business. 

Apply for Wedding Loan 

• Cooking Coach

Cooking skills are something that everyone requires. To maintain a healthy lifestyle and ensure an exciting new taste for the palate, online cooking videos and classes are booming across the globe. If you have the skill, you can make it as a business!

• Fitness Coach

The world is middle of an obesity pandemic and people are adopting fitness as a part of their lives. Fitness coaches are the need of the hour to guide people in the right direction. All you need to do is have proper knowledge of this field and some experience. A course in health and nutrition can help you get started. 

• Photographer

If you click good photos and have time to spare, become a part-time photographer. Starting from weddings to important corporate events, you can freelance for a number of projects. You only need an Instagram page to start sharing your creative point of view and get bookings. 

• Café / Boutique

While these are long-term money investment ideas, they can be hugely profitable. Create a place where people can sit, work or study as well as order coffee and get sandwiches or other eats. The other option is to sell furniture and/or clothing by sourcing it from artisans across India. Both ideas may require time to gain customers, but can offer great satisfaction and revenue. 

• Salon and Spa

Among other popular investment ideas in India is opening a beauty salon/spa. This requires you to hire a team of professionals and market your services online. You can do this in an area where such services are required, as this will require some funds to get off the ground. A little patience can go a long way in building your brand. 

Also Read: Top Traditional Ways to Invest and Grow Money

Establishing a business requires hard work and dedication but offers a lot of rewards, too. If you want to start a business, now is the time to go for it. Starting a business requires funds, and if you do not qualify for business financing, get a Fibe Instant Personal Loan.

With it, you can get up to ₹5 lakhs loan quickly with minimal paperwork. Its flexible repayment tenure of 3 to 36 months will help you repay the loan comfortably. What’s more, there are no pre-closure charges to worry about, so you can repay the loan early. To get started, register on our website or download our Personal Loan App.