In today’s date, many people in India want to start their own business by leaving their jobs, but they have three questions in front of them for which they do not know the answers.
- What are the new business ideas in the market?
- How much investment will be required in the business.
- how to make your business successful?
If you are also facing such a problem, then believe me, this post is for you. Because in this post, I am going to give you a list of those most successful business ideas that are more popular in the market and which you can start with low investment.
Successful Business Ideas In 2023
It is possible that these business ideas may seem very big and beyond your reach, but remember that every big thing starts with a small thing. The biggest example of this is Dhirubhai Ambani, who started his entrepreneurship life by selling bhajiyas at a village fair – and then he achieved many great heights.
The good thing is that anyone, of any age, living in any place, and with low investment, can do the business whose information I am going to give you below. It doesn’t matter if you are a student, a housewife, or a person living in a village.
Important Note – Choose only one idea from the list of business ideas below, in which you have an interest or which you think you can do best. By doing this, you will be able to focus on one thing and trust me, if you work hard on it for 3 to 6 months in the right way, then you can easily start earning more than ₹ 100,000 per month.
- Capital Required – ₹2,000 to ₹5,000
- Blogging Margin – 60% to 70%
- Earning Start – In 4 to 7 Months
If you have good knowledge in a field and think that people need it, then you can start your blog on that topic. You can create your website for just 2 to 5 thousand and can easily start earning $1,000 dollars in a short amount of time.
I also started this website in the same way and today it is a good source of income.
As a blogger, I know how it works. I have seen many such websites that started only a year ago and have already earned lakhs. However, you need to use your creative mind to do something different and better. You can even do this part-time by dedicating a few hours.
The best thing about this blogging business is that the capital required is much lower compared to any other business. You just need to put in some time and effort. You can search on Google to get good topic ideas or select a niche according to your preference.
It is better to start a blog on a topic that can generate more income than traffic. For this, you need to learn keyword research, niche selection, and how to run a blog.
2. Grocery Shop
- Capital Required – ₹40,000 to ₹5,00,000
- Margin – 20% to 30%
- Earning Start – With when you sell first product
- Break-Even Point – In 2 to 5 Months
Grocery Shop has always been considered a good small business idea. The best thing about it is that you don’t need any special talent for it. Setting up a shop where there are few grocery shops is a good option, as the chances of your business being successful increase due to the lack of competition.
Here I have talked about a minimum investment of Rs. 40,000 which can vary depending on the size of your area and shop. You can also start it with a 50-50 partnership if you want.
Along with this, if you deliver goods to nearby homes and sell products at a lower price than other shops, such as selling goods for 2 or 5 rupees less, it will be good for your shop.
Important Note: If you are opening a small-scale shop, you do not need any license. However, after a certain limit, you may need to obtain a trade license and an FSSAI license to sell food products.
3. Solar Business
- Capital Required – ₹1,000
- Income – ₹30,000 to 1 Lakh
- Earning Start – In 1 to 3 Months
The demand for energy is increasing around the world, and as a result, its sources are also increasing. In this way, many businesses in the solar field have made significant progress, and you can also make a good income by becoming a part of it.
By joining hands with India’s top company Loomsolar, you can earn an income of 30,000 to 1 lakh rupees per month with an investment of only 1,000 rupees. Loom solar gives you the opportunity to earn in 3 ways, where you can become a dealer, distributor, or solar installer and start your own business. For more information, you can visit Loomsolar.com and register. Along with this, you can also use many other solar franchise models and start earning.
4. Event Management
India is a country of festivals and celebrations where people keep organizing events for weddings, birthdays, and other small and big occasions. However, during these festivals and events, the majority of people face the problem of managing everything on their own.
This leads to a situation where they are unable to handle the arrangements themselves. This can be an opportunity for you to start an event management business.
As an event manager, you will take care of the entire organization of the event. After that, you can add your profit percentage to the total cost incurred and charge a fee.
You might think that you will need workers for this business, and you will also have to pay them fees. So how will it all work out?
The solution is that there are many event managers who only hire workers on a rental basis during the event, which also reduces their fees.
This is a good business model that is one of the fastest-growing businesses and that you can work on.
5. Mobile Shop Business
The use of mobile phones is increasing rapidly all over the world, which indicates the growth of the mobile phone market. As you can see in this image, every year more than 200 million mobile phones are purchased. In this context, opening a mobile shop can be a profitable business deal.
For this, you need a little more capital. But you can also start with a small shop. It would be better if you start with good smartphones like Redmi and Realme because they have good performance and are available at a low budget.
If you are facing difficulty, you can work at a mobile shop for 2-3 months where there is more sales. This will give you an idea of how it works.
6. Social Media Service
The internet is mostly used for social media. In today’s date, social media has the most influence and it is changing people’s lives.
People use social media such as Facebook, Instagram, YouTube, Twitter, Telegram, etc. to market their business. In this way, you can earn good money by managing people’s social sites.
To do this business, you need to have a computer and some knowledge of social media.
With this business, you can manage social media sites for more than one company and also start your own social media company.
7. Beauty Parlour Business
If you are a woman, then you can open a good beauty parlour by doing a 2 or 3 month Beautician Course.
It’s a business that can be started with very little budget and can even be set up in your own home.
All you need is a sense of makeup and your business will flourish.
If you work hard and keep advancing in new or creative ways, you can easily earn 30 to 50 thousand or even more per month from this business.
8. Health Club
”The first happiness is a healthy body”
Being healthy and fit in life is an achievement in itself – which you can turn into a business.
You can start your business by opening clubs related to it, such as: Yoga classes, Karate classes and Fitness clubs.
For this, you need two things:
- Good experience in any fitness field
- A good place where 20 to 50 fitness activities can be done.
Now, to become an expert, you can take a good course and rent a place or club.
After this, with very few instruments, you can start your business and generate a good monthly income.
9. Mutual Fund Distributor
Investing in Mutual Funds has become a very good option in India, and as such, you can start your business as a Mutual Fund Distributor or Agent. If you do not know what a Mutual Fund Distributor or Agent is, we can tell you that a Mutual Fund Distributor is a kind of broker who sells mutual funds to their clients.
Mutual Fund Agents earn through the commission they receive on the investments made by their clients. The company whose mutual funds you sell gives you a fixed commission rate on the value of the investment you made. For example, if you invested 1 crore in HDFC, the company would give you a commission of 1% per annum on 1 crore, which is 1 lakh rupees. Commission rates can vary for different companies.
To become a Mutual Fund Distributor, you must be at least 18 years old and have passed the 12th grade. In addition, you must pass an exam conducted by the National Institute of Securities Markets (NISM). After clearing the exam, you need to register yourself with the Association of Mutual Fund in India (AMFI), and then you can become a Mutual Fund Distributor.
10. Computer Repairing
If you know how to repair a computer, it can prove to be a best business for you. But even if you don’t know, it’s okay because nowadays many government and private institutes conduct courses on computer and laptop repairing.
These courses are usually three months long, in which you can easily learn the course and open a computer repairing shop.
Considering the increasing use of computers and laptops, this business can be considered quite profitable for the future.
11. GST Suvidha Kendra
If you have knowledge of accounting and GST, then you can start a new business by opening a GST Suvidha Kendra (GSK). You can take it as a franchise business and earn anywhere from 20,000 to lakhs of rupees per month in this business. As your client base grows, your profit will increase, and your network will also become stronger.
Under the GST Suvidha Kendra, all types of services related to GST are provided. To start a franchise of a GST Suvidha Kendra, you can contact companies authorized by the Goods and Service Tax Network (GSTN) to obtain a GSP license. Only those companies with a GSP license can offer a franchise of the GST Suvidha Kendra.
In terms of eligibility, you should have a graduation degree and at least a 100-150 square foot space.
12. General Store
Opening a general store that sells everyday items can also be a very good and profitable business. You can keep items such as groceries, soaps, shampoos, beauty products, stationery, and more.
You can start this business with a capital of 25 to 40 thousand rupees and gradually expand it. Both men and women can do this business together, as there are also many opportunities for the future.
You can take the example of Easy Day Club, who have opened small stores throughout the country and are growing rapidly.
You can also earn good money by becoming a trainer or tutor.
For this, you don’t need much money at all. You can teach others in the field you are good at or in the subject you have a strong grasp of.
After some time, if the number of learners increases, you can add some more tutors or trainers with you. In this way, you can take this business to great heights.
14. Professional Freelancer
It is possible that you do not consider freelancing as a business, but do you know that many people are earning a lot of money as freelancers and by opening freelancing agencies?
- Web Designing
- Software Development
- Content Writing
- Photo Editing
If you have any talent like singing or any other, then you can also easily become a professional freelancer and start your business.
The biggest advantage of this is that you can determine the time, price, and place of work yourself. Additionally, since it is online, you can also do it part-time and earn good money.
15. Paytm Agent
You can earn money by becoming a Paytm agent.
For this, the following qualifications are necessary –
- One should be over 18 years of age.
- It is essential to have a smartphone.
- Additionally, good communication skills are necessary.
How to apply?
- First, go to the Paytm portal to apply.
- Now, enter the information asked in the form.
- Then, make the payment of Rs. 1000 as a fee.
- Finally, submit the documents.
You can also start your own business by becoming a Paytm agent in this way.
16. Bakery Business
Bakery is also a very good and long-term business. It does not require a lot of investment to start.
You can make bread, toast, biscuits, etc. yourself or buy them from a wholesaler and deliver them to nearby markets. You can also offer home delivery for your products.
Generally, people need bread or toast in the morning. If you send your workers to deliver them in a certain area, sales can increase and so can growth.
17. Home Canteen
Just as the population is increasing, work is also increasing, and offices are also increasing in the same proportion.
Office staff do not have time to go home or to a hotel for lunch. You can open a home canteen and deliver food to their office.
There is no need to search for customers because they are already present. You can do this work from your own home, and the income from it is also quite significant.
18. Interior Decorator
Everyone wants their home to look beautiful so that it leaves a good impression on the people who visit. That’s why people often hire interior decorators.
You too can start an interior designing business and help such people. In return, you can earn a good amount of money.
You can also decorate the interiors of offices and shops in addition to homes.
19. Real Estate Agent
Nowadays, everyone wants to buy their own house or buy a plot and build a house on it. You can help them with both by opening a Real Estate Agency.
I know many Real Estate Agents who help people choose a house or land according to their preferences and take a commission of 1-2% of the property price in return.
All you have to do is gather the details of all types of properties and plots and keep in touch with all property owners who are interested in selling their property.
After that, you need customers who want to buy that property. For this, you will need to rent an office and create your business cards.
In terms of future prospects, this business is one of the most profitable business models.
20. Electronic Store
With a little more investment, you can also open an electronic store.
Nowadays, there is a high demand for TVs, fridges, and kitchen appliances, and anyone can easily earn good income by opening an electronic store.
Initially, you can keep your margin low and sell goods at a slightly lower price compared to other stores.
Once you have established a good reputation and customer base in the market, you can reset the rates.
21. Translation Service
If you want to earn money through low investment, then there are many sites on the internet that operate only for language translation.
These sites invite many people to work for them and do translation work on their site.
For this work, many companies offer 10 paise to 2 rupees per word for translating a single word. This rate is determined based on your experience with the work.
To do this work, you need to search for only those sites on the internet that operate on language translation and create your ID on these websites.
Here are some links to such sites where you can perform translation services:
22. Breakfast Corner Shop
Breakfast Shop Business” is a highly profitable business nowadays, which is becoming very popular.
In this fast-paced life, many people live outside their villages and work jobs, which is why they eat their meals outside. Additionally, many people are also unable to leave their homes for breakfast due to being late.
In such a scenario, if you start this business, it will run easily. You can open a Breakfast Shop with a budget of 10,000 to 20,000 rupees.
The most important thing here is that the quality of your food should be good, so that customers remain connected with you for the long term.
The biggest advantage here is that your work will be finished by noon, after which you can do other things as well.
23. Virtual Assistant
A Virtual Assistant is someone who prepares a schedule plan for a company. Almost all types of busy companies require a Virtual Assistant.
If you are interested in doing this work and have some knowledge of the internet, then you can become a Virtual Assistant.
You do not need to go anywhere to do this work, you can manage this work on your computer at home.
To do this, you just need to apply to those companies that are looking for services.
24. Candle Making
Candle Making Business” is a very viable business.
There is a high demand for candles in the market, not just for electricity but also for decoration purposes.
Nowadays, candle decoration is done in big parties, festivals, weddings, and so on.
You can learn candle making online, and if you are good at it, your business can go a long way.
To start a Candle Making business, you should have a budget of more than 10,000 rupees, and if you want to grow it quickly, you can also hire some workers.
25. Incense Stick Business
If you’re looking for a business with low cost and high profitability, the agarbatti (incense stick) business is a good option. Agarbatti is a product that is used by people of almost all religions.
If you don’t know how to make agarbatti, you can learn by searching on the internet. In the agarbatti business, you can earn a good profit with very little investment.
If you have a good empty space, then you can easily start this business.
Those who use their personal vehicle to go to the market or any other place, have to face parking problems.
In such a situation, if you start a car parking business and charge 40-50 rupees from a customer, then you can earn a good income in a day.
27. DJ Sound Services
DJ Sound is very popular these days. Whenever there is a party or wedding procession, people hire DJs for their enjoyment.
If you start a DJ Sound Services, it can be a small part-time business for you, where you can earn good money.
To start a DJ Sound Services business, the first thing you need to do is purchase DJ tools and equipment, and you will also need to hire 2-3 people to help you with the work.
28. Dry Vegetable Shop
Nowadays, there is an increasing demand for dry vegetables in the market, and you can start a dry vegetable business with a very low investment.
Dry vegetables are very expensive in the market, so if you start a dry vegetable business, it can be very profitable.
You can sell dry vegetables like okra, drumsticks, etc. If you grow dry vegetables in your own yard or farm and sell them with good packaging at a cheaper price, you can earn more profit in this business.
29. Vehicle Wash Shop
A very easy and simple way to earn money is by opening a vehicle washing shop. You can open it in your own home.
In this business, you just need to invest in a vehicle washing machine. If you charge around 80-100 rupees to wash a car or a bike, you can earn a good amount of money in one day.
30. Yoga Class
If you are a fit and healthy individual with complete knowledge of yoga, then you can become a yoga teacher, open your yoga classes, and earn a good income.
In today’s time, yoga has attracted the attention of many individuals, making becoming a yoga teacher a new profession.
You can also open a yoga class in your own home with very little investment. If you charge 500 rupees per student, you can earn a good income.
31. Dance Classes
If you are good at dancing, you can open a dance class. You can become a dance teacher and earn a good income.
You can open the class in your own home, and you don’t need a lot of investment for this business.
In this business, if you charge your student Rs. 500 to 800 per month, you can earn a good amount of money in a month.
32. Plant Shop
Due to increasing awareness about plants, everyone is planting in their own yards. In such a scenario, if you open a plant shop, you can earn a good profit.
You can even open a plant shop in your own home. All you need to do is purchase plants, and if you don’t have enough space in your home, you can hire a shop.
You can start this business with low investment, and if you want, you can earn more money by providing home delivery of plants.
33. Pets Food Store
Nowadays, everyone keeps pets at home, so there is a great need for pet food items.
In such a situation, you can open a pet food shop and earn a good income. You can even open a pet food store in your own home, and you will need to pay very little cost for it.
If you want to open a pet food store, open it in an area where there are already very few pet food shops.
34. Clothing Business
You can also start a clothing business, where you can find 25 different ideas.
- Organic Clothes
- Embroidery Unit
- Crochet Business
- Costume on Rent
- Tailoring Services
- Online Clothe Shop
- Alteration Business
- Image Consultancy
- Uniform Making Business
- T-Shirt Printing Business
- Boutique or Fabric Shop
- Belt Buckles Business
- Designer Saree Business
- Silk Screen Printing
- Safety Clothes Service
- Maternity Clothes Business
- Leather Garment Service
- Wholesale Garment Business
- Woolen Clothes Business
- Designer Clothing for Children
- Soft Toys Making Business
- Custom Button Making
- Jeans Manufacturing Business
- Hand Printed Garment Business
- Laundry and Dry Cleaning Business
Some Other Low Investment Business Ideas
Here are some other business ideas that you can work on:
35 Travel Agency – ट्रेवल एजेंसी
36 E-book Author – ई-बुक लेखक
37 Fashion Designer – फैशन डिजाइनर
38 Photographer – फोटोग्राफर
39 Security Agency – सिक्यूरिटी एजेंसी
40 Paper Products Manufacturing – पेपर प्रोडक्ट निर्माण
41 Handicrafts – हेंडीक्राफ्ट
42 Gift Store – गिफ्ट स्टोर
43 Insurance Agent – इंश्योरेंस एजेंट
44 Fashion Boutique – फैशन बुटीक
45 Computer Trainer – कंप्यूटर ट्रेनर
46 Dairy and Sweets Shop – डेयरी और मिठाई की दूकान
47 Used Car Dealership – यूज्ड कार डीलरशिप
48 Driving School – ड्राइविंग स्कूल
49 Online Green Products Store – ऑनलाइन ग्रीन प्रोडक्ट्स स्टोर
50 Toy Shop
51 Chocolate making
52 Building Materials
53 Mobile Fast Food Van
54 Gift Baskets Business Idea
55 Ice Cream Shop
56 E – Friend
57 Paan Shop
58 Gym Trainer
59 Vehicle Service Center
60 Swimming instructor
61 Sport Coaching
62 Hobby Class
63 Juice Shop
64 Bread Making
FAQs About The Low Investment Business ideas with High Profit
What are some low investment business ideas?
There are many low investment business ideas. Some of the best low investment business ideas include selling crafts, art, or handmade items.
What is an example of a low investment business?
An example of a low investment business is selling crafts.
What is the profit margin on a low investment business?
The profit margin on a low investment business can be high. You can make a lot of money if you sell crafts.
How much does it cost to start a low investment business?
It can cost as little as $100 to start a low investment business.