Do you want to start your own new business? Start it right now. Don’t get confused when deciding which business or industry sector shall be chosen.
Every business has its advantages and disadvantages; it’s only about the most lucrative business ideas. It is simply about which business you are most passionate about and the desire to crack.
Your skill set plays a significant role in achieving the goal. and manage to overcome the upcoming challenges.
Let’s discuss some small and cost – effective business ideas for you to choose that match your skill set.
31 Best Small Business Ideas in India
You can start off as a freelancer, if you have skills like writing, designing, coding, video editing, etc.
There are numerous websites and social media platforms like Fiverr and Freelancer, where you can offer your services, find work, and get paid for it. It also offers flexible working hours but also assists you in managing your projects the way you like.
Many freelancers eventually start their own business or agency with experience.
Blogging is one of the best low-cost business ideas that can give you a significant profit. Your investment is only in the form of the ability in writing a blog, a laptop or PC, and an Internet connection. Although it’s very simple but it can deliver high profits.
If the blog you write ranks first on Google, then the blogger can be paid by Google. This is quite beneficial and easy to start. Moreover, blogging is being done by numerous people and they are also earning filthy money without making any investments.
Social Media Influencer
Are you a creative thinker? Do you enjoy in producing unique content? You could have a strong influencer hidden in you. If your content is engaging, you will quickly acquire a follower base.
With promotions and collaborations done smartly, you could be a valuable asset to any brand, bringing in large amount of money and enviable PR packages.
Everyone is familiar with YouTube. Because of YouTube, many famous personalities got their fame. All you need to do is start a YouTube channel, make your videos, and then upload them. The more often you upload, the more visitors you get and more money you earn from online ads.
Makeup tutorials, fashion tips, engaging content, enticing videos, entertaining vlogs, inspirational videos, etc. dominate the scene of YouTube. However, in terms of YouTube popularity, along with talent, you should have cleverness and patience. If so, you can be the next name on the list of well-known YouTubers.
Digital Marketing Agency
By the end of 2025, the digital market will grow at a CAGR of 27.4% to cross the INR 50,000 crore mark. If you are familiar with the nuances of digital marketing and can effectively build or use resources like writers, social media managers, designers, developers and search engine marketers, you can start a digital marketing agency. Additionally, you can get web hosting for businesses and sell hosting services to your clients.
Since it’s all online, you don’t have to invest in getting on an office. It might be included later as and when the business grows.
Stock Trading is a good way to earn a lot of money. You can start stock trading with a small investment and make that money to work for you. But, before you start stock trading, as much as possible, gather knowledge about the share market. Then only you will be able to earn money by stock trading.
This is a high risk, high gamble field that requires experience, ingenuity, and luck. There are many inspirational stories as well as disheartening ones. Go for trading only when you are able to bear the brunt of falling on your face. This also requires some experience to earn a significant income.
Every parent wants to provide their children the best education possible while they are going to school. The need for a skilled and dedicated tutor for every child has become a necessity. Consequently, there is now more demand for tutors. You might also opt for an online tutoring, as many students nowadays are achieving success in their education by availing online tutoring facilities.
If you’re well-educated and well knowledgeable about teaching, with this business, you can get started without making any capital investment.
One of the best things about this business is that you can start it by creating your own e-commerce website without even investing a sizable amount or without stocking any product. As you don’t need to buy anything until you get a customer order.
There is a simple procedure that you need to follow in order to start your drop-shipping business:
- The first thing you need to do is find a supplier such as Amazon, Flipkart, Snapdeal, etc., and partnership with them.
- Create an e-commerce website and make a list of the products you want to sell from these suppliers.
- Promote your website on social media platforms like Facebook and Twitter as well as other online marketing channels.
- Once you receive orders from clients, place the order with suppliers and ask them to deliver the items to the customer’s address.
Virtual Assistant Service
Virtual assistance service is a remote job where an individual is working on a contract basis with a company providing assistance with regular tasks. This is a remote job that can be done from home or remotely.
Typically, it involves being skilled in social media management, administration, or a someone who can schedule, make calls, or arrange trips. You can explore a variety of options with it or upgrade your skill set to get jobs with best companies.
Nowadays, almost all companies have their own websites. This has increased demand for web designers as every business wants to have a website for their services or products they dealing with.
The startup doesn’t require significant investment as you would need a computer and learn some skills of web designing from a training center or institute. You can also learn web designing online. Once you know how to design websites, you can approach local new or existing companies to find out if they want to build a new website or modify an existing one.
As we all know the demand for mobile phones is rising quickly every day and for mobile apps as well. The scope of making mobile apps in India has a huge potential. For a mobile app maker you need to have technical knowledge of all the tools related to its development (tech-savvy), Understand the needs of the user and designing the app accordingly.
People rarely have the time or patience to cook their own meals in a fast-paced world. Eating out and takeout is fun until you can’t eat junk food any more. The term “tiffin services” refers to those that supply regular, homemade food on a monthly basis.
This business is excellent to start, especially if you are living nearby a commercial area, college, or hostel. You are able to cook basic meals like roti, sabzi, dal, rice, and a few salads. You can start by supplying tiffins in your neighborhood and slowly market it via social media and word of mouth.
Individuals and housing societies owning gardens are usually unable to attend to their favourite and sometimes expensive lawns, trees, and plants.
As a result, they look for small businesses that can do the required task. You’ll need to spend money in some gardening equipment and hire employees to enter into this small business, which is also round-the-year in demand.
It is one of the most lucrative businesses for the people in India who are capable of making all the bakery items, like cakes, pastries, cookies, muffins, and bread.
At an appropriate location in a market, you can open up a bakery where there is a large customer traffic. Additionally, it has various opportunities for growth and expansion, and that too without investing a big amount. You only need to be armed with a great oven and for the preparation of these baked delicacies you require great skills.
In India, weddings constitute is a big industry. The “huge fat Indian wedding” is a timeless tradition. To become a wedding planner, you need to have great networking skills, creativity, and the ability for quick decision-making. Although, initial projects may not pay well but with time, you’ll grow by leaps and bounds.
Rural Handicrafts Shop
Making and selling handicrafts is a major source of income for many rural households. Due to their lack of business acumen and internet access, they fail to run or market their business.
You could partner with select artisans and help them to sell online, you may either take a commission on each sale or buy in bulk and resell it. Along with making a profit, you will also help rural population in improving their standard of living.
Increased use of scented candles in Indian households has contributed to its growing demand. But more importantly, it’s simple to make! Just 4 ingredients – wax, essential oil, wicks, and a mould to get started.
You can online sell the homemade candles. You can easily earn about INR 20–25K a month with a candle-making business.
Most of the urban populations is altering their habits and choosing an organic diet. Organic foods are free of pesticides, rich in nutrients and antioxidants, and hence greatly preferred. If you have spare agricultural land or has enough space around you to start organic farming. or has enough space around you to start organic farming.
Many technical experts provide knowledge of farming for free, or you can hire an expert to farm your land. The market for organic foods is growing exponentially and bound to have a high demand in the future.
Yoga is one of the oldest techniques for good health! From core strengthening to improving your flexibility to balance- yoga offers everything. People are waking up to the importance and advantages of yoga.
After completing the teacher training course, many yoga practitioners turn trainers. Both offline and online yoga classes are in high demand. All you’ll need to invest is in a good camera and a good internet connection.
Jams, pickles & sauces
People are becoming more and more concerned about their health, the demand for healthier, non-commercial jams, pickles, sauces, and ketchup is rising.
Moreover, customers nowadays are hesitant to consume food that contains any sort of chemical. In this scenario, you can make jams, pickles, sauces, and ketchup with traditional recipes that are chemical-free.
Unique ice creams
Some years ago, people would have balked to the idea of ice cream made with capsicum or tomato. However, these unique ice creams are popular nowadays.
Unfortunately, there aren’t many companies that manufacture such rare ice creams despite the huge market. If you have the courage, you can start a low-cost ice cream business.
Boutique, Salon, Spa
Services related to grooming, fashion, and personal hygiene are always in demand. Once you’ve make an initial investment in the business and raw material, if you can focus on selling and brand partnerships, you’re very likely to turn it into a successful business idea. For the same, a small business loan can be easily accessible. If you’re interested in starting your own business, the right time is now!
Fragrant and Regular Candles
Candles can be used for more than just lighting up homes during power cuts or religious centres, they are also used for interior decor at weddings, shows, offices, homes, and other events.
It’s not difficult to make a candle. With some training and experience, and with the use of scented oils you can make scented candles of different shapes, sizes, and colors. Fragrant candles are extensively used for meditation and relaxation purposes in spiritual and religious retreats.
If you can cook big meals, catering is the small business you should consider. Catering businesses have a high potential for earning, and if you take your catering business online you are bound to get more clients.
A lot of villages are far from major city areas a clothing store will provide the latest style and high – quality fabric will be a success. With the spread of the internet into Indian villages, With the spread of the internet into Indian villages, city-style clothing is becoming popular in rural areas. Business owners will need to find garment suppliers which might bring a variety of clothing on commission. This can be a lucrative business idea in village as villagers can’t travel to cities.
Affiliate marketing is the most lucrative way of earning money online. It is the oldest type of digital marketing, when you recommend any online product to someone and when that person buys the product based on your recommendation, you are given a commission. This business needs very little investment to start.
Real Estate Agent
The cost of land keeps increasing every day and many people are unable to find one that satisfies their needs. This is where real estate agents can pitch in as helpers to seek for the best deals.
Being a real estate broker or agent is extremely beneficial. You can put up tariffs to find a potential buyer or look for the real estate required by prospective. It only needs communication tools and proficiency in speaking to please consumers and earn money.
This is the term where there is no initial cost. Just like Quikr and eBay do just like Quikr and eBay do find the people who want to sell their used items and connect them with those who want to buy those used items. When the deal is exchanged, get the commission.
Accounting and Tax Preparation
If you’re skilled with numbers, tax and accounting preparation. If you are knowledgeable in accounting, taxation, and other related topics, you can handle financial records and tax-related concerns of businesses, and to generate a sizable profit with low investment. You’ll need a computer and a good internet connection and may require to hire some people as you scale up.
Everything that is made by hand has a personal touch, such as gifts or chocolates, which you can never go wrong with. Handmade chocolates need proficiency and craft to make them marketable. There are countless combinations of chocolates that can be experimented with in different permutations. You can start with showing your creativity with homemade chocolates as gifts, return gifts at birthday parties, anniversaries, etc.
Significantly more people are becoming health-conscious. With this increasing fitness awareness, there has been a significant increase in demand for gyms or fitness centres. It has even become a part of many people’s lifestyles. Initially, you can purchase a few low cost equipments.
There have been more and more opportunities in the manufacturing industry and other sectors in urban centers. However, many of the young people without jobs live in cities and small towns. As a result, small-scale industries in rural areas can handle two huge problems that the Indian economy has faced: low production of commodities and unemployment.
Some very doable village business ideas can help the local youth in finding sources of revenue in their own backyards. Small yet profitable, these small business concepts for rural areas can enhance rural life without being dependent on government help or schemes.