Wondering if opening a business or a startup idea will require a huge amount of capital? Well, it’s not the case anymore. Even with your regular work, it is possible to open a small business in India with minimal investment and earn more profit in business. All you need to do is to find such ideas that require less capital to begin and that have a market. And guess what? We have compiled seven ideas for successful small businesses in India for you. Let’s see them!
Here are the seven best small business ideas that you can implement with very little investment:
∙ Tours and travel agency: If you love traveling and are interested in organizing tours and travels, you can open a travel agency. You can start providing travel-related services by paying a minimal set-up cost.
∙ Real estate agency: Real estate sector is on the rise and will do so in the future. The best time to start your real estate agency is now. You can go for residential property brokerage or commercial property brokerage. Further, providing your services to both tenants and buyers will ensure a steady flow of income.
∙ Mobile repairing & trading: If you understand smartphones well, you can open your mobile repair and trading shop. For trading, you have the option of new phones or second-hand phones. But second-hand phones give you more profit margin. For more info on quality second-hand mobile phones, visit Pay1 – YouTube.
∙ Used car dealership: Used-car market is on the rise. Therefore, you can start a used car dealership business and sell used cars to your customers. Further, you can also provide car rental services.
∙ Investment advisory: Knowledge about financial instruments, different sectors and assets, investment strategies, etc. can help you pick investment advisory services for your business. There are people out there who have the capital to invest and are looking for different investment options. You can guide them, provide investment advisory, and charge certain fees for your consultancy.
∙ Coaching classes: If you are interested in teaching, you can go ahead with tutoring students. You can start your coaching classes right from your home. Decide the field you want to teach and gather students for the same.
∙ Online business: There are plenty of online business options available. Some of these include:
o Aadhaar enabled payment system (AEPS)
o High commissions on ticket and hotel bookings
And the good part is, you can provide all these services together under a single roof.
If you were worrying about how to grow your business, why not just start with a new or side business with Pay1? These are no less than startup ideas with less investment and risk. Get enrolled with Pay1 now! call 022-4293-2288.