25 Low-Cost Small Business Ideas For Company Registration in India?
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Choosing the right small business idea is critical. It can make or break your company. Luckily, there are many lucrative business ideas that require low investment.
These ideas include service-based businesses and those that require a minimal amount of startup capital. You can even start a business from home with these 25 low-cost Small Business ideas.
Ice Dish & Soda Shop
With a minimal investment, you can open a shop that sells carbonated flavored drinks. Aside from this, you can also offer snacks such as sago fritters and papads.
Those who have good culinary skills can take advantage of the demand for traditional Indian food. This type of business can be done at home and requires only cooking equipment, ingredients and a space to set up your kitchen.
Stationery is a must-have for schools, offices and other establishments. It is an evergreen business that can bring in huge profits.
Laundry Service
People who do not have the time or equipment to wash their clothes on their own can benefit from laundry services. These services are provided to customers by companies that provide laundry machines and offer pickup and delivery.
The laundry owners have the option to track their drivers on a map view and can keep a record of what they earn within the app itself. This makes it easier for them to manage their orders and meet customer expectations. This also helps them to save money on washing costs.
Doula Service
Doula service is a new concept wherein you provide emotional and informational assistance to a woman during her pregnancy and childbirth. This is an excellent business idea that can be started with very little investment.
Organic Farming is a good option to start a small profitable business if you have a piece of land. This business is increasing in popularity due to the demand for organic food.
Another low-cost business idea is to sell scented candles. These are in high demand and can be made from home with a minimal investment.
Organic Farming
Organic farming avoids synthetic fertilizers and pesticides. Instead, it relies on crop rotation and natural predatory insects to manage pests. It also encourages biodiversity on the farm and in soil to improve nutrient levels and reduce erosion.
Organic farmers also build healthy soil by replacing nutrients in the soil where crops were grown, as well as through crop rotation, according to the Rodale Institute. This helps reduce water pollution and energy consumption. In addition, organic farmers use a variety of cultural, biological and mechanical tactics to manage weeds without the use of herbicides.
Mobile Garage
Taking up mobile garage service is one of the best small business ideas that can earn you a great profit. This service needs a rented vehicle packed with tools for car repairing and other related services. You can promote your start-up by making a website and using email marketing and social media ads to get popular among people.
A modelling agency can be a lucrative venture, as it involves remunerating models on commission basis. With a low initial investment, you can easily start this business. It is also an ideal business idea for those with a good sense of fashion and beauty.
Pest Control Business
Pest control services are required in both urban and rural areas to safeguard residential buildings and commercial establishments. This business offers tremendous scope and profits for new entrepreneurs.
It is crucial to hire skilled and sincere employees who are committed to providing remarkable customer service. The employees should also be trained and have prior pest control experience.
It is essential to maintain careful accounting procedures to ensure accurate record keeping and to establish a strong professional reputation
Paan Center
If you have a good understanding of foreign languages, you can start a business that provides lessons. This is a great business idea that can be started with minimal investment.
Many small businesses do not have websites and are unable to hire web designers. This business would help these businesses create websites at a reasonable price.
With smartphones becoming more popular, there is a demand for mobile advertising. This business would specialize in creating mobile ads for companies. This is a low-cost business that can be run from home.
Landscaping Business
Landscaping is a great business for people who have physical strength and enjoy working outside. It can be a profitable venture when you target recurring customers like hospitals, business complexes, and residential communities.
When starting a landscaping business, it's important to understand the costs associated with operating your company. Cost tracking enables landscapers to maintain profitability even as they scale. Use a digital ledger to track daily expenses and provide clients with accurate estimates. This way, you can avoid unpleasant surprises down the road.
Aquarium Business
Aquariums are popular among people of all ages and offer a relaxing visual accessory for homes and offices. With careful planning, you can tap into this $6 billion industry and make a good living.
One-time expenses for an aquarium business include building/renovation costs, inventory and equipment purchases, professional fees, and marketing expenses. These costs can add up quickly, especially for a large retail space that requires expensive security systems.
Utility fees can also be costly for aquarium stores, as they require a significant amount of electricity to power lighting, heating, and filtration systems.
Fancy Dress Renting Business
Web-based dress rental platforms like Rent the Runway, Bag Borrow or Steal, and Le Tote have become popular among style-conscious people who want to rent dresses & accessories instead of purchasing them. Such platforms help save time and money.
An e-commerce website with an optimized checkout page is essential for any business that sells digital products. This feature helps minimize cart abandonment and boosts conversions.
A 'Request an Item' feature is another useful feature that helps customers find exactly what they're looking for on your dress rental marketplace.
When considering these business ideas, remember to conduct market research and assess local demand to ensure that your business aligns with the needs and preferences of the Indian population. Additionally, consult with company registration consultants to navigate the legal aspects of registering your business efficiently and in compliance with Indian regulations.
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