We have always heard about how impractical it is to have your own business without a great investment in nurturing your idea. But things have changed with time. Gen Z doesn’t follow old school of thought when it comes to earning. With the introduction of technology and connectivity all around, working is way more fun today than having a nine-to-five job after a bundle of degrees in your name. Young people today are exploring new business ideas that require small investments. In this article, we will cover some of these low cost business ideas with high profit and low investment business ideas in India.
50 Low Cost Business Ideas with High Profit in India
India is growing really fast and to be in the race one needs to be faster. Getting a great degree, working for 20-30 years and then retiring is the life of the past. This generation wants to create startups and invest in ideas that make them profit. Many successful businesses began with small funding from friends and family. The business ideas given below are similar as they need minimal investment but they can generate high income with time. Let us now begin our list.
If you have been your friend’s last resort just a couple of days before the exams and your exceptional teaching skills have made it for him, trust me that’s the best way for you to do it for everyone. It is one of the low cost business ideas with high profit. Teach! Because teaching never goes out of trend. The best way out there to evolve is to be updated and keep learning. Being a teacher one can easily do that and even get paid for that.
There are various ways to be a tutor:
- Start with Institutes like Unacademy where talent and commitment matter more than a degree or other similar online tuition platforms. You can also create your own. All you need is a little investment in creating videos and editing them which can also be outsourced.
- Another way can be home tutoring school kids. Many parents today are engaged with Byju’s and all but a lot are still in search of private tuition where they don’t need to involve their kids in smartphones.
- You can also open an offline academy like the traditional way of tutoring.
Blogging can be something which you can even do as a hobby too. It needs a domain name and a hosting platform along with your consistency. Having great writing skills is also really important.
And if you are wondering what great writing skills means, let me tell you that it is not being advanced in vocab and using jargon all over rather being a good writer means where you can explain what you want to say just by framing it into a sentence.
What other than this can be a low cost business idea with high profit? Like it will only cost you around a minimum of Rs. 500 per month with enormous earning opportunities. Things that matter the most in being a blogger are to be ready to find crispy material and keep researching. Be informative or a problem solver to keep your audience engaged. This is one of the best low investment business ideas.
3. Gifting Studio
Gifting has become quite famous as we are shifting to better living standards. It’s not only birthdays today when we give gifts but many other occasions. Especially, corporate gifting or taking gifts when you visit a relative has become a great business area. This is one of the best low investment business ideas in India.
In a gifting studio, all you need to do is make a plan or a creative box including various items and sell it with your packaging. In this business, you only need to create one sample for each product of yours and place it on your website. Then prepare packages after you get orders. Faster you will be able to arrange your supplies and provide customers with more business you will get.
4. Graphic Designer
In the era of online business and websites, one can be a great value addition by providing services like designing logos, templates, posts, blogs and more stuff for the organization and get paid for it.
The use of creativity and artistic skills along with technology can make you have a successful business. You can also go for a diploma or certification course in Graphic designing. Implementing this small investment business from home can get you an average of Rs. 25k per month even as a beginner. This is one of the low cost business ideas with high profit.
5. Virtual Assistant
If you like helping others and have good knowledge of computers then this work is for you. All you need to be a Virtual Assistant is as follows
- Great communication skills as you will be chatting with someone from your home so one should be involved with your chat is the goal.
- Time Management skills as one will be dealing with more than one customer and due to multiple clients and schedules, multitasking is really important.
- Researching skills need to be there in a virtual assistant to provide answers to the queries clients might face.
- Also, other things like being great at speed texting along with accuracy are important to go on with.
Being an influencer is a time taking process but it can get you to the real heights. All you need here is to follow trends. You can be any kind of influencer you want – fashion, Cosmetics or skincare. Whatever makes you happy. Many influencers do paid promotions too once they reach a certain limit of followers which is a kind of passive income for you. This is one of the best low investment business ideas in India.
7. Start a Podcast
Do You like to talk a lot? Well, earning by talking then. Be meaningful or share your opinion and reviews. Also, you can just tell what’s in your head like talk about mental issues and motivate others, share book reviews if you are an avid reader, go for fitness routines if you are a gym freak etc.
Starting a Podcast can be done with a minor investment of a good mic or one can use a quality neckband and some editing subscription to cut the noise. Write a script or get it written and shoot – Be the Voice. Worried about if that will work? Let me tell you podcasts and audiobooks are not only entertainment but they have information that’s a need as they are easy to listen to while multitasking. This is among the low cost business ideas with high profit.
8. Life Coach
After an interaction with a pandemic in 2020 most of us today are in terrible mental health. People are still struck with losses, might it be an emotional loss, financial depression or lifestyle change. For example – work from home.
Being a life coach, you can help people live a healthy life and have a great mental build. All you need to do here is talk and customize plans for people asking for personal coaches or just go with making generic programs where everything is well balanced and can help people in extracting the good essence of life.
You can teach people things like they should read or have rest, how they can be more productive, what fun activities can help them grow or what habits they can opt for, etc. This is one of the best low investment business ideas in India.
Also Read: 24 Best Franchise in India
9. Social Media Manager
Who Needs to explain how lucrative social media today is and how it can lead a business from nothing to everything. Every startup, famous personality, growing brand etc. need to have a social image and appearance all over social media, whether it be Instagram, Facebook, LinkedIn or Twitter. All you need here is a smart phone and analysis skills with great planning. This is one of the best low investment business ideas in India.
10. Write Resumes and Cover Letters
Writing has way more opportunities than one can imagine. It is great when that habit or skill can be your source of income. Many youngsters are struggling to write Resumes and cover letters and that is another reason many fail to make it to interviews. All they do is copy paste something from a friend or Google with really minor changes. This is one of the low cost business ideas with high profit.
There are many courses to provide you with such skills all over. Getting a certification course or just going with your skills will be of real help. This will need you to have great drafting skills as well other than writing only.
11. Home Bakery
Baking is a talent not everyone has got. So, if you have one don’t only flaunt it, get it to earn well. With the idea of a home bakery, the only thing you will be doing is delivering that too at your choice of time and this can also be treated as part time work. It is among the low investment business ideas with high profit. Investment here is only on the advertising whereas income is quite Hefty. This is one of the best low investment business ideas in India.
12. Personal Stylist
Being Stylish is common but being great at style and one who always gets it right is unique. There are many influencers who are quite successful and get people to be their personal stylist because of their high involvement in day to day stuff. They actually lack time to get fashion out of the box and also which suits them.
Many high value entrepreneurs can be your market too. So, pick up your fashion sense and put it to use. One can start with a portfolio preparation of all your great ideas and then you can share it to generate leads. This is a great small investment business from home.
13. Tour Guide
If you are from a place like Jaipur, Udaipur, Delhi etc. where there is a lot of history to discuss and learn about and also is a tourist attraction be a tour guide. You can go on with a group of people and charge a fixed amount for every group so if you take five groups together you will get five times in one go.
Here learning and researching more is the key factor to your success. For being a guide, you must have all the knowledge and know all the ways around the area like what is nearby shopping street or eating hotspots and stuff other than the history and myths about the place itself.
You can also get a commission from the dealers and eating outlets for making visitors go there. It is among the best low cost business ideas with high profit.
14. Photo Editor
Photo editing is really a need today in order to make your social accounts amazing and also for articles. There is a huge need for the same when it comes to photoshoots for models or might it be personal.
There are various tools to edit but having a command over the same is also really a task. Apps like Adobe Photoshop are essential but need someone to learn the ways to use them. This is one of the best low investment business ideas in India. You can invest in subscriptions and get certified or just learn skills from weekend classes or hourly courses.
15. Recruiting Services
In India, Recruitment is nowadays outsourced. Like keeping an in-house Human resource team for recruitment now has become really expensive and not needed actually. Outsourcing service is more efficient and a simplified task.
Things to do here are posting for the role available, checking eligible candidates, searching for them, placing interviews with them, taking such interviews and even deciding if they are fit for the role. This is not where the service of a recruiting person ends. Logging in timings and checking for payroll even issuing salary everything is in their control. This is a great small investment business from home.
16. Yoga Teacher
Fitness Is really important and the trend of Yoga is surprising us too. Yoga is a practice which originated in India and is back in India again with many people following it. That means the need for Yoga teachers is increasing similarly too.
If you are a preacher and a follower of Yoga or interested in learning Yoga through some known institutes this can be a great small investment business from home too. Make your videos and upload them to your website. You can run a whole fitness website with features like Yoga for weight loss, Yoga for diabetes etc. and let people enroll in your programs which can be a blend of recorded and live.
On the other hand, you can also open a Yoga studio which will cost you more of course but that can be the next step in your business. This idea is among the top low cost business ideas with high profit.
Also Read: 12 Top Young Indian Entrepreneurs
17. Plan Parties
Planning things isn’t just making a plan without proper coordination and implementation, it is actually nothing. That’s why planners are in demand. A person who can plan, coordinate, keep contacts and get things done in cheapest and with excellent quality is the one required.
For this, you need a personality that reflects these attributes and good networking and communication skills. Keeping everything perfect and top notch is the goal here.
Investment, in this case, will be of an office and advertising. You can also start with meeting people at their home or other venue too if you want to save cost of an office. This is one of the best low investment business ideas in India.
If I may say this is something which we really have adopted from the western culture and is a must in this era where both parents are working and have less time to run errands and take care of kids. Above that everyone needs a fun day too. So, Babysitting or day-care is a quite reliable business today and for the time to come.
Also, all you got to do here in Babysitting business is get people to do it and maintain decorum, no office or anything required. But if you are thinking about a daycare that would need quite an investment to make the place Appealing. This is a great small investment business from home.
19. Candle making
Heard about the buzz of scented candles? It is getting quite in trend because of the advantages it possesses. Even candles in today’s world are of the least need and use but the idea of scented candles has turned the tables around. These could be found in every spa and office in the modern world.
Make it home based so that you only need to invest in material and not the production unit. Also, having a perfect balance of Unique as well as bestselling aroma based ones is the key to success. This business idea is considered one of the best low cost business ideas with high profit.
20. Career Counsellor
Career Counsellor are the ones who talk to children and help them decide what they can do in their studies further and what they can be. Most of the kids have no idea what to do. Confusion about career choices can make you suffer for longer than you think. Many movies and real life cases are the proof of children being a victim of mental distortion.
Being a good career Counsellor not only makes you earn well but is also good for society. This is a great small investment business from home.
21. Traditional Food Business
This is a great small investment business from home. In the name of Food GenZ is totally involved in Pizza, Burger, Fries. Momos etc. Traditional food has lost its identity. Still, there is a huge audience who love that food and are willing to have it without preparing it. Reason being time issues and its authentic recipe. Ordering stuff seems a lot easier.
The lack of availability of traditional food all over makes even ordering expensive and hard. Delivering hygienic, delicious and authentic recipes will make your business grow in no time. It is one of the best low investment business ideas in India.
Astrology was a $2.2 billion industry before the pandemic. And still, that is rising back with the technology this time like all other things. Many people do have a firm belief in knowing the predictions and working to take up the right steps. But, to be an astrologer you need to study Astrology.
You can even start from the comfort of your home and go online with this business. There are various types available like chat, Live sessions, private calls etc. Being an astrologer is one of the best low cost business ideas with high profit.
23. Car Pooling Service
After sharing cabs going down due to covid this is a great opportunity to start with. Car Pooling services with online booking is quite an interesting one out of the low cost business ideas with high profit. All you need to do here is keep in a loop of people having cars and are interested in pooling and people who want to get it on share.
That way you can keep setting up people or just in case you are ready to invest a little more get a program ready to help you where people can list themselves and your company gets the commission benefits. This is a great small investment business from home.
24. Freelance Ghostwriter
Ghost Writing is a concept when one person writes something on the demand of another person anonymously i.e., without any credits. Here, all you have to do is write on the topic given and give that content in exchange for money to someone else to use under their name.
Many websites and bloggers use this to keep more and more stuff flowing to their sites and engage an enormous audience. This is a great small investment business from home and among the best low investment business ideas in India.
25. SEO Expert
SEO has been really important today to grow every organization available online. This job is crucial because SEO is what makes you rank on Google and being an expert in SEO means learning how you can make someone rank in Google. It is a highly in demand service not only for organizations but bloggers, news websites, social media channels etc.
And why wouldn’t it be like every time we search for something it is our tendency to look out at least one of the three top options and in most cases people hit for the first result out from Google.
Providing this service needs you to be really good at SEO. Learning from really helpful courses is a must. Avoid reading a little about SEO and start working for someone directly.
26. Sell Photos
If you are good at photography, why not earn by selling your realistic Photographs. This industry has really been a boom over the last 2 – 3 years and has seen quite a pain in covid-19.
All you need is a camera with great quality, knowledge and skill about the same along with other equipment. And the best part is to get to travel all around in search of amazing photos which can be sold for amazing value. This is one of the best low investment business ideas.
27. Brand Face
Many brands need a face for increasing recognition of their brand like in reels or for being on the front line when it comes to interacting with clients. The reason is that India is still struggling with personality issues. Like people need to learn to have acceptance, many out there have skills but lack the confidence to communicate such skills or are too busy to be in marketing and interacting with clients.
Such opportunities mostly are available for social media and with companies providing professional services. This is one of the best low investment business ideas in India.
28. Home Salon
Home salon has become quite important after the pandemic. It has already captured a huge market as it is way cheaper and time saving method. Also, from service provider’s point of view it doesn’t require a fancy place and a huge budget for making the salon interesting and appealing.
All you need is equipment and people with skills to visit the site. Many huge bookings are done with these home salons only. This business belongs in this list low cost business ideas with high profit.
29. Elder Care
Old age people suffer a lot today because of more and more earning individuals in their home. Those who can spend money but have no time need someone to do things for them in exchange for such money. Another scenario can be when someone is not physically able due to their age to do tasks themselves. This is one of the best low investment business ideas.
All you need to do in the aged care business is read books to them, talk with elders, show them interesting stuff and take care of their needs and availability of essentials. No hard stuff, no cooking or working like anything on the table for you. Just spend time and care for them as you care for your family.
Reviewing Places has been a lot easier and now even it is what everyone is desperate for. Then why not be a reviewer? Learn about the place or thing, visit there or use it and place a review. Also get paid for it, if you write a review on demand.
Many organizations with genuine service want you to draft and post reviews in order to be as genuine on Google as they are in real life. That is why they ask for paid reviews which can bring leads.
31. Pet Care
Any pet lover in the house? Lol! There are a lot of pet lovers who genuinely want Pets and many of them even do have pets too but the issue they face is the time to take your pets out for a walk, to brush them, help them take a bath or feed them etc. Pets are like kids to them so is the need for a pet sitter. This is one of the low cost business ideas with high profit.
If you are good at listening and typing here is what you can do: write subtitles for videos in different languages and be an international business in one go. All you need to do here is be concentrate and write what you hear properly. And of course, we all know what subtitles are, aren’t we? So, start a Transcription business today. It is one of the best low investment business ideas in India.
Also Read: 12 Best Dropshipping Suppliers in India
33. Project Creators
Ever Purchased a school project just because you don’t want to do it. Then why not do it now? Well, you will be surprised by this statement but in school days we used to skip making projects because we had to play or go out and stuff there was no motivation. Projects are hard to do. But here the motivation is that you are going to get money for those projects similar to those you have purchased some time back.
So, here you go take projects and make it within the deadline. The student gets an A and you get your fees for the job done. Moreover, you can use this idea for colleges to earn at a higher level. This is one of the best low investment business ideas in India.
Being crazy about plants is a real benefit. Like why grow a mini forest in your home if you like plants rather than grow for others and earn from that. Here your task will be to grow a variety of plants based on their season, take weeds out and trim grass like stuff.
A little planning and a little physical work. Sometimes you might also need to plan a garden for people. Isn’t this a great way to earn? Then what are you waiting for? This is one of the low cost business ideas with high profit to start with.
35. Amazon FBA
Amazon FBA (Fulfillment by Amazon) is an outsourced service which helps in order fulfilment link pick the order, pack it, ship it etc. Login to Amazon selling accounts and set up FBA and be a highly scalable business. This is one of the best low investment business ideas in India.
Dropshipping is another most wanted thing in this busy lifestyle. So, let’s see what it actually is. Being a dropshipping business what you can do is take orders from households like groceries they need to buy or all household chores related stuff, buy it from places they want it and deliver it to them with your delivery fee. This is one of the best low investment business ideas.
It saves your time and makes your business. For local shops you can also set margins or commissions with them and get dual benefits. There is a dropshipping company from Punjab which has been doing great for a long time – Snazzy. It is just like a mini Amazon.
37. Travelling Consultant
Be a travelling Consultant and plan trips for others to go abroad. From flight ticket and VISA headache to accommodations and tour plans make it all as per the need of your client and earn great Profits. All you need to do is help them and get your fees. This is one of the low cost business ideas with high profit.
38. Manage Accounts
Account and portfolio management is really a tedious task. Not everyone is interested or can do it. Being complicated and easy to lose control over is the nature of accounts. Many organizations are weak or at a smaller scale to hire a top notch accountant and get proper accounts ready to be presented. So, to avoid this headache they outsource accounting to freelance accountants or Chartered Accountants.
This is another great business if you are perfect in accounts and can have a strong hold over managing it. As it is a trick and essential. Even many emerging HNIs need accountants to manage their books as they want to know how it can be presentable and what is the real wealth they are generating.
39. Stock Market Advisor
With India going more into investing it needs a lot of experts in that area too. Providing services like advising on stock market is a really good business to have due to its growing scope in coming years and even today. It needs expertise in tracking companies, learning how stocks move, being updated by the events happening and setting targets.
With your advice the more benefit people will get, their chances of comeback will be. Why advise people for free when you can charge for it. This is among the best low investment business ideas in India.
40. Personality Development Teacher
Being presentable is of utmost importance today no matter where you are or what you do your personality will define you. There are a lot of people who feel they have talent but their talent is not as much appreciated as it should be. That is why these classes are in trend. There it is being taught how one can present themselves. From helping you know how to talk with your body language like telling you how to sit, stand, walk etc. to helping you in maintaining your style and keeping your words right these classes are really helpful.
This is basically a way to train you for the world you are entering in. Here people learn etiquette and develop themselves. If you are confident enough then this business can take you to another height.
41. Art Consultant
Many High class societies are fond of Art and in many places Artworks as a status symbol so people even without being interested want to have Art to define their class and personality. Many offices need Art everywhere to give a luxurious vibe. If you have a good eye in art, or you get started with an art consultant business, advise people about what kind of art suits their place and fulfil their purpose.
Nowadays many cafés are theme based and need art consultants to help them to look lavish and appeal to customers. An art consultant can have ties with the artist or art publishing studios and roam around at art exhibitions too to take up their business and make people feel the art. This is one of the best low investment business ideas in India.
42. Relationship Consultant
Heard about the alarming increase in divorce cases in India? It is more of a hot topic than that of pandemic, market recession or anything else going on. And why not? It is quite of a concern how society is shifting a lot towards that issue. Most of the time reasons for such things are so little that they could have been ignored easily with a healthy state of mind. This is where the opportunity is. Like there is a marriage consultant and a divorce Consultant. There is also a need for a middle one, a relationship Consultant who can listen to the issues and understand them well to help people get over small things and get into a healthy environment and be in a healthier relationship.
Have you ever given any relationship advice to your school or college friends? If yes, then don’t give it for free anymore. Make it your low cost business ideas with high profit.
43. Mock Test Business
Do you have a friend who is preparing for CA/CS/IAS or any other government exam, say banking? If yes, then you might know how much they struggle with exams and attempts.
A topper of the class is struck in an attempt to pass. Tragic! But what’s the issue? Well according to research and many experts, the issue is the mock test while the preparation. There are a few websites only who are providing practice tests for affordable prices.
All your investment here in this idea among low cost business ideas with high profit is a website and someone to check these papers. If you are wondering about how to make papers well all you need is a mix of scanner and various trending questions.
44. Affiliate Marketing
Networking is a key to success. Building others to build yourself is the thing we have learned many times in our family or in school. Let’s apply the same to the business and be an affiliate Marketing agent. Create a team, expand your team, be a leader and then an entrepreneur.
45. Proofreading and Editing Business
Ever wondered how certain written content is so perfect with no grammatical errors and great application of words? If you think people write it as it is in the first go then you are definitely wrong.
To get to an accurate level there is a great hand of a proof reader who goes through the document thoroughly and mark the errors along with editing various things in one article. If you are good at grammar and language why not give it a shot. Start a proofreading and editing business. As there is a high demand for that due to heavy blogging and website generation.
Also, you can learn from certification courses on how to be a great Proofreading and an editor. Use Unacademy, Udemy like platforms to learn and keep upgrading your skills to start with one of the low cost business ideas with high profit.
46. Homemade Skin Care Products Business
Skincare products are really in trend since the era of Skinimalism has been started. People are switching to skin care from makeup and many brands have entered the skincare industry. But homemade Ayurveda is too much in demand. Only issue faced by these organizations is that their high selling price makes customers conscious. They are also not lowering their prices because they know people will buy.
Homemade skin care doesn’t cost too much so the idea is to make cost effective good products and get yourself a website. Ta-Da! You are ready to rock. You can also list it on Amazon, Flipkart and other platforms for a higher customer base. This is one of the best low investment business ideas in India.
47. Home Staging Business
Property selling is a task in today’s era and many people are struggling with getting rejected at customers’ visits. Many times, such an issue is because a person has been in that house for so long that they don’t feel what it will look like to the third person.
Being a home Staging business all you have to do is reshuffle the interior to make it look spacious and elegant for a buyer to get impressed. Make the place livelier and appealing to the customer’s eyes.
48. Cleaning Business
Being so involved in work no one has any time to do home chores. That is why this business is an amazing thing to do. Cleaning doesn’t only involve maid hiring but Cleaning on occasions, cleaning sofa, carpet. Blankets, quilts, walls etc. are not really included in day to day cleaning.
Urban Company like organizations are leading these kinds of businesses but being a local business has its own advantages. All you need is to get equipment and the staff ready. You can keep a model on a call basis to avoid having a workplace that way you can save cost and time as well. This is one of the low cost business ideas with high profit.
Also Read: 51 Ways to Make Money Online For Beginners
49. Freelance Web Developer
Due to the era of digitalization and e-commerce there is a huge need for websites along with which web developers are of equal importance. High rising demand for web developers makes it a great source of income in India. A website today has become the personality of a business. It’s the face which can drive customers and make them into leads. To make it perfect and interactive organizations are ready to spend a lot on it.
It is more like a project taking business where you will need to understand what your client wants, help them create an innovative and user-friendly website and get the things fixed before you host it online. This is really a great kind of working area as in emerging times this will be as Mandatory as registering an organization is today.
50. Diet Care Business
In this post pandemic period everyone wants to be healthy and why not? Being healthy is important. It has numerous benefits. But the lifestyle has been so unhealthy and hectic that people have no time to cook healthy or keep a track of health plans.
Being in any profession either takes you long nights working or makes you rush earning in the morning and in free time what everyone does is eat fast food to avoid the rush of cooking. And like in every problem there is a solution. Be a business person’s need – make their diet plans, open cloud kitchen so that they can order and help deliver stuff wherever they want. This is one of the best low cost business ideas with high profit.
Source Reference : https://moneymint.com/low-cost-business-ideas-with-high-profit-in-india/