Profitable business in India with low investment and high profit
Starting own business is a daunting task. Nevertheless, the daily and monotonous 9-5 office routine is no longer followed, and making all the decisions yourself is one of the best passions in the world. However, the dream of running a profitable business cannot be fulfilled by everyone due to a lack of adequate funding in general. But not anymore! With many low investment business ideas, it also brings good profits, you can now launch your business.
The most profitable business ideas in India
Nowadays dropshipping is one of the most successful business ideas. This is a retail completion method where you can open an online store without saving any inventory. So, you can invest even a penny in inventory and start a business with limited funds.
Whenever the store sells, the product is purchased from a third party and shipped directly to the customer.
Simply put, you make a sale, send the order to the supplier, and send it to the customer on your behalf. This way, you do not have to store or handle inventory. This saves you time and money.
Being one of the fastest-growing markets in India, starting a business in the courier sector is another low-cost business idea with high profitability. Also, the latest change in the e-commerce industry has inevitably helped the courier service business grow at an incredible rate.
Where starting a new business, you may want to consider getting a franchise from a well-established, well-established courier company. Many reputed courier companies offer their rights at low prices. Plus, you’ll be getting access to their technology-related infrastructure and development.
The online food business is one of the most popular and lucrative businesses in India. Bakeries are also very popular. If baking is your cup of tea, you can start a bakery and encash by sharing homemade recipes. The great thing about this low investment business is that you can start it right from your kitchen. Therefore, All you need is a stove and ingredients!
Although companies like OwenFresh take many years of hard work to reach where they are today, many business owners can increase the number in a few months by taking their business online. Register the bakery at various online food delivery sites to increase the range.
Online Fashion Boutique
The fashion and lifestyle industry in India is on the rise as people are coming with more fashion sense. India’s online fashion business is expected to grow to $ 14 billion by the end of 2020. Therefore, an online fashion boutique is a small profitable business idea that you can consider.
You don’t have to be a fashion designer, but you have to be a fashion lover. Make Money by Selling Your Style Sense Online! The online fashion boutique is very easy to open.
You can start this at home. You can manage items in your online store from different vendors. Choose a key location and create a brand. Build your brand around single or multiple product locations, from clothing to accessories and footwear to jewelry. Particularly, product quality, service to a customer, and fulfillment strategies play an important role here.
Sell a Service
With service-based business, your time is inventory. This is your most important investment. What you need to go with this business idea needed the talent and be useful to others.
You can start a business with some skills like writing, blogging, web design, photography, fitness training, and handwriting.
You can register at various freelance markets to increase your chances of being found by people who need your skills. Besides, your social media manipulations will help you to excel in marketing and dissemination.
Social Media Agency
In the digital age and tough competition, almost all companies want to market their products digitally. They are interested to spend huge budgets on advertising through various digital channels and paid social media posts and campaigns.
You can start your business venture to help other companies establish a strong digital presence. All your business needs few computers, skilled professionals and an office to start.
The advent of the internet and technology has opened the doors for artisans to expand their horizons by going from artist to professional. Unlike retail stores that get their products from multiple sources, craft businesses make products at home. Their primary focus is to provide personal contact to consumers that no other business can.
Even if you make candles, soaps, pottery, and sauces, you are still in a position to start a personal business. Here, product development and procurement are in your hands, really.
Hence, India is the third-largest start-up hub in the world. Needed more than 1300 new launches in India in 2019, including 7 unicorns. Data shows that people in India have a desire to start their own businesses.
With less investment and more profitable business ideas, you may also be considering starting your own business. This needs a solid idea. If implemented well, you can be the single owner of a successful business.