Have you ever thought of starting a business? But the problem is that you don’t have Business ideas and enough money to start a business with low investment in India. Today in this blog post I will tell you the 10 best business ideas you can start with low investment in India
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Top 10 Business ideas to start with low investment in India (2022)
Read more: Small business ideas in India
Dropshipping is considered one of the best businesses to start with low investment. Since coronavirus people have shifted their attention from offline shopping to online shopping. Which has created opportunities for entrepreneurs to sell their goods and services online.
This is one of the reasons why people are starting dropshipping businesses and the reason you want to start your dropshipping business is that it comes with low investment.
What is dropshipping?
It is the process of selling products online without purchasing the products in advance. You know most businesses have to first buy goods and then sell them for higher prices. But in dropshipping, you are connected with a supplier who delivers your products to your customer when you make a sale.
How to earn money from dropshipping?
Step 1. First, you need to find a supplier for your business who has good quality products and delivers products to your customers in time. Now finding a supplier is not that difficult, especially in today’s world, but if you don’t know about any good supplier.
Try these 4 Dropshipping suppliers
Step 2. After deciding on your supplier the next thing you have to do is to choose the products. While choosing the products make sure to keep certain things in mind.
- Make sure you are choosing a quality product
- The product is helpful to people
- The price of the product is reasonable
Step 3. The last step you have to do is to promote your products online. But before promoting your products you have to build an e-commerce store.
You can use WordPress, Shopify, or Woocommerce to build your website. After building your website you can promote products by using Facebook advertising, and Instagram marketing.
2. Website developer
If you have good knowledge about building websites then website development is the best business to start with low investment in India because it has a great opportunity.
What is website development?
Various individuals don’t know how to create a website for their business, but if you know how to create a website then it can be a good business for you.
Don’t worry if you don’t know how to create a website then you can learn it and it’s easy to create websites since we have platforms like WordPress and Wix where you can create websites without coding.
How to earn money for website development?
Step 1. Promote your services on websites like Freelancer, Fiverr, and Upwork, and find clients that are interested in building websites. You can also social media to promote your services
Step 2. Use WordPress or Wix platform to build websites for your clients because these websites will be easy to use and your clients will also find them to use.
3. T-shirt business
Have you ever thought of selling your own t-shirts with your own design and a brand name? Maybe not because you thought starting a t-shirt business will be costly or you don’t know how to start it. But let me tell you starting a t-shirt business in India requires low investment.
How to start a T-shirt business?
There are two ways to start a t-shirt business.
- Dropshipping t-shirts
- Purchasing T-shirt machines
1st method: Dropshipping t-shirts
You can use platforms like printrove to dropshipping t-shirts with your own price and design
2nd method: Purchasing a t-shirt printing machine
If you think you can purchase a t-shirt printing machine which starts from 10k-15 then this way is best for you. You can use the machine to print your own design on t-shirts and sell them online or offline.
4. Online courses
Do you have knowledge about something? why waste your knowledge? You can create your own courses and sell them online and the investment is also very low in such a business.
How to create your own Courses?
Step 1. You have to buy a good camera and mic to record your videos. You can find cheap cameras and mics on Amazon or Flipkart.
Step 2. Upload your courses on Udemy. This is the best platform to sell and buy courses online.
5. Build your own Apps
I know you don’t know how to create your apps but you don’t need to. You don’t even need the knowledge to build apps. I will show you 2 ways to build apps without any coding knowledge.
Apps are the next big thing when it comes to making money online. Creating apps doesn’t require a huge investment.
How to build apps without coding?
- Hire a freelancer
- Buy app source code
- Hire Freelancer
You can hire a developer who will help you to build your dream app at a very reasonable price. To hire a developer you can use websites Upwork, Fiverr or freelancer.com.
- Buy app source code
If you don’t want to hire a developer you can always buy the app that is already built and all you have to do is to add your own name and publish it to the app store
How to earn money from apps?
The best way to earn money from apps is by using ads. You can also use AdSense to monetize your app and earn.
6. Product Influencer
This type of business is good as it comes with a very low investment and anyone with good communication skills can start this business.
What is a product Influencer?
A product influencer is also known as a product promoter. The job of the product influencer is to promote products of companies and charge money from promotion.
How to become a good Product influencer and earn money?
- Select your niche
- Choose a platform like Blogging or social media like Insta, Facebook, or Twitter
- Write content if you have a blog or upload quality posts if you use social media
- Build followers
- Contact companies for collaborations or promotions.
The famous way to start earning money is by creating your own blog. Blogging is no longer a personal hobby, but a full-fledged business. Starting a blog also needs low investment in all the businesses online.
What is a blog?
Whatever you search on google and read is a blog (just like this blog that you are reading). You have to share your knowledge on your blog and help people out with their problems.
How to start a blog?
You can start a free blog on BlogSpot but it’s not recommended because it comes with various limitations.
- If you have little money to invest then start a blog on WordPress or Wix
- Select a niche
- Write content
- Monetize your blog with Adsense or affiliate marketing to earn money.
8. Buy and sell website
Creating a website, building it, and making it successful takes a lot of time and money. That’s why people usually buy websites in order to save their time and that is why this business has a good opportunity and income.
How to buy and sell websites?
Step 1. You need to buy a website or build your own website from scratch.
Step 2. The next thing you need to do is to grow your website and generate views because a website with good views can be sold at higher prices.
Step 3. Sell your website on Flippa.
9. Online Food business
People love to do shopping online and after covid-19 people are even buying food online and this is the reason why the online food business is a great business to start with low investment in India.
How to start an online food business
Step 1. You need a kitchen where you can prepare food and all the necessary tools, ingredients, and equipment to prepare your food.
Step 2. List your business on Zomato or swiggy and take orders from customers
10. Buy and sell domains
Do you know carinsurance.com was sold at $49 million? Yes, you heard that right. This is the market value of a good domain name. You can read the full list of expensive domains here.
You can also buy domains and sell them at higher prices. The domain name can be purchased at a very low price, starting at $15 dollars.
How to buy a domain?
You can domains from these hosting companies.
How to Sell domains
You can sell domains on GoDaddy auction or Flippa. While selling your domain you can set your own price or let people decide it by auctions.
Important points to remember
Starting a business online may sound easy, but it’s not, you should do in-depth research before you actually start a business. You should keep risk factors in mind before starting any business. Make sure to start a business with low competition because as a beginner you can sustain in high competition.