Developing one’s own company can be a daunting challenge. However, not having to obey the everyday and tedious 9-5 workplace schedule and make all choices yourself is one of the greatest feelings in the world. However, not everyone can realize their vision of owning a company, usually due to a lack of funds. With several low-investment market concepts that often deliver high profits. Let’s take a peek at the most profitable low-investment startup concepts in India.
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Dropshipping
Dropshipping is now one of the most popular small business concepts. It is a retail delivery method that allows you to open an online shop without having to store any product. As a result, you don’t have to spend much money on stocks and can launch a company with a small budget. When a retailer makes a profit, the merchandise is bought by a third party and delivered directly to the buyer. Simply put, you make a sale, pass the order to the seller, and he sends it on your account to the buyer. As a result, you won’t have to store or manage inventory. It saves you both time and money.
2. Online Bakery
If baking is your thing, you could open a bakery and make money by sharing homemade recipes. The best part about this low-investment company is that you can launch it right in your kitchen. You need only an oven and a few ingredients. You might also start offering baked goods such as various kinds of bread, muffins, cookies, and pizza, among others. It is not only a remarkable business concept, but it is also a successful one.
3. Handmade candles
Candles are still in demand, making this a very common market opportunity. Candles have traditionally been used for ceremonial and decorative purposes. Candle-making can be started from home with a small investment of about Rs 20,000-Rs 30,000. Wax, wick, moulds, yarn, fragrance oils, and other materials were used to begin the company. Wax, wick, moulds, yarn, fragrance oils, and other materials were used to begin the company.
4. Blogging
It’s an incredible choice for people looking for a low-cost business concept. You can begin with as little as Rs 5000. You should write relevant, high-quality content, stay within your niche, and produce SEO-friendly articles to boost traffic and earn money from AdSense, ads, and partnerships.
5. Tiffin Services
Food distribution has developed into a major industry in industrial areas. Tiffin Services becomes a comfortable choice for certain young professionals who are unable to make meals or who live away from family and friends in other locations. You can launch this lucrative industry by cooking fresh food in your kitchen. Tiffin service has no setup costs and it can be started right at home with recipes from your kitchen shelves.
6. Tuition and Coaching Centres
Tuition courses or coaching centres may be started from the comfort of your own house, removing the need for leased rooms. The courses can be taken independently or in groups of up to ten people. With your expertise in the industry, you can help to spread your reputation . As the company expands, you will be able to employ experts in other fields and begin operating from a leased location.