Top 10 business ideas with low cost and high profit

Top 10 business ideas with low cost and high profit

1-Homemade sweets & savories

India is a huge market for homemade sweets and savories. Should you know some traditional recipes for popular Indian sweets and savories, prepare them in small quantities. To avoid expensive licensing procedures, you can market them door-to-door. Often, such entrepreneurs find loyal, regular customers provided your products taste excellent and offer value for money. This business is ideal for women who wish to augment their income or make a living. Often, stores also stock such homemade products.

2. Pickles, jams & sauces

Another great business idea you can embark upon by investing Rs.10,000, or a bit more is preparing homemade pickles, jams and sauces. Once again, you need some experience in making these high-demand food products and their recipes. As people grow more health conscious, they wish to avoid mass produced pickles, jams and sauces to avoid ingesting chemicals in the form of artificial colors, flavors and preservatives.

3- Mobile phone repairs & allied services

India will have around 730 million mobile users by the end of 2017, says the European statistics portal, Statista. This figure clearly indicates the demand for mobile phone repairs and related services will surge exponentially. Inexpensive and sometimes free courses to repair mobile phones are offered by small training institutes and charity organizations. Additionally, you can add services including call credit recharges, fixing protective screens, selling accessories such as headset, mobile covers, electrical chargers, and loading memory cards with popular audios and videos for customers.

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4- Beadwork jewelry idea

Fancy beadwork jewelry is a rage among youngsters- both female and male. These include necklaces and bracelets. The demand for creative designs and customized beadwork necklaces and bracelets is indeed high. You can easily buy beads and other basic equipment needed for making beadwork jewelry online from any reputed e-retailer like Amazon. You can sell your creations at colleges, student gatherings, stores and door-to-door. There is great scope for this business idea on Amazon & Flipkart.

5- Indian bread idea

India has a variety of breads including chapatti and paratha. You can enter this very lucrative business with an investment of just about Rs. 10,000. The toughest part of this trade is kneading dough. However, electrical dough kneaders are available online and in the open market for about Rs. 3,500 each.

Chapatti/ paratha press that impart dough the great, circular shape can also be bought below Rs. 1,000. Equipped with a stove, food-grade plastic bags and a sealer, you can launch this home-based business idea. Such chapattis and parathas are patronized by households and stores.

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6- Clothes alteration business idea

Armed with a portable sewing machine that costs about Rs. 5,500, threads of various colors and needles, scissors, measuring tape and other paraphernalia, you can enter the evergreen business of altering clothes. This means, you will have to snipe trousers, denims, dresses, skirts, shirts and motley other apparel to sizes that fit your customer. Later, they have to be stitched with utmost precision to ensure, the alteration is not visible.

7- Spice powders

Yet another business idea you can launch with an investment of about Rs.10,000 is making spice powders. Admittedly, there are several commercial brands available and the competition among them gets hotter by the day.Yet, there are several customers who prefer to buy home-ground spice powders. They buy such spice powders in small quantities but frequently, to ensure they get the freshest stuff.

8- Start Paper bags business

With growing awareness about environmental protection, most retail stores do not offer free plastic carry bags to customers anymore. However, to retain clientele, they pack your purchases in paper bags, provided they are strong and sturdy. With an investment as low as Rs. 10,000 you can start a paper bag business. You will require large quantities of scrap newspapers, scissors, good quality glue and ropes.

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9- Homemade chocolate idea

Understandably, there are several top brands in the market, each offering different varieties of chocolate. Additionally, there exists a huge demand for foreign-made chocolates, which are easily available here. However, a niche market for handmade chocolates also exists in India. Because handmade chocolates have unique tastes and flavors do not contain any artificial colors, flavors and preservative.

10- Decorative pottery business

As trends in home décor now shifting to more natural, eco-friendly material, people look for stuff made from wood, mud, stones and other similar material. You can effectively put your creative skills at work by making decorative pottery at home. This does not entail you to make earthen or clay pots. Instead, all you need to do is buy pots of different shapes and sizes and paint them with decorative patterns and creative designs. You can also take orders from individuals and offices for such pots and sell them to top home décor stores.

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