Top 10 low-cost small-scale business ideas

Top 10 low-cost small-scale business ideas

1- Mobile Garage

With a reliable pre-owned car and tools needed for vehicle repairs, you can launch a mobile garage. Meaning, people whose vehicles develop technical snags and stall on roads can call you for repairs. You need astute knowledge about car engines and electrical gear on board.

2- Vegan ice-creams

With millions of people going vegan and avoiding dairy-based products, there is a great demand for ice cream made with coconut milk and soy milk. A small and portable vegan smoothie maker is available for about Rs.80,000 while raw material will cost you about Rs. 10,000.

3- Aquarium and decorative fish

Selling aquarium equipment and decorative fish as well as required accessories is a year-round business. Aquariums and fish are bought for home and office décor and given as gifts. You will require good handling skills in this business idea.

4- Mushroom harvesting

Ideal for those living in rural areas, mushroom harvesting is a business you can start with just about Rs. 100,000. You need a separate room, wooden crates and mushroom spores as well as water sprayers. Mushroom harvesting in some states get attractive incentives in some Indian states.

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5- Pisciculture

It simply implies breeding and harvesting fish in controlled environment. It is a good business idea for semi-urban and rural areas with investment of about Rs. 100,000. Freshwater fish such as ‘Rohu’, ‘Hilsa’ and ‘Katla’ as well as shrimp are bred in fish farm and sold for high profits.

6- Liquor delivery

Home delivery of liquor is a growing business idea in India that flourishes 24/7 x 365. With an investment on a scooter and contacts with liquor dealers to buy at wholesale rates, you can reap rich returns with this business. You make a decent profit by selling at market prices plus delivery charges.

7- Florist Business idea

Unleash your creative skills by making floral bouquets to be given away as gifts at weddings and other special occasions. This is a year-round business, since Indians are renowned for celebrations. However, you need to invest in proper equipment to ensure your flowers do not wither and stay fresh for at least a couple of days.

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8- Imported products

Indians returning home for holidays, seamen and sometimes, foreign tourists carry stuff they can sell here for local currency. This includes T-shirts, fragrances and cosmetics, chocolates, cigarettes and liquor. You will find several eager customers waiting to buy such stuff.

9- Digitizing old videos and audio

Old video recordings of memorable occasions, rare movies and popular audios from yesteryears are on the verge of extinction. Recorders to play them are not easily available. However, latest equipment that costs below Rs. 100,000 allows you to offer digitized versions of these old videos and audios.

10- Signboards

All businesses require signboards. They are fairly easy to make and install at premises of stores, factories and offices. This is another business idea that is always in demand. You will need some creative instincts to design signboards and skilled helpers for installation.

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