Do you subscribe to the popular belief that you need a lot of money for starting a business? You will be surprised to know that you can actually start a business with low investment and make it a profitable venture.
If you live in India and want to put your entrepreneurial skills into some good use, you have landed to the right place because today I will share 10 low investment businesses ideas you can start in India. Just some direction, a negligible investment of money and time and you too can be a business owner! Indian economy is growing fast and so can your business.
1. Real Estate Consultation:
Real estate stays as the topmost profitable business in the blooming Indian economy. Although real estate business requires lots of capital investment, you shouldn’t worry about that because we are suggesting you to start real estate consultation services. Your business will guide the potential property buyers and will earn you 2-3% of the money your client will pay for a property.
2. Recruitment Firm:
Due to financial constraints, many companies prefer hiring employees on contractual basis instead of permanent ones. Providing such companies contractual employees can be your business. It is quite simple. Rent a small office, make contacts with several companies and learn what type of skills they are looking for, send a candidate to a company and take commission from the firm for a certain period of time.
3. Designer Festival Gifts:
These days exchanging custom made designer gifts on festivals is trending at top speed. Chocolates, designer diyas and gift boxes for Diwali, valentine and Christmas are quite popular. You can start the business right from the comfort of your home and use some creativity to attract more potential buyers.
4. Event Management:
Event management is also a blooming business. If you think you can manage things at the spur of moment and have networking skills, than this business can be your thing. You just need to take care of managing an event as money matters will be in the hands of the event hosts.
5. SEO Consultancy:
Search Engine Optimization (SEO) is becoming a necessity in the competitive internet world and with the growing number of websites and changing Google algorithms, SEO consultancy is in huge demand. You can take SEO training and set up your own SEO consultancy firm. If you produce effective results, you can be in huge demand not only in India but globally too.
6. Online Business:
You can also start an online business by simply setting up a page on websites like EBay or Etsy. If your products are good enough, they will sell themselves for sure. In addition, you can also promote other people’s businesses through affiliate marketing and earn every time your affiliate product gets a buyer through your link.
7. Wedding Planning:
Indian weddings are highly valued. People want their wedding to be the most memorable and impressive. So if you are good at planning a wedding, it can be an extremely rewarding business in India. (Remember the movie Band Baaja Barat?)
You can start your own blog in a niche of your interest and steadily start earning on it, if you provide valued information and bring traffic to your blog. Blogging is time-consuming work but it is a great long-term business with minimum investment.
9. Jewelry Making:
Indians adore jewelry because they love to dress up and look nice. If you love jewelry, you can take some training and start designing your own. If your designs are good enough, you will be earning a lot more than you currently are.
10. Food/Catering Services:
Food is a basic need and can earn you wholesome extra money if you serve mouth-watering treats, even if you start small. Open a catering business or food trailer if you can and put your chef skills to good use. If you have baking skills, you can even start a cake business from home.
With 10 low investment business ideas for India on the table, you can pick up the ones that interest you and turn your passion into a rewarding business. Do you have some new business ideas that need low investment? Please feel free to share in the comments.
If you have found online article writing an exciting way to make money, you will be surprised to know that you can also use article writing to produce passive income.
Passive income is like a source of money that comes without having to work on it constantly. For instance, if you write an article for a client on a particular subject, you will receive its upfront payment as the result of your work. But with passive income you can earn money on articles you wrote many months ago.
Now how do you actually generate passive income through articles? There are lots of options for this end. But you will not reap the benefits of your work in a spur of moment. Passive money takes time to reap fruits, possibly a couple of month or so.
The first method to generate passive income is by creating your own website. Select a niche on a trendy subject or the one that you like. For instance, if you tutor your children at home, you can develop a blog with tips and ideas for other parents. However, please keep in mind that blogs need constant updates to be successful.
Now another question comes of how to generate passive income after developing the website or blog. The answer is through advertisements. Of all the advertisement programs, Google AdSense is the most reliable and successful of all. This method allows income flow with every click on advertisement by your website visitors. The other way to make money is through affiliate marketing technique, by which you advertise products or services through your website. You get commissions every time your blog or website hits the sale.
Once you get the website or blog up and running, you need to drive traffic to your page. This is the toughest part of all. With massive competition on the web, it is not very easy to get noticed. But there are some techniques to ease the difficult part. With your writing talent at hand, it is easier to submit articles on article directories for search engine optimization, also called link building. Through this effective technique, you can develop huge following which will in turn increase the possibility of more clicks on advertisements, hence more money.
Apart from your own content rich website or blog, another way to generate passive income is through revenue sharing websites. These websites hire professional experts to fill their content. You may get commission on income produced through your article or may get a pre agreed bonus. This is a good approach, if building your own website is not a viable option.
Use optimal web search to locate such revenue sharing websites. Also, you can join lots of online article writing forums and communities where you may come across passive income sources including the revenue sharing websites.
Passive income generation is possible through a number of ways. But if you use article writing as a main source of your income, make sure to make your word play interesting. It is best to build up passive income sources in spare time while keeping regular writing assignments for a sure success in the long run.
Working from the comforts of home is a new facet of this globalized world. The idea of working from home in your pajamas at hours that suit you sure seems appealing. There is an exciting world out there which can be reached from a single click. I am sure many of you would have Googled work from home jobs and 99% of the results invariably are some sort of scams where they ask you to join a program for a small fee and promise you unbelievable sums of money. But that’s what they are –scams. Due to these scammers, many people think that working from home online is not feasible. But in reality there are many online home based jobs available.
Working online from home is in many ways similar to working in the real world. You have to put in effort and you get paid for your skills and output. It’s not a get rich quick scheme. But the beauty of working from home is that you have the flexibility and freedom to choose your working hours, your projects and your price as well as leave for that vacation when you fancy. Even if you are not a tech expert, you can earn a good living working online. All you need is right attitude and the willingness to put in time and effort.
First requirement for a successful online work is to find out what skills you have and how you can utilize them online. Here I have enlisted top 5 successful online work at home ideas that work and that cover a variety of skills sets. I am sure you will find something that matches your skill sets too.
If you have the talent to play with words, you can get a host of online writing jobs. The world of words needs your skills in advertisement writing, website copy writing, brochures, blog posts, press releases, SEO articles, newspaper articles, eBooks and a lot more. The beauty of this task is that it doesn’t require any technical skills other than your command over the language you are writing and a good writing style. A computer and internet connection are all you need for earning money from any corner of the world!
2. Virtual Assistant:
If multi-tasking and attention to detail is your thing, you are totally apt for virtual assistant jobs. Be it big companies or small businesses, there is a dire need of virtual assistants who can provide administrative and support skills to the endless to-do-list of the contractor. The tasks performed by these virtual assistants commonly include customer service, internet research, data entry, social media maintenance and this list is endless. You only need a working internet connection and viola! You are off to become a star virtual assistant.
3. Graphic Designer:
Graphic designers are needed for all types of websites, advertisements and blogs. If you know Illustrator and Photoshop well enough and your aesthetic sense is unmatched, you should gear up for some serious graphic designing. It only requires designing skills, a PC, your design software and an internet connection to become a successful highly paid graphic designer.
4. Book Keeping:
Are you the record keeper of your family? If so, why not take this skill to the next level. Book keepers are a need of every entrepreneur to keep their cash flow well in check. Excel or simple spreadsheets will do the task while you just keep the count of profits, spending and cash flow.
5. Sell products:
You can sell your products right through the web by means of a website, a blog or simply by opening accounts on eBay. Market yourself through social media and if your products are worth it, you will get a flock of buyers from corners of the world! Sell you products and make it big!
Choose a field best suited to your skills and temperament and get set to achieve the dream of earning right from the comfort of your own home!