Explore some of the best small business ideas that require less investment and make big money.
Looking for the best small business opportunities? With so many business ideas, finding the right one is easier said than done.
It may seem like all of the good business ideas or the best small business ideas have been taken, but they are not. Most successful small business ideas come from individuals who work for someone else but believe they can do better. Some might start out as employees or apprentices for other businesses and then gradually build up the skills and experience before they set out on their own.
With the right idea and determination, anyone can make their dreams of having their own small business come true. We show you how by walking you through:
1. Massage Clinic:
According to a report by Businesswire, The beauty and wellness market in India was valued at INR 901.07 Bn in 2018 and is forecast to reach INR 2,463.49 Bn by 2024, expanding at a compound annual growth rate (CAGR) of ~18.40% during 2019-2024. The Indian beauty and wellness industry is growing at a fast pace, and a large chunk of the revenue comes from the massage and spa businesses.
People around the globe are getting more tensed, stressed, and pressurized as the private and corporate world is getting denser and tougher with each passing day. In such a scenario, opening a massage clinic could turn out to be a lucrative option. You could cater to the modern-day people, especially ones that belong to the private and corporate world by providing them relief through your interesting and relaxing massage services.
Starting a massage business requires a very low investment as it can be started in the comfort of your home.
2. Tea Cafe:
In India, Chai is more than just a cup of tea to start the day. It is a drink that Indians can’t live without. India consumes 837,000 tonnes of Tea every year. With such high consumption of the drink, tea cafés are emerging as a huge business opportunity.
The people who are passionate about cooking should open a tea café as it is a beneficial business opportunity for them. The area requirement for such a model is 250 sq ft, therefore, it can be opened at home. With an investment of just Rs 10 lakh, one can expect a high ROI of 40% by opening a tea café business.
3. Personal Trainer:
The current population is getting more aware of the basic facts of a healthy lifestyle. The immense pressure in every field is taking a toll on the population in the Indian scenario. The degree of competition and a huge volume of aspirants in every field are pressurizing everyone causing immense mental stress. This stressful life along with improper habits sums up to deteriorate the health conditions. A personal trainer is what the population needs, these days, to stay both physically and mentally fit.
Starting a business to provide personal health training is very promising from its own aspects. You can kick start the project with a small space of your home and with limited equipment. The urban population of India needs ventures in this part of the wellness industry. Be a proud participant in the revolution of making India fit and healthy.
4. Cleaning Services:
There are many directions you can take this business. If you want to work during hours when no one else does, you can focus on office clients. You can focus on retail businesses and keep your customers clumped into one or two blocks. Restaurants are in great need of daily thorough cleaning and can be a great source of steady clients. Perhaps you would be more interested in house cleaning. Many times with cleaning services you don't have to spend lots of money on advertising or marketing because your customers will come by word of mouth.
The biggest challenge of being a single mother is to take care of their children along with managing the work. If you are facing such difficulty, then opening a day-care service in your home might just be the right thing for you.Apart from great profits, working from home and being able to stay home with your children are great perks to start a day-care business. Also, the work timings will be less in comparison to other businesses.