Business Categories
Nov, 27 2017

KEEPING IT LOW

How about starting a business with no real estate cost? Read on to know some of the best business ideas suggested by Ekta Sharma

Wouldn’t you want to start a business without hassles and zero investment in real estate? Well, there are options aplenty now with some leading brands offering franchise opportunities with zero real estate cost. These include preschools, florists, bakeries, tech firms and others. Check out what is best for you to kick-start such a venture:

Recruitment

Starting a recruitment firm is a very good business idea as it does not require much investment and can be free of any real estate cost. As per a survey, 2017 will be a promising year for the recruitment industry with more than 60% of the companies across various sectors looking to add their headcount with a focus on middle-management jobs.

 

Photography

If you are one of those who love tinkering around with a camera, start your own photography business. If successful, you can offer franchise rights to other enthusiasts. This is one business you can start from home with potential of good earnings for professional work.

 

Tuitions

If you are good at teaching and want to take it up as a business, tuitions could be the best idea. You would need some space in your home to start. The education industry is recession-free!

 

Toy Rentals

With increasing kids’ parties and get-togethers, the demand for rental toys has also increased. In case you have a large stock of old toys in a good condition, you can take franchise rights of toys’ rental brands and give them on rent. This opportunity comes with great returns and zero real estate cost. Khilonewala is India’s premium toy renting brand. As brothers Abhishek and Bharat Jain, founders of the brand, put it, “The Khilonewala Toy Library doesn’t need any prime location for doing its operations as we provide free door delivery service to our customers. And if they want to see our products, they can study our catalogue online. Our zero real estate cost also helps our franchise to perform without any pressure and helps achieve break-even in less than a year.” The brand currently has 45 centres being managed from home.

 

Wedding Planning

It requires very little investment and zero real estate cost but certainly calls for you to be creative and dynamic with ideas to make each wedding come across as grand and memorable.

 

Real Estate Consultancy

What this business requires is the art of making good contacts and an eye for matching available properties with specific requirements of customers.

 

Mobile Applications

It requires very little investment and zero real estate cost. Tenacious Techies is a good example of a web and mobile application development brand that offers web services along with professional digital marketing. Elaborating about the business benefits, Jigar Doriwala, the brand’s founder, says, “The real estate cost is going up and it has become difficult for entrepreneurs to start a business with low investment and high earning potential. Also, with online shopping picking up pace, physical retailing is going down. Therefore, our business makes sense.” Having taken off with no office or employees, Tenacious Techies is now in a position to offer franchise partnerships. “This helps us serve local clients with local support,” Doriwala says.

 

Security Services

With growing safety concerns, the demand for security agencies has also risen. One can start a security agency from home and with very little investment. All you need is manpower and planning.

 

Babysitting and Cooking Classes

It’s ideal for women, especially those who cannot find the time to take up a regular job.

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