Which are the Best Low Investment Business Ideas?

project report FINAXIS

Not all businesses require a large initial investment. The difficult part is transforming your business ideas into reality and seeing them through. Entrepreneurs struggle to find funding and ideas to jumpstart their businesses.

Governments encourage people to start enterprises. They also developed many startup plans to help entrepreneurs with low-investment business concepts. Here is a collection of low-cost company ideas that you can start.

1. Pet Care Shop

Imagine getting paid to walk someone’s dog. As the pet industry grows, it may be advantageous to establish a business with a small investment.

What you will need to do:

Walk and play with pets that people adore. They cannot, however, bring their pets with them when traveling for vacation or work. As a result, individuals seek out services to care for their pets while they are away. If you are experienced with pets, this is an excellent business to consider. Again, this is a small business with minimal investment.

2. Travel Agency

If you have the ability to organize the perfect holiday while also providing the greatest lodging and services within your budget, owning a travel agency in India could be a terrific business opportunity for you.

What you will need to do:

  • Plan and execute vacation packages based on consumer demands
  • Meet customer needs within budget.
  • Book tickets and lodgings for customers.

3. Pickle Business

Pickles are a classic and widely popular Indian cuisine item. Every Indian home has at least one pickle variety. So, if you want to start small, a pickle business is a safe and simple choice.

Key Points:

  • Indian pickles are in high demand not just in India but also internationally.
  • You may start this business from home with a modest investment and earn a lot.

4. Paper and Jute Bags

We know that environmental protection and awareness have grown significantly during the last decade. People are becoming more aware of the environmental damage caused by non-biodegradable plastic bags.

As a result, environmentally friendly bags and packaging made of paper and jute have gained popularity. Paper and jute bags can be used to pack shopping items, food, medical supplies, jewelry, and even purses.

The government aims to limit the usage of plastic and is encouraging paper and jute bags. The paper bag manufacturing business can be launched on a modest scale with little cost. Paper bag-making machines cost between Rs 3 lakh and 8 lakhs, however they require more manual effort and labor.

With the globe heading toward banning plastic, a jute and paper bag manufacturing firm is an excellent solution. The jute bag-making process is easy, and the government promotes it as an environmentally beneficial product and a go-green project.

5. Idli Dosa Batter Business

Idli and Dosa are prominent in southern Indian communities and have spread throughout India. Similarly, not everyone can make the batter for these dishes. The batter requires an appropriate ratio of rice and grains.

As fast food has become a part of our lives, so has packaged idli and dosa batter, with most stores stocking multiple packets. Setting up an idly dosa batter manufacturing plant from home or a small business is rather inexpensive.

Government supports small business by providing grants and subsidies. Startup business loans are applicable for small business units. Applicants can approach banks for financial aids with proper documents.