Small Businesses in India have contributed majorly to the economic growth of the country. A large number of entrepreneurs are willing to establish a small scale business owing to the profits associated with it. There are several business ideas that need very less investment. Proper execution of these small business ideas can help the business flourish in the long run. Let’s have a look at some of the popular business ideas in India that can be initiated with small investments.
If you are good with software, you can think of app development as a business option. Application development involves creating a computer program that performs different tasks required by a business.
If you enjoy planning and organizing, you can think of being a party planner. This business idea involves a lot of creativity and is in very much demand in the metro cities due to their party culture.
If you are health conscious and have a fair idea about the exercise and diet routine that needs to be followed for a good physique, you can consider becoming a part-time fitness trainer. You can also think of setting up your own fitness center. To fund this business idea, you can consider availing a small business loan.
ATM Space Renting
The banking sector in India is increasing and hence, banks are always looking forward to providing their customers with each and every facility. This has increased the demand for ATM space renting in recent times. Therefore, if you own a small commercial space, you can consider renting it to the Bank ATM to earn monthly profits.
Nowadays, in many households both the parents are working professionals. Therefore, the requirement of babysitters has increased significantly. Additionally, the amount earned from childcare and babysitting has also witnessed a tremendous rise.
However, before opting for childcare as a business option you should understand that it requires a lot of patience, understanding, and tons of love for children.
Manufacturing of plastic bottles
The plastic products manufacturing business has witnessed tremendous growth in recent years. Before starting up with the manufacturing of plastic bottles you should have ample knowledge in injection moulding and manufacturing.
Energy drink production
India is a young country wherein a lot of people are involved in sports. Moreover, people are also getting cautious about their physique and hence, they are hitting the gym in large numbers. All these factors have contributed heavily to the rising popularity of energy drinks.
Therefore, energy drink production is one of the most profitable manufacturing business ideas. However, it is to be noted that energy drink production may require a huge capital along with strong product promotion strategy.
Catering Business or Home Bakery
If you have the talent of whipping up something that causes people to keep licking their fingers, then you should certainly think of making it a profitable business for yourself.
You consider establishing your own catering business or bake biscuits and cakes depending on your expertise and interest.
In recent years, the beauty salon business has emerged as one of the most trending business ideas in the retail sector. Choosing the correct area, manpower, and right marketing strategy is required in starting up this business.
3D Printing involves combining the age-old printing process with the new advanced one. If you can invest in the advanced printing industry, you should start with this venture.
Now that you are well aware of some of the most popular small business investment ideas, ensure to make the most of it while establishing your business. You can consider availing a small business loan to fund your new business idea. You can avail a Bajaj Finserv business loan of upto 30 lakhs available at Finserv MARKETS, with attractive interest rates and other lucrative features such as instant disbursal and less processing fee. Make a note of the business loan interest rate while availing a business loan. A lower interest rate will reduce the repayment burden of the business loan in the long run. You must also calculate the EMI of your business loan beforehand with the help of Business loan EMI calculator. This will help you in planning your monthly expenses wisely.
Lastly, do not forget to read the terms and conditions of the loan agreement carefully before signing it.
Also read about benefits of business loan.
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