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10 profit making small business ideas to start with low investment
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10 Profit Making Small Business Ideas to start with low
investment
June 12, 2020 Suresh KP
10 Profit Making Small Business
Ideas to start with low investment
Many individuals have aspiration to
become entrepreneur and want to start
a small business. However, many of
them think that starting a business
requires a huge capital. There are
plenty of small business ideas that can
be started as low as Rs 20,000. If you are thinking what is the good business to start in
2020, you are at right place. In this article, we would provide top 10 profit making small
scale business ideas to start with low investment.
Also read: Profitable evergreen business ideas to start in this recession
List of 10 Profit Making Small Business Ideas to start with low investment
Here is the list of profitable top 10 small business ideas to start with low investment.
1) Pickles
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2) Handmade Chocolates
3) Papad
4) Noodles
5) Disposable Plates and Cups
6) Paper Bags
7) Bakery
8) Furniture
9) Mobile Food court
10) Daycare center
10 Profit Making Small Business Ideas to start with low investment
Now let us go into details of these small business ideas.
1) Pickles business
Pickle is a traditional food item in every Indian house hold. There are variety of pickles like
raw mango pickle, lime pickle, tomato pickle etc., In India, raw mango pickle is famous and
it is prepared in different varieties. These pickles are famous in several countries too. One
can start this pickles business as low as Rs 20,000. If you can afford some more
investment, you can start this as medium size small scale business. It is one of the small
profitable business ideas to start now.
2) Handmade Chocolates Manufacturing
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Many of us love chocolates. If you are a food lover and interested in starting a good food
business idea, you can start handmade chocolates. India is on top chart in chocolate
consumption. Chocolate sales in India has grew from 1.6 Bn dollars in 2016 to 1.8 Bn
dollars in 2018 as per the report.
You can start chocolate manufacturing as low as Rs 50,000 which is required for raw
materials, labor and packaging. However, if you want to start this with machineries, it would
cost you more than Rs 5 Lakhs. Such machineries can be used for chocolate mixing,
cooking and cooling process. You need to decide on what scale you want to start.
3) Papad Business
Papad is famous in Indian meals. It could be at home food, at wedding lunch/dinner, at
family gatherings, parties or celebrations, papad is part of every Indian food meal. Papad is
always in demand. If you are a food lover, you can try papad business which is one of the
best small business ideas in India. The basic ingredients are wheat flour, spices and oil.
One can try different papad with various other flour from rice, lenthils, chick-peas etc. to
differentiate from competitors. One can start papad small business with approx. Rs 50,000.
However, you decide on what scale you want to start based on the investment.
4) Noodles Manufacturing
Noodles are instant popular snacks. These have gain popularity in urban or in rural areas.
Noodles are not only famous in India but across several countries people love it. Noodle
manufacturing requires basic ingredients like wheat flour, salt, sugar, starch, spices, veg oils
etc. Noodles can be prepared with semi automation or with full automation. Fully automated
noodles require some good investment. If you want to start small, you can start with semi
automated noodle machines. These machines would help you in blending flour, starch and
other ingredients and mixing and passing it through the machine. Then these noodles are
cut into desired shapes, dry them and then package.
4. One can start noodles business based on how much they afford to invest in semi or fully
automated machinery. While the small capacity machines costs around Rs 50,000, medium
to high capacity noodles machines costs more than Rs 2 Lakhs. Noodles manufacturing is
one of the best small business ideas in India.
5) Disposable Plates and Cups
If you are thinking which business is best inlow budget, you can try disposable plates and
cups business. These days there is good demand for disposable plates and cups. It could
be a wedding, party or celebration, one would use them that comes with minimal cost.
These are now being used by street vendors also. Due to ban of Plastic in India, this is one
of the good business as the raw material used is paper here. Starting disposable
plates/cups requires sourcing paper as raw material. Other than raw material major
investment goes into getting disposable plates making machinery. This machinery would
cost minimum of Rs 50,000 depending on the capacity. This could be one of the best small
business ideas for small towns too as one can manufacture in rural area or small town and
sell them in urban areas or city.
6) Paper Bags
Like we said earlier, ban on plastic has increased demand for paper products. With plastic
bags beings reduced now, paper bags are gaining momentum. These paper bags can be
used to carry them in shopping malls, carry food items in restaurants, medical items,
jewellery, stationary shops, grocery shops etc., Paper bags manufacturing can be started as
small scale business with low investment. While paper is the major raw material along with
ink, printing and chemicals, major investment would go in acquiring semi-automated or
automated paper bag machines. Semi automated machines costs around Rs 4 Lakhs and
fully automated machines costs more than Rs 6 lakhs depending on the capacity. If you go
for high capacity, it would cost you more.
5. 7) Bakery Items
Bakery is another lucrative business idea that can be started on small scale with a minimum
of Rs 1 Lakh. Indians love food. They love bakery snacks. Bakery business includes, selling
breads, pastries, cakes, cookies, sandwich, wrappers, chocolates, birthday cakes, ice
creams etc., These are large in demand in India as most of the Indians love to have these
food items as snacks on regular basis. Bakery items are handmade or semi automated or
fully automated. While handmade and semi automated would cost low to medium capital,
fully automated would need high capital. One can start within semi-automated bakery
business with as low as Rs 2 Lakhs, again depending on the scale of business they want to
start. Such business is ever green and it can turn to be one of the most successful small
business ideas.
8) Furniture Manufacturing
Many of us love to have good furniture at home. Demand for furniture has increased these
days with increase in interest towards them and growing population. You can start furniture
manufacturing business with as low as Rs 2 Lakhs. This would also depend on the capacity
which you want to start. Higher the investment, higher the number of manufacturing
furniture items
9) Mobile Food court
If you are food lover or good in preparing food items, you can start mobile food court. You
can choose a good location which is near to offices or educational institutions etc., You
would need mobile van / truck to do this business. You can hire such vans on rental basis to
start and experiment. If your business is good and running with good margins, you can
purchase them on your own.
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10) Daycare center
These days there is increase in working mothers. They would like to place their kids in safe
hands while they go to work and till they return. If you love kids and care for them, you can
start day care center. You may need some space, purchase toys for kids and employ 2-3
members (depending on the scale at which you want to start) who can help you in day to
day activities. One need to maintain good hygienic and proper care for the children. One
can start this day care center business with as low as Rs 50,000 that majorly goes for basic
amenities required. Again, there are several cities who charge advance rentals for 3-6
months if you are going for rental space. If you have your good space at home, you can
start such small business ideas from home itself.
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Suresh KP
Profit Making Small Business Ideas to start with low investment
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