Most people dream of starting a business. Some people consider it a struggle to run a business and some want to completely get out of their day’s job and become their bosses. Whatever the aim is, starting a business is a smart idea for those who sometimes feel misfits in other ways. Keep reading about anything you need to know about small business ideas in India that will help you achieve the independence you’ve always dreamed of. Continue reading for the profitable small business ideas you can try.
Profitable Small Business Ideas
Here are 12 profitable small business ideas that you can try if you want to become your boss.
1. Meal Service
Some busy or shifting schedule means that couples can not always cook. Meal services are another great business opportunity for those with cooking expertise. There is an enormous demand for food both at work and in residences. You just need a small amount to cook and supply wholesome, safe, and clean food. You can expect enormous growth in your company if your meals and services are exceptionally good.
2. Home-Made Jams, Sauces, and Pickles
It’s an excellent idea for a small business if you have uniquely lip-smacking sauces or jams or pickles. There is a significant demand that people would pay for home-made pickles and sauces to prevent preservatives and other additives applied to consumer goods. You have a winning recipe if the company can deliver any of the above and combine it with a good selling strategy.
You just need a decent oven and some bakery skills to start a successful baking company. You can turn your passion for baking into a small business producing cookies, muffins, and many other bakery products to be supplied to shops and offices. Any skills or special recipe can make a big difference because people always look for new tastes and flocks wherever they are.
4. Homemade Chocolates
The homemade chocolate outlet is among the highly lucrative, low-investment ideas for those with some limited chocolate making skills. Since chocolate is in great demand from bakeries, pastry shops, gift shops, etc., you can start small in your kitchen making and supplying small batches. Since homemade chocolates are different in taste than regular chocolates and use fewer or no preservatives, they are in high demand. Companies are also ordering homemade chocolates as a gift for their staff.
Great instructors, who can explain academic concepts to students and help them earn top scores in their exams, have been in demand ever since. If you have excelled in school and college, and are good at communicating concepts, it is a good idea to start a tutoring company. You can start at home, and eventually grow to something big.
6. Scented Candles
This is more of a niche company because there aren’t too many people who still enjoy scented candles. Yet as consumers become more knowledgeable and cost decline, the business has great potential. Making candles is not rocket science; all you need are some simple molds of various sizes, a heating element, a source of various wax types and finally the essential oils for aroma.
7. Garden Maintaining Services
People who own independent houses also have a limited area set for gardens they want to maintain. Your company can sell items such as saplings, fertilizers, manures, or gardening equipment along with garden growth and maintenance services. You may also provide for the smaller needs of those living in an apartment by providing and maintaining sufficient goods and services such as seeds, planters, fertilizers. You can also expand your services to the corporate offices.
8. Content Writing
Online content is in great demand and the market is continually expanding. If you have any writing experience, there are a lot of people willing to pay you well for that. If you’re more serious about it, you’re taking things up some notches and starting a small home business or a small leased office. You may be able to team up with a few peers who share your idea and start a content creation company. If you can’t compose yourself, an SEO specialist, and a digital marketer, you may need to recruit a few web writers.
9. Ethnic Food
When you have a background in the palates of various cultures, claim those nearest to yours, one of the popular small business ideas from home is an ethnic food shop. Initially, the investment can be low to meet the smaller demand and can be scaled up as the company becomes more popular. You’ll need a strong supplier network to have the right products and a deep seller network to expand your scope to the communities.
In this age of social media and glamour, photo and video content are very much in demand. A passion for photography and a knack for having perfect shots in your own small business may well serve you. You will start working with pre-wedding shoots as a glamorous photographer and gradually step on to bigger customers. You will have your photography, videography, design, and editing team when you are big enough. With rented cameras, you can start tiny, before investing in your equipment.
11. Dosa and Idli Batter
The favorite of South Indian families, Idli and Dosa, is made from batter, a carefully balanced mixture of rice and cereals. To offer delicious doses and idlis it needs to be fermented at the right temperature and degree. While most people eventually come to love it, they lack the skills or the time to make batters of excellent quality on their own. Therein lies the chance. Every day a small unit installed in your house will produce enough batter to run a small company.
There is a huge demand for handicrafts made in rural areas, but the price for it at malls and big shops is unreasonable and destroys city dwellers’ interest in buying it. Buying and selling handicrafts is a successful low investment company where you buy handicrafts at fair prices from different parts of the world. Because they have value as home or office decor and gifts, when you know how to market well, there will always be interested people.
These are 12 profitable small business ideas that you can try if you want to become your boss.
Not all businesses need tremendous investments; many can operate on a budget and become very successful businesses. Besides, you need to build and retain much-needed business skills.
Also Read: Business Ideas For Teen Entrepreneurs