Today we come across lot more young & dynamic individuals who aspire to start a small business. Generally, they look for low-cost business ideas with low investment. We have analyzed and researched in shortlisting top profitable small business ideas which young start-ups can start as part time or full time.
These low-cost business ideas can be initiated as a home-based with adequate knowledge about the specific subject. Just have a look.
List Of 20 Highly Profitable Low-Cost Business Ideas
People having certain hobbies can make money by creating a blog and posting articles based on the subject. By investing Rupees 1000 onwards you can start blog business. Creating a blog is extremely simple and it does not require any coding skills (HTML). In fact, the whole process is somewhat automatic. Irrespective of your age you can start creating a blog.
Babysitting is such a business you can start with bare minimum investment. Additionally, the business is perfect for both the men and women entrepreneurs who have extra time and space at home. In addition to that, the business is perfect for the baby or child lovers.
#3. Candle Making
Candle making is one of the most low-cost business ideas you can start at home. Basically, people purchase candle not only for religious purpose but also to scent and decorate their home and business places.
In addition, the popularity and consumer demand for scented and decorative candles create a tremendous business opportunity for the innovative startup entrepreneurs.
The CCTV camera industry is going to emerge as a huge market in the next few years. Basically, it is due to the wake of rising demands from sectors like hospitality industry, services, healthcare, retail, manufacturing, and transportation.
In starting CCTV Camera business entrepreneurs should have adequate knowledge about the current technology of different cameras and systems.
#5. Corn Roasting
Corn roasting is one of the most profitable and lucrative low-cost business ideas. And any individual can start this business as the full-time or part-time basis.
However, the business demands proper planning, the right equipment, and good promotion. Roasted corn is ready to eat food. Additionally, you can offer various creative foods to your consumers. It is a popular snacks item throughout the world.
Custom mobile cover printing is a profitable business. Additionally, any individual can start this business from home.
The business is all about printing images on the smartphone covers as per your client’s specification. And you can operate the business entirely online from an eCommerce store.
This is one of the most trending opportunity in the advertising industry. However, the business demands a strong knowledge of digital advertising. Definitely, the business demands moderate capital investment. However, the ROI is very inspiring in this venture.
This is a new emerging concept of travel and tourism industry. Ecotourism includes some alternative forms of transportation that have lower carbon emissions, travel to an agriculture destination etc.
If you are a creative person, this business is just perfect for you. Basically, a greeting card is an illustrated piece of card or high-quality paper featuring an expression of friendship or other sentiments.
Greeting cards area billion dollar industry now. Actually, people need it for plenty of reason like birthdays, anniversaries and as well as for business reason.
Most of the people prefer cookies. And it is always better if anyone can purchase delicious and good quality cookies from home.
If you are a passionate cookie maker and want to start a cookie business with small capital investment, this business is just perfect for you.
#11. Image Consulting
An individual having true passion and interest in helping others can initiate this business. Additionally, you can start image consulting as part time from your home location.
Image consulting is definitely a self-rewarding and exciting career to start with. You will need to have an inner sense of style, fashion, and knowledge about the current trend. Your client may be an individual or a corporation.
#12. Mobile DJ
A person who loves music and has an outstanding personality with full of energy can ideally and successfully own mobile DJ business. If you enjoy spinning tunes, making people happy and want to earn a steady stream of supplemental income, the mobile DJ business is perfect for you.
Basically, the business is easy to start. In addition to this, you can start the operation with a small startup capital investment. Even, you can start the operation from home. However, a commercial operation ensures better profitability.
Recruitment Agency Business is an evergreen business. Services like permanent staffing, temporary staffing, RPO can be delivered by a recruitment firm. Most organizations need to hire employees. They may choose to hire new employees on their own or use the services of a recruitment company. When an organization engages the services of a recruiting company, it finds, qualifies and presents candidates for one or several job openings in the organization.
Any individual can start a home based resume writing or CV writing business on a part-time basis. As the business is purely knowledge based, start-up capital requirement is very less.
You can also offer other allied services like writing a cover letter, career counseling, and interview guide. This is a self-rewarding business that you are helping people to find better themselves and their lives.
Online photo selling business opportunity is perfect for the professional photographer and also for those who love photography and want to turn their hobby into a profitable business venture. There is always a huge demand for good quality, unique photographs, and many online agencies are ready to pay for it.
YouTube business is a sharing and uploading videos on the youtube website, and getting money out of it. People can view and share videos of their choice on youtube. Founded in 2005 by three pay pal employees YouTube now has more than billions of videos to be viewed. This is a very good option for people having passion in some field or the other. If you can create some unique and excellent video, you can make those video viral on youtube. One can make huge earnings from those video uploading.
You can set up and run a specialty soap making business from home. Additionally, it will not require very much start-up capital investment to get rolling. It is a wise idea to be well on the way to establishing a profitable and personally rewarding home based specialty soap making business. It all needs a creative mind and a true passion for crafts.
#19. Tour Guide
If you live nearby a tourist place, you can start this business. This is one of the best low-cost business ideas you can start from today. However, the business demands adequate knowledge of historical information and local culture about the location where you are starting the business. Tour guide business is all about sharing the information about the places to a group of the people in an entertaining way.
Virtual assistant business is one of the fastest growing industries worldwide. Basically, it attracts numerous around the globe entrepreneurs who want to be part of it. Many ultra-busy professionals appreciate having someone who can check and answer their emails, organize to-do lists for them, update calendars, and so on, with minimal interaction. The best part is that you can provide this service from home with a high-speed internet connection. This is one of the most profitable low-cost business ideas you can start with a small capital.