Are you searching for manufacturing business ideas that can be started from your home with small capital? Here in this post, we have compiled 20 profitable home-based manufacturing business ideas for your ready reference.
Generally, a manufacturing business demands substantial capital investment. Because the business requires a considerable amount of money for establishing the unit, purchasing machinery and raw material. However, there are opportunities where you can start manufacturing business with less equipment and allows you to establish the unit at your home, provided you have small space.
A home based manufacturing operation also enables you to take a minimum risk. And then you can slowly scale up to a full-scale manufacturing business in the future.
Here is the List of 20 Home Manufacturing Business Ideas to Start with Low Investment
Agarbatti or incense is not only an essential item for the religious occasion. People also burn incense for aromatherapy, meditation, and yoga. You can start this business at home with a single machine as such.
#2. Candle Making
Decorative and scented candles are very popular worldwide. These are also very popular as gift items. You can start this business with some simple tools and equipment.
Cotton buds are essential personal care product. The manufacturing process is simple. In addition, it attracts low-cost raw materials.
#4. Crochet Knitting
Home-based crochet knitting is a profitable business. However, you must concentrate on creating designer items like bags, dresses, and home decor items.
#5. Cup Cake Making
Cupcakes come with a variety of colour and flavour. People always look for quality and decorated cupcakes for gift purpose. You can start this manufacturing business from home with less capital.
Dried flower is a home decor item. And it is popular as the gift item also. Revenue wise it is a lucrative business to start from home.
#7. Drinking Straw Making
Drinking straws are very essential items in the restaurant and beverage industry. However, they come with different color and pattern. You can produce these straws with a single machine.
Home Based Manufacturing Business Opportunities
#8. Glass Etching
Glass etching is an artistic and profit making business. An entrepreneur who has a creative mind and passionate about glass etching can start this business with small capital investment.
This is a lucrative a self-rewarding business to start. In addition, the business demands very small capital investment. However, you must have some knowledge about designing.
#10. Jewelry Making
Jewelry making is a very attractive home-based manufacturing business. And you have numerous options to start. However, some of the most popular items are beads, pearls, seashell, stone, and Dokra jewelry.
#11. Leather Bag Making
The leather bag is a daily use item. However, most popular items are wallet and bags for ladies. In addition, office bags, laptop bags, and planners are popular corporate gifts.
Mango fruit bar is a delicious food item. The main benefit of this product is you can store for a long period of time. You can start manufacturing at home.
#13. Paper Plate Making
Disposable paper plates have many advantages over conventional crockery/steel utensils. These products have a good urban as well as rural market potential.
#14. Rubber Band Making
An entrepreneur can initiate rubber band manufacturing project at the home location with moderate capital investment. Rubber Band is a very useful thing in our everyday life and it seems that its demand will remain unchanged in future also.
#15. Salted Snacks Making
Dalmoth, Chanachur & Bhujia are the important names of salted snacks. These are very tasty and flavoring food items. You can start manufacturing at home. And try to tap the local market first.
#16. Slipper Making
Today people from both the urban and rural areas are using slippers. However, tastes and requirements vary for every cross-section of the society. With some simple machine and tools, you can start the manufacturing from home.
#17. Soap Making
Soap making business enterprise actually evolves from an individual’s craft hobby. And you do not need to procure MUCH machinery for this.
#18. Uniform Making
Uniforms are essential items for schools and different types of educational institutions. In addition, there are Govt. and non-govt. companies who use their specific uniform. With a sewing machine and other small equipment, you can start this business.
Vermicompost is a rich nutrient organic fertilizer. However, another popular name is compost fertilizer. If you have space, you can start this business from your backyard.
#20. Vinegar Making
Vinegar is a liquid consisting mainly of acetic acid (CH3COOH) and water. In addition, it has a great variety of industrial, medical and domestic uses.
Finally, before you start a small manufacturing business from home, you need to consider certain aspects. Find below some of the basic factors to look into:
Thing To Consider In Starting A Home Manufacturing Business
- First of all, choose the right product. Identify the local market demand and select the product accordingly.
- Identify a space for the manufacturing operation. Remember you have to provide space for raw material storage also.
- Also, identify a small space for your official work like invoicing etc.
- Procure right machine. You must select the machine according to your desired output quantity. Furthermore, decide whether you will procure an automatic or manual machine.
- Finally, check what is the licensing procedure available for this type of manufacturing in your state.
Home-based manufacturing is also a lucrative opportunity for women. However, you must identify the market demand. Pay attention to the packaging. We hope this list of 20 home based manufacturing business ideas will help you in taking an informed decision.