Most people believe starting a business venture always require a lot of money. However, this is not always true. There are some legitimate self employed business opportunities you can start with a minimum startup capital investment. And also these are profitable and lucrative. Here in this post, we put a list of 40+ great self employed small business ideas for your ready reference.
If you are a new entrepreneur and don’t want to take much risk, you can start a self employed business from tomorrow. However, this type of business demands a specific area of expertise and skill. A self employed business also allows you to take less tax and compliance liabilities. However, it varies upon the location where you are starting the venture. Additionally, as your business grows, at any moment of time you can register a company or registered business entity.
List Of 40+ Self Employed Business Ideas
#1. Advertising Agencies
If you have experience from the advertising related field, you can start this business of your own. This industry offers various lucrative opportunities for self employed business owners. Read More…
#2. Artificial Jewellery Store
Artificial jewellery is gaining tremendous popularity nowadays. Due to the low price, attractive looks and a wide range of designs, it attracts mass population. With a small retail space, you can start this business of your own. The business is also perfect for women.
#3. Auto Parts Store
Automobile spare parts business is very lucrative. If you can source the material rightfully you will make good margins. Additionally, you can start this business with an authorised distributorship of a reputed automobile company.
#4. Auto Repair & Service
If you have the skill and knowledge, you can start a small auto repair and service centre. According to your skill, you can go for two-wheeler or four-wheeler repairing. Read More…
#5. Battery Store
This is an another lucrative item to start with a small retail space. Additionally, you can offer battery reconditioning, battery check-up, water filling etc.
#6. Beauty Parlour & Spa
Any individual with adequate skill can start this business. If you don’t have the skill, you can go for some courses on beauty salon. From a small retail space, you can offer niche services like pedicure manicure or hair styling or nail art etc. Read More…
#7. Computer Hardware Shop
There is a good demand for the computer hardware items in the market. However, you will need to secure a good retail space for this type of shop. You can also start with a distributorship of a reputed brand.
Self Employed Business Ideas
#8. Computer Repairing
You can start computer repairing business by two ways. As home-based or from a retail location. The business doesn’t demand a lot of capital for starting.
#9. Computer Store
This a profitable and self-rewarding business. However, the business demands a substantial upfront capital investment. Also, you have to secure a prominent retail location.
A retail beauty supply store or cosmetics store is a lucrative business to start from any location across the globe. Even this business is profitable in small towns and suburban areas. Read More…
#11. Crochet Knitting
Crochet knitting business opportunity is ideal for passionate crochet knitters who want to turn their hobby into a profitable venture. Also one can consider starting this business when he or she has any other knitting business already. Read More…
#12. Event Management
The event management business is lucrative and allows you to start from home. However, you must have the right knowledge and networking skill to get the success.
#13. Farm Equipment Repairing & Servicing
This is a perfect business for the rural areas and small towns. You can start as an authorised service centre of a reputed company or you can start your own.
You can start the florist business by two ways. You can offer the service from home or from a retail store. Definitely, retail store operation will ensure better profitability of the business. Read More…
Self Employed Business Ideas
#15. Gift Shop
A gift shop is a great business for suburban and small towns. There is a wide range of items you can offer to your consumers. The list includes cards, books, soft toys, decor items, craft items etc.
#16. Hardware Store
A hardware store with a range of products like bathroom fittings, paints, tiles, construction materials is a profitable business. Initially, you can start with limited products, and as your business grows you can develop the range easily.
#17. Home-based Catering
A catering business is a perfect opportunity for the people who love to cook. It is a profitable business and ensures lucrative margin to the owners. Read More…
#18. Internet Cafe
If you have space in a residential location you can buy few computers and can start this business. Additionally, you can offer colour printing and PCO service from the same infrastructure.
#19. Juice Bar
Opening a juice bar is a lucrative business in the retail food industry. A juice bar can sell freshly squeezed juices and also synthetic mixes. Read More…
#20. Kids Play Center
This is one of the most profitable and emerging business nowadays. However, the business demands substantial capital investment to start. You have to invest money for securing a good retail space and for purchasing the equipment.
#21. Kids Store
If you live in a city with a high population density with the young crowd, a retail kids store business is perfect to start. An entrepreneur having knowledge about the retail industry can initiate retail kids store business with focusing target niche. Read More…
Self Employed Business Opportunities
#22. Kitchenware Store
Kitchenware items have good retail potential. Quality products fetch lucrative revenue. And the sector includes a wide range of products. Such as vessels, dinner sets, cutleries, kitchen chimney, different knives, peelers, crockery items etc.
#23. Ladies Garment Shop
Ladies garment industry is very lucrative. Though there are several online marketplaces, women still prefer to buy the outfits from brick & mortar store.
#24. Laundry & Dry Cleaning
Laundry with a dry cleaning service is an evergreen and recession proof business globally. From any location across the globe, you can start this business. Read More…
#25. Lighting Decoration Service
This small business has great market potential globally. And you can start this business from home. If you enjoy arranging and decorating lightings, this business is perfect for you.
#26. Mobile Repairing
At present most people buy mobile phones for communication purpose. It is no more a luxury among people. As a result, mobile repairing shops are increasing. If you have an interest in mobiles you can learn necessary skills and start this business.
#27. Mobile Store
Mobile retail store with accessories is a great business to start. The business is not only perfect for metro cities but also in small towns. However, the business demands a moderate upfront capital investment.
#28. Pickup Van Service
If you can drive and enjoy outdoor work, you can consider starting this business. Just only procure a small pickup van and offer the service to the local consumers.
Self Employed Business Ideas
#29. Plant Nursery
If you have some land and source of water at your backyard, you can try this business with very little investment. The home-based nursery is a traditional business and people prefer to buy plants and equipment from there. Read More…
#30. Photography Service
If you have an interest in photography, you can try this business as it requires little investment. A photographer generally works in a freelance capacity and is hired for specific jobs by different clients. Read More…
#31. Seeds and Fertiliser Shop(License Required)
This is one of the most lucrative self employed business you can start in the suburban or rural areas. You can stock a wide range of items like fertiliser, pesticide, seeds, insecticides, weedicides, micronutrients etc.
#32. Soda Shop
Needless to say that soda shops are popular globally. And the business demands very small capital investment. however, you have to secure a good retail location that can attract the target audience.
#33. Sound System Renting
Sound systems are essential items in ant type of stage performance and events. Generally, event management companies prefer to hire the systems for the events. In starting the business, you will need to procure different equipment and tools.
#34. Sweets & Snacks Store
This is a profitable food retail business you can start with small capital investment. However, you must select the items as per the taste of the local consumers.
#35. Tent House
Tent house is a traditional business and is still very lucrative. However, the business demands a will stock of equipment and tools for renting. Also, you have to have a retail or office space to operate the business.
Self Employed Business Ideas
#36. Tiles & Marble Store
The demand for good quality interior is increasing globally. And there is a wide range of tiles, granite and marbles in the market. However, the business demands a moderate capital investment in starting.
#37. Travel Agency
As a travel agent, you will help customers in booking flight tickets, train tickets, hotel reservation, promoting tour packages, etc. To start a travel agency business you will need to determine the specific services which you are going to offer your clients. Read More…
#38. Video Editing
With a right skill and adequate knowledge any individual can initiate video editing service business with comparatively small startup capital investment. Read More…
The demand for good quality videography is always there in the market. However, you must have proficient skill with a good quality camera and accessories.
#40. Woodcraft Store
People prefers different types of woodcraft items globally. The list may include jewellery, accessories, wall hangings, home decor, kitchen utensils etc. This item is perfect for kiosk model retail stores.
#41. Xerox Photo Copier