With the objective of offering you lucrative information on starting a business, we have done a lot of research to shortlist the most successful low investment business ideas for those who are looking to start a new business at a cheap investment.
Nowadays, the majority of people always have a second thought in terms of earning extra money through different sources despite their daily routine job. Doing business is always the first idea that comes in mind. But due to lack of proper knowledge like which kind of business they can opt according to their interest and skills, how much money they need to start a business, can they start their business at low investment or not?
Now, the worries have gone because you are going to know how you can choose your best business ideas or niche according to your interests and skills.
Starting recruitment services seems quite an interesting task. Nowadays, it is considered one of the low investment business ideas among many people. Here you can start your own company which is specialized in providing recruitment services to other companies. To make a good start all you have to do is collecting or gathering candidates’ data with good profile those who are looking for better decent jobs.
In recruitment services you just need to do refer a candidate to a relevant company according to his or her job profile and qualification. And after the task is completed you will be able to get your money.
Read Also –Legal Requirements For Starting A Business
Investment required – If we talk about the average cost of starting recruitment services with a team of 5 or 6 members would cost 70-80k including the rent, phone bills, and database cost will be on a monthly basis.
Manpower required – Well, hiring staff who will work under your guidance is quite an important step to take. If you are a beginner in this field so, a team of 6-7 members will be sufficient. But if you are experienced or have worked for a specific company and gained a lot of knowledge and money you can hire as many as members according to their job profile and requirement of your company.
We are usually desperate about organizing and attending parties to celebrate our success, achievement, and happiness. So, starting party planning services is quite one of the low investment business ideas to implement. All over the world giving or organizing a party is always culture.
Investment required – The start-up cost will be around 5 – 10 Lakh to set up the company with required team members.
Social media marketing offers great help to increase your business awareness among people. According to a report, above 78% of businesses use social media to grab customers as it helps your business to connect them.
In the online market, there are many businesses and companies are searching for the best social media service providers whom they offer the opportunity to promote their business or brands online. Here you can start your business at a low cost by offering your social media services to business and you will be responsible for posting texts on blogs, Linkedin, twitter accounts, Facebook pages.
Starting a photo creation business and selling it online in order to earn money is one of the quite innovative ideas to start a business at a low investment. We are damn sure that most people are not aware of this kind of low investment business.
Selling photos online can lead you to earn a lot of money online by just using a PC with an internet connection. In the business, you will have to submit high-quality photos to such sites where people will be able to purchase them and you will be able to get money as per the set price. But make sure you are uploading high-quality images that will be used on websites.
Top 10 websites to sell photos online
So, These are the best websites to upload and sell photos online in order to earn money by making low investments with a high-quality camera.
Starting an ebook publishing business is a good idea to share your knowledge with the whole world. With ebooks publishing platforms many writers or authors are making money online. Now, look at some online platforms where you can publish your ebooks.
Needed things to publish ebooks
You will need the word processing software where you can write your content such as google docs, Microsoft word.
Investment required – According to some reports we have got the information. If you write around 1000 words or above, authors are expected to pay $24 for development editing, $10-25 for copy editing, $10-14 for proofreading.
Here well-experienced writers spend several thousand dollars for their book promotion.
Stock trading is the best option to start a business and to earn a large amount of money. It offers you lots of opportunities to make your career bright as a stock trader but make sure you have proper knowledge of the share market. So, you will be able to make money by selling and buying stocks in different companies. It is considered a high-risk, gamble field that requires experience. Therefore think twice before you go for stock trading.
Opening a grocery store is one of the best low investment business ideas which you can implement. It is the most adaptable business for selling different varieties of goods that people need on a daily basis and which will make you earn a huge amount of money by making low investments. Opening a grocery store is like no loss business as we need goods on a regular base.
These are needed things for opening a grocery store which comes under the category of legal requirements to start a business.
The process of Start Grocery Store
Starting a Mobile shop is a source of earning good profit on a daily basis. The best place where you invest less and earn more.
Investment Required – To open a mobile shop a minimum requirement of around 5 to 10L will be required.
Manpower required – It all depends on you if you like trading individually then you can go with a sole proprietorship. But managing 4-5 customers simultaneously could be a time taking process.
If you are a genius at repairing devices you can think to open a repair shop. Opening a repairing shop is a one-time investment. Just take the necessary diploma in order to get some experience.
So, These are the top 7 business ideas which you can start at low investment but make sure it suits your skills and interest. And we hope these top ideas will lead you to make better decisions in terms of starting a business at a cheap investment.