Best 5 Small Business Ideas
Opportunity India Desk
Jun 10, 2020 -
4 min read
While many of you would think that a jackpot through business could only be hit after investing all your hard-earned money; little did you know that a small business idea can also make this happen.
Explore some of the best small business ideas that require less investment and make big money.
With a market size of over Rs 80,000 crores in 2018, the Indian beauty and wellness industry is growing at a fast pace, and a large chunk of the revenue comes from the massage and spa businesses.
People around the globe are getting more tensed, stressed, and pressurized as the private and corporate world is getting denser and tougher with each passing day. In such a scenario, opening a massage clinic could turn out to be a lucrative option. You could cater to the modern-day people, especially ones that belong to the private and corporate world by providing them relief through your interesting and relaxing massage services.
Starting a massage business requires a very low investment as it can be started in the comfort of your home.
In India, Chai is more than just a cup of tea to start the day. It is a drink that Indians can’t live without. India consumes 837,000 tonnes of Tea every year. With such high consumption of the drink, tea cafés are emerging as a huge business opportunity.
The people who are passionate about cooking should open a tea café as it is a beneficial business opportunity for them. The area requirement for such a model is 250 sq ft, therefore, it can be opened at home. With an investment of just Rs 10 lakh, one can expect a high ROI of 40% by opening a tea café business.
The current population is getting more aware of the basic facts of a healthy lifestyle. The immense pressure in every field is taking a toll on the population in the Indian scenario. The degree of competition and a huge volume of aspirants in every field are pressurizing everyone causing immense mental stress. This stressful life along with improper habits sums up to deteriorate the health conditions. A personal trainer is what the population needs, these days, to stay both physically and mentally fit.
Starting a business to provide personal health training is very promising from its own aspects. You can kick start the project with a small space of your home and with limited equipment. The urban population of India needs ventures in this part of the wellness industry. Be a proud participant in the revolution of making India fit and healthy.
In India, the bakery business is the largest in the food processing sector. The industry has achieved the third position in generating revenue among the processed food sector. The bakery industry is also noted to be one of the fastest-growing segments within foods with an annual growth rate of 20-25%.
The bakery segment in India can be classified into three broad segments, bread, biscuits, and cakes. Due to the rapid population growth, rising foreign influence, the emergence of a female working population, and the fluctuating eating habits of people, bakery products have gained immense popularity among people, thus contributing significantly to the growth of the bakery industry.
With such potential in the market, starting a bakery business can reap you huge profits. This is one of the best small business ideas to start from your home.
The biggest challenge of being a single mother is to take care of their children along with managing the work. If you are facing such difficulty, then opening a day-care service in your home might just be the right thing for you.
Apart from great profits, working from home and being able to stay home with your children are great perks to start a day-care business. Also, the work timings will be less in comparison to other businesses.
