Starting a business can be a difficult task, especially when funds are limited. Inventory management, logistics, and marketing, for example, can shatter a beginner's confidence. It's a long and tough path, but when the plans are right, the founders, stakeholders, and people who rely on it for their livelihood get its benefit.
Top 8 Profitable Low-cost Business Ideas
Below we have compiled a list of 8 Profitable Internet Business Ideas that can be started with as little as Rs 25,000.
Papad Business
Because of the low initial investment, a papad business can be profitable. To get started, one might start by producing papad at home or work with papad makers in Amritsar, Guruvayoor, and Bikaner. Papads are available in a wide range of flavors, including rice papad, urad dal papad, moong dal papad, aalu papad, and Phool papad. SKUs can be chosen based on regional demand.
S. Amanpreet Thind, a Ludhiana-based entrepreneur, founded the Amritsari papad company with Rs 100 in 1937. If you want to establish a business, a small investment of Rs 25,000 would get you started sourcing papads and selling them online through social media or e-commerce.
Spices Business
Spices are a large business in India, with demand coming from all around the country. We used to use fresh spices that we prepared at home, and we still do. Many spices, including garam masala, jeera masala, parantha masala, and others, are manufactured at home and are in high demand.
Urmila and Aarti Samant, a mother-daughter combination from Mumbai, founded Masala Tokri, a spice brand that they began by selling to their circle of family & friends. The duo now hopes to reach a turnover of Rs 1 crore in a little more than two years. The business is profitable and just requires a little outlay for basic materials.
To start this business in India, it's important for you to know Why India is called the land of Spices & Flavors.
Biscuit Business
As we know that biscuits are always in demand. Even during the pandemic, when other businesses were at a loss, Parle G Biscuits have been sold so much that the record of the last 82 years was broken. In such a situation, setting up a bakery product-making unit can prove to be a great option.
To start a manufacturing unit for making such biscuits, cakes, chips, or bread, the investment will have to be made in setting up a plant, low capacity machinery & raw material.
As the biscuit businesses are always in demand and are very profitable. So, even you can start this business with government support.
Disposable Cutlery
Disposable cutlery, ranging from plastic to areca to bamboo spoons, bowls, and plates, is in high demand in India, particularly among Quick Service Restaurants (QSRs), retail, and customers for a variety of occasions.
Given that the products are purchased from local wholesalers or manufacturers, the disposable cutlery business is a low-investment, high-profit venture.
As we all know that the problem of pollution has increased a lot in the country, in such a situation the government has banned plastic. Because of this, most people do not use plastic. In view of this, the demand for disposable cups or glasses has started increasing in the market. At this time, Starting a disposable glass-making business can prove to be beneficial for you.
Floriculture Business
Flower business can earn you a very good profit. There are varieties of flowers, which many people buy for bouquets or decorations. You can find out about the areas, where these flowers are cultivated, then make a budget & meet farmers and buy flowers from them.
This business can be started in a simple place with up to Rs 20,000. To get double profit, buy flowers at wholesale price from flower market & sell them by making garlands, bouquets, etc. If you spend Rs 1000 on retail flowers, you can get Rs 2500 to Rs 3000 on selling them.
Home Bakery Business
Setting up a basic home bakery business does not necessitate a large investment, but it does necessitate a strong desire to bake and a little sum of money to purchase an oven and baking goods.
Mariam Mohuideen, the founder of Mangalore's Baker's Treat, began with a little bakery set constructed out of devotion. Baking is a craft, she says, and starting a business in this area requires "thinking beyond the box."
A home bakery can be started for as little as Rs 15,000 and as much as Rs 25,000.
Homemade Candles
People have been purchasing more candles, particularly scented candles, in recent years to enhance their home décor and for gifting purposes. Candles can be made at home or purchased from a third party to start a candle business with a small expenditure.
In addition, you'll need various candle-making tools, such as a melting pot, thermometer, pour pot, weighing scale, hammer, and oven (to melt wax). Wax, wick, moulds, thread, scent oils, and other basic materials were used to establish the firm.
Artificial Jewellery
The need and demand for jewellery never go out of style. The demand for fabricated minimalist jewellery pieces remained constant even during the COVID-19 lockdown when most businesses were shut down.
With as little as Rs 25,000, you may start your own faux jewellery business. Chinu Kala, the founder of Rubans, a Bangalore-based jewellery brand, believes that starting an imitation jewellery business is a brilliant concept and that buying things in bulk for between Rs 15,000 and Rs 20,000 is a good investment.
