Small Business Ideas with low investment (Part 1)

There are several people who want to start a small business with low investment or without investment. They are always looking for small business ideas to earn money by spending a few hours a week. Young people, college going students and housewives can start their own business with low or zero investment. In this post, let us take a look at some small business ideas with low investment. 

There are various business ideas that one may have, which require little investment. If you are also looking for small business ideas to earn more money you may go through the below mentioned list.

The below list also includes part-time business ideas, business ideas for women and home based business ideas too.

List of Small Business Ideas with Low or Zero Investment

#1. Tuition Centre

Starting a tuition center is a lucrative small business idea that can give you a great income. This is also one of the most cost-effective small businesses as it requires almost zero investment to start. Tuitions are very popular among school going students.

You can take tuition classes in your home or you can offer your tuition services to homes in your area. There is a very high demand for tutors of mathematics, physics, and chemistry. Your income totally depends on the number of children coming to your center and the subjects being taught.

#2. Customized Jewelry

You can start customized jewelry making if you have an eye for designs and love jewelry. Many people, especially women love to wear jewelry thus personalized and customized jewelry businesses are sure to grow. You would need to take basic training before starting this business (You can also learn online).

You also need small capital for buying jewelry making kit and materials for making jewelry. Creativity in making designs and a good marketing strategy are two basic needs to succeed in this business. You can sell your jewelry online as well as in person.

#3. Tiffin Service

Starting any business related to food is almost always profitable. If you are an expert in cooking you can start tiffin service from your home. Everyone needs food and people are increasingly leaning towards homemade food. Working people do not have the time to cook their own food and this is where you could come in.

There is no big investment required in starting this business provided the food is tasty, fresh and nutritional. If you love cooking, there is no better business for you to do than the tiffin service.

#4. Insurance Agent

Taking insurance agency is one of the best small business ideas without investment. Most people have their first contact with an insurance company through an insurance sales agent. An insurance agent is dealing directly with clients and explaining them the different insurance policies offered by the insurance company.

The main job of an Insurance Agent is to convince the clients and make them take a policy. This is one of the best small business ideas for people who want to work part-time such as housewives, college going students and working people.

#5. School and Office Supplies

School and office supplies business is almost as stable as the food businesses because these supplies continue in demand all year round. These products include pens, pencils, paints and colors, notebooks, notepads, the paper of different varieties, files, staplers, calculators, printer cartridges, paper clips, and others.

With the increasing numbers of schools and offices, the demand for different stationery items has increased a lot in the past few years. Moreover, the products are non-perishable, thus it is a safe and good small business idea to start. In this, the requirement of investment will depend upon the scale of your business.

#6. YouTube Channel

Creative and talented people can start their own YouTube channel and earn money with little investment. Creating a YouTube channel and uploading videos on it is free. You can create your independent YouTube channel and make a lot of money out of it.

Many people are earning handsome amount of money from their YouTube Channels. If your channel becomes popular you can also earn a lot of money.

#7. Ice-cream Parlor

Please note that ice creams are no longer a summer treat. Therefore, opening an ice cream parlor is another good small business idea which would run all year round.

Starting an ice cream parlor can be lucrative, as long as you have different flavors and unique recipes to attract clients. If you will give a unique style and taste to the ice cream parlor business, it would be profitable in a smaller amount of time.

#8. Freelancer

These days, hiring freelancers is becoming more and more attractive to many businesses. There are ample opportunities for freelancers to start a full time or part time freelance business.

You can look for opportunities in website design/development, SEO (Search Engine Optimization), graphic design, virtual assistant, translation, marketing or any other freelance jobs.

#9. Blogging

Blogging is one of the best-earning platforms if you have good knowledge of the subject you are writing on. Blogs are very popular among the young generation.

You can create a free blog as well as a paid blog. Starting a simple blog does not require any major technical expertise but it requires time and dedication for writing on a subject. Write at least two posts every week. This will attract visitors to your blog.

Generally, it takes 6 to 12 months to get good traffic on a blog. There are several ways to increase traffic but the best way is good content writing. Once there is good traffic you can earn by placing ads on your blog.

 #10. Online Selling

Days are gone when you needed to set up a shop to sell something. Now there are many people who are earning good money every month by selling different products on various websites like Flipkart, Amazon, eBay, Shopclues, Snapdeal, Etsy, etc.

You can create your own product in your extra time or you can also find some products from others for selling online. You need to sign up with these websites, list your products and see people are buying your products.

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Small Business Ideas with Low Investment (Part – 1)