25 Low-Cost Small Business Ideas For Company Registration in India

25 Low-Cost Small Business Ideas For Company Registration in India

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Are you an aspiring entrepreneur looking for profitable business ideas? You've come to the right place. Here are some low-cost small business ideas you can start with little investment.

The following article discusses 25 Low-Cost Small Business Ideas for Company Registration in India?

Ice Dish & Soda Shop

Indians love to eat and hence, food business is a lucrative startup idea for a 10K budget. A well-planned menu and a good marketing strategy will help you make a profit quickly from this start-up.

The ease of doing business in India has made it an attractive destination for new international businesses. Moreover, the Government's 'Make in India' initiative has helped reduce the cost of manufacturing. Choosing the right business structure is also essential for attracting investment. You can register a company limited by shares or a company limited by guarantee.

Laundry Service

Laundry services are an excellent business idea that can help you make money. This business requires little start-up capital and can provide a high return on investment. Customers often expect their laundry to be picked up, cleaned, and delivered in a timely manner.

The beauty salon business is another great opportunity for those looking to start a small business with a low investment. This business requires specialized knowledge, but it can be highly profitable. You can open your own beauty salon or become a franchisee of a popular brand.

Organic Farming

Organic farming is a form of agriculture that avoids the use of chemical fertilizers and pesticides. Instead, it relies on a combination of crop rotations, animal waste, and other organic sources to improve soil quality.

The country's farmers are increasingly switching to organic farming methods. While most states have not yet fully embraced this practice, Sikkim, Meghalaya, and Mizoram have made great strides in becoming organic farming states. The process of obtaining an organic farm certification can be complicated and will take at least three years to complete.

Mobile Garage

A mobile garage is a great business idea as people find it convenient to get their vehicle servicing done right at their doorstep. However, this type of business requires a significant amount of investment and skilled workforce.

Another popular low-cost business idea is a fruit juice shop. This type of business is particularly profitable in areas with a high population of tourists. Also, you can consider starting a carpool service business for commuters. It can help them cut down on fuel costs. Also, it helps them meet new friends.

Pest Control Business

Pest control business is a lucrative business idea that can be started easily with a low investment. It offers huge profits and has a vast scope for growth.

A flawless business plan is a must to launch your company successfully. A professional business plan can help you secure investments and meet your legal requirements.

You can choose a legal structure like sole proprietorship or limited liability company (LLC). The choice will affect your taxes, liabilities, and registration needs. A reputed company such as Legal Nature can manage your business registration process efficiently.

Landscaping Business

Landscaping services are in high demand, particularly as the government turns remote areas into tourist spots. The good news is that this business requires minimal startup costs to launch a home-based landscaping firm.

Mike advises landscapers to develop a business plan that defines long-term goals and outlines initial and ongoing expenses. This will enable them to charge enough to cover their work and provide a profit.

A granular understanding of the daily costs of a landscaping company empowers business owners to increase prices in response to increased fuel, materials, or labor costs. It also allows them to maintain profitability as they grow their business.

Aquarium Business

You can use traditional marketing techniques to promote your aquarium business, including branding, online marketing, and event marketing. These strategies can help establish brand recognition, build customer loyalty, and drive growth.

Utility fees, like electricity, are a significant part of the start-up cost for an aquarium store. You may also need to purchase an insurance policy for the business.

Consider setting up a separate bank account for your aquarium business to keep your personal and business expenses separated. You may also need to budget for professional fees, like legal and accounting services.

Fancy Dress Renting Business

Fancy dress rental platforms like Rent the Runway, Bag Borrow or Steal and Le Tote let fashion-conscious customers rent designer dresses, accessories and formal wear for a limited period of time. This business idea can be profitable if you manage to establish a competitive edge over your competitors.

For this, it is recommended that you integrate your online dress rental marketplace with a third-party solution that supports booking functionality. This will save you money on website development costs and ensure that customers are able to book their desired products instantly.

 

When considering these business ideas, remember to conduct market research and assess local demand to ensure that your business aligns with the needs and preferences of the Indian population. Additionally, consult with company registration consultants to navigate the legal aspects of registering your business efficiently and in compliance with Indian regulations.

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