You can start your online candle making business and sell the home-made candles.
Are you looking for big ideas to start a small scale business then Here are 50 low investment small scale business ideas for you to choose from.
What is a small scale business?
A small scale business has the following characters:
- Covers smaller markets
- Smaller size of teams/ employees
- Comparatively lower revenue and profitability
- Run as a proprietorship or a Limited Liability Partnership
Why start a small business?
These are the few typical benefits you’d get if you own a small business:
- Low risk of failure
- Favourable government and bank schemes
- Be your own boss (everyone’s dream)
- Low capital investment
- Easy to start/set up
- Tax benefits
Small Scale Business Ideas
Below are the list of 10 small scale business ideas that you could run easily:
1. Home Baker
If you love baking, You could start a baking business. Buy a good oven and start baking with all heathy ingredients. Start an online store and run a business which would be profitable before you even realise it.
2. Digital Marketing Agency
If you know digital marketing, then you can start a digital marketing agency by hiring resources like writers, designers, developers, social media managers and search engine marketers. You don’t have to invest in taking an office as its an online business. Once the business grows, you can think of taking an office.
3. Social Media Influencer
Start off on social media and engage with your followers consistently, if you are a creative thinker and create unique content. You will soon build a follower base, If your content is engaging.
4. Cloud Kitchen
You could start a cloud kitchen business from your own kitchen, if you can cook lip-smacking food and loved by other people. You can reach your customers quite easily by your kitchen, a smartphone and food delivery apps.
Candle is easy to produce with Just 4 ingredients – wax, essential oil, wicks and a mould. You can start your online candle making business and sell the home-made candles. Demand for scented candles in the Indian households is booming which can give you 20-25K a month.
6. Share Trading
You can invest in share trading if you are good with analysing numbers and patterns. You could earn good amount of money with share trading. Start with small investment. You can spent only a few hours a day and start making money. You can learn it by taking trading courses online to mitigate risks, before you get started.
7. Toy Shop
If you want to start a good business with limited capital then,a small toy shop near a residential area is a very good idea. To make it a successful business , Keep some unique and different toys. You could start selling toys online to reach a wider audience.
If you have sufficient time ,you can fulfil the need of baby sitting business. Babysitting business is on high demand as schools are still shut and Working parents are in desperate need of babysitting. You can can hire young girls and non working women and start this business. You only need to invest time to become a babysitter if you are doing it yourself.
9. Organic Farming
Organic farming is booming up as people become more conscious about the quality of food they consume. They want only fresh and organic food. You can start organic farming which could become a profitable business if you love farming.
10. Salon Services
If you are good at head massages , make-up/ hair styling/ grooming, then starting off these services could be a great idea. Grooming is something that everyone needs to feel good but pandemic has forced people to stay inside home . You can promote your business on social media and you will see busy days ahead! You could invest in a short-term beautician course if you will.