There are many business ideas that one may have, which require small capital. However, in all these cases you need some expertise. However, in some cases you may be abe to hire experts and run a shop. Take a look at 10 small business ideas that require low capital.
You may not require very large investments for this business.
In fact, you can take a shop on hire and recruit people who know the business. You do not even need to know or be an expert beautician. The same goes for a hair cutting saloon. No major investment in raw materials.
These days people are advertising for insurance advisors and planners. This can offer you a steady stream of revenue, if you are able to scale up the business. You may need some basic knowledge and training for the purpose.
Real Estate Consultancy
This is another good area you can target, if you have the contacts.
It requires almost zero capital and a little bit of knowledge. A few deals a month is enough to sustain yourself.
Even if you are not an expert, you can hire expert staff and start a coaching class.
This has become a very lucrative business area, as parents are getting increasingly concerned about the studies of their children.
Increase in disposable income and rapid urbanization is leading to better business prospects for businesses like ice cream parlours.
A good proposition with low investment.
If you love the online and digital space you can get trained in Search Engine Optimization or more popularly called SEO.
Websites are increasingly seeking EO experts to boost their pageviews and improve readership.
This is another business area that does not require too much of a capital. There is not much technical expertise also which is required.
If placed in a strategic location has the ability to do well.
Mutual fund agent/FD agent
You can also take-up agency for mutual funds and company fixed deposits. However, this may require a little bit of training initially.
It is important to give proper advisory services.
You can start a plant nursery and sell plants. This also requires very low investment.
Leverage your area of expertise
Each individual God has created knows something unique. You can impart knowledge to those willing to learn and make some additional income, if you have the knowledge.