Best Successful Small Business Ideas For Entrepreneurs In India

. 12 min read
Best Successful Small Business Ideas For Entrepreneurs In India

Table of Contents:

1. Business Ideas In India For Beginners

2. Top Entrepreneur Business Ideas In India

3. Small Business Ideas For Entrepreneurs

4. Top 20 Profitable Small Businesses Worth Starting in 2021

5. Key Takeaways

1. Business Ideas In India For Beginners

There are many dynamic young individuals with brilliant minds in India who want to earn big and become self-reliant by venturing their own business or startup. Standard 9-5 working hours isn't everybody's cup of tea. When you start your own business, you start something from scratch, even if it's a small business with low investment. The startup wave in India started in 2014, and ever since, the startup ecosystem has been booming.

To encourage these budding future entrepreneurs, the government has initiated the Startup India Scheme and Stand Up India Scheme. If one looks for the definition of best businesses in India, the answer to the question is subjective, meaning it depends on the underlying factors such as the market, demand, personal interest, and democracy. Let's discuss some of the most successful small businesses ideas best suited for a beginner in India.

1- Photography

If your hobby can make you earn money, why not make the most of it? All you'll need to do is turn your hobby into your full-time profession and devote some extra time and turn it into a business. Your precision, skills, and a good camera with a powerful lens will surely take you places and turn you into a good photographer.

2- Freelance Writer or Content Writing

If you enjoy writing, why not do something about it? Every online company or website needs a content writer of their own. If you can choose attractive words along with grammatical correctness, you are eligible to apply for content writing firms or consultancies. There are so many different kinds of content writing jobs available in the market today. You need to communicate your work and find the appropriate company or firm for you to work for.

3- Dance Centre

If you love dancing and are good at dancing or choreography, you can quickly start your dancing studio by renting out open space. The only investment you'll need to make is the marketing cost for your dance academy. If you're not good at dancing, this doesn't limit your chances for the business because you can easily hire other dances for your studio.

4- Travel Agency

Starting a travel agency requires some investment, an attractive office at a prime location (e.g., marketplace or near hotels), and a couple of certificates. A successful travel agent will always make sure that the customer travels at ease and convenience. The travel agency will also require adequate knowledge of flight fares, hotel rates, and worldwide itineraries.

5. Shake Counters or Juice Outlets

Most Indians are becoming health conscious these days; therefore, fresh juices without preservatives replace popular cold drinks and sodas. This small business idea is making the rounds, and it has become a top option for a potentially successful venture. If the food and drink you provide are of high quality, you have diversified the menu, and you have acquired the requisite permits, you can rest assured that your business will run smoothly.

6. Blogging

One cannot stress enough how blogging is one of the easiest ways to start making money online with zero or low investment requirements and unlimited earning potential. There are so many small businesses from home, such as blogging and blogging. All you need to do is make content (write up or videos) that reaches the maximum number of views or readers and expand your reach.

7. Online Businesses

Every small business can grow into a massive business over time. Studies have also found that having an online footprint is crucial since businesses with an online footprint perform better than those without. Startup business idea focuses on providing a wide range of online services and products to various medium and small businesses. Such ventures require basic computer systems, high-speed internet connection, software designers, and entrepreneur skills to set up the business initially.

8. Yoga Instructor or Studio

If yoga has enriched your life, you can enrich and touch upon others' lives by becoming a personal yoga instructor or opening up a yoga studio. Yoga, as proven, has numerous benefits that include reducing stress and other health diseases. Yoga instructors are in considerable demand in India at present. If you know yoga and can self-practice all the asanas and pranayama, you can make an excellent yoga instructor.

9. Daycare Centre or Services

With the increase in working moms, the prospects of daycare services are also increasing. In India, the demand for daycare services is rising, and it will continue to rise shortly. The demand for daycare services is significantly higher in large or metropolitan cities, with many working women belonging to nuclear families.

10. Coaching Center

Investing in education or education-related services like coaching centers, online classes, and tuition classes is always a good investment because it is a field of diversity. It is also an excellent low-cost business idea.

tutor giving class to students
Small Business Ideas For Entrepreneurs

2. Top Entrepreneur Business Ideas In India

1- Wedding or Event Planner

People are getting busier each passing day. If a person is creative and passionate about designing and organising, wedding or event, Palmer is a suited profession for you. Event planner as a profession is highly demanded these days since every other occasion such as birthday parties, office parties or conferences, weddings, and ring ceremonies requires overall planning and presentation that is both up to the clients' needs and requirements insta-ready.

2- Eatery or Takeaway Joints

It is a top choice for people to indulge and open up businesses in the food and beverages (F&B) industry. It is a small-scale business idea but will never run out of customers since food is a basic necessity. You don't need to have a full-fledged restaurant from the beginning. You can have a few essential dishes on the menu that are super affordable for all walks of people to dine on or takeaway.

3- Consultancy

Consultants are super crucial for almost every sector. A consultant supervises or assists companies and firms in their development and growth progress. Someone with a degree in law, accounts, healthcare, IT, HR, finance, marketing, social media can start their consultant services or consultancy company and tie-up with the big and emerging companies and make good money.

4- Embroidery and Tailoring

Tailoring and embroidery as a startup business are prevalent for many decades now. Tailoring businesses are in high demand in major metropolitan cities.

5- Placement Services

Low-cost placement businesses that have tied ups with reputed organisations and place good employees with them is a win-win situation for all.

6- Beauty and Hair Spa/Salon

Opening up a salon is a great business idea for a beginner. People are constantly conscious about their appearance, and they will always want to look presentable and well-groomed. Therefore, they will always be willing to spend dollar bills on expensive salon services.

7- Boutique

If clothes and fashion allures you and you have a keen interest in stitching or designing clothes and other garments, you can start a boutique. You manage it from home or rent a place.

8- Real Estate Agent

A good seller with great convincing power will make a great real estate agent. The investment cost will be very low for this profession since you'll only need an office space that looks professional. You'll, however, need to have adequate knowledge of the kinds of property available in the market, the documentation requirements for the same, and need to build an impressive rapport with your clients.

9. Catering

It is one of the central business ideas prevalent nowadays. The only capital investment for a catering business will be hiring labour, raw materials, besides procuring chairs, tables, and tents.

10. Cafe Bistro or Ice Cream Parlour

Opening a bakery shop or an Ice cream parlour is a pretty decent business idea. It is a one-time investment since almost everyone is a sweet tooth, so they'll always keep coming. Sweats are almost irresistible, and if you have an extensive menu at affordable prices, it'll be an absolute delight to the customers' taste-buds.

11. Baking or Cooking Classes

Taking baking or cooking classes is a unique trend that's popular among urban families.  If you are an experienced chef, you can carry out these classes online or in-person or even make cool vlogs on culinary skills.

interior of an ice cream parlour
Business Ideas In India For Beginners

3. Small Business Ideas In India For Entrepreneurs

While small scale business ideas in India for beginners sounds super tempting in the beginning, one must know a proper pace and forte to begin with. (This is an indicative list on small items for the first time entrepreneur.)

  • Handmade Candles- Festivals and religious occasions create enough demand for this product throughout the year. Value-added scented and therapeutic candles have a reasonable need in cities.
  • Pickle Making- Pickles are stable in many Indian households to enhance the taste of food and are popular both in urban and rural areas. Indian pickles are in great demand abroad, but you have to follow several conditions of product specifications, hygiene, and packaging for exporting your pickles.
  • Incense Sticks (Agarbatti)- A popular item used in most Indian households. Quality, proper packing and marketing can help a start-up to establish itself quickly.
  • Disposable Plates And Cup- A vast potential exists in India for food-grade paper items. The outdoor food market, including quick food joints and street food, is enormous. Growing consciousness on hygiene is helping the demand for disposable products rapidly both in cities and in semi-urban towns.
  • Eco-Friendly Carry Bags- Offers an immense opportunity in urban cities. People increasingly realise now the harmful effects of plastics and paper bags are becoming a replacement option in the considerable packaging segment.
  • Organic Vegetables- New opportunity areas, where demand for value-added fruits and vegetables are rising fast in cities. Mainly for the farm sector, individuals who can exploit this business idea can get established very fast.

4. Profitable Small Scale Businesses Worth Starting in 2021

To start a highly profitable small business in India you can begin by bringing the business idea alive through careful planning and organisation skills. Consider all aspects like investments, expected profits, raw-materials, and future growth prospects before taking up any project.

  • Cleaning Services
  • Online Teaching
  • Food Truck
  • Digital Marketing Services
  • Multilingual Services
  • Event Planner
  • Dance Studio
  • App Developer
  • Video Content Provider
  • Content Writing
  • T-Shirt Print Business
  • Homemade Chocolate Business
  • E-Commerce Store
  • Transcription Service
  • Travel Planning
  • Organic Product Seller
  • Cleaning Services
  • Tutoring Services
  • Delivery Services
  • App Development

5. Key Takeaways

But before you start any business, big or small, as an amateur or a beginner, you must remember that every business had its pros and cons. Always choose wisely to earn money whilst Googling entrepreneur business ideas in India. Your skills will come in very handy in matters of achieving your target. Just be confident enough to implement those special skills that you pose and overcome the upcoming hurdles. There are many rich ideas that include small business ideas for entrepreneurs with which one can start their venture and perform well with a small business strategy. So set sail and earn big bucks!

Also Read:

1) 9 Reasons Why You Should Use a Staff Management Platform for Your Business
2) Optimisation of Staff Management and Employee Interests in a Small Business
3) Top Software Ideas for Startups & SMEs for 2021
4) Why Choose OkStaff for Managing the Payroll of your Small Business?

Stay updated with new business ideas & business tips with OkCredit blogs in- English, Hindi, Malayalam, Marathi & more! Download OkCredit now & get rid of your bookkeeping hassles.

OkCredit is 100% Made in India.

FAQs

Q. What are small scale industries in India?

Ans- Small scale industries are the ones in which the rendering, composition and production of services are done on a micro/small scale. Millions of people are a part of the small scale business in India along with import-export.

Q. Which is the most profitable small scale business idea in India?

Ans- This is a list of the top 15 most profitable small scale businesses in India:

  • Apparel Boutique Stores
  • Catering
  • Coaching Classes
  • Consultancy Companies
  • Indian Handicrafts
  • Jobs & Placement Services
  • Salon
  • Ice-Cream Parlour
  • Travel Agency
  • Wedding Bureau
  • Photography
  • Fitness Instructor
  • Cooking Classes
  • Online Businesses
  • Embroidery/Tailoring

Q. Which is the best small scale business?

Ans- The best small scale business in India is the Catering and Takeaway foods business. It needs low investment to begin and can be operated from home.

Q. Can you suggest some small business ideas in India under Rs 10000?

Ans- Here is a List of Businesses You Can Start Within 10000 Rupees in India:

  1. Candle Marketing
  2. Copywriting business
  3. Mobile Repair Shop
  4. Affiliate Marketing
  5. Tuition Classes
  6. Food Stall
  7. Homemade Healthy Sweets & Savouries

Q. What are some of the most profitable business in India?

Ans- Some examples of the most profitable business in India are:

  1. Personal Training or Coaching
  2. Food Trucks
  3. Information Technology
  4. Repairing Services (Plumbing, Automobiles, Phone)

Q. What is the most simple business to start?

Ans. It's the service business, particularly for someone who is just starting. A service sector is some form of organisation that provides services.

Q. What are the 4 types of business?

Ans. There are 4 main types of business organisation:

  • Sole Proprietorship
  • Partnership
  • Corporation
  • Limited Liability Company, or LLC.

Q. What are the most successful small businesses?

Ans- This is a list of the 10 most profitable small businesses:

  1. Offices of Real Estate Agents and Brokers
  2. Legal Services
  3. Real Estate Leasing
  4. Dental Practices
  5. Outpatient Clinics
  6. Financial Planning & Advising
  7. Bookkeeping
  8. Accounting
  9. Tax Preparation
  10. Storage & Warehousing

Q. What is the best business to start in 2021?

Ans- These are the top 15 best small business ideas for 2021:

  • Dropshipping
  • Translation
  • Home-based Catering
  • Cloud Kitchen
  • Virtual Assistant
  • Online Tutoring
  • Content Writing
  • Career Coaching
  • WordPress Support
  • Takeaway meals/ Tiffin service
  • Email Marketing
  • SEO (Search Engine Optimisation)
  • Website Testing
  • Stock Photography
  • Digital Event Planner

Q. What is small scale business in India?

Ans- Small scale businesses in India need low investment capital and are labour intensive. Small scale industries examples can either be service providers or manufacturing industries. Small scale industries in India include small enterprises that produce goods or render services with the aides of smaller instruments and a few mechanics and workers.

Q. What business is good after lockdown?

Ans- Since the dawn of the COVID-19 Pandemic, the Doorstep Delivery Business has grown drastically on a global level. You can begin with various types of doorstep deliveries like-

  1. Groceries
  2. Medications
  3. Food Delivery
  4. Alcohol Delivery
  5. Essential Items Delivery
We hope you liked our article. To know more details about business ideas in India, you can visit these linked articles as well:
Business Ideas in Goa Business Ideas in Assam Business Ideas for Rural Areas
Business Ideas in Rajasthan Business Ideas for Student Best Business in India