Start These Businesses with Small Investment

If you are an aspiring entrepreneur and looking for new business ideas, then here is a list of the best business ideas in India to start a small business
  • BY Jaspreet Kaur

    Feature Writer, BusinessEx

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  • Jan 21,2021
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  • 11 Mins Read

Unlike a decade ago, starting a business is much easier now. In the present time, people are well informed and skilled in various areas. Further, business opportunities have increased tremendously as compared to the early 2000s. A series of new arenas have emerged such as Big Data, business analytics, cloud kitchen and so on. Owing to which, a lot more business opportunities have surfaced thereby, rendering more business ideas to aspiring entrepreneurs.

Traditional business opportunities are not much embraced by young entrepreneurs. They look for new types of businesses in India. If you are an aspiring entrepreneur and looking for new business ideas, then here is a list of the best business ideas in India to start a small business.

Coaching Centre 

In the Internet era, things have dramatically changed, especially in the education industry. Keeping with the latest trends in the global education industry, it is crucial for students to cope with education and academic studies. To facilitate students, you can offer online classes or regular classes and help hone their skills. 

By opening a coaching centre or online classes, you can help students improve their grades. Besides this, you can aid them in preparing for various entrance tests. In the beginning, you have to focus on quality education and less on revenue. Once your coaching centre expedites and gains prominence, you can gradually increase fees and increase revenues. In addition, employing staff, as well as expanding business, should be a long term plan for you. 

Photo Studio 

With the passing time, photography has emerged as a new business opportunity. It is one of the successful businesses in the country. Photography is not only required for ceremonies, photoshoots but also in various other regions. 

Besides working for clientele, you can start creating videos and photographs and sell them on the Internet. This will give recognition as well as revenue. At present, there are a lot of platforms that look for photographers and are ready to pay a good amount for high quality images. Rather than starting your own photo studio, you can plan to buy one. There are various photography businesses available for sale. 

Translation Business 

Intercountry trade has increased over the years. This has resulted in strong relations between various nations, enabling growth in the market and business investments. However, the only thing that creates a gap is different languages. To fill this gap, translators or interpreters are required to help other businesses. 

If you are bilingual or multilingual, then you can use this knowledge and help other businesses in need. In the beginning, you have to understand the market once you penetrate with your venture and charge customers a bit low as compared to industry standards. This will help attract more customers. 

These options are some of the best businesses in India. Instead of starting your company, you can buy a running business as there are various profitable businesses available for sale. Besides the above-mentioned business ideas, there are several other business opportunities available in the market. If you know any, share with us in the comment section below. 

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