If you are enterprising and have the will to work hard and succeed, you can start a business with as low as Rs 5,000 and work your way towards being profitable. Here are some business ideas to get you started.
While thrift stores are a rage in the West, especially in the US and Europe, it’s gaining ground in India too with several startups experimenting with the circular economy. With more data coming in about the effect of fast fashion, several conscious consumers are also turning to thrift stores for their new wardrobe. Starting a thrift store will require you to begin collecting clothes from your own wardrobe and those of people you might know. With a little dry cleaning, you are all set to begin putting up the clothes for sale. You can start a thrift page by taking pictures of products you wish to sell, and then upload them on Facebook or Instagram. Having a wide circle of friends and acquaintances will certainly help spread the word.
Eco-friendly newspaper bags With several state governments banning single-use plastic, stores are turning to more Eco Friendly options like cloth and paper bags. With an increase in demand for such alternatives, one can start a small scale venture producing sturdy newspaper bags and selling them to stores or directly to customers. Start from your friendly neighbourhood shop and neighbours in your gated communities. That’s where you can find your first customers.
3.Art, Music and Dance Classes
If you are a creative soul with skills in art, music or dance, you can start tutoring children and adults in these art forms. Becoming a private tutor wouldn’t require a lot of investment and the returns are more than the cost you put in. One can also take up collective classes for several people, do two or more batches a day and thus miximem profits.
4.Freelance copywriter and editor
The services industry is always teeming with opportunities. If you have good creative writing skills, you can open a freelancing start up. With a steady internet connection, a computer and your skills, you can help companies, marketers, media, advertising houses and others with writing and editing creative content. You can do it on your own time and earn money depending on your effort and expertise.
Home organizing Setting up this business requires organizing skills and some creativity. Home organizers are becoming part of a trendy business setup with many people wanting such services before big events. With spring cleaning before festivals and big events, you can always find someone who needs home organizing. You can start with small projects and with revenue coming in, you can expand the team and take up bigger projects.