Do you want to know about business ideas for beginners?
If you wish to start a business as a beginner, then are many things you need to consider. The first thing is that you need to determine your objective. Apart from this, analyzing the success of your business including the expected and actual profit is also important. Along with this, analysis of Return On Investment(ROI) is very crucial as not a single business can last without an adequate profit.
Once you consider these things, you can search for the business idea that best suits your desires as a businessman. However, being a beginner means, you will have to tackle a lot of challenges than an experienced entrepreneur. You would want to tackle these challenges efficiently so that you can have the taste of success in the first try. This is why, it is important to go with the business that you can handle properly and easily earn profit from it. Below are the top ten business ideas for Beginners in India:
Top 10 Business Ideas For Beginners in India:
- Making pickle
Investment: Rs. 10,000 – 30,000
ROI: 8-16 months
In India, every major meal looks incomplete without some pickle. The presence of pickle adds additional taste to the food and all Indians love it. If you excel in making various pickle recipes, then you can give selling home-made pickles a try. You can open your own pickle shop, use a cart or even sell your pickles to shops and supermarkets.
You do not require many sophisticated types of machinery for this and the initial investment is also quite low. Everything can be achieved from the kitchen at your home – though it is good if you can work with some modern kitchen equipment. Make a menu of pickle dishes which complements the taste of people from various regions and cultural backgrounds in India. You can even add your own flavor to it.
- Small delivery and courier
Investment: Rs.1 lakhs to 10 lakh
ROI: 6-8 months
As a beginner business, you can also start up a small delivery and courier service. Almost every sector needs to transport and transfer their products in a frequent basis. It might be a new furniture, foodstuffs for the shop, delivering the meal to the office or transferring any other things. You can try your luck in this field and take some advantages from the growing market.
For delivery and courier service businesses, you will need to hire some employees and have some kind of transport depending on what you specialize – among other things. Do remember to appreciate your customers’ needs and respect their privacy.
Investment: Rs.2 lakhs to 10 lakhs (Could be higher if you are planning to run a big business)
ROI: 10 – 18 months (Could be higher depending on the business)
Another good business idea for beginners can be farming. However, there are certain things that you need to check first before going into farming. First, you need to have enough cultivable land to grow your vegetables, fruits, poultry, medicinal herbs or others. If you don’t then you need to be financially secure to buy some. Then, you need to buy some farming equipment, hire workers (if you are planning on an extensive farming) and have an access to the market where you can sell your products. You also require to have good agricultural knowledge and if you don’t then you can hire someone who does. This way, you can handle the business side by yourself. And lastly, you need to have the passion for farming. If you comprise each of these things in the beginning then farming can be a good business choice for you as a beginner.
Organic products, especially, are in a huge demand right now. Even the government has provided some great provisions for those who take this line of business. So, think about that.
- Vehicle workshop
Investment: Rs.5 – 10 lakh
ROI: 6 -11 months
For those people who are living in a populated area, starting this business could prove to be very profitable. There are a lot of people in various regions of India who own at least a vehicle for transport purposes like jeep, cars, scooter, bike and others. Now, these vehicles at some point will have some problem and will need to be washed. This is where vehicle workshops come. Due to the increasing number of vehicles on the road, the demand for vehicle workshop is also rising. You can also open a specialized workshop that deals with specific vehicle types.
- Music Classes
Investment: Rs.4 – 6 lakh
ROI: 8 – 18 months
If you are really passionate about music and have a good deal of knowledge about it then you can use your skills as a musician to give music classes to others. You can give one on one classes as well as in mass – it really does not matter. However, if you are thinking of earning the greater profit then it is best that you open a music school where different musical and instrumental lessons are given to others in mass. You will need to buy some musical instruments and hire some tutors like yourself. This basically means that there will be a high investment in the beginning. But if your classes are great then you will earn the profit in no time.
Investment and ROI: Depend on what you are doing
Some people are fond of taking photos. You can take your lust for photography and your skills and turn it into a career. Photography is important in different fields. Whether it is marriage ceremony, parties or festivals, people are constantly looking for hiring photographers to record their events. All you require is a good camera and certain other equipment that goes with it, but if you are a skilled photographer, then you will already have these things with you. Apart from this, you can be a travel or adventure photographer and sell your photos to magazines, newspapers, blogs and others. You can even organize photo-exhibitions and earn tons of money by selling your photos.
You can also start up a photo shop. People frequently need to take photos for various reasons like for citizenship cards, opening bank accounts, license, and others.
- Used book sales
Investment: Rs. 40,000 – 80,000
ROI: 4 – 8 months
What do you do with your old books? Do you just keep it in a box and lock it there for forever or do you give it someone else? These second-hand books can be very useful to others. Opening a second-hand book store will provide an opportunity to sell these books and earn money. You can even sell the books directly to schools or via online or to other book stores. For your shops, you can buy used books from others and then sell it to students and others in a higher price. Second-hand book stores are favorite amongst the students. Mostly because they get an opportunity to gain a great deal of knowledge at almost half of the market price.
- Computer training
Investment: Rs.2 – 4 lakhs
ROI: 7 – 10 months
It is now very difficult to even imagine our lives without computers in this modern era. However, there are many people who do not have any idea or knowledge about how to use computers. You can take the advantage of this situation by opening computer training classes and earn money while helping others.
You can advertise and find people who are in need of computer training. Then, you can teach them from basic to advance to diploma level course in computers. It will be helpful for you as well as to your customers.
- Wooden craftsman
Investment: Rs. 50,000 – 1 lakh
ROI: 4 – 8 months
If you are interested and skilled in wooden work, then a golden opportunity awaits you. Put your skills in work by becoming a professional wooden craftsmen and begin your business in this field. There is a good demand of furniture from dressing tables and beds to drawers and dining tables and people pay a lot of money on alluring designs. You may also hire some carpenters for some assistance if you want.
Wooden work has become an important business idea for beginners today, in the sense that it is required almost everywhere. Can you find any place where wooden work is not required? The answer is a big no. Doors and windows can be cited for illustration which is required in any kind of buildings from home to offices, banks to schools – almost everywhere. Take a look at your neighborhood and you will notice that wooden furniture’s are everywhere.
10. Interior decorator
Investment: Rs. 5,000 – 10,000
ROI: 3 – 9months
Another good business idea for beginners is interior decoration. Rooms of offices and homes and other places require to be properly set, but there a lot of things that needs to place and one unstylish or mismatching furniture can ruin the entire setup. However, a good interior decorator or designer can fix everything.
Interior decoration helps for the systematic way of physical and aesthetic arrangement of various tools, furniture, and other materials in your place. An attractive physical layout can help a lot for the smooth and efficient function of your day to day work. This is why, most people hire professional interior designers to decorate their rooms.
These are the top 10 simple business ideas for beginners. There are so many things that determine the selection of your business. No matter what business idea you choose, you need to put your heart and soul into it and only then you will be able to reach greater heights.