Today we come across a lot more young & dynamic individuals who aspire to start a small business. Generally, they look for high profit business ideas with low investment. Here in this article, we have shortlisted the top high-profit businesses one can start with low money.
These high-profit businesses can be initiated with low money with adequate knowledge about the specific subject. Have a look at our recommended list of highly profitable businesses below:
List of 20 High-Profit Business Ideas
People having certain hobbies can make money by creating a blog and posting articles based on the subject. By investing Rupees 1000 onwards you can start a blog business. Creating a blog is extremely simple and it does not require any coding skills (HTML). In fact, the whole process is somewhat automatic. Irrespective of your age you can start a blog.
Babysitting is a high-profit business that can be started with a nominal investment. Additionally, the business is perfect for both men and women entrepreneurs who have extra time and space at home. In addition to that, the business is perfect for baby or child lovers.
#3. Candle Making
Candle-making is one of the most low-cost high-profit business ideas you can start at home. Basically, people purchase candles not only for religious purposes but also to scent and decorate their homes and business places.
In addition, the popularity and consumer demand for scented and decorative candles create a tremendous business opportunity for innovative startup entrepreneurs.
#4. CCTV Camera Selling & Installation
The CCTV camera industry has emerged as a high-profit business at present. Basically, it is due to the wake of rising demands from sectors like the hospitality industry, services, healthcare, retail, manufacturing, and transportation.
In starting the CCTV Camera business entrepreneurs should have adequate knowledge about the current technology of different cameras and systems.
#5. Corn Roasting
Corn roasting is one of the most profitable and lucrative low-cost business ideas. And any individual can start this business on a full-time or part-time basis.
However, the business demands proper planning, the right equipment, and good promotion. Roasted corn is ready-to-eat food. Additionally, you can offer various creative foods to your consumers. It is a popular snack item throughout the world.
#6. Custom Mobile Cover Printing Business
Custom mobile cover printing is a profitable business. Additionally, any individual can start this business from home.
The business is all about printing images on smartphone covers as per your client’s specifications. And you can operate the business entirely online from an eCommerce store.
#7. Digital Marketing Agency
This is one of the most trending opportunities in the advertising industry. However, the business demands a strong knowledge of digital advertising. Definitely, the business demands moderate capital investment. However, the ROI is very inspiring in this venture.
This is a newly emerging concept in the travel and tourism industry. Ecotourism includes some alternative forms of transportation that have lower carbon emissions, travel to an agricultural destination, etc.
Any individual passionate about travel and having knowledge about eco-tourism destinations can initiate this business.
#9. Greeting Card Making
If you are a creative person, this business is just perfect for you. Basically, a greeting card is an illustrated piece of card or high-quality paper featuring an expression of friendship or other sentiments.
Greeting cards are a billion-dollar industry now. Actually, people need it for plenty of reasons like birthdays, anniversaries and as well as for business reasons.
#10. Homemade Cookie Business
Most people prefer cookies. And it is always better if anyone can purchase delicious and good quality cookies from home.
If you are a passionate cookie maker and want to start a cookie business with little money, this business is just perfect for you.
#11. Image Consulting
An individual having true passion and interest in helping others can initiate this business. Additionally, you can start an image consulting part-time from your home location.
Image consulting is definitely a self-rewarding and exciting career to start with. You will need to have an inner sense of style, fashion, and knowledge about the current trend. Your client may be an individual or a corporation.
#12. Mobile DJ
A person who loves music and has an outstanding personality full of energy can ideally and successfully own a mobile DJ business. If you enjoy spinning tunes, making people happy, and want to earn a steady stream of supplemental income, the mobile DJ business is perfect for you.
#13. Pest Control Business
Basically, the business is easy to start. In addition to this, you can start the operation with a small startup capital investment. Even, you can start the operation from home. However, a commercial operation ensures better profitability.
#14. Recruitment Agency Business
The Recruitment Agency business is an evergreen high-profit business. Services like permanent staffing, temporary staffing, and RPO can be delivered by a recruitment firm. Most organizations need to hire employees. They may choose to hire new employees on their own or use the services of a recruitment company.
When an organization engages the services of a recruiting company, it finds, qualifies, and presents candidates for one or several job openings in the organization.
#15. Resume Writing Service
Any individual can start a home-based resume writing or CV writing business on a part-time basis. As the business is purely knowledge-based, the start-up capital requirement is very less.
You can also offer other allied services like writing a cover letter, career counseling, and an interview guide. This is a self-rewarding business you are helping people to find better themselves and their lives.
#16. Online Photo Selling Business
Online photo selling business opportunity is perfect for professional photographers and also for those who love photography and want to turn their hobby into a profitable business venture. There is always a huge demand for good quality, unique photographs, and many online agencies are ready to pay for them.
#17. Online YouTube Business
YouTube business is sharing and uploading videos on the youtube website, and getting money out of it. People can view and share videos of their choice on youtube. Founded in 2005 by three pay pal employees YouTube now has more than billions of videos to be viewed. This is a very good option for people having passion in some field or the other.
If you can create some unique and excellent videos, you can make those videos viral on youtube. One can make huge earnings from those video uploading.
#18. Soap Making
You can set up and run a soap-making business from home. Additionally, it will not require much start-up capital investment to get rolling. It all needs a creative mind and a true passion for crafts.
#19. Tour Guide
If you live nearby a tourist place, you can start this business. This is one of the best low-cost business ideas you can start today. However, the business demands adequate knowledge of historical information and local culture about the location where you are starting the business.
The tour guide business is all about sharing information about places with a group of people in an entertaining way.
#20. Virtual Assistant Business
The virtual assistant business is one of the fastest-growing industries worldwide. Basically, it attracts numerous around the globe entrepreneurs who want to be part of it. Many ultra-busy professionals appreciate having someone who can check and answer their emails, organize to-do lists for them, update calendars, and so on, with minimal interaction.
The best part is that you can provide this service from home with a high-speed internet connection. This is one of the most profitable low-cost business ideas you can start with small capital.
About the Author: 99businessideas.com led by Rupak Chakrabarty is committed to helping beginners, entrepreneurs, and small business owners in starting, managing, and growing their business. Our aim is to educate the entrepreneur on the various stages of entrepreneurship.