Do you want to start a manufacturing business from your home with small capital? Here in this post, we have compiled a selected list of most profitable home-based manufacturing business ideas for your ready reference.
Generally, the manufacturing business demands substantial capital investment. Because the business requires a considerable amount of money for establishing the unit, purchasing machinery, and raw material. However, there are opportunities where you can start a manufacturing business with less equipment and allows you to establish the unit at your home, provided you have a small space.
A home-based manufacturing operation also enables you to take minimum risk. And then you can slowly scale up to a full-scale manufacturing business in the future.
List of 21 Best Home Manufacturing Business Ideas
Find below a list of selected home-based manufacturing business opportunities with small investment:
#1. Agarbatti/ Incense Stick Making
Agarbatti or incense is not only an essential item for religious occasions. People also burn incense for aromatherapy, meditation, and yoga. You can start this business at home with a single machine.
#2. Candle Making
Decorative and scented candles are very popular worldwide. These are also very popular as gift items. You can start this business with some simple tools and equipment.
The investment to start a homemade candle-making business is much less. You can start this business from home with low investment.
#3. Cotton Buds Making
Cotton buds are essential personal care products. The manufacturing process is simple. In addition, it attracts low-cost raw materials.
The cotton buds manufacturing business can be started with an investment of around Rs. 10,000.
#4. Crochet Knitting
Home-based crochet knitting is a profitable business. However, you must concentrate on creating designer items like bags, dresses, and home decor items.
Crochet Knitting home manufacturing business can be started with an investment of Rs. 5000 onwards.
#5. Cup Cake Making
Cupcakes come in a variety of colors and flavors. People always look for quality and decorated cupcakes for gift purposes. You can start this manufacturing business from home with less capital.
#6. Dried Flower Making
Dried flower is a home decor item. And it is popular as a gift item also. Revenue wise it is a lucrative business to start from home.
#7. Drinking Straw Making
Drinking straws are very essential items in the restaurant and beverage industry. However, they come in different colors and patterns. You can produce these straws with a single machine.
#8. Glass Etching
Glass etching is an artistic and profit-making business. An entrepreneur who has a creative mind and passionate about glass etching can start this business with a small capital investment.
#9. Greeting Card Making
This is a lucrative self-rewarding business to start. In addition, the business demands a very small capital investment. However, you must have some knowledge of design.
#10. Jewelry Making
Jewelry making is a very attractive home-based manufacturing business. And you have numerous options to start. However, some of the most popular items are beads, pearls, seashell, stone, and Dokra jewelry.
#11. Leather Bag Making
The leather bag is a daily use item. However, the most popular items are the wallet and bags for ladies. In addition, office bags, laptop bags, and planners are popular corporate gifts.
#12. Mango Fruit Bar Making
The Mango fruit bar is a delicious food item. The main benefit of this product is you can store it for a long period of time. You can start manufacturing at home.
#13. Paper Plate Making
Disposable paper plates have many advantages over conventional crockery/steel utensils. These products have a good urban as well as rural market potential.
#14. Rubber Band Making
An entrepreneur can initiate a rubber band manufacturing project at the home location with moderate capital investment. Rubber Band is a very useful thing in our everyday life and it seems that its demand will remain unchanged in the future also.
#15. Salted Snacks Making
Dal moth, Chanachur & Bhujia are the important names of salted snacks. These are very tasty and flavoring food items. You can start manufacturing at home. And try to tap the local market first.
#16. Slipper Making
Today people from both the urban and rural areas are using slippers. However, tastes and requirements vary for every cross-section of society. With some simple machines and tools, you can start manufacturing from home.
#17. Soap Making
Soap-making business enterprise actually evolves from an individual’s craft hobby. And you do not need to procure much machinery for this.
#18. Uniform Making
Uniforms are essential items for schools and different types of educational institutions. In addition, there are Govt. and non-govt. companies who use their specific uniform. With a sewing machine and other small equipment, you can start this business.
#19. Vermicompost Production
Vermicompost is a rich nutrient organic fertilizer. However, another popular name is compost fertilizer. If you have space, you can start this business from your backyard.
#20. Vinegar Making
Vinegar is a liquid consisting mainly of acetic acid (CH3COOH) and water. In addition, it has a great variety of industrial, medical, and domestic uses.
#21. Toy Manufacturing
The demand for toys is an evergreen manufacturing business across the world. If you are the one who enjoys making toys at home can think of starting a home-based toy manufacturing business. The investment in manufacturing toys is low and you can earn high profits selling toys.
Finally, before you start a small manufacturing business from home, you need to consider certain aspects. Find below some of the basic factors to look into:
How to Start A Home-Based Manufacturing Business?
First of all, choose the right product. Identify the local market demand and select the product accordingly.
Identify a space for the manufacturing operation. Remember you have to provide space for raw material storage also.
Also, identify a small space for your official work like invoicing, etc.
Procure the right machine. You must select the machine according to your desired output quantity. Furthermore, decide whether you will procure an automatic or manual machine.
Finally, check what is the licensing procedure available for this type of manufacturing in your state and country.
Home-based manufacturing is also a lucrative opportunity for women. However, you must identify the market demand. Pay attention to the packaging. We hope this list of profitable home-based manufacturing businesses will help you in making an informed decision.
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.