Small Scale Business Ideas That Make High Profit

Introduction

One of the best things that the pandemic has brought forth is the increase in small scale businesses. There have been many innovative and out-of-the-box small scale business ideas that people have come up with. The pandemic has allowed people to think creatively and learn how to make a profit out of it as well. There are many small-scale business ideas without investment that have gone on to make huge profits. Online stores and cheap shipping have made it even easier for these businesses to be found. They range in their variety from thrift stores selling sustainable and fashionable ideas to even consultancy services. All of these small profitable business ideas can be started in the comfort of your own home as well.

With more and more people choosing to work from home instead of the pandemic, they have become aware of the multiple pros coming with it. What if work hours could be flexible all year round? If you could simply work from the comfort of your home work-stations? What if you opened your own business and did not have to cater to somebody else’s ideas?  Small business ideas in India have been springing up during the pandemic. Multiple newspapers have also covered how people have found a way to make the most out of the pandemic situation.

What small businesses are in demand?

Are you looking for small scale business ideas without investment? Something you can start with little cash and supplies? We’ve come up with a list of small-scale profitable business ideas. Without further ado, let’s dive right into it!

  • Handmade Products
  • Social Media Agency
  • Online Bakery
  • Dropshipping
  • Travel Agency

Small Scale Business Ideas That Make High Profit
September 1, 2021
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Table of Contents

Hand-made Products

Undoubtedly one of the most popular small-scale business ideas that have sprung up. If you are creatively inclined and looking to earn money for it, this is the way to go! Handcrafted businesses are all about adding a bit of personal touch to their products. You can make a variety of different things like candles, pottery, earrings, greeting cards and so on.

This is all about creativity and adding a bit of your own magic to it. You can start by working on a pre-ordered basis, so you don’t have to invest a lot in the raw material. Moreover, uploading aesthetically pleasing images of your finished items can be a great way to grow your brand. Besides, you can add small hand-made freebies and little thank-you notes for your customers as well. Everyone likes something that is personalized and made exclusively just for them. Consequently, this is one of the main reasons why handmade products are one of the most popular small-scale business ideas in India.

Therefore, it pays to learn how to make your items unique. Once you stand out from the lot, you will be able to grow your brand and perhaps turn into something bigger as well.

Online Fashion Stores

Are you highly interested in clothing and appearances? Now might be a great time to utilize that drive towards vanity and turn it into profit. This is one of the small profitable business ideas that can come with little to no investment. People have never been more focused on their appearances than now and this might be a great way to make money.

Before you start with a clothing store, do your research and look at what you would want to offer? What makes your business unique? Thrift stores are one of the best small scale business ideas without investment. You will not even have to buy the clothes you sell, as these can be procured from people in your circles as well. Moreover, thrift stores are increasing in popularity because of their sustainability. Therefore, not only is thrifting good for the pocket but it is good for the environment as well.

This is one of the up and coming small scale business ideas in India. Consequently, people have become more environmentally conscious and would prefer to buy earth-friendly items. Hence, do your research and start planning how you want to open your online clothing store!

Social Media Agency

Are you someone who has a great knack for creating a pleasing social media presence? Is your own Instagram game on point? Now might be a good time to offer your services as a social media management agency. Moreover, this is one of the easiest small-scale business ideas without investment. All that you will require is your laptop, some editing skills, and a good internet connection. You can also start a team with like-minded peers who are good at the same and can help you grow your business.

Working as a team will enable you to reach deadlines more efficiently and work for multiple brands. It can be a very creatively fulfilling task to curate a feed and tweak it according to your ideas. Besides, this is one of the best small-scale business ideas and does not have to be entirely full-time as well.

This is a digital world and a good brand image is important to be able to survive in a cut-throat competition. One of the most thriving small-scale business ideas in India, you can grow and increase your team and become full-fledged professionals as well.

Online Bakery

One of the sectors hardest hit by the pandemic was the food businesses. Consequently, people have become very wary about eating outside for fear of contracting the coronavirus. However, gradually businesses are opening and starting to rise again. This has now become a great time to start an online bakery. This is one of the most brilliant and fool-proof small scale business ideas for anyone with good baking skills. All you need is your kitchen and some minimal ingredients. Hence, this categorizes as one of the small scale business ideas without investment simply because of how little it requires.

Moreover, word-of-the-mouth can play an important role in businesses of these kinds. If your cakes are delicious and creative, your customers are bound to order more and spread your name around. Furthermore, people trust homemade items more and consider them to be safer than the food made in large kitchens of chain restaurants. Great bakeries are blooming around the country as it is one of the most convenient small scale business ideas in India.

Dropshipping

What is dropshipping and what categorizes it as one of the best small scale business ideas? Dropshipping is a way of fulfilling orders wherein a business does not have to keep its products in stock. This will be done for you by a third party who acts as the supplier to your customer. You will not have to worry about spending money on inventory and storage and can thus open a business with a limited amount of capital. One of the best small scale ideas without investment, you can opt for dropshipping as well.

The only thing you will be required to focus on is your marketing capabilities. This is one of the small profitable business ideas that saves you a lot of hassle and man-power. You can also choose to work with more than one supplier and thus ensure that your customer base is even larger. Therefore, if you are looking for a way to cut expenses and simply focus on sharpening your brand image, dropshipping will be ideal for you.

Travel Agency

Are you someone who has a bit of wanderlust in them? Do you like learning about different cultures, traditions, and ideas? You can pursue your passion and use your knowledge to become a travel agent. This is another one of the great small scale business that comes with little investment. All you will require is an office, some good internet connection, and a passion for places. This might be of the small profitable business ideas that end up working well for you.

The best way to start earning good profits is to tie yourself up to a hosting company. This can help bring in more customers for you and bring in better commissions for you. They will also take care of the other back-end functions that you might not be equipped to deal with. Therefore, travel agencies definitely come under one of the best small scale business ideas. While traveling has faced a setback following the pandemic, things are now starting to look up. With governments dispatching vaccines and such, things are beginning to go back to normal. Therefore, if this idea appeals to you, you should definitely look for ways to open a travel agency.

To know more about small businesses.

Looking for other work-from-home opportunities?

If opening and running a business is not your cup of tea, there are other work-from-home opportunities for you as well. Working from home comes with multiple benefits. There are flexible work-hours, distraction-free work-stations, and a lot of time is saved on the commute as well.  If you are looking for other work-from-home ideas then we’ve got you covered. Following is a section on how you can work-from-home with Chegg and earn a good amount. Small business ideas in India are thriving but so are other employment opportunities.

Become a Subject Matter Expert

Chegg is an online-based learning platform. They hire subject matter experts who answer student questions online. You can become a subject matter expert on any subject you want. They have subjects ranging from engineering, accounting, mathematics, economics to earth science, probability, statistics, and many more and more. 

Thousands of people have benefited from Chegg’s by becoming a subject matter expert and earn every month. 

Besides, working with Chegg has benefitted many people and you can benefit too. Come, join us!

Final Thoughts

One of the main reasons that people don’t open businesses is the fear of risks. What they do not understand is that once you create a good brand name, the same business can bring in a lot of profits. We hope that these small profitable business ideas have given you some insight. Starting small might be the best way to go and the ideas in this article have been tried and tested by many people. Small scale businesses are a great way to keep the country’s economy moving as well. People have grown to understand the importance of supporting local small businesses. The pandemic has brought forth a great window of opportunities for low investment business ideas with high profit. All you need is a bit of creativity and good marketing strategies. All the very best to you and your business endeavors!

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