Starting a business is a gigantic task. But a lot of us would want to do something of our own. And what better way to start, than setting up one’s own business? If initial capital is not an issue, the sky’s the limit for a business idea’s execution. But most, may like to start small. And so, here’s presenting, a few business ideas, that are in trend, can be pursued as a side-hustle and can be started within a budget, under INR 25,000/-
1. Tiffin Services
Not just limited to the female workforce, this is now being pursued by more and more men. Especially, with the pandemic teaching us the importance of eating a clean and healthy meal, a tiffin service business, is a good way to earn the extra income. With the increase in students and working professionals’ who are away from home, this is quite a feasible idea, especially for the one who is even a tiny bit interested in cooking. The operating costs and one-time investments are less as compared to the profits, especially when over a time, the business is established.
2. Disposable cutlery
With pollution on the rise, and an increased awareness regarding the same, more people are making eco-conscious decisions these days. Resorting to using disposable and environmentally safe cutlery, like bamboo and even edible cutlery (though edible cutlery requires a lot of investment) has helped businesses, especially quick service restaurants and takeaway stalls, minimize on their costs. One can earn a substantial income from this business, and it doesn’t even require more capital.
3. Home Bakery
There are countless examples of people who have started at-home baking businesses. And this is something a person with an interest in baking can easily do. With investments less than 25,000/- for a few gadgets and raw materials, a home-based bakery is a viable option explored by many in becoming self-reliant and establishing an entrepreneurial image.
4. Organic farming
As mentioned earlier, the pandemic has forced us to look at life in a more meaningful way, by adopting healthier lifestyles. And the demand for organic produce, be it fruits or vegetables, has gone up, especially among the millennials. So, a business that revolves around organic farming has a lot of scope, and is such, that involves lesser investments too. Be it selling produce online, or even setting up a terrace garden, helps earn good returns.
5. Tutoring
If you are an expert in any particular subject, or even a student who would love to share any information or knowledge on any subject, tutoring will help. With minimum investments and availability of a number of tech platforms like Zoom and Google Meet, teaching has gotten easier and has expanded beyond boundaries.
6. Custom printed products
The demand for customized gifts has increased in recent years. This business though sounds fancy, doesn’t really need a lot of investment. Creativity and the ability to grasp customers needs and wants is all one needs, apart from a good machine, and that is the only major cost. This business is appreciated especially amongst the youth. The profits that can be earned are high and one just needs to keep inventing innovative ideas.
Apart from all of these, one cans sell almost anything, from homemade papads, pickles, spice to even artificial jewellery or even rent their stuff, online, these days. This does not require a lot of capital and can be easily done with internet access.