Many people in India today want to leave their jobs and start their own business, but there are 3 questions in front of them that they themselves do not know:
- What are the new business ideas in the market?
- How much will the business cost?
- How to make your business successful
If you are facing a similar problem, then trust me, this post is for you only. Because in this post, I am going to give you a list of the most successful business ideas that are high-running businesses in the market and that you can start with a low investment.
Top Business Ideas in 2023
These business ideas may seem too big and out of reach for you, but remember that every big thing starts with a small thing. A great example of this is Dhirubhai Ambani, who started his entrepreneurship by selling Bhajiyas at the village fair, and then he achieved many big milestones.
The good thing is that whatever business information I am going to give you below can be done by any person of any age, at any place, and at a low cost. It does not matter whether you are a student, a housewife, or a person living in the village.
- Blogging Margin: 60% to 70%
- Earning Period: 3 to 6 Months
Start your blog-Top Business Ideas in 2023
If you have good knowledge in any field and you think that people need it, then you can start your blog on that topic. You can create your website in just 2 to 5 thousand words, and you can easily start earning 8 Lakh in a short time.
And we also started this website like this, and today it is really a good source of income.
We being bloggers, let us tell you how it works. We have seen many such websites that started only a year ago, and their earnings have reached the lakhs. Yes, for this, you have to do something better using your creative mind. Along with this, you can also do part-time work by giving it some time.
The best thing about this blogging business is that the capital required is very low as compared to any other business. You can get information on a very good topic by searching on Google, or you can also select a niche as per your choice.
It would be better to start a blog on the same topic, where traffic can be easily earned. For this, you have to learn keyword research, niche selection, and how to run a blog.
- Margin: 20% to 30%
- Start Earning: With the sale of your first product.
- Break-Even Point: 3 to 6 Months Only
The grocery store has always been thought to be a good business venture.The best thing is that you do not need any special talent for this. All you have to do is realise that setting up shop in an area where there are fewer grocery shops is a good option because, due to the lack of competition in that area, the chances of your business being successful increase a lot.
Here I have talked about the minimum capital of 50,000, which can be more or less according to your area and shop size. If you want, you can also start it with a 50-50 partnership.
Along with this, if you do things like make home deliveries to nearby houses and sell goods for 2 or 5 rupees less than other shops, then it will be very good for your shop.
Mobile Shop Business
Nowadays, the use of smart phones is increasing very quickly, which shows the market for mobile phones. Every year, more than 20 crore mobile phones are purchased in this manner.In such a situation, opening a mobile shop can be a profitable deal.
For this, you need a little more capital. But you can also start your own with a small shop. It would be better that you start with some good smartphones like Redmi and Realme, because their performance is good and they are available for a lower budget.
If you are facing problems in this regard, then one thing you can do is work for 2 to 3 months at a mobile shop where there are more sales. This will give you an idea of how it works.
India is a country of festivals, where people organise events for weddings, birthdays, and other occasions.
The biggest problem with these festivals is that most people have to do all the work of the event themselves.
Due to this, you are not able to handle the arrangement, and this problem of theirs can become an opportunity for you.
You can start an event management business for this.
In this, you will handle the arrangement of the event. After that, you can charge fees by adding your profit percentage to the total amount spent..
Now you will feel that workers will be needed in this, and they will have to pay fees—so how will all this happen?
Solution: There are many event managers who hire workers only at the time of the event, due to which their fees also come down.
This is one of the fastest-growing businesses that you can work in.
Also Read : Detailed Information About Event Management
Social Media Service
The Internet is mostly used for social media, and let us tell you that today social media has the most influence and is bringing changes to people’s lives.
Nowadays, people have started using social media more for marketing their businesses, such as YouTube, Facebook, Instagram, Twitter, etc.
In such a situation, you can earn a lot of money by engaging people on social media sites to increase your business.
To do this business, you should have knowledge of computers as well as social media.
With this business, you can handle the social media sites of many companies and create your own social media company.
Also Read : Learn About Digital Marketing & Social Media Marketing Service
“First Happiness Healthy Body”
Let us tell you that being healthy and fit in life is a big achievement for you – which you can also make your business.
You can join Clubs like this –
- Yoga Classes
- Karate Classes
- Fitness Club
You can open your business. For this you need to have 2 things –
- First good experience in any Fitness Filed.
- A place where you can do 40 to 50 fitness activities.
To become an expert in this field, you can also do a good course and take a place or club on rent.
After which you can start your business even with very few instruments and can generate a good monthly income.
GST Suvidha Kendra
If you have knowledge of accounting and GST, then you can start a new business by opening a GST Suvidha Kendra (GSK). You can take it as a franchise business, and in this business, you can earn from 20,000 to lakhs of rupees per month. As your clients increase, your profit will increase, and your network will also become stronger.
All types of services related to GST are provided under the GST Suvidha Kendra. To start a GST Suvidha Kendra franchise, you can contact many GSP-licenced companies authorised by the Goods and Service Tax Network (GSTN). Only those companies that have a GSP licence can franchise the GST Suvidha Kendra.
If you talk about eligibility, then you should have a degree of graduation and have at least 100 to 150 square feet of space.
Mutual Fund Distributor
Mutual fund investment has become a very good option in India. In such a situation, you can start your business as a Mutual Fund Distributor or Agent. If you are unfamiliar with the terms mutual fund distributor or mutual fund agent, let us explain. A mutual fund distributor is a type of broker who sells mutual funds to his customers.
The mutual fund agent has to earn money from the commissions he earns. The company whose mutual funds you sell gives you a commission at a fixed rate on the value of the investment you make.
For example, if you invest one crore in HDFC, you will receive one lakh rupees in interest every year.The commission rate may be different for all companies.
If you want to become a mutual fund distributor, you must be at least 18 years old and in the 12th grade. Along with this, you have to pass an exam that is conducted by the National Institute of Securities Markets (NISM). After clearing the exam, you have to get yourself registered with the Association of Mutual Funds in India (AMFI); after that, you can become a mutual fund distributor.
You can also earn money by becoming an agent of Paytm company.
For this you must have these qualifications –
- Age should be more than 18.
- Must have a smartphone.
- Also communication skills should be good.
How to apply?
- To apply in this, you have to first go to the Paytm portal.
- Now enter the information given in the form.
- Then Rs. Pay the fee of 1000.
- And finally submit the documents.
- Then you can start your business in the same way by becoming a Paytm Agent.
Friends, even if you do not consider Freelancing as a business, but do you know that many people are earning a lot of money by opening Freelancing Agencies.
If in you
- Web Designing
- Software Development
- Content Writing
- Photo Editing
If you have any talent like etc. then you too can easily earn good money by becoming a Professional Freelancer by doing your business.
And the biggest advantage of this is that you can set the time, price and place of work yourself. Also you can do it part time and earn a good amount of money.
Also Read : Entrepreneurship and Skill Development Programme (ESDP) Scheme
Everyone wants to make their house beautiful, so that there is a good impression among the people who see that house. And that’s why people often hire Interior Decorators.
In such a situation, you can earn good money by starting the business of Interior Designing.
Apart from this, you can also decorate the interiors of Office and Shops.
Real Estate Agent
Nowadays, everyone wants to buy their own house or wants to take a plot and build their house on it.
In such a situation, you can also earn good money by opening a real estate agency.
I know many such real estate agents who help people choose the house or land of their choice, and in return, they charge a commission of 1–2% of the price of the property.
Now you have to collect and submit the details of all types of property and plots and maintain good contact with all the property owners who are interested in selling their property.
Now only you need customers who want to buy that property, and one thing you can do is open an office and keep a visiting card.
Let us tell you that, according to Future Prospects, this business is one of the most profitable businesses.
Also Read : Real Estate Success Story of KG Agarwal
Q. Which business can be started from ₹ 100000 to 300000?
You can start many business in less capital and can become profitable in no time, such as blogging, solar agent, incense stick shop, pickle or papad business, mobile repairing etc.
Q. Which business can be started from home?
To do business from home, it is necessary that you are selling some such product or service which can be made or served by sitting at home. There is a lot of demand for online business in this, which includes Blogging, Affiliate Marketing, Online Course, Advice etc. But you can also start spice business, tiffin services, wheat milling, grocery store, cloud kitchen.
Q. Which is the most profitable business of India?
There are two types of businesses in India in which, if you work properly, you can make very good money. The first is education, and the second is high-margin affiliate marketing. Talking about education, it is very easy to acquire mastery in a subject and start teaching it to children, like in English classes. In the same vein as high margin affiliate marketing, you can earn a commission by selling the company’s product to people or making the process easier for them in areas such as insurance, software, real estate, and loans.
I hope that with the help of this article, you have got information about many business ideas. You can earn a lot of money by using these ideas. Along with this, if you have any new business ideas in your mind or you want to ask questions about it, then you can comment on me.