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21 Small Business Ideas with Low Investment


by Mahindra Finance


April 25, 2024


7 mins read

Starting a business is a dream for many, but the lack of capital often poses a significant challenge. However, there are numerous small business ideas that require minimal investment, making it easier for aspiring entrepreneurs to get started. Whether you want to pursue your passion or earn extra income on the side, these low-investment business ideas can help you achieve your goals.

In this article, we will explore 21 small business ideas that can be started with low investment. From teaching and coaching to digital marketing and home-based ventures, we will cover a wide range of opportunities tailored to suit different skills and interests. So, let's dive in!

Teaching and coaching:

1. Coaching Classes:

If you have expertise in a particular subject or skill, offering coaching classes can be a profitable venture. Whether it's academic subjects like mathematics or languages, or skills like music or art, there is always a demand for quality coaching.

2. Catering Business:

Food is always in demand! Starting a catering service can be an excellent low-investment business idea, especially if you have a passion for cooking. You can cater to various events such as weddings, birthdays, or corporate gatherings.

3. Handmade Chocolate Business:

If you enjoy making chocolates as a hobby, why not turn it into a business? Handmade chocolates are popular gifts and can be sold for special occasions like birthdays and festivals.

4. Tiffin Services:

In today's busy world, people often don't have the time to cook their meals. By starting a tiffin service, you can deliver home-cooked meals to customers, especially working professionals who prefer nutritious and convenient options.

Digital and marketing:

5. Social Media Agency:

With businesses needing a strong online presence, there is a growing demand for social media marketing services. If you are proficient in social media strategies, you can help businesses establish and grow their online presence.

6. Blogging:

Blogging has become a popular way to share knowledge and experiences. By starting your blog, you can share your expertise or stories online and monetise it through advertisements, sponsorships, or affiliate links.

7. Vlogging and YouTube Channel:

Similar to blogging, you can create video content on various topics and start a YouTube channel. With the rise of video content consumption, vlogging offers an opportunity to earn through ads, sponsorships, and partnerships.

8. Freelance Writing:

If you have a flair for writing, freelance writing can be a rewarding career option. Many platforms and businesses require content creators for articles, blogs, website content, and more.

Creative ventures:

9. Antique Store:

If you have an eye for vintage or unique items, consider opening an antique store. Collecting and selling these items can be both financially rewarding and personally fulfilling.

10. Interior Designers:

With the real estate market booming, there is a growing demand for interior decorators. If you have a knack for interior design, you can take up freelance projects to enhance living or office spaces.

11. Hobby Class:

Share your skills and passions by teaching hobby classes. Whether it's dance, painting, or crafts, there are enthusiasts looking to learn new talents in every community.

Home-based business:

12. Home-based Bakery:

Baking delicious goodies like cakes, cookies, or pastries from home can be a profitable venture. You can sell your baked goods at local events or even take custom orders.

13. Personal Chef:

For individuals or families who prefer personalised meals without the hassle of cooking, offering personal chef services can be a lucrative opportunity. Many people are willing to pay for the convenience and quality of customised meals.

Online and tech:

14. App Development:

If you have tech skills, consider developing software applications or solutions for specific needs. With the increasing demand for mobile apps, this can be a highly profitable venture.

15. Affiliate Marketing:

Promote products or services online through affiliate links and earn commissions for each sale made through your referral. This is an excellent option if you have a good online presence and can drive traffic to your affiliate partners.

Rental ventures:

16. Car Rental Business:

If you own a car, you can put it to use by renting it out to individuals or businesses. This can be a steady source of income, especially in tourist destinations or busy cities.

17. Equipment Rental:

Renting out tools or machinery, especially to contractors or DIY enthusiasts, can be a sustainable business model. This requires minimal investment as you can start with a small inventory and expand gradually.

18. Bike Rental:

If you live in a tourist location or near popular biking trails, offering bike rentals can be a profitable venture. Tourists and locals alike often prefer renting bikes for short trips and exploration.

Other ideas:

19. Party Planner:

Organising and managing events like weddings or birthday parties can be challenging for many people. By offering party planning services, you can help clients create memorable experiences while earning a decent income.

20. Pet Grooming and Care:

With pet ownership on the rise, there is an increased demand for pet grooming and care services. If you love animals, this low-investment business idea allows you to combine your passion with entrepreneurship.

21. Career Counselling:

Guide individuals, especially students, in making informed career choices based on their interests and skills. With the right expertise and credentials, you can provide valuable guidance to help others achieve their professional goals.

Getting Finance for Your Business:

If you require funding to start your business, there are various financial institutions that offer small business loans with attractive interest rates. For example, Mahindra Finance Limited provides MSME loans and business loans with easy repayment options and affordable business loan interest rates. You can approach these institutions and explore the financing options available to you.


Starting a business doesn't have to be an expensive endeavour. With the right idea and determination, you can turn your skills and passion into a successful venture with low investment. Whether it's teaching, catering, digital marketing, or any other field, there are plenty of opportunities waiting for you.

Remember to conduct thorough market research, create a solid business plan, and stay focused on customer satisfaction. And if you need financial support along the way, consider exploring options offered by institutions like Mahindra Finance Limited.

So don't let limited capital hold you back from pursuing your entrepreneurial dreams. 

Take the first step towards building your own business today!


Q: Can I start a small business without any investment?

A: While most businesses require some form of investment, there are several low investment business ideas that allow you to get started with minimal capital. For example, starting a coaching class or offering freelance services requires only your skills and dedication.

Q: What is the process of obtaining a small business loan?

A: To obtain a small business loan, you typically need to approach a financial institution or lender and provide detailed information about your business plan, projected income, and financial statements. The lender will assess your eligibility based on various factors such as creditworthiness, collateral (if required), and repayment capacity.

Q: Are there any government schemes or incentives for small businesses?

A: Yes, the Indian government offers various schemes and incentives to promote entrepreneurship and support small businesses. These include subsidies, tax benefits, grants for specific industries or regions, and loan schemes specifically designed for small businesses and startups.

Q: How can I ensure the success of my small business?

A: Success in small business is determined by various factors. It is crucial to have a well-defined business plan, conduct market research, understand your target audience, offer high-quality products or services, and provide excellent customer service. Continuous learning, adapting to market trends, and staying financially disciplined are also key to long-term success.

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