110 Small Business Ideas With Low Investment Capital

Candle Making

To start a candle business, the major costs will include the costs of acquisition of equipment to melt wax, pouring pots, molds, wax, frangrance oil, dye, addictives, wicks, wick tabs, containers and packaging materials. Candle making is a home based business. Nevertheless, you should endeavour to obtain a permit before you start the business.

Apart from the regular household candles which people use to lighten their houses, candles comes in different types and colours and they serve different purposes. Candles can be used for decoration. Also, people use candles for religious purposes. Before starting a candle making business, you need to carry out thorough market research so as to determine the type of candles people need in your environment. For instance, electricity has been a challenge in many parts of our country. Small business ideas that provide solution to this problem will pay off. Therefore, household candle making will be one of the best small business ideas in such locality like ours. For a place like India, people use candles of different colours for decoration and religious matters. Production of assorted candles in such will be a good business idea. However, whatever the type of candle you want to produce, you need to test your products before you take them to the market. One thing with candle making is that, a slight change in the mix of wax, frangrance oil, additive and wick can produce a different scent. You must ensure that the candles you are making burn evenly from start to finish.

Car Wash Service

Are you looking for small scale business ideas? Are you living in a city where there is a lot of vehicle traffics? Or do you live in or close to a suburb with bad roads? Setting up a car wash centre or related services around such area are good small business ideas. So, for people looking for small business ideas in India or Nigeria, this can be a good business opportunity for you. The main success factor for a profitable car wash centre  as a start up business is location. If you get your location right, then good customer service is the next thing. What is the ideal location for a cash wash centre?

I want to tell you that having a lot of vehicles on the roads alone is not a good justification for starting a car wash business. The question you need to ask yourself are: Where are these vehicles going or where are they coming from? How often do the owners wash their cars? Who and where do they wash their cars? If you can get answers to these questions, it will guide you on possible good location to site your car wash. Instead of rushing to the main city to locate your car wash, you can do something different. Look for a good and busy road that connects a city to suburbs where roads are bad. People will usually come from the suburbs mostly having their cars dirty. As soon as they are out of the bad roads, they will like to have their cars properly washed. If you target this type of market, every day will be busy for you. The truth is that, those people that stay in the city probably wash their cars once a week. But for people living in surburbs, they need to wash their cars almost everyday.

If you site your car wash in a good location, you may not need to spend money on marketing. You should understand that you cannot handle car wash service alone. You need people who have certain level of technical expertise. Car wash service is not just about making cars clean, it involves some technicalities. Therefore, you need people who understand where they should not allow water to touch in vehicles. The main costs for starting a car wash centre include costs of land, construction, plumbing, water tanks, engine for steam wash and hose. Car wash is considered a small scale business idea.

Carpentry

It is true that everything is tending towards high tech. The attention of the majority of our youths is now on IT. They don’t pay much attention to traditional small business ideas such as carpentry and plumbing. This is creating vacuum in our economy. Since we don’t have many people going into carpentry, it will soon become very hot startup business in the market. If you like to start a carpentry business, you need to acquire capentary skills first. This can be achieved by enrolling in a vocational training centre where they offer capentary as part of their offering. Another option is to sign up as an apprentice with somebody who is well established in this startup business. The duration for the training ranges between two and three years.You may be tempted to leave before the expiration of your training period. You may feel that you are just working for your boss while he takes all the money. Please, don’t leave. This is the sacrifice you need to make. Some people will not show their apprentices certain secrets about the business until they are about completing their training terms. If you are half-baked, it will affect your work in the future.

When you are ready to start your carpentry business, you need basic tools such as hammer, nail puller, saw, measuring tape, square, chalk like, capenter’s pencil, utility knife and wood chisel. It is expected that you must have been buying these tools in bits while working as an apprentice. With this, it will be easier for you to start your own business immediately you complete your training.

The market is there for you. Almost every household will need your service in one time or the other. Therefore, you need to let people know about your carpentry services so that you will be their point of call any time they need your service. I classify carpentry as home based business idea as you don’t need an office to start the business. But in most cases, you will need to work client’s residence.

42 thoughts on “110 Small Business Ideas With Low Investment Capital

  1. Dear all,
    I want to start a business at Madurai.
    Please suggest me what kind of business to be starting the same.

    Regards,
    M. Thangapandian

    • Hi Thangapandian,

      Thanks for visiting our website. It is difficult for me to suggest any particular business idea to you. For us to meet the needs of various people, we needed to come with this long list of small business ideas. I believe there should be one that will suits your situation.
      Thanks.

    • Hi, kindly read through the small business ideas listed and choose anyone you are comfortable with.

  2. Brilliant ideas, love your concepts but I can’t seem to wrap my head on the best concept to start off a small business with a growth potential in a campus setting in Kenya please advise if possible.

    Yours truly
    Richard Njogu

  3. I m in Gurgaon I want to satart business so suggested me which kind of business i start.i have a shop 10 square yards. plzzz suggest me.

    • I have already suggested some small business ideas in the article. Read through and see which one can suit you.

    • I will suggest you keep reading our articles and perhaps other articles from other websites. You can get an idea that appeals to you.

  4. Search engine optimisation has become a tainted business, because the work is technical it is best done by
    people who have studied the business and have experience, this can be quite rare with modern marketers though

  5. Sir.. i want to start a new network marketing company . Is it illegal..??.
    And another doubt is what kind of products can i sell.. Plz give an example.
    With regards.

  6. I’ve completed Bsc.computer science and im looking forward to start a business with low investment. Give me so ideas

    • I can only suggest small business ideas but you have the responsibility to decide on the ones that suit you.

  7. Good options provided, which helps viewers to understand the things around and understand their interest which can be transformed to be revenue generating idea — Keep it up …!!!

    • Thank you Jaffery. I hope you were able to locate a suitable one from the list of the small business ideas in the article

    • The amount of capital needed to start your chips business will depend on some factors such as the location of your business and the scale at which you want to start. However, some of the small business ideas covered in this post can be started with between $1,000 and $10,000

  8. hi, im sudheesh, from india, and im a finished my graduate this year. now im thinking about starting a own business with a low capital budget. i would like to perform within marketting and financial areas. give me some suggessions and ideas about my wish.

    • Hi Sudheesh,

      Starting your own business is a good decision. It is also good to note that you can identify your areas of interest. Meanwhile, I want to advise that you don’t need to wait till the time you’ve graduated before you start working on your business ideas. You can use this period to conduct both primary and secondary researches about your business ideas. This will enable to decide whether the ideas are worthwhile. School is also a good place to network and also acquire some skills which can help you in the future. Your friends and colleagues may be your first customers when you eventually start your business.

  9. Wow, I wonder how you found so many business ideas 🙂
    apart from buying and selling on ecommerce, there is one more thing called b2b web portal. Since all the services are free of cost, you can either buy, sell or trade offline via online listing information provided there on. Happy Business

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Time limit is exhausted. Please reload the CAPTCHA.