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11 Business Ideas With Low Investment and High Profit

Updated on August 16, 2017
Ashish Dadgaa profile image

Ashish Dadgaa is a young entrepreneur with 7 years of experience in the business environment. He writes about business strategies & secrets.

11 Best Small Business Ideas That Can Make You Rich
11 Best Small Business Ideas That Can Make You Rich | Source

You must be thinking what are the easy and simple money making business ideas that can make you wealthy? Are you looking for a business idea which needs no investment or minimum investment? Are you looking for a business which you can operate from home? Don't worry you are at the right place. I am having 11 simple business ideas will give answers to all your questions.

I am from a business family so from childhood there was a spark of business in my mind. It doesn't mean I haven't done a job or worked for anyone. I have done many jobs during my college days but later I felt this is not a cup of my tea. I can't work under anyone, I can't follow anyone's rule, so I decided my own path and tried & tested number of businesses so far as per Master the Art of Business.

These ideas are best and work very well as per my business acumen so there are more chances of success. I have filtered various businesses and come up with only 11 business ideas, half of them are done by me and half of them done by my friends and family members, which I would like to share with you. Whether you are an investor or entrepreneur, you will definitely like this unique collection of business ideas. There are loads of income opportunities out there which can take you to whole new level. So without wasting any minutes, let's have a look at the following 11 simple Business Ideas which can make you rich.

1 - Real Estate Business

Property buying and selling between real estate broker and a client.
Property buying and selling between real estate broker and a client. | Source

Currently, I am working as a part-time Real Estate Agent, being a construction manager I always had a good knowledge of real estate business. The boom in real estate sector is already appearing at the high price of steel & cement, even property stocks on the stock exchange are booming. The flourishing wealth is certain to simmer into the hands of small and medium income earners.

It is now obvious that in the face of boosted property and land price in the real estate sector, there is a real opportunity for those who are aware getting it at a low price and sell it when the price is high. I have grabbed the many opportunities of this price fluctuation and enjoying its fruits now. I had bought 2 properties at a low price and sold it when price doubled. I have read The Book of YES: The Ultimate Real Estate Agent Conversation Guide and I will suggest you to read this before you start your business.

In the end, intelligence is all you need to get in order to play right in the market, that is what real estate is all about. As a real estate agent between seller and buyer, I am getting 5% to 6% commission on a sale price of the house.

Capital Required
Risk
Return
$200 - $500
High
High

How to Become a Real Estate Agent

2 - Stock Brokerage Business

Stockbroker analysing live market.
Stockbroker analysing live market. | Source

Stock brokerage is a money-making business, like any other profitable venture. It has its own advantages and disadvantages because the market is never constant. It keeps on fluctuating as per economical and political changes. It is very simple and comfortable. Once you take your decision, you just find out best stock broking company and start working with them.

During my university, I was working as for Capital One Investing as a Stock Broker. In this, I had to make deals on equities with good investors. You don't need office or any commercial space, you can work from anywhere. I was working from my university dorm at my comfortable time. The more clients I convince to invest their money in the stock market the more commission I make. It is very easy to do while studying or while working fulltime.

Capital Required
Risk
Return
$100 - $400
High
High

What Does a Stock Brokerage Do?

3 - Delivery Service Business

A man from delivery service dropping a parcel at the door step.
A man from delivery service dropping a parcel at the door step. | Source

Americans are working very harder between their jobs, family, school hobbies and social obligations. People don't have time to go to the supermarket for groceries or to pick up their dry cleaning. Whilst this is a trouble for everyone but it's a blessing for a young entrepreneur like me.

I thought about this opportunity that if you do door to door delivery service for anything and everything then people would pay for it. So, during my summer vacation, I made a group of 5 friends and approached nearby famous Indian Restaurant owner and gave him an idea for home delivery for his famous food. He agreed and we were making $100 to $200 per night

Nowadays services like Amazon Prime Now is a blessing for everyone. You can have everything from electronics to groceries delivered on your doorway within two hours. You don't need to do any more search or market survey as this business model is already proven you just have to decide what product or material you would like to deliver.

Capital Required
Risk
Return
$300 - $600
Medium
High

Start Your Own Courier Service Business

4 - Food Business

A Food business in a form of small restaurant.
A Food business in a form of small restaurant. | Source

The food business is the very first step of up-and-coming entrepreneurs. It was same with me, I was fascinated with food from my childhood. I learned cooking from my mom at the age of 15. So, I took benefit of my skill and thought to put a food stand during university fresher's week. I sold chicken rolls every day for a week and made a profit of $2100.

A food business can be in any form, may be a restaurant, catering companies or food stands. You need to have various investment plans as it mainly depends on which sort of food business you are thinking to have. If you plan to run a catering company or a restaurant then a large amount of capital is required to kick off. However, if you want to start with small food stand then with few dollars of investment you can easily start like I did.

Capital Required
Risk
Return
$500 - $1000
Low to Medium
High

Food Business Ideas

5 - Event Planning Business

Event planner has arranged the tables, chairs and decor.
Event planner has arranged the tables, chairs and decor. | Source

There are many people who host parties, then they require your professional service. This thought came to my mind when I attended my nephew's birthday party after finishing my final year exams. I thought of starting some venture like being an event planner where people are ready to pay for the quality work and a well-planned event.

I shared my idea with few of my friends, out of which two of them agreed with my idea and we started with small events. I went door to door and explained that I can manage everything from the wine shopping to decorations, guest invitations to the catering and entertainment to cleaning up at the end.

The ideal place to advertise your services would be in the entertainment section of magazine or daily newspaper. But if you don't have enough budget then I would recommend placing an advert in some of the social media websites as they will certainly go viral in short time and get you, good clients. Usually, this business will give you a decent profit, however, it depends on the size of the party. Generally, I was getting profit from $500 to $2500 as I was planning small to medium size events.

Before you start, just set your goal that how many parties can be arranged by you in one month. Don't think too much If you have been praised for your parties then you might be ideal for party planner business.

Capital Required
Risk
Return
$1000 - $1500
High
High

How to Start an Event Planning Business With No Money

6 - Interior Designing Business

Interior Designing of the luxurious house is in progress.
Interior Designing of the luxurious house is in progress. | Source

You visualize that high paying job, let you utilize your best creativity to make businesses and homes more comfortable and beautiful. This business can give you so many advantages.

As an interior decorator, you will have the fulfillment of turning your dream into reality. You will come across numerous creative people and you will get to spend time with them. My brother is working as an interior designer with his small team. At the end of one home interior, he is earning from $50,000 to $1,50,000

Capital Required
Risk
Return
$200 - $800
Low
High

Start an Interior Design Business

7 - Photography Business

Young Photographer capturing photos at the event.
Young Photographer capturing photos at the event. | Source

We all must have seen or used professional photographers at the wedding, birthday party, sporting events any corporate events. Everyone loves a good quality picture, but many of us don't have that expertise to capture a consistently perfect moment with good angle or quality.

The easiest way to start is to carry your camera to your friend's birthday party or in your family get-together and start capturing good moments. Later you can make an economical brochure with all your best shots and give it to your friends and cousins. A few weekend of this type of freelance photography work will let you how huge this industry could be.

One of my friends was working as a party and birthday photographer during college days but today he has touched the sky. He has started his own firm. He is capturing photos of well-known models and actress. If you love utilizing a camera, whether it is a video camera or still camera, there is an opportunity to make money with it.

Capital Required
Risk
Return
$200 - $600
Low
Medium

Start a Photography Business in 3 Simple Steps

8 - Franchising Business

Essential elements of franchising business.
Essential elements of franchising business. | Source

Are you interested and capable of selling a foreign product in the USA? If yes, then franchising is just for you. A franchise is a contract between two organizations, which grant an individual or a group of persons (The franchisee) the privileges to market a service or product utilizing the brand name for the additional business (the franchisor). Both franchisee and the franchisor have a mutual interest in the success of a business and giving best customer service.

Nowadays, Franchising is available to most of all businesses. Such as beauty, health, housekeeping, estate management, training management, educational services, fast food & beverages hospitality, medical health care, retailers, wholesalers and manufacturers.

One of my uncles has taken franchise of cleaning company called OpenWorks. It is a commercial cleaning company. He is earning between $2000 to $3000 per month.

Capital Required
Risk
Return
$5,000 - $10,000
High
High

How Franchising Works

9 - Homemade Bread Bakery Business

Fresh homemade bakery bread.
Fresh homemade bakery bread. | Source

You can start homemade bread bakery in the backyard of your house. You just need cash in hand to set up the bakery. One of my retired aunts was working in Bakery before. She is having very good knowledge about bread and bakery. She started her own homemade bread bakery with an initial investment of $1000. I helped her to construct a small shade at the corner of her backyard with a compact clay oven. Now she is famous for fresh and soft bread in her neighborhood and making a profit of $1500 to $3000 at the end of a month.

Capital Required
Risk
Return
$200- $700
Low
High

How to Start A Baking Business

10 - Website Designing Business

Website designing is in progress.
Website designing is in progress. | Source

Website designers are continuously in need by the government, corporate organizations and private companies as they are ready to pay hefty fees for website designing. Some of them do annual maintenance contract with their web designer as they need to update the data and information on their websites frequently.

For professional training, you can take website designing course which hardly takes one to two weeks. If you want basic knowledge then you can browse the internet, there are numerous complimentary software which can give you a step-by-step guide on how to design and create a website. Ensure that you charge according to your knowledge and expertise as professionals are charging too high and basic designer charge average fees.

One of my IT friend from university is working with UPS shipping, postal and printing firm. They have an annual contract with him and he is charging $1000 per month.

Capital Required
Risk
Return
$100 - $300
High
High

How to Start Your Web Design Career

11 - Party Equipment Rental Business

Party equipment for the rent.
Party equipment for the rent. | Source

In major cities renting party, equipment has become a huge business. Stage platform, chairs, canopies, drums, lights, tablecloth, ice block, cooking utensils and other party equipment which are in demand by the host or party organizers. There are barely any weekends when parties are not organized.

You need to find the charges of each equipment and tool and for how long they charge. Then you should find out the cost of buying or making some those items. Then you find out how much you are earning now and do the future earning estimation with reference to your existing customers you have.

One of my cousin brothers is having a side business of equipment rental. He purchased all the items 2 years back with an investment of $2000. This business is seasonal so during summer and Christmas he is making $2000 to $5000 per month and in off season he is making $200 to $700.

Capital Required
Risk
Return
$1000 - $5000
Low
High

Start Your Own Party Rental Business

As I showed you these are the best 11 money making business ideas, which can make you wealthy. Some of these businesses are tested by myself. You just have to select any one business which is suitable as per your criteria. Once you chose your business then focus on it, work hard and success will surely be yours.

Business Tips from Ashish Dadgaa

  • Follow your dream.

  • Grab all opportunity.

  • Go against the flow.

  • Keep watch on your expense.

  • Invest Your Profit.

Your Opinion

Which of the following Business you would like to do?

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© 2017 Ashish Dadgaa

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    • Ashish Dadgaa profile image
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      Ashish Dadgaa 4 months ago

      @Salma,

      Thank you very much :)

    • Salma Hassaballa profile image

      Salma Hassaballa 4 months ago from Egypt

      Very useful article, thank you!

    • Ashish Dadgaa profile image
      Author

      Ashish Dadgaa 5 months ago

      @Sam Dreiberg,

      Thank you so much for your feedback on this hub. I appreciate your view and I agree with you but we have to work hard and give time to whatever we do. Without efforts and giving time you are not going to get in return and here we are talking about a small business idea which has low investment and high return.

    • Ashish Dadgaa profile image
      Author

      Ashish Dadgaa 5 months ago

      @Natalie Frank,

      Thank you so much, My dear :)

      You always should be multi-tasker and think out of the box then success will be yours :)

      Bless you dear.

    • Sam Dreiberg profile image

      Sam Dreiberg 5 months ago from India

      Hey Ashish.. Excellent article.. Very informative.. But I would have liked a couple of parameters more.. Like effort and time required to make the business a success.. My wife is an interior designer and trust me it takes hell loads of effort and hard work..

    • Natalie Frank profile image

      Natalie Frank 5 months ago from Chicago, IL

      Ashish - Your hubs are always so filled with information! You seem like quite the entrepreneur yourself! I can't believe how much you made in such a short time in college! Great Hub as always. Thanks.

    • Ashish Dadgaa profile image
      Author

      Ashish Dadgaa 6 months ago

      @Sakina,

      Thank you so much, Sakina for your feedback :)

      Yeah, I hope my work help people in one or other way :)

      Bless you.

    • SakinaNasir53 profile image

      Sakina Nasir 6 months ago from Kuwait

      Hi Ashish! :)

      This hub is very detailed and informative. For those who are looking for business ideas, it is very useful for them. I am sure people are going to find your hub very helpful. Great job with this and keep it up!

    • Ashish Dadgaa profile image
      Author

      Ashish Dadgaa 6 months ago

      @MsDora,

      Thank you so much for your feedback :)

    • MsDora profile image

      Dora Isaac Weithers 6 months ago from The Caribbean

      These are all good business ventures. Thank you. Kudos to those who get rich!