Profitable Small Business Ideas in India for 2020
This is a trending business in India right now and there are unlimited opportunities in digital marketing.
You can start a digital marketing agency, you can do a freelance business, you can launch your own start-up, you can even promote different products through digital marketing and make money.
But, you need to have excellent digital marketing skills before you start any business in digital marketing. You can learn digital marketing online or join a training center.
It’s very difficult to find good digital marketing training institutes in India. Most of the people, who provide training are not skilled themselves.
Nursery & garden requirements
Once again, this is a great small business idea with low investment. Due to increased awareness about the environment, many people now maintain small plants and shrubs at their apartments and offices.
You can open this business from your home. Additionally, you can sell packets of fertilizers, seeds and other garden requirements.
Understandably, people love their pets. However, while traveling for a holiday or business, they are unable to take their pets along. Hence, people look for services that will care for their pets while they are away.
If you are well versed in handling pets, this is a great business you may consider. Again, this is a small business that requires low investment.
Cakes & bakes
Armed with a good oven, you can open a low investment business making cakes, muffins, cookies, and other bakery items
This small business has huge potential since consumers are always looking for new, better tastes at economical rates. You will, however, require great skills in preparing these baked delicacies.
CCTV & surveillance
Increasingly, people are becoming security conscious. They want to protect their families and themselves against theft, rape, and other crime.
Consequently, more and more people are installing CCTV and surveillance cameras in their homes and offices. This is a low investment and high returns small business idea.
People hold parties for various reasons. They are held around the year to celebrate birthdays, anniversaries and other special occasions. With this low investment business, you can offer various services.
These include decoration of the venue, conducting games, mascot appearance, buying and packing return gifts, among others.
While having a formal background in graphic design is absolutely going to be helpful, it’s also relatively easy to learn the foundations of graphic design on your own.
An increasingly easy-to-use Adobe Illustrator and even more easily accessible tools like Stencil and Visme are making it so that just about anyone with two opposable thumbs, a bit of creativity, and motivation can earn a side income doing things like designing (and selling) images like these motivational quotes that can be printed onto posters and sold on platforms like Etsy.
Or you can find a local startup, small business owner, or photographer who could benefit from some extra help designing or altering images. Unique Business Ideas to Inspire You in 2020
But before you can graduate from side business idea and start earning a full-time living as a graphic designer, you’ll need to build your skills—I recommend starting with reading the foundational book Graphic Design School and Steal Like an Artist, the incredible book by Austin Kleon about how to become more creative.
To accelerate your education in becoming a graphic designer even quicker, check out the online courses Graphic Design Fundamentals and The Graphic Design Bootcamp.
Then once you’re an expert at your craft, you can further your education and move up to offering more hands-on experiences like design sprints for higher-value clients around the world.
Meal Kit Sales and Delivery
Meal kit services are becoming increasingly popular with busy people who don’t have the time to shop and prepare healthy meals and wish to lower their environmental footprint by reducing food wastage.
The meal-kit industry in the U.S. is expected to reach $10 billion in sales by 2020.
Customers select recipes online and meal kits with pre-chopped and measured ingredients are delivered to their homes on the chosen date/time, along with instructions for cooking and/or final preparation.
Listed information such as calorie counts allows consumers to adhere to dietary requirements. Related: Why do 90 percent of startups fail And What to Do About It
Meal kit suppliers often avoid large wholesalers and source ingredients from local farms, creating business opportunities for small to mid-size growers, ranchers, and seafood suppliers.
Opportunities may also be available for delivery service providers to collect ingredients from producers and/or deliver the end product to customers’ homes.
Bike Sales, Service, and Rentals
Given the health and environmental benefits, it’s no wonder that bicycling has become the second most popular outdoor activity in America by the frequency of participation. According to peopleforbikes:
- U.S. bike commuting has grown 47% nationwide and 73% in the largest cities over a 10-year period. North American cities are trying hard to increase the number of people using bikes rather than cars to commute to work.
- Americans spend $81 billion on biking annually, generating 770,000 jobs.
Anything that’s healthy, popular, good for the environment and heavily promoted by the government is a pretty good business bet. In addition to pedal-only powered bikes, E-bikes have become very popular.
E-bikes can be pedaled without electric power or use electric power to assist, and sales are expected to rise to over 40 million units by 2023.
Regular pedal bikes can be converted to E-bikes with a kit that allows replacement of the front or back wheel hub with one containing a small electric motor and adding a battery and cabling. 7 Places to Find Businesses for Sale Online
If cycling is your passion and you want to become an entrepreneur, this may be the perfect business opportunity for you.