Delhi has an immense population and diversity of the whole of India. The massive metropolitan state has a lot of opportunities for aspiring entrepreneurs and businessmen.
If you are looking for small business ideas in Delhi that you can consider and think of working on, then you are at the right destination.
We have shortlisted some of the best business ideas in Delhi with low investment.
1. PROTECTION MASK BUSINESS:
Delhi is the most populated area in India. Tourism is also at a magnificent rate in the capital.
These two factors are the reason behind this business as this startup is successful because of these two factors. You can open a store. But your location has its significance.
Try to compensate your investment by getting a location in a tourist place. Get all the legalities done and open a store. Further, contract the wholesaler of the mask and the key suppliers.
This business idea is very popular as well as high returning by nature due to its demanding factors.
2. GAME PARLOR:
Well, the craze of video games is on a hike. PUBG, FORTNITE are some of the popular examples.
The game parlor business is a very new and high profit-making business in India. Smartphones that people have are of low specifications so they need game parlor to play their favorite games.
You can use your residential area as a location and you require around 50 smartphones, 50 headphones,20 tables, and 80 chairs approx.
You can make around 1 lakh if you get 50 customers. You can start with low investment by starting with 5-10 customers and a smartphone.
3. SPECTACLES SHOP:
This business is evergreen because technology has somehow bound us with vision problems. Spectacles shop is a very effective idea for your business dreams.
You need to have a proper location and fulfillment of customers’ demand is important for your sales.
Nowadays it is a fashion and fashion industry that also provides large demand. You can provide the service of lenses and frames and earn quite well.
4. CARPENTRY BUSINESS :
The carpentry industry works in a flow. If you want to get in the industry you have to gather the market trends to make your business work.
Deciding your marker lead is necessary. Make a brand and register it with a trademark. Have a contract with the key suppliers and work with them according to terms and conditions.
Make yourself settled in the market and gather clients according to their demand products. Make yourself available online to ensure the flow of orders.
5. EVENT MANAGEMENT:
Holding to the norms of low capital investment and strong connectivity with networks, event management has found its way to be the triumphant option.
Firstly, register your business name. General liability insurance is a must. Initially, your staff should be minimum. A coordinating, clerical, and marketing employee is crucial.
Administrative activities are to be personally managed by you as an owner. Marketing your company is quite important through publications, business cards, and prospectus regarding your categorized services.
Consider long term partnerships with key service providers that will help you to get discounts which further aids you to keep your expenses low and ensure funding to maintain your staff at the initial stage of business. Prefer the local market and make yourself visible online.
Try to make collaborations to help you build a reliable reputation in the market and back up option for future uncertainties.
6. ONLINE FITNESS TRAINING :
In the time like lockdown due to global pandemic, online platform boosted the business of fitness instructors. Not everyone likes to go to the gym.
There is a huge population that has only the option of home workouts and some of them prefer it more.
So people are inclined towards subscribing to the online fitness channels to help them in fitness and maintaining a healthy body.
If you are well trained and have skills you can offer them to your clients to make money. Start your website or a YouTube channel to make yourself available to customers. Build a strong family. Start charging for subscribed batch and start earning.
7. BAKERY BUSINESS:
Bread and cake making business is a very innovative idea. Starting with a small bakery, this business has a potential of flourishing to a large extent in a long span of time.
Location is an element. Bakery business follows the same pattern as other shops. You can include instant delivery services to enhance your business reach.
The factors of price rates, the staff of a helper, and the investment on the rental fee, equipment, and other variable cost are to be planned in an organized way to make it successful.
8. TRANSCRIPTION BUSINESS:
Transcription business is very important in the field of law and business. However, transcription is the skill of writing down live audio or recorded statements.
It needs the skills of writing and typing. Transcription business can be started from home. The initial investment is on mechanical needs like foot pedal, headsets, file converter software, text expander, etc.
The transcription business is to be then connected with the news media, law firms, insurance industries, and marketing agencies and radio channels, etc.
Your company should have contractual contacts with the above firms to flourish the business.
9. OLD BOOK BANK:
Education is the most valued element in the globalized world. The old book bank is an innovative idea. In order to save money, students usually buy old books that further leads to good income generation to invest in the book store.
The stationary items and books are constantly in demand. Hence, this business allows a regular flow of income.
As investment in low, you need to find a low rented out commercial store. After all the legal processes you have to understand the market of the area. If your area has a high population of kids the kids stationery and book items would let you make good sales and profit.
Giving coupons during the opening and offering unique knowledgeable content will help you get the attention of the readers. School books always let you earn well. Used books and old books service is also a great deal to make long term customers.
Tailoring business is also considered as one of the core business ideas in the market. So starting with getting legalities, start from your home area to reduce rental expenses. You have to get the name of the store, promote the types of tailoring among the best icon of them.
Investment in equipment that is assets is fixed cost. Conclusively, you have to plan a good customer policy and rates to ensure that you have regular customers to increase your business arena.
As a businessman, you should have close contacts with the clothing shops that would further render good customer to you in the market to make money.