Contrary to popular viewpoints, there are numerous ways to set up a business. These ways let you focus less on genuine costs and more on embarking it. They are an exquisite opportunity for graduate freshers.
Besides business ideas, you will need to build a brand. You will market it and provide eminent customer service. The below ideas can aid you to avoid traditional startup costs such as inventory, rental space, etc.
Here we have lined up the top 10 low investment business ideas for graduate freshers.
Dropshipping business is set up on a fulfillment model. In this business, a third-party supplier stores and handles inventory from your side. You will just make a sale and move the order to the supplier. This business is basically a sales business without handling inventory.
It is the best low investment business for graduate freshers.
2. GST SUVIDHA KENDRA
GST SUVIDHA KENDRA is a most profitable business idea for graduate freshers. They can set up this center near their home and aid SMEs, businessmen, etc., to comply with GST. Not only this, they can provide other services besides GST. These services are:-
- Bill Payments
- Loan Payments
- Money transfer
- Recharge Service, etc.
You can earn more profits every month by offering the above services.
3. Meal Service
Meal Service is the best low cost business for female graduate freshers. You can make the meal at your house and deliver it to different workplaces. This business can be easily set up from your house and let you earn more profit every day.
4. Nursery & Garden Equipments
A lot of people take care of the environment by setting up gardens at their home or offices. You can support these people by providing equipment for gardening. Apart from this, you can set up your nursery and have a profitable annual cash flow.
You can serve your customers with Seeds, plants, tools, etc. and have good ROI.
5. Cakes & Bakes
If you have an interest in baking goods, then cake & bake is the best low-cost business. You can set up this business and serve your yum cakes, muffins, cookies and other items to customers.
This small business requires great baking skills. If a graduate fresher is perfect then they can have good ROI. You can also work in a bakery or restaurant and earn a good income every month.
An eminent low capital investment business idea is- the buying and selling of handicrafts. However, the eminent showrooms apply high rates which they usually get at cheap rates.
You can buy the handicrafts and sell them with profitable margins.
7. Skin and beauty treatment
The rapid rise in the cost of cosmetic products is because of the high demand for personal care & beauty products. If you have apt knowledge in the beauty industry, you can initiate skin and beauty treatment business.
In skin treatment, you can provide services like-
- Laser skin rejuvenating
- Chemical peels
- HydraFacial, etc.
In beauty treatment, you can provide services like-
- Manicure & Pedicure
- Facial aesthetics
- Nail treatment
- Massage, etc.
This business is low in cost and most profitable for graduate freshers.
8. Corporate Gifts
Are you superlative in crafting gifts for employees, clients and businesses? Go for corporate gifting business. The energetic and entrepreneur youngsters can initiate this business on their own. It requires minimal cost and provides you high ROI. Some of the admirable corporate gifts you can indulge in your business are-
- Bags, etc.
Do you take your camera wherever you go and love taking pictures? Turn this dedication into a business. You can set up your photography business with a flexible schedule. Before getting paid to take pictures, you must decide what kind of service you will offer. As a photographer, you can provide in niches such as-
- Portrait photography
- Freelance photography
- Food photography
- Sports photography
- Nature photography, & more.
They are the highest paid photography areas where you can earn profitable pay on every project.
10. Digital Marketing
Any business category that wants to reach its online audience approaches Digital marketing agencies. These agencies use various digital channels to build brand awareness. A tech savvy person with skills to digitally market the businesses can set up this business. You can help businesses to reach more customers in less time.
The utmost profit of this business is the ability to work from your own comfort. Also, it requires minimal cost for set up.
What are the ways to set up a business with low-investment?
● Create and sell digital service
Research about the idea that adds value in customer’s value. Then, turn the products and services into the digital realm. This will aid you to have zero additional expense. The cost of production gets limited to tools you may use for digital products.
● Sell without inventory
Inventory has a long process from buying stock to shipping it. You can reduce your operational and investment by removing the hassle of inventory. You can operate your business with a third-party model like dropshipping.
● Turn a passion into business
If you have a passion for doing something, your market can aid you to earn a profitable income every month. You can set up your business in that with a minimal investment.
● Research on growing niches
The business success depends on customers and its sales. Hence, marketing is an important expense. Targeting growing niches is a great method to reduce your investment. Your customer can easily and conveniently reach you online, even your size of the market is defined by the niche.
Since 1995, the internet has proven to be a boon for Indian citizens. Latest smartphones have changed the way to get employed. Numerous graduate freshers are now starting their own business with low investment.
The most significant thing for college graduates to keep in mind is any apt business doesn’t adjust with past business ideas. They can get success with novel ideas, low investment and even their hobbies.
Now a business can be set up with minimal hurdles and from the comfort of your house.