Career , Business
Top Profitable Small Business Ideas with Low Investment for women.
Starting a small business is a good beginning if you aspire to be your boss. However, choosing the right business idea is a crucial as well as difficult decision to make as it's your first time.
After all, female entrepreneurship has grown by 3,000 percent since 1972, according to the 2018 State of Women-Owned Businesses report. Statistics have also shown that women started an average of 1,821 new businesses daily between 2017 and 2018. We are moving toward a progressive society where men and women are equal in every way. On one hand, more women are leaving their jobs, but over the past few years, more women have set benchmarks as successful entrepreneurs.
We have curated some small business ideas for you to get started, whether you are a homemaker, a professional, or a college student. Let's get started!
1. Food Business
If you enjoy cooking, no one can stop you from becoming a food entrepreneur. All you need is a kitchen!
You can set up a cloud kitchen or sell from a food truck, cart, or kiosk. These are the simplest and most cost-effective ways to start your food business.
Depending on your business model, you can create a restaurant app or an on-demand delivery app to add a professional touch and provide convenience to your loyal customers.
2. Soap and Candle-Making Business
Most commercial soaps are full of chemicals and do no good to the environment. Due to this and many other factors, the popularity of natural soaps and artificial aroma-free candles has peaked.
Not only this, the natural and handcrafted products are considered to be an affordable luxury. Milk this opportunity and become an expert soap and candle maker. If you learn this craft well, you can grow in no time.
3. Crochet and Macramé Knitting Business
Crochet and macramé knitting business is an excellent small venture idea for enthusiastic female knitters who want to turn their hobbies into successful businesses.
People with creative minds and a flair for design can also learn this skill. You can start taking orders from your locality and gradually bringing them online.
4. Jewellery and Accessory-Making Business
Any woman obsessed with jewellery and accessories who enjoys working with craft materials such as beads, charms, and sparkles can start a jewellery-making business.
There are numerous jewellery and accessory-making businesses with high-profit margins. You can begin selling jewellery and accessories in your local community, in gift shops, on social media, or through an online marketplace like Etsy.
5. Online Reselling Business
You can begin an online reselling business if you are an expert with sufficient knowledge about a particular product and customer demands. Social media is also a good place to start.
All you need to do is purchase the products at wholesale price and sell them at retail price. Later, you can expand this business concept by registering with online marketplaces such as Amazon, Flipkart, Meesho, eBay, etc.
6. Online Tutoring Business
Women interested in education who want to impact can start online tutoring. You can begin business by teaching a subject that you have mastered. And since this is an online business, you can conduct it from anywhere in the world.
There is a high demand for good tutors who can convert students' hard work into marks. If you have a passion for teaching, go for it!
7. Beauty and Nail Salon Business
Beauty care is a field in which every woman can excel. This is a phenomenal business opportunity because women understand customers' needs.
Women have expert knowledge about nails, skin, hair, and makeup. So, starting a beauty and nail salon business is one of the best opportunities for young female entrepreneurs.
8. Digital Services Business
Who doesn't have an online presence these days? The more progress, the more the digital footprint.
So, why not be the person who offers all digital services in one location?
Remember that everyone is not tech-savvy, so you can make money by providing them with your expertise. Start by offering digital services such as writing, design, social media management, website development, etc., and make the company soar.
Did any of these ideas pique your interest? You can choose any creative small business concepts that work for you. So stretch your wings and combine your talent or passion with one or more. You will turn your dream into reality.
And before you start, remember the Billie Jean King quote, "Champions keep playing until they get it right." Every accomplishment you achieve here will undoubtedly brighten your life!
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