Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What is the best small budget business to be started? And maximum chances of profit and minimum loss?

user-image
Question added by Aman Ullah Aslam , Home tutor , Private
Date Posted: 2013/08/15

Good small business ideas which can be started with very low investment.
1)  Recruitment firm: With the unemployment rate increasing, there is a large demand for the recruitment firm.
Starting this small business would require very low investment.
  2)  Real estate consultant: With growing demand on real estate properties, starting a real estate consultant business would be a good option.
I have seen the real estate consultants charging1 to2% as commission on the real estate property value which is finalized with the customer.
This is a good idea for small business.
  3)  Man power resourcing: Providing resources to the companies on need basis would be another good business idea.
Little planning in terms of hiring is required; else this small business ideas would not be successful.
  4)  Groceries delivery centre: This is one of the innovative idea to start small business.
The business idea is here to deliver the kirana / groceries to the door step of the consumer with some additional charge.
The kirana business + additional delivery centre option would be unique business and there is very good potential in this business.
5)  Book store: Opening a book store is good idea.
It can include school books, stationery or general management books etc., Thought this has become common business idea, people are finding this method as a old business idea.
Innovative methods in this business idea can lead to good income.
  6)  Custom made festival gifts: Have you observed the special gifts during festival seasons? You can try any innovative methods of preparing gifts for the festivals.
  7)  Mobile food court: People have become busy, they do not want to spend time in travelling to restaurants.
Mobile food courts are becoming prominent these days which provides food facilities at good locations where there is potential business.
  8)  Start your own blog / website: Start your own internet blog or website like the one I have started for Best investment options.
This small business idea would cost you very low investment or you can even create a blog  /website for free.
However you need to spend time every day or several hours a week to become successful in this business.
  9)  Insurance agent:  Insurance agent is another old business.
However people still give lot of preference to insurance, hence this business idea is not going to get killed in the near future.
There are ways to be successful as an insurance agent.
10) Event management: Event management business is fast growing business.
If you have good networking and you can move things quickly, then you could be successful in this small business.

amer jayyousi
by amer jayyousi , Business Development Consultant , freelance

'services"

Aman Ullah Aslam
by Aman Ullah Aslam , Home tutor , Private

THANKS FOR SUGGESTIONS,, I REALLY APPRICIATE YOUR IDEAS.
 

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.