Building a business is the most uncertain investment of all. Aspiring entrepreneurs are often puzzled when it comes to starting a business because they have a hard time figuring out the best business opportunity to invest in. Building a business is taxing, thrilling and engaging. People devote a lot of time and skill in building a business. However, finance proves to be a deterrent for many aspiring entrepreneurs. Here is a list of 5 best entrepreneurial options with low investment and higher returns:
1. Preschool Franchise
Preschool franchises have gained popularity as a flourishing business in recent times. Parents nowadays want the best possible educational environment for their child, right from the beginning and are willing to invest for the same. Therefore, opening a preschool franchise in India business can prove to be a wise business decision. For aspiring entrepreneurs with fairly low capital starting a preschool can be an affordable and profitable business idea. The starting investment can be as low as 1 lakh and can vary with brands. The popularity and rate of return is high. The rate of risk is minimal.
2. Wedding Planner
Wedding planning and managing ensures that a wedding ceremony takes place in the most orderly manner and family members get to relax and enjoy the event like all other guests. Almost all kinds of activities are involved in wedding planning, ranging from designing of invitation cars, deciding of venues to décor, catering, arrangement of music, to list a few. The initial investment for starting a wedding planning business is a bare minimum, but satisfactory returns can be achieved once the business is established.
3. Meal delivery Services
A number of companies offering meal delivery services have cropped up in the recent few years. The idea of meal delivery services was born to provide food at peoples’ doorstep, who could not prepare food for themselves and their families for various reasons. These businesses serve a variety of food items, ranging from burgers to pizzas to homemade food. The initial cost is not high, but this is one business idea that promises high returns.
4. Planning Trips and Excursions
The crux of the business idea lies in planning itineraries for trips to various destinations. It requires passion, knowledge and the ability to offer personal guidance for adventure trips like rafting, trekking etc. The initial cost is bare minimum and one can even start at home with a computer and an internet connection. Once well established, the business promises good returns.
5. Online Ads
The internet advertising market stands at about 3-4 per cent of the total advertising market. This involves bringing together those who have promotion space on the web and those who need it. This field requires strong awareness of online advertising, the internet and networking. The initial investment cost is not much, but favorable returns can be had once the business gains success and popularity.
So, which business are you going to choose?