Nowadays it has been seen that youth are more interested in the business. They want to do the work of their own choice. Therefore, they always want to start a business. They are always looking for new business ideas, but most young people think that big investment is required to start a business.
Most people have a financial shortage, so they lose their courage to start a new business. But let me tell you that this is not like that. There is a list of business ideas that can be started with low investment. These all are a long-term business. There is no restriction of any age or gender, but anyone can do these businesses.
Five new business ideas which you can start with a low investment
Business in Event Management
Event management is currently a great business. Today, people organise events at weddings, birthdays, and other small or big occasions. These programs can also be personal, public or corporate. Most people cannot do all the work on their own due to busyness, so they need an event manager who can manage all the tasks.
For example, if someone wants to organise a wedding party, he contacts the event management company and tells his budget. Then the event management company arranges the entire party for him, keeping in mind his budget, and in return, he gets the money. This complete package includes all the essential things to organise a party or event, such as a hall for a wedding, catering, utensils, staff to serve food, decoration, lighting, sound, etc.
The event manager should have a team of workers and have the skills to get their workers to work. The event manager requires several necessary materials to organise the event. The event manager should have a good relationship with all the vendors who own these materials.
It has the potential to grow very well. If you want to do business in event management, then I suggest you first do a certificate or diploma course in it. Later, do a job in an event management company for 1-2 years to get experience. This will give you a good idea of organising these events and the idea related to other tasks. Then you can start your business in this field, which you can also expand over time and open an event management company.
The best thing about this is that you can start this business with a meager investment. Because you also get some advance money from the client to organise any event or party.
Open a Beauty Parlor
Who would not like to look beautiful and attractive? The truth is that makeup is the first hobby of every girl or woman. Women spend a lot of money on their dressings and makeup. She goes to the beauty parlor for her makeup.
If you are also a woman and think of doing business, it can prove to be a good business for you. You can start this work from your home. This is a business whose scope will never be reduced. Women can never stop to Beautify themselves. So it is straightforward to earn and grow money in this business.
It can be earned well in the business. You can easily save 50% by removing all your expenses. Women especially go to the beauty parlor for their makeup for parties and weddings. Hence the earnings in this business increase further in the wedding season.
You can also give your service by going to people’s houses in marriage and party, for which you can charge extra money from your customers.
This work can be started by taking a short-beautician course. It does not require much money to start this business. You can start this business alone at a low cost in the initial stages, with less furniture and fewer accessories. Then as your earnings grow, so should you grow your business.
Business in Real Estate
Today everyone dreams of buying a house or plot. Some people even want to purchase commercial buildings. When a person wants to buy a property, they need a real estate agent. This agent shows him several houses and plots and helps in purchasing these properties.
In return, he takes some money in the form of commission from both parties who sell and buy the property. Since the buying and selling of property is a vast amount of game, real estate agents’ commission becomes very good.
You can also do this business because it has excellent future potential. Yes, seeing the inflation or ups and downs in the market, there are ups and downs in this real estate business from time to time also. But if the market is in good condition and people are looking to invest in real estate, then a lot of good money can be made in this business.
You can start this business with little or no investment. You need to know about this business from all the nuances and legal processes. First, you work with another real agent to gain experience, and then when you feel that you have learned a lot, you can start this business independently.
Health Club or Gym
Today every person wants to be healthy. Along with staying healthy, he also wants a beautiful and shapely body. A gym or health club is a perfect place for him to fulfil his needs in such a situation. It is seen that today people are going to the gym and this trend is increasing. People are also ready to spend money to make their body healthy and beautiful.
There is an excellent opportunity for you to do business in this field in such a situation. You can open your gym or health club and earn good money. For this, you need a ventilated hall, electric and water facilities and workout equipment.
Although it requires good money for the setup of this business, any business can be done at the beginning with less money and fewer resources. You can start this business with low investment too. You can rent a cheap hall in an affordable area, and you can start this business by buying exercise equipment at low second-hand prices.
In the initial phase, you should charge your customers reasonable fees and later, as you get the money, then increase the facilities and other things in this gym or health club. You can also hire a trainer or coach later, who will guide your customer to do the proper workout. You can also sell nutrition and food supplements later side by side in your gym. Then you can also increase your fees. If your business grows well, you can open more than one branch.
Trainer or Tutor
Friends, nowadays, the profession of a trainer or a tutor is not only a noble business, but it is also a business of money maker. There is no need for even a tiny amount of money for this business. You can start this business without capital. If you can teach any particular subject, then begin teaching to other students or people.
After a while, if the number of learners increases, you can open a training or coaching institute by connecting some other tutors or trainers. If the number of students is growing in your training or coaching institute, you can expand your business by opening its other branch. In this way, you can take this business far enough.