Business with Low Start Up Cost, Investment and High Profit Margins

June 8, 2010 18 Comments

Question: Hi there, I am looking for some good Business to start which require minimum capital, I would like to know things I can do to get maximum return with minimum investment?

Answer: What business you want to start depends upon so many elements. Your question tells you have capital constraints other side you want to have the kind of field where tax benefits are provided by the government. I advise you the following kind of field where you can find the best match of your requirement:

  • Cooling facility for agriculture produce, marine products, meats and milk produces.
  • Warehousing facility for agriculture produce.

The above fields are more economic to the pocket of the new ventures as well they offer good tax benefits. As far as capital is concerned you need around 20,000 USD (10 laks INR) depends upon the locality you select.

Above warehouses are located generally out of town where price of real estate is too low.

You may follow the given steps to start your new business:

  • First of all analyze the market, what is the demand for warehousing and cold storage facilities by Big corporate.
  • Select the location where you can get the land where you can construct the warehouse.
  • Find contractors whom you find most economic.
  • Start all the above activity at lower level (within small area because of capital constraint)
  • Develop proper facilities that best suits your requirement i.e. Good preservance.

Businesses with Low Start Up Cost and High Profit Margins

Cooling system, required machinery, proper quality test, disaster recovery plan etc.

  • Contact FMCGS and other companies which require the above facility in your location.
  • Initially the demand will be poor but as and when your contact increases you will find your business most profitable.

18 Comments »

  • George said:

    Hey there. I understood the point of this post and the low cost business plans, I want to ask you that are there any companies or institutes which provide the loans to new comers like us. If they are then how to get a loan and what is the procedure for that? I am waiting for the reply.

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  • VK said:

    Sir, I am doing nothing. I want you to help me with business ideas. I first started trading business. I go to company-company for waste products ( spent solvents, chemicals solvents, residues, dyes, scrap metals, plastics, rubbers, oils,. ) but not yet have anyone company also who is dealing with me in any of these products. I don’t know how to contact them? Well Sir, what should i do? Is there anything you can tell me. Or do i shift to another business! Actually i am planning to start a small firm of plastic grinder. I do this trading business in Mumbai and now i am thinking of doing grinding business in Mumbai itself. Sir please help me with both the business.

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  • Methew said:

    sir, i was working in a sheet metal fabrication company for almost 2 yrs. now i quit my job and thinking of starting a small scale business. i am interested into metal related works (ms, ss, cs etc.). can you please help me out in giving me an idea of where i can start such businesses and the initial investment required. thanks & regards renish mathew

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    Scott Wilson Reply:

    Mr. Methew,
    That’s a cool idea to start a metal related business. You can start a trading business and manufacturing as well. If you have small capital, you can start with trading and. If you want to start with huge capital, you can start manufacturing business.
    If you want any more guidance, you can ask your questions here,
    Thank you.

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    vijay Reply:

    Dear Mathew, If you know about CNC milling machine, I will be help you to start this business with good earning, there are multiple scope for job work as well as projects.

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  • sharry said:

    hi sir,

    I have done MBA in HR and marketing and i have 4 years of working experience in administration field, but now i am thinking for my own small scale business in kerala , so can u please suggest me some ideas to start with , Is the online share trading is a good option , if yes then please suggest me the ideas for it..

    thanking you
    sharry

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  • Anita said:

    Hi Scott,

    I saw your article about Boiled Water Business.I am very much impressed about the new business idea.My husband is also planning to start a business.

    Can we start the business from home?If we can’t start from home..how much initial investment will it need?
    Do u have any business plan?
    How much profit can we make after buying the bottles..label etc..How much profit per bottle…?
    My husband is very much interested in export business.can we export the same
    please guide us

    Thanks,
    Anita

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  • G K said:

    Am from trichy, tamilnadu and I have just came to this website today and hopefully you will be able to help me to take good decision. Sir, i have diploma in textile tech, having around 12 yrs experience right from spinning, garments ( both knit and woven ) exports. Even though am working as merchandising manager , i would like to start my own business with the help of my wife with very less investment at beginning stage ( upto 1.5 to 2 lakh at beginning and can go up to 6-8 lakhs). I will not be able to leave my job immediately but would like to join with my a business once it is settled at least to some extent.

    I had tried to take some agency type business in textile inner-wear division sometimes back but could not success due to financial problem ( mainly due to credit based sales).
    Kindly guide me to take a correct way to proceed further and expect your valuable advise on the same.

    Thanking you.

    Yours truly
    V.Gunasekaran

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  • B J said:

    I am from Mumbai, I have just came to this website today and hopefully you will be able to help me to take good decision. Sir, Even though am working as Relationship manager in a Mnc Bank, i would like to start my own business with the help of my wife with very less investment at beginning stage. I will not be able to leave my job immediately but would like to join with my a business once it is settled at least to some extent.

    I had tried to take some agency type business in Telecom, Moulding, Personal loan DSA division sometimes back but could not success due to financial problem ( mainly due to credit based sales). Kindly guide me to take a correct way to proceed further and expect your valuable advise on the same.

    Thanking you.

    Yours truly
    Balaji

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  • M P said:

    I want start business of chemical and Parma product with some investment. But I have no idea and do not have proper guidance about this business now I am working in well known Phrma Company as a chemist. And also I am science graduate with chemistry. I am familiar with chemical and Parma field. Please help me and guide to me to setup my own business with very low investment, I have decided I want to do business

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  • A S said:

    Hi sir I am myself AS, looking to start a small scale business, with low investment like
    1. Manufacturing some goods like CFL lights, bulbs.
    2. My own play group school.
    3. Or can u give me some ideas what type of small scale business I can start up from home or rented area or from where I can get details of work and raw material? knowledge of production of particular products ?

    I am writing you with gr8 hope, please write me mail with details with some ideas, I am eagerly waiting for your reply

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  • N D said:

    I have land in near science city. I want start new business related to steel products. I have a trading firm of steel for last 50 years. I want to expand my business, in which way I should go..? What kind of business should I start?

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  • P S said:

    Hello,
    I appreciate your help to youth to start new business with their particular interest and helping them out. I would also like to know some innovative ideas to explore my Jewelery Business,and government schemes for finance in this field. I know each and every aspects of jewelery manufacturing. Now I would like to start my own business.

    Thanking you,

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  • S K said:

    Hello, I am very hard working and talented. I want to start some business with less investment. But I am confused what type of business I should go into? Also let me know how to start and where to invest to grow faster?
    Thank you.

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  • SMA said:

    Hello, I want some idea for starting small scale business. I have few ideas in my mind such as making paper cups,thread separation work,etc.. I need some more idea about manufacturing process work. How can I start my business with low investment? Reply me soon. Thank you.

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  • Ms. LB said:

    Hi sir,
    This is lavanya. I have to start any small business . Could You give me some idea which business is best for me.
    I like business field that’s why I am asking for your suggestion .
    I Hope You will give best Advice. I am waiting for your advice .
    Thank you
    Ms. LB

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  • Scott Wilson (author) said:

    PM,
    It is very easy to start imitation jewelery business. You can go to the markets of imitation jewelery. There are big markets in every city for this business. You get the orders by showing them the samples and start supplying your stuff to them
    Thank you

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  • T C said:

    I want to start a business having low investment and high profit, The reason is, I have little corpus to invest in. I need your advice. I am thinking of starting wedding planning business. If you think this is good idea, then let me know how can I grow my business?

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