6 Home Based Business Ideas in India: Do you want to start a new business from home, but are unable to decide which business to start from home? You have come to the right place. In this article, we will tell you about the best business ideas to start from home which you can start at a low cost and earn more profit.
Starting any business usually requires an initial investment of Rs 4 to 5 lakh, but if you start this business from your home, then this cost can be reduced significantly. Because in case of having your own house, the rent of the place is also saved and it becomes easier to keep the goods.
If you are a housewife and do not want to work outside the home, then you can start a profitable business from your home. Along with this, college or university-going students who want to use their free time can also make money by starting these best home-based businesses.
6 Home Based Business Ideas in India
Let us know in this article which business to start from home:
- Candle Business
If you are thinking of starting a business with a small investment of Rs 20,000, then a candle business may be suitable for you. Whether it is someone’s birthday party or candlelight dinner, candles are needed almost everywhere.
Nowadays people have started using candles in large quantities to decorate their homes. Along with this, people also use scented candles to reduce stress. Its demand increases even more during festivals like Diwali and Christmas, due to which starting this business can be beneficial.
This is an evergreen business that will grow even more in the coming times. According to a MarketWatch report, the candle industry is expected to reach $5 billion by 2026.
The best thing about the candle business is that it can be started with low investment, it sells very fast in the market and the craftsmanship required to make it can also be learned easily.
- Tiffin Service Business
If you are fond of cooking and you can cook good food for people, then the tiffin service business can prove to be the right option for you. You can start this business from your home kitchen and earn 20,000 to 30,000 per month.
The model of the tiffin service business is quite simple. You deliver good homemade food to students living away from home and office-going customers and charge for it.
You can start this business from your area. If there is an office or company near your house, then the employees working in them can become your customers. The key to success in this business is the taste of the food and the delivery system.
If you are not able to find customers on your own, then there is no need to worry, to start this business you can register yourself with food delivery companies like Zomato and Swiggy.
You will get orders through these websites and the food will also be delivered by the employees of these companies. All you have to do is prepare the tiffin of the customers’ choice.
- Blogging Business
If you really want to start a business from home, then there can be no better option than blogging. You can start this business from your mobile or laptop sitting in any corner of the house.
For this, you just have to select a category in which you are interested and write articles on that topic. For example, you can create a blog on entertainment, technology and government schemes. As visitors start coming after reading your content, you start getting money in return.
There is no need for much investment to start this business. To create a blog, you just have to invest 5000 to 6000 rupees. In which you have to buy Domain Name and Hosting. The best thing about blogging is that you can do it in your free time too. Even if you work somewhere, you can start it. You just have to give 2 to 3 hours to this blog.
Initially, the income from the blog may be a little less, but with time, lakhs of rupees can be earned from this business. You just have to be patient and work continuously.
- Agarbatti Business
Agarbatti is used daily in almost all the houses in India. These include people of all religions who burn incense sticks for their worship or to keep the house fragrant. Nowadays, agarbatti has come to keep mosquitoes and insects away. Due to this the demand for agarbatti remains constant in the Indian market.
You can start this business with a small investment of about 20,000 rupees. In this, you have to buy raw incense sticks, DEP oil, and packing material from the market and pack and sell them as per the order. This marketing method is called white labeling, but the margin in this is a little less.
However, if you want to manufacture incense sticks yourself, then you will have to buy an incense stick-making machine for this. The price of an automatic and semi-automatic incense stick-making machine starts from Rs 65,000, by purchasing it you can start bulk production. Along with this, you will also have to invest to buy a mixer machine, dryer, and raw materials.
The chances of success and profit in this business are very high. A margin of about Rs 10 is obtained on one kg of incense sticks, if you produce 100 kg of incense sticks per day, then you can easily make a total of Rs 30,000 per month.
Also Read -: Top 4 Small Business Ideas in 2024: Are you thinking of starting your own business?
- Yoga Instructor
After the corona virus epidemic, there has been a lot of awareness about health in our country. Now people want to be fit, in which yoga can play a big role. To start this business, there should be only one empty room in your house in which you can teach yoga to people.
If people live at some distance from your house, then you can also teach them yoga through video calling. Through which they will also do yoga and they will not have any inconvenience.
The fees of a personal yoga instructor in India depends on many factors like their experience and the duration of the class. But, on an average, you can charge between Rs 300 to Rs 500 for yoga training.
- Spices Business
There is hardly any Indian kitchen where you do not find spices. Spices make any food delicious and flavorful, without them Indian food cannot be cooked. If you are a woman and are thinking of starting a business from home, then the business of making spices is the right option for you.
The best thing is that you can start this business with less investment and small space. The demand for spices always remains in the market, you just need to focus on the supply. You will get the raw material for this business in the market near you, and you will also get a discount on giving bulk orders.
Along with this, choose such spices which are sold throughout the year, such as cumin, coriander, red chilli, black pepper, turmeric powder, garam masala etc. So that your goods get sold immediately after making the masala and you do not have to stock the spices.
If you start the work of making masala on a small scale, then you can grind the masala with the mixer grinder present in your house. However, if you start work on a large scale, you will have to invest in big spice grinding machines.
There are more chances of success in this business, because the consumption of spices in our country is more than any other country in the world. The profit margin in the business of making spices is around 40 to 50 percent. If you sell 50 kg of spices per day, and the cost of raw material purchased is Rs 100 / kg.
So after adding 40% margin, the cost of goods sold will be Rs 140 per kg. According to this, your monthly profit from spice business can be up to Rs 2000 x 30 = Rs 60,000.