Best Business For Low Investment – India’s retail industry has emerged as a fast-paced industry due to many new retailers. Retail trade in India accounts for 10% of GDP and 8% of employment. India is one of the top 5 retail markets in the world in terms of economic value. It is one of the fastest growing retail markets in the world.
On a daily basis, people need goods and explore nearby shops or hotels. Retail business is the most profitable business in India with low and moderate investment. So people with low or moderate capital investment can focus on small or medium retail stores for high profit margin business in India.
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A retail business is when a business sells a product or service to the consumer for his/her use. A retailer sells the product at a higher price than the wholesaler. Retail business can be considered as grocery stores. Service-related businesses such as salons and rental places are also considered retail businesses.
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Kirana Store is one of the best profitable retail business in India. India has a huge population and a grocery store is essential in every area. Every household needs basic supplies and the grocery store sells soaps, spices and food items etc.
It is important to get the goods you want to sell in bulk from the wholesaler at a low price. This helps you price the product at a competitive price.
Opening a stationery and book store is a profitable and best retail business that does not require special knowledge. A variety of story books, DVDs, school books and stationery can be stacked in a stationery store.
Your grocery store should be the last stop for all back-to-school children’s books or accessories. You may stock up on some educational equipment or toys that other retailers don’t offer.
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The advantage of this business is that you don’t need any special knowledge. India has the largest agricultural market and fruits are a primary product. If you decide to sell fruit, you should shortlist the fruit category based on supplies.
Flower shop is one of the most profitable business if you establish your business well. Many hotels require daily flowers for their offices, so if you associate with a hotel or offices, then your profit margin will go up to 80%. You can also stack your store with artificial flowers and gifts for extra profit.
If you are good at tailoring and dressing others perfectly, this business is for you. You can also set up your business at home and change clothes. This business requires little capital investment.
A tea shop is a low investment business. Indians love tea, so if you set up your booth outside colleges or offices your profits will be high. Many offices also have agreements with tea shops for daily delivery of tea to their offices.
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Agriculture is the most important sector of our economy. Many farmers need good quality seeds for their plants. Pay attention to the quality of the seeds when selling seeds because it will increase the demand for your seeds. You can avail this opportunity if you live near a village or an agricultural area.
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Drug store is undoubtedly the most profitable retail business. People often need medicine in case of emergency or illness. A medical store makes a profit of 60 000-80000 by investing 3-4 lakhs on medicines. Medical stores can generate huge profits immediately if managed properly.
However, how much profit it can make also depends on the type of medicine that the medical store sells. Usually the pharmacy shopkeeper earns 20-25% of the daily sales.
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Sarees are very popular and one of the best retail businesses in India and are worn by all segments of the market. If you are looking to start your own saree business, visit a few local shops to understand the market trend. Generally a good Banarasi saree is very popular all over India.
Decide the type of saree you want to sell, there are many popular varieties of Indian sarees.
Opening a gift shop in India requires serious planning and execution. Profit margins in running a gift shop are slim, so there is less room for error. The gift shop contains mostly personal and corporate gift items. You can also add gift cards to increase your sales.
Demand for beauty products is increasing as not only women but also men are conscious about their appearance. If you have an understanding of the beauty business and have capital investment, this business is for you.
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Cake shop in India is a fast growing and becoming a high margin business in India. Many entrepreneurs have their own manufacturing units and cater to cottage industries. You need to have proper packaging and marketing to boost your sales.
Perfume is the next evolution in how people represent themselves. Perfumery business requires moderate capital investment. You can sell perfumes from home as it doesn’t require much investment.
Sweetshop is a profitable retail business in India because sweets are manufactured in bulk and require less investment. There is no fixed price so you can get sweets at a reasonable price. You can open a snack store to increase your profit.
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A coffee shop is the most profitable retail business in India, but it requires heavy investment. Running a coffee shop business is not easy, you need positive cash flow and high sales to sustain it. Profit also depends on the area of your shop. Coffee shop is one of the best retail business in India. INR 10 to 20 lakh profit margin- 20% to 80% 2. Ice Cream Parlor Ice cream is loved by all age groups. And a very popular food item. You can consider opening your own brand, which is quite difficult, or consider starting a franchise for other reputed brands as it is a high margin business in India. Investment- Rs 5 to 10 Lakhs Profit Margin- 40% 3. Fast Food Restaurants Fast food is famous in India and already packed. This business is one of the highest profit margin business in India. If you are planning to open a fast food restaurant in India. Do a market survey of different restaurants – how they work and manage their restaurants, investments and profit margins. Investment- 10 to 50 Lakhs Profit Margin- 40% 4. Car Wash India’s automobile industry is doing very well and the vehicle population is also growing. Owning a car wash requires proper planning and a huge investment. The car wash sector is a very profitable retail business in India. Investment- INR 25 Lakhs Profit Margin- 40% 5. Two Wheeler Showcase Currently, the Indian motorcycle market has a double digit growth in sales. Opening a two-wheeler dealership is a profitable venture for young entrepreneurs. If you are planning to open a two-wheeler outlet, you need a strong capital investment. This business requires serious hard work and you must have proper knowledge of the business model. Investment- Rs 30 Lakh to 50 Lakh Profit Margin- 30% 6. Salon This business is the best retail business for women entrepreneurs with right knowledge. You can open your salon in your home because it saves a lot of capital. Investment- Rs.15 Lakhs to Rs.30 Lakhs Profit Margin- 10% to 20% If you are a woman entrepreneur looking to start your own business, don’t worry we have got you covered. Take a look at the best business ideas for women. The best business ideas for women [/tag/women-entrepreneurs/] They are venturing into many fields and industries where they were not in the past. They have broken through the glass ceiling for quite some time now, and are excelling in many careers. In this article, we will discuss th… Ashwini 7. Restaurant Food Restaurant is one of the best. Retail in India. Before you start a business, you should conduct a survey. This business requires high capital investment and also the highest profit margin business in India. Also, choose the menu and fares correctly before starting the business. Food restaurant is one of the highest profit margin business in India Investment- INR 15 to 30 lakhs Profit margin- 15% to 20% Marketing.
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