Are you looking for the best business ideas for women with low capital investment? Then read this article till the end to know what are the most profitable business ideas for women, that make the best use of your knowledge and skills, while making money for you.
Often it happens that you might have a great business idea but are not sure of the execution. Thus you tend to lose interest gradually. Thus it is important that you focus on these 3 key steps while starting a business from home or anywhere, with little money.
Decide the type of business you plan to start. Take the decision based on your passion, knowledge, skills, and expertise.
Prepare a simple business plan. Many tend to miss this step and jump straight into the business, but, trust me, this can be a bad idea. You can write a simple business plan to cover the basics. Later you can expand it, as your business grows.
Have a budget for your business. Ideally, it should cover the business funding and expenses for the next 6-12 months, expected profit during this period, emergency funding, and so on.
Best Business Ideas For Women With Little Capital Investment But Huge Profit
So, let’s dive into the best business ideas for women, to start with little capital.
Start a Freelancing Business – One of The Best Business Ideas For Women With High Income Potential
Are you good at writing/ graphic designing/ translation or other such services? Then consider starting a freelance service business without any significant investment. You simply need a laptop and a stable internet connection to get started. The best part is that you can start making money from day one if your freelance services are really good!
Become an Online Tutor – One of the Top Online Business Ideas for Women
Check Facebook or Instagram and you will be amazed to find so many lady tutors and coaches offering different types of courses. Yes, the online tutoring business has grown rapidly in the last few years. And, if you are confident about teaching a specific subject or skill, then you can start offering online tutorial services on Facebook or Instagram. Else you can launch your own website to offer coaching services.
Set Up an Etsy Shop to Sell Art Products
This is a great business idea for creative entrepreneurs. You can make and sell lots of art and craft products on Etsy, e.g., home decor, office products, gift items, fashion jewelry, and so on. While Etsy charges a small amount to allow you to sell, you can promote your Etsy shop for free.
Become a Social Media Consultant – A Trending Business Idea For Women
You can’t deny the power of social media, right? And this is where the opportunity lies for business-minded women. You can help small businesses grow their social media presence by offering necessary consulting services. Usually, such services fetch you a good deal of money and let you serve a client base worldwide.
If not sure about getting started, you can join a social media marketing course on Coursera, Udemy, or SkillShare to learn the tricks of the trade. Rather than focusing on all the social media platforms, you can offer Facebook or Instagram marketing services. Once you feel confident serving more, you can add extra services to your package.
Start a Food Delivery Business
Turn your cooking skill into a highly profitable business. This is a high-demand business idea for women. Why? Because people need to eat. And once they fall in love with your preparations, they keep coming back to you. Thus it’s quite an economical and high-profit business idea for women to make a steady income. The only thing is that you need to be careful about food quality and delivery services. Else, customers may move on to the next available food delivery option.
Start Offering Investment and Financial Advisory Services
Do you have prior experience working as a financial advisor? Are you good at managing home finances? Do friends keep coming to you for investment-related guidance because you have in-depth knowledge of financial instruments? Then you can start a financial advisory business. This is a low-cost business idea for women to generate high-profit by helping others make money! You need good communication skills to become successful in this business.
Make and Sell Candles Online
Candles have various uses, be it at home, temples, churches, special events, restaurants, etc. Thus candles are in demand always. Nowadays, people don’t mind spending money to buy bright-colored, aromatic candles for healing, meditation, and relaxation.
To start a candle-making business, you need a few basic items like wax, wicker, molds, scent (optional), and colors (optional). After making the candles, you can take a few nice pics and start selling them on social media platforms. A better approach is to study your competitors to know what types of candles are selling more and at what prices.
Become an Online Shopper
Do you have good knowledge of the different e-commerce websites? Are you good at tracking discounts and deals offered by the top marketplaces? Then you can use this skill to help people save money while buying online. You can target busy individuals who don’t have the time and patience to keep track of the ongoing deals and discounts. And if you can help someone save $100 on a specific purchase, I am sure they won’t mind paying you $20 for that. And you can make this money doing something you Love, i.e. online shopping!
Start a Blog
Many may wonder whether starting a blog is similar to starting a business? The answer is ‘yes!’ You can run your blog or vlog like a business provided you know the rules.
How to Run a Blog Like a Business?
Research and select a profitable niche to start your blog.
Choose a suitable domain name and hosting service for your blog. Don’t settle for a sub-standard hosting service because it might affect your blog performance in the long run.
Design your blog well with a logo, and tagline. Make sure the blog looks good and user-friendly.
Write at least 50-60 high-quality blog posts. Take care of your blog SEO.
Share your blog posts on social media to make sure your blog gets more followers.
Apply the right monetization strategies. The most popular ways to monetize your blog are Google Adsense, Affiliate Marketing, Sponsored Posts, Selling digital products and online courses, and so on.
Start a Beauty Related Business
Beauty is one industry that women can nail for sure. Also, considering the fact that more and more women are becoming aware of their looks irrespective of age, this presents a great entrepreneurial opportunity for women. If you are the one who can understand the customer’s beauty needs and deliver the best at affordable prices, you can consider starting a beauty-related business.
Best Beauty Businesses For Women That Make the Most Money
- Offer spa and salon services at your home or at the client’s space. You can focus on specialized hair care, sensitive skin, and anti-aging services to attract clients quickly.
- Set up a nail art studio
- Offer bridal makeup services at the client’s place.
- Offer mobile foot massage services.
- Start a beauty vlog to sell organic beauty and hair care products.
- Teach beauty and makeup online and help women start their own businesses.
Creative Ideas for a Startup Business
Stitching and Embroidery Business – One of The Evergreen Best Business Ideas For Rural Women
We all love and adore beautiful embroidery work on sarees, dresses, and accessories, don’t we! And this is why the stitching and embroidery business has an evergreen appeal. Especially women in rural areas with little or no education have very good stitching and embroidery skills which can be monetized easily with the right guidance. Embroidered handwork is highly valued worldwide and makes good money always. Nowadays many voluntary organizations are working with these women, helping them sell their handwork at good prices.
Open a Takeaway Counter or Food Joint
According to industry experts, food joints will never run out of business, provided they serve quality food items. So, if you are looking for the best business ideas for women with low capital investment, then you can consider opening a food joint.
You don’t need to open a full-fledged restaurant in the beginning. Rather you can start the food joint from a spare space in your home, maybe the backyard or empty garage space. You can start with a few dishes e.g. healthy and wholesome breakfast items, evening snacks, juices, and shakes. However, to start any food business, you need to get proper licenses and NOC, e.g. food license, trade license, NOC from the fire department, etc. So, make sure you address these legal issues before opening a food joint.
Start a Music and Dance School
Are you a good dancer or choreographer? Perhaps your singing is praised by your friends and family? Then you can consider starting your own music and dance school. If you have room to spare, you can run the school right from your home. Else you can rent a small space.
However, this business might need a little investment in marketing to spread the word about your music and dance school. If you decide to hire dance teachers, music teachers, and musicians then those expenses should be considered too.
Conclusion
I do hope the above list of best business ideas for women helps you pick the right business venture, matching your skills, passion, and expertise. If you find the post useful, then please share it to spread the word!
