Do you want to start your own business? If so, you’re not alone. According to the Business Formation Statistics report from the United States Census Bureau, more persons launched a new business in the year than at any other time since the agency began keeping statistics. The country is going through a fresh business boom.
You may be ready to start your own business from the ground up and are seeking a business concept that you can implement rapidly. Alternatively, you might establish a low-cost side company while working a full-time job.
In any case, becoming an entrepreneur is a great opportunity to boost your income, secure your employment, and experience the unique excitement of being your own boss.
Low-Cost Part-Time Business Ideas for Students in India
1 Become a Tutor
Starting a tutoring company allows you to leverage your knowledge, expertise, and talents to help students one-on-one. You might give remedial tutoring, help a child remain on top of current assignments, or assist gifted pupils in learning advanced subject material. Educating parents about how one-on-one tutoring may help their kid excel in an academic context is critical to converting your tutoring talents into a revenue-generating company, regardless of the sort of tutoring you do.
Tutoring is required for children of all ages in math, science, literature, foreign languages, and other subjects. If you are knowledgeable in a certain field, you may utilize your expertise to assist others to achieve.
2 Become an Agent
A person who has been legally authorized to act on behalf of another person or corporation is referred to as an agent in legal terms. An agent may be hired to represent a client in third-party negotiations and other activities. Decision-making authority may be granted to the agent.
The agent acts as a link between any two parties, the agent takes a commission from both the parties, which generates the link between any customer and any product, provides the customer to the company, and provides any service or service to the customer. Makes the product available. Now let me give you an example, of how you can earn money sitting at home by becoming an agent.
This is very simple as if you live in a town, there is a school or college near you, whatever is there, people keep coming and going, people from outside come and work there, or live there for a few months or years. , they must wake up to live now. Now go to the houses which are in your area, take some time out, and ask them whether you want to rent a room.
You can now link between those who want a room to live in, and those who want to rent their rooms, and you can charge a commission between them.
3 Chain Marketing
Network marketing is a commercial strategy that uses a strong distribution network to grow a company. To make money, three basic sorts of systematic tactics are commonly used: lead generation, recruiting, and building and management. There are three types of network marketing: single-tier Network Marketing, two-tier Network Marketing, and multi-level Network Marketing.
Simply said, network marketing is a business model in which independent agents sell to other individuals, usually from the comfort of their own homes. If you start a network marketing company, you may need to build a network of business partners or salespeople to assist you to create leads and closing sales.
Layers of salespeople are routinely created in network marketing businesses, with salespeople paid for recruiting their own sales networks.
4 Book Publishing
According to statistics, 81 percent of individuals have a book inside of them, but only 1% of them write it. Maybe you’re one of the one percent who wishes to share your experiences or expertise with the rest of the world.
Making a living as an author isn’t the greatest way to go. Most books don’t sell 5,000 copies, and many writers sell far fewer, especially when self-publishing. Writing books, on the other hand, maybe successful if you have a wonderful tale that is well-written and planned, as well as a marketing plan that reaches your target demographic.
This business idea is for those who like to write, whatever you write, everything is sold in the market. I am right, you start writing. Write any story, Poem, Poetry, comedy, write anything, write on any topic, just keep in mind that the topic on which you are writing should have only good quality. Not writing much 15-20 pages only. You can sell it sitting at home, by creating an account on Amazon Kindle App. When your book sells through this app you will get royalty Income.
Electrician firms are largely concerned with maintaining and repairing electrical systems in homes and businesses. It is extremely specialized because it is a trading business. Furthermore, local and state governments frequently prevent non-tradespeople from working on electrical systems. As a result of these concerns, skilled electricians are frequently in high demand.
Customers pay electricians for their services, which is how they generate money. They may bill on an hourly basis or charge a set price for their services.
This company’s preferred customer type is commercial accounts. Residential customers, on the other hand, might be a consistent source of revenue provided the organization can serve a diversified customer. Contracting with a Homeowners Association or another structured community to service residential clients is one example.
For this business you don’t need any higher qualification or degree, because customers never ask you if you have any degree or not, you need only experience to repair the electronic product.
6 Content Writer
The process of designing, creating, and revising web material, usually for digital marketing objectives, is known as content writing. Writing blog entries and articles, scripts for movies and podcasts, and material for specialized platforms, such as tweetstorms on Twitter or text posts on Reddit, are all examples of this. The average yearly income for a Content Writer in India is 3.0 lakhs, with a range of 1.2 lakhs to 6.2 lakhs.
7 Drone Operator at Wedding/Function
Aerial photography is now easily affordable for photographers because of the introduction of low-cost drones with high-resolution sensors. Drones can safely operate at far lower altitudes and in more limited locations than airplanes, and images and video recorded from the air provide a viewpoint that cannot be duplicated from the ground.
Drones are increasingly often used by photographers and filmmakers to capture high-quality photographs and video from the air, including shots of:
- Sports competitions
- Weddings and other special events in real estate
- Film and television topics
Photographers can operate as freelancers and contract with individuals, such as brides and grooms, real estate brokers, and company owners. Selling stock photographs to sites like Getty Images is another way to profit from your drone photography company.
8 Tour Guide
If you’re a people person who can give a local’s viewpoint on a place you know well, being a self-employed tour guide or starting a tour guide business can be a good fit for you. Many people are seeking off-the-beaten-path experiences that are different from the typical excursions they may take. Some people are seeking personalized or one-of-a-kind experiences that they can tell their friends about. There’s always a market for guided experiences if you reside in the appropriate spot.
9 Travel Planner
Travel agents can either work for a travel agency or work for themselves.
Travel agents generate money in either case by reserving portions of travel for a customer or group, such as airline, rental car, and/or hotel reservations. You won’t get paid until the last payment is made.
If they work for a large travel agency, travel agents are paid a salary. Travel agencies may also give their staff a bonus or additional commission based on the amount of business they book.
Travel agents who work for themselves earn money mostly through commissions or by charging a charge for planning services.
You’d think that, currently, the travel industry would be moving away from employing travel agents and agencies. However, many tourists find the overabundance of options and time required to explore them daunting. This emphasizes the advantages of working with a travel agency or travel agents.
10 Social Media Marketing
Today, no business can thrive without a strong social media presence. This has resulted in some fantastic social media and digital marketing gigs that you may undertake in addition to your full-time employment.
Starting a social media marketing company isn’t difficult if you understand how platforms like Facebook, Instagram, and TikTok function and are familiar with SEO. Furthermore, if you own a personal laptop, you may get started with a minimal investment of Rs 5,000 to Rs 10,000 to buy marketing tools.