Many of us have a dream to start our own business. Irrespective of the business concept, people try their best to give in everything they have. Many even quit their well-earning jobs in hopes to start their own enterprise.

While there might no be a lack of ideas or vision, not having suffient funds can become one of the biggest drawbacks for many.

To help you with this, here are some of the best low-cost business ideas that one can start and earn well in return.

Data Entry

For many companies, organizing their valuable data electronically is very important to run a smooth business. However, the task requires a lot of hours and manpower. To make things feasible, many companies outsource the task to other companies.

There are many Data Entry companies that are earning a lot of money by providing this service to multiple companies at a time.

Cooking Class

If you have the cooking skills and love to cook, you can easily teach others your talent. A culinary school has so many prospects. From teaching different types of cuisine or having a bakery class, people are keen to learn nowadays. To start small, all you need is a functioning kitchen and ample space to accommodate students for the class. Or you may even start a virtual cooking class.

Yoga Centre

For all those who have a knack to exercise regularly, you can easily earn from something you enjoy doing. All you need is a yoga teacher certification and a spacious place to start your centre. From there you can expand as you start getting more and more clients.

Tiffin Centre

With the number of working people living in big cities, tiffin centres have been earning a lot. Due to the lack of time and energy to be able to cook for themselves, tiffin centres are a very common business concept. Many people have started this business in their homes and are usually run and managed by the family members themselves.

Bakery Shop

The trend for in-house bakery has increased a lot over the years. Talented men and women have started making and selling baked goods from the comfort of their homes. This business is easy to start and requires very little investment initially. One can expand as word of mouth spreads.

Youtube Channel

For many of the business ideas discussed here, one can make videos and post them on their Youtube channel. If you are good in a subject or cooking or even enjoy doing yoga, you can post the videos which can help you earn more.

Freelancing

From being a photographer to a content writer and many more, there are many freelancing jobs that you can pick from and provide services on your own terms.

Event Planning Business

If you have a good insight into the industry and love planning and organising events then this business idea can help you earn so much. All you need is connections with local vendors that will help you organise the events successfully.

Creche Service

For all the working couples, having a good and trustworthy creche service nearby is very much needed. There is so much you can earn by providing a creche service.

Organic Soap Business

There are so many people I know who have started an organic soap making business at home. You can gather customers through online posts and word of mouth and if your product is of good quality you can start approaching local vendors and expand your manufacturing unit.