12.5 C
London
Sunday, July 7, 2024
HomeBusiness TipsBest Low-cost Business Ideas in Bangalore

Best Low-cost Business Ideas in Bangalore

Related stories

Learn About Opening an Automobile Repair Shop in India

Starting a car repair shop is quite a good...

Unlocking the Power: Embracing the Benefits of Tax-Free Investing

  Unlocking the Power: Embracing the Benefits of Tax-Free Investing For...

Income Splitting in Canada for 2023

  Income Splitting in Canada for 2023 The federal government’s expanded...

Can I Deduct Home Office Expenses on my Tax Return 2023?

Can I Deduct Home Office Expenses on my Tax...

Canadian Tax – Personal Tax Deadline 2022

  Canadian Tax – Personal Tax Deadline 2022 Resources and Tools...

Bangalore is well known in the tech community as Indian Silicon Valley. It is home to software and IT industries of all sizes. This high-tech city enjoys a stable economic condition and it is an ideal place if you want to get started with your small business in Bangalore with a small or moderate investment. 

According to a Forbes survey, Bangalore is touted as among the fastest-growing cities and it’ll become the economic hub of India within the next decade. What it means is that such growth will inevitably promote small businesses. If you are worried about ‘What business can I start in Bangalore’, then read on to find out the best Bangalore business ideas list below to get started with an idea that is suitable and inexpensive at the same time.

Did You Know?

Business ideas in Bangalore offer startups the best financial and infrastructure ecosystem, great co-working spaces, a high investor density, a large young workforce, low cost of living, great climate, proactive media, and over 1800 to 2300 tech startups to interact with.

Bangalore business opportunities to start your entrepreneur journey

Let’s look at some of the Bangalore business ideas that have the potential to be profitable in the city, whether small, work from home, or service-based business.

Small Scale Business Ideas in Bangalore

Fast food shop

Bangalore is a foodie’s paradise and it is a perfect place to start your fast food shop. You can think of starting or leasing a small mobile canteen at a busy locale, delivering meals to homes/offices, and so on.

Groceries store with home delivery option

This vibrant city is full of busy people who don’t have time for shopping groceries. You can start a small grocery store that has a home delivery option and in the future, you can even tie up successfully with larger grocery stores in the area. You can definitely exploit this wonderful business opportunity in Bangalore.

Tea and Coffee bar

A busy area with a working population means there is a great demand for coffee, tea, beverages, ice-creams, and snacks in a café-like ambience. You can explore a low investment business in Bangalore from a chai-kada to a relaxed cafe, depending on your investment capacity and experience.

Also read: Best Business Ideas to Start in Bangalore

Organic foods store

Bangaloreans are health conscious and prefer buying organic foods. If you own a piece of land, think of starting an organic garden that delivers daily organic products to customers like sprouts, leafy vegetables, home-grown tomatoes, etc. You can also rent such garden spaces or have a centralized location for other organic growers. This is an excellent business in Bangalore with low investment.

Home-made meals with doorstep delivery option

Bangalore is a haven for people wanting to eat homemade and freshly-cooked food. Lunchtime is peak-business time if you have a large working population nearby. You can also deliver to homes, offices, factories etc. Hence, this is one of the best business to start in Bangalore.

Bakery items, Chips and Sweet-meats Store

No matter where you want to start in Bangalore, a small unit that provides freshly baked bread, chapattis, cakes, chips and sweet meats is always profitable. Provide quality food with a twist in the USP like methi-chapatis or designer cakes and you can get ahead of the competition pretty easily. Accept bulk orders, tie up with corporate canteens, provide home deliveries and watch your profits grow in this unique business in Bangalore.

B & B or Breakfast and Bed facilities

Do you have extra space and rooms in your home? Consider having tourists and paying guests for short durations. Then this is among the best business ideas Bangalore has to offer. You can also arrange travel, sightseeing tours, and trendy experience tours to earn additional cash. Especially if you are close to the airport, cultural hub or tourist places, you can see significant growth in a short span of time.

PG or Paying Guest Services

There is a dearth of professional PG services, working individuals and students hostels in Bangalore. Bangalore traffic warrants staying close to workplaces and providing such PG facilities can be a profitable business. Rent a building, tie up with offices, institutions, colleges, and start a professional PG or co-working space and services. If you excel at management and love using spaces innovatively, you can be on the highway to make profits with this best business in Bangalore.

Gift and Souvenir Shop

Bangalore is Karnataka’s capital and a sought-after tourist destination. It is normal that small souvenirs of Bangalore are in high demand and provide great business opportunities in Bangalore. Start a small business with inexpensive gifts as gifting happens all year round in this tech hub.

Tourism & travel services

Bangaloreans love to get away from the busy city life and punishing work schedules. They would appreciate a break to refresh themselves, do something different and spend the day relaxing amid nature’s splendours. A luxurious stay at a farm, a new experience like dirt track bike riding, paragliding, trek trails, racing, and dinner by the pool is what a lot of young people in Bangalore crave. Just arrange for discounted deals and tours while watching your profits grow!

Real estate consultancy

People from outside Bangalore need accommodation, a lot of people buy and sell houses and farmlands, businesses need commercial spaces, residents need to change accommodations for various reasons, many people need a home, and students or working individuals need co-working spaces, PG accommodation, and so on. Starting a reliable consultancy for such needs can be very profitable in Bangalore.

Manage properties

Bangalore’s growth has also left a lot of property owners who find it hard to manage their properties, keep them safe from encroachers and legal tensions. You can cater to such clients where you manage properties, deal with property-related issues like fencing the property, collecting rents, and attending to tenant requirements.

Home cleaning and maid services

Homes need a deep clean and Bangalore’s working couples have hardly any time left to do so. Venture into a business model where you can commercially deep-clean and sanitize homes, provide verified maids for daily chores, take up cleaning of carpets, curtains, sumps, and in a short time build up your clientele list of satisfied customers in Bangalore. Especially close to Bangalore’s tech parks, this business can prove a sure hit.

Day-care and childcare services

Working Bangalore parents need daycare and childcare services where their kids and infants are secure and safe whilst they are at work. If you own or rent a large house, this can prove a fruitful business opportunity for you. Many stay-at-home mothers can also venture into this business depending on how many children they can accommodate.

Handyman services

Often homes just need a plumber, carpenter, electrician or handyman to take up small repairs and household needs. Commercial buildings, glass-facade towers, and institutions also use such services often. Catering to this huge demand can be a very successful venture that needs just a few well-trained people and can be set up almost immediately. 

Also read: Best Eco-Friendly Business Ideas in India

Flower delivery service

Flowers are used in decorating, wedding venues, themed parties, birthday bashes, hotels, villas, pujas and more. Delivering affordable bouquets and flowers over a phone call or online can be a great idea with a small investment.

The 100 Rupee Shop

Be it gifts, small household items, or knick-knacks, a 100 rupee shop is a great idea. People in Bangalore love inexpensive gifts like flower pots, cheap hand purses, wallets, ties, socks, pillowcases, curtain sets, household utensils, water-pots, and so many more items. Why not start a 100 Rupee budget gift shop for all occasions that allows you to make all-year-round profits?

Laundromats and dry cleaning services

Every household needs Laundromat and dry-cleaning services which is a time-consuming chore that most working people keep putting off. There are woefully few that can be trusted with cleaning clothes for working people, expensive saris, carpets, rugs, towels, and this creates a huge window of opportunity for you to cater to.

Mobile haircut or salon

Most people hate having to wait at the salon. You can start a mobile salon and haircut business from a van at a busy business centre. People can do with an affordable shave, haircut, the basic facial/make-up routines, nail painting, etc while working or interviewing. Solving just a very basic demand can be a profitable venture for you to exploit successfully. 

Videography and professional photography

All events hire professionals who can deliver good quality videos and photos of their business meets, birthday bashes, pujas, weddings, exhibitions, product showcases, etc. A small amount of effort, equipment and skill is required to get further orders and grow quickly in this Bangalore-based business venture.

Caterer business

All events like business meet, religious gatherings, parties, B-Day bashes, and weddings need catering services that excel in quality items served at the best price possible. While exploiting such small business ideas in Bangalore, you need not be a cook and can hire them to cook on-site or at your location and tie up with shamiana, furniture, labour and utensil providers. The investment promises fast returns and can be easily grown.

Broker of insurance and investments

This type of venture in Bangalore is sorely needed as there is a huge market for insurance products, investment plans, stock brokerage services, income tax and GST consultants.

Gym at home

If you have gym equipment, have a spare space in your home and love yoga, workout routines, dancing, kick-boxing etc, start your home gym. A large number of people do need such reasonably priced quick-routine gym services and this can be your way to profit in Bangalore.

Home-tutoring and tuitions

 There is always a need for home tutors, a helping hand or tuitions for school students, college-goers, young kids and pre-school kids. If you wish to use your qualifications and talent in explaining concepts well, start this home-based or online service and earn well.

Repairs of mobile phones and electronic gadgets

There is tremendous scope for repairs of mobile phones and electronic gadgets like computers, refrigerators, AC units, wash machines and microwave ovens. Though a lot of people are already in this business and the competition appears stiff, going online and providing home services is what is still needed and appreciated in Bangalore. You can also tie up with nearby showrooms and electronic shops as most devices may just need small on-site repairs.

Storage services 

This business is in demand post the pandemic. Many people who shift, small businesses with inadequate storage or warehousing facilities, a large number of online businesses and grocery shops need safe storage services. A reasonable price to store records, surplus stocks and unused furniture can be a win-win proposition for your business venture and customer. Use your garage space or empty rooms at your house. 

Also read: What are Some of the Best Business Ideas under 10 Lakh?

Online business ideas in Bangalore

Earn from online surveys

You can earn a side income by taking online surveys from apps like SurveyJunkie, PrizeRebel, etc. You can even earn from referring or inviting relatives and friends to join in on taking such surveys!

Online courses

 If you are an expert in any field, why not share your knowledge through an online course? You could teach people your skills through a pre-recorded course curriculum and take your business model online. For example, guitar, dance or yoga classes, technical subject classes for a particular topic like coding in Python, improving typing speed, first-aid classes and more can be taught. 

On-call auto repair workshop

Bangalore has a huge number of vehicles on the roads and a demand for mobile repairs on call. Bangalore can also be a profitable place to start an online body-building garage, towing services, on-site repair and cleaning services for automobiles.

HR and recruitment services

Bangalore is like all cities in a constant search mode for employees and employers. Bangalore offers great opportunities not just in software but a host of support businesses where a recruitment firm can be the matchmaker. 

Retailing online

 This venture just requires you to buy products, garments from a wholesaler and then retail them online with a fair profit percentage. It depends on how you get your contacts and customers. So be creative in your advertising strategy.

Bridal and event management boutique

 Weddings in Bangalore and India are festive occasions that start months ahead of the actual D-Day. They also need a host of services, wedding attire, shoes, handbags, and just valuable tips on designer weddings. Your boutique can be where they find the right celebratory attire, accessories, allied services and more.

On-site car wash services

A lot of people in Bangalore use their cars daily and find it hard to maintain and clean their cars on a regular basis. A cleaning service that offers to pick up and deliver a cleaned and washed car while at work could be a boon for many, and it can be a great business idea for you.

Also read: Excellent Business Ideas in Mumbai

Conclusion

If there is a demand, then your business idea can be successful and profitable too. Find out your niche and establish your business among the wide category of successful ideas. Follow Legaltree for the latest updates, news blogs, and articles related to micro, small and medium businesses (MSMEs), business tips, income tax, GST, salary, and accounting.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories