Thriving Small Scale Businesses with Minimum Investment in Kerala

The state of Kerala in India offers numerous opportunities for individuals looking to start a small business with minimal investment. Here are some of the best options that can be pursued, along with detailed insights into their feasibility and required capital.

Small Scale Businesses in Kerala

Kerala is an ideal location for entrepreneurs seeking to start a business with limited investment. Whether it's catering, consultancy, e-commerce, or tourism, several ventures can be launched with a small initial budget. Below are some of the most promising business ideas along with their estimated costs.

Catering

Catering services are in high demand, especially during special occasions and events. Opening a catering business can be a lucrative venture with an estimated investment of around 20 lakhs. Key considerations include obtaining necessary licenses, acquiring equipment, and building a network of clients.

E-commerce

The e-commerce sector is experiencing steady growth in Kerala. Online markets are highly accessible, and starting an e-commerce venture can be done with an investment of approximately 5 lakhs. This includes setting up an online store, marketing, and inventory management.

Consultancy Services

Consultancy services, such as legal, financial, and marketing consultancy, are well-suited for those with relevant expertise. These services can be successfully launched with an investment of 15 lakhs, which covers marketing, setting up an office, hiring staff, and client acquisition.

Tourism

Tourism is thriving in Kerala, with attractions for both domestic and international tourists. A small-scale tour operation can be started with an investment of around 5 lakhs. Factors to consider include securing permits, arranging transportation, and ensuring quality customer service.

Ad Media

Ad media includes advertising and marketing services. Starting such a business involves an initial investment of 8 lakhs, which can be used for setting up an office, purchasing marketing packages, and hiring a team.

Data Entry Services

Data entry services are a low-investment option for those with a good understanding of the field. Several companies offer outsourcing services, providing a range of projects with handsome payouts. According to Progressive Softwares, which has been in the data entry outsourcing business since 2009, the following projects are available:

Banking Loan Form Filling Project - payouts: Rs. 132,000 per seat Healthcare Insurance Form Filling Project - payouts: Rs. 140,000 per seat Stock Material Form Filling Project - payouts: Rs. 114,950 per seat Proof Reading Project - payouts: Rs. 25,000 per seat Numerical Entries Project - payouts: Rs. 35,000 per seat Medicare Form Filling Project - payouts: Rs. 100,000 per seat Indexing Form Filling Project - payouts: Rs. 139,500 per seat Mortgage Data Entry Project - payouts: USD 1,000 per seat

These services include online training, technical support, demo work, and legal agreements. Individuals can reach out for more details on these projects by contacting the company via WhatsApp.

Franchise Business

Another option for low investment business ventures is owning a low-cost franchise. A franchisor provides operating systems, procedures, and support for marketing, accounting, and other aspects of the business. This can be particularly beneficial for those new to a particular industry. Franchisors can offer substantial loans to assist with start-up costs, making the venture more accessible.

Specific Franchise Example: Phixman

Phixman is one such popular franchise in India, particularly for online mobile phone repair services. The company has gained significant attention due to its success and reliability. Key points to consider:

Significant Capital Required: While Phixman is successful, it typically requires a substantial initial investment. Large Overheads: Operations involve renting a space, purchasing repair tools, and acquiring marketing materials. Borrowed Capital Utilization: Appropriately managed, borrowed capital can be repaid with profits from the business. Extended Warranty: Clients receive a one-month warranty, which can enhance customer satisfaction and attract repeat business. Customer Convenience: Services are available at home, meeting the high demand for smartphone repair.

Phixman stands out as a reliable and promising business venture. Thanks to smartphones becoming indispensable, the demand for reliable repair services is high. Opening a Phixman franchise can be a significant investment, but it offers substantial returns and an opportunity to serve a growing market.

For more information on these business ideas or to receive more detailed guidance, individuals can connect with the author or relevant service providers via WhatsApp at 91-9744723206.

Key Takeaways:

Various business options are available in Kerala with minimal investment. Data entry services and franchise businesses offer lucrative opportunities with low initial costs. Phixman, a smartphone repair service, is a successful franchise for entrepreneurs in Kerala.