- Tuition Class
- Liquor store
- Kirana/ Grocery Shop
- Tea/Coffee shop
- Fitness Center
- Homemade Foods:
- Ice Cream Parlor
- Home Decorations
- Foods Stall
- Dance class
Part Time Business Ideas
Starting a new business, and coming up with new business ideas, is profitable for you. However, it is not as easy as you may believe; you have to go through a number of various plans and preparations. It involves lots of trial and error approaches. The best way to think of new business ideas is to research, while noting your expectations of your forthcoming business.
Running a part-time business is really fruitful and effective for you. It helps you to earn extra money and gives new modes to your career. However, part-time business ideas are less expensive and, if you manage your time, then it is the perfect thing to do. If you’re passionate about your part-time business, then go for it. There are many students in India who continue their study by working part-time jobs. Here are some pointers and suggestions that can really help you to move forward in your life.
- Think about which business you would like to do
- Decide how much time you’d like to spend each day or week making part-time money from your business
- Check ideas and suggestions from experts and gurus
- Prepare your lists
- Manage your time (Setting analysis and time-bound priorities)
- Involve yourself in marketing research (Niche marketing and marketing analysis)
- Research your product
- Be punctual and loyal to your job (Part-time business)
In any economy, part-time businesses really can earn you extra money, not to mention it gives you a back-up plan if you fail in your permanent job. It is a fact, though, that starting a part-time business is not an easier task; you have to go through proper planning and manage your time in regards to your permanent job/business.
1. Tuition Class
Investment | ₹50,000 to 60,000 |
ROI | 3 months |
Profit | ₹10,000 to ₹15,000 |
There are many proverbs regarding education. “Education is the light of life”, “Education is the key for success”, and many others. It is truly a fact that we are meaningless without education. Education is endless for everyone and it helps to make us civilized. If you are educated and you have a good sense of knowledge, then starting your own tuition centre is favorable for you. If you have a very low budget, then you can start your job from your home, too. You just have to invest your knowledge, rather than your capital.
There are several students who are running their tuition centre by doing their study. If you are a student and want to earn some extra income, then running your own tuition class is the best choice for you
What you will have to do:
- Collect white boards and markers
- Furniture and fixtures
- Books
- Others
2. Liquor store
Investment | ₹2,00,000 to 4,00,000 |
ROI | 1 to 2 years |
Profit | ₹30,000 to ₹40,000 |
If you have minimal capital to invest and want to establish any part-time business, then a liquor store/shop is the best possible solution for you. A liquor shop is the best business for you in every possible way. Nevertheless, you need very low investment with a high chance of returning from your total investment.
If you talk about liquor then it includes wine, beer, champagne, vodka, soft drinks, and many other drinks. However, you must establish your liquor shop in the perfect location, where you can yield fruitful results for your business.
Ultimately, I want to say it is the best part-time business idea for you. Go for it.
3. Kirana/ Grocery Shop
Investment | ₹1,00,000 to 2,00,000 |
ROI | 1 year |
Profit | ₹20,000 to ₹40,000 |
As we all know, we need food in our daily lives. We cannot survive without food. If you have minimum capital to invest and want to do some part-time business, then opening a grocery shop is the perfect idea for you. If you are doing any permanent job or business and want to do some part-time business to earn extra income, then I am advising you that a grocery shop is definitely the best solution for you.
What will you have to do?
- Make a business plan
- Manage your time (Setting analysis and time-bound priorities)
- Choose a location (Market or residential area)
4. Tea/Coffee shop
Investment | ₹2,00,000 to 3,00,000 |
ROI | 1 to 2 years |
Profit | ₹20,000 to ₹35,000 |
Opening a tea or coffee shop is really a great part-time business idea for you. In India, drinking tea and coffee is very common. You will find people drinking tea and coffee in each and every corner of the town. With a very low investment, you can get a high return in this business.
Perhaps everybody in India knows who V.G Siddhartha is. If you do not already know who he is, he is the owner of India’s number one coffee shop, Café Coffee Day. He originally established Café Coffee Day as a small coffee shop, but now in 2021, he is renowned as the one of the best entrepreneurs in Asia. It does not matter how much you are going to invest, it only matters how passionately you are going to run your business.
5. Fitness Center
Investment | ₹5,00,000 to 7,00,000 |
ROI | 1 to 2 years |
Profit | ₹40,000 to ₹50,000 |
As we all know, health is wealth–if you have good health, then you can complete your goal and if you don’t, then you will fail in your life. In modern context, everybody is and should be conscious about his or her health and life.
Opening a fitness center is fruitful and effective for you. However, you don’t have to invest a great amount of capital for it. You just have to bring in some gym equipment, trainers, and other staff members. Young people are always excited to join gyms and health clubs. Social media really helps you to connect with your potential customers and health club members. If you have part-time business ideas and want to earn extra income in your life, then opening a fitness center will be fruitful for you.
6. Homemade Foods:
Investment | ₹30,000 to ₹40,000 |
ROI | 6 months |
Profit | ₹5,000 to ₹8,000 |
If you are a good cook and want to earn some extra income for yourself, then you can supply homemade foods. If you have good knowledge of cooking, then homemade foods is awesome for you.You can make jam, jellies, and many other products. You will get high a rate of return from this business.
7. Ice Cream Parlor
Investment | ₹1,00,000 to ₹1,50,000 |
ROI | 6 to 8 months |
Profit | ₹10,000 to ₹15,000 |
If you want to be involved in any part-time business to earn some extra money (and you have low budget), then an ice-cream parlor is a gainful business for you in India. You can establish this business with minimal capital. You will also need a small space or small area. If you are able to work yourself, then you don’t have to hire any staff members. You can manage on your own.
As we all know, India is a country of festivals and celebration; we celebrate Dusshera, Diwali, Krishnajanmasthami, Holi, and Eid throughout the whole year. During the festival time, your business will really generate fruitful results for you.
8. Home Decorations
Investment | ₹1,00,000 to ₹2,00,000 |
ROI | 6 to 8 months |
Profit | ₹20,000 to ₹35,000 |
Every house needs decoration and modification. If you are creative and inventive, then home decorating is the best part-time business idea for you. People love to decorate their homes, especially during the times of wedding ceremonies, birthdays, and festive seasons. You do not have to invest a large amount of capital for it.
If you are enthusiastic about home decoration, then you must need some ideas and skills for it. You can take ideas and suggestions from experts and professionals.
What will you have to do?
- Make a plan
- Estimate your budget
- Involve yourself in marketing research and PR
- Develop relationships with your customers and clients
9. Foods Stall
Investment | ₹1,50,000 to ₹2,00,000 |
ROI | 1 year |
Profit | ₹25,000 to ₹35,000 |
If you want to earn extra income, then opening a foods stall is a fruitful idea for you. Opening a food court is a good business idea with very low investment. It is a great part-time business since you are able to run your business in either morning or evening time.
People have become very busy nowadays. They do not want to spend their valuable time in restaurants. Eating out in restaurants can be very time-consuming so if you are in a metropolitan area and going to open a food court, then I am promising you that you will see fruitful results.
Suggestions:
My suggestion is that you try to open your stall in a market area, near a movie theatre mall, or in a shopping complex. People love to visit these areas. You have a fruitful opportunity to get a good return of your investment.
10. Dance class
Investment | ₹1,00,000 to ₹3,00,000 |
ROI | 8 months |
Profit | ₹30,000 to ₹45,000 |
Dance and music are two sides of the same coin. Everybody loves to dance in his/her life. You can be a dance teacher or open a dance class, and you do not need to invest a huge amount of capital. A small amount of capital can be just as profitable for you. More than that, dancing is a big part of the culture in India; many parents want their children to learn how to dance from an early age.
In summation, I want to say that if you want to earn part-time money by doing part-time business, then this platform will give you plentiful chances and opportunities.
Team,
Want to set up cable tv business and vegetable shop business. Would you please share me a plan so that I can work on it. For TV cable, it would be a franchise business, just want to know as of ow to attract more customers and can expand more business.
Thanks
Great article. I really liked teaching online and web development as a part time income source. Thanks for this great list.