Micro businesses contribute the most to GDP of India. From 30% to 35% of the total GDP of which 99% is the micro business sector. As we all know lockdown has grown our creative brain drastically. Are you thinking of starting a micro business? Do you want to be part of this creative field? But you are still exploring. There are new businesses emerging daily in this sector. Let’s help you find out your passion more deeply. As the first step to start a business is to know what you want to offer by your business.
Here is the list of top 10 ideas you can use to start a micro business.
You can manage social media of different brands. You yourself are a user, so if you think you keep up with trends and can bring their company to limelight and boost their social media game, then go for this.
You can earn around Rs 50k in this job profile as a freelancer or with your team depending on the budget and work of the client.
Individuals who have experience in event planning or even have a high active organization with communication skills; you can try your luck by being an event planner. Event planning takes multi-tasking and good managerial skills; it needs a creative head too for planning unique venues etc.
On an average, an event manager can earn around Rs 50-70k depending on the client.
If you have an extra room in your apartment or an extra space or apartment all by itself why not put it up on Airbnb that can help you earn some cash from the rent you receive.
Depending on the services that you provide to the guest and location of your Airbnb, you can earn anything around Rs 30k to Rs 1 lakh from this.
Web designing is a field that has been noticeably rising for its demand in the business world. Since the internet started it has increased rapidly. It has a high demand for employment of creativity and talent.
Web designers can earn around Rs 20k to Rs 50k per project they work for as a small business in India.
A graphic designer can work independently on desired products and services by the company. They can pick projects from online platforms or recommendations.
Graphic designers usually earn around Rs 20k to Rs 50k per project.
Opening up an online store on social media platforms or stores can help you sell your products and services. You can put up your products online and earn money.
An online business can give you maximum profit depending on your reach. Sales and earnings of every sale multiply by time.
SpidergG can provide a very good and efficient automated payment and collection system.
If you enjoy baking and want to build your micro business around it, you can start an online baking business where you can customize cake orders for your customers for different occasions. You can put pricing according to the cost and effort it took to bake a cake order.
As an online baker, one can earn anything around Rs 20k to Rs 80k per month.
Ghost writing is a very new term in this field; it is more of a full-time work but works based on projects. If you belong to the writing industry, you can write novels as a ghostwriter for other individuals while earning thousands of dollars from a single project.
As a ghost writer, projects can get you anything from Rs 50k to Rs 2 lakh per project.
As a blogger you can earn good now-a-days. There are a number of good ways to earn with blogging like doing sponsored blogging, writing paid reviews, selling subscriptions etc.
Something on, how to start writing blogs? And how to earn more from blog, click here.
Bloggers earn around Rs 756k per month depending on the size of the brand you write for. In India blogging businesses can get you this much amount.
Affiliate marketing is one of the growing fields among our internet generation, which allows users to earn money by marketing or selling some other site’s product on their blog or websites.
Pursuing affiliate marketing as your micro business idea can get you around Rs 50k per month.
This is a tutorial video for beginners in affiliate marketing on YouTube check it out for understanding better.
The scope of micro businesses and start-ups has been exceptionally rising globally over the past few decades. With the emergence of “make in India” the country is moving towards being a self reliant economy. It is a great time to kick- start your business now. Be your own boss and go for it.