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30+ Profitable Service Business Ideas to start with low investment
April 25, 2020 Suresh KP
30+ Profitable Service Business Ideas to
start with low investment
The economy is moving into recession all
over the world. Many experts believe that
job loss / layoffs would increase. You might
be a frustrated employee or an individual
who might be planning to start a business
idea. However, you might be thinking that
starting a business would cost huge
investment. If you are one among such
individual, this article is for you. This article would provide 30+ Profitable Service Business Ideas
to start with low investment.
Also Read: 10 Most Profitable Business Ideas to start now
What are Service Business Ideas?
The service industry is growing at a much faster pace than the tangible production industry as there is
no or minimum financial risk involved in it. You need to keep the stock of any product and do not
block your capital. If you can serve your customers with ultimate satisfaction, there is no other
business like this.
30+ Profitable Service Business Ideas to start with low investment
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Here is the 30 service business ideas list that can be initiated with low investment. One should review
these business ideas and consider the one that suits best in terms of investment and their passion and
interest towards such business.
1) Accounting – Every small and medium-size business need accountant to keep their accounts
updated and prepare the financial statements. For this business, you need to possess knowledge of
various accounting software. This service can be pursued from home also. The people from Asian
countries are in much demand for this work in other foreign countries due to cost-effectiveness. You
can charge on an hourly basis or fixed income for this work. No investment is required for this
business.
2) Car repair service – If you possess the knowledge of basic car repairing, you can open a garage
that provides car service facilities. Moderate investment is required in this business. You can even
hire a man for this service.
3) Battery recharge service – Every vehicle requires a battery to operate. With the increasing
number of two-wheelers and four-wheelers around, there is a huge demand for battery-charging
service. You may need some capital investment for it.
4) Car wash services – Many people prefer car-wash services with highly specialized kits made for
these purposes only. For this business, you need a small space, manpower and car-cleaning kit. Low
investment is required for it. You can be a little creative and start dial-a-car-wash service where you
can pick-up the call, wash it and deliver to the owner. This is one of the unique service business ideas
to start with low investment.
5) Matchmaking services – Matrimonial service providers aim to provide a platform where the bride
and groom can meet and decide their way ahead. If you have a good social circle and possess
excellent communication skills, you can start with this business. You can even build an online portal
to expand the business.
6) Home cleaning services – In the new concept of construction, glass and other materials are used
which are not easy to clean by yourself. You need to have specialized cleaning services to keep them
spick and span. In this business, you offer cleaning services to the people at regular intervals like
daily, weekly or monthly. Dedicated manpower is required for this business. These days manpower is
scare and this could turn into a good profitable service business idea.
7) Catering services – Parties, functions, and weddings are ongoing events in one’s life. They need a
good catering service to make these events striking. You can provide catering services in such
3. gatherings. You should have good managerial skills and as well as good contacts to do this business.
8) Elderly care services – Disabled and elderly people are always in search of people to assist them in
old age to take special care of them. So, starting elderly care services for such people is an excellent
business idea. You need to provide caretakers for elders for a specific period of time. Charges for this
could be on a monthly or daily basis.
9) Financial planning services – People are always in a hunt of someone who can provide them with
good tips for parking their extra funds and providing them some good profits. Financial planners help
individuals to maintain a portfolio in the stock market, or mutual funds, or other investment tools. To
do this business, you need to clear examination and become a certified financial planner and SEBI
registered advisor. Do not start any such business without certification.
10) Electrician services – Good electricians are always in demand for commercial as well as
residential places. If you possess good knowledge in this field, you can go in this business. If you are
one among the crowd looking for small town business ideas that will stick, you can start this business.
11) Advertising agency – if some creative and good idea keeps popping up in your mind, this is one
good business for you. In this business, you are required to create a new advertising campaign for
business houses. You might need to work hard initially, but once you gain popularity you can earn
good sums of money.
12) Foreign language classes – If you possess knowledge of any foreign language, you can always start
coaching classes like French, German, Spanish, etc. For it, you need to have good command of your
subject. There is always a good demand for other language linguists. This is generally termed as self-
service business ideas as you cannot assign this to others, you need to run this on your own.
13) Fitness Center – These days people have become more fitness freak than before. If you are a
fitness enthusiast, you can think of starting this business. You can either provide personal coaching or
open your fitness center. It is always advisable to do a fitness course before entering this field. This is
one of the best profitable service business ideas to start with low investment.
14) Landscaping services – landscaping and gardening is another lucrative business idea in today’s
world. Residential as well as small and big companies require good landscaping at their places to lent
serenity to the environment. You can provide gardening and landscaping services to them. There is
immense creativity and growth potential involved in this business. This is good for those who are
looking for home service business opportunities.
4. 15) Art services – If you possess good painting skills or any other art, you can always offer your skill in
the form of service like if you are a good painter, you can open painting classes or make paintings for
the people on an order.
16) Home appliance repair services – Today, homes and offices are full of gadgets and electrical
appliances. They all need repair and maintenance from time to time. You can provide repair services
for these appliances and earn good profit. You can even create an online portal through which local
people can contact you.
17) IT services – No business, whether big, small or medium can survive without Information
Technology in today’s world. If you are an expert in the IT field or done any IT course, you can start
with your own IT services business. You are responsible for IT device installation, its proper
functioning and even hardware. This is one of the evergreen service business ideas that requires low
to moderate investment.
18) Interior designer – If you have a creative instinct, you can try for Interior Designing business. In
this, you are responsible for beautifying the interiors of residential as well as commercial places. You
must do the interior design course that can add value to your business. This is one of the creative
service business ideas for a low investment.
19) Dry cleaning services – It is another low investment business with good profit margins. Today,
people are fond of wearing exclusive clothes that cannot be washed at home. You can provide the
laundry services for them. Along with it, you can even offer carpet laundering etc.,
20) Maid on-demand services – Responsible maids and housekeepers are always in great demand in
India. You can provide maids to the needy people and earn a good commission in between. This is one
of the profitable service business ideas in 2020. Such ideas can create home service business
opportunities.
21) Tiffin service – If you possess decent culinary skills and fond of making food, you can start with
tiffin service. Many people in metro cities crave for homemade, simple and tasty food. You can take
daily or monthly tiffin orders and earn a good profit out of it.
22) Coaching classes – It is one of the evergreen business ideas. If you have expertise in any subject,
you can always start its coaching classes. It is one of the most profitable ideas which can fetch huge
sums of money.
23) Travel agency – People are fond of traveling in the homeland as well as abroad. You can help
them with their flight bookings, stay arrangements, sightseeing, travel insurance, etc. If you have
5. good knowledge in this field, you can start with this business.
24) Mobile repairing services – The usage of mobiles, rather smart phones is increasing day by day. It
has given birth to a new business of mobile repairing. Before opting for this business, you should do
the mobile repairing course. It is a business with good future potential.
25) Music classes – If you are an expert in playing any musical instrument, you can always open a
music teaching class. People are fond of learning musical instruments and it makes this business very
rewarding. This is one of the best service business ideas to start who is passionate about music.
26) Packing and moving services – This service help people relocate from one place to another. The
agency keeps competent manpower and stuff that help people to pack and move the entire items
from one place to another with ease and without any brokerage. This service business idea need low
to moderate investment.
27) Pest control services – Pest control service providers provide services for making the homes and
offices free from pests, ants, and mice, etc. There are certain restrictions imposed by the
government on this business like material used location etc. You should conduct proper research and
obtain licenses from local authorities before starting this business.
28) Plumbing services – Efficient plumbers are always required in old as well as new buildings. If you
have proper training and equipment regarding this service, you can start this business. You can even
hire people who can provide this service for you.
You may like: 20 Part Time Business Ideas to start in your idle time
29) Recruitment agency – A recruiting agency acts as a bridge between the recruiter and the
employee. It helps people to find new jobs. To do this business, you are required to collect data of
candidates who are looking for jobs and then match them with the company’s data who are searching
for employees.
30) Event planner – Creativity with meticulous planning is the key to this service. People want to
make their weddings and functions memorable. Event planners take the duty of executing the events
from beginning till the end to ensure that it runs very smoothly and everything is in the proper place.
It can fetch huge sums of money once you gain popularity. This is one of the most profitable service
business ideas to start with low investment.
31) Photography – If you are good at photography, you can always adopt it as a profession. Unique,
interesting and good photographs are always in demand by newspapers, magazines, and websites. You
6. « Franklin India windup 6 Debt Funds – What should I do now?
can even provide your services at weddings, or events. You can sell creative photos online which could
be one of the best online service business.
Conclusion: If you are tired of working for others in a 3×3 cubicle, you can take up a step ahead and
work for yourself. You can choose one of the service business ideas give here. As indicated, pick-up a
service business idea that suits you better in terms of investment and in terms of what you are
passionate about.
If you enjoyed this article, share it with your friends and colleagues through Facebook and Twitter.
Suresh KP
30+ Profitable Service Business Ideas to start with low investment
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