Home-based Business Ideas for Women Entrepreneurs

Women entrepreneurs account for a significant portion of the Indian market. According to data, the MSME industry comprises 20.37% of women entrepreneurs. The factors fuelling the penetration of women entrepreneurs in the economy include increasing literacy rates, government initiatives, and easy access to funds. 
 
If you are looking for an amazing women's business idea, then your search ends here. Today, we will look at some of the best business ideas of 2022 for women entrepreneurs.
 

Top 10 Business Ideas for Ladies with Low Investment in India

 

  1. App Development

    Are you feeling stuck in your 9 to 5 IT job? If yes, it's time to put in your papers and embark on your entrepreneurial journey. App development is one of the hottest businesses today. Thousands of new businesses register every day, and the first thing they look for is an app developer. Depending on the company's size and app's complexity, you may charge a few lakhs per application. In addition, you may also start web designing services. 
     
    The best aspect of this business is it requires zero investment. You need only a high-quality laptop and good Internet connectivity to start this business. Now, if you are wondering where to get clients from then you must know there are several freelance platforms where you can get work at an hourly rate. You must develop your website to make yourself searchable on Google.
     

  2. Social Media Influencer

    We don't think that this concept needs an introduction. Anyone with any talent can become a social media influencer. If you believe you have excellent fashion sense or that no one can match your cooking ability, put it online on social media. Start your journey by creating a YouTube and Instagram account. More subscribers for your channel and more engagement on your posts mean more income.
     
    Social media influencers also earn through paid marketing and promotions. For example, if you are a yoga instructor, organic food or dietary supplement companies may contact you and offer you money to promote their products on your channel. Depending upon the number of followers/subscribers, you can charge accordingly.
     

  3. Fashion Designing

    Businesses that revolve around apparel and jewellery are loved by women worldwide. If you have a great sense of fashion, why not make money through it? You may start designing clothes and consider opening your clothing store. You can also sell designer clothing online. 
     
    If you have a spacious home or vacant apartment, you can turn it into a studio. In addition to selling, you may also use your expertise to train others. 
     
    Businesses related to fashion designing need a few lakhs to get started. With the easy availability of business loans, you don't have to be concerned about the funds. 
     

  4. Interior Designing

    If you are familiar with the 50 shades of wall colours and enjoy experimenting with new decor ideas in your house, why not give a try to interior designing business? When it comes to starting this business, be selective. For example, if you are an expert in kitchen and bath design, don't opt for the living room for the sake of profit because it will ruin your reputation.
     
    Make sure you have a professional website with your work portfolio on it. In case you are new to this business, first, build your portfolio by working for your contacts.
     

  5. Rooftop Cafes

    Rooftop cafes are unquestionably the trending business right now, but becoming a successful restaurateur in this segment requires a lot of creativity. 
     
    You might use theme-based interiors to create a relaxing atmosphere. Look for accent lighting and set a large table lamp beside each table. Make a special effort to pick up the furniture. If you don't have enough space, consider using coffee tables. Prepare for the possibility of rain. Rooftop cafes can be built at home, depending on the size of the terrace. However, set aside enough funds to cover your grocery needs while preparing the budget.
     

Also Read: 6 Things To Keep In Mind If You Want To Start A New Business After COVID-19

 

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  1. Handicraft Business

    Handcrafted items are in high demand. If you have a craft skill but use it merely as a hobby, then now is the time to transform it into a lucrative business plan. Start by researching the market. Assess if your target market prefers custom art, handmade artificial jewellery, or traditional Indian art. Create a website or register on an e-commerce platform and you are ready to start selling your artwork. Look for opportunities to conduct timely workshops online and use social media as a marketing platform to promote your business. Contact local artisans if you want to expand your business and need more experts on your team.
     
  2. Event Planning and Catering Business

    If planning and organising events—be it birthday parties, weddings, gatherings, and more—are your kind of things then give event planning a shot. Put your passion and knowledge to good use and earn profit from it. The event planning industry is growing fast, especially in urban areas, with more and more people willing to spend on specialised, theme-based events.
     
    Start your career by organising small events such as birthday parties and pre-wedding ceremonies for friends and family, gradually taking the business to the next level where you may manage major corporate events and big fat Indian weddings. In addition to managing events, you may also provide your catering services for such functions. 
     
    Event planning is one of the most cost-effective entrepreneurial ideas for women. You only need skills and connections with experienced photographers, decorators, DJs, and other professionals, and you can create magic for your clients.
     
  3. Online Teaching or Home Tutoring

    Teaching is another option for an online business for women. The lockdown during the COVID-19 pandemic has helped this field gain popularity. Be it any competitive government exams or school/college courses, the number of students turning to the online medium has increased significantly. You can start this business by creating your own YouTube channel or developing your education app. If you don't want to move online, start home tutoring.
     
  4. Digital Marketing

    The future is here in the form of digital marketing. Post pandemic, companies are spending heavily on digital marketing to reach new customers and make their brand visible on the Internet. Digital marketing is a broad domain with numerous choices. You can start by offering content development, copywriting, proofreading and editing services. Here, you may either charge on an hourly basis or per word basis. Graphic design is another aspect of digital marketing that is in high demand. Start a full-fledged SEO agency from your home if you are familiar with the technical aspects of online marketing such as link building, site architecture, and keyword research.
     
  5. Financial Advisor

    Another best business idea for women at home is to become a financial advisor. If you have a solid grip over finance, the financial industry has ample opportunities for you. You can become an independent financial advisor and start selling mutual funds and insurance products. The insurance industry provides a high brokerage. You can earn a commission on some plans.
     
    You may also tie-up with several financial institutions and sell their loan products independently as a Direct Selling Agent (DSA). The commission for selling loan products is based on loan type and amount.
     
    Apart from that, a portfolio management service (PMS) is also an option for you. Before starting this business, check the list of mandatory certifications and licences. 
     
Also Read: The Different Types of Business Loans for Women Entrepreneurs
 

To Conclude


Kickstarting your entrepreneurial journey is no more just a dream. The readily available finances and affordable business loan interest rates make it possible for women entrepreneurs to launch and expand their businesses. However, before taking a step ahead, conduct cost analysis, market research, and review the qualifying conditions of various lenders. It will assist you in determining how much you should invest at the start.
 

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Written by  Katyaini Kotiyal

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Katyaini is a finance expert with a focus on the non-banking financial sector, bringing over 8 years of experience in NBFC. She specializes in simplifying complex financial concepts for readers, helping them navigate the NBFC landscape. Outside of work, she is passionate about travelling.

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