15 Business Ideas for Women You Can Start from Anywhere

In business terminology, SME stands for Small and Medium Enterprises. These sectors play a vital role in a country’s economy. The Indian economy specifically thrives on Micro, Small, and Medium Enterprises (MSMEs). The MSME sector makes a significant contribution to employment, exports, and GDP.

Table of Content

• Why Should Women Start Their Own Business?
• 15 Business Ideas for Women

This growth demands attention to make reforms and strategies that would push the SME sector to perform at its best. Individuals involved in businesses that fall under the SME sector need financial assistance, such as SME loan and other forms of credit. Doing this eliminates what hinders the growth and expansion of this sector. Eventually, this will make the economy more sustainable and self-reliant.

With financial subsidies and support, individuals can start their business venture. It is said that if we can encourage at least 1 individual from every family to be an entrepreneur, the economy of that country will skyrocket. The opportunity must be equal for all individuals, irrespective of their sex and gender. The SME sector faces a credit gap that holds back entrepreneurs from making their contributions. The government of India has launched the Stand Up India scheme that supports business ideas for women and addresses the challenges they face on their entrepreneurial journey. This blog walks you through 15 business ideas that you can start from anywhere.

Why Should Women Start Their Own Business?

The first thing that you should keep in mind while starting your own business is that it is not about how much profit you make, but the freedom that you get for all the hardships you face to make your venture successful. Business startup ideas for women must be approached with a resilient, creative, and innovative mindset. Emotional intelligence and empathy are two innate skills that give women the upper hand, as this leads to better networking and community building, which eventually makes a business venture successful.

15 Business Ideas for Women

Scented Candle-Making

Scented candles have a psychological effect - when the right scent is lit, it lights up the mood and vibe of the space. This candle-making is one of the best ideas for business for ladies with a low investment and a high-profit margin.

Cloud Kitchen

A cloud kitchen refers to a type of business that is not open to the public for dine-in, however, it is open for takeaway. You need a smartphone to manage your orders and a passion for cooking.

Role of Tutor

This small-scale business idea gives you the flexibility to schedule classes according to your convenience. To start this business, you need aptitude, skills and knowledge. This eliminates the need for investment and ultimately avoids all the risks involved.

Leverage Social Media

Women can leverage the use of social media. With a growing number of followers, they can collaborate with brands to promote their products and services. Additionally, they can also monetise their content through sponsorships, and affiliate marketing and can even sell their products.

Suggested Read: SME Loan - Meaning, Eligibility, and Things to Remember

Vlogging DIY Ideas

Women can use YouTube as a platform to share tutorial videos on DIY crafts. Some examples of these DIY crafts are sewing, knitting, making greeting cards, pottery and more.

Photography Services

It is a skill-based business idea for women who are fond of performing arts. Being able to capture moments and tell stories is a novel job. Women with good photography skills do not need much financial investment. However, they can make enough money if they are good at it.

Affiliate Marketing

It is one of the excellent business ideas for women looking for flexibility and a way to earn income with minimal risk.

Fitness Trainer

The pace at which we are moving towards modernisation has eliminated all kinds of stigma related to professions that women can’t do. Women can now be fitness trainers and other forms of wellness coaches.

Salon

Since the beauty industry is growing, there has been a rising demand for women who have a good sense of style and can provide skilled salon services.

Catering Services

Throughout evolution, we have noticed that women are born with the innate skill of cooking delicious food. It is an excellent business idea for ladies with a low investment.

Personal Make-Up Artist

This business idea is ideal for women who deliberately enjoy giving makeovers to friends and their family members at a function. They can start their own business as a personal make-up artist for famous personalities and events.

Personalised Gift Boxes

Gifts are often thoughtful and presentable, and have an emotional attachment to them. After all, who doesn’t want gifts? Women with a keen eye for packing gifts in a presentable manner have a good scope in business.

Pet Care Services

Providing pet care services requires patience, but above all, it needs compassion, empathy and emotional intelligence. By providing an environment that is safe for pets, women can dominate the market in this type of business.

Child Care Services

This is a great business option for women who enjoy giving quality care and nurturing kids.

Online Clothing Store

This type of business is a traditional one and requires some investment at the initial stage. Women with a good sense of style and fashion can open their website or social media account, where they can showcase their latest designer clothes for sale.

At Muthoot Finance, you can avail of a Small Business Loan to finance business requirements like working capital, capital expenditure, business expansion, etc.