Stereotypically, men have been the earning member of every family. If you are young, you may need to provide for your family in one way or the other. In modern times, setting up a small business is one of the best ways to make a good amount of money and be settled in life. When you want to take initiative and build a start-up from scratch, there are a few things which you need to consider before you start it. Things such as production and marketing are top on the priority list to make your start-up a success. You should also sort out the administrative segment and resource management.
If you are like the many men looking for small business ideas for men, you have come to the right place. We have prepared a list of small businesses with good returns on your investment. These are the best small business ideas for men that can kick-start your business adventure and take you on a path of success. The ideas offered here, if implemented properly, can be a very successful business in these times.
1- Agarbatti Production
Agarbatti production and selling can be one of the best businesses to start. Especially in a religious country, it is very easy to market such products and be successful. It is used in almost every household and all the occasions. Scented agarbattis are a way to show devotion and freshness. Much technology is not used in the making, and the equipment can be set up with a low investment. Agarbattis are being used in more than 85 countrie,s including the whole south Asian subcontinent. You can set-up your business by complying with the government laws and procedures. Once completed, you can set up your machinery. Agarbatti making machines are of different types, depending on your budget. You would require raw materials like bamboo sticks, Paper, Charcoal, Gum powder, Saw dust, Different types of powder, Perfumes, Fragrance, and Packing materials.
You can start the business with an investment of 1-5 lakhs. All of these make it one of the best small business ideas for men.
2- Candle Manufacturer
Candle making is a business opportunity that is getting popular day by day. Candles are very important to religious occasions. Scented candles have also started to become very popular as a decoration and gift item. People are buying more candles as decoration than for religious occasions. The main raw materials that you may need to produce candles on a small scale are wax, wicks, stearic acid, dyes, production machines, and packaging. With a proper business plan, marketing strategy, and market research, you are ready to start your business. You can make the cut with an investment of 30000 rupees to 2 lakh, depending on your budget. After completing your paperwork with the government, you are free to set up your business. It is a great small business idea for men.
3- Costume Jewelry
Costume jewelry is a growing trend among the youth. It is a future-proof small business idea for men to start their business journey. It has been around for hundreds of years; however, it has grown in popularity in recent times. Technological advancements have reduced the cost of making them, thus reducing the prices. Large brands like Dior have made their statements, and it is a wonderful time to start as a small business. Women of all ages have used such jewelry, and men buy them as gifts. You can promote your business online and make your statement. This business can be started with an initial investment of around 1 lakh to 2 lakhs.
4- Fruit Toffee Making
Fruit toffees are nutritious and tasty and are loved by all. This makes it a future-proof small business idea for men. The making process requires a minimum of 400 square feet of space and moderately skilled labor. The investment is not very high unlike many other businesses. You can start your business right away after completing the legal paperwork required to register the business. You would require some machinery and raw materials to start. Once you start entering the market, it is easy to get going in the business and grow your empire.
5- Ginger Garlic Paste
Ginger garlic paste is a requirement in almost every household and restaurant. All food businesses use it. Being easily available on the market, this comes up to be one of the easiest small business ideas for men to start if you’re thinking to start a small scale business with high returns. The income possibilities are endless, and you can make a decent earning out of it. The machinery and raw materials required are simple, and you can start with an initial investment of around 2-3 lakhs. You can apply for loans after your initial paperwork is completed. This is definitely one of the best small business ideas for men that you can start now.
6- Jam Jelly
Jam jelly has a huge market potential as it is an integral part of the household for quick breakfast and snacks. It can grow into one of the most trending businesses in a quick span of time. You can set up this business with moderate to low investment while starting out and grow up to a highly commercial level. It is a small business idea for men looking to start out as a businessman and is low in capital.
7- Jute Bag Manufacturing
Jute bags play an important role in many fields and are used as a raw material for packing items in many other businesses. It has a fixed requirement that is not getting replaced anytime soon. This makes it a future-proof and steady small business idea for men. You can get a good return on your investment in this jute bag manufacturing business. The raw materials required are easily available on the market and can be found easily. There is great potential in even exporting this item once you grow it to a highly commercial level.
8- Online Perfume Store
The newer generations have shifted to online shopping and are tilted towards buying perfume online. Such shopping trends have resulted in many online perfume businesses. With proper market research and a marketing plan, you can launch your product and make it successful online. The requirements are low in manufacturing; however, it can be of great yield. This is one of the trending small business ideas that men are interested in right now.
9- Online T-shirt Store
As mentioned earlier, the online businesses are growing rapidly, and it does not require as much capital as required in setting up an offline clothing brand. Online t shirts can be of great selling power and skyrocket your business in a matter of a short time. It can be a powerful small business idea for men to capitalize their funds in.
10- Yoga Studio
If you own a moderate-sized space, then this can be the best small business idea for a man. If you know yoga, that can be the icing on the cake for you. However, if not, you can still get professional trainers and run a yoga studio, which can be highly profitable. People look for places to practice and train yoga, as it is one of the best ways to release stress from a busy life. Yoga studios have been growing in popularity rapidly over the past few years.
11- Slippers Manufacturing And Distribution
Casual wear like slippers, are a unique and new business idea that you can run on a small scale. You need to set up your machinery and get the legal paperwork done before starting the business. The investment may be on the higher side, but looking at the yield, the investment is worth it. You can definitely try this idea out and create a high-return business opportunity for yourself. Investment of around 5 lakhs are enough to build this business.
12- Paper cups production
Paper cups are used everywhere and will be used everywhere in the foreseeable future. So it naturally becomes a mainstream business to try out as a new business owner. The manufacturing process is simple and does not require much machinery and manual labor. The raw materials are cheap and easily available. This makes it a top contender for best small scale business ideas for men.
With this, we conclude this list of the best small scale business ideas for men to start a new journey. We hope this list has helped you to select the business that best suits you and your ambitions to make it here. There are other ideas too, but these are the high return and future proof plans that we have scrutinized.
