Thursday, July 22, 2021

Low Cost Business Model

  1. The most popular idea among the low-cost business ideas for start-up is a business related to food industry that is already on a rise, especially in the metro cities
  2. According to the studies and research, many food start-ups are running along with the help and collaboration of food delivery giants, such as Swiggy, Zomato and Ubereats
  3. The development of marketing strategy especially with the help of social media and digital markets is important for the success of such small scale food start-ups
  4. The government and the financial institutions provide all the required financial assistance for the start-ups along with flexible repayment options
  5. Another lucrative idea among the low-cost business ideas for start-ups is fashion accessory and clothing business that has a great potential for earning high volumes of income due to high level of accessibility
  6. The idea is especially ideal for young women fashion designers and aspirants who inherit the desired knowledge and experience in the field of fashion and clothing
  7. Design, if starts getting a fair amount of responses can be manufactured contractually to become a hit across the global markets with the partnership of e-commerce giants, such as Amazon, Alibaba, e-bay, Walmart, Flipkart, etc.
  8. Another attractive idea from the low-cost business ideas for a start-up is an agriculture start-up especially the setting up organic fields for growing of organic fruits and vegetables
  9. The market studies prove that after the rise of grocery delivery companies, such as Big Basket and Grofers, agriculture has become a lucrative business to earn decent income.