The mounting rate of urbanisation and liberalisation has created immense opportunity and potential for women, especially housewives to establish their own start-ups, home-based and low-budget businesses. Indian housewives have now a great opportunity to establish their own home-based business or initiate their start up ideas in order to fulfil their dreams.
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In today’s new world of self-isolation and work from home, Indian housewives have come up with really creative and impressive business ideas. These ideas for housewives to make money that we shall discuss are not only creative but also making good profit and adding revenue to households.
Small Scale Business ideas opted by Indian housewives have also helped in the gradual increase of per capita income, as well as the country’s GDP. Some of the popular business ideas that has promoted employment and encouraged women entrepreneurship are listed below:
Top 7 Business Ideas for Housewives
1. Electronic Retailing (e-tailing)
e-tailing is one of the fastest emerging e-commerce businesses that has been chosen by most of the people during lockdown or even afterwards. E-commerce companies like Amazon and Flipkart have created wonders by empowering all the women who want to sell goods online. Once the products start getting a fair amount of responses the team of home-based housewives need to immediately contact the e-commerce online retailers to pitch the products and initiate the process of mass manufacturing on contract basis. The next step is to collaborate with the digital online delivery platforms and the marketing partners for making all the selling arrangements.
2. Masks & Sanitizers Manufacturing
Today’s changed times have pushed everyone to purchase masks and sanitizers. It’s basically the need of the hour and shall get prolonged for some more time. Its demand is immense and competition is less, as it being a comparatively less explored business section. This business idea has all the potential to quickly take off to reach the breakeven point in very less time.
3. Salon or Beauty Parlour
The potential for revenue generation is huge and the initial offering and investment is not as high as compared to other small scale businesses. The only expenditure is a small setup stuffed with cosmetics and related products. Salon promotion and marketing is of high importance in this type of business, as the location of home might not be in or near the market or areas with a large number of footfalls.
4. Home Boutique
Boutique is a favourite, traditional and revenue generating idea for housewives. This idea is the home-based and low budget cloth manufacturing and retailing business. This suits best for the housewives and single women who have good knowledge of latest clothing and trending fashion. The money earned by the home-based and low budget business can help housewives achieve their dream of becoming a fashion master and clothing entrepreneur.
5. Tiffin or Catering Services
Another reasonably popular home-based idea which has initially low budget offering is the home and office delivery of home cooked food varieties by housewives or single women. The housewives can collaborate with the help of some maids and workers to establish the food delivery business with the help of online food delivery platforms such as Swiggy, Zomato and Ubereats. The idea is not new and has been successfully implemented in various cities with the help of the local public and the food delivery giants.
6. Hand-made Crafts
The idea has immense potential for creating a substantial amount of income for housewives to make them independent. Being a unique and part time business idea, it shall tend to bring a lot of new customers to meet their home décor requirements and related purposes. Some of the popular hand-made crafts shall include paintings, candles, bags, incense sticks, cakes, clothing, jewellery, hats, wooden toys, curtains, rugs, blankets, pots, dolls, soaps, wooden furniture, etc.
7. Play School or Day-care Centre
After an initial start, the play school business will gradually expand and is expected that soon will reach the breakeven point due to lesser expenses and overheads. It is the best experience to spend and enjoy your days’ time with kids or even toddlers. Making them learn new things with time and adding some money to your wallet. This business can even help single mothers to become independent and financially secure.
The advancements of digital tools and technology have expended the reach of businesses up to each of the houses and individual homes. The market research and studies show that a lot of women and educated housewives are already earning their livelihoods from such small businesses. The Government of India and the department of women welfare must take the responsibility of spreading the information about the financial assistance and earning ideas provided by the banks and other Self-Help Groups (SHGs) which can be availed to gain benefits in order to generate own source on incomes through the smart implementation of home-based and low budget business ideas.