Business Ideas in Odisha Top 10 Best Small with Low Investment

Our article is going to provide you with the best top 10 business ideas in Odisha that will surely help you to make a good decision if you are planning to set up a new business in Odisha.

Odisha is one of the best places to start a new business. The main business ideas in Odisha comprise food, transportation, writing services, and much more. If you are keen to know about the profitable business idea in Odisha, you have come to the right place. I am going to share the top ten best business ideas in Odisha below.

Odisha is a great tourist hub in India because it is famous for monuments, beaches, lakes, temples, national parks, wildlife sanctuaries, etc. Bhubaneswar which is the capital of Odisha is an IT hub here. Hotels provide excellent services to their clients from across the country. Odisha being a fine state is good to establish a new venture. So many businesses here require very little capital and can be immediately started. The best business ideas for Odisha can be based on small, medium, or large-scale investments.

The profitable business ideas in Odisha can be the ones that need minimal investments and can gain you good profits whereas small-scale business projects in Odisha can be food eateries like small stalls or restaurants with beautiful infrastructure.  

List of Best Ten Profitable Business Ideas in Odisha 2024

Now here is the list of the best businesses to start with less money in 2024 in Odisha.

Detailed Guideline for Successful Startup Opportunities in Odisha

1. Book Keeping Service

If you want to make good money in this business, then technically you just require a high school diploma and you can become an entrepreneur and earn money as a bookkeeper. This is a small-scale business idea that you can use to excel with little investment only. You can enrol in a local college or go for an online course if you want to be a bookkeeper and earn a certificate to start one.

If you wish to find a contract-based job as a bookkeeper, then you will have to put more effort into promoting yourself first. You can simply start this business by traditionally advertising your service in a local newspaper. You need to have a professional website to start this business along with a business license.

2. Food Delivery Business

Food businesses can never lead you to losses if you manage them wisely. In Odisha, the food delivery system is not satisfactory so you can take advantage of the shortcomings of your competitors and win the hearts of your customers. Thus if you are looking for small business ideas in Odisha then choose a food delivery business that will turn out to be the best startup idea for the business in Odisha as people get attracted to good service. Starting food tiffin delivery service is also a great idea for women.

Supplying food is not a business that requires huge funds. You can only increase your area where you have to supply food and this is possible by creating more and more contacts. Get in touch with hotels, and restaurants in your area or nearby and deliver food items. Developing an app is also a good option as people use smartphones every time. Make sure to give excellent services while delivering goods so that you can prove your business to be the top business venture idea in Odisha. For more information read the business plan and project report on the below-mentioned topic.

3. Handicraft Business

Among the best entrepreneurial opportunities in Odisha, handicrafts are the ones that cannot be ignored. It is a good source of money-making here. The artworks like pottery, terracotta, and many more can be made and sold. Online selling of handicrafts is also a good suggestion for you. These things are in good demand in the international markets so you can also contact the exporters and capture those markets.

Initially, it may take time to reach out to a large area in the market, but once your products get famous and get recognized in the market, you will make an excellent income. The government of India has launched some useful schemes for helping set up handicraft businesses in India.

For more information read: https://projectreportbank.com/assistance-scheme-for-handicrafts-artisans-asha/

4. Consulting Business

This business is quite similar to the tutoring business. As a consultant, you can be hired by big firms as their consultant and you can work individually also by setting up your own business. Usually, a consultant can start fresh also but it is good if you have a good experience in this industry. Networking is going to help you in running this business smoothly. You can make use of social media to promote your business.

It is advised to keep your professional website updated with your working contact number so that clients can approach you. Your consultancy fee may vary from one customer to another depending upon the area of expertise.

5. Online Store

One of the best businesses to start in Odisha is to open an online store. You can also start an online store just with one product. You may not even require any technical skills for this business. It will be a cherry on the cake if you have any marketing or sales experience. You just need to choose a product that you want to start selling and half the task is done.

All you need is a website with a domain name and just market your products. Initially, you can start this business part-time and when you get fruitful results you can shift to full-time work. Remember, there are some ongoing costs related to this business which may be transaction fees to keep your website ongoing.

6. Buy A Franchisee

If you are looking for a startup scheme in Odisha buying a franchisee is not a bad idea. This may involve more investment so it is a business with high investment and high profit in Odisha. The franchisee can be of pizza, ice cream, food-based, footwear, electronic items, etc.

The location should be good so that you can make profits in the franchisee business once you have invested funds. Once the business rises, profits get higher.

7. Hotels and Restaurants

Odisha is a tourist spot so hotels and restaurant businesses can touch the sky with glory as tourists like to stay in hotels that offer good facilities, services, and hygiene. Catering to the needs of tourists in your hotel will attract more tourists. The location of the hotel can be near tourist spots like Chilika Lake, Puri, Cuttack, Konark, etc. The idea for the best side business in Odisha can be a guide who can take the tourists out to visit new places and earn you part-time income. Fast food restaurant business can be started in a busy market with good parking spaces to grab the attention of customers.

Also Read: Top Food Business Ideas High-Return with Low Investment 2022

8. Pool Cleaning Business

It is very common in houses in Odisha to have pools. Pool service becomes mandatory then. You just need to have knowledge of some chemicals used in pool services. Also, knowing about how the pools are cleaned is important. Although, you are not going to clean the pool but knowledge has to be there. Also, the basics of maths are needed to judge how much chemical is required for cleaning a particular-sized pool. You just need to buy the equipment needed and a vehicle to transport that equipment to a location. You just need to market your business and all the task is done. You get clients very soon in this business type. Regular maintenance charges may vary between Rs 5,000 to 10,000.

9. Computer Training Institute

Bhubaneswar being a knowledge hub in India has new public and private universities. The famous IIT is also established here. Thus computer training institute is the ideal business in Odisha for students who are computer savvy and want to work as professionals here. To own a computer training institute in Odisha, along with other services will prove to be a rewarding and profitable business here. For more information read the business plan & project report on Computer Institute.

10. Pet Sitting Business

Your love for animals can help you make good money out of it. These days, there is a huge demand for pet-sitting services from time to time and you can also start selling pets like cats and dogs in future after mating them and make good money. You just need some special training like CPR and giving medicines to pets.

You should also go for pet sitter insurance so that you can protect yourself and pet-proof your home. You can advertise yourself for this business by putting your pictures on social media with pets.

List of High-Return with Low Investment Business Opportunities in Odisha

1. Amusement park along with water park.
2. Disposable diapers
3. Tyre business
4. Disposable plastic material with syringes
5. Healthcare centers
6. IV Fluid
7. Fruit juice corner
8. Cake soaps and detergent powder
9. Pharma shops
10. Steel plants
11. Flush doors manufacturing business
12. Repairing transformers

Conclusion

Odisha is an excellent place to work. If you want to start a new venture in Odisha, you can do it as it is going to succeed here for sure. There are many local startup ideas in Odisha too which require less investment and immediate earning. We hope your research brought you to the right place. You can choose any idea from the above-mentioned ones as they were well-researched before writing. 

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Also Read:

1) New Business Ideas in Jaipur with Low Investment 2022 2) Business Ideas in Hyderabad New Profitable Successful in 2022