Trading Business is one of the most profitable business options. If you are planning to start trading business and looking for trading business ideas here is a list of 10 Best Small Investment Trading Business Ideas. These business ideas can be started with small or slightly moderate investment.
Trading means buying and selling items or goods for earning higher profits. The goods can be standard goods or customized items. The companies dealing in trading business are known as trading companies. Trading companies do not manufacture goods directly they buy it from multiple manufacturers or wholesaler and sell it to end customer or retailers. Trading companies either maintain their own stock in a shop or warehouse or they order items based on customer order. Follow the steps given below to start own trading business.
Also Read – 20 Retail Business Ideas with Low Investment
How to Start Trading Business?
- The first step toward starting a trading business is deciding your market segment. You can decide to do business in the domestic market, international market (export) or online market.
- Once you decide market segment look for trading business idea with a suitable product. Make sure to compare your product & price with similar products available in the market. You may find product information and price detail online as well as offline.
- Next step is making a list of probable suppliers and competitors. If possible, go for rate contract option. After this groundwork, you need to estimate capital requirement and place for storing inventory. Estimate manpower required for your business and start recruiting.
- Now you need to do paperwork with respect to GST Number and other local license required for starting a business such as a shop establishment license etc.
10 Small Investment Trading Business Ideas
#1 Garments Trading
The first trading business idea is garment trading. The garment is one of the basic requirements of a human being. Thus, it is a good idea to start a garment trading business. You can start this business at a lower scale or even from your home. You need to find out good wholesaler dealing in readymade garments. In order to establish yourself in this business, you need to work hard on marketing.
#2 IT Hardware Trading
IT Hardware such as desktops, laptop, servers, and computer peripherals are widely used everywhere. Any small or medium business including individuals makes use of IT devices. It is evergreen business as the demand for IT devices will continue due to the new requirement as well as obsolescence. In this business, you need to invest money at the initial stage. You also need a small shop to start this business.
#3 FMCG Trading
FMCG Trading is another very good business opportunity. FMCG market is growing exponentially and there is still a huge scope of market expansion. If you have knowledge and experience about FMCG products you can start this business. It is a good idea to select popular brands such as Hindustan Unilever, ITC, Patanjali etc.
#4 Customized Jewllery
The market of customized jewllery in India is growing significantly in recent times. Due to repaid urbanization and increase in buying power people can afford jewllery purchase. If you have enough capital, you can start a customized jewllery business. This business can be started even from home.
#5 Chemical & Pesticide Trading
Chemical and Pesticides market is very large and segmented. Before entering this business, you need to understand the basic dynamics and usage of chemical at various parts including suppliers. Make sure to work on the order basis. Do not invest or store chemical as inventory during the starting phase. This business requires a lot of documentation and license procedure at an initial stage.
#6 Spice or Masala Trading
The Indian spice such as cumin, black pepper, turmeric, chili is famous all over the world. This product has a very good market in India as well as abroad. In this business, you need to take a franchise of spice or masala company. You can work on a commission basis. You require a suitable place to start this business. You can start this business as a retail segment or in the export segment.
#7 Automobile Accessories Trading
The sell of car and vehicle is on the rise in the country. The main reason could be the buying power of people has increased. As the usage of the automobile has increased the requirement of automobile accessories is likely to remain high. In addition to accessories, there are many items such as tyres, tubes, gears, gear parts which shows an increase in demand. If you have knowledge of automobile sector you can start this business. You require moderate investment to start this business.
#8 Stock Market Trading
A stock market trading is evergreen business option. This business can be started individually at home. In this business, you need to buy and sell stock at a shorter duration to make profit. It is a risky business. Make sure to understand the basic of stock market trading before starting this business. Another option, in this case, would be starting stockbroking. If you are knowledgeable in the stock market you can start stockbroking.
#9 Grocery Trader
Grocery trading is another lucrative business option. As a grocery trader, you can start a small retail shop or start a wholesale business of grocery. The profit margin associated with this business is very low. However, if you involved in bulk trading you can earn a lot of profit.
#10 Hardware & Sanitary Trading
Hardware & Sanitary trading is next in the list. It is an evergreen business. Hardware and sanitaryware is good business where you can earn a lot of profit. Make sure to select a business location where a lot of real estate development is in progress. Investment required for this is moderate.