Goa is not only known for its beauty but also for its excellent performance in the industrial sector. So, if you want to start a business in Goa, but don’t know how then below are twenty small business ideas in Goa with low investment.
20+ Small Business Ideas In Goa With Low Investment
1. Fish Farming
Fish farming is a significant economic activity in Goa as Goa is located on the coast and most famous for the fish farming industry. Being a resident of Goa, fish farming is a highly profitable and colossal revenue-generating business. Fish farming is the best and small business idea to start in Goa.
2. Start a Hotel Business
Opening a hotel is a highly profitable and best business to start in Goa. As Goa is the tourist spot, creating a hotel considering the needs of the tourists can benefit you. The primary factor to consider is the location of the hotel, a beach hotel or a city hotel. The location of your hotel positively influences your success.
3. Scuba Diving Business
Become a scuba diving instructor. Scuba diving is the most loved activity among tourists who visit Goa. The business requires a meagre investment and is one of the small business opportunities in Goa.
4. Guest House Business
Goa is a unique place amongst the people across the globe who come to spend their vacations. Tourists visit Goa throughout the year and not in a particular season, and people love to spend their most of the time at attraction sites. So location is the critical factor to consider before you start this business. This is one of the best business ideas in Goa if you want to create one. It is a great small business idea in Jaipur too.
5. Open a Restaurant
If you’re interested in food and beverages, owning a small restaurant is one of the best business ideas in Goa. Offering different types of foods famous in Goa will attract more tourists to your restaurant. Goa is a tourist spot, so the success of your idea mainly depends on your location and pricing.
6. Start A Brewpub Business
A brewpub is the best small business idea to start in Goa. The business is highly profitable if you choose the right location and sell unique brews. You can do wonders by winning the hearts of people with your authentic service. Don’t forget to add a delicious food menu; get going!
Goa is considered the heaven of India and people from the worldwide wish to visit this destination once in their lifetime. If you have good photography skills, starting this business is profitable as everyone visiting Goa wants to take back memories. Starting a photography business requires good marketing skills as well. You can do wonders if people know you for your skills.
8. Wedding-Event Management Service
Goa is famous for destination weddings, and people want to spend on best wedding planners. If you’re going to start this service, you need to ace planning. Beginning an event management business requires a stellar business plan ready at your disposal. If you think you are good at managing events, this is the best business to start in Goa.
9. Start a Spa Business
Starting a spa business is one of the small business ideas in Goa. Providing skin enhancement treatments and therapies using Indian ayurvedic knowledge reflects Indian culture. This idea leads your business out-stand. The service improves health conditions, so providing excellent service will attract more people to you. It’s a highly profitable and best business to start in Goa.
10. Start a food Truck Business
Food truck business requires low investment at the start, and minimal risk is involved. Food trucks are becoming popular among people due to lifestyle changes. A food truck business is more affordable over a restaurant and to a degree requires low operation cost. Providing quality food will attract more people to your service.
11. Ship Chandler
Your duty as a ship chandler is to supply necessary commodities to ship. Ship Chandlers are an essential part of the Marine Industry. The business highly profits as Goa is a port and you will be acting as on point source and will have direct contact with clients. This is one of the best business ideas in Goa to initiate.
12. Tourist Guide
Numerous tourists visit Goa every year for its beauty. If you are a resident of Goa, this is one of the best small business ideas in Goa. You need to have excellent communication skills and a good network of hotels, restaurants, taxi drivers. Becoming a tourist guide is one of the best small business ideas in Goa if you love exploring places and meeting new people.
13. Open a Beach Shack
Goa is famous for its beaches. Opening a beach shack is one of the best business ideas in Goa. Tourists spend most of the time on the beach, so providing good service will attract more people to your shack. This is a very high revenue-generating if you are looking for small business opportunities in Goa. It is a great small business idea in Lakshadweep as well.
14. Start a Fast Food Restaurant
Fast foods are most popular among people of all generations. Starting a fast food restaurant is one of the best business ideas in Goa. You can make your business stand out by providing a diverse menu. You can attract more people by having foods that reflect the Goan culture. Fast food restaurants are the best small business opportunities in Goa.
15. Wine shop
Opening a wine shop can be highly profitable. The primary requirements to start this business is the registration with the state and a license. The only key to earn profit from this business is by expanding it. This is one of the best small business ideas to start in Goa.
16. Start a clubbing business
Clubbing is famous among the youths of today. This is one of the most perfect business ideas in Goa. While starting a business, the requirements need to be considered prior. The key things you need are enough contacts with individual hotels, bartenders, DJs, investors, etc. This business is highly profitable if you follow the right track.
17. Service Apartments
People visit Goa for numerous purposes, and all they require is a place to stay. This is one of the most perfect business ideas in Goa. Hotels are not affordable to people who come to visit for a longer duration, so providing a good service apartment can attract more people to you.
18. Game Parlour
You have got perfect small business ideas in Goa if you are thinking of opening a game parlour. Gaming is growing tremendously, this factor will bring more people to your parlour as people couldn’t play all the games on the smart-phone.
19. Start a Bike Rental Business
This is one of the best business ideas in Goa if run effectively. The people worldwide visit Goa to relax and experience its rich culture, travelling to places of their wish using inexpensive transport is preferred by them. This is one of the best business ideas in Goa with low investment.
20. Delivery services
This is one of the best small business ideas to start in Goa. You don’t need to have your store to start delivery services. You can start this business by partnering with other stores. It is one of the best business ideas in Goa if you want to make a profit.
21. Swimming Lessons
You can teach swimming to locals or even to some of the visitors who come to Goa. It is a good option for the people who love swimming and want to earn money out of it.
These were some of the best small business ideas in Goa with low investment. If you have any other small business ideas in Goa in mind, then mention them in the comments down below.