Do you want to launch a small manufacturing company with little capital? This article will discuss small- and medium-sized manufacturing business concepts that need little capital and labour. A manufacturing business ideas typically needs a decent initial capital investment. However, after the company has been founded with success, the profits quickly recover the start-up cost.
Bakery
For new business owners, the baking industry offers a very lucrative prospect. The company also provides a variety of opportunities for expansion. You can launch the company with a modest initial capital investment. To ensure high-quality output, you must purchase modern bakery equipment.
Fashion Jewellery
One of the best manufacturing business ideas in Malaysia. What makes it successful? Modern women increasingly purchase lightweight, pleasant jewellery and wear it to work, events, and celebrations rather than hoarding gold and diamonds. And fashionable jewellery works effectively for the objective. Nowadays, jewellery companies use social media like Facebook and Instagram to sell their products. The use of influencer marketing is a terrific strategy for these brands to grow.
Smartphone Accessories
This is the most obvious business idea. With cellphones, we figuratively carry the world in our pockets.
Its need is unavoidable, and the same is true of its accessories. Anyone who uses a smartphone will also require selfie sticks, cases, toughened glass, and other accessories.
As a result, the company has a significant profit margin. When it comes to financial commitment, low capacity tempered glass manufacturing equipment runs about RM 4K while large capacity models cost over RM 8K.
Handmade Candles
One of the best manufacturing business ideas to launch is making handmade candles. Our age has a great belief in the influence of beauty. Because of this, handmade candles are a highly sought-after product.
In recent years, there has been a trend in perfumed and therapeutic candles, which can be found in homes, hotels, spas, and even religious settings. You can expect tremendous profits with an initial investment of RM 1K – 2K, especially during the holiday season.
Homemade Cookies
Let’s face it: Malaysians love sweet things! And we are constantly seeking out novel and energising flavours. This manufacturing business ideas is for you if you believe that you can dish up genuine joy.
Additionally, because this is a product that will appeal to both children’s and adults’ taste buds, you’ll have a larger target market to serve.
Homemade Ice Cream
One of the best small food manufacturing business ideas is making your own ice cream. Many newbies who would like to start a business related to food production can start with ice cream manufacture by taking inspiration from his enterprise. If a person is not allergic to ice cream, no Malaysian will refuse it. Everyone loves to eat ice cream, regardless of their age. Therefore, beginning an ice cream business is the perfect choice if you want to start with a home-based or manufacturing business.
We hope the small manufacturing business ideas listed above will motivate you to launch your own company soon.