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How to Start a One Person Business

In today’s fast-changing economy, starting a business no longer requires a large team or high investment. A growing number of entrepreneurs are choosing to build one person businesses — companies run entirely by a single individual. Whether you’re an aspiring entrepreneur, a stay-at-home parent with a business idea, or someone planning to start small before owning a franchise, this guide will help you understand how to start and structure your own one person business.

What is a One Person Business?

A one person business is a type of enterprise that is owned, managed, and operated by a single individual. These businesses are also known as solopreneur ventures. Unlike traditional startups with employees and partners, one person businesses rely solely on the efforts and skills of one founder.

These businesses are popular because they offer complete control, flexibility, and low overhead costs. With the right idea and approach, one person businesses can be highly profitable — and in many cases, they scale into larger ventures or even franchises over time.

Find the Right Business Structure for Your One-Person Business

Choosing the correct business structure is one of the most important decisions when starting a one person business. In India, here are a few common options:

1. Sole Proprietorship

  • Easiest and most affordable way to start.
  • You and the business are the same legal entity.
  • Suitable for freelancers, consultants, local service providers.

2. One Person Company (OPC)

  • A legal structure introduced under the Companies Act, 2013.
  • Separate legal identity; limited liability protection.
  • Ideal for entrepreneurs looking to scale or raise funds in the future.

3. Limited Liability Partnership (LLP)

  • Though it usually involves partners, you can register an LLP with yourself and a nominee.
  • Offers flexibility and separate legal identity.

4. Private Limited Company (PLC)

  • More complex and suitable for those planning to grow quickly or invite investors.
  • Not ideal for beginners unless there’s a clear scaling roadmap.

For a simple and manageable start, Sole Proprietorship or OPC is often the most practical route for a one person business.

Quick Tips for Forming a One Person Business

Here are key steps to help you get started:

✅ 1. Identify Your Skills and Passion

Choose a business idea that matches your strengths and interests. This helps maintain motivation and authenticity.

✅ 2. Validate Your Idea

Conduct quick market research. Ask: Who are your target customers? Are they willing to pay? Who are your competitors?

✅ 3. Register Your Business

Depending on your chosen structure (Proprietorship, OPC), register your business name and apply for necessary licenses like GST, Udyam Registration, FSSAI (for food), etc.

✅ 4. Set Up a Business Bank Account

Keep your personal and business finances separate. This makes accounting easier and builds credibility.

✅ 5. Build an Online Presence

Create a simple website, start social media pages, and consider listing your business on Google My Business. Visibility is key, even for solo ventures.

✅ 6. Track Finances

Use basic tools like Excel, Google Sheets, or apps like Vyapar or Zoho Books to track expenses, income, and profits.

One-Person Business Ideas

Here are some proven one person business ideas for 2025:

CategoryIdeas
Online ServicesFreelance writing, graphic design, digital marketing, virtual assistance
EducationOnline tutoring, coaching classes, skill-based training
Retail/ResaleDropshipping, reselling on Meesho/Amazon, handcrafted products
Food BusinessHome bakery, tiffin service, pickles/snacks production
Wellness & Personal CareYoga trainer, nutrition consultant, skincare products
Tech-BasedApp development, tech support, no-code website builder
ConsultingFinancial consulting, career counselling, legal advisory

Many of these ideas require low capital and can be started from home.

Examples of Successful One Person Businesses in India

These real-life stories show the power of starting small:

1. Pooja Dhingra – Le15 Patisserie

Started as a solo bakery venture from home, she scaled her brand into one of Mumbai’s most popular patisserie chains.

2. Shradha Sharma – YourStory

She began YourStory as a solo content platform, which now employs dozens and has become India’s leading startup media platform.

3. Ankur Warikoo

Former Nearbuy founder turned solopreneur. He runs a profitable business through YouTube, online courses, and consulting — all managed by himself.

These examples show that a one person business can evolve into a personal brand, a company, or even a franchise.

Why Start a One Person Business Today?

  • Low risk, low investment: You don’t need a large team or office.
  • Full ownership: You make all the decisions and keep the profits.
  • Flexibility: Work from home or anywhere.
  • Scalability: Many solo businesses evolve into franchises or agencies.

If you’re planning to start small and grow smart, a one person business is the perfect entry point.

Start Small, Think Big — With FranchiseBhoomi

At FranchiseBhoomi, we believe every entrepreneur’s journey is unique. Whether you’re testing your first business idea or preparing to own a franchise, starting a one person business is a smart, strategic move.

Looking for your next step after launching your solo venture?
👉 Explore Franchise Opportunities on FranchiseBhoomi — where passion meets business!

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