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Tata Capital > Blog > Loan for Business > 10 Business Ideas for Senior Citizens

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10 Business Ideas for Senior Citizens

10 Business Ideas for Senior Citizens

During the lockdown, many budding entrepreneurs proved that age is just a number by launching small businesses. We all remember the 94-year old Harbhajan Kaur, who started selling her homemade sweets as a weekend pastime and now runs a thriving business. There is no shortage of business ideas for senior citizens, especially today, when the internet acts as the ultimate tool for every business.

With various business loans available for every need, even retirees can utilize their experience to start a business and give wings to their dreams. Here is a list of ten senior citizen-friendly business ideas for 2021.

Monetize on your hobby

Are you a self-proclaimed bird-watching expert? Or do you love gardening and can list the scientific names of all the plants in your garden? No matter what your favourite hobby is, you can turn it into a business. Utilize your skills and expertise to start a training group, and you can begin earning money in no time.

Online thrift store

Nowadays, sustainable fashion is on the rise, and thrift stores are all the rage on social media. Start by selling your old, used or unused clothes, and you can expand your business to home decor, accessories, books, and so much more! With a little bit of investment, your thrift store can soar to new heights.

Food services

If you are love cooking, then starting an online delivery business is the next big thing. You can finally use that age-old family recipe or create something unique; the choice is yours! Moreover, you can avail of lucrative business loan interest rates while taking out a loan and take your homemade food business to a restaurant level.

DIY products

Retirees who want to explore their artistic side can make designer soaps, resin art and more such DIY items at home. You can quickly gain mastery at creating these products and avail of a loan once your business starts booming. The business loan eligibilitymay differ from one lender to another, but it will help you invest in good-quality shipping and packaging services.

Additional ReadBusiness Ideas that You Can Start at Home

Senior-care services

As a senior citizen, you know better than anyone the needs of retirees living alone and where the problems with senior-care services lie. Use this knowledge to start a business of your own and cater to the demands of seniors looking for assistance. You can use a business loan calculator to calculate the total investment and loan amount this enterprise would require.


You do not need a teaching background to start tutoring kids; all you need is a knack for teaching and expertise in at least one subject. Start by tutoring kids in your neighbourhood and expand your business from there.

Life insurance agent

You can register yourself as a life insurance agent and leverage your sales and negotiation skills to sell life insurance to people.


There are many easy to earn avenues from writing. You can publish a book full of memoirs, write an autobiography or even turn to blogging, where there are many ways to make money, such as affiliate marketing.

Consultancy services

Become a consultant for budding firms and leverage your years of industry expertise to offer services to your clients. This can also be done remotely.

Service-based business

Any skill-set can be turned into a business. Whether bookkeeping, writing or a knack for marketing, you can tap into your area of expertise to make money from your home.

Additional Read: Small Business Ideas with Low Investment and High Returns


Do you want to start your business and explore new arenas? Tata Capital has some of the most affordable business financing options, tailored especially for retirees. Get business loans for an amount between Rs. 5,00,000 to Rs. 75,00,000 and calculate your EMIs using our online business loan EMI calculator.

To know more, visit our website today!

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