Looking to start a business with a small investment? Here are ten business ideas that can be initiated with as little as Rs 2 lakhs.
These ventures are suitable for both rural and urban areas and have the potential to generate significant daily income.
Whether you’re looking to supplement your job income or start a full-time business, these ideas can set you on the path to financial success.
1. Freelancer
Freelancing offers a flexible and lucrative way to earn money from home. With skills in graphic design, MS Office, or content writing, you can find freelance work online without needing to attend interviews. As your reputation grows, so will your client base and income.
2. Tutor
Offering home tuition is a great way to earn money if you have a strong grasp of a subject. You can start with a few students at home and expand by hiring additional teachers as demand increases.
3. Home Bakery
Capitalize on the demand for fresh, healthy, and hygienic baked goods. With baking skills and minimal investment, you can start a home bakery. Use social media to promote your products and take orders as they come in.
4. Catering and Event Management
If you excel at managing teams and organizing events, consider starting a catering and event management business. Good food is crucial, so having a talented culinary team is essential. This business can be launched with an investment of less than Rs 2 lakhs.
5. Repair Workshop
A repair workshop can be a profitable venture with low startup costs. Focus on proving your repair skills and ensure your employees are qualified. Start with a few products and expand as your business grows.
6. Handmade Products
The demand for handmade products, especially those made from jute, is rising. Jute is strong, biodegradable, and reusable, making it a popular choice. Opening a jute bag shop can be an excellent business, particularly for women in villages.
7. Health Club
With increasing health awareness, opening a health club offering yoga, dance, and gym classes can be very successful. Knowledge of the fitness industry is crucial for this business.
8. Blogging
If you enjoy writing, blogging can be a profitable endeavor. Start your blog on a topic you are passionate about, and as your readership grows, you can monetize your blog through advertisements.
9. Grocery Store
A grocery store is a stable business with consistent demand. Despite high competition, it can be started with an investment of less than Rs 2 lakhs. Low operating costs make this a viable business option.
10. Mobile, Laptop, and Computer Repair Center
With the increasing reliance on digital devices, a repair center for mobiles, laptops, and computers is in high demand.
Start small by repairing devices and stocking essential hardware. This business requires technical knowledge but minimal initial inventory.
