in today’s economic era, money is everything. There are various ways to earn money, including employment, businesses, and farming.
These days, farming can also yield huge profits. For that, you need to focus on cash crops instead of traditional farming methods.
After the coronavirus pandemic, the trend of starting a business has increased significantly. You can also start your own business from home and earn a good income.
We are going to tell you about some businesses, such as soap, oil, and banana chips, that can help you earn a decent income.
Start a Profitable Business with Minimal Investment
There are some businesses that you can start with minimal investment. You do not need a big place or a lot of money to get started. You can easily start from home on a small scale.
Make a Good Income with an Oil Business
Cooking oil has become quite expensive these days. The oil business is considered to be quite profitable.
You can set up an oil mill expeller in a small place and start a cooking oil business. Earlier, big machines were used to extract oil from mustard.
However, nowadays, small machines are also available, and they don’t require much space. The demand for cooking oil is everywhere, whether in the village or in the city.
These oil expellers are available for up to 200,000 rupees. It takes about 3-4 lakhs to set up the entire setup.
Starting a Soap Business
Soap business can be a great opportunity to make your fortune. Soap is an essential household item and is required in every household.
You can start this business with a minimal investment. The government also provides loans under the Pradhan Mantri Mudra Yojana scheme to start such ventures.
You can earn a profit of 15-30% from a soap business.
Make Banana Chips for Daily Earnings
Banana chips are a popular snack in India. It is easy to make and can be a good source of income.
You just need a deep fryer, raw bananas, salt, and oil to make banana chips.
You can sell them in your locality or in your city. This business can be started with an investment of about 50,000 rupees.
Conclusion
Starting a small-scale business can be a great way to earn money without having to invest too much money.
With minimal investment and effort, you can start earning a good income from home.
By following the above ideas, you can start your own business and become self-employed.
