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Monday, 16 December 2024

Types of Money-Making Businesses You Can Start with Less Than 1 Lakh Rupees

 Starting a business doesn’t always require a massive investment. Many profitable ventures can be initiated with as little as 1 lakh rupees or less. Below is a comprehensive list of different types of money-making businesses that you can consider.


1. Food and Beverage Businesses

A. Tiffin Services

With increasing urbanization and busy lifestyles, people often look for affordable home-cooked meal services.

  • Investment: INR 20,000–30,000

  • Requirements: Basic cooking skills, utensils, and delivery setup.

  • Earnings: INR 20,000–50,000 per month.

B. Small Food Stall

Setting up a stall for items like momos, chaat, or sandwiches can be lucrative in crowded areas.

  • Investment: INR 30,000–50,000

  • Requirements: Portable stall, ingredients, and basic marketing.

  • Earnings: INR 30,000–70,000 per month.

C. Tea and Snacks Corner

Tea stalls are evergreen businesses, especially near offices and educational institutions.

  • Investment: INR 10,000–20,000

  • Requirements: Stove, utensils, tea ingredients, and basic furniture.

  • Earnings: INR 15,000–40,000 per month.

D. Homemade Pickles and Sauces

Selling homemade pickles and sauces online or offline can attract food enthusiasts.

  • Investment: INR 15,000–25,000

  • Requirements: Knowledge of recipes, packaging materials.

  • Earnings: INR 10,000–30,000 per month.


2. Retail and Reselling Businesses

A. Online Reselling

Platforms like Meesho or Amazon allow you to resell products without maintaining a large inventory.

  • Investment: INR 5,000–15,000

  • Requirements: Smartphone, internet connection, and sourcing knowledge.

  • Earnings: INR 15,000–50,000 per month.

B. Second-Hand Goods Store

Selling used books, furniture, or electronics can be a great way to generate income.

  • Investment: INR 20,000–50,000

  • Requirements: Storage space and a good network.

  • Earnings: INR 20,000–60,000 per month.

C. Mobile Accessories Shop

The demand for mobile accessories like chargers, earphones, and covers is high.

  • Investment: INR 50,000–1,00,000

  • Requirements: Wholesale suppliers and a small retail space.

  • Earnings: INR 30,000–80,000 per month.

D. Stationery Shop

Targeting students or offices, a stationery shop can be a steady income source.

  • Investment: INR 50,000–70,000

  • Requirements: Small shop and good variety of products.

  • Earnings: INR 20,000–50,000 per month.


3. Service-Based Businesses

A. Freelancing

Skills like graphic design, content writing, or social media management can be monetized.

  • Investment: INR 10,000–20,000 (for tools and courses)

  • Requirements: A computer and internet connection.

  • Earnings: INR 30,000–80,000 per month.

B. Tuition Classes

Offering classes for academic subjects, music, or art can be highly profitable.

  • Investment: INR 5,000–10,000

  • Requirements: A dedicated space and expertise in the subject.

  • Earnings: INR 20,000–40,000 per month.

C. Event Planning

Organizing small birthday parties or community events is a viable option.

  • Investment: INR 30,000–50,000

  • Requirements: Good networking and organizational skills.

  • Earnings: INR 50,000–100,000 per month.

D. Repair Services

If you have expertise in repairing electronics or appliances, you can start small.

  • Investment: INR 10,000–20,000

  • Requirements: Tools and repair knowledge.

  • Earnings: INR 15,000–50,000 per month.


4. Digital and Online Businesses

A. Blogging

Starting a blog in a niche area can attract traffic and generate income via ads or sponsored posts.

  • Investment: INR 5,000–15,000

  • Requirements: Domain, hosting, and content strategy.

  • Earnings: INR 10,000–50,000 per month.

B. YouTube Channel

Creating video content in cooking, tech reviews, or travel can generate ad revenue.

  • Investment: INR 10,000–20,000

  • Requirements: Camera or smartphone, editing software.

  • Earnings: INR 15,000–80,000 per month.

C. Dropshipping

Sell products online without managing inventory. Shopify and WooCommerce are great platforms to start.

  • Investment: INR 20,000–50,000

  • Requirements: Website and supplier.

  • Earnings: INR 30,000–100,000 per month.

D. Social Media Marketing Agency

Helping businesses grow online is a skill in demand.

  • Investment: INR 30,000–50,000

  • Requirements: Marketing tools and strategies.

  • Earnings: INR 40,000–100,000 per month.


5. Creative Businesses

A. Handmade Crafts

Selling handmade jewelry, candles, or gifts on Etsy or local markets can be rewarding.

  • Investment: INR 20,000–40,000

  • Requirements: Crafting materials and creativity.

  • Earnings: INR 15,000–50,000 per month.

B. Photography Services

Event and portrait photography have consistent demand.

  • Investment: INR 50,000–80,000 (for a decent camera)

  • Requirements: Photography skills and portfolio.

  • Earnings: INR 30,000–80,000 per month.

C. Graphic Designing

Freelance graphic design services for businesses and individuals are always in demand.

  • Investment: INR 20,000–50,000 (for a computer and software)

  • Requirements: Creative skills and software knowledge.

  • Earnings: INR 30,000–100,000 per month.

D. Customized T-Shirts

Printing and selling custom T-shirts online or locally is popular.

  • Investment: INR 50,000–80,000

  • Requirements: Printing machine and designs.

  • Earnings: INR 30,000–70,000 per month.


6. Agriculture and Rural-Based Businesses

A. Organic Farming

Selling organic vegetables or fruits locally is a great idea.

  • Investment: INR 10,000–30,000

  • Requirements: Small plot of land and farming knowledge.

  • Earnings: INR 15,000–40,000 per month.

B. Poultry Farming

Raising chickens for eggs or meat can yield quick returns.

  • Investment: INR 50,000–1,00,000

  • Requirements: Space and care for birds.

  • Earnings: INR 30,000–80,000 per month.

C. Beekeeping

Producing and selling honey locally or online has a high profit margin.

  • Investment: INR 20,000–50,000

  • Requirements: Hives and training.

  • Earnings: INR 20,000–60,000 per month.

D. Plant Nursery

Selling saplings and plants can be highly profitable.

  • Investment: INR 30,000–50,000

  • Requirements: Space and basic gardening knowledge.

  • Earnings: INR 20,000–50,000 per month.


7. Health and Wellness Businesses

A. Yoga Classes

Offering yoga or fitness training can attract health-conscious individuals.

  • Investment: INR 10,000–20,000

  • Requirements: Certification and a dedicated space.

  • Earnings: INR 20,000–50,000 per month.

B. Herbal Products

Selling natural skincare or health products is trending.

  • Investment: INR 30,000–50,000

  • Requirements: Recipes and packaging.

  • Earnings: INR 15,000–40,000 per month.

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