Business Under 1 Lakh Rupees: If you want to start a business with a low investment, there are some options that can be started for as little as 1 lakh rupees. Find out which idea is right for you.
Business Under 1 Lakh Rupees: Nowadays, everyone wants to ensure their income doesn't depend solely on their job. People consider starting a business for side income, but often back off, assuming that starting a business requires lakhs of rupees.
The truth is, with the right idea and hard work, a good business can be started with just 1 lakh rupees. Here, we're highlighting three such businesses that are in growing demand and offer good earning opportunities. Let's share the details.
Home Bakery Business
Everyone loves to eat and drink, which is why home bakery businesses are growing rapidly. You can make and sell cakes, cookies, brownies, or pastries from home. The initial cost includes an oven, mixer, molds, and some basic materials, which together total around ₹1 lakh.
If you promote your products on social media and start deliveries with good packaging, you can easily find customers. Starting with local orders, you can expand to online delivery platforms.
Mobile Repair Service Shop
Mobile phones are a necessity these days, and repairs are essential if they break down. Mobile repair is a business that requires little investment but yields good returns. With around ₹1 lakh, you can get training and set up basic tools, some equipment, and a small workstation. Initially, start from home or a small rented shop. Once you have regular customers within a few months, you can expand.
Digital Marketing Service
If you have knowledge of social media, websites, and online promotion, digital marketing services can be a very profitable business. Today, every business, big or small, wants to be visible online. This requires specialized personnel. With just a laptop, internet access, and skills, you can start working on freelance projects.
The initial investment won't exceed ₹100,000. If you find the right clients, you could earn over ₹50,000 within a few months. You don't need a large sum to start a business. If you work hard and understand the market, you can earn a substantial income even with ₹100,000.
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