Everyone dreams of becoming their own boss by starting a business, but very few people become successful. If you are among that small group and are considering quitting due to a lack of ideas, here is a list of small business ideas with an investment of fewer than 50 lakhs that can help you get started immediately.
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Table of Contents
11 Low-Cost Small Business Ideas That Require Less Than 50 Lakhs in Investment
- Construction Business
- Restaurant
- Paragliding School
- Online Gaming Business
- Educational Tourism
- Online Art Gallery
- Online Shoe Retailing Business
- Business Incubator
- Fast Food Corner
- Chemical Trading
- Book Shop
- Conclusion
1. Construction Business
As the population rises and the need for housing increases, now is a great time to invest in the requirements for a construction business and start a venture of your own.
It’s among the best business ideas that require an investment of 50 Lakhs, potentially bringing you more money.
2. Restaurant
Restaurants are always seen as a great and profitable business to start with an investment of up to 50 Lakhs. As people are becoming more and more interested in dining out, launching a restaurant could bring in lots of money. Spending on decoration and creating a varied menu can help you draw even more customers.
Check out this article on small business ideas you can start with only one lakh.
3. Paragliding School
If you’re passionate about adventure sports, then starting a paragliding school for under 50 lakhs is an amazing idea.
You can offer various services such as paragliding courses, classes, high-quality equipment, and flying trips to clients which will bring in a good profit.
4. Online Gaming Business
Over the past few years, gaming has become immensely popular among young adults. Nowadays, it’s viewed as a kind of entertainment or leisure activity. If you’re well-informed about gaming, then you could start up a website and offer your own gaming software.
Alternatively, you can employ specialists to assist you in establishing your enterprise. This is a great small business concept that requires less than 50 Lakhs of investment and comes with considerable potential profits.
5. Educational Tourism
With an initial investment of 50 Lakhs, educational tourism is an excellent small business idea. If you want to make a difference in the lives of others, you can set up courses, learning experiences, and trips for students so that they can learn and exchange knowledge. This venture is becoming increasingly popular and profitable.
Check out this collection of 11 small business ideas that require less than 10 lakhs in investment.
6. Online Art Gallery
Establishing an online art gallery has the potential to become a very profitable business as it provides a massive platform for artists from all around the world to display
7. Online Shoe Retailing Business
All you need to start this business is a good tech background, no qualifications are necessary.
Establishing an online shoe retail store gives you the flexibility to examine a wide range of shoes, making it one of the most profitable businesses you can open up with 50 Lakhs.
8. Business Incubator
As a business incubator, your main role is to support new companies as they expand and develop by providing them with relatively affordable workspace, investors, working capital, and necessary professional services. This is an excellent business idea that requires a total investment of 50 lacks.
9. Fast Food Corner
Starting a fast food business with an investment of 50 Lakhs is a great venture to consider as the demand for fast food increases daily. Invest in an ideal location and offer quality food to gain customers and make a profit.
Check out this article: 9 Business Ideas You Can Start With Little or No Money
10. Chemical Trading
If you’re looking for a great small business opportunity with an investment of under 50 Lakh, chemical trading is the perfect option. To get started, you will need to acquire proper training in order to manage chemicals efficiently.
Additionally, conducting market research and creating an effective business plan are essential components of launching this venture successfully.
11. Book Shop
Starting a bookstore can be one of the best business ideas under 50 Lakh and is relatively straightforward to open. To get more returns, you should choose to locate in areas such as near schools or universities. Promoting the business would also help increase profits.
These were some fantastic business ideas for those with a 50 lakh budget. I hope you found this helpful. If you have any other ideas that are great investments with 50 lacks, let us know in the comments.
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