Starting your own business is always a good choice. Being self-employed not only earns you a lot of money but also gives you the freedom to pick something that you genuinely believe in, making you your own boss.
I have provided some small business ideas that can be started with a one-lakh investment to get your venture off the ground.
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Table of Contents
- Tuition Class
- Tiffin Distribution Service
- Newspaper Distribution
- Cricket Coaching Centre
- SEO Services
- Food Truck
- Dietary Consultation Services
- Event Planning Services
- Childcare Services
- Florist
- Open a Cafe
- Conclusion
1. Tuition Class
If you are enthusiastic about teaching and aiding students to overtake their studies, then beginning your tuition lessons may be a suitable pursuit for you. It is important that you can begin your classes in an establishment where learners will be well-versed in using your services.
Initiating your tuition classes with a one lakh investment is considered to be one of the outstanding small businesses with which you can earn sizeable profits. Moreover, this type of venture has the potential to succeed particularly in cities like Bangalore.
2. Tiffin Distribution Service
If you love food and cooking, starting and running a tiffin distribution service is one of the best business ideas with only 1 lakh. You can start by doing it from home, but if you plan to do this on a larger scale, investing in a good location will cost you around 50,000 to 1 lakh.
3. Newspaper Distribution
Operating a newspaper distribution can be a very simple, and worthwhile venture, as long as you execute the necessary course of action. Since there is an ever-increasing requirement for newspapers, the primary benefit to this form of business is serious gain.
Having good expertise regarding this kind of venture and its practices is sufficient to begin one of the most profitable businesses with a base capital of ₹1 lac. You do not need an exorbitant budget of ₹10 lac to launch this business.
4. Cricket Coaching Centre
If you are passionate about cricket and have a good understanding of how the game is played, launching a cricket coaching center with an initial investment of one lakh rupees can prove to be an extremely profitable business. It’s one of the most lucrative businesses with just a 1 lakh investment.
5. SEO Services
As the online space has become increasingly populated with businesses, SEO has become more important for companies to grow. One could capitalize on this by developing SEO knowledge
6. Food Truck
A food truck is a smart venture to undertake if you have only ₹1 lakh to invest. Setting up this type of business requires you to buy an appropriate truck, as well as a cook if you aren’t an expert in the kitchen.
7. Dietary Consultation Services
The interest in a better life has been rising daily, so individuals are on the lookout for good nutritionists or dietitians. Therefore, offering dietary and consultation services can be highly advantageous.
This is one of the most successful businesses achievable with a one-hundred-thousand-dollar investment. To give your services a more professional outlook, you can put resources into an office to consult your clients.
8. Event Planning Services
If you have great event-planning skills and think you can help people with weddings and birthday parties, starting an event-planning business is one of the best investments under ₹1 lakh. It’s one of the best businesses to get into with a ₹1 lakh budget.
9. Childcare Services
The need for childcare services is growing every day due to both parents working. Hence, launching your own childcare services could bring you a great income.
To start this business venture, you’ll need a license for daycare and an appropriate area to care for the children. This is one of the best small business ideas that can be launched with an investment of 1 Lakh Rupees.
10. Florist
Investing in a florist shop can be a great business idea with an investment of 1 lakh. It will require you to obtain a shop and the required raw materials.
11. Open a Cafe
Opening a cafe is always one of the most cost-effective business strategies that require an investment of 1 lakh. You must spend your budget wisely to charm prospective customers to your cafè.
With only minimal expenses and a significant yield, this venture is an advantageous selection with a budget of 1 lakh or less.
Here is a list of good business ideas that require an investment of 1 lakh. Pick one and start your own venture. I hope this article gave you a better understanding.
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