What business can I start with 5 lakhs?
Business | Skills needed | Amount you need to start (Rs) |
---|---|---|
Food delivery | Marketing and sales | 15,000 |
Uniform making | Man management | 20,000 |
Property management | Marketing and sales | 50,000 |
Telecom Business Consultantcy | Networking | 50,000 |
You can either sell readymade garments or clothing material as per your knowledge or interest. For opening a store, you would need a space for rent, clothes and a few employees. Thus, it is one of the best business ideas to start under 5 lakhs as the investment is low, demand is high, and profit margins are good.
- IT or gadget store. The IT or gadget store is the best business under 10 lakh. ...
- Cleaning business. The next new business idea is to start a cleaning business. ...
- Catering business. ...
- Travel business. ...
- Online stores. ...
- Fitness centre. ...
- Spa service business.
- Open-air cinema business.
- Food truck business.
- Starting a gaming zone.
- Coaching institute business.
- Freelance writing.
- Setting up a gift shop.
- Soap Making.
- DJ business.
- Content creation. ...
- Personal or virtual assistant. ...
- Event planning services. ...
- Errand/concierge service. ...
- Professional reviewer. ...
- Social media consultant. ...
- Etsy shop. ...
- Online courses and tutoring.
...
Investment Options to Inves 15 Lakhs for Monthly Income
- Lump Sum Mutual Funds. ...
- ULIPs. ...
- Pension Plans. ...
- Traditional Guaranteed Monthly Income Schemes. ...
- Child Plans. ...
- Fixed Deposits.
- Invest in Direct Mutual Funds & New Fund. Offer (NFO) Discover 5000+ schemes. Track your portfolio 24X7. Invest Now.
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- Himalayan Range. The Himalayan range is a kitchenware brand that has expanded to become a global brand. ...
- Bean Beans. Bean Beans is a well-known cafe in Allahabad that has won numerous honours. ...
- Jugnoo. ...
- American Kidz. ...
- Cheops. ...
- Archies. ...
- Franchise of PMKVY. ...
- Scoop Amul.
Event Management. Event Management has always remained the most profitable business in India.
...
Subway.
Franchise Business | Subway |
---|---|
Industry | Food and Beverages (Fast Food) |
Founded in | 1965 |
Investment | INR 54-90 Lakhs |
Franchise Units | More than 500 |
What can I do with 1 lakh?
- Recurring Deposits. Recurring deposits come with the flexibility to invest an amount every month. ...
- Money Market Account. ...
- Debt Instruments. ...
- Bank Fixed Deposits. ...
- Post- Office Time Deposits. ...
- Large Cap Mutual Funds. ...
- Corporate Deposits.
- 1) Content Writer and Blogging. ...
- 2) Digital Marketing. ...
- 3) Mobile Apps. ...
- 4) Pollution masks. ...
- 5) Network Marketing. ...
- 6) Dropshipping. ...
- 7) Fashion Designing. ...
- 8) loT Home/ Builder Consultant.
- Choose public sector banks or NBFCs as your partner.
- Decide the loan tenure based on your expected expenses.
- Choose a payout – monthly, quarterly, half-yearly, annual or at maturity.
- Ask a finan.
Invest the full amount in an FD - A fixed deposit will give you a steady return on your investment. Today, you can invest the money and earn an interest of 5-8% an annum. Choose public sector banks or NBFCs as your partner. Decide the loan tenure based on your expected expenses.
Business | Skills needed | Amount you need to start (Rs) |
---|---|---|
Property management | Marketing and sales | 50,000 |
Telecom Business Consultantcy | Networking | 50,000 |
Wedding planning | Creativity | 50,000 |
Concierge services | Networking, communication skills | 50,000 |
- Amul Franchise. Amul parlor hits the list of the top franchises under Rs. ...
- Delhivery Franchise. Delhivery is one of the leading logistic and Courier companies. ...
- SastaSundar Franchise. ...
- Pizza Central Franchise. ...
- Brainy Bear Play School Franchise. ...
- Kwality Walls Franchise. ...
- Jugnoo Franchise. ...
- 1mg Franchise.