Best 30 Business Ideas For Under 10 Lakhs (Monthly Earn 8000$)

Best 30 Business Ideas For Under 10 Lakhs. Nowadays, starting a business is not as difficult as it used to be. With the advent of the internet and all the tools and resources available online, anyone with an idea can start a business with little or no money. In this article, we will discuss some business ideas that can be started for under 10 lakhs rupees.

Best 30 Business Ideas For Under 10 Lakhs

Best 30 Business Ideas For Under 10 Lakhs 1
Best 30 Business Ideas For Under 10 Lakhs 1

1. Restaurant:

Starting a restaurant is the most common business idea for under 10 lakhs rupees. The food and beverages industry has always been an interesting field for budding entrepreneurs, and with changing times, the food-on-the-go trend has increased. You can start your own chain of fast food outlets or cafes to take advantage of this trend. However, do keep in mind that this industry is extremely competitive and you will need to have a unique selling proposition to set your restaurant apart from the rest.

2. Service Business:

Another great business idea for under 10 lakhs rupees is a service-based business. A service-based business can be anything from a home cleaning service to a lawn care service. The only requirement is that your business must be able to provide services that you can sell on an hourly basis. This is another industry with low entry barriers and you will find it relatively easy to start such a business as compared to other options.

3. Mobile Recharge Store:

The telecom industry has been growing at a rapid pace in India and there is a huge demand for mobile recharge services. If you are looking for a business idea that has low investment requirements and high profitability, then starting a mobile recharge store is an excellent option. All you need to start this business is a laptop and an internet connection, and you can easily make a 10-15% profit on each transaction.

4. App Development:

In this digital age, mobile app development is one of the most lucrative business opportunities. With over 2 billion active users, the global mobile app market is expected to grow to $188 billion by 2020. If you have the skills to develop mobile apps, then this is a business venture that you should definitely consider. The great thing about this business is that you can start it from home with very little investment.

5. Food Delivery:

Food delivery is another great business model for starting a new venture on a shoestring budget. With the rise of food aggregating sites such as Swiggy, Zomato, and Uber Eat, more and more young people are taking to this industry due to its high-profit margins and low overheads. If you have a car and know how to cook, then a food delivery service is a great option for you.

6. Grocery Store:

Another common type of business that people start with under 10 lakhs rupees is a small grocery store. Depending on the location of your store, you might need to invest more money into the inventory, but with a little effort, you can make a healthy profit from this business. Grocery stores are becoming increasingly popular due to the increasing number of nuclear families in India, and there is a lot of potential for growth in this industry.

7. Event Management:

If you have a flair for organizing events and are good at networking, then starting an event management business is a great option. Event management is a rapidly growing industry and there is a lot of potential for growth. The only prerequisite for starting this business is that you have the requisite skills and knowledge about event planning.

8. Online Store:

The final business idea that we will discuss in this article is starting an online store. If you have the skills to set up an eCommerce site, this business has low capital requirements and can be started with as little as Rs.1 lakh. An eCommerce store is a great way to take your product or service directly to the end customer, which minimizes overheads and operating costs.

9. Academic Tutoring:

If you are good at academics and have the requisite teaching skills, then starting an academic tutoring service is a great business idea. Academic tutoring is a growing industry and there is a lot of demand for quality tutors. This is a home-based business with low investment requirements, and you can easily make a healthy profit from this business.

10. Personalized T-Shirt Business:

If you are good at graphic designing and have some t-shirt printing experience, then starting a personalized t-shirt business is one of the easiest ways to start a new venture on a shoestring budget. As long as you have the equipment required for printing t-shirts, you can start this business by reaching out to your social circle via Whatsapp.

11. Mobile App Development:

The mobile app industry is one of the most booming industries in India today, with an expected growth rate of 38% in 2017. If you have the requisite skills for developing mobile apps, then this industry offers a high return on investment and can be started with a small amount of capital. All you need is to have the technical skills required for developing apps, along with the necessary business acumen.

12. Home Catering:

Another great business idea that can be easily started on a shoestring budget is starting a home catering service. With the number of nuclear families on the rise in India, there is a growing demand for home catering services. This is a low-investment business with high-profit margins, and you can easily make a good living from this venture.

13. Car Wash:

If you are good at cleaning cars and have some basic mechanical knowledge, then starting a car wash service is a great business idea. A car wash service is a low-investment business that can be started with as little as Rs.10,000, and you can easily make a healthy profit from this venture.

14. Delivery Service:

If you have a vehicle and some basic delivery skills, then starting a delivery service is a great business idea. Delivery service is a low-investment business that can be started with as little as Rs.5,000, and you can easily make a healthy profit from this venture.

15. Recycling Service:

If you are environmentally conscious and have some basic mechanical skills, then starting a recycling service is a great business idea. Recycling service is a low-investment business that can be started with as little as Rs.10,000, and you can easily make a healthy profit from this venture.

16. Event Planning:

Event planning is a rapidly growing industry and there is a lot of potential for growth. The only prerequisite for starting this business is that you have the requisite skills and knowledge about event planning.

17. CONSTRUCTION BUSINESS :

The construction business is a great opportunity for those who want to start their own business. This business has a high potential for growth and can be started with a small amount of capital. You need to have some basic construction skills and knowledge about the industry to start this business.

18. FURNITURE BUSINESS:

The furniture business is another great opportunity for those who want to start their own business. This business has a high potential for growth and can be started with a small amount of capital. You need to have some basic construction skills and knowledge about the industry to start this business.

19. Handmade polish business:

If you are good at making homemade natural polishes, then starting a handmade polish business is a great business idea. This is a low-investment business with high-profit margins, and you can easily make a good living from this venture.

20. Mobile Phone Repair:

If you are good at repairing mobile phones, then starting a mobile phone repair business is a great business idea. This is a low-investment business with high-profit margins, and you can easily make a good living from this venture.

21. Tailoring Service:

If you are good at sewing and have some basic business skills, then starting a tailoring service is a great business idea. Tailoring service is a low-investment business that can be started with as little as Rs.5,000, and you can easily make a healthy profit from this venture.

22. Jewellery designing:

If you have good knowledge about the jewelry and fashion industry, then starting a jewelry design business is a great business idea. This is a low-investment business with high-profit margins, and you can easily make a good living from this venture.

23. Electronics Repair:

Electronics and electrical goods like air conditioners and televisions often malfunction and break down due to technical problems. This is an opportunity for you to start an electronics repair business where you could fix minor electrical problems in these household appliances while the user waits, or while the appliance is still functional. This is a low-investment business with high-profit margins, and you can easily make a good living from this venture.

24. Soap Making:

Soap-making is a great business idea for those who want to start their own business with a small amount of investment. This is a low-investment business with high-profit margins, and you can easily make a good living from this venture.

25. Event Photography:

Event photography is a great business idea for those who want to start their own business with a small amount of investment. This is a low-investment business with high-profit margins, and you can easily make a good living from this venture.

26. Food Delivery Service:

If you have some basic business skills and a vehicle, then starting a food delivery service is a great business idea. This is a low-investment business with high-profit margins, and you can easily make a good living from this venture.

27. Auto Repair:

If you have a garage at home or some basic auto repairing skills, then starting an auto repair business is a great business idea. This is a low-investment business with high-profit margins, and you can easily make a good living from this venture.

28. Exotic Fish Farming:

Fish farming has been found as one of the most profitable business ideas in recent years. This is a low-investment business with high-profit margins, and you can easily make a good living from this venture.

29. Car Wash:

Car wash is another great business idea that you could start on the roadside with just Rs 5,000 initial capital investment. It’s an easy business that you can run from home. You will need a good water connection (2-3 HP motor) and a separate room to start this business.

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30. Bakery:

If you have some basic baking skills, then starting a bakery is a great business idea. This is a low-investment business with high-profit margins, and you can easily make a good living from this venture.

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Final Word:

These are some of the most profitable small business ideas without investment that you can start with little money. All these ventures require just a small investment and can be started at home or office. You can easily turn your passion into profits through these business ideas for beginners.

Best 30 Business Ideas For Under 10 Lakhs

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Best 30 Business Ideas For Under 10 Lakhs 1
Best 30 Business Ideas For Under 10 Lakhs 1

1. What are some business ideas for under 10 lakhs?

There are many business ideas for under 10 lakhs, but some of the most popular ones include opening a restaurant, starting a small business, or becoming a freelancer.

2. What are the pros and cons of starting a business for under 10 lakhs?

There are many pros and cons to starting a business for under 10 lakhs. Some of the pros include the lower cost of startup, the ability to be flexible with your plans, and the potential to make a larger profit margin. Some of the cons include the potential for wasting your time, no outside funding, and not having proven success.

3. What are some successful business ideas for under 10 lakhs?

Some of the most successful business ideas for under 10 lakhs include starting an e-commerce store, opening a restaurant franchise, or becoming a freelancer. However, a popular trend is becoming a digital nomad and traveling the world for work.

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