Top 10 Businesses Under 5 Lakh in Village: When I started my business, I had no idea what direction to go in and what to do with it. In fact, the first year was probably one of the worst years of my life and I almost gave up on it multiple times.
Top 10 Businesses Under 5 Lakh in Village
But now, I’m so thankful that I held on because it has allowed me to build something successful that allows me to support my family and make money while helping others succeed as well. One of the hardest parts about starting a business is knowing where to begin, but don’t worry – we’ve got you covered!
1) Small shops: stationery, dry fruits, and packaged food
As cities grow, mom-and-pop shops seem to be shrinking. But still, small shops run by families are a common sight in most of our lives. The best part about starting a shop is that it doesn’t require any large investments and you can easily start with savings from your existing job. If you are willing to take some risks and learn every day, small businesses will reward you well.
Here are some of the top business ideas under 5 lakh rupees Don’t just stick to selling products; add services like washing machines, repairing shoes, or selling food items on a commission basis. Your locality should have enough people looking for these services and you can become their first point of contact without investing too much money into it. While adding more services to your shop might not help you generate revenue faster but will surely increase your customer base and make them come back for more if they are satisfied with what they get.
While there are plenty of malls now where you can sell branded clothes at wholesale prices but getting into such big malls requires hefty investments and complex paperwork which many entrepreneurs prefer avoiding at all costs especially when we live in times where e-commerce has taken over almost everything!
2) Grocery shop: vegetables, milk, fish, etc.
Visit the local grocery shop. This will give you an idea of what’s for sale and how much it costs. With a basic idea of prices, you can put together a rough menu for your restaurant and make sure that you’re getting good value for money. It may even be worth visiting multiple shops so that you can compare prices, as well as customer service quality and produce freshness (this is especially important if you’re planning to open a restaurant).
If some fresh items aren’t available at local shops, maybe someone could get them from other parts of town on your behalf or you could grow these things yourself (in which case, write an inventory of seeds and plants that are available nearby). Having control over your raw ingredients is important to maintain high-quality food at affordable prices.
3) Pet shop: cats, dogs, and birds
If you’re looking for a low-overhead business, petrol pumps are a good choice. You’ll need to set up shop within 1 kilometer of an area where there is heavy traffic, such as a busy market or residential area. You will also have to buy tanks and hire technicians for your service station to be profitable. Once your station is established, you’ll only have to hire employees on a part-time basis since everything else can be done by yourself.
An average petrol pump needs two workers with basic technical knowledge—one that works during day time and one during nighttime—and earns an estimated INR 50k/month (for both workers). If you operate near more populated areas, you can charge higher prices and make more profit.
4) Petrol pump
It’s no secret that fuel is a necessity for us all. In small cities and towns, gas stations are often few and far between, but there’s an untapped opportunity for entrepreneurs who can fill that void. Opening a gas station isn’t easy, but with patience and careful research, you could be on your way to financial independence in no time.
Make sure you weigh your options carefully: Some places aren’t zoned to allow gas stations, while others won’t permit ones with full-service pumps (which may require more manpower). You’ll also need a sizable sum of startup capital; expect to spend upwards of $500,000 at least. If you’re serious about becoming a successful entrepreneur, do some homework first.
5) Beauty parlor
Skincare Pakistan products have become a lucrative and highly profitable business opportunity for anyone living in an urban area or people having access to cities. If you are thinking of starting your own beauty parlour then let me tell you that it can be highly rewarding and there is no dearth of demand as we all love to look good.
Skincare products have become a lucrative and highly profitable business opportunity for anyone living in an urban area or people having access to cities. If you are thinking of starting your own beauty parlour then let me tell you that it can be highly rewarding and there is no dearth of demand as we all love to look good.
As you might expect, restaurants are usually a profitable business to get into. After all, people always need food! The restaurant industry is very competitive but there’s plenty of opportunity for anyone willing to put forth an effort. There are many options for different types of restaurants – from fast food to fine dining. You can even start your own food truck if you want something more mobile.
One thing that’s important when starting out is choosing a location with high foot traffic and good visibility (i.e., lots of windows). This will help ensure that customers can see your restaurant easily and decide whether or not they want to go inside. You also want to make sure that your location has enough space for seating and storage so you don’t run out of supplies before closing time.
7) Café/coffee shop
Most of us start out of our homes, not wanting to risk a lot of capital. The café or coffee shop is a really good first step because it’s simple to set up and you can control your costs easily. It also provides invaluable experience: As you’re developing your product or service, you’ll be learning how people like to purchase it, as well as what aspects are critical for success. For example, what goes into great-tasting coffee? Which drinks sell best? What food complements them well?
How can I make my shop aesthetically appealing without breaking my budget? Is there enough business to sustain my small venture? You’ll gain answers to all these questions when you open a modest café/coffee shop in your village. Also, with a café/coffee shop, you have an opportunity to experiment with different locations until you find one that works for you. When choosing a location, consider:
- Does it have foot traffic?
- Will customers park nearby?
- Are there any other businesses nearby that will help draw customers (e.g., grocery stores)?
- Are your competitors close by? If so, do they seem busy most of the time?
8) Cloth store
Remember when you used to go to a store and actually buy cloth? Yes, you’re old. Cloth stores are still around and can make a great business venture for someone looking to create their own business from scratch. Typically, running a cloth store involves buying from wholesalers and then re-selling them at retail prices. While there’s no guarantee that your inventory will sell at higher rates than what you bought it for, there’s also little risk associated with such an endeavor either.
As long as your returns are manageable (for example, through cash on delivery), your revenue can be stable without requiring too much capital investment. That said, keep in mind that online marketplaces like Amazon or Flipkart do offer competition. If you do plan to set up shop offline, ensure you know where your customer base is located and whether they’d prefer shopping online or offline. For more information about how to start a cloth store, check out The Startup Manual by Pankaj Bansal.
9) Doctor’s clinic
Run a Google search for salons near me and call or walk into as many as you can. Make sure to ask what services they offer and do your best to figure out which type of salon would be most profitable for you to start. At least initially, focus on walking distance customers only.
So that you can easily keep tabs on foot traffic and find ways to market yourself through local events, activities, and social media platforms. Also, make sure that whatever salon service you choose is something you enjoy doing. If not, it will be hard to run a successful business! And finally, get an idea of how much competition there is by searching Google Maps and Yelp reviews.
10) Salon (nail or hair)
This is a business that’s relatively easy to start and can be extremely profitable. The downside? High overhead costs if you want to provide more than basic services such as trimming, coloring, and blowouts. If you go high-end, it’s almost like running a small beauty boutique.
You’ll have regular clients who can spend $100 or more on hair or skin treatments every few weeks. But with low overhead—and low prices—you can run a successful salon out of your home. Just don’t expect to make millions; for most people, it’s an extra income stream rather than a full-time job.
There are many ways to make money online, but businesses within India can stand out and gain popularity. There are a lot of customers who would love to buy from a local company rather than an international company. It’s exciting when you can help your friends and family by starting your own business! Whether you’re selling clothes or cooking food if you like helping people find what they need then go for it!
Learn as much as you can about your market and work hard at making your business successful. You’ll have fun and make some extra cash while doing it! Don’t forget that learning is also a business venture on its own so be sure to stay ahead of trends in order to stay profitable. With hard work and dedication, there’s no reason why you couldn’t create something wonderful!