Top 30 Business Ideas Under 1 Lakh. Did you know that there are many business ideas that can be started for under 1 lakh? There’s a misconception that in order to start a business, one needs at least 10-15 lakhs in the bank. This is not true! In this post we’ll talk about some of these businesses and how they can be started with less than Rs.1 lakh:
Top 30 Business Ideas Under 1 Lakh
1. A food truck:
A food truck can cost anywhere from 50,000 – 75,000 rupees depending on if you want organic or non-organic ingredients. The costs will also include labor and other miscellaneous expenses such as fuel and insurance. You may need an additional 25,000 – 30,000 rupees for marketing purposes which include social media ads and printed material.
2. A home-based business:
A home-based business can be started for as little as 10,000 rupees. This will include the cost of a computer, internet connection, and telephone. You may need to invest in additional office equipment or furniture, but this is usually not necessary.
3. A small retail store:
A small retail store can be started for under Rs. 1 lakh. This will include the cost of rent, equipment, inventory and other miscellaneous expenses. You’ll need to market your business to get customers into the store which may require additional expenses, but you may find the return in profits very rewarding!
4. A low-cost event planner:
An events management business can be started for under Rs. 1 lakh and can easily be run from home. This will include the cost of rent, equipment, and marketing materials such as social media and printed material. You’ll need to hire employees which may require additional expenses but if done correctly, an event management business can be extremely profitable.
5. Home-made food delivery:
You can start a homemade food delivery service for under Rs. 1 lakh. This includes the cost of ingredients, packaging, and delivery costs. You’ll need to market your business online or through word-of-mouth to get customers.
6. An e-commerce store:
You can start a low-cost e-commerce store for under Rs. 1 lakh. This will include the cost of hosting, marketing materials, packaging, and other miscellaneous expenses. You’ll need to promote your website through different channels which may require additional marketing costs, but this is usually worth it if you’re able to generate enough sales!
7. An educational institute:
Education can be a lucrative business to run. You can start an educational institute for under Rs. 1 lakh including the cost of renting or purchasing facilities, hiring teachers, and marketing materials.
8. A pet grooming service:
A pet grooming service may cost around Rs. 40,000-50,000 for equipment depending on what exactly you need to purchase. Other expenses such as advertising and miscellaneous supplies will cost around Rs. 10,000-15,000. You’ll also need to pay for any employees working under you which may require additional salary and benefits (and you should consider this) and may total up to an additional Rs. 40,000 – 50,000.
9. A wedding planner:
A wedding planner can be started for Rs. 1 lakh including the cost of renting or purchasing facilities, hiring employees, and marketing materials. You’ll also need to pay for your employees which may require an additional salary, insurance, etc. (you should consider this) totaling up to an additional Rs. 40,000 – 60,000.
10. A tuition service:
A tuition business can be started for under Rs. 1 lakh including the cost of renting or purchasing facilities, hiring employees, and marketing materials. You’ll need to pay for your employees which may require additional salary and benefits totaling up to an additional Rs. 40,000 – 50,000.
11. A snail farm:
If you’re into the agriculture business then it’s always a good idea to start a snail farm! You can do this for Rs. 1 lakh including the cost of buying snails, renting or purchasing facilities, and other miscellaneous expenses such as equipment and marketing materials. You’ll need to pay for any employees working under you which may require additional salary and benefits (you should consider this) along with any other expenses such as transportation etc. This will cost an additional Rs. 40,000 – 50,000.
12. A seafood restaurant:
A seafood restaurant can be started for around Rs. 3 lakh including the cost of renting or purchasing facilities, equipment, inventory, and other miscellaneous expenses. You may need to hire employees which may require additional salary and benefits (you should consider this) along with any other expenses such as transportation etc. This will cost an additional Rs. 40,000 – 50,000.
13. A mobile electronics store:
A mobile electronics store can be started for Rs. 1 lakh including the cost of renting or purchasing a facility, marketing materials, and other miscellaneous expenses. You’ll need to pay for your employees which may require additional salary and benefits totaling up to an additional Rs. 40,000 – 50,000.
14. A business center:
A business center can be started for about Rs. 4 lakh including the cost of renting or purchasing facilities, equipment and other miscellaneous expenses. You’ll need to pay for your employees which may require additional salary and benefits (be sure to consider this) along with any other expenses such as transportation etc. This will cost an additional Rs. 40,000 – 50,000.
15. A web designing service:
A web designing service can be started for Rs. 1 lakh including the cost of renting or purchasing a facility, marketing materials, and other miscellaneous expenses. You’ll need to pay for your employees which may require additional salary and benefits (you should consider this) along with any other expenses such as advertising etc. This will cost an additional Rs. 40,000 – 50,000.
16. A pest control service:
A pest control business can be started for under Rs. 1 lakh including the cost of renting or purchasing a facility, marketing materials and other miscellaneous expenses. You’ll need to pay for your employees which may require additional salary and benefits (you should consider this) along with any other expenses such as transportation etc. This will cost an additional Rs. 40,000 – 50,000.
17. A catering service:
A catering service can be started for under Rs. 1 lakh including the cost of renting or purchasing a facility, marketing materials and other miscellaneous expenses. You’ll need to pay for your employees which may require additional salary and benefits (you should consider this) along with any other expenses such as transportation etc. This will cost an additional Rs. 40,000 – 50,000.
18. A recycling business:
A recycling business can be started for under Rs. 1 lakh including the cost of renting or purchasing a facility, marketing materials and other miscellaneous expenses. You’ll need to pay for your employees which may require additional salary and benefits (you should consider this) along with any other expenses such as transportation etc. This will cost an additional Rs. 40,000 – 50,000.
19. A liquor store:
A liquor store can be started for about Rs. 3 lakh including the cost of renting or purchasing facilities, equipment and other miscellaneous expenses. You’ll need to pay for your employees which may require additional salary and benefits (be sure to consider this) along with any other expenses such as advertising etc. This will cost an additional Rs. 40,000 – 50,000.
20. A mobile phone store:
A mobile phone store can be started for Rs. 1 lakh including the cost of renting or purchasing a facility, marketing materials, and other miscellaneous expenses. You’ll need to pay for your employees which may require additional salary and benefits (you should consider this) along with any other expenses such as transportation etc. This will cost an additional Rs. 40,000 – 50,000.
21. A bakery:
A bakery can be started for under Rs. 1 lakh including the cost of renting or purchasing a facility, marketing materials and other miscellaneous expenses. You’ll need to pay for your employees which may require additional salary and benefits (you should consider this) along with any other expenses such as transportation etc. This will cost an additional Rs. 40,000 – 50,000.
22. A daycare:
A daycare can be started for under Rs. 1 lakh including the cost of renting or purchasing a facility, marketing materials and other miscellaneous expenses. You’ll need to pay for your employees which may require additional salary and benefits (you should consider this) along with any other expenses such as transportation etc. This will cost an additional Rs. 40,000 – 50,000.
23. A pet care service:
A pet care service can be started for under Rs. 1 lakh including the cost of renting or purchasing a facility, marketing materials and other miscellaneous expenses. You’ll need to pay for your employees which may require additional salary and benefits (you should consider this) along with any other expenses such as transportation etc. This will cost an additional Rs. 40,000 – 50,000.
24. A car detailing service:
A car detailing service can be started for under Rs. 1 lakh including the cost of renting or purchasing a facility, marketing materials and other miscellaneous expenses. You’ll need to pay for your employees which may require additional salary and benefits (you should consider this) along with any other expenses such as transportation etc. This will cost an additional Rs. 40,000 – 50,000.
25. A car wash:
A car wash can be started for under Rs. 1 lakh including the cost of renting or purchasing a facility, marketing materials and other miscellaneous expenses. You’ll need to pay for your employees which may require additional salary and benefits (you should consider this) along with any other expenses such as transportation etc. This will cost an additional Rs. 40,000 – 50,000.
26. A courier service:
A courier service can be started for under Rs. 1 lakh including the cost of renting or purchasing a facility, marketing materials and other miscellaneous expenses. You’ll need to pay for your employees which may require additional salary and benefits (you should consider this) along with any other expenses such as transportation etc. This will cost an additional Rs. 40,000 – 50,000.
27. A design service:
A design service can be started for under Rs. 1 lakh including the cost of renting or purchasing a facility, marketing materials and other miscellaneous expenses. You’ll need to pay for your employees which may require additional salary and benefits (you should consider this) along with any other expenses such as transportation etc. This will cost an additional Rs. 40,000 – 50,000.
28. A dog walker service:
A dog walker service can be started for under Rs. 1 lakh including the cost of renting or purchasing a facility, marketing materials and other miscellaneous expenses. You’ll need to pay for your employees which may require additional salary and benefits (you should consider this) along with any other expenses such as transportation etc. This will cost an additional Rs. 40,000 – 50,000.
29. A home cleaner service:
A home cleaning service can be started for under Rs. 1 lakh including the cost of renting or purchasing a facility, marketing materials and other miscellaneous expenses. You’ll need to pay for your employees which may require additional salary and benefits (you should consider this) along with any other expenses such as transportation etc. This will cost an additional Rs. 40,000 – 50,000.
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30. A moving company:
A moving company can be started for under Rs. 1 lakh including the cost of renting or purchasing a facility, marketing materials and other miscellaneous expenses. You’ll need to pay for your employees which may require additional salary and benefits (you should consider this) along with any other expenses such as transportation etc. This will cost an additional Rs. 40,000 – 50,000.
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Final Words:
Valet service can be started for under Rs. 1 lakh including the cost of renting or purchasing a facility, marketing materials and other miscellaneous expenses. You’ll need to pay for your employees which may require additional salary and benefits.
Top 30 Business Ideas Under 1 Lakh
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