What Business Can I Start With 5 Lakhs?

What can I do with 5 lakhs?

20 ventures you can start with Rs 5 lakh!BusinessSkills neededAmount you need to start (Rs)Online adsMedia planning, knowledge of Net, networking300,000Verification servicesNetworking with police, legal knowledge400,000Tank cleaningTech-savvy400,000Travel guideKnowledge about getaways, high fun quotient1,50,00016 more rows•Oct 26, 2007.

What are the most successful small businesses?

Most Profitable Small BusinessesTax Preparation and Bookkeeping. Without needing fancy premises or expensive equipment, tax preparation and bookkeeping services come with low overheads. … Catering Services. … Website Design. … Business Consulting. … Courier Services. … Mobile Hairdresser Services. … Cleaning Services. … Online Tutoring.More items…•

What business can I start with 1lakh?

6) Food catering Party orders can also be taken with simple raw materials, one kitchen and some marketing is a good idea to start with. If you love food and can manage a small team, this could be one of the top business ideas for you to grow with low investment of Rs 1 Lakh.

Where can I invest in 5 lakhs?

5 Best Options For Those Looking To Invest Upto Rs 5 LakhsShares of Coal India. This is a suggestion that may come as a little bit of a surprise. … Fixed Deposits of Mahindra and Mahindra. The fixed deposits of Mahindra and Mahindra offer a good interest rate. … IDFC First Bank. … Bajaj Finserv Fixed Deposits. … Shriram Transport Finance.

Is 5000 enough to start a business?

In most cases, you can start a virtual assistant business with far less than $5,000. You could even do this work for free! However, to do it the right way, with proper marketing and a solid business plan, you may want to consider putting a bit of money down on your dream.

How can I start a business with 5 000 dollars?

6 Businesses You Can Start for Under $5,000Tutoring or online courses. Tutoring and online learning can be terrific business opportunities, and quite attainable with seed money from a tax return. … Make a product and sell it online. … Open a consulting business. … Create an app or game. … Become a real estate mogul. … Virtual assistant.

What’s the cheapest franchise to open?

Low-Cost/Cheap FranchisesCruise Planners. Franchise fee: $10,995. Initial investment: $2,095 to $22,867. … SuperGlass Windshield Repair.JAN-PRO.Jazzercise. Franchise fee: $1,250. Initial investment: $2,500 to $38,000. … Dream Vacations. Franchise fee: $495 to $9,800. Initial investment: $3,245 to $21,850.

What business can I start with 3 lakhs?

Ideas for Startups under 2 LakhsHousekeeping and Cleaning Services. … Accountancy Services. … Mobile / Computer Servicing and Repair Services. … Trip Planner. … Content writing agency. … Android App Development. … 3 Best Strategies that Increase Your eCommerce Business Sales. … 10 Best Famous Fintech Startups in India (2020)

How can I get 10 lakhs in 5 years?

To create a corpus of Rs 10 lakh in five years, with a monthly investment of Rs 11,000, you need to invest in those schemes that generate 17 per cent returns on a compounding basis. While historically, equity schemes have delivered 17 per cent returns over the last five years, it is safe to lower the expectations.

How can I make 15 lakhs in 3 years?

For example, assuming an annual return of 6.5 per cent, you should invest around Rs 37,650 every month to create a corpus of Rs 15 lakh in three years. Assuming an annual return of 8 per cent, you need to invest around Rs 36,750 for the next 36 months to create your target corpus.

What is the best business for beginners?

Here is a list of 51 of the best small business ideas for beginners with the right skill sets.Home Contractor. … Landscaping Business. … Freelance Writer. … Blogger. … Virtual Assistant. … Home Cleaning Service. … Child Care Service. … Courier.More items…•

What is the cheapest business to open?

20 Cheap Businesses You Can Start in Your Spare TimeSales Consultant. Avon, Mary Kay, Pampered Chef, and Tupperware all enlist the help of local sales representatives to get the word out to shoppers about their products. … Lawn care. … Homemade gourmet foods. … Babysitting. … Cleaning services. … Catering. … Errands. … Handyman.More items…•

How can I earn 50 lakhs in 15 years?

My suggestion to you would be to direct the money into a nifty index fund like HDFC Index Fund Nifty 50 Plan and Mirae Asset Large Cap Fund. At an expected return of 12 per cent per annum, your monthly investment of Rs 10,000 would help you to create Rs 50 lakh, not accounting for income tax, in 15 years.

How can I earn lakhs in a month?

For trading business, you need to have your Demat &Trading Account. This is one of the Best method out of 11 Best & Real Ways to Earn 1 Lakhs Per Month Online. Online Selling is the best and simplest method to earn money online. I am sure you all must be aware of Online Selling, If not, I will let you know the same.

What business can I start with 2 lakh?

Business Ideas Under 2 LakhStart a Car Driving School. Starting a car driving school is profitable and always in demand business. … E-Rickshaw business (Battery Rickshaw) … Start a Fast Food Restaurant. … Tea / Coffee Stall. … Bakery Shop. … Selling Mobile Phone Accessories Online. … Jute Bags Business. … Start Seasonal Business.More items…•