Starting a own business can be a big step. A business can be hit, can be flop. Because of the huge risk factor, many people not to start business. Which is sensible as their hard owned money can be in risk. Instead of investing a huge amount during the initial stage of a new business, you can also start with a low budget. There are multiple business ideas which can be utilised for only Rs 5,000.

5 business ideas to start a business with only 5,000 rupes:

Eco-friendly newspaper bags

With the government’s crackdown on single-use plastic, businesses are looking for eco-friendly alternatives like cloth and paper bags. This has increased the demand for plastic alternatives. Starting a newspaper bag manufacturing business is a promising option. You can start your business by offering eco-friendly products and selling directly to shopkeepers and even customers.

Ironing Service

Another business that can start with just ₹5,000 is an ironing service. Nowadays, people have less time to wash their clothes at home. Therefore, they need someone who can iron them. Ironing services are in high demand these days. Therefore, starting an ironing service can be a good idea, as you can start this service with just ₹5,000. All you need to do is purchase a sturdy iron.

Blogging

Another thriving business idea that doesn’t require a large investment is blogging. Blogging is one of the fastest-growing businesses today, where all you need to do is create content for your website. The more visitors you attract, the more money you’ll earn through advertising. You can earn a significant amount of money through blogging without investing a significant amount of money.

Tuition Service

If you have expertise in any subject, you can turn your expertise into a business without investing a large sum of money. You can teach students about the subject you’re good at. You can start a coaching center or teach online, and in both cases, you don’t need a lot of money to start a tutoring service.

 

Consultant

 

There’s no better business idea than sharing your expertise and experience with emerging businesses. You can help a startup become a unicorn, or you can share your expertise elsewhere and earn a hefty sum in return. Starting this business requires neither space nor a large investment; you can simply capitalize on the skills you’ve acquired over time.

Desclaimer: For any financial invest anywhere on your own responsibility, Times Bull will not be responsible for it.