Business Under 1 Lakh Rupees: Nowadays, everyone is thinking about earning extra money. If you’re thinking about earning money, this news may be important for you. Due to rising inflation, people’s livelihoods depend solely on their jobs. Those considering starting a side business often shy away from it, believing that starting a business requires millions of rupees. Let’s explore this in detail.
Start a Home Bakery Business
Everyone loves to eat and drink these days, which is why home bakery businesses are growing rapidly. You can make and sell cakes, cookies, brownies, or pastries from your home. The initial investment is around 1 lakh rupees.
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If you promote your products on social media, you can start delivering them with good packaging. This can easily attract customers. You can also deliver online as soon as an order arrives.
Mobile Repair Service Shop
Mobile phones have become a vital necessity for everyone these days. If a phone breaks down, people want it repaired immediately. In this situation, a mobile repair business can be a great option. The advantage of this business is that it requires little investment but yields good profits.
For around ₹1 lakh, you can get training in repairing, set up basic tools, and a small workstation. Initially, you can start this business from home or a small shop with low rent. As your clientele increases and you become regular clients, you can expand both your service and your shop.
Digital Marketing Service
If you have knowledge of social media, websites, or online promotion, a digital marketing business can be a great opportunity for you. Today, every business, big or small, wants to have an online presence, and for this, they need digital marketing experts. With just a laptop, an internet connection, and your skills, you can start this business.
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It’s worth noting that your initial investment will be around ₹1 lakh, which includes basic setup and promotion. You can gradually build your network by taking on freelance projects. If you find the right clients, you could earn ₹50,000 or more within a few months. With hard work and market understanding, this low-capital business can generate substantial income.
