Business is one thing in today’s world which if implemented properly can earn you lot of profits. The most important aspect of any business is the business idea and the capital investment. Although many people come up with different ideas but they usually lack the capital. This the primary reason where they fail to establish a successful business.
Moreover, business gives you the sole authority to operate rather than executing someone else’s orders. If you want to start a business under 5 lakhs investment then you have come to right place. Today, I will share some profitable business ideas under 5 lakhs investment which you can start now.
1))The one of most profitable business I heard in recent times which gave a huge success to my neighbor is Tempered glass business.
To start this you need,
1)Laser cutting tempered glass machine
2)2.5d 9h tempered glass sheet
Each sheet cost 10 rupees if you can make it through the machine, you can sell it for minimum 100 rupees. The cost of machine approximately 1.5L.ROI can reach up to 40k per month. That’s why it’s profitable.
2)) The other profitable business to start is T-shirt printing business. To start this you need,
1)T-shirts
2)Printing machine
You can buy t-shirts in whole from TIRUPPUR for a cost of 70–100 each one, if you print a good design, you can sell it for minimum 300.The cost of the machine is approximately 50–60k.
The machine also print cap, t-shirts and coffee cups.
3) The recently heard profitable business is Emoji buttons business. To start this you need,
Button making machine
This cost around 20k and the cost of the button is around 2 and you can sell it for 5.you can promote it for blood campaigns, Scouts, NCC and many others. You can expect a return of 15k per month. You can approach college for minimum 1500 buttons with their logo on functions.
Get into the food business – street food is an all-time hit business start on small scale on your own, also you can get franchises from startup street vendors (if you truly believe in their business).
Start selling merchandise with creative content and spend some thousands on digital marketing your brand (one of the trending business ideas).
Chef renting (freelancing) – DINKS couple, bachelors, face lot of trouble to get food cooked daily – start with small scale in the locality (pay per hour model) and take your commission.
Get into Farming – No one talks about this but it in the ultimate future large players are going to invest massively into it, where organic farming would be highly demanded along with large super markets have direct supply contracts of good grown products even they buy at a higher price than Market.
Consultancy services – learn about investment, mutual funds, or maybe insurance be an agent this could even be a great start.
Tea stall – sounds lame, but trust me they make about millions in a month
Tours & Travel agency – learn the market, give the best services and enjoy your commissions with the growing trend in the travel industry.
Fruit Juice Vending Machines – Make your own fruit juice(customer) – by their own personalized – they (customer) select fruits from ranges, pay you per KG and you take additional making charges and let your customer enjoy their customized drink.
Swayam, I have 10–15 business ideas that can be started in this much investment. But I need to know about the location where you want to start. On the basis of that, i will suggest you the businesses.
Here is a list of 10 best business ideas that you can start under INR 5 lakh –
I hope this answer would have helped!
I have an eye opening exercise for you.
How long will it take for you to EARN Rs. 500…… without a job and without investing or spending any money?
Answer this question honestly … if you are in a job already – continue with it and tell me how many days you need to earn Rs. 500 on the side?
Let us say that your answer is 10 days – I would say, go for it. Earn the first Rs. 500 outside of your job. But you must do it within 10 days.
This exercise will teach you a lot about entrepreneurship. It will teach you to think about what people would be willing to pay for.
Try it.
There are 5 business ideas that anyone can invest up to 5 Lakh –
Business – Food delivery
What’s it about – How do you layout a dinner spread with the best dishes from the best restaurants in town? Or, get food from your favorite restaurant? A specialist food delivery service can do just that.
Skills needed – Marketing and sales
The amount you need to start (Rs) – 15,000/-
Gross Profit (%) – 20
Business – Wedding planning
What’s it about – Weddings in India have unmatched opulence and are a long drawn process in some parts. Organize them for people who do not have the time.
Skills needed – Creativity
The amount you need to start (Rs.) – 50,000 /-
Gross Profit (%) – 15
Business – Custom-making chocolates
What’s it about – Prepare the perfect food, chemically speaking, and serve in fancy wrappers.
Skills needed – Creativity, love for chocolates
The amount you need to start (Rs) – 100,000/-
Gross Profit (%) – 30-35
Business – Tank cleaning
What’s it about – Growing used of water tanks and concern for hygiene gives you a chance to displace the guy in dirty overalls and professionally clean tanks with the right equipment.
Skills needed – Tech-savvy
The amount you need to start (Rs) – 400,000/-
Gross Profit (%) – 30
Business – Travel guide
What’s it about – Pollution, long working hours, stress … customize trips to forests, fishing riverine, and mountains for those who just wanna chill (Ye man!)
Skills needed – Knowledge about getaways, the high fun quotient
The amount you need to start (Rs) – 1,50,000/-
Gross Profit (%) – 35
I have an eye opening exercise for you.
How long will it take for you to EARN Rs. 500…… without a job and without investing or spending any money?
Answer this question honestly … if you are in a job already – continue with it and tell me how many days you need to earn Rs. 500 on the side?
Let us say that your answer is 10 days – I would say, go for it. Earn the first Rs. 500 outside of your job. But you must do it within 10 days.
This exercise will teach you a lot about entrepreneurship. It will teach you to think about what people would be willing to pay for.
Try it.