BUSINESS IDEAS UNDER 5 LAKHS|5 लाख के निवेश में शुरू होने वाले सर्वश्रेष्ठ बिजनेस|

Business ideas under 5 lakhs to start in 2024

Choosing a business idea with a starting capital of 5 lakhs in 2024 depends on your skills and interests. Here are some options that can be started in this range:

Business Ideas In India under 5 Lakhs

Low Investment, Service-based options:

Handyman Services: This requires minimal investment in tools and equipment, and caters to repair, installation, and maintenance needs in households. You can build a network with hardware stores and local platforms for promotion.

Freelancing: If you have skills in writing, graphic design, web development or data analysis, you can offer your services on freelance platforms. This requires building a strong online presence and portfolio.

Online Tutoring: With the rise of online learning, you can tutor students in various subjects. This requires no investment and leverages your knowledge and teaching abilities.

Creative and Food-related options:

Home Bakery: This can be a great option if you enjoy baking. You can start small with online orders and deliveries, expanding to local stores as you grow.

Food Truck: This offers location flexibility and caters to a variety of tastes. Choose a unique cuisine or concept to stand out from the competition.

Other Interesting options:

Social Media Management: Businesses increasingly need help managing their social media presence. You can offer services like content creation, scheduling, and engagement if you have social media expertise.

Upcycled Crafts: With a creative bent, you can source pre-loved items and turn them into new, functional products. This caters to the growing trend of sustainable living.

Remember:

Research the market demand and competition for your chosen idea.

Develop a business plan outlining your finances, marketing strategy, and target audience.

Network with other entrepreneurs and potential customers to build connections.

These are just a few ideas to get you started. Carefully consider your skills, interests, and market trends before making your final decision.