We all know, Facebook was created out of a Harvard dorm room at minimal cost and Microsoft was formed two years after Gates decided to drop out of college. And if by any chance you are holding yourself because of lack of investments – I know it might sound harsh, but you are just trying to console yourself with a decent excuse.
On this note, here are some business ideas that can be launched in India within an initial cost of ₹10,000.
1. Mobile Recharge Shop
When it comes to recharging in India, most mobile users prefer visiting a recharge shop to fill their balance. In this start-up, renting a space in a small local shop is the main thing you need. This rent will be the primary expenditure.
If you don’t want to rent out a shop-space in any expensive real-estate property, then your overall costs will definitely be below ₹10,000.
2. Breakfast Joint
Ever noticed those little breakfast and tea stores across your city filled with customers throughout the day? This is because food in our nation has been a commodity that will always do well in a competitive market. You just need to invest money in renting a space for it, after having received a permit for it from the respective authorities.
If your rent is within ₹5,000 a month, you can spend the rest money in getting groceries, other raw materials as well as second-hand tables and chairs.
3. Tuition Centre
One of the most cost-effective businesses to launch, due to its near-zero starting cost requirement. You can even take classes in your homes, thus eliminating any expenditure on rent and supplies.
Need to promote yourself well enough on social media or use the old ways with flyers and ‘word-of-mouth’ recommendations.
4. Fruit Juice Kiosk
Be it any weather throughout the year, fresh fruit-juice remains the favorite of all. You have to start by requesting a permit to open a kiosk in a chosen locality, preferably one that is hard to miss. Invest money in paying rent for shop-space.
Only getting of the raw materials, supplies like machines for making the juice and the salaries of the employee(s) making the juice needs to be sorted.
5. Garment Tailor
Good tailors are always on demand in developed cities. And the demand has also increased tenfold due to the increasing popularity of self-made designs.
Small rented space is the main investment. Rest investment is in powerful sewing and stitching machines, and of course electricity.
6. Blogging
One of the most lucrative fields in the era of Digital India. Professional blogging requires only a minimal start-up cost. Investment is required in getting a domain name and hosting space.
For promoting your blogs through the right channels, the cost-free and limitless expanse of the internet is all you need.
7. YouTube Channel
YouTube allows its users to create independent channels and upload their videos for free. In fact, it even pays some YouTubers whose channels are popular.
This is one place for creative and talented individuals looking for great returns with little monetary investment.
8. Event Organizing
Event Managers need to be best at networking and managing, checking out the hundreds of venue, meeting sponsors, scheduling performances, and basically being on the field 24/7.
The overall start-up cost for building this brand is minimal, if at all priced.
9. Photography
Professional Photography is another idea for those and obviously you must be in possession of a high-definition camera. Without taking the camera’s cost into consideration, as an aspiring photographer looking to take on independent projects, the only investment you need to make is your time in building your profile online.
10. Ghost Writing
Considering the standard amount that a prospective client is willing to pay for a story to be written anonymously. Ghost Writing is extremely lucrative since clients usually offer exorbitant amounts as compensation for writing their story for them.
Here, the clients reach out to you through recommendations, be it online or in person. Your only investment, after accepting the project, is your time.
Also Read: Top 10 Best Business Ideas To Earn Well During College Days