“Never depend on single income. Make investment to create a second source” – Warren Buffet
In this fast-moving society, everybody needs a supplementary income source to maintain and enjoy a comfortable living standard. Whether you are a doctor, professor or a successful businessman, you should always look out for extra business opportunities and ideas. There are risks in all business but to become successful, one must overcome the fear of failure. Here is a list of business ideas which have low risk as the initial investment is very less (< Rs.100,000/-)
Recommended: 10 Scam Free Online Survey Jobs to Earn 35K Per month [No Investment]
The Ultimate 10 Best business ideas under Rs.1 lac:
1. To-let services:
A large number of people move to other cities/towns for education or job. These people face a lot of difficulty to find a place for staying. In such cities, to-let services prove to be one of the most successful business ideas.
Requirements:
i). A comfortable office room with tables, chairs, AC, sofa, computer, etc
ii). An assistant who would do field works like visiting and showing houses.
Modus Operandi:
i). Stay in touch with several landlords throughout the city who are interested to give their apartment/houses for rent.
ii). Keep updates on to-be vacant rooms/houses and their prices.
iii). Marketing plays a pivotal role for any business to be successful. Make sure that a large number of people comes to your office for finding rooms/houses. For this, a good advertising campaign through banners/posters/FM/newspaper is necessary.
iv). Take a specific amount of fees to show houses or cut your service charges after the candidate has selected a house to stay.
Expected Income through To-let services:
Rs.15000/- pm to Rs.80000+ Depending upon your reach and advertising, your income varies.
Advantages of To-let services as a business:
i). Part-time Income: As most of the work takes place through phone, with the help of an assistant (who would show houses to people), this business can be operated on part-time basis.
ii). Increases social contact: As the work profile requires to talk to a large number of people on daily basis, the social circle and number of acquaintances would definitely increase, which is a positive thing. Candidates with a good communication skill can excel in this business.
iii). Good Income: Sometimes, there are some consultancies in some cities which earns Rs.2 lac to Rs.5 lac per month providing excellent to-let services.
Disadvantage:
High Competition: As to-let services is considered as one of the most easiest business options, there is quite a high competition in this sector. However, all new candidates start small but gradually go on to expand their to-let services.
2. Food Delivery Service:
Taking inspiration from the ‘Dubbawalas’ of Mumbai and home-delivery facilities of MNC’s like Domino’s, Pizza Hut, McDonald’s, etc, a small-scale Indian food delivery service can be opened in any city.
Requirements:
i). A kitchen with 3-4 cooks available for at least 12 hours per day.
ii). 4-5 delivery boys with 4-5 bicycles/moped who would deliver the order at home/office.
iii). A formal office with Telephones, notepads, tables, chairs, etc for taking orders and meeting customers/guests.
Modus Operandi:
i). Start with a small group of 6 to 10 people (including cooks, delivery boys, telephone operators, etc)
ii). Target a small area initially (within a radius of 4-5 km). For greater profits, choose an office area and not residential.
iii). Advertise extensively through posters, banners, pamphlets, etc within that area. Mention the facilities that you are providing in the Ad, like “Free Home Delivery within 30 minutes”, “Eat Fresh and Warm Homely Food”, etc. Mention the menu, telephone number, etc.
iv). Prepare delicious foods at low prices. Do not try to make profits initially. After acquiring a large customer base, the profit margins can be increased.
Note: You may also avoid to prepare food if you can have contract with the local hotels for the supplies.
Expected Income through Food Delivery Services:
In the initial months, you may not get much profit as very few people would know about your service. However, after 3-4 months of proper advertisement, you may earn more than Rs.40000/- pm as profits.
Advantages of Food Delivery Services:
i). Low Competition: Food delivery services are not very common to find. If advertised properly, advantage can be taken for its low competition.
ii). Increasing Profit: This is one of those services which would keep on expanding automatically by word of mouth, if good quality is maintained.
Disadvantages:
i). High Risk: If not advertised properly, this business would gradually cease to exist.
- ii) Maintenance issues: The team preparing and delivering the food has to be coordinated properly as delivery on time is an important factor here. Also, quality of food should be good.
3. Internet Cafe (+ Mobile/DTH Recharge + Online Ticketing):
Internet penetration is increasing at a rapid rate. At a time like this, setting up of an internet cafe would prove to be a very ideal business endeavor.
Requirements:
i). A spacious room, ii) 3-4 computer tables, chairs, iii). 3-4 PC, iv). Printer, v). A Broadband Connection.
Services to be provided:
i). Internet Surfing/Downloading/Printing
ii). Online Ticket Booking,
iii) DTH and Mobile Recharges,
iv). Bill payment of Telephone, Electricity, etc.
v). Online Application of Jobs and Exam Results.
Expected Income:
Once established, monthly profits can be anywhere between Rs.25000/- to Rs.50000/- pm.
4. Laundry Services:
Providing laundry services has also become a good income source especially in areas lived by students/working bachelors.
Requirements:
i). A small shop for receiving and delivering laundries to customers.
ii). 2-3 men who would undertake the work of washing, drying, pressing and packing.
iii). A nearby open water source like a river, pond, etc (for large-scale laundry services).
Modus Operandi:
i). Laundries are collected and marked properly to be identified when needed.
ii). The date, name, mobile number and address of the depositor is recorded in a notebook, diary. A receipt is given to the depositor which would be required to be shown at the time of collection of laundries.
iii). All clothes collected on a day are sent for washing, drying and pressing the next day.
iv). Delivery is made on the 3rd or 4th day and payment is collected. To make the service better, free home delivery of laundries can be made.
Expected Income through Laundry Service:
After deducting all expenses of labor, washing powder, electricity, water etc a medium-sized laundry business is able to generate a profit of Rs.1000/- to Rs.1500/- per day.
Advantages:
No big office, set-up or investment is required initially.
5. Travel Agency and 2-wheeler rental:
Running a travel agency does not necessarily requires to have vehicles of your own. A number of contacts with vehicle owners who are ready to give their vehicles for rent would be sufficient to set up a travel agency.
Also, if you are staying in one of the tourist attractions of the country, then 2-wheeler rental services can also be a profitable business for that place.
Requirements:
i). Contact with a large number of vehicle owners of that place (both 4-wheeler as well as 2-wheeler) who are ready to rent their vehicles
ii). Good advertisement of your travel agency.
Expected Income:
Daily profits by renting vehicles can be as much as Rs.5000/- per day.
6. Maintenance Services:
Often, we find ourselves struck at house with our faulty appliances, devices, machines like refrigerator, AC, cooler, water pump, grinder-mixer, fan, television, washing machine, computer, taps, etc. Most of the time we have to carry these ourselves to the mechanic or repair shop and bring them back after repair.This is where maintenance services would come into effect. A simple phone call might be the solution to all these above problems.
Requirements:
i). Contacts with all types of mechanics, electricians, repair shops and plumbers.
ii). A couple of phone to receive call and provide services.
iii). A really good advertisement campaign.
Modus Operandi:
i). Initially cover a particular area or town for providing these services.
ii). Whenever any appliance or device stops working, people would call you.
iii).Note the problem and address. Send the appropriate mechanic or electrician/plumber as per the requirement.
iv). If possible, he would repair it on the spot or would bring it to his shop for repairing as well as deliver it after repairing.
Expected Income:
If you can make your customer happy by providing them good services then money would not be an issue for most of them. Earning can be from Rs.20000/- to Rs.100,000/- pm, depending upon all the expenditure on labor and area of service covered.
Update Cumming Soon…. Come Again after few days to read more.
I want to know about the buisness started with 1 lac
i want 2 start a business at balasore, odisha within 1lakh pls. suggest me immidiately.
Bro you can buy products from China based website or export from China. And you can sell it to amazon or flikart or ur own shop or ur own website ….because China gives u good products in cheap price and u can also buy on aliexpress or alibaba.com
Anyone wants to start a business from 50,000 to earn double profit within a year of 50 lakhs i have a best idea so what are you waiting for lets start to know more pay us rupess 1 will disclose all the details in mail [email protected]
Please give me u r Cell no.
wht products will get
9008328181
Hi all, SuperKidz Academy Foundation is in the field of Brain & Skil, Development of Children of all ages. We are looking partner from each cities across the country to benefit all the children. This is a highly business model thus resulting a great opportunity to earn high with very low investment. To know more, plz call on +91 8957885242
i want know that what is the process and investment.
8222833811
Kurukshetra, Haryana
u can franchise at wsmwinners.com at 9530078888 contact
8222833811
Kurukshetra, Haryana
I want to know ,with 2 lac investment i want to earn without leaving my current job
For an business opprtnity
Whatsapp 8377980503
Anyone wants to start a business from 50,000 to earn double profit within a year of 50 lakhs i have a best idea so what are you waiting for lets start to know more pay us rupess 1 will disclose all the details in mail [email protected]>>>>>>>>
which type of business.??jismein 50000 ka 50lac ban jayega btao??
you are good i mean awesome writing dude
M in Mumbai and ready to invest 1 lac. Pl show good business proposal. Send details in my email. [email protected].
Hi all, SuperKidz Academy Foundation is in the field of Brain & Skil, Development of Children of all ages. We are looking partner from each cities across the country to benefit all the children. This is a highly business model thus resulting a great opportunity to earn high with very low investment. To know more, plz call on +91 8957885242
Let me know abt the plan and all abts..
[email protected]
In Hyderabad iam ready to invest 2lac. Can you plz provide a good business proposal. can you send details to my Email.
Hi pls provide your contact details
In Bilaspur i m ready to invest 1.5lac . Can you please suggest me a good buiseness plan.
Nice to read …Happy about food home delivery. …May I please have more details on it to my email address
I want to know about the buisness started with 3 lac in odisha.
I want earn approx 1 lac in a month at any condition.
I have huge interest on business but i don’t have sufficient money
Ideas are good and acceptable….
Im still trying to get a loan from bank since 3years
It is not working because of they want surity…this is prasanth kayalapati…
We are a team of 6 members helps in giving ideas for business or improving the current business. Till now we had 2500 satisfied customers. If any body interested in starting business can contact us at 9148867277by whats app.
I want 2 start a bussiness in longding,arunachal pradesh within1lakh.please suggest me imediately
I have capital can any body share good idea for starting business.my no. is 8860028662.
I am in kolkata, I have Rs,50k fund, please give me an idea for good business. Thanks, Paskai
Hi All,
We need Freelancers who are going to work for us to increase idea post paid business.
We will pay per reference Rs.200.
Reach out to me if anyone interested.
Thanks