If you struggling to find a low-budget business idea that has really market potential and low competition, then this blog post is for you. Here are 8 businesses you can start with 80,000 rupees, through these business ideas you make lakhs of rupees in a month. But truly said you can’t make lakhs from the first month it takes time and hard work. If you are interested in these 8 business ideas under ₹80,000, then read this article completely.
Digital Product Selling
Long processes are needed to build any product and also needs heavy investment to start this business. But in digital products, you don’t need anything, just have to build digital products like software, tools, e-books, courses, and AI bundles, and you do have to build a website to sell those products. But selling digital products is not a piece of cake, you have huge followers on social media, or not, you can run ads on social media.
As a digital products seller, my recommendation is to sell digital products using the Meta ad network. You can easily start or expand this business with 50000 rupees.
Mobile / Laptop Repairing
Mobile is addictive and necessary for everyone, similarly, laptop is regularly needed for professional and students. But all electric gadgets are damaged sometimes, and those require repair. These days everyone uses mobile and laptops in their regular life, that’s why, they damage their devices. This business has huge market demand, you can start this business after doing a course, mobile/laptop repairing course. After knowing properly, you have to buy some tools, and you can start from your home, also you have to advertise your service on your social media accounts, also you can do general posts on your social media accounts about your services.
*Now many people are thinking to start mobile repairing services, because everyone uses mobile comparatively many numbers of gaps of laptop user, but I have to clarify something, If you start a mobile repair service, many competitors are there and you can’t charge high amount. Comparatively, the laptop repair store is very limited, that’s why, you can charge here high amount here.
Day Care Centre
In this generation mother and father both are doing jobs and earning money, but no one has to handle their children. That’s why, they are looking for a safe place and a person, who can take care of their children during their office hours. If you are a woman or girl this business is for you, you have to teach them some basic knowledge and the alphabet, you have some playing kits for children, and have to feed them. You can start this business with 70,000 to 80,000 rupees, and you can earn 30,000 rupees every month in profit with only 10 children.
First of all, rent a hall attached to every corner with CCTV cameras, there everyone mom & dad can access those cameras, and buy some playing kit. If your service is good, you can get huge clients.
*My recommendation is to start this business in a metropolitan city or tier I city.
Intraday trading or day trading, you can start intraday trading with a low amount of investment, this business has unlimited earning potential, and you can start this business with 20,000 rupees, but you should take a reliable and great course to become a trader. You must invest in learning. If you don’t have the knowledge in this business and cannot understand the psychology, you will face huge losses, before starting this business learn day trading for at least one year. Must be your initial funds go to learning purposes, and then you can start paper trading, if you see you are profitable, then you can take trades.
Any type of good coaching institute makes a good amount of money, if you are good at anything like dancing, teaching, or singing, you can start an institute or if you do not have any skill, then hire someone in ₹20,000, who has the skill. Then rent a hall room for a low amount. The next step use social media for marketing. In these steps, many challenges are come, and if you tackle those challenges you can build a very good business.
Organic Vegetable Selling
Many people are shifting from organic vegetables. People are paying high amounts for buying organic vegetables, so this is the time to start this business, first of all, you have to buy a large fridge and start running ads on social media in your local area. Must be your business has home delivery featured, with this method you can reduce the initial investment cost.
“My recommendation is before starting this business, find the most popular organic vegetable store in your city, and understand how is their demand.
If you don’t know any skills, start drop-servicing. Build a website make a good landing page, and reach out to clients by cold email and phone calls. After getting clients, go on Facebook find the page a that specific service, and hire a person at a cheap rate, and cut your commissions.
To get high-paying clients, go on Google search, search a specific niche like Astrology service, then go to the 2nd page on Google search and visit the website find their email and contact, and approach them.
Start your own cloud kitchen, but making food on customer order is outdated and has high competition, that’s why change the method, be muster chef on one food, like you can make chemical free cake or ice cream, and you can sell through food delivery companies like Zomato and Swigy.
To create sales, show your food pictures by using social media ad campaigns. If your food goes viral in the local area, then you can expand easily, also you can open an outlet.
If you get a lot of competitors, you can add some additional services, which can not do your competitors, suppose you have a cloud kitchen business, adding some free chocolates with your main product. This method can make you different from your competitors.