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Starting a business with a budget under ₹1 lakh is possible, and there are plenty of business opportunities with high growth potential. Whether you’re looking to start part-time, full-time, or as a side hustle, the options are endless. Below are over 20 unique business ideas that require minimal investment and can help you turn your entrepreneurial dreams into reality.
For those interested in the vending machine business, don’t forget to check out YOWORK for affordable vending machines and business solutions.
1. Vending Machine Business
How to Start: To begin, you need to invest in a vending machine and choose a high-traffic location such as offices, schools, or gyms. Stock the machine with snacks, drinks, or healthy food items and monitor sales for future inventory needs.
Future Scope: As demand for convenient, contactless purchases grows, the vending machine business has strong potential. You can expand by adding more machines or introducing smart vending machines with digital payment options.
Investment: ₹1,00,000
Profit Margin: 20% – 40%
2. Organic Farming
With the growing demand for organic products, starting a small-scale organic farming business is an excellent idea. You can grow organic fruits, vegetables, or herbs and sell them at local markets or online.
How to Start: Start by securing a small plot of land or utilizing your backyard. Focus on growing high-demand crops such as organic fruits, vegetables, or herbs. Sell your products at local farmers’ markets or directly to consumers through online platforms.
Future Scope: With the increasing demand for organic food, this business has the potential to grow into a full-fledged farm or supply chain for restaurants and retail stores.
Investment: ₹30,000 – ₹50,000
Profit Margin: 40% – 60%
3. Home-Based Soap Making Business
Soap-making is a great home-based business that requires low investment. You can create custom organic soaps, herbal soaps, or even luxury bath products and sell them online or in local shops.
How to Start: You can start a soap-making business from home with a small investment in raw materials like essential oils, molds, and fragrances. Experiment with different recipes to create unique, organic, or luxury soaps.
Future Scope: The growing interest in sustainable and organic products can help you scale your business. You could expand into other personal care products like lotions or candles and partner with local boutiques or e-commerce platforms.
Investment: ₹20,000 – ₹40,000
Profit Margin: 50% – 70%
4. Pet Sitting and Pet Care Services
As more people travel, the need for reliable pet-sitting and pet-care services is on the rise. You can start offering pet boarding, walking, or grooming services from your home or on-demand.
How to Start: Advertise your services locally and online. You can offer pet-sitting, walking, grooming, and even pet boarding services. Build trust by showcasing customer reviews and photos of happy pets.
Future Scope: As pet ownership rises, demand for reliable pet care services is expected to grow. You can expand by hiring additional staff or opening a pet daycare or grooming facility.
Investment: ₹10,000 – ₹30,000
Profit Margin: 50% – 80%
5. Home Tiffin Service
A home tiffin service is perfect for those who love cooking. You can offer homemade meals to busy professionals, students, or elderly people who prefer fresh home-cooked food over restaurant meals.
How to Start: Begin by offering homemade meals to office workers, students, or elderly clients in your local area. Use social media or WhatsApp groups to promote your service and take orders.
Future Scope: A well-managed tiffin service can quickly scale. You can cater to events, and corporate offices, or even expand to multiple locations by hiring delivery personnel.
Investment: ₹20,000 – ₹40,000
Profit Margin: 40% – 60%
6. Mobile Repair Business
Starting a mobile repair business is a highly profitable idea as smartphones have become an essential part of daily life. With a small investment in tools and training, you can offer mobile repairs for screens, batteries, and software issues.
How to Start: Invest in the tools and training needed for repairing smartphones. Start with basic services like screen replacements and battery repairs, then gradually offer more advanced repairs.
Future Scope: As the number of smartphone users grows, so does the need for repair services. You can expand by opening a shop, offering doorstep repair services, or selling mobile accessories.
Investment: ₹30,000 – ₹50,000
Profit Margin: 50% – 80%
7. Candle Making Business
Candle making is another profitable home-based business. You can create decorative, scented, or aromatherapy candles and sell them through online platforms or local shops.
How to Start: Begin by purchasing basic candle-making materials like wax, molds, and essential oils. Create a variety of candles—decorative, scented, or aromatherapy—and sell them online or at local markets.
Future Scope: As demand for home decor and aromatherapy products increases, you can scale by offering customized candles, collaborating with home decor stores, or expanding to other handmade products.
Investment: ₹15,000 – ₹40,000
Profit Margin: 50% – 70%
8. Freelance Writing and Content Creation
If you enjoy writing, consider starting a freelance writing business. Many companies, blogs, and websites require content for marketing and SEO purposes. You can write blog posts, articles, or even product descriptions.
How to Start: Build a portfolio of writing samples and promote your services on platforms like Upwork, Fiverr, or LinkedIn. You can offer services like blog writing, SEO content, and social media posts.
Future Scope: As more businesses shift online, the demand for content creation continues to rise. You can grow by taking on long-term clients, offering specialized content services, or even starting your own content agency.
Investment: ₹10,000 – ₹20,000
Profit Margin: 70% – 90%
9. Fitness Equipment Rental
With fitness becoming a priority for many, offering fitness equipment on rent can be a great business idea. You can rent out treadmills, dumbbells, or other fitness gear to people who prefer exercising at home.
How to Start: Purchase a few key pieces of fitness equipment like treadmills, dumbbells, or stationary bikes and offer them for rent to people who prefer to work out at home. Advertise on local classifieds or social media.
Future Scope: With growing health consciousness, the fitness equipment rental business has strong future potential. You can expand by offering more equipment or targeting gyms and fitness centers.
Investment: ₹50,000 – ₹1,00,000
Profit Margin: 30% – 50%
10. Stationery and Printing Services
Stationery and printing services are always in demand, especially for schools, businesses, and events. You can offer printing services for flyers, business cards, and other materials with a small investment in printing equipment.
How to Start: Purchase printing equipment and set up a small home office. Offer printing and stationery services to local businesses, schools, and event organizers.
Future Scope: As demand for personalized stationery and custom printing grows, you can expand by adding more specialized services like promotional merchandise or partnering with event planners.
Investment: ₹30,000 – ₹60,000
Profit Margin: 50% – 60%
11. Yoga Instructor
With the increasing demand for wellness services, becoming a certified yoga instructor is a great low-investment business idea. You can offer private classes, group sessions, or virtual yoga lessons.
How to Start: Complete a yoga certification course and start offering private or group classes either online or at local gyms or parks. Use social media and local advertising to attract clients.
Future Scope: As health and wellness trends continue to grow, yoga instructors can scale their businesses by offering online courses, and workshops, or partnering with wellness centers.
Investment: ₹20,000 – ₹50,000 (certification)
Profit Margin: 60% – 80%
12. Car Washing and Detailing Services
A car washing and detailing service is a simple yet profitable business idea. You can offer mobile car cleaning services at customers’ homes or start a small car wash setup.
How to Start: Invest in car washing supplies like pressure washers, cleaning products, and detailing tools. Offer mobile car washing services at customers’ homes or workplaces for convenience.
Future Scope: You can expand by opening a car detailing shop, offering subscription-based services, or targeting corporate clients with fleet vehicles.
Investment: ₹30,000 – ₹70,000
Profit Margin: 50% – 70%
13. Event Photography and Videography
If you have a passion for photography, starting an event photography and videography business is a great option. You can offer services for weddings, parties, and corporate events.
How to Start: Begin by investing in quality camera equipment. Offer your services for events like weddings, parties, and corporate functions, and build a portfolio to attract more clients.
Future Scope: As you gain experience, you can increase your rates, hire additional photographers, or offer specialized services like drone photography and video editing.
Investment: ₹50,000 – ₹80,000 (camera equipment)
Profit Margin: High, depending on event size.
14. Beauty Services at Home
Start offering beauty services at home, such as facials, manicures, or hair styling. This business is perfect if you have some experience in the beauty industry and can invest in basic tools and supplies.
How to Start: Purchase basic beauty tools and supplies and offer services like facials, manicures, or hairstyling at clients’ homes. Build a loyal customer base through social media promotion.
Future Scope: As your client base grows, you can open your own beauty salon or offer a broader range of beauty treatments.
Investment: ₹20,000 – ₹40,000
Profit Margin: 60% – 80%
15. Graphic Design Services
With minimal investment, you can start a graphic design business. You can design logos, brochures, banners, or social media graphics for businesses.
How to Start: Build a portfolio of design samples and offer your services on platforms like Upwork or Freelancer. You can design logos, brochures, and social media graphics for small businesses.
Future Scope: The demand for graphic design services is increasing as more businesses move online. You can expand by offering branding packages or opening your own design agency.
Investment: ₹30,000 (laptop, design software)
Profit Margin: 70% – 85%
16. Social Media Management
With every business wanting to improve its online presence, offering social media management services can be highly profitable. You can manage accounts, create content, and grow followers for brands.
How to Start: Start by offering social media management services to local businesses. Help them grow their online presence by creating content, scheduling posts, and engaging with followers.
Future Scope: As digital marketing grows, you can scale your business by hiring more team members, managing larger clients, or offering comprehensive digital marketing services.
Investment: ₹10,000 – ₹30,000
Profit Margin: 50% – 75%
17. Florist Business
Starting a florist business can be a profitable venture with high demand for fresh flowers for events, weddings, and special occasions. You can start with a small investment and grow your business through online orders.
How to Start: Purchase a small stock of flowers and offer your services for weddings, events, or retail sales. Promote your business through social media and local advertising.
Future Scope: As demand for flowers for events and occasions increases, you can expand into gift baskets, delivery services, and even online flower sales.
Investment: ₹40,000 – ₹1,00,000
Profit Margin: 30% – 50%
18. Travel Consultancy
If you love traveling, you can start offering travel consultancy services. You can help people plan vacations, book hotels, and find the best travel deals.
How to Start: Start by helping people plan their vacations, book hotels, and find the best travel deals. Use social media and a small website to advertise your services.
Future Scope: With more people looking for personalized travel experiences, you can grow by offering specialized travel packages, partnering with hotels, or expanding into corporate travel management.
Investment: ₹10,000 – ₹20,000
Profit Margin: 40% – 60%
19. Interior Design Services
If you have an eye for design, offering interior design services can be a great business idea. You can help clients design their homes, offices, or commercial spaces.
How to Start: Offer basic interior design consultations and services for homes or small businesses. Use social media and portfolio websites to attract clients and showcase your work.
Future Scope: As demand for interior design services grows, you can scale by working on larger projects, partnering with builders, or offering online design consultations.
Investment: ₹40,000 – ₹1,00,000
Profit Margin: High, with the potential for recurring clients.
20. Bicycle Rental Business
Starting a bicycle rental business is ideal for areas with tourist traffic or students. You can rent out bicycles on a daily or weekly basis.
How to Start: Purchase a few bicycles and offer them for rent in tourist areas or to students. You can advertise through local listings, websites, or flyers.
Future Scope: With the growing trend of eco-friendly transportation, the bicycle rental business has the potential for expansion. You can increase your fleet or offer long-term rentals.
Investment: ₹50,000 – ₹1,00,000
Profit Margin: 30% – 50%
21. Sewing and Alteration Services
If you know how to sew, offering sewing and alteration services is a cost-effective business idea. You can start by mending clothes or offering custom tailoring services.
How to Start: Set up a home-based sewing and alteration service with a sewing machine and basic tools. Offer services like tailoring, clothing repairs, and custom designs.
Future Scope: As demand for custom-made and altered clothing increases, you can expand by opening a tailoring shop or hiring additional seamstresses.
Investment: ₹20,000 – ₹40,000 (sewing machine and materials)
Profit Margin: 50% – 75%
Conclusion: Start Your Business Today
These unique business ideas under ₹1 lakh provide diverse opportunities for aspiring entrepreneurs. From the vending machine business to digital services, each idea offers the potential for growth.
Ready to start your own business?
Visit YOWORK to explore a wide range of vending machines, including smart vending machines and mini vending machines, and take the first step towards building your profitable business today!
With the right strategy and tools, you can turn your skills into a successful, profitable business and enjoy the freedom of entrepreneurship.
Take action today and watch your business grow!
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