Produced by: Sundus Designed by: Manoj Kumar
Growing a business can be an uphill battle. Starting a business requires two essentials: idea and investment. Here are 7 business ideas that need under Rs 2 lakh investment if funding is your key worry.
You can start a bakery with a low investment of 2 lakh ( approx) and in a small space of approx 60-70 sq. ft. If you are a skilled chef, you can create unique bakery products that could get you a good sum.
If are good with team management, this is for you. For success, one must ensure to have skilled caterers. The best part, this can be started with a small investment of Rs 2 lakh.
An underrated business idea. All one needs to do is to buy mechanical stuff such as construction gears, farming tools and rent them at a decent amount. Starting it won’t take more than Rs 2 lakh but with time it’s a money spinner.
A hassle-free business one can start under Rs 2 lakh, all it needs is good subject knowledge. You can start with few equipment and can gradually grow the business.
If you own a car, bike which is hardly used, lend them out to firms such as Ola or Uber. Alternatively, you can also buy a vehicle under Rs 2 lakh and make an additional sum by offering private rides.
Demand of grocery items is downturn-free business. Although there is high competition, but you can start it with less than Rs 2 lakh. Minimum operational cost is the best part of this business.
Fashion is big industry, which is constantly changing with trends. Demand for cloth never decreases. Aspiring businessmen can run this idea with under Rs 2 lakh as investment.