It is everyone’s dream to become their boss by starting a business, but very few people end up successful. So if you are one of them, and thinking to quit due to a lack of ideas, then you can refer to a small business ideas under 50 lakh investment mentioned below to kick start your business right away.
11 Small Business Ideas Under 50 Lakh Investment
1. Construction Business
The need for housing has been increasing with the rise in population. As there’s a huge demand for the construction business, you can invest in the requirements and start your venture. It is one of the best business ideas under 50 Lakh investment if you wish to make more money.
The restaurant is always one of the best and the most profitable business ideas under 50 Lakhs. The craze for outing and food is increasing among people, so starting a restaurant can help you earn considerably more. You can attract more customers by investing in decoration and a diverse menu.
3. Paragliding School
If you love adventure sports, then starting a paragliding school is one of the best ideas under 50 Lakhs. You can include various services in your schools like paragliding courses, theory lessons, high-quality equipment, and flying trips. You can earn a good amount of money from this business idea.
4. Online Gaming Business
The craze for gaming among young adults has risen over a few years. And today, gaming is a new way of having fun or relaxing. If you have good gaming knowledge, then you can start a website and launch your gaming software. Or you can also hire professionals to help you start your business. It is one of the best small business ideas under 50 Lakh investment with a high-profit margin.
5. Educational Tourism
Starting an educational tourism business is one of the best small business ideas in 50 Lakh investment. If you believe in the power of education and truly wish to contribute to development, then you can start this business by offering various learning courses, learning activities, and holiday trips to help students learn and exchange knowledge. It is an upcoming, and the most lucrative venture.
6. Online Art Gallery
The online art gallery is an upcoming lucrative business as it provides a huge platform for artists to showcase their art. Starting an online art gallery can help you earn more by connecting to various artists across the world. Later, you can also invest in a website to expand your reach as an online art gallery is one of the best small business to start under 50 Lakh investment.
7. Online Shoe Retailing Business
You don’t require any specific qualification to start this business as a good knowledge of technology is enough.
Starting an online shoe retailing business will give you the freedom to see as many shoes as you want. So, it is one of the best business ideas under 50 Lakh investment.
8. Business Incubator
As a business incubator, your primary function is to help new start-up companies grow and develop by providing them with relatively cheap workspace, access to investors, working capital, and required professional services. It is one of the best business ideas with 50 lakh investment.
9. Fast Food Corner
If you thinking to start a venture, then opening a fast food corner is one of the best business ideas with 50 Lakh investment. You can earn a huge amount of profit as the craze for fast food among people is increasing day after day. You need to invest in a good location, and offer good quality food to attract potential customers.
10. Chemical Trading
Chemical trading is another one of the best small business ideas under 50 Lakh investment. If you wish to make money, then you should consider starting this business. Firstly you require proper training to handle the delicacy of chemicals. You also to carry out market research and write a proper business plan to run this business successfully.
11. Book Shop
Starting a book shop is always one of the best business ideas under 50 Lakh and it is quite easy to set-up. To make it more profitable, you require to invest in a good location like near schools or universities. You can also market your shop to expand your business and make it more profitable.
These were some of the best business ideas under 50 lakh. I hope this list was helpful to you. If you have any other idea which you think is one of the best business ideas with 50 lakh investment then you can mention it in the comments.