Starting your own business is always a great idea. A self-employed venture not only helps you earn a high income, but it also gives you freedom. Now you can be your boos by investing in the idea that you truly believe in. So, below I have mentioned a few small business ideas with 1 lakh investment that can help you start your venture.
1. Tuition Class
Staring your tuition classes can be a thing for you if you have a passion for teaching and helping students catch up with their students. You can start your classes at a good location so that students know about services. It is one of the best small business ideas with 1 lakh investment to earn a good amount of profit. It is a great business to start in big cities like Bangalore as well.
2. Tiffin Distribution Service
If you are crazy about food and enjoy cooking, then starting your tiffin distribution services is ideal, and one of the best business ideas under 1 lakh. You can start your business either from home. But, if you want to run it on a large scale, then you can invest in a good location which can cost you roughly 50,000 to 1 lakh.
3. Newspaper Distribution
Running a newspaper distribution can be a very easy, and profitable type of business if you follow the right action-plan. The demand for newspapers grows every day so the major benefit of this business idea is high income. Good knowledge about this type of business and its techniques is enough to start one of the best businesses with 1 lakh investment. You don’t need a a 10 lakh budget to start this business.
4. Cricket Coaching Centre
Starting your cricket coaching center is one of the best business ideas with 1 lakh investment that you can start right away. If you are passionate about cricket and have a good knowledge of the techniques and how the game is played, then starting a cricket coaching center can prove a very profitable business for you. It is one of the best business with 1 lakh investment.
5. SEO Services
As numerous people are shifting their business online, the importance of SEO in growing business has increased. You can grab this new opportunity to develop your SEO knowledge, and provide SEO services to clients to help them grow their venture. You can earn a good amount of profit from one of the best small business ideas with 1 lakh investment.
6. Food Truck
A food truck can be the right venture if you are looking for some of the best small business ideas with 1 lakh investment. Starting a food truck business requires you to invest in a good truck to run your business. If you are a good cook, then you run the business entirely on your own or you will need a good cook as well.
7. Dietary Consultation Services
The concern for a healthier life is increasing day after day, so people are looking for good nutritionists or dietitians. So providing dietary and consultation services can prove extremely beneficial. It is one of the best businesses with one lakh investment. To make your services look more professional, you can invest in an office to consult your clients.
8. Event Planning Services
If you have got some excellent event-planning skills, and believe that you can help people plan various events like wedding and birthday parties, then starting your event planning services is one of the best ideas under 1 lakh investment. It is one of the best business with 1 lakh investment.
9. Childcare Services
The demand for childcare services is growing day after day as both the parents are working. So starting your child care services can get you a high income. Initiating this venture will require you a license for day-care, and a good space to take care of the children. It is one of the best small business ideas with 1 lakh investment.
10. Florist
If you are looking for some of the best business ideas under 1 lakh investment, then starting a florist shop can help you earn a good amount of money. Starting this business will require you to invest in a shop, and necessary raw materials.
11. Open a Cafe
Starting a cafe is always one of the best business ideas under 1 lakh. You can invest in setting up your cafe in the right way to attract potential customers. You can earn a high income with limited expenses. This business is a kind of option which you can start with small budget like 1 lakh.
Conclusion
These were some of the best business ideas under 1 lakh. You can choose any one of these best business with 1 lakh investment and start your own business. I hope this article was helpful to you.
Do you have any other business idea under 1 lakh investment? Mention it in the comments.