Small Business Ideas with Low Investment- Who does not want to start his business, but due to lack of money, many people are not able to start a business. At the same time, there is also doubt about which business will prove right for them. But, there are many small businesses that you can earn well by starting. Also, it will cost up-to 1-2 lakh rupees only. Today we are giving you information about seven such businesses, which can be started with a capital of up-to 2 lakh rupees only.
These are such businesses, for which loans provide under the MUDRA LOAN SCHEME by the Narendra Modi Government of India. Meaning if you cost increases then the rest of the capital can be arranged through the currency scheme. So, let’s know how to prepare a project report for these businesses.
business ideas with low investment and high profit
Types of Small Business Ideas with Low Investment
- #Start Rice and Curry Power Unit
If you install Rice and Curry Power Making Unit, then you can start this unit at a project cost of about 6.55 lakh rupees from you, while a term loan of rs 3.32 lakh and working capital loan of rs 1.66 lakh. you will get this loan from any bank under Mudra Scheme. According to the project profile uploaded on the Mudra Website, you can get a net profit of about 1.45 lakh rupees in this project. This is a manufacturing business and also small business ideas with low investment and high profit idea.
Starting this business in 1.95 lakhs. According to the project profile of Prime Minister Mudra Scheme, if you want to set up a tomato souce manufacturing unit, then you should have about 1 lakh 95 thousands rupees. while you can take a 1.50 lakh turn loan and about 4.36 lakh rupees working capital loan. According to the report, you can prepare about 30 thousand kilograms of tomato sauce in a year and as an annual production cost you will spend about 24 lakh 37 thousand rupees. At the same time, if you supply 30 thousand kilograms of souce in the market at the rate of 95 rupees per kilogram, then your annual turnover will be 28 lakh 50 thousand rupees. Looking for best Small Business Ideas with Low Investment that is a good for you try this one.
2. #Start Ayurvedic Unit
If you want to start a unit of making ayurvedic capsules, then you can start this unit for about 1.10 lakh rupees. The total cost of this project will be 4 lakh 47 thousand rupees. you can make 20 lakh capsules with the cost. The project cost includes shed rent, equipment and one month working capital. Based on this project report, PM can take loan under the employment scheme. After the start of this project, the cost of production will be 11 lakh 72 thousand rupees. At the same time, your sales will be around 15 lakh rupees. That means there will be a direct profit of about 3 lakh 28 thousand rupees.
3. #Tuition/ Coaching Classes
What was your favorite subject in school? Did you sail through Mathematics like a wizard or did you have a special chemistry with Chemistry? If yes, a room, some chairs, a board, marker and duster is all you would need to start teaching a subject. If you know a foreign language like French, Spanish or German, you could easily impart lessons in such languages and start a small business without any great investment. There is always a demand for foreign language classes from students and professionals hence you need not worry about the pipeline drying up as an entrepreneur. The idea is not only about low investment and high returns, it also has a certain sense of cash inflow and demand predictability. For such businesses, you can start with a very small business loan too and there is no dearth of avenues from where you can get a basic loan to start this type of business. Looking for best Small Business Ideas with Low Investment that is a good for you try this one. It is also increasing you knowledge.
4. #Web Designing and Coding
Web designing and coding for various software applications is great IT business. It can be done on small scale level. Minimum investment is Rs.10,000.
You need to learn web designing, PHP, WordPress etc. to make quality websites for your clients. There are various ways to get the clients for your business. Web designing and coding is best Small Business Ideas with Low Investment that is a good for you if you have a some knowledge about this.
5. #Rise Processing Mill
If you want start a Rice Processing Mill, then you can install this unit for a total project cost of 3.5 lakh. In this, about 25 percent of the money will have to be arranged, you will get a loan of about 2 lakh rupees. Under the project, you process about 370 quintal rice. Its cost of production will be around 4 lakh 45 thousand rupees. If you sell all the goods then your sales will around about 5 lakh 54 thousand rupees. That means a net profit of about 1 lakh 10 thousand rupees. This is a manufacturing business and also small business ideas with low investment and high profit idea.
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