Are you looking to start a business but worried about your budget? You don’t need to break the bank to launch a successful venture. With just under 5 lakh, you can kickstart a variety of profitable businesses. Here are the 50 best business ideas under 5 lakh that you can consider, each with a description, estimated budget, and estimated profit.
Why Start a Best Business Under 5 Lakhs?
Starting a business with a lower investment can reduce your financial risk while allowing you to explore different industries. It’s a great way to test your business skills without committing a large amount of capital.
Let’s Breakdown
1. Franchise Opportunities
Franchising is a great way to start a business with a proven model and support system. Many franchises require an initial investment of under 5 lakh. Some popular options include:
- Food & Beverage Franchises: Look for small café or snack shop franchises. These usually have lower startup costs and a high demand.
- Retail Franchises: Small retail stores or specialty shops can be a good fit. Consider franchises that offer essential items or niche products.
Know more here: Franchise Under 5 Lakhs
2. Dropshipping Business
Dropshipping allows you to sell products online without holding any inventory. You simply partner with suppliers who handle storage and shipping, while you focus on marketing and customer service.
| Expense | Estimated Cost |
|---|---|
| Website Setup | ₹50,000 |
| Marketing | ₹50,000 |
| Inventory Management | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on sales volume and marketing efforts.
3. Digital Marketing Agency
A digital marketing agency helps businesses improve their online presence through SEO, social media, and online advertising. With expertise in digital strategies, you can offer services to various clients.
| Expense | Estimated Cost |
|---|---|
| Tools & Software | ₹50,000 |
| Marketing | ₹50,000 |
| Equipment | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Profits can range from ₹30,000 to ₹1,00,000 per month depending on the number of clients and projects.
4. Content Creation & Blogging
Starting a blog or a content creation business involves writing articles, creating videos, or producing other content that attracts an audience. Revenue can be generated through ads, sponsorships, and affiliate marketing.
| Expense | Estimated Cost |
|---|---|
| Website & Hosting | ₹50,000 |
| Marketing | ₹50,000 |
| Equipment | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on audience size and monetization strategies.
5. Online Tutoring
With online tutoring, you can teach various subjects or skills via video calls or virtual classrooms. This business is ideal for educators or experts in a specific field.
| Expense | Estimated Cost |
|---|---|
| Platform Setup | ₹50,000 |
| Marketing | ₹50,000 |
| Equipment | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Profits can range from ₹30,000 to ₹1,00,000 per month depending on the number of students and fees charged.
6. E-commerce Store
An e-commerce store allows you to sell products online. You can start with a niche market and expand your inventory as your business grows.
| Expense | Estimated Cost |
|---|---|
| Website Development | ₹1,00,000 |
| Inventory | ₹1,00,000 |
| Marketing | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹3,00,000
Estimated Profit: Monthly profits can range from ₹50,000 to ₹2,00,000 depending on sales and product margins.
7. Freelance Writing
If you have a way with words, freelance writing can be a lucrative business. You can write for blogs, websites, or magazines and earn based on your work and client base.
| Expense | Estimated Cost |
|---|---|
| Equipment | ₹50,000 |
| Marketing | ₹50,000 |
| Tools & Software | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on the number of clients and writing projects.
8. Fitness Trainer
As a fitness trainer, you can offer personal training sessions, group classes, or online fitness coaching. This business is ideal for those passionate about health and fitness.
| Expense | Estimated Cost |
|---|---|
| Certification | ₹50,000 |
| Marketing | ₹50,000 |
| Equipment | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on client volume and session rates.
9. Mobile Car Wash
A mobile car wash service involves washing and detailing cars at customers’ locations. This business requires minimal startup costs and can be operated on a flexible schedule.
| Expense | Estimated Cost |
|---|---|
| Equipment | ₹50,000 |
| Marketing | ₹50,000 |
| Vehicle | ₹1,00,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,50,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on the number of clients and services provided.
10. Photography Business
Starting a photography business involves capturing moments at events, portraits, or commercial shoots. Investment in quality equipment and marketing is essential to attract clients.
| Expense | Estimated Cost |
|---|---|
| Camera & Equipment | ₹1,00,000 |
| Marketing | ₹50,000 |
| Editing Software | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,50,000
Estimated Profit: Profits can range from ₹30,000 to ₹1,50,000 per month depending on the number of projects and clients.
11. Home-Based Bakery
A home-based bakery allows you to bake and sell cakes, cookies, and other baked goods from your kitchen. This business is ideal for those who enjoy baking and want to start small.
| Expense | Estimated Cost |
|---|---|
| Baking Equipment | ₹50,000 |
| Ingredients & Supplies | ₹50,000 |
| Marketing | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on sales volume and pricing.
12. Handmade Crafts
If you have a talent for crafting, you can start a business selling handmade items such as jewelry, home decor, or art. Platforms like Etsy or local craft fairs can help you reach customers.
| Expense | Estimated Cost |
|---|---|
| Craft Supplies | ₹50,000 |
| Marketing | ₹50,000 |
| Website Development | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Profits can range from ₹30,000 to ₹1,00,000 per month depending on your products and sales channels.
13. Affiliate Marketing
Affiliate marketing involves promoting other companies’ products and earning a commission on sales made through your referral. This business can be started with minimal investment and is ideal for those with a strong online presence.
| Expense | Estimated Cost |
|---|---|
| Website & Hosting | ₹50,000 |
| Marketing | ₹50,000 |
| Tools & Software | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can vary between ₹20,000 and ₹1,00,000 depending on your marketing efforts and affiliate programs.
14. Real Estate Agent
Becoming a real estate agent involves helping clients buy, sell, or rent properties. With strong networking skills and market knowledge, this can be a highly profitable venture.
| Expense | Estimated Cost |
|---|---|
| Licensing & Certification | ₹50,000 |
| Marketing | ₹50,000 |
| Office Setup | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Profits can range from ₹30,000 to ₹2,00,000 per month depending on the number of transactions and commissions.
15. Online Course Creation
If you have expertise in a specific field, creating and selling online courses can be a great business. Platforms like Udemy or Teachable make it easy to reach a global audience.
| Expense | Estimated Cost |
|---|---|
| Course Creation Tools | ₹50,000 |
| Marketing | ₹50,000 |
| Platform Fees | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on course sales and pricing.
16. Event Planning
Event planning involves organizing and coordinating events such as weddings, corporate functions, or parties. This business requires strong organizational skills and a good network of vendors.
| Expense | Estimated Cost |
|---|---|
| Marketing | ₹50,000 |
| Equipment & Supplies | ₹50,000 |
| Office Setup | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on the number of events and fees charged.
17. Mobile Phone Repair
A mobile phone repair business involves fixing various issues with smartphones and tablets. With the right tools and skills, you can start this business from home or a small workshop.
| Expense | Estimated Cost |
|---|---|
| Tools & Equipment | ₹50,000 |
| Marketing | ₹50,000 |
| Training & Certification | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on the volume of repairs and pricing.
18. Dropshipping Business
Dropshipping allows you to sell products online without holding any inventory. You simply partner with suppliers who handle storage and shipping, while you focus on marketing and customer service.
| Expense | Estimated Cost |
|---|---|
| Website Setup | ₹50,000 |
| Marketing | ₹50,000 |
| Inventory Management | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on sales volume and marketing efforts.
18. Pet Sitting Service
Pet sitting involves taking care of pets while their owners are away. This business requires minimal investment and can be operated from home or on-site at clients’ locations.
| Expense | Estimated Cost |
|---|---|
| Marketing | ₹50,000 |
| Supplies | ₹50,000 |
| Certification | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on the number of clients and services offered.
19. Tutoring Service
Tutoring services involve teaching students in various subjects, either online or in person. This business requires expertise in a specific subject and a strong network of students.
| Expense | Estimated Cost |
|---|---|
| Marketing | ₹50,000 |
| Supplies & Materials | ₹50,000 |
| Online Platform Fees | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on the number of students and fees charged.
20. Food Truck
A food truck offers a mobile food service, allowing you to reach different locations and customers. This business requires an investment in a food truck and permits.
| Expense | Estimated Cost |
|---|---|
| Truck Purchase | ₹2,00,000 |
| Equipment & Supplies | ₹1,00,000 |
| Marketing | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹4,00,000
Estimated Profit: Monthly profits can range from ₹50,000 to ₹2,00,000 depending on sales and location.
To start Food truck business: Food Truck Franchise 1,40,000
21. Online Fitness Coaching
Online fitness coaching involves providing workout plans and fitness guidance via the internet. This business is ideal for fitness enthusiasts with coaching certifications.
| Expense | Estimated Cost |
|---|---|
| Certification | ₹50,000 |
| Marketing | ₹50,000 |
| Online Platform Fees | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on the number of clients and subscription fees.
22. SEO Consultant
As an SEO consultant, you help businesses improve their search engine rankings through various strategies and techniques. This business requires expertise in SEO and digital marketing.
| Expense | Estimated Cost |
|---|---|
| Tools & Software | ₹50,000 |
| Marketing | ₹50,000 |
| Training & Certification | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on the number of clients and projects.
23. Virtual Assistant
Virtual assistants provide administrative support to businesses or entrepreneurs remotely. Tasks can include managing emails, scheduling appointments, and handling customer inquiries.
| Expense | Estimated Cost |
|---|---|
| Marketing | ₹50,000 |
| Equipment | ₹50,000 |
| Software & Tools | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on the number of clients and services provided.
24. Tour Guide Service
A tour guide service involves offering guided tours to tourists, highlighting local attractions and providing information about the area. This business requires knowledge of the local area and good communication skills.
| Expense | Estimated Cost |
|---|---|
| Marketing | ₹50,000 |
| Equipment | ₹50,000 |
| Certification | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on the number of tours and client bookings.
25. Subscription Box Service
A subscription box service involves curating and delivering boxes of themed products to subscribers on a regular basis. This business requires careful planning and a good marketing strategy.
| Expense | Estimated Cost |
|---|---|
| Inventory | ₹1,00,000 |
| Marketing | ₹50,000 |
| Packaging | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,50,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,50,000 depending on subscription rates and box content.
26. Handyman Service
A handyman service provides various home repair and maintenance tasks, from fixing leaky faucets to assembling furniture. This business requires basic tools and skills in various trades. You can start handyman service, best business under 5 lakhs!
| Expense | Estimated Cost |
|---|---|
| Tools & Equipment | ₹50,000 |
| Marketing | ₹50,000 |
| Vehicle | ₹1,50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹3,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on the number of clients and services provided.
27. Real Estate Investment
Investing in real estate involves purchasing properties to rent or sell for profit. This business requires initial capital and knowledge of the real estate market.
| Expense | Estimated Cost |
|---|---|
| Property Purchase | ₹2,00,000 |
| Renovation | ₹1,00,000 |
| Marketing | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹4,00,000
Estimated Profit: Monthly profits can range from ₹50,000 to ₹2,00,000 depending on rental income or property sales.
28. Home Renovation Business
A home renovation business involves providing renovation and remodeling services to homeowners. This business requires a team of skilled workers and good project management skills.
| Expense | Estimated Cost |
|---|---|
| Tools & Equipment | ₹1,00,000 |
| Marketing | ₹50,000 |
| Supplies | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,50,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,50,000 depending on project size and client base.
29. Mobile App Development
Developing mobile apps involves creating applications for smartphones and tablets. This business requires coding skills and an understanding of user experience.
| Expense | Estimated Cost |
|---|---|
| Development Tools | ₹1,00,000 |
| Marketing | ₹50,000 |
| Software Licenses | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,50,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹2,00,000 depending on app downloads and user engagement.
30. Custom T-shirt Printing
Custom t-shirt printing involves designing and printing unique t-shirts for individuals or businesses. This business requires a printer and design software.
| Expense | Estimated Cost |
|---|---|
| Printing Equipment | ₹1,00,000 |
| Marketing | ₹50,000 |
| Inventory | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,50,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on sales and pricing.
31. Language Translation Service
Offering language translation services involves translating documents or content from one language to another. This business is ideal for individuals fluent in multiple languages.
| Expense | Estimated Cost |
|---|---|
| Marketing | ₹50,000 |
| Translation Tools | ₹50,000 |
| Certification | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on the volume of translation projects and rates.
32. B2B Consultancy
B2B consultancy involves providing business advice and solutions to other companies. This business requires expertise in a specific industry or business function.
| Expense | Estimated Cost |
|---|---|
| Marketing | ₹50,000 |
| Office Setup | ₹50,000 |
| Tools & Software | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on the number of clients and consulting fees.
33. Travel Agency
A travel agency helps clients plan and book travel arrangements. This business requires good knowledge of travel destinations and strong networking with travel service providers.
| Expense | Estimated Cost |
|---|---|
| Marketing | ₹50,000 |
| Office Setup | ₹50,000 |
| Software & Tools | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on the number of bookings and commissions.
34. Interior Design
Interior design involves helping clients decorate and arrange their homes or offices. This business requires design skills and a good portfolio.
| Expense | Estimated Cost |
|---|---|
| Marketing | ₹50,000 |
| Design Tools | ₹50,000 |
| Office Setup | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on the number of projects and fees charged.
35. Car Rental Service
A car rental service allows customers to rent vehicles for various needs. This business requires an investment in vehicles and maintenance.
| Expense | Estimated Cost |
|---|---|
| Vehicle Purchase | ₹2,00,000 |
| Marketing | ₹50,000 |
| Insurance | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹3,50,000
Estimated Profit: Monthly profits can range from ₹50,000 to ₹2,00,000 depending on rental rates and vehicle usage.
36. Bicycle Rental Service
A bicycle rental service involves renting out bicycles to tourists or locals. This business requires an investment in bicycles and maintenance.
| Expense | Estimated Cost |
|---|---|
| Bicycle Purchase | ₹1,00,000 |
| Marketing | ₹50,000 |
| Maintenance | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on rental rates and bicycle utilization.
37. Furniture Making
Furniture making involves designing and crafting furniture pieces. This business requires woodworking skills and tools.
| Expense | Estimated Cost |
|---|---|
| Tools & Equipment | ₹1,00,000 |
| Marketing | ₹50,000 |
| Materials | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,50,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,50,000 depending on sales and customization options.
38. Organic Farming
Organic farming involves growing fruits, vegetables, or herbs without synthetic chemicals. This business requires investment in land, seeds, and organic practices.
| Expense | Estimated Cost |
|---|---|
| Land Preparation | ₹1,00,000 |
| Seeds & Fertilizers | ₹50,000 |
| Equipment | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,50,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on crop yield and market prices.
39. Bakery Shop
Starting a bakery shop involves baking and selling bread, cakes, and pastries. This business requires baking equipment and a storefront.
| Expense | Estimated Cost |
|---|---|
| Bakery Equipment | ₹1,00,000 |
| Rent | ₹50,000 |
| Ingredients | ₹50,000 |
| Marketing | ₹50,000 |
Total: ₹2,50,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,50,000 depending on sales and product pricing.
40. Herbal Products
Herbal products include items like herbal teas, skincare products, or supplements. This business requires sourcing natural ingredients and packaging.
| Expense | Estimated Cost |
|---|---|
| Ingredient Sourcing | ₹1,00,000 |
| Packaging | ₹50,000 |
| Marketing | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,50,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,50,000 depending on product sales and market demand.
41. Event Management
Event management involves organizing and executing events such as weddings, corporate functions, or parties. This business requires organizational skills and a network of vendors. best business under 5 lakh you can consider event management you can start event management business with 2 lakhs
| Expense | Estimated Cost |
|---|---|
| Marketing | ₹50,000 |
| Equipment & Supplies | ₹50,000 |
| Office Setup | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on the number of events and client fees.
42. Printing Services
Offering printing services involves providing various types of printing like business cards, brochures, or custom items. This business requires printing equipment and materials.
| Expense | Estimated Cost |
|---|---|
| Printing Equipment | ₹1,00,000 |
| Marketing | ₹50,000 |
| Materials | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,50,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,50,000 depending on the volume of orders and pricing.
43. Online Jewelry Store
An online jewelry store allows you to sell handcrafted or designer jewelry pieces. This business requires investment in jewelry, marketing, and an e-commerce platform.
| Expense | Estimated Cost |
|---|---|
| Jewelry Inventory | ₹1,00,000 |
| Website Development | ₹50,000 |
| Marketing | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,50,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,50,000 depending on sales and product pricing.
44. Antique Shop
An antique shop involves buying and selling antique items like furniture, collectibles, and art. This business requires investment in inventory and a retail space.
| Expense | Estimated Cost |
|---|---|
| Inventory Purchase | ₹1,00,000 |
| Rent | ₹50,000 |
| Marketing | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,50,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,50,000 depending on sales and item value.
45. Digital Marketing Agency
A digital marketing agency provides services like SEO, social media marketing, and content creation to businesses. This business requires expertise in digital marketing and a team of professionals.
| Expense | Estimated Cost |
|---|---|
| Tools & Software | ₹1,00,000 |
| Marketing | ₹50,000 |
| Office Setup | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,50,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹2,00,000 depending on client base and service fees.
46. Photography Business
A photography business involves offering professional photography services for events, portraits, or commercial purposes. This business requires a good camera and editing software.
| Expense | Estimated Cost |
|---|---|
| Camera Equipment | ₹1,00,000 |
| Marketing | ₹50,000 |
| Editing Software | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,50,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,50,000 depending on bookings and service fees.
47. Tech Support Business
A tech support business provides technical assistance and troubleshooting for various tech issues. This business requires knowledge of IT and customer service skills.
| Expense | Estimated Cost |
|---|---|
| Tools & Software | ₹50,000 |
| Marketing | ₹50,000 |
| Certification | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on the number of clients and service fees.
48. Voice Over Services
Voice over services involve providing voice recordings for videos, advertisements, or other media. This business requires good voice recording equipment and skills.
| Expense | Estimated Cost |
|---|---|
| Recording Equipment | ₹50,000 |
| Marketing | ₹50,000 |
| Studio Setup | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on project volume and rates.
49. Online Course Creation
Creating and selling online courses involves developing educational content on various topics and selling it through online platforms. This business requires expertise in a subject and course creation tools.
| Expense | Estimated Cost |
|---|---|
| Course Creation Tools | ₹50,000 |
| Marketing | ₹50,000 |
| Platform Fees | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on course sales and pricing.
50. Event Planning
Event planning involves organizing and coordinating events such as weddings, corporate functions, or parties. This business requires strong organizational skills and a good network of vendors.
| Expense | Estimated Cost |
|---|---|
| Marketing | ₹50,000 |
| Equipment & Supplies | ₹50,000 |
| Office Setup | ₹50,000 |
| Miscellaneous | ₹50,000 |
Total: ₹2,00,000
Estimated Profit: Monthly profits can range from ₹30,000 to ₹1,00,000 depending on the number of events and fees charged.
Conclusion
Starting a best business under 5 lakh can be both exciting and rewarding. With the right idea and a bit of planning, you can launch a successful venture without breaking the bank. Choose an idea that aligns with your skills and interests, and take the first step toward becoming your own boss!
For more tips and business ideas, keep visiting our blog. If you have any questions or need further guidance, feel free to reach out!
