10 High Profitable Business Ideas Under Rupees 20,000
Certainly! Here are 10 profitable business ideas that you can start with a budget of under 20,000 Rupees:
All you have to do is to kick off your business with a fantastic easy business idea. According to Entrepreneur, every profitable business idea is fantastic if it fulfills the given criteria:
it solves a problem (it fulfills any need in the community)
it’s scalable (you can grow it, extend it, expand it, shrink it, limit it)
it’s not easy to copy (which means you can add something unique to it)
it appeals to your gut feeling
If you are someone who is not a big fan of a 9 to 5 job and wants to be his own boss, then keep on reading. A 9 to 5 job can be really exhausting and monotonous. And honestly speaking, most entry-level jobs do not pay that well. You have to work for peanuts to earn a decent living for yourself.
However, to save yourself from the hassles of a tedious 9 to 5 job, you can always opt for a business venture. There are million of profitable business ideas out there, each catering to a different customer segment.
All you have to do is to pick a profitable business idea that does not require a kidney to start, especially when you are new in the business. Moreover, it should be sustainable, and it should earn a good amount of money because that’s our primary goal. Right?
The good news is that we have come up with a list of profitable business ideas in the world that you can start with little or no investment. How cool is that? Try to target potential customers with these business ideas. We have mentioned the best profitable business opportunities in the world.
Freelance Services: Offer your skills online, such as writing, graphic design, web development, or digital marketing. All you need is a computer and internet connection.
Tutoring or Coaching: If you excel in a particular subject or skill, offer tutoring or coaching services either online or in your local area.
Dropshipping: Start an e-commerce profitable business by partnering with suppliers who handle the inventory and shipping. You’ll need a website and marketing strategies.
Content Creation: Start a YouTube channel, a blog, or a podcast on a niche topic you are passionate about. Monetize through ads, sponsorships, or affiliate marketing.
Homemade Crafts: If you’re crafty, create handmade jewelry, candles, or home decor items to sell online or at local markets.
Baking or Cooking: Offer homemade baked goods, meals, or snacks for sale. You can start with a small kitchen and expand as your profitable business grows.
Event Planning: Use your organizational skills to plan and coordinate events such as weddings, birthdays, or corporate gatherings.
Pet Services: Offer pet sitting, dog walking, grooming, or pet training services in your local area.
Consulting: If you have expertise in a specific field, offer consulting services to individuals or businesses seeking guidance.
Mobile Car Wash: Invest in some basic car cleaning equipment and offer mobile car wash services in your neighborhood.
Remember that while these businesses can be started with a budget of under 20,000 Rupees, success will depend on your dedication, hard work, and the quality of your products or services. Additionally, it’s important to research and plan thoroughly before starting any business to ensure its profitability and sustainability.