If you want to start a business but currently have limited funds, and you wish to initiate a business with minimal investment and high profits, here are five businesses where you can earn daily income.
- Tea and Snacks
If you know the profit margins in selling tea, consider starting a tea and snacks business. Even if you sell a cup of tea for ₹10, selling 100-150 cups a day could yield a profit of ₹1500. With a monthly business of ₹45,000, you could potentially earn a profit of ₹30,000.
- Mobile Phone and Laptop Repair
In today’s time, no one can do without a mobile phone or laptop. If you acquire skills in repairing phones and laptops and open a shop, you could earn between ₹50,000 to ₹1 lakh per month.
- Rent Out Moveable Property
If you have items at home that are not in use, consider renting them out. Whether it’s a mobile phone, laptop, or even a bike, renting these items could earn you up to ₹40,000 per month.
- Gift Hamper Business
If you want to start a business with a limited budget, consider a gift hamper business. Create and decorate gift hampers with carefully selected items. This business has the potential for good income.
- Online Tutoring
Utilize your skills and knowledge to offer online tutoring services. With minimal investment, you can reach a wide audience and earn a steady income.
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These businesses require low initial investment and offer the potential for significant profits. Choose the one that aligns with your skills and interests.