Question: What business can I start with 10k in India?

What can 10000 rupees do?

Here are some of the smartest ways to use that money:

  1. BUY A SUITABLE TERM PLAN. If you have not yet got a life cover, purchase a suitable term plan. …
  2. BUY HEALTH INSURANCE. …
  3. INVEST IN EQUITY MUTUAL FUND. …
  4. INVEST IN EQUITY MARKET. …
  5. BUY GOLD. …
  6. GET DISCOUNTS AND DEALS ON E-WALLETS. …
  7. BE TRADITIONAL: SAVE IT IN A BANK FIXED DEPOSIT.

What business can I start with 20k in India?

Invest just Rs. 20,000 and start-up these 10 businesses to earn lakhs

  • Driving School. To start a driving school is an excellent idea. …
  • Translation Services. …
  • Social Media Support. …
  • Second Hand Car Dealership. …
  • Ice-cream Parlour. …
  • Medical Tour Service. …
  • Day Care Service. …
  • Virtual Assistant.

Is 1 lakh a good salary?

1 lakh is not a small amount of money but it entirely depends on your lifestyle. If you try to live a high end lifestyle, spending more than 80% of your income living that life, then 1 lakh will seem less.

How can I earn crores?

How do you start to earn Rs 1 crore or over? Well, you need to save big amounts on a monthly basis and then invest the same in instruments that give back good amounts in terms of profit generated. Remember, whenever you invest, risk is present, but it is more in some investments and less in others.

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What franchise can I buy for 20K?

Top Franchises Under 20k

  • Dream Vacations. If you’ve got a passion for travel, why not turn it into a lucrative business? …
  • Mosquito Minus. Another affordable franchise for under $20K is Mosquito Minus. …
  • Ambit Energy. …
  • America’s Tax Office. …
  • Java Dave’s Coffee. …
  • ClaimTek. …
  • Jazzercise. …
  • Maid Simple.

How can I make money with a 10k?

Below are some ideas on how to make the most of your $10k.

  1. Invest in Stocks.
  2. Invest in Mutual Funds or Exchange-Traded Funds (ETFs)
  3. Invest in Bonds.
  4. Use a Robo-Advisor for Automatic Investing.
  5. Invest in Real Estate.
  6. Start Your Own Business.
  7. Invest in Peer-to-Peer Lending.
  8. Open a CD Account.

Is 30k enough to start a business?

Sure, you can get enough clients to make $20-30k per summer…. but you can’t live off of that, and you will have difficulty in expanding it. There’s no point in starting a business unless it gives you something greater than slaving away working for someone else.

What business can I start with 5 lakhs?

20 ventures you can start with Rs 5 lakh!

Business Skills needed Amount you need to start (Rs)
Food delivery Marketing and sales 15,000
Uniform making Man management 20,000
Property management Marketing and sales 50,000
Telecom Business Consultantcy Networking 50,000

What are the most successful small businesses?

Most profitable small businesses

  • Personal wellness. …
  • Courses in other hobbies. …
  • Bookkeeping and accounting. …
  • Consulting. …
  • Graphic design. …
  • Social media management. …
  • Marketing copywriter. …
  • Virtual assistant services. Finally, last on our list of the most profitable small businesses: virtual assistant services.
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What is the most profitable business in India?

2. Most Profitable Businesses In India

  1. Website Designing. Blogging and digital marketing are some of the most popular options for employment. …
  2. Interior Designing and Decoration. …
  3. Real Estate. …
  4. Building Materials. …
  5. Wedding Planning. …
  6. Pharmaceutical Businesses. …
  7. Travel Agency. …
  8. Organic Farming.

How can I earn 2 lakhs in a year?

Below is the list of few activities that can make you earn ₹ 2 lakhs per month without even an academic degrees.

  1. Become a mobile app developer.
  2. Become a freelancer/consultant.
  3. Online selling (through Amazon or your own website) – People nowadays sell stuff through even WhatsApp.
  4. Become a blogger.
  5. Start your Youtube channel.

How much money is rich in India?

According to Hurun, there are 412,000 dollar-millionaire households / affluent households in India with a networth of at least Rs 7 crore. Hurun Rich Listers have a wealth of Rs 1,000 crore, the report says, and pegs the number of such cumulative households in India at 3,000.

Which job has highest salary?

Highest-Paying Careers

Rank Occupation 2020 Median wages
Annual
1 Anesthesiologists $100.00+
2 General Internal Medicine Physicians $100.00+
3 Obstetricians and Gynecologists $100.00+
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