What does it take to achieve success in a business endeavour? Does it have a distinctive concept and make the right financial investments? We're currently in an age of startups, making it an ideal moment to venture into entrepreneurship. It's entirely plausible that someone possesses a high-value business concept but lacks the necessary financial resources.
In such a scenario, we've put together a selection of startup concepts that can be initiated with an investment as low as Rs 10,000.
5 Business Under Rs 10,000
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Pickle Business
Entrepreneurs looking to kickstart their own business with an initial budget of Rs 10,000 might want to explore the pickle industry. In India, pickles and chutneys are integral to many meals, yet creating a wide variety of pickles is a challenging task. As a result, many individuals prefer buying their favorite pickles in ready-made containers instead of making them themselves. To get started in this venture, you'll need fresh ingredients, a well-crafted recipe, and appropriate packaging materials. Developing a successful marketing strategy is crucial for driving business expansion.
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Dropshipping
Start an e-commerce business without the need for a physical inventory by using dropshipping. You can set up an online store and partner with suppliers who will handle the shipping and inventory. Your initial budget can be used for website hosting, domain registration, and marketing.
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Tutoring or Coaching
If you excel in a particular subject or have expertise in a specific area, you can offer tutoring or coaching services. This can be done in-person or online. Your initial expenses might include advertising materials, online platforms, or transportation costs for in-person sessions.
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Handmade Crafts or Products
If you're creative and enjoy making things, consider selling handmade crafts or products. You can start small by making jewellery, candles, soaps, or other crafts and sell them online through platforms like Amazon, Flipkart, or at local craft fairs. Your budget can cover materials and some initial marketing.
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Content Creation
If you have a passion for creating content, such as YouTube videos, a blog, or a podcast, you can start a business around it. Invest in basic equipment like a camera or microphone, and use your budget for website hosting, editing software, or promotion.
Remember that the success of your business will depend on various factors, including your dedication, marketing efforts, and the demand for your products or services. It's essential to carefully plan and manage your budget to ensure your business's sustainability and growth. Additionally, consider researching and complying with any legal and tax requirements for your chosen business model and location.
