What business can I start with RS 50000?

What business can I start with 50000 rupees?

Best small business ideas under 50,000

  • Pottery. We live in a country where we have people with tremendous skills and talents. …
  • Cloth Industry: India is a country which is known for its diversity around the globe. …
  • Food Service: …
  • Photographer: …
  • Chips making factory: …
  • Designing:

Is 50000 enough to start a business?

50k is definitely enough to start turning a profit or prove your concept to raise more money. Here are some ideas: Consulting: Choose a niche, and make people pay for your expertise. Areas of expertise could include strategy, acquisitions, software, and business model development.

What can I do with 50000 rupees?

Three Smart Things To Do With Rs 50,000

  • Smart Move #1: Prepay your Home Loan. Let’s face it – a Home Loan is supremely expensive proposition. …
  • Smart Move #2: STP into an ELSS. STP… …
  • Smart Move #3: Boost your Insurance Cover. And by that, I mean by purchasing a simple term plan and a health insurance plan.

What can I start with 50K?

Businesses you can start with 50K or less

  • Food Business: …
  • Plantain chips business: …
  • Popcorn business: …
  • Candle production: …
  • Sales of mobile accessories: …
  • Bead making and wire works: …
  • Sales of perfume and other cosmetics: …
  • Hair/Barbing saloon:
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What business can I start with 50K in 2021?

What Business Can I Start With 50K In Nigeria?

  • Noodle Stand. Starting a noodle stand is a business that is quite profitable in many parts of Nigeria. …
  • Soap Production. …
  • Perfume Oil Sales. …
  • Thrift Shop. …
  • Popcorn Production Business. …
  • Mini-Importation Business. …
  • Become A Used-Car Seller. …
  • Start A Printing/Branding Business.

What should I do with 50k in 2021?

15 Ways to Invest 50K Safely

  1. Pay off your debt. The easiest way to invest your money is by paying off debt. …
  2. Real estate. …
  3. Index funds. …
  4. Start a business. …
  5. High-yield savings account. …
  6. Invest using a robo advisor. …
  7. Invest in yourself. …
  8. Annuities.

What is the best business in 2021?

25 Best Business Ideas of 2021

  • App Development. …
  • Stock Photographer. …
  • Virtual Dance Studio. …
  • Instagram Consulting. …
  • Video Production. …
  • Software Education. …
  • College Preparation. …
  • Niche Staffing Agency. Nearly every industry has open jobs, and the employers are keen to hire the best people for their companies.

What business can I start with 50k in Philippines?

33 Businesses You Can Start for Less Than ₱50,000 in the Philippines

  • Sari-Sari Store Business. The iconic Filipino neighborhood convenience store remains a go-to small business idea for many budding entrepreneurs. …
  • English Instructor. …
  • Personal Trainer. …
  • Photographer. …
  • Content Writer. …
  • Transcriber. …
  • Personal Shopper. …
  • Personal Chef.

How can I make money with 50k?

Here are ten ways to invest 50k.

  1. Invest with a Robo Advisor. One of the easiest ways to start investing is with a robo advisor. …
  2. Individual Stocks. Individual stocks represent an investment in a single company. …
  3. Real Estate. …
  4. Individual Bonds. …
  5. Mutual Funds. …
  6. ETFs. …
  7. CDs. …
  8. Invest in Your Retirement.
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What business can make you rich?

25 Businesses That Will Make You a Millionaire in 5 Years

  • Financial Services. …
  • Eldercare. …
  • Business Consultancy. …
  • Investment Firm. …
  • Education and Training Service. …
  • Insurtech. …
  • Cleaning Business. …
  • Healthcare Consultancy.

What are the most successful small businesses?

Most profitable small businesses

  1. Auto repair. Taking a car to the shop for even simple repairs can be a challenge. …
  2. Food trucks. …
  3. Car wash services. …
  4. Electronics repair. …
  5. IT support. …
  6. Personal trainers. …
  7. Newborn and post-pregnancy services. …
  8. Enrichment activities for children.