Question: What business can I start with 1000000 rupees?

What business can I start with 1000000?

21 Businesses you can start with one million naira today.

  • 1) Operating a restaurant. One business you can start with one million naira today is a restaurant business. …
  • 2) Poultry farming. …
  • 3) Fitness centers and gymnasium. …
  • 4) Bridal shop. …
  • 5) Frozen foods. …
  • 6) Boutique/thrift shop business. …
  • 7) Bakery/Bakeshop. …
  • 8) Importation.

What I can do with 10 lakhs?

Have you invested your Rs 10 lakh in these 10 ways?

  • Emergency funds. There can be times when you will be hit by curveballs and you need to be prepared for it! …
  • Short-term funds. …
  • ELSS funds. …
  • High growth funds. …
  • Gold. …
  • Public Provident Fund. …
  • Health insurance. …
  • Term insurance.

Which business is best for millionaire?

Here we will talk about 10 business ideas that can make you a multi-millionaire.

  1. Create an Affiliate Website. …
  2. Launch an Insurance Company. …
  3. Start a Business Consultancy Service. …
  4. Develop an Eco-Friendly Business. …
  5. Launch a Digital Marketing Agency. …
  6. Start a Highly-Rated Legal Service. …
  7. Launch Content Writing Services.
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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.

How can I start a business with 1 million?

Business I can start with 1 million naira in Nigeria

  1. Opening a small supermarket. …
  2. Opening a small restaurant. …
  3. Boutique business. …
  4. Phone and computer accessory business. …
  5. Bakery business. …
  6. Producing yoghurt and ice cream. …
  7. Poultry farming. …
  8. Fish farming.

What business can make you millions?

9 best million-dollar business ideas

  1. B2B products and services. …
  2. Online education. …
  3. Wellness offerings. …
  4. Food delivery services. …
  5. Wedding services and products. …
  6. Dropshipping business. …
  7. Food truck. …
  8. Subscription model business.

Which is the best business to invest?

Top 7 Low Investment Business Ideas With High Profit

  • Most Profitable Low Investment Business Ideas in India.
  • Dropshipping.
  • Courier Company.
  • Online Bakery.
  • Online Fashion Boutique.
  • Sell a Service.
  • Social Media Agency.
  • Handcrafted Products.

Which is the most profitable business in India?

Top 10 Most Profitable Business in India with Low Investment

  • 1) Insurance Agent. …
  • 2) Real Estate Agency. …
  • 3) Labor Contractor. …
  • 4) Co-working Space Venture. …
  • 7) Travel Agency to make travel arrangements. …
  • 8) Organic Farming and other Consumables. …
  • 9) Wedding Planner. …
  • 10) Fashion Boutique.

What is SWP plan?

A Systematic Withdrawal Plan or SWP allows an investor to withdraw from his/her mutual fund scheme every month on predefined dates. This withdrawal could be a fixed or a variable amount. It could be made on an annual, semi-annual, quarterly, or even monthly basis.

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How can I get rich?

To build wealth you need to have some fundamentals in place:

  1. Money mindset is everything. …
  2. Millionaires still budget. …
  3. Money management is key. …
  4. Invest your money for growth. …
  5. Build your business around your personal financial goals. …
  6. Create multiple income streams. …
  7. Don’t check out.

How can I get rich with no money?

5 Simple Ways To Get Rich By Doing Less

  1. Pay yourself first. How much ever you make, pay your future self first. …
  2. Make your money work for you- building passive income sources. …
  3. Index funds or equity-based mutual funds. …
  4. Be a smart consumer. …
  5. Surround yourself with the right people.

What is the hottest business to start?

What Are the Best Small Business Ideas?

  1. Best Online Small Business Idea: Start a Profitable Blog. …
  2. Online Courses and Coaching. …
  3. Start an Ecommerce Business. …
  4. Start a Podcast. …
  5. Sell Custom Printed Products. …
  6. Graphic Design. …
  7. Web Development. …
  8. Instagram Influencer.