Small Business Ideas under 1 lakh to 5 lakhs (Urban/ Rural Areas)

Welcome Investors! This blog is beneficial for those who are looking for small business ideas under Rs 1 Lakh to 5 Lakhs (Initiative for Urban & Rural Areas). If you want to start your own business but are confused about the business type and do not have any ideas. Then, you are at the right place. In this article, we have shared the complete details regarding the Small Business Ideas under 1 lakh to 5 lakhs (Urban/ Rural Areas). These low-investment business ideas are best for those people who don’t have a huge budget to start their businesses in 2024.

Small Business Ideas under 1 lakh to 5 lakhs

Starting your own business is a dream for everyone. But, some people are facing a lack of investment and some have a lack of knowledge and ideas. But, we have a solution for those, who want to start their low-cost business in Rural or Urban Areas with just investments of INR 1-5 Lacs. This business idea can make you rich in 2024. We have some amazing business ideas, which are driven by deep research on the experts saying & on, line statics. So keep on reading this post further to know more.

Small Business Ideas under 1 lakh to 5 lakhs (Urban/ Rural Areas)

However, you need to have proper business ideas for the urban and rural markets. So, here we have a complete list of new emerging small business ideas in 2024. It will have heavy ROI & profitable business, which can help you to get business success. Below you can check the various industry Small Business Ideas under INR 1 lakh to 5 lakhs (Urban/ Rural Areas). Stay tuned for more details.

Small Business Ideas under 5 Lakhs for Urban Areas

Look at the below description, here you will find the Top Small Business Ideas which you can start by investing Rs 1 to 5 Lakh only for Urban Areas. So, look at the below details-

1) Food Business

The food business is one of the best choices, which is one of the most growing industry businesses. It will be best for you to start a profitable business journey. You can open a Food Stall, Truck Food, store, shop, and cloud kitchen. It will be one of the most profitable businesses, which requires an investment of 4-5 Lacs only. Here are some essential ideas for it;

  • Food Truck
  • Catering Business
  • Coffee Shop
  • Bakery
  • Ice Cream Shop
  • Pizza Shop
  • Natural/ Organic Grocery Store.
  • Juice/Smooth Bar.

2) Printing Business

Starting a printing business is one of the most profitable business ideas in the year 2024. As we all know, the Printing Business is wide range business. In which, you can select any one or multiple types of writing business. The demand for t-shirt Printing, Cups, and other staff Printing is one type of business. Apart from that, Business Card Printing, Wedding Card printing, and other types of Posters, Flyers and many item printing shops are some of the best ideas in 2024, They will provide you with heavy ROI with just 3-5 Lacs of decent Investment.

3) Courses for Cake Decorating

The Course & Toutaering Business is one of the biggest ideas in the year 2024. If you want to know about Cake Decoration and Cake Bakes, then you can teach people by providing the Cake Decorating Business Course. All you need to you is just set for offline & online classes. Then you can easily earn a profit of up to 2-3 lacs per month by just spending the Investment Cost of 1-5 Lacs. It is one of the top low-cost business ideas in 2024.

4) Renting Wedding Equipment

Providing goods on rent is a great business. You all know that some occasions in the life of people come in just once. Then, many people only get this thing on rent for some time, and so on. Especially, Wedding Equipements only take on the rent for 1 day to 10 days. You can easily start the Renting Wedding equipment business, just spending INR 3-5 Lacs Cost. People can easily start a wedding equipment Renting Business, which can give you the best profit.

5) Manufacturing of Disposable Cups and Plates

Disposable Cups & Plates Manufacturing Business in the year 2024 is rapidly growing. You can start this small business in 2024 to get huge profits. All you need to have 100-2000 sq ft area with the investment for equipment is just 2-3 Lacs on machines and you can create a well-profitable business. To grow your business, you have to provide heavy quality with just a minimum price. This Business is ow investment business, with a high profit margin. So, don’t think so much and start your profitable journey for today.

Ruler Areas Small Business Ideas under 1-5 Lakhs

In this section, we will provide the Ruler Areas Small business ideas, which started from the 1-5 Lacs of Investment. You can start the business by implementing any one idea. Check out the details below-

1) Flour Mill

Starting the Rural Business, the first business idea is opening the Flour Mill. Setting up Flour Mills in rural areas is a good idea, as the demand will always be rising, especially with most Indians. You can start this business is just investing INR 4-5 lacs. It will be the best opportunity to start a profitable small business. The Flour Mill at a medium-level investment is one of the most profitable businesses you can start in rural areas.

2) Poultry Farming

As we all know, pouring is the raising of the birds domestically or commercially, primarily for meat and eggs but also for feathers. Chickens, turkeys, ducks, and geese are of primary importance, while guinea fowl and squabs (young pigeons) are chiefly of local interest. You can also include the smart strategy with it. All you have to pack it very well and also export the products across India and other countries. It requires just Rs 4-5 Lacs of Investment to start this small business at the Village level.

3) Goat Farming

Let us tell you that, Goat farming is profitable in every aspect, you just have to do it with proper management and focus. It is a livestock business that is always profitable. The demand for meat eating and the demand for goat meat and meat products will increase. Now you can grow productivity and sell the meat and goats in the city during festivals. You can also sell the goats to slaughterhouse areas in the city. It is a profitable business, you can start this business with an investment of just ₹5 Lacs. It will give you a heavy profit.

4) Makhana Cultivation

One of the most profitable businesses in rural areas is Makhan Cultivation. It is a profitable business idea in 2024, The Makhana is easily available in the range of ₹100-150 and this product has a selling price of ₹500, which is a huge price. If you start the Cultivation of Makhana in India and sell it to the outer countries. You can start a profitable journey. The total cost of this business is up to Rs 5 lacs.

5) Dairy Farming

Dairy Farming is also the main activity in the rural area of India. The main production of Milk is operated by the ruler areas of Punjab, Haryana & Rajasthan. You can start dairy farming and earn by selling milk, Milk made products like Desi Ghee, Curd, Cream, and so on. It will provide you with heavy profit with less investment. All you have to purchase the Cows & Buffalo to start this business. You can spend in this business up to 5 lakh rupees and start up to passive income in just 1-2 Months.

List of Top Small Business Ideas under Rs 1 to 5 Lakhs

In this section, we will share the complete List of the Top Small business Ideas Under Rs 1 to 5 Lacs. These are another list that can also start to business. Look at the below table for more details-

S.No Business Ideas Investment Range (₹)
1 Agarbatti (Incense Stick) Making 1-5 lakhs
2 Papad Making 1-5 lakhs
3 Spice Grinding and Packaging 1-5 lakhs
4 Handmade Soap Making 1-5 lakhs
5 Candle Making 1-5 lakhs
6 Tiffin Service 1-5 lakhs
7 Tailoring and Alteration Services 1-5 lakhs
8 Mobile Repairing Shop 1-5 lakhs
9 Tea Stall/Cafe 1-5 lakhs
10 Organic Farming 1-5 lakhs
11 Pet Care Services 1-5 lakhs
12 Jewelry Making 1-5 lakhs
13 Home Cleaning Services 1-5 lakhs
14 Freelance Writing/Content Creation 1-5 lakhs
15 Digital Marketing Services 1-5 lakhs

Note:- This list is updated as of the year 2024. All the details are based on the data available in the internet. You can start this business with PR strategy and planning in 2024. For more small business ideas with low-investment, stay connected to our website at Thank You!!

READ ALSO: Top 10 Best Chai Franchise in India 2024

List of Top 20 Food Franchises under 10 Lakhs in India 

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