I receive following kinds of queries everyday. So I thought that I should write separate post on this very common query.
- Best Business To Start With 1-2 Lakhs in India
- Best Business To Start With 25 Lakhs in India
- Best Business To Start With 5 Lakhs in India
- Best Business To Start With 2 Crores in India
And Several other such kinds of queries. Well, Honestly speaking the answer of such kind of queries depend on several factors such as in which city of India you want to start a Business, Which Kind of Business you want to start (Offline or Online), about which area you are expertise about and many other factors.
Say for Example if you have 1-2 lakh of capital and you want to start your own Business in cities like Mumbai and Delhi than it is very difficult to start with such a small amount. So either you have to raise more money or you have to start extremely small.
But well, at the same time, if you want to start the Internet Business with this much of Capital than the web properties (Domain Names & Web Hosting) are very cheap right now and this much capital is more than sufficient to start your own Business.
Another important factor is the Passion & Persistence of the founders. If you are not passionate about your business, you can not remain persistent and thus ultimately you will fail. So rather than finding hot industries for starting your new business, it is advisable that you develop a Business around your Passion and you will never fail.
So these are some practical aspects of starting a Business with various amount of Capitals.
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