To enjoy lavish life or to get more supplementary income to maintain our lifestyle you should do side investment. Even if you are doctor, businessman, Engineer etc. you are searching for money making ideas. But if you see there are many fraud cases you will find in the surrounding. But you should carefully about that. One thing you remember that there is no shortcut to getting success or you cannot double your income in a very short period. Even if unemployed people can start their own business with low investment.So here we are going to discuss very low risk 10 Money Making Ideas with an investment below 100000 rests.
You can also check Top 10ways of make money online as an awesome income generating with minimum investment.
1. The Toper in Money Making Ideas Social media Assistance Service
Social media Assistance service is an awesome place for small businesses. It is very necessary to enter into this business with a game plan for this startup business. Nowadays Traditional marketing is no more in the picture. Social media marketing is very pretty low-cost and gives you a direct line to current and prospective customers.
2. HR & Recruiting Service
If we research the market, we find that for small business they cannot afford their own HR department. They also don’t have their big recruitment firms. Professional HR who has experience in this field can take benefit of this thing and become a mediator between small companies and recruitment.
3. Translation Services
Today in all over the world as a rise in globalization, every small and Big business needs a translator. For that, they are dependent on translation services. As an agency, you’ll need office space, a small staff that will scale with you, computer workstations, licenses and insurance, and other traditional costs that come with having a business in a physical location.
If you know at least one other language, translating is a good business that allows you to work on the side or build a much larger, full-time model capable of generating a lot of income. Computer-based translation is not allowed in many companies. However, the market will likely have a need for a human translator for many decades to come.
4. Money Making Ideas for safe future – Rainwater Harvesting
Rainwater harvesting is nothing but to store and reuse rainwater. This is one of the simplest and oldest methods of self-supply of water for households. Nowadays, the government has made a rule that rainwater harvesting and sewerage treatment plants be provided in all the buildings that we construct.
So there is a high probability of success in the field. It costs around Rs. 5,000 to set up a roof-based RWH system, inclusive of the cost of materials and labor, on an average. This could vary depending on the size of the building. Whatever is the size, you need a maximum of Rs. 1 lac to start this business.
5. Moving & Packaging Services
If you have physical strength and a vehicle that you can use as a moving van, starting a moving company could be a realistic way to make extra income or even a full-time salary. Like any business, it will require a lot of research and hard work, as well as some start-up capital, but the rewards can be great. You can start this business with investment lower than 100000 Rs.
6. Courier Service
Courier service business gives you service of delivering your packages from location to location. Make sure you have reliable transportation as you will need to pick up and deliver packages each day. You can probably start out with a car, van. You can create your office at your home; decide proper name to your courier company.
Then decide that you are comfortable working for residential or business customers, or both. Decide what types of packages you will pick up and deliver, such as personal gifts, checks and money orders, perishable good or body organs. Limit the weight of the items you pick up and deliver if you desire. This business also gives you handsome side income.
7. Childproofing Services
We all want to keep children out of harm’s way. Whether you’re a child care professional, a new parent, or anything in-between, it can feel overwhelming to keep track of kids who seem to be attracted to harm like moths to a candle. You’ll need basic tools like screwdrivers, wrenches and a cordless drill, as well as a tidy supply of baby-proofing devices. In this business, income comes from one to one client.
8. Party Planning Services
A party planning business can be a fulfilling and profitable opportunity for someone who is social, organized, detail-oriented and has a flair for entertaining and coordinating events. The special events industry has grown enormously in the past decade. As this business does not require too much investment.
Many corporate companies organize events, such as major meetings, retirement parties, receptions, conferences, and trade shows. Social events, on the other hand, make up the category most of us think about when we hear “party.” These cover a wide range of occasions, including birthdays, wedding receptions, baby showers, and family reunions.
9. Hobby Classes
Hobby classes to children or adults like teaching instruments like guitar, sports like football and arts and crafts. Requires a small capital and is easy to manage.
The first impression is always the last impression. You may place advertisements, promoting your class in local newspapers and magazines. You may advertise on your local cable network. Invest in printed pamphlets, visiting cards, brochures, and billboards.
10. Driving School
Many people want to learn driving school. This opens the money making ideas opportunity for start up a driving school. You’ll just need to be aware of some of your state’s requirements, who are currently providing driver education services in your area.
You want to figure out if
(a) you need to declare a place of business,
(b) take a separate exam for becoming an instructor, and
(c) need your vehicle,
to meet a certain form of inspection. Also, you should do the survey of your local area of other driving schools. Then this business gives you handsome income.
These are Top 10 money making ideas which relate to modern demands in society. You can take benefit of these sources with as lower investment budget only 1 lac Rs. So let’s start to think which business suitable for you and jump in money making stream.