If you have Rs. 45,000 in your pocket, what business should you start that can give you a good income?
1. If you have 45,000/- in your pocket, you could start an educational institution such as a school or a coaching center.
You could also start an existing business by franchising it. Franchising is expensive but it can give you a steady income and an established brand to build your business career.
2. In other parts of India, starting a business is not as easy, especially in low-power areas.
A good business idea is key to starting a successful business even with low capital. Without a good idea, capital will not get you anywhere.
The idea should be easy to implement with little capital and should be scalable.
If possible, you could start a mobile recharger business.
Today, mobile phones have become an essential part of our lives.
You can purchase an android phone for around Rs 4500 and start your business. Many apps help you to start and manage your business easily. You can start your business without investing much money, you can start your business from home or anywhere, and you can even hire someone if you have sufficient capital. You can easily earn around Rs 45,000-Rs 1 Lakh per month by spending a couple of hours on your business.
3. If you have no experience or knowledge in any particular field, then you will need to start from scratch. You will need a large amount of money to start a new job, which you don't have. If you want to work as a self-employed person, you will require a lot of experience and practical knowledge in your field.
Therefore, the best option is to find a job.