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Asked by Priya Last Modified
Prabhat Rai
Economics wizard
That depends upon the nature of your business. You can buy secondary machinery and equipment for business instead of buying a new one. If you don't have land of your own, you can rent it. You should give labours wages by per piece system. E.g. 2rs/pc depending upon your products. You can also ask for a loan under Mudra yojana and make in India.
read lessThe skill in which you are best with, try to leverage on it keeping an eye on
1) process operational cost
2) least burden on the customers
Then only the startup will have a feel of its presence in the arena.
Visit the website risingwealthsolution and try to learn from them. They have been attempting to do it in a way to be sustained in the market.
Don't worry about the less money. First, you have to decide which type of business you want to do. Then you need to pay attention and pay your confidence in your business.
You can do work from home without spending any expenses. You can search for freelancers work and blog writer work. You can start up your business without money or in less money.
Hi Priya! You can go for affiliated marketing by Flipkart, Amazon
or you can go for Meesho app.
These are the methods you can have a kind of business.
Or you can teach students in your area.
You can open a vlog channel on YouTube.
You can go for blogging as well.
These are the few ways through which you can start your own business.
Best of luck !
First of all, think do you really want to start a business? If you are clear about it then, find your field of interest and ideas about the type of business you want to do? It is a crucial part. You have to think very carefully about these aspects because planning is the first step of doing anything new. If you are straight enough, make supportive plans also what do you need to achieve your intention of starting a business. EXAMPLE - if you want to open a tuition centre, you require many things - a room, chairs, board and so on. Then, organizes all the things you need for your business and work on converting plans into action. If you need money, you can take the benefits of Pradhan Mantri Mudra Yojana, a flagship scheme of Govt. OF India to help students and others to start their businesses specifically for women. They are providing a loan of Rs.50,000 to the new businesses and Rs.50,000 to Rs. 5 lakh for the existing business to help them in their expansion.
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