what business i can do with 1lakh indian rupees?

Question

below 1 lakh rupees i want to do the business . so can you suggest me some of the areas which i can do the business. i belong to chennai, india

Answer 1

depends on your skill and knowledge. don't put your gud money after a bad money. all the fields that promise good return like shares, reality etc are pretty volatile. so better not invest in them unless u have prior knowledge about them. you can start any buisness which you feel u r proficient in, or if you haven't got any skills, then it's better to invest your money in aquiring some skills to earn money. they will give u better returns than your money.

i advise you to invest some money to buy a book called "rich dad, poor dad" by robert kiyosaki (http://www.amazon.com/Rich-Dad-Poor-Money-That-Middle/dp/0446677450). it will just cost you about Rs. 400/- or so but it's the best investment guide for newbies.

Answer 2

Present Scenario invest in shares..take advise from good market consutlants

Answer 3

M y dear vijay, How much you want to earn, just investing this one lac?

Answer 4

u caaannnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn
start a hoteal and make near a big shop and keep 2 rs less than the big shop

Answer 5

Placement and advertising

Answer 6

computerised lottery stall.