2007-10-23 21:44:27 · 12 answers · asked by Mirza 1 in Local Businesses ➔ India ➔ Other - India
opening a shop... for electric appliances... bulbs, CFLs, tube lights, heater, coolers, cables & wires, chokes, electric fittings etc and electric repairs...
2007-10-23 21:52:11 · answer #1 · answered by Harish Jharia 7 · 0⤊ 0⤋
Business must be of such a nature where you need minimum capital investment. Because business can not be with out inherent risk. You are require time, energy, man power, place and so may other things. Thereafter also it is not sure whether you will get success or not. At least you require three to five years to settle down.
If you possess some knowledge of share market, invest Rs.50000/- in stock market. That Investment will give you good return in long run.
Open demat account and trading account with State Bank of India and start applying in IPOs.
2007-10-26 20:25:04 · answer #2 · answered by vinayak g 5 · 0⤊ 0⤋
The Best bussiness with this amount is gaming station & Internet cafe. For this you just need to buy 2 gaming machines ..which will cost you around 12,000 * 2 = 24000 & buy one PIV computer which will cost you around 15,000 Rs now total is 39,000 and rest of the amount you can spend on the shop furnishing...anyways when you start the business ..you always keep a budget of 25% increase in the whatever you have kept for that bussiness so I think within 65000 Rs. you can have good running business...and it can grow very well some of my friend doing similiar busniess in chandigarh and earning good ...I fyou just want to save the money then keep your this amount in Post Office in India...the interest rates are really very good...or invest in SBI equity market ..they are doing very good...there are chances of earning 30-50% within 2 years..good luck
2007-10-24 02:42:46 · answer #3 · answered by nicky 1 · 0⤊ 0⤋
See www.niir.org site. This is a National Institute of Industrial Research site & provide a fabulous collection of books to encourage & help of new emerging entrepreneours.
With this little amount you can start a candels making business or 'Aggarbatties'. Remember ur interest is played main lead.
2007-10-23 22:00:09 · answer #4 · answered by G Bawa 1 · 0⤊ 0⤋
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2016-10-07 12:25:59 · answer #5 · answered by ? 4 · 0⤊ 0⤋
If you are good with electronics and particularly with consumer electronics, learn mobile repairs. With limited financial resources like yours, you can learn and also buy the tools of the trade. You can start repairs and supply etc in your home till the time you earn enough. There is a tremendous demand for mobile repairs and it's growing.
My best luck to you.
2007-10-23 22:32:59 · answer #6 · answered by Nitin G 7 · 0⤊ 0⤋
I m not agree with above answerer because if you open shop for this you have to purchase shop first and it cost Rs. 5-10 lakhs minimum.
In this situation you can take shop on rent and start your business but first you have to submit security for shop rent and some money for goods and also it take some time to grow your business.
2007-10-23 22:04:11 · answer #7 · answered by MEENA M 4 · 0⤊ 0⤋
If you choose business, try the service industry. That is where the money is and asks very little investment but good skill.
And if you have no skill, GET ONE.
2007-10-27 02:53:24 · answer #8 · answered by satyavach 1 · 0⤊ 0⤋
with 50000 i dont think its a comfortable money to open any sort of business its just my idea my advice is plz invest ur money in buying gold ,shares when the price comes down u can sell it when the price goes up with 50000 thousand if u open any shop u may be forced to give credit then thats all probelm
2007-10-24 06:43:54 · answer #9 · answered by Anonymous · 0⤊ 1⤋
Get our portable etching *** marking machine and do jobwork for Die engraving or mark part numbers for valued company's materials. Contact us by etching.machine@gmail.com
2007-10-24 23:31:01 · answer #10 · answered by Anonymous · 0⤊ 0⤋