February 5, 2025

Is 10 Lakh Enough to Start a Business in India?

Starting a business in India with 10 lakh rupees can be a challenging yet feasible venture. With the right approach, you can stretch your budget to cover essential costs like registration, inventory, and marketing. It's crucial to choose a business model that aligns with your financial limits, maximizing the potential of your initial capital. Cost-effective strategies and government schemes can further aid new entrepreneurs. Understanding the dynamics of your industry can lead to well-informed financial decisions.