What is the best business to start with an investment of 4 lakhs?

With an investment of 4 lakhs, there are several small-scale business options that you can consider. Here are a few business ideas that can be started with a relatively low investment:

1. Online retail: Start an e-commerce business by setting up an online store and selling products. You can source products from wholesalers, manufacturers, or create your own products. Focus on a specific niche or target market to differentiate yourself.

2. Food truck or small restaurant: Invest in a food truck or set up a small restaurant serving a specific cuisine or specialty. This allows you to tap into the food industry with a lower initial investment compared to a full-fledged restaurant.

3. Event planning services: Start an event planning business, offering services for weddings, parties, corporate events, or special occasions. You can handle event coordination, venue selection, decoration, catering, and other related services.

4. Fitness or yoga studio: Establish a small fitness or yoga studio where you can offer classes, personal training, or specialized fitness programs. Focus on a specific fitness niche or target market to differentiate yourself.

5. Home-based bakery or catering: Utilize your culinary skills to start a home-based bakery or catering service. You can offer customized cakes, baked goods, or provide catering for small events or gatherings.

6. Digital marketing agency: Start a digital marketing agency where you offer services such as social media management, content creation, SEO, and online advertising. This business can be run remotely, reducing the need for physical office space.

7. Handmade crafts and products: If you have skills in crafts or creating unique products, consider starting a business selling handmade items. This can include jewelry, artwork, home decor, or personalized gifts.

8. Tutoring or coaching services: Utilize your expertise in a particular subject or skill to offer tutoring or coaching services. This can be done online or in-person, focusing on academic subjects, language learning, test preparation, or specific skills like music or sports.

Remember to conduct thorough market research, create a business plan, and consider the target market, competition, and potential profitability of your chosen business idea. Additionally, carefully manage your budget, prioritize expenses, and seek cost-effective solutions to make the most of your investment.