What kind of business can I open for a million rubles?

A million rubles these days is not a very large amount. In a large city, this money cannot even be bought. For some, a million is an opportunity to live for a while without denying anything to yourself. And for an entrepreneurial person - a chance to change his life, start a business that will feed him, and children, and grandchildren. One million is enough to realize a small business idea.

Instruction manual

1

One of the most popular business areas is trade. For one million, you can rent a small store or mini-market, obtain the necessary permits and licenses, and purchase goods. Food sales, on the one hand, are more profitable than non-food items. On the other hand, it’s more troublesome: increased attention from the SES, separate licensing of certain categories of goods (tobacco, alcohol), spoiling and drying out of products for natural reasons. In addition, there is intense competition from large food supermarkets. Trading in non-food products is relatively less complicated, but the chance of bankruptcy is higher.

2

One of the promising trading options is the opening of an online store. One million is enough to immediately launch a serious business, or to buy a ready-made one. This option is advantageous in that there are no expenses for renting premises and salaries for sellers. But you will need to pay for the services of specialized firms that create and promote sites.

3

For a million, you can organize a small production of semi-finished products, food, building materials. Products that will be produced should be in demand on the market so that there are no problems with customers. But competition in manufacturing should not be too intense. The advantage of this line of business is the ease in obtaining various types of state guarantees, subsidies and benefits.

4

Another popular area is the provision of services. For 1, 000, 000, you can open a car repair shop, car wash, hairdresser or massage parlor, a company for organizing holidays, a dining room or cafe, a team for apartment renovation and the construction of country houses - all that is enough for imagination.

5

For those who want to work alone, but do not have professional knowledge in any field, buying a commercial car can be a good option. A million is enough for a medium-tonnage truck, for a minibus or taxi. Very often, drivers taking their first truck on credit can afford to hire a driver or buy another car within a few years.

6

For those who do not want to spend too much time on business, it is recommended to invest a million in securities, in real estate or in someone else's business. Investing in securities, it’s worthwhile to really imagine what kind of financial instrument it is, not to chase superprofits, rationally distribute money between reliable and profitable assets. Investments in real estate are possible in regions where for a million you can buy an apartment at the construction stage, and then resell it profitably, or receive income from renting it out.