Business Idea: This business concept is accessible to all individuals, regardless of gender, age, or professional background. Whether you are a young entrepreneur, an established businessperson, or someone looking to transition into a new venture, this opportunity is for you. You can potentially earn Rs 90,000 monthly by renting out a 1BHK space located near the market in your city.
Conference Room Rental service
In today’s business environment, meetings are no longer conducted at home dining tables. Regardless of the size of the team, meetings require a professional setting. Large corporations typically have the resources to maintain dedicated meeting rooms and conference facilities, while small business owners often lack such amenities. This presents an opportunity for you to establish a Conference Room Rental service by creating conference spaces tailored for their needs.
How much profit will you make
These rooms can also serve college students and those preparing for competitive exams, providing a quiet, soundproof environment conducive to studying. This setup allows you to earn income while pursuing your education, enabling you to accumulate savings by the time you complete your studies. Conference rooms and similar facilities are typically rented on an hourly basis, and you can set the rental price based on your local market conditions. For instance, we estimate an ideal rate of Rs 1,000 per hour.
If the conference room is booked for just four hours a day, you could easily achieve a monthly income of Rs 90,000 after covering all expenses.