Wondering what business to start with 100 million VND?

Those who are currently in business understand the significance of capital. They invest everything they have, seek funding, and mobilize resources from external sources, but not everyone succeeds.

Wondering what business to start with 100 million VND?

Typically, when in need of funds for business, most people think of sourcing money from banks. However, to kickstart your business, you'll need a comprehensive plan that clearly defines your vision: What product/service do you want to offer? How will you make money and grow? What are the risks and uncertainties? This will be the roadmap for your enterprise. If you have only 100 million VND, you can explore the business ideas that Codon shares below:

1. Design and create your own products and sell them online

If you have talent, passion, and creativity, such as making jewelry, accessories, knitting, creating dried flowers, or producing simple cosmetics (lipstick, dry soap, etc.), why not turn your hobby into a business opportunity? Of course, to succeed, you need to elevate your product to a new level, at least in terms of design, and then sell it online.

These 'handmade' products require minimal capital, only involving essential materials at a reasonable cost. You can start by:
+ Building a business plan.
+ Creating products.
+ Taking high-quality, well-lit product photos.
+ Establishing a simple, neat website and a Facebook fan page, posting product photos with descriptions.
+ Joining e-commerce platforms like Shopee, Sendo, etc.

To reach potential customers, you can implement both direct and online marketing strategies. For example, advertise on Facebook, Instagram, participate in fairs or trade shows to self-promote the products. Additionally, the CóĐơn Facebook business management software will assist you in order management, shipping, customer care (responding to messages, automated comments, etc.), thereby increasing interaction and expanding the customer base.

2. Laundry service

In urban environments, laundry services are extremely popular and business operations are consistently good, even with continuous openings of new stores. The reason for this growth is that people have busy jobs or living conditions without washing machines. Additionally, the unpredictable weather conditions in Vietnam, with frequent rain or high humidity, keep laundry businesses bustling.

To venture into this business model, consider renting a space (not necessarily large, even combining with selling other products), equipping with washing and drying machines, detergent, fabric softener, and an iron. Operational costs include electricity and water for machine operation.

3. Homemade Clean Food Business

With a capital of 100 million VND, you can start a business in the food industry. Many people are too busy with work to prepare meals, and they don't want to compromise on hygiene with outside food.

So, you can sell homemade clean food, as simple as Vietnamese sausage, braised fish, etc., or full meals with a homemade touch, emphasizing clean, high-quality ingredients, delicious flavors, and ensuring food safety.

You can sell food directly on your personal Facebook or through apps like GrabFood, Now, etc. While the market may not be extensive, offering health-conscious food services will undoubtedly bring you loyal customers.

4. Pet Care Service

If you love pets, this might be a small-capital business for you. For families with pets, sometimes they can't take them everywhere (due to work schedules, going home, traveling, etc.), and they need a place to leave their pets for the weekend or a few days.

In the initial phase, you can operate this model on a small scale. You can hire or contract with more staff as the business grows. What you need is a spacious, clean area, pet food (various types - or pet owners will bring their own), and toys (balls, cat trees, etc.).

5. Nail Salon Service

Currently, nail services are thriving in both urban and rural areas. However, if you want to start your own business, you'll need to invest in training or hire skilled technicians. Setting up a nail salon isn't too expensive; the main costs are for the location and labor. Nevertheless, profitable nail salons with good services often have high and stable returns.

6. Start a YouTube Channel

Starting a YouTube channel can be an option for many young individuals with limited capital. You can create tutorial videos, such as DIY crafts, cooking, gaming guides, or share tips on skincare, haircare, or even simple mukbang (letting viewers watch you eat various types of food).

If your channel becomes popular and has many subscribers, you can start earning money online through it. The key to investing in developing a YouTube channel is to have a high-quality camera and a microphone for good audio quality.

For success, your content must be interesting and address issues that many people care about. You also need to showcase your style (cute, humorous, lively, cheerful, reliable). Additionally, when growing your channel, regularly upload new content, avoid profanity, violence, and explicit material.

These are potential business ventures you can consider with 100 million VND. If you have a larger sum, around 1 billion VND, you can explore business ideas further. Check out the article 'What to Do with 1 Billion VND' for more information.