Having money for investment in business has its importance yet your ability and the knowledge of demography where you want to start your small business does matter. You have to check the available resources at the place of investment and their promotion norms to small scale entrepreneurs. First get registered with the Industrial Development Corporation/commissioner to start a business of your choice. Remember business is not an easy commodity that can be marketed elsewhere with a brief case containing your Cheque books.
First identify your taste and the business that suits you. Try to explore the resources available in the region. Getting manpower and engaging them in a full time job needs an extra care under the Labour act and you have to follow all the provisions. Based on the capabilities, you can go for establishing a Rice mill, Cloth manufacturing unit, Jute processing unit and a small oil mill where you can slowly establish yourself. For starting a food business or a restaurant, you need not be a chef but should have the capability of engaging proper manpower on the job.
Just I want to give a simple example of one of the richest persons in India whose brother's son is my classmate. He is none other than GMR Group Chairman G Mallikharjuna Rao, a living legend can be a classic example in this case. He started a small unit of a Jute Mill in a small town Rajam in Srikakulam Dist. of Andhra Pradesh in early Eighties. Now he raised to the level of constructing the Air Ports at Hyderabad, Delhi, Bangalore and Kaulalampur. He is not an Aeronautical Engineer but raised to that extant. So, that is business and you should make up your mind what to do and should know when to extend to other areas.