Do you want to start your own new business? Start it now. Do
not get confused over the thought of what business or industry sector shall be
chosen. Every business has its pros and cons, its just about best business
ideas to make money. It is just about which business you have the passion and
zeal to crack it. Your skill set also matters a lot in achieving the target.
You should be confident enough to implement the skills you possess and manage
to overcome the upcoming challenges. Further, let’s discuss some small business
ideas for you to pick that matches your skill set.
1. Breakfast Joint/Take-away
Food being one of the three basic necessities of life makes
a top choice for people to indulge and open-up business in F&B (Food and
Beverage) Industry. This is why as a small scale business idea, food joints
will never run out of customers, as long they serve delectable food. Of course
a start-up business does not need to be a full-fledged restaurant from the
start. One can start with only a few key dishes such as a wholesome traditional
breakfast with optional snacks as an add-on.
2. Juice Points/Shakes Counters
As more and more Indians grow health conscious, fresh juices
without preservatives are emerging as a popular healthy alternative to cold
drinks. This is why the humble juice bar has made into this small business
ideas list for India as a top option for a potentially successful venture.
While one is at it, diversification into related drinks especially (perhaps
less healthy) summer drinks like lemonade, buttermilk and lassi might also work
out well for this small business. Of course one can decide to go the whole hog
and get started with a fully loaded food truck instead. As long as the
food/drinks provided are of high quality and all the requisite permits are in
order, ensuring success of this business idea should not be too hard.
3. Tailoring/Embroidery
As far as successful business ideas go, this one is based on
another basic requirement of life – clothing, so the size of market includes
well, everyone. As a start-up business, tailoring and embroidery have been
around for decades and most are usually home-based businesses that receive and
complete orders on behalf of small boutiques. But being a tried and tested idea
does improve its chances of emerging as a successful future business especially
in larger cities where tailoring services are in high demand. Obviously one needs
to undergo the requisite training and ideally should have sufficient experience
in order to improve the chances of succeeding in this small scale business
venture.
4. Online Businesses
Small business ideas have the potential to grow into huge
businesses over time and the emergence of Internet along with related
technologies can definitely help out. It is proven that small businesses with
an online footprint tend to do better than those that do not have an online
footprint. So amazingly, this start up business idea is focused on providing a
range of online services to various small and medium businesses. This is the
reason why social media experts, bloggers, website designers and developers are
in high demand these days. Such businesses require only basic computer systems,
software and high speed internet connection to set up but they do require the
entrepreneur to be skillful at what they do. Related businesses that can be
successfully operated online include ghostwriting, freelancing and online
translation services.
5. Blogging
If one has to pick a single money making idea from a list of
internet based small businesses from home, blogging, v-logging (video blogging)
have the potential to be money spinners. As long as it is interesting, it does
not matter what one writes or makes a video about. Even many top rated
performance artists, including stand-up comedians have considered this as a
potential way to expand their reach. The goal is of course to maximize the
number of views or readers of the vlog or blog through creation of interesting
content. In case of certain vlog platforms one gets paid based on the number of
views while in case of most blogs adverting revenues generated through Google
Adsense help the business make money.
6. Cookery Classes
In case a skilful professional cook does not fancy the idea
of slogging it out at a restaurant or food truck business, there is an
alternative – cookery classes. This is a unique trend that’s catching on among
urban families in India as something that couples do together and create
something that’s delicious yet healthy. What’s more, it is even possible to
carry out these classes both in person and online or one could make a vlog
teaching others the intricacies of culinary skills. The scope to expand and
monetize from potential market segments that one might not be able to reach
otherwise increases manifold by taking advantage of the online route.
7. Daycare Services
In India, the concept of crèches in the office for working
mothers is yet to catch on and as more women enter into and stay on in the
workforce even after marriage, it is obvious that the demand for daycare
services will continue to rise in the near future. As a start-up business,
daycare services and crèches have been around for years, if not decades especially
in the larger cities that have a larger number of working women and nuclear
families.
8. Dance Centre
If you are a good dancer or choreographer, you can easily
start your own dance centre by taking space on rent. Marketing of your dance
academy is the only investment required. If you do not dance well, still you
can run a dance centre by hiring dance teachers.
9. Photography
Sometimes your hobby can make you earn money, you just need
to spend some extra time on your hobby to make it a profession and further into
a business. Photography is one of those hobbies turned profession. Better the
camera will be, enriched the pictures it will capture. Rest all is your
precision and skill of taking pictures that will make you a good photographer.
10. Yoga instructor
Knowledge of Yoga and habit of self-practicing all the ‘Yoga
Asanas’ makes a good yoga instructor. Yoga is considered to be above all stress
buster practices and have proven results worldwide. Yoga instructors are in
high demand in India, as well as abroad. Zero investment is required in doing
this business.
11. Wedding Bureau
Weddings are made in heaven but arranged down here. Besides
marriage online portals, wedding bureaus are more prevalent in small cities and
towns. Families consider meeting other families in person before coming up to
any decision. Therefore, with small office space, 1-2 staff members,
registration certificate and contacts can make you a successful businessman.
12. Travel Agency
Couple of certifications and attractive office at prime
location can help you start and run a travel agency. Successful travel agent is
one who can make others travel at ease and convenience. Good knowledge of
worldwide itineraries, flight fares and hotel rates can be helpful in initial
stages.
13. Salon
Opening a salon is
the most trending business option in metro cities. Youth of young India is more
cautious of looking presentable and groomed. Therefore, almost every salon has
decent customers irrespective of location. Salon owners make huge profits during
festive or marriage seasons, especially in metro cities.
14. Real Estate Agent
If you are a good seller with strong convincing power, then
this business can turn your financial condition for good. Office space is the
only investment required with good knowledge of types of properties and
documentation processes. Honest public relations and impressive communication
will help you become a successful real estate agent.
15. Placement Services
HR is the integral and important vertical in an organization
and good recruitment makes a company grow and grow further. So to have tie-ups
with reputed organization and placing good employees with them makes it a low
cost placement business.
16. Ice cream Parlour
Despite being a seasonal business, still ice cream parlour
is a big hit in terms of small businesses. Investment required in doing this
manufacturing business is buying the franchise of any specific ice cream brand
and secondly having a shop to place the counter in desired location.
17. Handicrafts Seller
Government of India has started promoting the sale of
handicraft products in numerous states. Steps are been taken to make handicraft
products reach every home in India. Some of these products include metal ware,
paintings, shawls, carpets, wood ware, earthenware, embroidered goods, and
bronze and marble sculptures, etc.
18. Coaching Classes
Education is a field of diversity and a good low-cost
business idea. Financial break-even is easily achieved and it’s not a full-time
business.
19. Consultancy
Almost every sector requires consultants to assist in its
development and growth. People with decent knowledge of IT, finance, marketing,
HR, accounts, law, healthcare, social media, etc. can open their own
consultancy company and tie-up with big corporates to make good money.
20. Boutique Store
One of the traditional small scale businesses of the nation.
Women who like stitching clothes and are updated with the latest fashion trends
can run a boutique store anywhere. Boutique store
can be managed from home itself and the only investment required is the sewing
machine with apparel to sell.
21. Catering
Catering business requires investment in just hiring labour, buying raw
material, and owning tents, tables, chairs and utensils. The rest depends on
your contacts, marketing techniques and quality of the food being prepared and
served.
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