Monday, March 4, 2019

small business ideas

small business ideas


4 small and profitable business ideas in India: to start with minimal investment - YourStory.com

Posted: 04 Mar 2019 06:28 AM PST

The chase for arranging funds has been the most despicable aspect of any business entrepreneur's existence from times of yore. Many aspirants abandon their dream to assemble, make, and improve and easily succumb to the poor situation without understanding that a good business thought will eventually pool in the abundance once it has secured a strong place in the global market.

Your business idea will present to you your organization, your organization will bring the general people to you, and the general people will present to you a prominent name in the market as renowned business consultants among so many faces. Furthermore, as we all know, a smart thought has no fiscal esteem, only a ton of blasting potential. Today, the world's best business person like Bill Gates, Mark Zuckerberg, and Elon Musk may hold the possibility of building pyramids out of notes; however, none of them began at the highest point of the ladder obviously. Facebook was made out of a Harvard dormitory at the least little expense and Microsoft was formed two years after Gates decided to discontinue school.

The reason to stress on these striking innovative stories is just because that they give a vital lesson to every one of those like to embark on a similar journey– that a single innovative idea is the most essential step to make an innovative business. Sometimes it happens, if you really plan it out on a brilliant strategy, this idea can emerge in some renowned company, built within minimal investment while getting you the most elevated returns.

Here some of those ideas are penned down:

1. Travel agency :

The travel industry in India has seen a blast in the previous decade. Keeping to individuals' changing habits and their longing for a definitive 'wanderlust', the time is ready for hopeful business entrepreneurs to put their hard earning where the map goes. The most cost-effective measure to open up a locally established travel agency is by tying up with a host organization. Thus, you will get the advantages of pace (helping you get your ARC, CLIA, or IATA number quicker), comfort (they play out all the 'back-end jobs'), and help you to earn higher commissions and minimize your expenses. While the rates contrast as per the host offices, your principle costs that will fall in less than Rs 10,000.

2. Breakfast joint :

You must have noticed how those little breakfast and tea stores over your city are almost loaded up with customers. This is just because that food as a ware will always do well in the recent cut-throat market. To open up your own breakfast joint, you have to invest money in leasing space for it, after getting a legal license for it from the individual authorities. If the rent amount is less than Rs 5000 per month, you can commit whatever remains of your financial plan on purchasing basic needs and other raw materials like second-hand tables and seats.

3. Online confectionary :

While names like 'Ovenfresh' have taken long periods of diligent work, enlistment, and fund to achieve where they are today, it just demonstrates that the market is ready for online food service particularly in the domain of baked items.

·  Blogging

This is possibly one of the most creative fields to tap into in recent digitalized age. Proficient blogging requires just a minimum start-up expense. You just need to put resources on purchasing a domain name and hosting space – at the initial stage – which in its 'boundless' limit costs less than Rs 4000. To promote your web journals and blogs through the correct channels, the cost-free and unlimited expanse of the Web World is all you need.

Each of these business ideas certainly has its fair share of risk factors! It will be advisory to consultant some business consultants to be aware of the potential challenges in your niche. It completely depends on you and how you will take the less traveled path and make the difference.

Small business ideas for Mumbai: Opportunity with minimal investment - YourStory.com

Posted: 21 Feb 2019 12:00 AM PST

Mumbai, considered as the second fastest growing market in Asia is always special to the people to want to explore their small business venture. It has become the heart of the city as it is the most populous among all metro cities. Not only is the largest city by population but it also the financial and commercial capital of India as well. You can get many ideas for starting up a new venture in the city, here some ideas are opened up to select from.

Image Source : https://moneyexcel.com

The huge population and so much financial activities mean more business opportunities. All you need to have a good list of business ideas and sort out the better idea to suit your skills and opportunity. Here, we are going to list up some best small business ideas that you can start with minimal investment in Mumbai:

1. Recruitment Firm:

There is always a bright opportunity in this big city with so many aspiring people looking for the job or heading to change job. Starting a small business would need very little investment but a good amount of effort.

2. Real Estate Consultant:

With a growing population, the demand on real estate properties in on the severe rise in Mumbai too. Starting a real estate consulting business could be a good option. Charging a low commission on this property value that is finalized with the clients can ever earn a good income.

3. Grocery Delivery Service:

This is one of the most innovative small business ventures to start in a small but posh location in Mumbai like to deliver the grocery items to the doorstep of the consumer with some additional charge. This could be a great idea to start alone, but if you already own a grocery shop, this can double your sale in both the ways.

4. Old book bank:

Opening used book bank is a good idea as most of the student love to save their money on books so they check for used books as well.

5. Blogging:

Starting your own blog page on anything that interests you most is not just a subject of a hobby but a lucrative business opportunity too. This small business idea would cost you low investment or you can also create a website or blog for free. However, you need to spend time every day of so many hours in a week to become successful blogger.

 6. Event Management:

Event management is one of the most popular and growing business in recent days especially in cities like Chennai, Mumbai, Kolkata where the sped up life has made it quite essential to hire a dedicated team for organizing and managing a gorgeous event like birthdays, wedding, corporate events and other as well. If you have good networking and you can easily move things like you can organize a successful event, then you could definitely be a successful event organizer in this small venture.

7. Online Trading :

Have you ever tried your skill to operate the online business? If not yet, you must explore the idea of selling online using already existing e-commerce platforms like OLX and others.

8. Become a Trainer:

This one idea is one of the excellent small business ideas for all those who are expert in any kind of skill. If you can cook well, start a cooking class, if you are good at painting, start a painting class, you can be dancer/photographer/Fitness expert/life coach or just anything, market your skill and ear good.

Opportunities do not end here; these are just some ideas that could help you to fin in your thoughts to start something new. To know about more feasible business opportunities you may get in touch with some reliable Business consultants in Mumbai.

1 comment:

  1. Thanks for the useful information, give more updates like First time I visit your channel really nice, here after a daily visit.
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