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Table of Content
A small grocery store
A Paan (Betel leaf) Shop
Readymade Garment Shop
Small tea Stall
Two wheeler repairing7
Mobile Phone Repairing Shop
Small Coffee Shop
Home Food Tiffin Services
Blogging
Network Marketing
Creche (Baby care) business
Mobile Mechanics (Garage) business
Aquariums & fish business
Nursery / Gardening business
Jam & Jelly business
Candle making business
Bakery Shop Business
Ethnic Food Store Business
Medical Sample Collection Business
Antique furniture restoration Business
CCTV & surveillance Business
Party Services Business
Address Verification Service Business
Religious Items Business
Walking Tours Business
Soybean Products Business
Stationery Shop Business
Glamour Photography Business
Computerized Horoscopes Business
Corporate gifts Business
Home made chocolates Business
Name Plates Shop Business
Handicraft Business
Papad Business
Disposable items business
Ice cream parlor business
Juice corner outside Parks
Dance class services
Packers & movers businesses
Cartridge refill service business
Real estate business
Drone photography & videography business
1. A small grocery store
Photo by Alin Andersen on Unsplash
A grocery store is good business for both male or female. Opening a small grocery store could be proved a very good employment generation tool in countries like India. It could be opened in even a small shop of 5 x 5 square feet. The profit margins are very good in this business.
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (2.5 – 5) |
High |
Key Resources
- Shop (owned/rental),
- Furnitures (Racks, counters, signboard)
- Product / items to sell
Margins
- Regular fmcg items – 10%
- Most other goods – 20%
- Grocery items like rice, pulses, sugar, atta etc have 20+% margin
- Packed spices – 40%
- Slow moving items like toothbrush – 300-500%
Key Steps to open a grocery store
- Identify shop location (existing shops/ competitors study)
- Get shop interior and counters ready
- Locate wholesalers for grocery items
- Define legal structure of business (entrepreneurship/firm/ Pvt. company/ Ltd. company)
- Launch your shop
Key Success Factors
- Identify Shop location
- Identify wholesale vendors for product sourcing
- Maintaining customer relationship
2. A Paan (Betel leaf) Shop
Paan shop (betel leaf) is a very high margin business with small investment. In India paan is considered very auspicious and it has many health benefits. In rural and tear C and D cities it can be a very good business for unemployed youths. It can be opened with small shop or (Gumti) of size of 4 ft. x 5 ft. Entrepreneur should identify crowded locations like railway stations, central market etc. for the shop. Location & skill set can play key role in this regard.
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (1.0 – 2.5) |
Medium |
Key Resources
- Shop (owned/rental)
- Furnitures
- Paan leafs & related items to sell
- Skill set to make paan
Margins
- 30% – 50%
Key Steps to open a Paan Shop
- Identify shop location (existing shops/ competitors study)
- Get shop interior and counters ready
- Locate paan and its igredient wholesalers
- Register you shop
- Launch your shop
Key Success Factors
- Identify Shop location
- Paan making skills
- Identify wholesale vendors for product sourcing
- Maintaining customer relationship
3. Readymade Garment Shop
Readymade garment business is evergreen business because we all need clothes to wear and whatever the fashion may come, clothes will remain in existence. The main market for readymade garments in India are Surat, Mumbai, Ahmedabad, Ludhiana (akalgarh market, gandhi nagar market, AC market etc.), Delhi (gandhi nagar, tank Road, etc.), Bangalore, Indore, Jaipur, Tirupur, Erode, Salem and Chennai. You have options either to do trading or open a retail garment store or one can start fabrication business as well.
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Medium (5.0 – 10 ) |
High |
Key Resources
- Shop (owned/rental)
- Furnitures
- Ready made garments to sell
Margins
- 30% – 60%
Key Steps to open a Garment shop
- Identify shop location (existing shops/ competitors study)
- Define categories (Male / Female / Children/ All)
- Get shop interior and counters ready
- Visit wholesale market of readymade garments
- Define legal structure of business (entrepreneurship/firm/ Pvt. company)
- Launch your shop
Key Success Factors
- Readymade garment sourcing
- Credit period
- Shop location
- Customer relationship
- Defining and choosing one category
4. Small tea Stall
Photo by Sonaal Bangera on Unsplash
Selling tea in small towns and rural areas could be a good business opportunity for unemployed youth. This business can be started with very low investment however the profit margins are very high. Identifying the right location and having good tea making skill could be the key to success in this business.
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (1.0 – 5.0) |
Medium |
Key Resources
- Shop (owned/rental)
- Tea making ingredients
- Kettles
- Tea making pan
- Tea cups
- Chairs & tables
- Gas stove etc.
Margins
- 30% – 60%
Key Steps to open Tea Stall
- Identify high crowded place for shop
- Study (existing shops/ competitors )
- Get shop furniture (chairs & tables, front counter)
- Identify tea ingredient wholesalers
- Do small marketing exercise
- Launch your shop
Key Success Factors
- Shop Location
- Quality of Tea
5. Two wheeler repairing
Two wheelers like scooters, mopeds and motor-cycles servicing & repairing have great potential. In India people with limited income, always go for repairing of two wheelers /vehicles. This provides a great market potential for two wheeler repair & service units. Two wheeler repairing shop can be opened with small investment and can provide good opportunity of employment.
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (1.0 – 5.0) |
Medium |
Key Resources
- Shop (owned/rental)
- Tools & equipments (T-Stem Cone Installer, T-Stem Cone Remover, Assy Collar Crank, Assy Shaft Crank, Centrifugal Clutch Spring Remover, Float Level Gauge, Fly Wheel Puller, Fly Wheel Puller, Wheel-Balancer etc.)
- Necessary skill set / certification
Margins
- 20% – 40%
Key Steps to open two wheeler repairing shop
- Identify right location
- Existing shops/ competitors study
- Define specific categories (Bike/scooter All)
- Buy necessary tools & equipments from right source
- Define legal structure of business (entrepreneurship/firm/ Pvt. company)
- Get necessary trade certificates
- Launch your shop
Key Success Factors
- Good repairing skill set
- Customer Service
6. Mobile Phone Repairing Shop
Photo by Blaz Erzetic on Unsplash
India mobile phone market has reached around Rs. 1,20, 200 in year 2019 -20 according to a report released by Enixta. Smartphones have reached in almost all houses in rural areas. Mobile phones have generated a huge business opportunity in the form of mobile phone repair shops, which can be opened with very low investment. One can easily learn mobile repairing with various vocational courses provided by government and other private institutions.
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (1.0 – 5.0) |
High |
Key Resources
- Shop (owned/rental)
- Tools & equipments (Oscilloscope, Multimeter, Amp-meter, Soldering Iron, Tools, Desoldering pump)
- Chair & Table
- Necessary skill/ Certifications
Margins
- 40% – 60%
Key Steps to open mobile repairing shop
- Identify right location (nearby electronic shops market)
- Existing shops/ competitors study
- Buy necessary tools & equipments from right source
- Define legal structure of business (entrepreneurship/firm/ Pvt. company)
- Launch your shop
Key Success Factors
- Good repairing skill
- Repairing Course Certificate
- Customer relationship
7. Small Coffee Shop
Photo by Nathan Dumlao on Unsplash
A small coffee shop is a trending business in tear A and B cities. Coffee shops are mainly used for meeting with people and relaxing after a hectic workload. Coffee shop major challenge is the higher rental shop in commercial places. Coffee shop different business model and indicative investment is as below;
- Mobile coffee shop – Rs. 3 to 6 lakh
- Coffee shop with seating – Rs. 5 – 25 lakh
- Coffee kiosk – Rs. 5 – 10 lakh
One can also look for franchisee options provided by existing brands or they can open their own coffee shop.
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (3 – 25) |
High |
Key Resources
- Shop (owned/rent)
- Commercial Burr Grinder
- Commercial Sandwitch grill
- Blender, head espresso machine and crockery etc.
- Furniture & Fixtures
- Coffee ingredients and other products
- Licenses
- Staff
Margins
- 20% – 35%
Key Steps to open Coffee shop
- Business entity legal structure (Proprietorship, Firm, Pvt. Ltd., Public Ltd.)
- Identify shop location on rent
- Required trade license from state municipality if required
- Pan card, GST, and current account
Obtain license from FSSAI, Health Department License and fire safety license etc. - Plan and execute interiors, furnishing, kitchen utensils and gadgets, crockeries and cutleries
- Hire cook and support staff
- Make pre launch marketing
- Distribute pamphlets
- Procure raw materials & consumables
- Launch Cafe
Key Success Factors
- Location
- Ambience
- Customer service
- Quality of products
- Price
8. Home Food Tiffin Services
Photo by Barun Ghosh on Unsplash
Home food Tiffin Business is a very good business for parents sitting home. Increasing working population in the cities who always look for every possible way which will save their money. In such cases, for lunch and dinner, they find tiffin service as the most convenient way. Initial target area for this business should be defined clearly. It is always advisable to start your business with a focus on a limited area.
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (3 – 10) |
High |
Key Resources
- Kitchen place
- Food ingredients
- Tiffin boxes
- Utensils & Gas stove
- Cheff, Labour
- Scooter/ Bicycle
Margins
- 20% – 35%
Key Steps to open Home cooked tiffin business
- Study the local market & competitors
- Locate kitchen for food preparation
- Buy utensils & good Tiffin boxes
- Hire chef & labours
- Pamphlets marketing
- Tiffin Food delivery
Key Success Factors
- Provide healthy & Nutritious food and keep on updating your menu
- Regular feedback from customers
- Special menu on festivals and holidays
- Spread awareness
- Mobile friendly ordering system
- Providing various payment options to customers
9. Blogging
Photo by Corinne Kutz on Unsplash
Blogging is one of the most emerging businesses in India. According to IMRB reports India shall touch around 627 million internet users in 2019. If you have a writing hobby or you have interest on any nich topic or you have good knowledge of SEO in that case this business is for you. You can earn passive income while you are sleeping. The initial investment in this business is very nominal while profit potential is very high;
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Online |
Low (1 – 4) |
High |
Key Resources
- Domain
- Hosting
- Website
- Content resources
- SEO
Margins
- 40% – 80%
Key Steps to start blogging business
- Identify niche segment to target
- Buy relevant domain name & hosting
- Develop website
- SEO promotion of website
- Regular relevant content updation
Key Success Factors
- Identifying niche
- Quality content
- SEO
10. Network Marketing
Photo by Unsplash
Many of us might have encountered sometime in our life with network marketing people and generally we presume that it is not a good business. But network marketing has a very good profit potential if we do it in the right manner. If you love to meet people, if you have good convincing power and if you have a good network of people definitely this business is for you. Network marketing provides a very good opportunity for earning passive income after putting in your hard work in the initial years of business;
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (1 – 2) |
High |
Key Resources
- Networking skill
- Sales skill
Margins
- 25% – 40%
Key Steps to start blogging business
- Decide why do you want to enter into network marketing
- Define your goals
- Participate in training offered by networking company
- Attend their Seminars
- Make executable plans
- Review your actions
Key Success Factors
- People Networking
- Sales
11. Creche (Baby care) business
Photo by Camila Franco on Unsplash
In urban areas most of the working parents are looking for a good Creche (baby care) service provider who could take care of their children when they are at work. This business has a very high growth potential. According to national resource center for health and safety for child care and early education every home child care has to go with some inspection and is licensed only if it provides its services for more than a few children
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (3 – 6) |
High |
Key Resources
- Toys, Beds
- Baby cloths
- Games
- Music Players
- Chairs
- Tables
Margins
- 25% – 40%
Key Steps to start baby care business
- Choose the legal structure and business name
- Purchase assets
- Get the interior done
- Pre startup marketing
- Launch the day care
- Parents regular feedback
Key Success Factors
- Engage parents with some home activities
- Grooming of children
12. Mobile Mechanics (Garage) business
Photo by Pixabay
In a mobile mechanics (Garage) business is attractive for car owners because it provides the car repair business right at the car breakdown place. It also prove money saving for car owner because now they don’t have to pay for car towing. Car owners can also save their time which they used to spend on the car maintenance. To start this business one should buy a second hand car and modify it into Mobile garage to provide the services;
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (2 – 5) |
High |
Key Resources
- Repairing skills/ certificates
- Shop (owned/rental)
- Tools & equipments
- Bike/ Car (second hand)
Margins
- 25% – 40%
Key Steps to start a mobile mechanics (Garage) business
- Obtain excellent repairing skill / certificate
- Buy one Bike / Car (preferably second hand)
- Buy Tools & Equipments
- Target corporates / Govt. institutions
- Distribute pamphlets
- Have some online presence
- Launch service
Key Success Factors
- Target corporations and institutions
13. Aquariums & fish business
Photo by Pixabay
We all, especially children love to have small aquarium in our house. If you have a love for fish you can start aquarium business. It is very profitable and growing business. To start this business you should have skills and knowledge about the type of aquarium fish, their feeding habits, behaviors, etc. Innovative aquarium ideas and providing related services in best manner are the key to get success in this business;
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline / Online |
Medium (5 – 10) |
High |
Key Resources
- Shop
- Tanks with hoods, Stands, Fish food, Heaters, Nets, Water treatment systems, Oxygen provider, Tank scrubbers for algae removal, The test kit for nitrate, pH, and ammonia
- Siphon, Refrigeration or freezer for perishable fish food, Ornamentation material for the tank bottoms (gravel, or substrate), Tropical fish care books
- Furnitures
Margins
- 25% – 40%
Key Steps to start an aquarium & fish business
- Legal structure of business
- Shop Location
- Identify wholesalers
- Buy inventory and assets,
- Pre startup marketing,
- Launch aquarium
Key Success Factors
- Marketing and promotions
- Providing related services like fish aquarium cleaning & maintenance services
14. Nursery / Gardening business
Photo by Markus Spiske on Unsplash
Do you have a passion for plantation you should enter into Nursery / Gardening business. You could grow the plants in nursery and pack then in beautiful manner to sell them either on shop or online store. Plants are now being given as a gift in the society. You could also sell these small plants for growing purpose- Pack the woody plants in pots for people who wish to grow them at home;
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline / Online |
Medium (5 – 10) |
High |
Key Resources
- Plant seeds
- Nursery Land
- Greenhouse equipment
- Planting tools
- Motor & water pump facility
- Pesticides & fertilizers etc.
Margins
- 30% – 50%
Key Steps to start a nursery / gardening business
- Legal structure of business
- Type of nursery based on market & financial viability
- Decide on greenhouse or create a display area
- Identify suppliers for seed
- Irrigation based on the type of nursery need
- Marketing
- Launch nursery / gardening business
Key Success Factors
- Good quality plants
- Sales channel
- Nursery services
15. Jam & Jelly business
Photo by Meruyert Gonullu
Jam & Jelly business is a very lucrative food processing business. The process of making jam & jelly are almost similar. Training to make jam and jelly should be taken properly before starting the business. A small level business can be started with a small room of 250 sq. ft.. However if you want to do it at large scale a bigger space is required. To start the business FSSAI license is necessary.;
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Medium (5 – 10) |
High |
Key Resources
- Factory area of around 250 Sq. Ft.
- Machinery & equipments (Pulper Machine, Slicing Machine, Juice Extractor, Steam Jacketed Kettle, Mixer/Grinder, Bottle Washing and Filling Machine, Baby Boiler, Cap Sealing Machine, Stirrers, SS Utensils, Burner, Weighing Scales, Hand Gloves, Miscellaneous Tools and Equipment, Testing Equipment)
- Furnitures
- Raw materials
Margins
- 25% – 40%
Key Steps to start a jam & jelly business
- Prepare a brief business plan
- Define production capacity and where you shall be selling that capacity
- Know the investment required & their sources
- Register legal entity of company
- Get required licenses (FSSAI license,
- Register as SSI Unit (Small Scale and ancillary units). The products need to comply with FPO and PFA Act.)
- Setup production unit
- Get the production machinery & tools
- Start production process (Washing, peeling and slicing of fruits, Boiling, Mixing of sugar with pulp, Cooling, Packing)
- Customer feedback
Key Success Factors
- Developing your own USP is key because you have to face many existing local competitors apart from market leaders brand like Kissan etc.
- Good quality product,
- Know the credit terms of market
16. Candle making business
Photo by Zenia
Candle making business can be started with low investment. Business should be started at a small scale and later on it can be scaled. Traditionally candles demand was for religious purposes but now demand for aromatic and decorative candles has taken pace. Rural electrification has impacted the sale of candles but now innovative ideas on candle manufacturing has made the business very viable.
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (1 – 5) |
Medium |
Key Resources
- Candle making machine
- Raw materials (Oils, wax, luster spray)
- Brush, moulds and dyes, measuring tools
- Packing materials, decorative items
- Containers other supplies
Margins
- 25% – 40%
Key Steps to start a candle making business
- Identify manufacturing location
- Legal entity of company
- Buy machinery & tools
- Buy raw materials
- Production of candles
- Marketing
- Launch business
Key Success Factors
- Innovative product ideas
- Vast Product Catalog
- Product distribution knowledge
17. Bakery Shop Business
Photo by mohamed hassouna on Unsplash
Bakery shop business is an evergreen. If you are a good baker and have a passion for making bakeries and cakes you should jump into this business. The first step is to find a shop at good location on lease. Do a little field research on the target market & competitors. The key success factor in this business could be Creative product ideas and customer service with high quality products;
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (1 – 5) |
Medium |
Key Resources
- Kitchen equipments & tools
- Display furniture & counters
- Bakery chef
- Bakery raw materials
Margins
- 25% – 40%
Key Steps to start a bakery business
- Decide the business model (online / counter service / Speciality service / Sit down bakeries)
- Legal structure of business
- Identify bakery location
- Procure necessary equipments and raw materials
- Hire manpower
- Pre launch marketing
- Launch
Key Success Factors
- Location
- Innovative product ideas
- Customer service
- Product quality
- Price
- Marketing
18. Ethnic Food Store Business
Photo by Edgar Castrejon on Unsplash
India is a country of different cultures & religion. It is said that after every 50 KM of distance there is a change in language and food habits. This provides huge business opportunity for opening ethnic food store business. The key is to have good knowledge of the palates of various communities of India and how to source the products which has good shelf life
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline/ Offline |
Low (1 – 5) |
Medium |
Key Resources
- Shop (owned/rental)
- Furnitures
- Inventory of ethnic products
Margins
- 25% – 40%
Key Steps to start a ethnic food store business
- Identify shop location (existing shops/ competitors study)
- Define legal structure of business (entrepreneurship/firm/ Pvt. company/ Ltd. company)
- Get shop interior and counters ready
Identify ethnic foods to be sold - Source ethnic food from different regional suppliers
- Do a small pre launch marketing exercise
- Launch your shop
Key Success Factors
- Identify Shop location
- Identify wholesale vendors for ethnic products
- Maintaining customer relationship
19. Medical Sample Collection Business
Photo by Edward Jenner
We have seen that an old age patient at home or person with some disabilities may not visit the patlab or hospital on a regular basis. A medical sample collection business is an emerging business wherein you can start your own collection center with low investment or you can be associated with hospitals or big patlabs provide sample collection service to them;
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline/ Offline |
Low (3 – 6) |
High |
Key Resources
- Shop (owned/rental)
- Furnitures
- A refrigerator
- One centrifuge machine
- Phlebotomy chair
- Washroom
Margins
- 15% – 30%
Key Steps to start medical sample collection business
- Identify location
- Partner with pathlabs / hospitals
- Shop interior
- Buy assets & equipments
- Go through the training programme of partner
- Hire trained staff
- Local area marketing
- Launch collection center
Key Success Factors
- Customer service
- Local area marketing
20. Antique furniture restoration Business
Photo by Tima Miroshnichenko
Antique furniture is the symbol of status and people are looking for antique furniture restoration service providers. The key to success in this business is having skilled workers specialized in restoration of antique furniture and creating awareness at different online and offline platform about your business;
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline/ Offline |
Low (2 – 6) |
High |
Key Resources
- Shop (display)
- Skilled worker
- Restoring materials
- Online presence
Margins
- 25% – 50%
Key Steps to start Antique furniture restoration Business
- Shop location
- Get few showpieces
- Legal entity of business
- Procure restoration tools & materials
- Hire skilled manpower
- Online presence
- Local advertisement plan
- Launch store
Key Success Factors
- Customer service
- Local area marketing
21. CCTV & surveillance Business
Photo by Mads Thomsen
Urbanisation has brought many security related challenges in the society. Higher crime rates in urban areas has facilitated CCTV & surveillance business opportunity. It is a growing business but also rapidly changing business. Every day some new technology is emerging in the market. The key to succeed in this business is to be aware of the latest technology and evolving your business model based on technology shift in the market
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline/ Offline |
Medium (4 – 8) |
High |
Key Resources
- Shop
- CCTV installation tools & equipments
- CCTVs inventories
- Server (Storage) devices
- Skilled / certified, workers
Margins
- 25% – 35%
Key Steps to start surveillance Business
- Identify shop
- Online presence
- Legal entity of business
- Identify CCTV sourcing partners
- Online & Local marketing
- Launch store & service
Key Success Factors
- Innovative service offerings like free few months data backup services etc.,
- Customer support service
22. Party Services Business
Photo by cottonbro studio
The lifestyle of indian urban cities are changing very rapidly. Parties are now common term in middle class families. This has created huge demand for Party organisers and service providers. It is mainly capability / skill based business. The success of business totally depends on how innovative service ideas with minimum budget you can create
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline/ Offline |
Medium (4 – 8) |
High |
Key Resources
- Office space with small godown
- Party decorative products and materials
- Contact list of all related vendors
- Party ideas
Margins
- 30% – 45%
Key Steps to start party service Business
- Legal entity of business
- Office space
- Associate with all related vendors/ suppliers
- Develop some innovative event ideas
- Online presence
- Get some relevant certificate (if possible)
- Hire staff
- Procure party related products/ tools & materials
- Local advertisement plan
- Launch
Key Success Factors
- Any certificates ( International Special Events Society, Connected International Meeting Professionals Association)
- Fresh & innovative event design skill
- Customer feedbacks
23. Address Verification Service Business
Photo by Castorly Stock
Address verification services (AVS)works to verify that the address provided by one person is the same where he resides. Most of the credit card companies, banks and other institutions verify their customers. You can get associated with these banks and other institutions to provide them verification services. Private companies also do verification of their new joined employees in order to prevent frauds. AVS can be started with low investment and profit margins of the business are also good;
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (1 – 4) |
Medium |
Key Resources
- Bikes / Bicycles
- Hire staff
- Stationary
Margins
- 15% – 30%
Key Steps to start address verification service Business
- Legal entity of business
- Partner with corporates / govt. institutions / Pvt. companies to provide services
- Hire staff at local location
- Develop service offerings
- Online presence
- Local advertisement plan
- Launch
Key Success Factors
- Presence and service availability
- Customer service
24. Religious Items Business
Photo by Arun Gulla
India is a country of religions. Religious shops were earlier seen at the corner of the religious place like temple, mosque, church etc. Now we can see religious shops at prime locations. It is an evergreen high profit business. You should research about the religion strengths of your target market first in order to open the kind of religious items shop.
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (1 – 3) |
Medium |
Key Resources
- Shop
- Religious items inventory
- Display counters
Margins
- 15% – 30%
Key Steps to start religious item shop Business
- Identify location
- Local market survey to know the religious status of area
- Legal entity of business
- Identify local suppliers of related products
- Shop interiors & display furniture
- Local Pamphlet marketing
- Launch shop
Key Success Factors
- Location
- Customer service
25. Walking Tours Business
Photo by Kamaji Ogino
Tourism is a growing market in India. If you have a passion for travel and an extensive knowledge of your local area you could start your walking tour business. In walking tour business tourists are walked around the well known and lesser known tourist places in the area. One could do this type of business full time or part time based on his interest and time availability
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (1 – 5) |
Medium |
Key Resources
- Local place Knowledge
- Local contacts like music, food, history, sports etc.
Margins
- 15% – 40%
Key Steps to start walking tour business
- Legal structure of business
- Define service offerings
- Get online presence
- Networking with tours & travels companies, corporates and other institutions to offer services
- Start online marketing
- Launce service
Key Success Factors
- Passion and dedication,
- Innovative walking tours ideas
- Customers WOM
26. Soybean Products Business
Photo by cottonbro studio
Soybean products business is an emerging and rapidly growing business in India. Some of the Soybeans processed products are soy oil, soy chunks, soy sauce, soy flour, tofu etc. Soybean tofu is a very profitable and growing business in urban and semi urban areas. It can be started in a small area of around 200 Sq. Ft.
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Medium (5 – 10) |
Medium |
Key Resources
- Factory location (shop)
- Soya Machine for soya milk and paneer (Tofu)
- Equipment (grinder cooker, Manual Boiler, Filter, Press, Tofu Box, Tofu Press, Tools, Flushing Chamber,Deodorizer,Vacuum Packaging Machine,Freezer,Pouch Sealing Machine)
- Tables with AL
- Top Plastic Trays/Tubes and other misc. items.
- Water Storage TankOffice Furniture and Equipments
Margins
- 15% – 30%
Key Steps to start Soybean product business
- Selection of Site
- Legal entity of business
- Feasibility Report
- Registration With DIC
- Arrangement of Finance
- Construction of Factory Shed & Building
- Plant Erection and Electrification
- Recruitment of Manpower
- Arrangement of raw materials including packaging materials.
- Selection of marketing channel.
- Miscellaneous power and water connection, Pollution Control Board clearance etc.
Key Success Factors
- Passion and dedication
- Innovative walking tours ideas
- Customers WOM
27. Stationery Shop Business
Photo by LumenSoft Technologies on Unsplash
Even in the age of digital world, stationary shops will have a very decent chance to grow. People love to use pens and pencils. While starting a stationery shop business don’t get blown away with the different items and ideas to sell product. Think of a particular theme and stick to it while ordering your supplies like Art supplies, Craft supplies, Party supplies, school items supplies, card specialist etc.. You should start on small scale and expand once you gain your foothold
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (2 – 5) |
Medium |
Key Resources
- Shop (owned/rental)
- Furnitures
- Stationary items to sell
Margins
- 25% – 35%
Key Steps to start stationary shop business
- Identify shop location (existing shops/ competitors study)
- Get shop interior and counters ready
- Locate wholesalers for grocery items
- Define legal structure of business (entrepreneurship/firm/ Pvt. company/ Ltd. company)
- Launch your shop
Key Success Factors
- Identify Shop location
- Define particular shop theme instead of selling everything
- Identify wholesale vendors for product sourcing
- Maintaining customer relationship
28. Glamour Photography Business
Photo by Alexander Dummer on Unsplash
Do you have a passion for photography, this business idea is for you. You could start this business with fairly low budget and high return opportunity. It is purely capability or skill based business success of business depends on your photography skills. You can do this business from home as well with flexible timing. You could also explore capturing peoples’ special moments on film;
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (4 – 6) |
High |
Key Resources
- Cameras
- Lenses
- Photography equipments and items
- Photography skill
Margins
- 35% – 50%
Key Steps to start Glamour Photography business
- Legal entity of business
- Define unique category for photography
- Test the water on facebook or other platform
- Start small and move forward
- Networking with relevant category people like magazine, publishing houses, wedding planners etc.
- Online presence & advertisement
- Launch service
Key Success Factors
- Photography skill & passion for it
- Online presence
29. Computerized Horoscopes Business
Photo by Andrea Piacquadio
Information technology has transformed the horoscopes business in India. If you have any certification in palmistry or horoscopes you could start your digital horoscope business with little investment. There are various softwares available which provides horoscopes results. You could provide different related services to the customers like matchmaking, pundit services for marriages etc.
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline/ Online |
Low (2 – 4) |
Medium |
Key Resources
- Computer desktop/ laptop
- Softwares
- Printer
- Office / Shop
Margins
- 35% – 50%
Key Steps to start computerised horoscopes business
- Shop location
- Legal entity of business
- Shop interior and equipment setup
- Local marketing
- Launch business
Key Success Factors
- Knowledge of horoscopes
- Social networking
30. Corporate gifts Business
Photo by freestocks on Unsplash
In India corporate companies generally offer gifts to their employees on the festival occasions like Diwali, Holi, Christmas and Eid etc. in order to improve employee motivation and engagement. Generally these works are delegated to some admin staff or some HR staff who is not specialised in corporate gifting. If you have good sourcing knowledge of gift item and know how to make best gifts with minimum cost you could start you corporate gift solution providing company.
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline/ Online |
Low (2 – 4) |
Medium |
Key Resources
- Vendor list of gift items
- Packaging materials
Margins
- 15% – 30%
Key Steps to start corporate gifting business
- Legal entity of business
- Define innovative gifting solutions
- Product sourcing partners list
- Ensure On time delivery system
- Online marketing
- Launch
Key Success Factors
- Innovative Gifting Ideas
- Gift products sourcing strengths
31. Home made chocolates Business
Photo by Andres Ayrton
Chocolates are very popular in India. Presently chocolates are even used in festive seasons for gifting purpose. If you have a passion for making chocolates at home you could start your home made chocolates business. Initially you should start taking feedback about your chocolates products from your neighbours, friends and other family members. Once you are confident about your product you could start one online store and launch your business;
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline/ Online |
Low (2 – 4) |
Medium |
Key Resources
- Chocolate making equipments & tools
- Chocolate raw materials
- Packaging materials
- Online website
Margins
- 25% – 50%
Key Steps to start home made chocolate business
- Legal entity of business
- Define Products items
- Online presence
- Get the packaging materials
- Delivery partner association
- Presence on different online social networking platforms
- Online marketing
- Launch
Key Success Factors
- Innovative offerings for special occasions
- Product quality look & feel
- Online marketing
32. Name Plates Shop Business
Photo by Rebecca Lindskoog on Unsplash
You might have smiled once or felt proud after watching you names on name plate outside outside your home, office, building, Villas and bungalows. Presently different types of name plates are there in the market. Generally name plates can be placed on acrylic, brass, ceramic, glass, marble, steel, stone and wood.
The designs & use of latest trends define the success of the business. It can be started with low investment and can be scaled at large scale afterward. Profit margins in this business are very good;
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (2 – 4) |
Medium |
Key Resources
- Name plates base (acrylic, brass, ceramic, glass, marble, steel, stone and wood)
- Name plates materials
- Name plates designs
- Online website
Margins
- 25% – 50%
Key Steps to start name plate shop business
- Legal entity of business
- Define service offering
- Identify vendors to source materials
- Online presence
- Online marketing
- Launch
Key Success Factors
- Innovative tech enabled offerings
- Service quality
- Online marketing
33. Handicraft Business
Photo by Tamara Malaniy on Unsplash
Handicraft business is in vogue now in India. If you have some local specialities and could develop some handicrafts like Embroidery Garments, Door Garland, Bone & Horn Crafts, Enamel Handicrafts, Glass Handicrafts, Handmade Bags, Kalamkari, Bandhni, Bamboo Crafts, Baluchari Saree, Madhubani Painting, Paper Handicrafts etc. You can sell these products on different e-commerce websites like Fipkart, Craftsvilla, Urban Leather, Snapdeal, Pepperfry, Amazon etc.. Apart from this you can also develop your own nich website store to sell the products;
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline / Online |
Low (1 – 4) |
High |
Key Resources
- Identify the sourcing places
- Online presence
- Packaging materials
- Brand logo
Margins
- 25% – 50%
Key Steps to start handicraft business
- Legal entity of business
- Define products categories to sell
- Identify vendors to source products
- Online presence
- Digital marketing
- Launch
Key Success Factors
- Mixing fashion with craft to offer innovative products
- Customer service
- Online marketing
34. Papad Business
Papad making is a very attractive business for women entrepreneurs. This business can be started with investment of Rs. 50K only. One can start the business from home.There are different kinds of papad in the market like Urad Papad Rice Papad, Moong Papad, Methi Papad, Pudina Papad, Garlic papad, Poha Papad, Butter Milk Poha Papad, Shrimp Papad, Aloo Papad, Sabudana Papad etc. Papad making business can be started with manual process and later on if business grows we can shift to automatic integrated machinery for papad production
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline / Online |
Low (1 – 4) |
High |
Key Resources
- Dough making, papad making and dryer machines
- Utensils & other equipments
- Packaging materials
- Brand logo
Margins
- 25% – 50%
Key Steps to start papad making business
- Legal entity of business
- Setting up papad making manufacturing unit
- Buy equipments & machinery
- Raw material sourcing
- Online presence
- Partnering with distributors & other stores
- Digital marketing
- Launch
Key Success Factors
- Products variety
- Customer service
- Online marketing
35. Disposable items business
Photo by Artem Labunsky on Unsplash
Due to changing lifestyle and urbanisation demand of disposable items are increasing day by day. Disposable items like paper cups and plates are made from food grade pulp and coated with plastic or wax. To start the business one has to invest some money in buying elevant machinery. We also need to have clarity on how to sell the manufactured disposable items in the market and how to compete with the competitors;
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (5 – 10) |
High |
Key Resources
- Disposable items making machinery
- Relevant tools and Dough making,
- papad making and dryer machines
- Utensils & other equipments
- Packaging materials
- Brand logo
Margins
- 25% – 50%
Key Steps to start disposable items manufacturing business
- Legal entity of business
- Setting up papad making manufacturing unit
- Buy equipments & machinery
- Raw material sourcing
- Online presence
- Partnering with distributors & other stores
- Digital marketing
- Launch
Key Success Factors
- Products variety
- Customer service
- Online marketing
36. Ice cream parlour business
Photo by Sylvia Zhou on Unsplash
Ice creams are no longer seasonal business. People enjoy ice cream even in winter seasons. Ice cream manufacturing is a very attractive business. Ice cream parlour is very popular among youth and it can be opened in crowded locations shopping malls, complexes etc.
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Medium (5 – 10) |
Medium |
Key Resources
- Location
- Softy machine
- Thick Shake machine
- Slush machine
- Portable freezer
- Counter
- SS Vessels
- Utensils
Margins
- 25% – 35%
Key Steps to start Ice cream parlour business
- Brief market survey
- Identify location
- Legal entity of business
- Buy machineries
- Local marketing
- Launch parlour
Key Success Factors
- Innovative product offerings
- Hygienity
- Customer service
37. Juice corner outside Parks
Photo by Syed Nouman
India is getting health conscious day by day. Due to increasing health consciousness among people the market of health related products are increasing. Starting a health related business in very low budget could be proved a boon for unemployed urban youth. In cities a lot of people visit parks early in the morning for a walk or running or doing a little exercise. Selling these park going people Juices like, orange juice, bitter gourd juice, bottle gourd juice, apple juice etc. is very easy. This business can be started with a very low investment like Rs.1 lakh
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (1 – 2) |
High |
Key Resources
- Juice maker
- Juice making utensils & tools
- One cart
- Raw material for juice making
Margins
- 25% – 50%
Key Steps to start Juice business
- Legal entity of business
- Buy one cart and juice maker
- Raw material sourcing
- Launch
Key Success Factors
- Hygienity
- Customer service
38. Dance class services
Photo by Robert Collins on Unsplash
Entertainment industry is growing day by day. If you have a passion for dance, you could start dance class services in your locality or at some shopping complex. To start this business first of all you need to identify the right location for your class. To gain the market you should contact with schools, RWAs and other associations to provide your services. Developing service offering and delivering it in full is the key in the business
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (3 – 5) |
High |
Key Resources
- Location
- Classes interiors
- Furnitures
- Music systems
Margins
- 30% – 45%
Key Steps to start dance class service business
- Brief market survey
- Identify location
- Legal entity of business
- Interiors of class rooms
- Purchase furnitures & music systems
- Local marketing
- Launch classes
Key Success Factors
- Developing catalogue of service offering
- Partnership with associations, schools etc.
- Participating in different contests
39. Packers & movers businesses
Photo by Artem Podrez
In cities most of the people live on rented homes and also their jobs keep on changing. Providing packers & movers services in a fast growing business. People does not want to loose their energy in tedious task of packing & moving their goods and also they want to shift all their items in safe manner therefore requirement of professional & trained packers arise. The key to success in this business in to bring awareness about your service and also provide good customer service. Business should be started at small scale initially and later on can be expanded;
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (3 – 10) |
High |
Key Resources
- Packing raw materials
- Vehicle buy or rent
- Manpower for packing & moving
Margins
- 25% – 35%
Key Steps to start packers and movers business
- Brief market survey
- Identify target market areas
- Legal entity of business
- Buy vehicle or rent it out
- Buy related tools & machinery
- Local marketing
- Launch services
Key Success Factors
- Developing catalogue of service offering
- Local marketing
- Partnership with real estate agents
40. Cartridge refill service business
Photo by Antoni Shkraba
In India people hardly replace their cartridge. Instead of replacing it every time they get the ink refilled by cartridge refill service providers. Regarding technical skill one can get some certification course on cartridge refilling services or they can learn it online. Finding ink souring wholesalers or traders is also important. You can provide cartridge refill services at client place or at your shop based on the feasibility of service. It is high margin business as one cartridge refill costs Rs. 250 to 350 to customers however the ink purchase cost is around 40% to 50% of the selling price.
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (1 – 2) |
Medium |
Key Resources
- Shop or office location
- Bike or Scooter
- One technician (helper)
Margins
- 35% – 45%
Key Steps to start cartridge refill service business
- Study your target market
- Study the existing service providers in the market
- Legal entity of business
- Identify shop / office
- Buy vehicle like bike or scooter
- Run some marketing activities like pamphlets, sms marketing, email marketing etc.
- Launch services
Key Success Factors
- Customer service
- Providing high quality ink refill
- Providing services for all brands & models
41. Real estate business
Photo by Alena Darmel
Real estate business is a growing business. India still need house for everyone in rural areas. Government has already launched schemes like PMAY. If you have good networking and have an interest in real estate you can become a real estate agent. You can start this business with very low investment however commision amount is very high in this without any capital investment.
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline |
Low (1 – 2) |
High |
Key Resources
- Shop or office location
- Bike or Scooter
Margins
- 25% – 35%
Key Steps to start real estate service business
- Brief market survey
- Know the available inventory in target market
- Legal entity of businessIdentify shop / office
- Buy vehicle like bike or scooter
- Local marketing
- Launch services
Key Success Factors
- Good networking in local area
Good knowledge of available inventory - Providing related services like providing registry services, providing rent agreement etc.
- Associate with other real estate agents
42. Drone photography & videography business
Photo by Inmortal Producciones
Technology has transformed the photography and videography business. Drones photography and videography is in vogue these days. Government of India has proposed guidelines for drone related business looking at the security concerns. Drone are nodays popular among event companies, wedding planners, festive pandals organisers, real estate companies and even in the entertainment industry
| Business Type | Investment (Rs. Lacs) | Growth Potential |
|---|---|---|
|
Offline / Online |
High (8 – 15) |
High |
Key Resources
- High quality drones
- Digital cameras
- Laptop / Computers
- Softwares for video / photo editing
- Office location
- Manpowe
Margins
- 25% – 35%
Key Steps to start drone photography business
- Legal entity of business
- Government licenses for all drones
- Government certification for drone flying pilots
- Study your target market
- Study the existing service providers in the market
- Online presence
- Pre launch marketing
- Launch services
Key Success Factors
- Government rules & regulations are not very clear on the subject and are evolving day by day
- Keep regulatory track on the subject
- Providing innovative service offering
