Business Ideas

Product/Service Description

The business involves buying the latest construction equipment and renting them out to anyone who is involved in the construction business.

Market/Scope and Potential

The construction business in India is growing enormously because of the fast development that is taking place in the country. One of the major...

Product/Service Description

The business involves buying the latest construction equipment and renting them out to anyone who is involved in the construction business.

Market/Scope and Potential

The construction business in India is growing enormously because of the fast development that is taking place in the country. One of the major requirements of this business is modern equipment. Most of the people involved in the construction business do not prefer to buy any construction equipment because of the huge investment and lack of space to keep them. An occupation that deals with giving the construction equipment on rent can utilize this...

Product/Service Description

The business involves buying the latest construction equipment and renting them out to anyone who is involved in the construction business.

Market/Scope and Potential

The construction business in India is growing enormously because of the fast development that is taking place in the country. One of the major requirements of this business is modern equipment. Most of the people involved in the construction business do not prefer to buy any construction equipment because of the huge investment and lack of space to keep them. An occupation that deals with giving the construction equipment on rent can utilize this opportunity to build a great business.

Opportunities

There is a great demand for construction equipment in the market.

Since India is a developing country, construction is an ongoing process.

It is a very profitable business.

This business is expected to grow in the years to come.

Risks

It is a capital-intensive business.

Since all the construction equipment are large in size, they occupy a lot of space.

Maintenance of these equipment is costly.

The business needs to be insured.

Companies like Mahindra prove to be big competitors.

Good contacts with builders, contractors and stakeholders will help to spread the word about the business.

New high-tech machines keep coming in the market, so older ones become obsolete.

Entrepreneurial qualities

The business needs huge capital, so any person who can invest a lot of money can enter the business. The person should also be able to manage a team of workers and drivers who will operate the equipment. Since the competition in the market is more, good contacts and relationships with people associated with construction can help to enhance the business.

Conclusion

The business to rent out construction equipment is on a rise, so it is a good idea for a person to invest in it if he/she has the required capital and the managerial skills.

Product/service description

The business aims at setting up a small accounting firm that will focus on the accounting needs (bookkeeping, tax filing and planning, financial analysis, financial advice and other specialty services) of individuals and small business organizations.

Market Scope/Potential

Tax filing and planning has become a necessity for every...

Product/service description

The business aims at setting up a small accounting firm that will focus on the accounting needs (bookkeeping, tax filing and planning, financial analysis, financial advice and other specialty services) of individuals and small business organizations.

Market Scope/Potential

Tax filing and planning has become a necessity for every individual. However, every person is not an expert at it. An accounting firm can be of a great help in such circumstances.

Similarly, small businesses need to track their finance regularly to keep a record of their expenses. Hiring a private accountant can be expensive. Outsourcing the accounting service from...

Product/service description

The business aims at setting up a small accounting firm that will focus on the accounting needs (bookkeeping, tax filing and planning, financial analysis, financial advice and other specialty services) of individuals and small business organizations.

Market Scope/Potential

Tax filing and planning has become a necessity for every individual. However, every person is not an expert at it. An accounting firm can be of a great help in such circumstances.

Similarly, small businesses need to track their finance regularly to keep a record of their expenses. Hiring a private accountant can be expensive. Outsourcing the accounting service from an accounting firm can be a much smarter option.

Opportunities

The demand for accounting services is increasing, as it is mandatory for every individual or a business person to manage the finance effectively.

The business has good scope of profit.

The business can be easily grown if the demand increases.

Less capital is required to start the business.

Risks

The business needs to be registered.

The business also needs to be insured to cover up any loss that can happen by chance.

Smart marketing strategies are required to advertise the business, for eg. flyers, personal websites, blogs, presence on social networking sites and through word of mouth.

Smart accounting software should be bought to ease out the work.

The accounting business builds with the trust of the clients, so care should be taken to deliver quality service on time.

Entrepreneurial qualities

Any person who plans to start this business should not only be an expert at accounting, but also be a smart business person. He/she should know the needs of the clients, the marketing strategies, the competitors and the importance of delivering valuable service on time.

Conclusion

An accounting business deals with the finance of the people so more than anything else, it should work upon building a trustworthy environment. Good service and sufficient market research can help the business to succeed.

Product/Service description

 The business focuses on selling various brands of white and grey cement to retailers and construction sites. The shop also has the provision of the transporting the cement bags to the construction sites.

Market Scope/potential

Cement business has always been a flourishing occupation in India mainly due...

Product/Service description

 The business focuses on selling various brands of white and grey cement to retailers and construction sites. The shop also has the provision of the transporting the cement bags to the construction sites.

Market Scope/potential

Cement business has always been a flourishing occupation in India mainly due to the ever-growing nature of the construction in our country. This is the one business that has hardly been affected by recession. Therefore, a dealership in cement is always a good idea to make a handsome profit. However, some marketing strategies need to be taken care of in order to...

Product/Service description

 The business focuses on selling various brands of white and grey cement to retailers and construction sites. The shop also has the provision of the transporting the cement bags to the construction sites.

Market Scope/potential

Cement business has always been a flourishing occupation in India mainly due to the ever-growing nature of the construction in our country. This is the one business that has hardly been affected by recession. Therefore, a dealership in cement is always a good idea to make a handsome profit. However, some marketing strategies need to be taken care of in order to increase the sales and run the business smoothly.

Opportunities

Less investment is required to establish the business.

Profit margin is good.

Cement is in great demand.

Risks

Competition is more, so good contacts with engineers, architects and builders is a must to do a good business.

A minimum area of 500 sqft. is required to open a cement shop.

Storage should be ideal so that it does not degrade the quality of the cement.

The shop should be in an area where the cement bags can be easily loaded or unloaded from a truck.

Labourers are required to load and unload the cement bags.

There should not be another cement dealership business in the vicinity.

The business should be registered.

Entrepreneurial qualities

Anybody dealing in cement business must have an overall idea of the raw materials used for construction of buildings. He/she should also be able to manage the labourers and drivers who would help in the transportation of the cement bags. In this business, developing contacts and relationships with builders and engineers is the best way to get good sale contracts.

Conclusion

Cement business holds a good scope in the market, as it is one of the most important material used in the construction. Establishing this business does not require a lot of money. So, anybody who has efficient managerial skills and is good at maintaining interpersonal relationships can grab this opportunity and make the most of it.

Product/service description

A small-scale business of making fresh jams and jellies from seasonal fruits.

Market Scope/Potential

As the food habits are changing, most of the people are moving towards readymade food options. Jams and jellies are one of the most favourite on-the-go food items that people love to eat with...

Product/service description

A small-scale business of making fresh jams and jellies from seasonal fruits.

Market Scope/Potential

As the food habits are changing, most of the people are moving towards readymade food options. Jams and jellies are one of the most favourite on-the-go food items that people love to eat with breads. The commercial jams and jellies are loaded with preservatives, chemicals and sugar. A small-scale business that produces these items using authentic recipes will be much appreciated.

Opportunities

There is a high demand of organically produced authentic jams and jellies in the market.

Investment required is less.

Less space is...

Product/service description

A small-scale business of making fresh jams and jellies from seasonal fruits.

Market Scope/Potential

As the food habits are changing, most of the people are moving towards readymade food options. Jams and jellies are one of the most favourite on-the-go food items that people love to eat with breads. The commercial jams and jellies are loaded with preservatives, chemicals and sugar. A small-scale business that produces these items using authentic recipes will be much appreciated.

Opportunities

There is a high demand of organically produced authentic jams and jellies in the market.

Investment required is less.

Less space is required to set up the kitchen.

Raw materials (fruits) are easily available from the whole sellers.

Business can be easily expanded if there is an increase in the demand.

Since jams and jellies can be easily preserved, there is no hurry to sell the finished product immediately.

The business gives a chance to many women entrepreneurs to start a venture of their own.

Risks

Proper license and registration is required to start the business.

The raw material (fruits) has to be processed fast as it is highly perishable.

Pricing of the product has to be done strategically so that all the costs involved are covered effectively.

Marketing should be good so as to bring in a reasonable profit.

Labelling of the product should be done clearly.

Entrepreneurial qualities

A person who starts jam making business must have a small space to set up the kitchen. The kitchen should be made under the rules and regulations defined by the food administration laws. The person should know the process of making the jam and preserving it. Strategic marketing is also needed to make sufficient profit.

Conclusion

Jam making business is small-scale business that can be started by any person who knows the skill of making the jam, and also wants to transform this skill into a business opportunity by investing only a little amount of money.

Product/Service description

Provide an overall cleaning solution to hotels which includes cleaning of lobby area, reception, garden, parking, swimming pool, all the rooms, washrooms, kitchen and laundry.

Market Scope/ Potential

Hotels need to maintain an optimum level of cleanliness at all times because only a clean hotel can attract good...

Product/Service description

Provide an overall cleaning solution to hotels which includes cleaning of lobby area, reception, garden, parking, swimming pool, all the rooms, washrooms, kitchen and laundry.

Market Scope/ Potential

Hotels need to maintain an optimum level of cleanliness at all times because only a clean hotel can attract good number of guests. Therefore, all the hotels take utmost care to keep the place sparkling clean. To take care of the cleanliness, a housekeeping department is required. Many times, in order to lower the burden, hotels outsource their housekeeping services. A housekeeping business can be of a great help to...

Product/Service description

Provide an overall cleaning solution to hotels which includes cleaning of lobby area, reception, garden, parking, swimming pool, all the rooms, washrooms, kitchen and laundry.

Market Scope/ Potential

Hotels need to maintain an optimum level of cleanliness at all times because only a clean hotel can attract good number of guests. Therefore, all the hotels take utmost care to keep the place sparkling clean. To take care of the cleanliness, a housekeeping department is required. Many times, in order to lower the burden, hotels outsource their housekeeping services. A housekeeping business can be of a great help to such hotels.

Opportunities

Less capital is required to start the business.

Since cleanliness is the main criteria of any hotel, housekeeping business can flourish well.

The tools and machines to be used are a one-time investment.

There is no need to rent a separate building. It can be started from a very small space, a garage or even one's own home.

There is no need to pay any utility bill.

Risks

There is a great deal of competition in the market.

Making contacts and getting continuous work during the initial days can be challenging.

Maintaining the team of workers is difficult as they have a tendency to quit the job.

Regular monitoring and training is required to keep the workers motivated.

Entrepreneurial skills

There is no skill required to start a housekeeping business. However, you need to have good communication and managerial skills. You need to build good contacts with hotels that can give you the job. Your team of workers also need to be managed efficiently.

Do's

Look for new technology and tools that can enhance the efficiency of your work. Keep learning and keep growing.

Calculate all your expenditure and assess your cost mindfully. There is no need to undersell yourself to get work.

Value your workers. Your workers are your asset.

Invest in building good customer relationships. This is the only way to get a continuous workflow.

Don't

Don't be careless with your work. The damage can cost you money and even make you lose a profitable contract.

Conclusion

Housekeeping business is seeing a boom these days. Anyone who is ready to invest a little money, has good managerial skills, takes pride in providing quality services to people and has excellent communication abilities can start this business.

Product/service description

Sell a variety of plants that can be grown in pots, seeds of vegetables and flowering plants, organic fertilizers, pesticides, gardening soil mix, homemade compost, decorative pots, gardening tools and accessories. The business will focus on the gardening requirements of apartments, offices and other small spaces.

Market Scope/Potential...

Product/service description

Sell a variety of plants that can be grown in pots, seeds of vegetables and flowering plants, organic fertilizers, pesticides, gardening soil mix, homemade compost, decorative pots, gardening tools and accessories. The business will focus on the gardening requirements of apartments, offices and other small spaces.

Market Scope/Potential

Vermicompost is a great source of nutrition for the plants. It is much cheaper than the chemical fertilizers and a little quantity goes a long way. Moreover, since it is an organic fertilizer, it neither harms the soil nor the plants. It has a huge demand in the market due...

Product/service description

Sell a variety of plants that can be grown in pots, seeds of vegetables and flowering plants, organic fertilizers, pesticides, gardening soil mix, homemade compost, decorative pots, gardening tools and accessories. The business will focus on the gardening requirements of apartments, offices and other small spaces.

Market Scope/Potential

Vermicompost is a great source of nutrition for the plants. It is much cheaper than the chemical fertilizers and a little quantity goes a long way. Moreover, since it is an organic fertilizer, it neither harms the soil nor the plants. It has a huge demand in the market due to its benefits and also because more and more people want to switch to fertilizers than do not harm the environment.

Opportunities

Vermicompost is easy to make and the installation of vermicompost bed does not need a lot of space.

The tools are a one-time investment.

Vermicompost takes lesser time to be made when compared to normal compost because the worms help in the faster decomposition of waste.

The life of worms is around two years and they reproduce pretty fast so there is a good amount of worms produced if proper conditions are provided.

The raw materials are kitchen waste, cow dung, paper scraps, droppings of birds, paper mill slurry, etc. These things are actually the waste that is available in huge amounts at practically no cost.

Risks

The worms can be attacked by pests.

There is a need to constantly keep turning the mixture and adding moisture. An optimum temperature should also be maintained.

Though the vermicompost has an earthy odour, it can start giving out an offensive odour if all the factors are not maintained properly.

Entrepreneurial qualities

To start vermicomposting, there is no need of any kind of special training or skill. However, working with worms may not sound interesting to everyone. Therefore, this business is only for those people who have a desire to work with the worms and waste materials. In addition, one also has to have a land to prepare the vermicompost beds. Space should also be available to store the prepared compost.

Do's

Chop the kitchen scrap into tiny bits so that it is easier for the worms to decompose them.

Keep the correct ratio of moist and dry material in the compost.

If the compost seems to be very moist, add dry materials like paper, cartons, dry leaves, etc.

Don't

Don't add fresh cow dung to the compost as there is a lot of heat in it. Leave it for a few days so that the heat escapes.

Don't add plastic, glass, metal or any kind of material that cannot be decomposed. This can spoil the quality of the compost.

Don't add onions, garlics or citrus fruits to the compost. Avoid salty food and meat products too.

Conclusion

Vermicompost business is for those people who are passionate about farming worms, are ready to utilise their land to recycle waste and have the skills to sell their products in the market.

In india it is big problem of farmer they do not agriculture product online in villages and they not take best quality product in lower price so i connect all agricuture stores product online and make easy life of farmer so they have no tension which is best in simply...

In india it is big problem of farmer they do not agriculture product online in villages and they not take best quality product in lower price so i connect all agricuture stores product online and make easy life of farmer so they have no tension which is best in simply word make as same ecommerce site such as amazon, flipkart etc but for only agriculture purpose

In india it is big problem of farmer they do not agriculture product online in villages and they not take best quality product in lower price so i connect all agricuture stores product online and make easy life of farmer so they have no tension which is best in simply word make as same ecommerce site such as amazon, flipkart etc but for only agriculture purpose

Product/Service description

Sell renowned health supplement and multivitamins online through Amazon. Get in touch with health supplement manufacturers, sell their products, advertise about the business in different ways like on social media, through flyers and also word of mouth.

Market Scope/potential

These days people are becoming more health conscious. As...

Product/Service description

Sell renowned health supplement and multivitamins online through Amazon. Get in touch with health supplement manufacturers, sell their products, advertise about the business in different ways like on social media, through flyers and also word of mouth.

Market Scope/potential

These days people are becoming more health conscious. As the quality of food is degrading and the lifestyle is becoming erratic, most of the nutritional needs are not fulfilled just by eating the normal food. So, people are in a need of different kinds of nutritional supplements that can enhance the quality of their health.

Opportunities

1. Online business...

Product/Service description

Sell renowned health supplement and multivitamins online through Amazon. Get in touch with health supplement manufacturers, sell their products, advertise about the business in different ways like on social media, through flyers and also word of mouth.

Market Scope/potential

These days people are becoming more health conscious. As the quality of food is degrading and the lifestyle is becoming erratic, most of the nutritional needs are not fulfilled just by eating the normal food. So, people are in a need of different kinds of nutritional supplements that can enhance the quality of their health.

Opportunities

1. Online business needs less investment.

2. The storage and transportation is handled by Amazon, though they charge a some amount for their service.

3. Scope of the business is good because the demand of nutritional supplements is increasing day by day.

Risks

1. There is a lot of competition in the market so one needs to have solid advertising and convincing capabilities to attract the customers.

2. A license is required from FDA to sell health supplements.

3. Anything that is going to be ingested by the customers has the risk to cause reactions, so the product should be from a renowned manufacturer only.

4. The review on the Amazon platform should always be good so as to attract more customers.

Entrepreneurial qualities

In order to start a health supplement business, one should definitely have a little knowledge about food supplements and vitamins. This will enable the person to keep a check on the products that he/she is selling. Apart from this, since online business is only on the internet, a good marketing is required to attract customers.

Do's

1. Do think about specialising in the area of health supplements. A crash course can also be done to gain knowledge. If this is not possible, take the help of a person who knows about the field.

2. Invest in quality products. Look for only genuine manufacturers.

3. Keep the label in compliance with the FDA rules and regulations.

Don't

1. Don't underestimate the power of attractive labels. Ask your manufacturers to design an attractive label or leverage a label making company for it.

Conclusion

Online health supplement business has a great scope for people who have a little knowledge in the pharmacy field. A person in this business should also have good communication skills and convincing power to put customers' minds at rest and make them believe that the product is going to enhance their health. Marketing strategy is also one of the factors that is crucial to succeed in this business.

Product / Service Description:

Replacing food habits with nutritional food by preparing a variety of tasty dishes for Breakfast, Lunch and Dinner. These Dishes should contain Fruits, Vegetables along with healthy carbohydrates and fats.

Market Scope / Potential:

We have many options to buy Junk food and very few options...

Product / Service Description:

Replacing food habits with nutritional food by preparing a variety of tasty dishes for Breakfast, Lunch and Dinner. These Dishes should contain Fruits, Vegetables along with healthy carbohydrates and fats.

Market Scope / Potential:

We have many options to buy Junk food and very few options for nutritional food. In these days people are looking for solution to change their food habits. But they could only able to get advices.

Opportunities:

Less competition at present.

Not very huge Investment.

No Replacement to Traditional food.

Risks:

Without compromising on Taste.

Raw material Ripe fast.

Storage time for...

Product / Service Description:

Replacing food habits with nutritional food by preparing a variety of tasty dishes for Breakfast, Lunch and Dinner. These Dishes should contain Fruits, Vegetables along with healthy carbohydrates and fats.

Market Scope / Potential:

We have many options to buy Junk food and very few options for nutritional food. In these days people are looking for solution to change their food habits. But they could only able to get advices.

Opportunities:

Less competition at present.

Not very huge Investment.

No Replacement to Traditional food.

Risks:

Without compromising on Taste.

Raw material Ripe fast.

Storage time for end product is very less.

Profit Margins are not huge.

Entrepreneurial Qualities:

An Entrepreneur should have enough experience in dealing with Fruits and Vegetables. Before Initiating into business, one should be ready with proper business plan.

Do’s:

Recipes should be prepared as per Nutritionist guidance.

Always sell fresh food.

Don’ts:

No bulk purchase of Raw materials.

No Compramise on Taste.

Conclusion:

Nutritional food truck business is for people who has ability to handle Procurement (Buying Fruits and Vegetables), Products (Tasty Dishes) and Sales (Selling Products) simultaneously.