Product/service description

This business focuses on providing installation, repair and maintenance services of Heat ventilation air conditioning units to all the offices, malls, restaurants, hospitals and houses. It also takes contracts from big builders and organization owners to install HVAC in the entire building and later continue to service them...

Product/service description

This business focuses on providing installation, repair and maintenance services of Heat ventilation air conditioning units to all the offices, malls, restaurants, hospitals and houses. It also takes contracts from big builders and organization owners to install HVAC in the entire building and later continue to service them regularly.

 Market Scope/Potential

HVAC has become a common sight in big buildings these days. However, the installation and repair of HVAC units is not something that everyone can do. Its functioning is complex, and one needs to have special training to give the services. Therefore, every organization that has HVAC...

Product/service description

This business focuses on providing installation, repair and maintenance services of Heat ventilation air conditioning units to all the offices, malls, restaurants, hospitals and houses. It also takes contracts from big builders and organization owners to install HVAC in the entire building and later continue to service them regularly.

 Market Scope/Potential

HVAC has become a common sight in big buildings these days. However, the installation and repair of HVAC units is not something that everyone can do. Its functioning is complex, and one needs to have special training to give the services. Therefore, every organization that has HVAC units installed needs regular servicing and repair from a professional technician.

Apart from this, taking the contract to install HVAC units in big buildings is also profitable, as the entire process is expensive and needs professionalism.

Opportunities

1. The demand for the services is increasing.
2. The business can be started with less investment and can be eventually grown into a bigger one.
3. The business yields good profits.
4. It is a great opportunity for people who love problem-solving jobs because every issue with HVAC is like a new challenge that needs to be tackled smartly.

Risks

1. The business requires a person to get detailed training in the field.
2. The business involves a certain amount of risk.
3. As the new technologies get introduced, the technicians need to be regularly trained to be up-to-date with the recent developments.
4.  A customized vehicle is needed to serve the dual purpose of carrying the machine parts and tools and also advertising about the business.
5. The technicians must be insured.

Entrepreneurial qualities

Anyone who wants to enter the business must be well trained in the field of HVAC. Regular training is also required to remain informed about the latest developments in the technology. The work requires a lot of physical strain and long hours of dedication. Excellent networking and marketing strategies can fetch profitable contracts. Good quality of service will help in the promotion of business.

Conclusion

HVAC repair business is a highly demanded job that needs skilled people. The business is highly profitable but requires a lot of hard work and skill.

Product/service description

The business focuses on establishing a small RO plant to purify water and supply it to nearby houses in 20-liter cans. The plant will have its own borewell for a continuous supply of water. It will also have its own vehicle for the transportation of the cans.

Market...

Product/service description

The business focuses on establishing a small RO plant to purify water and supply it to nearby houses in 20-liter cans. The plant will have its own borewell for a continuous supply of water. It will also have its own vehicle for the transportation of the cans.

Market Scope/Potential

Water is a necessity. Life is impossible without water. However, due to the increase in the pollution, groundwater or water from any other source cannot be drunk without proper treatment. Therefore, water treatment plants are becoming very popular. In these plants, water can be easily purified on a large...

Product/service description

The business focuses on establishing a small RO plant to purify water and supply it to nearby houses in 20-liter cans. The plant will have its own borewell for a continuous supply of water. It will also have its own vehicle for the transportation of the cans.

Market Scope/Potential

Water is a necessity. Life is impossible without water. However, due to the increase in the pollution, groundwater or water from any other source cannot be drunk without proper treatment. Therefore, water treatment plants are becoming very popular. In these plants, water can be easily purified on a large scale and supplied for drinking. The production cost of the purified water per bottle is very less, but it is sold at a much higher price. Considering the high selling price of the purified water, the business seems to be very promising at present.

Opportunities

1. Pure drinking water is an absolute necessity.
2. The business yields a good profit.
3. The process of water purification using the RO plant is very simple and can be easily learned.
4. The size of the plant to be established depends on the amount of capital a person has.
5. A second-hand vehicle can be used for transportation.

Risks

1. A commercial power supply is required for the plant.
2. A personal borewell is required for the continuous supply of water.
3. Open space is required to establish the plant.
4. A generator is required for power backup.
5. Acquiring a license is a must before starting the business.
6. Since the treated water is to be used for drinking, proper hygiene needs to be maintained.
7. Personalized labels should be posted on the bottles for advertisement.

Entrepreneurial qualities

Any person entering the field of water purification business must find an open space for the installation of the plant. He/she must also have the required capital to start the business. Since the business has a lot of competition, a good marketing plan is very important for growth.

Conclusion

These days, as water has a lot of impurities, establishing a water treatment plant to sell drinking water has become a very popular business. Since hygienic potable water is an absolute necessity, the demand for drinking water is increasing continuously.

Product/service description

The business focuses on starting a small vehicle rental shop that will provide cars and scooters to tourists on rent. Drivers will not be provided. The tourists will themselves be responsible for driving the vehicle and filling the fuel.

Market Scope/Potential

Vehicle rental business is a very popular...

Product/service description

The business focuses on starting a small vehicle rental shop that will provide cars and scooters to tourists on rent. Drivers will not be provided. The tourists will themselves be responsible for driving the vehicle and filling the fuel.

Market Scope/Potential

Vehicle rental business is a very popular trend in tourist places. It gives the travelers the liberty to be on themselves and explore the place as much as they wish. Tourist’s places are generally outside the main city, and public transport is mostly unavailable. In such a circumstance, renting a vehicle can prove handy and very practical...

Product/service description

The business focuses on starting a small vehicle rental shop that will provide cars and scooters to tourists on rent. Drivers will not be provided. The tourists will themselves be responsible for driving the vehicle and filling the fuel.

Market Scope/Potential

Vehicle rental business is a very popular trend in tourist places. It gives the travelers the liberty to be on themselves and explore the place as much as they wish. Tourist’s places are generally outside the main city, and public transport is mostly unavailable. In such a circumstance, renting a vehicle can prove handy and very practical to the tourists. Cars are generally rented by families and bigger groups, while scooters are useful for couples or solo travelers. Looking at the profit that the business can yield, starting this business is a good idea.

Opportunities

1. The business is very profitable.
2. Rented vehicles are in high demand at tourist places.
3. The business does not require any special skill set.
4. The business has an immense scope to grow.

Risks

1. A good amount of capital is required to start the business.
2. The business can face a lot of competition.
3. All the vehicles must be insured.
4. The vehicles need to be serviced and maintained regularly.
5. Sometimes, the tourists end up damaging the vehicle.
6. A parking space for the vehicles must be available.

Entrepreneurial qualities

There are no special qualities required to start this business. However, a good amount of capital is definitely needed to invest in the business. Since the competition is more, smart marketing skills are required to allure the tourists and grow the business.

Conclusion

A vehicle rental business is an excellent opportunity to earn a good profit if the marketing is done correctly and the competitors are tackled smartly.

Product/service description

The tyre shop will be established in a busy area that enjoys good traffic all day. The shop will sell branded tyres for heavy and light vehicles. The shop will also provide small services like changing the tyres and repairing punctures.

Market Scope/Potential

The number of vehicles is...

Product/service description

The tyre shop will be established in a busy area that enjoys good traffic all day. The shop will sell branded tyres for heavy and light vehicles. The shop will also provide small services like changing the tyres and repairing punctures.

Market Scope/Potential

The number of vehicles is increasing at an alarming rate. Now that the recession is over, and the income of the people has increased, a number of people are planning to buy new vehicles. Even heavy vehicle manufacturers are regularly introducing improved, high-end vehicles that require good quality of tyres. Considering these factors, venturing into...

Product/service description

The tyre shop will be established in a busy area that enjoys good traffic all day. The shop will sell branded tyres for heavy and light vehicles. The shop will also provide small services like changing the tyres and repairing punctures.

Market Scope/Potential

The number of vehicles is increasing at an alarming rate. Now that the recession is over, and the income of the people has increased, a number of people are planning to buy new vehicles. Even heavy vehicle manufacturers are regularly introducing improved, high-end vehicles that require good quality of tyres. Considering these factors, venturing into a tyre retailing business seems to be a profitable opportunity and is expected to grow more in the coming years.

Opportunities

1. The number of vehicles, both heavy and light, is increasing rapidly.
2. There’s an excellent demand for good quality tyres.
3. The profit margin in this business is good.
4. The business does not require the business person to have any special skill.

Risks

1. This is a capital-intensive business.
2. A good amount of space is required to open the shop.
3. There’s a lot of competition in the business.
4. The business must be registered.
5. The location of the shop plays a major role in deciding the fate of the business.

Entrepreneurial qualities

Though there are no special skills required to start the business, it is always advantageous if the business person has previous experience of working in a similar field. Another important requirement for the business is the availability of a huge capital. Market strategies, smart pricing and a keen eye on the competition are also important to excel in this field.

Conclusion

Establishing a tyre shop is a capital-intensive, but profitable business. Good quality products and prompt services can help the business to grow gradually.

Product/service description

The business will focus on the recycling of old tyres by the process of retreading. Under this process, the old tyres will be cleaned, treated with chemicals and then covered with a new sheet of rubber. All the processes will be done with the help of specialized machines...

Product/service description

The business will focus on the recycling of old tyres by the process of retreading. Under this process, the old tyres will be cleaned, treated with chemicals and then covered with a new sheet of rubber. All the processes will be done with the help of specialized machines and the old tyres will be made usable again.

Market Scope/Potential

As the number of vehicles is increasing each day, the demand for tyres is also rising. A new tyre has a life of a few years after which it usually becomes old and unusable. The process of retreading helps...

Product/service description

The business will focus on the recycling of old tyres by the process of retreading. Under this process, the old tyres will be cleaned, treated with chemicals and then covered with a new sheet of rubber. All the processes will be done with the help of specialized machines and the old tyres will be made usable again.

Market Scope/Potential

As the number of vehicles is increasing each day, the demand for tyres is also rising. A new tyre has a life of a few years after which it usually becomes old and unusable. The process of retreading helps such old tyres to be used again. This process is very useful because it helps in reducing the rubber waste accumulation in the environment. Moreover, the retreaded tyres are available at around 50% less cost when compared to the new tyres. This makes retreaded tyres far more economical. Looking at these advantages, there has been an increase in the demand for retreaded tyres recently. So, this business has good prospects.

Opportunities

1. The process of retreading is simple, and it can be learnt by being in the field for a few years.
2. The business helps in reducing rubber waste from the environment.
3. It helps in reducing pollution that is caused by the manufacture of new tyres.
4. The business is still emerging, so there is less competition in the field.
5. The business yields a good profit.
6. Old tyres can be easily sourced from vehicle service centres, factories, bus depots, etc.

Risks

1. The business must be registered, and a license needs to be acquired before starting.
2. A minimum of 4000 sq. ft. space is required to start the business.
3. Skilled machine operators are required to do the job in a professional manner.
4. A three-phase power supply is required.

Entrepreneurial qualities

A few years of experience in the field of tyre manufacturing business will be beneficial for anyone wanting to start the business. Good networking with vehicle service centres, puncture shops, heavy vehicle owners and factories can help to get a good number of old tyres that can be retreaded.

Conclusion

The tyre retreading business is a new concept. People have started appreciating the potential of this business. The government has also made new rules, which have eased out the process of establishing the business. Once the people are completely aware of the utility of the retreaded tyres, the business has a great future.

Product/service description

The business focuses on starting a small-scale T-shirt printing shop that will print T-shirts in bulk and sell them to wholesalers and retailers. The business will also entertain people who wish to personalize their T-shirts and get their favourite designs printed on them. It will also take special...

Product/service description

The business focuses on starting a small-scale T-shirt printing shop that will print T-shirts in bulk and sell them to wholesalers and retailers. The business will also entertain people who wish to personalize their T-shirts and get their favourite designs printed on them. It will also take special orders to print customized T-shirts for offices, hospitals, celebrations, events, etc. 

Market Scope/Potential

T-shirt printing has become very popular these days. It is a fun way to customize the dresses and express through art. Several organizations get T-shirts printed for their promotion. Printed T-shirts are also a good gifting idea....

Product/service description

The business focuses on starting a small-scale T-shirt printing shop that will print T-shirts in bulk and sell them to wholesalers and retailers. The business will also entertain people who wish to personalize their T-shirts and get their favourite designs printed on them. It will also take special orders to print customized T-shirts for offices, hospitals, celebrations, events, etc. 

Market Scope/Potential

T-shirt printing has become very popular these days. It is a fun way to customize the dresses and express through art. Several organizations get T-shirts printed for their promotion. Printed T-shirts are also a good gifting idea. Since the process of T-shirt printing is very simple and can be easily learned by a little practice, many people are allured towards this business. At present, there is a good demand for printed T-shirts, so the profit in this business is huge.

Opportunities

1. There is a good demand for printed T-shirts.
2. The cost of printing a T-shirt is very less.
3. The T-shirt printing process is very easy and can be learnt by a little practice.
4. Less investment is required to start the business.
5. The machines required to start the business comes at a very reasonable price.
6. The business can be started in a small space or even at home.

Risks

1. The business needs to be registered.
2. It is essential to copyright personal designs to prevent other businesses from copying the designs.
3. There is a lot of competition in this field, so smart market strategies are required to promote the business.

Entrepreneurial qualities

Any person wanting to enter this business must be aware of the business strategies. Networking and good relationship with organizations will help in getting bulk orders. Good contacts with T-shirt manufacturers will help in buying T-shirts at a reasonable price. Though the business focuses on expressing art, it does not require the business person to be artistic. All that one needs is a little practice to produce quality work.

Conclusion

T-shirt printing business has a very good demand in the market. It is a good option for people who want to earn a profit with less investment.

Product/service description

The business focuses on manufacturing tempered glass for different kinds of mobile phones and selling them in retail and wholesale markets.

Market Scope/Potential

The manufacture of tempered glass needs a special machine that can be purchased online or imported from China. The machine resembles a printer and is...

Product/service description

The business focuses on manufacturing tempered glass for different kinds of mobile phones and selling them in retail and wholesale markets.

Market Scope/Potential

The manufacture of tempered glass needs a special machine that can be purchased online or imported from China. The machine resembles a printer and is easy to operate. However, the manufacturing process needs a lot of practice to give the product a professional touch. Since, the demand for tempered glass is high, setting up this business can yield a good profit.

Opportunities

1. There is a good demand for tempered glass in the market.
2. The profit...

Product/service description

The business focuses on manufacturing tempered glass for different kinds of mobile phones and selling them in retail and wholesale markets.

Market Scope/Potential

The manufacture of tempered glass needs a special machine that can be purchased online or imported from China. The machine resembles a printer and is easy to operate. However, the manufacturing process needs a lot of practice to give the product a professional touch. Since, the demand for tempered glass is high, setting up this business can yield a good profit.

Opportunities

1. There is a good demand for tempered glass in the market.
2. The profit margin is high.
3. The business does not require a lot of investment.
4. The business can be started in a small space.
5. Anyone can learn the process of making a tempered glass.
6. The products can also be sold online.
7.  The raw materials used are very cheap.

 Risks

1. There is a lot of competition in the market.
2. As the technology changes, the quality of the tempered glass changes and manufacturers need to keep themselves updated with the new manufacturing processes.
3. Good networking is required to win over the customers.

Entrepreneurial qualities

The business does not require a person to have any special skill. Anybody can learn to make tempered glasses, but enough practice is required to give the finished product a look of perfection. The business person should also focus on networking to enhance the sale.

Conclusion

Tempered glass business is easy to establish and gives a good profit. Any person having low capital can start this profitable business.

Product/service description

The souvenir shop will be in the heart of the tourist location. It will sell different gift items and mementoes that are unique to the place. It will also sell special handicraft items that will be made by the local artisans. The shop will be rustically decorated and...

Product/service description

The souvenir shop will be in the heart of the tourist location. It will sell different gift items and mementoes that are unique to the place. It will also sell special handicraft items that will be made by the local artisans. The shop will be rustically decorated and will reflect the lifestyle and culture of that place.

Market Scope/Potential

Every tourist travels for fun, experience, and memories. What better way to preserve memories than collecting unique items from that place? People love buying local items from a tourist spot. A tastefully decorated souvenir shop with an elegant display...

Product/service description

The souvenir shop will be in the heart of the tourist location. It will sell different gift items and mementoes that are unique to the place. It will also sell special handicraft items that will be made by the local artisans. The shop will be rustically decorated and will reflect the lifestyle and culture of that place.

Market Scope/Potential

Every tourist travels for fun, experience, and memories. What better way to preserve memories than collecting unique items from that place? People love buying local items from a tourist spot. A tastefully decorated souvenir shop with an elegant display of unique items will help to attract the customers. Smart marketing and mindful pricing can help in growing the business.

Opportunities

1. Initially, the business can be started small. The size of the shop does not matter much. What matters more is the quality of the products and the look of the shop.
2. The shop will represent the cultural heritage of the tourist place.
3. Smart marketing and a keen eye on competitors can help in doing a profitable business.
4. The shop gives an unending scope of playing with creativity.

Risks

1. There’s a lot of competition in this field.
2. The shop, no matter how small, must be registered.
3. The person should have a creative taste.
4. Good networking is required to attract more customers.
5. Knowing more than one language can help in building a good relationship with the tourists.

Entrepreneurial qualities

Any person wanting to start a souvenir shop must have the initial capital to give the place a creative look. The person should have a fine artistic taste to understand the needs of the tourists and stock exclusive items accordingly. He/she must also have the ability to attract the customers and present them with items that are memorable.

Conclusion

A souvenir shop in a tourist location is a profitable business if the marketing is done properly. The shop will not only make money but also help to preserve the culture of the place.

Product/service description

The business focuses on providing internet services to a small area initially. The services will be provided through fiber cable. The service provider will purchase its bandwidth from two internet providers. A suitable place will be used to set up the server room and install the equipment and...

Product/service description

The business focuses on providing internet services to a small area initially. The services will be provided through fiber cable. The service provider will purchase its bandwidth from two internet providers. A suitable place will be used to set up the server room and install the equipment and switches.

Market Scope/Potential

Internet services have become one of the most critical services today. Setting up this business is a good idea, but it has immense challenges. Only a well-planned business can function well because any imbalance in the service can discourage the customers. Also, since the competition is huge,...

Product/service description

The business focuses on providing internet services to a small area initially. The services will be provided through fiber cable. The service provider will purchase its bandwidth from two internet providers. A suitable place will be used to set up the server room and install the equipment and switches.

Market Scope/Potential

Internet services have become one of the most critical services today. Setting up this business is a good idea, but it has immense challenges. Only a well-planned business can function well because any imbalance in the service can discourage the customers. Also, since the competition is huge, internet service providers must handle the pricing very carefully. If all the factors affecting the business are handled smartly, the venture will be profitable.

Opportunities

1. Good internet services have become a necessity and are in great demand.
2. The business is a good opportunity for people who love networking.
3. Once the business is set up well and the customers are happy, the venture is profitable.

Risks

1. The business needs a good amount of hard work and regular monitoring.
2. A team of dedicated people is required to take care of any issue that arises.
3. The business requires huge capital.
4. The competition is immense and any loophole in the services will result in the loss of customers.
5. The server room must be monitored carefully. The temperature of the server room must always be maintained.
6. The equipment needs to be serviced regularly.
7. A generator must be bought for power supply back up.
8. Acquiring a license before starting the business is a must.

Entrepreneurial qualities

Any person who wishes to start this business must be good at networking. The person should also have the required capital. He/she should be ready to dedicate long hours of work into the business. There should be a team of people to take care of the entire system. Good marketing skills are also required to be ahead of the competitors.

Conclusion

Being an internet service provider is a challenging, yet interesting job. If properly planned and monitored, the business is profitable.

Product/service description

The business focuses on starting a wholesale shop for normal as well as organic sugar. The entire product will be directly sourced from the sugar factories and sold to different retailers.

Market Scope/Potential

Sugar is one of the most important food components in almost every household. We Indians...

Product/service description

The business focuses on starting a wholesale shop for normal as well as organic sugar. The entire product will be directly sourced from the sugar factories and sold to different retailers.

Market Scope/Potential

Sugar is one of the most important food components in almost every household. We Indians indulge in many kinds of sweet dishes on a daily basis. During festivals and celebrations, the demand for sugar increases even more. Therefore, a wholesale business of sugar is a profitable venture, as the demand for this product is never going to fade away.

Opportunities

1. Sugar is a highly demanded...

Product/service description

The business focuses on starting a wholesale shop for normal as well as organic sugar. The entire product will be directly sourced from the sugar factories and sold to different retailers.

Market Scope/Potential

Sugar is one of the most important food components in almost every household. We Indians indulge in many kinds of sweet dishes on a daily basis. During festivals and celebrations, the demand for sugar increases even more. Therefore, a wholesale business of sugar is a profitable venture, as the demand for this product is never going to fade away.

Opportunities

1. Sugar is a highly demanded product.
2. India has abundant production of sugar, so it is very easy to get sugar from the factories at a reasonable price and sell it at a higher price in the market.
3. The profit margin is high in a wholesale business.

Risks

1. Since sugar gets spoilt by moisture and insects, proper storage facility should be available.
2. The wholesale shop of a minimum area of 1500 sq. ft. is required to store the products.
3. The business needs to be registered.
4. The location of the shop should be in a marketplace or any busy locality.
5. There is a lot of competition in the market, so smart marketing skills are required to succeed.
6. A vehicle should be available for transportation.

Entrepreneurial qualities

To start a wholesale business, one does not need any special training or skill. However, to grow the business, the person should always be aware of the new products that enter the market, the changing demand of the customers and the competitors in the business. Good networking and marketing skills also help in enhancing the business.

Conclusion

Sugar wholesale shop is a profitable business opportunity that can be started either on a large scale or small scale. Being consistent is the key to success in this field.