Product/service description

The small-scale biofertilizer manufacturing plant collects organic waste like biodegradable kitchen waste, animal waste, cow dung, and sewage waste to convert them into biofertilizer and sell them within the country.

Market Scope/Potential

Agriculture is the main occupation of our country. A good fertilizer is needed for good produce....

Product/service description

The small-scale biofertilizer manufacturing plant collects organic waste like biodegradable kitchen waste, animal waste, cow dung, and sewage waste to convert them into biofertilizer and sell them within the country.

Market Scope/Potential

Agriculture is the main occupation of our country. A good fertilizer is needed for good produce. Though there are a lot of chemical fertilizers available in the market, they are not good for our soil and our health. Biofertilizers, on the hand, is produced by natural waste materials that are decomposed by microorganisms and are good for the soil, plant and our health.

Opportunities

1. The business...

Product/service description

The small-scale biofertilizer manufacturing plant collects organic waste like biodegradable kitchen waste, animal waste, cow dung, and sewage waste to convert them into biofertilizer and sell them within the country.

Market Scope/Potential

Agriculture is the main occupation of our country. A good fertilizer is needed for good produce. Though there are a lot of chemical fertilizers available in the market, they are not good for our soil and our health. Biofertilizers, on the hand, is produced by natural waste materials that are decomposed by microorganisms and are good for the soil, plant and our health.

Opportunities

1. The business yields a good profit.
2. There are a lot of companies making Biofertilizers, but the demand is much more than the supply, so the business will perform pretty well.
3. As the raw materials are a natural waste, they are obtained in abundant quantities at a fairly cheap price.
4. It is an environment-friendly process. It helps the environment to get rid of unwanted waste.
5. Biofertilizers are very good for the plants. They are free from toxins.

Risks

1. The plant must be situated near agricultural areas for easy transportation of the fertilizers.
2. The business needs to be registered.
3. The business needs to strictly adhere to the government regulations.
4. The offensive odour and gas need to be managed.
5. A large amount of investment is required.

Entrepreneurial qualities

Any person venturing into this business must be ready to invest a good amount of money. Good communication skills and interpersonal relations will help in obtaining waste material through various channels. Special care must be taken to package the products well to enhance the sale.

Conclusion

Investing in a small-scale biofertilizer plant is an excellent option to earn a good profit because the demand is huge, and the raw materials are available freely. Though the initial cost to set up the plant is more, good marketing strategies will help to run a profitable business in no time.

Product/Service description

To start a small-scale leather processing factory to process the skin of different animals and supply the finished product to different leather goods manufacturing units. The factory will have an approximate capacity of 2,800 sq ft and can process around 140 animal skins per day.

Market scope/potential

Leather...

Product/Service description

To start a small-scale leather processing factory to process the skin of different animals and supply the finished product to different leather goods manufacturing units. The factory will have an approximate capacity of 2,800 sq ft and can process around 140 animal skins per day.

Market scope/potential

Leather processing is an old business in India. It is highly profitable because there is a huge demand for high-quality leather goods in the market. Apart from the domestic demand, leather goods also enjoy a demand in the international markets. From a long time, India has been exporting high-quality leather and...

Product/Service description

To start a small-scale leather processing factory to process the skin of different animals and supply the finished product to different leather goods manufacturing units. The factory will have an approximate capacity of 2,800 sq ft and can process around 140 animal skins per day.

Market scope/potential

Leather processing is an old business in India. It is highly profitable because there is a huge demand for high-quality leather goods in the market. Apart from the domestic demand, leather goods also enjoy a demand in the international markets. From a long time, India has been exporting high-quality leather and leather goods to countries like Korea, Germany, China, and many others. However, there are places in India where the amount of animal skin produced is still not being optimally utilized. Therefore, a leather processing business can not only utilize the animal skin optimally but also do a good business and add to the country’s revenue.

Opportunities

1. Good business scope is available in our country due to a huge demand in the Indian as well as the international markets.

2.  Animal skin is available in huge quantities in our country.

3. Introduction of new technologies has helped in the improvement in the quality of the leather.

4. Favorable government policies have helped in enhancing the leather processing business.

Risks

1. The availability of land in an industrial area is a must.

2. Since a leather processing unit produces a lot of waste, an effluent treatment plant must be established along with the processing unit.

3. Permission from the Pollution Control Board is required before starting the business.

4. The process of leather tanning has health hazards.

5. Transportation facility is a must.

Entrepreneurial qualities

A person who wants to establish a leather processing unit must have a good capital. He/she must have the knowledge of all the government policies required to start this business. Good contacts can help in the procurement of umpteen raw materials. Thorough market research is required to sell the finished product at reasonable profits.

Conclusion

A leather processing unit is a profitable business idea if there is an availability of proper land, good amount of raw materials and skilled employees. Appropriate waste management is also crucial in this field.

Product/Service Description

This business deals with the installation and maintenance of swimming pools in residential areas, commercial complexes and other communities.

Market Scope/ Potential

Swimming pools have now become a very common sight in residential complexes and other commercial areas. As the lifestyle of people has improved, they are ready...

Product/Service Description

This business deals with the installation and maintenance of swimming pools in residential areas, commercial complexes and other communities.

Market Scope/ Potential

Swimming pools have now become a very common sight in residential complexes and other commercial areas. As the lifestyle of people has improved, they are ready to invest in facilities like swimming pools, which were earlier considered a luxury. People with larger private houses are also opting for customized swimming pools with creative designs and lightings. Once the pool is installed, it also needs regular cleaning and maintenance. Therefore, venturing into a swimming pool business is...

Product/Service Description

This business deals with the installation and maintenance of swimming pools in residential areas, commercial complexes and other communities.

Market Scope/ Potential

Swimming pools have now become a very common sight in residential complexes and other commercial areas. As the lifestyle of people has improved, they are ready to invest in facilities like swimming pools, which were earlier considered a luxury. People with larger private houses are also opting for customized swimming pools with creative designs and lightings. Once the pool is installed, it also needs regular cleaning and maintenance. Therefore, venturing into a swimming pool business is a profitable idea.

Opportunities

1.  The business has great future potential.

2.  Though the competitors in the field are increasing, there’s still a demand for skilled people who can install and maintain swimming pools with responsibility.

3.  The investment required is less.

4.  The business yields good returns.

Risks

1.  The business needs to be registered.

2.  Skilled workers are required for the job.

3.  Good networking is required to grow the business.

4.  The business must be grown fast to earn good returns.

5.  Specific equipment must be bought.

6.  A warehouse is needed to store the equipment and surplus construction items.

Entrepreneurial qualities

This business majorly depends on the skills of the workers and not the capital. Therefore, any person venturing into the business must have a basic plumbing skill. Experience in swimming pool installation will help a lot. The person should also have good networking skills to grow the business fast.

Conclusion

With the rise in the demand of the swimming pools, it is estimated that the business has a great future. Therefore, anyone wanting to start the business must know that this is the right time to take the plunge.

Product/service description

The business aims at helping people to find out good real estate properties like houses, offices, shops, and land.

Market Scope/Potential

Real estate brokerage business has been an old and renowned business for years. Though it involves a great deal of hard work and greatly depends on building...

Product/service description

The business aims at helping people to find out good real estate properties like houses, offices, shops, and land.

Market Scope/Potential

Real estate brokerage business has been an old and renowned business for years. Though it involves a great deal of hard work and greatly depends on building good contacts with real estate owners, it eventually helps the real estate agent to earn a great deal of profit.

Opportunities

1. Less investment is required to start the business.

2. It enables the person to work independently and enjoy complete freedom.

3. Good real estate deals yield great profit....

Product/service description

The business aims at helping people to find out good real estate properties like houses, offices, shops, and land.

Market Scope/Potential

Real estate brokerage business has been an old and renowned business for years. Though it involves a great deal of hard work and greatly depends on building good contacts with real estate owners, it eventually helps the real estate agent to earn a great deal of profit.

Opportunities

1. Less investment is required to start the business.

2. It enables the person to work independently and enjoy complete freedom.

3. Good real estate deals yield great profit.

4. The advent of technology has greatly helped the real estate agents to locate good business deals accurately.

5. Real estate business has been rising continuously and has a great future.

Risks

1. It requires a great deal of hard work to establish a good name in the market.

2. A good number of contacts are required to allure the customers and offer them a satisfactory deal.

3.  All real estate agents must be registered under the Real Estate Regulation Act 2016.

4. Good marketing strategies can help the agent to build a good reputation.

5. Proper training in the field of brokerage will be an added advantage.

Entrepreneurial qualities

A person who aspires to be a real estate agent and wants to start a business in the same field will benefit if he/she has professional training in the field of real estate brokerage. Though the investment required is small, a great deal of hard work and a good relationship with real estate owners is required to establish a successful business. Marketing strategies like creating an attractive website, having the office at a good location, establishing a good reputation will have a positive impact on the business.

Conclusion

Real estate brokerage business has a very good future prospect if the person starting the business is passionate about learning the marketing skills, is through with the market research, has good contacts with real estate owners and is ready to work hard.

Product/service description

The business focuses on providing cleaning services to houses, apartments and residential complexes. It mainly deals in deep cleaning services that are difficult to achieve on a daily basis.

Market Scope/Potential

Until now, people had been cleaning their homes on their own or hiring a person to assist...

Product/service description

The business focuses on providing cleaning services to houses, apartments and residential complexes. It mainly deals in deep cleaning services that are difficult to achieve on a daily basis.

Market Scope/Potential

Until now, people had been cleaning their homes on their own or hiring a person to assist them in the daily cleaning. Recently, the concept of deep cleaning the entire house is gaining much popularity in the big cities. Owing to the lack of time and energy, people have started preferring professional cleaners for cleaning of the entire house, which includes cleaning furniture and bathrooms too. This...

Product/service description

The business focuses on providing cleaning services to houses, apartments and residential complexes. It mainly deals in deep cleaning services that are difficult to achieve on a daily basis.

Market Scope/Potential

Until now, people had been cleaning their homes on their own or hiring a person to assist them in the daily cleaning. Recently, the concept of deep cleaning the entire house is gaining much popularity in the big cities. Owing to the lack of time and energy, people have started preferring professional cleaners for cleaning of the entire house, which includes cleaning furniture and bathrooms too. This business gives an opportunity to make some good profit.

Opportunities

1. The business can be started with a low investment.
2. As the business grows, the profit margin is good.
3. This can be started as a full-time or part-time business.
4. No special skills are required to start the business.
5. Though there are some established players in the market, there is still scope for others to enter the same field.
6. The business has a good scope of growth and expansion.

Risks

1. Presently, this business has gained popularity only in bigger cities.
2. The business can be started only after getting registered and securing a license.
3. Good online marketing works well in advertising the business.
4. Since the business depends on the service providers (cleaners), managing them can become a little difficult if the staffs do not cooperate.

Entrepreneurial qualities

To start this business, one does not require any special skill. All that is required are some simple machines, a handful of expert cleaners, few chemicals, and small office space. However, marketing and managing skills of the business person should be up to the mark. Good networking with residential complexes, builders and house owners can help in securing good business deals.

Conclusion

As this is an emerging field, there is a lot of scope for the business to grow. Commitment, hard work and quality services can help the business to gain popularity.

Product/Service Description

The business focuses on the manufacture of petroleum jelly on a small scale and its sale to wholesalers, retailers and online customers.

Market Scope/Potential

Petroleum jelly is an essential ingredient in many cosmetics and skin lotions. It is used for making skin creams, hair gels, pain balms, cold...

Product/Service Description

The business focuses on the manufacture of petroleum jelly on a small scale and its sale to wholesalers, retailers and online customers.

Market Scope/Potential

Petroleum jelly is an essential ingredient in many cosmetics and skin lotions. It is used for making skin creams, hair gels, pain balms, cold creams and vaporous. The manufacturing process of petroleum jelly is relatively simple and can be started without much fuss. Since the finished product is already popular and enjoys a good demand in the market, any business that focuses on proper marketing strategies can make a good profit.

Opportunities

1) Less...

Product/Service Description

The business focuses on the manufacture of petroleum jelly on a small scale and its sale to wholesalers, retailers and online customers.

Market Scope/Potential

Petroleum jelly is an essential ingredient in many cosmetics and skin lotions. It is used for making skin creams, hair gels, pain balms, cold creams and vaporous. The manufacturing process of petroleum jelly is relatively simple and can be started without much fuss. Since the finished product is already popular and enjoys a good demand in the market, any business that focuses on proper marketing strategies can make a good profit.

Opportunities

1) Less capital investment is required.

2)  It does not need a lot of real estates to open a small-scale factory.

3)  Raw materials are readily available.

4)  Petroleum jelly has a good demand in the market.

Risks

1)  Registration and licensing requirements with the government regulatory authority are cumbersome.

2)  There are several established players already in the market.

3)  Special equipment like emulsifiers is needed for the manufacture of the product.

4)  Quality control tests need to be taken to ensure that the finished product is not harmful to skin and hair.

Entrepreneurial qualities

Any person interested in starting this business must have experience in the chemical industry. He/she should do thorough market research to identify the prospective customers and existing competitors. Advertising through word of mouth, television, and newspapers can help in growing the business gradually.

Conclusion

Since there is a growing demand for petroleum jelly in the market, starting its manufacturing business is a good idea. It does not require much capital and can perform well with proper marketing strategies.

Product/service description

The business focuses on the export of leather footwear, garments and other goods to the USA and Germany.

Market Scope/Potential

The export and import business is highly profitable. Since India is one of the largest producers of leather goods, it has been exporting these items to different countries...

Product/service description

The business focuses on the export of leather footwear, garments and other goods to the USA and Germany.

Market Scope/Potential

The export and import business is highly profitable. Since India is one of the largest producers of leather goods, it has been exporting these items to different countries since long. For the USA, China has been the number one exporter of the leather goods from a long time, however, recently the USA has also started preferring India’s goods because of its good quality and cheap prices. Therefore, a business in this field is lucrative and can fetch good...

Product/service description

The business focuses on the export of leather footwear, garments and other goods to the USA and Germany.

Market Scope/Potential

The export and import business is highly profitable. Since India is one of the largest producers of leather goods, it has been exporting these items to different countries since long. For the USA, China has been the number one exporter of the leather goods from a long time, however, recently the USA has also started preferring India’s goods because of its good quality and cheap prices. Therefore, a business in this field is lucrative and can fetch good profits.

Opportunities

1. The investment required can vary depending on the size of the business.
2. The business yields good profits.
3. The introduction of e-commerce has enhanced the scope of the business.

Risks

1. The business should be registered and an IEC (Import Export Code) must be obtained.
2. Sometimes there’s a risk of loss of payment or loss of goods.
3. Good contacts need to be maintained with the manufacturers who will supply the goods for export.
4. Since the goods are being exported outside the country, the exporters need to deal with different language and culture of the country.

Entrepreneurial qualities

Any person wanting to start the export of leather goods must do a complete market research before taking the plunge. Prospective customers and demands must be mapped out carefully. Though the investment required initially is not much, one does need a good capital to expand the business. Good networking will help in obtaining the goods from the manufacturers at a reasonable price.

Conclusion

Export business is an excellent way of making good money. Once the government formalities are fulfilled, a person can start a full-fledged export business. Keeping an eye on the market can help in doing a good business.

Product/Service Description

Establishing a small-scale industry to manufacture laundry detergent and dishwashing liquid that will later be sold to wholesalers and retailers.

Market Scope/Potential

Detergents and dishwashing liquids are one of the highly demanded items in the chemical industry sector. A recent survey states that the demand of these products...

Product/Service Description

Establishing a small-scale industry to manufacture laundry detergent and dishwashing liquid that will later be sold to wholesalers and retailers.

Market Scope/Potential

Detergents and dishwashing liquids are one of the highly demanded items in the chemical industry sector. A recent survey states that the demand of these products will rise even more in the coming decade because of the increase in population. It is comparatively easy to enter into this venture because the manufacturing unit can be established on a small scale. People are not very brand conscious while buying these commodities, so a new brand can easily...

Product/Service Description

Establishing a small-scale industry to manufacture laundry detergent and dishwashing liquid that will later be sold to wholesalers and retailers.

Market Scope/Potential

Detergents and dishwashing liquids are one of the highly demanded items in the chemical industry sector. A recent survey states that the demand of these products will rise even more in the coming decade because of the increase in population. It is comparatively easy to enter into this venture because the manufacturing unit can be established on a small scale. People are not very brand conscious while buying these commodities, so a new brand can easily create its place in the market.

Opportunities

1.  Detergents and dishwashing liquids are in a great demand.

2.  A small-scale manufacturing unit can be established with a less capital.

3.  People are not brand obsessed while buying these commodities.

4. These commodities are non-perishable, so they can be stored easily.

5.  A 1000 sqft. space is enough to open the manufacturing unit.

Risks

1. There’s a huge competition in the market.

2.  The manufacturing unit should be established in an industrial area.

3. Transportation facility is required to carry the finished products from factories to shops.

4. Different kinds of license are required to start a chemical industry.

Entrepreneurial qualities

It would be beneficial if the person entering the business has a previous experience in the chemical industry or is a chemical engineer. Apart from this, the person should also have a smart business plan that can enable him/her to compete with the already established brands in the market. Advertising the product through digital and print media can also help in increasing sales.

Conclusion

Since detergents and dishwashing liquids are in high demand in the market, establishing a small-scale manufacturing unit for this commodity gives an opportunity to do a good business and earn a great profit. However, competitors and marketing strategies must be taken care of.

Product/Service Description

This business deals with the sale and installation of a variety of ceramic tiles and caters to the needs of both individual and bulk orders.

Market Scope/Potential

Ceramic tiles are widely used in houses, hospitals and offices. Their demand has been on a rise recently because of their...

Product/Service Description

This business deals with the sale and installation of a variety of ceramic tiles and caters to the needs of both individual and bulk orders.

Market Scope/Potential

Ceramic tiles are widely used in houses, hospitals and offices. Their demand has been on a rise recently because of their durability and easy maintenance. A showroom that exhibits a variety of tiles and provides installation services can do well in the market if it focuses on the networking and is on a lookout to add creativity to the business.

Opportunities

1.  There is a constant demand for ceramic tiles.

2....

Product/Service Description

This business deals with the sale and installation of a variety of ceramic tiles and caters to the needs of both individual and bulk orders.

Market Scope/Potential

Ceramic tiles are widely used in houses, hospitals and offices. Their demand has been on a rise recently because of their durability and easy maintenance. A showroom that exhibits a variety of tiles and provides installation services can do well in the market if it focuses on the networking and is on a lookout to add creativity to the business.

Opportunities

1.  There is a constant demand for ceramic tiles.

2.  Low capital is required to start the business.

3. There is an opportunity to keep adding new varieties of tiles to the stock. The popularity of the business majorly depends on the quality of the stock and the promptness of the installation service.

Risks

1. Competition is more, so marketing plans should be good.

2. Transportation facilities should be available to transport bulky orders from the showroom.

3. The showroom must be big and attractive to display different designs of tiles artistically.

Entrepreneurial qualities

A person who enters this business must have good networking skills. He/she should maintain a good relationship with contractors and builders who can give bulk orders. New designs of tiles must be introduced continuously in order to remain ahead of the competitors. Transportation and installation services must also be monitored carefully.

Conclusion

Ceramic tiles business has good prospects if the competitors are closely observed, market trends are religiously followed, and the stock is regularly upgraded in terms of quality and designs.

Product/Service description

The business aims at creating beautiful ceramic artwork and selling them at flea markets, art exhibitions, and online.  It also trains people to create ceramic art. The studio also encourages people to visit the place just for fun, relaxation and to enjoy a unique creative experience.

Market Scope/Potential...

Product/Service description

The business aims at creating beautiful ceramic artwork and selling them at flea markets, art exhibitions, and online.  It also trains people to create ceramic art. The studio also encourages people to visit the place just for fun, relaxation and to enjoy a unique creative experience.

Market Scope/Potential

The Ceramic studio business is a unique venture involved in creating and selling ceramic artwork. It is a good option for people who appreciate handicrafts. Moreover, since the business also trains the people, many would love to pursue this art in the form of a hobby. It would be a...

Product/Service description

The business aims at creating beautiful ceramic artwork and selling them at flea markets, art exhibitions, and online.  It also trains people to create ceramic art. The studio also encourages people to visit the place just for fun, relaxation and to enjoy a unique creative experience.

Market Scope/Potential

The Ceramic studio business is a unique venture involved in creating and selling ceramic artwork. It is a good option for people who appreciate handicrafts. Moreover, since the business also trains the people, many would love to pursue this art in the form of a hobby. It would be a good way to relax and take a break from the daily chores. The studio also offers a one-day trip for those who enjoy the art and want to have a hands-on experience at creating ceramic artwork themselves. Since the present generation is always on a lookout for something creative, a ceramic studio will definitely grab their attention.

Opportunities

1.  It is perfect for creative people who want to earn money while following their passion.

2.  It is a new idea, so there’s not much competition yet.

3.  It does not require much investment.

4.  The innovative business will give people a chance to learn something creative.

5.   It will help to revive the long-lost art form of our country.

6.  It can provide employment to potters and artisans.

7.  A visit to this place can be a fun learning experience for kids as well as adults.

Risks

1.  The business should be registered.

2.  The business can yield a good profit only if smart marketing strategies are incorporated.

3.  Skilful potters and artisans are required to make the business a hit.

4.  The studio must be quite spacious to accommodate a good number of people at a time.

5.   The business must take part in art exhibitions and other handicraft events for promotion.

Entrepreneurial qualities

Venturing into this business needs a person to be passionate about art. A training in the field of pottery making will be an added advantage. The person should know how to generate money through art in a creative way. Innovative marketing ideas and networking will help people to know about the business and appreciate it.

Conclusion

The business is all about generating income through art. It is a unique idea and not much popular at present. Proper planning will help the business to grow.