Product/service description

The business aims at renting as well as decorating live Christmas trees for homes, offices, shopping malls, and other organization. Delivery of the trees will be provided on the dates specified by the customers. Orders will be taken online, and customers will get the freedom to customize the tree decoration as per their liking. After the festival, the trees will be taken back to the nursery by the business personnel.

Market Scope/Potential

Christmas tree decoration is an age-old tradition and it is gaining more and more popularity in recent years. However, most of the trees that we find around us are artificial. Since real Christmas trees have a charm of their own, it is better to switch over to renting a real tree to enjoy an eco-friendlier Christmas. Therefore, if a business focuses on renting real Christmas trees to people, it will definitely make a huge profit. Providing decoration services will be an added advantage because it will be greatly advantageous to people who are not able to decorate their trees themselves.

Opportunities

1. The business does not have much competition.
2. The profit in this field is good.
3. It is an eco-friendly business.

Risks

1. A team of people is required to assist in the delivery, decoration, and removal of trees.
2. Maintaining the live trees is a little difficult.
3. While in the nursery, the trees must be maintained the whole year by regular watering, manuring, and pruning.
4. Real tees are costlier in comparison to the fake trees.

Entrepreneurial qualities

A person who wants to start this business must have a basic idea about the maintenance of Christmas trees. He /she should be able to build a team to assist in the transfer and decoration of the trees. The person should also have good marketing and networking skills to increase sales.

Conclusion

The live Christmas tree rental business is an innovative idea that will not only help in earning a good profit but also in protecting the environment. If properly marketed, the concept will soon become popular.

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• Approx Investment
  INR 40000 - 50000
• Approx Returns (Monthly)
  60000 - 75000
• Approx Breakeven
  Years 1 - 2

Resources Required

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

These days, as the environment is degrading, growing plants has become a necessity. However, not everyone has a big land to grow trees. People living in apartments and small spaces need plants that can easily be grown in pots and require less effort and maintenance. Therefore, a nursery which specialises in selling plants and other materials mostly suitable for small balconies can flourish easily. Homemade compost is again an elixir for the plants. A nursery that sells genuine homemade compost can make huge profits.

Opportunities

1. The competition is less. Though there are nurseries selling plants and other stuffs, they generally focus on big gardens. Nurseries focusing only on potted plants and small spaces plants are less. Moreover, the supermarkets that sell plants and garden accessories are very costly and not many people can afford them.

2. Not many nurseries sell vegetable seeds that can easily grow in pots. 

3. The investment is less and nursery can be easily started if one has a little backyard space.

4. Initially, the plants can be bought from a whole seller, but later the many of them can be easily propagated at home.

5. Organic compost can easily be made at home by just using kitchen scraps.

Risks

1. Some plants need special care and can die if proper conditions are not given.

2. Watering and fertilizing of plants are necessary and one has to do it diligently.

3. The soil of the pots gets dried up very easily during summer months.

4. There should be a proper place to store decorative pots and garden accessories, otherwise there is a chance of them being spoilt.

5. Plants take time to grow so immediate huge demand of a particular plant cannot be fulfilled.

6. Homemade compost takes about three months to be completely formed, so the production takes time.

7. Seeds can be spoilt by worms if they are not stored properly.

8. Plants can be attacked by pests.

Entrepreneurial qualities

To start a nursery one does not need any specific qualities. Anyone can start a nursery, if he/she owns a land and knows a little about the care of plants, composting, making soil mix and propagating. However, a lot of hard work and discipline is required. A little planning is also required to sort out details like where to buy the wholesale stock from, where to store the surplus products, how to attract the customers and how to aesthetically present the products so that people are encouraged to buy them.

Do's

1. All the plants should be properly watered and fertilized.

2. Store all the seeds, pots and tools in a proper place.

3. Propagation of plants and preparation of compost should be planned well in advance so that the stock is always ready to sell.

Don't

1. Don't buy too many plants at a time. Look at the sale and then decide.

Conclusion

This business is for people who have a little land or backyard space, zeal to work with plants, motivation to remain disciplined and business skills to sell the products.

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• Approx Investment
  INR 30000 - 40000
• Approx Returns (Monthly)
  10000 - 20000
• Approx Breakeven
  Months 6 - 12

Resources Required

Product/ service description

Sell good quality organic milk to nearby homes and hotels. Sell the cow dung to people who make manure, compost or fuel out of it.

Market Scope /Potential

Milk forms the vital food component in each house, so dairy farm business has a good scope in the market if all the factors affecting it are controlled efficiently. Cow dung is also a great source of manure and fuel, if utilised in an eco-friendly way.

Opportunities

Milk is in good demand all over.

It is an eco-friendly business.

This business suits both educated and uneducated people.

This is an old popular business of rural India, which is now having a good hold in urban India too.

The business grows on its own when a new female calf is born.

Risks

The animals need proper care to prevent unnecessary infections.

Good quality fodder should be given to cows to keep them healthy and milk-producing for a long time.

Proper care should be given to the calves.

A lot of investment is required to start the business. A good working capital is also required to keep the business going.

A team of people is required to take care of the animals.

Proper cleanliness and hygiene should be maintained so that the cows are healthy and the milk produced is pure.

Entrepreneurial skills

A person who is starting the business should be well aware of the needs of animals. He/she should be trained in animal management. Availability of open land is also very important if one wants to start a dairy farm. The person should have good capital to invest during the initial phase of the business. The person should also be familiar with waste management so that all the waste produced can be efficiently channelized and used for the right purpose.

Conclusion

This business is for people who love dealing with animals, have sufficient knowledge about the care of cows, have a lot of land and capital to invest and are ready to work hard and be disciplined.

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• Approx Investment
  INR 700000 - 1000000
• Approx Returns (Yearly)
  500000 - 700000
• Approx Breakeven
  Years 2 - 3

Resources Required

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.

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• Approx Investment
  INR 350000 - 500000
• Approx Returns (Yearly)
  300000 - 350000
• Approx Breakeven
  Months 14 - 20

Resources Required