Business Ideas

Product/service description

Bulk buying and reselling business focuses on buying stuff from liquidation websites and warehouses and selling them in exhibitions or temporary shops. This business will either be started...

Product/service description

Bulk buying and reselling business focuses on buying stuff from liquidation websites and warehouses and selling them in exhibitions or temporary shops. This business will either be started part-time or full-time. The goods will be bought at a very cheap rate. The sale will go on only till the stock lasts. Most of...

Product/service description

Bulk buying and reselling business focuses on buying stuff from liquidation websites and warehouses and selling them in exhibitions or temporary shops. This business will either be started part-time or full-time. The goods will be bought at a very cheap rate. The sale will go on only till the stock lasts. Most of the products will be available at a discounted price. The quality of the products will be good.

Market scope/potential

Numerous stores and businesses open and shut down regularly. Online shopping sites also have a lot of customer return products.  Now, all these products need to be sold somehow. This is where bulk buying and reselling business comes into the picture. These businesses buy the liquidation products in bulk at a very cheap rate and sell them in an exhibition or by putting up temporary stalls. Customers love buying these products because they are available at a cheap rate and are of pretty good quality. Businesses like these can make good money.

Opportunities

1. The business can be started as a part-time or full-time venture.
2. The initial investment is pretty low.
3. Since these products are already discounted, they do not come with a return or exchange policy. So, entrepreneurs are saved from any kind of responsibilities.
4. There's good profit in this business.

Risks
1. There's a lot of competition in this field so one needs to do proper market research before starting it.
2. A lot of market knowledge is required to buy products at a good deal.
3. Good social connections are required to sell the products in exhibitions and temporary outlets.

Entrepreneurial qualities
A person who wants to start bulk buying and reselling business must be able to do proper market research to find out the best deals. There a lot of  online sites and warehouses that sell liquidation products but not all are genuine. Apart from this good social contact is necessary to set up a temporary stall in exhibitions or market areas. The entrepreneur must also know marketing strategies to promote the business.

Conclusion
Bulk buying and reselling business helps to sell the rejected products from shops and online sites. These businesses require less capital and if the products are good, they earn good profit.

Product/service description

The after-school sports training business deals with teaching any particular type of sport to the students after school hours. Students will be divided into small groups and will be trained...

Product/service description

The after-school sports training business deals with teaching any particular type of sport to the students after school hours. Students will be divided into small groups and will be trained daily for an hour. A few basic equipment will be provided in the class, but for better performance, students will be...

Product/service description

The after-school sports training business deals with teaching any particular type of sport to the students after school hours. Students will be divided into small groups and will be trained daily for an hour. A few basic equipment will be provided in the class, but for better performance, students will be advised to bring their own sports equipment. The class will be conducted in a school playground, sports stadium or an apartment campus.

Market scope/potential

These days, parents prefer to put their children in after-school activities, where they can develop extra skills. Sports training is one of those activities that is highly appreciated by most of the parents. Looking at the demand, it is clear that after-school sports training is a wonderful business opportunity for those who know some kind of sports and are ready to spend a few hours training the students. If the classes are regular and the training is good, the business will be highly profitable.

Opportunities

1. This is a wonderful opportunity for people who are passionate about sports.

2. It can be started as a part-time business.

3. Less investment is required to start this business.

4. Classes can be held only for a few hours, so people who just have a few hours to invest can easily start this business.

5. This business can involve a lot of fun and entertainment.


Risks

1. This business requires a lot of initial promotion.

2. Sports training must be good so that the students benefit from the class.

3. There is a lot of competition in this field.

4. Proper training modules should be made to keep the entire process systematic.

5. Different kinds of competitions must be arranged from time to time to give the students the much-needed exposure and practice.

6. Safety of the students must be ensured to reduce unpleasant accidents while playing sports.

Entrepreneurial qualities

Any person who wants to start an after-school sports training business must be passionate about sports. He/she should be properly trained in any particular type of sports. Ability to deal with children is very essential. It is also important to have good social skills to promote the business well.

Conclusion

An after-school sports training is a good business opportunity that can either be started as a full-time or a part-time venture. If the business is run systematically and the training is good, people will be allured towards it. A good promotion will further help in gaining more students and earning a good profit.

 

Product/service description

The landscaping business focuses on keeping the outdoor spaces well-groomed and decorated. The business specialises in almost all kinds of services like lawn mowing, designing a garden...

Product/service description

The landscaping business focuses on keeping the outdoor spaces well-groomed and decorated. The business specialises in almost all kinds of services like lawn mowing, designing a garden, applying fertilizer/pesticides, landscape care and maintenance, etc. The business also helps in designing and...

Product/service description

The landscaping business focuses on keeping the outdoor spaces well-groomed and decorated. The business specialises in almost all kinds of services like lawn mowing, designing a garden, applying fertilizer/pesticides, landscape care and maintenance, etc. The business also helps in designing and decorating other outdoor spaces like patios, walkways, courtyards, etc.

Market scope/potential

A landscaping business is very popular and has good growth opportunities because every big or small outdoor area needs to be planned and groomed. Growing trees and plants not only creates beautiful surroundings but also helps us to keep the environment clean and healthy. Everyone is not trained to select different plants and grow them in an aesthetically pleasing manner. So, it is best to hire landscapers who can create joyful green surroundings. If properly promoted, landscaping is a profitable start-up business idea.

Opportunities

1. It is a popular business with good opportunities.
2. A moderate investment is required to set up the business.
3. If properly promoted, a landscaping business can yield a good profit.
4. It can be started on a small scale by getting in touch with smaller clients and can be expanded as the business gains popularity.
5. Once the landscaping is completed, the business might also earn profit by providing maintenance services to the clients.

Risks

1. There's a lot of competition in this field, so a business that provides good service at a reasonable price can grow faster.
2. Previous knowledge and experience in the field of landscaping will help tremendously in the growth of the business.
3. Extensive online and offline promotion is very important to make landscaping business a success.
4. A team of experienced landscapers and gardeners are required to run the business.

Entrepreneurial qualities

Anyone who wants to start a landscaping business must have previous knowledge in this field. A professional degree or a work experience in the field of landscaping is beneficial for the growth of the business. The entrepreneur must be ready to put in long hours of hard work during the beginning of the venture. Good social skills are required to promote the business well.

Conclusion
If a person is good with plants and knows how to decorate an outdoor space, a landscaping business idea is a great way to earn profit by doing something that one loves. Once the business starts doing well, it will yield a good profit.

 

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...

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...

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.

Product service description

The business focuses on making beads and stones jewellery and selling them...

Product service description

The business focuses on making beads and stones jewellery and selling them at jewellery shop, craft exhibitions, flea markets, to general customers, friends and family, and also...

Product service description

The business focuses on making beads and stones jewellery and selling them at jewellery shop, craft exhibitions, flea markets, to general customers, friends and family, and also online.

Market Scope/Potential

These days, women love to match their jewellery with their dresses. There are different kinds of beads and stone jewellery being made for different occasions. The jewellery available at high-end fashion stores are very expensive. A person who is skilled at making customised jewellery can easily start a profitable business with little investment.

Opportunities

There is a huge demand for beads and stone jewellery.

Little investment is required.

There is a lot scope to add creativity and make various kinds of jewellery.

You also have the option of customising the jewellery as per demand.

There is a scope of growth if the demand increases.

Risks

Competition is more so a lot of advertisement is required to promote the business.

Long hours of dedicated work is required to make the jewellery.

The jewellery should be of a high quality and with a professional finish.

Profit margin is not very huge unless and until one gets a bulk order of jewellery.

Entrepreneurial qualities

Any person who wants to get into the jewellery making business should be skilled in the art of making jewellery. He/she should also be able to put in long hours of dedicated hard work in creating professional looking jewellery.

Conclusion

Jewellery making is a profitable business if a person is skilled in the craft. Setting good prices for the jewellery and effective marketing can help the business to grow.