Business Ideas

Product/service description

The business deals with setting up a manufacturing unit to make bulletproof vests that can be worn by the soldiers, army officers, special protection officers, and other...

Product/service description

The business deals with setting up a manufacturing unit to make bulletproof vests that can be worn by the soldiers, army officers, special protection officers, and other important personnel.

Market Scope/Potential

Bulletproof vests are a type of armour...

Product/service description

The business deals with setting up a manufacturing unit to make bulletproof vests that can be worn by the soldiers, army officers, special protection officers, and other important personnel.

Market Scope/Potential

Bulletproof vests are a type of armour that provides protection from different kinds of bullets. In the recent years, the increased number of attacks has led to the demand of good quality bulletproof vests that can be worn by security providers, soldiers and other important people who feel that their life is at a risk. A business that specializes in the manufacture of bulletproof vests can be profitable if the products are of a good quality.

Opportunities

1. The need for bulletproof vests has increased in recent years, due to an increase in the need of security at various kinds of organization.
2. It helps to reduce our dependency on foreign goods.
3. It helps our soldiers to be better prepared against any attack.

Risks

1. The business needs special registration and license.
2. Since the business is at a very nascent stage, it still requires a lot of research before manufacturing the product.
3. Quality control tests are a must.

Entrepreneurial qualities

Any person wishing to start this business must understand the importance of the product and the need of the people who will be using the defence equipment. Being a critical equipment, its quality should be monitored closely. A previous experience in this field can prove beneficial.

Conclusion

The business is one of the most emerging fields in our country. Looking at the present situation, the demand is going to increase in the future.

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 starting a security...

Product/service description

The business focuses on starting a security agency that will provide security guards to offices, private organizations, shopping complexes, housing areas and...

Product/service description

The business focuses on starting a security agency that will provide security guards to offices, private organizations, shopping complexes, housing areas and individuals.

Market Scope/Potential

Since the crime in our country is rising at an alarming rate, the need of security has increased drastically. Security guards are the people who are trained to provide safety and deal with dangerous situations. These days, security guards are a common sight everywhere. They effectively fill up gaps that are created when public security or the police are unable to address a situation on time. Starting a security agency is a good way to serve the people and make some profit.

Opportunities

The business is easy to start just with a few people.

Less investment is required.

The business creates employment for people who are interested in maintaining law and order.

Once the business starts performing well, there is a scope of expanding it easily.

Risks

The business should be registered, and a private security agency license must be obtained.

The security guards must be trained regularly.

Initially the profit margin is less.

Before appointing the security guards, a complete background check must be done to ensure that the person is genuine.

Entrepreneurial qualities

This business is suitable for people who are interested in maintaining law and order. Any person who has a previous experience in the field of law enforcement can establish this business successfully. Retired personnel of army, police or air force can also start this business. Training the security guards is the main challenging task that one must take care of.

Conclusion

Establishing a private security agency is a good business opportunity that can be started either full-time or a part-time with less investment. Smart networking with different kinds of organizations can help in securing good deals.

Product/Service description

This business aims at...

Product/Service description

This business aims at setting up a microbrewery that prepares fresh beer in different flavors. The freshly brewed beer is free from...

Product/Service description

This business aims at setting up a microbrewery that prepares fresh beer in different flavors. The freshly brewed beer is free from preservatives, as it is not bottled or stored and can be had right from the barrel.

Market Scope/Potential

The concept of microbrewery is new in India. At present, only a few states have introduced microbreweries, however the trend is catching up soon and people are liking the taste of the authentic freshly brewed beer over the bottled variety that is mass-produced in the big breweries. Thus, setting up a microbrewery business has great prospects in the present scenario.

Opportunities

The beer produced is of a far better quality than the bottled ones. They do not have any preservatives and are available in several unique flavors.

It gives a great opportunity to passionate people to craft their own beer by experimenting with different flavors.

Competition is less, as this concept is still in its infancy.

The demand of beer is increasing rapidly, as the Indian population has started appreciating it for its unique flavor.

Risks

Huge capital is required to start the business.

Special training is required to learn the basics of brewing.

Waste management should be planned effectively.

Proper market research needs to be done before entering into the venture.

The license and the registration might take a lot of time.

Indian government has some stringent rules to abide by when it comes to breweries and distilleries.

People still appreciate spirit more than beer. However, the trend is changing fast.

The production of beer takes seven hours.

Entrepreneurial qualities

Anybody with an aim to start a microbrewery must be ready to invest a huge amount of capital. He/she must have the passion to create beer in unique flavors. A basic training in the field of brewing is also essential. Marketing strategies need to be perfect so as gain as much profit as possible. A visit to the already existing breweries outside India can give an idea of how a real microbrewery function.

Conclusion

A microbrewery has a huge business potential in the next five years but it needs a lot of capital and proper market research.

Product/service description

The business deals with providing pest control...

Product/service description

The business deals with providing pest control services to restaurants, factories, hospitals, offices and houses. It helps in controlling different kinds of pests...

Product/service description

The business deals with providing pest control services to restaurants, factories, hospitals, offices and houses. It helps in controlling different kinds of pests and rodents like cockroaches, ants, mosquitoes, rats, lizards, etc.

Market Scope/Potential

Pest control business has become very popular lately. Since the services provided are very useful, there is an overwhelming demand for this business in cities as well as villages. Pests and rodents are notorious little creatures that can cause serious problems. Regular pest control services help them to stay under control and not cause a havoc.

Opportunities

Less investment is required to start the business.

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

Pest control services have a great demand.

Risks

Special training is required to learn the techniques of pest control.

As the business deals with dangerous chemicals, special license is required to start the business.

The pest control technicians can face health hazards if they are not careful while handling the chemicals.

Entrepreneurial qualities

It’s beneficial if the person starting the business has a previous experience in the field of pest control. A training in this field is also mandatory. However, if the person wishes to start the business without prior knowledge in the field, he/she must hire competent staffs who are well- trained to do the job. Effective marketing skills will also contribute towards the growth of the business.

Conclusion

Pest control business is rapidly becoming popular all over the country. Since it is also a profitable field that requires less investment, venturing into this business is a good idea.

Product/Service Description

This business deals...

Product/Service Description

This business deals with the transportation of perishable items like milk, fruits, vegetables, meat and flowers from one place to another...

Product/Service Description

This business deals with the transportation of perishable items like milk, fruits, vegetables, meat and flowers from one place to another within and outside the state.

Market Scope/Potential

With the growth of online food delivery apps, there is a growing need for instant delivery of perishable items like food, milk, milk products and flowers. Some of the food items need to be sourced from a distant location because they are unavailable at the required location. In such cases, there is a demand for transportation of these perishable items from one location to another in a short span of time, without compromising on the quality of the food items.

Opportunities

Since this is an upcoming business, there are no big players in the market.

Tie-up with online and retail food chains can ensure constant business cashflow.

The business ensures a good profit.

Risks

It is understood that there will be a certain degree of wastage because of the nature of perishable items

Significant capital investment is required.

Maintenance of the equipment and vehicles used for transportation is costly.

Most of the perishable goods need to be carried under a temperature-controlled environment, so the transportation vehicles must have the required facilities.

Entrepreneurial qualities

A person involved in the transportation business must understand that this job requires a great deal of responsibility and hard work. He/she should also have the required capital to invest. Being in a good relationship with the retailers, wholesalers and other customers is indispensable to ensure a continuous flow of business opportunities.

Conclusion

Venturing into the transportation business is a good idea if a person has the required capital, passion to put in a lot of hard work and ability to develop a good interpersonal relationship with other businesses.

Product/service description

Involving children, unemployed adults and women in making different...

Product/service description

Involving children, unemployed adults and women in making different kinds of handicraft products to be sold in the high-end stores and utilise the profit for the benefit of needy children (to...

Product/service description

Involving children, unemployed adults and women in making different kinds of handicraft products to be sold in the high-end stores and utilise the profit for the benefit of needy children (to provide food, clothing, housing and education)

Market Scope/Potential

There are many children who are in the need of help. The NGO is usually involved in the care of these children. Apart from getting grants from big companies, the profit from handicraft business will help the NGO to raise funds for the social service. If the NGO does a good business the extra money will also help it to earn extra profit.

Opportunities

The business is exempted from certain kinds of taxes.

Good opportunity for philanthropists to invest their money into some kind of good work.

Provides employment to many people in need.

More profit in the business helps in the growth of the NGO and thus enables it to serve the society in a better way.

The business allows other people to know about the handicrafts that has long been forgotten. Thus, it helps the rich heritage of our country to grow.

Risks

Convincing people to participate in the business is challenging.

There is a competition among all the NGOs to acquire the best investors so as to get maximum funds.

Merging business into NGO is a difficult thing to do. There has to be a proper business plan with good marketing and a proper board of members to take care of the business.

Entrepreneurial qualities

A person who wants to associate an NGO with a business needs a good planning to merge the two different kinds of jobs effectively. He/she should have good communication skills and an excellent interpersonal relationship to acquire the required funds from the investors. A person who has a good experience in market research will be able to do a good business and also serve the needy.

Conclusion

NGO has good business opportunities if the two kinds of jobs merge well with each other. It also allows people to get involved in social service and work for the upliftment of the society.

Product/service description

The business focuses on setting up a preschool in...

Product/service description

The business focuses on setting up a preschool in a residential area of the city. It also provides daycare facilities and after school tuitions. The curriculum is well...

Product/service description

The business focuses on setting up a preschool in a residential area of the city. It also provides daycare facilities and after school tuitions. The curriculum is well suited to cater to needs of working parents too.

Market Scope/Potential

Preschool is one such field that has gained momentum in the recent years. Since the children from age 3 to 6 years are highly impressionable, it is important to give them the right kind of care and support. The initial schooling days are more about learning life skills and preschools are an expert at doing just that. Parents want their children to learn in a fun way, and feel safe and loved. A preschool that offers good facility and has a team of well trained and trusted staff can do a great business.

Opportunities

The profit in this field is high.

Being a part of the education field helps to contribute towards the upliftment of the society.

It is a good opportunity for people who love to spend time with children.

It gives a lot of space for creativity.

There is a freedom to customize the curriculum.

Risks

The business needs license and registration.

Good amount of open space is required for the children to indulge in outdoor activities.

Investment required to start the business in more.

Since there is an involvement of small children, the work needs a great deal of responsibility

Special teacher’s training is required to understand and learn the skills to handle young children.

Entrepreneurial qualities

A preschool is more than just a business idea. It is a place where the lives of young children are moulded towards a bright future. Therefore, any person wanting to enter this business must appreciate a kid’s company. The person should have proper training on how to teach the kids in a fun way and handle their small issues. He/she must also have the required capital to start the business. Since the competition is more, marketing strategies must be right in place.

Conclusion

Setting up a preschool is highly profitable. Good marketing strategies will help it to grow. Proper facilities, a good team of staffs, and a safe and secure environment will attract a greater number of admissions.

Product/Service description

Product/Service description

 The business focuses on selling various brands of white and grey cement to retailers and...

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

Provide an overall cleaning solution to hotels which includes cleaning of...

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.  See More

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...

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...

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.

Product/Service description

Sell renowned health supplement and multivitamins online through Amazon. Get in...

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...

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...

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...

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.