Business Ideas

Product/service description

The business focuses on starting a petrol pump in a busy locality.

Market Scope/Potential

The demand for petrol and diesel is always huge, therefore starting a petrol pump is a...

Product/service description

The business focuses on starting a petrol pump in a busy locality.

Market Scope/Potential

The demand for petrol and diesel is always huge, therefore starting a petrol pump is a highly profitable business. However, before starting the business, petrol companies want the entrepreneurs to fulfill...

Product/service description

The business focuses on starting a petrol pump in a busy locality.

Market Scope/Potential

The demand for petrol and diesel is always huge, therefore starting a petrol pump is a highly profitable business. However, before starting the business, petrol companies want the entrepreneurs to fulfill certain requirements. Once these requirements are fulfilled, a petrol pump can be easily started and operated with very less effort.

Opportunities

1. The business yields a huge profit.
2. Once the petrol pump is started, it requires less effort to continue the business.

Risks

1. It needs huge investment.
2. In an urban area, the size of the land required to start a petrol pump is 800sq.ft. and in rural areas, the size of the land must be 1200 sq.ft to 1600 sq.ft.
3. There are many official formalities that need to be completed before starting this business. 
4. Water and electricity connections are a must before starting a petrol pump.
5. In order to start a petrol pump, it is important to keep an eye on the advertisements of the petrol companies.

Entrepreneurial qualities

Any person who wants to start this business must have a huge capital. He/she must also have land in an area where the petrol company wants to start the business. Once all the requirements are met and permission from the petrol company is received, a petrol pump can be easily started.

Conclusion

A petrol pump business is a highly profitable business, but it needs a lot of official formalities and permission from the petrol company to start the business.

To set up high-tech gaming in a metropolitan city to provide the experience of realistic using new tech-gadgets and software to gamers, students, children, and youth. Gaming cafes these days are loaded with new technologies like AI...

To set up high-tech gaming in a metropolitan city to provide the experience of realistic using new tech-gadgets and software to gamers, students, children, and youth. Gaming cafes these days are loaded with new technologies like AI and VR and innovative gadgets.

Market Scope:

• In the year 2017, the value of the...
    See More

To set up high-tech gaming in a metropolitan city to provide the experience of realistic using new tech-gadgets and software to gamers, students, children, and youth. Gaming cafes these days are loaded with new technologies like AI and VR and innovative gadgets.

Market Scope:

• In the year 2017, the value of the global gaming industry is of $108.9 billion.
• India ranked 17th with a valuation of $818 million and with a CAGR of 11.14%

Opportunities:

• Good Demand
• Less competition
• Less Manpower

Risks:

• Huge investment
• Place of café

Dos:

• Must update with technology and latest gadgets
• Can start as a low budget gaming café with VR headsets (If your location is surrounded by lower income group people)
• Must go for high-end gaming stations and gadgets (If you want to set up in shopping malls or target higher income group)

Don’t:

• Investment too much
• Buy every gadget or game

Entrepreneurial Qualities:

• Updating with technology
• Judgment to attract masses
• A little knowledge of gaming hardware, Software, gadgets, etc.

Conclusion: The place where you want to set up will decide whether you can go with high-end gaming café or low budget station. If you want to earn good profits you must go for high-end gaming stations.

Market Scope/Potential

Stenography is a useful skill that helps a person to translate long conversations into a short language. However, this language is known to only those people who have learned this...

Market Scope/Potential

Stenography is a useful skill that helps a person to translate long conversations into a short language. However, this language is known to only those people who have learned this skill. Every court or private legal organization needs a court reporter or stenographer to translate the proceedings...

Market Scope/Potential

Stenography is a useful skill that helps a person to translate long conversations into a short language. However, this language is known to only those people who have learned this skill. Every court or private legal organization needs a court reporter or stenographer to translate the proceedings with great accuracy. The demand for a court reporter is high and a person can easily start a business to provide this service independently.

Product/service description

It is a small business to assist the court and private organizations in the translation of their proceedings. The court reporter will first work alone and once the business grows, he/she will hire more employees.

Opportunities

1. Not many people have the skill to become a court reporter, so the competition is pretty less.
2. Stenography is a short-term course.
3. A person only needs to study till grade 12 to be eligible to become a court reporter.
4. The investment required to start the business is less, but it helps to earn a good income.
5. The business can be started as a part-time or a full-time opportunity.

Risks

1. The work can become quite stressful.
2. A lot of networking is required to gain clients.
3. The business works on trust, so initially, the income might be less, as it takes time for the clients to build the trust.
4. The work timings are not very flexible and must be adjusted with the time of the court proceedings.

Entrepreneurial qualities

To become a court reporter, a person should complete the education until grade 12 and must be trained in stenography. Networking is very important to grow this business. The person should also take special care to provide quality service to the clients in order to win their trust.

Conclusion

Stenography or court reporter is a lucrative career option with a fair chance to earn a good income. The competition is not too huge. So, if a person is able to handle the work pressure, this becomes a good business opportunity.

Market Scope/Potential

According to research, it has been found out that children’s books sell better than adults’ books. The target customers for children’s books are the parents...

Market Scope/Potential

According to research, it has been found out that children’s books sell better than adults’ books. The target customers for children’s books are the parents, schools, and libraries. If the buyers find the books engaging and attractive, the publishing company will do good...

Market Scope/Potential

According to research, it has been found out that children’s books sell better than adults’ books. The target customers for children’s books are the parents, schools, and libraries. If the buyers find the books engaging and attractive, the publishing company will do good business.

Product/service description

The business will focus on starting a publishing company that will deal with children’s books. It will take care of writing, editing and illustrating the books. The printing services will be outsourced to a printing company.

Opportunities

1. Children’s books have great demand.
2. If the quality of the books is good, the profit will be high.
3. The publishing company will find many interested new writers who would want to get their unique ideas published.
4. Schools and libraries buy children’s books in bulk.

Risks

1. There are a lot of formalities to be completed before starting the business.
2. The editors and illustrators must be skilled enough to create engaging content.
3. An effective marketing strategy is required to promote the business.

Entrepreneurial qualities

Any person who wants to start a publishing company must have a good knowledge of books. The person should be able to build a team of skilled people who can create the best content for readers. He/she should also be aware of the different marketing strategies that will help in promoting the business well.

Conclusion

Starting a children’s book publishing business is a good idea for people who are interested in books and are creative enough to carve unique content for the readers. If the quality of the books is good, the business will be successful.

Market Scope:

• The global 3D animation market size was valued at USD 11.46 billion in 2016
• Tollywood, Bollywood, Cartoon TV channels, Animated Movies, Game developers are clients of...
   

Market Scope:

• The global 3D animation market size was valued at USD 11.46 billion in 2016
• Tollywood, Bollywood, Cartoon TV channels, Animated Movies, Game developers are clients of Animation studios
• Augmented reality/Virtual reality technologies will boost the Animation Industry  See More

Market Scope:

• The global 3D animation market size was valued at USD 11.46 billion in 2016
• Tollywood, Bollywood, Cartoon TV channels, Animated Movies, Game developers are clients of Animation studios
• Augmented reality/Virtual reality technologies will boost the Animation Industry

Description: To set up the Animation studios to provide animation and visual effects which includes 3Dmodelling, Motion graphics, 3Drendering, and VFX (visual effects)

Opportunities:

• Huge Demand
• Less Investment
• Good Profits

Risks:

• Huge competition
• As it is creative work, sometimes it is difficult to reach deadlines

Dos:

• Check existing animation studios’ weakness
• Can start as freelancing
• Can start at home with a group of passionate people

Don’ts:

• Crack software
• Hire unskilled

Entrepreneurial Qualities:

• Creativity
• An eye to detail
• Understanding clients’ need and the emotion in the character
• Updating with the latest technologies and software

Conclusion: If you have immense passion, good networking and great marketing strategies you can make the small animation studio into a big company. Creativity and understanding clients’ need is the key.

 

Market Potential:

• The need for news channels with true journalism values is very high, be it regional, national or international
• people are fed up within news channels which don’t have...
   

Market Potential:

• The need for news channels with true journalism values is very high, be it regional, national or international
• people are fed up within news channels which don’t have journalism values

Description: to start a YouTube news channel to telecast news...

Market Potential:

• The need for news channels with true journalism values is very high, be it regional, national or international
• people are fed up within news channels which don’t have journalism values

Description: to start a YouTube news channel to telecast news without supporting any political party, community, religion and following journalism values.

Opportunities:

• Need for a news channel with true journalism values
• Growth in the number of internet users and YouTube viewers

Risks:

• Competition
• Journalists with values
• Very fewer Profits

Dos:

• Show truth as truth, news as news
• Study and understand where existing news channels are going wrong
• Understand how NEWS channels work
• Can start as a part-time and then go for full time
• Ask journalists and reporters to work free till a few months

Don’ts:

• Become like today’s news channels
• Support one political party or community
• Add your creativity to news

Entrepreneurial Qualities:

• Guts to show the truth as truth
• Guts to face the bad
• Moral values

Conclusion:

In today’s world journalism lost its values. To run a news channel with true journalist values is not a simple thing. You must have self-control as not go with bribes, and guts to face the bad.

Market scope:

• For 2018-20, the federal government set aside a US$262 million (Rs 1,756 crore) budget for its ‘Khelo India’ (Play India) program
• Global Sports apparel, equipment, and...
   

Market scope:

• For 2018-20, the federal government set aside a US$262 million (Rs 1,756 crore) budget for its ‘Khelo India’ (Play India) program
• Global Sports apparel, equipment, and footwear have a worth of US$ 310 billion

Service Description: The focus on sports has...

Market scope:

• For 2018-20, the federal government set aside a US$262 million (Rs 1,756 crore) budget for its ‘Khelo India’ (Play India) program
• Global Sports apparel, equipment, and footwear have a worth of US$ 310 billion

Service Description: The focus on sports has increased. Schools and parents are understanding the need to play sports to make children more active and fit. Even the government is very keen on this. Central government launched ‘Khelo India’ program to spread awareness. With the availability of digital media, one can watch any sport they want. Children are proudly saying that they want to become sportsmen and will bring gold medals to the country, this cannot be possible with the availability of sports equipment and fitness accessories. Fitness plays a vital role in sports. Sports accessories and fitness equipment are available online in a few stores, but there is no one store which is completely dedicated to sports. So, an online store for sports and fitness equipment will be a great success.

Opportunities:

• Good demand
• Good profits
• No barriers to entering the market

Risks:

• Competition
• Products’ quality
• Entrepreneurial Qualities:
• Interest in sports
• Understanding the needs of sportsmen
• A little idea various sports and their requirement

Dos

• Focus on the rural area
• Study other providers’ weakness
• Can make dealings directly with schools, colleges, and coaching centers

Don’ts

• Invest heavily
• Buy and sell products of low quality

Conclusion: As there is no single online store completely dedicated to sports, this will be one stop for all the sports’ requirements. Make sure you will be the brand for this type of service using the right marketing and advertising tools.

Market Potential:

• With the rise in 4G services here is great demand for YouTube videos and so to the promotional services.
• 300 hours of video are uploaded to YouTube every minute! 

Market Potential:

• With the rise in 4G services here is great demand for YouTube videos and so to the promotional services.
• 300 hours of video are uploaded to YouTube every minute!
• Almost 5 billion videos are watched on YouTube every single day.
• People are earning millions on it.  See More

Market Potential:

• With the rise in 4G services here is great demand for YouTube videos and so to the promotional services.
• 300 hours of video are uploaded to YouTube every minute!
• Almost 5 billion videos are watched on YouTube every single day.
• People are earning millions on it.

Service Description:  To provide promotional and advertising services to short films, Cooking videos, makeup videos, dress cutting videos, etc on YouTube and digital media.

Opportunities:

• Huge demand
• Demand will increase

Risks:

• It takes a huge time to get more profits
• Huge competition

Do’s

• Learn the rules of YouTube promotion and digital marketing
• Learn to break the rules
• Understand clients’ requirements and the target viewers

Don’ts

• Invest too much
• Hire unskilled
• Select every video

Entrepreneurial Skills:

• Creativity
• Out of the box thinking

• Digital marketing Skills
• Spontaneity
• Must be updated with advertising & promotional tools

Approximate Investment: 30 to 40 thousand

Approximate Returns: 10 to 15 thousand per month (based on the number of clients)

Approximate Breakeven: 5 to 6 months (based on the number of clients)

Conclusion: Whatever the promotion and marketing you do, creativity and freshness in videos is the most important one. Demand will rise. The competition has already there but with creativity, advertising and marketing ideas you will be the winner in this industry.

Market Scope/Potential: According to ResearchAndMarket report India pet care industry advanced with a value CAGR of 23% during 2012-17. According to the analysis by ‘Type’ this market will grow with a CAGR of...

Market Scope/Potential: According to ResearchAndMarket report India pet care industry advanced with a value CAGR of 23% during 2012-17. According to the analysis by ‘Type’ this market will grow with a CAGR of over 17% during 2016 – 2021. 

Service Description: Having a pet animal is a very common...

Market Scope/Potential: According to ResearchAndMarket report India pet care industry advanced with a value CAGR of 23% during 2012-17. According to the analysis by ‘Type’ this market will grow with a CAGR of over 17% during 2016 – 2021. 

Service Description: Having a pet animal is a very common thing but with the change in lifestyle and rise in income; the care towards the pet animals has gone to another level. Pet lovers want their pets to live a luxurious life and thus demanding wide range of services like Food, Healthcare, Grooming, Travel (it is difficult to travel with pets, so a service to move pets is a much needed one), Shelter (when people in home went for vacation, who will take care of pets?), Accessories, Toys, Training, Events, etc. There are a few pet Healthcare, Accessories shop, and Shelter center but no one is offering all type of pet care services at one place. If there is one stop shop for all the pet care and services then pet lovers won’t go anywhere.

Opportunities:

• A new type of service
• Less or no Competition
• Huge Profits

Risks:

• Takes time to get into the market
• Huge investments

Entrepreneurial Qualities

• Marketing & Advertising techniques
• Can handle huge investments
• Patience

Dos

•    The location should be within the reach of the high-income group

•    Attract and retain customers

•    A bonding with Pets

•    Necessary safety precautions

Don’ts

•    Should not hurt pets

Conclusion: The need for pet care and other pet services are growing in India and it is the right time to get into the market.

Market Potential:

• According to a report from PricewaterhouseCoopers (PwC), while revenue from digital media will continue to exhibit stronger growth, non-digital media will still contribute...
   

Market Potential:

• According to a report from PricewaterhouseCoopers (PwC), while revenue from digital media will continue to exhibit stronger growth, non-digital media will still contribute well over 80% of global consumer revenues in 2019.
• Total global advertising revenues will rise at a CAGR of 4.7...
    See More

Market Potential:

• According to a report from PricewaterhouseCoopers (PwC), while revenue from digital media will continue to exhibit stronger growth, non-digital media will still contribute well over 80% of global consumer revenues in 2019.
• Total global advertising revenues will rise at a CAGR of 4.7% to 2019. Non-digital will still contribute over 60% of global ad spend in 2019.
• Big companies and MNCs are the clients

Description: To set up outdoor advertising services to offer outdoor print services like posters on walls, benches, buses, hoarding, billboards, etc to give fundamental of advertising to companies. To provide complete advertising services; from ‘Idea’ to ‘Print’ to ‘Hoardings’.

Opportunities:

• Huge Profits
• Less investment
• Most of the people are not focusing on this industry

Risks:

• A little difficult to enter into the market
• It is very challenging

Dos:

• Understand client requirement
• Plan within budget
• Careful on fonts, Styles, colors, and taglines
• Must hire knowledgeable & highly skilled professionals

Don’ts:

• Invest too much

Entrepreneurial Qualities:

• Must be creative,
• Must have knowledge of media and how advertising works
• Ready to do experiments and risks
• An understanding of how to attract the masses

Conclusion: Outdoor advertising is very challenging; you must be on foot all the time. To get into this business you must be mentally very strong and ready to accept failure. You can be a winner or loser and it all depends on simple decisions to you take. Creativity and Networking is the soul of this industry. The revenue is increasing every year. A team of highly skilled professionals is the secret to the success of this business.

Market potential:

• According to AlliedMarketResearch, global transformer oil market sales to reach $3.4 billion by 2020
• In 2014, the consumption of transformer oils was 1,437.8 million...
   

Market potential:

• According to AlliedMarketResearch, global transformer oil market sales to reach $3.4 billion by 2020
• In 2014, the consumption of transformer oils was 1,437.8 million liters across the globe, which is expected to increase at 6.3% from 2015 to 202
• Urbanization, demand for...
    See More

Market potential:

• According to AlliedMarketResearch, global transformer oil market sales to reach $3.4 billion by 2020
• In 2014, the consumption of transformer oils was 1,437.8 million liters across the globe, which is expected to increase at 6.3% from 2015 to 202
• Urbanization, demand for electricity, the need for continuous service of transformers are the factors influencing the growth of this industry

Product Description: To set up a small industry to manufacture mineral insulating oil which is used in oil-filled power transformers, some types of high voltage switches, circuit breakers, and capacitors. It is refined oil and is obtained by fractional distillation and subsequent treatment of crude oil. Power manufacturers and distribution companies are

Opportunities:

• Good Demand and it will increase
• Less competition
• No need for huge machinery
• Once a client will be a client forever

Risks

• Continuous fluctuation in Crude Oil
• The entry barrier is high

Dos

• Careful while purchasing machinery and crude oil
• Must follow safety precautions
• The final product must have few technical parameters

Don’ts

Hire unskilled operators and engineers

Entrepreneurial Qualities:

Choosing the right crude oil and machinery

Selecting talented engineers and workers

Knowledge of understanding the crude oil market

Conclusion: Decide which type of Transformer oil to be manufactured and do research on machinery and crude oil. Purchase machinery and start your business.

 

Market Potential: According to AlliedMarketResearch Modular Switch Market is expected to garner $1,595.0 million by 2022, registering a CAGR of 22% during the forecast period 2016-2022. 

Market Potential: According to AlliedMarketResearch Modular Switch Market is expected to garner $1,595.0 million by 2022, registering a CAGR of 22% during the forecast period 2016-2022.

Product description: Manufacturing of electrical switches and sockets has good demand in this world of...

Market Potential: According to AlliedMarketResearch Modular Switch Market is expected to garner $1,595.0 million by 2022, registering a CAGR of 22% during the forecast period 2016-2022.

Product description: Manufacturing of electrical switches and sockets has good demand in this world of urbanization and industrialization. Various types of Switches and Sockets are available and can be customized as per the requirement. 

Opportunities:

Good demand

No need for huge machinery and space

Risks:

Competition

Dos

• Must use high-grade quality raw material
• Buy the machinery that is needed and which your budget
• Follow safety precautions
• Products must go through a quality check

Don’ts

• Invest heavily in raw material
• Hire Unskilled operators

Entrepreneurial Skills:

• Choosing the right methods and machinery
• Selecting the right workers
• Calculating the demand

Conclusion: Do research on the type of switches and sockets to know which has more demand and then buy the right machinery to manufacture those switches and sockets.

Market scope:

• According to ResearchAndMarket.com, The Global Fitness Trackers Market size was valued at $17,907 million in 2016 and is expected to reach $62,128 million by 2023...
   

Market scope:

• According to ResearchAndMarket.com, The Global Fitness Trackers Market size was valued at $17,907 million in 2016 and is expected to reach $62,128 million by 2023, registering a CAGR of 19.6% during the forecast period.
• Few vehicles are deploying health trackers to...
    See More

Market scope:

• According to ResearchAndMarket.com, The Global Fitness Trackers Market size was valued at $17,907 million in 2016 and is expected to reach $62,128 million by 2023, registering a CAGR of 19.6% during the forecast period.
• Few vehicles are deploying health trackers to understand the real-time health condition of driving. It is now in experiment mode, in future they will become a must in vehicles and thus will have a high demand
• In the future, health tracking devices may become default features of Smartphones

Description: Manufacturing of Health tracking devices and fitness trackers which tracks heart-rate, blood pressure, respiration rate, temperature, glucose rate, oxygen rate, etc. These are highly useful for patients suffering from BP, Diabetes, Thyroid, and other diseases. Health trackers/wearable fitness trackers market is categorized into wrist-wear, smart garments & body sensors, legwear and others. They have a wide range of sensors to track fitness and health levels.

Opportunities:

• Good Demand
• Great Profits

Risks:

• Competition
• Investment

Dos:

• Study and understand how Fitness tracking devices work
• Understand the market
• Can manufacture various sensors of fitness devices and sell those sensors
• Research where other fields trackers various can be used

Don’t:

• Invest too much
• Hire unskilled

Entrepreneurial skills:

• Exploring the market
• Knowledge of Sensors and other components required for Fitness tracking devices

Conclusion: You can make it either as B2B or enter the retail market. It is very new in this country. The demand will grow in the coming future. A good team of manufacturing and marketing is the key to become successful.

Market Scope:

• In the year 2017, the value of the global gaming industry is of $108.9 billion.
• India ranked 17th with a valuation of $818 million and with a CAGR of 11.14%
 

Market Scope:

• In the year 2017, the value of the global gaming industry is of $108.9 billion.
• India ranked 17th with a valuation of $818 million and with a CAGR of 11.14%

Description: To set up high-tech gaming in a metropolitan city to provide an experience of realistic using...

Market Scope:

• In the year 2017, the value of the global gaming industry is of $108.9 billion.
• India ranked 17th with a valuation of $818 million and with a CAGR of 11.14%

Description: To set up high-tech gaming in a metropolitan city to provide an experience of realistic using new tech-gadgets and software to gamers, students, children, and youth. Gaming cafes these days are loaded with new technologies like AI and VR and innovative gadgets.

Opportunities:

• Good Demand
• Less competition
• Less Manpower

Risks:

• Huge investment
• Place of café

Dos:

• Must update with technology and latest gadgets
• Can start as a low budget gaming café with VR headsets (If your location is surrounded by lower income group people)
• Must go for high-end gaming stations and gadgets (If you want to set up in shopping malls or target higher income group)

Don’t:

• Investment too much
• Buy every gadget or game

Entrepreneurial Qualities:

• Updating with technology
• Judgment to attract masses
• A little knowledge of gaming hardware, Software, gadgets, etc.

Conclusion: The place where you want to set up will decide whether you can go with high-end gaming café or low budget station. If you want to earn good profits you must go for high-end gaming stations.

Market scope:

• The increasing number of News channels creating the demand for freelance reporters
• News channel market is worth INR 500 crores in the year 2017
 

Market scope:

• The increasing number of News channels creating the demand for freelance reporters
• News channel market is worth INR 500 crores in the year 2017

Description: Freelance reporters collect information, latest happenings, news, new stories, covering events...

Market scope:

• The increasing number of News channels creating the demand for freelance reporters
• News channel market is worth INR 500 crores in the year 2017

Description: Freelance reporters collect information, latest happenings, news, new stories, covering events, sports and movie news, and other information on the as-needed basis. The whole idea is to act as a bridge between media channels and free reporters. It is like a 3rd party services. The company works for various newspapers and media channels, and freelancers work for the company.

Opportunities:

• Good demand
• Less competition

Risks:

• Payment is not consistent
• Sometimes the entrepreneur must do the work
• The availability of freelance reporters

Dos:

• Good networking
• Very disciplined and available all the time
• Multi-tasking

Entrepreneurial qualities:

• Writing skills, critical thinking
• Knowledge of video cameras, microphones, etc.
• Knowledge of current political, economic scenario and current affairs
• Degree in English, Journalism, or Communication is preferred
• Networking skills to get the work
• patience

Conclusion: Having a good network with media channels and newspapers is the soul of this business. Prior experience of reporting and editing will add. Will become profitable in the long run.  

 

 

Market Scope: With the rise in individual income and the desire to make weddings and birthday parties in grandeur way are the drivers of this business. Especially, when it comes to marriages people don’t mind in...

Market Scope: With the rise in individual income and the desire to make weddings and birthday parties in grandeur way are the drivers of this business. Especially, when it comes to marriages people don’t mind in spending a huge amount of money in decorating function halls and cars to get the richness and royal feel. Good demand both...

Market Scope: With the rise in individual income and the desire to make weddings and birthday parties in grandeur way are the drivers of this business. Especially, when it comes to marriages people don’t mind in spending a huge amount of money in decorating function halls and cars to get the richness and royal feel. Good demand both in rural, urban area and metropolitan. 

Service Description:  To provide decorating services using fresh & imported flowers and colorful balloons to make function halls, wedding halls look live. At the same time, one can sell flowers and balloons to retailers and wholesalers.

Opportunities:

• Good demand
• Moderate competition
• Less budget
• No need for huge machinery and space

Risks:

• Should work with respect to tastes of clients
• Availability of flowers

Dos

• Flowers must be fresh
• Should keep a stock of flowers and balloons
• Can do this business online
• Can do as Part-time as it is a seasonal business

Don’ts

• Buy stale flowers and low-quality balloons
• Hire unprofessional workers

Entrepreneurial Qualities:

• Creativity
• Understand the requirements of the client
• Discipline to provide the right service @ the right time

Approximate Investment: Up to 1 lakh

Approximate Returns: 20 to 25 thousand based on the number of clients

Approximate breakeven time: 6 to 8 months

Conclusion: Anyone who has an interest in decoration services can start this business as a full time or part-time. Knowledge of a variety of flowers and their availability, color combination, creativity and understanding customers’ need is a must. Above all, doing within the budget is very important.

Market Scope:

• According to IBM Digital Experience survey, 2015, 56% of marketers believe that customized content leads to higher engagement rates and increases brand recall
• 73% of...
   

Market Scope:

• According to IBM Digital Experience survey, 2015, 56% of marketers believe that customized content leads to higher engagement rates and increases brand recall
• 73% of organizations hire content strategist to manage their content

Description: To provide...

Market Scope:

• According to IBM Digital Experience survey, 2015, 56% of marketers believe that customized content leads to higher engagement rates and increases brand recall
• 73% of organizations hire content strategist to manage their content

Description: To provide content writing services to digital marketing agencies, companies and startups, which include writing articles, blogs, eBooks, taglines, descriptions, scripts, etc. to make a product/service reach more

Opportunities:

• Good Demand
• Demand will rise
• Easy to start

Risks:

• To have a clear difference between creative writing and content writing
• Not having writing

Dos

• Study and understand the various types of writing styles
• Can start as a freelancer
• Understand client need
• Write for the product/services

Don’ts

• Give plagiarized content

Entrepreneurial qualities:

• Writing and language skills
• Networking skills
• Eye to detail

Conclusion: If you are confident that you have good writing and English grammar then you can give a try. It requires a great amount of effort to become a professional content writer. An understanding target audience is a key to success.

Market Scope/Potential: Rapid urbanization, increase in working women population and nuclear families are paving a way for this market. Analyst forecasts that Indian preschool or Childcare market to grow at...

Market Scope/Potential: Rapid urbanization, increase in working women population and nuclear families are paving a way for this market. Analyst forecasts that Indian preschool or Childcare market to grow at CAGR of 21.84% during a period of 2016-2020.

Service Description: To provide utmost care to...

Market Scope/Potential: Rapid urbanization, increase in working women population and nuclear families are paving a way for this market. Analyst forecasts that Indian preschool or Childcare market to grow at CAGR of 21.84% during a period of 2016-2020.

Service Description: To provide utmost care to children of age between 0 to 6 years. Baby/Child Care Centre will have a great potential if coupled with Pre-School, where the syllabus of Lower Kinder Garden, Upper Kinder Garden, etc. will be given to students in the form of activities and playing. It is more about the fun-filled with learning. It is all about giving individual attention to children to learn to grow physically and mentally.

Opportunities

• Less competition or no competition
• Huge gap in the market
• No need for huge Human & Material resources

Risks

• Child Health
• Needs a great amount of time to get profits

Entrepreneurial Qualities

• Patience
• Love towards children
• Ease to understand children
• To give enough confidence to parents that their children will be in safe hands

Dos

• A large area filled with necessary requirements
• Necessary safety precautions
• Must take care of electricity switches & boards
• Playing equipment must be toxic free

Don’ts

Should not hurt children

Conclusion

There is a huge potential and one can grab it with the right marketing ideas and the right people

 

Market Potential:

• Airbus predicts the Middle East fleet will triple in size by 2028, while Boeing forecasts regional airlines’ requirement of 2,340 aircraft by 2029. By 2020, Emirates...
   

 

Market Potential:

• Airbus predicts the Middle East fleet will triple in size by 2028, while Boeing forecasts regional airlines’ requirement of 2,340 aircraft by 2029. By 2020, Emirates, Qatar Airways, and Etihad will have the capacity to carry nearly 200 million passengers: four times their current...
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Market Potential:

• Airbus predicts the Middle East fleet will triple in size by 2028, while Boeing forecasts regional airlines’ requirement of 2,340 aircraft by 2029. By 2020, Emirates, Qatar Airways, and Etihad will have the capacity to carry nearly 200 million passengers: four times their current capacity. (Source: cleanmiddleeast)
• The significant growth in the number of air travelers is propelling airlines to expand their fleets by adding more number of aircraft.
• Washing and Cleaning service of aircraft also represent the brand of airlines

Description: To provide interior and exterior cleaning and washing of aircraft. Interior includes cleaning of seats, cables, tables, windows etc. and straightening of passengers’ seats. 

Opportunities:

• Good demand
• Less exposure
• Less investment

Risks:

• Need more manpower
• High entry barrier

Dos:

• Research on various methods, tools and aircraft washing service companies
• Must use OEM approved Tools, techniques and detergents
• Can offer only interior or exterior washing service (based on budget & manpower)

Don’ts

• Hire unskilled
• Invest huge

Entrepreneurial Qualities:

• Networking skills
• To be up to date with new tools and washing methods

Conclusion: If you can hire a few people and can train them to use various tools, techniques of Aircraft washing, you can start this business but, Networking is the key to get clients.

Market Potential:

• Experts say that women passengers feel safer and more comfortable with women drivers compared to male drivers. Many women are looking for this kind of services and there is a great...
   

Market Potential:

• Experts say that women passengers feel safer and more comfortable with women drivers compared to male drivers. Many women are looking for this kind of services and there is a great demand in metropolitan cities.
• Growth in working women employees

Opportunities...