Friday, January 27, 2017

Top 10 small businesses


Introduction
Your talent can really pay you off if you’re really looking to start a profitable small business. India is one of the biggest flashpoint after china. The rapid increase in economy of the country is the biggest reason of being the flashpoint.
The below facts and figures will explain you how to start and operate a business with low cost in India successfully. It is quit understandable that everyone need a constant source of income but most of us don’t have huge capital and much resources to start a business and this is the major challenge that we face.

Options we have

To start business the most important thing is the idea and after comes the analysis. Let’s analyze the market and environment.  Let’s think in mind the products that are in demand all over the year constantly. Let’s categorize them a little bit.

·         School and Office Supplies – The products such as pencils, pens, and papers of different varieties notebooks are in constant demands throughout the year.

·         Greeting Cards and Pamphlets – Not even the advent of online greetings cards affected the demand of printed cards. Special occasions happen all the year and there is a constant demand of printed cards always. We humans have a quality that we that we love, appreciate and connect more with tangible materials. In this kind of business one do not need to invest a huge capital. There are two overwhelming factors to succeed that are the creative designs and patterns.

·         Customized jewelry – This business is sure to grow because this world is full of religions, culture and yet fashionable. People, especially women love to accessorize themselves with fashionable jewelries. Good marketing tactic and creativity can take you from scratch to a good business owner. You just have to invest in buying small jewelry-making kit and you can create attractive and eye catching jewelries.

·         Paintings – If you are artistic, then shine it by creating paintings. No Investment and a good return.

·         Home Decorations – The biggest talent of a human is the creativity. It really pays off and pays well. Every one to decorate their home, vases windows, Cupboards, chimes, figurines and many other things. No need for a heavy capital. Just an investment for raw material and rest your creativity.

·         Fast food and restaurant – It you own a small place and you love cooking then you have a very good option. Invest on ingredients and some utensils and you can earn from food freak people.  Menus not need to be top of the line. Begin with simple but have exceptional customer service and taste. Things happen step by step.

·         Thrift shops – Some business are sure to become profitable. Buying and selling of items at affordable price is on boom all the time.

·         Rental Services – If one have Car, Extra Room, Bike then renting them is good options instead of keeping them with you. This would give you huge profit as you don’t have to invest anything.

·         Digital Photography – nowadays almost everyone owns a digital camera. You can use it to generate a steady source of income.
·         Wooden furniture making –If you have handicraft skill then you can earn huge amount of money from this kind of business. You can design attractive furniture and master pieces for the residents of your community. Your good relationship is the recipe in the beginning. Later on you can grow to any extent and expand your business by hiring more workers with you.

To start your business

·         Choose industry where you want and can build your business.
·         Do some feasibility studies like in which region your business can be fruitful to you and your services can benefit your customers more.
·         Write your business plan and execute  them
·         Register your business as it is the important step legally.
·         Join professional networks because it will help you know many things related to grow and expand your business.
·         Create a professional website for better outcome of the business.
·         Make provisions for paying your tax





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