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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