| Author: Chitra 15 Sep 2012 Member Level: Gold Points : 5 (Rs 4) Voting Score: 0 |
Starting a business is a good idea. But here you have not mentioned your gender, investment budget and your qualifications. You should always start a business in an area which you have prior experience or you are familiar with.
Some business ideas for both men and women, educated and not :
(a) Starting up an internet cafe with printing, scanning and faxing services.
(b) Starting up a computer center and providing education for the aspirants.
(c) Learn tailoring and starting a tailoring shop if you are interested in it.
(d) If you have the budget, buy few tourist bus and give it out for rent. Any other rent-a-car business will also be good.
(e) Starting up a grocery store in your locality.
Points to be considered before starting your own business :
(a) Your capital budget and how much you can invest in the business.
(b) Your experience and knowledge about the field of your business.
(c) The scope for such a business in the locality where you are planning to set-up one.
(d) The future demand for your product or service in that particular area.
(e) Legal proceedings related to the same.
(f) How strong is the competition prevailing in the market.
(g) An estimate of the profit you can achieve and whether it will be sufficient to cover your expected expenses.
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| Author: Bhakti Savla 16 Sep 2012 Member Level: Gold Points : 4 (Rs 4) Voting Score: 0 |
It is always advisable to begin with low-cost startup business ideas. Few business ideas with low investments are as under:
-Start doing online stock trading from home or by setting up BSE/NSE terminals.
-Start taking tuitions for school students or college students in the area of your expertise. You may even visit their homes to give tuitions, which would mean no investment required.
-Prepare a travel website online and tie-up with some offline travel agent for flight bookings, bus bookings, train bookings, holiday packages, honeymoon packages, mobile recharge, DTH recharge, etc.
-Hire a small place and start classes for programming languages like C, C++, Java, PHP, HTML, etc. by recruiting IT professionals on part-time basis (may be only weekends).
-Hire a small place and a big screen projector to show LIVE telecast of cricket matches, football matches, final episodes of popular reality TV shows, etc.
-Start a small sandwich parlour with unique varieties of sandwiches.
-Start a gaming parlour by buying some Xboxes and Wiis.
One can start with multiple ideas listed above at the same time. It is always safe to have 3-4 different sources of income rather than relying completely on only one.
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| Author: Rudresh Mishra 01 Mar 2013 Member Level: Bronze Points : 2 Voting Score: 0 |
In my view, good low investment business is follows :-
1. starts Tiffin (catering) Service.
2. starts Insurance Consultancy.
3. starts Property and Real Estate Consultancy.
4. starts Maids Provider Agency.
5. works as a Franchisee.
6. starts a cyber cafe with travel agency partnership.
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