Small Scale business idea that will work in India
The term small scale business is quite subjective and what is small scale to one business owners may not be small scale to another business owner. It is important that we break up this concept in terms of cash so that one gets an idea what exactly are the business ideas that would suit them.
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Within 50 thousand
If your budget to start a business is fifty thousand of Indian national rupees then here are some of the options that you have:
This is very low investments and you have to spend in terms of time and energy. You can start it at home or rent a place. Advertising for tuitions centers could be done through pamphlets, leaflets and hoardings. You may also have a social media page to promote your coaching center or promote yourself as a teacher. Or you may contact small business consultants for innovative ideas.
Talent grooming center
If you do not want to pursue a theoretical teaching then you can have a center for drama, music, zumba, art and craft and so on and so forth. You can also have summer camps in order to have extra income annually and December carnival. Kids love to spend time doing these activities and parents often look for such places to engage their kids in co-curricular or extracurricular activities.
If you have a great sense of style and you are an ardent follower of all the fashion weeks then just have an Instagram profile and start a fashion blog and see companies approaching you to advertise their products. In the beginning it will take some time as you need to enhance your followers.
If you have acquired training from good institution in tailoring or have inherited it from your mother then don’t keep it at bay. Get into the business and start taking orders. In order to take all kinds of order you can get a short term dressmaking course done.
When your budget is 1 Lac
You can set up a stationary store and sell school products. Every now and then the school has art and craft classes that require a lot decorating materials. When you have learned the ups and downs of market you can go for contracts with different schools for getting the school books. This will boost up your profit margin and create a client base for you.
A favorite to kids, game parlor is going to be all rush if you get the kid of games that kids love playing. Installation of machines will involve cost. It is suggested that install fewer machines in the beginning and you may also go for used machines.
This is not everyone’s cup of tea but if you get the contacts right then it is a win-win game for you. There is high profit margin. You need to make an investment in the beginning in the form of advanced payments, websites and others.
If your budget is up to 5 lacks
You could be pretty flexible with ideas if your budget shoots up to 5 lac.
Ice Cream parlor
A good option could be an ice cream parlor. Winter or summers, a scoop of ice-cream is always a good option. You can go for a franchised ice cream parlor or an assorted one. Franchised one could be more expensive as it will also demand re-decorating the interiors.
You can set up a bakery and supply fresh baked products on wholesale basis or to retailers.
Every vacation there are people looking to contact the travel agents to do all then booking. You may go for this if you are good with building contacts. Here to a small business consultants could be contacted.