your password has been reset successfully, Please login again.

Six best businesses to start in India

With job unreliability, there has been an increase in business start-ups. But what are the best business ideas to start with? Read on to know.
BY Sanjana Surbhi
Feature Writer, BusinessEx
May 22,2018

India is the third largest economy in the world in terms of GDP (PPP) and second in terms of population. India is also one of the fastest growing economies in the world and a hub of IT and business start-ups.Every other graduate wants to set-up their own business. You must have heard from others that starting a business is a risky job, rightly so. Not every idea take the same shape as Ola, Paytm, Flipkart or other successful start-ups. The reason behind the failures is- funding, no mentor or a wrong business idea. The present market is very competitive and everyone expects something new and unique.

One needs to research about your business idea and opt for something relevant in the present market scene.

Here are some best business ideas to kick-start your entrepreneurial journey:

  • Breakfast Services or Joints:

It is said that "All happiness depends on a leisurely breakfast." You must have also noticed that tea stalls and small joints are always filled with customers. Due to a busy lifestyle and early morning shifts people don't get time to cook and prefer having breakfast outside. It is something that will always in trend and do well in the competitive market. If you are reallyinterested in food and ready to prepare and serve, then go for it.

  • Education/Coaching classes/tuition centres:

Today, level of education has become high and every parent wants their kids to be to score more. This business doesn't need much space or any funding to start this business. Probably, it is one of the most cost-effective businesses to start with. You just need to have the skills and a proper space to teach. There are a lot of coaching centres across India, and Kota is one such example where people's source of income is tuition classes. You can promote your classes online as well offline toget public's attention.

  • Tour and travel planner:

Are you interested in travelling or are you the planner of every trip in your gang? Why not go for this profession. Take myfriend Cynthia Joseph, she has a knack for travelling and after coming from a trip, she decided to become a travel planner. Now, she has made huge contacts and it is her source of income. In this business, there is no starting cost, you just need a laptop and internet to book and plan everything. Maintain a website and keep updating and posting pictures of your previous trips. This will help in promoting.

  • Wedding Planner:

India is known for hosting big fat weddings. Take the recent exampleof Sonam Kapoor's wedding. Their wedding planner made theirdream wedding come true. In India, weddings are taken seriously and that's why there is a profession and demand for a wedding planner is increasing day by day. So, if you are creative and can handle multiple tasks then you can try your luck. It can be challenging but if you are able to handle this then nothing like it.

  • Graphic Designing:

If you are creative and used to design the copy covers or on pages then now it's the time to execute it in a digital format. It is easy to learn on your own. You can watch YouTube tutorials and do experimenting so that you can learn more. This profession is highest in demand and you can just work from home. For this too you need your laptop and all the important software. Just keep in mind to promote your work and increase your contact list to get more work.

  • Laundry Services:

Even if you don't have any experience in this industry, you can try this business idea. There will be competitions so, select a prime location and differentiate yourself from the existing competition. You need to organise, advertising and a vehicle for transportation. Try to open this service near college campuses, office buildings or populated areas to get more customers.

You have to work hard to implement these ideas. Your innovative ideas can make your business profitable and a successful venture.

Please add your Comment
SIMILAR Articles
January 23, 2019
In the internet age, promoting the business is really easy as the online presence of the venture hel ...More
By Jaspreet Kaur
January 21, 2019
Imbibe communication skills to become an exemplary leader for the employees ...More
By Jaspreet Kaur
January 15, 2019
Chemical industry is one of the growing sectors in the world, thus, beginning a chemical business ca ...More
By Jaspreet Kaur
December 29, 2018
Every physician needs to ensure that the financial backbone of the business is intact and smoothly f ...More
By Jaspreet Kaur
December 28, 2018
Having a workplace gym, which is equipped with the latest gym equipment, diminishes the health risks ...More
By Jaspreet Kaur
December 26, 2018
he sales professionals should imbibe “helping approach” in their manner so that the customers can ma ...More
By Jaspreet Kaur
December 18, 2018
In order to serve better facilities, the laundry services business should revere customers and their ...More
By Jaspreet Kaur
December 18, 2018
Restaurants should make the best use of the available space and improve their rapport with customers ...More
By Jaspreet Kaur
December 14, 2018
Facility management is the broad term which incorporates various small and big management services ...More
By Jaspreet Kaur
December 12, 2018
An abundance of private industries have initiated healthcare enterprises to serve medical patients a ...More
By Jaspreet Kaur
December 11, 2018
he selling process of the small-scale business is intricate and demands to take various things into ...More
By Jaspreet Kaur
December 07, 2018
Unlike the foreign electronic industry, the Indian electronics industry is quite big and diverse ...More
By Jaspreet Kaur