Hyderabad has many opportunities, especially for young women entrepreneurs, as one of the leading start-up hubs in the country. The capital of Telangana has promising prospects in various fields. The city being the most significant contributor to the state's GDP and the fourth largest to the country, businesses of all scales thrive here.
So, you should find a sector that you can turn into a profitable business. To help you with that, here are the best business ideas for women in Hyderabad.
1. Wedding Planning and Photography
Wedding planning and photography are two lucrative business ideas for a woman. Wedding planning offers the latest trends in fashion, style and décor, and food. However, you may need to know the nuances of doing business, including budgeting and meeting customer demands if you want to be successful.
You can also incorporate photography into your wedding planning business to generate more revenue.
However, if you are looking for a career in photography, there are various opportunities. You could either offer photography services on a freelance basis, or you could even set up a studio that caters to not only weddings but also other events, such as those hosted by corporates.
Much like wedding planning, a business in catering can also be profitable for women. Catering is one of the best businesses in Hyderabad, especially for homemakers. Plus, if you have what it takes to prepare good food, you can also expand your business by collaborating with large catering firms to serve reputed clients.
Many women may have acquired the skill of tailoring during their childhood. So, there is no better business for a housewife than tailoring. The business starts with a single person working on a sewing machine, stitching clothes for local customers. From there, you can go on to make it a large tailoring house that employs several tailors.
If you know what a product or service is worth, you can set up an e-commerce store and start selling them. However, if you don't know how to sell products, you can always research them before setting up a shop. Product knowledge can go a long way in e-commerce businesses when it comes to profitability.
More importantly, as a housewife, you can do it right from the comfort of your home. You can sell anything online, including toys, handicrafts, apparel, and even office products or electronic items.
So, all this makes E-commerce one of the best small business ideas in Hyderabad for ladies and presents excellent opportunities for making profits and helps in your overall growth.
5. IT Services
Hyderabad is one of the top cities in the country known for its IT services and infrastructure. So, running a BPO or offering any other IT services can also be a lucrative business for ladies sitting at home. If you are good with computers and can work your way around with your clients, you can get to taste success.
Moreover, you will get clients from both home and abroad, and if you are good, you can turn it into a large, well-established company.
6. Graphic Design
Many businesses, both start-ups and well-established ones need graphic designers, mainly on a part-time basis. So, if you can bag projects from such companies, then there is no doubting that you can turn your graphic design business into a lucrative one that generates huge profits.
All you need is a solid portfolio of projects that you have completed in the past. Your clients will look at your portfolio to determine how good you are and if you are fit for the job.
If you have worked as a graphic designer for other companies, you can add that experience to your portfolio as well. It will help convince the employer that you are a suitable candidate for the job. So, graphic design can be one of the best side business ideas for ladies, especially in a city like Hyderabad.
7. Financial Consulting
Women who have a degree or certification in finance can make the best use of it by starting a consulting firm. Initially, you could even do it from home as a part-time or freelance gig and later expand services to cater to different clients, both locally and globally.
As a financial planner or consultant, you could offer services in taxation, corporate finance, or other such areas where you think you might be good.
8. Private Tutoring
Private tutoring is one of the best small business ideas for women, especially for housemakers or retired women. As a private tutor, you could teach anything that you may be good at, including Music, French, and even Mathematics. Being a private tutor also means that you can choose to take classes either offline or online, depending on your convenience.
It also pays well as you can command a fixed rate for every hour of lesson that you deliver. So, as a private tutor, you can make lots of money in no time.
9. Interior Design
Starting a business in interior design brings out the aesthetic creativity hidden in you. Although you may need a degree and some experience, things will begin to work out as you make profits and your business becomes sustainable and generates enough revenue.
10. Hand-Made Crafts
Hyderabad is well-known for its hand-made crafts. So, if you are a woman who is moved in or is currently living in the city, you can try doing business in the hand-made crafts niche. Not only is it profitable, especially in a city like Hyderabad, but it also serves as a pastime for women and keeps them busy.
The target customers for this business are both locals and tourists. So, you can make designs on different materials and offer them to tourists.
Besides these, there are several other lucrative homemade business ideas for women in Hyderabad. For instance, you could try baking a cake or even make soaps. You could also start a daycare centre or trade in the stock markets. So, if you are a woman in Hyderabad and want to become an entrepreneur, these are some of the best business ideas you could try. You can try them all and see what works best for you.
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Q. What are the Best Business Ideas for Housewives in Hyderabad?
Ans. If you are a housewife and are in Hyderabad, you can try these lucrative businesses to turn into profit-reaping gigs. Here are a few such ideas:
- Making gift baskets
- Starting a daycare centre
- Starting a beauty parlour
- Publishing an e-book
- Becoming an online travel guide
So, these are the seven best business ideas for homemakers in Hyderabad.
Q. As a woman in Hyderabad, can I own a franchise or outlet of McDonald's, KFC, Dunkin' Donuts, or the like?
Ans. Yes. As a woman in Hyderabad, if you are looking for the best business opportunities, you can also try running a franchisee of McDonald's, KFC, or the like.
Q. What are the costs involved in founding and running a Home-Based Business in Hyderabad?
Ans. The expenses incurred for starting a business from home depend on the kind of business you want to do. For instance, a food delivery business can cost you INR 15,000, while uniform making costs you INR 20,000. Similarly, if you're going to provide IT services, it can cost you about INR 50,000 to establish, even if you do it from home.
Q. What should I do to start a business from home?
Ans. There are several aspects to starting a new business from home, including:
- Market research.
- A solid business plan.
- Name and structure.
Q. Which business is easiest to start for a woman in Hyderabad?
Ans. As a woman in Hyderabad, if you want to start a business, you can always try something in the service sector. Service businesses are easy to set up as they don't need a lot of investment, and you start with them on the go. They also generate revenue more quickly than other businesses and offer significant profit margins. Moreover, you can provide different services, and you can do it as a side hustle too.
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