5 High Paying Business Ideas For Women In Uttarakhand

What are the best business ideas for women? Motivated women entrepreneurs also struggle to develop the right business idea, especially if the business is a new undertaking.

A woman who wants to be a successful entrepreneur must take the road to success with the right business idea. You can start by exploring small business ideas for women or ideas to help start a home business for ladies and check your capability as an entrepreneur. If you love what you do, you can convert a side business into a full-time entrepreneurial activity and get the necessary legal compliances done.

While selecting the best business in Uttarakhand, consider the following:

Your budget
Education
Your takeaways from the business
What are you good at?
What would you like to learn?

Can Women Do Business In Uttarakhand?

Why not?

If you have the right skill sets, time, finance, and the right idea to convert the existing opportunities into a business opportunity, a business can be done anywhere. There are several business ideas for Uttarakhand, keeping in mind the existing resources of the state.

Uttrakhand earns most of its revenue from tourism. Home business for ladies can be in the agriculture and food industry. Right now, the state is going through several phases of development with prospects around biotechnology, pharmaceuticals, automobile industry, IT, banking, higher education, and real estate. As such, the scope for side business ideas for ladies is on the rise.

Let's have a look at the best business ideas for women in Uttarakhand.

Business Ideas For Women In Uttarakhand

1. Horticulture

Horticulture is the production of flowers, fruits, plants, nurseries in greenhouses and can be contemplated as a small scale business for ladies. The primary consideration in the horticulture business is the selection of crops. The climatic condition of Uttarakhand makes it suitable for people to conduct horticulture crop farming.

Horticulture is a sought-after profession and can be one of the best businesses in Uttarakhand. You need to understand the horticulture regulations of the state. Greenhouse building is a great business for ladies sitting at home. You can either build your own greenhouse or consider buying an existing one just to have a head start. Your budget is the deciding factor here.

2. Computer Training Institute

The education sector of Uttarakhand is growing rapidly. However, some areas face the issue of unavailability of resources to complete the evolving syllabus and the newly incorporated changes in the subject modules.

Several schools and colleges house hundreds of students, so your computer institute won't be left off. This can be a great initiative as a business for ladies sitting at home. These days, becoming computer savvy is every student’s dream. If you plan, research, and incorporate a few value-added services, your business is sure to run for long.

3. A Cafe Or A Restaurant Business

Although both cafe and restaurant pertain to a similar section of people and indulge in food, the investment, workforce, and location vary. This business idea for a woman is great because having a restaurant or a cafe in Uttarakhand means promoting local cuisines and contributing to tourism. The most scintillating hill stations include Bhimtal, Ranikhet, Mussoorie, Pauri, Suttal, Lansdowne, and Dhanaulti, which attracts thousands of tourists, besides 12 national parks and wildlife sanctuaries.

For a cafe, the ambience, colouring, menu and service are essential factors to be taken care of. People usually visit cafes to meet friends, conduct informal business meetings, or go on dates. So the ambience plays a major role in attracting customers and ensuring repeat customers.

Opening a restaurant business with special food services can also be a good business idea for Uttarakhand. The eating habits of the urban population have changed over time, making the restaurant business a flourishing industry. Keep in mind that the restaurant business needs a continuous supply of items. Maintain regular business transactions with some wholesalers to meet your supply requirements at comfortable prices.

4. Handicraft

The pristine beauty of the state invites tourists throughout the year. The tourists often expect to carry a piece of the places they visit and keep looking for the products of local make. Hence, a handicrafts business can contribute to the socio-economic development of the state. The exquisite craftsmanship in fields of handloom by talented workers across the state can be a potential small scale business for ladies.

You can either create with your skill as a handicraft expert and sell the products to other brands or hire workers and create a brand of your own. With handicraft comes to the responsibility of trademark registration, so ensure to comply with the norms accordingly.

5. Transport Business

Uttarakhand has most of its hill stations alongside road junctions, villages, remote towns - all connected via lanes and areas that need hours of travel. A transportation business can be a profitable small scale business for ladies who can arrange vehicles for rent and trained drivers who can drive well in hilly areas.

Dehradun’s Jolly Grant Airport is the busiest airport in the state. With the right resources, approach, and network, a transport business will never run on the downside. Make sure to offer competitive rates and a comfortable ride.

Final Tips

Start with analysing the local market, have appropriate equipment in place, and finally, give your business a catchy name. Have a suitable location, a business plan, and the right workforce to balance the operational activities.

Study the subject well. Analyse your competitors to understand the following:

What is it that they are doing right?
How to create a niche for your products?
What can be a suitable location to improve the business?
Most importantly, how are the existing businesses set out?

Clarity on the above will get 50% of the job done.

Another crucial aspect is the budget. If your available funds do not meet the financial requirement, you can always take a loan or reach out to venture capital investors.

Similarly, monitor the quality of the workforce. Service providers define half of the business, so make sure the staff you hire is trained; you can also train them as per your business requirements to act and react in different situations.

Finally, starting a business requires legal compliance. Launch your business commercially by completing all legal processes - a business license, local permit, and a couple of NOC’s will keep you on track. Market your business on social media to drive sales. Word of mouth marketing works great but will not fetch results unless you have something special.

To Summarise

Did you find anything interesting or profitable as a business for ladies sitting at home?

Choose from any of the innovative small scale business ideas that you love, match them with your skills, and start. Focus on the type of things you enjoy doing. It can be an excellent chance for you to start one of the best businesses in Uttarakhand.

Besides, suppose you are not up for total reinvention. In that case, small business ideas for women can also include opening a cafeteria, becoming a land broker for agro entrepreneurs, and many more that can help you step on the track initially.

Being your boss gives you freedom of choice, the ability to stick to your commitments, work towards your responsibilities, and the confidence to take up one venture after the other.

Also read:

1) Best Small Business Ideas For Women
2) What are Some Beneficial Government Policies for Small Home-Based Businesses in India?
3) Top 10 Businesswomen in the Industry & What You Can Learn From Them
4) How to Start a Flower Shop Business in India?
5) OkCredit: Simple, Paperless & Secure solution for businesses

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FAQs

Q. What Are The Business Opportunities In Horticulture?

Ans. Horticulture is a vast area to experiment with. You can choose any of the segments, for example, become a horticulture consultant, ornamental horticulturalists, plant pathologist, or horticulture technician.

Q. Can I Start A Restaurant Business With No Experience?

Ans. Definitely. All you need is a concept, to begin with, but not a risky one. Start by assessing your skills and increase your knowledge by meeting experienced people from the industry. Formulate a business plan, gather the working capital, find a good team and a good location.

Q. Is Running A Small Restaurant Hard?

Ans. Honestly, running any business is hard work. If you want to succeed as a restaurant owner, break down the stereotypes and bring in something new. Once you fix a niche, take care of the pricing and offer quality food at a reasonable cost, you can ace the restaurant business.