What are the small-scale business ideas in West India?
India is a multi-cultural and multi-ethnic country with a diverse community of people. This diversity has facilitated several new business ideas across the country that are independent of geographical restrictions and economic structures. Western India has witnessed a rising number of young enthusiasts shift from their mundane jobs to venture into the business domain. Moreover, the advancement in technology and innovation has opened up numerous business opportunities in multiple sectors.
A small-scale business is a term used to define an enterprise or corporation launched using low capital investment. The number of employees and the sales quantity is low compared to a corporation. It is mostly owned and managed privately. Anyone can begin a small-scale business irrespective of education and background. All you need is the passion for running the business.
Generally, aspiring founders face difficulty shortlisting the best small-scale business idea from the huge range of options. To help you get a clear idea, we have listed below some trending small profitable business ideas in West India you can explore before investing.
Food Business Ideas
1. Eatery Joint
Food being one of the necessities of life, remains the top small-scale business idea for a majority of entrepreneurs. The business is profitable as long as the food served is hygienic, tasty, and affordable. Rather than investing in a full-fledged restaurant, you can start with only a few basic dishes with optional snacks as an add-on. Make sure to acquire the necessary licenses and permits to operate a food cart or truck.
2. Food Catering
If you aren't keen on opening a food joint, you can opt for catering. Food is served on all occasions such as birthday parties, weddings, anniversaries, etc. To begin the business, you need a kitchen and few chefs, along with employees, to serve, deliver and manage the materials needed.
3. Juice Counters
As more and more people are becoming health conscious, it has surged the demand for fresh fruit and vegetable juices without preservatives. Vegetable juices like beetroot, carrot, neem are in high demand. Also, temporary summer drink counters such as lemonade, buttermilk, and lassi are great alternative small business ideas.
4. Tiffin Service
This is one of the best small business ideas from home. Many people prefer home-cooked food, especially working professionals who are away from their homes or are too busy to cook. Tiffin service is a convenient option for them. This is a low-cost business idea with high profit. As the food will be prepared at home, it cuts down rent cost. The only high spending will be if you hire a third-party delivery service. The delivery can be done at home or the office of the customer.
Lifestyle Business Ideas
1. Fitness Trainer
The wellness industry is growing tremendously, with more and more people wanting to stay fit and live a healthy lifestyle. It might be the best business idea to become a fitness trainer or yoga instructor. You can begin in-home training or could conduct online personal or group classes. You will require a certificate from a recognised institute before teaching any fitness form.
2. Gym Centre
Opening a gym center is one of the best small profitable business ideas. A lot of fitness enthusiasts love to hit the gym not only to burn calories but also to achieve a great physique. You can lease or buy the space and equipment. You can also avail of a loan if you require funds. It is a money-making business; even if the members don't turn up regularly, they usually pay for a quarterly or annual membership.
3. Photography
You can turn your photography hobby into a profession and further into a business. You can specialise in event photography— wedding photos, graduation or first birthday pictures, family or pet portraits, headshots for resumes, real estate, etc. Photography is a low-cost business idea with high profit. All you need to invest in is a high-definition camera. If needed, you can rent a studio to conduct photoshoots.
Teaching Business Ideas
1. Dance/Music Centre
If you are a good dancer or like playing an instrument, you can start a small-scale business of a dance or music studio to teach kids and adults. If you don't want to invest in a studio, you can begin with teaching online or giving personal training at the client's home. You can also hire skilled and experienced dancers or musicians to conduct the classes.
2. Sports Coach
Sports training will never get out of demand. If you are a sports enthusiast and hold a degree in sports coaching, then this could be the best business idea to give it a shot. You can either provide personalised training or coach a team at sport studios. You can also lease space to conduct classes for sports like football, cricket, skating, basketball, etc.
3. Tuition center
This is one of the most effective small business ideas from home options. Students often need help in subjects like maths, science, or languages. It's a zero starting cost business as mostly the lectures are conducted via home tuitions, private tutoring, or online classes. You can also rent a space to begin teaching. You can advertise your tuition through brochures, social media, and word-of-mouth recommendations.
4. Cooking Classes
If you are a professional chef looking for a new business idea or are someone extremely fond of cooking who likes sharing your culinary skills, then cooking classes is the best option. You can conduct live cooking classes either offline or online. Or you can use social media platforms like YouTube or Facebook to share interesting recipes. Online platforms will help increase visibility and promote your cooking classes, thereby resulting in higher earnings.
Online Business Ideas
1. Blogger
Small scale online businesses have the potential to grow into huge businesses over time. If you are fond of writing, expressing your thoughts, reviewing products, etc., you can opt for blogging as a small business idea from home. You will need to create your website to share your blogs and gain viewership on your content. Bloggers earn through affiliate marketing, i.e., through advertisements on their blogs.
2. Vlogger
Video blogging is a unique business idea that can generate high profits through the creation of interesting content. Similar to blogging, vloggers earn through advertisements and sponsorship. You can upload your blogs on your YouTube channel. Video content can help individuals and businesses build influence, income, and impact.
3. Graphic Designer
If you are fond of making creations and have a fair knowledge of programs like Photoshop, Canva, or Illustrator, then starting a graphic design business is a good choice. You can offer freelance graphic design services to create logos, magazine or book covers, signs, brochures, social media graphics, infographics, and more. You can build your portfolio to attract clients.
Creative Business Ideas
1. Organic Soaps
Organic products are gaining tremendous popularity. If you are looking for a unique business idea, then soap making can be a great option. You can either make and sell herbal or organic soaps. To create soaps, you will have to invest in raw materials such as glycerine, essential oils, herbs, moulds, and a microwave.
2. Homemade Candles
Candles are always in high demand during religious events and festivals, and for decorative purposes. You can start a small-scale business of scented and therapeutic candles. For candles, the raw material needed will include wax, wick, thread, aroma oils, moulds, and candle-making equipment — a melting pot, pour pot, weighing scale, thermometer, and an oven.
Conclusion
Each business has its pros and cons. Hence, conduct sufficient market research relating to any small-scale business ideas, such as demand, investment, profit, etc. With hard work, determination, and resourcefulness, you can convert an idea into a flourishing business.
FAQs
Q. Are in-person business ideas profitable?
Ans. Yes, As more and more people are looking for customised and home-based services, it has increased the demand for in-person businesses. If you prefer offering personalised service, you can opt from a variety of businesses such as a babysitter, pet-walker, dog groomer, parlour services, etc.
Q. What steps do I need to take before starting my own small-scale business?
Ans. Before initiating and investing in any business, do your research about the business, market, competitor, and profitability. Create a plan to set up and execute the business. Lastly, make it official and market your business to start attracting clients.
Q. What are the options available to open a retail business?
Ans. Several profitable retail business ideas require low investment but generate high profit. Some of the ideas include grocery stores, hardware stores, stationery and bookstores, xerox shop, medical store, utensil shop, mattresses, etc.