Here is a list of ten small business opportunities for generation z who are future of our country.
1. Handicraft: The present handicraft businesses are mostly based on traditional design. One can start a business where modern design/concept can be used in handicraft products. Cuttack in Odisha is famous for silver filigree works. Most filigree works are based on traditional design like Konark Wheel, Odia Deities, Horse Carriage, etc. One can introduce replica of Puri Jagannath Temple which is at present not available in any handicraft shop.
2. Rent a Toy: Due to frequent use of smart phones by the family members, the kids are very much attracted towards these interactive gadgets. They are loosing interest for physical plays. We know that the kids are very fond of new toys. At the same time it is also an expensive option to give new toys to our children regularly. So opportunity exists where one can supply toys on rental basis to the parents as per their convenience and choice.
3. Vehicle Pollution Testing: Due to new road transport regulations, old vehicles need to get pollution under control certificate in every six months. One can put RTO certified pollution testing setup in a mobile van and start this business which is growing due to steady rise in usage of vehicles.
4. Antique Shop: People are fond of souvenirs. They collect antique items like postage stamps, currency coins, mechanical wall clocks, British era furniture, mechanical locks, musical instruments, etc. Either a brick and mortar shop or online shop can be started for this niche market. E-commerce sites like Amazon or Flipkart provides ample opportunity for small entrepreneurs to start this type of business.
5. Online Coaching: Now-a-days education is not confined to class room teaching only. The students seek asynchronous learning as per their convenience and choice. Due to dearth of good teachers in educational institutions, the students are searching for other supporting alternatives for effective learning. One can start online coaching in any area if he or she possesses unique talent for teaching. There are online platforms like youtube or piccohub where a teacher can start the programme and monetize the contents.
6. Shoe Laundry: With changing lifestyle people now-a-days prefer to wear shoes when they move outside. Due to dust and other pollutants the shoe quickly becomes dirty and needs frequent cleaning. There is no exclusive organised business available for cleaning of shoes and other minor repairing in our country. So good opportunity exists to start a shoe laundry business in different areas of cities.
7. Handmade Scented Candle Making: We express our feelings towards others in different ways. One popular way is candlelit events. The paraffin wax burning is not good for our health. So we can use bee wax for candle. The different shapes of candle can be made using aluminium or silicone moulds. Some popular fragrance can be added to the wax during candle making to provide customized feeling for the users. Dimple Kapadia, the hindi film actress, makes handmade candles in Mumbai.
8. Organic Soap: There is good demand for organic soap made from natural vegetable oil and environment friendly ingredients. This soap can be hand made or machine made. The maker can offer different shaped soaps to attract children and women. The trade fair/ kitty party is an attractive place to aware and market these types of products.
9. Handmade Chocolates : The demand for chocolates is growing day by day in our country. The chocolates available from big and established suppliers are mostly similar in attributes. A business can be established to provide customized chocolates having different taste, colour, shape, textures, etc.
10. Paper Items : Though we are entering into paperless world still there is importance of paper items in day to day life. The bags made from handmade papers are commanding premium rate compared to plastic bags. There is also demand for designer paper envelopes, handicrafts, gift items in urban market.
All above business can be setup with low investment (depend on location and size of production) and reasonable return. For more details contact Chinmay Das, Cell Phone Number 91-9437191495, E-mail: chinmaydas@gmail.com
Best Wishes for a Successful Entrepreneurial Career.
2. Rent a Toy: Due to frequent use of smart phones by the family members, the kids are very much attracted towards these interactive gadgets. They are loosing interest for physical plays. We know that the kids are very fond of new toys. At the same time it is also an expensive option to give new toys to our children regularly. So opportunity exists where one can supply toys on rental basis to the parents as per their convenience and choice.
3. Vehicle Pollution Testing: Due to new road transport regulations, old vehicles need to get pollution under control certificate in every six months. One can put RTO certified pollution testing setup in a mobile van and start this business which is growing due to steady rise in usage of vehicles.
4. Antique Shop: People are fond of souvenirs. They collect antique items like postage stamps, currency coins, mechanical wall clocks, British era furniture, mechanical locks, musical instruments, etc. Either a brick and mortar shop or online shop can be started for this niche market. E-commerce sites like Amazon or Flipkart provides ample opportunity for small entrepreneurs to start this type of business.
5. Online Coaching: Now-a-days education is not confined to class room teaching only. The students seek asynchronous learning as per their convenience and choice. Due to dearth of good teachers in educational institutions, the students are searching for other supporting alternatives for effective learning. One can start online coaching in any area if he or she possesses unique talent for teaching. There are online platforms like youtube or piccohub where a teacher can start the programme and monetize the contents.
6. Shoe Laundry: With changing lifestyle people now-a-days prefer to wear shoes when they move outside. Due to dust and other pollutants the shoe quickly becomes dirty and needs frequent cleaning. There is no exclusive organised business available for cleaning of shoes and other minor repairing in our country. So good opportunity exists to start a shoe laundry business in different areas of cities.
7. Handmade Scented Candle Making: We express our feelings towards others in different ways. One popular way is candlelit events. The paraffin wax burning is not good for our health. So we can use bee wax for candle. The different shapes of candle can be made using aluminium or silicone moulds. Some popular fragrance can be added to the wax during candle making to provide customized feeling for the users. Dimple Kapadia, the hindi film actress, makes handmade candles in Mumbai.
8. Organic Soap: There is good demand for organic soap made from natural vegetable oil and environment friendly ingredients. This soap can be hand made or machine made. The maker can offer different shaped soaps to attract children and women. The trade fair/ kitty party is an attractive place to aware and market these types of products.
9. Handmade Chocolates : The demand for chocolates is growing day by day in our country. The chocolates available from big and established suppliers are mostly similar in attributes. A business can be established to provide customized chocolates having different taste, colour, shape, textures, etc.
10. Paper Items : Though we are entering into paperless world still there is importance of paper items in day to day life. The bags made from handmade papers are commanding premium rate compared to plastic bags. There is also demand for designer paper envelopes, handicrafts, gift items in urban market.
All above business can be setup with low investment (depend on location and size of production) and reasonable return. For more details contact Chinmay Das, Cell Phone Number 91-9437191495, E-mail: chinmaydas@gmail.com
Best Wishes for a Successful Entrepreneurial Career.
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