10 Small scale business ideas you can try in your entrepreneur Journey
1) Organic Farming
In the modern society getting healthy
veggies is a real challenge. Most of the vegetables or fruits what we buy from
the market are grown using chemical fertilizers. Due to the usage of chemical
fertilizers, human are getting more and more diseases. As people are becoming
more health conscious these days, there a new trend in the market where there
is huge demand for the organic foods.
In the organic farming method there is zero
percentage of chemicals involved, which makes it a healthy food. Since the
crops are grown organically which uses natural fertilizers it is also cost
effective method. In this farming profit margin is much more compared to
traditional chemical farming.
There are many startups in the recent days
which are making huge profits in this space. Since the investment required is less!
Even you can try your business acumen in this field.
2) Blogger/ Blogging
Blogging is the hot niche is the modern
information technology space. As the word goes by, “Data is the king”, which is
very true in the modern economy. Data or information is the hot commodity in
the 21st century. If you have expertise on any particular areas like
education, food, career advice, photography, travel or anything you can try
your journey in blogging.
Nowadays blogging has become a lucrative business
model to earn money from Google AdSense or any other ad network.
Blogging is one which platform where you
can become your own boss and life your dream life if you put your hard work and
quality and original content.
Copy pasting or plagiarism doesn’t work in
blogging. So create original content from the scratch to be successful in
blogging space.
People always like to celebrate life. So there
is high demand for bakery items like’s cakes, muffins and other sweet stuffs.
Birthday is one such special occasion in life, normally every individual
celebrate it home, office or social gathering.
This business space high potential to earn income, as people are always look for better tasty items with competitive price.
As the investment required to start this business
is very less. Anyone with microwave oven and good baking skill can start in their home
or small shops.
4) Catering/ Party Services
Parties are celebrated for various reasons
like birthday parties, anniversary party, business parties, New Year
celebrations, marriage parties. This is one such small business venture which has
immense potential to earn huge profits with quality service and quality food.
5) Verification service (Background Verification
Service)
Due to complexity of businesses and
confidentiality of data. Verification services are in huge demand these days.
Even for employment of a candidate, firms need to initiate the BGV or
verification of candidates address, past employment history, criminal history.
This business do require manpower to visit
the candidate address, and good networks around the corner to verify the
details given by firm.
6) Making of religious items
Around the world people follow different
religions or faiths. This is one such under pined business space people need to
explore. Religious items like deities’ picture, prayer beads, incenses sticks, idols
of god, candles, hold threads, Christmas decoration items and much more.
Christmas is one such big eve which is
celebrated around the world, which has huge demand for Christmas decoration
items, costumes of Santana Claus, gifts items, candles, cakes etc.
7) Small recruitment firm/Manpower supply
This is one of the lucrative business in
modern economy. Getting highly skilled labor as well as unskilled labor is becoming
very challenging these days because of high demand for these professionals.
There is high attrition rates in businesses
like restaurants, petrol pumps, grocery stores, construction works. Here people leave their jobs with no or
minimal notice to business owners, which makes running business difficult for
owners. So there is always demand for manpower in these sectors. You can earn
handsome commission by placing the candidates in these business.
You can start either a small firm or become
a broker of manpower supply.
8) Stationary Store / Stationary supply
This is an evergreen field with demand in
all seasons. Schools, colleges, universities and also business always require
stationary items like note books, post cards, envelopes, glue, invoice
receipts, custom business cards, pens, papers etc.
With little good connection with
businesses, one can earn good margin in his/her sales.
As the investment required for setting up
such business is less, anyway one can venture into these business. Even they
can take small loan to start with business.
9) Professional photography
As the modern lifestyle is more focused on
glamour. Creative professional photographers are in demand across the industry.
Even for special occasions like marriage they require a good professional
photographer to capture the sweet moments they can retain for lifetime.
To start this business, you do need a
little capital to invest in high quality DSLR camera’s for beautiful crisp
images.
Even aspiring models take help of
professional photographers to take their pictures. So that they can make a
portfolio of snaps to show case with clients for assignment and to grow in
their career.
10) Corporate merchandise/Corporate gifts
Who doesn’t like gifts? Everyone like to receive
gifts. Our corporate are not far behind in pleasing their employees or clients.
Every year millions or even billions of money is spent around the world by
corporate's to procure the corporate gifts vendors. Gifts like pens, note pads,
induction gifts, headphones as gift, chocolates, mugs, water bottle and wallets.
Normally these gifts are printed by company’s
logo or brand.
With good contacts and by networking one
can get the contract from companies to supply the merchandise. This is truly a
lucrative busy with bulk orders.
You can get into this business by availing
a small loan from bank or in partnership with your friend or any other business
associate.
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