Wednesday, 24 August 2016

TOP 10 SMALL SCALE BUSINESS IDEAS




Starting a small scale business and expanding after few years is always recommended. If you are planning to quit your 9 to 6 job and searching for good small scale business ideas you are at right place. Today I will share 10 Small Scale Business Ideas. 


1- Food Supply – Homemade food or tiffin service is 
another very good small scale business idea. In order to start this business, you need to be a very good cook. You may offer home delivery or office delivery service at customer cost. You need to maintain consistent taste and quality of food for business continuity. Break-even period for this business is 6 months and gross profit margin is 20%.

2- Photography – If you are good at taking photos, you can start your own photography business. You need to invest in high-quality DSLR camera. Initially, you can start home based studio and expand it at a later stage. Break-even period for this business is 6-7 month and gross profit margin is close to 20%.

 3- Stationery Store – You can open your own stationery store with low investment up to 1 Lac. Ideal place to start stationery store is nearby school or nearby business area, where demand of stationery is likely to be more. Find out a good location and take shop on rent. Break-even period for this business is 1-2 year. Gross profit margin is close to 10-15%.


4- Provision Store – Opening a provision store in the residential area is a good small-scale business idea. Break-even period for this business is 1-2 year and gross profit margin is 10%.

5- Courier shop – You can start your own courier shop. The best place to start this shop is nearby office area. You can think of taking agency for big courier company like first flight, DTDC etc.

6- Seasonal Business – Another small scale very good business idea is a seasonal business. India is a secular country with full of the festival. Every Festival is unique and gives reason to celebrate. You can start a seasonal business of firecracker, kite, rakhi etc.

7-  Mobile Shop – Starting own mobile shop is another good small business idea. Today people change mobile phone very frequently. Keeping latest mobile phone is status symbol today.Looking at the trend starting mobile shop could be a successful business.

8-  Medical Store – Starting medical store is another good idea. You should be careful in selecting a place for starting this business. It is recommended to select a place which is nearby hospital or clinic. Remember In order to start medical store, you require a license of the pharmacist.

9- Food Parlor – You can serve delicious food to people and earn money. Food parlor is my next small scale business idea. You require suitable place and professional chef to start this business. Break-even period for this business is 3-4 years.

10 Ice-cream and Juice parlor – Serving Ice cream or Juice and earning money is next business idea. You need to take suitable place on rent and start this business. It is advisable to take agency of good Ice-cream Company for starting this business.
Hope these ideas are useful to you. 


No comments:

Post a Comment