When somebody asks you for any of the best business ideas in India that you can start in 2112, answer is the best business ideas in India that are viable. Believe me, it is the most lucrative business you can start in 2112 and it is also one of the simplest business ideas in India that can be started without much investment. All you have to do is look for the right opportunity and then work towards making it a reality. If you want to know what the best business ideas in India that is feasible, read on.
Business Idea: E-Commerce The reason behind e-commerce or Electronic Commerce is the tremendous growth of Internet in India. As people from all over the world have come to India and due to lack of infrastructure and also due to recession, cash has become a great barrier for every single entrepreneur. So, to overcome this problem, nowadays majority of businessmen prefer to sell their products and services through their own websites rather than making physical presence in the markets. To sell your products and services via a website, you just need an Internet connection and capital investment. Another advantage of this is that you don’t need to put in much effort to promote your products and services and get customers.
However, the major thing holding back the entrepreneurs from making their own website and selling goods and services through it is lack of knowledge and information on the technicalities. So, to overcome this, they prefer to contact an agency that deals in website development and promotion. However, to make the process easy, you can contact any of those agencies, which give you a quote on the same. And, to provide you an idea on the cost involved, here is a breakdown of the same: To begin with, you require an Internet connection and an office space. After that, you need to purchase website hosting and domain name.
Now, that you have an idea on the price of your requirements, now comes the interesting part Low investment and best business ideas in India. Before going ahead with this, you are required to do a little research over the internet and evaluate the plans offered by various organizations. Some of them offer very attractive plans with low startup cost, while others are too costly. This will help you decide your own plan.
Now, if you want to promote your products and services to millions of people, then the best business ideas in India is to use social media for promoting. To do so, you just need to create a simple account in any social media site like Facebook, Twitter and LinkedIn and then promote your product/service. If you have a good idea on using the social media sites, then you don’t have to spend anything at all. However, if you don’t have any idea about using it, then it will require much time and hard work for you to promote your business.
Another best business ideas in India is to start a franchise. Many organizations offer franchise programs to expand their business and at the same time, offering a comfortable working environment for its employees. Franchisees pay a nominal fee for purchasing these units to new companies have to shell out a lot of money as capital to start-up.
If you are looking for a low investment and high profit, then you can consider manufacturing. You can start with any product and then expand after you get sufficient profit. However, there is a lot of risk involved with manufacturing as it involves lots of investment. Many people in India have been successfully running their own manufacturing units after purchasing them from a bigger company at low cost. But, to start-up with your own factory, you need to find adequate space to set up your factory, proper machinery to produce the required products and keep them in order. The demand for the products of your manufacturing will automatically increase once your manufacturing unit becomes more successful in producing quality products.
People in the rural areas of India are facing lots of problems on electricity and most of them are not having access to electricity or any other source of energy. They live in remote areas and they do not have any access to any kind of infrastructure facilities. But, by investing in manufacturing units and setting them up in those remote areas, you can give them an alternative source of energy. You can also provide all the required materials and equipment required for setting-up the manufacturing units. The biggest advantage of a manufacturing unit is that you can obtain high-quality products at very affordable rates and can earn a good profit from your venture.