- #Best business todo in india with 5lakh how to
- #Best business todo in india with 5lakh professional
- #Best business todo in india with 5lakh free
Your networking skills and contacts count more in this business than professional qualifications. Starting with your own home, if you can show friends and relatives that you can help them give a makeover to their homes with your interior designing and decoration skills, you’ve got a small business idea going.
Not many have the time or aesthetic eye to dress it up though. Whether it’s a shared studio apartment or a lavish 5 bedroom house overlooking the sea, everyone wants their little nest to look good. Idea 4: Interior designing and decoration Apart from being a small business, you’d gain some good karma too. Then through word of mouth you could reach out to others. They have to find you trust-worthy and reliable. They might appreciate some support if you can reach out and offer some ideas. Unlike in the west, old age homes still carry a stigma in India which forces many senior citizens to live independently.ĭue to security risks and the health constraints many have limited access to basic services related to general day-to-day activities such as grocery shopping, bill paying, bank tasks, buying medicines, maintaining their household appliances and equipment. But the fact remains that we have a lot of senior citizens who could use a little help. Several parents may prefer a smaller, more intimate setting to leave their kids while they are aware at work.Īpart from regular babysitting, you could provide (MBA buzzword alert!) ‘value added services’ ranging from providing nutritious food, support with their homework or teaching them new skills depending on the kids’ skills and their parent’s paying capacity (craft, dancing, painting, political analysis frameworks).Īll the media publications might be talking about how the average Indian is in the mid-twenties. Most crèches in smaller localities are started in homes. Ask their parents, who’d be more than happy to part with their prized possessions for a few hours in return for some peace and quiet. Just because your clients are half your size doesn’t mean they can’t give you twice the amount of grief and pain. In fact, your client company will do its little bit by making life tough for the same professionals you placed, so both will come back to you with requests for new opportunities. The best part is that your network will only grow. If you can establish contacts with a few small companies in your neighbourhood that don’t have a dedicated recruitment team, you’d have something that you can present to professionals in your network.
The supply side (employees looking for new jobs) is crazy. But many reach out to the employment pool in India through a network of independent headhunters. Some have relationships with big recruitment firms. No, we aren’t talking about employee exploitation.
#Best business todo in india with 5lakh free
Later in the article, we also share a few free resources that we’ve created for you to test & build the skills needed to run your own business.įor starters, here’s a list of the best low cost small business ideas for men and women in big cities and small towns of India.ġ0 Good low-cost small business ideas for men & women in Indiaīig companies do it. So, let’s explore what you can do when you don’t have a lot of money or spare space to launch your new business. If you already had those, you would’ve been busy minting money now and not reading this article.
#Best business todo in india with 5lakh how to
When you are thinking of how to start a new business, whether small scale or big, the immediate prerequisites that pop into the mind are – capital (startup money) and space (e.g. Whether it’s this fact that inspires the entrepreneur in you or any other reason, it’s a good time to explore some of those business ideas that don’t need a lot of money to start. While the story is bizarre and fictional, you’ll realise that the basic principles of operations and management strategy can be applied to any business. It’s a fun, spicy read that introduces management ideas without making them sound like a boring MBA class. It’s a story about management consultants trying to turnaround an underworld organization. If not, pick up a copy after reading this post. Have you read ‘ Business Doctors: Management Consulting Gone Wild‘? Some of them may require highly specialised skills, while a large number may be easier to launch. Some of them may require an upfront investment, others may not. Some of them are gender specific, while a large number aren’t. Though we obsess about corporate jobs with high salary packages, a large percentage of men and women in India get their income from small business ideas that they’ve tapped into to launch their small-scale home businesses.
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