Best small business ideas

Hello sir my wife wants to start some business so please provide me some new business ideas which are famous in market.

[Shaleen]

At present, there are a large number of young professionals who are looking to earn quick money with minimal investment. So here I am providing you information about new business idea.

Ideas for starting new business

1. Starting Off with Rs. 1,000

A great business idea to start off with nearly Rs. 1,000 is ultra-short temping services.

As a part of this business, the companies provide manpower services on a temporary basis to event management firms.

The break-even period for this business is close to 10 months and a gross profit of approximately 20 percent can be expected.

An important skill needed to make this business a success is networking.

2. Business Idea for an Investment of Rs. 7,000

A good business idea with a budget as minimal as Rs. 7,000 is a shoe-wash company.

In order to be successful in this business, it is essential to know how to use chemicals and a fair degree of marketing skills are also required.

The break-even period for this form of business is at least three months. The businessmen can expect a gross profit of nearly 40 percent in this case.

3. Business Idea for an Investment of Rs. 15,000

Having a food delivery service is a great business idea if a person has around Rs. 15,000 with them.

Nowadays, customers want the best food on their tables without making the efforts to go and get it and this is where a food delivery company can come in handy.

The main skills needed to run this business smoothly are sales and management.

4. Business Ideas with INR 20,000

If a person wants to start a business with Rs. 20,000, they can start making uniforms.

Nowadays, even business schools and medical and law colleges are making it mandatory for their students to wear uniforms.

Interested businessmen can establish contacts with uniform manufacturing companies and provide dresses at convenient prices.