List Of 20 Inexpensive Small Business Guidelines
1. Bridal Store
A bridal store focused in specialty wedding attire with allied wedding supplies product is a profitable retail venture in clothing and fashion industry. Even in a poor economy, brides to be and their wedding parties spend a lot of money on bridal attire and wedding accessories because weddings are memorable once-in-a-lifetime events.
2. Candle Making
Aromatic decorative candles have a big market. It is used as the gift item also. Candle making business can be initiated as small scale and part time basis. This is one of the most profitable small scale business ideas for women entrepreneurs also.
3. Canned Rasgulla Making
Any individual can start a canned rasgulla making business with moderate capital investment. Additionally, revenue wise the business is lucrative and highly profitable. However, you must ensure a regular supply of fresh milk to your factory.
4. Cashew Processing
In cashew processing, the manufacturing activity includes cell cooking, cutting, cashew kernel drying, peeling, grading and packing. Additionally, you can initiate cashew nut processing as small scale and also as an export-oriented plant. Furthermore, the business demands simple machinery.
5. Coconut Based Business
Coconut production plays an important role in Indian economy. The country is the highest producer of coconuts in the world. The total cultivated area is over 1.94 million hectares. Around 90% of the coconut growing area is situated in the four southern states of India, with Kerala occupying about 50% of coconut cultivated area in India.
6. Costume Jewellery
This is a multi-million dollar industry now. It attracts women of all ages. The major reasons for its popularity are the low price with the highly attractive look. You can start costume jewellery selling from home. You can sell from your own online store. With the innovation of technology, it is easy now.One of the best business ideas for small towns for housewives amd women.
7. Designer Lace Making
With knowledge about lace knitting, any individual can initiate this business from a home location with small startup capital. Nowadays you will find different lace making machines. The commercial lace-making unit is possible by establishing these machines. Designer lace has a very good market demand and is an essential item in designer clothing materials.
8. Detergent Powder Manufacturing
Detergent and washing powder are surfactants. And washing powder is an important ingredient for cleaning and washing purpose. Generally, there two different types manufacturing technologies are available. One is spray dried and another is mixing the raw materials.
9. Egg Tray
Egg trays are made from scrap paper pulp. You can start this business as the home based also. The manufacturing process is simple. However, you need at least an area of 400 Sq Ft to run a small scale egg tray manufacturing unit.
10. Exercise Book Making
Exercise book manufacturing process is simple and any individual can initiate this business with comparatively low startup capital. The demand for exercise book as an office and school stationery item is increasing. According to the demand, several different machinery is also available.
11. Flex Printing
Nowadays, flex is an essential item for outdoor advertising. If you are passionate about starting a small business in the printing industry, you can consider this business. You can start flex and banner printing business by two ways. In both cases, you must have a flex printing business project report in your hand.
12. Ginger Garlic Paste Making
Ginger and Garlic Paste is mainly used as a condiment in various food preparation and also serves as a carminative and gastric stimulant in many medicine preparations. As instant mixes and spices are becoming more popular, the demand for ginger garlic paste is also increasing. The Production process is simple. The product has an immense market opportunity for export also.
13. Grape Wine Production
Of course, grape wine production is a highly capital intensive business. However, the business is lucrative too. Any individual can start this business with substantial capital investment. We can say this is a medium to large scale business. In addition, you must have a proper business plan or project report in hand prior starting this business.
14. Hair Band Making
Hairband making business is a lucrative and profitable manufacturing idea that can be initiated as large scale or small scale basis. A Hairband is considered as hair accessories and used by girls and boys both. With the up gradation and change of fashion trend, different types of fashionable colourful hair band are now very popular. Broadly hair band comes with two different material.
15. Ice Cream Store Business
Ice cream store business with allied products is a profitable retail venture in India. Selecting the right location with right product is most crucial in this business. This is one of the best retail business ideas for small towns.
16. Iodized Salt Production
Iodized salt is a white crystalline powder salt fortified by Iodine. People can easily avoid the iodine deficiency disorder by consuming sufficient amount of salt fortified with Iodine. Iodized Salt consumption is directly related to population growth. Additionally, any individual can start iodized salt production as small scale basis also.
17. Jam Jelly Making
Any individual can initiate jam jelly-making business from home. As your business grows, there are scopes to add similar product line and shifting your project at a convenient premise. jam jelly-making business requires normal machinery and utensils. These are consumable food item and have very good market demand.
18. Jute Bag Making
Jute is a biodegradable eco-friendly item. Designer jute bad has very good market demand and export potential also. By having simple machinery, you can initiate a jute bag making unit at your home location also. For an eco-friendly character, the demand for jute yarn, jute fabrics, and other jute items is increasing very fast.
19. Kids Garment Manufacturing
Infant garment or kids garment industry are growing very fast in India. You can consider initiating an infant garment manufacturing business of your own. In India, this business also has a very good export potential. In that case, you can also consider starting an export-oriented infant garment manufacturing company.
20. Leather Belt Making
The leather waist belt is an item of dress used by young to old everyone. It has a functional value besides being a fashion item. The demand for leather belts is increasing in domestic as well as export markets. It is popular among school-going children and youths wearing western dress. It is also popular among the other age groups of men. The raw materials and skilled workers are also available in the country.