How to Start a Small Business
A small business can bring you lot of success. However, starting a small business can be quite challenging. Unless you know the tricks to subsist, you may find yourself in rough seas. All you need to start a small business is correct business ideas, patience and determination. Once you make a beginning with all these qualities, your small business is bound to succeed.
How to Start a Small Scale Business
The three most important steps to start a small business are listed below:
What’s the Big Idea?
To be successful it is important to have an idea with a very good market potential. Search the web for the same business idea. Identify your would-be customers and competition you are to face. Both of these must be found out thoroughly.
Write a Business Plan
A business plan is your road map to success. With its help you find out initial and running costs. It also enables you meet financial and business goals.
Find out Your Financing Options
Various programs to finance your small business is available nowadays. Find each one thoroughly. Choose the one best suited for your type of business.
How to Start Small Business Without Expending Much?
Do you think you can afford to spend at will when you start your business? The answer is a resounding no. You need to find ways to cut on expenditure. Unwarranted expenditure may lead to wastage. So, you have to be very careful. You can start your savings right from the location of your business. If you plan to run out of your home, you are a step ahead in the game. You save hugely on rent or lease agreement.
Go slow on advertising. At the beginning you need spend fortune advertising on newspapers. The easiest way out is to distribute leaflets to potential customers. Once you have more clients you can go for advertising on a large scale.
Essential Tips to Start Small Business
Some essential tips which can help your business surge ahead fast are
- Have an online presence. Will you ever trust a company without an online presence? Likewise no one will trust your enterprise if you do not have one
- Have a blog that covers your business. It sends the right signals.
- Send out a newsletter for new and existing customers.
- Always have a polling option on your websites. This helps to gauge moods.
- It is very important to advertise in the signature line of your email. This is a indirect but very effective mode of marketing
- Advertise on well-known websites.
No matter what type of small business you start, always stick to the basic rule that the customer is always right. Your business must be based out and out on the customer and his needs. Return phone calls and emails promptly. Accept complaints with sincerity and follow it up with quick redresses. A few satisfied customers is an indication of a great beginning.
Hi there, nice I must say you have given nice ideas for any one like me who wants to start a business in India, I am actually looking to start my own online real estate consultancy business, and I hope these small scale business ideas in india will work well, as there is lots of we can do in online market.
Tks,
Sat
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Mr.jay Reply:
February 28th, 2010 at 7:48 am
Thanks, we are always here to guide you.
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resp. sir
i m from gujarat (ankleshwar). and i have under 10 laks rupess now, i want to start small Manufactureing ind. near my town. can u give me some ieads. which industries is running in current and future market. right now i have a good job. and my position is a manager (f & a) but, i want to increase in my monthly income. and i want to good start of my business
thanking u
bankim patel
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sachin Reply:
February 7th, 2010 at 12:03 am
see as the time is changing ist it was mach age and then tec age now i can see it is going to eco age whare every is has to take care of earth so u can think solar power is bussiness people r going to have.
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Hello,
I am from Kolkata. i am having 7 years of experience in education sector as a admisnistrative head. I want to start a new business of mine in Kolkata. i have under 10-12 lakhs rupees. Please provide some ideas to start a new business,which will help me in current and also in future market.
Thanks & Regards
Sachin
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sachin Reply:
February 7th, 2010 at 12:05 am
i think you should stick with u same pro people will never stop thear children to go to school. u can forme u own school.
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Respected sir
I am from Himachal Pradesh at Hamirpur Distt. and i have under 4-5 laks rupess now, i want to start Gift Items Shop at Hamirpur.i have my own showroom. Can u give me some ideas about the advantage & Disadvantage of this business. Also, what is the future/business expansion in this buiness . Kindly suggest me with the details.
Thanking u
Ashish
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vikrant Reply:
January 10th, 2010 at 7:42 am
I would suggest that you start import export business, there are lots of goods in India, which has potential outside India, and there are good which has demand in India. there is good opportunities in export import business in india.
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hi
i am sameer from delhi. i am planning to start a business. i am intrested in garment fabrication, but i am reciving very negative comments about this industry. I want to know that how to search and approach clients..
thanks and regards
Sameer
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kumar Reply:
February 9th, 2010 at 7:50 pm
any fabrication or manufacturing industries depends upon the demand and supply of the market .so please study the market as like a trader if ur getting the orders frm one place and minimise ur profit margin try to supply from other place. then u can get idea and name in market also then take ur decision by ur own
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Hi,
I want to start business with a capital of Rs 50,000/- only. I have commercial place having area of 250 sq ft. With regards. Virani
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kumar Reply:
February 9th, 2010 at 7:12 pm
u ddnt mentioned ur location any way its better to start with your family members and frnds initially paper bags and printing in paper bags for commercial business ppl cos evry where plastic items been hesitating due pollution initially it will have less margin but it there is a future and demand
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I am Dhanabal I want some idea to start some small business in India, and looking for some new small scale business ideas in India. I am having 20to30 lakh to Invest, but I need solid business plan and it has to show solid growth, then only I’ll invest. Please give me nice small scale business ideas.
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Anonymous Reply:
February 20th, 2010 at 6:54 pm
You can start Surf manufacture Unit. This will give you profitability of 25% at Distribution level. We can further help stock sale deals.
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Respected sir, I want to start my own business in India of fishing, Can you tell me the steps required to start a business in India, I want to know government formalities to setup a business.
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kumar Reply:
February 9th, 2010 at 7:15 pm
better to go nearest district head quarters and register ur firm sisi/msme they will guide u depending upon ur investment. facility is there
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resp. sir
i am from Andhra Pradesh (Hyderabad). and i have under 10 laks rupess now, i want to start small Manufacturing industry near my city, can u give me some ieads about which industrie is running in current and future market right now i am a b-tech final year student my college life is going to end by march and i want your valuable suggestions so that i can succeed in my life .
thanking u
Jitta Bharath Reddy
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kumar Reply:
February 9th, 2010 at 7:18 pm
ur about finish ur graduation 1st try to finish tt one and aft tt get sm experience in tt field rapidly then try to think abt which is best.then u can get proper idea about market.
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Hi,
I am from kerala working in a software company in bangalore having 4.5 plus yrs of experience in this field.I like to start some business of my own.Could any one pls shower some ideas on this.
Thanks in Advance,
Teena
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kumar Reply:
February 9th, 2010 at 7:21 pm
try to register one company first and then try to get the orders within the field.
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i want to go into ngo in ghana, i like community works alot and will like to focus my attention helping rural communities in revgetating the degraded land in my country. any help, i will be very grateful
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kumar Reply:
February 9th, 2010 at 7:30 pm
sampson kwasi hateka u had good commitments ,but it depents upon the quality of soil and i thnk ghana located in africa .lot of indians r living ghana and entire the africa since 100’s of years so try to get the food habits abt indians and sm other ethnics then try toi get the seeds and form ur land it wl be deffinitely useful for u and ppls.
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Hi all,
I work in the mid east right now and planning to set up something on my own as I have decided to quit and settle down in India for good.
I have a commercial property of my own and want to make use of it in starting some small but profitable business in Mumbai.
Having an experience in the retail industry for almost 8 years, I would like to take this experience and do something on my own.
Please guide.
AL.
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Archana Reply:
January 25th, 2010 at 9:40 pm
Hi, I am working as free Lance business consultant in Mumbai. If u want to set up soemthing on your own, you can msg me on my email nayakarchu@yahoo.co.in and I will help you as much as possible.
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Raaj Reply:
February 7th, 2010 at 7:28 pm
Dear Sir, I want to start a small scale business in India. Please provide me some details regarding different types of small businesses which can be start with less investment and capital. I would be very thankful to you if you give me an innovative and profitable idea to start my own business. Kindly reply.
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Mr. Jay Reply:
March 3rd, 2010 at 12:26 pm
Dear raj,
Small scale business can be classified as follows
- Service oriented, -Manufacturing oriented.
- Urban or semi urban, – Rural area
Each of above has great potential in future. And for some innovative idea, you should keep an eye on market view. Because in India market situation is very volatile. You can get opportunity as well as threats, you never know what is it all about.
But it is about a lot for you, Because it gives you opportunities. And if you grab it, you will find your way.
I am suggesting you to first observe the market environment, chose your interest, analyze that industry seriously. And still you don’t get any idea, you can ask question further.
Our motive is to guide you, not to let you asking questions.
Thanx and all the best.
kumar Reply:
February 9th, 2010 at 7:32 pm
mumbai is a good trade center for enter the india try to start tading register online also ,then u can get the pulse of retail market then finalise ur decision
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hi all,
here is one offer from me all of you who is interested can earn a lot in import export business.
I can provide any product like mobile phone, clothes, undergarments (male female), hardware, induction plates, heavy automobile spare parts, and a lot directly from Chinese manufacturers. you can rely the quality and i assure you about the cheapest price you can get.you will earn a lot in indian market and basic investment is also not much.
please do it hurry as I am visiting India for a month in Jan last so get ready for the business. Worth trying me once, if interested then mail me on 008613971203141 or mail at dr.vikrant.ranjan_gmail.com call any time surely I will contact you.
Looking for long term relation………
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Cyrus Reply:
January 11th, 2010 at 12:02 am
Hi Vikrant,
Can you import mobile phones from UK? I have cousin of mine in UK, who is ready to export phones from there, Do you have your import business in UK also?
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vikrant Reply:
January 12th, 2010 at 7:28 pm
hey cyrus,
thanks for the query.
sorry to tell you that i am in china and you know that in all over the world china has reputation of cheapest and good quality product (even USA is largest importer of Chinese goods). so tell your cousin that if he wants i can provide him phones for UK market at much cheaper price.
Dont mind and plz do ask ur cousin abt the same .
i have import business in India and export from china.
all the best and welcome for more queries.
dr vikrant
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Dipankar Reply:
January 18th, 2010 at 9:54 am
Dear Sir, I am from West Bengal, India. I am an electrical engineer. I don’t want to work under anybody. I want to start my own business. Please guide me what type of small business I can start with less investment. Kindly Reply.
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HIREN Reply:
February 18th, 2010 at 8:42 am
Hello Sir, I have my own manufacturing unit. We make nails which are used in hardware & construction lines. Now I want to expand my business. Can u guide me with some opportunities…. Thanks
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Respected sir,
I’m now working in a software company. I’ve 4+ yrs experiance in this field. I’m willing to do a small scale business. I’ve no ideas about this. I want to know the right steps to start a small scale business. Shall you please provide me the right steps to be taken to start a business?
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Respected sir,
I’m now working in a software company. I’ve 4+ yrs experiance in this field. I’m willing to do a small scale business. I’ve no ideas about this. I have under 4-5 laks rupess now,I want to know the right steps to start a small scale business. Shall you please provide me the right steps to be taken to start a business?
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Guruprasad R Reply:
February 4th, 2010 at 10:21 am
Hi, I am working in TCS. I have many Ideas and tactics to do small scale business and my father is doing commission basis work on engineering side. The only thing is we don’t have enough capital to start up a own business. Can you please tell me how to start a small scale business without investment. Thanks
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eJobz Reply:
February 6th, 2010 at 12:34 am
Can you tell me little more detail? like what are the ideas related to? What is the expected growth? How much competition is there? I can surely help and guide you, if you can let me know as much details as possible.
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Mr. Jay Reply:
March 3rd, 2010 at 12:30 pm
Mr. Guruprasad,
you are working at very reputed place. and to start business one needs minimum amount of capital. You just tell me which are the areas you are interested in. Then i can provide you some ideas.
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Sir, I am working as a software engineer for the past 6 years in Chennai. I am planning to start a small business with less investment. I want to be in a job still I stabilize the business. Thanks in advance, Ladha.
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Respected Sir, I am from India, Rajasthan. I am doing engineering right now. This is my final year. I am not in a mood to go for MBA/M.TECH. I want to establish a small plant business. So please give me some idea about which plant should I go for. I would be very thankful to you.
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Hi,
I’m mechanical engineer with 3 yrs experience in conctruction industry, I do have a well to do job but, want to start a small scale business in my native (Hubli, karnataka). I’ve a gang of friends who are all mechanical engineers.My investment would be around 10-12 lakhs. Show me some light..
thanks,
Vijayachandra.
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Hi, My self Viral. I am Chemical Engineer. and doing job abroad with high scale. I want to start any small scale business in either Vadodara or Gujarat. I am also ready to invest. Please advise for the future growing business.
Thanks,
Viral
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Hello Sir, I am from Ludhiana (Punjab). I am working as a accounts officer. I am 31 yrs old and I feel that it is not possible live a quality life in a current job I am doing. So I am planning to do some small business. Kindly suggest me what type of business can be done.
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Mr. Jay Reply:
March 2nd, 2010 at 4:43 pm
That is the attitude man, great. You are aspiring and enthusiastic man. You can start your own business. If you don’t have enough capital, don’t worry. You can start job first and then business.
for you i would suggest :
Manufacturing of FMCG goods
Agency of some big companies
Rural warehousing.
Accounting firm is also possible.
Instead of doing other’s accounting job, start your own accounting firm office or at home.
And start searching for clients also online clients.
Or you can have loans from bank for small business. For that you have to prepare a perfect business plan. And projection of that plan and cost benefit analysis is the must. If you are ready with this, then you have to convince the bank manager. So with proper numerical data and future benefit plan should be prepared.
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Hai, I am from Vijayawada, Andhra Pradesh. I am impressed with the kind of information which is there on this website. I also want to start my own business. Please give me name of some small business in india with minimum investment which I can start easily. Thanks.
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Mr. Jay Reply:
March 2nd, 2010 at 4:38 pm
In the year2009, the textile business was superb performer. And also real estate business worked nicely. Other professions like IT sector, FMCG business. Etc
These businesses are doing very well. And especially for you, I would suggest to start a talent school of performing arts, classes and personality development consultancy. Because you are very much aware about the system over there. Even I have been there for specially for survey purpose. So you can implement such kind of business. One of our clients is running same thing in Gujarat.
Thanks,
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Dear Sir, I am Kiran from Hyderabad. I would like to start my own business with very less capital. Is it possible to start one’s own business with less investment. Can you please give me some nice ideas which I could easily implement..
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Mr. Jay Reply:
March 2nd, 2010 at 4:32 pm
A concept that has come to be known as satellite distribution can be tried in developing a distribution channel in the rural market. Under this system, to start with, the firm appoints stockists in feeder towns. They take care of financing goods, warehousing of goods and sub- distribution of goods in the area covered by the feeder town. The firm also appoints a number of retailers in and around the feeder towns and attaches them to the stockists. The firm supplies the goods to the stockists either on cash or on credit or on consignment basis. You can be a part of this channel.
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I want to start my own small scale idustry with an investement of 4-5 lacs in a small town called jorhat in assam.Plz guide me which are the industry where i can invest??what is the approx gross & net margin???shall i get any subsidy??Does Bank will help me???
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Mr. Jay Reply:
March 2nd, 2010 at 4:27 pm
Bank will definitely help you provided that you are ready with your business plan.
Bank will never provide you loan without scrutinising your business plan.
So you need to have proper projected plan for your business.
Then prepare the documents of your SWOT analysis.
Prepare a report on your social, political, technical, economical aspects.
Then you have to carry out a cost benefit analysis report.
This report will be the most important document. Because banks believe in numerical data.
And this is nice amount you have to start your business as well as to invest.
So decision is up to you weather you want to start with boom or you want to invest.
Select your option and replay. I will provide you guidelines and some samples of cost benefit analysis report.
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I am rupesh from, as this is starting for year 2010, I would like to get upcoming business opportunities / ideas which can be started in india, I am right now in new york, and wanted to start my own business as I am returning to India, What you guys think, what kind of business ideas or opportunities will work in this year? Also can you summariese and tell me which ideas did work in Year 2009
Thanks,
Rupesh
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Mr. Jay Reply:
February 28th, 2010 at 7:42 am
Very good and interesting question.
In the year2009, the textile business was superb performer. And also real estate business worked nicely. Other professions like IT sector, FMCG business. Etc
These businesses are doing very well. And especially for you, I would suggest to start a talent school of performing arts, classes and personality development consultancy. Because you are very much aware about the system over there. Even I have been there for specially for survey purpose. So you can implement such kind of business. One of our clients is running same thing in Gujarat successfully.
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Hello Sir,
My name is Dillip. I belong to Bhubaneswar, Orissa. I have done MCA. I am not employed. But I am planning to start my own business. I am ready to invest some amount to start a business. Please help me to decide in which business I should invest. I am little bit confused. Please let me know your thoughts. Waiting for your reply.
Thanks & Regards,
Dillip
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Mr. Jay Reply:
February 28th, 2010 at 7:38 am
Don’t worry Dillip, you have done your M.C.A and you can convert your knowledge in money. You can start computer hardware and software consultation. You can have contracting firm which does the servicing work of business firms. You have the knowledge man, you need not to wait. This also doesn’t require more capital. So you can hire some employees also. You also can prepare accounting and database software for local big firms.
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Respected Sir, I am a person in a rural belt from Orissa. I want to start a business with a minimum investment. Please suggest me the best possible project. Also let me know what type of business is profitable in a small village in Orissa. Kindly reply ASAP.
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Mr. Jay Reply:
February 24th, 2010 at 4:37 pm
THANK YOU FOR ASKING QUESTION ON RURAL AREA. I HAVE SOME READY MADE SPECIAL PROJECTS TO GUIDE YOU.
YOU JUST SEND ME A MAIL THAT IN WHICH FIELD YOU ARE INTERESTED.
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Mr. Nayak Reply:
February 27th, 2010 at 9:33 am
Hi Mr Jay,
The same i am interested for my brother. Please include me as well.
Thanks,
Mr. Nayak
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Sultan Reply:
March 1st, 2010 at 2:02 pm
Dear Mr. Jay,
I am also looking for any small business in rural area in Bihar. it can be any manufacturing unit highly consumed good in our area with minimum capital.
Regards,
sultan
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Mr. Jay Reply:
March 1st, 2010 at 7:07 pm
Thanks for asking question, Mr. sultan. I would suggest you to start a manufacturing unit of FMCG fast moving consuming goods. These goods are daily need of people.
Specially :
Milk Production
Provision Goods
Rural warehousing agency
To start with, agency is the best, it gives you further opportunities.
Seasonal business, small businesses for seasonal comodities.
Minimum investment is possible in these businesses
Dear Sir, We are almost 3 friends from Mumbai-Dahisar and all are about 28 yrs old, we want to start some business which will give us best output in future. But we have very less capital and we all are well educated want to start something best. Can you plz suggest some best business for us. We are planning for nursery and playgroup with different courses for kids. So can you plz guide me how to start this small business?
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Mr. Jay Reply:
February 24th, 2010 at 4:29 pm
Tank you for asking a question.
The best idea for you is to start SCHOOL OF PERFORMING ARTS AND GROOMING. THERE IS VERY GOOD OPPORTUNITY IN THIS FIELD.
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Dear Sir, I am working in Union bank of India, at Belgaum dist. I want to start a small scale business in India. Please provide me some details regarding different types of small businesses which can be start with less investment and capital. I would be very thankful to you if you give me an innovative and profitable idea to start my own business. If I become successful in business, I will drop my job. Kindly reply.
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Mr. Jay Reply:
February 24th, 2010 at 4:26 pm
Thank you for asking question. Please check your e-mail inbox.
I have sent you enough information on your e-mail address.
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Dear Sir/ Madam, I am from Andhrapradesh. I am thinking of starting my own veterinary medical shop in A.P. Please provide me some guideline about starting this business, how much investment will be needed, what are the license requirement etc. Please contact me as soon as possible. Thanks and regards, R.SUBRAHMANYAM
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Mr. Jay Reply:
February 24th, 2010 at 4:22 pm
So, you are thinking something new, good. to start veterinary medical shop, it is easy to contact suppliers. and as far as budget is concerned, Do you want to start wholesale shop, or a retailer.
If you want to start a retail shop, then don’t restrict your self to veterinary medicines.
Because the major thing to think here is customer frequency.
so think about that and then if you want any help further, ask.
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subrahmanyam Reply:
March 4th, 2010 at 11:54 am
THANKING YOU SIR FOR YOUR REPLY
I AM STRATING A MEDICAL RETAIL SHOP MY QUALIFICTION IS B.COM SO I DON’T NO THIS FEILD BUT I LIKE THIS BUSSION BECASE I WILL PROVIDE A JAB SOME PERSONS WITH ME
SO PLASE TELME WHAT CERTIFICATS I HAVE PROVIDED AND HOW TO PROVIDED THIS CERTIFICAT MY MAIL ID ;rachamallu.subrahmanyam@gmail.com
THANKING YOU SIR
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Hello, Nice topic, every one is looking for a business to grow up in life. This website is really good and helpful. Even I am looking for a business but I don’t get proper information in this threat. I request you to provide me proper guidelines about starting my own business in Bangalore.
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Mr. Jay Reply:
February 24th, 2010 at 4:09 pm
Thank you, Satish. you have that much potential of thinking to start your own business. I have couple of ideas for you. And to start with, What is your budget?
What is your interest?
what is your experience?
What you think that is required in marke ?
And what is demand potential?
Mail me this information, i have some ideas and i will definitely help you.
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Dear sir
I am from Andhra Pradesh (Rajahmundry) and I am working in hyderabad as a software engineer having 6 years of exp ,want to start a small business with a capital of 5-10 lack rupees kindly revert me with the suitable business for the same.
I have interest in film production, travels business, dairy forms and small manufacturing company.
I am totally confused to select the right one; I don’t know the growth and future business opportunities on the above mentioned business.
Based on the business I am ready to start in rural or town area.
A part from above mentioned business please revert to me with a suitable business plans.
Thanks in advance
rk
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Mr. Jay Reply:
February 28th, 2010 at 7:13 am
Mr. rk you are very eager to start your own business. that is a good sprit.
I think you should go with manufacturing plans.
Possible and profitable plans are,
1. Dairy products (milk production) the best, it is daily need of people.
2. Small products: or that you can follow these steps.
And if you start any other manufacturing plan, read following steps very care fully.
A good product design must ensure the following
Function or Performance
Appearance or Aesthetics
Reliability or Life
Maintainability or Serviceability-
Availability
Reducibility or ease of manufacturing
3. Conception
4. Acceptance
5. Execution
6. Evaluation & Review of Design
7. Translation
8. Pre-production
9. Mass level business.
For further guideline ask question. i like to answer you. Thank you.
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I am from Andhra Pradesh -kakinada and retired post master, I want to start a small business with my son under 10-15 lack capital.can you please provide the details of suitable business which I can start immediately.
Thanks in advance.
shyam
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Mr. Jay Reply:
February 28th, 2010 at 6:59 am
Definitely Shyam, we are here to guide you. What is your interest area? First decide that, because you have good amount of capital. So before going on think about your interest and then you can go further. Or you can comment your interest areas, I will help. Thanks.
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Hi Sir
Am a btech Computer final year student
Am not interested to do a job so i would like to start a small online business with less money(am a student)so can you kindly tell a good way to start
Also i have 5 frnd who are interested to start business so is there any small business for us
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Mr. Jay Reply:
March 2nd, 2010 at 3:37 pm
So, Mr. Augustine, you have knowledge, you have friends to help, you have small amount of capital.
Then what are you waiting for? You can start your own computer consultancy firm. You can also start web hosting. You can start Cyber cafe along with game zone.
Dude, you have a lots of opportunity, you need not to worry at all.
So go on and chose your field. Start your own business.
Thanks.
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I live in very small city of India but i want to start my on business with large amount of profit. I can’t decide which type of business to start in such a small city, which will help me i making profit.
please help me by suggesting.
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hi!
can anyone plz tell me ’bout the procedure for registring new self employed company in softwares .
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Mr. Jay Reply:
March 1st, 2010 at 8:03 am
Mr. ashutosh, if you are self employed, then there is no need to register. And if you want to register, then you must have minimum two people to register. And if you want to have your name followed by & co. ,then that is proprietor ship. Other wise no need to register. If you have query still, you can ask question.
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Hi,
Thanks for posting such a nice article on this topic.
I am a Software Consultant by profession, having an experience of 5 1/2yrs.
I want to start a small business for which I can take loan from banks or put in some of my own money(not more than 2 lakhs).
I am from Delhi, can you please provide some nice business idea’s which I can start with on a small scale.
Awaiting your reply!
Regards,
Manish
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Dear Sir,
Currently I am in the U.A.E. I would like to resign my job and look for a better business opportunity in India. I have a very small capital of abt 3 lakhs. Kindly advise me a small scale business opportunity in Pondicherry, India. I am a Chemistry Graduate.
regards,
Allahoudine
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Mr. Jay Reply:
March 5th, 2010 at 9:58 pm
your degree can give you bench job, which would allow you to run equipment and prepare chemicals. you can work for government also. and you can join any educational institution as a faculty, if you have experience in the same field. chemistryjobs.com and bixee.com/Chemist/jobs-in/India/ are links which can help you to find jobs for your stream.
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Sir,
I am(Gopalkrishnan) from Nagpur at present i am working a pvt. co. I am interested to setup a new business with low budjet, but i dont have a any idea of business. therefore i want ur advice.
kindly give me a advice for a new business.
I am waiting ur replay. My Mobil No. 09850678167, 08087935730.
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Mr. Jay Reply:
March 3rd, 2010 at 12:11 pm
Mr. gopalkrishan,
if you dont have much capital to invest, dont worry. because doing something is betterthan nothing.
so first of all, you have to keep an eye on t6he market movements. currently announced budjet has developed lots many opportunities for people like you.
you just go through the part of budget “small scale business planing”.
government has given so many subsidies to promote small scale business.
and for you, i would suggest to start:
Fertilizer manufacturing,
Farming (there is huge huge scope in it according to budget 2010)
small and daily needed products,
Semi urban level education center,
Cattle food supplier,
Cattle medicines supplier,
seasonal goods, seasonal cloths.
Mandi level trading etc.
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I would like to start a small business in mumbai, kindly guide me how to start and what type of business i can able to work for,
regards
Sachin
9867522514
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Mr. Jay Reply:
March 5th, 2010 at 9:31 pm
Mr. Sachin, how can i tell you what you are able to do?
I need to know your profile, your interest, your network etc.
So after that i can help you.
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SAID!
RESPECTED SIR/MAM,
I WANTS TO SHARE SOMETHING WITH YOU !
I HAD START MY CARRIER WITH “HINDUSTAN SANITARY WARE & INDUSTRIES LIMITED”IN 2006 IN DELHI & GURGAON BOTH THE PLACES, MY CARRIER WAS GOING GOOD SUDDENLY MY FRIEND ADVISED THAT WE LIVES THIS JOB AND START A BUSINESS AND FINALLY WE LIVED THE JOB AND START A NEW BUSINESS IN ALL THE TYPES OF MARKETING & OPPORTUNITIES.
BUSINESS WAS GOING GOOD BUT BEFORE LAST SIX MONTH MY FRIEND MISGUIDE ME AND TAKE ALL THE BUSINESS IN HIS FAVOUR NOW FINALLY I HAVE LOST MY ALL LEGALLY OPPORTUNITIES.
NOW PLEASE SUGGEST ME WHAT CAN I DO FOR MY BRIGHT FUTURE.
HURRY….
REGARDS
AMIT KUMAR JAIN
GANDHI NAGAR, SARDHANA
MEERUT
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Mr. Jay Reply:
March 4th, 2010 at 5:03 pm
Don’t worry Mr. Amit.
That was not the end of life. Life is much more than that.
Just come out of that indecent and start thinking about new opportunities.
Take example of our he-man “Mr. Dhirubhai Ambani”.
And what was that business? May it be any thing, but now you got an idea that you can run business very well.
And in Gujarat, there are a lot of opportunities.
So think about it and tell me that what are your interest ares?
Which is your favorite field? What knowledge do you have on that field.
I will definitely guide you. But never get upset. “Chinta chita saman”
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Hi
Dear sir/madam!
I am living in Andhra pradesh in a Village near Ananthpur(Distic). I want to start a small scale industry like Tiles Manufacturer or Tiles Designing company and i want to invest for this below 10 lakhs. Right now i don’t have any idea about this. can any one having any idea about this sector plz give me u r valuable ideas and suggestions to me.
Thanks & Regards
Yours
SIVA.P
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Mr. Jay Reply:
March 5th, 2010 at 9:25 pm
Mr. Siva, first of all you don’t have knowledge about the tiles manufacturing. So if you want to start that business, you have to first observe the field. Visit towns. Visit such organizations. Ask questions indirectly. And who suggested you this idea?
You should ask him/her some questions.
But, because you don’t have knowledge about the field, you must do the field work.
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Hi I am Dinesh from chennai.i am working for MNC but i want to leave this job and i want to start any small scale business along with my friend.we both can invest around 5 lakhs.i am having a agriculatural land of 5 acres with surplus water where peole are cultivating rice and sugar now which are not giving enough returns and i am not giving enough attention to that.Now i am in a confused state from where to start.Can i go to agricultural experts to start anything differnt from that land or start doing any small business in city only.Please help me out in this issue.
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Mr. Jay Reply:
March 5th, 2010 at 9:12 pm
Mr. Dinesh,
You have got both opportunities. And there no question of confusion because you can manage both.
I am going to post new article UNION BUDGET 2010 AND NEW OPPORTUNITIES. Kindly read it out.
This article will give you the guideline, how you should go with your land because, there is a lot in agricultural department.
So you can start your different business in town along with the agriculture. And you can also start business related with the agriculture and deal with E-choupal.
Thank you.
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Hello sir,
I am planing to start montassori play school in chidambaram
how much invesment need and where i can find montassori trained teacher…
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Mr. Jay Reply:
March 5th, 2010 at 9:05 pm
If you are done with your planning, you start it right now. Because it is unrevealed fiend as far as think. Even if people know about this field but they don’t know the actual meaning. It is specially for developing the intellectual level, practical thinning, and it develops child superbly. So, you should start the school and you need capital of between 2-3 lakhs , for searching the staff, you can give advertisement in news paper classifieds.
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sir,
I am from palakkad,kerala , I want to start a business with a capital of 5-10 lakhs.i prefer to have some franchisee types ,could you put some light on the same .Also i want to know about small business orgnisation which are doing marketing types of business as i am also interested in setting up of production line in small scale of any products which will be running in the market today and in future also .If you could put me a mail , i will be greatful ….
Regards
Praseeth
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Sir,
iam frm cuddalore, Planing to start readymade showroom for ladies and gents…
Want to buy selected metrial, from where i can get wholesale rate and good design
How much invesment need to make showroom(interior design) like chennai, b’lore city
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Mr. Jay Reply:
March 9th, 2010 at 12:33 pm
you should have visit of town areas around your place. You need to search for the textile market of your area, take quotations of various merchants and decide which is the most beneficial? Besides, if you have any contact, then try to get secondary information about the same. And about your show room it requires around more than 5 lakhs.
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hi,
i came across this article you are doing great job, and after reading this from first comment to till last, i am sure that here i too find answers for my questions, i born bought up in bangalore finished my b.com and worked for an MNC for 4 years, now married and settled in madurai, i am very much eager to start my own business with very small investment as i am very craze and interested in jute products if possible please provide me details, i know that for this market is very good and even in future too it will go on as a ECO FRIENDLY PRODUCT. please let me know the details if any, you have with you.
regards,
roopa senthilkumar
SMILE ALWAYS TO LIVE HEALTHY WEALTHY AND WISE
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Mr. Jay Reply:
March 9th, 2010 at 11:33 am
Thank you, Mrs. Roopa,
You may not know that Indian jute product are in very mass demand. The nternational market also demants it very egarly, if you can provide good quality.
So, my advise to you is to start with small capital, if possible. Otherwise partnership with relations is also very good option.
And you need not to wait much, because from this union budget, i can predict that these kind of business are going to get many benefits. And anyway there are bigger opportunities to export side, because here you can get excise benefits and lot more.
If you are interested in international markets, i will provide the details of procedure and documentation.
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Hello sir,
I have my own shop of area 200 sq. ft, and have 4 computers, I am looking for some data entry genuine jobs, so that I can hire 4 employees and get the work done from them and
get a REGULAR data job work. But most of the data entry jobs on the internet I found are fake and scam. Pls provide me the genuine way how do I get such data
Entry jobs on regular basis and or possible online data entry also.
Thanks,
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Mr. Jay Reply:
March 9th, 2010 at 11:22 am
Mr. sudhir,
It is true that most of internet data entry job are fake and scrap. So don’t ever register in any such sites which offers you such jobs. The way you can get some data entry work is to search through employment consultancy and BPO consultancy.
And in news paper classifieds also. Because this work is very sensitive and risky, so normally this work is done by some influence or contact. So try these options and reply the results soon.
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Suresh Reply:
March 10th, 2010 at 12:08 am
Thank you for the guidance.
Actually, I want to uitilze my 4 computers and my own small shop of area 200sq.ft in the best possible way. So thats why I’m looking for such a business which I can do there, I’m looking for a long time business, which will grow further. If you have any such idea or suggestion, guidance for starting any such relevant business, then pls let me know. You can also mail me on my email ID sureshkadam123@gmail.com, if you have detail information.
Please guide me further.
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Respected sir/madem
My name is Md Mohsin now I am living and working in (ksa) Saudi Arabia
as a draughtsman for last 2 years. Now I want to come to India and start small business
in low investment so please give me the good business ideas. Actually I belongs to Hyderabad
India. i have one idea I am thinking to start a juice manufacturing business in Hyderabad but I don’t have
Money to invest I have under 1 to 2 laks. So please help me and give me the good
Idea to start a good business in low investment (in 1 to 2 laks only).
Thank you
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Mr. Jay Reply:
March 10th, 2010 at 4:55 pm
Every thing does not start with boon friend. If you have only 1-2 lakh, it is not too small amount. Start with a small capital. Then you can expand your business. So first visit India and get idea of various business over here.
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if i had a 15 lakh rupees which business i can startup with this amount and also tell me how much i have to invest in shares and in small businesses and how much i have to deposit to bank
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Mr. Jay Reply:
March 10th, 2010 at 4:50 pm
So, poonam,
With this amount of capital, you can start many plans.
In fact, bank will give you loan also with 25% of your capital and remaining as a loan.
The figure comes around 60 lakh.
And then there are many ways to expand your business. The question you asked is : How much should i invest in shares?
These are the decisions which you are supposed to take.
If you want to invest in shares anyways, you should not invest entire amount. You should invest less than 30% of capital you have in shares.
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Hello sir,
Thx for ur reply. I have one more plan to start provisional mini super market near pondy. pls tell me abt this business & invesment
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Mr. Jay Reply:
March 10th, 2010 at 4:39 pm
Dear, Manjula madam
you can start this store without any worries. But is the culture over there well versed with the supermarket shopping?
First get this answer, then go ahead. I think now a days, every area of India is aware of these stores. Investment thing, i can not tell you anything right now, because i don’t know exactly on what scale you want to start? Because there is a tough competition for the high scale, again many stores which are regionally successful and many stores which runs on very limited scale.
So give me the detailed description of your plan, then i will guide for sure.
Thank you.
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Dear Sir/Ma’am,
I want to start a FMCG product Super Stockist company in Pune. I have already identified the product & also in regular touch with the manufacturer who is very supportive. I want to know how do I start now, I know I will have to register a company/Firm & after that
What should be my next step? How should I identify dealers?
Also I want to know more about the Octroi Duty, Sales Tax etc.
In short I want to know the initial process/formalities when you become a Super Stockist for an FMCG product.
Your early response will be highly appreciated.
With Best Regards
Sushil
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Mr. Jay Reply:
March 10th, 2010 at 4:30 pm
Mr. Sushil,
You are going on right track. You have to register if you want to start as a company.
And as far as suppliers are concerned, don’t be impatient. Because this is the area where you should take care of your purchasing policy and everything .
First, you visit the suppliers and manufacturers you know. Then apply your business skills and you will get answer your self only. And never rely only on one supplier or dealer. You have to have a back up, because you never know situation can arise that your only supplier don’t have goods. Then the back up one will help you.
You are going to start a big and new business, so these kind of balance must be maintained by you.
Formality in this contract is the only MOU memorandum of understanding with the suppliers and dealers.
This document will include every thing and policy which you decide. That’s all.
If you have any more queries, ask question, i would like to help you.
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