Small Business

May 10, 2009 29 Comments

To promote Small Businesses in India, the government has come up with a wide variety of schemes and incentives. Youths can now look forward to make the most of these initiatives and become self employed.

Small Businesses in India aim to make youths self employed. Small businesses in India have contributed a lot to the growth of India. It has helped bring about the transition from agriculture based occupation to industrialization.

Because of its self employing and self supporting ability small business in India is becoming popular among rural, semi rural masses and with unemployed urban youths. More and more youths are choosing to venture into small business.

The government of India has taken many a steps to help people start small businesses. Some such steps taken are:

  • Industrial extension services
  • Providing credit facilities
  • Promoting sites for construction of sheds
  • Providing extensive training facilities
  • Supply of machinery on hire-purchase terms
  • Adequate help for domestic marketing as well as exports
  • Special incentives for setting up enterprises in backward areas
  • Technical consultancy
  • Financial assistance for up-gradation

Small businesses in rural sectors also aim at making woman self sustaining. With the help of government loans woman can start businesses of their liking. Some important businesses which one can start in the rural market is grocery shops, chemists store, food outlet, textile shops, fodder shops, cycle repairing shops and lots more.

Small businesses in India can help youth dream big. With little efforts they can turn their dreams into reality.

If you have any queries, questions and doubts in regards to how to start a small business in India, or which small business to start in India, please ask us.

29 Comments »

  • J.Franklin said:

    I have Finished M.Sc and i want to do a small business. What are the Help that government would do to start a small business. Did provide loans for starting a small business. Can u tell me about this…

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  • Irfan said:

    Hi

    my Self Irfan From Belgaum , Looking for start my Own Business ,
    some help me for start my Business , which type better for Business
    I can Invest 50,000-1,50,000 only

    please tell me

    give me ideas

    mail me :-

    irfs123@gmail.com

    thanking you

    Mahammadirfan I Jamadar
    9980048046, 9844163550

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  • keyoor said:

    Hi, I am Keyoor Patel from Vapi (Gujarat) I am Looking to start my Own Business in here, I need some help, so kindly guide me to start my Business , which type is better for Business, I can Invest Rs.50,000 – 1,50,000 only, can you please tell me give me ideas.

    Yours thankful,
    keyoor

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    eJobz Reply:

    Thanks for your question, I am glad you are interested in starting your own business, I can surely guide you but you need to give me some ideas on your interests and skills, because any business will not run without proper interests and skills.

    Please update me, and try to give as much information as you can.

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  • sahithi said:

    I am a M.A qualified. i want to start a own business. Which will make employment to few people and give my contribution to my country being economical strong, can anyone share their Ideas, I want to start a business that has good opportunities for people around me.

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  • srinivas said:

    i am studying (M.B.A) and I am a railway employee, i have a will to become my wife a employer. and now i want to start a businees which would run by my wife who is sitting idle with qualification . . . . . I can give her moral and immoral support. So give me few ideas to take a step to new….

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  • Mrs.Rai said:

    Hi, I want to start a business in INDIA. I like to start a small business of home made eatables. I want to know what are the steps and from where do i start this business. Waiting for your response.

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  • ganesh said:

    Hi, I am planning to launch a financial service company. So, will the government provide any kind of funding to me? Also, please let me know what are the formalities involved in starting up a new business.

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  • praveen said:

    I have got lotz of information of business ideas but i want to know abt how to hire labors and workers ….. may i let it know because in these days it is really tough to get workers and labours ? can you guide me how can person hire or get workers for the factory or office.

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    murugan Reply:

    hi i can help you to find the worker for monthly basic so can u tell me wat kind of pepole u want and wich location if u like same businese v can starte as a partner in my place were worker is available please send me ur details

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    Mr. Jay Reply:

    Which city are you from?
    Then only i can provide contacts and details of labor unions.

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  • Lakkhi said:

    Hello, I have come across a natural product “wheatgrass” and I find it good for niche market. I want to start with manufacturing or trading of this product. So how do I go about it. I need some inputs. If you could help me by giving suggestion regarding the start up, I would be so grateful to you. Awaiting your response.

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  • SANTOSH SWARN SINGH said:

    Hello Sir,

    My name is Santosh Swarn Singh I live in mumbai i am well settled and work for oilfield for MNC as i do 5 weeks on and 5 weeks off i want to start my own business which can grow in to big business as i am very ambitious person but i will not be able to look after the business as i can invest around 20,000 lakh please can you gide me what business i can do thanks

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    Mr. Jay Reply:

    Mr. Santosh, if you want to start your business, there are end no. of ideas. But you need to trll me about interest. According to that i can suggest you something. And you have to look after your business in initial stage. New business is very dinamic in nature. You provide me further details and i will provide hundred ideas. But be precise.

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  • Mayur said:

    hi all
    I am in ahmedabad i want to start small business in ahmedabad or kheda. i have farm near kheda. i wamt to start cyber cafe in kheda or any small business in ahmedabd. please sujest me.
    thank you
    Mayur

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  • murugan said:

    Hello Sir, I am working in Saudi Arabia. I want start small home based business in Tamilnadu my home town. So please give me some ideas which type of business can be start from home.

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  • Harsh said:

    Dear Sir, I would like to start small business related to agriculture. I am from Hyderabad and specially interested in agriculture. Can you suggest me the small business which related to agriculture. I can’t invest much.Please give me ideas. Thanking You
    Harsh.

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    Mr. Jay Reply:

    If you are aware about the e-trading then that is best. And if you are not then search. You can start e-trading of agricultural commodity, or you can start mandi level agency. If you are able to manage some capital, there is a great opportunity in rural warehousing. Big companies will come to you.

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    satya krishna Reply:

    hi… tht know abt etrading is buying and selling through
    electronic media. and i dont know abt rural warehousing. can u explain abt tht?

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    Mr. Jay Reply:

    Sure, rural warehouses are in a huge demand now a days. Big companies which want to expand their business in rural India need this service. For them it can be additional cost and it is also time consuming for them. So in India around 570000 villages are there. And out of those around 32% area is the target of these companies. And the villages having density of more than 5000 people are best options for rural ware housing and you can start with 2-5 ware housing agency. This business has a bright future. Thank you.

    satya krishna Reply:

    You can start e-trading of agricultural commodity

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    Mr. Jay Reply:

    Harsh, I think you should opt for the business which is not capital oriented. Here is a plan, read it care fully. And then you can become stokist, distributor or retailer of local FMCG brands.
    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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  • sanjoy rahut said:

    Myself sanjoy rahut from west Bengal owner of goodwill traders / goodwill India, I am going through a business that trading also manufacturing of water purifier ( internationally equipped ) there are so many models … if you are interested in this … you can go with the business in your local business area with low investment . Whatever if you want detail.. Feel free. . .mail me

    Sanjoy rahut

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  • I need help to start my own business said:

    Hello Sir,
    Before I read, IT HAPPENED IN INIDA, I was planning to start my own business of Marketing Research and named the company as MRSC (Market Research and Survey Corporation). After reading i feel dedicatedly to start my own business also i have some experience in marketing research, although i covered of huge repulsive opposition from my family and friend. But finally i decided to start my own business.
    Now i can’t go back, i have to start the company that too on my own expanses and i am extremely dedicated to start and maintenance of the company in any of the circumstances.
    I need suggestion from your side that how find the contacts of clients related to marketing research. I found many contacts and send them mails to tell them about my company but i am not getting any responce, also i visited many companies but another no show. Also i need some financial support.
    In nutshell, it will be great help of yours if you provide some information regarding how to clients related to Marketing Research and what all are firms which can provide financial support for starting a new company which can provide financial aid

    Regards
    Jagdish Chaturvedi
    9717917587

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    Mr. Jay Reply:

    Without showing fruits of future no bank or financial institution will help you. So first thing is you should develop a very well descriptive project of your business. And prepare SWOT (strength, weakness, opportunities, threats) analysis and SLEPT (social, legal, economical, political, technical) analysis. Then prepare a presentation. After scrutinizing your project, banks will help you. And try to approach co-operative banks. These banks really help people like you. Ad after that, you know marketing very well. So all the best.

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  • satya krishna said:

    i am satya krishna prusing b.tech final year, just i want to start business on my self can u suggest some ideas and how ever i did kaju business(supplying kaju to reasturants) but due to some reasons it stopped. i am having gud realtion with reasturant owners

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    Mr. Jay Reply:

    Don’t worry, that was not your last chance. Just follow these steps.
    T – Think (brain storming, thinking of different ideas and your interests)
    C- Concept developments (then chose your idea and develop that as a concept)
    P- Plan (now to implement this concept decide a plan)
    E – Execute (now the stage comes of executing)
    E – Evaluate (now evaluate these concepts, and try to improve)
    Be smart; don’t waste time because you have a will so there will be a way.

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  • Ankur said:

    Hello Sir,

    I am interested in opening a food outlet in Bangalore(small one with limited but quality items). Since I am a newbie to this business world, please can you give me some guidance like – how I should proceed or what should be the steps that I should follow in opening an outlet?

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    Mr. Jay Reply:

    Mr. Ankur,
    You should follow the steps mentioned bellow.
    - Read the environment the area where you want to start your business.
    - Now you will keep an eye on your competitors. Because you are going to enter in very developed field and there are so many competitors.
    - You are not an illiterate and you should not go blindly.
    - Then which are the items those they don’t provide?
    - Which items are in demand?
    - Then look about your capital capacity.
    - Then visit all of those outlet and observe the service and level of sophistication.
    - All these thins are according to modern management system and very important.

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