Tracing the business history of our country, it has been noted that the market is ripe for the ambitious entrepreneur to dominate it today.
Some individuals may have the business acumen to influence the market but have not yet managed to narrow down on a single idea to begin with.
So those looking to practise this business can start by renting a space in a small local shop.
This rent will be the primary (monthly) expenditure.
While names like ‘Ovenfresh’ have taken years of hard-work, recruitment, and funding to reach where they are today, it only goes to show that the market is ripe for online food-based services, especially in the realm of baked foods.
Single-handedly run online baking companies are popular, too, like by 23-year-old Charulata Ghosh from Kolkata, which has been turning heads and raising numbers since its inception in 2013.“I started off with very little. But as my business proceeded, I was able to invest in other things like Zomato, custom boxes, and cake boards,” says Charulata, who is up to her elbows in cake considering the non-stop online orders coming her way.
In cities like Kolkata, Mumbai, and Delhi, the demand for good tailors has increased tenfold due to the increasing popularity of self-made designs.
Other than a small rented space, you only need to invest in powerful sewing and stitching machines, and of course electricity.
But as Walt Disney said, “If you can dream it, you can do it.” On that positive note, here are a few business ideas that we believe can be launched within an initial cost of Rs 10,000: The travel industry in India has witnessed a boom in the past decade.
Keeping to people’s changing habits and their desire for the ultimate ‘wanderlust’, the time is ripe for aspiring entrepreneurs to put their money where the map is.