Business ideas that will help women entrepreneurs to steal time and get a better work life balance while running a profitable business.
Women are the best multi-taskers. They are complete hands on in everything they do. Juggling too many responsibilities and slipping in and out of the shoes of a home maker, mother and a business woman, she is always on a race against time. Here are some of the business ideas that will help women entrepreneurs to steal time and get a better work life balance while running a profitable business.
Yoga Centre – Yoga is ancient in India but new as a business model. It is an excellent business opportunity for women as more than 70% of the yoga instructors are women. This segment is still struggling to get attention from the end customers who are presently more prone towards other fitness regimes as compared to yoga. This surely offers flexible working hours where the instructor can make good profit by devoting 4-5 hours a day. The investment should be somewhere around 50-80 lac in an area between 800-1200 sq.ft.
Related: Opportunity in Yoga Sector
Investment Advisor –Investment Advisory is another most favoured business ideas for women that gives them flexible working hours and opportunity to make money at the same time. The most glaring example in the history of insurance in India is a senior Kapoor scion and wife of Rajan Nanda, Chairman, Escorts Group – Ritu Nanda who won many awards and accolades for her achievement. People now are looking at investment in a more definitive and result oriented way than before. Evidently, there is a lot of potential in this field.
Related: 10 Low Cost Business Ideas
Personality Development Classes – Acquiring soft skills and good communication skills have become very important these days. Personality development classes are gaining popularity in schools. So an entrepreneur can start her own centre or tie up with schools and coaching centres. Catering to a customer segment starting from six years to mid-level executives, this segment presents opportunity to earn profit as well as respect.
Skill Development Classes- India is much behind of its global counterparts as far as skilled labour is concerned. Read opportunity when we say that India needs to have a skilled work force as strong as 500 millions. The unmet demands call for constructive action from entrepreneurs who can take charge. With flexible working hours devoted to the business, this business concept is also very relevant to the fairer sex. Depending upon the business format, the investment would be somewhere around Rs.10-20 Lac on an area of 1000-1500 sq.ft.
Consultancy- Consultancy has been the most preferred part time occupation opted by professionals who can’t or don’t want to devote full time for work. Consultancy could include anything from providing content solutions, digital solutions, placement assistance, public relations, business consultancies as well as financial consultancies. This involves visiting the client office for a stipulated number of hours which is required to finish the work. This is a good source of income for women with benefits of flexible working hours
Marketing Research- Before launching a new product, corporate houses carryout market surveys, Group Discussions for which they outsource the work to women. This profile helps many women to earn by devoting a few hours and by creating new connections.