Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
Startups 2017-09-08

​Business Ideas for Budding Startup Enthusiasts

Technavio has released a new market research report on the global SMB and SME NAS market, which is expected to generate revenues of $18 billion between 2016 and 2020.

By Senior Sub-editor
​Business Ideas for Budding Startup Enthusiasts

Prime Minister Narendra Modi’s ‘Make in India’ move has paved way for all the budding entrepreneurs and businessmen.

A study by the market research firm Zinnov said, India, which is home to about 4.88 crore small and medium business ( SMB )s provides employment to 81.16 million individuals and is all set to become the largest SME nation globally.

Micro enterprises account for 95% of total SMBs, small & medium put together hold the remaining 5% share and 55% of SMBs are located out of urban cities whereas 45% are situated in rural areas.

Technavio has released a new market research report on the global SMB and SME NAS market, which is expected to generate revenues of $18 billion between 2016 and 2020. The report also read that global SMB and SME NAS market is set to grow at a CAGR of 33% by 2020.

To be a start up owner, one does not necessarily have to belong to an entrepreneur, or businessmen family. It needs a strong idea, initial investment and enough courage to take that leap of faith.

Here are some ideas to help the under confident aspiring entrepreneurs and businessmen:

Professional Photographer:

To begin with, one needs a professional camera and some photography skills and you are set to start your startup.

There is a huge demand for professional photographers, as we live in the era of Instagram, YouTube and Facebook, where live runs purely on social media.

Be it a pre-wedding shoot, making a short film or web series, a professional photographer is what being looked out for.

If photography happens to your passion, you are half way through into the business, just learn the skill of making money.

Interior Designer:

If you have the creative ability to decorate houses, or if you want to follow this but lack some skills, there are a lot of colleges, which offer training.

The bottom line is if you really want to pursue this as your startup business, all you need is to bring super creative people under one roof and start working.

This work is very much in demand and there is cut throat competition, so to be in top, you have to be really different from others.

Printed T-shirt Retailer:

Starting an online retailer as a startup is a smart move, because unless you firm your roots in the retailer market, coming up with brick and mortar store might not be a good idea.

There is a huge demand for printed t-shirts, with funky, quirky and witty designs or quotations among the youth. One can venture into the field of online retailing with these merchandises and spread the brand and demand for such products.

One can also hire a creative team to come up with such one-liners and pictures or cartoons to paste on plain t-shirts.

Guides and Translators Provider:

There is a lot of foreigner flock in to different places from other states and countries as tourists and travelers, who do not speak or understand the language of any particular place.

Hence one can come up with a website, which will provide guides and translators of that particular place to help those foreigners.

This idea will work best in the touristic places; moreover it will also provide employment to the localites of the area.

There are plenty of ideas, but one cannot predict which idea is going to work for whom. One should follow one’s instinct when it comes to startup business.

star franchise india
Related opportunities
  • Quick Service Restaurants
    About Us: Pangu Hospitalities Services Pvt. all set to become..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
  • Education Supplies
    About Us: Air-hostess & Pilot Training School was started in the..
    Locations looking for expansion Punjab
    Establishment year 2011
    Franchising Launch Date 2012
    Investment size Rs. 20lac - 30lac
    Space required 1200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Jalandhar Punjab
  • Language Schools
    About Us: The British Institute of Engineering Technology (I) Pvt Ltd (BIET), London..
    Locations looking for expansion West bengal
    Establishment year 1950
    Franchising Launch Date 1992
    Investment size Rs. 2lac - 5lac
    Space required 500
    Franchise Outlets 50-100
    Franchise Type Unit
    Headquater Amherst street West bengal
  • Others Food Service
    About Us: The best Café of the year 2018 (Times Business..
    Locations looking for expansion Karnataka
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
Insta-Subscribe to
The Franchising World
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts

ads ads ads ads