Identifying your unrecognized talent is an important aspect to explore before you venture into the ground zero. Here are five business ideas for women.
A very famous adage of all time -‘Behind every successful man, there’s a woman.’ But what’s the case for a successful woman?
In a recently conducted study, it is revealed that about 8 million women have started or are running businesses. With the exponential rise in the number of successful women entrepreneurs, it’s evident that the role of women has shifted towards making themselves successful rather than being a contributor in the success of their male counterparts.
There are numerous innate skills and abilities with which most of the women are born. It’s just that a few of them realize their potential on time, and they eventually turn out to be successful entrepreneurs. Therefore, identifying your unrecognized talent is an important aspect to explore before you venture into the ground zero.
Here are five business ideas for women that are financially rewarding.
Providing In-Home Child Care Services
If you have a caring heart for children and love to care for children, then venturing into an in-home child care services is a great opportunity. Child care services are highly in demand due to the prevalent fast-paced lifestyles of people. These days both fathers and mothers are working, and leave their new-borns and toddlers to crèches or day care centers.
Most of the parents rely upon in-home child care services because of certain reasons. Thereby, there is a rising demand of in-home child care services in India. The amount of investment that is required to open a in-care child care services business is minimal but the returns could be high.
Becoming an Interior Designer
Women are considered to be a home maker as they acquire the abilities to convert a room into ‘a house’. Therefore, interior designing could be a good option if you are creative enough to design the interiors of a house.
To become an interior designer, a sense of visualization is quite important. A business in interior designing could be started off by trying it out with your own home or close friends' or relatives'. With more and more exposure, the skills can be polished.
An interior designing business can be flourished through strong word of mouth too. Recommendations from your previous clients can work out for you in order to expand your reach. A basic pay of an interior designer in India could approximately range between Rs 50-60,000 per month.
Providing Teaching Services
Teaching has always been one of the most preferred business opportunities for women. With the education sector evolving constantly, teaching profession has taken a completely new shape. With the introduction of new technologies in education sector, new teaching platforms such as online learning platforms, learning apps and virtual reality based teaching, are coming into play.
Providing teaching services to children through online or offline platforms can be a lucrative opportunity for women. With almost negligible amount of investment, you can expect higher returns in teaching services.
Opening a Restaurant/Café
In India, most of the women are the queens of the kitchen. Most of the women are passionate about cooking. Opening a restaurant or café could be a beneficial business opportunity for those who love cooking.
A restaurant business is a rewarding one as the amount of returns is generally higher to that of the amount of investment. The minimum amount that needed to be invested in a restaurant business is INR 3-5 lakhs (the amount varies from person to person, this amount is calculated keeping in mind the basic requirements including space, material, kitchen items and government license).
Starting a Ladies Boutique
Opening a boutique could be a wonderful option for those who are into fashion designing and are passionate to create magic through their apparels.
A good sense of fashion, creativity and business together can help you become a successful entrepreneur.