Top 10 Most Profitable Business Ideas | Successful Small Business Ideas:
You can start an eatery that serves food and drinks to customers in exchange for money. Meals are generally served and eaten on the premises, but many restaurants also offer take-out and food delivery services which is the need of the hour. This business requires a lot of planning and hard work. With a few skilled workers, you can start this business at a medium investment from any organization.
2. Readymade Namkeen Breakfast Shop:
Namkeens are easy Breakfast that can be had on the go. You can start a Readymade Namkeen Breakfast Shop across the street as people prefer readymade Namkeen and breakfast instead of cooking at home and it is an easy snack.
3. Mobile Sales and Repair:
The mobile phone business is growing exponentially. If your customers who buy phones from you ever need mobile repairing services, there are high chances that they will come to you to get their handsets repaired. Your mobile repairing business can be a highly profitable business venture if it’s run in a professional way. The best thing is that you can start this business with a very small investment and with little experience in the same.
4. Package Drinking Water:
The demand for packaged drinking water is growing exponentially in small towns and cities in India. This is an evergreen business and there is a place for everyone who wants to step into this opportunity. Investment required in this business depends on the size of the business and the clients you hold.
5. Jewellery Production & sale:
If fashion is an area where you thrive, and you have a talent for creating unique jewelry then you can start this business. You can build a name in the local market and ask for referrals from previous customers to excel in this business.
6. Dairy:
Milk and milk products are always in demand. All you need is a small shop and cold storage facility to run this business. You can serve milk, sweets, and related products and establish a dairy business.
7. Commercial and Industrial Machinery Equipment Rental:
Offering commercial and industrial machinery and equipment for rent to various industries like construction, mining, transportation, and forestry machinery could be a profitable business idea. These firms generally do not own a store-front facility. As this heavy machinery are usually very costly, companies prefer renting them instead of buying it. This business requires moderate investment, but the returns are high compared to other businesses.
8. Travel Agency:
A travel agency is a public service related to travel and tourism. You need to have good communication skills to start this business. You can also operate from home and do not need to rent a place for starting this business. You can provide Air, Road, and Railway travel tickets to start with. This business is in huge demand in metro cities.
9. IT Hardware shop:
Hardware shops provide hardware items building materials, plumbing materials, etc. to huge electrical materials. To start this business, you need to have knowledge of the products. On average good performing, hardware makes a net profit of 10% on its daily sales.
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