Tag: Start-up

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Business motivation

3 profit-making small businesses you can start under Rs 20,000

business idea under 20000
Business Ideas

The global pandemic of COVID-19 has disrupted people`s lives worldwide. Businesses have shut-down and millions of people have lost their jobs. The industries are doomed and economies are trying to get back on their feet, slowly yet steadily. Starting a new business during this time may sound weird to many.

But when you want to succeed as badly as you want to breathe, only then you’ll be successful! Companies like IBM, General Motors, HP, and Disney, and many others bloomed post-Wall Street crash of 1929, followed by the Great Depression. Also in 2020, there are many Indian start-ups too like Pine Labs, the First Cry, Nykaa, and many others that have turned 2020 into their favor.

During the global pandemic, most of the people are working from home. Hence, there are plenty of business ideas with low investment and high profit that can be started in these challenging times.
These businesses do not require large capital and huge tech-investment. If you have got the skills and determined to start-up your business under 20000 here is a list of ideas you can use:

Home Bakery

Bakers make the world smell better! Well, not only does baking make the world smell better, but also enhances the taste as well. The bakery products industry is expected to grow at a CAGR of 2.5% between 2021 and 2026 to reach a value of almost USD 574.05 billion by 2026, according to data provided by Expert Market Research.
(Source- www.shorturl.at/fjlqH)

If you are passionate about baking and know how to blend the right flavours with the right ingredients, setting up a home-bakery would be an excellent business idea under 20K. You can set-up a bakery with a minimum investment of Rs 15k- 20k. Make yummy-looking pastries, chocolates, cupcakes, and more and post the pictures on social media.

Handicrafts

Another business that you can start under 20,000 is handicrafts. From home décor items, glass handicrafts, wall hangings, vases, and other pottery items, you can start a handicraft investment with as low as 20k. You can build your customer base through social media platforms, word-of-mouth, and by setting up an online store.

Organic Soaps

Asoaps is a part of daily hygiene, therefore it is a product that is used by millions and remains in high demand. If you want to start a business, venturing into this segment may prove profitable. This small-scale business can be started with a minimum investment of Rs 10,000-15,000. You can use this fund to source the soaps from vendors to resale them under your brand name. You must have all the necessary certifications and registrations that are required to sell consumer goods.
Start your New Year 2021 on a good note with these business ideas with low investment and high profit. You can kick-start your business quickly with our business training programs. Learn the business fundamentals from the industry experts in just 15 minutes. Access everything you need right on your phone with step-by-step instructions. Find solutions from high-quality content for your business problems anytime, anywhere with https://www.badabusiness.com/life-time-membership?ref_code=ArticlesLeads
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Startup

5 Ideas to Start-Up Business in Healthcare Sector

Start-Up Ideas for Healthcare Sector| Representational Image (Photo Credits: Pixabay)
Start-Up Ideas for Healthcare Sector| Representational Image (Photo Credits: Pixabay)

The business environment is quite uncertain. There are constant changes in the way it operates. It is affected by several factors, including political, social, legal, and cultural among others. A business therefore experiences many direct and indirect interventions making its path highly unpredictable. However some businesses are hardly affected by such market fluctuations. One such is the healthcare sector. The medical and healthcare businesses are not prone much to disturbances in the external environment.

As more and more businesses are away from the traditional brick and mortar shops to advanced website and other online platforms, varied opportunities for starting non-conventional business in the healthcare sector has also emerged. Here are some of the start-up ideas for healthcare sector-

Health Information Website

One of the most straightforward business ideas for healthcare or medical sector is to start a website to provide information on routine healthcare. People are increasingly becoming more and more health conscious and are seeking for quick tips to stay healthy or the uses of medicine. The website can have multi-format content such as blogs, podcasts, infographics, videos, tutorials, articles, multimedia stories etc. It can be divided into different categories based on the food habits, working life, other health problems of the people.

Daily Nutrition App

More and more are becoming aware about the need of proper nutrition in their diet. An app with provides information for the nutrition requirements of the user depending upon his/her physical activity, BMI etc., can be highly useful for the health conscious people who are busy in the life enough to not have any time for separately looking for such information. Users can also provided by the opportunity to get in touch with a trained nutritionist or dietician who can help them to regulate their intake, helping them realise the effects that various foods have on their health.

Medical Records Management App

One of the best healthcare start-up ideas could be to start a digital service for hospitals, clinics, and doctors’ offices to help them manage their medical records It could assist the users to maintain and identify medical records of their patients in an organised and chronological manner. Moreover, even individual with heath conditions can also keep regular records of their condition.

Maternity/Child Care Guidance App

Many new parents face difficulty in accessing doctor as and when required and look for continuous guidance on how to take care of their new born.  You can build an app that has all the necessary information related to various stages of child birth and care. A child-specialist can be roped in for advice in emergency situations. A similar guide on pregnancy will also add to the demand and usage of the app.

Mental Health Tracker App

In today’s faced passed-anxiety inducing world, more and more people are facing several mental and emotional disturbances. Many of them are too afraid to seek help owing to the stigma associated with it. An app devoted to keep a track of the mental health of individuals is a highly viable business idea. Counselors and therapist can be roped for users to discuss their problems anonymously. Daily mental de-stressing activities and exercises can be an added attraction of the app.

Heath is the biggest wealth a person can ever earn, with growing awareness of importance of leading a health life, people are progressively looking for sources to guide and regulate their lifestyle. A start-up in the health-care sector will be highly profitable and useful for both the service provider and user.

 

 

Categories
Business motivation

Business From Home: 4 Ideas to Kickstart Your Home-Based Business

 

What could be more tempting than being the entrepreneur you always wanted to be and running the business in the comfort of your own home? Home-based businesses have not only helped professionals follow their passion and be their own boss, they have also served an even greater purpose – the purpose of making the women of India financially independent and stronger than ever!

With the help of this article, we are here to especially support the brilliant minds that have the passion, zeal, and zest to initiate a home-based start-up, but are faced with various inhibitions and constraints such as being a homemaker, inability to finance an office space, etc.

 

Personal Protective Equipment

Some samaritans started making these medical gear when our healthcare professionals, frontline warriors, and the common people were struggling with the shortage of masks and gloves amid the coronavirus pandemic. We eventually witnessed many people starting the business from home where they made the Personal Protective Equipment (PPE) and provided them to the needy. This movement not only helped the nation cope with the shortage but also helped many small entrepreneurs establish themselves and become independent.

 

Online Seller

The list of home-based businesses would always look incomplete if it doesn’t mention online business. Becoming an online seller on e-commerce platforms, such as eBay, has always been topping the list because of its viable nature. However, becoming an online seller requires you to stay on your toes always as customer satisfaction is what this business is all about. If you falter, the negative ratings start to pour in, tarnishing the image of your business. Nevertheless, if you are completely aware of the terms and conditions along with the refund policies, you will be successful despite the cut-throat competition in the market.

 

Digital Marketer

It wasn’t long ago that businesses were not that familiar with the concept and importance of digital marketing. However, with time, this field of marketing has prospered and how! It is not considered wise if a business doesn’t prefer digital marketing to promote and grow in today’s day and age. This global pandemic has taught us the importance of going digital and it is only a matter of time before digital marketing dominates the entrepreneurial world. Considering the immense and great money, it would only be wise to opt for this idea as it could be executed while staying home.

 

Graphic Designer

Now that the businesses rely heavily on digital marketing, the demand for eye-catchy graphics has emerged as the need of the hour. Corporations are ready to pay generous money to graphic designers who have the potential to deliver some great quality content that could help them promote their brand over digital media. If you have the right talent and an eye for appealing visuals, you could make a business out of it. Added to that, it doesn’t take you more than a laptop to kickstart the process. What more could you ask for?

 

No matter what your objective is, there is something for everyone. It doesn’t matter if you just want to focus on a business that brings you some good amount of money or just a business that supports your passion as well as helps you make decent money, you will be able to find something to do. There are n number of options available around you but figuring out the one for you becomes the actual challenge. However, if you have a clear vision and a goal to achieve, nothing will be able to stop you from reaching for the stars.