Wednesday, October 19, 2011

20 Business Ventures Ideas for budding entrepreneurs which can be started within Rs 5 lakh only

No. Business What's it about Skills 
Needed
Amount you need to start (Rs) Gross Profit (%) Break
even period
Company in 
the Name
Entrepreneur(s)
1 Ultra-short temping services Arrange temporary manpower for event managers. There are young people reaady to make some quick money and event managers are looking for more hands. Networking 1,000 20 10 months Radicals, Mumbai Chirag Bhatia, Varun Parekh
2 Shoe wash Canvas shoes were cleaned earlier with just detergent and an old toothbrush. But people who wear today's fancy sneakers prefer paying a bit to have them cleaned by experts. Knowledge of using the chemicals involved, marketing 7,000 40 3 months Shoe Laundry, Mumbai Sandeep Gajakas
3 Food delivery How do you lay out a dinner spread with the best dishes from the best restaurants in town? Or, get food from your favourite resturant? A specialist food delivery service can do just that. Marketing and sales 15,000 20 2 months Dial-a- Meal, Hyderabad Pani Kumar Reddy
4 Uniform making B-schools are making dress codes compulsory for students. Law and medical colleges may do the same. Tie up with these institutions to deliver dresses at student-friendly prices. Man management 20,000 N.A. 1 year Ecstacy Enterprises, Kolkata Atiq Shah
5 Property management Find a suitable workplace for business enterprises and save their time by doing all the cumbersome paperwork for them. Marketing and sales 50,000 50 1 month E-States International,Pune Sundip Joshy, Sachin Dhanwala
6 Telecom Business Consultantcy With the spirit of entrepreneurship reaching new heights, leverage your knowledge and expertise to make business plans for budding entrepreneurs. Networking 50,000 N.A. 4 months Tons Telecom, Bangalore Sridhar Pai
7 Wedding planning Weddings in India have unmatched opulence and are a long drawn process in some parts. Organise them for people who do not have the time. Creativity 50,000 15 Depends on projects you get TAB Events, Delhi Rita Bhasin
8 Concierge services Arrange services like medical treatment, babysitting and even plumbing for newcomers to a place. Networking, communication skills 50,000 10 6 months Concierge 4 India, Delhi Arvind Pandey
9 House keeping (hotels) Help hotels keep their rooms spick and span. Man management, communication skills 50,000 20 N.A. Pristine Interiors, Delhi Ritu Mukherji
10 Pre-recruitment and assessment exercise  There is a talent crunch in India. Help cos hire workers by preparing tests and then evaluating applicants on the basis of their performance. Marketing and sales 75,000 25 2 months MeritTrac, Bangalore Madan Padaki
11 Custom-making chocolates Prepare the perfect food, chemically speaking, and serve in fancy wrappers. Creativity, love for chocolates 100,000 30-35 1 week Rage Chocolatiers, Bangalore Rashmi Vaswani
12 Bus service website Inter-city bus service is booming. Create a webpage that shows all the bus routes and their rates and through which tickets can be booked. Knowledge of IT, bus routes 200,000 10 5 months RedBus.in Phanindra Sama, Charan Padmaraju, Sudhakar Pasupunuri, Bangalore
13 Custom-making festival gifts Innovatively choose festival gifts for a client and have them appropriately wrapped. Sensitivity, idea of direct gift makers' outlets 300,000 20 3 months Sacred Moments, Mumbai Prakash Mundhra
14 Online ads Have a directory of websites and use your access to those in charge of them to get the right niche ad space for a client, so that he maximises his reach to his target audience. Media planning, knowledge of Net, networking 300,000 20 1 year Ozone Media, Bangalore Kiran Gopinath
15 Verification services Informaton security is a big concern for BPOs. Check the background of prospective employees to avoid corporate fraud. Networking with police, legal knowledge 400,000 10 6 months Pinkerton Consulting & Investigations India (PCII), Gurgaon Krishnendu Biswas, works for PCII as MD
16 Tank cleaning Growing use of water tanks and concern for hygiene gives you a chance to displace the guy in dirty overalls and professionally clean tanks with the right equipment. Tech-savvy 400,000 30 7 months TanClean, Mumbai Sunil Uplab
17 Travel guide Pollution, long working hours, stress - customise trips to forests, fishing riverines and mountains for those who just wanna chill  Knowledge about getaways, high fun quotient 1,50,000 35 24 months Outrigor, Bangalore Sandeep Chakrabarti
18 Revenue credit billing Manage the credit finances of hospitals that are outsourcing this job. The quicker you recover money for your client the more the chances of success. Knowledge of insurance, networking 2,00,000 20 3 months Health and Insurance Integrated, Noida Deepak Mendiratta
19 Merchandising services Merchandising by business establishments is growing. Do it efficiently for them. Marketing, creativity 2,00,000 10 15 months Desk Digital Print, Delhi Yogesh Bharadwaj
20 Housekeeping (offices) Help Shining India. Get its offices cleaned. Man management, communication skills 5,00,000 5 12 months Collections, Delhi Ramesh

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