11 Most Successful Small Business Ideas in Gujarat 2019
If you’re looking for profitable ideas for a small business, you’ve come to the right place. We’ve rounded up some of the best options in the state. Some of the ideas we’ve selected include: a Beauty parlour, Typing service, Scrap collection, Room rental, and more!
Beauty parlour
Getting into a textile business in Gujarat is a good small business idea, because this state is one of the textile hubs of India. Gujarat is the third largest producer of denim in the world, and a small-scale garment manufacturing business can provide you with a steady income within a short span of time. There are various ways to raise capital for your small business in Gujarat. For example, you can start an online title loan business if you are short of cash.
You can also consider starting a shoe-cleaning business. Back in the day, people used to clean their shoes on their own, using a toothbrush and some detergent. However, nowadays, shoes need a little bit more than that. You will need good marketing skills and knowledge of chemicals to start a business in this area. You can earn up to 40% gross profit in this business, and the initial investment is only Rs 2,000-3,000.
Scrap collection
Scrap collection is a small business idea that can make you a lot of money. This business is extremely profitable and you can even get into it with a very low startup capital. Since it is an environmentally-friendly business, you will also be helping the environment while making a profit. Moreover, it will also create employment opportunities.
Those interested in starting this business should be aware of the rules and regulations related to scrap collection. First, you must know about the recycling centers in your area. Second, you need to know what raw materials you will need for your business. Finally, you should have a creative mindset and be able to develop new products out of scrap. This is because, after melting the scrap, you will need to use your skills to create items that will appeal to customers.