"It's not about starting a business," he says. It's about building ideas but aspiring founders often struggle with themselves before joining hostels - with investment and consideration.
You may have a lot of thoughts, but many times there are ideas which lack the right direction and you decide to change the plans. This is the time when most optimists struggle to find balance.
Starting a business requires a lot of determination and confidence, but you must be clear about your business concept before moving on to the entrepreneurial level.
To make hostels easier, SMBStory has prepared a list of 20 profitable manufacturing business ideas that you can start with a small investment.
1. Handmade candles
Small business ideas
Candles are always in demand, which makes it a very popular business option. The traditional demand for candles comes from religious and decorative purposes. Recent corporate scandals have resulted in increased demand for this specialty. Otherwise, creating an atmosphere for many There is also a growing demand for scented and therapeutic candles, along with restaurants, homes and hotels.
Candle making can begin with an investment of around Rs 20,000 to Rs 30,000.
The raw materials used to start the business include waxes, wicks, molds, yarns, aromatic oils, and more.
In addition to the main raw materials, you will also need some candle making equipment. This includes a melting pot, a thermometer, a pot vessel, a weight scale, a hammer and a stove (melting wax).
2. Pickle
Small business ideas
Pickle is a traditional food in India and is very popular. You will get at least one type of spoon in every Indian family. Thus, if you want to start small, a spoon trade is a safe and easy option.
Apart from the Indian market, the demand for Indian spoons is high abroad.
You can start this business at home with a small capital of around Rs 20,000 to Rs 25,000.
3. Agarbatti (incense sticks)
Small business ideas
India's market for incense sticks (agarbatti) is booming due to high demand at home and abroad.
In most Indian families, the front row is used, and their popularity and demand are increasing during the festival. Their popularity has also increased in other countries due to the increasing popularity of meditation and the use associated with incense.
The first step in small-scale production of incense sticks is to buy bamboo sticks and essential oils from the market, such as sand wood, jasmine, rose, champa-like fragrances. The sticks are covered with oil and dried.
More than 50,000 automatic and semi-automatic incense sticks machines can be used for mass production.
Once the sticks are packed and labeled, they are ready to be sold in the local market.
4. Button
Small business ideas
Buttons used in the button industry are an essential trim and have considerable potential in the market.
From plastics to clothes and steel buttons, there are various categories at this place which you can choose based on your business preferences.
You can rent a place or start at home with a basic investment of around Rs 30,000 to Rs 40,000.
5. Designer lace
Small business ideas
Lace is commonly used in clothing and handicrafts. It is a traditional form of trade and can be easily started at home.
Recent corporate trends have resulted in a considerable increase in demand for this specialty. Lace is also exported to various countries, making it a good option for those who want to start small.
Lasers can be designed manually through a Bobby machine, or a fully computerized machine - when you have decided on the measurement of the work.
You can start this business with an investment of around Rs 25,000 to Rs 50,000.
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