Do you ever get puzzled about the investment required for a business idea in kolkata? You need not be confused on top business ideas in kolkata anymore because in this article we hope to solve this query of yours and prove beneficial for you.
Business is one such thing that every person aspires to do but due to lack of some resources and affordability of raw materials, they drop this idea. Today we will go into the depths of the city Kolkata(capital of India state, West Bengal) and understand what kind of businesses to start in kolkata, what will be the capital investment and what will be the expected profits or margin rates in that particular business Ideas.
Kolkata, the commercial and financial hub of East and North-East India. It has experienced a decline in its economic rate due to the steep increase in the population and rise in the militant trade- unionism. As in many other cities, Kolkata also becomes home to many Information Technologies and experienced fast growth in that sector.
It is not always easy to start a business in any city and especially without any guidance. Research and guidance are the key aspects of any new project. One of the most common questions that strike every person’s mind that what will be the cost to start, it is not always that you need bigger investments only, you can also start your business in kolkata with Rs10,000 or Rs20,000. The main advantage of setting business in Kolkata is that the workforce is available at very low prices. Unlike big cities like Mumbai, Delhi living costs in Kolkata is comparatively lower. So the only investment required is for the raw materials.
As already mentioned about the easy availability of workforce and living standards, Kolkata, the city of joy, provides numerous kinds of opportunities for young minds and entrepreneurs who want to set up business there and who want to nurture their skills and talents in the right direction, Kolkata might seem to be a very good option.
Following are a few profitable business ideas in kolkata and Business ideas that can be started in Kolkata.
FAST FOOD SHOP
People everywhere love munching on fast food, so this business can prove fruitful if started in the busiest and populous locations of Kolkata with few add-ons in your varieties of items.
To start this venture the initial capital investment ranges from Rs 5,000 to Rs 10,000. See not all a heavy investment is required.
One can expect a good margin from a fast food shop like a sale of Rs 1000 or more per day with a monthly income of Rs 30,000 or more as per the engagement of the customers.
A snack bar usually refers to an inexpensive food counter that is part of a permanent structure where snack foods and light meals are sold. This business is something profit can be earned very easily because students love eating unique snacks and can pay you even a higher amount if the quality is up to the mark. Opening this venture at a place where there are colleges and schools can make you earn a very good amount.
Rs 10,000 to Rs 20,000
The profits are just amazing with the margin ranging from 10% and going up to 15%.
Who doesn’t love freshly baked chocolate cookies, mouth-watering, right? People in Kolkata love bakery items and demand quality products and what could be better than home-based products. Opening your bakery and that too from your own home saves you a lot of money like owning a place, you just need investment in top quality raw materials required. To engage more customers towards your bakery, you can use strategies like unique packaging and much more using your innovation and skills.
Setting up a home bakery in Kolkata may cost you around Rs 10,000 or more depending upon your business model.
The probable profits can be varying.
SMALL SCALE CLOTH SHOP
People nowadays prefer ready-made clothes and save their time from stitching the clothes but some people in Kolkata prefer buying the material and get it stitched according to their preferences. There definitely will not be many shops like this in Kolkata so why not go ahead with this idea and present some unique colors and clothing material for the people there. It can also be quite profitable if you target some type of audience and keep in mind their preferences.
You require Rs20,000 to Rs50,000 depending upon the varieties you include.
Opening such a cloth shop in locations where you can attract the targeted audience can make you earn higher profits.
PHOTOGRAPHY AND VIDEOGRAPHY BUSINESS
People all across the globe want to preserve their happy moments and they cannot do it themselves because they are busy enjoying those moments. To capture and record such events and special occasions they hire photographers and videographers. This could be a very exciting business for young entrepreneurs who want to explore their talents in this field and earn good money.
You just need to invest in a good camera that can cost you Rs 30,000 to 35,000.
The profits can vary as there is no fixed range.
This one business has made youngsters crazy nowadays because of its working and has led to making them good earning. Let us understand its working, let us suppose that if you have reviewed a new smartphone and posted a video of its on youtube and also provided its Amazon link in the description box, so if anyone within 24 hours purchases that smartphone you will be getting a fixed amount of commission. The best part of it is that you can generate a full-time income with very low investment.
You do not require any capital for this business. Yes, you read it right, no capital is required.
The likely margin of profits can make your mind boggle because there is no stopping you in this field and you can earn within every aspect of this business.
CAKE MAKING AND DESIGNING
If your cakes always demanded by your loved ones then this is time to take it seriously and on a professional level. To transform this habit of yours into business. This business is especially for all the creative women who want to earn an income just by sitting at their places. Cakes are required on every special occasion. You can create your page online with a unique name to grab the attention of the customers. To engage a higher number of people you can use strategies like a photo shoot of your cakes and posting it on the page created by you. You can also collaborate with a local bakery shop and can get bulk orders.
Initial capital investment is Rs 10,000.
The expected profits can range anywhere between 5% to 10%.
Where there are women, there can be salons. Women of every place want to look stylish and fashionable and this business can be very beneficial and can earn you greater profits because there is something or another that is always in demand in the market and for that women needs salon. If you want to earn greater profits so you can open one in the best locations in Kolkata.
You need to invest Rs 25,000 to open a salon.
The profits in this business is variable.
Kolkata seems to be a very happening city, so where occasions are a usual thing, you need simple things like chairs, carpets, pandals, lighting, etc. to make the event more lively. This seems to be a great idea to open your shop of event supplies.
Rs 10,000 – Rs20,000
The profits are not fixed in this business. It is flexible according to demand of products in the market.
Also consider : Best Business ideas for housewife
This can be very fruitful keeping in mind the points such as people need aggarbatti for their homes specifically for their temples. So, every local shopkeeper in Kolkata keeps its stock, and opening a whole business based on this seems to be quite a good idea because of its margin of profits.
The investment depends on personal choice it can be Rs5,000, Rs 20,000 or even Rs50,000.
The margin of profits depends upon the investment made.
TRAVEL BLOG FOCUSING KOLKATA
Every year many tourists arrive in Kolkata and many people already residing in the city are unaware of the famous tourist destinations. You can start your personal blog focusing on the city. You need to be efficient in writing and the knowledge part would suffice. Blogging is an option in today’s world.
Just an investment in purchasing a smartphone or a laptop.
Profits are variable.
In this business, you can trade highly demanded items such as handmade clothes, toys, customized gifts, hair accessories for girls which could include unique hair clips, scrunchies because these are trending right now and can include more items as per the preference of the locality or area. You can more items to list as per your research of your area because after all, you have the best knowledge of the city than anyone else.
Investment of Rs 20,000 to Rs 30,000 will work for sure.
Profits can not be determined or you can say are variable because we can not predict the number of customers coming to your shop.
Fancy and decorative candles along with good fragrances are always in demand in the market, especially during the festival season. It is an art but you can turn this art into a profitable business by taking bulk orders. It is a very good opportunity for artistic and imaginative people.
Initial investment required is Rs 5,000 to Rs 10,000
You may expect a maximum profit of Rs. 1,000 per day.
During the festive season or for any occasion these seem out to be a very rich option because no one can wash hundreds of utensils, so to avoid all the tiredness, people always use disposable paper plates and cups.
People need simple machinery for this business to set up that can cost up to Rs70,000.
The profits are variable
MOBILE/COMPUTER REPAIRS AND ACCESSORIES
Mobile and computers are something that is present in every household and has become an integral part of human life. They have become an inseparable part of every individual’s daily life as most of the work requires the use of mobile phones and computers and laptops. The demand for mobile/computer repairers is quite high as people cannot visit the authorized service centers every time owing to the high charges being asked by the service centers. If repairing service is made available to people at a comparatively lesser cost, then there will be a line of never-ending customers. Alongside repairing service also offer customers various mobile/computer accessories which can include phone covers. Computer and laptop covers etc. The investment involved is slightly on a higher side with profit figure also going on the higher side. The volume of work can be plenty in this case which makes it a lucrative option for many.
Rs 50,000 – Rs70,000
The profits are variable.
The difficulties are everywhere in starting up a new venture or a business and so is the case of Kolkata. If you are passionate enough to start your business in Kolkata start with something small and eventually, it will grow into big giving you higher profits as the opportunities are unlimited and we only need the right time to seek that opportunity. As you grow in the market there will be new learning for you and new tactics of business, how to deal with customers and how to see profits in every new opportunity.
One has to do planning, research, execution meticulously to run the business successfully. Moreover, if you are passionate enough then you will definitely reach greater heights.