Budding entrepreneurs today have so many new business opportunities to explore. To start their own business all they need is the correct mindset. They need to have proper knowledge of the business venture they decide to start. One should also do a market survey and interview local people and get to know about their problems.
Want to start your own business and that too in Kanpur? You have landed at the right place in search of business ideas. Read the article till the end to have an insight into the business ideas and the skills needed to start the business.
Kanpur, a city in Uttar Pradesh, is an important commercial city in India. Setting up your own business in Kanpur can be challenging as well as highly profitable because competition is increasing day by day in the city. So one needs to be creative, unique in selling the products and services.
Let us start discussing some of the business ideas:
FAST FOOD SHOP
If you love cooking and making new dishes, then this is the right business venture. You can start a small business because it doesn’t require a large investment. You can also take catering orders to have additional profits. Setting up a joint like this in a populous city gets you a huge number of customers if you are willing to provide a high quality of products.
Kanpur people are quite inclined towards these joints because of the moving populations, people going to office in the morning, students going to their institutions, this definitely benefit you. For starting a joint you need to first acquire hands-on licenses and permits. Determine and search for the perfect location for the business to start so that you can get a huge number of orders.
Develop a menu in such a way that you stand out from the rest of the competition in the market, work out the pricing thing, research for vendors, obtain necessary types of equipment, get the word out in the market and promote your outlet through advertisement. You are all set to start your breakfast joint in Kanpur.
CAFE
Café business can become a huge success with a little bit of creativity in it. Create a theme-based indoors to create a different ambiance for the customers visiting your café. So why not start a coffee outlet and let people have experience of your nicely brewed coffee.
The coffee industry has shown tremendous growth over a few years. Starting this business will attract more customers. You can open up your own theme-based café with your own unique cuisines. So why not start a coffee outlet and let people have experience of your nicely brewed coffee.
Coffee lovers are all around the country this business will definitely prove beneficial for you. The demand for coffee is increasing very fast. So this seems a quite great idea to be opened. The coffee shop is perfect for professional occasions, hang out with friends, family gatherings, and much more.
CAKE MAKING AND DESIGNING
Customers always wanted their dream cakes or cakes of their choice so make customized cakes and this will be a great option for you. Designing cakes for the wedding can never go wrong because of the demand in the market. If it’s home-baked in these times where people are avoiding eating from outside, this will make you earn more.
To engage more customers towards your business, you can use strategies like unique packaging and much more using your innovation and skills. 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 photoshoot of your cakes and posting it on the page created by you.
HANDICRAFT BUSINESS
If you love making handicrafts then this business is perfect for you to start. This business deals in a large number of things. The products can be made by hand and with the help of machinery also. The items that can be handcrafted includes jute bags, bamboo bucket, mats, flowers vase, and many more.
Research the market, differentiate your product line, know and target your customers, choose a name with strong brand potential, develop a selling strategy, practice your product photography. You can add varieties like soaps, candles to attract customers.
So start exploring your talent all it requires a little investment in the beginning and later on, you will definitely earn a lot of profit from it. You can start this business based on per order and as time passes and as people start liking your products, you automatically start gaining popularity and name in the market.
EMBROIDERY AND TAILORING SERVICES
These services are present in Kanpur for quite a long time and starting your business in this field will be very much profitable. You can be made custom-made clothes as per the preferences of the customers to earn greatly. People love to purchase embroidered outfits, table cloths, decorative items, and many more items of their use. If you possess embroidery skills, this can turn out to be a great business idea for you.
You can also create social media pages and websites to promote your products and gain the attention of the market. Create embroidered clothes for all age groups, when people see something unique in the market they definitely purchase it. . Create a close unit, invest in a good embroidery machine.
Manage your resources properly, focus on your profits, learn about the custom embroidery market, know your target audience. Buy a sewing embroidery machine, invest in embroidery digitizing software, find a reliable source, promote and advertise your artwork consistently.
AFFILIATE MARKETING
It is one of the best online business tactics to promote your products online and earn a good amount of money. Find and join an affiliate program, choose which products to offer, obtain a unique affiliate link for each other, share those links on your blog, social media platforms, website.
It is considered to be the best business in recent times because of its low risk, it offers the potential to significantly scale the earnings and increase them This one of the best businesses with very negligible investment.
Let us understand how it works, 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 investments.
Set up a website, blog, or some social media profiles and earn money by posting affiliate links to relevant products or services. Find an affiliate program, choose which offers to promote, obtain a unique affiliate link for each other. Share those links on your blog, social media platforms, or websites, collect the commission anytime someone uses your links to make a purchase, create great content. Drive traffic to your affiliate site, get clicks on your affiliate links, convert clicks to sales.
WEBSITE DEVELOPMENT
Web development is the building and maintenance of websites, you have to work from behind to make a website look great, you need to work fast and perform well to make a website look great. Website development is the way to make people aware of the services or the brands of the company and making them understand the relevance of the products.
Web designers are part artists and part tech geeks. This business can be done from anywhere you have internet access. You need a home office that is quiet and free from distractions, Hardware, including a computer, quality monitor, scanner, printer, and digital camera, Software for graphics, photos, and video, which may be free or cost hundreds of dollars. A high-speed Internet connection and perhaps server space for site hosting and testing, a menu of the services you’ll provide, and what you’ll charge for them.
A contract that outlines all the policies on how you work. A business plan, outlining your services, target market, and financial goals. A marketing plan that includes your target market and how you plan to reach it.
A website of your own that not only represents your skills but offers a place to showcase your portfolio of work online. Marketing materials, such as business cards and brochures. A strong network to access for possible referrals.
CREATE YOUR ONLINE COURSE
Today we have entered an era where everything starts online and ends online. That is why launching your own online course can prove very beneficial for you and lure many people into it because now everybody has learned how to do work from home. Creating and selling online courses can be very lucrative and you can earn six or seven figures.
The demand for online courses has rapidly increased in the market as well and if you are an expert in any field and can explain the topics brilliantly to anyone, starting your own course will not be a bad idea for you. You just have to search for websites that can pay you a good amount for these courses, so that with low investment you can start your own business.
Pick the perfect course topic, ensure your course idea has high market demand, create magnetic and compelling learning outcomes, select and gather your course content, structure your modules and course plan, determine the most engaging and effecting delivery methods for each lesson, make sure you film, record and edit your online course, setting up your online school, getting the perfect price models and feeding into a bigger education-based business model, launch and ongoing marketing.
BEAUTY AND HAIR SALON
If you are thinking of opening a salon, so don’t just think to go for it because something in fashion is always trending and everybody wants to look great as well as needs regular grooming. This business can be your chance to earn some good money. Before opening a salon you need to have a strong business plan and the business can be very profitable.
You first need to analyze the cost of the salon which could include the costs of licenses and permits, payroll, salon types of equipment, inventory, insurance. Make sure you have a marketing plan which includes, listing yourself in online directories, managing your reviews, partner with the local small businesses, offer referral discount, create loyalty incentives, utilize social media.
Create a salon business plan, research your local laws and regulations, find a creative way to make your salon stand out, talk to distributors, develop a solid client base, choose the right location to open your salon, hire a professional, focus on your staff, think what your clients require, charge what you are worth for.
TAX CONSULTANCY
The main role of a tax consultant or a tax advisor is to help people and organizations to pay their taxes. It deals with giving expert advice for the business on how to manage and file their taxes. Tax laws change from time to time and many people or organizations might be unaware of the laws and regulations, so a tax consultancy helps them in understanding those laws.
The services that a tax consultant provides include, collecting, organizing, and preparing tax documents and returns, evaluating a client’s financial and legal circumstances to determine tax liabilities. Assisting clients with tax issues during and after a significant life transition, completing complex tax forms and schedules that most tax preparers are unaware of.
Becoming a tax consultant and opening a tax consultancy firm requires preparation in the form of education, and in some cases certification, registration, and licensing. Tax consultants also help their clients in making wise decisions related to tax issues. Filing tax returns should not be your only business, send free newsletters and other updates, prepare and update tax calendar followed by marketing activities, equipped with client management software.
Share before you sell, give referral incentives, get membership of the local chamber of commerce and other relevant bodies, organize seminars and symposiums.
Its always be beneficial if you start your tax consultancy firm because people will definitely take advice from you as you are there to save their time and also they know that being a tax consultant they know everything about the govt. tax laws and regulations. It is also hassle-free, in a nutshell, a tax consultant will solve all your financial-related queries.
HOME-BASED BUSINESS
This business is one of the easiest ways to earn money because you do not have to own space or something, you just have to be in your homes and deliver the services or products through your home. You can start your own catering services, publishing books with the use of your internet, craft business-turn your hobby into a business, starting a blog, home bakery, landscaping business, painting business, an online clothing brand.
Jewelry making, home tutoring, freelance writing, content marketing, online custom t-shirt business, music or art lessons, social media management business, personal fitness coaching. Trading business, online affiliate marketing business, candle selling, and candle making, virtual assistant business, local business guide, handyperson service, professional photography, coaching business, online yoga, web designer.
Facebook page designer, vintage clothing reseller, party planner, gift basket arranger, tie-dye shirt designer and there are plenty more home-based business ideas that one can start. Plan your business, choose the idea which suits you the most, work on your uniqueness, line up financing, plan your market.
FREELANCING
If you do not want to start your own business and also don’t want to do 9 to 5 jobs, you can always do freelancing in any field you are an expert in. One can offer freelance writing services, you can become an online business coach, manage social media accounts of the company, design website themes.
You can start your own freelance services or business by creating a website, this will help you in getting jobs from the companies wanted to hire you. As the economy of the nation is also presenting challenges to business owners and entrepreneurs, they are shifting to freelancing.
Some of the freelancing business ideas include stock photography, content writing, start a blog, social media marketing, youtube video creation, graphic designing, web development, business consulting, grant writing, Google advertising services, uber driver, and many more because the list is never-ending.
DIRECT SELLING AGENT
A direct selling agent or DSA is a person who works as a direct referral agent for a bank, the main role is to find potential customers for the bank or a financial institution they are representing. This business is highly profitable and payout can be varied because it depends on the leads or the customers one can bring for that particular bank.
There is tremendous growth for this business in the market because of the increasing rate of loan taking capacity of the people these days, also with the increasing marketplaces, there is a tremendous increase in the demand for loans among people.
You can be a DSA irrespective of your job and can earn additional income, you will also be recognized as a channel partner of the prestigious financial institution, this can become an ideal opportunity for being an entrepreneur.
You can also work part-time in this field, this business does not require any sort of higher education, you do not require any kind of initial deposit for this business, you do not have to worry about the deadlines and time limit.
DIGITAL MARKETING
This business is very trending right now and it includes using online marketing strategies to promote the products and services offered by the company or your business. The digital market puts you in those online channels where your customer can see you because your target audience is available on social media platforms.
Make sure you create content that makes them engaged, consistent. Digital marketing helps in creating awareness for the sale of the products, it will also help you in getting new customers with the help of your earlier customers, one should be well aware of all the internet tactics and strategies because there may occur changes in the trends.
Develop the skills required in online marketing, build landing pages, design ads, properly implementing tracking, be a contractor before becoming a founder, develop the right business model with the correct mindset and attitude towards the business.
Define your niche to have the customers a better understanding of what you are offering, decide how you want to expand and grow, make the decision wisely and choose everything effectively.
GRAPHIC DESIGNING
Graphic designing is a business where people create visual content to communicate with the targeted audience, they create ideas to inspire the audience, they develop the overall layout and the designs by using computer software or through their hands.
There are different types of graphic designers which include, visual identity graphic design, marketing, and advertising graphic design, marketing graphic design, user interface graphic design. Publication graphic design, packaging graphic design, motion graphic design, environmental graphic design, art, and illustration for graphic design.
You can either work full-time or part-time and earn a good amount of money. Find your first graphic design clients, set your pricing, name your graphic designing business, build a basic website, develop a simple graphic designing plan, communicate with your clients, deliver high-quality projects on time, write and send professional invoices, collect payments from your clients, ask for referrals.
CAREER COUNSELLOR
After completing 12 standard one need to have a better understanding of the courses and related exams and what course one should pursue in the future. For this, they seek the help of career counselors and charge them money accordingly.
If one knows all information about the different courses and exams, then you can help the students choose the right direction and as per their interests. In this, you need to examine the students carefully and then accordingly suggest the right course.
It is also known as career guidance and is a process by which students can make a successful step for the future. Define your target audience- there are two types of counselors educational/school counselors which guide school students to be more engaged and improve their skills, the second one is career counselors which help college aspirants to decide their future paths. Establish a medium of communication.
EVENT PLANNING
Event planning/ management is the process of arranging parties, marriages, meetings, and ceremonies. An event manager is solely responsible for managing everything for the event. He is the ultimate planner, and key to everything like choosing a location, hiring caterers, entertainment, and arranging other vendors.
This business has huge potential and growth rate in Kanpur. Apart from the working population, many residential people also live in the city so an event planning business is the best choice to start in Kanpur. For an event planning business, you need to have a degree or experience in the field, license, necessary equipment, inventory, place in the market.
Some skilled and creative workers, funds to invest in the business. Gain event planning skills and experience to make the business successful, determine your event planning market/forte, make a business plan. Designate which business entity fits best for your firm, obtain business insurance, develop your network of suppliers and staffing resources, define your event.
Planning services, establish an event planning fee structure, secure funding for your business, focus on business development and marketing for your event planning business. Use the help of social media platforms to promote your business to get huge orders from potential customers, also use a PR company when possible.
Clearly define your scope of work, mission, goals, for the event business, search your market well. Spend some time learning tax laws and business filling in your area/locality. The event management business will turn out to be one of the most successful business ideas in Kanpur.
REAL ESTATE BUSINESS
There has been a steady population growth rate in Kanpur from the last few years as more and more people from nearby villages, cities, and other states are migrating to the city. With such a population growth rate, there comes a need for more residential and commercial spaces.
That is why starting a business of real estate company will offer you a great opportunity and a way to get ahead in Kanpur. You can even tap into renting along with the sale and purchase of the properties to generate additional revenue out of it. Renting is something the youth of the city is fond of. Commercial properties are often rented at higher prices meaning your commission will be very decent.
If you have made your mind to enter this market first you need to decide your niche, research and evaluate, pick and choose a specialty- you can enter into commercial brokerage, residential brokerage, land investments, obtain the required licenses and registration, chalk out a business plan, put together a brilliant team, go online, and try expanding your business by following these steps.
This business has become attractive for everyone who wants to invest in safe assets in today’s world to protect their money. This is the best option to invest in as the business can never shut down and even if the sales go down then you always have the option of renting out your extra spaces. To start this business you require little investment and knowledge of the field. Usually what works for the business are the efforts and the connections. Kanpur is a popular real estate hub so you will get to earn a good commission.
INTERNET MARKETING AGENCY
Many companies are investing in increasing their online presence which can prove to be a very good business opportunity in Kanpur. You can connect with the local businesses and can make them explain and understand the importance of a strong online presence and that could play beneficial in your favor.
This business can be listed on social media platforms to engage the audience. You can also create a website for the same. You should have sufficient knowledge of digital marketing and can hire different people like content writers, web designers, marketers, etc.
Most of the owners of the older shops do not even know how to socialize themselves, they are still practicing on brick and mortar concept. So with the help of an internet marketing agency you can help such owners and can earn good money. Since there is no possibility of social media slowing down you can always include new things on your list and work upon them.
It is an immensely profitable venture as social media never goes out of demand. Know your market, research well, be ready with the business plan to do things accordingly.
BLOGGING
Starting a blog seems to be a great option if you know of any of the languages and to share your knowledge with others through writing. You can earn great by blogging from your home with nominal investment. It is one of the easiest, legitimate ways to earn money online. For starting a career in a blog or for writing a blog you should keep in mind a few things which are: subject of the blog, choosing a platform for blogging, how will you host your blog, purchase your word press hosting. If you love writing and love telling stories, share your experiences with the world and earn some money. So keep these little things in mind and you can have a great future ahead.
The main reason why bloggers are making money today because of the good content they post regularly. People start writing blogs sharing their viewpoints, opinions, teaching others what they know, selling and promoting their products. Consider the opportunities to monetize, pick an audience to serve, choose a blogging platform, lay the groundwork for distribution, plan out your publishing strategy.
OUTDOOR ADVERTISING CONSULTANCY
This is the strongest way of advertisement. This business is all about advising your clients about how to promote the products or services. The challenge is to make such plans of advertising that it catches the attention of the target audience. When one is preparing plans for outdoor advertising, one should keep in mind the things related to the budget and expectations of the target audience.
As an outdoor advertising consultant you need to first understand the needs of the clients and then plan accordingly. A detailed business plan is an important tool to have before starting a business, building the potential team for this business so that my skills and knowledge of these workers your company can expand.
PHOTOGRAPHY
This can be the main source of your income as well as the second source of income meaning you can start your own business for earning full-time income or you can provide your services and earn some income. There is a lot of competition in this business, so one needs to be creative with skills in his hand to earn money.
Anyone can take photos, but only a few can make a powerful impact on others and leave a powerful impression. If you are interested to start this business in Kanpur then this business will prove very profitable in the city.
For a start, you can establish a simple studio instead of a professional studio. Instead of investing in the studio and spaces, one should invest in buying high-quality lenses, laptops, and the other things required in a photography business.
For this business to reach greater heights you need both, raw talent and a sense of marketing. Market your business via social media platforms, create your business name and logo. Research about the best business structure, set up business bank accounts, establish a referral program, set pricing after researching the area.
Work upon customer’s expectations as it is the main factor for your success. You can work as a wedding photo, stock photographer, contract worker, commercial photographer, product images, food images, and many more.
ELECTRONICS REPAIR SHOP
This is also one of the profitable businesses to start in Kanpur if one has some knowledge in the respective field. This is one of the demanding businesses in every corner of the nation. Kanpur is a very large city and one can start every business in the city but with the correct amount of planning, knowledge of the field.
With this business, one can also start repairing laptops and mobile repair services. If you do not have any experience or knowledge in this field then you can work somewhere else before opening your own shop. This will help you in giving experience and the knowledge required.
This type of business repairs damaged or malfunctioning types of equipment such as computers, televisions, phones, gaming devices, and many more home appliances. Electronics are a necessity in today’s world. If something is a machine, it is sure that it needs maintenance and repairs from time to time.
Plan your whole business, be ready with layout of the finances and funds, costs involved. Who is your target market, fix the prices to be charged from the customers, how much profits will you be making from the business, be ready with the answers to these questions, so that at the time of starting this business there is no confusion at all.
ONLINE STORE
These stores can be started from anywhere and it helps in saving your costs of buying any rental space. For selling products online you need hosting and a website to start selling in Kanpur. This is a low investment business and a profitable business also.
The chances of getting it successful are also relatively higher because of the demand in the market. You can start your own fashion boutique and sell them and earn money. Nowadays hair accessories especially girls are getting very popular like handmade scrunchies, designer hair clips, clothing which could include hoodies, sweatshirts, and men’s garments.
First of all, you have to decide what products you are going to sell, then start finding its product sources, getting a unique business idea is very important. Research and development, making business plans, financial plannings, execution of plans, marketing, are all such important things that you have to keep in mind before proceeding with your business model.
Firstly, choose and find a product to sell, evaluate your ideas, after evaluating the ideas and launching strong ideas try obtaining your products, research and prepare for every obstacle like the competition.
Business plan, setting up your business, name your business, create a logo for the business, build your store, choose your sales channels. You can start your own fashion boutique and sell them and earn money.
CONCLUSION
With this, we have come to the end of today’s discussion. Hope you all got an idea of what business idea is well suited for you. What type of business you want to start. Just keep in mind that hard work and marketing is the key. Brainstorm your mind and never let go of any idea. Any idea can make your business more productive and successful.
Don’t stop yourself from doing anything. Keep moving forward and the success is yours. You will definitely face obstacles but to overcome those obstacles is your goal and conquering the world is your forte.
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