small business idea
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Guys I wanted to start small business that I can use for extra income with few hours daily and weekends. I am thinking to buy some automatic machines that can generate products and i can deliver that to local market. Budget around 1-2 lac. Products like plastic products or any daily use things. Anybody using these or have any ideas.
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Interesting thread
Afaik second hand car plus ola/uber also a good idea
Which city @anil ?
@mereberikebermattodo wrote:
no
@anil Meanwhile, until you get a good idea to work upon, you can try breaking his/her berries and sell it off to Tejaa 😁
@Tejaa wrote:
Afaik second hand car plus ola/uber also a good idea
no
@anil wrote: Guys I wanted to start small business that I can use for extra income with few hours daily and weekends. I am thinking to buy some automatic machines that can generate products and i can deliver that to local market. Budget around 1-2 lac. Products like plastic products or any daily use things. Anybody using these or have any ideas.
usually i point out to what profession/ line of work is almost universal and sometimes recession proof and has decent earning potential despite low entry barriers.
things like hair cutting/ barber shop, mangal kaarlyalaya (marriage/ reception halls), Maternity clinic/ hosp. , morgues/ cremation grounds, crèche/ play school and such things always remain in vogue.
people marry, people mate (not necessarily in that order) all the time. people are born, people die all the time.
they are lazy bums who don’t like to shave by themselves. forget shaving; some in-fact go on to get the hair stylised, dyed http://www.google.com/search?q=Betty+...ty
and howling kids are dropped off on other’s shoulders.
so all these (above) businesses or professions are good options if once can hire the people.
plastic tidbits; well tough to say and depends on location and the kind of uptake there is for unorganized SMEs
the competition too may not make it scalable or sustainable to manufacture and sell at retail or semi-wholesale level.
in such things, better to start off with trading to test the waters.
a simple yet running profitable thing i saw a couple of years back was this guy getting simple ’dona’s made on some kind of a hand press tool/machine. just 6-7 semi-skilled ladies making them in 6-7 hour shifts.
and i think plates too.
unfortunately this and even the idea you bounced are all low margin goods that need high volumes to get to critical mass.
times are such, that everyone is after easy money and wants it: yesterday !
these need no electricity if using the hand operated tool and the paper too is kind of scrap or at waste paper rates. (got from industrial or such discarded lots)
can be bought fresh too, if of average quality/price.
low wastage
low upfront investment
scalable
Cons
labour intensive
fragmented market, no niche
works more on one to one relation with shops that might buy it off you, which might take time. (target food joints/eateries or wholesalers)
to achieve any meaningful net savings or profits, high critical mass needs to be reached and maintained.
i just bounced ‘one’ idea, there might be tens of more ideas and even better ideas.
And buying items like bedsheets/pillow cover on a cheap price and selling it on ebay after adding lil profit also a good idea…
@Spock Anna es tara ka kuch ideas ho tau share karne maat bhuliye ga ( Hain hain… I mean thora sa dimer-dimer type ka kuch ho tau )
@Spock thanks for your ideas.. One of my neighbors also creating these pattal dona. He has bought a automated machine where you just have to enter paper and press a button and it will create these dona and pattals . I am looking for similar kind of automated machines I googled and found some ideas like basic slippers , plastic small items. Ola Uber idea is good but after investors money over I think profit will be very less and finding a good driver is also a problem .
@anil wrote:
@Spock thanks for your ideas.. One of my neighbors also creating these pattal dona. He has bought a automated machine where you just have to enter paper and press a button and it will create these dona and pattals . I am looking for similar kind of automated machines I googled and found some ideas like basic slippers , plastic small items. Ola Uber idea is good but after investors money over I think profit will be very less and finding a good driver is also a problem .
whats the MRP of that machine?? and wat about operation cost??
@Tejaa wrote:
And buying items like bedsheets/pillow cover on a cheap price and selling it on ebay after adding lil profit also a good idea…
@Spock Anna es tara ka kuch ideas ho tau share karne maat bhuliye ga ( Hain hain… I mean thora sa dimer-dimer type ka kuch ho tau )
bro good idea but what about shipping cost ebay fees ????
Buy a car nd rent