A lot of people are thinking to do business, but a lack of business ideas cannot be implemented on the ground. In general, the business ideas include agriculture, manufacturing and other services. Perceptibly, people are looking for that one breakthrough idea.
Broadly, a trending set of business ideas are outlined
here so that one can choose & pick and shaped them accordingly. The list of
suggestions may help an individual who wants to become entrepreneurs that might
help put things in perspective.
1. SETTING UP A CHICKEN HATCHERY
One can set up a
Chicken Hatchery [hatching eggs]. The
business has a good market demand throughout the year and can provide
employment to the youths and women. This
business has tremendous potential both in rural and urban areas.
2. MAKING MILK POWDER
3. SETTING UP A BEAUTY SALON
It is a good idea to set up a beauty salon since youths [males and females] are making different hairstyles and haircuts. All these equipment and raw materials can be purchased from the local market. The business has a good market demand due to the changing fashion of hair trends among the people especially the youths in both rural and urban areas. It has also a higher demand during festive seasons.
4. MAKING HERBAL DEODORANT
The business idea is to set up a plant to make a liquid deodorant that can be used in kitchens and bathrooms, etc. The government is also encouraging small scale businesses to come forward and one can buy the equipment and raw materials to start this business which is locally available.
No doubt the business has a great market demand in both
rural and urban areas throughout the year and higher demand during festive
seasons.
5. MAKING POWER INVERTERS
The business idea is for making and marketing power invertors. It is an ever-increasing demand for inverters due to power shortages and interruptions. All equipment, tools and other materials one can get from the local market through raw materials have to be imported.
This process involves making a metallic box, sealing all
its corners with solidly welding including a charging system and automatic
system, putting in switches and sockets.
6. BEEKEEPING
A business idea is for keeping bees for the production of honey and bee wax. This business demands huge revenue. Honey is always in demand for home consumption and pharmaceutical use in making drugs. As honey is separated from the wax can be used for candles or at times it is mixed with maize flour to make ice-cream cones. In addition, wax is demanded by cobblers, makers of household textiles and garments.
You have noticed there are so many small-scale farmers
investing in this business spread all over the country. However, to obtain bees one needs the help of
practising farmers.
7. PRINTING ON CLOTHES
Business idea for block screen/ printing on clothes is in huge demand. The government is encouraging small scale industries and developing the textile industry.
Generally, the cloth is dyed and then printing with the desired blocks and colours, then cleaned with chemicals, dried, folded and packed for the market.
It is an ever-increasing demand for cotton fabrics of
printed clothes with a variety of designs and colours. There is always a need
of the consumer of the demand for designer clothes, with a fusion of
contemporary arts, fashion aesthetics and above all, attractive colours.
8. MAKING DECORTICATED CASHEW NUT
This business idea is for the production and marketing of edible cashew nuts. As we all know cashew nuts are highly demanded on the world market. This needs a land requirement in order to increase the production capacity.
Though cashew nuts are not very common in all areas this could be a turning factor in the marketing of cashew nuts as they have an open market, with limited competition.
9. DISTILLATION OF WATER
This business idea is for the production of distilled water to ensure its purity. The revenue potential is quite satisfactory.
There is a high demand for distilled water as it is
purified for human consumption. The distilled water can be supplied to
supermarkets, retailers, wholesalers, hospitals and individual organizations
and even to the residents also.
10. GARBAGE COLLECTION
This business idea is for the collection of Garbage from homesteads. It is the collection of garbage from each home or family on a specific agreed day and time in a week.
Garbage collection has always been a problem around towns. Garbage collection can be done in offices, ministries, schools, hotels, hospitals, institutions and homes. The demand is inexhaustible. Tools and equipment can be obtained from the local market.
Health is an important aspect and the government is
encouraging promoting health projects and sensitizing people on safe living.
11. KNITTING, CROCHETING AND EMBROIDERY
Generally, this business idea is for the production and marketing of products such as sweaters, sleeveless/ waistcoats, shawls, socks, table clothes and embroidery on caps, jackets, shirts and gifts etc.
The business has a great market demand from schools,
colleges, corporate houses, NGOs, households, security organizations and the
various forces for designing and printing their uniforms.
12. MAKING MOSQUITO REPELLENT MATS
The business idea is to set up a plant to make mosquito repellant mats. Mosquito mats are very useful to fight malaria. The government would support such initiatives through the Ministry of Health to curb malaria.
There is a growing market for mosquito mats in the
country. The mosquito mats may be supplied to schools, colleges, barracks,
camps, prisons, hospitals and for the home to curb malaria.
13. MAKING SCHOOL BAGS
The business idea is set up for making school bags. This business has the potential to make a big
revenue.
The business has a good market demand throughout the year
especially at the beginning of the term.
With the growing numbers of school-and-college-going
children, the demand for these bags is on the rise. Hence, there is a ready
market for neatly stitched bags.
14. RECYCLING PLASTICS
The business idea is to set up a plant to recycle plastics. There is a growing demand for plastic products across the country. Crushed materials of plastics can also be sold to other big companies in form of raw materials.
The government is encouraging recycling plastics in order
to protect the environment and also asking for the small-scale industry to come
into fore which in turn create employment.
15. MAKING BAMBOO PRODUCTS
This business idea is for making bamboo products. Bamboo products are made out of natural resources available in rural areas. The bamboo products have a ready market both in rural and urban areas. A variety of bamboo products are used for the storage of fruits, vegetables and grains.
No doubt, this business has a potential market especially
at traditional sites, tourist centres, public and private offices, hotels, etc.
which would certainly help in promoting this industry.
16. BUSINESS CALL CENTRE
A business call centre is a place that has adequate telephone facilities, internet and other online support infrastructure, trained consultants, access to wide databases, so as to provide information and support to customers on a retail time basis.
The market potential for call centres includes researchers, business people and private individuals. It is a part of the communication sector where it facilitates interaction with ease and targeted people.
A customer today can place an
order on the internet, do sale and purchase transactions, make payments, order
for loans, etc.
17. JEWELLERY MAKING
This business is about making jewellery such as rings, brooches, chains, and bracelets by cutting, shaping and polishing the material for producing fashion jewels. Jewellery is used mostly by women and now even men also started using it.
The market for pieces of jewellery is widely spread out among women and tourists. They can be supplied to supermarkets, crafts and tourist shops.
The government is encouraging
small scale players in this industry in a bid to create employment especially,
for the youth and women.
18. MAKING LEATHER GARMENTS
Leather garments include coats, jackets blazers, skirts and pants. The bulk of the market comprises young people, adults and members of the entertainment world. Leather garments can be exported and used by domestic customers.
The demand for leather garments is very high among the affluent and a section of the middle class who attach more value to them.
The Government maintains favourable
tax policies for investors or entrepreneurs in a new venture.
19. FOOD VENDING
This business idea involves preparing different kinds of foodstuffs i.e. from vegetarian to non-vegetarian foods. The food is prepared and served to people at their workplaces or homes.
There is a ready market for food in workplaces since people do not want to move to eat places outside their workstations. There are many players in this business especially women.
20. SERVICING MOTOR VECHICLES
This business idea is for servicing motor vehicles. Motor vehicle service is a series of maintenance procedures carried out at a set time interval or after the vehicle has travelled a certain mileage.
The market is in both urban
and rural areas since motor vehicles work in both areas. The quality of service
would influence the market since serving a vehicle is mandatory for all owners
of cars.
21. BUSINESS CALL CENTRE
A business call centre is a place that has adequate telephone facilities and online support infrastructure so as to provide information and support to customers on a retail time basis. While on digitally a customer today can place an order on the internet, do sale and purchase transactions, make payments. The main aim is to facilitate communication ease.
The market is tremendous
potential for researchers, businessmen, and private individuals.
22. SETTING UP AN INTERNET
CAFÉ
This business idea is for setting up an internet café. An internet café or cybercafé is a place where one can use a computer with Internet access. It is dependent on a fee usually per hour or minute.
This business has grown over the years, and it is ready to market from students, businessmen, schools, corporate, researchers and scholars.Generally, this business is widely spread all over the country.
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