45+ Best Small Business Ideas in Guwahati with Good Returns
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These Business Ideas in Guwahati are ideal for beginners, bootstrappers, or anyone with a hectic schedule. To develop small business ideas, you can start right now and evaluate your abilities, skills, assets, and financial situation.
Guwahati is the largest city in the Indian state of Assam and the country's largest metropolis. Guwahati's manufacturing industry contributes a significant portion of the city's GDP. The city's main economic activity is petroleum manufacturing.
Guwahati has a variety of small investment business options. Guwahati offers you the convenience of doing business by introducing low-investment company ideas in Guwahati in 2023, such as food processing, tea, handloom, and many others.
1. You are reading the right article if
2. You want to start a side business in Guwahati.
3. You'd like to start a business with a small initial investment.
4. You want to know business-related statistics in Guwahati.
5. You can quickly get several business ideas on the Fynd Platform. In this article, we will discuss several profitable, scalable, and long-term business ideas in Guwahati which will help you build a successful business career.
When unemployment is a significant issue in both the state and the country, Syed Abdul Suit's success story is very motivating. Syed Abdul Suit abandoned a well-paying career to start a modern agricultural input manufacturing business, which today employs 220 people.
Assam has about 200 of these types of industries, all of which employ highly skilled workers.
Despite fierce competition, Syed Abdul Suit's manufacturing company, Monsut Chem Industries, has made a name for itself. Monsut Chem Industries now has three locations: one in Panikhaiti, Guwahati; one in Nellie, Morigaon; and one in Kaurbaha, Goreswar (Baksa district).
Monsut Chem Industries provide farmers in Assam and other regions of the country with various advanced agricultural inputs. His manufacturing units' high-quality items are also shipped to Bangladesh and Nepal.
Monsut Chem Industries specialises in organic fertilisers, synthetic insecticides, micronutrient fertilisers, and various yield enhancers to help farmers double their revenue.
Business Ideas in Guwahati
1. Tea Business
Tea, also known as 'Chai' in Hindi, is one of India's oldest and most traditional beverages. India is the world's second-largest tea producer. Tea can be consumed at any time, whether in the morning for bed tea or in the afternoon for post-lunch tea.
The operation of a tea stall or the establishment of a tea-selling business is considered a profitable investment.
The tea business never fails because it is a constantly consumed product with endless demand. And as you may know, Assam is India's largest and most important exporter of tea. Therefore there are a lot of opportunities to make a lot of money in the tea business in Guwahati.
You can start a business in a variety of ways:
- You can have a Tea Distribution Franchise across the city.
- You can open a Retail Shop.
- You can open a wholesale selling unit of tea in Guwahati.
2.Bhut Jolokia: Ghost Pepper Production
Bhut Jolokia is a variety of chilli mainly cultivated in India's northeastern states. The chilli is one of the world's hottest varieties. Processing dried chillies, extraction of oleoresin and capsaicin, and so on are some of the applications.
Bhut Jolokia, sometimes known as Ghost Chili, is 200 times hotter than Jalapeno. Bombs and grenades have been made with Bhut Jolokia.
Villagers use it to keep animals away from their houses and property by putting it on walls, fences, and other structures. Bhut Jolokia, also called Ghost Pepper, is grown in India's northeastern areas and is the world's hottest chilli. Assam offers excellent climatic conditions for growing these chillies, making it an excellent small-scale business concept in Guwahati.
Despite its high price, demand for Jolokia is growing because of its use in cooking peppers, pickles, chilli sauces, and dips, as a self-defence weapon, and therapeutic applications in reducing asthma, curing arthritis, toothache, and muscle pain relief, as well as as a summer heat cure.
3. Candle-Making Business
It takes a lot of effort to start a candle business, but it can be incredibly rewarding. Before you let your excitement take over, take a moment to examine some of these measures. You'll need to get your financial, legal, and advertising ducks in a row if you want your candle business to succeed.
You can launch a candle-making business on a minimal budget and from the comfort of your home. Candles are bought for various reasons, including scent and adorning one's house or business.
The popularity of scented and decorative candles and their demand generates a huge market opportunity for entrepreneurs. It is also one of the most profitable home-based businesses for women.
As this is a wholesaling business, you can also register on B2B (Business to Business) sites, bringing you many potential customers from whom you can make a significant profit.
A Candle-making business can also be an excellent way for entrepreneurs to supplement their income or even make a full-time living. It can be one of the most innovative company concepts in Guwahati.
4. Courier Service
The courier service business concept is advantageous because it is widespread across India. By offering a lower-cost courier service than competitors, you may build a solid customer base for your company. The reselling business idea is currently on the rise, and on the other hand, sellers do not want to share their customers' data with the first-party seller.
In this circumstance, they can afford double courier shipping, which is a promising region for you. You have two alternatives for starting a courier service business in Guwahati: either take a Franchise agreement with an already reputable courier service or create your courier service.
This business idea requires a significant investment, which will take a long time to return; nevertheless, because this is a long-term business concept, you can take a chance to implement it in a city like Guwahati, which needs a good Courier Service.
5. Poultry Farming
Poultry farming is commercially rearing domesticated birds to improve egg and meat output. Chicken, turkey, ducks, and geese are the most common food birds on farms. Broilers are produced for meat, and layers are raised for eggs. Therefore, chicken has a worldwide market.
Do you enjoy ducks and chickens? If so, you'll surely enjoy this one. There may be a large number of vegetarians who do not eat meat, eggs, or other meat-based products. On the other hand, meat and eggs are liked by 95 per cent of Guwahati locals.
You can build a poultry farm from the ground up. This might be a very profitable and well-run business in Guwahati. You'll have to sell the final goods yourself rather than through other stores to make a profit. This is also one of the most scalable side business ideas for women in Guwahati.
6. Yoga and Fitness Tutor
Patients can work with a yoga therapist to create tailored regimens that complement their medical and surgical treatments. As a result, yoga can aid in healing by allowing the person to experience symptoms with greater calm and minor discomfort.
Yoga and Fitness mentoring is one of the best business ideas to implement in Guwahati if you strongly understand Yoga and Fitness. You know that the foreign population diverts to Indian Yoga and Fitness tactics. You may establish a large community for this class all over the world.
If you start a Yoga and Fitness mentorship business, you can also attract international clients who will be taught by you online according to their time zone because yoga is best done first thing in the morning.
7. Interior Designing
Beginning your interior design firm is a unique experience full of firsts. It's too easy to get caught up in the enthusiasm and overlook the finer points. When beginning your interior design firm, writing a business plan is the best way to proceed since it will require you to get specific about your goals, consider the practicalities, and chart a clear path forward.
Interior design and decoration is a self-employed business that may require hiring staff as the business grows. Many believe homes should be attractive and prefer well-designed homes to plain rooms and hallways.
If you have a solid understanding and command of this profession, you have a high chance of making a lot of money by beginning an Interior design firm in Guwahati. You could charge a reasonable price for each decoration, and it's not a time-limited company; large decorations take longer, and time means more money.
8. Clothing Business
This is the second industry that never experiences a downturn because it provides a necessary product for sustaining life, and its demand will never decrease. A passion for clothing design and fashion is required to start a clothing business. However, to launch a long-lasting fashion line, you'll need a business plan.
You can execute this one of the smallest business ideas in Guwahati through various methods, including retailing, wholesaling, reselling, manufacturing, and distribution. You can start this business with a small or a larger investment, depending on the type of business. In summary, this firm has a comprehensive and large platform to operate, allowing you to build a scalable long-term business in Guwahati.
Do you have a passion for baking and want to make a career? Do you want your house to smell like freshly baked bread all the time? If baking is your go-to solution to all life's problems, why not turn your passion into a home-based business? To start your baking business, you don't need to invest much money in a bakery and professional equipment. You can start your business in your kitchen and attract customers with the enticing aroma of your cookies and pastries.
Bakeries have long been a part of Indian culture. The bakery and cake shop model is gaining tremendous popularity in small towns and cities. It is one of the top small business ideas for women in Guwahati. You may even start a franchise of a well-known brand with relative ease.
In Guwahati, there are a lot of national and international businesses that provide bakery franchise opportunities. These brands have a wide range of products, including cookies, candies, and non-vegetarian snacks.
A photographer is a trained professional who specializes in photographing with a camera. A photographer is usually employed as a freelancer and is contracted for specific projects by several clients.
A full-time professional photographer frequently undertakes studio work, capturing photographs with professional or amateur models in a controlled interior setting. These photographers might work freelance or be hired on a retainer basis by magazines and fashion houses.
Selling images can be a perfect and profitable company if you have excellent photography talent. It is possible to make a lot of money by clicking high-quality photographs. You'll need a small investment, a good platform, and the correct tactics to make a profit.
11. Coffee Shop
It is no secret that Indians enjoy a freshly brewed cup of coffee, and this affection for the beverage has resulted in a surge in the number of coffee shops and tea businesses in the country. The need for beverages has been steadily increasing, and the coffee shop or cafe model is quickly becoming a popular choice for starting a restaurant in India.
People go to coffee shops to relax and have a good time while sipping a cup. As a result, you must choose a suitable site that is conveniently accessible to your customers.
The demand for coffee has increased as the coffee shop industry has grown rapidly. You can be a center of attraction in a place like Guwahati, where you can find tea stalls easily, so your coffee shop would be a unique idea. Opening a coffee shop involves very little capital, and if you're looking for low-cost business ideas in Assam, this is a fantastic one to consider.
12. Fast Food Business
The food sector combines art, culture, personal passion, and the provision of a necessity that everyone appreciates. Entering the food sector allows you to make and sell foods and drinks that people enjoy while also being direct and authentic reflections of yourself.
If you want to establish a small business, a food goods firm is one of the finest businesses to start. You can implement numerous food business concepts in Guwahati.
With the rise in workplace stress, fast food is a stress reliever. According to a survey, people prefer to eat the food they choose whether they are anxious or want to relax. One of the best new business ideas in Guwahati for you is to open a fast-food stall or a cafe. The only criterion is that the meal is delicious and sanitary.
13. Beauty Salon
You don't need to be a well-trained beautician to start this business; you only need a little enthusiasm. Creating a beauty shop is the most straightforward business because it requires a small investment. It is one of the best small business ideas to start in Guwahati.
When females, or even gentlemen, visit a beauty salon, they frequently like to relax and mingle with other customers while servicing. When establishing a beauty salon, keep this in mind. Create a "salon lounge" instead of duplicating the format of a traditional salon.
Create a welcoming and comfortable environment where clients may speak, eat, drink, and relax in cushioned massage chairs. Provide these amenities to customers who are receiving service and those who are waiting.
Some salons form partnerships with local beauty schools to provide students with on-the-job training. To graduation, students may be required to work with a real customer. Consider allowing local schools to use your space for this purpose. It's a way to give back to your community and assist future cosmetologists while promoting your business.
14. Cab Ride Service
The introduction of Uber, Ola and Slew dramatically transformed the taxi or cab booking sector. Since then, many aspiring entrepreneurs have looked for taxi company ideas and waded into the sea of possibilities, gaining notoriety and money. Undoubtedly, the taxi industry's buzz will last a long time.
Competition is becoming more fierce as opportunities arise. In the cab booking business, there is fierce competition among the companies. If you have a good driving record, becoming a cab driver is a great way to supplement your income.
This company does not have a lot of work. Taxi service may be the finest small-scale company concept for those looking to get their feet wet in entrepreneurship. If you stay on the right track, you'll be able to acquire more cars and recruit drivers in the future.
15. Aquaculture Business
Fish farming for profit is a lucrative business all around the world. Fish are the most common source of animal protein. It is preferable if you have your water bodies. Otherwise, open-water aquaculture can
raise fish at home and in rivers.
In general, this is a capital-intensive industry. It also necessitates specific skills, knowledge, expertise, and ongoing monitoring. Essentially, you must pay attention to every small detail. You must, however, establish a business plan based on your investment capacity and the size of the water body.
The goal of the Assam state fisheries department is to promote and develop financially viable fish farming. This branch of the state government aims to promote the idea of commercial fish farming in practically all of the state's bodies of water. One of the best business ideas in Guwahati is to start a fish farm.
Fish farming is a one-of-a-kind market opportunity that requires specialized knowledge, competence, and ongoing monitoring. Commercial fish farming has been a financially viable business venture on a global scale.
16. Tourism Business
The travel and tourism sector is a fast-paced industry. Every year, a new trend or shift in tourist behavior or tastes emerges to shake up the status quo. With each change, tour operators can potentially serve existing and new consumers with the experiences they desire—or don't yet know they want.
For tour providers, the last few years have been unlike any other. COVID-19 had a significant impact on the tourism industry. COVID-19 altered how visitors travel and where they travel in the short to medium term, assuming they could travel at all. There were, however, possibilities for the tourism industry to remain connected with its audience even in these most difficult of years.
Khaspur, Charaideo, and Rang Ghar, Asia's oldest remaining arena, are just a few ancient landmarks in Assam that are noted for their cultural diversity, magnificence, architectural accuracy, and vitality.
Apart from that, all worthwhile visits to Assam's immense natural beauty, national parks, mesmerizing landscapes, plantation sector gardens, wildlife, and the Guwahati tea festival. Guwahati offers a diverse range of market opportunities for entrepreneurs seeking to establish a name in the tourism industry.
17. Event Management
If organizing events is your thing, you can start this business. Planning well is necessary if you want to make money from this business. To be successful in this business, you must provide excellent service to your clients by managing their events.
Every person's life is filled with events they want to commemorate or create. The event planning business profession may be for you if you enjoy people and planning, understand diverse personalities, and have a talent for creatively organizing a great event. Any detail-oriented person with a strong desire to serve others can start a business in this sector.
It's preferable if you have an educational background in event management. You will immediately grasp the nitty-gritty of the industry. If you don't already have one, you may start by focusing on a niche market.
18. A Play School
You can start a play school where you can teach kids. You don't need to put a lot of money into it because it is essential to give excellent education. You can start this business with just two rooms and one batch of students. In India, the preschool industry has recently exploded. The business has a high-profit margin and requires little capital to operate.
In India, a preschool business is also known as a nursery. You can find Many small-scale nurseries in your neighborhood. They usually provide a variety of amenities to entice parents to enroll in the school.
For each parent, the goal of playschool may be different. Some parents prefer that their children receive an education before enrolling in school. Working parents may not have much time to spend with their children. In this situation, the parent can drop their kids off at preschool and go to work without worrying about them. This allows them to make money while caring for their toddler.
19. Computer Training Classes
In Guwahati, starting a computer training institute can be a lucrative enterprise. The only requirement is that you have sufficient computer and internet skills. Computer education is a basic requirement for everyone in today's digital world. Specialized courses also provide a lot of work opportunities. Animation, digital marketing, web design, graphic design, and other career-oriented courses are among the most popular.
Computers are an integral component of daily life. According to Entrepreneur.com, technology can help you handle your household finances or run your business, but only if you know how to use the software. A computer instruction firm can be profitable if you start with solid business ideas.
You can provide instruction for anyone at home or business clients, creating with fundamental computer abilities and up-to-advanced applications. You can add variety to your services if you provide onsite and classroom training.
20. Kids Store
It makes us smile when we think of babies and youngsters. Children are a gift from God. They provide joy to our lives and contribute to making the world a better place. Isn't it wonderful to start a business that caters to children? Business ideas for babies would be a natural choice for someone who adores them.
The internet is a gold mine of baby-related business ideas, but only a few will rise above the others and kickstart the children's entertainment industry. If you enjoy spending time with children, you might want to explore starting a children's store.
In general, there are two options available to you. One option is to create a small store focusing on a specific niche. For example, you may focus on children's clothing, toys, or school supplies. The other alternative is to start a full-fledged children's store with a diverse product line.
21. Grocery Store
Food and other household products are sold in grocery stores. Grocery stores, sometimes known as supermarkets, are the go-to places for a family's food needs.
They also sell essential kitchen equipment, disposables, cleaning supplies, confectionery, alcoholic beverages, soft drinks, and self-care products. Grocery stores are excellent sources of a wide range of products, making them valuable local resources. As an entrepreneur, you must have a well-thought-out strategy. It will assist you in mapping out the details of your company and uncovering some unknowns.
This business opportunity will continue to thrive because it is always in demand. If you want to start a business in Guwahati, a grocery store is a viable option. Why not? Everyone in Guwahati, or anywhere else, requires fundamental essentials.
Everyone will undoubtedly set aside some of their earnings to purchase groceries every day, week, and month. You can start a home delivery system in addition to a store, and most consumers nowadays prefer to receive it at their doorsteps.
22. Fashion Store
The fashion business is the next business idea that can flourish in Guwahati. If you're still undecided about what kind of business to start in Guwahati, consider the fashion industry. The fashion industry is also diversified, encompassing infant, children's, adolescent, and clothing for male and female parents.
The good news is that the fashion industry is not one-size-fits-all but can be tailored to one's needs and aspirations. Startups can take advantage of a variety of opportunities in the business. However, you will need to investigate an idea based on your investment capability and market need.
Most people believe you'll make a billion dollars and become a celebrity overnight. However, the reality is that apparel profit margins are notoriously poor. According to industry analysts, 4-13 per cent profit margins are expected.
23. Property Agent
As with the culinary and fashion industries, which are in high demand these days, the property industry in Assam will undoubtedly thrive. Everyone requires a place to live, so you can begin your career in the real estate industry by working as a property agent because they will generally be coached directly by experienced mentors and will be part of a constructive community to help them grow their business.
If you already live in the community, it's feasible that you won't need any money to start this business. In addition, if the property is not sold, it can be marketed at a price that will most likely increase. Real estate is a serious industry and has become a gold mine in recent years.
To be honest, many entrepreneurs have taken advantage of it and are making millions. People continuously look for houses and structures to buy. Furthermore, some estimates suggest that the real estate market will be worth over $1 trillion by 2030. As a result, this industry offers a wide range of business options.
24. Handicraft Business
Because of Guwahati's unique designs and talented individuals, the handicraft market has grown in popularity in India. Many objects in Assam were made in the past and had historical significance.
You can start this business with very little money. You can even start this business from your own home. If you are a creative person with a crafty mind, you might want to consider beginning your own craft business. Essentially, this form of business necessitates a very low initial capital commitment.
Women, homemakers, stay-at-home parents, and students can benefit from this business type. Most jobless people can find work with handicraft item business ideas, and you can even include family and friends if they want to help. This is one of the most tempting parts of this industry, which is why so many people have decided to work in it.
Report Published in Economic Times "To assist the growth and development of craft-based industries and to give training and technological support to artisans and entrepreneurs, the Assam government has developed the Handicraft Policy of Assam, 2023."
25. Internet Marketing Business
For someone skilled in internet marketing, the extensive use of online business in Guwahati offers a different business potential. This is because, among young people today, online commerce is becoming a distinct business trend. Many new entrepreneurs have arisen, many of whom began by disseminating knowledge via social media.
A social media-based business is insufficient since specific teams are required to get the company off the ground. To conceptualize social media accounts, for example, it takes a content producer, visual designers, copywriters, and someone who can jump-start a business account via Instagram or Facebook ads.
This is not a job for everyone. As a result, if you are an expert at jumping on social media, the prospects listed above can be exploited as commercial land. Clients who require internet marketing services are typically businesses that want to promote their products or prominent people who want to be known by a larger audience.
26. Wedding Organizer
Do you enjoy everything romantic, keep up with wedding trends, and pay close attention to minor details? Starting a wedding planning company could be ideal for you. Right now, the event and wedding planning industry is booming, with around 66 per cent of millennials wanting to hire wedding planners for their big day. Of course, getting married requires a team to plan all of his needs, including events, food, guests, and equipment for the bride herself.
The team in question is usually under the direction of the wedding planner. Wedding Organizing is currently a business trend, and many brides and grooms request that they handle the wedding party.
Networking is the most important capital for starting a wedding planner. This can assist brides-to-be in locating the ideal vendors for their dream weddings. To become a reputable wedding planner, you must also have a strong team.
27. Silk Saree Business
Assam silk sarees are trendy not just in India but also in other countries. Artisans in the state make handloom sarees in cotton and silk fabrics. Sarees are one of the most popular ethnic clothes in India.
Women from all states wear sarees on essential occasions such as holidays, weddings, and festivals. As a result, one of the most profitable business ideas in Guwahati is to create a saree shop.
The textile sector has significantly benefited from the state's pioneering role in producing high-quality silk. Silk-made garments and outfits are still fashionable in India and around the world.
Its outstanding product quality and leadership in creating MUGA and ERI silk contributed to its massive demand on the international market. You can either start your own textile manufacturing company or operate as a silk trader locally or globally.
28. Medical Store
Starting a medical store is excellent for those wishing to make money. A standard medical store isn't always sufficient. So, if you're seeking a different way to make money, consider opening a medical business. You can start this business for as little as ten lakhs.
It might be more; it depends on your business strategies and client service. You can also participate in medical fairs, where many clients seek high-quality medical products.
This medical store business opportunity is ideal for chemists or pharmacists with years of experience. Apart from selling medicines, this industry offers several commercial possibilities.
Every year, it is seen that the medical sector expands all over the world. It is only to meet the rising demand for medicine, other health-related items, and supplements. The retail margin in the medical store industry is quite encouraging.
29. Tea Processing Business
In Guwahati, many young graduates want to start their tea processing firm. The business's cost is determined by the machines and tools you employ.
However, You can purchase many tools and machinery for less than Rs. 2000. In India; tea is a popular beverage. Simply put, we drink tea to enhance our energy levels. In addition, tea has many health benefits. Antioxidants aid in the removal of poisons and free radicals from the bloodstream.
There are two sorts of tea based on the manufacturing procedure. CTC and Orthodox are the two. However, different kinds of tea are accessible in the Indian market, depending on taste and flavor. Black tea, green tea, white tea, fermented tea, oolong tea, fragrance tea, and so on are examples. Tea also comes in various kinds, depending on where it comes from.
30. Fruits And Vegetables Export
You can make money by selling your fruits and veggies overseas. However, you must ensure that your fruits and vegetables are fresh and packaged in a way that allows them to be readily handled.
However, many people are now selling their goods on the internet. Although the internet is becoming one of Guwahati's most successful business ideas, it is still in its early phases.
However, if you want to run a successful online fruit and vegetable export business in Guwahati, you'll need to cross your fingers. The export of fruits and vegetables necessitates a thorough understanding of international markets.
If you live in a region with good fruit and vegetable output, you might consider launching a fruit and vegetable export business with local growers. The export-import industry is extremely well-organized, and you will have access to plenty of information. The best aspect of this business is that you can start it from your home.
31. Restaurant Business
This is the ideal business concept for folks who enjoy eating and want to make money. You also won't have to bother about running a kitchen. You can choose from a variety of high-quality eateries in Guwahati. You may find fantastic restaurant alternatives in Guwahati on a variety of websites. You can also look up what foods people in your area like to consume.
If you're considering starting a food business in India, you should examine the time and effort required and the capital and market dynamics. And there are many ways for you to break into the culinary industry without needing to open a full-fledged restaurant. The meal is made in large quantities and served quickly.
In India, the cost of opening one is often between 10 and 20 lakhs. Aside from the regular expenses of rent, infrastructure, and culinary equipment, you must set aside a significant amount for promotions.
Alternatively, you might enlist the assistance of some local restaurant owners by visiting a restaurant that they enjoy and asking if they'd be prepared to collaborate with you.
32. Gym Center
Are you looking for profitable and enjoyable creative fitness business ideas? Perhaps you already have an idea but aren't sure how to turn it into a business. Or maybe you want to work for yourself but aren't sure what your possibilities are.
Starting your own business may be both exhilarating and terrifying. As a result, exploring your options and getting as much information as possible is beneficial. Imagine working out and earning money while having a great time at the gym.
You may do this with the help of a fantastic gym in Guwahati! You can find these cent all around the state. Bodyathome in Golaghat is one of the most well-known gyms.
It has become the area's most popular attraction. Many people go to the gym to work at their speed while earning a good living. If you have enough money to open a gym in Guwahati, you might consider doing it this way.
33. Paper Manufacturing
Making paper is the best way to make money in Guwahati. Paper is widely used to store and store information in India. There are various methods to get started in the paper production industry and make a lot of money.
You might create your paper or hire a paper production company to do it for you. Whatever you decide, you'll need to recruit competent laborers and machines to get the job done. India's paper industry is growing in response to increased demand.
It is expanding to fulfil the anticipated demand of 20 million tonnes by 2020. According to industry experts, India's paper sector is on the rise and is predicted to reach 8.5 per cent of the GDP.
Apart from educational demand, the industry is currently seeing an increase in demand for domestic paper items. Tissue paper, facial tissues, face wipes, paper towels, paper napkins, paper cup saucers, and other things fall under this category.
Household paper products are needed to maintain good hygiene and cleanliness. Concerns about infectious diseases and allergies have contributed significantly to the expansion of the household paper goods market.
34. Mobile Store
In Guwahati, one of the best business ideas you might explore is opening your mobile store. Why? Because many people enjoy gadgets and would like to purchase them in large quantities. Many mobile phones are available for purchase monthly. In Guwahati, for example, the iPhone 12 is available in instalments at Affordable Mobiles. This implies you can get the phone at a low price for the next few months.
Over the last decade, interest in mobile phones has steadily increased, as has the number of mobile phone brands entering the Indian market. With new firms like JIO joining the market and offering low-cost data plans, the Indian mobile phone market has a lot of room to develop. This article will look at the financial requirements for opening a mobile store in India and the necessary paperwork.
A minimum expenditure of roughly 5 to 10 lakhs is necessary to open a mobile store, depending on the area, size, and merchandise to be supplied. Mobile stores do well in regions with high foot traffic, such as malls, bus stops, train stations, and shopping complexes.
35. Food Truck
You can find Food trucks in most major cities in the United States and other nations. That implies Guwahati has a food truck business opportunity. Food trucks are mobile food carts with a financial motive.
Customers are served by the food truck operators, who also provide the kitchen. They also sell cooking appliances such as gas ovens and mixers. You can establish a food truck business with your friends or family in Guwahati.
There are numerous prospects for small business owners in the food truck market. You may start your own food service business with a truck, cooking equipment, and materials instead of investing in an entire brick-and-mortar site. If you want to establish a food truck business, the first step is to develop a good idea.
However, you may begin with a food truck franchise. Food truck owners have some advantages over typical restaurant proprietors. If you have an entrepreneurial itch and some experience in this industry, consider the following benefits of mobile restaurants:
1. Low-cost initialization
2. Possibility of setting up at well-known events and locations
3. Driving and parking your truck around town for free advertisement
36. Freelancing Service
In Guwahati, freelancing services are one of the most profitable industries. Blogging, editing, designing, graphic design, freelance services, video editing, and so on are examples of these services.
It is always a good idea to try a new business and see how it goes. Even if you can't get what you want in one or two months, if you put in the effort, you might be able to make it a habit. The future of employment is undergoing a significant transformation due to technological advancements.
The terms "digital nomad" and "travel fish" are popular among millennials. People desire a fulfilling existence rather than a 'work-filled life.' Today's netizens have a "life-first" mindset.
They are continuously looking for intriguing freelancing company ideas where they may have complete control over their work life, including where they work, how they work, remuneration packages, and a variety of other factors.
Do you have a passion for something? Then it's only natural that you want to express your thoughts on the subject. You must do it in the form of a blog and provide good information to those interested.
You understand the importance of blogging for your small business, but you're unsure where to begin. Does this ring a bell? If you already have a WordPress website for your company and want to add a blog, you can do so from the dashboard.
You can find an excellent primer on how to achieve this here. Adding a blog to a non-WordPress site is a more technical process that may necessitate the assistance of a web designer or developer.
If you're beginning from scratch, here's a step-by-step guide to getting your small business blog up and running now. Most bloggers, on the other hand, make a reasonable living.
38. Catering Service
Catering service is a lucrative business in Guwahati, and there are numerous reasons you should start one! A catering service is a company that hires employees to come in, prepare, and serve food to paying customers. It has numerous advantages for you. To begin with, your staff will have no time to do any other work, allowing you to earn more money. Second, when it comes to eating, people have a wide range of requirements and tastes.
You should use traditional ingredients to prepare the food you offer. This is a distinct benefit of catering. Third, establishing a catering service is always simple. Starting a catering business is an excellent way for folks who appreciate offering people different culinary dishes to start a business.
It is a profitable firm that provides the owners with a healthy profit margin. You can start this business part-time at first. As your company expands, you may consider giving it your all.
It would help if you emphasized that the catering industry is highly demanding. Stamina, the ability to perform under pressure, and excellent interpersonal skills are all required. And personal reputation is crucial to the success of this business.
39. Tea Bags Production
You can start a business making tea bags. Tea and paper bags are the only two primary raw materials required for tea bag production. A tea bag is a thin, porous, sealed bag that contains tea leaves and is used to make tea with a hot cup of water.
An ambitious entrepreneur with a proper understanding of tea leaves can establish a tea bag manufacturing company with a small investment. People who live in rural areas are likely to be less familiar with the term "Tea Bag" because the typical way of preparing tea in most homes, not only in rural areas but also in cities, is to keep water in a pot and place it on the stove.
The tea leaves are then placed into boiling water, the most popular method. However, as the world becomes more urbanized and industrialized, a new technique of tea production has emerged, in which Tea Bags are utilized to prepare tea. In large offices, Tea Vending Machines are frequently used to create tea, and Tea Bags are used to make practically every flavor of the tea.
40. Financial Planning
We've all heard "finances" since the dawn of time, yet many of us are still unsure what it means. To clarify, finance is a phrase that refers to the processes of creating, managing, and studying money and investments. How an individual, an institution, or the government earns money, or capital, as we call it, and how they manage and spend it is a significant aspect of finance.
It is pretty tough to secure a steady income. In fact, in Guwahati, there are many organizations where people can sign up to work as full-time financial consultants. You can earn money by completing specified activities for clients and businesses.
On the other hand, many people prefer to work as independent consultants. They know where to look for the best discounts and how to make a lot of money. It might be challenging to make a living as a freelancer. However, it's probably worth a shot if you're desperate for cash.
41. Agarwood Products Business
Agarwood is a type of wood that possesses medicinal and therapeutic effects. It's thought to have a relaxing impact on the brain. It's also frequently used to flavour beverages. As a result, you can profit by selling various agarwood-based items. You can produce candles, incense sticks, agarwood, handcrafted perfumes and lotions, and so on.
The tree extracts perfume, known as agar, which we commonly use in the fragrance industry. It is more expensive than sandalwood because of the smell and oil extraction, but it is not as easy to extract and generate money quickly.
To reap the benefits of the tree, one must wait 9 to 12 years. A fungus illness will attack the agarwood after the tenth year, and the tree will generate a gum/gel-like substance to protect itself from the fungus. You can use that gum to extract oil and the hard chips to make perfume and agar powder, among other things.
42. Handloom Business
Silk and cotton clothing is popular among many individuals. As a result, there is a great demand for these garments in Guwahati. Even though you don't make much money from these clothes, many individuals wear them. Working as a handloom weaver can help if you have spare time.
The handloom industry in India is one of the country's oldest and largest cottage industries, with a lengthy history of exceptional craftsmanship dating back thousands of years and evoking the vibrant Indian culture.
The handloom sector employs around 4.3 million people. We recognize the handloom industry in India as a significant talent resource and a crucial source of employment for women and the underprivileged as India's demographic dividend approaches.
43. Brick Production
Have you ever heard the adage that a perfect plan is as good as a brick-and-mortar outline? You can make money by doing something comparable to producing bricks. You may make money selling bricks if you have the necessary skills and equipment. For each brick manufactured, brick manufacturing business owners receive an average of INR 1. Large brick production kilns, as previously said, produce 30,000 to 40,000 bricks daily.
Bricks are in high demand due to their high-quality ratio of raw materials. Over the last few decades, profit margins have expanded as technology has advanced and more bricks have been used in building, with bricks selling for INR 8-9 per piece.
Brickfield makers will have to constantly innovate their processes to ensure that they are not harming the environment while producing large quantities of brick for construction. The brick field industry is one of India's largest consumers of coal.
44. Waste Management Service
In today's world, waste management is getting increasingly popular. Being ecologically sensitive is even more crucial. You can start a waste management service in Guwahati. It can be a profitable small business.
The administration has been looking for ways to utilize all the rubbish and manage the growing landfills. Garbage management solutions are lacking, and waste is rising, posing a hazard to the environment. Discarded garbage on streets and landfills breeds bacteria and brings illnesses closer together. Today, massive amounts of trash are produced in every corner of the globe.
It is critical to recycle this waste to live a healthier and safer life. Waste management may bring in a lot of money while positively impacting society. A trash management business does not require much capital to start. A small sum of money would suffice to get the business off the ground.
45. Cart Vending Business
Starting a cart vending business is one of Guwahati's most profitable business ideas. The market is rapidly expanding, and you can make good money if you are patient enough. One of the top business ideas in Guwahati is cart vending.
One of the most suitable and cost-effective ways to enter the food sector is to start a food cart. The business is among the most popular high-profit food business ideas among the numerous restaurant formats for starting a food business because of the lower risks and investment.
However, to be successful in the food cart business, you must have a decent product in demand and a solid location that will ensure your long-term survival in the market.
Food carts have exploded in popularity in recent years, attracting street food fans worldwide. A food cart business is a cost-effective approach to entering the retail industry without investing much money in establishing a restaurant.
Guwahati, Assam's capital, is famed for its tea gardens and wildlife tourism. Guwahati is the most significant area to establish a small business because of the numerous options accessible.
Guwahati Startup is a government-led initiative to enhance the state's startup ecosystem. This campaign aims to encourage and inspire young people in Guwahati to become job creators and pursue their business dreams.
As a result, Guwahati would become the country's premier startup hub. These were some of Guwahati's most creative business concepts. Depending on your interests and abilities, you can choose from any of these options. We have discussed 45+ most profitable business ideas in Guwahati that you can pursue to start your own prosperous company.
I hope this article has given you some good business ideas in Guwahati. What did you think of the article? Please leave a remark and share it. You will find more articles like this on the Fynd Platform.
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Why Start a Business in Guwahati?
Ease of doing business is a hallmark of investment-friendly business climates. Along with Haryana, Himachal Pradesh, and Punjab, Assam has implemented the "Ease of Doing Business" reforms mandated by the Finance Ministry. Guwahati has a highly conducive environment for beginning a business.
How to start a business in Guwahati?
Entrepreneurs should write a business plan before launching a new firm. Before making final decisions, you should contact an accountant and project consulting firms. The most crucial consideration is the type of business you have.
A market analysis is necessary to determine the viability of a business venture. Market research aids in a better understanding of the current competition, market gaps; consumer wants and preferences, and so on.
What are the benefits of starting a business in Guwahati?
Entrepreneurs' goals and passions frequently lead them to create their firms. Working for someone else may not fulfil you in the same way as following your ambitions. Finding the motivation to accomplish your best work might not be easy when you work for someone else. Whatever you do, the company's owners will reap the benefits.
One of the most rewarding aspects of being an entrepreneur is starting a firm and using it for social good. You can contribute your profits to nonprofits, charities, or community initiatives. As an entrepreneur, your ultimate goal is to achieve financial independence.
What are the important factors for selecting a location in Guwahati?
- Availability of raw materials
- Workforce availability (skilled, semi-skilled, and unskilled)
- Proximity to the market
- Availability of transportation
- A steady supply of electricity and fuel
- Climate characteristics that are specific to a product
- There should be available industries that are both competitive and complementary.
What is a small business?
Any company with less than 500 employees or annual receipts below a certain threshold qualifies as a small business. In the United States, most small enterprises are substantially smaller—the average small firm employs 1 to 19 employees.