Ideas for Starting Up Your Own Business

It is a dream for many people to start a business to generate more profits for the benefit of the family.

Yes, it is a very interesting one for you to be able to start being your own boss, having your flexible schedule and choosing the right kind of business that will work effectively for you.

With this article, you will be able to know the different ideas which will aid you in reaching your goals in starting up your own business.

The first tip which will make everything possible in business is to think about what your interests, skills, talents and strengths are. You also need to jot down all the activities which you enjoy doing. By doing this, you will have a certain idea on which business endeavor you think you will do well in. You may list the following: building or designing motorcycles or custom cars, selling crafts, teaching art and cooking classes and baking.

Check Out the Ideas for Your Business Start Up

Next, you have to jot down the topics which capture your interest and keep you on the lookout for such as entertainment, politics, sports and technology. In addition, you also need to think of a particular age group that interests you such as kids, teenagers, adults and elderly. After knowing the best one for you, you can already start in conceptualizing the other details that are needed for the business start up.

You also need to ponder on the type of business structure which you want to have. If you are a loner and you think you can do everything well, then you can have a sole proprietorship. But what if you have a best friend or relative who is also a business-minded person like you are? Then you both can start a business partnership. Now, if you have the calling to serve clients, then you need to have a Limited Liability Corporation or LLC.

After that, you need to observe the businesses which you think are in demand in your locality. But, you still need to make sure that your chosen one is compatible to your passion, skills and interest. If you don’t have enough capital, you don’t have anything to worry about because there are several lending institutions which might be willing to provide you with loans. The most common institution which aids entrepreneurs to start off with their business effectively is the Small Business Administration. The only requirement that they will need you to submit is the business plan which stipulates details of your mission statement up to the details with regard to the marketing plans.

The competition is also another factor which you need to pay attention to. To make sure that you will capture the interest of potential customers, you need to provide something unique and catchier than what your business rivals offer.
Lastly, you need to think of an effective advertising strategy which you can use to generate more leads.

53 Comments

  • sethu said on July 28, 2011
    HI, this is sethu i have finished my mechanical engineering and have 2yrs of experience in automobile parts manufacturing company the money what i earn is not enough and i have planned to start my own business i'm located in chennai tamil nadu which business will suit me please guide me for my future. thanks and regards A.sethuraman
  • suman said on November 27, 2011
    hi i want to start a business in my hometown, Tirupati(Andhra Pradesh) it was some thing innovative and my budget is 10 lakhs can u give some suggestions please
  • nombuso hlophe said on December 9, 2011
    i want to start a business life SA Durban ,shoe business, i want to know how to get suppliers from e.g italy ,brazil etc if i am south africa.
  • amol thakur said on January 8, 2012
    professionally i am mech. engg. but i have sevral creative concept those who are related to prodcut ads but i am not able to get the proper path to implement the same. can you help me
  • Alina said on February 27, 2012
    Hi I want to start a business in my hometown ,I have bore hole .where can I find Equipment for purified water
  • Tammy Alfonso said on March 10, 2012
    yes i would like some info on me and two co workers opening a restaurant are there loans out there for this
  • BASANAGOUDA.PATIL said on July 24, 2012
    Hi, i want to start a bpo company in bailhongal, belgaum,karnataka state, i want complete business regard bpo, i'm pursuing mba
  • nicolene said on October 18, 2012
    Good day I am clara I am from malmesbury in the western cape I want to start My own business, I already sell food .we can I go to register and more help. Because there are no jobs and doing want to give up
  • sushma said on November 16, 2012
    hi, this is sushma i want to start some business near rajijanagar ,actually we had a provision shop but for future that is not enough so some other business which will run more please give me a suggestion.
  • AHMED said on December 14, 2012
    hello I wish to open a new business in Chennai in Tamil Nadu so pls send me the required details through my email id: mahmed1786@gmail.com Best regards, Ahmed
  • vandana agarwal said on January 14, 2013
    hi... i want to start my own boutique here, but i have no money to start. ratan lal nagar , kanpur, U.P. India
  • Crystal Annie Bwakolo said on January 15, 2013
    Hello. i was planning to open a new business in prawn and bee farming in Temotu in Solomon Islands. Please send me necessary details that will help me start my business. My email id is kirrip67@gmail.com Cheers, Crystal.
  • Rahul jain said on March 11, 2013
    rajahmundry (andhra pradesh) i want to start construction business at my place....i am a mech. engineer ....have passion to be an entrepreneur
  • Deepak m turamari said on March 18, 2013
    hi i want to start a business in Belgaum (Karnataka) it was some thing innovative and my budget is 5 lakhs would you give some suggestions please or contact me 09901318970
  • freelance ganyani said on March 20, 2013
    Hi I want to open my own pub in zimbabwe might be in harare or bulawayo .my question is hw much cash do i need to rent the place and start running the business. thnx
  • kishore said on April 1, 2013
    I would like to do small business in chennai
  • RAKESH said on April 6, 2013
    Hi I HAVE NO IDEA TO START MY OWN BUSINESS PLZ SUGGEST ME HOW CAN I START MY OWN BUSINESS, I DID SO MANY JOB BUT I HAD NOT ENOUGH SATISFACTION WITH SALARY, TODAY I WANT TO OPEN MY OWN BUSINESS, WHATS TYPE OF BUSINESS NEED TO DO? MY BUDGET IS VERY LOW.
  • Rose khali said on April 16, 2013
    I have idea of business I want but i dont have idea on how to start up the business. I have not done business subject at school so i dnt know to draft a business plan. May you please help urgently please
  • ashok g said on May 5, 2013
    i am ashok from bellary i want to start business from 6 Lakh tell me which business is best for me
  • suneel said on May 28, 2013
    i am Suneel from Rajahmundry , completed MCA . I want to start business from 2 Lakh tell me which business is best for me
  • K. KALAIVANI said on August 1, 2013
    Hai, I am Kalaivani from Neyveli, I wish to open gym in neyveli, Cuddalore district, Tamil nadu. Kindly give me your guideline. Pl. give the instruction through email as early.
  • Kallol Kar said on August 22, 2013
    I want to start a new export business of stationery item i.e. pens, pencils, pins, writing papers etc from Kolkata (India) to foreign countries. I have no exp. in this line of business. Pl. send me ideas of start a new export business to my emails urgently.
  • kutlo said on August 29, 2013
    I would like to start a trucking business with at least 3 trucks and trailer to transport goods all over sacu region. But I have no budget and finance but very good jobs in waiting. Gaborone botswana
  • vinay said on November 9, 2013
    Hi.. I am vinay from gadag, karnataka, I am running the business of typing and xerox, now I want to develop my business please help me
  • sandeep v mahajan said on November 11, 2013
    hi i want to start a new mushroom from but i dont have ani idea plz help start business in maharastra malegoan dis nashik
  • vnvd prasad said on November 11, 2013
    i'm from rajahmundry east godavari district. i want to start a business with budget of 5 lakhs. so please advice me fast selling business
  • Srini said on November 13, 2013
    Hi I want to start a business in my hometown Tirupati(Andhra Pradesh) and my budget is < Rs.10 Lakhs.please advice me which business is best..
  • rajsekhar said on February 13, 2014
    Hi i am from tirupathi i want to start a business near tirupathi(village) to help for noneducational and poor peoples and should be environment free, i looking paper or use and through products my budget is less than 2 lakhs. please advice me which business is best
  • Nitin said on March 6, 2014
    hi, i am nitin completed MBA finance and working in construction co from 3 yrs Handles Taxation part of the company. i want to start small consultancy where data entry part of the company can be done. Please contact 9739684260 for data entry.
  • Ismail said on March 12, 2014
    Hi i want to start business in hubli karanataka my budget is 10 lakhs pls advice me
  • Bongani said on March 23, 2014
    hi. I am willing to run my own business but I don't have enough money and enough place to run this business. briefly I want sell egg and chicken. please contact 0724132209 for advice
  • Paawan said on April 22, 2014
    hi i want to start a business in my hometown, Muzaffarnagar(Uttar Pradesh) it was some thing innovative and my budget is 10 lakhs can u give me some suggestions What I Should do?
    Exp: I have 4 Year experience in Network Monitoring and IT security equipments and have knowledge of web development. City:Muzaffarnagar(U.P.)
  • Nitin said on May 6, 2014
    Hi all, From last 3 and half years i am working in construction company (Accounting department) so have enough knowledge on VAT, TDS, Service Tax and labor laws, because now a days if you start any business accounting play a very important place. we are here you to serve you (From Data entry of accounting to filing of returns). if any information required please contact, Nitin Karekar, +9739684260, Belgaum-590016. Karnataka.
  • karthik meganathan said on June 23, 2014
    HI my name is karthik m from chennai. i completed my BTech(2012)still i didn't get good jobs so i would like start my own business with low investment so please guide me to start my business, which is best business to get profit between 40000 to 50000 RS. /month. thanks in advance...
  • Rohan Naik said on August 4, 2014
    Please help in finding the right business to start. I have 8 yrs of work exp. in sales, business development. My interests are sports, dance & music. I want to start a business in Belgaum - Karanataka. I am currently in Pune - MH
  • palaniswamy said on August 6, 2014
    i want business ideas
  • divya Rayar said on September 21, 2014
    I want to start a new business in my home town bailhongal help me plz.
  • lakshmi said on October 14, 2014
    I am lakshmi, i am basically food technologist, i was working in snack industry, but that money will not enough for present expenditures. so i am thinking to start a business in Tirupathi, and i can invest 10 lakhs, so please suggest me some good business.
  • umadinesh said on January 6, 2015
    i want to start my own business with less investment which type of business will correct for me
  • mai said on February 19, 2015
    Hi! I'm from US and i would like to start a small oriental market. I would like to know how to start this kind of business, how much capital i need and where can i find distributors. Your help is much appreciated.
  • Ehtesham said on March 9, 2015
    Hi I want to start business in Hyderabad with capital of 10-20 lakhs. Kindly let me know which are suitable businesses in current markets. My plan is to open sheep & dairy farm. thanks
  • Jeffery Hicks said on April 1, 2015
    Hi I want to start a business in my neighborhood of Lawrenceville Georgia I have several interests and know that I need to choose one. I have an IT background but I also like to remodel homes and I also like to cook. I need some help with narrowing it down. Thanks
  • suneel said on July 11, 2015
    Hi, this is suneel , I want to start the business in Tirupati ( Andhra pradesh), is there any best and innovative ideas. my budget is upto 40k.
  • Waleed Shaikh said on September 28, 2015
    Hey,I am WALEED SHAIKH (Indian) from DAMMAM SAUDI ARABIA.i want to start my own business @ BELGAUM KARNATAKA INDIA. any suggestions for which vl be the best business? for the budget of 12-15 lakhs!
  • krishna chaitanya said on November 17, 2015
    Hi i want to start the business in my home town tirupati.but i dont have any experiences .my budget to start the business 3 lakh.
  • M.M.Patil said on April 9, 2016
    M.M.Patil I have 36 years of experience in Mechanical Engineering/Power generation.Wanted to start a own business in servicing/Mechanical line.Please guide me.
  • S Venkatesh said on May 17, 2016
    hi, This is venkatesh i have completed my post graduation. but i am not interested in IT field so i want to start business. i dont know what is correct for me....tell me any opportunity.
  • saikrishna said on June 22, 2016
    hi i am saikrishna i want to start poultry farm business near my place i dont know threats and i want to know complete structure of business i am studying degree 3rd year kamareddy nizamabad district telangana (7794803755)
  • Deen said on August 22, 2016
    Hi sir, I am Deen , I completed chemistry degree , I want to start a small business in tirupathi (andra Pradesh) please suggest me a good business , I am awaiting ur reply
  • Guruprasad said on August 29, 2016
    Hi Guys, I want to state a small scale business, in tirupati shrouding any one kindly advice me to right chooses, present I am working in MNC company, contract details, 09488777143, guruprasad.bsnl@gmail.com
  • Deen said on September 24, 2016
    I want to start a business in tirupathi(andra Pradesh)India, my budget is 10 lakh to 15 lakh, which business is best in tirupathi, please kindly suggest me
  • RAGHU said on October 18, 2016
    i want to start some business IN DAVANAGERE (KARNATAKA), Actually we had a COMPUTER PRINTERS SERVICE OFFICE but for future that is not enough so some other business which will run more please give me a suggestions.
  • Shubham Mahendrakar said on January 27, 2017
    hi, i want to start a business in Savadatti, dist-Belgaum, karnataka, kindly suggest me a business plan with an invest between 10-15 lakhs,

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