The major challenge when it comes to writing a business plan is knowing where to start from. Because of this most business owners and entrepreneurs don’t always get it right when they have to write a comprehensive business plan within a short period of time.
The business plans help to answer many questions about a proposed business project. A business plan is expected to answer basic business questions such as:
1. What is your business all about?
2. Who are your potential customers?
3. How will you reach your potential customers?
4. Who are your competitors?
5. How will you execute basic functions of the business?
6. What is your business financial projections etc?
In this post, we have carefully selected some of the best business plan templates you can find to help you craft a perfect plan for your business.
If you love to cook and are thinking about starting a business, combine the two and start a small catering business. But how do you start a small catering business? It’s by having a great business plan detailing every aspect of the business before you get started.
Most of us have attended at least one event till date. Starting an event planning business in India is a lucrative business with very good returns, with thousands of events and parties happening across the country. Event planning business requires a combination of education if necessary, an experience and excellent networking.
Salon Business is one of the best and lucrative business in India right now because it does not cost much and requires little capital to start. Either a barbing salon or beauty salon for women pay a lot because it requires no college degree to start one but skill.
Many Indian mothers are working at paid jobs or running their own small businesses which consume most of their time. As a result of this trend, there is a growing opportunity for convenience services like child and day care center businesses.
Are you an expert driver? Can you successfully teach others how to drive? If yes, you may be qualified to start a car driving school. There is a great opportunity in this business because most Indians are looking forward to owning their own cars. School leavers are also eager to learn how to drive.
India is blessed with a favorable soil and climatic condition that can accommodate crops such as onion, carrot, cocoa yam, pear, potatoes, okra, vegetables, beans and so much more. Starting an agriculture farm business is a profitable business opportunity with so much market to serve.
The feed farm production industry has been largely promoted as one of the most profitable agribusinesses to venture into. Asia has a major impact on the worldwide production and distribution of livestock feed.
Health they say is wealth; the need for health is the need of all both young and old, both for the rich and the poor alike. Would you like to invest in the fitness business, or are you thinking of a business to invest in? You should consider this business option.
Pharmacy or drug store business, whether we like or not, has become an integral part of India’s economy today. In a nutshell, drugstores are described as retail establishments that market drugs, be it prescription-based, proprietary, or nonprescription medicine.
The fast-food business in India is a very profitable business. Food is something we cannot do without even if it’s once a day. The growing population of over 1.3 billion people is also a high contributing factor to the profitability of fast food business in India Amidst the current global crisis, one line of business in India that continues to promise greater returns on investment is the fast food business.
The consumption of bread and other bakery products such as biscuits, chin-chin, gala and meat pie among others, has created a huge market for the wheat flour industry. This sector has provided a lot of opportunities while more opportunities are still open for interested investors that are willing to invest some cash.
The demand for internet cafe services in India is high especially in business enabled environments like tertiary institutions, offices and in different work areas. This business is one of the profitable medium scale businesses in India; the business can give a high-profit margin when managed properly.
Starting your own clothing shop boutique is a good business idea in India because the fashion industry is one powerful sector that will always be vibrant in any economy because all over the world, people have a basic need for clothing. Beyond this need, fashion is also evolving on daily basis due to the huge and diverse interest in styles.
India is and will always be a big market for cars, both used and new ones. Compared to other Asian countries, India spends up to $17 billion dollars every year importing vehicles (especially second-hand) from the USA, Canada, Europe and around Asia. Which makes the industry an area worthy of investing.
The good aspect of this business is that it does not necessarily require a large amount of capital or funding especially when you intend to start. For those who have enough money to invest, this will be a good decision as with more money invested, the business can grow much better and faster leading to better and profitable returns.