There are several business ideas which are trending now. However, one would look at the high profitable business idea to start. There is no point in starting a business that can give low to moderate margins in the medium to long-term. This article would provide some of the high profitable business ideas to start now. One should start such business based on their interest and passion towards these businesses to be successful.
10 High Profitable Business Ideas
Here is the list of highly profitable business ideas to start now.
1) Interior Designing
These days everyone is thinking of having their dream home at a young age. They are even planning to spend money on interior designing to make it as beautiful home. If you can do interior designing course for few months, this could be good profitable business idea. When customer approaches, you can provide a plan and see that this is executed by your team and earn good profits.
2) Online Grocery Store
One of the evergreen ideas is a grocery store. These days both husband and wife are going for job and has less time to spend together. On top of this, they do not have much time in getting things what they need at home. You can start online grocery store in a particular city and delivery groceries at customer doorstep.
Also Read – 10 Most Profitable Business Ideas
3) Fashion Designing
Fashion Designing is trending in India now. You can do course about fashion designer and start your own fashion designing. Many women do not go for readymade garments as they don’t fit their exact size. Here is where you can encash such opportunity. You can open fashion designer store in your locality and engage few workers to run this business. This is high profitable business idea.
4) Jewellery Maker
Gold prices would go up or down. However, Indians would continue to love gold. They wear gold ornaments in weddings, birthday functions, get-togethers etc., One can start as jewellery maker and earn good margins.
5) Event Organiser
Life has become busy for everyone. People are looking for professionals to organize for weddings, birthdays, get-togethers etc., If you have a skill of getting people together, event organizer business could create wonders for you. You can employ few people and see that such events are successful. If you can get good name by conducting few events, customers would follow you automatically.
6) Catering Services
If you are good in cooking, you can start catering services which is high profitable. You need to have good masters who should be specialist in preparing food items. If you can deliver good food, with word of mouth, customers would automatically come to you.
7) Pharmacy Store
One more ever green business is pharmacy. With increasing population and abnormal food habits, individuals are being hospitalized for even small illness. With this scenario there is increase in pharma business. You can buy medicines at wholesale rates and sell them for retail and get good profits.
8) Mobile Store
Gone are the days where one used to keep their mobile or years together. These days people are buying mobile phones every 1 year or 2years.There is increase in demand as most of the family members at home are having mobile phones. You can open a mobile store in your locality which is a high margin business.
Also Read – 200 Small Business Ideas in India with Low Investment
9) YouTube Channel
If you have a passion to create unique videos, YouTube channel monetization could be a high profitable business. You can apply for Google Adsense for revenue monetization. You just need to keep pumping videos on a regular basis and you can get good money from this.
10) Mobile Food Court
These days people are worried more about getting good quality food at their work location. You can choose a good location and open mobile food court there. You don’t need to pay any rent as you prepare food on your truck and sell then and there. Many people are loving mobile food court as it comes with low cost and high quality. If you can maintain good quality good, this could be good profitable business idea.
Conclusion – The above are some of the highly profitable business ideas. You can choose one of the business ideas based on your interest and passion.
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This is a guest post from Suresh KP who is founder of Myinvestmentideas.com which talks about Best Investment Plans, Top Mutual Funds and Business Ideas.