Fyers vs 5Paisa – Fyers and 5Paisa both are leading discount brokers in India. Let’s talk about them one by one.
Fyers is popular as a technology-focused discount stockbroker. Fyers offers trading with flat brokerage fee across all segments. Fyers provides trading in equity, cash, F&O, and currency derivatives segments.
On the other hand, 5Paisa is the fastest growing discount broker in India. 5Paisa also offers a flat fee per trade. 5Paisa allows a trader to trade across equity, currency, commodity, insurance, and mutual funds.
Let’s compare Fyers and 5Paisa Discount Broker side by side to know which one is the best discount stock broker Fyers or 5Paisa.
Fyers – Review
Fyers is among one of the cheapest stock brokers online. Fyers stands for “Focus Your Energy & Reform the Self”. Thus you can expect better services from Fyers.
Fyers offers trading with a flat brokerage fee of Rs.20 per executed order. Fyers is a technology-oriented discount stock broker that offers a high-performance trading platform accessible over the web as well as mobile.
Fyers Key Features
Thematic Investment with Single click with over 100 themes
Advanced charting features with multiple indicators
Inbuilt Stock screener facility
Portfolio Tracker and Simulator
F&O Analysis Tools
Real-time market-wide analytics
FII/DII data including global market performance information
Fyers one is a desktop trading platform that allows you to do real-time analysis of your stock. You can trade with a click of a button using this platform. This platform allows you to create multiple watchlists for your favorite stocks. This platform provides you 60 different technical indicators for the analysis of market trends. You will also get an advanced charting and FnO analysis tool for deeper fundamental and technical analysis.
Fyers Markets
Fyers Market is a mobile trading app available for android as well as iOS platforms. This app offers multiple features such as faster trading, multiple screeners, preloaded options strategies. Instant order placement and order book update is very food feature of this app. This app also allows customers to transfer funds from Fyers Market App.
Fyers Web Trader
Fyers Web Trader is a web version platform. You can make use of this platform on desktop, mobile as well as tablet. Fyers Web Trader provides advanced features such as chart analysis, price ladder analysis etc. You can trade or execute orders from the charts. It also offers portfolio tracking, future & options strategies etc.
No Option for investment in bonds, Insurance, and Mutual Funds
No Toll-Free Customer Service Available
5Paisa – Review
5Paisa is one of the oldest and fastest-growing discount broker in India. 5Paisa provides a facility to open instant paperless trading and demat accounts. 5Paisa is famous for its lightning-fast trading and advanced mobile application.
5Paisa offers a demat account with zero brokerage. You can trade-in equity, commodities, derivates, futures and options, currency, etc at just Rs.20 per trade.
5Paisa Features
Online Trading at BSE, NSE, and MCX
Offers different accounts for trading and mutual funds
Online Investment in Insurance and Mutual Funds
Three different plans for traders
Flat brokerage and easy to understand the fee structure
Multiple trading platforms with good user interface
5Paisa Charges
5Paisa offers three different plans. Details are given below.
Optimum
Platinum
Titanium
Stock Delivery
Rs.20 per order
Rs.10 per order
Free
Stock Intraday
Rs.20 per order
Rs.10 per order
Rs.10 per order
Stock F&O
Rs.20 per order
Rs.10 per order
Rs.10 per order
Commodity F&O
Rs.20 per order
Rs.10 per order (For equity options Rs.2 per lot)
Rs.10 per order (For equity options Rs.2 per lot)
Call & Trade
Rs.100 per call
Free
Free
Trading Account Opening Charges – Rs.650 one time
Trading Account AMC – NIL
Demat Account Opening Charges – NIL
Demat Account AMC – Rs.540 per year
5Paisa Margin
Category
Margin
Equity Intraday Trading
Up to 20x
Equity Delivery
Up to 4x
Equity Futures Intraday Trading
3.5x
Equity Options Intraday Trading
1x
Currency Futures Intraday Trading
1x
Currency Options Intraday Trading
1x
5Paisa Trading Platforms
5Paisa Mobile App
5Paisa offers a wonderful mobile trading app. You can do trading at BSE as well as NSE on the move using this app. This app also provides robo advisory on the mobile app. The interface of this mobile app is simple and easy to use. You can buy stocks, trade-in stock, currency, future, and options as well as mutual fund using this app. It is a user-friendly app with very good performance.
5Paisa Web Trading
5Paisa also offers web trading via the website. You need to open 5Paisa website and log in using your computer, laptop or mobile device. The web trading platform everything under a single domain. You can do trading in equity as well as investment in bonds, insurance, etf etc. The web trading platform is integrated with payment gateways and banks for real-time fund transfer
5Paisa Trade Terminal
5Pasia Trade Terminal is another trading platform provided by 5Paisa. Trade Terminal is a platform for advanced traders. This tool provides real-time data, advanced charts with indicators, and multiple other tools for monitoring the market and ordering on a real-time basis.
5Paisa Pros
Online Paperless Account opening
Low and Fix Brokerage Charges
Easy to use advance trading platforms
Very good support and services
5Paisa Cons
5Paisa does not offer Demat & Trading account for NRI
Call and Trade is chargeable in the optimum plan
Fyers Vs 5Paisa Discount Broker Comparision
Takeaway
Fyers is a relatively new stockbroker and focusing more on technology and innovation. If you are looking for only equity trading you may think of Fyers. However, if you are looking for a complete platform that provides facilities of mutual fund investment as well as the insurance you should go for 5Paisa. It will help you to manage and track all your investment in a single place.
*Note- All information given above is collected from the stockbroker website as on 15/6/2020. The account opening charges, margin, and other fees, etc can vary from time to time. You are requested to refer stockbroker websites for the same.
Sensibull is an options trading platform. Sensibull offers real as well as a virtual trading platform. Sensibull helps traders to decide on the correct strategy based on market conditions. You can also get useful information like trade, strike price, profit and loss potential, etc before entering an option for trade. It also allows you to compare various strategies. You can do real trading as well as virtual trading on this platform.
Suppose you want to use options trading and you are new in the market.
Do you think that Sensex is likely to go up by 80000 in a short time? Or stock of Reliance is going to stay between Rs.2500 to Rs.3500 next month. But you are not sure which option or strategy will work and how you can maximize your return? Should you but Buy Call, Sell Call? What should be the expiry?
Sensibull give answers to the above. You just need to enter data and hit the go button. You will get the right strategies including probable profit, ROI, breakeven, etc.
Key Features of Sensibull Options Trading Platform
Strategy Builder
This platform offers a customized strategy builder. You can create and customize various strategies as per your need. The strategy builder tool is intuitive. You just need to select a few options on the dashboard and the instruments in which you need to invest in. Your strategy will be created. You can create strategies like call spreads, put spreads, straddles, strangles, condors, and many more.
You will also get an option to analyze your trade and positions. It is a very good option for traders. You will get various scenario analyses as well as data about the Profit and Loss Account of the company.
Easy options
Easy options are for the beginner. If you have never traded in the option this feature is for you. This option is mainly built to minimize the losses for the beginner. In this option, you need to give three limited risk trades (Up, Neutral, and Down) and enter maximum profit and maximum loss margin, and hit the trade button.
Virtual Trading without real money
Virtual Trading is a platform that allows trading with virtual money. It is one of the best features where you can do virtual trading and learn how trading works. It is like doing a net practice before starting actual trade.
Strategies Wizard
In the strategies wizard, you can predict the market direction and get the best Options trading strategies optimized for your prediction.
FII Buy Sell Data
You will also get information about FII Buy and Sell data. This information helps you to know what FII is doing in the market. Ultimately you can decide your strategy by using this data.
Whatsapp Alerts
On the dashboard, you will find the Whatsapp alerts option. Here you can set the option to get real-time alerts about stock prices and P&L on your Whatsapp. Smart Options Strategies with small risk are published every day on this platform.
Education by Sensibull
You will get free education data on Sensibull. Sensibull platform offers videos, webinars, tutorials, and many other things about how to trade in options.
Stocks Results and Events Calendar
Stock Results and Event Calendar is open to all options. Here you will get information about the result dates of FNO stocks listed on BSE and NSE. You will also get information about macroeconomic events affecting the stock market such as RBI policy changes, budget, etc.
Sensibull Pricing – Plans
Sensibull Options and the Trading platform offers three plans – Pro, Lite, and Free
Pro
Pro plan is available with all features. Six monthly plan cost is Rs.780 per month.
Lite
Lite plan offers somewhat limited options compared to Pro Plan. Six monthly cost of this plan is Rs.480 per month
Free
The free plan offers only limited features. You can also get 7 days free trial on this option.
How to use trade, buy and sell Options at Sensibull?
Click on the Login button from the Topmost navigation bar. You will be prompted to use a partner broker account. You can log in using Zerodha, 5Paisa, Motilal Oswal, ICICI Direct accounts on this platform.
You can also use Gmail ID to log in to this platform. Once you are login you will find various navigation options on the left-most menu.
You need to click on the Strategies wizard. Next is to select a stock name. Suppose you select “TCS” in the stock Name. Next is your view. You can select from “Not Above”, “Above”, “Between”, “Below”, and “Not Below” in the view.
Next is making a selection for the target of the stock and Target date.
E.g If you feel that TCS stock is likely to go above Rs. 2000 level by target date. You can make a selection as given in image below.
Once you are done press the Go Button. You will get various strategies based on your prediction. You just need to click on Trade and enter quantity to execute trade.
How to use Virtual Trade by Sensibull?
To use Virtual Trade, log in to Sensibull platform. On the left-side navigation menu, you will find various options. If you are lite user, you can access the virtual trade platform. Alternatively, you will get 7 day free trial.
Click on the virtual trade. Now click on Create New portfolio. Give a name to your portfolio.
Click on your newly created portfolio. You will find an option to add your own strategy or use an existing strategy.
You need to click on order and select between Nifty and Bank Nifty. You can create a contract for Future with a call, put. You need to enter Lot, Price, and order type Buy or Sell.
You can create multiple portfolios and perform various trades in the virtual environment.
Pros and Cons of Sensibull Options Trading Platform
Pros
Easy to use interface with Dashboard View
Suitable for the beginner as well as an advanced user
Enter the detail and get detail about recommended strategies
Option to use Real as well as the virtual trading platform
Education and Learning resources available
Useful features like Option Analyzer, Futures Conversion, Event Calendar, etc.
Options Trading data analysis on Whatsapp
Cons
Risk reward needs to be done by the trader.
Filtering strategies is difficult for the beginner.
Paid platform
Conclusion
Sensibull is a very good platform for options and trading. The best part is it shows recommended options strategies along with possible profit and loss based on market conditions. The virtual trading platform gives you the comfort of doing net practice before doing actual trade.
In short, if you are a seasoned trader or beginner and want to save time in doing complex analysis and research of finding a correct strategy for the trade you should make use of Sensibull.
Zerodha Vs Angle Broking – Zerodha is a leading discount broker in India. It is one of the most trusted and popular stockbrokers. Zerodha offers trading with a flat brokerage fee. I recently opened an account in Zerodha. Zerodha offers the facility to invest in equity & direct mutual funds. As per me, Zerodha is a reliable discount stock broker in India.
On the other hand, Angel broking is a leading full-service broker in India that also offers a flat fee per trade. Angle broking provides a wide range of investment trading and commodity broking services.
Let’s compare Zerodha Vs Angle Broking side by side to know which one is the best stock broker Zerodha or Angle Broking.
Zerodha Stock Broker – Review
Zerodha is a pioneer in the discount stockbroking concept. Zerodha is very good for traders and investors looking at high speed, easy interface, and low brokerage fees. Zerodha is famous for its creative, intuitive, and advanced trading platforms.
Zerodha has more than 9 Lakh customers. Zerodha offers free delivery of equity and a flat fee of Rs.20 per order. Zerodha also offers the facility to invest in direct mutual funds. It is the best discount broker for traders.
Brokerage charge is very low and the delivery charge is NIL
Simple and Easy to understand pricing structure
Advanced and user-friendly trading platforms
Facility to purchase direct mutual funds without any commission
Fund transfer is easy and fast
Advance charting facility with historical data
Good customer service with multilingual support
Learning resource is available
Zerodha Charges
Zerodha does not charge any fee for delivery and for intraday delivery trading charges are Rs.20 or 0.01% whichever is lower. The complete fee structure of Zerodha is given below.
Intraday – 40%(2.5x), Carry forward – 100%(1x) of Total margin
Equity Margin Option
Intraday – 40%(2.5x), Carry forward – 100%(1x) of Total margin
Commodity Margin
Intraday – 40%(2.5x), Carry forward – 100%(1x) of Total margin
Currency Future
Intraday – 40%(2.5x), Carry forward – 100%(1x) of Total margin
Currency Option
Intraday – 40%(2.5x), Carry forward – 100%(1x) of Total margin
Zerodha Trading Platforms
Kite
Kite is trading platform offered by Zerodha. Latest version of Kite is 3.0. It is famous for speed, features and technology. You can use this platform on mobile, tablet as well as browsers. I have already given my independent view on Zerodha Kite Trading platform in my earlier post. Kite offer dashboard view including market watch, streaming quote. Ordering from Kite is very easy. You can do it with a swipe of button. It also provides facility of shortcut to perform various operations.
Console
Console is central dashboard for Zerodha account. You can view and track your portfolio containing equity, mutual funds and commodity on console. You can view various reports with drill down facility. You can also get profit and loss statement and tax details on Console. You can also download all reports using this platform.
Coin
Zerodha Coin is direct mutual fund platform. Coin is available on website as well as mobile app. You can buy and sell mutual funds online using this platform without any commission. The detail guide of using Zerodha Coin platform is given here.
Addition to above platform you will also find product such as smallcase – Investment ideas, streak – trading strategies, Sensibull – Option Trading platform, GoldenPi – Platform for bonds and debenture.
Pros
No Delivery Charges
Easy to use and intuitive interface
Training for Begineer available
Flat brokerage and easy to understand pricing structure
Invest in IPO via UPI
Facility to invest in Direct Mutual Funds
Charting and in-depth analysis with historical data
Better customer support with quick resolution
Cons
No advisory facility for the customers
The platform slows down during peak hours
Bank acceptance is limited for NRI account
Angel Broking – Review
Angel Broking is a full-service broker. Angel Broking offers easy to use trading platform. Angel broking is famous for the mobile trading app. It is a very good platform for professional traders.
Angel Broking has more than 5 Lakh customers. Angel Broking has a flat fee per trade and a high margin for intraday trading. Let’s take a look at the features of Angel Broking.
Angel Broking Features
A single demat account for share, mutual funds and bonds
Expert research and stock advisory services available
Simplified Trading Platform
One-click account opening digital process
Knowledge Center facility for learning.
Angel Broking Charges
Angel Broking charges zero brokerage on the delivery & for intraday brokerage charge is Rs.20 per order. The complete fee structure of Angel broking is given below.
Angel Broking Account opening charges – Rs.699
Annual Maintenance Charges – Rs.450 (Free for First Year)
Angel Broking Brokerage Charges
Category
Fees
Equity Delivery
Zero
Equity Intraday Trading
Rs.20 per trade
Equity F&O Trades
Rs.20 per trade
Currency F&O Trades
Rs.20 per trade
Commodity F&O Trades
Rs.20 per trade
Angel Broking Margin
Category
Margin
Equity Delivery
Up to 6x
Equity Intraday Trading
40x
Equity Futures
4x
Equity Options
3x
Currency Futures
Up to 2x
Currency Options
2x
Commodity
3x
Angel Broking Trading Platforms
Angel Broking App
Angel Broking App is smartphone app trading and investment. This app is powered by artificial intelligence. It runs rule based investment engine to get personalized stock recommendation. You can track your portfolio at single place. This app provides easy trading option. You can trade at any time with a click of a button.
Angel BEE
Angle BEE is Mutual fund app by Angel Broking. You can invest in mutual fund using this app effortlessly. In addition to making investment in mutual funds you can view your active SIP, transaction portfolio & equity investment on this app. This app also provides facility of expense tracker.
Angel SpeedPRO
Angel SpeedPRO is trading software that runs on your desktop. You can get single window trading experience along with speed and monitoring facility on this platform. It provides real time streaming rates for instant trading. You can monitor your portfolio as well as invest in mutual funds using SpeedPRO. It is simple and easy to use application.
Pros
All in One demat account
Faster dematerialization process of equity
Operating of multiple family member accounts with a single id
UPI based payments facility offered
Advisory is advance with making use of AI
Cons
The web-based platform is made for the advanced user (Complex)
A lot of messages on stock advice and tips
Less number of platforms compared to Zerodha
Zerodha Vs Angel Broking Comparison
Takeaway
From the above comparison, it is clear that Zerodha is best for traders as it offers a faster trading platform with a flat fee structure.
If you are a professional trader, you should go for Zerodha. If you are an investor you can opt for Angel Broking as it offers attractive brokerage plans and good quality tips.
Which one is best for you Zerodha or Angel Broking?
*Note- All information given above is collected from the stockbroker website as on 15/6/2020. The account opening charges, margin, and other fees, etc can vary from time to time. You are requested to refer to the stockbroker website for the latest information.
Small Business Ideas Low Investment High Profit – I know you want to be your own boss and you are searching for small business ideas with low investment and high-profit margin. Don’t worry here is a list of 50 Small Business Ideas that will help you in making a selection.
Starting up an own business is a dream seen by many but very few can peruse it and become a successful entrepreneur. It is mainly due to lack of capital. Most of the people believe that starting up business means investing a lot of money. However, it’s not true. There are multiple business options that require very low capital. I have compiled a list of 50 Small Business Ideas with low Investment and High profit.
For better understanding, I have divided business ideas in various categories. The categories are –
#1 Unique or Creative business ideas
#2 Best home based business ideas
#3 Best part time business ideas
#4 Best low-cost business ideas
#5 Best online business ideas
#6 Best Profitable business ideas
#7 Big Investment business ideas
#8 Retail Business Ideas
#9 Manufacturing Business Ideas
#10 Renting Business Ideas
50 Small Business Ideas Low Investment & High Profit
#1 Unique or Creative business ideas
Digital Consultancy
The first unique or creative business idea is starting own digital consultancy. Digital Consultancy is a new concept where you need to give consultancy and guidance about digital-related projects. There are many small and medium business units looking for a digital consultant. If you have knowledge about upcoming digital technology and IoT you can open a digital consultancy.
Smart Home Appliances
Manufacturing or supplying of smart home appliances is the next creative business idea in the list. In this business, you need to manufacture smart home appliances such as Smart TV, Smart Refrigerator, Oven, Smart Stove, Connected wall clock, Smart Air Conditioner etc. You can even do trading of these appliances.
Diet Food Making
People are becoming health conscious and they are ready to spend money on diet food. The unique business idea associated with diet food is preparing and selling diet food. Few examples of diet food are ketogenic food, calorie controlled snack etc. You have to be good at making such food. You can also think of employing a cook.
Vertical Gardening
Vertical Gardening is a very popular concept. In vertical gardening plants and flowers are grown vertically on the wall using a unique suspension system. Many small and medium companies including individuals prefer vertical gardening. If you have an inclination towards farming you can start this business.
Opening Children Play or adventure area is next in the list of creative business ideas. Children Play area is a place where children enjoy various games and amenities. This business requires a lot of investment and manpower. Profit margin associated with this business is also high.
#2 Best home based business ideas
Tuition Class
Opening Tuition class is first in the list of best home based business ideas. It is a low-cost investment which can be started easily. This business idea demands good teaching skills and knowledge about the subject.
Home Chocolate Business
Home Chocolate Business is next in the list of best home based business ideas. In this business, you need to make chocolates. You can sell these chocolates at small grocery shops or big shopping malls. At the initial stage, you need to work hard to establish this business.
Tiffin Services
Starting tiffin services is a very viable home based business idea. Everyone needs food if you are good at cooking tasty food at a reasonable price you can start this business. You will need a good cook and person for delivering tiffin.
Foreign Language Classes
Learning a foreign language such as French, English, Spanish is the latest trend. Students and working professional both opt for learning a foreign language. If you are an expert in a foreign language or hire an expert in this area you can start your own foreign language classes from home.
MLM – Network Marketing
MLM or Network Marketing is one of the best home based business ideas. In this business, you need to sell the product and services of a network marketing company. You can earn a lot of money as a commission.
#3 Best part time business ideas
Insurance Agent
Insurance Agent is best among part time business ideas. In this business, you need to sell insurance policies. You will earn commission on every policy. You should have good communication skill and convincing power to become successful in this business.
Account and Record Keeping
Account and Record Keeping is next in the list of part-time business idea. You have to be finance and accounting expert in order to start this business. You need to keep the business record transaction. You will be responsible for reconciliation.
Wedding Planner Services
Wedding Planner services is next on the list. In this business, you need to involve yourself in planning and arranging a complete wedding ceremony. To start this business, you should have competent staff with planning and execution skills.
Home Cleaning Services
Home Cleaning Services is the next part time business idea. In this business, you need to provide home cleaning services to the client. You require a team of unskilled manpower to run this business. It is a profitable business with less investment.
Real Estate Agent
Becoming a real estate agent is one of the best part-time business. As a real estate agent, you need to help customers in buying, selling or renting properties. You will get a commission on every transaction. It is a low investment, high return business.
Mobile Food Shop is one of the best food-based low-cost business ideas. A Mobile Food Shop is a vehicle equipped to cook and sell food. You can modify an old vehicle and use it as a mobile food shop. You have to serve tasty and healthy food. It is a promising business with a very good profit margin.
Courier Shop
Courier Shop is next in the list of low-cost business ideas. Better shipping cost and timely delivery is a success mantra of this business. You can either start your own courier company or plan to take franchise of reputed company.
Candle Making
Candle making is a low investment business idea. This business can be started from home. You can either buy readymade candle making machine or opt for manual candle making.
Pickle Making
A Pickle making is home based low investment small business idea. This business can be started from home. You just need a skill of making pickle. A good packaging, advertisement, and marketing are key in order to succeed in this business.
Home Repair Services
Home Repair Services is next in the list of small business ideas. Every home demands repair such as electrical, civil, plumbing etc. If you are from construction line you can start Home repair service business.
#5 Best online business ideas
Blogging
Blogging is one of the best online business ideas. Blogging means sharing useful content online on website at regular interval. You need to purchase domain name and hosting space. You can make money by placing advertisement on your blog.
YouTube Channel
Opening YouTube Channel is next in the list of best online business ideas. You can earn lot of money by YouTube Advertising. In this business, you need to make unique videos and upload it. Once your channel gains popularity you can apply for YouTube Channel program.
Affiliate Marketing
Affiliate marketing is one of the most promising online business ideas. In this business, you need to promote other business and products. You can use social marketing platform or website for this.
Product Selling on Social Media
Another online business idea is product selling on social media. If you have unused products you can open your own store on social networking sites. Facebook provides facility to create groups. A likeminded people can become group member and start selling products.
Stock Market Trading
Stock market trading is one of the most profitable online business ideas. This business requires moderate capital. This business also demands knowledge and expertise of stock market.
#6 Best Profitable business ideas
Restaurant
Opening new restaurant is one of the best profitable business ideas. This business idea requires lot of investment. You also require competent chef and team of people to run restaurant business. You need to serve healthy and tasty food in low price to get quick success in restaurant business.
Health Club
Health Club is next in the list of profitable business ideas. People have become health conscious and they prefer exercising in the health club. In order to open health club you require suitable place and equipment such as treadmill, weight pulling machine, dumbbells etc. You will also need competent gym instructor.
Readymade Namkeen Shop
Readymade Namkeen Shop is one of the best profitable business ideas. In this business, you need to sell readymade namkeen. Most of the people in city opt for readymade food items for household usage. This makes readymade namkeen shop lucrative business option.
IT Hardware Shop
IT Hardware shop is business idea for the people related to IT background. Every small or big organization requires IT setup. If you have expertise you can start IT hardware shop. At initial stage you need to place lot of efforts to start this business. It is profitable business option at long run.
Travel Agency
Travel Agency is next business in the list. People across globe are fond of travelling and they are ready to spend extra money on travel. If you have geographical knowledge and able to establish relation with hotels for stay arrangement you can start this business. This business can be started online as well as offline.
#7 Big Investment business ideas
Textile Units
Textile unit is big business idea with lot of investment. In this business you need to procure raw fabric and convert it into finish cloth. You require big space for installation of textile machinery. This business also requires skill and unskilled labours. It is recommended to do market survey before starting this business.
Rice Mills
Rice Mill produces an edible white rice by removing husk and bran layers. Rice Mill requires big machinery and space. You will also require FSA license and other permission to start this business. It is a big investment idea with good profit margin.
Manufacturing Fabrication Plant
A manufacturing fabrication plant is facility that does welding, machining and produces metallic finish goods. It is big investment business which requires skilled manpower and lot of machinery. If you are from mechanical background with lot of money you can start this business.
Petrol Pump
Petrol Pump is high investment business idea. In order to start petrol pump you require sufficient land in the prominent location. You need to apply for petrol pump license. Once you get approval you need to establish petrol and oil bunker as per company specification. You also require labor and machinery to start petrol pump.
Imported Furniture Shop
Imported furniture shop is one of the most lucrative business idea. This business demands lot of investment. In this business, you need to import furniture from China, UAE, USA and other countries. High net worth people opt for imported furniture.
#8 Retail Business Ideas
Grocery Shop
Grocery Shop is one of the best small business idea. It is one of the easiest and lucrative business idea. You require small shop. You can even think of taking shop on rent. You will need local municipality clearance license and GST number to start grocery shop.
Ice Cream Shop
Ice Cream shop is next in the retail business ideas. You can start this business in two ways. You can either take franchise of ice cream company or you can manufacture own ice cream. This business requires FSSAI license in addition to shop establishment license.
Stationary Shop
Stationary Shop is small retail business idea. You require small rented shop to start this business. It is recommended to start this business nearby school or business location. It is volume business and you may need to face lot of competition in this business.
Cosmetic Store
Cosmetic Store is next in the list of retail business ideas. A use of cosmetic is growing. If you are women and looking for business opportunity you should think of opening cosmetic store.
Xerox Shop
A Xerox shop with associated products like bookbinding, lamination and small stationary items is very good retail business option in India. This business can be started with low investment. It is recommended to start this business nearby school, college or office area.
#9 Manufacturing Business Ideas
Soap & Detergent Manufacturing
Soap & Detergent Manufacturing is first in the list of manufacturing business ideas. Soap and Detergent manufacturing can be started from home or from office/factory location. Before starting this business it is recommended to survey the market. You may need to spend lot of money for marketing this product.
Honey Making
Honey Making is next manufacturing business idea. Honey is used as medicine and food ingredients. Honey processing can be started using machine or by manual method. This business can be started even from home.
Manufacturing of Toys
Toy manufacturing is one of the big and evergreen business. This business require lot of investment. Firstly you need to decide prototype of toy and raw material required. You can hire competent manpower to help you in starting this business. Success rate of this business is high.
Manufacturing of Plastic Bottles
Plastic bottles are widely used for packaging various items. The demand of this product is very high. If you have knowledge about plastic bottle manufacturing you can start this business. You require big space and machinery to start this business.
Fertilizer Making
Fertilizer manufacturing is evergreen business idea. Fertilizer making can be started at smaller scale or at big scale. You need to be aware about natural process of making fertilizer. This business require moderate investment.
#10 Renting Business Ideas
ATM Space Rental
ATM space renting is one of the most profitable business. If you have lot of real estate space in the different part of country you can start this business. Banks are always looking for prominent space for opening ATM. This makes ATM space rental lucrative business option.
Car Rental
Giving car on rent is next in the list of rental business ideas. People prefer to avail car for long distance travel. They opt for normal as well as luxury car. If you have capital you can start this business.
Decorator
Decorator provide decorative items for marriage and parties. This items includes chair, stage, decorative material etc. This type of items always remains in demand. If you have surplus money you can start this business.
Heavy Machinery Rental
Big and small construction companies usually opt for heavy machinery on rental. Thus heavy machinery rental is next rental business. Heavy machine include construction material such as crane, hydra, moving equipment etc. This business demand lot of investment.
Fancy Dress Rental
Fancy dress rental is one of the most promising Small business ideas. In this business, you need to rent fancy dress. School, Colleges and other drama company are always looking for good supplier of fancy dresses. You can start own fancy dress renting business and earn lot of money. Make sure to select business location carefully.
