Are you hunting for your dream house? Here are useful tips for House Hunt. Hunting for your dream house is not an easy task. Everyone today aspires to live in a luxurious house at a peaceful location with like-minded people, secure environment, good connectivity and amicable traffic routes are the preference. If you have started house hunt exercise here is 8 useful tips for you.
8 useful tips for House Hunt
Visit the Place –
Never trust on real estate agent or online website blindly. Once you locate the place for living do visit the place. Try to connect to people living there. Try to get information about power –cuts, safety, water problems etc.
Visit at Different Time-
View the property in daylight, but don’t forget to check out the area in the night time. Also, walk down the local streets at different of a day.
Occupancy –
Newly built apartment with a luxurious facility may attract you but, you need to check about how many flats is sold or occupied. Living in a partially lived-in apartment is not a good idea. Security is a major concern and you need not to compromise on security.
Amenities –
Explore that facility available at a house is as per your expectation. Also check for availability of additional infrastructure such as community centers, club house, children play area, swimming pools, gymnasiums, parking lots etc.
Check Affordability –
If you are planning to purchase luxurious flat with additional facilities you need to also check about your affordability. Luxurious flats come with bundle monthly maintenance cost. Check in advance about expected monthly maintenance see if you can afford it.
Note Down –
Try to get all factual information. Note down all these information when you view the house. Memory is short and you may forget it. If you are viewing multiple house, you may get confused.
Make Comparison Chart
Once you are done with house hunting exercise it is advisable to prepare comparison chart. This will help you in making a final decision.
Document Check
Another important point is document check. Hire a good advocate and check for all relevant legal property documents including ownership detail in utility bill and property bill.
I hope this tips will help you in house hunting. All the Best for house hunting!
Sukanya Samriddhi Account is one of the most popular schemes available now a day. Sukanya Samriddhi Account scheme was launched by Honorable Prime Minister Shri Narendra Modi on 22nd January 2015. This scheme is launched as a part of “Beti Bachao – Beti Pdhao” initiative of Government of India.
Sukanya Samriddhi Account offers some major benefits like high-interest rate, tax-free interest and exempted maturity amount. These lucrative benefits surely encourage the middle class man to invest in Sukanya Samriddhi Scheme, however, individual who are planning to invest in theses scheme should also look at some of the drawbacks of this scheme before investing.
Sukanya Samriddhi Account is for long term investor only. Money deposited in this account matures only after 21 years. One needs to deposit money for 14 years under this account. Lock in period for 21 years is very high. If you are looking for short-term investment option you should not invest in this scheme.
2. No Online Facility
Another shortcoming of Sukanya Samriddhi Account is one cannot invest money online. One can invest money only by cheque, cash or DD. The government should think of enabling this account online as a part of Digital India movement.
3. Variable Interest Rates
Sukanya Samriddhi account offers 9.2% highest interest rate for FY2015-16, however, this interest rate is variable. Every year government will decide and declare interest rate. This variable interest rate may not beat inflation rate. Returns can be low compared to market-linked schemes.
4. No Premature Withdrawal
No premature Withdrawal is permissible under Sukanya Samriddhi Account. This makes scheme non-flexible in terms of offering liquidity.
5. Age Limit
The Sukanaya Samriddhi Account can only be opened for girl child up to 10 years of age. However, for FY 2014-15 one year relaxation is provided. This age limit should be at least 15 years.
6. No Loan Facility
This scheme does not offer loan facility. In case a financial position of parents is not good they can not avail loan facility against this account.
7. Account on the name of Girl Child
Sukanaya Samriddhi Account can be opened on the name of girl child only. This account can be operated by girl child only. In case girl child does not remain in control of parents it may create a problem.
Point to Ponder
Prime objective of Sukanya Samriddhi Account is to secure financial future of girl child so that girl child gets money for her marriage and education. One should make investment in this scheme.
The purpose of this post is not to discourage you from making investment in Sukanya Samriddhi Account but to inform you about shortcomings of this scheme. Probably in near future government make changes in Sukanya Samriddhi Scheme and address these shortcomings.
Starting online e-commerce business in India is easy today.You can start this business any time.Don’t worry about office space, store and staff. Everything is available. You can start your own online e-commerce business by following simple steps given below.
How to start online e-commerce business?
Step-1 – Decide what you want to Sell
The first step for starting online e-commerce business is to decide what you want to sell online. Where is your interest? What unique things you can offer to e-commerce market.
Once you answer this question next question is from where you will be sourcing this whether you will be manufacturing these products or you will be purchasing it from somewhere. In case you will be purchasing it from somewhere you need to decide from where?
Step-2 – Sign up with online market place or Make your own ecommerce portal
Once you decide what you want to sell the second step is to either register with an online marketplace like snapdeal, flipkart etc. or build your own e-commerce portal.
Registering with an online marketplace is quick, easy and more convenient. No registration fees applicable. No commission on sale.You can even get an advantage of the popularity of these e-commerce portals. It gives you unlimited access to crores of customers over the globe.
The second option is to start your own e-commerce portal. This option requires the skill set and technical expertise. You may need to hire IT guy to help you out. Not only that, it takes enough time to generate traffic and customer base. It is advisable to start with the first option.
Step-3 – Get Basic Documentation Done
For online e-commerce business, you need to get some basic documentation. This basic documentation includes your VAT (Value Added Tax) number, TIN (Taxpayer Identification Number), CST (Central Service Tax) Number and PAN (Permanent Account Number).
If you register at online marketplace representative from the marketplace will contact you for explaining way ahead.
Step-4 – List your products
Next step is to list your products. Before listing your product carry out independent research to identify seller selling same products and see what they are doing. Make sure your products looks attractive and salable.
In order to list the product, you need to take the photograph of your products. Either higher professional photographer or take help from the consultant from the online marketplace.
Step-5 – Start Selling
Once you are done with listing step, you are ready to sell your product. As we know price plays an important role in getting customers. Don’t price your product too high. Keep eye on customer demands likes and dislikes. If require take help from the expert team of the online marketplace.
You can track your sales, payment, inventory everything online.
Remember guru mantra for success in online e-commerce business is quality, on time delivery and innovation.
So, what are you waiting for start your online e-commerce business now!
Small Scale Business Ideas – n the realm of entrepreneurship, initiating a small-scale business and gradually expanding it over time is often the key to long-term success. If you find yourself contemplating leaving the confines of a 9 to 5 job and are on the lookout for promising small-scale business ideas, you’re in the right place. This article unveils 30 proven and dynamic small-scale business ideas that can not only be a lucrative venture for young and dynamic individuals but also for enterprising housewives. Let’s explore these business opportunities that have the potential to yield substantial profits.
30 Small Scale Business Ideas
Small Scale Business Ideas with Investment up to 50,000 Rs
1. Coaching Class Marvel: Unlocking Potential
Embark on the journey of starting a tuition or coaching class, an evergreen low-cost business idea. Education stands resilient in the face of economic fluctuations, making coaching classes a profitable venture. With a break-even period of just one year and a gross profit margin reaching up to 30%, this endeavor promises both stability and financial success.
2. Culinary Entrepreneurship: Homemade Treasures
Delve into the world of homemade food or tiffin services, an excellent small-scale business idea requiring exceptional culinary skills. Offering home or office delivery services at customer cost, maintaining consistent taste and quality is crucial for business continuity. Anticipate a break-even period of 6 months and a gross profit margin of 20%.
For aspiring women entrepreneurs, a home-based marriage bureau is an ideal small-scale business. Success in this venture hinges on being soft-spoken with a strong social circle. The break-even period for this business is approximately 1 year.
#4 Hobby Centre
Establish a hobby center offering courses like music, drama, dance, and crafts. Initially, start small and expand gradually. A skill set is essential, with a break-even period of 1 year and an expected gross profit margin ranging from 20-30%.
#5 Baby Sitting
In metropolitan areas, capitalize on the demand for babysitting services. The break-even period for this business is a year, with an expected profit margin of 30-40%.
#6 Dressmaking
Enter the realm of dressmaking or tailoring, a home-based business for women. A sewing machine and dressmaking skills are essential. Collaborate with schools or small businesses for orders, expecting a break-even period of 1-2 years and a profit margin of 20-40%.
Explore the unorganized sector of real estate by starting your own agency. Success depends on contacts and detailed property knowledge. Achieve a break-even period of 6 months.
#8 Blogging
Embark on the journey of home-based blogging, requiring technical skills and in-depth knowledge of your chosen topic. The break-even period is 1-3 years, ensuring a gradual but rewarding venture.
#9 Beauty Parlor
Open a beauty parlor, a low-cost business idea for women that can start from home. Complete a proper course before venturing into this business, anticipating a break-even period of 1 year and a gross profit margin of 20-30%.
10. Photography
If photography is your forte, start your own photography business. Invest in a high-quality DSLR camera and begin with a home-based studio. Achieve a break-even period of 6-7 months and a gross profit margin close to 20%.
Small Scale Business Ideas with Investment up to 1 Lac
#11 Stationery Store
Open a stationery store with a modest investment. Ideal locations include areas near schools or businesses with high stationery demand. Break-even within 1-2 years with a gross profit margin of 10-15%.
Establish a provision store in residential areas, a profitable small-scale business idea with a break-even period of 1-2 years and a gross profit margin of 10%.
#13 Courier shop
Embark on the courier business, ideally located in office areas. Secure agency partnerships with major courier companies. Expect a break-even period within the first year.
#14 Seasonal Business
Tap into the festive spirit of India with a seasonal business, specializing in items like firecrackers, kites, and rakhi. A thriving venture with a break-even period to target within the first year.
#15 Game Parlor
Kids adore games, making a game parlor a lucrative venture in residential areas. Include attractions like battery-operated cars and PlayStations. Expect a break-even period of 12 months with a gross profit margin of 10-15%.
#16 Wedding Planner
Unleash your creativity and managerial skills by diving into the world of wedding planning. A small-scale business idea that requires constant effort and a dedicated team for success.
#17 Placement Services
Offer manpower services to large corporations on a commission basis. This business can be initiated with a low investment, relying on building strong client relationships.
#18 Chocolate Making
Delve into the world of chocolate making, a low-cost home-based business for women. Effective marketing and advertisement efforts are crucial for success.
#19 Custom Gift Making
Witness the rising trend of customized gifts by starting your own business. Consider taking this business online for a broader reach, with a break-even period of 1 year.
#20 Online Ad Service Business
If creativity and technical knowledge are your forte, delve into the realm of online ad services. Collaborate with advertisers and publishers, achieving break-even in 3 years with an approximate profit margin of 15%.
Small Scale Business Ideas with Investment up to 5 Lac
#21 Toy Shop
Initiate your own toy shop, ideally located near residential areas. Ensure a unique toy collection for a thriving business with a break-even period of 3 years.
#22 Mobile Shop
Embark on the venture of starting a mobile shop, catering to the frequent mobile phone trends. This business can be a symbol of status, ensuring success in the current market.
#23 Internet Service Provider
If you are tech savvy with good technical knowledge you can start your own internet service provider business. Internet usage in India is growing with jet speed, hence it makes sense to start this business. The break-even period for this business is 3 years.
#24 Food Parlor
Serve delectable food to earn money by starting a food parlor. Select a suitable location and hire a professional chef for success. Expect a break-even period of 3-4 years.
#25 Ice cream and Juice parlor
Launch an ice cream or juice parlor, offering refreshing treats. Secure a suitable rental space and consider partnering with a reputable ice cream company.
#26 Bakery or Dairy
Start your own bakery, offering fresh cakes and biscuits. Distinguish your business by introducing unique items to achieve quick success.
#27 Tour Travel Agency
If exploring new locations is your passion, initiate a tour travel agency. Organize tours for people and earn a good margin, with the potential for substantial profits.
#28 Medical Store
Start a medical store, choosing a strategic location near hospitals or clinics. Remember to obtain the necessary pharmacist license before venturing into this business.
#29 Advertising Agency
Start your own advertising agency, specializing in print media, radio, or public spaces. Create a prototype and work towards success, achieving break-even in 2 years.
#30 Cloth Boutique
Embark on the journey of starting your own cloth boutique, showcasing unique clothing varieties. Invest in marketing to ensure success, with a break-even period of 3 years and an expected profit margin of 15-25%.
In conclusion, these 30 small-scale business ideas offer a diverse range of opportunities for aspiring entrepreneurs. Share your thoughts and ideas to contribute to the growth of this list, and don’t forget to spread the inspiration on social media platforms like Facebook and Twitter! Your business journey begins now, unlocking the doors to a future filled with success and prosperity.
