Small Scale Business Ideas in Mumbai
Are you interested in the best small scale business ideas in Mumbai? Yes, Mumbai is the most expensive city in India and life for many in Mumbai is a struggle to survive. Jobs are not easy to get as the competition for them is intense.
That’s why you should look beyond the traditional employment opportunities and consider starting a small scale business in Mumbai. There are a number of excellent small business opportunities in Mumbai; you just have to identify the ones that fit in well with your unique talent and skills.
We discuss some of the best the small scale business ideas in Mumbai; see if there are any you like. None of the small business opportunities listed here will require much of an investment. Let’s find out more about them.
[List of Online Business Ideas in India]
Some Business Ideas To Consider
Idea #1: Open an Ayurveda Spa – Ayurveda tourism is a major business in India. There’s a lot of demand for qualified Ayurveda practitioners in the country, especially as Western medicine has been found to be inadequate at dealing with so many health issues that people face. If you have a background in Ayurveda, you should consider starting a small Ayurveda spa. This will require a certain investment to be made, but it’s a very profitable business in the long run. Click here for more information.
Idea #2: Start a Childcare Service – Childcare or babysitting is one of the easiest businesses you can start, especially for women. In Mumbai, there are many households where both parents work and so there’s a lot of demand for quality childcare and babysitting facilities. The only issue with starting a childcare facility is to find a suitable location for it, which in an expensive city like Mumbai, won’t be easy to find.
[Top 5 Alternative Sites like Udemy]
Idea #3: Start a Private Home Care Agency – There are a lot of families in Mumbai with older people. It is difficult for many to look after their aging parents or grandparents, when they have so many other responsibilities. Many older people stay alone while their children are settled abroad. So there is a huge demand for quality home care professionals. Home care agencies connect young home care professionals to the people who require their services and earn a commission for this noble task. Do you think you can start a home care agency? There’s a lot of opportunity for good money to be made in this business.
Idea #4: School and Office Supplies – One of the most profitable business ideas in Mumbai is to set up a stationary shop that supplies school and office supplies in some of the city’s busiest areas. This is a recession proof business as there will always be a huge demand for notebooks, pens, pencils and other stationary items from students and office goers.
Idea #5: Sell Photographs on Stock Photo Sites – If you have a camera and are blessed with excellent photography skills, you can earn good money by taking quality photographs of Mumbai city and its people and selling them on stock photo sites such as Getty Images and ShutterStock.com. There’s a lot of demand in the West for quality, artistic photographs of India and its people, perhaps you will be the one to take advantage of it.
Idea #6: Sell Customized Jewelry – If you come from a jewelry making background or have been trained in jewelry design, you should invest in jewelry-making equipment and create custom-made necklaces, earrings and bracelets and sell them online. There’s a lot of demand for unique pieces of Indian jewelry, both from within India and abroad, and if you are a creative person, there’s a lot of money to be made here.
Idea #7: Start a Financial Advisory Business – People in Mumbai make a lot of money, but don’t have the time to manage their financial assets. If you have extensive training in finance and have worked for many years for financial institutions, you should consider starting a business as a financial advisor. This is a very profitable business; a talented and trustworthy financial advisor will go far in Mumbai.
Idea #8: Start a Fast Food Business – Mumbai has a population of 22 million, which means there will always be a demand for quality food. You only need a small space to start a fast food business. The ingredients can be purchased easily; the menus don’t have to be too complicated. Fast food businesses do well regardless of the state of the economy, as food is the most basic human necessity. There are many enterprising men and women who began with nothing and are today worth hundreds of crores by starting a fast food business in Mumbai.
Hope you liked the small scale business ideas listed here and are inspired by at least some of them.
