Best small business to start in India
Posted: Dec 05, 2014
Women are naturally drawn towards jewelry. They love adorning themselves with newer designs, patters and colorful ornaments suiting the clothes they wear. There is one great advantage with custom made jewelry that employs low cost beads and plastic accessories that they are very economically priced, can be crafted into myriad designs and patterns as per our custom needs; they can be made in any color materials that will suit the dress we wear. These days, a number of accessories and raw materials for making handmade ornaments are available in the market. You just have to know the basics of how to craft them into jewelry and the sense of colors combinations. Once you acquire them, you can make handmade jewelry with the help of your own family people. These days low cost jewelry sells like hot cakes. This could be a one of the small business ideas that anybody can explore.
The shop for selling custom made jewelry can be set up in a small space. It should be conspicuous and neatly arranged with display facilities. You can also include a few other fancy items in the shop. The profit margin in the ladies items is very high and therefore you can hope to make good money out of this venture. Visit some similar shops and see the patterns and colors they prefer. You can also innovate with regard to material usage and include some new materials and try out newer combinations using your creative sense. Innovation always has an added advantage over monotonous imitation. Once you create a brand name for your venture, you can also employ more people, manufacture more number of items and supply to other retail outlets. How fast you grow in this segment depends on how meticulously you plan, how well you make use of the resources available and of course your diligent involvement. After all you are your own boss in this field and you can do wonders if you decide that way.
The best thing about this kind of business is that jewelry in India is always considered a luxury and a huge aspiration for the whole populace. Apart from gifting to somebody on an occasion, it also serves as a preferred item if somebody is visiting or going. More so, regional flavor is also added while making the jewelry items and it add a touch to the new design. There are many new entrepreneurs or young people are joining the bandwagon, and they are brining lots of new and innovative ideas when it comes to introducing new designs and concepts.
Apart from the conventional metal jewelry, people are now open to explore various kinds of other materials which are friendly to the skin. The design may still the throw the style statement but the wearer may not have to get allergies. Overall, somebody can start from a very small investment and check whether he/she is able to break even in the business. Later on, as the money comes, the business may be taken to altogether new heights and even franchise model can be explored.
Author is a freelance writer and having successful experience in writing about business ideas. Currently he is writing about Small Business Ideas and Small Scale Industries for more information about business ideas visit: Smepool.com
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