A small business is an endeavour wherein the business owner generates income by selling his own product or service on a regular basis or selling small amounts of product. A small store can be anything from a fancy store selling tailored clothes to a restaurant. The term often used for the same is a microentrepreneur or entrepreneur. This article discusses some of the best small-scale business opportunities in South India :
- South Indian food joint
A food joint is a small business that has a food-related product or service. It can be anything that sells indigenous south Indian style food prepared by the best chefs and cooks. A lot of people have started their own food joints because they have found it extremely difficult to get good quality food at affordable prices in the city. It is also an excellent way to make money as you do not have to pay rent or any other expenses for your space if you sell the food online and cook from home.
- Rice mill
You may not be aware of this but rice mills are a very popular choice among small-scale entrepreneurs in south India due to the fact that they are easy to manage, inexpensive and offer good returns on investment (ROI). In fact, there are many rice mills that have been around for many years and continue making profits year after year!
It is not an easy task to own a rice mill, but if you have some experience in this field, then this could be a good way for you to earn some money without having to spend too much time or money on it.
- Open a Turmeric Processing Unit
Turmeric is a spice that has been used for ages, but it has only recently become a popular ingredient in the Western world. Turmeric has many uses, but one of its most common uses is as a colouring agent. Turmeric contains an active compound called curcumin which has been shown to have anti-inflammatory properties. This can be beneficial to people who suffer from arthritis or other joint pain.
If you want to get involved in this industry, start by looking into the price of turmeric on the market and then find out how much labour costs are associated with processing it. You may also want to consider whether or not there are any other companies that sell turmeric at a lower cost than yours or if there are any other ways you can reduce your costs.
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- Open a Tea Processing Unit
Due to the popularity of plantation farming in south India and especially in Tamil Nadu, a tea processing unit could be the best business in TamilNadu. If you have a passion for tea, then why not start your own tea processing unit? You will be able to make your own tea blends process tea leaves into tea bags, and sell them at the local market. You can also sell tea in bulk which is much better than selling it in small quantities to customers at a lower price.
This is a low-risk business that offers good returns on investment with little initial investment. If you are looking for fun small-scale businesses in South India, this may be the right business for you.