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Old 18th October 2010, 01:47 AM   #1
alexanderherbt
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Default Suggestions For A Good And Profitable Business To Run In A Small Town?

Hey please help me guys I dont have any idea, the budget of the business should be within 2 lacs. In our town so many small businesses are there like internet cafe, stationary, Book shops etc. Other than these does anyone have other good idea that can be turned into a small business with good revenue?

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Old 18th October 2010, 09:56 AM   #2
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Personal Assistant/Companion.

I met someone who was doing this exact thing. Essentially she was a gopher. Go do this. Go do that. Drop me off here. Pick me up there. Take me to the grocery store, take me to the doctor, blah, blah, blah.

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Old 20th October 2010, 08:34 PM   #3
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I work a bit with businesses in rural areas. Most successful are day cares, but you'll need to be licensed by your state and be prepared to go through the process of getting a fair share of your income from state agencies, since a lot of rural day care is subsidized. Make sure there are some stable employers in the area.

Another highly profitable enterprise I encountered recently was a car recycling operation. The owner bought salvage vehicles through online auction, fixed them up and sold them for cash. Much higher margins than regular car lots and the buyers didn't care if it had a salvage title. They were just happy to have a ride.

Problem with small town business is the small local market. Obvious businesses are already there, so you need to think of something that sells into larger markets or has ridiculously high margins.

Good luck!

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Old 16th October 2012, 03:12 AM   #4
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These days floriculture business is very popular. Also you can go for small restaurants, catering business, courier services, tution center, start education center for construction labour's children etc. But above all daycare business is best.

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Old 16th October 2012, 12:09 PM   #5
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Visit other small towns and see what your town might be missing. (where is the need) How about a carpet repair/ cleaning service.

Actually, I like the idea of front-door and back-door operation. Meaning, you should run the back-door on the Internet, or as a take-out delivery service. etc. (Just in case retail, front-door, goes slack.)



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Old 19th December 2012, 02:55 AM   #6
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It totally depends on your interest.Which kind of business do you prefer?you have so many options like Online shopping,Event managing,property dealer,gift shop online and so on. Think you need a long time to plan a new business idea? Not quite.

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Old 19th December 2012, 08:49 AM   #7
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I always say try to start something that people NEED not what people WANT. I love the daycare business, it always work but as for people like me I am thru with children. So I would recommend something like a neighborhood bakery with a difference like delivery, or a meat shop selling packages and meat that the grocery store doesn't carry or price too high and also offer delivery service. People love when they can depend on you. Good luck!

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Old 19th December 2012, 12:08 PM   #8
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Agree, it would depend on your interests, what you like and your skills. I say do something you LOVE that would not feel like a business. For example, I loved scuba diving, so I built scuba diving websites everywhere I went and dove. 10 years later, I own a marketing company and do so many more things. But it all started with that passion, building the sites and getting some advertising dollars coming in.

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Old 21st May 2013, 11:10 AM   #9
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Quote:
Originally Posted by jasminelane View Post
It totally depends on your interest.Which kind of business do you prefer?you have so many options like Online shopping,Event managing,property dealer,gift shop online and so on. Think you need a long time to plan a new business idea? Not quite.

Agree with this. Start making up with those things that you are comfortable and familiar with and most likely the things that you think you will make the most out of it.

"Business would be greater if you love what you are doing."

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Old 21st May 2013, 01:08 PM   #10
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Quote:
Originally Posted by raydog View Post
I work a bit with businesses in rural areas. Most successful are day cares, but you'll need to be licensed by your state and be prepared to go through the process of getting a fair share of your income from state agencies, since a lot of rural day care is subsidized. Make sure there are some stable employers in the area.

Another highly profitable enterprise I encountered recently was a car recycling operation. The owner bought salvage vehicles through online auction, fixed them up and sold them for cash. Much higher margins than regular car lots and the buyers didn't care if it had a salvage title. They were just happy to have a ride.

Problem with small town business is the small local market. Obvious businesses are already there, so you need to think of something that sells into larger markets or has ridiculously high margins.

Good luck!

I think the key is to use the cheap labor in a small town to produce something that can be sold throughout the country.

For example if you had skilled housewives, you could start a remote personal assistant business in your home. After you started making money you could rent an office or hire people to work out of their homes. Remote personal assistants might be an interesting business venture if you have the right connections.

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