Recent Business Trends in South India
As per the recent GDP report of India, The South Indian trio (Kerala- Cochin and Calicut, Tamilnadu- Chennai, Karnataka- Bengaluru) contributes about 33% of the whole GDP sum. This shows that the national business boosting is mainly done by the South. South are the topmost employment makers for India with tremendous migration for both the formal and informal sectors, imposing a heavy pressure on infrastructure and urban development. So its really a very good time and fresh ground for who is thinking to start a new business venture in South Indian cities. As it is, the very blend of the past and the present creates a space that is apt for entrepreneurial business without the stress that is experienced by businesses in the western world.
Without wasting time and much effort, here are a couple of business trends and ideas that an acute entrepreneur would like to get involved in South India.
- Property management firm
Property management is the way by which a third party or a mediator is given the duty of sustaining a residence’s status quo and satisfying its owners. Property managers are, therefore, usually recruited by rental property owners to keep an eye on the daily operations of their real estate assets, and manage with any queries or concerns the occupants may have. In the event the property is free, it’s the property managers duty to see to it the house is rented. As its name implies, property management takes care of every outlook of a rental home, from marketing free space and signing contracts to collecting rent and calling for maintenance.
- Charm Jewellery
Charm Jewelry making is a practical low investment business for hands-on creatives, but crafting skills aren’t mandatory at the same time. Maybe you’re the technical one instead, looking to learn new trade like good metalworking or valuable gemstones. Or, perhaps you’re DIY-talented but have a magnificent online business idea based on a fresh audience. Whatever your skill level, starting a jewelry-making business comes with its own set of preferences and complexities. For one thing, its sure: It’s crazy crowded out there.
- Research Business
A research business delivers consulting services to people who wants to get data about specific topics and concepts. The research consultant collects information from credible sources and produces an analysis summary of his findings. Research consultants can also explain the information for clients.
Steps for shaping up research business
- Shape your market place and discover what type of research services you will provide.
- Sort a list of trust able resources that will provide accurate information related to your specified knowledge.
- Decide how you will provide the findings of your research to clients.
- Promote and publicize your services to potential clients.
- Forming an efficient marketing idea allows you to classify your target markets and understand how to successfully advance your services to ideal clients.
A clothing boutique is generally much compact than a structured clothing retailer, and it creates a more interactive environment. You engage customers who are looking for very particular styles and patterns of clothing with your boutique.
- Determine the type of boutique you want to start.
- Determine the USP of the store– the purpose of your business.
- Decide on the fabrics you will carry and who you will sell it to.
- Decide on the source of investment for the busines
- Look for the location where you can have your store.
- Decide the pricing.
- Determine the store layout.
- Conclude the business legalities.
- Hire employees and make a market plan.
- IT Services
IT services points to the application of business and technical proficiency to shape organizations in the creation, management and optimization or information access and business procedures. The IT services market can be classified by the type of skills that are employed to provide the service.
IT services includes:
- Outsourcing
- Website Design
- Software development
- Mobile Food court chain
A mobile food court business is a rapid way to expand current restaurant sales. While food trucks have simply been related with simple fare like sandwiches, or ice cream, today’s food truck business has explored into more fast food and various options.
- Opting the apt Food Truck or Commercial Vehicle.
- Get the needed equipment and raw materials.
- Apply for licenses and permits required.
- Look for the manpower required.
- Install POS software for your business.
- Decide on the staff uniform for your employees.
- Market your business
- Determine the total investment required to start a food truck business in India
- Other various things required to keep your food truck business in India, stable and steady.
There are many other business options such as private art gallery, automotive industry service hubs and simply pizza cafeterias which are much popular in nature. And CORPROOTS provides expert suggestions and excellent expertise to help you to start your dream venture. So Why are you waiting more? Now step up and go forward to make your first business venture.
