The most authentic and detailed book containing 21st century's most profitable businesses. The writer has collected important data from many research reports renowned all over the world. In today's context the given businesses have tremendous future prospects. An entrepreneur with a petty amount of Rs. 50,000 can start any of businesses given in the present book A must for all entrepreneurs, students, housewives, unemployed youth, libraries, consultants, schools, universities, education institutes, industries, information centres etc.
PART - I
Chapter - 1 Daycare Center
Chapter - 2 Playgym
Chapter - 3 Supplementary Education and Coaching
Chapter - 4 Book Packager
Chapter - 5 Desktop Publisher
Chapter - 6 Feature Agency
Chapter - 7 Editing
Chapter - 8 Freelance Artist or Illustrator
Chapter - 9 Freelance Writing
Chapter - 10 Proof-Reading
Chapter - 11 Translator
Chapter - 12 Business Broker
Chapter - 13 Career Counsellor
Chapter - 14 Educational Consultancy
Chapter - 15 Vastu Consultancy
Chapter - 16 Fang Sui Consultancy
Chapter - 17 Business Plan Writer
Chapter - 18 Meeting Planner
Chapter - 19 Public Relations Agency
Chapter - 20 Soft Skills Employee Trainer
Chapter - 21 Seminar Producer
Chapter - 22 Computer Consultant
Chapter - 23 Computer Trainer
Chapter - 24 Database Consultant
Chapter - 25 Internet Marketing Consultant
Chapter - 26 System Integrator
Chapter - 27 Web Services
Chapter - 28 Medical Transcriptionist
Chapter - 29 Personal Coach
Chapter - 30 Personal Trainer
Chapter - 31 Beauty Salon Provider
Chapter - 32 Financial Planner
Chapter - 33 Personal Image Consultant
Chapter - 34 Family and Business Mediation
Chapter - 35 Wedding Consultant
Chapter - 36 Real Estate Agent
Chapter - 37 Relocation Consultant
Chapter - 38 Direct Sales Operator
Chapter - 39 Telemarketer
Chapter - 40 Party Planner
Chapter - 41 Videographer
Chapter - 42 Model Co-ordination
Chapter - 43 Reiki Master
Chapter - 44 Placement Agency
Chapter - 45 Computer Horoscope Centre
Chapter - 46 Private Detective Agency
Chapter - 47 Security Supplier
Chapter - 48 Transparency Supplier
Chapter - 49 Classified Advt. Booking Centre
Chapter - 50 Marriage Consultant
Chapter - 51 Survey Organiser
Chapter - 52 Businessman and HandwritingAnalysis
PART - II
Chapter - 1 The Country Boy’s Opportunities
Chapter - 2 Choosing A Vocation
Chapter - 3 Prospects Ruined by Parent’s Choice of Career
Chapter - 4 Sensitiveness and Success
Chapter - 5 Hindering Peculiarities
Chapter - 6 The Power of Decision
Chapter - 7 The value of Business Training
Chapter - 8 Promotion from Exceptional Work
Chapter - 9 Born to Conquer
Chapter - 10 Getting to the Point
Chapter - 11 Misers of Time
Chapter - 12 Salesmanship
Chapter - 13 Shall I go into Business for Myself?
Chapter - 14 Starting on Borrowed Capital
Chapter - 15 Tact
Chapter - 16 The Art of Winning People’s Confidence
Chapter - 17 The Art of Advertising
Chapter - 18 Keeping up with the Times
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Daycare Centre
A
daycare centre provides child care during the day, primarily for children of
working parents.
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Start-up
cost is Rs. 10,000 or more, depending upon your pocket, also
on facilities
and staff you are willing to afford.
-
Potential first-year earnings : Rs. 50,000 to Rs. 5,00,000 or more
depending upon the locality, type of clientele and number of children.
-
Future growth potential : high.
As more women are
entering the work force and two-income families have become the norm, the
dilemma of what to do with children during the days is growing more acute. The
other reason is the phenomenon of joint family is breaking due to differences
among the members of the family and other many reasons. Hence, for these
parents, daycare is the only acceptable care alternative. Daycare operations in
most parts of the country have great business. Demand simply outstrips supply.
Some children are signed up months before they are born. In fact, this scenario
is with those daycare centres, which have very good facilities to provide, and
the charges are bit reasonable. In western countries such centres are very much
successful and hence, have become a great business.
Many observers
claim anyone who does not make a comfortable living from daycare suffers from a
lack of business sense. Recently it has come to light that a lot of elementary
school teachers are really dissatisfied with their jobs due to many reasons and
think they can just open a daycare centre of their own.
As such it is not
true that only teachers can start the majority of daycare centres, many others
team with partners who have some business expertise and reap large profits.
For women
entrepreneurs daycare centre is better than other business as it assumes a
family flavour. There are many cases where even the grandparents and other
members prove very much helping, thus enable in helping in cutting the costs.
Also with seed money of Rs. 10,000 to Rs. 50,000 one can rent and renovate a
house to accommodate 50 or more children.
Parents of
infants scurry of find facilities, and one can charge more for little ones than
for their older siblings as infants suffer higher health risks, and one needs a
greater staff-to-child ratio to care for non-toilet-trained babies. If one can
provide transportation facility, it is a big enticement for many parents. But it
an expensive affair. One has to manage the costs in such cases. Also serving
lunch will be worth the extra personnel and insurance costs in running a
kitchen.
Where both the
parents are working, they like that a daycare centre should provide more
facilities than tuition only. If your offerings range from music, dancing, and
karate instruction, to diving lessons in the centre’s indoor-outdoor pool,
parents will love to pay for these ancillary services.
There are some
daycare centres, which accept kids, aged 6 weeks to 12 years, they increase
revenue by staying open late for parents who work night shifts.
Some operations
which have not enough gymnasiums, hospitals, and other required centres and thus
manage to provide needed facilities. For sure profits an entrepreneur should
select the ideal location for this business where enough clientele can be
expected. When your budget does not allow for it start it where you can run it
from, but once it clicks, try to shift it to the right place, but make sure that
you do not lose a single client.
In daycare,
bigger often means better—or atleast more profitable. If you cater masses of
children either in one location or in separate centres, you can buy bulk
quantities of everything from apples to cleaning services. When you have enough
profits you need—and can afford—tools like computers for book-keeping. Thus
you can make a well-organised and nicely established daycare centre.
Daycare centres
have big possibilities in the future. But the only thing required is that one
should not stay with it taking it only a part-time work. Once it clicks, make it
full time business and keep on adding good facilities so that your competitors
may not hurt your business.
Playgym
A
playgym combines play, exercises, and learning with physical activities designed
to help young children stay in shape and be more stimulated and aware of the
world around them.
-
Start-up cost as low as Rs. 50,000.
-
Potential first-year earnings : Rs.1 lac or more.
-
Breakeven time from initial investment : six months to several years.
-
Excellent home-based business.
-
Future growth potential : very high.
Playful Parenting
is part of a new phenomenon of business that offer improved physical fitness for
young children aged 6-weeks to 6 years.
These new
programs start with massaging activities for children as young as 6-week.
Parents today are
worried about their children’s fitness and they spend too much time in front
of books, TV, and such like.
As ideal play gym
emphasizes social and cognitive skills along with physical ones. Among some
fitness programs parents are equal participants.
The aim behind
such programs is to strengthen the parent-child relationship. Some fitness
programs lay the foundation for physical education with cooperative sports and
games—for instance, two children hold a ball between their tummies in a relay
race. They have to learn sharing and working together to make the game work.
Likewise there
are many such programs that help in the proper development of the young
children.
Start-up costs of
Physical Parenting centres depend on the type of facility. One can buy play
equipment and other things as per his/her budget. You may spend money on
equipment ranging from a ceiling mechanism to lower swings and rings to a
custom-designed, crawl-through castle. Keep in mind that above all, the
exercises have to be safe and fun.
One can charge
reasonably for the services given. Operators of less expensive programs agree
that the better educated parents are more likely to get entrolled their kids.
Not only businessmen, but executive class takes more interest in these centres.
Like other
business this business also requires advertisement. But the good thing is that
most of the educated parents know that play gym is better than taking the kids
to the park.
Those who cannot
afford to advertise their centres should concentrate on publicity. Befriend same
local reporters and tell them about your programs. Publicity through articles is
free advertising. And it pays a lot.
You can also
contact the daycare centres in your area and make a contract with them. Such
centres may take interest in your programs for they will get a few extra bucks,
additionally from the desiring parents.
For entrepreneurs
who really think big the American company Gymboree is an ideal example. The
company generated $ 10 million though 350 franchise centres. In addition to
exercise classes, Gymboree keeps the fun—and revenues—rolling with such
extras as videos, books, dolls, clothing, and toys. But before you think big
time, you must build a name—and an income—with your gym. Make sure you staff
accordingly and provide the best services.
Feature Agency
A feature
agency provides articles, features, photographers etc. to various
publishing
houses, especially magazines or newspapers.
-
Start-up cost as low as Rs. 50,000.
-
Potential first-year earnings : Rs. 2-3 lacs.
-
Breakeven time from initial investment : rapid
-
Excellent home-based business
-
No staff is required.
Anybody who has
interest in writing or reading can start his or her own feature agency business.
To start a feature agency one needs a computer and a telephone connection. For
better start you will also need Internet connection, fax machine and a good
library. Also you will have to subscribe some good magazines and newspapers
regularly.
A feature agency
is an evergreen business. Almost all newspapers and magazines require articles
to fill up their pages. Current informations and features on special subject are
always in demand.
Most of the
feature agencies buy articles, stories and features from various writers on
contract basis. They further sell the articles to the newspapers and magazines
and then pay to the writer, saving their part. As such, the feature agencies pay
very nominal to their authors and earn a good profit. To establish a good
feature agency you will have to work hard in beginning for developing good links
with the editors of the magazines and newspapers. Most of the magazine houses
prefer to have features or articles in computer floppy as that way they need not
get it composed and quickly utilize them.
A feature agency
business is possible only in big towns, especially metro cities like Delhi,
Mumbai, Chennai and Kolkata.
Editing
An
editor is the person who selects scripts, assesses them and gives the final
touch
to a fully proof-read script so that it could go to the press.
-
Start-up cost as low as Rs. 50,000.
-
Potential first-your earnings : Rs. 3-5 lacs.
-
Breakeven time from the initial investment : rapid.
-
No staff is required.
-
Excellent home-based business.
An editor plays
the key role in print media as well as electronic media. Most of the big
companies do have editors duly appointed in their staff. As such an editor sits
on the second highest position in a company or business organization that deals
in publishing, advertising, and electronic media. If you are an experienced hand
and you do not want to work as an employee you have good prospects while working
as a freelance editor.
In print media or
so, an editor’s job is to first of all assess the matter in hand whether the
same is worth publishing or to be used in any manner. An editor has full
authority to reject a poorly written or absurd matter. Once the editor selects
the matter he or she can further send it to his or her subordinates to correct
it further. After the subordinates complete their jobs the role of editor is to
delete or add the necessary things. He or she can reject the matter at any
stage.
A good editor
should have good command over the language he or she is doing the jobs in, also
he should be well conversant with all minute things. Like, in print media, a
good editor should be a good proof reader too.
Even in
electronic media an editor plays the key role. An editor finalizes the scripts,
edits the scripts on computer screen, later on when an advertisement film or a
commercial film or documentary is prepared he or she can delete the unnecessary
part and joins the effective parts so that it become worth releasing in the
market. Those who work for electronic media, earn very handsome.
There are many
renowned institutes, which provide effective courses in video editing. Though it
is purely your creative mind and knowledge it is good to go for a course to
learn the basics of video editing.
Once you are
through with all the basics of editing, go for a little experience and later on
start it as a business. Undoubtedly you have very good future prospects.
Proof-Reading
A
proof-reader reads proofs of various write-ups, reports etc. and tallies the
same with the original manuscript or write-ups.
-
Start-up cost almost
nill.
-
Potential first-year earnings : Rs. 1 lac.
-
Excellent home-based business.
-
No staff is required.
A proof-reader
reads proofs that are, computer print-outs and tallies the same with the
original manuscript provided by the writers. In publishing world as well as in
other fields there are good possibilities for good proof readers. The essential
requirement for a proof-reader is his good knowledge of the language he or she
has to read the proofs.
A proof-reader
should be well versed with all the proof-reading signs as well as he or she
should have good knowledge of grammar in regard to the particular language he or
she reads the proofs.
Most of the
publishing houses, magazine houses and feature agencies distribute work of
proof-reading to free-lance proof-readers. Generally, a proof-reader charges per
page rate, which varies, from Rs. 5 to Rs. 50 or more. Proof readers do get the
jobs in bulk from publishing houses. No any additions or deletions in the proofs
are expected from the end of a proof-reader. He or she only reads and tallies
what is there in the original manuscript. Now-a-days some publishing houses
prefer proof-readers who can read the proofs directly on computer screen, in
order to accelerate the production. Mostly, a proof-reader has to read proof two
or three times so that no further error is left in the matter. Rest of the job
is to be done by the editorial team.
One can do this
business on part-time basis. Even the housewives, who have plenty of time at
home, can do this job to add to their family income. Undoubtedly, prospects are
very good in this field. In case your publisher demands that you should do
required sub-editing of the proofs, you can ask for additional payment to be
made.
Translator
A
translator translates books, reports, research materials etc. from one language
to other language. For examples, from English to Hindi or Hindi to English or
French to Hindi or vice versa.
-
Start-up cost as low as Rs. 50,000.
-
Potential first-year earnings : Rs. 2 lacs.
-
Breakeven time from initial investment : rapid.
-
Excellent home-based business.
-
No staff is required.
Translators are
always in demand now-a-days. Be it publishing industry or live media. You may
see many programme which were originally in English have been dubbed in
different local languages. Tamil or Telugu films dubbed in Hindi or English and
likewise.
Discovery Channel
and National Geographic Channel always look for good translators who can
translate English scripts in Hindi and other local languages. Also in the
publishing industry most English books have been translated in local languages,
especially in Hindi being it the most popular language in our country. If you
have a translation agency you can earn handsome amount every month. There is lot
of work to do. The only requirement for becoming a good translator is knowledge
of two or more languages. Even if you know Hindi and English only, you can earn
a good living by working on part-time basis for various publishing houses,
magazines and electronic media. As such no staff is needed in the beginning. If
your office is equipped with a telephone set and a personal computer, you can
earn more than Rs. 10,000 per month.
Educational Consultancy
An
educational consultant provides consultancy to the desiring customers, basically
students, for better career selection.
-
Start-up cost as low as Rs. 50,000.
-
Potential first-year earnings : Rs. 2.5 lacs.
-
Breakeven time from initial investment : rapid.
-
No staff is required.
-
Ideal home-based business.
Parents do not
have sufficient time to spare with their children, as they have to work hard to
meet the day-to-day requirements in the family. In that scenario, some children
fail to develop confidence, also they are not sure of a particular career they
should enter. This is with most of natives of metro cities. Thus educational
consultancy has become very good business. An educational consultant is a person
trained in human behaviour or psychology, also various good fields where there
is bright future. Educational consultants charge on hour basis or in lump sum.
An educational
consultant studies the behaviour, taste and background of the customers and
subsequently advises which field of education would suit them. It is not
necessary that son of a medico would certainly go in the same field. He or she
may have different liking. If at all a person is forced or persuaded somehow to
adopt a field which he or she does not like or it does not suit to his or her
personality, the result will be very discouraging. I know many persons who
wanted to become a doctor but became a lawyer and now they are just nowhere.
Due to such
shocking results parents do understand the seriousness of proper guidance when
their child’s career is on stake. They do not want to take a chance. They rush
to an education consultant and with his or her help decide the career of their
son or daughter. Hence educational consultants have big future prospects. They
can earn very handsome amount in this pious business.
Vastu Consultancy
Vastu
consultants provide office plans, house plans and other building plans.
They also tell the interested customers how they should place various
articles in the building they use for office purpose or for living there. Vastu
is an ancient art, which has been practised in our country, now in abroad too
for family happiness and prosperity.
-
Start-up cost as low as Rs. 50,000.
-
Potential first-year earnings : Rs. 2.5 lacs.
-
Breakeven time from initial investment : very rapid.
-
Excellent home-based business.
-
No staff is required.
Now in India
Vastu consultants are in big demand as day by day tension is growing among
people. Today everybody is after money and hence no peace of mind. To become a
Vastu consultant one has to learn this science deeply. There are many
professional institutes in our country that provide good education in this
field. Vastu is a well practised and proved science. There are many factors that
destroys our peace of mind. As we believe in the Almighty we do believe in the
position of stars and other heavenly forces. A Vastu consultant provides
accurate knowledge how one can achieve peace of mind and prosperity by simple
giving right position to different articles like furniture, window, door etc.
There are plenty of books available in the market which one can study thoroughly
and utilize the same for positive gains.
A Vastu
consultant can earn very handsome amount if he performs his work seriously. To
increase the number of customers, a professional Vastu consultant should go for
free publicity. He or she can send articles on Vastu in various dailies, which
in turn can fetch a good clientele to him.
A good Vastu
consultant can earn even more than one lac rupees per month. An average Vastu
consultant can earn at least Rs. 10,000 per month easily. The only thing
required is an office in a good locality, that too in a plush colony. People
from low-income group, even middle-income group hardly dare consulting a Vastu
consultant but those who belong to upper middle class or rich class they
frequently go for such consultancy. And they pay a good visiting fee to a Vastu
consultant.
Nowadays in India
as well as abroad there is a big scope for a Vastu consultant.
Meeting Planner
A
meeting planner arranges meetings for companies,
associations, and other big organizations, handling everything from
reserving hotel rooms to picking out dinner menus and entertainment.
-
Start-up cost as low as Rs. 50,000.
-
Potential first-year earnings : Rs. 5 lacs to Rs. 10 lacs.
-
Breakeven time from initial investment : rapid.
-
Excellent home-based business.
-
No staffing needed.
Everything that a
meeting planner does, depends on the clients’ needs and your own specialties.
Hereunder we are giving a sampling from a much longer laundry list of
meeting-planner functions compiled by a famous company:
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Establish meeting design and objectives.
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Select and negotiate with site and facilities.
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Budget.
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Manage exhibits.
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Manage food and brokerage.
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Establish registration procedures.
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Plan and program.
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Handle housing and transportation.
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Select speakers.
-
Schedule promotion and publicity.
-
Produce and print meeting materials.
You can very well
plan everything from educational seminars for 1000 to a 25-member board meeting
to an international junket for a franchise group. Sometimes you will have to do
everything including program design, or sometimes just site selection. On most
of the occasions a meeting planner is paid by the clients to manage an event but
sometimes a meeting planner puts his/her own capital.
Some planners
specialize in particular functions, such as registration or publicity, while
others concentrate on specific industries or a particular area. Those planners
who work for just one particular industry usually branch out over time a contact
in one field recommends them to a colleague in another area. If you are able to
manage three large meetings every year, you have got a good living wage.
Looking for clients
You can hunt for
clients either through others in the industry or directly through your own
clients. Most planners are one-to-five-person firms and often subcontract when
they are overloaded or a job requires some special skills. So, it will be better
for you if you let your competitors and in-house meeting planners know your
areas of expertise. Also talk with convention and hotel managers and ask for
referrals.
Once you have
good track record, you will probably want the income that comes from developing
your own major accounts. Telemarketing and direct mail set the stage for
in-person interviews, followed by formal proposal. You can call on groups that
mount their own meetings and try to interest them in farming out duties.
Once you and your
client remain interested in each other, next comes the formal proposal.
Some planners
take commissions from hotels, airlines, and ground transport, which allows them
to hold down their own fees to the client. Other planners take fees directly
from the clients.
Increasingly, big
business and professional societies are turning to outside professional meeting
planners, which creates a lot of opportunities for you to hang your own shingle.
In this business
opportunities are bright, hence you can try your luck without any problem.
Seminar Producer
A
seminar producer often hosts, and arranges seminars for clients, corporations,
associations, businesses, and others.
-
Start-up cost as low as Rs. 50,000.
-
Potential first year earnings : Rs. 5 lacs to Rs. 10 lacs.
-
Breakeven time from initial investment : rapid.
-
Ideal home-based business.
-
No staff is required.
The seminar
business can be cutthroat. It offers easy entry. It has a huge and ready market
of students. This business can very profitable. Hence you can enter the
wonderful world of seminars without second thought. Nowadays, the thirst for
knowledge and know-how is enormous and hence the number of seminars is going to
grow.
As seminar
production is a relatively cheap business to get into, there seems no end to the
types of people entering this business.
Overhead for a
seminar producer can be minimal. One needs an office, staff, marketing and the
cost of staging each seminar, including the instructor and renting meeting
facilities. Some producers cut deals with hotels and line up accommodations as
well. In addition to live-instructor courses, technology offers new outlets to
the seminar business.
Seminars often
generate substantial income, and, if you are a consultant or other professional
selling your expertise, they also introduce you to potential clients.
Computer Consultant
A
computer consultant advises his/her clients on computer topics. He/she tells
his/her clients what type of system to buy, how to integrate it into the
business, and what type of hardware and software to buy.
-
Start-up cost as low as Rs. 50,000.
-
Potential first year earnings : Rs. 5,00,000.
-
Breakeven time initial investment : rapid.
-
Ideal home-based business.
-
No staff is required.
Nowadays as
computers are being just accessible to even smaller business houses, there is
big possibility of great business in becoming a computer consultant. Initial
costs are quite low and hence one can easily afford to start this service
oriented business. Business houses also well understand the utilization of
computers in developing their business manifold, that too very accurately.
Everyone, now, sees benefits in owning a computer. As the cost of processing
vast amounts of data falls and the use of computers as a standard tool of
competition rises, most companies latch on to PCs. But, the prevalent problem
is: They often do not know which system they should buy that can serve their
needs. Computer consultant serves two basic functions:
In fact they help
people understand the profit potential on computers.
Overheads Very Low
In case you want
to be a computer consultant you do not build any inventory hence you can start
in expensively. You do not need more sophisticated hardware, but only a personal
computer. As your clients expect you to visit their job sites, a spare bedroom
can provide your office. Your biggest costs will invoke marketing. However, the
Internet can provide you a low-cost marketing opportunity. Keep in mind that you
do not consume your start-up capital with travel expenses.
There are plenty of business houses, corporations and
other units that require the services of a computer consultant to get their
offices fully, computerized. The only thing is that you set up flexible fee
schedules and let your clients know how you can help them in day-to-day
management.
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