Question

give examples of small scale industries

Answer 1

. Coaching Class – Starting a tuition or coaching class is an evergreen low-cost business idea. Education is the field where we never see a recession. If you are knowledgeable and result orientated you can earn a lot of money by running coaching class. Break-even period of this business is 1 year and gross profit market is up to 30%.

2. Food Supply – Homemade food or tiffin service is another very good small scale business idea. In order to start this business, you need to be a very good cook. You may offer home delivery or office delivery service at customer cost. You need to maintain consistent taste and quality of food for business continuity. Break-even period for this business is 6 months and gross profit margin is 20%.

3. Marriage Bureau – Marriage Bureau is home based small scale business idea, especially for the woman. You need to be soft spoken with a good social circle in order to be successful in this business. Break-even period for this business is 1 year.

4. Hobby Centre – You can start your own hobby centre where you can offer various courses like Music, Drama, Dance, Craft etc. You can start this center at your home. Initially, you can offer one or two course. You need a skill set to start this center. Break-even period for this business is 1 year. Gross profit margin you can expect is 20-30%.

5. Baby Sitting – In metro cities, we find a lot of working women and they often look for babysitting place where she can keep her children. This is the prime reason for starting a babysitting centre. Break-even period for this business is 1 year and expected profit margin is 30-40%.

6. Dressmaking– Dressmaking or tailoring is another home based small scale business idea for a woman. In order to start this business, you need sewing machine and skill set for making a dress. You can approach school or small business unit for giving you order about dress making. Break-even period for this business is 1-2 year and expected profit margin is 20-40%.

7. Real Estate Agency -Real Estate Agency is the small scale business idea of unorganized sector. You can start this business anytime, however in order to be successful in this business, you require contacts and detail about properties. Break-even period of this business is 6 month.

Answer 2

Brick kiln is an example of small scale industry