visit any small business unit and make a detailed report of the characters of the small business unit
Answers
Explanation:
1. Meal Services
Venturing into the food industry has been profitable for ages. Statistics show that food businesses enjoy gross margins of 50 percent or above.
And Tiffin services are in high-demand due to various factors including lack of service providers, poor quality food by current suppliers and lack of variety in taste.
Tiffin startups like FoodAbhi, iTiffin and some more had raised fundings in the past. The unorganized food industry in India stands at $360 billion holding a lot of opportunities.
And the most important thing is that it is one of the leading small business ideas from home. You can just avail the business opportunity by buying the kitchen equipment, a bicycle for delivery, and raw materials for cooking.
Meal services to corporates can be a good small business idea in India for women. As employees migrate from various cities and crave for home cook healthy and tasty food.
Minimum Investment – ₹50,000 initially
Space Required – Home-based to start off
Location Preference – Near student hostels, corporate apartments and offices.
Marketing Requirement – Traditional including Word of Mouth, Door to Door, Hoarding, Flyers & Posters.