What are some good business ideas which can be started from a tier 2 city in India?

Tier II cities have a good number of young people. In fact there is a huge inflow of students from small towns and villages around the city who come for an education, mostly in graduate degrees in engineering, commerce, etc. You can cater to their needs by identifying some problems they face. Some areas could be grad school admission, developing skills helpful in getting jobs, notes sharing portal, an exchange items site for students, getting them contacts of startups in the city or tier I cities for their internships and jobs, etc. You can then scale it to other tier II cities.

The first thing about starting any business venture is identifying core functionality with which it should operate. After successfully identifying it by doin brain storming, or based on your interest, the business unit should involve people with adequate expertise in that area. Once you establish core functionality and are confident of assembling a team of expertise, you can look at various dimensions like market requirement , capital , business model, venturing. So the idea for the core operation will usually come from the founders. In your case I suggest find an business hole in your area of expertise, and take it from there.

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#business #ideas for #tier 2 #cities in #india : You can explore several franchise business ideas for your city which you can find at http://www.franchisebazar.com and based on your areas of interests and the exact capital investments that you have, you can explore several successful business ideas which are already proven and tested. Once you shortlist a few franchise opportunities you can compare them with your current ideas and then make an informed decision on what could be the best way to your future.

Clearly depends where you live. People living in Andhra/Telangana are most likely to start a tech business as there is an enormous amount of tech talent.People in Rajasthan can start handicraft, tourism or hotel specific businesses.People in Gujrat can do local traditional businesses and if you want a tech play, you can aggregate all the local businesses and provide them a platform.People in Chennai and Mumbai can thrive with entertainment related businesses. Mumbai is great for manufacturing and financial sector businesses too.What I’m trying to tell you is that there are 100s of business ideas and you can start with knowing your own problem and finding a solution for the same and skill mapping is also going to help you a lot (If there’s relevant talent available or not)

Agriculture! Before you think it's a joke, Think again..!! In these days, Price of commodities are increasing day by the day and agriculture in large scale is a very profitable business. ​ ​ I will give you an example. If you plant banana tree on 10 acre land(Considering Land is take for lease) on commercial scale, It can fetch you 12 Lakh ₹ in 10 months. In Kerala there is a large demand for raw bananas in Onam season, for making  Banachips. ​ ​ It would cost the farmer around 160₹ to fully grow a tree including fertilizing, land preparation etc. Market cost of 1kg of raw bananas is around 48-50₹. Each tree will produce at least 8kg of banana. Wholesale price will be around  40₹ per kg which the farmer will be getting. That's 320₹ from a tree, deducting the cost of growing up the tree, farmer will be getting around 160₹ as profit alone from a single tree..!! In 10 acre land, he could plant around 10000 trees, Even if he loss 10% of the trees, Still it's he could make around 14.4Lakh ₹. Considering the Leasing of land would cost around 2.4Lakh₹ It's the profit of 12-Lakh ₹..!!! That's a profit of 1.2Lakh per month..!! It's not just about Banana cultivation, I have seen sucess stories of many farmers who cultivated pineapples and orchid plant in commercial scale. Agriculture in large scale is very profitable business. Now a days people quit from their hectic MNC jobs for cultivation and I think more than the profit, it's the satisfaction that matters..!!

A business is commercialization of a solution to a social requirement and it will be successful if the demand is high and service get recognized by the consumers.Business valuation/rating services:Currently you may have lot of questions about business, which are difficult to answer yourself. You are not alone, there are millions of people facing the same problem across the glob. It will be a great business opportunity which will help them formally.There are rating agencies exist for big businesses, they are evaluating big companies like Infosys, TCS, flipkart etc. But there are few rating agencies for rating a shop, a travel agency, a hotel, a tuition centre and etc. It is difficult to sell, merge, buy, lend, invest and disinvest a small business due to the uncertainties about the valuation.How to value a business?There are many standard metrics to value a business like Earning per share, Dividend yield, interest out go per share, sequential growths and etc.Who will be the customers?Valuation services will be used by banks, Investors, Promoters, Share holders, Auditors, Lawyers, Professionals, Governments, Business aspirants and etc.What is innovative or novel?Valuation service to a business idea, verify the feasibility of a business proposal, reduce the failures in start ups and modify the business plans to guarantee the minimum profit, economic forecast, market predictions, early detection of paradigm shifts, estimations of catastrophic effects and etc.