The most difficulty that people face is choosing a right business idea which can offer high growth opportunity.
You won't spend much time and effort starting up a business to find out later that the concept has an enormous chance of failing that will endlessly hamper your company's progress.
Choosing the right business idea is highly important. You need to pay off your time and labor if you spend years in your business. All that follows is constructed based on a good idea for a company.
It is tough to come up with business concepts that will never work. There is no assurance. It's only confidence.
We at NPCS assist in finding a business idea on which you can trust that you will move ahead. However, you will not know anything until you start working on it, so the NPCS team comes into the picture to help you choose a better business opportunity.
Three steps to choose a business idea:
1. Pursue your dreams
The best choice is to develop or sell something you know and love. Then get in, make your money, and get out. To establish a long-term business that fits your temperament, strengths, and preferred lifestyle, you must like it.
Following your passion has many benefits. For one thing, you'll be more likely to sell something if you truly believe in it. And you'll be more inclined to persevere when the going gets rough.
2. Be Sincere
While creating a business based on your interests and experience is important, it is equally important to create a viable business prospect.
Examine the appropriate market without bloodshed. Is the business you want to start in high demand? Is America or the globe clamoring for this? Assure that your product or service not only meets this opportunity but does it effectively.
3. The Internet should be respected
Determine how to utilize this game-changing resource best. It can let you create a business for less money and faster than ever before.
Aside from knowing or being able to master search engine optimization, establishing an internet business requires little infrastructure and no bricks and mortar.
Remember that the Internet works both ways. While opportunities seem exciting, appealing, and perhaps limitless, rivals are seeing the same vision. That means that no matter what business you select, you will encounter basic marketing difficulties.
How we can help in choosing the Right Business Idea
We have listed upto 25 lakh business ideas to assist you in choosing the most appropriate business idea for your business.
Our In-depth project reports cover all aspects of the business, from market research to confirm the availability of necessary items like machinery, raw materials, and financial predictions. To plan business diversification, the report comprises of calculating raw material costs, constructing the cash flow statement, and projecting the balance sheet, among other things.
Our report also assists in identifying and selecting machinery, required manufacturing process and other equipment, general guidance, technical and commercial counseling for starting new industrial projects.
You can select from a variety of personalization options.
We adjust the project's capacity and pricing to meet your needs, and we can also design a project report on any subject you require.
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Please choose a project below related to this category.
The maize also called “corn or Indian corn” is widely cultivated in India. Maize ranks high among the four or five principal cereal crops of the world...
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Capacity : - |
Plant and Machinery cost: - |
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
TCI : - |
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Cost of Project : 0 |
Hosiery industry in India is one of the oldest in the world. Ludhiana in the state of Punjab is one of the largest and oldest center of hosiery indust...
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Capacity : 1000 Nos./Day |
Plant and Machinery cost: 4 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 60.00 |
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Break Even Point (BEP): 35.00 |
TCI : 45 Lakhs |
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Cost of Project : 0 |
Food is mainly composed of three main groups of constituents i.e., carbohydrates, Fat & Protein. The baby cereal food is that enriched food which has...
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Capacity : 5.00 Tons/Day |
Plant and Machinery cost: 23 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 48.00 |
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Break Even Point (BEP): 32.00 |
TCI : 316 Lakhs |
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Cost of Project : 0 |
The readymade garments industry in India owes its existence to the emergence of a highly profitable market for exports. The changes in the life style...
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Capacity : 2000 Nos./Day |
Plant and Machinery cost: 20 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 63.00 |
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Break Even Point (BEP): 32.00 |
TCI : 145 Lakhs |
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Cost of Project : 0 |
Liquid organic fertilizer or bio fertilizer now days has increasing market. There is now decrease in the inorganic fertilizer market. Liquid organic...
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Capacity : 300000 Liters/Annum |
Plant and Machinery cost: 20 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 41.00 |
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Break Even Point (BEP): 71.00 |
TCI : Cost Of Project: 74 Lakhs |
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Cost of Project : 0 |
Liquid organic fertiliser or Bio fertiliser new days has increased market. There is new decease in the inorganic fertiliser market. Liquid organic fer...
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Capacity : 300000 Liters/Annum |
Plant and Machinery cost: 20 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 41.00 |
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Break Even Point (BEP): 71.00 |
TCI : Cost Of Project : 73.06 Lakh |
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Cost of Project : 0 |
Hydraulic hoses are largely used in the supplying of water from one place to another place, in the agriculture in the fire brigade, in the civil const...
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Capacity : 150000 Meter/ Annum |
Plant and Machinery cost: 19 Lacs |
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Working Capital : - |
Rate of Return (ROR): 37.92 |
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Break Even Point (BEP): 55.32 |
TCI : Rs. 54 LAKHS |
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Cost of Project : 0 |
Pan masala is consumed in large quantities by the people of rich class as well as the poor. Present manufacturers of Pan Masala are mainly from northe...
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Capacity : 600 Kgs/Day |
Plant and Machinery cost: Rs. 9 Lacs |
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Working Capital : - |
Rate of Return (ROR): 79.22 |
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Break Even Point (BEP): 26.76 |
TCI : Rs. 96 Lacs |
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Cost of Project : 0 |
Surgical cotton Industry is mainly limited to small and cottage scale units. Bengal chemical & pharmaceutical works Ltd. is the key manufacture of sur...
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Capacity : 300 kgs/Day |
Plant and Machinery cost: Rs. 24.00 Lacs |
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Working Capital : |
Rate of Return (ROR): 34.00 |
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Break Even Point (BEP): 0.00 |
TCI : Rs. 35 Lacs |
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Cost of Project : 0 |
Exercise books are widely used by teachers, students, housewives, businessmen and office going people. Note books of various shapes, sizes and pages w...
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Capacity : 6,00,000 Nos./ Day |
Plant and Machinery cost: Rs. 5 Lakhs |
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Working Capital : Rs. 17 Lakhs |
Rate of Return (ROR): 58.72 |
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Break Even Point (BEP): 47.76 |
TCI : Rs. 22 Lakhs |
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Cost of Project : 0 |
Flexographic printing is used widely for the printing of bold designs and extremely attractive effects can be achieved using 3 or 45 colours. It is us...
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Capacity : 20,000 Sq. Mtrs/Day |
Plant and Machinery cost: Rs. 14 Lakhs |
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Working Capital : Rs. 51 Lakhs |
Rate of Return (ROR): 41.69 |
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Break Even Point (BEP): 41.15 |
TCI : Rs. 78 Lakhs |
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Cost of Project : 0 |
Fevicol type adhesives are synthetic resins and latex adhesives made from PVA. PVA (Polyvinyl Acetate) is used in adhesives for bookbinding, paper bag...
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Capacity : 400 Kgs/ Day |
Plant and Machinery cost: Rs. 3 Lakhs |
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Working Capital : Rs. 17 Lakhs |
Rate of Return (ROR): 63.03 |
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Break Even Point (BEP): 33.74 |
TCI : Rs. 26 Lakhs |
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Cost of Project : 0 |