If you have the passion to set up a business and are willing to invest, then a restaurant is one of the business best Tamilnadu ideas. You can start a restaurant even at home. To run a successful restaurant, you must have a kitchen with all necessary cooking equipment, fridge and freezer. In addition, you should have a prep area outside the kitchen for preparing food. Another great business idea in Tamilnadu is a garment store. The market for women’s clothes is enormous.
Mobile accessory store
Whether you want to sell mobile phone accessories or have a branded retail store, you’ll need to start with at least four lakh rupees to start. The next step is to find a supplier. While buying from a manufacturer is the best option, you can also buy from local wholesale dealers. Getting the best price is essential for your business. If you offer great discounts to customers, you can increase your profit margin rates dramatically.
To start a mobile phone shop, you’ll need a small space that’s at least 10 x 15 feet or 150 square feet. The space should also be equipped with display cases, cameras, and lighting. And don’t forget about the air conditioning! Mobile phone accessories are highly competitive and profitable. Hence, choosing a good location is important. It’s advisable to choose a location with a lot of footfall.
To start a mobile accessory store, you must register as a business in the state where you intend to operate. You may also want to obtain a VAT registration if your business sells goods worth more than Rs.5 lakhs. But if you don’t plan to sell mobiles or accessories, you’ll not need to register for either tax. You should also consider getting an Import Export Code (IEC) from the government if you plan to import goods from China.
Starting a mobile accessory store is one of the most straightforward businesses, and you can get started in a matter of weeks. There are only a few basic requirements before you can begin trading. You’ll need a 20×20 m shop, a decent market place, and the necessary licensing to operate. You can opt for a sole proprietorship, but make sure to register your physical shop under the Shop and Establishment Act if you’re planning to have a physical store.
Providing transportation
If you’re in the transport industry, you’re probably looking for the best ways to attract new businesses to the state. The transportation system in Tamil Nadu is vast, with a vast road, rail, and air network. Ports are also located in the state, making it convenient for customers and clients to get from one place to another. New business opportunities in this sector are also available thanks to a changing lifestyle habit.
In the state of Tamil Nadu, truck transportation services are a popular way to transport heavy goods across the state. While truck transportation is a risky business, it’s also highly profitable. It requires a valid interstate transportation license and good driver to ensure that the goods arrive at their destination safely. In addition, you’ll need a substantial amount of money for equipment and training. Likewise, bus services are essential for commuting, whether for pleasure or for business. If you’re in the transportation industry, a passenger bus service could be a great business opportunity.
The state government has put together a roadshow to attract U.S. investors to the state. It highlighted the state’s business incentives and the state’s ties to the U.S. Strategic Partnership Forum. It also highlighted the state’s commitment to developing the region into the number one state in India. The chief secretary also pointed out that a FINTECH city would be developed in the state, which would benefit U.S.-based FINTECH companies.
One of the most successful schemes in Tamil Nadu involves promoting free bus travel for working women. This is an excellent way to increase women’s work participation rate. But the government must determine the actual demand and provide an adequate subsidy to the transport undertakings. If not, the business will be left without revenue and will fall into a cycle of debt and frustration. It is also possible that the government will cut the subsidy on bus services and reduce the number of people who would otherwise use public transport.
Plantation farming
The southern states of India have a thriving plantation sector that provides jobs and livelihoods for marginal and unskilled labourers. The Plantation sector contributes to the regional economy, while simultaneously dealing with environmental concerns and climate change. While this sector is one of India’s fastest growing, it also faces several challenges, including structural rigidities and exclusion on various levels. Here are some ways to ensure success in the plantation sector in Tamilnadu:
Travel agency
There are many different types of travel agency in Tamilnadu. Whether you want to provide low cost trips or high-end tours, there is a travel agency for you. This industry continues to grow rapidly, as people from all over the world flock to the state to enjoy its many attractions. There are many benefits of owning a travel agency in Tamilnadu, from a low overhead to high profits.
A travel agency can be a small organization or a large, corporate organization. To be successful in this field, you must have a good financial base, suitable premises, experienced staff and adequate finances. If you want to operate your business in Tamilnadu, you will need to get the right licenses and registrations. In addition, you must be approved by the Reserve Bank of India for foreign exchange and passports.
Starting a travel agency business is a great way to earn money, but you have to be sure that you’re doing it correctly. Make sure you research the competition and list all expenses. While starting a business is easy, the running of it can be very challenging. It’s vital to invest in a good business management system so you can take care of the accounts and manage your business. If you don’t have a lot of experience in this field, you can consider hiring support staff and getting your own accounting software to simplify your tasks.
If you’re thinking of starting a travel agency, make sure you know which type of travel agency to start. This type of business is perfect for people who are looking for hassle-free travel and want to see new places. With the right knowledge and planning, you’ll be well on your way to success. You’ll also enjoy a higher income if you’re doing it right. You’ll be happy you made the decision to start your own travel agency in Tamilnadu.
