Business ideas in Gujarat are one of the most popular in-demand searches in google! People in Gujarat are generally highly successful business people! But most of them are often confused between which business ideas will suit them and will give them a good profit margin in Gujarat.
Related : Business ideas in bihar.
The reason behind why Gujarati businessmen are so successful because Gujarati people know the risk they have to take in order to achieve desired goals.
Gujarati peoples know how to keep their minds away from distractions are to keep the focus on their business goals.
So to help emerging Gujarati entrepreneurs with their business ideas we at wooble help them to find their best possible business ideas and with the latest startup Updates.
Topics covered in this article:
- New Business Ideas In Gujarat.
- Best Business Ideas In Gujarat With Low Investment.
- Small Business Ideas In Gujarat.
- Best Trending Business In Gujarat.
- Best Small Business In Gujarat.
So without further ado, let’s jump into it!
- 1 Freelancer
- 2 Internet Marketing Agency
- 3 PR Agency ( Public Relation )
- 4 Textile Business
- 5 Pharmaceutical
- 6 Home Cleaning Services
- 7 Online Fashion Boutique
- 8 Blogging
- 9 Event Planner
- 10 Accounting , Tax Preparation and Bookkeeping
- 11 Faqs For Best Business ideas in Gujarat:
If you are good at any skill then you should start your career as a freelancer, this is one of the best decisions that you can ever make.
Before starting as a full-time freelancer you should start as a part-time consultant and then after you gain minimum experience then you can go for full time freelancing.
You can make a handsome amount of money in freelancing based upon your skills and experience but you can make a minimum of 10k per month to as high as 80k per month.
Some of the highest paying freelancing skills are:
- Web Developer.
- Internet Marketer.
- Security Specialist.
- Legal Advisors.
Steps to become a successful freelancer:
- Make a proper strategy and know you skill strength.
- Do compititors research.
- Create a beautiful and attractive website.
- Expand your online reach.
- Make sure your legal papers are ready such as tax papers.
- Make a budget.
- Create Your profile on freelancing websites.
- Make sure your website to be SEO friendly.
Some Freelancing Websites
Internet Marketing Agency
Internet marketing is the next big online business ideas in Gujarat. Nowadays almost the majority of businesses going online and you can make benefits from it.
Related : SEO INTERVIEW QUESTIONS
Internet marketing often termed as Digital marketing and it is one the most lucrative business opportunities in today’s world.
But what will you offer or do as an internet marketer or as an internet marketing agency?
Mainly an internet marketer helps other businesses to build an online presence with their online marketing plans.
Internet marketers help businesses drive potential customers who can buy their services or products and helps them to grow their revenue.
You or your agency can help other businesses with your services such as:
- Building an online strategy.
- Search Engine Optimization ( SEO ).
- Email Marketing.
- Social Media Marketing.
- Ads Expert. ( PPC )
- Web Content.
Steps To Start Internet Marketing Business-
- Promote Yourself as a good internet marketer.
- Decide actually what service you will provide and what are you good at.
- Do market research.
- Make your service pricing or package.
- Write a proper business plan.
- Create your own stunning website.
- Determine your potential client.
- Promote your business.
Some high-ticket business ideas you can go for-
- Ad management business.
- Webinar business.
- Business coaching.
- SEO business.
- Chatbot Business.
PR Agency ( Public Relation )
A public relations firm is a professional service that helps to spread the word of a companies product or services and overall images of its customers and employees or to other interested communities.
to know more about pr agency and how it works check out this article.
Pr agency can make you really rich if you can provide good pr services to the companies.
Steps To Start A Successful PR Business-
1 ) Plan Your Business Properly- A clear plan is the most crucial post for any business success. Before planning start asking these questions.
- what are the startup’s ongoing costs?
- who you are going to target?
- How much will you charge your customers?
- what will be your business name?
- How much profit you can make from your PR Agency?
2 ) Form a Legal Entity- Establishing a legal business entity as LLC prevents you from being personally liable.
3 ) Fill Up all your tax forms- It is necessary for any business to register for a variety of state and federal taxes while opening a business.
4 ) Open a Business Bank Account- You will require your business bank account for any legal purpose also separate business bank account will help you to keep your personal asset out of your business cash.
5 ) Setup Your Business Accounting- Measuring your various expenses and your business income is very crucial to understand the financial performance of your business.
6 ) Obtain necessary permits and licenses.
7 ) Get Your Business Insurance.
8 ) Define Your brand with proper advertisments.
9 ) Define Your web/online presence.
Mainly PR agencies work with clients on a project basis their main revenue depends on clients’ length of contract and other services offered to clients.
you can start this as a small-scale business in Gujarat but later on, this business idea in Gujarat will give profitable revenue.
When it comes to textile, who can comes before gujarat in india? Gujarat is the leader in textile industry with more than 900 units engaged with 12 sub-sectors in technical textile.
Our Indian government also put emphasis on various schemes to enhance the supply of skilled manpower.
In Gujarat Ahmedabad alone consists of 66 textile mills within a radius of 8 to 10 km, among them 62 are composite mills.
FACT- IN 1980 THE PAID UP CAPITAL WAS Rs. 5,303.60 lakhs.
Checkout this pdf fore more detailed knowledge
Due to gujarat’s huge potential in textile field, gujarat already attracted Rs. 9,208 crore funding from investors across the globe.
Gujarat’s textile are divided into different segments that are:
- cotton ginning.
- technical textiles.
Gujarat is the largest raw cotton producer in the country with 33% of production alone.
Gujarat produces 65% of denim fabric in the country which makes Gujarat worth of $25 billion by fiscal 2017.
All these factors combined and more make Gujarat India’s best spot for the textile business. To know more visit gujaratindia.gov.in.
Textile is really a profitable business idea in Gujarat to go for because the Indian textile industry currently estimated at around US$ 120 billion and expected to reach US$ 230 billion by 2020.
Pharmaceutical is one of the most popular and profitable business ideas in Gujarat. It is one of the most growing business ideas in India with a growth of 12.6 billion in 2009 and in 2020 it’s more than 55 billion.
Currently, there are more than 3000 drug companies out there in India and India is the leading producer of cost-effective generic medicines and vaccines which combines 20% of global in-demand supply.
There are some leading indian Pharmaceutical companies which are:
- Sun Pharmaceutical.
- Dr. Reddy’s Laboratories.
- Divi’s Laboratories.
In Gujarat alone, there are almost 3500 drug manufacturing units with several established companies including Dishman Pharmaceuticals, Intas Pharmaceuticals, Claris, Sun Pharma, Torrent Pharma, and many more.
Follow this article and you will get brief details about different government initiatives in the Indian pharmaceutical industry and many more.
Home Cleaning Services
In recent years Home cleaning service is getting popular among small business ideas in Gujarat and the reason is simple:
If it can get dirty, chances are someone will be willing to pay you to clean it.
and that is why many small businesses claim that they can provide a variety of cleaning opportunities that a cleaning professional can.
Before you jump into cleaning service you need to know your market where you are going to provide your cleaning services which are:
consumer and commercial.
consumer areas consist of main households such as residential maid services, carpet cleaners, window cleaner, and other variety of residential cleaning services.
Commercial areas including janitorial services, cleaning companies in different areas including their windows and carpets.
In commercial areas, you will get a wide range of cleaning spots and you can earn more revenue there.
Your target markets can vary such as Friends and family, government programs etc.
Overall home cleaning service can be a profitable small-scale business idea in Gujarat and it’s also a great business idea to start in tier 3 cities of Gujarat.
Online Fashion Boutique
Currently, this business is one of the most trending business startups in Gujarat. Online Boutique or fashion e-commerce is one the most profitable business too, just look at this image below.
Fashion Ecommerce is growing at a higher potential than other businesses, however starting an online fashion e-commerce business is more than just getting a domain and placing ads.
It’s not only about the products that you sell but it’s also about your website and customer service.
Keep one thing in mind that nowadays eCommerce business is getting popular among entrepreneurs and hence increase pressure to differentiate your online store from others.
Before you jump into these business ideas in Gujarat follow these handy steps to reduce the chances of failure and wrong decision making.
- Choose your online Boutique niche.
- Make sure to have a great product line.
- Think ahead for your eCommerce future and stay focus on branding.
- Create an effective but working business model.
- Make sure to have an attractive online store.
- Bring traffic to your online store ( By both Organic and paid ads ).
If you can follow these steps then you will be able to create an effective business model for your business and this can be the most profitable business to do in Gujarat.
Blogging is one of the most profitable business ideas that you can go for. You can start blogging as an online business in Gujarat.
Don’t take this career lightly because just like any other profession blogging is also a profession where you can earn a large amount of money from anywhere in this world.
The main source of revenue in blogging is through advertisements that is you earn money by placing ads on your website and earn.
Also, you can earn from affiliate marketing, to know more about affiliate marketing follow this article.
Here in this section I will not cover everything related to blogging but will share some effective ways of earning from blogging.
List of ways to earn money from blogging :
- Selling Private ads.
- Google AdSense ( CPC & CPM ).
- Affiliate link/ affiliate marketing.
- Selling your digital products or courses.
- Allow memberships.
- Use your audience for your business.
Blogging is one the most profitable but easy to start and low investment business ideas in Gujarat.
Event planning is not a new business idea in Gujarat but it’s an idea with low investment to start in Gujarat.
According to Goldblatt’s research, this industry is growing rapidly and also very profitable with an increase in profit margins.
In recent years the profit margin increase from 15% to 40% and also this industry has good health to survive in the future.
What services included in Event planning business?
- Commemorations ( memorials, different civic events ).
- Educational ( Farewell, Graduation, conferences ).
- Occasion ( Wedding, Party, Birthday ).
- Promotions ( Product Launch, Fashion Shows )
As an event planner, you can hist all of these events but what should be your arrangement responsibility?
As a event planner you are responsible for:
- Attractive Decoration, sometimes locations too.
- Food arrangement, Decor, and entertainment.
- Planning to have a good transportation facility.
- Arrangement of any necessary accommodations.
- Supervising at the location.
If are able to create a good reputation for your event management business in Gujarat then you will be able to get a lot of Gujarati events and festivals to host across famous places like Surat, Ahmedabad, etc.
Things to keep in mind before starting Event planning business in gujarat.
- Create a solid but working business plan.
- Set your marketing goals and budget and try to hire a PR Company if necessary.
- Create a clear vision and mission for your event planning business.
- You must have your elevator speech ready.
- Do effective marketing research.
- Check your competitors both online and offline.
- Learn about tax laws and business filing.
Starting out an event planning startup in Gujarat is a good idea and profitable too, The best event planner charge high prices for their vision, execution, and results.
Accounting , Tax Preparation and Bookkeeping
Accounting , Tax Preparation and Bookkeeping is the best business ideas in gujarat.
Accounting, Tax Preparation, and Bookkeeping business ideas will provide opportunities as well as profitability by helping your customers/clients to keep their financial records in order, their tax filing, and thus helps to save their money and time.
Accounting, Tax Preparation, and Bookkeeping not only in high demand also this business offers high margin profitability.
according to some Entrepreneurs Accounting, Tax Preparation, and Bookkeeping is one of the most profitable small business.
If you looking for profitable business ideas in Gujarat then Accounting, Tax Preparation, and Bookkeeping should be your go-to business idea.
Faqs For Best Business ideas in Gujarat:
Which Business Is Most Profitable In Gujarat?
as I already mentioned some of the most profitable business ideas in Gujarat which are:
Gems and Jewellery.
What are the most successful small business in gujarat?
Wellness, health, and fitness are some of the most profitable and successful small business in Gujarat.
Low Budget Business Ideas In Gujarat?
some of the lowest investment business ideas in Gujarat are:
Accounting, Tax Preparation, and Bookkeeping.
Digital marketing expert.
Business ideas in gujarat for ladies
some of the best business ideas in Gujarat for ladies are freelancing, tutoring, dance teacher, yoga trainer, accountant.
in freelancing they can go for freelance writing or transcribing as these ideas are lucrative business ideas for the woman in gujarat
These are some of the best and most profitable business ideas in Gujarat. To know more or to give suggestions you contact us.