Meghalaya is the northeastern state of India, famous mainly for its tourism, spices and medicines. Thinking of starting a business, there are a lot of small business ideas in Meghalaya that can be highly profitable. But, if you don’t know how to get started, then below are the top ten start-up ideas in Meghalaya.
10 Small Business Ideas In Meghalaya
1. Start a Florist Business
Flowers are the essence of Meghalaya, with orchids being the most popular. Starting a florist business is one of the best small business ideas in Meghalaya. It is a highly profitable venture if planned rightly. If you target the right customers, you can make a huge profit out of it, and it can be one of the best small business ideas in Meghalaya for you. You can start this business in Manipur as well.
2. Open a Spice Store
Spices are the essence of Meghalaya. Starting a spice store will attract more customers to your shop, as people across the globe are crazy for Indian spices. Over a couple of years, the Indian spice market has seen tremendous growth. It is not only consumed massively in Indian homes but also the export rate has increased. So opening a spice store is one of the best start-up ideas in Meghalaya.
3. Bamboo handicrafts
Meghalaya is the largest bamboo producer, and the variety of items are handcrafted from bamboo. As bamboo craft is regarded as the oldest craft, bamboo is intrinsically grounded in Indian culture. Making and selling bamboo handicrafts is regarded as a highly-profitable and low investment requiring venture if you are thinking of the best business ideas in Meghalaya.
You can expand your business in the tourism sector by deciding a specific niche you intend to work in. Design an excellent business plan to offer exceptional service to tourists and stand out from the rest. You can successfully pursue this business as Meghalaya is mainly appreciated for its rich tourism and culture. It is a great small business idea in Sikkim too.
5. Yoga Classes
Yoga is the most favored workout among millions of people. It is the most effective and natural way to keep your body healthy. If you are passionate about it, you can start your journey as a yoga teacher. Starting your yoga classes is one of the most perfect small business ideas in Meghalaya. While people are becoming more aware and health-conscious, the demand for yoga teachers has increased.
6. Beauty Salon
Starting a beauty salon doesn’t ask you to be a well-trained beautician, as a little passion for it is enough to fund your enterprise. It is one of the best business ideas in Meghalaya as all you require is little practice and training.
7. Food and Beverage Business
This could be a highly profitable business than the rest if managed properly. Starting a food and beverage business is one of the best start-up ideas in Meghalaya. With increasing love for the variety of food and beverages among people, the demand for a variety of food cafes and restaurants has grown vividly.
8. Retail Business
Retail is the first choice that people favor while starting a business, but not everyone can make a profit out of it. The retail industry is not only known for its vastness, but also for the business opportunities it provides. It can be one of the best small business ideas for you if you use the right strategies to promote and expand your product awareness.
9. Coffee Shop
Coffee is the most favored beverage amongst people from worldwide. Its prevalence is found everywhere, so starting a coffee shop can be one of the best small business ideas in Meghalaya for you.
10. Become a Translator
If you are good with languages, then translating is one of the best small business ideas in Meghalaya for you. This start-up demands extremely low costs and could be home or remote based on the growing demand for translation services; you can make a substantial profit out of it.
Above listed are ten best business ideas in Meghalaya that can help you get started with very low investment. A little passion and knack for success can produce a massive profit.