Best Business Ideas for Women in 2024: The new year is about to come and we are all thinking of doing something new in the new year. There will be many women or girls who will also be thinking of finding a new means of income in the new year. Want to start a business but have not found any business idea yet? Let us help you. Today we have brought 5 new business ideas for women in the new year.
Best Business Ideas for Women in 2024
2024 looks like a challenging year. Starting a business will require more flexibility due to economic uncertainties. But when you are starting with a profitable business model, it is very easy to make a profit.
E-commerce Business
E-commerce includes all those businesses where products are bought and sold on the Internet. It is ranked among the best and most profitable businesses because they are easy to launch.
Brick-and-mortar does not require costs and gives you access to a geographically diverse customer base. With over two billion e-commerce customers, 2024 is a great time to start your e-commerce store.
Tiffin Service
Good income can also be earned through tiffin/lunchbox service. Good quality food and an affordable price range will prove to be effective in making this business successful. In today’s time, people are so busy in office or college life that those living alone find it very difficult to cook food.
In such a situation, tiffin service is very useful for them. If you provide good quality food at the right price, then it will not take time for your business to become a hit. For this, you will need a good cook, quality raw materials and some delivery people.
Boutique
A boutique can also be a good source of income for you. In today’s time, finding good and affordable tailoring of clothes is a very difficult task. If you know sewing and designing then it is even better and if you don’t know then also there is no problem. You can start this business by hiring some workers or by dealing with some people who can prepare clothes according to your requirements.
Customized Jewellery
Youngsters these days are choosing the option of custom-made jewelry instead of buying jewelry made in showrooms. Customers spend a lot of money on such jewelry. Getting customized jewelry made and retailing it both online and offline is a good business idea.
Yoga Trainer
Today, the demand for yoga trainers has also increased rapidly. Many types of diseases and tension can be got rid of through yoga, due to which people have shown a lot of interest in learning yoga.
Yoga trainers are in great demand not only in India but also abroad. You will not have to make any investment if you do it as a business. If you have knowledge of yoga then you can start it as a business.
Coaching Classes
Education is a field of diversity and also a good low-cost business idea. In this era of competition, children do not want to depend only on school education and they join coaching classes for good marks. Rather, after the coronavirus epidemic, people’s inclination towards online coaching has increased more. Therefore, this business is one of the most successful small businesses of the present.
Consultancy
Almost every sector requires consultants to assist in its growth. People with good knowledge of IT, finance, marketing, HR, accounts, law, healthcare, social media, etc. can open their consultancy company and link up with big corporates to earn good money.
Catering
Catering business work requires labor, purchase of raw materials, and owning tents, tables, chairs, and utensils. The rest depends on your contacts, marketing techniques and the quality of the food prepared and served.
Handcraft Seller
The Government of India has started promoting the sale of handcraft products in many states. Prime Minister Narendra Modi is also often seen talking about Vocal for local. People are also liking this type of handcraft products.
Such as various metal utensils, paintings, shawls, carpets, wooden utensils, pottery, embroidery items, and bronze and marble sculptures etc. With some of these products, you can also start a handcraft small business.
Real State Agent
If you are a good salesperson and can convince people to invest or buy a house, then this business is for you. Buying or renting an office is the only investment in it, apart from this you should have good knowledge of various types of property and documentation process, only then you can become a good real estate agent. Good public relations and communication helps you to become a successful real estate agent.
Placement Service
HR i.e. Human Resource is very important in any company or institution and good placement helps a lot in the growth of a company. So, by tying up with reputed companies and keeping good employees, it can become a good small business with low cost.
Loan Schemes for Women by Banks
Funding is the backbone of any business. Usually, people are not able to realize their dreams due to lack of money. Business loans have made the dreams of many people come true. Following are some of the business loans specially designed for women, which can make any woman a business woman:
- Annapurna Yojana: This loan is for women who want to start their own catering business. It is offered by Bharatiya Mahila Bank and State Bank of Mysore
- Stree Shakti Package: This loan is given to women who have 50% or more participation in any business. Stree Shakti package is offered exclusively by State Bank of India
- Dena Shakti Yojana: This loan is for women who want to progress in manufacturing, retail trade or small enterprises. This scheme is offered by Dena Bank
- Cent Kalyani Yojana: These loans are for women above 18 years of age. It is provided by Central Bank of India
- Udyogini Scheme: This business is for women who are below 55 years of age. It is provided by ‘Karnataka State Women Development Cooperation’.
Also Read -:
- 9 Home Business Ideas in 2024: Start this great business from your home, cost will be less and there will be big income!
- 10 Successful Business Ideas in 2024: If you also want to earn money by investing less then see here!
So, by adopting any one of these business ideas and taking advantage of these schemes provided by the government, every Indian woman can become an entrepreneur and fulfill her dream of owning a business and becoming financially independent.
FAQ
1. Which is the fastest growing business?
Online Tuition and Teaching
Dropshipping Business
Mental Health and Wellness Coaching
Podcasting
Virtual Cooking Classes
Virtual Home Staging for Real Estate Sales
Freelance Graphic Design
Digital Marketing Agency
2. Which business makes the most money?
Restaurants Business Best Business to Make Money
Online Reselling Best Business to Make Money
Medical Courier Service Best Business to Make Money
App Development Best Business to Make Money
Freelance Copywriting or Content Writing
Graphic Design Best Business to Make Money
3. Which business to start in 5000?
Start your own business in Rs. 5,000
8 Business Ideas Under 5000
Eco-Friendly Newspaper Bags
Ironing Service
Blogging
Tuition Service
Consultant
Freelance Copywriter and Editor
Pet Sitting