BEST BUSINESS IDEAS IN KERALA

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Business Ideas In Kerala

Small Scale Businesses

1. Home Decor Services- More and more individuals these days are investing in their home decor. So, if you have the required skill set, this would be an excessively profitable small business option that you must consider. Apart from setting up a small store, you can also sell your products online. From wall arts, antique pieces, dining accessories to designer vases and candles, there are tons of things with a high demand that you can include. You’d be needing an investment of up to 4-5 Lakhs for this business.  
   
   Also Read:  How to start home decor business?
2. Electronics & Accessories Store- Times are changing. We’re witnessing a massive growth in internet users and electronics buyers. Mobiles and laptops have become a basic need, and that’s why more and more people are investing in them. That is why it’s a great time to enter this business. However, remember that this industry has cut-throat competition. So when you start, keep the products and accessories that the locals would buy. Once your business grows, you can begin investing in high-end products. If done right, it’s an extremely profitable and sustainable business idea.
   
   Also Read:  How to start electronics store?
3. Bakery Business- The reason a bakery would be a profitable small business is that it doesn’t require much investment. Moreover, in this world of personalisation and experimentation, you can let your creativity flow while offering the basics. In a state like Kerala, it’d be beneficial to start it in a crowded market or a place that has ample parking space. So if you have the desired skillset or can partner with an individual who does, open a bakery.
   
   Also Read: How to start a Bakery?
4. Grocery Shop- Every individual all over the world needs groceries. So naturally, grocery shops are a viable business idea. The best part about this business is that it doesn’t require any particular skill set. But when opening a grocery shop in Kerala, you must do ample research about the products that the locals need most. In addition to that, the location of your physical outlet would also play a vital role.
   
   Also Read: How to start a kirana store?
5. Fitness Centre or Gym- Much like the rest of the country, individuals in Kerala are slowly gravitating towards fitness. That is why opening a gym or fitness centre there can yield great results. All you need to do is have a plan and offer the right services to attract customers. Boutique gyms are the talk of the town and something you can cash in on in Kerala. You can set them up with less investment and make significant profits.
   
   Also Read:How to set up a Gym?
6. Ayurveda Tourism- Kerala is a highly sought after travel destination amongst both Indians and foreigners. Meanwhile, individuals all around the world are becoming more aware of the benefits of Ayurveda. So why not combine the two? Kerala has a pleasant climate with the temperature hovering between 23-29 degrees, abundant natural wealth, and ample rainfall. These factors make it the ideal place for Ayurveda practises and tourism. You can set up an Ayurvedic retreat in both cities or the countryside area.
   
   Also Read: Ayurvedic Brands in India
7. Boutique Hotel- As mentioned above, Kerala hosts a ton of visitors throughout the year. And that makes it an ideal place for doing travel or hospitality-related business. Did you know that this industry provides around 13% of Kerala’s GDP? From the picturesque attractions to historic landmarks, everything makes Kerala travel-worthy. And to have an exquisite little boutique hotel would be an excessively profitable business idea.
   
   Also Read:  How to start a homestay business?
8. Growing and Exporting Crops- Almost 70% of India’s coconut supply comes from the state of Kerala. Moreover, the place is also rich in bamboo crafts and spices. So why not turn this into a business opportunity? You can rent a place to grow all these different crops. As rentals aren’t too costly, you can find an area at a reasonable price. And afterwards, you can export them to other parts of the country or the world. Before starting, you can consult experts or businesses who’re in the same field.
   
   Also Read: How to start Agriculture business?
9. Clothing Business- Another profitable business idea for Kerala is the clothing business. Fashion travels fast in this country, and there is a lot of demand for anything and everything vogue. But it’s not necessary to offer a massive variety of apparels. You can also go with something niche like beachwear clothing. As Kerala’s climate is a topical one, there is a lot of demand for beachwear and swimwear clothing. You can also choose to export these clothes. Although it’d require significant capital initially, it’d be worth it in the long run if done correctly. You’d need to hire professionals to sew and purchase sewing machines and other equipment. Once you get a place where you’d produce articles, you can move on to tie up with stores.
10. Agarbatti- A product that has demand in Indian households throughout the year is Agarbatti. Some people use it for religious purposes while others for its aroma. And Kerala is the ideal place for this business. Why? It’s because raw materials like bamboo sticks, sawdust, and charcoal powder are comfortably available in the state, and you can get them for affordable prices. You can start this business with a low to medium level investment.  
    
    

Benefits Of Doing Business In Kerala

There are numerous benefits of doing business in Kerala. The cultural appeal, the big market and many more. Before you dive into researching for new business ideas in Kerala, read on to get a look at market benefits:

1- Massive Digital Reach

When compared to other states of the country, Kerala has a significantly higher digital reach. More digital reach is beneficial for any business as it ensures you reach the target audience with much ease.

2- High Literacy Rate

As many of you must be aware, Kerala has the highest literacy rate in the country. It means that small business owners can hire more qualified and well-informed candidates who’d take their business forward.

3- Low Rentals

A primary consideration for many small businesses is low rentals. And Kerala would provide just that. Compared to many other states in India, you can get a shop or property in Kerala for a significantly lower price.  

4- Less Cost of Operations

Cost of operations or operating costs is the expense incurred on the day to day operations of a business. Owning and running a small business in Kerala promises a lower cost of operations. Furthermore, you can reinvest the money saved.

5- Well Connected

The state of Kerala is very well connected with other parts of India. It has an extensive railways network that allows individuals to travel to other parts of the country with ease. Apart from that, it also has numerous airports and ports. Now that you’ve understood the advantages of doing business in Kerala let’s get into the profitable business ideas that’d yield impeccable profits and promise impeccable ROI.

Key Takeaways

Kerala is a hub of business opportunities. But you got to figure out what you’d profit doing, keeping in mind your skillset and resources. All the business ideas mentioned above do contain a fair share of risks, but they also have a high potential and chance of succeeding in Kerala if done right.

Plus, the state is becoming a centre point for investors making this the right time to start and grow a business. So take your pick and start a business from the list of the Best Business Ideas in Kerala.

 

 FAQs on Business Ideas In Kerala

Q. Which business is best to start in Kerala?

Ans- Some of the most lucrative businesses ideas to start in Kerala are:

• Beauty Parlour Service At Your Doorstep
• Online Plumber And Electrician
• Home Tuition Online
• Designer Fashion Boutique
• Online Home Decor Services
• Blog Content Writer
• Self Employed SEO
• Accounting Services
• App. Based Home-made Food Delivery
• Property Management Services/Estate Agency

Q. What is the most profitable business in Kerala?

Ans- Some of the topmost profitable business to start in Kerala are as follows:

1. Tea & Coffee Business
2. Banana Chips Business
3. Handicrafts Items & Jewellery Business
4. Beauty Salon Business
5. Dairy Products Business
6. Diner/Restaurant/Bistro Business
7. Pet Shop
8. Handcrafted Chocolate Business
9. Uniform Making Business
10. Frozen Foods Business

Q. What is the best small scale business in Kerala?

Ans- Here is a list of the top small scale business in Kerala:

1. Home-Tiffin Meal Services Business
2. Candle-Making Business
3. Garment Selling Business
4. Garments Manufacturing Business
5. Imitation Jewellery Business
6. Stainless Steel Utensils Business
7. Mobile Repairing Business
8. Coconut Oil/Chips/Condiments Business
9. Online Toys Business
10. Online Ayurvedic Products Business

Q. How can I start a small business in Kerala?

Ans- To start a small business in Kerala you need to fulfil all the legal formalities and get all your registration process completed with the Companies Act of India.

Q. What is the good business to start in Kerala?

Ans- The top 3 best business to start in Kerala are:

• Real Estate/Property
• Accounting Services
• Jewellery Business

Q. What business can I start with RS 10000?

Ans- These are the Top 5 business ideas to start between Rs. 5,000 to 10,000:

1. Homemade sweets and snacks
2. Breakfast joint
3. Fresh fruit juice Kiosk
4. Online bakery
5. Social media strategist

Q. What are some of the profitable businesses in Kerala?

Ans. Businesses in Agriculture, Hospitality, and Tourism tend to do well and usually turn out to be profitable. That said, no one business type of sector guarantees profits.

Q. Is it tough doing business in Kerala?

Ans. Till a few years back, it was comparatively difficult to do business in Kerala. However, due to the multiple initiatives taken by the state government, things have changed. As of today, Kerala is full of business opportunities.

Q. What is the best business to start in Kerala with 1 Lakh Rupees?

Ans. You can start a small tour and travels business as there’s a lot of tourist influx in Kerala. You can market your business as a problem solver for any travel-related query that one might have.

Q. Is it a good idea to start an e-commerce business in Kerala?

Ans. Yes, it is. The reason for that is that we’re more connected than ever. On top of that, Kerala has a massive digital reach, with most of its population active on the internet.

Q. Is it safe to start a business in Kerala?

Ans. As long as you’re following the rules and regulations and systematically doing business, it is excessively safe.

HOW TO START A HOUSEKEEPING BUSINESS?

 

Superwomen Don't Live Here Anymore

Costs are going up all the time, so most families need two incomes to get by. The days when men brought home the bacon and women cooked it are long gone. And since most people can't jump over tall buildings in one bound or run a household and a job well at the same time, there is a growing need for someone to fill in the gaps.

We know that housekeeping is a service industry whose time has come, but because the need is so greatand the industry is so new, it's hard to say exactly what the "housekeeping business" is. The range and types of services offered by existing household management services are very different. Some try to be everything to everyone, while others focus mostly on finding jobs for people who help out around the house.

The Sky is the Limit

The only thing that is certain about this growing industry is that there are no limits on what a Housekeeping business can do or how big it can get. This alone could give you trouble when you first start. The first thing you'll need to figure out is what you'll do for your clients. What do they want? What can you give them that you are willing and able to do?

Housework and More

You might want to start by asking a small number of people in your geographic and economic target area to fill out an informal questionnaire about what kinds of "outsider" services they would be most likely to pay for.

• Taking clothing to the cleaners and dropping them off
• Supervising independent contractors such as plumbers, painters, and remodeling specialists
• Renewals of licenses at the Department of Motor Vehicles
• Party preparation (renting a tent, dishes, and flatware, hiring a caterer, buying flowers, and hiring a band)
• Shopping for groceries
• Window cleaning
• Supervising a whole home relocation
• Providing a carpool driver for events involving children

When you know what people want, you can decide what services your Household Management firm will offer. You might want to start with just a few items and then see where your clients take you.

Open for Business

After you have a good idea of what your new business will be, figuring out who your target customers will be is one of the most important steps in getting started. Families with less money probably can't hire someone to do the kinds of things you do for them. Families with a lot of money can probably pay for fulltime or live-in help and wouldn't need your services. Most likely, your target market is made up of families with middle-class to high-class incomes where both parents work. Aside from that, almost anyone with a job could be a client. This includes young professionals, single people, and couples with children.

Now that you know what you'll be giving your clients, you'll need to decide how many people you might need. If you plan to start out as a one-person business or want to stay a one-person business, you might want to have some references on hand that you can give to potential clients.

If you want to do most of your work as a household help employment agency, you will need a good list of qualified, well-screened workers you can send out on demand. Depending on what services you offer, your employees will have very different skills. If you're going to be an elderly person's friend and caretaker, your screening process will probably need to be more thorough than if you're just looking for someone to do grocery shopping, water plants, or walk the dog. Since you will probably be sending your workers into customers' homes, you will need to be very careful about who you hire. Check references and make sure that the people you hire will help your company's reputation, not hurt it.

Now that you know who your target market is and how many employees you'll need, or if you'll be able to do everything yourself at first, you can start advertising your services. Flyers are a cheap and easy way to get your name out there. You can hand them out or send them out in bulk. There are magnetic signs that you can put on the side of your car to make it a "rolling billboard."

Most local newspapers have reasonable rates for advertising, and using a local newspaper means you'll stay in the area you want to reach. As with most service businesses, word of mouth will likely be your best form of advertising. You want your customers to tell their friends how great your service is, so make sure your customers are happy.

Most firms that provide housekeeping services charge on an hourly basis for their services. These rates can vary because the amount of skill and work put in can be so different. You could hire a student to sit in someone's house while they waited for the washing machine repairman. The student could learn "on the job" and wouldn't have to take on much responsibility, so you wouldn't have to pay them much. If you are taking care of registered children or helping people move, you will probably need to pay a higher fee to a responsible, reliable person.

As you start to describe your services in more detail, you will be able to come up with a clearer fee schedule.

This whole experience will probably be "learn as you go," and flexibility will be the key to your success.

Most Housekeeping Businesses have clients who come back to them again and again. Once a client uses this type of company's services, they start to see how helpful it is to have someone cook a meal, buy a gift, plan a party, screen child care providers, etc. If you give your customers an easy and affordable way to make their lives easier, they will start to wonder, "Why am I doing this or the other thing myself when I can pay someone else to do it?"

Tags: business in kerala, home based business in india, home based business in kerala, how to start a housekeeping business, business opportunity in kerala, house keeping business benefits