Punjab is a state filled with rich culture, great food, beautiful cities and picturesque views. This makes Punjab one of the most popular and consumer-heavy markets. Taking advantage of the same, one can start several successful local businesses in Punjab.
If you're planning to start your own punjab, here is a list of the 10 best business ideas in Punjab that will be highly profitable in 2022.
- Travel Agency
- Homestay Services
- Sports Manufacturing
- Clothing Business
- Food Delivery & Catering
- Wedding Planner
- Beauty Services
- Photography Business
1. Travel Agency
Punjab has lakhs of tourists visiting it every year. Many travellers and tourists prefer to hire a travel agent to plan their entire itinerary and manage their bookings. They also prefer to hire a local travel agent due to their expertise in the local areas. So, starting a travel agency is one of the profitable local business ideas. Travel experiences have grown over time, and people are looking for unique experiences rather than traditional tourist experiences. Food tours, bicycle tours, walking tours etc., are getting increasingly popular among millennials and young travellers. You can start a successful travel business in Punjab by providing such unique and exciting experiences.
2. Homestay Services
Like we saw earlier, travel and tourism is a significant and flourishing industry in Punjab. More and more people now prefer to live in homestays rather than hotels. A homestay is basically where tourists and travellers can live in a house with a family. This allows experiencing the local culture and traditions. So, if you have one spare room in your house, you can surely start a homestay business. You can list your home/room on various travel websites like Airbnb, Make My Trip etc., and accept bookings. It is a great way to meet new people and earn some money on the go.
3. Sports Manufacturing
Cities like Ludhiana in Punjab are famous across the world for sports manufacturing. A lot of sports gear, clothing etc., are manufactured in bulk quantities in Ludhiana for various big sporting brands. Thus, sports manufacturing to date has excellent potential for starting a business. However, you will require some investment capital for this business. You can start this business in two ways—either manufacture sports goods for retail sale or wholesale. In retail sales, you will have to manage your sales, get customers, provide after-sales service etc. In wholesale, you will not have to worry about it. However, the profits in retail can be higher than wholesale.
People today are constantly looking forward to building their skills and learning more. So, tutoring services is one of the perfect business ideas. You can start tutoring based on your skillset. It is not necessary to only restrict yourself to school and college education, but you can expand your teaching to anything that you have expertise in. You can even sell your courses and services online if you do not want to restrict them to Punjab.
5. Clothing Business
Clothing is a significant part of Punjabi culture. They have a wide variety of fabrics, colours and patterns. To start a clothing business, you will be required to learn about your target audience and understand their needs. If you target a young crowd, they will be more inclined towards western wear and comfort clothes than an older group who will prefer traditional clothes. You can even specialise in wedding and designer clothes if that’s where your expertise lies.
Punjab is known for its love for parties and celebrations. Whether it be festivals, weddings, birthdays, Punjabis celebrate everything with style. And what is a celebration without a good cake? This makes baking one of the best business ideas. You can start this business in Punjab from your home and take orders for cakes, bread, pastries etc. Thus, you will have to prepare based on your orders. If you can invest, you can rent a store and start your business there. Here you will have to make additional products every day for direct sale as well. Marketing is important for any business today, using social media tools and websites to promote your business.
7. Food Delivery and Catering
Punjab is filled with food lovers and has one of the most popular cuisines in India. Therefore, any food business in Punjab is very likely to be a big hit. Starting a food delivery business has never been easier. You can start from your home and list your kitchen on various food delivery apps like Swiggy, Zomato etc. Thus, these business ideas are not investment heavy. Home kitchens have become a preferred option due to the safety, hygiene and authentic taste that they offer. So if you can cook well, you should start a cooking business.
As you grow your business, you can even move towards a catering business and take bulk food orders for parties, birthdays, weddings etc. Punjab is a popular destination for Indian weddings, so there is a lot of demand for catering services all the time.
8. Wedding Planners
Because of the beauty of Punjabi culture, it is one of the most popular destinations in India for a grand Indian wedding. Destination weddings are happening all year round in Punjab. However, planning for such extravagant weddings is very difficult. So families usually prefer to hire a wedding planner to take care of everything. Starting a wedding planning business in Punjab can be difficult. You will have to manage everything like food, venue, decor, photography, guests, music, invitation, travel etc. You can provide themed wedding plans and custom plans as well. However, if you are someone who is good at planning and organising, this will be one of the most enjoyable business ideas for you. It will surely be a fantastic feeling to see everyone enjoying themselves at an event planned and managed by you. Overall, while it involves a lot of effort, it can be one of the most rewarding businesses monetarily and emotionally.
9. Beauty Services
Beauty services are always needed in most cities. Beauty services can include a hair salon, nail salon, spa, makeup, facials etc. While you are starting, you can pick your niche and start a business in it. However, starting a beauty business will require you first to take some training in your niche, build your expertise in it and then go ahead with offering your services. Inadequate training and expertise can cause damage to your client’s health and affect the goodwill of your business. So make sure you get your training right. You can start offering your services from home or a small salon. You can even tie-up with wedding planners for getting your orders.
10. Photography Business
A popular wedding and travel destination will most definitely need a good photographer and videographer to capture all their memories. With pre-wedding shoots, baby showers, pregnancy shoots being in trend—a photography business can be turned into a long term successful business. However, you will need to invest some time in learning the skill of clicking and editing photos and videos. There are tons of free resources available online, and you can learn and develop your skills from there. If you cannot purchase a camera and other gear, you can either start by working with a photographer to gain some experience and save up for the gear. If you do not wish to do that, you can try out rental options where you can rent the equipment of your choice on a per-day basis.
Starting a business in Punjab can be immensely profitable and fun. There are a variety of small business ideas for you to choose from. Remember to set tangible goals to see your business grow. So what are you waiting for? Start your own business in Punjab today.
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FAQs on Best Business In Punjab
Q. Do I need a lot of money to start a small business in Punjab?
Ans. No. There are many businesses that you can start from the comfort of your home and do not require any investments. With the online world evolving, many resources are available for free.
Q. How do I learn the skills required for setting up a business?
Ans. You can start learning from free resources online. For example, if you want to start a business in beauty and makeup, you can learn to do makeup from online tutorials and then venture on to a more detailed course.
Q. How do I set goals for my business?
Ans. Business ideas can be turned into profitable ventures only by setting the correct goal. You must set long term, short term and medium-term goals for your business to measure your progress.
Q. How many people do I need to start a business?
Ans. There is no definite answer to this. You can decide it as per your need. A single person can also start and run a successful business. But if you need and can afford a team, you can start with a team of 3-4 people.
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