11 Ideas for Small Business in Odisha

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11 Ideas for Small Business in Odisha
09 Dec 2021
6 min read
TWN In-Focus

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Business is a very tough and hectic thing to start. Choosing the correct business requires a lot of ideas about that particular area. Here are some tips regarding starting profitable small business tips in Odisha. #ThinkWithNiche

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1. Food Delivery Business

Except for Bhubaneswar, online food delivery systems in all parts of Odisha are low. Although people need it, you can start your own business on a small scale by providing food. You need to contact hotels and restaurants and upgrade your online ordering service. It is one of the complete business ideas in Odisha if you protect the right place in the market.

2. The Craft Business

People all over the world know Odisha for its handicrafts. Provincial crafts, terracotta, and pottery are Odisha's most famous handicrafts. Crafts are an excellent source of income, and start a business by selling them on social media or entering world markets by contacting exporters in India. It is one of the best investment destinations in Odisha.

3. Online Coaching Business

It is one of the most lucrative businesses in Odisha. If you wish to start a private business, online training classes give you the flexibility to work from home. The initial costs involved are small and very profitable. Your business may be fruitful for home students who can afford to pay for tuition in urban areas.

4. Start an eCommerce Business

Odisha is located on the coast, and often fewer facilities, concerning good business hubs, are found in difficult areas. Starting this business will allow you to open a channel to buy and sell items in two or more different statistical areas. You can make a big profit if you push yourself to the right place in the competitive market.

5. Livestock

The animal shelter is one of the best new business ideas in Odisha if you love pets. The industry is growing rapidly, with each in five households owning a pet. You can make a lot of money from this business as people are willing to invest in their livestock.

6. Tea Store

Tea is still one of the most popular beverages in India. If you are making excellent tea, opening a tea shop is one of the best ideas for a small business in Odisha. Providing good service will attract more people to your area.

7. Tourism Related Businesses

Tourism has great potential and contributes especially to the economy of Odisha. If you like to explore places or contacts, starting any tourism-related business, tour guide, lodge or photographer can be very lucrative and one of the best business ideas with a small investment in Odisha.

8. Solar Energy Business

Odisha can provide electricity at a lower price. Odisha is one of the hottest provinces with a tropical climate all year round, so the solar power business can be easy and profitable to start. It has become a thriving business in Punjab.

9. Start a Franchise Business

Having a franchise is one of the most lucrative businesses in Odisha. This business is easy to set up as franchisors help you build a business plan that improves productivity and revenue.

10. Taxi Business

The taxi business has been booming over the past five years due to declining customer service. You can easily make a big profit with this business by choosing the right type of car and the number of cars you want to start with. It is one of the best small business ideas in Odisha.

11. Cashew Nut Processing Business

Cashew nuts have many health benefits and are purchased in bulk. Proper processing of cashew nuts is important as the use of raw nuts is incorrect. It is to make a high profit, and one of the best small business ideas in Odisha, understand the market opportunity of your business and protect the right place.

Conclusion

These were some of the top businesses that had to start in Odisha to get started. You can choose any of these according to your interests. Starting a business requires a lot of patience as it can take time to choose a business pace in the early stages.