Top 10 High Profitable Business Ideas For 2023 || New Business Ideas || Small Business Ideas

Summary

In this video, the speaker highlights 10 profitable business ideas for 2023 that can potentially generate significant income. These businesses range from car cleaning and ticket booking services to food trucks and driving schools. The video emphasizes the growing demand for services like real estate, grocery stores, smartphone repairs, and tiffin services, alongside specialized businesses like beer shops. With insights on investment, potential earnings, and market trends, the video aims to inspire viewers to explore these opportunities and start their own ventures for success in the upcoming year.

Takeaways

• 😀 Cleaning business is a growing sector in 2023, with potential monthly earnings of ₹80,000 if you invest ₹50,000 to ₹2,00,000.
• 😀 Opening a ticket booking shop can be profitable in 2023, with earnings between ₹50,000 to ₹1,00,000 monthly if you invest ₹80,000 to ₹2,00,000.
• 😀 Real estate businesses can thrive in 2023, especially with property rates increasing, offering monthly earnings of ₹6,000 to ₹1,00,000 with a ₹2 lakh investment.
• 😀 Food truck businesses are a rising trend in 2023, requiring minimal investment of ₹50,000 and offering potential earnings of ₹80,000 to ₹1,00,000 monthly.
• 😀 Starting a driving school in 2023 could be lucrative, with monthly earnings ranging from ₹2 lakh to ₹3 lakh if you invest ₹5 lakh.
• 😀 Tiffin services targeting office-goers can yield monthly earnings of ₹1.5 lakh to ₹3 lakh with a proper setup.
• 😀 Clothing shop businesses can generate a profit, with monthly earnings ranging from ₹30,000 to ₹2 lakh, depending on the type and volume of clothes sold.
• 😀 Grocery stores are consistent money-makers, with profits from small item sales, ranging from ₹1,000 to ₹2,000 daily.
• 😀 Mobile phone repair shops are in demand in 2023, with the potential for earnings of ₹80,000 to ₹2 lakh per month if you complete an ITI mobile repair course.
• 😀 Opening a bar shop is a high-investment business, costing ₹35 lakh to ₹80 lakh for the license alone, but it can bring in monthly profits of ₹5 lakh to ₹10 lakh.

Q & A

What is the initial investment required to start a car cleaning business?

The initial investment for a car cleaning business is between ₹50,000 and ₹2,00,000, depending on the scale of the operation.

How much can you earn monthly from a ticket booking shop?

A ticket booking shop can earn ₹50,000 to ₹1,00,000 per month, with an investment of ₹80,000 to ₹2,00,000.

Why is real estate a profitable business in 2023?

Real estate is profitable due to skyrocketing property prices, with potential earnings ranging from ₹6,000 to ₹1,00,000 per month for those with good communication skills.

What is the expected monthly income from a food truck business?

A food truck business can generate ₹80,000 to ₹1,00,000 per month, with an investment of at least ₹50,000, or by renting a truck.

What skills are necessary for starting a driving school?

To start a driving school, you'll need a good understanding of driving and an investment of ₹5,00,000. You can earn ₹2,00,000 to ₹3,00,000 per month.

How does the tiffin service business work?

A tiffin service caters to office workers by providing home-cooked meals. With a good network, you can earn ₹1,50,000 to ₹3,00,000 monthly.

What is the profit margin in a clothing shop business?

In a clothing shop, the profit margin can be significant, with an estimated monthly earning of ₹30,000 to ₹2,00,000, depending on the inventory and customer demand.

What makes a grocery store a reliable business option?

A grocery store is a steady business with daily customer traffic. You can earn ₹1,000 to ₹2,000 per day by selling items that offer a small profit margin.

How much can you earn from a smartphone repair shop?

A smartphone repair shop can generate ₹80,000 to ₹2,00,000 monthly, especially if you complete an ITI course in mobile repair.

What is the major challenge in opening a beer shop?

The major challenge in opening a beer shop is the high cost of licensing, which can range from ₹35,00,000 to ₹80,00,000. However, this business can earn ₹5,00,000 to ₹10,00,000 monthly.