Looking for small business ideas in Bihar? If yes, this article is for you. Bihar is a growing state and more people are looking for small investment ideas and business opportunities.
Bihar is highly famous for its silk industry, sugar industry jute industry, etc. Restaurants, shopping malls, hotels, coaching institutes are the most famous business ideas in Bihar. But most of them are a capital intense business. In this article, you will see a list of small business ideas that you can start today.
What are the best business ideas in Bihar?
If you are a person who is not afraid of taking a risk then there are many small and scalable business opportunities in Bihar.
Here is the list of 21 business ideas in Bihar
There are tons of business ideas in Bihar that you can easily start. But for your convenience, I’m mainly focusing on small business ideas.
1. T-shirt printing
This is a highly profitable business in Bihar because youngsters prefer wearing custom printed t-shirts of their favorite actor, comic hero, or favorite quotation. You can easily start a cool custom t-shirt printing business with a small investment.
How to start?
Starting a t-shirt printing business is quite easy. But marketing is very crucial in this industry. So do not neglect marketing otherwise you may face failures. Apart from this, you just need a few items and you are ready to go.
- Firstly, buy a plain average quality t-shirt in bulk
- Purchase a small printing machine
- Print some t-shirt and start selling
Starting a quick-service restaurant is a highly profitable business opportunity In Bihar. Keep in mind that starting a restaurant isn’t going to be a cheap business model. Initially, a small size rented apartment will do the work
Estimated Cost to start:
- Shop rent deposit = 1 lakh
- Furniture and interior = 2 lakhs
- Kitchen equipment and accessories = 2 lakhs
- Raw Materials 50,000 – 70,000
- Labor and light bill = 50,000/ monthly
So as you can see the estimated cost of opening a small restaurant is 6-7 lakh. And even after that, you need capital in your hand to run the business for at least 12 months.
This is another great business opportunity for younger’s in Bihar. Starting a small transport company is highly profitable and you actually start it with one vehicle.
You can transport vegetables, food, milk, etc. Also, start local transportation services like cab or even a bus.
The initial investment can vary and depend on your business model. If you want to transport food products like milk, vegetables, grains, etc then you can buy or rent a truck. In the other hand for the cab business, the renting and buying cost is totally different
- Small Tata Ace truck cost: 4 Lakh to 5 Lakh
- Cab price like 3.29 Lakh depending on the model
Opening a small gym in the heart of your city is highly profitable. But before jumping right make sure you do your homework in the field. There are various reasons why a startup gym fails.
Firstly, you have to find a good location for your gym. Location plays an important role in the success of a gym.
Secondly, your gyms must have the latest bodybuilding equipment and a certified trainer who can arrange their diets and schedule their training to gain the trust of your customers.
Also, target your potentials costumers and do proper marketing. Yes, marketing is the key to success in this industry.
Investment for the gym:
A small all-rounded gym with moderate facilities and equipment can cost you around 5 lakhs to 7 lakhs depending on the location.
5. Computer institute
A small computer institute mainly focused on kids on is on high demand now. There are many types of computer institutes but I’m talking about an institute that is dedicated only to children.
In that computer institute, you can teach the basics of computers, school projects, and practical demonstration of their books. Additionally, you can later tie-up with a school too
- 300 – 400 square foot apartment – rent approx 15,000 INR/monthly
- 10 computers – 20,000×10 = 2, 00000 INR
- Desk and setup cost approx – 20,000 INR
6. Wheat Processing
Wheat processing or chakki is another profitable business model for Bihar. Starting is simple; you just need a small 20×10 room and a grain processing machine that is highly affordable.
Actually, this business easy and highly profitable but I’m seen many people who wander here and there for business ideas.
A small grain processing machine can process about 100kg grains a day. So if you set up two grains processing unit in 200 square fit area and process about 200kg grains a day:
- Grain processing unit cost: 50,000 INR – 85,000 INR
- 10000 INR for monthly rent, light bill, and maintenance
- 200 kg grains a day = 1,000 INR (5 rupee per kg)
- 1000×30 = 30,000 a month
- Total profit = 30000 INR-10000 INR = 20, 000 INR per month
You can check the price of machines here
If you always wanted to start a food-related business then bakery perfectly fits for you. The starting cost of a bakery depends on many factors like the location, types of products, the salary of staff, etc.
Additionally, there are two ways you can start a bakery. 1) Bake your own goodies and builds your authority 2) Get a franchise of a popular brand and start selling their products. So choose wisely.
Investment for Bakery:
- Deposit: 1 lakh (average)
- Shop Rent: 20,000 per month
- Equipment and setup cost: 1 – 2 lakh
- Salary: 10,000 per month
8. Renting Agency
Renting business easy, you just rent out stuff and charge money in return as simple as that. You can easily start your renting business and the growth opportunity in this sector is huge.
People often required stuff for a few months and they prefer renting it out because buying it will waste their money. So, you can start renting things like furniture, party items, clothes, toys, bike, car, etc.
Generally speaking, the investment can vary upon the type of renting business you want to start.
Suppose you are starting a bike, clothes, and toy renting business:
- 2 Bikes = 50,000×2 = 1, 00000 INR
- 1 Bike Rent 300- 400 INR a day = 300 x30 days = 9,000 monthly
- 2 Bikes = 600/day = 18,000 monthly
Starting a salon is considered the most profitable business opportunity in Bihar. The demand for fancy saloons is very high in Patna, Gaya, Muzaffarpur, etc.
Also, starting a salon is very easy and doesn’t require tons of money for investment. But you need to have expertise in modern hairstyles, gents facial and other grooming things.
Otherwise, you may have to hire a professional hairstylist to boost your revenue.
Initiative investment for the salon:
- Location rent 200 square fit area = 10,000 INR monthly
- Saloon Setup = 50,000 INR
- Grooming items = 50,000 INR
- 1 Professional hairstylist = 15,000 INR /monthly
10. Coaching Institute
In my opinion, the coaching center is the most profitable business opportunity in Bihar. You can easily start a small coaching center in a 10×10 room.
There are a huge amount of people in Bihar that are looking for a good tuition center at affordable fees. Most of them overcharge their students and also fail to provide good quality education.
There are several types of coaching centers that you can start in Bihar
- Primary coaching center
- 10+2 coaching centers
- College-level coaching centers
- Government job training centers
The investment cost is as low as 5000 INR-7000 INR per month for rent and the rest is depend on your grip on the subject or you can utilize your own room too.
11. Pani Puri Stall
Pani puri, puchka, or golgappa whatever you call it. It’s one of the most popular street food among younger.
A small pani puri center is highly profitable if you can actually manage it. There might be a bunch of pani puri stalls in your locality but if you can do a little experiment with your food like offering unlimited pani puris in 100 INR or by making 3 to 5 types of water.
- Food Cart (Thela) = 20,000 INR
- Decoration = 2,000 INR
- Raw Materials = 5,000 INR (for 10 days)
The investment in this business very low compare to any other startup. And you can earn up to 30,000 per month depending upon the sales.
12. Xerox and Printing Shop
Xerox and black and white printing shop is another small but highly profitable and scalable business in Bihar. Just purchase a Xerox and printing machines and you can actually start making money.
But make sure you open this type of store near a college, school court, or a government office to maximize your earning.
- Shop Rent + Deposit = 50,000 INR + 10,000 INR = 60000 INR
- Xerox machine cost = 1, 50000 – 3, 00000 INR Average
- Printing Machine = 11, 000 INR
- Computer = 20, 000 INR
13. Pooja Samagri Shop
A small pooja items shop near a temple is highly beneficial. These types of shops are always in demand and have a potential customer base. And during the festival time, the sales increase up to 500%
Starting a pooja samagri stall is easy but choosing the right location can be difficult. Always try to set your shop in front of a crowded temple for the highest earnings.
- Rent for the area (mainly goes to temple charity)
- Purchase samagri items = 50,000 INR
14. Tailoring Shop
If you are women and looking for business ideas in Bihar then tailoring can be your ideal startup opportunity. Starting this business is simple; you just need basic knowledge of garment stitching and sewing machine.
But if you want to start making dresses then you must have knowledge of cutting, designing, different types of garments, etc
- Sewing Machine cost 6,000 INR 10,000 INR
- Deposit + Shop Rent = 50,000 INR + 10,000 INR
If you don’t have that much investment then you can easily start it with your home as well. Later you can rent a shop and hire a few more hands to increase the revenue.
15. Popcorn Stall
Popcorn is another popular business model on our list. No, I’m not talking about traditional popcorns. Flavored popcorns with a spicy twist are the new demand of the market.
Purchase a small popcorn cart and start selling hot buttery and spicy popcorns. Additionally, you can sell sweet corn too.
- Popcorn Cart = 20,000 INR
- Popcorn Machine = 8,000 INR
- Raw Corns = 2,000 INR
16. Hobby Classes
Teaching dancing, singing, teaching music instruments, painting, etc fall in the hobby coaching business. If you are an expert in any of these fields then you can easily start this business from your home.
Frankly speaking, it doesn’t require much investment. A small room and you are good to go.
Catering is one of the most popular and versatile business models in India. You can start this business with a small to medium range of investment. You can start preparing foods for weddings, corporate parties, birthday parties, or even midday meals.
Additionally, if you do not have prior experience in this field I highly recommend you join an existing catering company to get experience otherwise you may end up wasting your money.
- Kitchen Equipments = 50,000 INR
- Serving Equipments = 20,000 INR
- Professional Chef Salary = 15,000 INR /month
The capital investment in the catering business can vary on the type of business model.
18. Bottled Water Supply
Supplying drinking water bottles in the housing society, corporate areas, and shops is a high profitable business in Bihar. The interesting part is that is costs about 5 rupees to filter a jar of 30 Kg and you get 25 Rs for it.
- Water purifying machine = 13,000 INR – 20,000 INR
- Transportation cost = 10,000 INR (average)
19. Photography & Videography
Passionate about photography? Why not start your own photography. You can start clicking photos and shooting videos for small occasions like pre-wedding shoot, factions, birthday parties, etc
- Professional Camera = 50,000 INR
- Light setup = 20,000
20. Fruit Juice Corner
A small fruit juice corner is a great opportunity for young entrepreneurs in Bihar. Nowadays more people prefer consuming organic and fresh juice over the packed one.
Freshly made seasonal fruit juice is always in high demand. So, starting afresh juice centers in your city can be a profitable venture.
- Shop Deposit = 50,000 INR Average
- Shop Rent 150 square fit area = 10,000 INR
- Style and Decoration = 10,000 INR
- Seasonal Fruits 5,000 INR
If you don’t want to take any risk then the franchise is another option and highly profitable too. There are various types of franchises available but keep in mind that it won’t be cheap.
The investment depends on the type of franchise you are taking. There are tons of franchises available in India and everyone has different franchise charges.
So that was the list of 23 business ideas in Bihar. There are many more business ideas in Bihar that will share with you later. Also, Depending on your financial capability you can select any of the above businesses.