26 Great Business Ideas to Start in 2024

Business Idea For This Year: You have appeared in front of people again with a brilliant business idea to earn lakhs sitting at home. After doing deep research, we found that this business can prove to be very good for those people who want to start their own new business and earn good money. Dreaming big about . So today’s article is going to be special for those people only. If you also want to start a business, then read the article till the end.

Business Idea For This Year:- Don't think, just start. Income starts from day one

Start a new business today

At present, this is one of the most profitable businesses in the market and if you start this business secretly even in a street, there will be a queue of customers. Let us know in detail how much profit you are going to make in this business and how to start this business.

Different ideas regarding business keep coming in the mind of all the people but many of them fail because they are not long term business. But this business which we are going to tell you is one of the businesses that has been going on for centuries. The name of this business is Bakery Item Making Business. Let us know how to start this business which gives profit of lakhs of rupees.

best selling item in the market


People are buying a lot of pizza, burgers, pastries, hot dogs, sandwiches etc. In such a situation, if you start a new business by making these fast food bases, then believe me you will start earning good money. Nowadays, everyone likes fast food and if you make them and sell them on wholesale scale in big shops, then you Will earn great money.

This item will sell well


To prepare the raw ingredients of fast food, you will need wheat flour, living agent, salt, sugar, refined oil, ghee, milk and vitamins, some creams. If you start a factory to prepare fast food bases, you will also need some small machines, but overall you can start this business in less money.

Business with 70% profit margin

Now if we talk about profit, there is a profit margin of about 60 to 70% in this business and this item is one of the items that is sold day and night, so even if you sell a normal amount of ₹ 5000 a day, then You can earn from less than ₹ 3000 to ₹ 3500 from this work.

Minimum of ₹90000 per month

If we talk about monthly profit, then you can earn at least ₹ 90000 in this bakery item making business and if you supply goods from your factory to all the surrounding areas, then this earning will not take long to bring in lakhs of rupees. .

FAQ

How profitable is the burger business?

Generally, a profit margin of 10% to 15% is considered healthy for a restaurant business.

What is a good profit margin?

As a rule of thumb, 5% is a low margin, 10% is a healthy margin, and 20% is a high margin.

What is the impact on gross profit margin?

Gross profit margin (GPM) is the percentage of revenue that is actual profit before adjusting for operating costs such as marketing, overhead, and salaries. The two factors that determine gross profit margin are revenue and cost of goods sold (COGS). COGS is what it directly costs a company to produce a product.

Why is fast food good for business?

A lot has to do with its selling point. Fast food chains sell convenience and taste. Half of its success depends on the marketing strategy that fast food companies choose to adopt. Convenience is a major selling point for fast food chains.

Why do people like fast food?

One of the main reasons for the popularity of fast food is the convenience factor. Instead of spending time preparing meals in your kitchen and at the grocery store, you can spend just a few minutes at a fast food restaurant and get a complete meal.

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