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Amit

Amit Grover  | Answer  |Ask -

Answered on Feb 08, 2012

ANURAG Question by ANURAG on Feb 08, 2012Hindi
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Gud after noon sir, after completing CA, I m into practice but I want to be an enterprenuer, which type of business should I start?

Ans: Any business that does justice to your passion. Technology, education, healthcare etc. are all having opportunities for you.
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Harsh

Harsh Bharwani  | Answer  |Ask -

Entrepreneurship Expert - Answered on Oct 19, 2023

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I worked almost for 24 years in sales & marketing deptt.of various leading multinationals like Glaxo,AkzoNobel,ICI Dulux,Lupin and national like Sintex Ind,Vinod Denim.I was star performer but never ever ventured into personal business.I have prepared number of projects for companies and MBA holder.Please advise which business I should start?
Ans: Starting a new business is a significant decision, and it should align with your skills, interests, and financial capabilities. Since you have extensive experience in sales and marketing and have prepared numerous projects for companies, you have a strong background that can be leveraged to your advantage. Here are some steps to help you decide which business to start:

Self-Assessment:

Reflect on your passions, interests, and hobbies. Starting a business in a field you are passionate about can be more fulfilling.
Consider your strengths and skills, including your sales and marketing expertise.
Evaluate your financial situation and determine your budget for starting a business.
Market Research:

Conduct market research to identify industries and niches that have growth potential and align with your expertise.
Look for gaps or unmet needs in the market that your skills and experience can address.
Identify Opportunities:

Consider opportunities in your local area or industries that are experiencing growth.
Explore the possibility of consulting or offering services based on your expertise in sales and marketing.
Business Plan:

Develop a detailed business plan that outlines your business idea, target market, competition, financial projections, and marketing strategy.
Assess the feasibility and potential profitability of your business idea.
Networking:

Leverage your professional network and industry contacts to explore potential partnerships or collaborations.
Seek advice from mentors or experienced entrepreneurs who can provide valuable insights.
Validate Your Idea:

Before fully committing, consider testing your business idea on a smaller scale or conducting a pilot project to validate demand.
Evaluate Risk Tolerance:

Assess your risk tolerance and consider how comfortable you are with the potential challenges and uncertainties of entrepreneurship.
Legal and Regulatory Considerations:

Research the legal and regulatory requirements for starting a business in your area, including licenses, permits, and taxes.
Start Small:

It's often advisable to start small and gradually scale your business as you gain experience and confidence.
Seek Professional Advice:

Consult with business advisors, accountants, and legal experts to ensure you have a solid foundation for your business.
Ultimately, the business you choose to start should align with your skills, interests, and goals. Given your background in sales and marketing, you may consider starting a consulting firm or offering marketing services to small businesses. Remember that entrepreneurship can be challenging, but with the right planning and dedication, it can also be a rewarding journey.

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Harsh

Harsh Bharwani  | Answer  |Ask -

Entrepreneurship Expert - Answered on Oct 19, 2023

Asked by Anonymous - Oct 11, 2023Hindi
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Hi, I am a Chartered Accountant by profession having more than 20 years of corporate experience, I have a burnt desire to establish my own venture. I can invest up to Rs 1 Cr. Could you please suggest me what kind of business i should go for. I don't want to go for conventional audit or accounting firm. Could you please share few ideas to see the growing make in India market in line with vision development by 2047 Thank you!
Ans: Certainly, to suggest a business idea, it's helpful to consider your interests, skills, and resources. Here are a few business ideas across different sectors that you might consider:

Online Retail Store: If you have a passion for a particular niche, consider starting an online store. E-commerce is a growing industry, and you can sell products related to your interests.

Consulting or Freelancing: If you have expertise in a specific field, consider offering consulting or freelancing services. This can include areas like marketing, finance, IT, or any skill you possess.

Food Business: If you enjoy cooking or have a unique food product, you could start a food business. Options include a food truck, catering service, or selling specialty food products online.

Health and Wellness: With the increasing focus on health and wellness, you could start a business related to fitness training, nutrition coaching, or wellness products.

Educational Services: Since you work in an educational institute, you might consider starting a tutoring center, offering exam preparation courses, or creating educational content online.

Technology Services: If you're tech-savvy, you could offer services like website development, app development, or IT support.

Event Planning: Event planning can be a rewarding business if you have good organizational skills. You could specialize in weddings, corporate events, or other types of gatherings.

Content Creation: If you have a talent for writing, graphic design, or video production, consider offering content creation services. This can be for businesses, bloggers, or social media influencers.

Handmade Crafts and Art: If you're skilled in crafts or art, you can sell your creations online or at local craft fairs.

Real Estate: If you have knowledge of the local real estate market, you could become a real estate agent or start a property management company.

Subscription Box Service: Create a subscription box with curated products related to a specific theme or niche.

Eco-Friendly Business: Consider starting a business focused on eco-friendly products or services. This can include eco-friendly cleaning products, reusable items, or green energy solutions.

Pet Services: If you love animals, consider a business related to pets, such as a pet grooming service, pet-sitting, or an online pet store.

Local Farming or Gardening: If you have space, you can start a small farm or garden and sell produce or plants locally.

Social Media Management: If you're skilled in social media, offer social media management services to businesses looking to improve their online presence.

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Latest Questions
Nayagam P

Nayagam P P  |7452 Answers  |Ask -

Career Counsellor - Answered on Jun 30, 2025

Career
My Daughter got Mtech integrated Course Software Engineering in VIT Vellore & Amrita Chennai CSE, WHICH ONE' IS BETTER FOR FUTURE
Ans: Kandasamy Sir, VIT Vellore’s five-year Integrated M.Tech (Software Engineering) confers a dual bachelor–master credential, blends advanced software-design coursework with mandatory semester-long industry internships, and feeds directly into the institute’s high-volume placement ecosystem: 409 recruiters made 10,458 offers to the 2025 batch and 80–90% of previous Software-Engineering cohorts were placed in full-stack, data and DevOps roles. VIT is ranked 11th nationwide in Engineering by NIRF 2024 and remains the highest-placed private engineering university, with A++ NAAC status and a 200-acre tech-rich campus hosting 60+ specialised coding and cloud labs. Amrita Vishwa Vidyapeetham’s Chennai campus delivers a four-year BTech in CSE whose AI-infused syllabus aligns with ACM guidelines, taught by faculty averaging eight SCI publications each; it holds the same NAAC A++ grade, sits 7th in NIRF-University 2024, and operates 35 research centres focusing on cybersecurity, IoT and edge analytics. CSE graduates there enjoy 95–97% placement with Amazon, IBM, Microsoft and Cisco, and the campus reports a recent average package of roughly ?9 lakh. Both institutions tick the five critical boxes—strong accreditation, updated curriculum, research-active faculty, modern infrastructure and ≥80% placement pipelines—yet differ in degree duration, ranking weight and campus scale.

Recommendation: Select VIT Vellore Integrated M.Tech if a seamless five-year path to dual degrees, larger recruiter pool and higher national engineering rank appeal; choose Amrita Chennai CSE when a shorter four-year course, slightly stronger placement percentage, and a top-10 university environment anchored in intensive research are preferred for quicker industry entry. All the BEST for the Admission & a Prosperous Future!

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Nayagam P

Nayagam P P  |7452 Answers  |Ask -

Career Counsellor - Answered on Jun 30, 2025

Career
My EWS rent is 34768 and CRL rank is 2.4 lakh something can I get any seat in dosa in the NIT or it CSC ECE or IT branch I am from Uttar Pradesh please suggest best colleges for me
Ans: Akanksha, With an EWS rank of 34,768 and CRL rank of approximately 2.4 lakh, your admission prospects in NITs for Computer Science, ECE, or IT branches remain extremely limited but not entirely impossible for certain opportunities through JoSAA and CSAB special rounds. NIT admission chances are minimal as most NITs close EWS category admissions for popular branches like Computer Science below 20,000-25,000 ranks. The EWS cutoffs for top NITs show NIT Trichy CSE closing at 3,200, NIT Warangal ECE at 2,500, and NIT Surathkal Mechanical Engineering at 13,000, making your rank 34,768 significantly outside these competitive thresholds. However, IIIT admission remains moderately viable with institutions like IIIT Bhagalpur CSE (expected cutoff 34,000-34,550), IIIT Kalyani CSE (34,200-34,650), IIIT Agartala (33,500-33,850), and IIIT Raichur (28,900-29,450) falling within or near your EWS rank range. GFTI opportunities provide the most realistic pathway with Computer Science and Electronics branches closing between 25,000-50,000 ranks, while Assam University CSE shows EWS cutoff at 6,995-7,753 indicating potential seats in later rounds. Essential institutional quality aspects include qualified faculty with industry experience and advanced degrees, robust infrastructure featuring modern laboratories and comprehensive technical resources, strong industry partnerships facilitating internship and placement opportunities exceeding 70% rates, accredited curriculum aligned with NBA and NAAC standards providing regular updates matching industry requirements, and comprehensive placement cells offering career guidance supported by active alumni networks. Top 10 private college options include Amity University Noida (NIRF rank 31, accepting 85-90+ percentile for CSE with established placement records), Galgotias University (NIRF rank 101-150, strong placement infrastructure), JIIT Noida (NIRF rank 101-150, specialized IT focus with 90-100% placement rates), Noida Institute of Engineering Technology NIET (NIRF rank 101-150, solid engineering programs), Sharda University Greater Noida, KIET Group of Institutions Ghaziabad, GL Bajaj Institute of Technology, AKG Engineering College Ghaziabad, JSS Academy of Technical Education Noida, and ABES Engineering College Ghaziabad offering comprehensive engineering education with fees ranging ?2-6 lakhs annually and placement rates between 70-90%.

Recommendation: Participate actively in all JoSAA rounds and CSAB special rounds targeting IIIT Bhagalpur, IIIT Kalyani, or IIIT Agartala for CSE/ECE admission opportunities; focus on GFTI institutions like Assam University through later counselling rounds; simultaneously secure admission at reputable private colleges like Amity University Noida, JIIT Noida, or Galgotias University for guaranteed quality engineering education with strong placement records and comprehensive industry exposure. All the BEST for the Admission & a Prosperous Future!

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Dr Dipankar

Dr Dipankar Dutta  |1661 Answers  |Ask -

Tech Careers and Skill Development Expert - Answered on Jun 29, 2025

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