Best Work from Home Business for House Wives – Housewives are always smart and looking for opportunities to add some valuable income to their household expenditures. They are always in search of the best business ideas where they can engage themselves part-time at home and at the same time can take care of their kids. We in India always look after them as a savior who can work in multiple ways to care for us, our home, and our kids, and at the same time contribute to the income of the households. Housewives have proven themselves in this direction too.
Many housewives are not highly educated or they may not have the privilege to join a corporate and working from home. It becomes challenging for them to search for opportunities where they can engage themselves. Once kids are grown up, they want to engage themselves in productive work and at the same time can contribute to their household income.
We endeavor to share some unique business ideas that a house wife can do easily at home. We will publish a series of women’s business ideas through different articles over the coming months. In these articles, we will share unique startup ideas with the practical experience of housewives those who are in these businesses for quite some time. They have been earning a decent amount of income from this business. I am sure you will enjoy these articles. Please share your comments in the comment section so that we can work together.
Best Work from Home Business for House Wives
Many businesses are trending now. We have discussed on cosmetics business and start-up gym business in other articles. One of the business ideas for housewives in India is a bakery and confectionery business at home. This is a unique business that a housewife can start at home as a part-timer and can earn a decent amount of income. We will discuss this in detail below.
Women business ideas: Bakery and Confectionery Business
Starting your own business for a woman is most satisfactory. As a housewife, one is doing multiple things at home. But at the same time if a woman is doing her business at home to boost the overall household income, it is more satisfactory than anything else. This boosts confidence among housewives and gives a self-fulfillment in their life. Starting a bakery and confectionery business is one such business that has a lot of potentials to scale up in the long run.
The demand for bakery and confectionery has been increasing with the increasing number of working-class women. The Indian bakery market is estimated to grow at a CAGR of 8.5% between 2021 and 2026. However, the competition is also tough in this business. However, profit in this business depends on the location of the business, the quality of the product, and the demand in that location. If you offer good quality products, you can bite the competition. I have seen many women getting orders over the phone and delivering products to get a decent profit. Let us discuss this in detail below.
How to start the bakery and confectionery business in India
The first step to starting any business is to decide about the business. Once you decided to start the bakery and confectionery business, you overcome the first step. However, I would suggest you take formal training before investing in the business.
Learn from the expert with Diploma in Bakery and Confectionery business course:
Before starting any business, it is important to understand the basics of that industry and the small components of the bakery and confectionery business. Before starting take formal training from a professional. Again, it is important to be trained so that you can offer unique products so that people would love to come over to your bakery.
You can search for the course fee of the above training program online. Many private trainers are offering these training services with a certificate from a university. In Pune, where we researched this business, training is available at the cost of Rs 15000. The duration of the course is about 30 days and one will have practical knowledge along with business acumen after this course. One can also go for a one year course from a better university available in India. But the cost of bakery and confectionery business course will be higher.
Find a better location in your city for bakery and confectionery business
After the training, location is the most important part of bakery and confectionery business. Conduct some market study before starting the business. Before finalizing the location, understand your target customer in that location. What is the total population size, working women, local culture, and taste? This study is important to understand the preference of your target customers. If most people are celebrating their birthday, anniversary, etc. it is better for your business.
Preferably, small and growing cities are better places to start the business, where it will be easier to target your customers. Pune, Bhubaneswar, Raipur, Ranchi, etc are growing cities where one can start this business even from home.
Business model – Franchise or your brand
Though it will take some time to establish your brand, I would prefer to start your brand. Once you start offering better products with good quality, you can slowly start establishing your brand. At a later stage, you may scale up your business.
On the other hand, one does not have to spend time and money to create the brand in the case of a franchise business. However, the investment will be more in the case of a franchise business and you do not have to be an expert.
How much investment is required in a bakery and confectionery business in India?
Since we are planning to start the business from home, there will be a very low investment. Apart from the training cost, there will be material costs and machinery costs. To start with from home, the total investment will be around 1-3 lakhs depending on the machinery and its brand. The major machinery cost will be the oven. Without the oven, the cost will significantly reduce to less than 1 lakhs.
One can do marketing of the products through WhatsApp, Instagram, and telegram groups. Word of mouth is the best marketing strategy in this business. Maintain the quality of the product to attract and retain customers.
The bakery and confectionery business is one of the best work-from-home Businesses for housewives. The investment is lower with higher profit as compared to other businesses. One can work from home in her comfort and still can earn a decent amount regularly. With an investment of 50000 to 1 lakh, one can earn 20-25% profit while working from home. Before jumping into the business a proper assessment of the business is advisable. Please do share your thoughts about it and share your comments in the below comment box.
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