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Are you looking for the best small business ideas in Manipur? Read on to find a list of top profitable franchise business opportunities in Imphal, Manipur. The list will help you in getting a direction towards your business set up in Manipur.
Imphal is the capital city of India’s most north state Manipur. Actually, the state acts as India’s “Gateway to the East” through Moreh and Tamu towns. The neighboring states are Nagaland, Mizoram, and Assam. It is the land route for trade between India and Burma and other Southeast Asian countries.
Manipur has the highest number of handicrafts units and the highest number of craftspersons in the northeastern region of India. Primarily, the agriculture, forestry, cottage, and trading are the major important segments in the state’s economy.
Here in this article, we intend to provide 10 best business ideas in Manipur according to the economic factors and market trends.
Top 10 Small Business Ideas in Manipur
#1. Bakery Business
Actually, the bakery is a traditional business in India. Also, it’s a low-cost business that can ensure moderate to high return. Currently, you can find a lot of reputed bakery brands that are providing franchise opportunities to the entrepreneurs.
Regardless you start your own brand or franchise, you will need to have the startup investment capacity. Also, you will need to have a retail location. Find here Best Bakery & Confectionery (Cake Shop) Franchise Opportunities.
#2. Computer Training Institute
Starting a computer training institute can be a profitable business in Manipur. The only criteria are you have to be knowledgeable enough about computers and the internet.
In the current digital era, computer education is a basic need for every individual. Also, the specialized courses have huge job potential. Some of the popular job oriented courses are animation, digital marketing, web designing, graphic designing etc. Go through to get Top 10 Computer Institute Franchise Opportunities in India.
#3. Courier Service
Nowadays, the courier is an essential service not only for the domestic but also business purpose. Due to the growth of the eCommerce in India, the demand for responsible courier service has grown exponentially.
If you want to start a business in the service industry, you can definitely consider opening a courier company in Manipur. The business is easy to start. And you can find a lot of national courier brands who offer franchise opportunity here. To get more, follow Top 10 Courier Service Franchise
#4. Fast Food Stall
Manipur is a popular tourist destination having waterfalls, hills, valleys, natural caves, and ecotourism. So, it’s a perfect location for starting a fast food business here. However, you must select the menu according to the demand of the local people.
Depending on your investment capacity, you can open the business in two ways. One is a fine dining restaurant and another is ‘Take Away Only’ service. If you want to open the fast food business as a franchise partner of a reputed brand, check Top Fast Food Franchise Businesses in India.
#5. Kirana Shop
The grocery store or Kirana shop is a traditional business in India. Also, the business requires a small startup investment. However, in urban areas and even small towns, people prefer to buy daily necessary items from supermarkets or malls. Hence, this type of business model ensures good profits.
It’s an easy business to start. However, you can also consider starting the business as a franchise partner of a reputed brand.
#6. Medical Store or Pharmacy
As such any location is perfect for opening a drug store or pharmacy. The pharmacy business is growing rapidly in India. Moreover, this is the only area which is always in motion. It does not get affected by the economic cycles.
Apart from starting your own brand, you can find a lot of renowned companies are providing franchise opportunity in Manipur. To know more, go through the Top Popular Pharmacy Franchise Business Opportunities in India.
#7. Mobile Selling
Due to the huge availability of budget smartphones and mid-range smartphones, the overall smartphone sale has increased significantly. In this scenario, opening a smartphone shop with accessories is a lucrative opportunity for new entrepreneurs.
Broadly, you can open the store in two ways. The first option is opening a store with a multibrand availability and the other is opening a smartphone brand store. Some of the most popular brand store opportunities are Samsung, Xiaomi, Oppo, Vivo etc. To know more, follow Top Mobile Franchise Business Opportunities in India.
#8. Momo Business
Basically, momo is a north Indian food. Also, the Manipuris love to eat momo. Starting a momo business is a wonderful option for entrepreneurs who want to start a low-cost food business. Currently, there are four options available in the momo retailing industry. These are momo delivery, momo QSR (Quick Service Restaurant), momo kiosk and momo in the vending machine.
Though a street-side stall ensures a good return, a restaurant-style momo business definitely provides more profit revenue. Find here, Best Momo Franchise Opportunities in India.
Starting a preschool business is actually contributing towards building your nation for future. If you are passionate about teaching especially to kids buying a preschool franchise is a very good option. However, if you don’t enjoy spending time with children, never try this business.
Currently, the preschool franchise is the better option than opening your own brand. You can avail plenty of benefits including marketing support, local promotion, staff training etc. Find here Top Profitable Preschool Franchise Business Opportunities in India.
#10. Travel Agency
In Manipur, the tourist season is from October to February when it is often sunny without being hot and humid. Also, people visit the state more often for professional reasons too. So, the state has a good potential for starting a travel agency business here.
Starting a travel business requires skill and expertise. If you don’t have any previous experience, and you still want to start the business, consider opening as a franchise partner of a reputed travel company. For more info, follow Best Travel Franchise Business Opportunities in India.
We hope, this list og top 10 profitable business ideas in Manipur will help you in making an informed decision towards starting your own venture.