Start Your Own Business in Top-5 Fastest-Growing Industries. Hemodialysis Blood Tubing, Ayurvedic Pain Balm, Chocolate and Confectionery, Solar Panel and Dextrose Saline.

Do you want to begin your own new company? You can start it now. Do not be misled about the choice of the enterprise or market field. Company has their advantages and disadvantages, their best business plans to make profits. It's for which company you're passionate and eager to break it down. Your ability to establish your goal still matters a lot. You should be sufficiently optimistic to apply your skills and meet the obstacles ahead. In addition, let's explore a few small and profitable business concepts that will surely bring positive benefits!

Coming up with a brilliant business idea is just the start of your entrepreneurial journey. The best startup business ideas are critical to the success of your business. People nowadays pursue their passions rather than their careers. They are constantly on the lookout for the best startup business ideas to fuel their passion. They don't want to retire when they're 60 years old. Instead of earning a high salary and living in big cities, they seek happiness index.

Related projects: - Project Reports & Profiles

Millions of people today aspire to start their own company instead of working a conventional 9-to-5 job. During their working lives, the majority of people would chase two or three carriers. Working for yourself is one of the most satisfying things in the world. While running your own company can be challenging, it is rewarding because the effort you put in benefits you individually rather than anyone else.

Related Books: - BOOKS & DATABASES

1. Hemodialysis Blood Tubing

Blood Tubing Sets for Hemodialysis designed specifically to connect patient with an external system that extracts blood of the patient to the dialyzer and reverts patient’s blood from the dialyzer. Consists of 2 Parts: Arterial and Venous line which are used during dialysis with attached fistula and dialyzer.

Books: - BOOKS & DATABASES

Unique chambers are there which reduce foaming, increase air removal and do not trap EPO (Erythropoietin). This helps in ensuring secure machine fit and less incidence of wet out. A single hemodialysis session in India with a new dialyzer can cost between 1800 and 3400 (versus 500 dollars in the USA), while a reuse session would cost between 1600 to 2700.

The cost of single-use hemodiafiltration would range between 3200 and 4500. If there are no-cost constraints, HDF is a preferred option to conventional HD and most big dialysis units in India are progressively increasing the numbers of HDF machines (Nipro/Fresenius).

2. Ayurvedic Pain Balm

A balm is a concentrated, waterless moisturizer that delivers the oil directly to the skin. And because there is no water, there is no need for emulsifiers. Oils blend and beeswax thickens it up. The absence of water also means that balms do not require much preservative, because bacteria cannot grow without water. They are preserved with either essential oils and/or vitamin E.

Balm is touted as a multipurpose product that may be used for a wide range of issues, especially pain. Here are some potential uses:

· Toenail fungus: The active ingredient camphor may treat this type of fungal infection. However, this study was done using Vicks VapoRub, not Balm.

· Back pain: The active ingredients camphor and menthol may help soothe this type of pain.

· Common colds: Menthol may alleviate cold symptoms etc.

Related Videos: Herbs and Herbal Based Products

Ayurveda is an alternative medicine system with historical roots in India. The Indian wellness and ayurveda industries go hand in hand. Ayurveda is globally acclaimed for its preventive healthcare properties and treatment of many chronic lifestyle disorders. The government set up the Ministry of AYUSH (Ayurveda, Yoga, Unani, Siddha and Homoeopathy) in November 2014 to promote the country's indigenous alternative medicines including education and research.

3. Chocolate Confectionery Plant (Milk Chocolate, Dark Chocolate, White Chocolate, Orange & Tangy Flavour Toffee, Citric Flavoured Candies & Chocolate Wafers)

Chocolate is a product that requires complex procedures to produce. The process involves harvesting coca, refining coca to cocoa beans, and shipping the cocoa beans to the manufacturing factory for cleaning, coaching and grinding. These cocoa beans will then be imported or exported to other countries and be transformed into different type of chocolate products

The chocolate and confectionery products industry has traditionally been subject to significant fluctuations in demand. Chocolate products tend to be seasonal in nature, with demand increasing sharply during the holidays. Confectionary products include a wide variety of food items, like – milk chocolate, white chocolate, citric flavor candies, orange flavor candies, tangy flavor candies, hard sweets, fudge, toffee, milk tablet, liquorices, jelly candies, marshmallow peeps, marzipan sweets, divinity, chewing gum, etc.

Cocoa, specifically, the market size (volume) of cocoa was 3,455,622 metric tonnes in 2013 and is estimated to grow at a compounded annual growth rate (CAGR) of 3.1 % from 2014 to 2019. As for the chocolate market, it is projected to grow at a CAGR of 2.3% from 2014 to 2019. By 2019, the world cocoa market is expected be worth about USD 2.1 bn, and the world chocolate market is expected to be worth about USD 131.7 bn.

4. Solar Panel

Solar panel refers either to a photovoltaic module, a solar thermal energy panel, or to a set of solar photovoltaic (PV) modules electrically connected and mounted on a supporting structure. A PV module is a packaged, connected assembly of solar cells. Solar panels can be used as a component of a larger photovoltaic system to generate and supply electricity in commercial and residential applications. Each module is rated by its DC output power under standard test conditions (STC), and typically ranges from 100 to 320 watts. The efficiency of a module determines the area of a module given the same rated output - an 8% efficient 230 watt module will have twice the area of a 16% efficient 230 watt module.

Solar panels can be used to generate a portion of home’s power in order to reduce dependency on traditional power sources. For instance, install panels to provide electricity just for appliances or lighting, to reduce dependency on the utility company, as well as lower bill. Solar modules use light energy (photons) from the sun to generate electricity through the photovoltaic effect. The majority of modules use wafer-based crystalline silicon cells or thin-film cells based on cadmium telluride or silicon. The structural (load carrying) member of a module can either be the top layer or the back layer. Cells must also be protected from mechanical damage and moisture.

Market Research: - Market Research Report

The global solar panel market volume reached 155.5 GW in 2019. A solar panel, also known as a PV panel, is a collection of solar (or photovoltaic) cells that employ natural sunlight to generate electricity. It is made of several solar cells, manufactured using silicon, boron, and phosphorus, which are arranged in a grid-like pattern on the surface. The utilization of solar panels has increased across the globe as they do not lead to any form of pollution and their installation helps in combating the harmful emissions of greenhouse gases. Also, innovations in quantum physics and nanotechnology are projected to increase their effectiveness potentially.

5. Dextrose Saline

Normal saline (NS or N/S) is the commonly used phrase for a solution of 0.90% w/v of NaCl, about 300 mOsm/L or 9.0 g per liter. A less commonly, this solution is referred to as physiological saline or isotonic saline, neither of which is technically accurate. NS is used frequently in intravenous drips (IVs) for patients who cannot take fluids orally and have developed or are in danger of developing dehydration or hypovolemia. For medical purposes, saline is often used to flush wounds and skin abrasions.

Dextrose solution is used during post-operative period when sodium extraction is reduced.

• Dextrose solution with concentration of 10-15% is used as di-urietic for increase in urine flow.

• Dextrose solution of 5% normal salmicis used for restarting fluid volume in circulation of an emergency as in accidents with raemdrrhage.

• Saline solution is used when large amount of sodium has been lost by vomiting or by gastric or intestinal duodenal aspiration or through analimucationfistuala.

The increasing prevalence of chronic diseases is expected to drive the growth of the market. It has been forecasted that cancer will rapidly increase by approximately 70% in the next few decades. As per the World Cancer Research Fund International, stomach cancer is one of the top 5 cancers with 952,000 new cases diagnosed in 2012. These patients are ‘nil by mouth’ and have to rely on total parenteral nutrition (TPN) for survival.

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Introduction

Project Introduction
Project Objective and Strategy
Concise History of the Product
Properties
BIS (Bureau of Indian Standards) Provision & Specification
Uses & Applications

Market Study and Assessment

Current Indian Market Scenario
Present Market Demand and Supply
Estimated Future Market Demand and Forecast
Statistics of Import & Export
Names & Addresses of Existing Units (Present Players)
Market Opportunity

Raw Material

List of Raw Materials
Properties of Raw Materials
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List of Suppliers and Manufacturers

Personnel (Manpower) Requirements

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Plant and Machinery

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Electrification
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Packaging Required
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Infrastructure and Utilities

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Project at a Glance

Assumptions for Profitability workings	Plant Economics
Production Schedule
Land & Building Factory Land & Building Site Development Expenses
Plant & Machinery Indigenous Machineries Other Machineries (Miscellaneous, Laboratory etc.)
Other Fixed Assets Furniture & Fixtures Pre-operative and Preliminary Expenses Technical Knowhow Provision of Contingencies
Working Capital Requirement Per Month Raw Material Packing Material Lab & ETP Chemical Cost Consumable Store
Overheads Required Per Month And Per Annum Utilities & Overheads (Power, Water and Fuel Expenses etc.) Royalty and Other Charges Selling and Distribution Expenses
Salary and Wages	Turnover Per Annum
Share Capital Equity Capital Preference Share Capital
Annexure 1:: Cost of Project and Means of Finance
Annexure 2:: Profitability and Net Cash Accruals Revenue/Income/Realisation Expenses/Cost of Products/Services/Items Gross Profit Financial Charges Total Cost of Sales Net Profit After Taxes Net Cash Accruals
Annexure 3 :: Assessment of Working Capital requirements Current Assets Gross Working. Capital Current Liabilities Net Working Capital Working Note for Calculation of Work-in-process
Annexure 4 :: Sources and Disposition of Funds
Annexure 5 :: Projected Balance Sheets ROI (Average of Fixed Assets) RONW (Average of Share Capital) ROI (Average of Total Assets)
Annexure 6 :: Profitability ratios D.S.C.R Earnings Per Share (EPS) Debt Equity Ratio
Annexure 7 :: Break-Even Analysis Variable Cost & Expenses Semi-Var./Semi-Fixed Exp. Profit Volume Ratio (PVR) Fixed Expenses / Cost B.E.P
Annexure 8 to 11:: Sensitivity Analysis-Price/Volume Resultant N.P.B.T Resultant D.S.C.R Resultant PV Ratio Resultant DER Resultant ROI Resultant BEP
Annexure 12 :: Shareholding Pattern and Stake Status Equity Capital Preference Share Capital
Annexure 13 :: Quantitative Details-Output/Sales/Stocks Determined Capacity P.A of Products/Services Achievable Efficiency/Yield % of Products/Services/Items Net Usable Load/Capacity of Products/Services/Items Expected Sales/ Revenue/ Income of Products/ Services/ Items
Annexure 14 :: Product wise domestic Sales Realisation	Annexure 15 :: Total Raw Material Cost
Annexure 16 :: Raw Material Cost per unit	Annexure 17 :: Total Lab & ETP Chemical Cost
Annexure 18 :: Consumables, Store etc.,	Annexure 19 :: Packing Material Cost
Annexure 20 :: Packing Material Cost Per Unit	Annexure 21 :: Employees Expenses
Annexure 22 :: Fuel Expenses	Annexure 23 :: Power/Electricity Expenses
Annexure 24 :: Royalty & Other Charges	Annexure 25 :: Repairs & Maintenance Exp.
Annexure 26 :: Other Mfg. Expenses	Annexure 27 :: Administration Expenses
Annexure 28 :: Selling Expenses	Annexure 29 :: Depreciation Charges – as per Books (Total)
Annexure 30 :: Depreciation Charges – as per Books (P & M)	Annexure 31 :: Depreciation Charges - As per IT Act WDV (Total)
Annexure 32 :: Depreciation Charges - As per IT Act WDV (P & M)	Annexure 33 :: Interest and Repayment - Term Loans
Annexure 34 :: Tax on Profits	Annexure 35 ::Projected Pay-Back Period And IRR