Small side business you can start today

SOCIAL MEDIA ASSISTANCE SERVICE

We have previously talked about how big social media is for big and small businesses both. This kind of business is merely an extension of how well you know your social networks and how best to use them for business clients. Under this service, you could be doing ghost-writing for businesses, posting on their blogs, Facebook, LinkedIn and twitter accounts. You could also actively monitor the networks for mentions of your client and manage them accordingly

Seed capital: Rs.10,000

Can be started from home? Yes

ROI period: 6 months

Resources: You should know your social networks. Guides on how to effectively use social media for businesses are available online. Social media workshops have also begun in Indian cities

Expected revenues: Rs.15 lakh (5 years); Rs.50 lakh (10 years)

Office requirements: One 10×10 room as office space, laptop (with internet), phone, printer, fax, own stationery (visiting cards + letterheads)

Licensing and permissions: You will need a specific permission on running a commercial business out of your home from your local authority