Distributorship opportunities / Business Opportunities in India

Distributorship opportunities-Business Opportunities in IndiaHow to identify Distributorship opportunities / Business Opportunities in India?

You might be looking for distributorship opportunities to start business in India. However identifying good distributorship opportunity is key for the success of the business. If you can follow a simple procedure, identifying best business opportunities is not difficult. Franchise opportunities are similar to distributorshop opportunities, however as a distributor, you can work for several brands under single roof. In this article, I would help you to identify such opportunities.

How to identify Distributorship opportunities / Business Opportunities in India?

1) List down business opportunities by category or  line of business

If you have some business ideas in your mind, list them by category. It could be Agriculture, Computer Hardware & Software, Transportation etc. But classifying them would help you to see the potential of the business and identifying suitable distributorship opportunities with companies. If you do not know the business ideas, here is the list.

  • Agriculture
  • Apparel & Fashion
  • Automobile
  • Brass Hardware & Components
  • Business Services
  • Chemicals
  • Computer Hardware & Software
  • Construction & Real Estate
  • Consumer Electronics
  • Electronics & Electrical Supplies
  • Energy & Power
  • Environment & Pollution
  • Food & Beverage
  • Furniture
  • Gifts & Crafts
  • Health & Beauty
  • Home Supplies
  • Home Textiles & Furnishings
  • Hospital & Medical Supplies
  • Hotel Supplies & Equipment
  • Industrial Supplies
  • Jewelry & Gemstones
  • Leather & Leather Products
  • Machinery
  • Mineral & Metals
  • Office & School Supplies
  • Packaging & Paper
  • Pipes, Tubes & Fittings
  • Plastics & Products
  • Printing & Publishing
  • Scientific & Laboratory Instruments
  • Security & Protection
  • Sports & Entertainment
  • Telecommunications
  • Textiles & Fabrics
  • Toys
  • Transportation

2) Identify products that suits you: Once you know the list of business opportunities, you should be able to identify the products which suit your need. There are several tips to identify a business suitable to you. If there are some specific products which you are interested in, you can consider them in your short listed items. E.g. if you are interested in solar power equipments, this falls under Energy and Power business model. This is every green business and it would continue to grow in future. You can pick-up such a business model.

3) Identify business opportunity within your budget: Once you shortlist the products, you should choose a few opportunities which are within your budget. In few cases you may need to go to banks for loans, that’s ok, but see that they are within your limits. You want you can check on how to test a business idea whether it would work for you or not.

4) Scope of distributorship opportunity: Several companies would not go on any boundary when giving distributorship opportunity, hence you should be little careful while placing them. It should not be like you are taking business opportunities for more than one state in India and you would struggle to manage them. Understand the scope and consider such opportunity.

5) Reputed company Vs Startup company: When you take  up such business opportunity, one thing would come to our mind is whether we need to go for reputed company business opportunity or startup company opportunity. Reputed companies would charge higher fees and give low discounts, hence your margins would be lower. However since the brand is already established, marketing of their products is easy. On the other hand, start-up companies would help you with huge discounts, margins would be very high. As the brand is not yet established, you would get lower sales and marketing of products would be a big challenge. Identifying intermediary companies which are well established, but giving high discounts would be a good idea.

Is there any simpler way to identify distributorship opportunities other than going through above process?

Every entrepreneur who wants to explore distributorship opportunities should undergo above process to get a complete picture of the business model. You can get help from specialists who would provide expert opinions for such business model. You can explore various websites listed here which would help you to work through the above procedure. Some of them are free of cost, but some would charge you.

  • Getdistributors.com
  • Franchiseindia.com
  • Smallb.in
  • Franchisemarg.in
  • Franchiseindia.net
  • Franchiseexpo.in
  • Franchisedeal.in

I wish you all the best in choosing one of the distributorship opportunities.

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Team – Allbusinessideas.com
Distributorship opportunities / Business Opportunities in India