There is no perfect age to start a business. The best part of becoming a businessman is that age and experience is never a barrier; rather, it is an advantage.
Every year hundreds of people retire from the army, some of whom feel like enjoying their time with their family and take up jobs, while others feel like starting their own venture.
For those aspiring business folk, retirement is just another chance to start their dream business because they have done their bit and could now use their vast experience and expertise towards the betterment of the community at large.
Since setting up a business demands a lot of legwork and assistance for laying down the foundation of the business, it is always a better idea to either take up franchise or partner with a renowned business.
Here are some of the best business ideas to start for the veteran:
Florist Business: Even though a florist business might sound trivial, it has a huge demand in metro cities, where everyday birthdays, anniversaries and other events like launches and farewells are celebrated and fresh flowers are ordered from large corporate houses.
Often we neglect the business idea but brands like Ferns n Petals have been successful because they did not assume the idea was small. Now, Ferns n Petals have also entered into space of wedding destinations as well; because of the business skyrockets during the wedding seasons.
Automobile Business: Those veterans who are really interested into automobile sector can take up a franchise of the renowned brands like Mahindra First Choice, Apollo Tyres and 3M Car Care, which offers varied options of dealing with automobiles like car washing, car repair or selling of second-hand cars.
One who has either interest in this sector or who understands the sector can really soar high in this business. This business is in high demand, especially in metros and other big cities.
Education and Training Business: Any business requires discipline and sincerity when it comes to success and veterans are known for being disciplined all their lives. Educational institutes and training institutes cannot be run with the lack of discipline in them.
Thus, taking up a franchise of educational institutions like the Doon School, where they offer residential options for the students is the best option. The preschool brands like Eurokids, Kidzee, Jaipuria, and Shanti Juniors, where children begin their educational journey in the formative years of life, instilling discipline and making them prepared for the future challenges, can be the best franchise option for the veterans.
Cleaning Business: The cleaning business like dry cleaning, house cleaning, and garden cleaning are high in demand today because when the partners of the same family are working they have less time to do these jobs. However, they find it easier to pay and get these chores done rather taking out time from their busy schedules.
Brands like UClean and HiCare are offering franchises for those who want to work in this segment with them in any city or town in India.
Property Service: When the population keeps shifting in search of a job to places, they leave behind their property, which they want should be taken care of. Thus, this is also a good business idea to start as a venture, where a veteran can take care of the property from trespassers or illegal invasions. The investment required for this business would not be much but the profits will be good.