Business Ideas: India has been ranked the fourth most powerful military power in the world according to the Global Fire Power Index 2017. The youth of our country never lag behind in helping no matter what kind of problem is there.
So, Friends, if you talk about business, today we will talk about the business for the Ex-Army Man that which business can do and what is the opportunity in the business sector for military persons.
What business can ex-servicemen do
Our army man thinks of doing business after retirement, but doesn’t know which business fruitful for them, this is a big question for them. In this article, we will tell you what business to do after retirement.
1. Open a sports defence Academy business Ideas
As the army recruitment comes, many students who are interested to join army they starts preparing, but sometimes the students are not able to pass the recruitment because they do not get trained.
If you are an ex-serviceman or an X-Army, you can open a sports defence academy and train the students well to give the right knowledge, physical training who wants to go to the army or participate in sports.
You can successfully prepare for the physical, medical and written examinations at your defence academy and coach the economically weaker children at the lowest cost. You can prepare for Army GD, BSF, Nursing, Clerk, SSC GD, Technical, CRPF, ITBP, AR, SSB, RPF and State Police etc. In defense academy, you can guide people by staying together or you can also give online coaching and you can do good business.
- Startup Costs: 50,000 – 20,00,000
- Home Based: No
- Part Time: Yes, you can do part-time too.
- Online Operation: Yes
2. Business Ideas for Natural farming
Natural farming is a great job in today’s time. Good food is also essential for health.
Only the cultivation of cow dung and urine in which they do not use the food and poisonous medicine is called natural farming.
After retirement, if you want to stay in a place of peace and do business together, then the business of natural farming is perfect for you.
Natural farming is also called zero budget farming in which cultivation is done without investing. If you have a native cow, you can cultivate up to 30 acres.
- Startup Costs: 0
- Home Based: No
- Part-Time: No
- Online Operation: No
- Requirement: A cow (which will also help in animal husbandry)
3. Self-Defense Training Business Ideas
Nowadays, in our country also, incidents like physical abuse, theft, assault and rape are on the rise. Parents are afraid of going out of school, college or somewhere alone.
But you can solve their problems if you can open a self-defense training center and teach students and girl students the tricks of self-defense by training them in kung-fu taekwondo and different martial arts.
If you are from the retired army, it may be easier for you to give self-defense training and it is one of the best professions for a retired army man.
- Startup Costs: From 10 to 20 Lakhs
- Home Based: No
- Part-Time: Yes
- Online Operation: Yes
4. Private Security Agency Business Ideas
A private security agency is a business where there is more profit in front of the investment. For those who are ex-servicemen, it is a perfect business, because those people have a lot of experience in this field.
If you have to start, then there is no need to open a big agency by making increased investment, you can start it on a small scale and also at a lower cost.
In today’s time, the demand for security personnel is increasing in big cities as well as in small towns, there is no risk in this business and profits are high.
Private security agencies have to do the necessary documents and licenses in the business, let’s see.
- Register security firm: The firm/company can be registered in 3 ways. (Proprietorship, Partnership, Private limited)
- GST registration
- ESI (Employee State Insurance) Registration
- PF (Provident Fund) Registration
- PSARA License: Issued under the Private Security Agency Regulation Act, 2005, it is also known as PSARA.
5. Poultry Farming Business Ideas
If you live in a rural area, then this is the best business idea for you for a retired army man. If you can’t do it by yourself after retirement, then you can do this business by keeping one, two or even employees according to the need.
In today’s time, the demand for chickens is increasing because the number of people who eat meat and eggs is also increasing very fast. In such a situation, you can do this poultry business and the profit is also good in it.
- Startup Costs: From 1.5 lakh to 2 lakh
- Home Based: No
- Part-Time: No
- Online Operation: No
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