What if I want to start a business; which do you think would be an area to venture? Any innovative ideas?
Create apps for society security management. Usually mid sized society pays around 5-10k yearly for similar apps. So if we see demography around 1.3 lakhs societies are registered in Maharashtra. So calculating by 5k it is around 65 Cr Market in Maharastra itself. Let's say if you capture 1% market with 50% margin it will be around 30-35 lpa
What does these app provide you with?
Security Management is different for each sector, but basic or most of the part remain same. For housing societies, the security guard will take a photo, phone number, vehicle number and will ping the relative of the visitor before entering gate. For Companies or Offices it will be different such as taking the photo of appointment letter, etc.
Hey everyone,
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