Hai I am ready to invest Rs.2 lakhs please suggest some ideas for starting business in automobile field?

I am ready to invest Rs.2 lakhs in this business since iam interested in automobile field. I would like to start business in this field please suggest me some ideas for starting business in automobile field with this investment and also suggest what are the steps to be followed and what are the precautions should i take to avoid loss in the business. It would be very helpful for me if you advice me as early as possible. Please suggest also the ideas for starting the travel business and what is the investment needed for that business.

for automobile business, investment of Rs.2.00 lacs , in modern times is peanuts..

You have to consider good location, shop building out right purchase of on lease..
furniture,
inventory.
your experience in getting good supplier who give genuine parts and also have good margin, your ability to have maximum credit period from supplier and fast cash flow from customers...

there are Trucks, Cars, three wheelers two wheelers .. which parts you will keep and how much inventory you will keep

You need a counter sales man. office boys, computer , clerks

How will you give them wages .. all these has to be thought out before embarking upon the Automobile business..

If you can manage 20 lacs loan against your 2 lacs cash deposit from any bank . then you Willl have good capital and you need to submit your proposal to bank giving them your business plan and security, reference of your friends who wil stand surety to you..

Profits also do not come immediately .. there you have to wait for gestation period .. you have to be vigilant on Cash outflow.. otherwise many Relatives will be happy to participate in your Venture and enjoy with you.. but when annual account closing comes. your firm will show what is your profit or loss..

believe me i had this plans long time back .iam a mechanical engineer also done my amie from chennai working in kuwait in a top american firm for past 11 years in a good position,well i have got ideas had plans this way
about 4years back .once you get a good ideas from people
let me know .send me you email address if you want to

Hi
Any business is mixure of opportuinity and risk.

First of all u must study and analyse the opportuinity available in the market in the form of Who are or will be yopur customers and what product u can offer and the payment system in the market .
See if the goods are being sold in the market on credit , your fund cycle need more liquidity for cash cycle .
When u have completed your study about the opportuinity than assess your risk in the market . selling is very easy job unless and until you are paid for. A credit sale is blunder and bring loss by way of bad debts as well .
Without completing your study if u put your liquid funds in any business if will be very difficult to undo the loss at any point of time. U buy shop and furniture which can not be sold back if u want to change the business plan.
But still you fell the opportunity I can suggest to have a tyre shoppe for car, scooter and truck of all the reputed company. Of course u may get support from the company and the speciality is that u may able to sld your stock any time u want and these products are ostly sold in cash and no specific furniture is required except only few tools . But if u could arrange more funds than u may have wheel alianment machine for the cars .
You may add the auto parts shop or maruti authorised service station as well .

Hope this help

Contact with your detailed Bio-data & brief family profile
<IAAI-Gyantec@lycos.com>

Dear your having money to invest in Automobiles it's good.
But their for you have to be good relation in local market.
Because you are have very little amount to invest.
So get start with small trading.