How to get a home loan in Bangladesh

Want a home loan to buy a flat? Know where and how to get a home loan in Bangladesh.

Home loan or loan for buying a flat, has made solving the housing problem of people much easier. Housing is one of the basic human needs. People spend most of their money to fulfill these needs. Many people fail to build a house even with their entire lifetime earnings. But meeting the needs of the person depends a lot on his ability. It is almost impossible for many to build a house in an area that ensures all the comforts of living. But while building a house is impossible, owning a flat is not too impossible. Even if you don't have enough cash, you can own a flat.

Maybe wondering how is this possible? Yes, there are many real estate companies working to fulfill this dream. They are constructing multi-storied buildings to solve the housing problems of the people of the country. Selling flat. Developer companies are also keeping the demand and capacity in mind while constructing buildings or flats. Real estate companies are even providing loans to buy flats on easy terms. In this regard, Dom-Ino Developments is playing a leading role.

Do you want to buy a flat from Dom-ino with a loan ? But know what to do to get a home loan to buy a flat in Dhaka.

What to do to get a loan to buy a flat?

You can own a flat without cash. Even in Dhaka again! But you have to follow some rules and conditions. Only then the process of buying a flat will be accelerated. Even if there is only good will to comply with the conditions, it may not happen. Must have some qualifications. Let's see what rules or conditions you have to fulfill to get a home loan:

1. There should be a secure income system.

2. Must have salary certificate. It should be noted that the monthly salary should be at least 40 thousand taka.

3. Any other source of income will also require a certificate. Such as house rent, shop rent, business etc. It is good to say that these records should be submitted to the bank or loan institution every month.

4. CIB report issued by Bangladesh Bank is required to be submitted.

5. You must show the valuation of the property you own.

6. Applicant age should be 18 to 65 years.

How real estate agencies help in getting loans:

Financial institutions have good relationships with developers or real estate firms. Their cooperation is definitely needed to get a loan. So apart from the mentioned documents some other proofs have to be given. But it will be provided by real estate company or flat seller. Because, if the person or organization who will sell the flat has any problems, it will be difficult to get the loan. Let's find out about that:

1. Photocopies of all land documents should be submitted. E.g. Via Deeds, RS Khatian, CS Khatian, SA Khatian, All Mutations, Taxes or Submissions.

2. Agreement between the land owner and the building construction company.

3. If there is Power of Attorney, proof of his Power of Attorney.

4. Building drawing approval by Rajuk.

5. RAJUK Authorization Letter.

6. Flat distribution list between developer company and land owner.

7. NEC (Non-encumbrance Certificate) Non-encumbrance certificate.

8. NOC (No Objection Certificate)

9. TPA (Tri Party Agreement) i.e. agreement between buyer-seller and bank or financial institution.

Companies that offer flat loans or home loans

Most of the public and private banks and financial institutions of the country are currently investing in this sector. Find out about the home loan of some of the notable companies.

Private financial institutions

Many private financial institutions are offering home loans on easy terms. Conditions vary from organization to organization. But the terms and conditions of all are fairly close.

Delta Brac Housing Corporation Limited (DBH)

DBH has several different packages of flat loans. Products are announced based on the repayment capacity of the borrower. DBH has gained a lot of trust from customers in the field of home loans . The company gives a maximum loan of up to 70 percent for the purchase of flats. In this case, the interest rate is up to 9% depending on the repayment period. But you have to pay 0.5% fee for loan processing.

IDLC Finance Limited (IDLC)

The institution lends up to 70% of the proposed property. The difference between IDLCs and others is that they disburse loans in lump sum or in installments as per the needs of the borrower. IDLC Finance offers insurance against home loans. IDLC is the first to offer this type of insurance. You can contact online for details about 'IDLC Home Loan'.

Prime Bank Ltd.

For flat purchase and home renovation, Prime Bank provides loans up to a maximum of Rs 70 lakhs. In this case, the age of the borrower should be maximum 55 years. Earlier its interest rate was 13% but currently it is between 9%. Repayment period is 15 years.

Eastern Bank (EBL)

Eastern Bank Limited stands apart from others when it comes to home loans . They provide home loans to eligible individuals aged 22 to 57 years. The loan amount ranges from 5 to 75 lakh rupees. Earlier its interest rate was 14 to 15 percent, but now it gives loans in the range of 9 percent. However, EBL charges a fee of 1.25% for home loan processing. For details about Eastern Bank home loan, you can contact the bank or flat authority .

Eastern Bank is far ahead in corporate banking. Eastern Bank also has exceptional initiatives in the field of home loans. Age of the borrower is 22 to 57 years. The loan amount ranges from 5 lakhs to 75 lakhs. Repayment period should be between 3 to 10 years. Interest rates range from 14 percent to 15 percent, and the processing fee is 1.25 percent. But the interest may change.


Without personal collateral, HSBC Bank offers loans from Rs 7 lakh to Rs 75 lakh . Apart from submitting the documents, the condition is that the monthly income is 40,000 if the employee is employed, and the monthly income is 50,000 if the businessman is. Maximum repayment period is 15 years.

Standard Chartered Bank (Standard Chartered Bank Bangladesh)

SCB BD is a British based banking institution. Loans up to 70 percent of the total value are given for a short period on very easy terms. Only professionals and employed people can take loans from here.

Government institutions

Not all public financial institutions provide housing loans. Let's know about some of the institutions which provide loans to buy flats from government banks or institutions.

Bangladesh Bank

Bangladesh Bank is providing home loans to ensure the housing system of the people . Rashtriya A Bank gives loan for maximum 1250 square feet flat. The organization aims to work towards ensuring housing for the middle class. However, home loans are not available in all parts of the country. Loans for buying flats are only available in the areas under the jurisdiction of 6 City Corporations and Gazipur, Narayanganj, Tongi and Savar Municipalities. This bank has some special conditions. If someone has taken home loan earlier, he will not get re-loan. If his child or someone else in the family owns a house or flat in the area where he wants to buy a flat or house, he will not get the loan. Borrower's monthly income should be 30 to 50 thousand. Government Bangladesh Bank home loan interest rate is 9%.

Bangladesh House Building Finance Corporation (BHBFC)

This institution of the government provides loans for the purchase of houses or flats of the middle class. However,   Bangladesh House Building Finance Corporation provides this loan facility for elite areas of Dhaka Metropolis and Chittagong. 3 thousand 500 for each square foot of flat of 1 thousand 4 hundred 29 square feet. Loans are usually given in elite areas of Dhaka and Chittagong. For the construction of 1,667 sq.ft flat, per sq.ft., a home loan of Rs.3,000 is given. The total loan amount is 40 lakh rupees. Applicant should have own investment of 20% of total investment. The remaining 80% will be invested in house building finance. The interest rate is 9 percent. Maximum repayment period is 15 years.

Why is the iPhone at the top of the world's popularity

Tech giant Apple's iPhone is ruling the world of mobile phones around the world. Millions of technology lovers in the world are waiting for the new model, even if a few versions of the phone are launched in the market every year, the stock ends in an instant.

Long lines fell in front of the Apple store to get the new series of new design phones. The store opens at 10 a.m. but long queues of customers have been seen in front of the apple store since early morning.

All right but now the question is why iPhone is so popular? Moreover, if you compare it with the price of the mobile phone in the market, there is a huge difference. Why is everyone so eager to buy an iPhone?

I hope you will read and watch this report trying to find out the reasons behind the popularity of iPhone.

1. The design of the iPhone and others.

It is easy to identify which is iphone from any mobile phone due to its unique design and novelty features. The mobile phone company has been able to create uniqueness in the iPhone with just one button.

This single button can be used to enter the phone's main menu, while other smartphones, especially Android phones, have multiple buttons. For many, these multiple buttons are an added hassle, besides the iPhone's graphics interface, the experience a customer gets when entering the phone. It is undoubtedly different from any other smartphone.

Apart from the external design of the iPhone, the company also emphasizes on the design of how the phone works. And for all these reasons, the iPhone has captured the hearts of billions of technology lovers in a short period of time, and customers get a polished and smooth experience even in the softer version.

Apple's design language can be said to be a symbol of mediocrity for techies as well as common people.

2. Maximum security measures.

In the age of digital, a lot of confidential information including almost personal information is easily spread on various platforms including social media. However, the personal information of an iPhone user is not so easy, Apple has always prioritized security in its products.

iPhone is no exception, and a hacker cannot easily hack an iPhone user's information. Hacking an iPhone or extracting data from an iPhone without permission is almost impossible at present.

Even an agency as sophisticated as the FBI tried to unlock a suspect's iPhone a few years ago. In the end, the FBI had to go to Apple after not being able to open it.

But the more interesting thing is that the Apple authorities did not open the lock. That means they give utmost importance to a user's personal security.

So this aspect of Apple's personal security makes Apple's mobile phone the first choice of tech lovers. Apple's iOS is said to be the most secure mobile operating system.

Again, there is a risk of third party apps getting into Android phones very easily. But Apple apps can be installed only from apple store.

Because of that the risk of virus on average is very low compared to iPhone.

Also, if the iPhone is lost, the Find My Phone feature can be used to locate the lost iPhone very easily.

3. Own hardware and software.

Where all other phones use third-party hardware and software, Apple has built its own hardware and software. Processor Jam body camera almost everything is Apple's own, so keeping in mind the user's needs, Apple is not willing to discount any part in terms of quality.

This feature of Apple is one of the reasons behind its popularity.

4. Innovations and surprises in the operating system.

Starting from talking with an iPhone or smartphone, almost all the technical tasks of the modern world can be done, but another big reason for the popularity of the iPhone is the innovation of the iPhone's own show operating system.

And because of this feature, Apple lovers go crazy for the new series of iPhones. Every new iPhone operating system is full of new surprises. Apple has always surprised Apple users with some hidden features in their OS.

5. Apple Eco System.

An Apple Eco system is an environment consisting of multiple Apple devices. Where users can use multiple Apple devices.

For example, if one has an Apple iPhone and a MacBook, it is very easy to share files between these two devices.

Even if the iPhone call is actually working on the Macbook, you can receive the call and talk from the Macbook. The same goes for the Apple Watch or Apple Watch.

Each Apple device works very well with each other because of this amazing Eco system created by Apple. An Apple Ecosystem makes user life quite easy, which is largely why the iPhone is so popular.

6. Sales service

Even after years of buying Apple device or iPhone, service is easily available from Apple service center. As a result, even if there is a problem with the iPhone, it is possible to get a solution from the Apple service center at any time.

Surprising as it may sound, the truth is that iPhone 7 users, released in 2015, still receive regular software updates. Due to years of updates, the old model phones are still working like new with all the latest features.

7. Why is the price of the iPhone so high?

First of all the operating system that iPhone runs on is made by them, other mobile phone companies use Android or some other operating system. Due to which their cost is also reduced.

However, apart from using its own operating system, Apple spends a lot on its own software development. And as a result, the price of the phone also increased a lot.

Apple's processor is also made by itself, which works much faster and faster than other company's processors. Apple often tries to get the best samples from suppliers and therefore increases the price of the product.

Apart from this, the mobile phone maker company Apple spends a huge amount of money every year due to ensuring the highest level of security. And because of all these reasons they have to sell at a higher price, besides the flagship product due to which the price of Apple products is higher. That is, Apple does not compete in the medium or low price smartphone market.

All the other smartphone companies that compete with Apple are priced very close, like the Google Pixel 4 is priced very close to the iPhone. The price difference between Macbook and Microsoft Surface is not much.

What is Crop Insurance

What is crop insurance?

Crops of the land are often destroyed due to natural causes. It is very difficult to deal with such problems in developing countries. Crop damage of land like: flood, cyclone, heavy rain, lack of rain, insect attack is caused by various reasons. Crop insurance is the insurance that is taken for financial assistance as a cover in this problem .

Importance of crop insurance

A large part of Bangladesh's economy depends on agriculture. But this agriculture is dependent on nature. Crop insurance is very important in this country as natural calamities cause a lot of damage to agricultural crops. If the crop of an area is damaged, the economy of the country is also affected. Crop insurance deals with all these losses coverage. In the first stage, the coverage of crop insurance included paddy, jute, wheat and yaksu.

Benefits of Crop Insurance

1. Crop insurance covers financial loss in case of crop loss or accident so the people engaged in agriculture are quite safe.

2. Farmers do not have to worry about crop damage. This results in increased production.

3. Insurance helps people to be frugal. and learn about proper utilization of resources.

4. There is no need to worry about warehousing as the crop is covered by insurance.

5. Crop insurance makes it easy to get loans from various lending companies.

6. Capital formation can be done through crop insurance like any other insurance.

7. Farmers are interested because of crop security. The country benefits economically by exporting goods.

How to plan insurance?

Farmers With some interested farmers in the village for insurance, contact any representative of the crop insurance company. 

Copies of documents to be provided to farmers.

1) NID card photocopy .

2) Aadhaar card photocopy .

3) Bank pass book in own name (photo).

4) Copy of Khatian/Parcha.

10 Most Unique Business Ideas

Many people can't balance their accounts before starting a business. In this competitive market, many people cannot move forward thinking about what is a profitable business idea, what will be the cost or how much is the risk of loss. Although millions of young women in the world are falling behind in this competition and are suffering from depression. But no one stopped.

In today's global world, all businesses are independent. Anyone can do any business, be it domestic or international. No matter how big or small your business is, it doesn't matter. Your creative energy will help you move forward.

No matter how competitive the market is, there are some unique and profitable business ideas that you can follow to become your own boss. Along with enjoying your work independently, you will get financial stability. You just need to follow the right guidelines and move forward.

10 Unique and Profitable Business Ideas

Big budget doesn't always play a major role in business. Because starting a business requires more intelligence than money. So you can start a profitable business with little money by using your intelligence properly.

There are many unique and loveable business ideas around you that can bring you ultimate success. We will discuss about 10 profitable business ideas. You can turn these businesses from ordinary to extraordinary with innovation, skill, hard work and creativity.

1. Mobile and Computer Servicing

From young to old, everyone has a mobile phone. And computer has become an essential part of our life. Although these two devices are essential, people often face various problems with them. From technical problems to solving software problems end users need service.

Users resort to servicing centers to fix their preferred mobile or computer. So this business can be a timely business. Where you can start your first business in a very small space and with less money.

The most important thing for this job is skill and experience. So starting a business is not enough, you have to have the skills to repair these devices. Otherwise it won't take long for you to lose money in this business starting with a lot of money.

So if you have expertise in this then it will be a very profitable business for you. And even if you do not have expertise, try to acquire special skills in this regard. Or hire a skilled technician.

Generally, such business ideas are not profitable in villages. Because this kind of service is still very less in the village. But if you have good capital, you can rent a shop in any crowded place in the city. Which will bring profit for you.

2. Restaurant Business

Many prefer restaurants to enter the food business . Because a restaurant is a place where there are always customers. The number of people who have become owners of houses and cars overnight by doing restaurant business is not less.

A large portion of food sales in restaurants remains as profit. Many people say that a restaurant makes 50 to 70 percent of the total sales profit. But for this business you need a suitable location with high traffic. It is usually possible to get good results in restaurant business in cities or towns.

Be sure to hire a good quality cook to run the shop. Because if the food quality of your shop is good, customers will come again and again. Also, it will be considered as a profitable project for you if you can introduce new food items to your customers. But yes, cleanliness and health of food must be taken seriously.

3. E-commerce Business

E-commerce is now one of the most popular, smart and profitable business ideas with the touch of modernity in people's general lifestyle . People are getting busy day by day. Many people don't want to go to shopping malls in heavy rush. Also, as many people do not have enough time, they are heavily inclined towards online shopping.

And many new entrepreneurs around the world have taken advantage of this opportunity. The basic type of this type of business is that the customer is getting the desired product by sitting at home with his mobile or computer. As a result, its popularity is increasing day by day.

There are several reasons why this business is on the list of profitable business ideas. One of them is that e-commerce can be started with little money. And you don't even need a shop for this. If you have a mobile app or website , you can start the business from here.

As a result, you saved a lot of money initially. One of the advantages of this business is that you can start a business with any one or more products.

It is possible to make a profitable business online with very little money. Some such e-commerce businesses are:

  • Cosmetics.
  • Cloth business.
  • Jewellery.
  • Watch.
  • Electric devices.
  • Hand made products.
  • Ritual.
  • Home made food etc.

4. Mask and Sanitizer Business

Have you seen how many masks and sanitizers are being sold around Covid-19? Masks and sanitizers are two of our most used materials. But with the rise in the outbreak of Corona, its need has increased manifold. As a result, mask and sanitizer business is currently the most profitable and timely business.

Corona has taken the lives of many people. Many have lost their means of livelihood. But in spite of this, some people have conquered this difficult time by capitalizing on intelligence. So you can also think of the business of selling masks and sanitizers based on Corona.

You will not need much capital for this. There is no need for a separate shop. You can start selling masks and sanitizers at wholesale and retail prices in your own small home. You can start this great business with just $100.

There is no better and unique business idea in this time of Corona Pandemic. So if you want to start a profitable business with less money then this business is suitable for you as well as very beneficial for others.

5. Nursery Business

Another great low cost business idea is a nursery business. The best part about nursery business is that you don't need any separate shop for it. In many cases, this profitable business can be started without any additional capital requirements.

As a hobby, we often plant plants, fruits and flowers in our house, balcony, roof or open space in front of the house. This human hobby can be one of your sources of income. And if you enjoy gardening, then this business will become the easiest, profitable and best business for you.

However, there are several aspects to keep in mind for doing nursery in a domestic environment:

Selection of site: A site for the nursery should be selected, which has the potential to be economically profitable. Nurseries should not be set up in areas where communication or roads are not good.

Soil: Nursery soil must be fertile and fertile. Also the soil needs to be well drained. So that there is no accumulation of water in seed bed or nursery bed during heavy rain.

Availability of Water: Water is always required for the maintenance of plants in the nursery. So the distance of the nursery from the water source or the availability of irrigation facilities should be taken into consideration.

Finally, the location for the nursery should be selected keeping in mind the facilities and socio-economic conditions such as transportation and marketing facilities, electricity facilities, availability of skilled labor, fair weather etc.

6. Home delivery of food

In today's busy era, many people do not have the opportunity to cook at home every day, and most of them do not want to eat hotel food every day. Food home delivery business started to meet this demand. Cook at your own home and deliver it to your home, if you can provide delicious food at the desired time, there will be no shortage of business.

7. One-time glass, plate, cup business

Surprising as it sounds, one-time products are in high demand these days for many occasions or small events So no doubt it is a trendy and profitable business. You can start this profitable business in your home.

These plastic utensils are not one-time or disposable. These one-time products are widely used in many picnics, birthdays, weddings and even educational events organized these days.

But not only at the event, these items are also bought by various restaurants, coffee shops and traveling tea vendors. Of these, coffee mugs, plates, glasses, spoons, pipes, aluminum foil boxes, bowls etc. are sold more. So it makes sense to keep this business in the list of most profitable with less money.

8. Fast Food Business

There are different types of fast food that you can prepare with a little training. Fast food is always in demand in the morning, afternoon or evening. People eat various types of food on the go. And if your food is delicious, customers will come from far away to eat.

So if you are interested in making food, then you can start this business with little money. When starting a business first you need to choose a populated place. After all the work is done, your dishes should be displayed beautifully.

Remember that fast food means tempting food. So you have to make the food look attractive to the customer. Also if the quality of the food is maintained you will get many customers very quickly

9. Cafe or coffee shop

A cafe or coffee shop is one of the most profitable businesses if carried out with the right strategy and planning. Currently, the demand for cafes is increasing in both cities. These shops are especially crowded with young people. The coffee shops are crowded with mutual chats.

This type of business can be started with very little money. This requires a room or maybe even the garage of your home. If you want, you can also rent a house in a crowded area. If you can promote properly, there is no need to take a shop in a popular location. The quality of your product will keep customers flocking.

However, to maintain the beauty of the cafe, special attention should be paid to the interior. Eye-catching interior and comfortable seating arrangement is one of the key to attract buyers. Keep the food menu interesting by pricing it within the middle class category.

In this case, you can see foreign recipes for the food menu. Keep out of traditional Chinese, Thai food and try new types of food. If you want to start a business with a small amount of money, plan properly and go down, success will come.

10. Travel or Tourism

There may not be a person who does not like to travel. You can start a hugely profitable tourism or travel business by focusing on people's travel preferences. This may be the easiest way for you to start a business with little money.

Starting this business does not require much investment. But enough time, effort and dedication is required. Nowadays, travelers mostly rely on various agencies for booking tickets, booking hotels, making travel plans, etc. If you can provide them with satisfactory service, then they will come back to you year after year.

It is possible to earn in this business without investment. Finding new places is more likely to increase business, besides you can keep popular tourist spots on the list. Talk to hotels in those areas to determine what percentage discount or agent commission they are willing to pay.

Also think about what to feed the tourists while taking them on a trip. If you arrange food yourself instead of taking hotel food, the profit will be more. But in that case there must be a good cook. Besides, the quality of food should also be kept good. If everything goes well, this business will become your stepping stone.

Last word

In the beginning any business will seem difficult and very competitive to you. But it should not stop there. You can start the above mentioned profitable business ideas with very little money. So choose your any one now. Remember, in this age of competition, many may move forward because you fall behind.

So start your dream business by sitting at home using your brain Hope the most profitable business ideas with less money will be of great use to you.

10 Popular Food Business Ideas

Restaurants are one of the most profitable businesses today. If you have a good budget, you can use food business ideas. But it's not like you need a huge budget for this. You can start this most profitable business with a small budget.

In initial phase you can follow some food business ideas to start with small capital. Starting any business first requires brainstorming ideas, then proper planning and finally successful implementation. Today in the course we will discuss 10 of the most profitable food business ideas.

Whether your capital is small or large, any business can be profitable if you successfully implement the ideas described in this article. Even starting small, any business can be scaled up gradually. And there are many opportunities to grow food or food products business.

10 Food Business Ideas on a Small Budget

The 5 businesses that never fail in today's world is food. Humans need food to survive. And by using this biological need you can design your business plan.

If you don't want to lose the business, don't want to lose capital within few days of starting the business, then choosing food business idea will be wise for you. Let's know about the 10 most popular food business ideas today, which can bring you more success.

1. Fast food shop

Fast food is very popular among the young generation. Taking advantage of its popularity, many are opening fast food businesses and becoming successful. Although there are already many fast food outlets around us. So there is nothing to fear.

If you can provide a fast food shop in a good location, you can definitely do good business.

As fast food is a very profitable business, many entrepreneurs are currently investing in it. Although teenagers are the main consumers of fast food, all kinds of people eat this type of food more or less.

2. Restaurant Business

Many prefer restaurants to enter the food business. Because a restaurant is a place where there are always customers. The number of people who have become owners of houses and cars overnight by doing restaurant business is not less.

A large portion of food sales in restaurants remains as profit. Many people say that a restaurant makes 50 to 70 percent of the total sales profit.

But for this business you need a suitable location with high traffic. It is usually possible to get good results in restaurant business in cities or towns. Be sure to hire a good quality cook to run the shop. Because if the food quality of your shop is good, customers will come again and again.

Also, it will be considered as a profitable project for you if you can introduce new food items to your customers. But yes, cleanliness and health of food must be taken seriously.

3. Bakery Business

A good aspect of bakery business is that you don't necessarily need to rent a high location. If the budget is low then you can prepare the bakery for the local area in the beginning. Later you can supply to outside areas as per your convenience. And in this way you can gradually control all the areas around you.

Bakery Smart is a choice for many businesses with low capital. Because, although the bakery is small at first, there are many opportunities to expand it as the capacity increases. But running a bakery requires special skills. For example, you need to know new recipes for making bread or biscuits.

Because food of the same flavor does not remain popular for long. Consumers always like to taste new foods. So you can employ any skilled craftsman for this. If you can make all the popular breads and biscuits of different countries, then you will definitely succeed in the bakery business.

Tips: If you find the bakery set-up a hassle, just give the bakery shop a try. Where you buy and sell other bakery items wholesale.

4. Sweet shop

Apart from various festivals, people love to eat sweets on any occasion. And for those who love sweets, they don't need any special occasion to eat it. Sweets are a food that is almost always needed. So sweet shop can be one of your choice for food business.

You won't find a merchant who has done away with the sweet shop. But yes, for that you must know the rules of this business. If you find a good craftsman to make delicious and exceptional sweets, then you can surely give sweets shop.

If you don't have a good budget or if you don't have a skilled person, you can start by searching the net for recipes for making desi and foreign sweets. There are many popular sweet recipes on the internet, which you can easily learn.

5. Chocolate Business

Kids are always crazy about chocolate. But adults don't eat chocolate either. You can make chocolates targeting both younger and older generations. You can start a small chocolate factory, or you can start this business at your own home. If you start a small chocolate business at home, you can sell the product online.

There are tons of chocolate recipes available online. Even the chocolate making formulas of various world renowned companies are now readily available on the internet. And if you don't want to make chocolate yourself, you can import chocolate from different countries and provide wholesale supply.

6. Catering Business

Catering is the provision of food on various occasions. Our relatives, relatives of relatives, friends and acquaintances often have some kind of event. You can supply food in these events or parties which is called catering.

But catering is not just about family events. Various corporate offices or educational institutes also have many events in Baljur. You can target these festivals for catering. Currently, the popularity of this type of business is gradually increasing.

You can also prepare the supplied food yourself. If you want, you can hire a skilled chef. But either way, there must be good planning and people handling qualities. Catering business may seem difficult at first, but gradually it will become a very easy and fun business.

7. Juice or Coffee shop

A juice or coffee shop is one of the highly profitable food businesses. If you can start this business in any populated area, chances of success are 100%. You can have a juice shop inside the shopping mall. If you want, you can also combine ice cream and juice shops.

Coffee shop on the other hand is a very simple business idea but you can make it extraordinary. You can start a different type of copy shop with different types of copies, teas and also snacks.

8. Ice cream shop

Ice cream is a popular and comfort food in summer. Ice cream is in high demand especially among young children. Although more or less ice cream is consumed in all seasons, the demand for ice cream is more during summer. Generally, ice cream is sold more in front of schools and colleges.

Ice cream business is very busy in hot and normal weather, although it is a little slack during the cold season. So you can think about this business with great potential. But it needs a good location. The best place for eye cream is in front of shopping mall or school-college.

Also, there is a huge demand for ice cream in parks, playgrounds and residential areas. Nowadays, the use of ice cream is also seen in entertaining guests. So it can be said that any person can provide his own employment by starting an ice cream business.

Training: Learning to make good quality ice cream requires training. It is possible to start this business by learning ice cream making from someone experienced.

9. Organic vegetable Business

Nowadays people are looking for unadulterated organic vegetables in the crowd of adulterated vegetables. It seems like a very simple business idea but its demand is skyrocketing. Because in this adulterated market everyone wants to get chemical free products. Now everyone is becoming more or less health conscious.

So you can start the production process at home to supply organic vegetables. And this is a business that you can start very easily and with little money. You can start growing vegetables in your house, roof or small open space around the house.

Commercial organic vegetable business can be started with very little capital. So if you are looking for the most profitable business with less money, you can start with organic vegetables.

10. Floating Food Business

Floating food business is quite popular now. You can provide mobile food shops around various sightseeing places or parks. There are usually no hotels or restaurants in any sightseeing spots built on the banks of rivers or large areas. Therefore, it is possible to meet the food needs of people visiting these places through floating shops.

One good thing about floating food business is that you don't need to hire a specific shop. You can start this type of business very easily if you have a simple food cart. If food can be arranged for the visitors, on the one hand they will benefit, on the other hand you will also have good business.

Last word

Don't panic about starting a business because the budget is low. Because of your backwardness, many may advance in this age of competition. The world's demand for food will never run out. People will eat until they die. So these 10 food business ideas on a small budget will help you a lot. As always, if you want such a business, get down with any of these food business ideas.

What is the way to get loan from Bkash

Ever since the announcement of the launch of Bkash and City Bank loan services, many people have expressed interest in knowing how to get a loan from Bkash. Recently, Bkash and City Bank have joined forces to launch loan services. It is said that this is the first digital loan distribution service in Bangladesh.

Currently the development is running the service experimentally. It is said by Bkash that when this service is fully available, a maximum digital loan of 10,000 taka will be available under it. Today we will know how to get loan from Bkash.

The best part about Bkash Loan 2022 is that you can get this loan without any collateral in your account. Which will be paid through City Bank. What is the way to get loan from Bkash? Let's know some important information about Bkash and City Bank Bkash Loan 2022 disbursement.

What is the way to get loan from Bkash?

With the help of Bkash app you can take loan from Bkash without any hassle. At present, the development loan service program is being conducted on an experimental basis. That means, not all but a select number of customers can avail the loan service from BKash.

Customers will see the loan icon in their Bkash app as a way to avail Bkash loan. In order to take a loan, the customer has to give permission to give the information given to Bkash in his e-KYC form to City Bank. Then enter the loan amount and Bkash account pin code and get the loan amount in your account instantly.

Although this service is not available for everyone now. However, if this project of Bkash and City Bank is successful, the service will be opened for more Bkash customers.

What are the terms of Bkash Digital Loan?

You can borrow Tk 10,000 without any collateral in this Bkash digital loan service of Bkash and City Bank. That means you don't have to give any collateral and don't have to follow any additional rules to withdraw money.

If you are a selected customer in the experimental project, you can easily take a loan of 10 thousand rupees anytime through Bkash Digital Loan Service. It is envisaged that the Bkash Digital Loan amount may be increased later based on transactions and loan repayments.

How much interest should be paid on development loan?

Apparently, you don't need to provide any security to take Bkash Digital Loan. But since City Bank is managed under Bangladesh Bank, interest has to be paid to take the loan from Bangladesh Bank. And this interest amount is only 9 percent. And by following this rule you can get Bkash Digital Loan at 9 percent rate. That means you have to pay interest at the rate of 900 taka for every 10,000 taka.

Development Loan Repayment Rules

The loan will be automatically disbursed from the customer's development account in three equal installments over the next three months on the due date. But before the loan is disbursed, you will receive a notification on your phone through messages and apps.

But here it most be remembered that whether you are repaying the loan on time will also be monitored. Your development loan repayment transparency will be considered in subsequent loan disbursements. That is, if you take a loan and pay off the loan late, then you may not get the loan later. So you must be keen to repay the loan on time.

10 Profitable Business Ideas in 2022

Are you looking for the most profitable business ideas? From traders to entrepreneurs, everyone looks for businesses that have less risk of loss on investment. And truly profitable business ideas are ongoing, which will never stop. These businesses will continue even until the end of the world.

Almost every day we get news of some business going out of business. Because not everyone can be successful in business. There can be many reasons behind this. Which includes making mistakes in choosing the right and profitable business ideas, lack of proper investment and other guidance.

Profitable Business Ideas

Before suddenly investing in any business, one should first have a good idea about its market value. There are many businesses that are for a specific period of time. There are also businesses whose demand will never end. Today I will describe some such profitable business ideas, which you yourself know about but do not think of doing. So let's get started.

1. Food Business

Food is basic human need. From the beginning of life to the last day, people need food to survive. Not only people of a certain age, everyone from children and older needs food. As long as people live, they will eat food.

So the food demand of people will never end. And for this reason traders in foodstuff business usually do not suffer. So if you are still wondering what business to start, then a food business could be a great idea for you.

If you are already involved in this type of business, increase your focus. And if you are thinking about starting a new business, then it is time to leave the other thoughts and get into the food business . There are several food business ideas that can be done with little capital, following which you can be successful in this business.

2. Pharmaceuticals business

Not a single person can be found who has not been sick in life. People only get sick and take medicine to get well. And as long as people live, they will take medicine for some illness of life. So pharmaceuticals business is an idea that has no chance of failure. Those who manufacture and market medicines are running the business very successfully.

If you have enough capital, you can start a pharmaceuticals company that will manufacture medicines for all diseases. And if your capital is low, you can also open a medicine shop in your area.

But pharmacy business is a very profitable business. In this case the profit of your business completely depends on your capital. The higher your capital the higher the profit. Generally, if you sell medicines, you get a profit of 12-15%. Many medicines have gains of up to 50%.

3. Healthcare business

You must have had the experience of being admitted to a hospital or have admitted your relatives even if you have not been admitted yourself. When people are seriously ill, there is no option but to go to the hospital. And to some extent felt how much business the hospitals are doing.

Although health care is not a business, you can be successful in a health-based business. Like food and medicine, healthcare is a non-flopping business. And in terms of profit, its position is after pharmaceutical companies.

Healthcare and hospital are almost close words. However, healthcare is a small scale and hospital is a large scale. According to 2018 statistics, there are about 5534 registered hospitals in the United States. Which is used by about 10 lakh people every day. So if you want to be successful in a short time, go into this business with big capital. If you can't do it alone, start with some people if necessary.

4. Businesses related to educational institutions

Illiteracy rates were once high in many Third World countries, but now they have decreased. This is because people are realizing the need for institutional education. Now there is a growing trend of increasing signature among people.

Education has long been established as a basic human need. Every parent wants their child to be educated in higher education. And for that purpose, since childhood, he is active in enrolling in a good school. So education among others is also a profitable business idea that never has the fear of flop.

If your capital is high, give importance to institutions like schools, colleges or universities. And capital is not a problem. You can earn a good amount by opening a kindergarten or a small coaching center.

But it would be wise to provide not only academic education but also other technical education. You can set up a separate training center just for technical education. Currently, it has skyrocketing demand.

5. Book Business

Bookselling is currently a very profitable and growing business. Which you can do in your urban area and it is also in demand in the village. Knowledge-hungry people flock to the city's best bookshops to acquire knowledge. At present online market is also good but books are bought and sold well. So you can become a successful entrepreneur by using this opportunity.

To start a bookstore you need to have a license from your local Book Publishers and Sellers Association. Also to start a business one must understand the needs of the customer and store the required books accordingly. The type of book you deal with will largely depend on the needs of the buyers.

In this regard, books ranging from academic textbooks to stories, poems or novels are in great demand. Generally, book libraries or shops are built around any school, college or any educational institution. So a suitable location should be fixed for this.

On the other hand, if you want to start this business through the website. Then no shop or library is needed. You can start a book selling business completely at home. In this case, customers should have the ability to deliver any books they order. In this case, you may need to hire some staff to do the delivery.

6. Clothing Business

People buy clothes throughout the year. And on various occasions or festivals, the amount of clothes purchased increases several times. So clothing business is an idea that has no risk of loss. Because people have to wear clothes forever. And you have to come to the merchant to buy clothes.

But now people are not only interested in clothes but also very interested in its fashion. So if you want to start a clothing business, you need to keep up with the times and bring new clothes to the market. People should know what kind of clothes they want to wear.

The demand for different clothes increases according to the season. For example, clothing that is in demand in winter is not available in summer. So you have to collect clothes according to the needs of the buyer and the season. And only then can you become a successful clothing business.

Although the clothing business is highly competitive, if you have a good idea, you can open a garment, wholesale or retail store.

Among the different types of clothing businesses, the following are quite popular:

  • Yard cloth business.
  • Rental clothing business.
  • Clothing embroidery business.
  • Block and batik business.
  • Boutique House.

7. Event management

Event management is one of the most popular and profitable business ideas these days. There are many event management firms all over the world and the number is constantly increasing as the field of work grows.

Event management firms work with innovation, creativity, conscious customer needs and budgets. You can do part time job in various such institutes while studying for graduation. Or you can build an event management company yourself.

However, the event management business is quite competitive nowadays due to the increasing demand. But there are also ample opportunities to enjoy career life here. Any business can be challenging in the beginning. Which can be mastered later in the light of experience and skill.

But before starting, you can work for some time under some other organization without going directly into event management business. Only then can you truly know yourself. Knowing yourself will make your position clear to you.

You can start from home with little capital without having an office in the first place. Start with small events instead of big events. There will be less stress and no need to invest much. However, if you want to start working with an office, you need to increase your investment amount depending on the location.

8. E-commerce business

Do you know which is the best way to earn online today? E-commerce of course. People worldwide are earning millions of rupees by doing e-commerce. One of the reasons why so many people around the world are opting for e-commerce is that this business can be started with very little capital.

You don't need to rent a shop for e-commerce business. You don't even have to take any office. You can sell your products from home through website. And now the shop feature is readily available on various social media, so there is no need for a website.

But to start this business you have to choose a product that is in high demand. Come up with products that can attract customers. Besides, there will be no compromise on quality with product innovation to bring more success to the e-commerce business. Buyers will think of buying from you again and again once they get a quality product.

Some of the most popular products for e-commerce are:

  • Book..
  • clothing.
  • Handmade showpiece.
  • Homemade food.
  • Mobile Accessories.
  • Documents used.
  • Children's toys etc.

9. Gift shop

Have you ever given gifts to your loved ones? If you have given, then you must have seen how high the price of the gift is. On various occasions we give gifts to our relatives, loved ones or colleagues. The exchange of gifts all over the world is a sight to behold.

You can create a wonderful business based on this tradition of love exchange. And that is the gift shop. Find a popular place to stock a gift shop. It can bring you success within few months especially if you start around school, college or shopping mall.

If the budget is very small, you can pick up all the gifts at relatively low prices. But you must bring a variety of gifts. Remember, gifts are bought for children, but not for adults. Similarly, there are variations in wedding or party gifts.

So stock up on gifts of different prices according to age and occasion. Also, by collecting some unique collections, the store should be decorated in such a way that a person can choose his desired gift as soon as he comes to the store.

10. Furniture business

We need different furniture to decorate the house. Especially when someone is building a new house, there is a need for a lot of furniture. And then we have to spend a lot of money to buy beautiful and suitable furniture for the house.

Not just for homes, furniture is in great demand everywhere from corporate offices to shops or shopping malls. Nowadays furniture is required in offices as well as various outlets and organizations.

So if you start a furniture design workshop with creative ideas, you can easily achieve success in your business. Well designed furniture shops are a profitable business worldwide. It is a low investment business and there are also opportunities to take bank loans.

Last word

It is very important to follow a proper plan before starting any business. The above mentioned profitable business ideas will help you to choose the right business. By following certain guidelines you can dramatically increase your product promotion and sales.

Around eighty percent of people's income worldwide comes from business. The remaining twenty percent is earned from employment or other sources. So there is no greater source of income than business. But risk cannot be traded in such a way that there is a possibility of loss. So choose any of the above businesses and start planning today.

What is insurance and how many types

In the current market, people are very careful about their lives, people are increasingly interested in insurance, many of them do not know what is insurance?

Many people have misconceptions about insurance , such as many people think that insurance is a type of investment scheme where money can be deposited for a specific period of time and the money can be withdrawn in the future with interest.

But this idea is completely wrong, remember that insurance is not a medium where you can deposit money and withdraw that money with interest after a certain period of time.

So in this article I will discuss insurance (Insurance) or what is insurance? How many types and what? List of insurance or insurance companies in Bangladesh.

What is insurance?

Insurance is a lump sum payment to an organization to protect itself against possible future losses. In return you can get help from that organization in case of loss.

Thus, when something unfortunate happens, the insurer helps you through the situation.

As I said before, this is not a medium where you can deposit money and withdraw it after a certain period of time, as is the case with fixed deposit, saving scheme, mutual fund.

That’s why common people misunderstand the difference between Insurance and Investment Scheme.

Remember that insurance will never pay you as a director.

Through insurance, you can get help (money) from them in exchange for various types of losses that may occur in the future.

Therefore, even if you do not get money directly through insurance, you can get help (money) from them (insurance company) in exchange for various types of losses that may occur in your future.

If you don’t understand yet, you can understand with examples.

Example: Suppose you have taken a “health insurance” from any health insurance company and according to the rules of that insurance company, you have given them 5 thousand dollers as premium every year.

But nothing will be given to you instead of that 5000 thousand dollers premium paid every year.

However, if in the future you have any health risk problem or you have to be hospitalized then the insurance company will bear all your medical expenses.

Hope you have understood what insurance is.

What are the types of insurance?

Insurance can be of many types, but general insurance is of 2 types:

Term Insurance or Life Insurance
General Insurance or Non-Life Insurance
The following figure shows the types of insurance –

General insurance is again divided into many parts, such as:

  • Home Insurance
  • Health Insurance
  • Vehicles Insurance
  • Travel Insurance
  • Corporate Insurance
  • Fire Insurance
  • Property Insurance
  • Accidental Insurance

Life Insurance:

Life insurance is a strategy to transfer or avoid human risk of death, loss, peril.

Where a person pays a regular premium to an insurance company with the intention of receiving a specified amount of money at a specified time in the future or after the person’s death.

16 professions that can make you rich

The job market is constantly changing and over the past two decades the job market has been moving tremendously towards technology. Technology fields such as electricity, internet, and transportation are currently contributing significantly to the job market. Today we will discuss the top 16 careers that can earn you a lot of dollars.

Mechanical Engineer:

The average annual salary for a mechanical engineer is $93,000 and is rising steadily. Mechanical engineers make important contributions in pharmaceuticals, aerospace and nanotechnology fields. Qualified mechanical engineers can lead the entire company. Mechanical engineering graduates are seen playing a leading role in innovation in agriculture, finance and other sectors.


Realtor can be another profession to earn more money. People who are involved in real estate business are basically called realtors. Skilled realtors can earn up to $100,000 annually. They are housing specialists and this profession will never disappear. People need a middleman to buy land or flat, otherwise these decisions can never be taken alone. There is no need to look back if you can make a name for yourself in this sector. In most cases, realtors receive a commission of a certain percentage of the property if the transaction is successfully completed.

To do well in this sector one must be friendly, know diplomatic affairs, have a good understanding of various laws related to housing, keep abreast of various economic and political news. Real estate business is becoming a lucrative profession day by day with the increase in property value.

To give an example of one of the most successful realtors in the world, the name Hui Yan will come up. He is one of the richest real estate magnates in the world. At first, he started the business with buying buildings at low prices, but now he has earned about 30 billion dollars from it.

IT Specialist:

There is no income limit for specialists in any sector. As everything is moving towards technology nowadays, the demand, acceptance and income of IT specialists will all increase in the coming days. Any commercial organization needs web experts and system administrators, and specialists can perform multiple duties there. Most of the time they don’t do the work themselves, they help make decisions in tasks like programming and data processing. Their job is to provide technical decisions.


Accountant is another profession that earns a significant rate every year. Although this profession is an ancient profession, the demand for it will increase greatly in the coming few years. To do well in this field, a person must have the ability to make strategic decisions. Accountants with advanced degrees are always ahead of the competition. That is why it is necessary to have good academic knowledge in this subject. Every company needs a good accountant to manage economic and financial affairs. General responsibilities of an accountant include maintaining financial and management records, looking after tax payment matters, paying staff salaries and contract payments. At the same time they can deal with issues like counterparties and audits as well as optimize business performance and procedures.

Best seller:

You can earn a lot of money by becoming a writer. If you can gain popularity among readers and if they buy your book then you can generate good income through it. You can write novels or comic books.

But in this case you must have the qualities of being a writer. But this whole process is not so easy. Books must be written and publishers must be approached. The whole process is quite laborious. But once you gain popularity, everything becomes easier.


Nothing can be better than being an entrepreneur. Be your own boss there. You own all the money, even if it is at risk. If you can create a unique product or service in your field, the world will pay you. All the richest people in the world right now are entrepreneurs like Elon Musk, Bill Gates and Jeff Bezos. They all started with unique concepts and built their own billion dollar businesses.

The inventor:

The world is constantly improving and inventors contribute to it. There is no doubt that anyone can become rich by coming up with unique concepts that work and are accepted in the market.

But nowadays, even if something revolutionary is created, it has to go through various legal processes. Like getting validation, patenting, building the concept and finally selling it in the market. But once he succeeds, no one can stop him. Some of the inventors in the world are Cleo, Udvidia, Michele Pereiro and Mark Zuckerberg.

Chief Executive:

In order to get the chief executive position of a company, such as CEO, CFO, CMO, CTO, one must be the owner or entrepreneur of that company but it is not like that. These positions can be achieved with one’s ability, talent and intelligence. It is definitely possible to become a millionaire sitting in these places of any company but you have to be very talented and smart as well as hardworking. You can only be in these positions if you can get 100% of what the company wants from you

Some of the most successful chief executives around the world include Sheryl Sandberg, Facebook’s COO, Meg Whitman and many more.

Day Trader:

You can become rich as a day trader if you want. For this you need dedication, good internet line, and a computer. Traders basically buy and sell stocks for short periods of time. Traders basically buy stocks for a day and aim to sell at a profit. In this way, there is an opportunity to own many dollars at a time by selling shares. To do well in this sector, a person needs to have enough skills, to have a proper understanding of the ups and downs of the market. Must have analytical knowledge to understand market patterns and trends.

Game developer:

Game development is currently a good career with good earning opportunities. Game developers at entry labels can earn $50,000 a year, while seniors earn much more. Depending on the type of firm, location, project, and position in the company, a developer can earn up to two and a half million dollars a year. The success of game development depends on the preferences and tastes of the users. Many companies develop games with millions of dollars and cannot sell them, while many companies earn millions of dollars with low graphic games. For example, the game Minecraft sold for more than 1.3 billion dollars in total, but we know how its graphics are.

Data scientist:

Data Scientist job is tough and quite lucrative at the same time. Here your salary will depend on your skill level. If you have special skills then you can earn from 1 lakh to 1.5 lakh dollars a year. It is currently the second highest paying job in America. Data scientists can work in a variety of industries. Their job is to develop algorithms through which huge amounts of data can be easily organized. From all that data it becomes easy to check performance and make decisions. The advantage of this job is that you can sit anywhere and work as you wish.


An orthodontist is a dentist who specializes in straightening and beautifying crooked, crooked, and crooked teeth. They are experienced in solving such dental problems. Orthodontists simultaneously examine the jaws of the teeth, diagnose any abnormalities and provide necessary advice. They replace devices like braces, retainers, and bands for various dental problems.

An orthodontist’s annual income can be two and a half lakhs on an average. This profession is in great demand all over the world and can earn a lot of money from it as no one can do this job without them.

Earnings here will depend on the location you are in, your experience and how popular you are.

Full Stack:

Developer The basic income of a full stack developer is above 1 lakh dollars per annum. Moreover, web app development has a lot of income opportunities. Many businesses need developers for program development, internal tools and automation. In these problems companies can hire full stack developers instead of hiring back and front end teams. Because a full stack developer has knowledge in all aspects.

F1 engineer:

An F1 engineer’s annual salary will start at $40,000 as a junior engineer. But it will change quickly based on work, success and sponsors. Here is an opportunity to earn 1 lakh dollars a year very easily. They mainly work for a specific industry and employ many engineers including software engineers, mechanical engineers. They also have many other benefits including travel, insurance, performance bonus.

Risk Analytic:

On average, a risk analyst’s annual income is $80,000. Risk analysts are experts in specific fields and are involved in the company’s overall risk management strategy. They study the data and try to infer patterns. and share this information with those who build strategy so that the company minimizes risk. A risk analyst can work at any level of the company depending on his position in the company.


Freelancing is a game changer in the job sector. There is no income limit here. Unlimited income is possible here if you have skills. Freelancers are constantly earning thousands of dollars through various marketplaces like Upwork, Fiverr and Guru. Freelancers can earn more than five hundred thousand dollars a year if he has such good skills. Freelancing is a profession where one can start working on any niche from the comfort of their own home. Its success will depend on how much effort you can put into the marketplace.

Finally, there are many other professions in the world to earn money but if you follow the legal and upcoming trends, these professions will come first. Considering the way new technologies are constantly coming, it would be wise to rely on your career technology.

7 Ways to become a successful entrepreneur

Today’s article is written about how to become a successful entrepreneur. Those who want to become a successful entrepreneur should know the following ways. So let’s find out what you need to do to become a successful entrepreneur.

7 Ways to Become a Successful Entrepreneur:

The obvious goal is steady and hard work:

To be successful as an entrepreneur you must set clear goals. This is important in every job. A successful entrepreneur is fixed on his goal and with that goal in mind he establishes himself through hard work and concrete actions. That is, to reach the goal, no matter how many obstacles come, you have to work hard.

Good knowledge and skills on specific tasks:

You must have thorough knowledge or skills about the business you are setting up. That is, he should have full experience about that business. If necessary, learn well by taking the advice of experts in that work so that you become experienced and later you will be successful in running your own company.

Risk taking and strategic:

You have to be strategic and have a risk-taking attitude in any task. According to the condition of the buyers and market demand, the business should be done. That is, the purchasing power of the buyers and the products that are in demand in the market should be traded with the products. Keep an eye on what products your competitors are bringing to the market. All things considered, you have to produce with risk. When you see that the profit is high and the risk is low, it is wise to take the right risk.

To lead:

To be a successful entrepreneur one must have the qualities of leading from the front. A person is not good at everything. In this case, team formation should be done through coordination and team management should be efficient. As a successful entrepreneur can control himself, he also guides others in the right direction. One can easily catch what one is told will do well and act accordingly. A successful entrepreneur has the innate ability to bring out the best in employees [ HinduNews24 ].

Financial management and accounting:

A new venture takes quite some time to see the face of profit. Until this profit comes, the money in hand should be used properly. If necessary, stop spending where there is excess and keep an account of every income and expense of your organization. As a result, the amount of profit or loss will be known.

Liaise with customers and receive complaints:

Talk to customers sincerely and take their complaints with a smile and resolve them as quickly as possible. This will establish a good relationship between you and your organization with the customers. You need to be adept at using modern technology to interact with customers.

Be confident and prepared for failure:

It is very important to have complete confidence and faith in one’s abilities and all qualities. You have to gain faith that you will overcome all obstacles and reach your goals. Successful entrepreneurs enjoy their work, so they work tirelessly. Moreover, there are both success and failure in any work. Your business may fail. You have to accept this failure and move forward. To be a successful entrepreneur, you must possess the above-mentioned traits. Develop yourself competently and competently with integrity. You will see that everything seems easy.

Last word:

Clayton M Christensen was an American economist and business consultant. His book The Innovator’s Dilemma is a classic book in business. The book shows that large corporations cannot maintain their control for long in a market in which industry and technology are constantly changing. He also said in this book that if a company’s assets, processes and standards are not market-friendly, then nothing can sustain that company. A must read book for entrepreneurs. Then they will understand how to deal with big rivals in the market.

Some characteristics and qualities of an ideal leader

Think, mr. Mallik is the owner of an engineering in Old Dhaka. After passing Diploma Engineering, he started his career by learning to work in a lathe factory without taking any other job. After much difficulty, he installed the lane machine himself and gradually built this firm.

Many diploma engineers and skilled craftsmen are working in his firm now. Various parts and machinery are manufactured here. Mr. Mallick actually started researching foreign machinery in the country. The purpose is to do something like that or not?

On the one hand, the work of making machines and parts is done on the basis of orders, on the other hand, new machines and parts are made and marketed. Separate departments for manufacturing similar products.

He entrusted the responsibility of the department to those people who are efficient and sincere about the organization. He understands the needs of everyone in the organization. Mix with them. Try to solve the problems yourself. Many a times he gives the responsibility of solving the problem to the heads of departments.

So that they are qualified to solve problems. He is very serious about creating and retaining skilled workers. As the employees are improving, the organization is also improving. In this case Mr. Mallick is an entrepreneur and industry leader. The discussion brought out many of the qualities that a leader should possess.

Although there is some variation in the requirements of qualities depending on the time, place and environment, in general, all the qualities that a leader must have are outlined below:

Education and experience:

Acquiring knowledge or knowledge through learning, practice, etc. is called education. Learning in an educational institution is like learning, so is driving learning. What a person learns through experience also counts as education. And all education is light.

Nowadays it is desirable for an ideal leader to have the necessary educational qualifications and experience. Such competence enhances the leader’s image among subordinates. Besides, education and experience empower a leader to carry out his duties.

Organizational Knowledge and Skill:

Organizational knowledge and skills are the knowledge and skills to establish and manage organizations competently. A successful leader must be a competent organizer, therefore, the leader must possess the necessary knowledge to properly divide work in terms of reality, select suitable personnel according to work, properly determine and distribute responsibility and authority, establish a sound communication system, make effective coordination and establish accountable administration.

Power and ability:

A leader’s strength and ability are considered to be the physical, mental, cognitive, technical, etc. ability to do the necessary work and thinking.

An ideal leader is required to take the leading role in all activities. Various complications in the field of work often cause severe mental stress among the leaders.

A leader has to think about work virtually 24 hours a day, ready to act at any time. Therefore, the leader must have sufficient physical and mental capacity.

Courage and strong morale:

A leader’s courage and tenacity is considered to be the quality of going forward with mental strength to aim fearlessly or fearlessly in any situation. An ideal leader must be courageous and strong-willed. If the leader breaks down a little, panics, then it is not possible for him to take new initiatives and lead the followers through various adverse conditions.

Mentality of undertaking responsibility and risk:

Responsibility to perform an action or perform a duty is called responsibility. On the other hand, risk is the mentality of accepting loss with the possibility of financial loss and is considered as the leader’s responsibility and risk-taking mentality. A leader not only has the authority but also has to accept all the responsibilities and risks of the work. If the leader fails to take the responsibility of the work of the subordinates on his shoulders, then the respect and loyalty of the subordinates is not possible for him.


The quality that enables a person to persevere even in times of danger is called patience. It is an essential quality of a leader. If the leader is not able to show patience in adverse environment then it is never possible for him to lead the followers in the right direction. Subordinates do not always behave as desired. In that case, the leader has to take initiative to correct it with patience.

Knowledge about subordinates:

Sense, intelligence and consideration are called knowledge in one word. Such knowledge, intelligence and consideration about subordinates is called knowledge about subordinates. A leader’s job is to direct all the efforts of the subordinates towards goals.

If the leader does not have a clear idea about the thoughts and aspirations of the subordinates, it is not possible for him to gain and manage the loyalty of the people in all situations.


Justice is the quality of establishing fairness and justice especially in managing subordinates by avoiding injustice in all situations. An ideal leader must be fair.

If he fails to establish justice among the subordinates or cannot see everyone equally and if the subordinates do not consider the superior to be honest and equally sympathetic to all, then it is not possible for him to gain the loyalty and respect of the followers.

Hard work and endurance:

Labor is called labor. Sometimes the leader has to work harder than usual. Even in difficult environment, he has to move forward with patience. In which case he needs to be patient enough.

So if the leader is lazy, does not work, breaks down a little then it is not possible for him to properly manage the followers. A leader should always remember that Industry is the mother of good luck.

Skill in communication:

Communication skill is the ability to express thoughts, information and news to others in a beautiful way and get the desired response from him or them. Communication is a key factor in effective leadership.
As easily and beautifully as the leader can present his thoughts, views, orders to the subordinates, it becomes easier to implement them. Similarly, the leader needs to have constant information about the thoughts, actions and reactions of subordinates. Which a leader can achieve only through communication skills.

Power of encouraging:

A leader’s motivational ability is the ability to ensure that subordinates are motivated and motivated to perform to the best of their ability. It is the leader’s job to encourage and motivate the subordinates.

Follower targeting is not possible to manage properly, gain loyalty and reach goals. A leader must know how to motivate an employee in any situation and how to maintain motivation and enthusiasm.


Can think in advance about something with intuition. Ability is called wisdom. A leader must be wise or visionary. If he fails to make a proper assessment of the future by considering the past and the present, then it is not possible for him to make a sound decision.

When a leader is able to make accurate predictions and make the right decisions to achieve success in the workplace, the respect for the leader increases among subordinates.