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Having a profitable enterprise has all the time been a dream for a lot of budding entrepreneurs in India. Over time, many small scale companies have been capable of make a reputation for themselves available in the market. This comes with lots of onerous work and dedication. Right this moment we convey you successful story of an entrepreneur who turned his father’s small enterprise right into a Rs 200 crore turnover enterprise.
Trendy Bazaar & The place It Started
Kunaal Kumar was an engineering grad who needed to pursue an MBA within the 90s to brush up his administration abilities. Nevertheless, his father owned a bakery enterprise in Delhi’s Vasant Vihar and was certain that he may train his son enterprise classes higher than any MBA faculty. The bakery enterprise was established since 1971 which meant his father has had his fair proportion of expertise within the commerce enterprise
Kunaal graduated in 1991 and began working in his father’s bakery. It was in 2005 when Kunaal felt ready to strive his hand within the enterprise himself, he determined to relaunch Trendy Bazaar. Nevertheless, this time he deliberate to launch it as a series of shops within the Delhi-NCR area moderately than only a bakery enterprise.
Throughout his time along with his father, Kunaal mentioned that he discovered the artwork of buyer satisfaction. He realized that what clients need his a high quality of service at an inexpensive worth.
Rising Robust From A Minor Set Again
The bakery enterprise was doing very properly for the Kumar household. Nevertheless, one evening a tragedy occurred that pulled their desires again for some time. Their bakery store caught fireplace which compelled them to close it down. After the incident, Kunaal’s father determined to retire and that’s when he determined to relaunch his enterprise.
He did begin with a small bakery store however quickly turned it round by offering its clients with extra than simply baked items. Quickly he turned in the direction of the enterprise of retail outlet and has by no means appeared again since.
With the assistance of his trusted group, Kunaal has been capable of open up a brand new retailer each 1.5 years.
Every thing occurs for a cause and though they went by way of a tough time, ultimately, all the pieces turned out to be of their favor.
The Progress Right this moment
Trendy Bazaar at present has grow to be an enormous title within the retail sector and employs over 900 folks and serves greater than 25000 merchandise. The retailers witness over 5000 each day footfall and it has gone on-line as properly.
In subsequent 5 years alone, Kunaal plans to open up 10 extra retailers in Delhi NCR, and shortly he plans to open up an outlet in each main metropolis of the nation.
