How to start a manufacturing business
A popular business associated with small industry is the business of notebook manufacturing. The special thing is that the demand for notebook, note pad or record book is everywhere, whether it is school-college or office or business, it is needed everywhere. Even in homes, they are used in many works. Demand for note book or no pad is increasing day by day. If the quality of your product is good, then there is more chance of being successful in business. You can start a business in any area.
What will be neededWhether you have space or building, business can be started in both conditions. If you do not have space, then you can rent space up to 500 sqft. For this, you will have to rent according to the area. Rent can range from 5 to 15 thousand rupees. If you have your own space, then this money will also be included in your savings. You have to set up the machinery at this space.
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How much will it costTotal expenditure: Rs 16.88 lakh, Working capital: Rs 12 lakh, Working capital includes Raw material, Labor charge, Packing, Telephone bill, Electricity bill, Rent etc.
Expenditure on machinery: Rs 3.94 lakh, fixed investment includes the cost of complete machinery and other set-up. Electrification: Rs 35 thousand, Furniture: Rs 45,400.
This is how earnings will be
The government has prepared an estimate, in which the turnover ratio has been prepared according to the production cast and sale. After preparing a fixed quantity of product and fixing its MRP.
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Cast of production
Rs 4 lakh per month i.e. Rs 47 lakh annually, Turnover: Rs 5 lakh per month ie Rs 59 lakh sale annually Profit: Rs 7 Lakhs annually, Monthly Profit: More than Rs 50 thousand, Note: According to an estimate, the manufacturer has 50 thousand notebooks, 10 thousand -10 thousand record books and note money every 3 months. Can cell.
This is how the government will help
To start a business, you have to show 4.23 lakh rupees from your pass. Working capital loan: Rs 9 lakh, term loan: Rs 3.65 lakh, total expenses: Rs 16.88 lakh. For this, under the Pradhan Mantri Mudra Yojana, you can apply in any bank. For this, you have to fill a form, in which you will have to give this detail … Name, address, address of starting a business, education, current income and how much loan is needed. There is also no need to pay any processing fees or guarantee fees. Loan amount can be returned in 5 years.
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