In today’s time, everyone wants to start their own business, but most people do not take the step due to the fear that it will require huge investment and the risk will be high. If you also think the same, then this news is for you!
A great business that you can start from home and earn a lot of money every month. It neither requires a lot of money nor expensive resources. Just arrange for 1-2 things and start your own business. So let’s know about this business in detail.
Stable Business Idea
Yes, we are talking about the papad business. The food business in India never slows down. Especially the demand for papad remains throughout the year. Be it a wedding-party, hotel-dhaba or a common household, papad is used everywhere.
This is the reason why papad making business can become a good and profitable business. The special thing is that it can be started from home at a low cost and by adopting the right strategy, one starts earning a lot in a few months.
What will it take to get started?
If you want to start it on a small scale, then even one room of the house will be enough. But if you want to start it on a large scale, then at least 250 to 300 square meters of space will be required.
To run this business smoothly, you will need 2-3 workers. There are two types of costs in this business:
- Fixed Capital: This includes the cost of machines, packaging equipment and other resources.
- Working Capital: This includes purchase of raw materials, salary of employees, electricity-water bills and other expenses.
These machines will be needed
If you work on a stable business idea of making papad by hand, then it will not require many machines. But to do business on a large scale, these machines will be necessary –
- Dough Kneading Machine
- Papad Rolling Machine
- Papad drying machine
- Packing Machine
How much space will be needed?
If you are starting this business on a small scale, then 250-300 square feet of space at home will be enough. But to work on a large scale, you need at least 250 square meters of space.
Government is also helping, money will be available easily
If you don’t have enough money to start with, there is no need to panic. You can easily get a loan of up to Rs 4 lakh under the Mudra Loan Scheme.
This loan is available at a low interest rate and can be repaid in a period of up to 5 years. The government is also giving special concessions on this business to promote small industries.
Marketing and Sales
The most important thing in this Stable Business Idea is marketing. If you want to earn well, then it is important to deliver your product to the right place. For this you –
- You can contact the dealer in the wholesale market.
- You can keep your products in retail shops, supermarkets and grocery stores.
- You can list your product on online platforms (Amazon, Flipkart, Meesho).
- You can reach customers directly through social media (Instagram, Facebook, WhatsApp).
Now let’s talk about earning
Now the most important thing is earning! If you invest a total of Rs 6 lakh every month in this business, then you can easily earn Rs 1 to 1.5 lakh per month.
The net profit from this is 50,000 to 60,000 rupees. If the marketing is good and the quality of your product is excellent, then this profit can be more than 1 lakh rupees.