Whether you are an entrepreneur looking to start a profitable small business or, if you are unemployed, want to start a unique business with less investment, today we are going to tell you about a business idea that you can start with less money and get more profit from. .
Even with a small initial investment or own contribution, this business can generate millions of rupees with adequate credit.
Business Idea: Rusk Biscuits Manufacturing Business
This product is in high demand in homes and restaurants alike. It stands for meals and snacks on the go. People of all ages love it. Well, we are talking about Rusk Biscuits. Due to its huge demand and cost, rusk biscuit business can be one of the best startup ideas. People of all ages enjoy Rusk Biscuits and their demand is consistently high in both urban and rural areas. If you start a rusk biscuit making business, you can earn around a handsome net profit per month from it. Government will help you to start this business. In such cases, setting up a facility for the production of rusk biscuits is one of the business projects that you can identify.
Business Idea: How to Start a Rusk Biscuit Manufacturing Business?
Considering its huge demand, you can start the business of making rusk biscuits on a small or large scale and earn huge profits. Although they can be made by hand at home, bulk production and sale of rusk cookies requires an automated machine. To start a rusk manufacturing business, one needs to invest in setting up a plant, raw materials and machinery. 500 to 800 square feet of space will be required to start the business. If you don’t have one, you can rent a place.
Business Concept: Capital is required to start a business of making Rusk Biscuits
The Khadi and Rural Industries Commission (KVIC) has prepared a report on the business of making rusk biscuits. The report says that’s a start Rusk Biscuit business will cost you Rs 40 lakhs, out of which your own contribution will be Rs 4 lakhs.
Rusk Biscuit Manufacturing Project Cost
Renting/owning land
Building & Civil Works: Rs.4.00 Lakhs
Plant & Machinery: Rs.21.60 lakhs
Furniture & Fixtures: Rs.1.30 lakhs
Other equipment: Rs.2 lakhs
Working Capital: Rs.11.11 Lakhs
Total cost of the project = Rs.40 lakhs
Rusk Biscuit Manufacturing Finance
Own contribution 10%: Rs.4 lakhs
Term Loan: 26 lakhs
Working Capital: Rs.10 Lakhs
How does the government help you start your business?
Government will help you to start your rusk biscuit manufacturing business. You can apply for bank loan under Pradhan Mantri Mudra Yojana (PMMY). Under this policy, you can get a loan of up to Rs 10 lakh, which is a respectable amount to start a business. Since PMMY offers unsecured loans, no collateral is required to apply, and the funds will be disbursed hassle-free.
Business Idea: Profit from Rusk Biscuit Manufacturing Business
If your Rusk Biscuits have a unique taste and quality, along with good marketing, you will see millions in sales from your business.
The KVIC Prospective Report gives a five-year projected profitability statement on Rusk Biscuits business saying that in the first year you can see a net profit of Rs.9.68 lakhs, in the second year Rs.11.30 lakhs, in the third year Rs.14.84 lakhs, Rs.21.21. lakhs in the fourth year and Rs.27.85 lakhs in the fifth year.
(Disclaimer: This article is for informational purpose only and for project identification of readers. Earning calculator is also mostly based on hypothetical figures to give specific examples as mentioned by KVIC previous estimates. Zee News article does not intend to give any kind of financial advice. Any venture You must do your own due diligence and market research to get started.)
Where we collect the information from Source link
Disclaimer:- We include in each post a link to where each content on our website is collected from.If there is a complaint against any post please contact us directly.
Email: post-support.dailyfastnews24.com
You can also write on the popular online news portal dailyfastnews24.com. Writing topics feature, travel, lifestyle, career, IT, agriculture and nature. Send your entry today to [email protected]
advertisement:-If you would like to advertise on our website please contact us here.Our Ads team will contact you very soon.
Email: [email protected]
The cost of advertising:- 1 Post 100 USD Lifetime.
Thank you very much for visiting our website. Have a good day.