Start a profitable business with less money, the money will be rained in just 1 year
After the market opens its effect will be visible. The demand for paper napkins is increasing due to changing lifestyles. Tissue paper has already made its place in offices, hotels, and restaurants.
Start a profitable business with less money-> The lifestyle of people is changing with time. Due to Coronavirus, most people are focusing on cleanliness. In such a situation, the demand for many things is going to increase. After the market opens its effect will be visible. The demand for paper napkins is increasing due to changing lifestyles. Tissue paper has already made its place in offices, hotels, and restaurants. But, now it is also going to be a part of people’s private lives. In such a situation, you have the opportunity to start the business of paper napkins. Let us tell you how the government can also help you in starting this business.
Will earn millions of rupees
Due to the increased demand for tissue paper, there is a very good scope in this business. Today this business has made its place in the market. If you too are thinking of doing business, then paper napkin business is a very good option. You can earn well by starting this business. Apart from this, you can also take the help of the government in starting this business.
How much will be the investment?
To start this business, you will have to invest 3.50 lakh rupees. If you invest 3.50 lakh rupees then you can start this business easily. After having so much money, you can also apply for a loan under any currency scheme with any bank. If you apply for a loan, you will get about 3 lakh 10 thousand rupees as a term loan and a working capital loan of up to 5.30 lakh rupees.
Annual turnover of around 1 crore
In this business, you can produce only 1.50 lakh kg of paper napkins in a year. To do more than this, you will need to get approval and after production it can be sold in the market at the rate of Rs 65 per kg. If you produce 1.50 lakh kg of paper in a year, then according to 65 rupees your turnover will be about 97.50 lakh rupees. If you remove all your expenses from this, then you can save up to 10 to 12 lakh rupees in a year.
It will cost so much money
To start this business, you have to spend about 4.40 lakh rupees on machinery, which will be a one-time cost only. At the same time, if we talk about raw material, then 7.13 lakh rupees will also be spent on it. If you talk about other expenses, then you will have to invest about 11 lakh rupees for the first time including transportation, consumables, telephone, stationery, maintenance, electricity, etc.