If you want to start a business with low investment, then we are telling you about one such business. In which investment is very less and profit is high.
New Delhi. If you want to start a small business with low investment, then we are telling you about one such business planning. In which investment is very less and profit is high. The special thing is that to start this business, you have to invest only 2 lakh rupees from yourself, the rest of the money will be given to you by the central government. You will easily get a loan under the Mudra Scheme of the government. Let us tell you everything about this business:
Start Tomato Sauce Business: The demand for tomato sauce or tomato ketchup is usually there all the time and in most of the homes or hotel restaurants. Nowadays, along with many big and popular brands, many types of local brands are also present in the market. If the quality of the local brand is also good then the demand increases. In such a situation, starting this business can prove to be a good idea.
Expenditure Figure Total Expenditure: Rs 7.82 lakh, Fixed Capital Rs 2 lakh (inclusive of all machinery and equipment). Working Capital: Rs 5.82 lakh (includes tomato, raw material, ingredients, workers’ salary, packing, telephone, rent, etc.).
This is how you will get help from the government: In this you will have to invest Rs 1.95 lakh from yourself. The term loan will be Rs 1.50 lakh. Working capital loan will be Rs 4.36 lakh. This loan will be easily done from any bank under the Mudra scheme.
How will the profit be made: The annual turnover can be Rs 28.80 lakh in terms of the estimated investment of Rs 7.82 lakh. Cast of Production: Rs 24.22 lakh per annum, Net profit: Rs 4.58 lakh per annum, Profit of the month: Rs 40 thousand approx.
How to get loan: For loan under Mudra Yojana, you will have to apply in a government or bank branch. If you want to start your own business, then you will have to provide many other documents including house ownership or rental documents, work related information, Aadhar, PAN number. The bank manager approves the loan after verification.
How to Apply: For this you can apply in any bank under Pradhan Mantri Mudra Yojana. For this, you will have to fill a form, in which these details will have to be given… name, address, business address, education, current income and how much loan is required. There is no processing fee or guarantee fee to be paid in this.
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