Small Business Idea: If you want to start your business then we are going to give you a business idea, where you will be able to start business by investing less. For this, you will also get help from the government.
New Delhi. Corona Virus wreaked havoc all over the world, causing the most damage to the small business and daily wage workers who used to work hard all day to fill their stomach. We are going to tell a best business idea for such people whose earnings were affected in this corona. This business can be started by investing a little money and can earn a lot in a month. In this business, you can set up a cutlery manufacturing unit. The best thing is that to start a business, you will also get help from the Mudra Scheme of the Government of India.
This will be business
Let us tell you that cutlery manufacturing unit is such a business, which is needed in every household nowadays. Apart from this, cutlery is in demand at parties, weddings, picnics, and food shops. You can start the business of Cutlery Manufacturers Business made of metal in it. To start this business, you should have only 1.14 lakh rupees. For this, you can take a loan under the Mudra Scheme of the government. 15000 rupees can be easily earned from business in a month.
Will cost so much
Expenditure on set-up: Rs 1.8 lakh (This includes machinery like welding set, buffing motor, drilling machine, bench grinder, hand drilling, hand grinder, bench, panel board and other tools.)
Raw Material Expenditure: Rs 1.20 lakh (raw material for 2 months)
Note: According to the report, 40 thousand cutlery, 20 thousand hand tools and 20 thousand agricultural implements can be prepared every month in this raw material.
Salary and other expenses: 30 thousand rupees per month
Total Expense: Rs 3.3 lakh
How will you earn money?
According to the government’s project report, the finished product is expected to generate sales of Rs 1.10 lakh per month. Its manufacturing will cost Rs 91800 per month. Accordingly, every month you will have a profit of more than Rs 18,000. After repaying the loan and deducting the incentive cost, your net profit will be more than Rs 14,400. For this, only 1.14 lakh rupees will have to be shown from your possession. In the remaining expenditure, the government will help by giving a term loan of about Rs 1.26 lakh and a working capital loan of Rs 90000.
apply like this
If you want to take a loan to start cutlery business, then you can apply in any bank under Pradhan Mantri Mudra Yojana. For this, you will have to fill a form, in which details like name, address, business address, education, current income and how much loan is required.
