If you are also planning on starting your own business, then this article is for you. We bring you a great business plan. Generally, people feel that a lot of money is needed to start any new business. But we are going to tell you about a business in which you can earn good profits in a few days by investing less money. You can also start a paper napkin-making business.
New Business Idea
The paper napkin business has seen a lot of growth in the last few years. There has been a boom in the business of companies making paper napkins in the market. If you are also thinking of starting a paper napkin business, then first of all, better planning is very important. So let’s know how much investment is required to start a paper napkin business. Also, know about the benefits of this business.
Start like this
Nowadays, the demand for tissue paper in the market is increasing rapidly. The specialty of this business is that you can also take a loan from the government. The name of this loan scheme is Pradhan Mantri Mudra Loan Scheme. Under this scheme, you can get a loan of up to Rs 10 lakh. With the help of this money, you can do a paper napkin business on a large scale.
Business expenses and earnings
To start a tissue paper business, you will first need a machine that makes tissue paper. The market price of this machine is about 4 to 5 lakh rupees. Also, raw materials will be needed to make your tissue paper. In that too, you will need an investment of 4 to 5 lakh rupees. In such a situation, you can take a loan of 6 to 7 lakh rupees from the government and start a business by investing the rest of the money yourself. You will have to make tissue paper, pack it, and supply it to the nearby retail market.
Also, you can tie up with a big multinational company to sell your napkins. In this way, you can earn a net profit of up to Rs 1 lakh by removing the cost in a month. With this, you can also repay all the loans gradually.
