Business Idea: If you are facing challenges with unemployment and wish to create job opportunities for yourself and others, there are numerous business concepts that can help alleviate this issue. One promising idea is starting a broom manufacturing business, which can be initiated from home with minimal investment.
Broom making business idea
Brooms are essential household items that are consistently in demand throughout the year, as they are used for cleaning homes and surrounding areas. The significance of natural brooms in this industry cannot be overstated. While plastic brooms are available in the market, the demand for natural brooms far exceeds that of their synthetic counterparts. Various types of brooms, including those made from grass, coconut, palm leaves, and corn husks, present ample opportunities in the local market. To succeed in this venture, it is important to understand natural materials and the techniques involved in broom production. You can market your products through local shops, markets, and online platforms, and even establish your own brand to maximize profits by setting competitive prices.
In our country, wooden brooms (sink brooms) and soft brooms (flower brooms) are particularly sought after, and these are typically handcrafted. This business can be launched in a small space, making it viable in both rural and urban settings, where demand remains high. With a modest financial outlay, you can easily start this enterprise and potentially involve others to expand your operations.
Probable income margin
In urban areas, the market price for a flower broom ranges from 100 to 150 rupees. Therefore, if you manage to sell at least 200 brooms in a month, your earnings could range from 15,000 to 30,000 rupees.