Business Idea: Do you want to start your own business but have a problem with less capital, then the Paper-Making Business can be a golden opportunity for you.
You do not need much money to start this business and the profit is also good. Let’s know about this business in detail.
Paper Making Business: A Unique Opportunity
Given the increasing demand for paper, the paper-making business can prove to be very profitable. You do not need much space for this business and it can also be started from home.
Things required to start a business
Machinery: You will need a special type of machine to make paper.
Raw material: Bamboo, old paper, or other plants are mainly used to make paper.
Space: Even a small space is enough for this business.
License: You may need to take some licenses to start the business.
Papermaking process
The process of making paper can be a bit complicated, but with the right technology and knowledge, it can be learned easily.
Collection of raw materials: Bamboo, old paper, or other pulpy materials are mainly used to make paper. Collecting these raw materials is the first step.
Pulp making: Pulp is prepared by dissolving raw materials in water. Chemicals are also mostly used in this process.
Paper sheet making: The pulp is converted into thin sheets through a special machine.
Drying process: The paper sheet is dried.
Finishing: The dried sheet is cut into the required size and packed.
Cost to start the business
You will need about Rs 15 lakh to start a paper-making business. This includes machinery, raw materials, and other expenses.
But don’t worry, under the government’s Mudra scheme, you can easily take a loan and get up to 80% subsidy.
Way of earning profit
The paper-making business is very profitable. Annually you can earn up to Rs 6 lakh from this business. That is about 50 thousand rupees a month. The best part is that your profits will keep increasing over time.
Marketing strategy
Marketing is important to make your business successful. You can use social media, print media, and other mediums. Apart from the local market, you can also sell your product online.
Paper manufacturing business is not only profitable but is also good for the environment. If you want to start a business that gives high profits with low investment, then a paper manufacturing business can be a good option for you.