Money Making Ideas: Start this business with low investment, every household has demand all the time, know how much you will earn
Money Making Ideas: Now there is a growing desire among people to start their own business. Now the number of people who want to do their own work instead of working somewhere is constantly increasing. While there are more opportunities to earn more money in a business than a job, it also frees a person from many types of restrictions. If you also plan to start a business, then today we are giving you a great business idea.
Money Making Ideas: You can start soap making business to earn good income with less investment. Be it village or city, it is always in demand. You can set up a soap manufacturing factory or set up a soap making unit. To start this business, you can take 80% loan under Mudra Yojana.
Categories of soap market in India
The soap market can be segmented into different categories based on its usage. You can develop your products for any of these categories keeping in mind the demand and market.
Laundry detergent
Beauty soap
Medicated soap
Kitchen soap
Scented soap
Know how much you will earn from soap business?
According to Central Government’s Mudra Scheme project profile, you will be able to produce a total of around 4 lakh kg in 1 year. Its total cost will be around Rs 47 lakh. After all the expenses and other liabilities in the business, you will have a net profit of Rs 6 lakh ie Rs 50,000 per month.
Tags: business ideas, Money making tips
First Publication: November 23, 2024, 10:53 IST
#Money #Making #Ideas #Start #business #investment #household #demand #time #earn