New Delhi. If you have the passion to do business then you can earn good income every month. Prime Minister Mudra Scheme can help you in this work. You can think of setting up a soap factory as a small business. The demand for soap ranges from big cities to small cities, towns and villages. Which can be a profitable deal for you.
Soap manufacturing factory can be started in just Rs 4 lakh. Apart from this, you can also get loan up to 80 percent. Under Mudra Loan Scheme, not only is it easy to get a loan but the entire business project can also be prepared. Let us know how this business will be started, how you will have to arrange money. What will you need for this?
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Start business under Mudra Yojana
It will be very easy for you to do this type of business because the first thing is that the government itself provides you a complete detailed report covering every aspect of it. Apart from this, you can also get loan up to 80 percent. You do not even need to prepare a project report for loan because the government has already prepared it, you can use the same.
Machines and equipment cost Rs 1 lakh
To install this unit, you will need a total area of 750 square feet. In this, 500 square feet will be covered and the rest will be uncovered. A total of 8 equipment including machines will be required. The cost of the machines and their installation will be only Rs 1 lakh. It will take seven months, in total seven months you can complete all the formalities and start production.
How much will you have to pay in total expenses
The total cost of installing this entire setup will be Rs 15.30 lakh. This includes space, machinery, three months’ working capital. Out of this, you will have to spend only Rs 3.82 lakh, because you can take the remaining loan from banks.
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Great low cost business idea
According to the project profile report of Mudra Scheme, you will be able to produce about 4 lakh kg in a year, the total value of which will be about Rs 47 lakh. After paying expenses and other liabilities, you will get an annual profit of Rs 6 lakh.
Get the project report from here. If you want to start this business, you will get complete information about it on http://www.mudra.org.in/.
Tags: Business at small level, Business from home, Business ideas, Business opportunities, Earn money, How to earn money, New Business Idea
FIRST PUBLISHED : July 18, 2021, 05:27 IST