New Delhi. We are telling you about a specific business (business idea). Which you can start with less money and make more profit. We are talking about biscuits, yes biscuits are something that is always in demand. Its demand never decreases. At the time of the lockdown, when all industries were badly affected, Parle G Biscuits sold so much that the last 82-year record was broken. In such situations, setting up a bakery product making unit may be a good option.
If you want to open a bakery industry, the Modi government itself is helping you. To start a business under a currency scheme, you only need to invest Rs 1 lakh. Up to 60 per cent of the total expenditure will be provided from government funds. For this the government has prepared the project report itself. Excluding all the expenses of the business set up by the government, a profit of more than Rs 40,000 per month can be made.
Read more: Start this business leaving the worries of job for only 60 thousand rupees, 25 years income, 90% of the cost will be borne by the government
How much will it cost?
Total cost for setting up the project: Rs. 5.36 lakhs, you need to invest only Rs. 1 lakhs from yourself. If you are selected under the currency scheme, you will get a term loan of Rs 2.87 lakh and working capital loan of Rs 1.49 lakh from the bank. Under the project, you should have your own space up to 500 square meters. If not, you have to rent it and show it with the project file.
How much profit?
According to the project report prepared by the government, the total annual production and sales is estimated at Rs 5.36 lakh.
4.26 lakhs: Keep production off all year
20.38 lakhs: There will be so many products made throughout the year that if you sell them you will get Rs 20.38 lakh. Please be informed that the selling price of bakery products has been fixed based on the rates of other items available in the market.
6.12 lakhs: Gross operating profit
70 thousand: Administration and sales costs
60 thousand: Bank loan interest
60 thousand: Other costs
Total profit: 4.2 lakhs annually
Read more: 7.13 rupees stock is 718 rupees, 1 lakh 10 crore rupees, do you have?
Apply for a currency scheme
For this, you can apply to any bank under the Prime Minister’s Currency Scheme. To do this, you need to fill out a form to provide these details … name, address, business address, education, current income and how much loan is required. There is no processing fee or guarantee fee. The loan amount can be repaid in 5 years.
Tags: business from home, Business opportunities, Make money, How to make money, Starting your own business