Low Investment Business Idea: If you want to start your own business, then look no further. You can do a trending and medically well earning business. The venture we are going to talk about has a huge market. This business is of making face cream.
This business promises a good income. There is a high demand for all-purpose cream at this time. Skin care has become a top priority in today’s health conscious society. Many well-known brands as well as small MSME players are flourishing in the market by making face care items.
All-purpose cream only because it is in demand in urban centres, towns and rural areas alike. Apart from this, the ever increasing number of beauty parlors will also increase your business.
How to make all-purpose cream?
For the production process of all-purpose cream, you will not need a lot of machinery. In addition, the raw material is easily available across the country, making setting up and running the business streamlined.
You can also take a loan…
Khadi and Village Industries Commission (KVIC) has prepared a comprehensive project plan for setting up an all-purpose cream manufacturing unit. The initial investment is estimated at Rs 14.95 lakh, of which individual contribution is only Rs 1.52 lakh. To cover the remaining expenses, you can take a term loan of Rs 4.44 lakh and a working capital loan of Rs 9 lakh.
About 400 square meters of space is required to set up this venture, which can be either owned or rented. The cost includes Rs 3.43 lakh for plant and machinery, Rs 1 lakh for furniture and fixtures, Rs 50,000 for pre-operative expenses and Rs 10.25 lakh for working capital.
How much will be the profit
At full operating capacity, the first year net profit after deducting all expenses is estimated to be Rs.6 lakhs. Moreover, these earnings are expected to grow steadily as the business expands. Media reports say that by the fifth year your profits can potentially exceed Rs.9 lakhs.
