Paper Disposal Business: Great opportunity for low cost, high profit
Nowadays everyone wants to start such a work which gives good income and also gives the comfort of being their own boss. If you are also thinking like this, then paper disposal business can be a great option for you. Along with low cost and good profit, this business is also environmentally friendly. Let’s know how to start this business.
Increasing demand for paper disposal business
Today, the use of glasses, cups and plates made of paper is increasing rapidly everywhere. Their demand is increasing day by day at weddings, parties, or tea shops. Now people are giving preference to eco-friendly options instead of plastic. Therefore, there are great opportunities for growth in this business.
Things required to start paper disposal business
- Selection of machine
First of all you have to buy a machine to make disposable glasses or cups.
Small machines: If you want to work on a small scale in the beginning, then you can get a machine for Rs 1-2 lakh.
Big machines: For large production, you will need large and automatic machines, which cost more, but also give more output.
- Raw material
Along with the machine, raw material like paper reel and glue is also needed. These things are easily available in the local market or online.
- Arrangement of space
Some space will be needed for the machine and production. If you have an empty room or a small warehouse in your house, then you can start from there.
How to start a business
- Prepare the setup
First of all, set up the machine and raw material properly.
- Start production
Initially focus on small orders. This will help you understand the production process better.
- Do marketing
Contact local shopkeepers and tea sellers.
Sell your product to catering companies and event management.
Take orders for big events like weddings and parties.
What to do if there is a problem of funds?
If you do not have funds for the initial investment, then there is no need to panic. You can take a loan under the Pradhan Mantri Mudra Yojana. In this, loan is available at a low interest rate, which is helpful for those starting a small business.
Earnings Estimation
If you run this business correctly, then you can earn from Rs 40,000 to Rs 1,00,000 per month. As your business grows, your income will also increase.
Conclusion
Paper disposal business is a work that can be started at low cost, in which the risk is low and the profit is high. If you start it with the right plan and hard work, then this business can make you financially self-reliant.
So what are you waiting for? Plan your business today and write a new success story with your hard work.
