New Delhi. In this festive season, people’s demands change. There is only one month left for Diwali and if you are thinking of earning money in this month, then we are telling you about a special business through which you will be able to earn a lot. This business can be started in just 1 lakh rupees and its demand also never decreases. We are telling you about the biscuit making business. Due to the guarantee of consumption and returns, it is not difficult to raise funds for this business. You will also get a loan easily under the government’s Mudra Scheme. To start a manufacturing unit to make such biscuits, cakes, chips or bread, you will have to invest in space to set up the plant, low capacity machinery and raw material.
cost of biscuit plant
Working Capital: Rs 1.86 lakh includes the cost of raw material, ingredients, worker salary, packing and rent etc.
Fixed Capital: Rs 3.5 lakh: This includes the cost of all types of machinery and equipment.
Total cost: Biscuit manufacturing business can be started at a cost of Rs 5.36 lakh i.e. Rs 5.36 lakh. In this, by investing only Rs 90 thousand from your pocket, the remaining amount can be raised on the term loan and working capital loan.
read this also-If you transfer money every month for household expenses, can your wife receive an income tax notice?
Account of deposits and expenditure (yearly/rupees)
>> Production Cost: Rs 14.26 lakh
>> Turnover: Rs 20.38 lakh
>> Gross Profit: Rs 6.12 lakh
>> Loan interest: Rs 50 thousand
>> Income Tax: 13-15 thousand rupees
>> Other expenses: Rs 70-75 thousand
>> Net Profit: Rs 4.60 lakh
>> Monthly Income: 35-40 thousand rupees
At the rate of 38% annual return, the entire investment can be recovered in one and a half years.
Tags: Business Opportunities, New Business Idea
FIRST PUBLISHED : October 21, 2020, 07:23 IST