You have investment you have idea , then Yes ! you can start your business today .

Business is about doing hardworking and doing it today , if you think of researching more and more about a particular business youll never be able to get into it . This is because you will not be able to gather experiences which actually a business man experiences by involving his own money and by doing hard work in business .

The second thing you have to keep in mind is investing in the right product , as per the market or the demand . Now here you will ask this require research work and that too require time also ? A simple solution for this is you just have to follow your neighbours and that’s it follow them.as such in doing all business tactics or at most work practically on some of your relatives business or some place to gather experience .

There are several situations where you have to think of investing a particular sum in some particular product category where or where you have to maintain different category of goods within a low budget , with this comes the concept of wholesaler or manufacturer .

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How about doing Small Manufacturing Business ?

Let’s assume you are middle class person or belong to a low income family where you have about 2 to 3 lakhs to invest in any business . So will you decide to get into manufacturing . Is is possible to start a manufacturing business under 4 lakhs .

Yes you can do , you just have to invest in manufacturing of medicines , pvc garden pipes , steel mouldings etc . Here you might have got my point – successful business can be done even within 4 lakh only it is about choosing the right product .

So lets see some manufacturing ideas within Rs 4 lakhs :

1. PVC Garden Pipe Manufacturing
2. Medicine Manufacturing
3. Man Hole Manufacturing
4. Wraught iron manufacturing
5. Knife cutting items manufacturing
6. Braiding Rope Manufacturing
7. Coconut Coir Manufacturing.

These are some high demanded products , manufacturing of which you can start even in your locality . These goods are demanded in bulk quantity and are even sold like fire.

Manufacturing requires investment in plant and machinery , labour , electricity and some other sundry expenses . If you are good at managing your expenses then you mush initiate doing a manufacturing business.

Also easy credit schemes are also.availaibl to the manufacturers from government which you can avail to expand your business , because expansion in India means development and buyers comes with development of the company .

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Will Whole selling be easy ?

 

Whole selling is holding huge stocks of goods and selling them to small retailers . Now if you are thing where is the profit in this then read the below example :

Suppose Mr Raj is a whole seller of brass fittings or cp fittings , he provides his supply to small shopkeepers on a daily basis , due to shortage of imports in the country of brass , the price of brass items rise . In this case the winner would be Raj because at that point of time he is holding huge stock of brass items and now his cp fittings will be sold at a higher price than what he purchased .

So , you might have got the benefits of becoming a whole seller.

Let’s see what things you can whole sell :

1. Ceramics while selling (Tiles , Sanitary ware items etc )
2. Steel or Iron Door Fittings
3. Plastic Consumer Goods like bucket , showels or cup plates etc
4. Plastic Cp.fittings
5. Wire mesh
6. Coconut Coir
7. Pumps.or.motor accesorios

The only thing you have to.keep in mind , being a wholesaler reputation of a business builds only when he is wholesaling 1 or 2 or atmost 4 goods in bulk , depending as per investment capacity , because people tend to thing that person is whole selling only few good that means his prices are low as compared to retailers . If you deal in multiple.items then try buying them in bulk .

No future of Retailing. 

Do you think retailers will be able to survive by 2025 ? .
E-commerce has already taken all business out of market , and it is my calculations if you are thinking to do retail bushiness then you can do for a short period but later you have to jump to e-commerce only .

For retail business you can start any business type within Rs 2 lakhs and you might not have to maintain such huge inventory as customers on retail shops in India are expected to reach only in few numbers daily .

For retail shop , we have the following business ideas for you :

1. Bike Repairing Business
2. Confectionery store
3. Clothing store

You can open anything . But we will never recommend going for a retail business straight away because in this competitive world you have to be multitasked and have to be a big investor to save good profits .

E-commerce will Rule

Flipkart , Amazon , Mesho , Jiomart , Jd Mart all have jumped into the e-commerce world , but these are only names behind the scene are local shop owners retailers , manufacturers whole sellers and traders .

E-commerce is good and prompt but ideally it is taking over business of small income groups , because these small shops are not able to land their business on e-commerce portals , also they don’t know how to handle compliance of these entities .

E-commerce makes a good fit 3 times more , which is also causing inflation. Just think you are selling a bucket and in local shop it costs you 1000 ,on an ecommerce platform you will be paying :

1000 For product , plus 100 for portal commission plus seller profit plus delivery charges plus taxes .

Advisory

If you have good sum to invest in any business then surely go to start a offline wholesale business , because wholesale business is what only grows in a country like India ,while a detailed sitting at a chair leaves to heaven sitting at that chair only.
If you have any further questions , do comment down below or you can send your feedback on the below form .