Business Idea: Start this business with less money, after deducting all the expenses you will earn 60,000 to 1,00,000
Business Tips: Everyone wants to earn a lot of money in the shortest possible time. This is not possible through a job, so for this, a business idea is needed which will start earning as soon as it starts.
If you are also looking for something like this, then we are giving you such an idea. Where you have every possibility of earning bumper money every month. This is such a business, which has a huge demand in the market. Let us know how much it will cost to start and how much profit will be there.
HR Mandi Bhav News:- If you do a job but are not able to fulfill your financial needs with the salary you get every month, then today we are going to tell you about a business from which you can earn a lot. We are talking about Wooden Furniture Business. You can do this business along with your job.
The demand for wooden furniture business is increasing rapidly in today's time. People are preferring wooden furniture and decorative items to decorate and renovate their homes, making it a highly profitable business.
If you are short of budget to start this business, then you can also get a loan from the central government, which will be helpful in starting it.
The business of wooden furniture not only gives profit, but it is also considered a safe investment due to the increasing demand in the market.
How much will it cost to start a wooden furniture business
To start a wooden furniture business (Cost of wooden furniture business), you will need an initial capital of about Rs 1.85 lakh.
Apart from this, a composite loan of up to Rs 7.48 lakh can also be obtained from the bank under the Mudra scheme of the Central Government.
Out of this amount, about Rs 3.65 lakh can be used as fixed capital and about Rs 5.70 lakh can be used for three months' working capital.
Actually, the Modi government's Mudra Yojana has been created with the objective of providing financial support to small businessmen, under which a loan of up to 75-80 percent can be given to start a business. Through this scheme, you can also easily start your wooden furniture business.
How much will you earn from the business of wooden furniture-
The best thing about this business is that it starts earning money as soon as it is started. If you calculate the profit after deducting all the expenses, then you will easily make a profit of Rs 60,000 to 100000.
You can easily repay the loan you took to start the business with this money. You can double your income even with low cost. Which will help you in securing your future.