Business Idea: Nowadays a large number of people are moving towards starting their own business. Some people are earning good profits by starting small business from food to education. Let us know about it in detail.
Business Idea: If you too are thinking of venturing into any business these days. But if you are not able to decide which business to start, then you can start stationery business.
You will often find stationery shops crowded around schools and colleges. The demand for stationery items is high. You can earn well by starting this business.
Stationery products demand
There are stationary objects like pen, pencil, notepad etc. Their demand will never decrease. Along with this, you can sell things like wedding cards, gift cards at stationery shops.
If you are going to open a stationery shop, first of
all you have to register under the 'Shops and Establishment Act'. 300 to 400 square meters of space is required to open a stationery shop.
How much money will it cost?
Stationery business is such that it can be opened with less capital investment. To open a good stationery shop, you will have to spend at least 50 to 60 thousand rupees. Location is very important for opening a shop.
Open stationery shops near schools, colleges and universities. If you sell branded stationery products in your store, you can save up to 30 to 40 percent. At the same time, your earnings on local products will double to three times.
If you do not have much capital to invest in this business, then you can start this business even with 10 thousand rupees. You can start this business by selling pens, pencils and notebooks. By buying stationery items at wholesale prices, you can go to schools and colleges and sell them at retail prices and gradually increase your business.
How much will be earned
If you open a stationery shop with an investment of Rs 1 lakh, you can easily earn Rs 40,000 in a month. But remember that location is very important for stationery business. In smaller towns, you can tie up with nearby schools and provide books for the kids to read. In this way your income will increase.
You Need marketing
Marketing of stationery shop is necessary. For this, you can print pamphlets with the name of your shop and distribute them in the city. You can go to school, college and tell students about your shop. You can grow your business fast by starting home delivery facility.