Business

If you have 2 lakh rupees then start this special business, the more demand will increase, the more you will earn

If you have 2 lakh rupees then start this special business, the more demand will increase, the more you will earn

Business Opportunity: Whether it is home or restaurant, the demand for this business remains throughout the years. The government also helps in starting this business. Let’s know how to start tomato sauce business and how will the government help?

tomato sauce making business

Be it samosas or dumplings, chips or french fry without tomato sauce the taste does not come. Be it home or restaurant, the demand for tomato sauce remains throughout the years. Along with popular brands in the market, local brands also get Tomato Sauce. If the quality of the local brand is also good, then the demand does not remain low. In such a situation, trying your hand in the tomato sauce business can prove to be better. The government also helps in starting this business. Let’s know how to start tomato sauce business and how will the government help?

According to the information given in the project profile prepared for the Prime Minister’s Mudra scheme, a total of Rs 7.82 lakh will have to be spent to start the tomato sauce business. In this you will have to invest Rs 1.95 lakh from yourself. The rest of the money will be arranged by taking a loan under the Mudra Loan Scheme.

How to get loan?

If you want to start your own business, then you will have to provide many other documents including house ownership or rental documents, work related information, Aadhar, PAN number. You can apply for a loan in any bank under the Pradhan Mantri Mudra Yojana. For this, you will have to fill a form, in which these details will have to be given… name, address, business address, education, current income and how much loan is required. There is no processing fee or guarantee fee to be paid in this. The bank manager sanctions the loan after verification.

where, how much will it cost

7.82 lakh rupees will be spent in setting up the tomato sauce business. In this, 2 lakh rupees will be spent on all types of machinery and equipment. At the same time, Rs 5.82 lakh will be spent on tomatoes, raw materials, ingredients, workers’ salary, packing, telephone, rent etc.

how much will you earn

According to the report of the Prime Minister’s Mudra Scheme, the annual turnover can be Rs 28.80 lakh in terms of the estimate prepared in the investment of Rs 7.82 lakh. The annual expenditure can be Rs 24.22 lakh. After deducting expenses in turnover, you will be left with Rs 4.58 lakh. This will be your annual net profit. That is, you will earn about 40,000 thousand rupees every month.

Product marketing is essential

Marketing of the product is very important to increase sales after the production starts. For marketing, you can do marketing on social media, mouth publishing, local level. The more marketing you do, the more your earnings will increase.

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Shehnaz Ali
Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.

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