Today we are going to discuss the business of making sandals and slippers. These are very profitable small business ideas in India and all over the World. So I highlighted all the necessary information for this business.
Detail Discussion for Profitable Small Business Ideas of Slippers Manufacturing Machine:
The topics I will discuss in this business report today are -
- How to start a business?
- Which raw materials are required to do this business?
- What Machinery does it take to start this business?
- How much money can this business cost?
- What documents do you need to have for this business?
Many people think that they will do the business but many people have doubts about how to start a business. For them, I would say check the market before starting the business. Then try to get some products from the wholesaler and sell them in your area. If required buy a machine for yourself.
Kindly do not rush to buy the machine. Because any business needs a market plan then you have to think about manufacturing.
So at first, you have to check the market, then bring things from the wholesaler and try to sell in your area. This way you can understand how much demand there is for this product in your area.
Raw Materials For Slippers And Sandals Manufacturing Profitable Small Business Ideas:
Slippers And Sandals Manufacturing is a very profitable small business. West Bengal and all over India has its demand And it's a long-term business. Let's see what raw materials are required.
- Slipper Sole Sheet
- Sole cutting dies
- Screen Printing Frame
- Printing Ink (for brand print)
The Machinery of these Small Businesses:
1. Sole cutting Machine
This machine is of 3 types. Those are - 1. Manual Sole Cutting machine, 2. Semi-Automatic sole cutting machine, and 3.hydraulic automatic sole cutting machine.
Manual Sole Cutting machines work 10 hours, then you can do 200 to 400 Sole Cutting. This will reduce your profit a lot. So I will suggest you buy a semi-automatic Sole Cutting machine. With this machine, you can do 2000 to 3000 sole cutting in 10 hours.
2. Bench Grinder and Polish Machine: This machine smoothed the cutting sole.
2. Bench Drilling Machine: This machine is used to drill the cutting sole for setting the slipper's straps.
4. Slipper Strap Fitting Machine: Slipper straps are attached to this machine.
Investment For Manufacturing Profitable Small Business Ideas:
If you want to buy a manual sole cutting machine then you may have to spend a total of Rs 60,000. If you want to do this business by buying a semi-automatic sole cutting machine, it can cost around 1 Lacs to 1.5 Lacs.
The market price of a manual sole cutting machine is around Rs 10,000 to Rs 15,000. The market price of a Semi-Automatic Sole Cutting Machine is around Rs 50,000 to Rs 60,000.
The market price of Bench Grinder and Polish Machine is around Rs. 8000 to 12000.
Slipper Strap Fitting Machine prices can range from around Rs 1600 to Rs 3000.
Screen Printing Frame costs around 2000 to 3000 rupees. It is used for brand printing on slippers. You have to buy good quality Printing Ink With this frame.
Slipper sole sheet costs around Rs 500 to Rs 900. About 12 to 18 soles come out from each sheet. Slipper sole sheets are of local brand and cost around Rs.200 to Rs.500. But I would suggest you use a good quality sole sheet at the beginning of the business.
The price of Sole Cutting Dies will be around 300 to 500 rupees for each Dies. Children, women, men are all different Dies. And there are different sizes. You can buy size 5 to size 8 at the beginning of the business.
The market price of Slipper Strap can be around Rs 5 to Rs 12.
You may have seen many videos on slippers and Sandals Manufacturing profitable small business ideas. In those videos may it's said to start a business for 15000 rupees. after watching these videos you may want to start a business but the videos do not have the whole truth.
Because if you buy a sole cutting machine, it will cost around 15000 rupees. So how do you start this business with 15000 rupees? you should check yourself in the market and then go for any business.
What Documents are required for these profitable small business ideas?
Documents which include the needs of the business -
1. Trade License
2. GST Registration
3. Bank Current A/C
4. Company Registration
5. MSME Registration
Finally, I would like to share with you the Profitable Small Business Ideas that you must read and go to the market to verify. Then think of starting this business. Because you do the business, so you have to understand if you can do this business. I will come up with more such small business ideas in the coming days. Thanks, stay well.