Start this business in 1 lakh rupees, every month there will be a profit of more than 40000, know how to start?

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We are telling you about a particular business (Business Idea).

Which you can start with less money and earn more profit.

We are talking about biscuits, yes biscuits are something that is always in demand.

Its demand never decreases.

During the lockdown, when all the industries were badly affected, Parle G Biscuit has sold so much that the record of the last 82 years has been broken.

In such a situation, setting up a bakery product making unit can be a better option.

Start this business in 1 lakh rupees, every month there will be a profit of more than 40000, know how to start?

If you want to open in the bakery industry, then the Modi government itself is helping you for this.

To start a business under the Mudra scheme, you have to invest only 1 lakh rupees.

Up to 80 percent of the total expenditure will get the help of the fund from the government.

For this, the government itself has prepared the project report.

According to the business structured by the government, after deducting all the expenses, you can make a profit of more than 40 thousand rupees every month.

how much will it cost

Total expenditure for setting up the project: Rs 5.36 lakh, in this you will have to invest only Rs 1 lakh from yourself.

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If you are selected under the Mudra scheme, then you will get a term loan of Rs 2.87 lakh and a working capital loan of Rs 1.49 lakh from the bank.

Under the project, you should have your own space of up to 500 sq.

If not, then it has to be taken on rent and shown along with the project file.

how much will be the profit

According to the project report prepared by the government, the total annual production and sales of Rs 5.36 lakh have been estimated in this way.

4.26 lakh rupees: Full year cast off production

Rs 20.38 lakh: In the whole year, so much product will be made that on selling it, you will get 20.38 lakh rupees.

Let us tell you that in this, the selling price of the bakery product has been fixed by reducing it on the basis of the rate of other items found in the market.

lakh rupees: gross operating profit
70 thousand: Administration and sales expenses
60 thousand: bank loan interest
60 thousand: other expenses
Net Profit: 4.2 lakhs per annum

apply in mudra scheme

For this, you can apply in any bank under the Pradhan Mantri Mudra Yojana.

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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 loan amount can be returned in 5 years.

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