Business News Desk -If you are thinking of starting your own business, then we have brought a business idea for you. Generally people think that a lot of money is required to start any new business. But, we are going to tell you about one such business. In which you can earn good profits in a few days by investing less money. This is the business of making paper napkins i.e. tissue paper. The government is also helping to start this business. You can earn bumper income by setting up a manufacturing unit for making paper napkins. Let us tell you that in today’s changing lifestyle, the use of tissue paper i.e. napkins has started increasing a lot. Tissue paper is generally used to clean hands and mouth. Nowadays it is used almost everywhere like restaurants, hotels, dhabas, offices, hospitals.
How much investment will be required in tissue paper business?
If you want to set up a manufacturing unit of paper napkins or tissue paper, then you will have to arrange around Rs 3.50 lakh. After having this much money, you can apply for loan under Mudra Yojana from any bank. With Rs 3.50 lakh, you will get a term loan of around Rs 3.10 lakh and a working capital loan of up to Rs 5.30 lakh from the bank.
Income from tissue paper business
1.50 lakh kg paper napkins can be produced in a year. It can be sold at the rate of around Rs 65 per kg. That means you can make a turnover of around Rs 97.50 lakh in a year. If you reduce all the expenses in this, then around Rs 10-12 lakh can be saved annually. At the same time, you can also tie up with a multinational company to sell your napkins. In this way you can earn a net profit of up to Rs 1 lakh by reducing costs in just one month. With this you can repay all the loans gradually.
Apply under Mudra Scheme
For this you can apply in any bank under Pradhan Mantri Mudra Yojana. For this you will have to fill a form, in which you will have to give these details. Name, address, business address, education, current income and amount of loan required, all this has to be mentioned. There is no need to pay any kind of processing fee or guarantee fee. The loan amount can be returned in easy installments.
