- 1 What is furniture business?
- 2 Machine and equipment for making furniture
- 3 Best Place for Furniture Business | Location for furniture business
- 4 Required License for Furniture Business | License for furniture business
- 5 What should be the furniture business plan:
- 6 Invest for Furniture Business | Investment for furniture business
- 7 Requirement of labor in furniture business:
- 8 packaging for furniture | packaging
- 9 Loan For Furniture Business | Subsidy and loan for furniture business
- 10 Profit in furniture business. Profit in Furniture Business
- 11 Furniture Business Marketing | Marketing of furniture business
- 12 Where to sell furniture
Hello friends, welcome to all of you, if you are thinking of earning money in today’s time and in such a situation, if you are thinking of doing business then you can start furniture business in today’s time, Because in today’s time the best manufacturing business can prove to be of furniture. If you should give your 100% in your business, then through this post we are going to tell you about a business in which you invest easily, then you can easily reach this business to the top. Because in today’s time if you do furniture business then its market is very big and wide, so you do not need to do much marketing. So friends, let us know in detail about the furniture business through this post today.
What is furniture business?
In today’s time, making different furniture through wood and selling them in the market is called furniture business, and in the present time, in weddings, office construction, school, shop, hospital, and building etc., its setup. Furniture is used in the world, and seeing the ever-increasing demand for furniture, people can earn a lot of profit by starting this business by learning furniture work or by keeping some workers, along with this, in today’s time, you can buy furniture in many ways. You can build a good business by giving shape.
Machine and equipment for making furniture
In the present time, if you want to start a furniture business, then you will need to use the machine in the furniture business for more production and to improve the work and finishing, and in today’s time you will need the following machines in this business it occurs
- hand drill machine
- hand cutting machine for wood cutting
- wood planner machine
- Belt sander to add shine to furniture
- Woodern Jack saw & buffling machine
- plier, screwdriver
- measuring tape
- small hand cutter
In today’s time, all these things will be needed if you are thinking of starting a furniture business, and the cost of all these machines is not high.
Best Place for Furniture Business | Location for furniture business
At present, if you want to do this business, then you need a place, and if you do not have your own place, then according to the convenience of transportation, you have to look at the place first, because the place for furniture business It matters a lot, and if you keep a furniture business in a place with traffic facilities around the city, then you have more benefits, because the furniture business is big and there should always be a facility of traffic, and for furniture business you can go from the road. Select a connected location, and also choose a location with 24*7 water and electricity, because you will need electricity all the time. Along with this, while choosing the place, you have to take care of the warehouse and parking etc. In the beginning, you can do it from 1000 to 1500 feet. Along with this, you should keep the factory in a place where it can work 24 * 7, do not open it in hospital, school and locality.
Raw material used for making furniture
At present, if you want to invest in this business, then you will need to invest in some things initially, and you will have to pay attention to the best raw material, and you will have to use some raw material to make furniture, which are as follows
Required License for Furniture Business | License for furniture business
- In today’s time, if you make a business building, then you have to take permission from the Municipal Corporation or Municipality. If you have taken it on rent, then check all the legal papers and take it on rent.
- You have to take care of fire safety in your factory and for this you have to take permission from the fire department of the municipal headquarters. It is very important to have fire safety in a building built as a business.
- It is very important to get your business registration done for the furniture business.
- It is very important for you to get GST registration done, only then you get TIN number.
- It is very important to do business registration because the furniture business comes under the MSME manufacturing company, you can do the registration in the commerce and industrial department.
- Keeping your security in mind, you will need to register at the police station.
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What should be the furniture business plan:
In today’s time, if you are thinking about starting a business, then today you have to make a good business plan in your mind, and the best business is to manufacture furniture, because in today’s time there is a lot of money in this business. Yes, if you are thinking of investing in it, then first of all plan according to your budget, and to start your business, talk to CA about how to invest and marketing, as well as brand Discuss how much to invest in, what is the cost to make, how to keep margin, then there will be profit, etc. If you start from a small scale, then you will not have to invest much, and with this, if you want to make it on a large scale, then you will need to invest more money.Therefore, make a business plan according to your requirement and budget.
Invest for Furniture Business | Investment for furniture business
In the present time, if you are thinking of investing in some kind of business, then you invest in furniture business in today’s time, then the more you invest in it, the more it is beneficial. Then your business remains big, then you need a big space, in such a situation you will need to invest more money, along with this, if you want to start a small business in a limited amount, then you do not need to invest much money. You can invest according to the business in raw material also. You will need to invest for the following things in the beginning-
- You will have to do 3 lakh to 7 lakh for the land in the beginning, if you do not have your own land.
- You have to invest 3 lakh to 5 lakh to make the building.
- For Raw Material you take it, for that you will have to do 2 lakh to 10 lakh.
- You may have to invest up to 10 thousand rupees in the beginning for the worker.
- For other expenses, you will have to spend Rs 1 lakh.
Requirement of labor in furniture business:
In today’s time, if you are thinking of doing furniture manufacturing business, then it is completely done through machine and hands, in such a situation, you will need machine operators and laborers in this business, and for this, less Less than 10 people are enough, and one person is enough for the same packing, and a manager will be required to look after all the things, in this way more people are not required in this business, there is a lot of profit in this business. You can start this business today itself.
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packaging for furniture | packaging
In today’s time, what is seen is sold, in such a situation, along with the design of your furniture, you will need to pack it in the best way, and for this you can use cartoons, and according to the size of the furniture made by you. According to this, you will need to get cartoons, and you can put different types of stickers and logos on it to make your furniture box attractive, so that the box looks attractive, and people will like seeing the box, in this way You can pack the furniture.
Loan For Furniture Business | Subsidy and loan for furniture business
At present, the government gives partial loans for furniture business, and if you want to start a furniture business, then you will need to take a loan from the bank according to your budget, you can take a loan under MSME for furniture business. Along with this, you can also take a business loan under Prime Minister Mudra Loan, if your credit score is excellent then you can take a loan directly from the bank, in this way you can easily take loan to start furniture business in today’s time. can take.
Profit in furniture business. Profit in Furniture Business
Over time, the more you invest, the more profit you get, and in today’s time, if you do furniture business and you talk about profit in this business, then the demand for furniture is increasing very much at present, because Most people want to decorate their home, office, and other places with furniture, so if you talk about profit in this business, then you keep MRP after making cost, in that you want to take advantage of 30 -70%. , Then it will depend on your cost price and selling price, and along with this it depends on how much margin you have kept in your selling price, you can make furniture according to the current market and set its rate. Yes, you can easily earn lakhs of rupees in today’s time by starting this business.
Furniture Business Marketing | Marketing of furniture business
In today’s time, there are many furniture stores in all cities, where you will get to see furniture, and in today’s time, you can do branding quality of your product by keeping it good, and the better you make furniture design. and keep it cheap with quality, then the demand for your furniture increases, and you can also promote your furniture with the help of your social media accounts like Facebook, Instagram and Twitter, and you You can promote your furniture business, and promote the photo of the new furniture design, and with this you can sell it to the furniture shopkeepers in the nearby cities as well.
Where to sell furniture
If you are going to do the business of making furniture in today’s time, then you should not worry about selling it because it has become very easy to sell furniture in today’s time, and you can easily do it online through e-commerce website or You can sell directly in your own website, and you can also contract it from furniture shops, and send samples in the beginning, the more you keep the look and quality of the furniture, the more your sales will be, In such a situation, you should pay more attention in making furniture.