Duplex Board Business Idea: Many people dream of starting their own business as they are bored with the monotonous routine of the job, but due to lack of proper business idea, they cannot move forward. Today we are going to give you a business idea that has high chances of success and high income potential.
Duplex Board: Duplex Board Business Idea
Duplex board, also known as gray board or chipboard, is a strong and multi-purpose paper product widely used in the packaging industry. Its demand is increasing day by day, which makes this business attractive.
Profit potential
A duplex board business can prove to be profitable right from the start. Through successful marketing and customer relationship building, monthly income ranging from Rs 50,000 to Rs 1,00,000 can be earned from the first month itself. Additionally, this business has a profit margin of 50-60%.
investment
This business investment depends on the size of your business. An investment of around 10 lakh rupees is required for a small scale start-up, while an investment of 15-20 lakh rupees may be required for large scale production.
Required machinery and materials
- Paper making machine
- Coating machine
- Cutting machine
- Packing machine
- Chemicals and dyes
Funding
Getting funds for a business is not that difficult these days. Banks and government organizations offer business loans under various schemes.
Additional information
- Market Research: It is necessary to obtain information about the demand, competition and prices of duplex board.
- Quality: It is necessary to pay attention to the quality of the product, so as to win the trust of the customers.
- Marketing: It is essential to reach the customers through proper marketing strategy.
- Innovation: Developing new types of duplex board products keeping in mind the needs of the customers can make the business more successful.
Conclusion: Duplex Board Business Idea
Duplex board business is an attractive and profitable option. Success in this business can be achieved through proper planning, hard work and dedication.
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