Small manufacturing business can be started at home. The cost of machinery required for starting a small manufacturing business is very low. You can even consider hiring machinery from the market so as to scale back capital investment.
Hey, guys, I'm Qasim and today I'm gonna be talking about how to start a small scale business based around products that are designed for small-scale manufacturing basically, this means starting small without the risk of a big financial investment but at the same time being ready to scale up big if the opportunity presents itself and how to scale your business beyond what you can produce in your own shop.
1. Manufacturing of Sports wears
The 1st business idea is related to sports. It is about the manufacturing of sportswear items such as a ball, bat, badminton racket, carrom, gloves etc. If Indoor and outdoor sports are popular in your country this business can lead to huge success.Capital required – Approx. 2 Lac to 5 Lac
Material required – Raw material, machinery
2. Manufacturing of Stationary items
Pencils, color, pen, eraser, sharpener, staplers, rulers, glue, notebook, compass area unit essential items needs by students and academics. except for faculty and schools, these things area unit needed in each little and massive business. So, considering a requirement for stationary things it's counseled to start a stationary item business.Capital required – Approx. 1 Lac to 2 Lac
Material required – Depends upon stationary item
3.Production of Leather related items
Leather related items are always in demand. Looking at market potential you can think of starting own business of manufacturing leather related items. Make sure to carry out the proper survey beforestarting this business.Capital required – Approx. 1 Lac to 5 Lac
4. Furniture making
Furniture is an essential item that is required at home, office, and school. Everyone needs furniture items such as a cupboard, table, chair, beds, cabins, wardrobes. So, if you are planning to start a business you should opt out of furniture making.Capital required – Approx. 1 Lac to 5 Lac
Material required – Wood, Machines, Other raw materials
5. Eye Glass or Frames manufacturing
Eyeglass or frames manufacturing is a next business idea. There is a large market of glass and glass frames. This business requires creativity and big investments. It is likely that you will face a big competition from already established brands.Capital required – Approx. 5 Lac to 15 Lac
Material required – Die-cut, metal or plastic, glass, machines
6. Glass Sheet for Window
The real estate industry is the major consumer of this product. Eventually, this product has replaced the traditional wooden windows. This is a medium and large scale business. And the business demands substantial capital investment.Capital required – Approx. 2 Lac to 3 Lac
Material required – Glass Fiber, Carbon Fiber, Epoxy, Hand Lay-up tools or Machines
I hope these small manufacturing business ideas will help you in making a selection of business. Select the best manufacturing idea based your experience, skill, knowledge, and availability of capital.
Don’t forget to drop your valuable comments and queries in the comment section.
