Profitable Business Idea of Pulses will Earn You Rs 50000 in a Month; Just Do This - Krishi Jagran

Profitable Business Idea of Pulses will Earn You Rs 50000 in a Month; Just Do This - Krishi Jagran


Profitable Business Idea of Pulses will Earn You Rs 50000 in a Month; Just Do This - Krishi Jagran

Posted: 01 Oct 2020 12:00 AM PDT

Pulses Business
Pulses Business

Small Business Idea of pulses: Do you want to start a business with a very low cost and earn good profits? Then, opting for Pulse Business can be a better option for you. Starting this business with a correct guide can help you earn even in lakhs. Below are some important tips to help you make pulse business a profitable venture.

The interesting thing about this small business idea is that you can start it with less money. So, let's get started and know how to start the business of pulses, how much it will cost you & how much will be the profit from this business.

Demand in pulses business:

As pulses are used in every person's home, the price of pulses is increasing continuously. Lentils are what every person wants to eat and they also have various health benefits. Thus, in such a situation, if you want to start trading pulses, then you can earn a lot of money from it. If done the business with correct guide trade you can make a profit of about Rs 50000 per month.

Cost to start pulses business:

If you start with trading pulses, it will cost you up to Rs 5 lakh. However, if you do not have enough money, you can take a loan from the bank. It is to be noted that the government has implemented many such schemes under which you can start business by taking loans.

How to start the pulses business?

Choose the right place:

First, you need to choose the right place before starting any kind of business. If you have your own shop, then its fine otherwise, you will have to rent a shop. You must choose the place in a market where the ration shop is less in number. So the customer will not have trouble in coming to your shop. Less competition means more profits.

License required for pulses business:

  • You have to get GST number, to get GST number you have to register through GST portal. But remember, there is no GST of any kind in unopened lentils and plastic packaged lentils. If you sell branded lentils, it will cost 5% GST.

  • To start this business in a rented shop, make a rent agreement.

  • After it is done, you have to get a license to run a shop from MCD.

  • As the business of lentils is related to food, you are required to obtain a license from FSSAI.

Where you can buy lentils?

In most of the state there are pulses mills, which are sold in polished pulses retail market or wholesale market. But, to get in depth knowledge about this business, take help of social media.

There are some states like Delhi NCR which have lots of pulses which you can contact directly. You can also buy lentils from your resident area.

How to market the pulses business?

Build your brand to market pulses business. Be sure about the quality of pulses sold by you. If the quality is good, then you can earn a lot of money in a very short time. You can sell lentils offline and online by taking help of Big Basket, Amazon, E-commerce etc.

Profits in pulses business:

Profits from this business depend on where you opened your shop and how much pulses are being sold from your shop. You must focus on proper planning, right shop location, good quality pulses, less competition, and more marketing.

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