How to Start Betel Nuts Business – Wholesale Market Plan, Profit

| | 8 Minutes Read

Nowadays every third person in the world is addicted to smoking. In this, they consume tobacco, cigarettes, gutka etc. Most people consume tobacco. Those people who consume yolk in tobacco also prefer betel nuts a lot.

Areca nut is a type of food item that enhances the taste of tobacco. Due to this the person who eats tobacco enjoys it even more. Due to such huge demand for betel nuts, you can start your own business of betel nut and earn lots of profits.

Betel nut business is one such business. In which you invest minimal cost to earn lots of profit from it. So, let’s dig into the process of understanding How To Start Betel Nut Business.

How to Start Betel Nuts Business

To start a betel nut business, you will first need to arrange lots of betel nuts. For this, you have to search for the places where betel nuts are cultivated and suppliers who is willing to sell you at cheap prices.

If you want to earn maximum amount of profit then you have to directly buy betel nuts from farmers. No one can give you betel nuts cheaper than a farmer.

After arranging betel nuts, now you have to arrange a fixed location or marketplace from where your betel nuts will be sold.

How to Select a Location for Betel Nuts Business

To start Betel Nuts Business, you have to decide a place where huge crowd of people keep coming and going. You can see places like nearby malls, nearby business parks, within the city, nearby traffic signals, etc. for this type of business.

The more people will notice your Betel Nuts business the more they reach you. You can start your betel nuts business at any of the above-mentioned places. So that you will never need to close your business.

Now moving towards another crucial aspect of starting any business, which includes license, registration and approvals so that nobody can create any type of conflict in the future.

Registration & License for Betel Nuts Business

For starting your Betel Nuts Business below given licenses and registrations are must. These are required registration & license details starting Betel Nuts Business:

  • Current Account ( For Business Transactions).
  • Shop License (Gumasta License).
  • Msme Registration
  • Udyog Aadhar
  • FSSAI License

If you want to run your store hassle-free, without any legal actions, then you need to get these licenses before starting your business.

How to Open a Current Account for Betel Nuts Business

To receive payment under your Betel Nuts Business you must have a current account. For opening a current account for your Betel Nuts Business you will need a shop license.

For shop license, you will need any of these identity proofs such as (An Aadhaar Card, Voter Id Card, Driving License, Etc.) and a Pan Card.

If you have any of these documents available, then you can easily apply for your Betel Nuts Business account in any nearby bank.

These are a few reliable global banks for opening business current accounts:

  • SBI Bank
  • ICICI Bank
  • HDFC Bank
  • AXIS BANK
  • BOI Bank
How to Get an MSME Certificate for Betel Nuts Business

To register your Betel Nuts Business under govt. Policies and their scheme, you can register under MSME facilities.

MSME stands for Micro, Small Medium, and Enterprises. It is a type of enterprise managing government that helps you to get govt. loan strategies and concessions etc.

To get your own MSME certificate for your Betel Nuts Business you can go to the Website And apply for MSME certificate.

How to Get FSSAI Licence for Betel Nuts Business

To start any type of edible business you must owe FSSAI License.

FSSAI License Stands for the Food Safety and Standards Authority of India. This license provides you the approval for the good of edible products sold by you.

FSSAI License is not required for businesses that have an annual turnover of less than Rs. 12 lakhs [$1499] or if their production capacity falls below 100 kgs per month.

Such businesses only require an FSSAI Registration. Vending edible goods without FSSAI License is a punishable offense.

For starting your Betel Nuts Business, this license is the first document that must be approved. To get your Betel Nuts Business FSSAI License you can simply log on to the website and start selling your Betel Nuts.

How to Get Udyog Aadhaar Certificate for Betel Nuts Business

To get a loan for your Betel Nuts Business from govt. You should first, register your business as udyog aadhaar certified. It will help you to apply easily for any govt- loan scheme and get subsidies in the form of bank loans.

To get a udyog aadhaar certificate for your Betel Nuts Business you log on to the Website And apply for the Udyog Aadhaar Certificate.

How to Get a Shop License for Betel Nuts Business

To get a shop license for your Betel Nuts Business you have to first select a location for selling Betel Nuts. If you’re renting any market place then, you will require a rent agreement where your Betel Nuts Business name should be mentioned. 

Once you get that place, you have to get a banner for your Betel Nuts that has your business name and address on it. A copy of your rental agreement and a photo of your business with the banner is enough for getting a shop license.

  • To get a Gumasta license, you have to first go to the official website of your state or you can simply visit the nearby office.
  • After that, you have to register your business there.
  • After a few days of registering, your Betel Nuts Business Gumasta license comes to your house.

After reading this, you can apply to get a shop license for your Betel Nuts Business. Now, If you do not have money to start this business then you can take a loan for your business.

Loan Against Betel Nuts Business

In the business of Betel Nuts, the investment cost is very low, you just have to arrange supplies of Betel Nuts and an open marketplace from where people can buy Betel Nuts from you.

The price of supplies will cost you around Rs. 999/- to Rs. 1,00,000/- [$19 – $1599].

To get Betel Nuts Business loan, you can apply in any type of finserve service or bank. Many countries even accept Gold Loans on behalf of repayment references.

To get loan for your Betel Nuts Business, you will have to give the necessary information in your loan file, Such as your needs and how much money you require, the time of repayment, etc. Then you have to deposit your file in the department.

As soon as your loan is passed, all the money will be deposited into your bank account.

How to Advertise Betel Nuts Business

Marketing of a business plays the most important role in running any business. If you market your business properly, then you get a lot of profit from it.

If you want to advertise your Betel Nuts Business, you have two ways to do this:

  • First of all, you have to contact your nearby shopkeepers and tell them that you have started a Betel Nuts Business nearby.
  • If they need they can contact you at your number.
  • You can also show them few samples of Betel Nuts.
  • You have to reach all the nearby shopkeepers and contact them.

Once you get in touch with the shopkeepers, they will buy Betel Nuts from your shop as per their needs.

  • Apart from this, You can list yourself on a website like Indiamart, Alibaba, eBay, etc. to start your business online.
  • After that people will come to your store to buy Betel Nuts from you.

You can also create your Betel Nuts Business Facebook page to start online marketing. Where you can post the best photos of Betel Nuts on your page. You can also market your business on Instagram.

You can get lots of benefits in marketing from Instagram. Because more than half of the world’s population is using Instagram.

To continue offline marketing, you can get some posters and banners related to your Betel Nuts Business. So that the people of your local know, that you started Betel Nuts Business.

Profit in Betel Nuts Business

You can easily make lots of profit in this business. If you buy Betel Nuts for business purpose, directly from the betel nut farmer.  If you buy it from farmers then you can easily get Betel Nuts in around Rs.100 per kg [$2]. The price of Betel Nuts in the market ranges from Rs. 200 to Rs. 300 per kg [$3 – $4].

If you sell atleast 20 kg of Betel Nuts daily, then you can make up to Rs. 3,000/- [$35] of daily profit. In this way, you can easily earn around Rs. 90,000/- [$1100] per month from this business.

Loss in Betel Nuts Business

There is very less chance of loss in this business. It usually happens when Central Government increases tax on tobacco so that people stop sowing it. After this, the shortage of betel nuts occurs in market. This situation can put your business in the verge of closure. To avoid this, you can buy betel nuts altogether for a year.

After which you will not have to worry about the government’s tax for the whole year. In this way, you can buy betel nuts for the whole year as soon as you find any right opportunity. The government also cannot keep increasing the tax on it for a long time because 20% of India’s population is dependent on the tobacco business.

If this business stops in one go, 20% of people around the globe will start starving.

Hoping, you have completely read the article about How to Start Betel Nuts Business.

If you liked the information given by us, do tell us. if you have any queries in your mind, you can freely ask us by commenting below.

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