How to Start Cement Business, License, Loan, Profit, Loss

| | 7 Minutes Read

Development around the world is common everywhere. This development continues to happen continuously with the increasing population and developing generations.

Due to this, the demand for products used in making buildings and monuments is also increasing every day.

A common man is considered to be successful when he has a good house to live in and he can fulfill his basic necessities such as: food, shelter and cloth.

For this reason, the demand for houses is increasing among the people. Everyone wishes that they have a nice house where they can live peacefully and enjoy life.

In making such buildings the most used product is cement. So, Today we will know How to Start Cement Business and what are the requirements to start this business.

How to Start Cement Business

In desire to make houses, cement is the most used material in building a house. It is impossible to strengthen the house without cement.

People use at least 100 bags of cement to build even a single-floor house but when they, shift to build a slightly bigger house then 300 to 500 bags of cement are used easily.

To start cement business, you will first need to buy cement bags of any of the good and known brands.

You can ask for the tender of exporting cement bags to you every month. You should ask them to keep the stock in such a way that whenever you have finished with stock, then they will send it to you.

In this way, you can get the cheapest cement bags directly from the factory. Once you start getting supply of cement bags, you can start your cement business hassle-free.

Location to Start Cement Business

To start Cement shop, you have to first find a place which is neither in the middle of the market nor far from it.

If your store will be in the middle of the market then your trucks won’t be able to import cement bags at your store.

Neither the customers who came for buying Cements from your store will also not be able to park their vehicles near to your store.

Once the place is decided, then it comes to the architecture of the store. You should have a big hall to keep Cement bags safe and arrange a good office for dealing with customers. Having a well-maintained office also creates a good impact on its marketing.

In this way, you can find a place to start your Cement business and can run your business very efficiently.

How to Get License for Cement Business

To Start Cement Business registration of licenses is must. Below given are the required registration & license to start Cement Business:

  • Current Account ( For Business Transactions).
  • Shop License (Gumasta License).
  • MSME Registration
  • Udyog Aadhar
  • GST License

Current Account: To receive payment under your Cement Business name you must have a current account under your business name.

Shop License: For Cement Business shop license, you will need government-verified identity proof and proof of address. To get Gumasta license, you can either visit official website of your state or visit the nearby offline office.

MSME Certificate: MSME stands for Micro, Small Medium, and Enterprises. It is a type of enterprise managing government that helps you to get govt. Loan schemes and benefits etc.

To get loan approvals from government bodies you can apply for MSME certificate. To start your Cement Business visit the official website and apply for MSME certificate.

Udyog Adhaar Certificate: This certificate helps you to apply for govt- loan scheme and get subsidies from your bank.

To get a udyog aadhaar certificate for your Cement Business you log on to website and apply for the Udyog Aadhaar Certificate.

GST License: GST License stands for Tax on Goods and Services. The GST is a common tax used by countries globally. This license provides you approval for the import and export of goods sold by you.

Businesses and individuals who are supplying goods can claim GST exemption if their annual turnover of less than Rs. 40 lakhs [$48,999] in a financial year.

Such businesses only require GST Registration. Starting Cement Business without GST License is a punishable offense.

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

Loan Against Cement Business

In Cement Business the investment cost is medium, you just have to arrange a place where you can keep batches of Cement to start your business. The price of these things costs you around Rs. 49,999/- to Rs. 5,00,000/- [$599 – $6,099].

To get Cement Business Loan, you can apply in any type of finserve service or bank. Many countries even accept Gold Loans on behalf of reference.

Before starting your Cement Business, you have to provide 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 Cement Business

If you market your business properly, then you can generate a lot of profit from it. To advertise your Cement Business, you have two ways:

  • First of all, you have to contact your nearby shopkeepers and tell them that you have started Cement Business nearby.
  • If they need they can contact you at your number.
  • You can also show them sample of Cement bars.
  • You have to reach all the nearby shopkeepers and contact them.

Once you get in touch with the shopkeepers, they will buy Cement from your Store.

  • 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 by themselves, to buy Cement from you.

You can also create Cement Business Facebook page to start online marketing. Here you can post the best photos of Cement and offers on buy these goods from your page.

You can also market your Cement business on Instagram. You can get a lot of benefits in marketing from Instagram. Because more than half of the world’s population is using Instagram.

For this, you have to first create an Instagram account for your business. After this, you can market your business by sharing Cement Business photos.

In offline marketing, you can also get some posters and pamphlets related to your Cement business. So that the people of your local can know that you started the Cement business.

How Much Benefit Is There in Cement Business

If seen in the business of cement, it is very beneficial. If you buy goods directly from the factory in this business, then you get even more benefits from it.

If you buy 2000 bags of cement from the factory in one go, then it costs you around ₹200 to ₹300 per bag and if you sell those 2000 bags within a month.

The price of one sack in the market is at least ₹350 per bag. In this way, you get a profit of around ₹1 lakh[$1200] per month.

Loss in Cement Business

In the business of cement, you may suffer losses due to rain. For example, if you are out of stock in rainy season and you have ordered it in bulk from factory.

In the meanwhile, if it rains on the cement on the way, then it spoils the cement or if the cement kept in your shop anyhow soaks water due to some reason even then you are harmed.

To avoid such loss, you can either order the cement before the rains or store it in an air-tight place to keep it safe.

I hope, you have completely Read the article about How to Start Cement 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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