How to Start Grains Business

A normal living human being needs to eat atleast 3 times a day. For this reason, they keep grains in their home in bulk, so that they can cook and eat them anytime as per their requirements.

More than 1/3rd of India’s population is dependent on the agriculture business. Agriculture is one of the main occupations of the people of the village.

Different cereals are grown in India in every season such as soybean crop in the rain, wheat, gram and rice crop in winter.

Even after having so many food grains in India, India’s hunger is not stopped because even today the people of India are not able to cultivate, enough grains so that all the people of India can be fed atleast twice a day.

If you have a well-equipped place for keeping grains and you want to earn money from it, then you can easily earn lakhs of rupees every month by starting Grains Business.

Today with the help of this article we’ll tell you How to Start Grains Business and Where to Start Selling Grains.

Table Of Contents

To start your own grains business, first of all, you have to buy grains at cheap prices. You have to reach the market when it’s not their season.

For example, If wheat is sold at its cheapest price after winter, then you have to buy it during rainy season or after rain. So that you can easily sell them during summer to earn your profit.

Keep in mind that grains are kept far away from water, this is one of the major reasons behind spoilage of grains.

How to Buy Grains for Business Purposes

To buy grains, you have to first contact the major farmers around you, because these farmers can give you crops in very large quantities and at very cheap prices.

If you don’t have any such contact, you can also contact the union of farmers, who can sell you grains at cheap prices directly from farm. This will benefit you because you are buying it in off-season.

Keep in mind that once you are buying, get the stock for the whole year. So that you do not have any shortage of food grains and your business runs hassle-free.

How to Sell Grains

You do not need to put many minds into the selling of grains. You can easily sell these grains when their demand increases in the market.

You just have to keep eye on market so that you can earn advantage of selling grains when it’s the right time. You can also sell it to giant hotels, restaurants, wholesalers, retailers etc.

How to Select a Location for Grains Business

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

The more people will notice your Grains business the more they reach you. You can easily start your Grains business at any of the above-mentioned places.

Now moving towards another crucial aspect of starting any business, which includes licenses and approvals so that nobody can make any type of dispute in the future.

Registration & License for Grains Business

These are the required registration & license details for starting Grains Business:

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

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

How to Open a Current Account for Grains Business

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

For shop license, you must have 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 copies available, then you can easily apply for your Grains Business account in any nearby bank.

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

SBI Bank
ICICI Bank
HDFC Bank
AXIS BANK
BOI Bank

How to Get an MSME Certificate for Grains Business

To register your Grains 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 business control government that helps you to get govt. loan plans and concessions etc.

To get your own MSME certificate for your Grains Business you can go to the website and apply for MSME certificate.

How to Get FSSAI Licence for Grains Business

To start your Grains 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 quality of grains sold by you.

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

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

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

How to Get Udyog Aadhaar Certificate for Grains Business

To get a loan for your Grains 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 Grains Business you log on to the Website And apply for the Udyog Aadhaar Certificate.

How to Get a Shop License for Grains Business

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

Once you get that place, you have to get a banner for your Grains 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 Grains Business Gumasta license comes to your house.

How to Get GST Licence for Grains Business

To start your Grains Business you must also apply for GST License.

GST License stands for Tax on Goods and Services. This tax is included in the final price and paid by the consumers to sellers and by sellers to government. The GST is a common tax used by countries globally. This license provides you the approval for the good quality of grains 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. Vending grains without GST License is a punishable offense.

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

Now, If you do not have money to start this business then you can take a loan for your business.

Loan Against Grains Business

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

The price of supplies will cost you around Rs. 10,00,000/- [$12,138].

To get Grains Business loan, you can apply to any type of finserve service or banks. Many countries even accept Gold Loans on behalf of repayment references.

To get loan for your Grains 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 Grains Business

Marketing is one of the most important roles in executing any business. If you market your grains business properly, then you get a lot of profit from it.

If you want to advertise your Grains 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 Grains Business nearby.
If they need they can contact you at your number.
You can also show them samples of Grains.
You have to reach all the nearby shopkeepers and contact them.

Once you get in touch with the shopkeepers, they will buy Grains 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 Grains from you.

You can also create your Grains Business Facebook page to start online marketing. Where you can post the best photos of Grains 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 Grains Business. So that the people of your local know, that you started Grains Business.

Where to Store Grains

You need to be very careful while keeping grains. For this, you should have a huge hall. You should make this hall in such a way that water must not leak at any cost. You should also keep the floor of the hall tidy and water-resistant.

After this, you can keep your grains safe in this hall. Now we’ll understand how you can earn benefits from this business.

Profit in Grains Business

When you start Grains Business, then you do not need to face any loss in this business. Because food is basic part of everyone’s life.

If you sell the grains at the right time, then you can earn a lot of profit from this business. Even if you are doing this business on a small scale, you can still make profit in lakhs of rupees.

Loss in Grains Business

No business is 100% profitable, similarly here also you may face losses such as if your grains get spoiled in the rain then you may have to endure the loss.

If somehow insects start eating your grains, then they get spoiled.

You can avoid these pitfalls. You have to take care of grains in rain. You should keep the medicine, insecticides etc. in grains so that insects do not fall into it and your grain does not get spoiled.

Hoping, you have completely read the article about How to Start Grains 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.

How to Start Grains Business – Profit, Loss, License, Location