How to Start Paint Business, Paint Business Plan, License, Profit

When any house is made pucca, then people do not live in it without getting it painted. Until the house is painted, you can’t find beauty in it. This is the reason people buy paint every 8 to 10 years, to make their house always look good.

Paint is used in tonnes almost every year in houses, buildings, societies, etc. Paint usually gets removed from houses by itself within 3 to 4 years very easily. So, to retain their house’s shine people buy paint almost every year.

Today we’ll understand How to Start Paint Business and What Are the Requirements to Start Paint Business in detail.

Table Of Contents

How to Start Paint Business

You can do paint business in three ways.

By Taking Franchise.
By Reselling It as Wholesale/ Dealer.
By Making Your Own Paint.

If you want to start paint business, then you can start by taking franchise. For this, you have to ask the brand owner, if he wants to sell franchise or not. If he wants to sell then you both have to fix a deal with profits.

Once all the documents are verified and the agreement is signed, you can start selling their product from your shop.The best part of franchise business is you don’t have to advertise this brand. It is sold under the name of parent brand itself.

Apart from this, you can also start selling paints as a wholesaler. In this type of business, you just need an appropriate place where you can import bulk of paints directly from factory and export them to other small retailers, store-keepers and sellers.

The biggest advantage of this type of business is that you can sell multiple brands all together. In this case, no customer can ever skip your shop after buying from you. To grow your business in yhis way, you need to market as well so that more number of people buy only from you. In this way, you can earn a lot of profit.

Apart from this, if you still have any amazing idea and you want to start this business by making your own paint then, it might also result in great for you. If your paint business touches sky then other people will start asking for your business franchise and they can even ask for wholesale tender.

How to Start Asian Paint Business

Asian Paints are one of the largest paint manufacturer around the worlds. People usually buy any paint by the name of asisan paints.

To start this business, you have to fix a meeting to talk with its owner or you can also decide to ask for their franchise. If they on any of these conditions then you can easily ask your lawyer to create agreement for either wholesale/ franchise whichevr they agrees for.

Once the document is made and papers are duely signed by both the parties, you can start importing orders from Asian Paints factory directly to your store and after some marketing you can easily start earning in millions per month.

Location to Start Paint Business

To start Paint shop, you have to first find a place that is neither in crowded market nor too far from the market.

If your store will be in market then your trucks will not be able to import at your store. Even customers who came to buy Paint from your store will also not be able to park their vehicles in the middle market.

It would be best if you get a place which is neither too far from crowded city nor in the middle of any market.

Once the place is decided, then it comes towards the architecture of store. You should have a big hall to keep goods safe in the ware house and a good office for dealing with customers. Having a well-maintained office creates a good impact on marketing.

In this way, you can start your Paint business and can run your business very efficiently.

How to Get License for Paint Business

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

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

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

Shop License: For Paint 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 Paint 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 Paint 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 $48,999 (Rs. 40 lakhs) in a financial year.

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

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

How to Advertise Paint Business

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

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

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

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

You can also market your Paint 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 Paint Business photos.

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

How to Start Broom Manufacturing Business, Investment, Profit

Investment Required for Paint Business

To start this business firstly you need to invest some money in the beginning. If you are renting a place in market for better advertisement, then you will also have to arrange for its rent for atleast 4 to 5 months.

Including all your expenses, rent and on-loan importing goods, it will cost you around $1,299 – $2,499 (₹1,00,000 to ₹2,00,000) at initial stage to start this business. If you do not have much money then you can also apply for business loans.

Loan Against Paint Business

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

To get Paint 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 Paint 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.

Profit in Paint Business

You can earn a lot of profit in Paint business. If you save atleast $12 (₹1,000) per bucket, then sooner you can start generating millions of profit per month.

In this business, to paint a building atleast 20 to 60 buckets of paint are ordered by the owner. If you manage to arrange atleast 5 such type customers, then you can make a profit of up to $400 (₹20,000) in this business.

Loss in Paint Business

You can suffer the most in this business during summer and rainy season. If your paint gets wet in the rain, then your paint are wet in rainy season then it looses its tincture.

To avoid this damage, you can save the paint buckets in a packed warehouse, so that you do not have any chance of loss in this business.

I hope, you have completely Read the article about How to Start Paint Business.

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