How to Start Paper Plate Business, Paper Plate Wholesale, Profit
The use of paper plates is increasing nowadays. Paper plates are used on daily roadside stalls, marriages, parties and in all kinds of programs. This is the biggest reason behind the increased demand for paper plates in day to day market.
If you also wanna know about paper plate business requirements such as: Documents required to start paper making business, How much investment will be required, How much profit you can earn, what are the chances of loss etc. in detail then read this article thoroughly.
So lets start by reading the article on How to Start Paper Plate Business and How to Open Paper Plate Shop in detail.
How to Start Paper Plate Business
You can start your own paper plate business with an investment amount of around $412 – $665 (₹50,000 to ₹80,000). Where you have to arrange papers for making plates then it’s machine, which will cost you around $200 – $305 (₹17,000 to 25,000).
Apart from this if you rent a place to open your shop, then it will cost you around $140 – $170 (8,000 to 10,000) per month and at last the cost of waste paper roll etc. will be around $175 – $182 (₹15,000 to ₹18,000).
Paper plate is made with the help of two types of paper. You can make paper plates from all types of paper i.e.
- Waste Paper
- Newspaper
- Paper Roll
- Paper Making Machine
You can buy newspapers and other waste papers directly from scrap dealers in kilos. In this way, your total expenditure in this business will be around $450 (₹53,000).
Where to Buy Paper Plate Making Machine
The cost of paper plate-making machine is around $180 – $350 (₹15,000 to ₹27,000). But where to get paper plate machine? You will find it on various trusted websites like Amazon, Justdial, Indiamart etc. Here you can easily place order online and get it delivered to your convenient location.
Paper plate-making machines can also make Thali plats, Bowls, Shaped Thallis etc. For this reason, these machines are also available in different varieties. You can buy any paper plate-making machine according to your budget and requirement.
Documents Required for Paper Plate Business
To start paper plate business, you will need to get certain licenses approved such as: Shop License (Gumasta License), MSME Certificate and GST License.
Along with this, you will also require a current account on behalf of your business. Since savings accounts don’t have such facilities to accept so many transactions on daily basis hence, this account is required.
Using MSME Certificate you will be eligible to get advantages of govt. schemes and benefits. Apart from this, GST License is required to those whose annual profit exceeds around $2,445 (₹20 lakhs).
How to make Paper Plates
1. To make paper plates, first of all, you need to arrange bulk and role of lots of paper.
2. Then put all those waste papers in the cutting machine so that all the papers are cut equally.
3. After the paper is cut, you have to put the paper plate in paper sticking machine, where with the help of heating process, the layers of the plate will be pasted.
4. Once they are dry and hard, cut them into shapes of same size and make bundles of it. Even if you are making paper plates of roll paper, you have to follow the same process.
5. In this way, different types of paper plates can be made and later on they are shaped into various designs.
6. Now your paper plate is ready and you can sell it to people in the market.
Profit Margin in Paper Plate Business
If you make an investment of around $440 – $550 (₹55,000 to ₹68,000) in the business of paper plates, then you can easily make around $2,880 (₹2,27,000). If you take out your expenses from it, then you get a profit of $2200 (₹1,50,000). Hence, this business is very profitable business.
How to Market Paper Plate Business
You can advertise and boost your sales by visiting roadside stalls and tell them the benefits of buying your paper plates. Since its demand is already high in market they will buy it for sure without much advertising.
For better reach, you can also create your business profile and page on various social media pages such as: Facebook, Instagram, Twitter, Linkedin etc.
You can put photos and videos of your product. Along with this, you can also take online orders by connecting with wholesalers on social media.
Hoping, you have completely read the article about How to Start Paper Plate Business.
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