Profitable Business Ideas: Earn 5-10 Lakh Every Month; Know Cost & Profit

If you are really fed up with your current job and you eagerly want to start your own business that runs from village to small and big cities, then through this article, we are providing you ideas, through which you can earn huge profit and can easily earn 5 to 10 lakh every month.

The demand for a cardboard box has increased a lot these days. We all need cardboard for packing every small to big items. The best feature of this is that the demand for a cardboard remains constant every month. No matter wherever you go, you are always in search of a better packing for any of your item. Cardboard is needed the most in an online business as well.

Know How to start this business and other important details of earning bumper profit every month!

What is Cardboard?

It is the thick paper that is used to make the boxes, in other simple words; the cardboard is a paper based material, which has a great thickness & superior durability.

Raw Material Needed For Making Cardboard?

• The Kraft paper will be the most important thing, to start this profitable business.

• The market price of Kraft is not much; it is around Rs 40 per kg.

• The better quality Kraft paper you use to make cardboard, the better quality boxes will be made out of it, which will have the better durability.

How Much Space & Machines Will Require?

• You will need around 5000 Sq. of space, to start this business.

• Not only this, a warehouse is also needed to keep the goods.

• You will need two types of machines for this. One is Semi-Automatic Machine & the other one is Fully Automatic Machine.

• The bigger the difference in investment between these two, the more will be the difference in their size.

How to Earn in Bumper?

• The demand for this business has increased significantly during the Covid pandemic.

• The profit margin in this business is also very huge.

• If you market this business in a better way & make a good customer, then you can easily earn 5 to 10 lakh every month by starting this business.

How Much Money Will Require?

• It all depends on you whether you want to start it as a small business or want to start a business at a large level.

• If you start this business on a large scale, then you will have to invest at least Rs 20 lakh.

• Starting a business with a semi-automatic machine can cost up to Rs 20 lakh.

• At the same time, it is estimated that up to Rs 50 lakh will be spent on starting through fully automatic machines.

You can apply in any bank under the Pradhan Mantri Mudra Yojana to raise the funds to start this business.