wholesale Rice business
Overview
Hello business people, today we discuss about how to start wholesale rice Business in your area. In India most of the people eat rice afternoon and evening. There are different types of rice ate available in market
Our parents and old people says that rice is very healthy for us then other food items or products. In India rice is the top exporting product to other countries.
In every year we export to other countries is increasing season to season. Also we have the most number of farmers in India.
There are different type of rice grades like BPT, hmt, Sona masoori, basmati etc,,. There is a difference between the every grade by the way and the product price also different. In India rice produced in rabi and kharif.
In Market, you may see different type of rice are available like Brown rice, it helps in chronic disease, white rice is helpful for weight loss.
Almost some if other rice has best minerals and iron. Also have vitmains in rice.
Rice is always safe to eat in our daily life. You might be see in villages most of the people are eating rice than other food items.
Rice is one of the most eating food in India that syas most of the people in India are eating rice than other.
To fulfill the needs of growing population we have to produce and distribute the irce without any fluctuations in the global market.
World health organization is also said that statement that India is producing large number of rice exporting to other countries.
Taking rice if helps in children's health and growing. Rice is extracted from paddy afrer producing the paddy from the farmers tarders or government purchase them and deposit money in their banks.
Then it will go to the the government licensed rice Mills to produce the finished product. After several processes made to the paddy. It will converted in to the finished product Rice.
Requirements to start rice wholesale business
- To start, must you have the enough capital in your hand.
- Godown for storing the rice bags properly.
- Office setup with a computer to produce a invoice for coustmer makes it is so transparent Business operations.
- A delivery vehicle to distribute and purchase the rice bags from the Rice Mill or another traders.
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Licenses Required
- Before starting the business you must take the goods and services tax GST number form the sales tax department for this you have apply for this online in income department official website.
- Trade certificate is required, you can apply this at your local municipality authority. They will provide you the trade certificate as soon as possible when you apply.
- If you register your firm, this will help you to better engagement with the coustmers.
How to find rice Mills for purchase of rice
- Your right, you can purchase the rice bags from the rice Mills or from the company traders in bulk quantity. You can find out the traders of some other companies by going to your near by market and there you will be see the most of traders are available in market any market.
- Another options is too you can directly visit your nearby rice milk. Ask them like we have starting the new shop and we want the stock for mine. Then they will provide you some if the stock to by vehicle.
- Another option, directly contact the companies like JSR, Kohinoor etc,.. they will provide you the area sales manager number to you. After some conversation with the company they will provide you the stock.
Investment
Then Investment is about RS.200000 - 300000 lakhs. It depends on the stock and set up your establishing.
We are saying only the approximate volume. It seems in real time greater then or lower than that please understand.
Price of each grade like Sona masoori is starting from the range of RS.40+ . It depends on the rice Mill, company and the grade of the rice your purchasing.
Also climate and season will also decide the spice of the product in that time when you are purchasing.
Marketing
How to do marketing of your shop and address ? We will tell you. Publish your business pamphlets and distribute in publy much areas like shopping malls, departmental stores, supermarkets, hospital etc,
Make a advertisement in your local newspaper to reach th more coustmers by reading your advertisement in paper. Create a add about your business and post in your cable television.
Another power full tools is social media. All are using the social media broadly. So use the whatsap to spread your business, then automatically you will get the coustomers to your shop.
Profits
Most of the people are waiting for this question how much profit will get in touch e rice Business. For example a normal But rice bags of weight about 25 kgs which cots you about RS.1000. you must have to sold in minimum at RS.1050 - 1100.
This means you will get RS.50-100 per rice bag. This is the actual profits. You may see most of the people told you about you can earn RS.300 - 400 per rice bag this statement all are rumors Don't believe like this statements.
You will get only RS.50-100 per bag. In a day fi you sale the 20 rice bags, yoh will get the RS. 500 - 1000 per day. Iam saying minimum amount.
If you sale the more then 25 rice bags a day you will get the more of amount. In this business you want the network. The more you have the leads, then more you earn in this filed.
There is close relationship between the leads and sales. If you have the more leads you can earn a passive income. Managing the business operations transparent will also effect the grow of business.
Also Read: Amazon delivery franchise
Note
The above article is created and posted for information and education purpose only. If You want to start the business. We suggest you to go deep market research before starting any business or franchise. We at Ourbusiness4us are not responsible for any loss, profits, problems, mistakes involved during your business lifecycle.
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