Business Idea: In the race against unemployment, everyone’s mission is to earn money. These days, people are going to great lengths to earn money, but even then, success isn’t guaranteed. The job market is becoming increasingly difficult, as there are fewer positions and more applicants. We are going to tell you a way to earn money even without a job.
You can start a business and earn a substantial income every month. You can earn several lakhs of rupees annually. An agriculture-related business will be the means to achieve financial prosperity.
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Currently, the excessive use of chemicals and pesticides has made even the food on our plates toxic. In this situation, farmers worldwide are returning to organic farming. You can earn money by starting this business. In fact, you can earn a huge profit from the vermicompost (earthworm compost) business.
High Earnings with Low Investment
People are often hesitant to start a business due to the fear of investment, as buying heavy machinery is a difficult task. They are intimidated by the cost of heavy machinery and large factories. A vermicompost unit has some unique advantages. To start it, you don’t need any expensive machinery or large infrastructure. It’s a completely natural process that anyone can start.
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You will only need a small open space. When choosing the location, make sure that rainwater doesn’t accumulate there. The materials required include animal manure, earthworms, plastic sheets, and straw or grass to cover the manure. Once the setup is complete, the earthworms do the main work. The best part is that you don’t need to work day and night.
One-Time Investment, Then High Earnings
You don’t need a large investment to start this business. You can start it with a small amount of just 50,000 rupees. Your biggest expense will be the purchase of earthworms. They are available in the market for up to 1000 rupees per kilogram. The good news is that earthworms multiply their population rapidly. The number of earthworms doubles in about three months.
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Find out how much you can earn!
People are willing to pay more for high-quality fruits and vegetables, but they must be organic. Therefore, you won’t have to struggle to sell the compost you produce. You can also contact local farmers, nurseries, and garden stores.
In cities, people are doing kitchen gardening on their rooftops, and there is a high demand for smaller packages of this compost. According to experts, if you start this business professionally with 20 beds, your annual income could reach 8 to 10 lakh rupees within two years.