The winter season is knocking at the door. With every new season, opportunities to start your own business come. In the upcoming winter season, you can start a business with a low budget. Throughout the winter season, the demand will be high for the woolen products, so the chances to gain a huge profit will also be on the higher side.
You can start a quilt and blanket business in two ways:
Produce and sell your own:
If you want to make quilts and blankets yourself, you’ll need to set up a small plant. This will require machinery, raw materials, and packaging. Making them yourself will require a little more effort, but the profits will be better.
Sell goods by ordering them from a dealer:
If manufacturing seems daunting, you can also source finished goods directly from dealers or companies and sell them. This method requires a lower initial investment and allows for quick business start-up.
Making quilts and blankets yourself can require an investment of ₹50,000 to ₹1.5 lakh. This includes the cost of the machine, cotton, fabric, labeling, and packaging. If you’re solely interested in sales, you can start one with ₹10,000–₹20,000. You can order a consignment of ₹20,000 and sell it in the local market or online.
Advantages and prospects:
- Can be started with low investment.
- Good profits due to high demand in winter.
- Customers can be easily reached through both online and offline mediums.
- Even by starting on a small scale, the business can be expanded gradually.
A winter quilt and blanket business can be low in initial investment and high in profit. With proper planning and timely stockpiling, this business can be profitable.
Desclaimer: For any financial invest anywhere on your own responsibility, Times Bull will not be responsible for it.