Staple Pin-Making Business
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Staple pin business is a business that can be started easily. You can earn good profits through this business. At the same time, the demand for staple pin business is also increasing rapidly in the market. Staple pins are required almost everywhere from schools, offices, colleges and banks. Therefore, if you start this business, you can easily develop your business. You can sell the pin made by you at many places. After all, today we are going to give you how to start staple pin business and other important information related to this business.
How to start staple pin business
Before starting this business, you should know well how staple pins are made and where to buy the materials and machines used to make them and what is their price in the market.
staple pin machine
You can easily make these pins through automatic staple pin machine. To make these pins you will need only this machine. Apart from this, while purchasing the machine, check once whether the machine is working properly or not. Apart from this, also find out how many staple pins are made by the machine in how much time.
Where to buy this machine
You can buy this machine from the market or through online shopping. If we talk about the price of this machine, its price starts from Rs 1 lakh. You can easily buy this machine by visiting the link given below.
https://www.tradeindia.com/manufacturers/staple-pin-making-machine.html
https://www.exportersindia.com/indian-suppliers/staple-pin-making-machine.htm
Staple pin business related materials and their price
Apart from machines, the other thing that you must have to start this business is raw materials. If you want, you can make this pin by using any metal like copper or iron. Talking about the price of these metals, the price of copper wire per kg starts from Rs 500. Whereas iron wire is cheaper than copper wire. You will get this wire in the market at the rate of Rs 30 per kg. Both these metals will be easily available to you in the market. Apart from this, staple pins are of many sizes or shapes. Therefore, think ahead and decide what size pin you want to make.
Staple Pin Making Process
A directly automated machine is used to make staple pins, meaning all you have to do is learn how to operate the machine. To make a pin, you have to insert copper or iron wire inside the automatic staple pin machine. After which this machine will automatically make these wires in the shape of a pin. After the pins come out of the machine, you will have to collect them at one place. You will then have to pack the collected pins in separate boxes.
business registration
It is very important for any businessman to register his business. Therefore, before starting your business, get all the information related to its registration thoroughly. You will also have to think of a name for your business. Your business will be registered in this name. After which you will be given trade license and VAT license by the local authority and after getting these you will be able to start your business.
Pin packaging and labeling
When your pins are ready by the machine, you will have to pack those pins. For this you will also need some carton boxes. Staple pins are often packed in small boxes. Therefore you will need a small cardboard box. You can get these boxes made from a cardboard box maker.
choose location
If you start this business with just one machine, you will not need a large space. Whereas if you want to run this business through more than one machine, then you will need a larger space. Apart from this, keep in mind that the electricity facility at that place should be good. To operate the staple pin making machine, 1 HP motor and 220 to 440 volts are required.
selection of people
You will also have to hire some people. While selecting these people, explain them well about your work and try to choose someone for this business who is capable of doing all types of work.
It is also important to be careful
Take a good look at the environment around the place from where you are going to start your business. Also, always keep your belongings in a safe place. Apart from this, keep cardboard items away from electrical appliances.
promotion of your business
In today's times, promoting your business has become very important. Therefore, it is important for you to give information about your business to the people associated with your business. By doing this your work can be spread to more people. More people will be able to buy your goods. Try to go directly to a school or office and sell your goods to them. By doing this, these goods will be cheaper for them and you too will become a good client. This way your business will expand more quickly.
business budget
Before starting any business, it is important to prepare the budget related to that business. Talking about the budget of this business, up to Rs 3 lakh will be required to start this business.
You can start this business even on a small scale
You can also start this business on a small scale. You can also start this business with the help of just one machine. However, if you have more budget then you can start this work by purchasing three or four machines and gradually increase it further.
facility to take loan
If you are short of money to start your business, you can take the help of a loan. There are many government and private banks which provide loan facilities. You can go to any bank and apply for a loan. However, before taking a loan from any bank, find out the interest rates of three-four banks. You should take loan from the bank whose interest rate is lower. While taking the loan, you will have to give some guarantee to the bank.
