Fertilizer Business Tips: India is an agricultural country. Even today more than 50% of the population of India earns their livelihood through agriculture. That is why now farmers have many business opportunities related to agriculture. Farmers are not only focusing on farming. But they have also developed a lot of interest in expanding the business related to agriculture.
Fertilizer is very much needed for farming and in such a situation farmers have to buy good quality fertilizer. That is why now farmers are earning good profit by trading fertilizer. Let’s know how fertilizer business can be done. And good profit can be earned from it. It is important to keep these things in mind in business.
You can start business in these ways
There is a large scale farming in the country. And there is a huge demand for fertilizers for this. People sell fertilizers and seeds together because they have to buy fertilizers from where. If you want, you can take the dealership of a big company and become its distributor. However, you will have to spend a little more money in this. Because you will also have to deposit some amount as security money.
Or if you want, you can buy products of different companies from different wholesalers and open your own shop. Here you will not have to pay any security money. Nor will you have a sales target. You can stock your shop as you like.
10 lakh to 15 lakh
While starting any business, you have to invest in it. If you want to start a business of fertilizer and seeds, then first of all you have to register, get GST number and get a license for it. For business license, you have to contact the Agriculture Department. Where you have to pay some fees along with the necessary documents.
After this you will need a shop and a warehouse. In which you can keep all kinds of goods related to your business. If we talk about a small shop, then it can cost you 10 to 15 lakhs. On the other hand, if you want to open a good shop, then it can go up to 25 lakhs.
You can earn up to thousand per month
Farming gives profit according to the season and the fertilizer and seed business also gives profit according to the season. Many companies working in the fertilizer and seed business give you good margins. If the farming is good and you sell a good amount, then you can earn up to 50000 rupees per month. You can easily earn a profit of lakhs in a year. You have to keep in mind in which area the demand for these things is more. It would be better to open a shop there.