Shopping Malls, stationary shops, grocery shops, fruits and vegetable shops. Medical shops, paper Bag making Business Plan, starting Paper Bag manufacturing Unit. In this section, you will get an idea on how to start paper bag manufacturing unit. I will discuss various points in this section such as location selection, raw materials and machines required for manufacturing, etc. Location selection: Location selection is very crucial in every business. You have consider several points before finalizing the location because it cannot be changes once you installed you machinery. . In paper bag manufacturing you should have to look for availability of following things.
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What types of machines are required in manufacturing. Requirements of raw material, detailed information on paper bag manufacturing process. Profit margin in this business, business promotion and marketing strategy, paper Bag making business Opportunity scope. In this time, paper bags have become style statemtent for the people of India and abroad. The demand of eco-friendly paper bag is rising at exponential rate throughout the county and it will continue to rise in coming years. After ban imposed on use of paper bags in tier-1 cities of India such as Bangalore, delhi, chennai, mumbai, hyderabad, etc. In coming years, they are going to extend the boundries and will impose ban of all cities of India. With all these current scenario, i hope that you can pdf now figure out the scope and opportunity in this business. Apart from all this, paper carry bags are cheap and it plays important role in clean environment and it is easily recyclable as compared to hazardous plastic carry bags. This is very great opportunity to earn profit from this business and save the environment at the same time. The use of paper bag as common packageing material has increased significantly in the following places.
Of short course, you should carry out your feasibility research to determine if your city is a potential market. This is perfect time to step into paper bag making business because of the ban imposed on use of plastic bags in various states of India. Government is taking necessary steps in educating people about hazards of plastics and related materials, and in many states of India we see that use of paper carry bags have overtaken plastic bags. Here in this article, we will discuss about business opportunity in manufacturing of paper bags in India. In this comprehensive researched business plan, you will get clear understanding of the following points. Scope and opportunity in this business. How to start paper bag manufacturing unit.
Expand do you know why there are so many stagnant businesses today? Its because a lot of entrepreneurs like to desk diversify a lot! Take your time to grow a business, before going into another; build that, then move on to another. If you are planning to start a paper bag business, then you must take your time growing. It could weaken your foundation. In conclusion, i want you to know that Africa is a potential market for paper bag production business. Its possible for you to build a multi-million naira industry by producing paper bags for the African masses. Come up with ideas that will make your idea more solid. Write a business plan and get started!
Heres what he had to say about winning the award: The grand prize is a great honor for. With this money i plan to expand my production capability and also build a paper recycling operation. I also plan to employ 60 people before the end of 2015. I also hope to have a paper plant at Namanve industrial Park. Get help, Employ more hands Yes. The job is enormous and management intensive. You cant handle it alone. Take full advantage of outsourcing. Mupuya had to engage the contract of 16 students to help him in producing paper bags; and today, they produce 20k paper bags and generate thousands of Dollars monthly!
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You must include these things in your business plan. Mupuya had to come up with a detailed business plan; he inquired from his teachers, surveyed his environment and concluded that paper business is worth going into. You can actually the start a paper business also. Just survey your surroundings. Remember, your location does not determine your prosperity. like i always say you wont know it works unless you try. Research with your citys state legal structures.
Does your community accept starting a paper bag company? Find out what it takes to start a business in your vicinity. Get to your state council to make every necessary inquiry. Get a suitable location for production. Get the needed equipment Well, lets get back to Andres story. He won a 36,000 quit and his firm: yeli—became the best African startup amongst 13 finalists.
It happened with Rice, clothes, cars, groundnut oil, Frozen Chicken and Frozen fish; it will still happen again with nylon bags. If you have the resources, then i advice you venture into paper bag production and bottled water production ; as these two will be affected by the ban on plastic bags and nylons ( sachet water or pure water ). Get in the right mindset. Nothing good comes easy. Your sojourn into paper bag production is not going to be rosy, so you have to be mentally prepared to take whatever comes; with respect to financial, operational and peoples problems.
Do your feasibility research, a feasibility study is very important as it gives you an insight into what you intend venturing into. Your feasibility report should provide details about who your customers are, your competitors, your market size, demographic, production process analysis, manpower analysis and risk sensitivity. Come up with a business plan. You need a solid business plan to start your business; as this may also become a tool when you want to enter a business plan competition or raise capital for expansion. Who are your target prospects? How much would you need to kickstart your paper business?
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He neglected the critics and naysayers; conducted a feasibility study, wrote a kick ass business plan, did his home work ( market research around supermarkets in his vicinity report and discovered theres a great demand mother for paper bags. In fact, he found out that the demand was more than the supply. His team now produces 20,000 paper bags weekly, and his long list of clients include multinational companies in Uganda, mega supermarkets, as well as Samsung. His long clients now include retail shops, restaurants and local manufacturers like mganjo grain millers Now, thats enough about this young Paper bag business man. Lets talk about you. Let me walk you through the process of starting your own paper bag business. Note : I want to bring it to your notice that the same thing that happened in Uganda years ago is about to repeat itself in Nigeria. The federal government is currently proposing a bill to ban the use of polythene bags and nylons, because they constitute nuisance to the environment ( they take years to decompose and they are mainly responsible for drainage blockage ). Once this law is implemented and enforced, the demand for paper bag will increase drastically.
You can actually become the next African Bill Gates. And come up with a loan killer product people cant resist. Thats what Andrew did. Otunba akin Alabi saw the need for Nigeria to have her own bookmarker; and he created m to meet the nations need and today, he generates approximately of N1 million dollars monthly from sports betting! Without further ado, mupuya started his paper business on a small scale level Of course, people laughed at him in those years. Why would people want to buy paper bag from him they say? Dreamer they called him. But something told him to keep at it Something told him not to give. That his breakthrough would soon come.
its not an idea. Dont embark. Mupuya saw a need for paper bags. He knew they decompose easily and far better than plastic bags. And he started a paper bag mill to meet the demand.
He struggled for months to pay his school fees. Ah, those months were hell! He would gather a little money here. And a little money there just to balance his school fees. Then one fateful year, something Happened, in 2008, the Ugandan government banned the use of polythene plastic bags. He immediately saw a need for paper bags. What do you see? Dont sell what you people need. Sell what they want.
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Are you interested in starting a paper bag production company? Or you need a sample paper bag production business plan template? Do you want to learn how to make money by producing and selling paper bags at a large scale level? Then i advice you read. Theres so much money to be made in paper bag production. If you think there is no money to be made in this business, then wait till you read the story of Andrew Mupuya; a 16-year old Ugandan entrepreneur who operates. Mega paper bag production company with about a 20-man employee. When Andrew got into college, his parents were laid off from work.