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Home Business Opinion

Electric Switch plug business is giving excellent opportunity to earn millions in low investment, start this way

Archana Sharma by Archana Sharma
January 23, 2021
in Opinion
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Switch plug business is giving excellent opportunity to earn millions in low investment, start this way
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Electricity is an important part of every person’s life today and without it life cannot be wished. In such a situation, if someone wants to start the business of making a switch plug, then it can be a very good business idea because it has a lot of earning opportunities and the best thing is that it does not require much investment to start this business. is. If you are looking for a business idea that you can earn a lot of profit after starting, then read this article in our entirety because you will get all the information in this post.

How to Start Switch Plug Business?

Let me tell you here that if you are looking to start the business of making switch plugs, then for this you must first know how much profit you will make if you start this business. Along with this, you also have to know that if you start this business, then you have any kind of risk in it or not. After that, you see that how much you can invest in this business because to start any business there are many important things besides investing in it which are very important for you to know and only then you can start your business. Start. Along with this, you also have to decide whether or not you will create your own brand in this business.

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Switch Plug Business Market Research

If you want that to start your switch plug making business, you have to do market research first because it is the first step to start any successful business. By doing market research, you will get the benefit of how many switch plugs you have to manufacture in the area where you are starting your switch plug making business so that their demand in the market can be fulfilled and along with this you will also It has to be seen that there are other such traders who are already doing this work. In this way, you will get the idea that in the area where you are going to start the business of making switch plugs, how much success can you get there.

Raw Material for Switch Plug Business

To start this business you will need two most important things: Bakelite powder and brass parts. You will get both of these for between Rs 5000 and Rs 6000. For information here, let us know that you will find this stuff very easily in the big market of your city. If you do not find this item in your city, then you can also order it online.

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Switch Plug Machinery

You must have a backlight moulding press to make the switch plug. We would suggest to you that when you start this work, then at that time you prefer only press of 2.5 / 3-inch size to make mould because you can handle it very easily with your hand. Apart from this, let us tell you that to heat the backlight powder, you will also have to buy a heater. Let us know that you have to spend about 30 thousand rupees to buy a heater and machine.

Process of making switch plug

  • For this, first of all, pour the dye in the Bakelite moulding machine.
  • Now put the brass parts properly arranged inside it.
  • Now place the dye on top of the machine and fill the baker powder in the feeder.
  • Thus the powder will come into contact with the heater and start melting.
  • Due to compression of the dye, the powder will get a shape.
  • In this way you can make switch plugs very easily. 4

The switch plugs to start trading

To start the switch plug trade, you will need space to install the machine and to keep the rest of the accessories as well as the switch plugs made. Therefore, choose a place where you have access to proper electricity as well as other facilities.

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License and Registration for Switch Plug Business

If you want that your business runs for a long time and you do not have any kind of trouble, then you must register your business, along with that you must get a license for your business so that you can do it while doing this business. You will not have to face any kind of problem.

Staff for Switch Plug Business

To start any work, it is very important to have a helper in it because through them the work becomes easier and quicker. Therefore you will need to have a staff of at least 2 people to run the switch plug business successfully. You will not be able to do all the work alone, so it would be better if you keep a helper.

Packaging for Switch Plug Business

When your switches are plugged in, you should also be packaging them. Please tell that you will need cardboard cartons for their packaging. You must also print your company name, address etc. on these carts.

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Investment in Switch Plug Business

Now the question is coming in your mind that how much can cost you in the business of making switch plugs, then let me tell you here that if you start this business, then for this you will spend at least ‌40 thousand rupees. Can come.

Profit in Switch Plug Business

First of all, let us tell you that your profit in the business of making switch plugs depends on whether you have started this work at a big level or at a small level. If your work is on a large scale then you will also benefit more. Nevertheless, let us tell you that with less investment in the beginning, you can earn a profit of Rs 15000 to 25000 rupees from this business.

Marketing of Switch Plug Business

When you start the business of making switch plugs, keep in mind that marketing is most important to make your business successful because often there are many traders who start a business but its marketing is not much importance. Due to which their business fails. So if you want to make a successful business, then do marketing of your business both online and offline.

Risk in Switch Plug Trade

Now let us tell you here that if you are having a question about what risk you may get in the switch plug trade, then please inform that there is no risk of any kind in this trade because, in any trade, there would be a risk. Is when it is started without a plan. If you start your business under the entire scheme and also do marketing properly, then you will definitely get success in this business.

To start the switch plug business, you have to work with complete intelligence and planning. Do not invest too much while starting this work because it is not sensible to put too much money in any business.

Also Read: Most Earning Festival Business Ideas For Holi, Diwali, Rakhi, Navratri

Archana Sharma

Archana Sharma

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