Market research and location selection for sanitary pad business

[nishat@264]

If the business is being started from a low level then its cost is low and the businessman can start this business with his savings. The businessman can start this business by using his savings and taking a loan if needed.

Various government schemes are being run by the government to encourage new businessmen, in which the amount of interest rate is very low. The businessman can choose any one of these schemes and get a loan from the bank under it.

Also read: How to be successful in business?

The second important task is the selection of the jamaica whatsapp data place where the businessman should set up his business, whether in the village or in the city, from where he can operate his business and sell his product. As we have already discussed, for this business, the businessman does not need to be trained or have high technology, so this work can be done by a person belonging to a rural environment. Anyone can learn to operate an automatic sanitary bed making machine in just a few hours.

Therefore, domestic and working women are most suitable for this industry. Because their wage rate is very low and they are also easily available. If we talk about space, then this business requires ample space, which should be about 1000 to 2500 square feet.

It can also be a large hall where the workers can operate the machines and the raw materials and finished goods can be stored. A businessman needs space for production premises, storage area, checking area, office etc.

Government Approvals in Sanitary Pad Business
In India, sanitary napkins are classified as cloth. Therefore, while starting this business, we have to take some approvals. For this, we have to take permission from the Food and Drug Administration and the production of sanitary pads should also be done by meeting IS standards. Therefore, it should be kept in mind that when it is produced, the necessary process and standard hygiene should be followed.

When the sanitary pad is manufactured by the businessman, it is taken to the NABL training and laboratory for testing. Apart from this, the businessman needs to register himself under the Factory Act and it is necessary to obtain a trade license from the local authority like Municipal Corporation, Nagar Palika, etc.