Home Business Ideas New business ideas with low investment IN 2020

New business ideas with low investment IN 2020

new business ideas with low investment

how to start leather belt making or manufacturing business plan), how to make custom leather belts Leather belts are an accessory used daily by both women and men. Anyone of any age in the whole world, he needs a belt, so there is a huge demand in the market. These belts come in black and brown colors with various attractive buckles.

The process of making it is also very easy, so if you are looking for a small-scale manufacturing business opportunity in which you have to invest moderately, then making and trading leather belts can be a very lucrative opportunity.  

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new business ideas with low investment

To start a leather belt making unit in a small firm, you will need to register several licenses and your business someplace, see about it here –

Registration under ROC: – It is necessary that you register your business under ROC with a brand name as per state rules.

Trade License: – It is also necessary to obtain a trade license for your business with the local municipal corporation or other such authority.
Udyog Aadhaar and MSME Registration: – You will also have to apply for Udyog Aadhar and MSME Registration for this business. Because it helps you to get maximum benefits like easy approval of bank loan, reduction in interest rate etc. as well as facilities provided under MSME Act.
IEC Number or Export License: – If you want to export leather belt somewhere outside India, you can get an export license or IEC number by the Directorate General of Foreign Trade (DGFT).
NOC: – Since the business of making leather belts does not generate any kind of pollution. Because the main raw material used in it becomes easily available in the market. Therefore, no approval or consent is required from the Pollution Board.
Apart from this, if you are having any problem in learning about the different stages of getting a license, then you can contact your local authorities for more information.   Market Research and Promotion

Before starting any business, it is necessary to research its demand and market. And with the promotion of that business more and more it grows. So to establish your business, you should how to make custom leather belts.
look at the following points –
Business potential in the market: – First of all, you have to research and find out the demand of your local market or selected business in the state or country.
Competition in the market: – This business may have high market potential, but it can also have many competitors in the market. Which will make it difficult for you to establish your business in a suitable area. Therefore, it is better to establish your business only by finding out about your competitor.
Advantage and Disadvantage: – Every business has its advantages and disadvantages. With the right research, you can find various benefits and disadvantages, and according to that you can plan to establish your business.
Total Investment: – With the right research, you can get the approximate amount of capital required to start and run a business properly. A leather belt business may require around Rs 3 lakh.Markets and customers: – In order to sell the products made by the company, it is necessary to find out the markets and different customers.
Business promotion: – Once you have started your business, after that you will have to promote it, so that people are attracted to your product and they can benefit you by purchasing it. In this way you can earn more profit by setting up your business by doing various research.Leather Belt Manufacturing Machine
The following machinery is required to make leather belts –   Power-operated strap cutting machine

Upper Leather Skiving Machine
Single Needle Flatbed Industrial Sewing Machine Side crossing machine etc.
Raw Material for Leather Belt Making BusinessSome raw materials are required to make leather belts, of which the most important raw materials are chrome tended upper leather and split leather. Apart from this, you will also need tools for piercing and some hand-using tools as well as other tools like buckle, thread, solution etc. You will also have to buy some materials from the market for belt packaging.
Where to Buy (Place to Buy)
You can buy machinery used for this trade online from website like IndiaMart or Alibaba. Also, its raw material will be easily available in the market. Otherwise you can also buy it with the help of the online website.

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how to start leather belt making or manufacturing business

Leather Belt Making Process
As mentioned above, the process of making leather belts is very simple. The process of making leather metal belts is as follows –
First of all, cut the leather metal buckle into strips according to the thickness of the belt. For this, you can use a strap cutting machine

Also, you cut the edges of the belt slightly slant. Then bend the cut edges diagonally. Apply glue on this folded part and paste it.
After pasting, sew it with the help of a sewing machine. And cut the remaining part with scissors.
Then make a hole in the leather belt using a piercing machine, ie punching machine, to make a few holes at the same distance and attach the buckle to it as well.
Some belts also have such buckles attached, which do not pierce. You can make different designs for this.
Belts are available in different sizes and sizes according to the waist of different age and gender, you have to manufacture the belt accordingly.
Your belt is ready, after that you packaging it and then it will be ready to sell in the market.Selection of Location
For this trade, your customers will be either wholesalers or retailers. You will not deliver it directly to the user. Because of this, the location chosen for your factory will not have much impact on your sales.

But you have to choose a place where there is a better facility for electricity and water. Also, there should be ease of transportation. But since the machine is being used in this business, which can be noisy, you have to choose a place for business where your neighborhood does not have any problem, keeping in mind the residential
Arrangement of Capital
You will need moderate investment to start the business of making leather belts. But if the money you deposited is not enough to start this business, then you can get financial help from thereby presenting your right business plan to the bank.
Hire Workers
You will need experiencing as well as skilled laborers to start building the belt. You should hire such skilled workers, who can help you to manufacture and maintain the product well. You can also hire unskilled laborers, who you can train. You can also keep these laborers at a low cost.In this way, you can earn profit by setting up this business keeping in mind the above-mentioned points.


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