We make LED bulbs, a product which is used in every household, and is in buisness the whole year!
We make LED bulbs which are used in every household and every office, shop or factory. We have sold bulbs to 10 to 15 customers till now. All of them have shown interest and given us positive feedback for our product.
So far we have earned about Rs 2,000 from our Rs. 14,000 seed capital. 80 bulbs have been sold as yet to around 15 customers. The cost of making one bulb is Rs 45 and we sell it for Rs 65, making a profit of Rs 20 per unit.
We need at least 80,000. From that amount 50,000 will be needed to acquire a warehouse where we can store our raw materials and remaining money will be needed to make an account in the shopping sites and to file for a GST number.