Making cloth and paper bags that are eco-friendly as well as aeshthetically pleasing. With a 45% gross profit margin, and excellent feedback, we are now approaching local shops to partner with. Need investment to increase inventory as well as to boost marketing and branding efforts.
The team members noticed that most of the people in their locality are addicted to plastic bags. As they know, plastic is one of the biggest causes of pollution. To make their contribution in reducing pollution, they are making cloth and paper bags at cheap cost so that people can use these bags instead of plastic bags. Now his bags are in the market at a price of Rs. 150 They have sold 19 bags and 16 orders are already in the pipeline. They have earned 3000 profit by spending Rs. 5000.
The breakdown of our business includes cost of making one Bag - 98 rs, Selling Cost of one Bag - 180, and Per Bag profit is 82 Rs. So far as a business, we have earned a Total profit of Rs. 3000.
1) In the upcoming month they will partner with bag shop keepers in their local area for selling their products. 2) They will complete their pipeline orders. 3) Need 1 lakh investments for buying raw materials. 4) Need support on marketing their products.