It is most important to prepare a business plan before starting the incense sticks business.
Among the different types of products, decide what kind of incense sticks you will make. Accordingly, you will have to select machines. It is recommended to take up a project report before starting the venture. Startup with a fixed capital investment like machinery, plant, etc should break the budget and also make working capital investment including manpower, raw material, promotional cost, etc.
Determine your business objectives and marketing strategy. Preparing a detailed business plan will also help you with the finance system for your enterprise. Choose an attractive memorable brand name for your product.
Compliance for Agarbatti Making Business
Determine the legal pattern of your form and register accordingly like whether you want a private limited company or one person company or limited liability partnership company.
You will need to obtain a business license from the local authority. You can register as SSI unit and you will also have to register VAT.
Protect your brand name by registering the trademark.
Machinery for Agarbatti Making Business
Select machinery according to your occupational plan.
Generally, two types of machines are used to make incense sticks. One is the semi automatic machine and the other is the full automatic machine. Normally the semi automatic incense sticks sacrificial machine produces 30 -35 kg. And the fully automatic agarbatti making sacrifice machine produces 65 -70 kg per day.
You will make 150 to 180 stacks per minute out of those machines. Choose the correct machine according to your desired length, output and quality. To be successful in business, choosing the right machine to make your incense sticks is very important.
check the following video how does an Agarbatti or Incense Stick Making Machines works:-
Check an incense making machine I’ve found on indiamart:
https://dir.indiamart.com/impcat/agarbatti-making-machines.html
Marketing opportunity for Incense Sticks (Agrbatti) making business
There is a huge demand for incense sticks in the domestic as well as international markets.
India is exporting a wide range of incense sticks which are full of natural and attractive fragrances.
There are 10000 micro and small incense manufacturing units in our country, as well as 200 well-established 50 branded incense sticks manufacturing business.
Setting up a unit and selling the brand of incense sticks is a very dedicated business. You can go to the market with existing market channels or sell your products in retail stores.
Project Overview of Incense Sticks or Agarbatti Making Business
The price of semi automatic incense stick making machine starts at Rs 50,000 you can also get it on EMI as well, as many of commercial website allows EMI options
The cost of a fully automatic incense project machine can be ranged from 1 lakh to 10 lakh.
Raw Material for Incense Sticks (Agarbatti) Business
The main raw material for incense sticks is bamboo sticks and various types of powder. Other ingredients are charcoal washed, jiggat powder, passion powder and many essential oils.
According to the aroma you have to choose the right formula. And you have to pay attention to the incense sticks packaging. Fragrance packaging system is important in making incense sticks. Pay attention to it.
How to Start a Skill Based Business & Earn 50,000+ INR/Monthly
So friends, hope you have liked this business article very much.
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