Business Idea: Earn 3 lakh rupees every month by investing 5 lakhs
Friends, everyone wants to earn good money by doing business, so today we have for you such an idea in which you can invest money and earn good profit every month. Come and know what that business is.
Low investment and high profits are everyone’s dream. Fire Safety Equipment Rental Service is one such new and profitable business, in which you can expect big profits at low cost. Awareness towards fire safety and the increasing stringent standards of government rules have turned this business into a great opportunity.
Fire Safety Equipment Rental Service: What is this business?
The main work of this business is to rent fire safety equipment.
The demand for fire safety equipment is increasing in events, weddings, parties, coaching centers, schools, hospitals and other institutions.
You can buy these equipment and rent them and earn regular income.
Initial Investment
This business can be started easily with an investment of up to Rs 5 lakh.
Fire Safety Equipment: Buy equipment up to ₹ 4 lakh in the beginning.
- Fire Extinguishers
- Fire Blanket
- Smoke Detector
- Fire Alarm System
Storage and Transportation: Use a room in your house or a small warehouse to store the equipment. Add up to ₹1 lakh for transportation.
Profit Calculation
Rental Rate: Small equipment can be rented for ₹500 to ₹1000 per day and large equipment for ₹2000 to ₹5000 per day.
Demand: On an average, it is possible to earn up to 3 lakhs from 50 to 60 events every month.
Business Process
Create Demand:
Contact event managers, wedding organizers, coaching institutes, and other businesses.
Use social media and digital marketing.
Understand Government Guidelines:
Promote your business in collaboration with the local administration and police.
Inform about the risks and legal action for violating safety rules.
Focus on events:
Most events happen on weekends, so there is no need to spend much time on your business.
Installing and removing equipment during events is only a 2-3 hour job.
Who can do this business?
-
College students and youth
This business can be done along with studies.
Good income can be earned by working on weekends.
-
Women
This is a smart work business.
Women can easily reach customers by running social media and awareness campaigns.
-
Retired employees
Retired government employees can easily contribute to government rules and awareness campaigns using their experience.
Can increase customers through their network.
Benefits
Low investment: Business can be started within ₹5 lakh.
No risk: Your property remains safe.
Minimum overheads: The cost of maintenance and refilling of equipment is very low.
Fixed assets: Equipment is always with you.
Fast Growth: Growth prospects due to increasing demand for fire safety.
Conclusion
Fire Safety Equipment Rental Service is a great business idea that can earn huge profits at low cost. This business is not only financially beneficial but is also a great medium to spread safety and awareness in the society.
Start this business today and touch new heights of success!
Hope you liked our post, please do not forget to share the post with your friends, because the dream of becoming rich is not only yours but theirs too.
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