In India, snacks are available in every household. Snacks are often taken in between meals to curb the hunger cravings and even served when there are guests over. In India, almost every household has an allotted monthly budget for these snacks & namkeens. Therefore, opening a snack shop in our country has proven to be a beneficial business for many as the customer buys it almost every month, so there is never a shortage of demand for this business.
If you are serious about starting your own Snacks business then you need to start small first. Many successful snack businesses were started from a household kitchen. Once you have tested your product locally with minimum expenditure you can think about renting a shop. This will surely result in higher revenue.
An entrepreneur does not require much investment to start a snack business. They just have to buy some goods such as raw materials and packing materials, which they will need to buy along with the shop. Such a business should start at a small level because such a business can be expanded gradually according to the demand of customers, so it is prudent to avoid spending more than necessary.
Because Snacks Business is a food-related business, even if the entrepreneur is starting it as an individual, he or she may definitely need a food license. If the turnover of the entrepreneur is less than 12 lakhs then he can get this license online for Rs 100-150 and in addition, the entrepreneur may also need a trade license from the local authority such as Municipal Corporation, Municipality, etc. As the business of the entrepreneur grows, he should also get all the necessary licenses and registrations.
Once your shop opens and all the work is done in it, then it comes to how you can do marketing for your people and you can do advertisements for it either through paper and poster banner. Through all these marketing channels you can attract customers to your shop.