Business Idea: From groceries to medicines and beauty products, this thing comes in handy. Once you start the business, you will earn a lot!

New Delhi. If you are looking for a new business, then we have a great business idea for you. This is the business of such a thing, the demand for which remains in the market all year round. At the same time, it is used in food, medicine and beauty products. Actually, we’re talking about the coconut oil business here. You can make good profits by starting to extract coconut oil.

We tell you that coconut oil is easily available in every household. Due to its properties, coconut oil is used for various purposes. Tell us how to start your business.

Also read this – Business Idea: There is a great demand for this thing in the market. Earn huge profits by starting a business

How do I start a business?
You can open a coconut oil shop anywhere in the village or town. For this you need coconut as a raw material. In addition, for oil extraction, you need a wood press machine, HP motor, filter machine, storage tank, etc. You can prepare the setup according to your needs. From there the oil can be brought to the market after completion.

How to make coconut oil
When we talk about the process of making coconut oil, it starts with grinding the coconut by putting it in a wooden press machine. After a long fine grinding, it is crushed and oil is extracted from it. The oil gets very hot, so leave it open for a while to cool down. After cooling, it is cleaned by putting it in the filter machine. It is then bottled or large containers and placed on the market.

Cost and merit in this business
If you are thinking about starting this business, you will have to spend a lot of money to buy the machine. All the machines for this small business cost Rs 5-7 lakhs. At the same time, to start this business on a large scale, you may need to spend up to 15-20 lakhs. However, you can also take out a loan to start this venture under the PM Mudra loan program. Speaking of earnings, you can earn up to 3 lakhs a year by subtracting all expenses from this business.

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