Do you want to start an exercise book manufacturing business with low investment? Find here a detailed guide on starting an exercise and notebook-making business on small scale.
Notebook and various types of exercise book-making business are profitable and it involves simple machinery. Stationery items like notebooks, exercise books, logbooks, etc are always in demand for students.
Different types of registers are also essential in every office, institution, organization, etc. Generally, they are available in different sizes according to the local market demand.
There is an increasing demand for notebooks as stationery items in view of rapid growth in institutions and offices of government and commercial establishments. Any individual can start an exercise book-making business on a small and medium scale basis. The requirement of the area for the unit establishment is also very less compared to other similar manufacturing operations.
8 Steps to Start an Exercise Book Manufacturing Business
1. Understand the Local Market Potential
The very first step to starting any small-scale manufacturing business is to find out the demand for the product in the local market. Research the market and gather information regarding the sales volume, type of exercise books that are selling, pricing, and local competition from other players. All this information will play a vital role in planning your business appropriately.
2. Create a Business Plan
If you find there is a good local market for exercise books, the next step is to write a business plan document. It is advised to hire a professional to write your business project plan. More so if you are looking to fund your business. Some of the topics that must be addressed in your exercise book project plan are the following:
- Fixed and recurring costs
- Industry Analysis
- Market Competition
- Manpower Plan
- Operational Plan
- Marketing Plan
3. Registration & Licenses
In starting an exercise book-making business, you will need to obtain different types of registrations and licenses from different authorities. Register your business first with ROC. According to the size and management holding pattern choose the right form of business organization.
Apply for Trade License from the local Municipal authority. Obtain Udyog Aadhar MSME registration. This will help you in accessing different schemes from the Government. Apply for a GST registration number as it is mandatory to have to run a manufacturing business at present.
Apply for a ‘No Objection Certificate’ from the state Pollution Control Board. Protect your brand by having a Trademark Registration.
4. Arrange Finance
Alike any manufacturing operation, an exercise book-making business also has two types of investment required. It is recommended to apply for a complete project loan from your nearby banks or financial institution.
If you are starting the business from a rental space then the cost of land and building will be eliminated. You can also avail only working capital assistance by applying for a cash credit or overdraft facility.
5. Exercise Book Making Machine & Raw Materials
A semi-automatic plant is a perfect proposition for starting a small-scale exercise book-making business. You will need to establish the machines in interconnected manners. Required machines are as follows:
- Disc ruling machine: It rules on both sides of the paper in one direction, either Straight-Graph or Stop, in one or two colors at a time. The operating system is manual feeding.
- Semi-automatic paper cutting machine: It can cut 28 to 30 pieces per minute.
- Book stitching machine: The machine speed is generally 180 Staples / Minute
- Book pressing machine:
- Three Knife Trimming (Three Edge Trimming) Machine: It is an automatic pre-clamping of a pile of books with an automatic pile slide into the cutting station
- Perforating machine
In the exercise book manufacturing business, the major raw material is 40-50 gsm white sheet. You will also need to procure a greyboard sheet, printing ink, cover sheet, gum, stitching wire, and other consumables.
6. Cost of Starting Exercise Book Manufacturing Business
The costs and investments will largely depend on the size and production output of the manufacturing unit. However, on a rough estimate setting up a small-scale exercise book manufacturing unit will cost a minimum of Rs. 5 Lacs to Rs. 10 Lacs.
A semi-automatic or automatic notebook manufacturing machine with 5000 books per day will cost in the range of Rs 3 Lacs to 4 Lacs at present.
7. Exercise Book Making Manufacturing Process
The manufacturing process of notebooks, registers, etc is quite simple. In this process, first of all, white papers are ruled with the help of the ruling machine as per the local requirement. Then, the ruled paper sheets are folded into the required size of the notebook (92/192 pages) and then after binding it with grey boards, labels and covers and pasted on it.
These labels can also be printed by the entrepreneur in his own unit and various multicolor attractive covers can be purchased from the market. After pasting the covers, cut them to give the finishing touch. The same procedure is followed for making the registers also.
In the entire exercise book-making process, you will need to employ 3 to 4 machine operators.
8. Promote your Exercise Book Making Business
It is most essential to have a marketing plan to make exercise book-making business successful. Create an effective network of distributors, wholesalers, and big retailers so that your books are visible in most retail stores. Also, in the present day, it is extremely important to have a website so that your company has an online presence.
Furthermore, list your exercise books on online marketplaces like Amazon and others. Explore social media and keep on updating your business activities on your social media page.
Editorial Staff at NextWhatBusiness is a team of Business Consultants having years of experience in small and medium scale businesses.