Gems clip is an essential item in education and office stationery. The gem clip-making process is simple. An entrepreneur with low startup capital can initiate this business as a home-based also. Gem clip manufacturing business can be operated on a part-time or full-time basis.
There is a huge demand for 100% stainless steel make gem clips globally. it actually helps to organize important papers with a smooth stylish look. There is also a market for decorative gem clips.
The Gem clip is often held up as a paragon of modern design. It is simple, elegant, and surpassingly functional. Yet leaving the iconic shape aside, a paper clip designer must consider a host of mechanical and engineering questions.
The material used to make a paper clip must possess certain properties. The wire needs to be stiff enough to hold its shape in
8 Steps to Start Gems Clip Manufacturing Process
1. Gem Clip Manufacturing Business Registration & License
First, you will need to register your business. In the gem clip-making business, you can register your business as a sole proprietorship, partnership, or private limited company. You will need to obtain Trade License from the local authority. Apply for Pan Card. Open a current Bank Account.
You can register your business as SSI Unit. Apply for GST Registration.
2. Raw Materials For Gem Clip Manufacturing
The only main raw material is Galvanized Stainless Steel wire. According to the desired gem clip quality, you will need to choose the gauge of the wire. If you want to make a decorative gem clip, you will need to purchase several different decorative heads that you will be using in decorative gem clip making.
However, manufacturing colorful gem clips will require colorful rubber tubes from the local wholesale market.
3. Gem Clip Manufacturing Machine
Several automatic gem clip manufacturing machines are available in the market. According to the desired quality and production output, you will need to select the right machinery for your project.
Normally you will get 100 – 110 pieces of gem clip out of these machines. By only changing the die set you can make different size gem clips such as 24 mm to 35 mm.
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4. Gem Clip Manufacturing Process
With an automatic machine gem clip-making process is very simple. You will need to hang the wire on the stand of the machine. Then put one end of the wire in the bobbin of the machine. Now start the machine. The gem clips will be produced automatically when you start the machine.
Nowadays, the demand for decorative gem clips is increasing. In addition, extra-large gems clips have a good market. It is advisable to do some market study before you initiate the business.
5. Cost of Starting Gem Clip Manufacturing Business
The major costs of launching a gem clip manufacturing company are machines, factory rent, and license fees. A single-phase semi-automatic gem clip manufacturing machine will cost a minimum of Rs. 50,000. On average, one can start a gem clip manufacturing business by investing Rs 3 Lacs to Rs. 5 Lacs.
6. Arrange Funds
If you are short in budget, reach out to banks and financial institutions for business loans. You can also install personal loan apps to get instant cash.
Furthermore, do not forget to apply for a credit card. Because, for short-term money needs, a credit card is a handy tool.
7. Gem Clip Manufacturing Quality Control
Quality control is not a particularly important issue in gem clip-making. Visual inspection of the product is enough to identify a problem with the process. No special tests are needed. The manufacturing equipment must be maintained in order to work properly.
8. Go Online
It is essential to create an online shop to promote your business online nowadays. It not only fetches extra customers but also creates confidence among customers about the legitimacy of your gem clip company
Editorial Staff at NextWhatBusiness is a team of Business Consultants having years of experience in small and medium scale businesses.