Business ideas - production: 3 profitable options
Business ideas - production: 7 indicators taken into account when choosing + possible directions depending on the scale and type of activity + essential goods + 3 options for activities.
In Russia, only real daredevils are still aiming to launch production. Although experienced entrepreneurs argue that now is the right time for this. In addition, there are a lot of directions, the implementation of which does not require large investments.
Therefore, in the material we will consider the business ideas of production. Since the volume of one article does not allow for a detailed analysis of each idea, we will briefly go through the most popular options.
How to decide on a business idea for organizing production?
Each person, having a certain amount of capital and an entrepreneurial streak, dreams of starting a business that would bring him a good and stable income.
Over the past few years, the number of people employed in production in a particular industry has increased by almost 7%. The number of individuals whose business has already been operating on the market for more than 3 years has increased by 5.3%.
This indicator is considered to be a record for the entire research period (since 2021). Of these, entrepreneurs are achieving successful results who choose relevant business ideas (production of products, for example, which is always in demand). Also, an obligatory component of triumph is the ability to sell, since the income of the enterprise will depend on the number of sales.
Which of the many options to choose?
To decide on a particular idea for launching production, you should pay attention to:
- market saturation, which is calculated for each product separately, the level of demand;
- competitive environment;
- population density in the city of starting a business;
- regional characteristics of the market;
- needs potential buyers;
- available and required production factors;
- payback period, etc.
The price mechanism is also important to consider, because the cost of producing any of the products should pay off and generate income.
Most popular business - factors that determine the demand for business + 9 ideas.
Let's be honest - almost any person does not want to work "for an uncle" all his life, and then one fine moment comes the understanding that it is time to start his own business.
But even in periods of economic prosperity, no one wants to engage in the discovery of a deliberately failed idea.
What then can we say about times of crisis, when the slightest mistake can lead to losses.
Therefore, any entrepreneurial activity should begin with the search and selection of an idea.
And if you are reading this article, you probably want to know what the most popular business is.
Let's try to answer your question.
How is business demand determined?
It is impossible to say which business is in demand and which is not.
Remember this expression: “There is a buyer for every product”?
The business of producing goods is a rather complicated phenomenon. It is difficult to organize, it requires a large number of permits and capital investments, it does not bring profit immediately and can pay off for years.
If after such words you decide to close this section and go in search of business ideas easier, stop and think about this: no one would "get involved" with production if it was not profitable.
Art director of the LeDiLe jewelry charm company
Manufacturing in Russia is a double-edged sword. On the one hand, production in our country is much more profitable than abroad, especially in times of crisis. Costs for customs duties and risks of non-delivery of products on time are excluded. On the other hand, own production is associated with many difficulties.
First of all, organizing production is a costly business. Even if we are talking about a small family business, and not a giant factory. Therefore, if you have little savings, the idea of production should be discarded immediately. You will have to spend money not only on the equipment for production itself, but also on the rental of premises for storing products, rental of premises for work and its arrangement in accordance with all safety regulations and standards. By the way, certain difficulties may arise with the approval of the latter. For example, there is still a lack of a number of norms required to build technologies according to international standards.
In addition, not all materials are cheaper to manufacture in Russia, many simply do not have Russian counterparts, as a result of which the cost of production also largely depends on the exchange rate.
The second difficulty is the legal registration of the business. It is not enough just to register an individual entrepreneur or LLC to start producing products. Get ready for the fact that your production facility will at least be checked by the SES and the fire inspection. And if it does not meet all the necessary standards, you will not be given a hygienic certificate, which means that you will not be able to work legally. In addition, you will have to confirm that your products are manufactured in accordance with industry standards and meet GOST standards. You will also have to prepare a technological instruction.
Certain areas of production may require their own special documents. For example, if you intend to produce alcoholic beverages, you will have to issue a special license, which is illegal to work without.
It is also worth noting that production can be unprofitable in the first months of its existence, when you will not only pay workers, purchase raw materials, pay rent for premises and utilities, but also pay loans for equipment, etc.
The business of manufacturing any product has a lot of fixed costs, and unlike the service sector, it is necessary to constantly load production with work, otherwise it will not be able to exist.
Cinder blocks. This production idea is good for those who live in the private sector. After all, all tools can be stored in the yard or garage. What do you need? Concrete mixer, vibrating machine, construction wheelbarrow and shovel.
The cost of equipment will be about 55-100 thousand rubles, depending on the quality of the tools. A day, producing several hundred units of products, you can earn good money (about $ 100-200).
Polyfoam. The size of the required premises is about 150 square meters, the purchase of the necessary equipment will cost 1.5 million rubles. As for the revenue, you can count on an annual profit of about 1 million 500 thousand rubles.
Breeding laying hens
Very cost effective and profitable production. For large-scale production of at least seven thousand chickens per year, investments of 400-500 thousand rubles are required, and the business itself will pay off in 8-12 months.
The largest costs are for the purchase of cells and an incubator. For a very small production for several dozen chickens, you will need about ten thousand rubles.
This is a great and uncomplicated business for a budding entrepreneur. Chickens are unpretentious in care and rarely get sick.
Casts and sculptures
Casts of children's hands and feet, compositions of lovers' hands, small sculptures-gifts are very popular now. Their production can take from half an hour to several days, depending on the complexity, and the net profit of one unit of goods starts from 500 rubles.
If you use the shapes for the most popular sculptures, the profitability of your business increases several times.
Nowadays, a person who has asked himself the question of opening his own production has not just to find an idea for its further implementation.
To implement the plan, it is necessary to analyze market supply and demand, assess competitive forces, calculate capital investments, risks, development prospects and profits.
Manufacturing is always profitable
Against the background of falling incomes of large and small firms, whose activities are related to stock markets and trade, the attractiveness of production is growing.
It is clearly becoming more profitable to do it than buy and sell in any form.
Small and medium-sized businesses are becoming especially attractive, the opening of which does not require heavy investments, but promises a good profit.
The stereotype “it is impossible to start a successful business without start-up capital” continues to dominate many aspiring entrepreneurs.
In fact, given good prospects and competent management, opening your own production is not an easy, but a real goal.
Everyone is able to achieve success by opening their own production and implementing their favorite business idea.
If only 100% sure that:
- He will produce the selected product with absolute knowledge of the matter and with great pleasure.
- The new manufacturer will be able to offer consumers a product not in a single name, but in the form of an assortment line.
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