July 3, 2017

Sreekanth B

Basket Weaving Home Based Business Ideas For Housewives

Basket Weaving Home Based Business Ideas For Housewives And Moms:

To start profitable basket-weaving business one requires thoughtful planning and a high level of creative mind having flair for design. Using a wide range of raw material an entrepreneur can initiate customized basket-weaving business from home location with moderate capital investment.

First Plan for Basket-Weaving Business

One should craft a detail business plan before initiating the basket-weaving business. Determine the products. Who will be you target niche and how best to approach them. Learn about your competitors and how you will create a competitive edge. Where from you will be sourcing raw material. What will be your marketing and selling strategy? You will be selling from your own retail location or from other’s stores or from online etc. Calculate your startup cost. Business plan will help you to attract investors as well as to check the feasibility part of the business.

Products of Basket-Weaving Business

You will need to be little bit creative in selecting the products. Basket-weaving business includes a variety of products like bath and body gift basket, personal care gift basket, food basket, baby product gift basket and customized corporate gift basket.

Skills for Basket-Weaving Business

In starting basket-weaving business you will need to have creating design ability. You need to learn how to create an attractive gift basket with which component. To learn this, you can have online tutorial or attend workshop focusing on basket-weaving design and production. For More Details Reed : Basketweaving

Compliance's for Basket-Weaving Business

In starting basket-weaving business you will need to register your business. In India, you will need to have Trade License from local authority. You can obtain SSI Unit registration. This is not mandatory but it will help you in getting Government grant in promoting the products. You need to obtain Sales Tax registration. It is advisable to apply for Trade Mark Registration for your business name and logo. In establishing retail store in India, you will need to obtain permission as per ‘Shops and Establishment Act’.

Business Location for Basket-Weaving Business

While you are initiating this business from home location, you need not to be worried about work-space. Apart from this you will need to consider about business location where from you will be selling your products or will be interacting with your potential clients. You can consider the idea of establishing a retail store. Also you can setup a small kiosk inside of a shopping mall or retail center. Your business location should be in a place where from you can attract both residential and commercial traffic.

Equipment for Basket-Weaving Business

According to your products you will need to gather equipment and raw material. For weaving baskets you will need to have supplies such as needles, yarn, ribbon, scissors, glue gun, glue and other items you need.

Manpower for Basket-Weaving Business

According to your plan hire manpower. In hiring manpower both for production and sales consider skills, expertise and experience. The most important is the getting right person for creating theme and design for your basket-weaving business.

For More Business Details training Financial assistance / Loans from banks Contact your near by MSME Center Free of provided by government of India: Micro, Small and Medium Enterprises (MSME).

Reed More : How To Promote Your Basket Weaving Business From Home

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