Small Business Idea: Many women aspire to share in household expenses like their husbands, but they often struggle to find a way. This can leave them frustrated. However, if you find the right path, you too can become a source of income for your family and meet their needs. This requires the right idea and the right technology. We're providing you with accurate information.
With this approach, you can not only increase your income but also fulfill the needs of a better life. One such business is a cosmetic shop. We spoke with Manisha Borikar, who has been running a cosmetic product shop for almost two and a half years, to learn more about this business. Let's find out...
Cosmetic Shops Help
The products available in cosmetic shops are in high demand, so people keep coming back to buy them. While there are initial costs, time and income gradually increase. If there are children or women in the house, they can also access the products at a lower price, which also leads to savings. At the same time, you can use good products at home. They also sell well.
You can open a shop in these locations.
To open a cosmetic shop, you should consider the location. Consider the number of shops nearby and the location where customers can see them. Manisha explains that she noticed that there were many grocery stores near her home, but not many shops selling cosmetic products. This led her to open a cosmetic shop. Initially, there are challenges until the market is established; the rest depends on your behavior and customer satisfaction. Initially, she worried about whether she would sell, but that worry eventually subsided.
What is the cost?
Cosmetic products are quite expensive, so opening a shop involves considerable expenses. This includes everything from the shop's interior to the products. This can be quite costly. Manisha explains that she spent ₹4 lakh (400,000). However, if you want to open a small business, your costs can be lower. Starting this business can cost you as little as ₹50,000.
Some Problems with the Online Market
Manisha explains that over the past few years, online marketing has increased the problems faced by cosmetic retailers. People can buy quality products from home, but this creates problems for the shopkeepers. However, this business is doing well in smaller towns.
Disclaimer: This content has been sourced and edited from News18 Hindi. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.
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