New Business Idea: Due to rising inflation every day, it has become very difficult to run the expenses with the money of the job. In such a situation, if you are also troubled by the job and are planning to start a business of your own, then today's news can prove beneficial for you.

Today we are going to tell you those business ideas in which the government itself (Mudra Scheme) will also help you. We are talking about the bakery business which is in great demand these days. If you start this business by doing a professional course, then you can earn even better. Let us know today how much it will cost to start this business and how much can be earned.

You can do a professional course for this business.

To do bakery business, you must have a professional degree (Profession Degree for Bakery Business). In the bakery, you should know everything from its looks to temperature, only then you can do this business. You can do this course at any college.

You will have to prepare a business plan.

Apart from this, you will have to make a business plan before starting this business. You will have to decide which products you will sell. Like, what kind of products like cake, pastry, bread, dry cake, etc. Apart from this, you will run the bakery online or offline.

Revision in dearness allowance of central employees, DA will be 58 percent, salary increased by 18 percent.

The government will also help in this business.

If you want to open a bakery industry, then the government will also help you with this. To start a business under the Mudra Scheme, you will have to invest only Rs 1 lakh. Up to 80 percent of the total expenditure will be provided by the government. For this, the government itself has prepared the project report. According to the structure of the business done by the government, after deducting all the expenses, you can earn a profit of more than Rs 30 thousand every month.

This much will be the expense

Total cost of setting up the project: Rs 5.36 lakh - In this, you will have to invest only Rs 1 lakh from your own pocket. If you are selected under the Mudra scheme, then you will get a term loan of Rs 2.87 lakh and a working capital loan of Rs 1.49 lakh from the bank. Under the project, you should have your own space of up to 500 square feet. If not, then you will have to take it on rent and show it with the project file.

This much will be the profit

According to the project report prepared by the government, the total annual production and its sale has been estimated in this way for Rs 5.36 lakh.

Rs 4.26 lakh: Cost of production for the whole year

Rs 20.38 lakh: So much product will be produced in the whole year that on selling it, Rs 20.38 lakh will be earned. Let us tell you that the selling price of bakery products in this has been decided by reducing it a little on the basis of the rate of other items available in the market.

6.12 lakh rupees: Gross operating profit

70 thousand: Administration and sales expenses

60 thousand: Interest on bank loan

60 thousand: Other expenses

Net profit: 4.2 lakh rupees annually

For this, you can apply in any bank under the Prime Minister's Mudra Scheme. For this, you will have to fill a form, in which you will have to give these details...name, address, business address, education, current income and how much loan is required. There is no need to pay any kind of processing fee or guarantee fee in this. The loan amount can be returned in 5 years

Disclaimer: This content has been sourced and edited from Hr Breaking. 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.