starting a small scale cooking oil business

   
starting a small scale cooking oil business
                                               
                                               
                                               
                                               
  • starting a small scale cooking oil business
  • Can you start a small scale cooking oil business?
  • Starting a small scale cooking oil business can be a great opportunity for entrepreneurs who want to enter the edible oil industry. With the right edible oil mill business plan and execution, you can successfully start and invest a profitable cooking oil business.
  • How to start a cooking oil business?
  • You should start your cooking oil business on a small scale so that you require less capital. After gaining experience in the industry, you can gradually increase your scale of operations by ploughing back your profits. You need around Rs. 5 lacs to start on a small scale and open a small oil mill.
  • How much money do you need to start a cooking oil mill?
  • You need around Rs. 5 lacs to start on a small scale and open a small oil mill. With this money, you have to buy the necessary machines, raw materials, power connection, 20 HorsePower motor, etc. You can either go for a cooking oil wholesale business or a cooking oil retail business, depending upon your interest.
  • How to start a cooking oil business without an oil mill?
  • If you do not want to set up an oil mill, you can also opt for a cooking oil agency business. Taking a well-known brand franchise is also a promising idea to earn substantial profits without much risk and investment. The edible oil business gives a return of 5 to 10% in the beginning.