Hello guys, I want to put my step in business world and for that I am consider for the stationery business supply. But before commencement I want to know that how much I can earn from this business in starting and after 2 years.
Also if you have better idea for me so, please let me know. I want to earn much profit from the any business and just I am supposing for the stationery business.
Thanks!
Yes, who doesn't use stationery? Simply identify your publics, these are your target market. Afterwhich, know what type of stationery you would want to sell to them and once you have identified the demand curve go ahead and do business. Just remember to buy from a supplier who isn't selling too high so that it makes your profit margin small.
The stationery business offers moderate profit margins, but the high demand balances it out. You would be able to give products probably with a margin of 25per cent to 35per cent to the end retailers. Your margin would basically be an average of 5per cent.