Stationery Store: Opening a stationery store is a very profitable business not only in India but all over the world, because its demand is always there in the market. The highest demand for stationery is in schools, colleges and offices, which are never going to close. Meaning your business will always run and you will keep earning money. Just as the business of making copies is very simple, similarly it is good to open this business at home.
What things will be required to open a stationery shop ?
To open a stationery shop, you will need some land or room, where you can set up your shop. The most important thing about this business is that you can easily open it at home also. For this, if you choose a room outside your house, it will be very good for you. Or you can buy land and build a shop with the help of wood. However, when you are thinking of opening a stationery shop on a very small scale, then only prepare the shop with the help of wood.
If you want, you can take a room or shop on rent or you can open this shop in a mall, but the rent may be higher here. Therefore, decide which option you want to choose only after looking at your budget.
You need a minimum of 400 square meters for that, in which you will be able to easily manage all the items of the stationery shop. If you want, you can take more space according to the level of your business.
Selection of place according to market and business potential
Talking about choosing the location, it will be very beneficial for you to open a shop near an office, school, college or coaching center. Or it is beneficial to open a stationery shop in areas where a large number of students live.
set up furniture for stationery shop
It is very important to arrange furniture to open a stationery shop, hence there are two ways to do this, either get your furniture prepared by a carpenter. Or buy pre-made furniture from the market. If the furniture of your choice is not available, then prepare the design yourself and give it to the carpenter to make it. If you have less time then buy readymade furniture from the market, here also you will get many designs.
Which items can be sold ? ( Stationery Items List for Sale ) _ _
In stationery shops, only pens, books, notebooks, staplers, calculators, pencils and other items useful in studies are sold. But nowadays people keeping stationery shops have started keeping greeting cards, wedding cards and gift cards also . In simple words, you can also keep small things used by people in the stationery shop.
Where to buy stationery items ( Where to Buy Stationary Items )
The goods sold in stationery shops can be purchased both online and offline, but keep in mind that if you directly contact the company making pens, pencils, books or other stationery items, then you can avail a lot of benefits. Whereas if you want to order stationery items sold online, then you can contact the wholesaler by visiting http://www.delhistationerystore.com/stationery-products-suppliers-in-delhi.html. The biggest advantage of buying directly from the wholesaler is that you can easily get stationery items at very low prices.
Required Documents for Stationary Store _ _ _ _ _ _ _
For this, first of all you need PAN card and according to the new rules of the government, the shop owner will also need to have Aadhar card. Along with this, you should have complete bank related work like you should have a bank account.
If the land on which the shop is built is yours, then its documents should be complete. If you have taken the shop on rent, then it is necessary to have an agreement between you and the owner of the shop or land.
Requirement of license and registration
Shop and Establishment Act
- To open a stationery shop, you will have to register yourself under the 'Shop and Establishment Act' and follow the rules under this Act. In this, mainly you and your employees' working days, holidays and working time in a day are fixed, not only this, under this you will have to close your shop on religious and government holidays.
- You will have to keep the accounts of whatever business you have done from your shop safe with you. Not only this, whatever data you have spent on the maintenance of your shop or have invested some other money, it is necessary to keep all this data safe.
- In these rules, rules for salary and salary reduction have also been fixed. In these rules, along with all the rules related to the salary of the people working in the shop, the rules for firing them are also given. These rules are fixed for both women and men.
How to Apply Online for the Shop and Establishment Act
- To apply online, you will have to go to this link http://www.labour.delhigovt.nic.in/ser/FSE01_Registration.asp, fill some information and submit the form. Name, address, type of shop etc. have to be filled in these information.
- Apart from this, you will also have to fill the website of your shop, who you are appointing as manager and the name of one of your relatives. You have to fill 10 similar forms. In which all the information related to the shop and the rules of the Shop and Establishment Act given above is filled.
- When all the information filled by the shop owner is confirmed, then after 10 days the government will give you a license and with its help you will be able to run your business smoothly.
- If for some reason you face difficulty in applying for the license through the online process, then you can directly contact the municipality. The government has made a process to give you this license through the offline process also.
Benefits of opening a Stationery Shop
The profit made in a stationery shop depends on the product, not only this, the profit is received according to the brand, name and company of the product. If you sell branded products then you will get less profit compared to unbranded products. While you will be able to earn a maximum profit of 30-40 percent by selling a branded product, you can earn 2 to 4 times the profit by selling an unbranded product.
In doing this business in India, it is easy to earn profit up to 35 percent of the cost you invest. For example, in pen and pencil business you get 8 to 15 percent profit. Whereas if you sell unbranded diaries, notebooks, books then you can earn profit up to 55 percent which is on average 35 percent. To put it in simple language, you earn around Rs 35 thousand by investing Rs 1 lakh.
Cost to open a Stationery Store or Shop
To open a stationery shop in India, it is advisable to spend at least Rs 50,000, the rest depends on how big a business you want to open. The business of opening a stationery shop is a high profit earning business with less investment. You can also start on a large scale by investing above Rs 10 lakh.
Marketing
- To establish your stationery shop in the market, you have to find customers, first you have to promote that you have opened a stationery shop. For this you can take the help of posters, banners, TV and radio.
- Stationary items are most needed in offices, colleges and schools, so try to meet their owners yourself and try to convince them to buy items from your shop. If you are successful in doing this then you will be able to earn a lot of money from here.
How to manage stationery shop
- First of all, you have to make a sheet of how and how many hours you have to work every day in your shop. Which you can fill every day. Not only this, it would also be good to keep an account of how much business has been done in a day and which items have been sold in more or less quantity. By doing this you will know when there is going to be a shortage of stationery items and you will manage it in advance.
- It is very important to determine the price of whatever stationery product you sell. You will not be able to sell branded goods at its maximum price, but you can sell unbranded stationery products by increasing the price by 2 times or 3 times as per your requirement. Which will have a direct impact on the profits of your shop.
- In the next step you will have to prepare means of payment i.e. taking money from the customer. For this you can use netbanking and Paytm so that the customer does not face any problem in making payment.
- If you do not want to prepare the details of your shop yourself, then you can take the help of any computer software available in the market. Or you can get the software made as per your requirement from any company or software engineer.
- It is necessary to install CCTV cameras in your shop, so that you can easily keep an eye on the employees and thieves. If you have opened a stationery shop in your home, then there is no special need for CCTV cameras.
- Choose a separate room to store the goods purchased for your shop. Due to which there will be no shortage of space in your shop and your employees will not have to face any problem in working. Because of which your business work will speed up.
At present, a lot of emphasis is being laid on education in India and in the coming times too, an increase in the educational level will be seen. It is clear from this that you will always earn profit from this business and its demand also remains in the market. On top of that, the profit in stationery business is also quite good. Running a stationery business or shop is beneficial in all ways. Apart from this, you can also open a stationery shop with minimum cost and earn more profit in less time.
