As the Indian population is becoming more health conscious day-by-day, the demand for fruits has increased in the market. Due to this, starting a fruit business is a great idea. Although it requires minimal investment, it can help a businessman generate huge income.The best part about fruit business is that it is in demand in rural as well as urban areas.
If you’re planning to set up a fruit business in India, this blog article will serve as a guide for the same.
Enriched in nutrients and minerals, fruits are an essential part of the Indian diet. If your fruit shop is easily discoverable in a market, you are more likely to attract customers, as opposed to a fruit shop set up in a remote area. The location of your fruit shop is a major factor in deciding how much profit you’ll ultimately generate.
To start a fruit business, obtaining a license and registration is mandatory by the government.
Business Registration should be set up under an artificial legal entity like a company or Limited Partner Liability (LLP).
Next step is Trademark Registration, which would help the businessman from getting his business’ name and logo copied. To apply for Trademark Registration, one has to go to the Trademark Department.
As per the norms, every food business requires a license from the Food Safety and Standard Authority (FSSAI). If this license is rejected, the business shall not be considered legal.
GST Registration: Upon the completion of GST registration, the business is required to carry out a taxable supply of goods & services whose turnover exceeds the threshold limit to require GST registration and obtain a GST number.
Business License: The applicant must obtain a no-objection certificate for their business from the local department in their area.
Once all the paperwork is done and licenses are obtained to start your fruit business, the rest is pretty easy. Just make sure the fruits are good quality and fairly priced, and you’re polite to the customers. This will ensure your business thrives.
Hey there, I'm Dushyant Sharma. With the extensive knowledge I've gained in past 8 years, I have been creating content on various subjects such as banking, insurance, telecom, and all the important registration and licensing processes for various companies. I'm here to help everyone with my expertise in these areas through my articles.