Rubber Eraser Manufacturing/Making Business - Startup Business Idea
Rubber Eraser Manufacturing/Making Business. |
Rubber Eraser Manufacturing/Making Business.
Doing
business is always beneficial, through trading you can earn a lot of money and
can also provide employment to people. Before doing any business, it is very
important to have all the information related to that business so that you can
make your business successful. Today we are going to give you information about
the business of making eraser. So that you can do this business successfully
and become a successful businessman.
Eraser Uses or Future Market Potential
Erasing
rubber is used extensively by children and its demand is also high. This type
of rubber is also widely used in college students and many types of offices.
Raw Materials Details
The
primary thing which is most important in making an eraser is rubber and in this
trade, two types of rubber can be used. One of which is Natural Rubber and the
other is Synthetic Rubber. Petroleum products such as ethylene and styrene are
used to make synthetic rubber. At the same time, natural rubber is obtained
from latex originating from rubber tree.
Place and Price Details of Rubber and Where to Buy Rubber
Rubber
prices do not remain the same, they keep changing. So it is difficult to tell
their exact price. You can also buy rubber online or from any vendor in your
city.
Information on Other Ingredients and Neccessory Equipments
Organic Dyes:
Rubber
is coloured with the help of organic dyes. You must have seen many colours of
rubber in the shop and these erasers are coloured with the help of organic
dyes.
Zinc
oxide and titanium oxide are also a type of organic dyes, which are used for
colouring rubber. If you want to make white coloured rubber, you will need zinc
oxide and titanium oxide. At the same time, if you want to give red colour to
your rubber then you will need iron oxide.
Sulphur:
Sulphur
is also used for making erasers. The eraser is vulcanized with the help of sulphur.
The eraser is strengthened with the help of vulcanized, and heat and sulphur
are used to make the eraser stronger, making the eraser more durable and
resistant to heat.
Where to buy sulphur:
You can
buy sulphur from any chemical selling shop or you can order it online too. On
the other hand, if you buy it in large quantities, then you find it a little
cheaper price then regular price.
Vegetable Oil:
Vegetable
oil is also used to make erasers. Actually, the eraser is softened and shaped
using it. Many types of vegetable oils are available in the market.
Other Chemicals
To make
an eraser, you will also need substances like Abrasive, Litho-phone and
Factice. These chemicals are also used to make erasers.
Eraser Making Machine
Automatic
machines are used to make the eraser and these machines are easy to find. You
can also buy eraser making machine through online.
Eraser Making Machine Price
The
price of the machine depends on what kind of machine you are buying, meaning if
you carry a machine with more eraser capacity, then it will cost you up to 10
lakhs or may be approx. $15000 - $20000 in USD. At the same time, a low capacity
machine will make you a little cheaper.
The Manufacturing Process in Eraser
- Before making an eraser, you have to decide whether you want to make an eraser with natural rubber or you want to use synthetic rubber. There is no difference between these two types of rubber. Therefore, you can use any of these types of rubber.
- At the same time, after deciding which rubber you will use, you should buy that type of rubber. But when you take synthetic rubber, you get it like powder. At the same time, natural rubber is not available in powder form. Therefore, first of all you have to make natural rubber which comes in lumps like powder.
- You must first mix all the chemicals mentioned above in rubber powder. After mixing these ingredients well, you will have to melt these materials with the help of machine. This mixture will become slightly soft and solid after melting. After which you will have to shape this mixture into an eraser with the help of machine and your eraser will be ready.
Packaging
and Labeling
After
making the eraser, the next most important thing is to be packing them. Often
the eraser is packaged in two ways, one type of packing is covered with
polythene on the eraser and the other type of packing involves paper or
cardboard. Out of these two types of packing, you have to choose one type of
packing for your rubber.
Apart
from this, you will also need cardboard boxes to pack these erasers. You will
have to get these cardboard boxes made from the merchant who makes the boxes.
Apart from this, if you can, write your company name on these boxes. Because
doing so will also promote your company.
Place selection
To
establish this business of eraser, you will need at least 600 to 1000 square
feet of space. The size of the place depends on the level at which you are starting
this business. If you are starting this business from a machine, then you will
not have to take much bigger space.
Price Selection
Prices
of erasers found in the market start from less to high, which is depended on
quality. Therefore, you should also keep your eraser prices close to the prices
of erasers available in the market.
Rubber Uses |
If
possible, initially keep the price of your eraser below the prices of erasers
available in the market. Because by doing this, your eraser can get more sales.
Once your
business starts running well, you can increase the price of your eraser.
Can start more business with this.
Rubber
is such a thing that is used to make many kinds of things. So if you want,
after setting up your eraser business well, you can start other rubber related
business too. For example, you can also make those pencils which have rubber on
the back. Apart from this, you can also start trading of rubber stamps and rubber bands.
Business Registration and License Process
Even at
a small level, if you start your business, you are still required to register your business. You get the benefit of many types of government schemes by getting
your business enrolled. The second most important job after the company is
enrolled is to get a license for its business. There are many trades which
require a license and in the erasing rubber business, you also need a license.
You will get this license from the local authority of your state.
Promotion And Marketing
Many
companies currently work in making erasers in the market and these company's
erasers are sold well. In such a situation, you will have to promote to compete
with these companies. With the
help of promotion, your company will be promoted and people will get information
about the eraser of your company. Which will increase the sales of your eraser.
How to Promote
• Small Scale Marketing
You can
also promote your eraser from the small level. Under the small level, you can
give information about your eraser in the local news paper. Apart from this, if
you want, you can give some samples of your eraser to the children in the
schools of your city for free. So that children can get information about the
eraser of your company and children buy your eraser from the market.
• Large Scale Marketing
You may
have to spend a little more to promote a larger level. You can give your
company's ad on TV channels to promote in a big way. This method of publicity
costs a lot of money. Therefore, you should adopt this promotional method only
when your business is well established.
Selection of Employees
To do
the business of eraser you have to hire some employees. If you are starting the
eraser business from a small level, then you will need 5 to 10 people. At the
same time, this number will double in a big way. Try that you hire people who
have a little understanding of this business.
Training will have to be taken
Before
starting this business, you should take training of how the eraser is made and
only then start this business. At the same time, when you start this business,
you will have to get your employees trained to run the machine. So that they
can do their work properly without any problem.
Business Start Up Costs
If you
do eraser business at a small level, then you will need at least 2.5 lakh to 10
lakh rupees in Indian currency or $100000 in USD. At the same time, to start
the business of eraser on a large scale, you will need more than 12 lakh rupees
or more then $100000 in united states dollar.
Finance/Loan Available
If you
do not have the money to start the eraser business, you can also choose the
loan option. You can take a loan from private or any government banks. If you
take a loan from a private bank, then you get the loan quickly but the loan
interest rates of private banks are much higher. At the same time, it takes a
lot of time to get a loan from a government bank. But the loan interest rates
of public sector banks are much lower than those of private banks. So before taking
a loan, you should decide which bank you want to take a loan from.
Conclusion
You should
start the Rubber Eraser Manufacturing/Making business for making eraser only. When, you have a good understanding of
this business. You may face some difficulties in starting this business. But if
you work carefully then you can get a lot of success in this business. You can
add more related business like rubber band etc.
Note: - Please consult any professional before doing any business listed in this website. Every business have certain risks and hidden costs. Website is not responsible for any business listed on website and risks to the viewers. Such information is provided for information purpose only.