Feather Shuttlecock Manufacturing Business Cost, Profit, Business Plan, Requirements | SkillsAndTech
Badminton is a sport which is loved and played by everyone irrespective of their age and gender. Be it children, men, or women, everyone enjoys playing Badminton. Intending to invest in a business idea can be a critical decision sometimes. But, if you analyze and study the business idea carefully, then you can confidently invest in the idea. The feather shuttlecock manufacturing business is one such business idea.
With the deadly outbreak of the COVID-19 pandemic, the world experienced the worst circumstances, and we all even got locked up in our homes. The only escapism that made us cheerful and kept us entertained was playing games and spending time with our loved ones.
With changing times and the improved situation of the COVID-19 pandemic, people are now stepping out and putting a break to all their stress. Playing a sport like badminton not only reduces our stress, but it also fills us with great energy and immense joy. Hence, it can be clearly stated that choosing to set up a Feather shuttlecock manufacturing business can be a great decision.
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The Idea behind Choosing the Feather Shuttlecock Manufacturing Business
Opting to start the feather shuttlecock manufacturing business is a good idea for all the budding entrepreneurs and small-scale businessmen as it is a business that can be established easily and with a moderate investment.
Moreover, the feather shuttlecock manufacturing business can be started from your home only. But, to start this business at your home, you need to have sufficient space.
To set up any business successfully, you must understand and know the business well along with its all aspects. Hence, to guide you through this business idea, here is a detailed guide on the feather shuttlecock manufacturing business.
Let us begin now….
A Detailed Guide
Starting the Feather shuttlecock manufacturing businesses not exceedingly difficult and can be established easily. This business can be initially set up as a home-based manufacturing business with an average investment. A feather shuttlecock is an essential product used for playing Badminton and is used worldwide. The feather shuttlecocks are also procured by several sports academies, educational institutions, stationery shops, gaming complexes, etc., and therefore the Feather shuttlecock manufacturing business has a great profit margin.
Importance of a Feather Shuttlecock
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Badminton is a sport that has fans and lovers across the globe. It is a sport that is just not only played for fun but is also played at the national level. Intending to represent their countries, individuals crave to learn, practice and become strong in Badminton.
But, all of this is vain without a feather shuttlecock. Though the sport badminton is a great game played globally, it has no worth and meaning without a feather shuttlecock. A feather shuttlecock is the most important item that is required to play Badminton.
Benefits of Playing Badminton
As we have understood a little about the sport Badminton and its supporting element, the feather shuttlecock, let us now examine a few benefits of playing Badminton.
Listed below are the benefits:-
1- Builds up the Muscle Strength– Playing Badminton lifts the muscle strength making the body fit and strong.
2- Stimulates the Heart Functioning– The continuous movement of the complete body boosts up the functioning of the heart, improving the flow of blood in our body.
3- Reduces Stress– The vigorous game of Badminton releases happy hormones in our brain and gives us the energy to fight with all the negativity and stress. Badminton also reduces stress by releasing dopamine (the feel-good hormone) in our body.
In-depth Analysis of Feather Shuttlecock Manufacturing Business
The reason that feather shuttlecock delivers immense profit is the never-fading demand for playing Badminton. The rapidly changing lifestyle of people is making them health conscious. Therefore playing sports has been given importance so as to achieve a healthy lifestyle. This is the major reason behind the growing demand for the feather shuttlecock in the market.
The soaring need for feather shuttlecock in the market is the biggest reason to invest in and establish the feather shuttlecock manufacturing business. It is a business that guarantees success in today’s market, and hence opting for the feather shuttlecock manufacturing business can be a lucrative career choice.
Business Plan
A business plan is a well-structured plan made by covering all the essential details about a business idea.
- This plan consists of the business goal, the strategy and methods used, and the time duration to attain the goal.
- Intending to set up the feather shuttlecock manufacturing business, you must have a business plan.
- Your business should be constructed in a way that it can gain the attention of the financers and the sponsors to help you with the loan proceedings.
Market Potential of Feather Shuttlecock Manufacturing Business
For assuring the success of the Feather shuttlecock manufacturing business, you need to study its market potential well.
- Due to the short life of the feather shuttlecock, its demand is high in the market. Moreover, it requires changing the feather shuttlecock twice in a badminton match of 2 sets.
- In fact, people who are good at playing Badminton require nearly 5-7 feather shuttlecocks in a game of 4 sets.
- Additionally, because of the benefits of playing Badminton, the sport is also seen as a great activity to stay fit and also lose weight.
- This is the reason behind the increasing growth of the feather shuttlecock.
Investment for this Business
- The shuttlecock making business demands for nominal finance or investment. But, the investment also depends on the different aspects of starting the business. Before setting up a business, it is recommended to have a business plan as it will help you in setting up the business well.
- Substantially, you can set up the machinery and plant with ₹100,000. In addition to this, establishing the feather shuttlecock manufacturing business with a budget of ₹100,000 is only possible if you start this business from your home.
- Additionally, you will have to arrange the funds either from your savings or from your circle. This fund can be used to purchase raw materials, machinery, and equipment.
- Besides, a certain amount will be invested for the license and registration process also.
- With an investment of ₹5 lakh, the feather shuttlecock manufacturing business can be initiated.
Additional Information
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In case you are short of funds and savings for your business, then you can apply for a loan from any bank or financial institution. You can also avail of a loan from NABARD by paying their banking interest.
Raw Materials used in Feather Shuttlecock Manufacturing Business
The raw materials required to manufacture feather shuttlecock is quite basic, and the materials can be easily procured. Mentioned below are the raw materials:-
A good quality duck feather- You are required to be careful while procuring the feathers from the poultry farmers. Since, the quality of the feathers determines the quality of the feather shuttlecock, it is advisable to use a high-quality duck feather.
Purchase a good quality cork- To ensure the great sale of your product; you must buy a good quality cork. You can purchase either the pre-bored corks or normal corks.
Secure a Location for your Business
- For establishing this form of business, acquiring the space of 200 Sq. Ft is sufficient.
- Therefore, this business can be easily established in your home.
- By securing the location for this business in your house, you would be able to save a lot of money.
Licenses and Registrations
To establish a business, attaining certain registrations and licenses is a compulsion. Different kinds of business demand different licenses and registrations.
Shampoo is a cosmetic product, and to establish a shampoo manufacturing business, obtaining specific licenses is a must.
Registration of Firm:
You may start the small to medium Business either a Proprietorship or Partnership Firm.
If you are starting this Business as One Person Company, then you have to register your firm as a proprietorship.
For Partnership operation, you have to register as a limited liability partnership (LLP) or Pvt. Ltd. Company with
Registrar of Companies (ROC).
GST Registration:
it is mandatory to get the GST number to run the business; you need to apply for the GST registration.
Trade License:
obtain trade license from local authorities
MSME/SSI Registration:
this MSME/SSI Registration will help you to get schemes and facility for the business offers by the state government
BIS certification:
BIS has mentioned the specific quality standard for Business. ISI specification for the
Trade Mark:
you can secure your brand with trademark registration
IEC code:
IEC code is essential for the export of the product
Employees
state insurance which is an insurance scheme for workers.
ESI Registration:
Employees provident fund is compulsory for the business where more than 20 employees are working.
To comply with the above processes and registration, one might need any legal expert who would help in absolute legal compliance to meet industrial standards.
Machinery and Equipment
To set up the feather shuttlecock manufacturing business successfully, you need to have the following:-
- Feather cutting machine
- Cork boring machine
- Weighing machine
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Feather Shuttlecock Manufacturing Business
- Once you have collected all the required raw materials for the feather shuttlecock manufacturing business, you need to pick out the excellent quality feathers and wash them with water and detergent for an hour (60 minutes).
- Now, treat the washed feathers with washing blue.
- Dry out the washed feathers properly and, with the help of the scissors, cut them all into 3 sizes.
- Round of the feather and shorten its top.
- Take the cork bottom now and make 16 bores of the surface of the cork.
- Insert the feathers into the bore and fix them all with glue.
- Using a cotton thread, tie all the feathers by making a knot around the cork.
- Tie a silk ribbon at the base of the feather shuttlecock.
- At the end of the manufacturing process, you must measure the manufactured feather shuttlecocks.
- Now, put a sticker of your brand around the corner of the feather shuttlecock.
- Pack the shuttlecocks in a cylindrical box and cover it with a metal lid.
- Pack each box with ten feather shuttlecocks. Now, these shuttlecocks can be easily sold in the market.
Where to Sell the Feather shuttlecocks?
You can sell your feather shuttlecocks in your nearby market and also to wholesalers and retailers. In the beginning phase of your manufacturing business, you can sell your product in bulk by offering great discounts. It will help your product in marking a good position in your target market.
Conclusion
Feather shuttlecock manufacturing business is a business that ensures a great profit and can be established easily with an average investment. Choosing to do a business is a decision filled with a lot of questions and this blog revolves around covering and answering all the questions. To attain success in any business it is extremely important to study all of its aspects in detail. Due to the great demand of feather shuttlecocks in the present market, it is a good decision to set up this business.
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