Ink manufacturing and supplier business.

Discussion in 'Business Ideas' started by prashantakerkar, May 16, 2019.

  1. prashantakerkar

    prashantakerkar
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    What could be the budget required to open a ink manufacturing factory / facility?

    Will you classify this business as a Small medium enterprise (SME) ?

    Thanks & Regards,
    Prashant S Akerkar
     
  2. prashantakerkar

    prashantakerkar
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    Factory/ Facility space, Raw materials, Manpower, Machine tools etc?

    Thanks & Regards,
    Prashant S Akerkar
     
  3. prashantakerkar

    prashantakerkar
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    Initial capital required for this Business?

    Thanks & Regards,
    Prashant S Akerkar
     
  4. fisicx

    fisicx
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    Is this something you intend to do? Do you have experience of running a manufacturing business of this type? Do you plan to self fund or take out a loan? Where will the factory be located?

    The costs in Europe will be totally different to those in India.
     
  5. VITS USA

    VITS USA
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    Do you have previous experience of business? Both videos will more helpful to you to understand how to open ink manufacturing factory and its basics -



     
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  6. prashantakerkar

    prashantakerkar
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    Thanks for the YouTube videos.

    Thanks & Regards,
    Prashant S Akerkar
     
  7. fisicx

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    Why? They don't answer the questions you posed. Not did you answer my questions.

    The first and most important of which would be: where you you plan to build the factory?
     
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  8. prashantakerkar

    prashantakerkar
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    Thanks.

    1
    Initially I thought it would be a small budget for ink manufacturing but looks like lot of initial capital requirements?

    The factory facility land space leasing, Machines, Raw materials, Manpower be etc will be a huge amount to be funded by Bank or Financial service provider on a loan basis?

    2
    Honestly,Do you feel this business can generate good profits by selling ink products locally and internationally?

    For any Business there are your competitors. Isn't it?

    Thanks & Regards,
    Prashant S Akerkar
     
  9. fisicx

    fisicx
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    Where do you plan to build the factory?
     
  10. prashantakerkar

    prashantakerkar
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    Thanks.

    Interestingly,lets take these two products.

    1 Fountain Pen - This product requires ink product for us to write on paper.

    2 Inkjet printer - This product requires ink product for us to print on paper.

    Now both the above products require
    Ink product.

    The fountain pen ink manufacturing process will be different from Inkjet printer ink manufacturing process?
    According to me yes, because they are two different products.

    The manufacturing cost for producing fountain pen ink will be lesser than manufacturing cost for producing inkjet printer ink?
    According to me yes, because the cost of a Fountain Pen ink bottle is less than cost of a Inkjet ink cartridge.

    Do you agree?

    Thanks & Regards,
    Prashant S Akerkar
     
  11. Brian_Ott

    Brian_Ott
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    I think you need to take a class on how to formulate a business plan and do research on creating a business. Your logic is not supported by anything other than your own anecdotal evidence with no supporting facts other than one item costs more than the other as a basis for production costs.

    No offense is intended but entering into a commodity business with a traditional model like this as a small business is a fast way to lose all your money. With limited knowledge, no experience, and no economy of scale, you would be out of business and broke so fast that it would make your head spin.

    If you had an idea that would disrupt that particular commodity market it might be something else, but I don't think that is the case here.

    Also, do a google search for both types of ink, you'll see the market is pretty saturated.
     
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