The chocolate industry in India is valued more than 3,000 crore with an anual production of around 70,000 tons. The market scope for this business is corporate and retail market.
Investing in visakhapatnam is considered the best decision taken by any entrepreneur. Visakhapatnam is a business hub for several corporate & industrial houses & of course favourite location to settle down.
So if you are investing in Visakhapatnam then entering into Chocolate business is considered a good option.Presently, Visakhapatnam does not have a dedicated Choclate retail chain or store that can deliver customized choclates for corporate gifting & for other occasions.
Tips for starting a chocolate business in Visakhapatnam:
1. You have to do research on the market and some ground work has to be done before starting. Select a good place for setting up the machinery, equipment & showroom for the chocolate business.
2. Complete all formalities required like licensing,shop acts,etc.
3. You have to decide the product mix that should accompany chocolates and give them a different look. You can sell Chocolate Accessories, Retail Candies, Gourmet Handmade Truffles, Chocolate coated Biscuits, Lollipops, Soft centered/ Crunchy Truffles, Belgain pralines, Sugar free Belgain, etc…
4. Raise funds to start a chocolate business in Visakhapatnam. You can have many investors to join you. Be careful while choosing your partners. If you are not interested in joining partners, then start with yourself.
5. You need to buy 8 moulds, ranges between "basic-Rs. 500 and big moulds- Rs. 30,000." A chocolate making machine, which ranges from Rs. 10,000 to Rs. 1.5 lakh.
6. Hire for chocolate makers and also see that they will have some extra skills of chocolate making.
8. Now the day has come for inauguration of your company. Make a big bang in the city by inviting press, family, and workers. Invite a star hotel owner for the inauguration.
Shriyans Management Consultants P Ltd has been providing consultation and business plans for entrepreneur who are investing in visakhapatnam. They can be contacted for any kind of consultation required for this type of business.
Investing in visakhapatnam is considered the best decision taken by any entrepreneur. Visakhapatnam is a business hub for several corporate & industrial houses & of course favourite location to settle down.
So if you are investing in Visakhapatnam then entering into Chocolate business is considered a good option.Presently, Visakhapatnam does not have a dedicated Choclate retail chain or store that can deliver customized choclates for corporate gifting & for other occasions.
Tips for starting a chocolate business in Visakhapatnam:
1. You have to do research on the market and some ground work has to be done before starting. Select a good place for setting up the machinery, equipment & showroom for the chocolate business.
2. Complete all formalities required like licensing,shop acts,etc.
3. You have to decide the product mix that should accompany chocolates and give them a different look. You can sell Chocolate Accessories, Retail Candies, Gourmet Handmade Truffles, Chocolate coated Biscuits, Lollipops, Soft centered/ Crunchy Truffles, Belgain pralines, Sugar free Belgain, etc…
4. Raise funds to start a chocolate business in Visakhapatnam. You can have many investors to join you. Be careful while choosing your partners. If you are not interested in joining partners, then start with yourself.
5. You need to buy 8 moulds, ranges between "basic-Rs. 500 and big moulds- Rs. 30,000." A chocolate making machine, which ranges from Rs. 10,000 to Rs. 1.5 lakh.
6. Hire for chocolate makers and also see that they will have some extra skills of chocolate making.
7. Market your new company with local ads. Make an online presence of your company and start interacting with hotel owners.
8. Now the day has come for inauguration of your company. Make a big bang in the city by inviting press, family, and workers. Invite a star hotel owner for the inauguration.
Shriyans Management Consultants P Ltd has been providing consultation and business plans for entrepreneur who are investing in visakhapatnam. They can be contacted for any kind of consultation required for this type of business.
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