As Festive Season Approaches, Try Lighting And Decoration Business To Earn Rs 1 Lakh Every Month – News18

The season of festivals and weddings is starting next month. Along with this, the market will also see new opportunities and businesses flourish. If you are one of those who is looking to start a new business, then you can take advantage of this opportunity and start working on the lighting and decoration business vertical.

Be it wedding, party, or festival decoration, this business is always in great demand. As the Navratri season approaches, there will be a greater demand for the decoration of pandals at various places across the country. So, due to huge demand, even the asking price is available. This business is such that it does not require repeated investments. By investing money once, one can earn from it on a regular basis.

This is a business that requires a lot of creativity. Depending on the knowledge and art, one can earn a lot of money through this. If one does this business passionately, then their booking will not go vacant even for a day.

Although you can start the decoration business with an investment of just Rs 10,000, it would be better if you did market research, kept the products in demand and started a decent business by investing around Rs 50,000. The products purchased here do not spoil quickly and one can use them for years.

If we talk about profit, there is a straight margin of 40-45 per cent in this business. Decoration work is also usually done for one night but one can easily get orders up to Rs 10,000. Even if half of this amount goes towards your costs and the salaries of the people hired, one can easily make a profit of up to Rs 1 lakh every month.

But before starting the decoration business, it is very important to research the market. It is also important for one to know what kind of decorations and products are in demand in the market right now and to buy similar supplies.