Query: I've been reading your posts all the while and have been real thankful for great insights. We are in the process of launching an Ayurvedic brand in India which will be sold online through our own platform initially and then going forwards offline as well. Could you please help in answering following questions - We are getting products from a third Party manufacturer. Is there any other license which we need for selling the product online? Our company is registered and has a GST Number. Please let know if there if any license or documentation required to retail/sell ayurvedic products in India only? Answer: No Sir, You won't require any other drug related license... Your Third Party manufacturer only need to have approval of that product and a valid ayurvedic manufacturing license Check in detail: How we can ayurvedic products online in India?
Ayurvedic marketing company is one of the most profitable businesses in current time. Increasing demand of ayurvedic and herbal products is creating new opportunities for existing Ayurvedic Companies as well as for new ayurvedic marketing set-ups.
Check out: How to start Ayurvedic Marketing Company?
In this article, we will cover investment required to start ayurvedic marketing company. Investment required for starting ayurvedic marketing company depend at many factors like number of products want to launch, cost of these products, minimum batch size etc. Investment required in marketing company is less as compare to manufacturing company because marketing company required less infrastructure and capital required.
There are three types of investments required to start Ayurvedic Marketing Company.
Fixed Capital Investment:
Fixed capital investment is investment required for fixed assets like office, furniture’s, office material etc. As we have discussed above investment is less in marketing company as compare to manufacturing company. No minimum space requires, no special licenses or registrations. You can start marketing company with only registering company and/or taking GST number.
If you have own land and building then fixed capital will be different than if you will start it in rented premises. If you want to purchase a land or building, land cost will vary depend at location and area of that particular land. If you have limited finance then you should start with rented premises.
Fixed Assets includes:
Working Capital investment:
Working Capital investment is required for liquid assets like salary, wages, paying bills, loan instalments, advertisement & promotion expenses etc. Working capital investment is required till a company/firm start to generate enough profit that is adequate for paying for all liquid assets.
Working capital investment depends at many factors like:
Liquid Assets includes:
Estimation of all expenses requires running an organisation will be helpful in calculating working capital.
Investment for Inventory:
Inventory investment plays an important role in marketing company. Most of inventory for marketing company is Stock. Investment at inventory helps to prevent shortage of goods in market and helps in providing better services.
Read Related: How to maintain stock register?
Inventory management is broad subject and can’t explain deeply in this article. You can study in detail about inventory management by clicking here
Inventory investment depends at factors like:
Check out: How to start Ayurvedic Marketing Company?
In this article, we will cover investment required to start ayurvedic marketing company. Investment required for starting ayurvedic marketing company depend at many factors like number of products want to launch, cost of these products, minimum batch size etc. Investment required in marketing company is less as compare to manufacturing company because marketing company required less infrastructure and capital required.
There are three types of investments required to start Ayurvedic Marketing Company.
- Fixed Capital Investment
- Working Capital Investment
- Investment for Inventory
Fixed Capital Investment:
Fixed capital investment is investment required for fixed assets like office, furniture’s, office material etc. As we have discussed above investment is less in marketing company as compare to manufacturing company. No minimum space requires, no special licenses or registrations. You can start marketing company with only registering company and/or taking GST number.
If you have own land and building then fixed capital will be different than if you will start it in rented premises. If you want to purchase a land or building, land cost will vary depend at location and area of that particular land. If you have limited finance then you should start with rented premises.
Fixed Assets includes:
- Office Building
- Office furniture and accessories
- Computer and other office requirements
- Licenses and documentation expenses
- Other requirements if any
Working Capital investment:
Working Capital investment is required for liquid assets like salary, wages, paying bills, loan instalments, advertisement & promotion expenses etc. Working capital investment is required till a company/firm start to generate enough profit that is adequate for paying for all liquid assets.
Working capital investment depends at many factors like:
- Rent of office
- Loan amount if any
- Minimum wages given at that area to workers
- Number of workers and staff
- Salary of technical and educated staff
- Marketing Budget
- Cost of electricity, water and other services
- Other miscellaneous factors
Liquid Assets includes:
- Skilled and Technical Staff/Employee Salary
- Non Skilled worker’s wages
- Office rent if any
- Maintenance expenses
- Bank loan EMI if any
- Marketing Budget
- Monthly Bills
- Other expenses if any
Estimation of all expenses requires running an organisation will be helpful in calculating working capital.
Investment for Inventory:
Inventory investment plays an important role in marketing company. Most of inventory for marketing company is Stock. Investment at inventory helps to prevent shortage of goods in market and helps in providing better services.
Read Related: How to maintain stock register?
Inventory management is broad subject and can’t explain deeply in this article. You can study in detail about inventory management by clicking here
Inventory investment depends at factors like:
- Number of products you want to market
- Minimum quantity that could be manufactured at third party manufacturing basis/Contract manufacturing basis
- Cost of each product
- Promotional and marketing material inventory
- Other miscellaneous factors
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