{"id":28014,"date":"2022-05-01T16:08:01","date_gmt":"2022-05-01T16:08:01","guid":{"rendered":"https:\/\/smallbusinesshub.in\/?p=28014"},"modified":"2023-09-30T06:47:28","modified_gmt":"2023-09-30T06:47:28","slug":"furniture-business","status":"publish","type":"post","link":"https:\/\/smallbusinesshub.in\/furniture-business\/","title":{"rendered":"How to start Furniture Business in India?"},"content":{"rendered":"\n<p>Over the past decade, the Indian furniture market has expanded beyond chairs and tables to sofas, cupboards, wardrobes etc. The improved living standards are also contributing to this growth.<\/p>\n\n\n\n<p>If you are interested in starting a business in this evergreen furniture market, you can easily start a furniture shop in your area.<\/p>\n\n\n\n<p>In this article, we will give you complete information related to the furniture business, which includes a business plan, items to include, licenses and certificates required, furniture shop business cost, profit margin, etc.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2022\/05\/Furniture-business-1024x536.jpg\" alt=\"Furniture business\" class=\"wp-image-28040\" style=\"aspect-ratio:16\/9;object-fit:cover;width:1024px\" width=\"1024\" srcset=\"https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2022\/05\/Furniture-business-1024x536.jpg 1024w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2022\/05\/Furniture-business-300x157.jpg 300w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2022\/05\/Furniture-business-768x402.jpg 768w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2022\/05\/Furniture-business.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_64 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >In this Post<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/smallbusinesshub.in\/furniture-business\/#Furniture_business_plan\" title=\"Furniture business plan\">Furniture business plan<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/smallbusinesshub.in\/furniture-business\/#Choosing_a_location_for_your_business\" title=\"Choosing a location for your business\">Choosing a location for your business<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/smallbusinesshub.in\/furniture-business\/#Sourcing_furniture_items\" title=\"Sourcing furniture items\">Sourcing furniture items<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/smallbusinesshub.in\/furniture-business\/#Type_of_furniture_to_sell_in_your_shop\" title=\"Type of furniture to sell in your shop\">Type of furniture to sell in your shop<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/smallbusinesshub.in\/furniture-business\/#Manpower_Required\" title=\"Manpower Required\">Manpower Required<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/smallbusinesshub.in\/furniture-business\/#Licenses_and_registration_required\" title=\"Licenses and registration required\">Licenses and registration required<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/smallbusinesshub.in\/furniture-business\/#Furniture_business_cost\" title=\"Furniture business cost\">Furniture business cost<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/smallbusinesshub.in\/furniture-business\/#Profit_margin_in_the_furniture_business\" title=\"Profit margin in the furniture business\">Profit margin in the furniture business<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/smallbusinesshub.in\/furniture-business\/#Marketing_your_furniture_shop\" title=\"Marketing your furniture shop\">Marketing your furniture shop<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/smallbusinesshub.in\/furniture-business\/#FAQ\" title=\"FAQ\">FAQ<\/a><\/li><\/ul><\/nav><\/div>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Furniture_business_plan\"><\/span>Furniture business plan<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>To start a furniture shop business, you need to have the proper plan. The furniture business plan includes the following steps,<\/p>\n\n\n\n<ul>\n<li>Finding a good location for your business<\/li>\n\n\n\n<li>Your target customer<\/li>\n\n\n\n<li>Sourcing your furniture products<\/li>\n\n\n\n<li>The type of furniture to sell or your product line<\/li>\n\n\n\n<li>Licenses and registrations required<\/li>\n\n\n\n<li>Total Investment and the expected profit<\/li>\n\n\n\n<li>Marketing your Business<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Choosing_a_location_for_your_business\"><\/span>Choosing a location for your business<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The first step in the furniture business is to choose a good location for your business. <\/p>\n\n\n\n<p>Areas where new houses, apartments and complexes are being built, and middle-class to upper-middle-class residential areas are ideal places for furniture shop business.<\/p>\n\n\n\n<p>You need a shop with a minimum of 2000 to 2,500 square feet of space. If you want to start with a large scale then you may require more space.<\/p>\n\n\n\n<p>For this business, a shop rental of 25,000 to 30,000 rupees can be considered safe. It depends on the location and the total space. You may need a small warehouse to store additional stock.<\/p>\n\n\n\n<p><strong><em><mark style=\"background-color:rgba(0, 0, 0, 0);color:#fa0404\" class=\"has-inline-color\"><span style=\"text-decoration: underline;\">Related Posts:<\/span><\/mark><\/em><\/strong><br>.<br>1. <a href=\"https:\/\/smallbusinesshub.in\/wood-business\/\" data-type=\"post\" data-id=\"29024\">List of Wood Business Ideas in India<\/a><br>.<br>2. <a href=\"https:\/\/smallbusinesshub.in\/plywood-business\/\" data-type=\"post\" data-id=\"29058\">Plywood Business | Complete Guide<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Sourcing_furniture_items\"><\/span>Sourcing furniture items<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>You should partner with the best furniture suppliers in your area. Do not rely on a single supplier. The chances of a sales conversion are greater if you offer different variants to customers.<\/p>\n\n\n\n<p>Keep track of your competitor&#8217;s stores and note what kind of items they have included in their store. Determine the competitive price for your products.<\/p>\n\n\n\n<p>Stocking trending items in your store gives you the added benefit. You can also provide custom-sized products to your customers by tying up with local furniture manufacturers.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Type_of_furniture_to_sell_in_your_shop\"><\/span>Type of furniture to sell in your shop<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>You can sell these items at a furniture store,<\/p>\n\n\n\n<p>Chairs, sofas, armchairs, tables, beds, desks, drawers, cabinets, cupboards, wardrobes, dining set, shoe cabinets, TV stands, wall storage, mattresses, bedside tables, bookcases, wall shelves, study lamps, mirrors, children&#8217;s furniture and much more.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Manpower_Required\"><\/span>Manpower Required<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>If you are starting a small shop then you may require 2 employees to support you and to lift and transport the furniture. For a medium-scale shop, you may need more people.<\/p>\n\n\n\n<p>For employees, you can set salaries between 13,000 and 17,000 rupees per month. The total manpower depends upon the scale on which you are planning to start your business.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Licenses_and_registration_required\"><\/span>Licenses and registration required<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The licenses and registrations required to start a furniture shop business are,<\/p>\n\n\n\n<ul>\n<li>Shop &amp; Establishment Registration<\/li>\n\n\n\n<li>Business Registration &#8211; Sole proprietorship\/LLP\/Pvt Lmt.<\/li>\n\n\n\n<li>GST Registration<\/li>\n\n\n\n<li>Business Insurance<\/li>\n<\/ul>\n\n\n\n<p>If you have basic documents like an Aadhar card, PAN Card, Bank Account &amp; Shop rental agreement, then you could easily get these Registrations. You can take help from any CA or legal agencies to get these documents.<\/p>\n\n\n\n<p>If you have limited capital, then you can approach banks like SIDBI for a <a href=\"https:\/\/www.sidbi.in\/en\" target=\"_blank\" rel=\"noopener\">business loan<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Furniture_business_cost\"><\/span>Furniture business cost<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"188\" src=\"https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2022\/05\/Furniture-business-cost.jpg\" alt=\"Furniture business cost\" class=\"wp-image-28041\" srcset=\"https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2022\/05\/Furniture-business-cost.jpg 600w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2022\/05\/Furniture-business-cost-300x94.jpg 300w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p>To start a furniture business in India, you require a minimum investment of around 10 to 12 lakh rupees.<\/p>\n\n\n\n<p>The initial investments required are,<\/p>\n\n\n\n<ul>\n<li>Stock Purchase &#8211; 10 lakhs<\/li>\n\n\n\n<li>Shop construction works &#8211; 1 lakh<\/li>\n\n\n\n<li>Shop Interior works &#8211; 50,000 rupees ( chair, table, racks, signage boards)<\/li>\n\n\n\n<li>Marketing &amp; registrations -&gt; 10,000 rupees<\/li>\n\n\n\n<li>Shop security deposit -&gt; Extra ( Varies according to location )<\/li>\n\n\n\n<li>Vehicle for delivery ( optional )<\/li>\n<\/ul>\n\n\n\n<p>The ongoing monthly expenses are shop rent, employee salary, stock updates, utility bills etc.<\/p>\n\n\n\n<p><strong><em><mark style=\"background-color:rgba(0, 0, 0, 0);color:#fa0404\" class=\"has-inline-color\"><span style=\"text-decoration: underline;\">Related Posts:<\/span><\/mark><\/em><\/strong><br>.<br>1. <a href=\"https:\/\/smallbusinesshub.in\/timber-business\/\" data-type=\"post\" data-id=\"29045\">Timber Business in India | Complete Guide<\/a><br>.<br>2. <a href=\"https:\/\/smallbusinesshub.in\/bamboo-business\/\" data-type=\"post\" data-id=\"29152\">Bamboo Business Ideas in India<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Profit_margin_in_the_furniture_business\"><\/span>Profit margin in the furniture business<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>In the furniture business, you can expect a profit margin of 25% to 30% on your revenue.<\/p>\n\n\n\n<p>So your total monthly profit is determined by the total amount of sales you make in a given month. If you have enough business in a month, you can earn up to 40,000 a month after deducting all expenses.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Marketing_your_furniture_shop\"><\/span>Marketing your furniture shop<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>If you provide quality products at a reasonable price, you can easily trade by word of mouth over time. Run discount schemes during major festive seasons so you can increase your customer base.<\/p>\n\n\n\n<p>You can also do offline marketing, for example, distributing flyers and online marketing like social media marketing.<\/p>\n\n\n\n<p><strong><em><mark style=\"background-color:rgba(0, 0, 0, 0);color:#f60202\" class=\"has-inline-color\"><span style=\"text-decoration: underline;\">Related Posts:<\/span><\/mark><\/em><\/strong><\/p>\n\n\n\n<ol>\n<li><a href=\"https:\/\/smallbusinesshub.in\/stationery-business\/\" data-type=\"post\" data-id=\"26177\">How to start a Stationery Shop Business | Complete Guide<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/smallbusinesshub.in\/tiles-business\/\" data-type=\"post\" data-id=\"26205\">Tiles Shop Business in India | Complete Guide<\/a><\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQ\"><\/span>FAQ<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<ol class=\"rank-math-list \">\n<li id=\"faq-question-1642869185293\" class=\"rank-math-list-item\">\n<h4 class=\"rank-math-question \">How much space is required to start a furniture shop business?<\/h4>\n<div class=\"rank-math-answer \">\n\n<p>You require a minimum of 2000 to 2500 square feet of space to start the business.<\/p>\n\n<\/div>\n<\/li>\n<li id=\"faq-question-1642919035234\" class=\"rank-math-list-item\">\n<h4 class=\"rank-math-question \">How much investment is required to start a furniture shop business?<\/h4>\n<div class=\"rank-math-answer \">\n\n<p>The minimum investment required to start a furniture shop business is around 10 lakh to 12 lakh rupees.<\/p>\n\n<\/div>\n<\/li>\n<li id=\"faq-question-1642919123587\" class=\"rank-math-list-item\">\n<h4 class=\"rank-math-question \">What is the profit margin in the furniture business?<\/h4>\n<div class=\"rank-math-answer \">\n\n<p>You can expect a profit margin of 25% to 30% on revenue.<\/p>\n\n<\/div>\n<\/li>\n<\/ol>\n<\/div>\n\n\n<p>I hope this article has resolved many of your doubts related to the furniture business. If you have any suggestions feel free to mention them in the comment box below.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over the past decade, the Indian furniture market has expanded beyond chairs and tables to sofas, cupboards, wardrobes etc. The improved living standards are also contributing to this growth. If you are interested in starting a business in this evergreen furniture market, you can easily start a furniture shop in your area. In this article,&hellip;&nbsp;<a href=\"https:\/\/smallbusinesshub.in\/furniture-business\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">How to start Furniture Business in India?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":28040,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"[\"title\",\"meta\",\"content\",\"tags\",\"post-navigation\",\"comments\"]","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_ti_tpc_template_sync":false,"_ti_tpc_template_id":"","footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/posts\/28014"}],"collection":[{"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/comments?post=28014"}],"version-history":[{"count":20,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/posts\/28014\/revisions"}],"predecessor-version":[{"id":29176,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/posts\/28014\/revisions\/29176"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/media\/28040"}],"wp:attachment":[{"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/media?parent=28014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/categories?post=28014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/tags?post=28014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}