The rising health concern, wellness, and awareness have steered up organic business demand in India and across the world. People are getting more concerned about fresh and healthy and foods. Organic farming and groceries selling organic products can be seen in many places in India. The Indian market of organic food is expected to grow more than 25% in the next three years. The scope of small business of organic farm is increasing day by day.
In this article, we will provide you details of Organic business ideas, which include the following:
License and Permit
If you are moving forward with your organic business plan, you need to meet the national organic standards. The following steps will guide you for the license and permit required:
- License and food permit is required from the health department for the legitimacy of your organic business
- Organic certification from the Organic Trade Association
- After filing EIN (Employer Identification Number) through the IRS website, you need to select an structure to operate your organic business plan as instanced by sole proprietorship, partnership, corporation, or Limited Liability Company.
- You need to open a bank account with the name of your organic business store and a business ATM card for anything you purchase for your organic store
Investment
Your organic business plan should include the initial investment to startup. It would be best if you stocked up your shelves at the initial stage. It will cost higher than expected as organic products and goods are expensive compared to non-organic. You need to invest in the rent/purchase of store, staff salaries, operating costs, and inventory of organic goods. Proper investment plan will help your organic business run smoothly.
Selling Price
You need to set up a reasonable and fix selling price. You can set-up the selling price after comparing it with a nearby organic store. Low price can result in a loss for you, whereas a high price can push away your cost-sensitive customers. Therefore after analyzing, set up a reasonable price for your organic products.
Advertising
- Offline advertising of your organic store can be done through newspapers, flyers, brochures, word of mouth, etc. Justify your organic products by showcasing the benefits and focus on your target customers.
- Online advertising: Create a social media platform, a website to reach your target customers to sell and promote your organic food products
Managing your store
Managing and keeping track of your organic store is the key to the success of your organic business. You need to know about the tracking inventory through inventory management Application. WMS warehouse inventory system will help run your business efficiently.
Location
Store location plays a significant role in the success of your organic business. You need to set-up your location where you have a potential buyer. The best location of your organic store is where you can meet the following points:
- Store visibility
- Access to transport
- Parking facility
- Less competitive stores nearby
Customers Experience
A pleasant visit of your customers to your store increases the return chances. Staff need to be supportive, trained, and educated about the organic food products in your store.
How to start organic shop in Tamilnadu?
If you want to start organic shop in Tamilnadu, you can follow the below-mentioned steps:
- Identify your target customers
- Suitable location of your store
- Register you organic store
- Get your organic certification, trade, and food safety license
- Stock-up your store with organic goods
- Advertise and promote
- Evaluate performance
The organic farming business in India is expected to grow in the coming years. Customer’s preference for organic food products and the availability of organic food products online have boosted organic business demand. Organic farming will be profitable in the areas where the target customers believe that organic products are superior to non-organic. The organic farming business assures rich returns because many people turn from chemical infested agriculture products to organic products.
In this article, we have provided you with organic business ideas to set-up your organic store.