If you are a farmer, but want to do something other than farming, then you can do vermi compost business. This is such a business, in which you can earn huge profits from a small space. The good thing is that vermi compost is widely used in organic farming and the government also takes out tenders to buy vermi compost in large quantities. Every farmer needs fertilizer for farming, in such a situation the demand will always remain in your business idea. Not only this, gradually the world is moving towards organic farming, due to which the demand for your business will keep on increasing. Let us know how to do Vermicompost Business (How to do Vermicompost Business) and how much profit (Profit In Vermicompost Business) you can earn from this business.
Not everyone can do this business
The profit in vermi compost business will be very strong, but not everyone can do it. This is because in the business of vermicompost you have to touch earthworms. There are many people who are afraid of touching earthworms or should say that they are disgusted. This business is also not for those who like to be very clean, because in the business of vermicompost, it is bound to get dirty from hands to clothes. So if you can do all these, then only you will enter into the vermi-compost business.
How to do vermi-compost business
For this you will first need some space. Its good thing is that you can do this business even in barren fields. First of all you have to make some beds. These beds are about 3-4 feet wide and 1-2 feet high. You can keep their length as per your space. These beds are made from cow dung and then earthworms are put in them. These earthworms eat cow dung and convert it into manure. The good thing about vermicompost business is that it gets ready as manure in just 3 months. Means you can get vermi compost about 4 times in a year.
How much will it cost in this business?
The business cost of vermi compost has to be understood in two parts. One will be your capital cost and the other will be your recurring cost which will be spent every time in making manure. Capital cost includes cost of making beds, cost of shed, cost of machines and cost of buying earthworms for the first time. If you do this business in 100 square meters, then your expenditure can come to around Rs 1.5 lakh. Apart from this, you will also have to spend about 1.5 lakh rupees on cow dung, laborers, straw to cover the bed, packaging bags, transportation etc. That is, in the first time you will have to spend Rs 3 lakh, but after that you will have to spend only Rs 1.5 lakh on recurring cost every time.
How much earning and how much profit?
In the business of vermi compost, in a year you will get about 50 tons of vermi compost by making 30 beds in 100 square meters. You can sell vermi compost in many ways. You can sell it to farmers on the basis of quintals. Apart from this, you can sell vermi compost to big traders on the basis of ton. If you sell Vermicompost in bulk even at the rate of Rs 10 per kg, then you will earn Rs 5 lakh. The cost in this will be around Rs 3.5 lakh. That means your profit will be Rs 6.5 lakh. If you package it yourself and sell it in the market, then your profit can be even stronger. Vermicompost is easily sold in big packing in the market at the rate of Rs.30-50 per kg. At the same time, it is easily sold in small packing for Rs.70-80 per kg. In vermicompost business, not only profit is earned from manure, but earthworms also prove to be a profitable deal. You can have up to 4500 kg of earthworms in a year. Out of this, you can also sell about 2500 kg. These earthworms are sold at the rate of Rs.150-200 per kg. If earthworms are sold at the rate of Rs.200 per kg, then you will earn about Rs.5 lakhs only from earthworms. That is, in total there will be a profit of around Rs 11.5 lakh. The total cost was Rs 3.5 lakh and the profit is Rs 11.5 lakh, which means you can get around 3-4 times the profit.
Source: yourstory.com
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