Set-up small chocolate industry

Asked by: Guest - 12 May 16

Interested in having a business of my own, I wonder how to set-up a small chocolate industry? What would be its requirements.

Our expert said - 12 May 16

A business idea with chocolates is worth trying. It is one industry that can be started at a small scale and gradually progress to big networks according to individual ability. Setting-up chocolate industry can be broadly classified under 3 heads viz. Training, Investment and Publicity.

1. Training – It is always better to get a professional training to get start-up with such a venture. Some of the institutes that offer training in chocolate production and manufacturing are: Institute of Hotel Management, Catering and Nutrition, New Delhi; Institute of Hotel Management and Catering Technology, New Delhi; CHM Institute of Hotel and Business Management, Gaziabad.

2. Investment – Investment for this business is in terms of Funding Money, Raw Materials, Setting-up processing machines, and payment for workers. For a small scale start-up at home level requires a basic investment of around 1.5 lac which would include the raw materials and usage of domestic fridge and oven, with local moulds. This would not include the workers as the initial start-up require self labour.
With the gradual expansion of the business according to the profit gained, some more funding can be pumped to add on the raw material supply, purchase of processing machines and refrigeration units and chocolate moulding machines to mould the chocolates to different shapes. With the expansion of the business, the employment of workers and their payment would come into play.

3. Publicity – Last but not the least is the marketing and publicity. Though it seem to be a small part, but this actually requires huge investment and labour to popularize the newly launched brand to the market. The end-user output requires to be raised for net profit and that relies on the advertisement of brand through different forms of media.