Bhandari Marble World
Marble and Granite Business
Stone is the ultimate in durable building materials, and marble and granite are especially popular for their beauty and durability on indoor surfaces such as countertops. If you’re a skilled stoneworker or an entrepreneur who knows where to hire such talent, you could create a profitable enterprise supplying, installing and maintaining these high-end surfaces.
A Good Plan Is Your Foundation
Before you open your doors, put some serious thought into planning. To begin with, you need to make a lot of decisions about what kind of company you’ll operate: Do you plan to offer full-service fabrication, for example, or outsource actual fabrication to a supplier and focus on sales and installation? Once you’ve settled those details, define the equipment and premises you’ll need, which in turn helps determine how much financing will be required.
Give serious attention to the size of the local market – stone is definitely an upmarket option – and how many competitors are already serving it. Aside from those specifics, attend to basics such as choosing a business structure, acquiring the necessary licenses and applying to the Internal Revenue Service for a federal employer identification number, or EIN.
Setting Up Your Location
Once your plan is in place, it’s time to take those details from paper to reality. Finding a suitable location is one immediate need. If you’ll be focused primarily on sales and installation, find a suitable sales office with parking for your installation vehicles and modest storage for tools. If you opt for full fabrication, look for a larger work area, more equipment and possibly space for a showroom as well.
Acquiring all of this will take money, either from your own savings, private investors or loans from one or more sources. Your business premises, vehicles and some equipment can be leased, to preserve your start-up capital. You’ll also need qualified stoneworkers, especially if you yourself intend to primarily handle the sales and administrative side of things.
Building Relationships with Suppliers
A successful marble and granite business requires you to have strong relationships on both ends of the process: with the suppliers who provide your stone and with other entrepreneurs who can direct business your way. Marble and granite are high-end materials and represent a substantial cost for homeowners. They’ll want plenty of options to suit their decor, and that means you’ll need to have access to stone in a range of colors and patterns from multiple suppliers.
Spend time meeting as many suppliers as possible through trade shows and industry functions or by visiting their quarries and showrooms directly. Industry publications can help you assess their relative strengths. You might even be able to form strategic partnerships: If your main local competitor deals with specific stone suppliers, their rivals might be willing to give you favorable terms to crack a market where they’ve been shut out.
The Marketing Side
It’s equally important to form relationships with complementary businesses in your market, from wholesalers of plumbing fixtures – marble and granite usually go to countertops and vanities, which require plumbing – to homebuilders, renovation companies, cabinetmakers, other tradespeople and local interior designers. Spend part of your start-up capital on at least a basic website so designers and potential clients can find you. Set up a company Facebook page or Instagram feed, where you can show off high-quality photos of your latest work and post testimonials from happy clients. Word of mouth is proverbially the best advertising, and social media magnifies its effect.
Add Value through Secondary Services
Don’t overlook opportunities to add value, and revenue, through secondary activities such as cleaning, sealing, repairing and restoring existing stone surfaces. Not only can it pay the bills between installation jobs, but it’s also a way to build long-term relationships with clients who’ve already demonstrated a love of stone. If you plan to be around for decades, you might develop opportunities to do multiple installations for the same clients, as well as the regular cleanings.
You might also offer added value through complementary products, such as marble-topped end tables to complement a vanity or stone tile accents on backsplash walls or cupboard doors. These niche offerings can provide an avenue to use up trim or miscut pieces from your main work, making them doubly
Internal Revenue Service:
Marble and Granite business a surely a profitable enterprise in the right market. Marbles and granites are compulsory materials building materials and they are popular for their beauty and durability on indoor surfaces. If you’re willing to start up a profitable enterprise supplying, installing and maintain their stone business, there are many things that you must have deep study before getting into the business. Marble business is a highly competitive business; they have a huge demand in the market with high competition. Marble tiles are used as building materials in hotels, homes, apartments, residential complexes, hospitals, and airport terminals. Architectural use for the interior, exterior and floor decoration in the building, decorative memorial stone, high precision instrument beds and surface plates. And marbles are in demand for a table, Craftwork for interior decoration, nameplates. This blog post will share the information on how to start a successful marble and granite business and earn great profits.
Marble and Granite Business
To know to success tips for this marble and granite business, you should learn from the people who are already in this business. As marble business has huge market potential, it’s very tough to find companies in your areas who are willing to share your business tips. You need to find the people who run companies like these in markets where you will not compete.
The polished marble tiles are having good demand in India. They are used for construction work of hotels, airports, railways, houses, hospitals, etc. in great quantity. People are attracted to marbles tiles for their hardness, durability, smoothness, and finish. Realizing the potential for polished tiles, the Govt of India included the marble tiles industry in its list export thrust sector. India is the main competitor in the international market is Chine, South Korea, Brazil, etc.
Marble and Granite Business Plan
Every successful business start opens with a perfect business plan. To begin with, you need to make a lot of decisions about what kind of business unit you planning to operate.
For example, you want to become a distributor of ready-made products made by manufacturers.
Or you can be the importer of fine marble and granite products.
Or you can add value to those products by offering design and architectural services to your customers.
There are several ways that you can participate in the market, and it is up to you to decide what the focus will be. Give serious attention to the size of the local market, stones are a huge demand material. And there will be many competitors in the markets offering service them.
Once you get decided with the type of service you are going to offer, next it chooses the best business structure; acquire necessary licenses and applying to the internal revenue service for a federal employer identification number or EIN.
Marble and Granite Business – Investment
Arrange you’re financing if you have sufficient money to start the marble and granite business. At the early stage, you buy inventory and run the business for a few months, then you approach the local banks for loans. Before you invest you should check your business plan, background, your expectation as to when the business will become profitable, the amount of money you will need to open the doors, and other details. Not only have the banks had many other private financial institutes also offered loans for start-up businesses.
Location for Your Marble and Granite Business
Once you’re set with the business and investment, it’s now time to take details from paper to reality. Select a suitable location for the office and warehouse.
If your business plan mainly focuses on sales and installation, find a location with sufficient parking for your installation vehicles and modest storage for tools.
If you are offering full fabrication services, it requires more areas for equipment, space for a showroom, and a large working area.
Location for this business needs more money; you should take money from your own savings, private investors or loans from one or more sources. For business you need premises, vehicles and some types of equipment that can be leased, to preserve your start-up capital.
Permits and Registration for Marble and Granite Business
For all the sections you are willing to operate you need to register your company. Select a business name and incorporate the enterprise as an LLC.
Obtain a trade license and factory license. Get BIS certification and tax identification number.
As a manufacturer, you need to trademark the product for brand recognition. There are few environmental protection laws guiding the business.
The marble tile business unit requires GST Registration.
Find other certificates you need to obtain in your country.
Machinery and Equipment in Marble and Granite Business
Wholesalers only need a large warehouse, forklift and delivery trucks for the business. Manufacturers also need to purchase an array of equipment. Some equipment needed by marble manufactures is hydraulic filter press, bucket elevators, line conveyor, pot mill and ball mill. Other equipment is shuttle kiln, agitator and glaze vat.
Raw Materials: An important step can be achieved by asking co entrepreneurs how they have always sourced for their materials. Once you get a list of suppliers, ensure that compare prices so that you can stick with the process that is reasonable. You may as well embark on sourcing for raw materials yourself by doing some research.
Human Resources in Marble and Granite Business
For this business startup, you need some staff; you need a salesperson, administrative staff, and Stoneworkers.
If you are capable of handling accounting, sales, and administrative work, you don’t require outsides. But if you are planning to run in large scale or plan to expend it in the future you need a helping hand.
If you are planning a large scale you require: Manager-cum-supervisor, Clerk, Accountant, Salesman, stone workers, labor, peon, and watchman.
Business Relationship Management in Marble and Granite Business
To get successful in marble and granite business you should maintain strong relationships with everyone from a supplier who provides stone and with the entrepreneurs who can direct business your way. Marbles are high-end materials with a high cost for the homeowner. So, they search for all better options that suit their interior decoration, so you should be able to represent as many colors and models of stone from multiple suppliers.
You should be updated with all business shows and business functions by meeting your suppliers regularly or by visiting their quarries and showrooms directly. Industry publications can best sources to get updates on the supplier’s strengths. You can also form strategic partnerships: if your local competitors deal with specific stone suppliers, their rival might offer you favorable terms to crack a market where they have been shut out.
Manufacturing Process of Marbles Tiles
Polishing and Shining: Once marble slabs or strips or marbles are ready for polishing, A large conveyor system moves them through the polishing line. The process typically starts with very coarse diamond abrasives and moves gradually to finer and finer abrasives- a process of sanding fine hard works.
Designing: Here Customers can view the slabs to select the one with color and veining desires. This is highly recommended, as each slab of marble will have its own unique characteristics.
Fabrication Process: After selecting the slab or slabs of marble desired, natural stone installers will measure the area in the home, to extract standards, and start the fabrication process. Once complete, the marble slabs will carefully have installed.
Marketing Plan for Marble Business and Granite Business
Make a perfect marketing plan for your business, so start by deciding how to sell your products. Implement perfect marketing strategies in selling your marbles. If you’re planning to sell your products on the internet, start a website with an attractive design with complete product information and prices. You can create social networking pages and spread them on the internet. Or if you have salespeople calling on local businesses and homes you implement telecalling process and contact builder, contractor and real estate dealers who deal with products in huge quantities.
You should implement a high rated advertising strategy that has a huge impact on your profit margin. You must leave no stone unturned in sourcing for the market. Once you have defined your target market, then you can begin to look for ways to reach them. Printing brochures and fliers are a good way. You can use print and electronic media. Once you can get your business on the faces of people, then you can sure to have more clients.
Your marketing plans you deal with your entire business plan. You should consider the following terms and following you are marketing and business deals weekly or monthly.
We are the most reliable and experienced marble manufacturers and suppliers in India. We have great standards in the quantity, quality and the finishing of the marble and granite. We have a fully professional experienced team of workers for manufacturing and supplying the marble in India at a reasonable price with less taking time. If you are looking for marble and granite in India or anywhere from all over the world, visit us. We provide a good quality of marble and granite in Kishangarh, Rajasthan. Kishangarh Marble and all types of marble, granite, and sandstone at a reasonable price. We also entertain customers interested in wholesales prices and parties interested in opening new business in this field.
Bhandari Marble World
By D.C. Bhandari, CEO, Bhandari Marble World
Contact us: – [email protected]