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CV RAMAN

Hey I am on Medial • 1y

I want to build a startup regarding natural herbal tea could anyone help me about this idea.... How to start... Budget issues... Normal startup or franchise...

2 Replies

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Shaikh Maaz

#business • 1y

Starting a natural herbal tea startup can be a great idea, given the growing trend towards healthy and organic products. Here’s a step-by-step guide on how to proceed: 1. Market Research & Idea Validation: a. Research Demand b. Competitor Analysis c. Unique Selling Proposition (USP) 2. Business Model: Normal Startup or Franchise: a. Normal Startup: you will have full control b. Franchise: partner with an existing tea brand, reduce your risk. c. Hybrid Model 3. Product Development: a. Source Ingredients b. Testing 4. Branding & Packaging 5. Budget Considerations: a. Small Budget Option b. Larger Budget 6. Distribution: a. Online Presence b. Retail 7. Legal & Regulatory Requirements: a. FSSAI License b. GST Registration Would you prefer a smaller-scale online store to test the market or a larger, full-scale operation? This could help narrow down the budget and strategy.

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