Licenses and Registrations Required
- Company Registration – Sole proprietorship/LLP/Pvt Ltd
- Trade Licence – from your local municipality
- Shop & Establishment Registration
- GST Registration / None- GST
- Previous bank statement / Income Tax Returns Returns
- Business Insurance if required
Battery Distributorship Cost
- Distributorship Security Deposit -> 1.5 to 2 lakhs
- Initial inventory purchase -> 4 to 5 lakh rupees
- Shop Interior -> 30,000 (racks, computer system, Signage board etc)
- Equipments -> 20,000 rupees ( battery recharging machine, clamp meter & hydro meter )
- Shop Advance + First-month Rent -> extra (if you do not own a shop)
Profit Margin in battery Distributorship
The profit margin in battery Distributorship is directly proportional to the number of sales you have made. i.e If you make more sales, then you will be able to gain more offers and bonuses offered by the company.
The company offers these bonuses & schemes after 6 months to 1 year after you have opened your Distributorship. If you succeed in meeting those sales targets then you can expect up to a 30% o 45% profit margin.
Almost all battery brands offer special schemes like cash discounts, quantity discounts, product discounts, & outstanding balance nil, etc.