B plan candle making business

CANDLE BUSINESS B-PLAN

Candles have been used for light and to illuminate man's celebrations for more than 5,000 years, yet little is known about their origin

It is often written that the first candles were developed by the Ancient Egyptians, who used rush lights or torches made by soaking the pithy core of reeds in melted animal fat. However, the rush lights had no wick like a true candle.

The Egyptians were using wicked candles in 3,000 B.C., but the ancient Romans are generally credited with developing the wicked candle before that time by dipping rolled papyrus repeatedly in melted tallow or beeswax

Historians have found evidence that many other early civilizations developed wicked candles using waxes made from available plants and insects. Chinese candles are said to have been moulded in paper tubes, using rolled rice paper for the wick, and wax from an indigenous insect that was combined with seeds.

In Japan, candles were made of wax extracted from tree nuts. In India, candle wax was made by boiling the fruit of the cinnamon tree. Candles have come a long way since their initial use. Although no longer man's major source of light, they continue to grow in popularity and use.

Today, candles symbolize celebration, mark romance, soothe the senses, define ceremony, and accent home decors — casting a warm and lovely glow for all to enjoy.

LOCATION:Name:- Candle Wonders

Industry:- Candle Business

Business Type :- Partnership

Capital Investment:- 48,00,000

Location :-Belgaum Udhyambag sector

PRODUCTS:

Scented Candle

Long thin candles

Long Thick candles


Spiral candles

Glass candles

Color candles

Design Candles

Market Study:

a. End product :- Colored scented candles

b. End users :- Middle & upper class, Decorators

c. Suitability and strength of selecting particular product :- Innovative, not many players

d. Brand :- Candle Wonder

e. Tagline: Light your life

f. Selling price :- 20/-

g. Class & type of consumers: Middle and upper class, decorators

h. Product life cycle and present status : Introduction Stage

i. Past demand pattern: High

j. Anticipated future demand projections: Higher

k. Buying criteria and influencing factors: Value for money pricing will influence customers

l. Current availability and production capacity versus utilization: 90% in total

m. Marketing Practices

Distribution: Dealers

Credit Policy: No credit facility

Strengths and special services to be offered, if any: Coloured scented, decorated candles

Possible clientele and their likelihood of buying: Decorators


First of all we should keep the machines ready, and then put the

necessary materials in the machine such as wax, Colour and fragrance.

Machine Auto Shot 3000-D has an automatic timer for heating. We should

keep the molds ready. Once the wax has melted we should pure the wax

in each mold one at a time. After that we should keep it for cooling.

PUT NECESSARY MATERIALS IN

MACHINE

KEEP MOLDS READY

MELT

PURE

KEEP FOR COOLING


First of all we should melt the wax in another vessel then with the

required materials needed then we should pour the wax in the machine in

a slot, after that we should adjust the machine so that the wax comes in

every slot and keep for cooling.

MELT

POUR

ADJUST MACHINE

KEEP FOR COOLING


1.0GENERAL1. Name of Entrepreneur: Mr Rahul DavidDate of Birthday: 05/07/1987 Age: 25Project: Candle MakingLocation: Salem Salvador, Do-Mundo Bardez Goa Porvorim, GoaType of organization: Proprietary/Partnership: PartnershipName of firm: Candle Wonder Address: Udhyambag, Belgaum

1.1 Educational Qualifications

Qualification Institute MajorSubject

Year ofpassing

S.S.C or below

HSSC Vidya Prabodhini, Porvorim Goa

Arts 2004-2005

Degree/Diploma

BBA CBALC, Belgaum

HR 2005-2008

MBA S.P. Jain Institute of Management and Research , Puna

MBA 2008-2010


1.2 Special Training

Training in Institute Duration AchievementCandle Making

CourseBizzyland 4 TH

Floor, Vishrambag Vada Next To Chitale Sweets, Sadashiv

Peth, Pune – 411030

2010-2011 Passing Certificate

1.3 Work Experience (Past & Present)

Organization Position Nature of work DurationZAF Enterprise HR Assistant Office 2011-2012

2. Name of Entrepreneur: Ms Naithali D’costaDate of Birth: 03-07-1987 Age: 25Project: Candle BusinessLocation: Abu Dhabi, U.A.EType of organization: Proprietary/Partnership: PartnershipName of firm: Candle WondersAddress: Udhyambag, Belgaum

1.1 Educational Qualifications

Qualification Institute MajorSubject

Year ofpassing

S.S.C or below

HSSC St Joseph’s School AUH

Commerce 2004

Degree/Diploma

BBA University of Wollongong DXB

Marketing 2007

MBA Hariot Watt DXB

Marketing 2009


1.2 Special Training

Training in Institute Duration AchievementCandle & flower

makingAnant Apartment

Opp Mordern High School, JM

Road, Sivaji Nagar, Pune

1 year course2009-2010

Awards & Completed certificate

Interior & fashion Designing

Inter National Institute of Fashion

Design

2010-2011 Awards & Completed certificate

1.3 Work Experience (Past & Present)

Organization Position Nature of work DurationHome Center Auh Asst. Manager Interior Decorator 2011-2012

3. Details of Proposed Project (Manufacturing/Servicing)

2.1 Machinery/Equipment

S. No.

Description Qty. required

Price Total Value

Names and addresses of

suppliers1 Auto Shot 3000-

D1 4,00,000 4,00,000 Candlewic,

Mumbia.2 Candle-machine-

125x1251 5,00,000 5,00,000 Candlewic,

Mumbia.3 Fluted base

former20 1,000 20,000 Candlewic,

Mumbia.4 Tray mould 100 220 22,000 Candlewic,

Mumbia.5 Polyurethane tea

light mould20 1,300 26,000 Candlewic,

Mumbia.6 Wick holder bar 500 4 2,000 Candlewic,

Mumbia.Total 9,70,000


2.2 Production Programme

S. No.

Item/Product Total Qty. Per Year

Price per Qty.

Sales Revenue Per Year

Capacity Utilization

1 Fluted base candle 25,000 50 12,50,000 20%2 Polyurethane tea-

light candle25,000 50 12,50,000 20%

3 Tray candle 44,000 20 8,80,000 50%Total 33,80,000 90%

2.3 Raw Materials

S. No.

Item Total annual

Requirements Total Sources

Quantity Value (Rs)1 Wax 15,600 90 14,04,000 Candlewic,

Mumbia.2 Colour block 1,872 40 74,880 Candlewic,

Mumbia.3 Wick 1,560 20 31,200 Candlewic,

Mumbia.4 Scents and

fragrance1,872 125 2,34,000 Candlewic,

Mumbia.5 Sustainer base 93,600 0.45 42,120 Candlewic,

Mumbia.6 votive glass

candle holder25,000 18 4,50,000

Total 22,36,200


2.4 Utilities

S. No.

Particulars Annual Requirements

Rs/Unit Total Annual Expenses

(Rs)

Remarks

1 Electricity 1,200 4.40 5,280 KEB2 Water 100 35 3,500 KWB

Total 8,780

2.5 Man Power

S. No.

Particulars No. Total Wages & Salaries (Rs per

year)

Remarks

1 Skilled employees 1 1,20,0002 Semi-skilled

employees5 4,20,000

3 Unskilled employees 4 1,92,000Total 7,32,000

4. Cost of the Project

4.1 Fixed Capital

S. No.

Item Value (Rs)

1 Machinery/Equipment 9,70,0002 Building 25,00,000

Total 32,70,000

4.2 Working Capital

S. No.

Item Duration Quantity Value

1 Raw materials stock 1 month 1,50,0002 Finished goods stock 1 month 2,80,8003 One month 1 month 8,780+7,32,000=


Production expenses(Utilities + Wages +

Salaries)

7,40,780

Total 11,71,580

4.3 Total Cost of Project

S. No.

Particulars Value (Rs)

1 Fixed capital(Total of item No. 4.1)

32,70,000

2 Working Capital(Total of item No. 4.2)

11,71,580

3 Preliminary and pre-operative expenses 50,000Total 46,91,580

4.4 Means of Finance

S. No.

Particular Value (Rs) Remarks

1 1st partner own contribution 23,00,0002 2nd partner own contribution 24,00,000

4.5 Project Profitability Analysis

S. No.

Description Value (Rs)

1 Sales Revenue 33,80,0002 Manufacturing expenses

(2.3+2.4+2.5)25,26,980


3 Selling & Distribution expenses 50,0004 Administrative expenses 10,0005 Interest -6 Depreciation 40,0007 Gross profit [1-(2+3+4+5+6)] 7,53,0208 Income tax (30%) 2,25,9069 Net profit (7-8) 5,27,114

1. SUPPLEMENTRY DETAILS

5.1 Do You Own House/Property etc.: YES

5.2 Own Insurance Policy: YES

5.3 Any Interest in Other Firms: NO

5.4 You Belong to SC/ST/OBC/General: General

5.5 Present Monthly Income (Rs): NO

6.0 References:

S. No.

Names Address Occupation

1 Manager Home Center Auh Asst. Manager2 Property documents - -

Date:

Place: Signature.

B plan candle making business

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