Flower vases are used in offices, homes, churches, hotels restaurants and reception halls. Vases can be made from a number of materials including cement, ceramics and glass.
The business idea is for the production and marketing of flower vases. The production capacity is estimated at producing flower vases 80 per day with the total investment estimated at a cost of US$368. the TR estimated at a cost of US$589,056per year, with a net profit of 10% .
Capital Investment Requirements in US$
|Capital investment item||Unit||Qty||@||Amount|
|TC on machinery||368|
Cement is mixed into large empty buckets, clay and water are added and mixed together and the mix should not be thick. Painting oil is taken and rubbed into the mold, making sure that you cover the entire inside of the mold; this will make it a lot easier to remove the cement from the mold. The next step is to add cement to the mold, only filling it half way. Spread evenly into the mold, and then place the small flower pot directly in the middle of the mold bucket; this will help to set the shape of the flower pot. Then allow your mold to dry. This will probably take several hours. It will help if you can set the mold in the sun to allow it to harden.
Once the cement is hard you can them remove it from the mold. Make sure that it is completely dry before you remove it. Then paint the pot afterwards; two coats of paint are more desirable, allow the first coat to dry then add the second coat. Once the paint is dry you can then add your dirt and start planting your flowers.
Production and Operating costs
|Cost Item||Units||@||Qty/ day||Pdn cost / day||Pdn cost/ month||Pdn cost/yr|
|Utilities(water and power)||100||1,200|
|Depreciation(Asset write off)Expenses)||8||92|
|Total Operating Costs||
Project product Costs and Price Structure
|Item||Qty/ day||Qty / yr||@||Pdn cost /yr||UPx||TR|
Profitability Analysis in US$
|Profitability Item||Per day||Per mnth||Per Year|
|Less production and operating Costs||1,702||44,251||531,008|
Sources of Raw Materials:
Raw materials are locally available.
Government Facilities and Incentives
The Government subsidies in form of Tax exemptions & Grants are available for the informal sector.