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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
CANDLE BUSINESS B-PLAN

      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
CANDLE BUSINESS B-PLAN


                         PUT NECESSARY
                          MATERIALS IN
                            MACHINE


                      KEEP MOLDS READY



                                  MELT



                                  PURE



                      KEEP FOR COOLING


      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.
CANDLE BUSINESS B-PLAN



                               MELT



                               POUR



                ADJUST MACHINE


                             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.
CANDLE BUSINESS B-PLAN

1.0GENERAL
   1. Name of Entrepreneur:Mr Rahul David
   Date of Birthday:05/07/1987                    Age: 25
   Project:Candle Making
   Location:Salem Salvador, Do-MundoBardez Goa Porvorim, Goa
   Type of organization: Proprietary/Partnership:Partnership
   Name of firm:Candle Wonder
   Address:Udhyambag, Belgaum




1.1 Educational Qualifications

               Qualification         Institute       Major       Year of
                                                     Subject     passing
S.S.C or       HSSC              VidyaPrabodhini, Arts         2004-2005
below                            Porvorim Goa

Degree/        BBA               CBALC,           HR           2005-2008
Diploma                          Belgaum

               MBA               S.P. Jain Institute MBA       2008-2010
                                 of Management
                                 and Research ,
                                 Puna




1.2 Special Training
CANDLE BUSINESS B-PLAN

  Training in              Institute              Duration      Achievement
 Candle Making         Bizzyland 4 TH            2010-2011        Passing
    Course                  Floor,                               Certificate
                       VishrambagVada
                       Next To Chitale
                           Sweets,
                        SadashivPeth,
                        Pune – 411030




1.3 Work Experience (Past & Present)

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



   2. Name of Entrepreneur: Ms NaithaliD’costa
   Date of Birth:03-07-1987                              Age: 25
   Project: Candle Business
   Location: Abu Dhabi, U.A.E
   Type of organization: Proprietary/Partnership: Partnership
   Name of firm: Candle Wonders
   Address:Udhyambag, Belgaum



1.1 Educational Qualifications

                  Qualification      Institute         Major          Year of
                                                      Subject         passing
S.S.C or        HSSC              St Joseph’s       Commerce       2004
below                             School AUH
Degree/         BBA               University of     Marketing      2007
                                  Wollongong DXB
Diploma
                MBA               Hariot Watt       Marketing      2009
                                  DXB


1.2 Special Training
CANDLE BUSINESS B-PLAN

  Training in            Institute                Duration         Achievement
Candle & flower      Anant Apartment            1 year course       Awards &
    making           OppMordern High             2009-2010          Completed
                     School, JM Road,                               certificate
                       Sivaji Nagar,
                           Pune
Interior & fashion     Inter National              2010-2011        Awards &
                     Institute of Fashion
    Designing               Design
                                                                    Completed
                                                                    certificate




1.3 Work Experience (Past & Present)

 Organization             Position             Nature of work        Duration
Home CenterAuh          Asst. Manager         Interior Decorator    2011-2012




   3. Details of Proposed Project (Manufacturing/Servicing)

2.1 Machinery/Equipment

S.        Description         Qty.           Price      Total       Names and
No.                         required                    Value      addresses of
                                                                     suppliers
 1     Auto Shot 3000-           1          4,00,000   4,00,000    Candlewic,
              D                                                      Mumbia.
 2     Candle-machine-           1          5,00,000   5,00,000    Candlewic,
          125x125                                                    Mumbia.
 3       Fluted base            20           1,000      20,000     Candlewic,
           former                                                    Mumbia.
 4       Tray mould            100            220       22,000     Candlewic,
                                                                     Mumbia.
 5     Polyurethane tea         20           1,300      26,000     Candlewic,
         light mould                                                 Mumbia.
 6     Wick holder bar         500             4        2,000      Candlewic,
                                                                     Mumbia.
             Total                                     9,70,000
CANDLE BUSINESS B-PLAN


2.2 Production Programme

S.        Item/Product       Total Qty.    Price per       Sales       Capacity
No.                          Per Year        Qty.        Revenue      Utilization
                                                         Per Year
 1     Fluted base candle     25,000          50         12,50,000       20%
 2     Polyurethane tea-      25,000          50         12,50,000       20%
          light candle
 3        Tray candle         44,000          20         8,80,000        50%
             Total                                       33,80,000       90%


2.3 Raw Materials

S.              Item          Total       Requirements      Total      Sources
No.                          annual
                            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         1,872            125          2,34,000 Candlewic,
           fragrance                                                 Mumbia.
 5       Sustainer base      93,600           0.45          42,120  Candlewic,
                                                                     Mumbia.
 6        votive glass       25,000           18           4,50,000
         candle holder
             Total                                        22,36,200




2.4 Utilities
CANDLE BUSINESS B-PLAN

S.        Particulars         Annual     Rs/Unit Total Annual     Remarks
No.                         Requirements          Expenses
                                                     (Rs)
 1        Electricity          1,200      4.40      5,280           KEB
 2          Water               100        35       3,500           KWB
            Total                                   8,780




2.5 Man Power

S.            Particulars             No.      Total Wages &       Remarks
No.                                            Salaries (Rs per
                                                    year)
  1      Skilled employees              1         1,20,000
  2        Semi-skilled                 5         4,20,000
             employees
  3     Unskilled employees             4         1,92,000
                Total                             7,32,000


4. Cost of the Project

4.1 Fixed Capital

S.                          Item                          Value (Rs)
No.
 1                  Machinery/Equipment                     9,70,000
 2                       Building                          25,00,000
                           Total                           32,70,000




4.2 Working Capital

S.              Item               Duration    Quantity           Value
No.
 1      Raw materials stock        1 month                       1,50,000
 2      Finished goods stock       1 month                       2,80,800
 3           One month             1 month                   8,780+7,32,000=
        Production expenses                                      7,40,780
        (Utilities + Wages +
CANDLE BUSINESS B-PLAN

              Salaries)
               Total                                         11,71,580




4.3 Total Cost of Project

S.                          Particulars                  Value (Rs)
No.
 1                     Fixed capital                     32,70,000
                  (Total of item No. 4.1)
  2                  Working Capital                     11,71,580
                  (Total of item No. 4.2)
  3       Preliminary and pre-operative expenses          50,000
                           Total                         46,91,580


4.4 Means of Finance

S.                 Particular               Value (Rs)       Remarks
No.
 1       1st partner own contribution       23,00,000
 2       2nd partner own contribution       24,00,000


4.5 Project Profitability Analysis

S.                        Description                    Value (Rs)
No.
 1                    Sales Revenue                      33,80,000
 2                Manufacturing expenses                 25,26,980
                       (2.3+2.4+2.5)
  3           Selling & Distribution expenses             50,000
  4               Administrative expenses                 10,000
CANDLE BUSINESS B-PLAN

  5                      Interest                          -
  6                   Depreciation                      40,000
  7           Gross profit [1-(2+3+4+5+6)]             7,53,020
  8                Income tax (30%)                    2,25,906
  9                  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.                 Names                     Address    Occupation
No.
 1               Manager              Home CenterAuh   Asst. Manager
 2          Property documents              -                 -




Date:

Place:                                                 Signature.

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B plan candle making business

  • 1. 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
  • 2. CANDLE BUSINESS B-PLAN  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
  • 3. CANDLE BUSINESS B-PLAN PUT NECESSARY MATERIALS IN MACHINE KEEP MOLDS READY MELT PURE KEEP FOR COOLING 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.
  • 4. CANDLE BUSINESS B-PLAN MELT POUR ADJUST MACHINE 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.
  • 5. CANDLE BUSINESS B-PLAN 1.0GENERAL 1. Name of Entrepreneur:Mr Rahul David Date of Birthday:05/07/1987 Age: 25 Project:Candle Making Location:Salem Salvador, Do-MundoBardez Goa Porvorim, Goa Type of organization: Proprietary/Partnership:Partnership Name of firm:Candle Wonder Address:Udhyambag, Belgaum 1.1 Educational Qualifications Qualification Institute Major Year of Subject passing S.S.C or HSSC VidyaPrabodhini, Arts 2004-2005 below Porvorim Goa Degree/ BBA CBALC, HR 2005-2008 Diploma Belgaum MBA S.P. Jain Institute MBA 2008-2010 of Management and Research , Puna 1.2 Special Training
  • 6. CANDLE BUSINESS B-PLAN Training in Institute Duration Achievement Candle Making Bizzyland 4 TH 2010-2011 Passing Course Floor, Certificate VishrambagVada Next To Chitale Sweets, SadashivPeth, Pune – 411030 1.3 Work Experience (Past & Present) Organization Position Nature of work Duration ZAF Enterprise HR Assistant Office 2011-2012 2. Name of Entrepreneur: Ms NaithaliD’costa Date of Birth:03-07-1987 Age: 25 Project: Candle Business Location: Abu Dhabi, U.A.E Type of organization: Proprietary/Partnership: Partnership Name of firm: Candle Wonders Address:Udhyambag, Belgaum 1.1 Educational Qualifications Qualification Institute Major Year of Subject passing S.S.C or HSSC St Joseph’s Commerce 2004 below School AUH Degree/ BBA University of Marketing 2007 Wollongong DXB Diploma MBA Hariot Watt Marketing 2009 DXB 1.2 Special Training
  • 7. CANDLE BUSINESS B-PLAN Training in Institute Duration Achievement Candle & flower Anant Apartment 1 year course Awards & making OppMordern High 2009-2010 Completed School, JM Road, certificate Sivaji Nagar, Pune Interior & fashion Inter National 2010-2011 Awards & Institute of Fashion Designing Design Completed certificate 1.3 Work Experience (Past & Present) Organization Position Nature of work Duration Home CenterAuh Asst. Manager Interior Decorator 2011-2012 3. Details of Proposed Project (Manufacturing/Servicing) 2.1 Machinery/Equipment S. Description Qty. Price Total Names and No. required Value addresses of suppliers 1 Auto Shot 3000- 1 4,00,000 4,00,000 Candlewic, D Mumbia. 2 Candle-machine- 1 5,00,000 5,00,000 Candlewic, 125x125 Mumbia. 3 Fluted base 20 1,000 20,000 Candlewic, former Mumbia. 4 Tray mould 100 220 22,000 Candlewic, Mumbia. 5 Polyurethane tea 20 1,300 26,000 Candlewic, light mould Mumbia. 6 Wick holder bar 500 4 2,000 Candlewic, Mumbia. Total 9,70,000
  • 8. CANDLE BUSINESS B-PLAN 2.2 Production Programme S. Item/Product Total Qty. Price per Sales Capacity No. Per Year Qty. Revenue Utilization Per Year 1 Fluted base candle 25,000 50 12,50,000 20% 2 Polyurethane tea- 25,000 50 12,50,000 20% light candle 3 Tray candle 44,000 20 8,80,000 50% Total 33,80,000 90% 2.3 Raw Materials S. Item Total Requirements Total Sources No. annual 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 1,872 125 2,34,000 Candlewic, fragrance Mumbia. 5 Sustainer base 93,600 0.45 42,120 Candlewic, Mumbia. 6 votive glass 25,000 18 4,50,000 candle holder Total 22,36,200 2.4 Utilities
  • 9. CANDLE BUSINESS B-PLAN S. Particulars Annual Rs/Unit Total Annual Remarks No. Requirements Expenses (Rs) 1 Electricity 1,200 4.40 5,280 KEB 2 Water 100 35 3,500 KWB Total 8,780 2.5 Man Power S. Particulars No. Total Wages & Remarks No. Salaries (Rs per year) 1 Skilled employees 1 1,20,000 2 Semi-skilled 5 4,20,000 employees 3 Unskilled employees 4 1,92,000 Total 7,32,000 4. Cost of the Project 4.1 Fixed Capital S. Item Value (Rs) No. 1 Machinery/Equipment 9,70,000 2 Building 25,00,000 Total 32,70,000 4.2 Working Capital S. Item Duration Quantity Value No. 1 Raw materials stock 1 month 1,50,000 2 Finished goods stock 1 month 2,80,800 3 One month 1 month 8,780+7,32,000= Production expenses 7,40,780 (Utilities + Wages +
  • 10. CANDLE BUSINESS B-PLAN Salaries) Total 11,71,580 4.3 Total Cost of Project S. Particulars Value (Rs) No. 1 Fixed capital 32,70,000 (Total of item No. 4.1) 2 Working Capital 11,71,580 (Total of item No. 4.2) 3 Preliminary and pre-operative expenses 50,000 Total 46,91,580 4.4 Means of Finance S. Particular Value (Rs) Remarks No. 1 1st partner own contribution 23,00,000 2 2nd partner own contribution 24,00,000 4.5 Project Profitability Analysis S. Description Value (Rs) No. 1 Sales Revenue 33,80,000 2 Manufacturing expenses 25,26,980 (2.3+2.4+2.5) 3 Selling & Distribution expenses 50,000 4 Administrative expenses 10,000
  • 11. CANDLE BUSINESS B-PLAN 5 Interest - 6 Depreciation 40,000 7 Gross profit [1-(2+3+4+5+6)] 7,53,020 8 Income tax (30%) 2,25,906 9 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. Names Address Occupation No. 1 Manager Home CenterAuh Asst. Manager 2 Property documents - - Date: Place: Signature.