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.