BUSINESS IDEA FOR MAKING ZINC PLATING

 Introduction

Zinc plating production and marketing are the focus of this business concept. It serves as ornamentation and corrosion protection for metal instruments. The business plan is based on the assumption that 2,600 packs of zinc plating will be produced each month, or 31,200 packs year. The potential revenue is anticipated at US$ 26,000, or US$ 312,000 annually. The project's cost is 188,710 USD.

Production Process

The solution is ready for zinc plating using the alkaline electrolytic technique after adding the zinc metal, sodium cyanide, and sodium hydroxide in the appropriate ratios of 1:2:3. Before applying zinc plating, the items are cleaned using the electrolytic cleaning procedure.

Market Analysis

To prevent the rusting of metallic things, zinc is widely utilized in the automotive and electronic industries. It is heavily used by manufacturing industries, particularly the iron and steel sector with fabrications

Production assumed 21 days in a month with a capacity of 38,000 eggs per press Depreciation (fixed assets write off) assumes 4 years life of assets write off of 25% per year

Direct costs include materials, supplies and other costs that directly go into production of the product

Source of Supply of Raw Materials and Equipment

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BUSINESS IDEA FOR MAKING SEALING WAX

 

Introduction

The manufacture and distribution of sealing wax is the focus of this business plan, which is based on the production of 13,000 pounds of sealing wax per month with a potential annual income of US$117,000 or US$9,750 each month.

 Production Process

Black sealing wax is most frequently used in post offices and railways. Rosin and shellac are melted, and then fillers including kaolin, soapstone, barites, colors, oxides, and oil-soluble organic dyes are added. The molten substance is then poured into aluminum or gunmetal-colored metal molds. Bee wax and castor oil are added in small quantities to sealing waxes to improve their plasticity. After that, the item is put into cartons with 500 grams of sticks.

 Market Analysis

In the postal system, the railroads, all corporate offices, academic institutions, and government agencies, among other places, sealing wax is in high demand. The product is in high demand, and there is a very small supply.

International market

Due to the COVID-19 pandemic, the global Bottle Sealing Wax market size is estimated to be worth USD 62 million in 2021 and is forecast to a readjusted size of USD 73 million by 2028 with a CAGR of 2.4Percent during the forecast period 2022-2028

Production costs assumed are for 312 days per year with a daily capacity of 500 Sealing Wax.

Depreciation (fixed assets write off) assumes 4 years life of assets write off of 25% per year for all assets.

Direct costs include: materials, supplies and other costs that directly go into production of the product.

Source of Supply of Raw Materials and Equipment

Raw materials and Equipment can be imported from Liberia, China and India.

Government Incentive

Government is encouraging small scale establishments so as to eradicate poverty.

BUSINESS IDEA FOR ESTABLISHING A BAKERY

 

BUSINESS IDEA FOR ESTABLISHING A BAKERY

Introduction

Bread and Confectionary products are a well-paid business. These, especially maandazi and bread, are quite nutritive and easily preserved and shelve life can be prolonged. These are products commonly stocked almost by all provision stores. Bread is one common product on people’s dining tables to a size able proportion of the urban and semi-urban communities and therefore enjoys a ready market. This is a project to produce bread, cakes, buns, maandazi, doughnuts etc. This proposal will confine itself to the production of bread, but the same equipment is used to produce all the other products except maandazi which may require some additional machines and cooking oil

Production Capacity, Technology and Process

For bread :- Wheat flour mixed with salt, sugar, yeast, cooking fat, water and other ingredients that may be necessary and kept for fermentation. The fermented dough is divided into desired weights and sizes and molded appropriately, and left to rest for panning. This is later put into greased metal pans and kept in a proofer at 38 degrees and with 88% relative humidity. The pans are finally placed in an oven and baked at varying temperatures between 205 –230 degrees Celsius

Investment Scale, Capital Requirements and equipment

The investment scale depends on the project set objectives.

Production and Operating Costs

Direct Materials, Supplies and Costs in US$

1) Production costs assumed 312 days per year with daily capacity of producing 2,500 loaves of bread.

2) Depreciation (fixed asset write off) assumes 4-years life of assets written off at 25% per year for all assets.

3) Direct costs include materials, supplies and other costs that directly go into production of the product.

4) Total monthly days assumed are 26-days.

5) The valuation currency used is United States Dollars.

Market Analysis

Bread is a household item therefore has a ready market throughout the year. The market traverses the country. This sector has registered a big number of Investors which includes; 

Source of Supply of Raw Materials:

Wheat Flour and other Ingredients can be purchased locally from the processing Firms.

Government Incentives

It’s better to follow rules and regulations lay down by the government

BUSINESS IDEA FOR AQUACULTURE

Introduction

Aquaculture is the growing of fish and any other water creatures. It is a foreign culture in our society. There has been a lot of encouragement to local communities to get involved but it has not yet formed grip. However, despite the initial capital outlay, this type of farming would generate some good financial earning to the farmers. There is no competition to the produce because the lakes which are the source of fish are almost depleted by big time dealers using unfriendly methods of fishing. The Business Idea estimates fixed capital of US$ 14,409 and operating costs of US$ 17,925 generating revenue of US$ 184,800 in the first year of operation.

Processes and Capacity

A modest farmer would need a minimum of three ponds of 4,000 square meters each. These are normally shallow to about 1.5 meters deep. When ready they are fertilized using agriculture lime and organic fertilizers like chicken, ducks, or turkey droppings. However, artificial fertilizers like NPK and Urea could be used. This takes two weeks and then stocking is done. Stocking is on a five pieces per square meter basis and at ratio of 3:2 i.e. 3 Tilapias and 2 Catfish. The stocked fries would be 5gms to 10 gms for Tilapia and 3-5cm for the Catfish. Feeding is by applying Aqua Starter for 6weeks and then after use Grower feeds. After six months the feeds are reduced because the fish would have gained the desired weight and so can reduce on the cost as the farmer is ready to sell.

Requirements

This business venture requires land with a permanent swamp preferably owned by the promoter. Construction of ponds is better done by hiring experts in that field. Once ponds are stocked, then you need wheelbarrows, spades, slashes and hoes for day to day operations and a seeing net for harvesting. 

Production and Operating Costs in US$

1) Production costs assumed 312 days per year with daily capacity of fish farming 60,000fish.

2) Depreciation (fixed asset write off) assumes 4-years life of assets written off at 25% per year for all assets.

3) Direct costs include: materials, supplies and other costs that directly go into production of the product.

4) Total monthly days assumed are 26-days.

5) The valuation currency used is United States Dollars.

 

Market Analysis

This business proposal does not yield any profits in the first harvest after six months. This is due to a huge excavation cost for quality Ponds that lasts for 60 years. The fish market is readily available because the lake fish is very expensive and scarce since most of it is processed for export. Secondly, the fish skeletons which were being sold to the public after processing for export are also currently exported. Furthermore, aquaculture would be sustained better if the farmers would indulge in poultry and Piggery because their dropping would be of great use in the ponds

BUSINESS IDEA FOR MAKING PLASTIC FOLDERS

 

Introduction

This business idea is aimed at Production and Marketing of Plastic Folders. The idea is premised on production of 13,000 Plastic Folders per month which translates into 156,000 per year. The revenue potential is estimated at US$ 9,750 per month which translates into US$117,000 per year if you will manage to get a reliable demand. The business has a good market demand throughout the year and has a production capacity of 500 plastic folders per day. This kind of investment can cost about US$13,250.

 

Production Process

PVC sheet and U-shaped profiles are used, which are of different sizes and thickness made available in the form of rolls. As per the requirements, these rolls are cut with the help of a plastic welding machine into different sheet sizes, with the help of a plastic welding machine, into different sheet sizes. With the help of U shaped profile, PVC sheets are attached as per the folder requirements.

Market Analysis

There is a good demand for plastic folders with an increase of educational institutions, banks, financial institutions and other organizations. Special orders are normally placed by commercial and other organizations with the manufacturers for different types and sizes of plastic folders. Plastic folders are stocked in all bookshops, supermarkets and retail shops through the country.

 

Production costs assumed 312 days per year with a daily capacity of 500 plastic folders.

Depreciation (fixed assets write off) assumes 4 years life of assets write off at 25% per year for all assets.

Direct costs include: materials, supplies and other costs that directly go into production of the product.

 

Project Product Costs and Price Structure in US$

Source of Supply of Raw Materials and Equipment

Raw Materials and Equipment can be imported from China and India.

Government Incentives

Government has scrapped taxes on scholastic materials in a bid to boost the education sector

BUSINESS IDEA FOR MAKING SCHOOL BAGS

 

Introduction

The idea is premised on production and marketing of 20,800 bags per month which translates into 249,600 bags per year. The potential for income is estimated at USD 31,200 per month, or USD 374,400 annually. The business has a good market demand throughout the year especially at the beginning of term. This kind of investment can cost about US 5, 027

Production Process

The cutting of the raw material requires talent, as does the stitching and fastening of the accessories before it is packaged for shipment. To guard against easy interior ripping, a liner is fixed.

Market Analysis

The need for these backpacks is increasing as more youngsters are enrolling in school and colleges. As a result, there is a ready market for bags with neat stitching. Other bags, such as transport sacks, may also contain the plant. These are all readily marketable in every nation on earth.  

 

Production costs assumed are for 312 days per year with a daily capacity of 800 School bags.

Depreciation (fixed assets write off) assumes 4 years life of assets write off at 25% per year for all assets.

Direct costs include: materials, supplies and other costs that directly go into production of the product.

 

 

Source of Supply of Raw Materials and Equipment

I recommend Raw Materials and Equipment’s to be gathered in our local environment to that we will support the local business too

 

Government Incentives

Follow all rules and regulations of local and central government to so that the production should not face unnecessary disturbance

Rich Dad's Guide to Investing

 

Rich Dad Guide to Investing is a book written by Robert Kiyosaki, the author of the bestselling book "Rich Dad Poor Dad." The book is a guide to investing and building wealth, based on the principles of Kiyosaki's "Rich Dad" philosophy.

The book covers various aspects of investing, including stocks, bonds, mutual funds, real estate, and entrepreneurship. One of the key themes of the book is the importance of financial education and taking control of one's financial future. Kiyosaki argues that traditional education does not teach people how to manage money or build wealth, and that it is up to individuals to educate themselves on these topics.

Kiyosaki also emphasizes the importance of taking calculated risks in investing and learning from failures. He encourages readers to think like entrepreneurs and to seek out opportunities for passive income streams.

Overall, "Rich Dad Investment" provides a comprehensive overview of different investment strategies and offers practical advice for those looking to build wealth over the long term.

CATCH ME IF YOU CAN

 Catch Me If You Can is a 2002 American biographical crime film directed and produced by Steven Spielberg. The movie is based on the life of Frank Abagnale, who, before his 19th birthday, successfully performed cons worth millions of dollars by posing as a Pan American World Airways pilot, a Georgia doctor, and a Louisiana parish prosecutor.

The film stars Leonardo DiCaprio as Abagnale Jr., an FBI agent pursuing him, played by Tom Hanks, and Christopher Walken as Frank Abagnale Sr. The movie depicts Abagnale's life of crime and how he managed to evade the authorities for years while living the high life.

Throughout the film, Abagnale uses his charm and wit to manipulate people into giving him what he wants. He manages to forge checks worth millions of dollars and even becomes a co-pilot for Pan Am airlines without any formal training. However, as the FBI closes in on him, he starts to feel the pressure of his double life.

In the end, Abagnale is caught and sentenced to prison. However, due to his exceptional skills, the FBI offers him a deal to work for them instead of serving out his sentence. He accepts the deal and goes on to help the agency catch other con artists like himself.

Overall, Catch Me If You Can is an entertaining and thrilling movie that showcases the incredible true story of one man's ability to con his way through life.

THE LIFE STORY OF THE ROCK

 Dwayne Douglas Johnson, popularly known as "The Rock," is a renowned American actor, producer, and retired professional wrestler. He was born on May 2, 1972, in Hayward, California, to Ata Maivia and Rocky Johnson. His father was a former professional wrestler who was part of the first black tag team to win the World Tag Team Championship in the World Wrestling Federation (WWF).

Growing up, Johnson moved around frequently due to his father's wrestling career. He attended various high schools in Hawaii before eventually enrolling at the University of Miami on a football scholarship. After an injury sidelined his football career, he turned to wrestling and trained under his father and Pat Patterson.

Johnson made his wrestling debut in 1996 with the WWF under the ring name Rocky Maivia, a combination of his father's and grandfather's ring names. He quickly became a fan favorite and won his first WWF Championship in 1998. He later changed his ring name to The Rock and became one of the biggest stars in professional wrestling history.

In 2000, The Rock began pursuing an acting career and made his film debut in "The Mummy Returns." He went on to star in several successful films such as "The Scorpion King," "Fast Five," and "Jumanji: Welcome to the Jungle." He has become one of the highest-paid actors in Hollywood.

Aside from his entertainment career, The Rock is also known for his philanthropy work. He has worked with several charities such as the Make-A-Wish Foundation and has donated millions of dollars to various causes.

In 2020, The Rock announced that he had tested positive for COVID-19 along with his family but has since recovered.

20 SKILLS YOU SHOULD LEARN THAT WILL PAY YOU FOREVER

 

Ability to sell and negotiate

Ability to convey what you think and feel

Ability to break a process down into smaller steps

Ability to shut up, listen and learn from others

Ability to adopt, improvise and overcome obstacles

Ability to walk away

Ability to manage time effectively

Ability to stay positive and optimistic

Ability to write words to persuade and influence others

Ability to speak in front of large audience

Ability to keep trying even after failure

Ability to invest money

Ability to do things irrespective of the situation

Ability to self-analyze

Ability to learn how to learn

Ability to understand what others feel

Ability to remain consistent

Ability to master your thoughts

Ability to take decision based on facts and not based on emotions

Ability to ask for help

BEFORE THE AGE OF 40, SET ASIDE 100 MINUTES EACH DAY TO LEARN THESE SKILLS

 

#1. Leadership

All great achievements are the result of people working together

leadership skills are necessary to organize a team and make sure everyone's efforts are pushing the same direction 

#2. Business Strategy

Even a simple, efficient business has a lot of moving parts

An entrepreneur needs to understand the demand for their products, how to promote them, where to source them, and how to deliver them to their customers

#3. Sales

No matter what type of business you're in, everythin comes down to sales.

knowing how to sell any product,idea or even yourself to potential clients and customers is a critical business skill

#4. Communication

Every entrepreneur will need to communicate with employees, investors, clients, customers, contractors, peer and mentors

In fact, communication is probably the thing most entrepreneur spend most of their time doing