BUSINESS IDEA FOR MAKING MOSQUITO REPELLENT MATS

 

Introduction

The objective is to build a facility to produce mats that repel mosquitoes. The production of 1,560 packs every month, or 18,720 packs annually, is the basis for this company concept. The potential for income is assessed at US$15,600 per month, or US$187,200 per year. The project's initial three months of operation will cost US $ 83,703.

Production Process

The printed filter pad is given a blue hue, is power-pressed into pieces of the desired mat dimensions, and is then automatically impregnated with a solution of chemicals and fragrances. The carpets are vacuum dried before being stored in sealed containers. By means of automatic sealing devices, these mats are packaged in plastic sheets as strips.

Market Analysis

The country's market for mosquito mats is expanding. To combat malaria, the mosquito mats can be distributed to schools, colleges, barracks, camps, jails, hospitals, and for use at home.

Capital Investment Requirements in US$

Item	Unit	Qty	Unit cost	Total
Tablet Punching Machine	No	1	2,500	2,500
Shearing Machine	No	1	1,500	1,500
Mechanical Formulation and Storage Unit	No	1	1,500	1,500
Weighing Machine	No	1	50	50
Strapping Machine	No	1	2,000	2,00
Hand tools	No	5	100	500
Stainless Steel funnels	No	2	200	400
Total Cost of Machinery

 

Production and Operating Costs in US$ Direct Material, Supplies and Costs

Cost Item	unit	Unit Cost / day	Qty/ day	Prod . cost/ day	Prod. Cost/ month	Prod. Cost/ yea
Synthetic Pyrethrum	Ltrs	5.0	3	15	390	4,680
Pepperoni Butoxide	Ltrs	5.0	3	15	390	4,680
Perfumes	Ltrs	5.0	2	10	260	3,120
Dyes	Ltrs	2.5	5	13	325	3,900
Absorbing Paper Sheet	Bundle	0.5	300	150	3,900	46,800
Packing Plastic Sheet	Bundle	0.05	300	15	390	4,680
Sub-total					5,655	67,860

 

Prod. Cost/ month	Prod. Cost/ month	Prod. Cost/ year
Utilities (power)	75	900
Utilities (water	15	180
Salaries	200	2,400
Rent	150	1,800
Depreciation (Assets write off) Expenses	176	2,113
Sub-total	616	7,393
Total Operating costs	6,271	75,253

 

Costs of production were calculated using a daily capacity of 300 mats over a 312 day year. Depreciation (the write-off of fixed assets) assumes a 4-year asset life and a 25% annual write-off rate for all assets. Materials, supplies, and other expenses directly related to the manufacture of the good are considered direct costs.

Product Cost and Price Structure In US$

Item	Qty/ day	Qty /yr	Unit cost	Prod. cost /yr	Unit price	Total Revenue
Mosquito repellant mats	300	93,600	0.8	75,253	2	187,200

 

Profitability Analysis in US$

Profitability item	per day	per month	per year
Revenue			187,200
Mosquito repellant mats	600	15,600	75,253
Less Prod & Operating Cost	241	6,271	111,948
Profit	359	9,329