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