New Year Special: BUSINESS PLAN FOR MAKING BOLTS AND NUTS

The product's introduction
This business concept is for the manufacture of bolts and nuts. A bolt is a cylindrical piece of metal used to connect items. A nut is a hexagonal or square object with a central threaded hole. In the industrial sector, nuts and bolts are in high demand.The company intends to produce 2,600 kg of bolts and nuts every month. With a 10% sales margin, the revenue potential is predicted to be US$ 241,800 per year. The project's total capital investment is US$ 19,113.

Capacity for Production
The planned mill will have a daily capacity of 100 kg of bolts and nuts while working on a single shift of eight hours per day for 300 days per year.

The manufacturing procedure
After putting steel rod into a double stroke cold header machine, the bolt head is created. The bolt is then machined to a square or hexagonal shape with a bolt head trimmer, and the threads are cut on a thread-rolling machine. Steel rods are fed through an automatic nut forking machine for nuts, and the semi-finished nuts are fed into a tapping machine for internal threading. The nuts and bolts are normalized in a heat treatment furnace to relieve cold bolts and nuts generating stress. 

Market research
Bolts and nuts are in high demand, particularly in the construction, mechanical, and industrial sectors.

Sources of Supply of Equipment
All equipment can be got from the local market at lower costs

 

 

Production is assumed for 312 days per year.
Depreciation assumes 4 year life of assets written off at 25% per year for all
assets.
A production Month is assumed to have 26 work days.

 

Source of Supply of Equipment and Rawmaterials
Equipments and Rawmaterials can be imported from Japan and
Taiwan.