Candle making in Kenya is
still a very green business venture that holds a realistic and stable future.
Ask yourself or even your grandfather and you'll realize that candle sticks
have never depreciated in value despite the many lighting options that exist.
In fact this product has very many functions apart from being used as a source
of light. Keep your concentration as you read bellow to discover the millions
right behind candle making in Kenya
.
In fact, for you are reading
this, I may say that luck is right by your side. Sounds good! Huh? It's not
a joke. The facts behind candle making in Kenya are as open as daylight and
you'll see them right here. For your information, whenever you think of new a business idea its good do some market research so as to establish whether there’s demand for it. You can begin with your immediate local market, and then advance
to other small centers.
What makes candle market outstanding?
As an immediate lighting
alternative, candle becomes just like a basic need. Every house especially in
developing countries must possess at least a candle stick. Yes, there are
established power lines that provide electricity but this can never wipe-out the
need for candles. Even you reading this you must have so far realized its
essence. Another fact is that kerosene lamps are no longer used as before since
they've been noted as unsafe and even expensive. Unsafe in the view that once
the lamp is knocked down, the paraffin spreads faster hence raising its
destractive ability in case of a fire accident.
Second, buying a kerosene
lamp plus the paraffin is very expensive. With as low as 10/= a house hold can
get a 5 hours candle light. While on the other hand, an empty kerosene lamp
goes for 500/= plus let's say another 10/= for the paraffin. Despite all these,
still the 10/= worth of paraffin will hardly serve you for even 3 hours. So you
can see financial analytic that highly approves candle making in Kenya.
So who can engage in this candle making business?
The answer is anybody both as
long as you get the necessities to kick start. The requirements to begin candle
making business are almost the same worldwide. All you need is a candle making
machine, materials and a source of heat for melting.
Material availability
Candle Wax is the prime
material required in this business and which is also cheap and readily
available. If you decide to begin as a small scale business candle in producer
in Kenya, you have no reason to worry since you can outsource the wax from the
few importers. One well known importer of wax is a company known as DESBRO,
which is located in Nairobi industrial area.
Machine cost
Now when it comes to machine
cost, what matters is the number of holes that defines the price. One mold
(hole) in average costs 1000/=, so if you want a 20 mold machine it simple
means you'll pay khs20, 000. For 100 holes candle making machine, that is
equated to 100,000/=. Remember that the only costly asset here is the machine
but it’s an investment worth acquiring considering the returns.
Packaging cost
You can decide to brand you
product with neat packaging in the quest to make it appear more industrial and
official. And off-course all this is done cheaply.
Expected profit
Candle making in Kenya is
very profitable as earlier mentioned. There is always ready market for candle
products and mostly when you are dealing with lighting candles. For instance,
with a 25 kg wax box, you can be sure to produce 1000 candles. So let's do the math,
one box of fully refined wax that weigh 25kgs will cost you 4500/=. The other
expenses like fuel cost, and transport may on the higher side cost you another
500.
Now take 4500 material cost,
plus the 500 expense cost you get 5000/=. So in simple terms, we can
comfortably say the production cost of candle making in Kenya is 5000/= per
box. Therefore you only need to sell each candle at a throw away price of 10/=
to get 10,000/=, a 100percent profit for each production turn.
Labels: Job Creation in Kenya