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Yes, I have consulted many of these light manufacturing\ retail operations in the past. Research the competition in your home town, buy your products such as wicks and wax in bulk, and then manufacture your candles in the garage of your own home. Research marketing techniques and pricing for your product........ and that's all you need. Average unit yield in terms of profit is $10-12 dollars.
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What are the nature and concept of feasibility study?
helpfull in decission making to know the business opportunity. adoptive profitable business plan.
What is the importance of fixed costs versus variable costs in making a business profitable?
The importance of knowing which costs are fixed and which costs are very important in making a business profitable. In order to budget effectively, one needs to know costs that will always be the same (fixed) and the ones that sometimes change (variable).
What is the meaning of lucrative?
Yielding lucre; gainful; profitable; making increase of money or goods; as, a lucrative business or office., Greedy of gain.
Example of feasibility study for a business like soap making?
A feasibility study figures out if starting out a business would be profitable or viable. There is a complete feasibility study, done in Nigeria, on soap-making, that is available for view on YouTube.
What are profitable and non profitable organization?
A profitable organization refers to an organization that is run with the purpose of making profits. A non-profitable organization on the other does not making any profits and mostly depends on donors for their operations.
Where can one obtain a candle mold online?
You can obtain a candle mould online from the following sources: The Candle Making Shop, Candle Wic, eBay, Candles of India, Michaels, Candle Mould, Candle Making, Spirit Crafts.
What chemical is used in candle wax making?
During the process of candle making, there are various items in use for candle making. For example, wax, which is a hydrocarbon compound derived from various sources. Another chemical involved in candle making would be Stearic Acid, this particular materials is used to improve and enhance the texture and hardness of candle. If you wish to learn more about candle making, please check out ohcans candle for more tutorials.
What are facts about candle making?
Candle making facts are people enjoy the process of personalizing the candle. You must be neat about it. And there is a certain way to place the wick for best burning.
Is it necessary to incorporate an online business that is not yet making a profit?
If you are interested in your business being a corporation, than you should incorporate before making a profit, not after. It is just one of the first steps to a successful business and will help you in both record-keeping and being prepared to file your taxes after you become profitable.
What are the importance of financial management in any business organization?
Financial management is the managing of income and expenditure and also about making decision that will enable the business to survive financially. The aim is to create ggggggggggggwealth and generate cash in order to make the business profitable.
How do you get candle wax?
You can get candle wax from stores that sell candle-making supplies or online retailers that specialize in candle-making materials. Alternatively, you can also repurpose old candles by melting them down and reusing the wax for new candles.
Is it profitable puff rice making business you want to buy a puff rice making machine and a packing machine and you want to do business by selling puff rice is it profitable?
Bear in mind that there is already a puffed rice product on the market, called Rice Krispies, which is made by Kellogg's, and has excellent distribution and is available pretty much everywhere. If you want to sell puffed rice, you would be competing with this established product. That could be difficult.
