project feasibility report
TRANSCRIPT
PROJECT FEASIBILITY REPORT
“WAX CANDLES”
A ProjectSubmitted in partial fulfillment of the requirements for
The award of the degree of
“BACHELOR OF BUSINESS ADMINISTRATION”
DEPARTMENT OF MANAGEMENT
BIRLA INSTITUTE OF TECHNOLOGY ALLAHABAD CAMPUS
PRESENTED BY:
VINEET LAKRA BBA/3077/08 &
PUSHPRAJ SONI BBA/3013/08
CONTENTS COMPANY PROFILE
MARKET RESEARCH
MEANING WAX CANDLE
INTRODUCTION OF COMPANY & PRODUCT
HISTORY OF CANDLE
TYPES OF CANDLE
MANUFACTURING PROCESS
RAW MATERIAL
EQUIPMENT
MARKETING &SALES
FINANCIAL STATEMENT
CONCLUSION
ACKNOWLEDGEMENT
This project feasibility report is an outcome of the genuine support of many well wishers, friends and it is because of of the co – operation that we received from various ends that this report has attained the shape that it deserves.
First of all we would like to thank Prof. Nidhi Tiwari, our project guide for his expert supervision and valuable guidance without which this project would never have been a success.
We are extremely grateful to Dr. A.K. Mahanty, professor and HOD (Management), BIRLA INSTITUTE OF TECHNOLOGY.We would like to thank all other guides who helped us in acquiring necessary information regarding this project.
Lastly we would like to thank our fellow mates for their consistent support.
COMPANY PROFILE
Name of the unit:-V.P. Wax Pvt. Ltd
Location:- Industrial belt of Naini, Allahabad
Constitution:- Partnership venture of two partners
Name of the partners:-Vineet LakraPushpraj Soni
Size of unit:- Small scale industry
Product to be manufactured:-Wax Candle
Brand Name:- Bright Wax Candle
Total Investment:- 53000
MARKET RESEARCH
We have conducted the market research which has given us the result that
there is great demand for candles in rural as well as in urban markets due to
frequent power cut in urban areas. Yet the candle has survived due to specific uses
it is put to viz; in churches as a religious relic, an essential item at birthday
ceremonies, to melt the sealing wax used to seal locks of factory go down etc. now
days candle is used for decoration in hotels and restaurant it is used in house as
showpiece.
MEANING WAX CANDLE
Throughout time, candles have also held some symbolic meaning. There are
candles for christenings, candles for holidays whether you are Christian, Muslim,
Jewish or any other religion and there are candles that reflect a deeper meaning,
whether it is a meaning of celebration or a meaning of love.
The colors of individual candles have different meanings as well and many
people, although not knowledgeable about the different colors, are at the very least,
interested in the meanings.
INTRODUCTION OF COMPANY & PRODUCT
V.P. Wax Pvt. Ltd has been established in 2010. It is located in phase
Industrial belt of Nain, Allahabad. The name of the product is Bright Wax Candle,
which we have recently launched in the market. We have started our form by
producing normal candles after observing the demand of the customer we decided
to launch Wax candle with various shape & Size Company’s main objective is
customer satisfaction.
HISTORY OF CANDLE
While the word candle came from the Latin candere, meaning "to shine,"
candles are thought to have originated several millennia ago (3000 BC) in Egypt
and Crete. The first candles were made from animal fat, also known as tallow. The
torch was a large variant of candle used especially for lighting bigger places,
usually outdoors because of the smoke they released. The Romans introduced
candles with wicks using them to aid travelers after dark and lighting homes and
places of worship at night.
During the middle Ages beeswax, a substance secreted by honey bees to
make their honeycombs, was introduced. Beeswax candles were superior to those
made with tallow because they did not produce a smoky flame or emit an acrid
odor when burned. Unfortunately, beeswax was extremely expensive and only the
rich could afford it.
Candle makers, known as chandlers visited homes to make candles. Using
the residents’ own tallow or beeswax, chandlers would dip wicks to craft tapers in
exchange for payment. Many of these chandlers also opened and maintained the
first shops that sold candles.
In Colonial America, women discovered that boiling the grayish green
berries of bayberry bushes resulted in a clean burning wax with a sweet scent.
Because the extraction of the wax from the bayberries was extremely tedious, the
popularity of bayberry candles soon faded.
TYPES OF CANDLE
SKULL CANDLE:
Use this for a thick skull! When you have to get inside someone's head, this is the
ticket. Ellegua, remover of all obstacles is at work here. Use Uncrossing Oil.
MALE FIGURE CANDLE:
This is used singularly to attract a man to come to you. We use this with a Female
Figure, and the Spell is to bring the lovers together. Both ways accomplish the
same thing; it depends on how you want to work it. Figure Candles are good for
developing visualization. I recommend burning these in front of a Come to Me
Candle or Hypnotic with Midnight or Mystery Oil. On the Figure Candles you
have a very potent combination. Burn Passionate Lovers Incense and you have
amour extraordinaire.
FEMALE FIGURE CANDLE:
This works the same way as the Male Figure, but here's a very interesting variation
for women who are shy, or just in a rut. Take your Figure Candle and anoint it with
either Passion Oil or Voodoo Nights Oil. Burn this in front of a Flirtation Candle
and you'll not only find yourself getting there to meet men, you'll be a {HOT}
number! Here's a little secret: having problems keeping a man once you've met?
Then burn a White Figure dressed with Femme Blanche Oil in front of a Femme
Blanche Candle.
CAT FIGURE CANDLE:
Luck is the key here and that's what those in the know of Voodoo use for their
gambling winnings. Anoint a Black or Red Cat Candle with Gambler's Oil, and
burn in front of a Lucky Seven Candle HINT: {your lucky numbers can be
inscribed on both your Lucky Seven and Cat Candle for extra Power} Need a
change of luck in general? Burn a Red Cat Candle dressed with Lucky Lodestone
Oil in front of a Solar Blast Candle that's been dresses with 9 Fruits Oil or Ode to
Joy Oil.
WITCH CANDLE:
Care to be a Witch someone Special? Then use a Red Witch Candle anointed with
Bewitching Oil and burns this in front of a Midnight
Candle. Both names should be included on the Witch Candle. Use Black Opium
Incense or Voluptuous Venus Incense while the party
Is there. The effects are DAZZLING.
DEVIL CANDLE:
Famous for their lucky attributes. Voodoo Root men use them often. You know the
phrase “Lucky Devil "? Well, these candles are anointed with Flying Devil Oil and
burned in front of an Uncrossing Candle. I've seen people with the worst problems
have them turn around. This works best on Red Devil's. If you can't obtain a Red
Devil Candle and you want to use this spell, then use a plain Red Candle instead.
CROSS CANDLE:
Did you ever hear the expression; “He has to heavy a cross to bear?” There is a
wonderful booklet written called Secrets of the Psalms. Burn an Uncrossing
Candle anoint with Hyssop or Uncrossing Oil. Use Hi John Incense and read the
appropriate Psalm over the candle. This works very well with all the Enchanted
Candles, but the best with Uncrossing, House Blessings, Healings, Solar Blasts and
the like. They are all right for Love and Money, but better when used for the more
Spiritual needs.
DEVOTIONAL FIGURE CANDLE:
Dolphins, Seashells, Unicorns, etc. In this case, choose what suits the spell. I have
found that if the Goddess or God wants an offering they will guide you to it. For
example: Erzulie's an Ocean Dweller, so Seashells are appropriate. To light a
Seashell Candle in Her honor will most certainly get her attention and appreciation.
SEVEN DAY SAINT CANDLE:
These mostly describe themselves. Usually a Prayer is included on the candle,
which will explain what the candle is for. If you're unsure and you are buying your
stock in a reputable store, the staff will be able to help answer some questions for
you. I strongly advise you buy your Magical supplies in a store with good vibes, as
these will absorb negativity, which will lessen the strength and Power of your
Spell. Some Deities will not even come when summoned if the supplies the spell is
conjured with are unclean.
MANUFACTURING PROCESS
For hundreds of years the basic "art" of hand pouring candles remained
relatively unchanged. In simple terms making a candle involved melting wax,
coloring, scenting and pouring into molds. Along the way, gradual changes were
made in the process and in the industry such as pouring into glass containers,
development of new types of molds and even pouring wax into sand to make
candles.
In our estimation, more changes have occurred in the hand pouring of
candles in past number of years than the previous 100 years. Companies and
individuals can now "accessorize" their operation to make the process of hand
pouring much easier.
Several of the early developments, which may not have been considered
revolutionary at the time, have made life easier for the candle maker. Two
examples include the pre-wick assembly and "blended waxes."
The pre-wick assembly has made life much easier for companies of all sizes
when making votives and container candles. Having the wick waxed, cut and a tab
placed on it accuser
RAW MATERIAL
Hard paraffin wax
Satiric acid
Hydrogenated vegetable oil
Perfume
Color
EQUIPMENT
Wick:-
For this use of soft cotton thread in double or triple lines is made to get a
smooth and constant flame these may be designated by numbers 3-5, 3-8, 3-10 etc.
Indicating the number of stands pleated together this 3-5 denotes a wick of 3
threads each of 5strands pleated together.
Molding machine:-
These consist of two metallic blocks which when jointed together for a row
vertical moulds. The melted wax is poured in to moulds in which the wicks are
first set in the inside of the moulds cavities are smeared with little mineral oil like
liquid paraffin, kerosene etc. or any vegetable oil to prevent sticking of the candles
facilitating their easy removal . The moulds made of aluminum, bronze, rubber etc.
Are available in different shapes and sizes.
Metallic through:-
An outer vessel in which the mould are kept for cooling and setting the wax
mixture and other minor equipments.
Steel or Aluminum vessels:-
like kadhai to melt the wax mixture.
MARKETIING & SALES
Now days the popularity of candles is increasing because of candles is increasing because of changing life style of people. People are not only use candles for lightening purpose but also for decoration purpose and in hotels for candles light dinner. So our target market is local hotels & restaurants churches candles are still using for power failure.
We produce our product as per customer as per customer demand .we have our own transport facility because of that customer get. Product at lower price than other so our product demand increasing day by day.
CONCLUSION
When we establish our company market our first product is normal white candles after the success of those candles. Now we are launching perfumed candles. If we get good response from customer we planning for launch the new product that is colour flame candles.