School Chalk Production in Nigeria; The Feasibility Report.
School chalk is obtained from the mixture of Plaster of Paris (POP) and calcium carbonate, moulded into shape and dried.
It is normally used in schools to write on boards as a means of instruction to students. Chalk is also used by carpenters, tailors, construction workers, furniture makers, surveyors etc.
It is normally advantageous because it does not generate any dust and so, does not pose any health hazard to the body. They are therefore, indispensable items as a daily requirement in homes and schools.
The process of chalk production is very simple and straight forward. The major equipment you need for school chalk production is Chalk Mould; others include Brushes or foam, Hand Gloves, Mixing Bowl or Bucket.
The raw materials used for the production of chalks and their functions are
• Plaster of Paris (POP) – this is the major raw material required for the production of school chalk.
• Calcium Carbonate – this is used in chalk production as a filler; it also makes the chalk dustless.
• Water – water is used for mixing Plaster of Paris and Calcium Carbonate to produce chalk.
With the growing number of schools in Nigeria, chalk business is still one of the most lucrative activities today because the demand is strong. Even in spite of the current economic situation you can still smile to the bank with cool cash as you don’t need much marketing to sell your product.
The advent of marker boards likewise has not affected school chalk business from thriving in this part of the world.
The production plant comprises of Weighing Scale, Mixer, Mould, Dryer, Accessories, Generator and Wood Pallets.
The production capacity of the proposed plant is forty eight thousand, eight hundred and eighty (48,880) pieces per day and it would operate at ninety percent (90%) of the installed capacity for three hundred (300) working day producing about two thousand, one hundred and ninety-six (2,196) cartons of ten (10) packs of one hundred (100) pieces of chalk bi-monthly.
This report seeks to examine the financial viability or otherwise of producing chalks in Nigeria.
Table of Contents
EXECUTIVE SUMMARY 1.0 Business Overview 1.1 Description of the Business 1.2 Vision and Mission Statement 1.3 Business Objective 1.4 Critical Success Factor of the Business 1.5 Current Status of Business 1.6 Description of the Business Industry 1.7 Contribution to Local and National Economy 2. Marketing Plan 2.1 Description of product 2.2 Product Packaging and delivery 2.3 The Opportunity 2.4 Pricing Strategy 2.5 Target Market 2.6 Distribution and Delivery Strategy 2.7 Promotional Strategy 2.8 Competition 3. Production Plan 3.1 Description of the Location 3.2 Raw Materials 3.3 Production Equipment 3.4 Production Process 3.5 Production Cost 3.6 Stock Control Process 3.7 Pre-Operating activities and expenses 3.7.1 Operating Activities and Expenses 3.8 Project Implementation Schedule 4.0 Organizational and Management Plan 4.1 Ownership of the business 4.2 Profile of the promoters 4.3 Key Management Staff 4.3.2 Management Support Units 4.4 Details of salary schedule 5. Financial Plan 5.1 Financial Assumption 5.2 Start -up Capital Estimation 5.3 Source of Capital 5.4 Security of Loan 5.5 Loan Repayment Plan 5.6 Profit and Loss Analysis 5.7 Cash Flow Analysis 5.8 Viability Analysis 6.0 Business Risk and mitigation factor 6.1 Business Risks 6.2 SWOT Analysis
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