MAKING ARTIFICIAL SILK FLOWER
Introduction
There are many types of artificial flowers including those made from glass, paper, porcelain and plastic, just to name but a few. The most popular artificial flowers are made from silk. All petals are made from white silk cotton and rayon fabric, regardless of the finished colour. The demand for silk flowers arises from the fact that they last much longer than natural flowers.
Production Capacity
The capacity of the firm depends on the type/design and size, however, it is estimated that at least 20 silk flowers can be produced per day. Production Technology The process of making artificial flowers requires simple technology with a little artistic knowledge especially in flower designs.
Process
The fabric is die-cut into many petal shapes and sizes for one single type of flower. In the first process the petals are dyed using cotton balls and paint brushes to touch colour onto the petals beginning from the edge of the petal working towards the center. The dyeing of one petal can take up to an hour of concentrated work.
Raw Materials
The basic raw materials include: fabrics of silk, wires, corn starch, and clear fast-drying glue.
Equipment & Tools
The essential tools and equipment include: Scissors, wire cutter, paint brush,
sewing thread and needles, foam rubber mat, and cardboard.
Scale of Investment & Capital Investment Requirements:
This project will be run on a small scale basis where at least 520 silk flowers
will be made in a month. The fixed capital investment costs required to start
this project are estimated at 86USD.
Market Analysis
The demand for artificial silk flowers arises from the fact that they are durable; they last longer compared to natural flowers. The market for silk flowers is very high in residential houses, factories, hotels, offices, and even overseas. Natural flowers wither in a few days and they are quite expensive. Artificial Silk flowers are mainly from Recreation centres, Tourist Camps, and Vocational Learning centres spread across the country.
Project Costs
1. Capital Investment Requirements in US$
|
Item |
Units |
Qty |
Unit |
Amount $ |
|
Scissors |
No. |
2 |
8 |
16 |
|
Mat |
No. |
1 |
20 |
20 |
|
Card Board |
No. |
1 |
40 |
40 |
|
Needles |
No. |
2 |
5 |
10 |
|
Total Amount |
86 |
2. Operating Costs in USS
|
Item |
Units |
Unit |
Qty/d |
Prod. |
Prod. |
Prod. |
|
Direct Costs |
||||||
|
Fabrics |
Mtrs |
4 |
20 |
80 |
2080 |
24960 |
|
Corn |
Ltrs |
5 |
5 |
25 |
650 |
7,800 |
|
Threads |
Roll |
5 |
1 |
5 |
130 |
1,560 |
|
Glue |
Ltrs |
7 |
1 |
7 |
182 |
2,184 |
|
Pigments |
Ltrs |
9 |
10 |
90 |
2,340 |
28,080 |
|
Sub total |
127 |
3,302 |
39,624 |
|||
|
General Costs (Over heads) |
||||||
|
Rent |
200 |
2,400 |
||||
|
Labour |
300 |
3,600 |
||||
|
Utilities (Power & Water) |
100 |
1,200 |
||||
|
Sub - total |
600 |
7,200 |
||||
|
Total Operating Costs |
3,902 |
46,824 |
3. Project Product Costs & Price Structure in US$
|
Item |
Qty/d |
Qty/yr |
Unit |
Prod |
Unit |
T/rev |
|
Silk |
20 |
7,300 |
6.4 |
46,824 |
10 |
73,000 |
4. Profitability Analysis in US$
|
Item |
Per day |
Per |
Per Year |
|
Revenue |
200 |
5,200 |
62,400 |
|
Less: Production & Operating Costs |
127 |
3,902 |
46,824 |
|
Profit |
73 |
1,298 |
15,576 |