Candle Wonders Pvt. Ltd. is a partnership firm located in Bengaluru that manufactures and trades candles. Their vision is to light up every family's life through producing a variety of quality candles at reasonable prices. They plan to target both rural and urban markets in India. The production process involves heating wax, pouring it into molds, shaping the candles, and packing them. They estimate annual sales of Rs. 10 lakhs and break-even point at 24,250 units based on projected costs and revenues. The financial plan shows sufficient funds are available to start operations.

1. Lighting up your life

2. General Information
 Name of the Firm :Candle wonders pvt. Ltd.
 Type of Organization :Partnership Firm
 Name of Partners :Sudesh B. Nair
Siddharth V. J
 Project :Candle Industry
 Location :Bengaluru

3. Objective
 Our s is a Young Enterprise company dealing in manufacturing and trading of
candle’s for the product market.
 We as a company aim to produce and sell variety of candles to the general
public.
 Wanting to reach Maximum people and provide a warm and a lovely glow to
their life.

4. Vision & Mission
VISION:-
 To light up the life of each and every family.
MISSION:-
 To become a dominant player in the chosen field and to spread the light in the
world.

5.  Candles have come a long way since their initial use.
 Although no longer man’s major source of light, they continue to grow in popularity
and use.
 Today candles symbolize celebration, soothe senses, define ceremony, and accent
home decors- casting a warm and lovely glow for all to enjoy.

6. PRODUCTION PROCESS
 First the wax is been heated and is converted into liquid.
 The liquid is then filled into mould machines which convert’s the liquid into
solid form.
 Later it is sent to camphor machine which gives shape to the candles.
 And at Last it is sent for packing. This process takes 3 hours to produce 200
candles.

7. MARKETING PLAN
 Target Market
 In India problem of electricity is known as one of the big problem mainly we concentrating on villages
1,80,000 villages are there in India and using candles rural people are our target as well as urban people
this problem is all over in country
 Marketing Mix-4 P’s of Marketing
 Product
 Candles-Features good quality with low price.
 Price
 Depends on the type- Reasonable Price
 Promotion
 Our product is promoted through:
 Catalogs and Pamplets
 Advertisements in local news paper.
 Place
 We have adopted direct marketing with no intermediaries. Our product is marketed online through our
own website and our own retail outlet in all cities.

8. HUMAN RESOURCE PLAN
Sr.No Particulars No Wages/
Salaries (PM)
Annual
Expenses
1 Managers 1 5,000 60,000
2
Semi skilled
Labours
2 3,500 84,000
3
Unskilled
Labours
4 2,500 1,20,000
Total 7 2,64,000

9. Raw material
Sr.
No.
Particular Amt per unit
1 Wax 2.00
2 Thread 0.50
3 Colors 0.50
4 Packaging 1.00
Total 4.00

10.  Production Program:
No. of working days per annum - 300 days
No. of working shifts (8 hrs per day)
Installed Capacity (per day) – 400 Candles

11. FINANCIAL PLAN
Sr.
No.
Description Nos. Required Rates Total Value (Rs)
1 Chalk moulds 2 25,000 50,000
2 Camphor
machine
2 20,000 40,000
3 Heater 1 20,000 20,000
Total 1,10,000
Machineries / Equipments:

12. Total cost of the Project:
Sr. No. Particulars Total Value
1 Fixed Capital
i. Land & Building
ii. Machineries
2,50,000
1,10,000
2 Working Capital 1,00,000
3 Preliminary & Pre-Operative
Expenses
20,000
Total Value 4,80,000

13. Source of Finance:
Sr. No. Particulars Amount
1 Partners Investment
(2,50,000 each)
5,00,000
Total Value 5,00,000

14. Estimated Cost sheet
Particulars
Amount
Per units Fro 400 unit
Direct material 4 1600
Direct labour 1 400
Prime cost 5 2000
Add Factory Overhead 1 400
Works cost 6 2400
Add Administrative Overhead 1 400
Cost of production 7 2800
Add Selling and Distribution Overhead 1 400
Cost of product 8 3200
Profit 2 800

15. Calculation of B.E.P
 Sales = 10 * 1,00,000 = 10,00,000
 Variable cost =6 * 1,00,000 = 6,00,000
 Fixed cost =97,000
 Contribution = Sales – Variable Cost
 = 10,00,000 - 6,00,000 = 4,00,000
 Profit volume ratio = Contribution*100
 Sales
 = 4,00,000* 100
 10,00,000
 = 40%
 B.E.P = Fixed cost * 100
 P/v ratio
 = 97,000 * 100
 40
 =2,42,500
 B.E.P in units = 2,42,500 = 24250 units
 10

16. FINANCIAL STATEMENTS
Particulars Amount Particulars Amount
To Purchases 4,80,000 By Sales 10,00,000
Manufacturing
Expenses
1,20,000 Closing stock 2,00,000
Wages 2,04,000
Gross profit c/d 3,96,000
Rs. 12,00,000 Rs. 12,00,000
To Salary 60,000 Gross profit b/d 3,96,000
To Distribution exp 1,00,000
To net profit c/d 2,36,000
Rs 3,96,000 Rs 3,96,000
Trading and Profit and loss account
Dr For the year ending 31st march 2016 Cr

17. Balance Sheet As on 31st march 2016
Liabilities Amount Assets Amount
Capital 5,00,000
Add net profit +2,36,000
7,36,000 Land & building 2,50,000
Less Depn @5% -12,500
2,37,500
Creditors 65,000 Machinery 1,10,000
Less Depn @10% -11,000
99,000
Investment 2,00,000
Debtors 1,20,000
Preliminary Exp 20,000
Less Written off - 2,000
18,000
Cash in hand 1,26,500
Rs 8,01,000 Rs 8,01,000

18. FINANCIAL STATEMENTS
Particulars Amount Particulars Amount
To Opening Stock 2,00,000 By Sales 13,50,000
To Purchases 5,80,000 Closing stock 2,00,000
Manufacturing
Expenses
1,95,000
Wages 2,24,000
Gross profit c/d 3,51,000
Rs. 15,50,000 Rs. 15,50,000
To Salary 65,000 Gross profit b/d 3,51,000
To Distribution exp 1,35,000 Interest On Investment 15,000
To net profit c/d 1,66,000
Rs 3,66,000 Rs 3,66,000
Trading and Profit and loss account
Dr For the year ending 31st march 2017 Cr

19. Balance Sheet As on 31st march 2017
Liabilities Amount Assets Amount
Capital 7,36,000
Add net profit +1,66,000
9,02,000
Less Drawings - 2,00,000 7,02,000
Land & building 2,37,500
Less Depn: -23750
2,13,750
Creditors 1,20,000 Machinery 99,000
Less Depn -9,900
89,100
Investments 2,00,000
Debtors 1,80,000
Preliminary Exp 18,000
Less Written off -3600
14,400
Cash in hand 1,24,750
Rs 8,22,000 Rs 8,22,000

20. PRODUCT LIFE CYCLE
 Introduction stage:- Start manufacturing candles
 Growth stage :- Potential buyers get attracted with increased profits.
 Maturity stage :- Have own outlets
 Decline stage :- Start a joint venture/ tie up with event companies or decorators.

21. Conclusion
 The Risk Factor is that it may take time to beat the competitors market.
 But the market of the candle is expanding and demand for the product is increasing
day by day. The return in this business is also satisfactory.
 At last it can be said that future of the product is very bright.