Professional Documents
Culture Documents
Hscprojects Com Visit Any Small Scale Unit Close To Your Residence Collect Growth Data
Hscprojects Com Visit Any Small Scale Unit Close To Your Residence Collect Growth Data
HOME HSC PROJECTS CBSE PROJECTS MBA PROJECTS ENGINEERING PROJECTS BLOGS Search for
Advertisement
Home / HSC Projects / 11th Commerce / Visit Any Small Scale Unit Close To Your Residence & collect Growth Data
Project on Government
INTRODUCTION :
Budget and its Components
In the Indian economy, small-scale and house industries occupy a central place, as a result of their – CBSE class 12
November 15, 2021
employment potential and their contribution to total industrial output and exports. Here we will Visit Any
Small Scale Unit Close To Your Residence And Collect Data About Its Growth
The small-scale industries are the economic undertakings having a mounted investment in plant and
machinery, whether held on a possession basis or lease basis or rent purchase basis not exceeding Rs. 1
corer.
There are various small-scale industries; the one that resides around our locality is the candle making
industry.
Candle making business is one amongst those few enterprises that need little capital investments;
nonetheless provides an honest return on investments, mainly if you’ll be able to grab a market that lacks
supply. Candles don’t seem to be solely used for spiritual and illumination purposes; in recent times,
candles are utilized in hotels, restaurants, and hospitals on an everyday basis, whereas they’re sometimes
used in homes also. Plus, aromatherapy candles are quite stylish lately when simply a sniff is enough to
elevate one’s mood! With such a large amount of boons and blessings, candle-making business is the next
huge thing in your life.
AIMS AND OBJECTIVES :
This project aims to find out the growth of a small scale industry: home-made candles.
Objectives:
To get a detailed first-hand report from the owner about the growth in the business
5. How many workers are currently working under you, and where do you make candles?
10. What are your plans for the future growth of the company?
I started my business in 2015. I started making candles in the festive season and selling them to close
relatives and friends. I used to make candles all my life. It’s my hobby.
As soon as I started selling my candles in festive seasons such as Diwali, I would get orders in bulk for
spiritual functions as well. I was surprised by the orders I was getting without the festive season, which is
when I decided to expand my business and make it more professional.
My first candles were sold to my neighbors during the festival of Diwali. They were handmade candles used
as Diya. My neighbors always appreciated my craft of making candles. In 2015 they placed the first order of
50 candles.
1. Once you have got your station set up, you will need to seek out a wax that is applicable for the kind of
candle you wish to create and a wick acceptable for the way you have chosen. Keep in mind that some
wicks don’t burn hot enough to melt some varieties of wax. You may also get to choose the correct
mold or container to carry the molten wax, fragrance or color for the candle if desired, and a match to
light the candle once it’s done!
2. Then, you will need a heat supply sort of a hot plate or electric stove to soften the wax. Then you will
need an old pot to soften the soy wax in. When shopping for wax, it’s smarter and easier to shop for
wax flakes. It melts quicker and more evenly. You will need to soften enough wax to suit the vessel you
select.
3. Before you pour the wax, place your wick into a suitable vessel. We prefer to use an empty candle
container that was previously used up—it’s eco-friendly and budget-friendly!
4. Add your color and fragrance to the liquefied wax within the pot, if desired.
5. After melting the wax, rigorously pour the new wax into the container.
6. Use skewers to assist keep the wick in place. Let the wax cool fully then trim the candle right down to
size.
Yes, my husband is very supportive of my craft and my business. He helps in the financial aspect of my
business as I have very little knowledge about it. He encouraged me to grow the business. He helps me find
potential clients for my business. He is very proud of me as a working woman as an entrepreneur.
How many workers are currently working under you, and where do you make candles?
Right now, there are around 20 women workers who are working for me in my factory. My factory is in my
backyard. It has only two rooms. One is a machine room, and the second room is where we pack the finished
products.
An initial investment of Rs 2 lakhs is needed for the setup of small-scale candle producing units. You would
need a small area of 12×12 space at your residence and a single section of electricity power for one
machine. Candle making machine is worth RS 50,000. The value of the machine depends upon production
capability. This one is a semi-automatic machine that manufactures up to 350 candles in 15 minutes.
A candle-making business is certainly a fun and gratifying approach of earning cash because it satiates the
creativeness latent in you. However, to earn your living, folks need to understand my product, and this may
be done in a range of ways.
1. Online selling
As you’ll see, there are plausible ways in which I can advertise and promote my product. This is how I
planned to expand and grow my business. I also made some unique products to get the upper hand when it
comes to competition. The best way to grow any business is to constantly make new products and
advertise and reach as many people as possible.
I owe my success to my hard work and support of my family. And I owe this to my mother, who taught me
how to make my first candle.
A few are
3. Evenhanded distribution
6. Price efficiency
7. Reducing migration
9. Flexibility operating
13. Customization
What are your plans for the future growth of the company?
My plan for the growth of my business is to advance machines and expanding my factory by employing
more workers. Marketing is the key focus for the future growth of my business. I am planning to expand out
to people all around the country by launching my website, where people can purchase my product online.
ANALYSIS OF DATA :
In India, Candle is wax with an ignitable wick. It provides light and is used for warmth or as a method of
keeping time. Presently, candles are used as a home decoration item and accustomed to relieve stress and
build a warm ambiance. Increasing client preferences for candles for aromatherapy to de-stress and relaxes
and as home decoration is predicted to drive the candle market throughout the forecast period. Moreover,
the availableness of varied kinds of candles on multiple distribution channels is projected to spice up their
demand.
After a brief conversation with the owner, we get an insight into not only a small-scale business but also a
wonderful journey of becoming an entrepreneur. The information given to us helps mark the skills of
entrepreneurship and get an insight into candle making.
CONCLUSION :
To conclude, the interview with Mrs. Priya Rao, the owner of homemade candles, gave us a unique firsthand
experience of a small-scale working business. We can assess our gathered information about this visit to
her factory in a manner, so other students understand the importance and benefits of small-scale industries
in India.
No business is a small business, as every business requires hard work and skills to be successful in this
competitive world. Small-scale industries are booming in India currently. Everyone wants to have their own
business. And now in this world, with so many opportunities at hand, it is possible actually to have our own
business. The best example is my visit to Mrs. Priya’s small house factory of candle making.
Lastly, I would like to conclude my findings through the interview I conducted as a successful insight into the
mind of an entrepreneur of a small scale industry.
DISCUSSION :
The discussion about this project with my family, friends, peers, and teachers yielded more information
about the small-scale industries around me. The discussion with my family revealed that our own business
of shoes was started on a small scale. The discussion about my findings with my teachers leads to a wider
prospect on the entrepreneurship of small-scale industries. My friends and peers were thrilled to know the
information I gathered by interviewing the owner. They all had their own opinion and suggestion about my
findings as well as the topic of small-scale industry and entrepreneurship
SUGGESTION:
The suggestions and opinions of my family, teachers, and friends are given below.
My family suggested that I should visit other small-scale industry and gather their experiences as well.
And compare all my findings to attain knowledge about being a successful entrepreneur.
My teacher’s opinions were about creating awareness about small scaled industries as these small-
scale industries are never considered as important to society as the large-scale industries are. The
government doesn’t give them many opportunities or schemes as compared to large factories and
industries.
My friends and peers suggested that I should make a list of factors that are common in between an
entrepreneur of large-scale industry and small-scale industry and make another report on
entrepreneurship skills.
ACKNOWLEDGMENT :
My profound gratitude to all the faculty members of the Department, for their timely assistance and
encouragement throughout my research work.
I duly acknowledge the encouragement and support from the research scholars in the department, and all
my colleagues and friends.
It gives me immense pleasure to take the opportunity to all the people who are directly or indirectly involved
in the completion of my project based on Visit Any Small Scale Unit Close To Your Residence And
Collects Data About Its Growth
With deep reverence, I offer my deepest gratitude _____, without whom this project could not have been
fulfilled.
Lastly, I thank Almighty, my parents, family members, friends, and teachers for their constant
encouragement and support, without which this project would not be possible.
Name of School/College
BIBLIOGRAPHY / REFERENCE :
http://newhorizonindia.edu/nhc_kasturinagar/wp-content/uploads/2017/10/Unit-2.pdf
http://www.yourarticlelibrary.com/industries/small-scale-industries-in-india-definition-characteristic-
and-objectives/23464
https://www.thesprucecrafts.com/basic-candle-making-instructions-516753
https://www.expert-market.com/candle-making-business-plan-starting-candle-business-from-home/
https://www.quora.com/Is-candle-making-profitable-in-India
Download Visit Any Small Scale Unit Close To Your Residence &
collect Growth Data PDF
Share
Related Articles
Leave a Reply
Your email address will not be published. Required fields are marked *
Name *
Email * Website
Post Comment
About Last Modified Posts Newsletter Popular Categories
Check
CBSE Projects
HSC Projects
Subscribe to our mailing list to get MBA Projects
the new updates!
Engineering Projects
HscProjects publishes a wide range of HSC,
CBSE, engineering, MBA, and final year Blogs
projects, designed to inspire creativity and
Enter your Email address
practical learning.
Subscribe
Proje
Jewe
1 day
© Copyright 2023, All Rights Reserved | Developed By CouchDeck Home Privacy Policy Disclaimer Contact Us