Star Production Of Candle With N20,000
I don’t know more about this but my research shows it a lucrative business that has no stress, and with 50k you can start this business comfortably. With poor power supply in the country, there is no doubt that production of candlestick is still a money-spinner.
A sizable group of Nigerians rely solely on candle to battle the erratic power supply. With #10,000 you can have a candle mould, which produces 16 candle sticks at a time and go about 50 times a day translating into 800 per day. This is a situation when you are starting with #20,000 to #25,000.
According to my recent research, to produce 16 pieces of candle does not take more than 10 minutes, all you need to do melt the wax, put in your mould, in 5 minutes after, put in another wax, which you must have melted, while the previous one congeals and you go on and on.
The requirements to start this business are Wax #1,000, mold cost #30,000, Thread #1,000, Packaging Nylons #1,500, heat source #600, Bowl, Ceiling Machine #2,000 and logistics.