Transcript Modern Kabadiwalas & Recyclers

Project of Business, Entrepreneurship and
Management on developing an innovative
business idea
Presented by students of B.Com(H) I year
section 4
Hans Raj College
Faculty- Mrs. Meghna Malhotra
Modern Kabadiwalas & Recyclers
Group- 4
Executive Summary
• The basic idea that we have is to replace kabadiwalas
with a more sophisticated and organized method of
scrap waste collection and recycling
• The business model involves procuring waste from
various organizations, businesses as well as households
and recycling it in a sustainable manner.
• The main categories of waste that will be targeted are:
1. Food Waste
2. Paper Waste
3. Metal and Glass
4. E-waste.
FEASIBILITY SURVEY
• In order to judge the feasibility of our idea, we
carried out a short survey in the localities that
we wanted to target initially.
• The questions asked varied from their views
about their current kabadiwalas and their
possible reaction to a new form of kabadiwala in
the market.
Q1. How do you deal with scrap waste at present?
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Sell it to a
Kabadiwala
Throw it away
Keep it till it
becomes a
nuisance
Q2.Are you happy with your current kabadiwala?
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Yes
No
Q3. What are the problems faced by you while
dealing with kabadiwalas?
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Rude Behaviour
Haggles
Unnecceasirily
Improper
weighing system
Q4. How often do you dispose off your scrap
waste?
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Monthly
Quarterly
Q5. Would you sell your scrap waste to a firm
which guarantees to recycle it?
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Yes
No
Q6.Would you be okay if this company buys waste
at slightly lower rates?
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Yes
No
Analysis Of Survey
• It is very clear from the survey that people are
not happy with their current kabadiwalas due to
many reasons.
• Also, people are open to selling their scrap waste
to a new player.
• This survey gives us confidence that our venture
can prove to be successful and may solve the
needs of our customers.
Services Offered
• Our company will be offering the following
services:a. Collection and recycling of scrap waste like
metals, newspapers etc from households.
b. Collection of food waste from restaurants and
eateries and recycling it through
vermicomposting.
c. Collection of paper from offices, schools for the
purpose of recycling.
1.Collection and Recycling from
Households
• We will collect scrap waste like newspapers,
metal and glass from households.
• Waste would be collected by 4 auto-rickshaws
which will be hired by us.
• This waste would be brought back to our
warehouse in Okhla.
• The paper recycling plant will be at this location
only.
PRICE LIST
MATERIAL
COST (Rs.)
Newspapers
8
Books and copies
6.5
Iron
20
Plastic
12
Tin
18
Copper
300
Brass
200
Aluminium
105
Glass
2
Beer bottles
1.5
Carton
6
Steel
35
Request PICK-UP Form
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•
•
•
•
•
•
Name:
Phone:
E-mail:
Address:
Waste Type:
Approximate Weight:
Time of pick-up (3 options):
Terms and Conditions
1. Your details entered in the "REQUEST PICK-UP" form must be correct &
minimum weight that will be picked up is 15 kg .
2. Requested pick-up will be cancelled in case the details mentioned are wrong
& all future request will be blocked permanently .
3. All the details mentioned by you are highly confidential & will not ever be
shared to anyone except the members of our organization .
4. If the waste scrap is in bad condition , or of no use , or is theft material , we
are not going to buy that stuff .
5. Once the payment is made after sealing the waste scrap material , it wont be
replaced or exchanged .
6. The organization is not responsible for any material that you have placed in
the scrap lot & have lost it
7. The weight machines used by our employees are fraudless & you can test
our machines .
8. You are requested to check identity card of the executive at your doorstep
to avoid any misuse of name of our organization.
9. Our organization has rights to rejects any request , any time , depending
upon situation .
Cost Analysis of Paper Recycling
Machine = Rs. 1,00,000[FIXED COST]
Collection of paper at cost of Rs. 8/kg
Salaries:
Four auto drivers @ Rs. 500/day
Four workers at recycling plant@ Rs. 500/day
Cost of gas= Rs. 200/day for each auto
Therefore, Rs. 800/day
MONTHLY COSTS( 2500 kg)
Salaries: 500x4x25x2=Rs. 1,00,000
Gas= Rs. 800x25= Rs. 20,000
Paper= 100kg/day at Rs. 8/kg= Rs. 60,000
Dyes= Rs. 1000
TOTAL COST= Rs. 2,11,000
Thus, we will be able to produce 25,000 rolls of paper as 1kg
of paper is converted into 10 rolls of paper.
SELLING OF RECYCLED PAPER
After, the paper has been recycled it will be of good
quality and will be classified as recycled handmade
paper .
This paper will be sold through:
1. Stationery Stores
2. Design Stores
3. Dilli Haat and
4. School Stores
Handmade paper will be sold at Rs. 40/roll which is
lesser than market price.
This would mean that the monthly revenue will be
Rs. 10,00,000.
PROFIT= 10,00,000- 2,11,000= Rs. 7,89,000
2.Food Waste and Vermicomposting
Collection of food waste from restaurants
Preparation of vermicomposting pits
Sale of vermicompost produced to farmers
• Our business will look to enter into contracts
with restaurants to collect their daily food waste
on a nightly basis.
• For this purpose, we will have two autorickshaws for the purpose of transportation of
waste to the site of vermicomposting.
• Vermicomposting does not require much
supervision and hence only one person to
manage the pits will be enough.
• The vermicompost generated would be the
source of income for the company.
Benefits
• Restaurants will get a viable way of disposing off
their food waste at the end of the day.
• Vermicompost is a very good supplement for
crops like:
a) Field Crops
b) Fruits
c) Vegetables
Quantity of raw materials
Raw materials required in a pit or tank measuring
1.5 m × 1 m × 1 m areas follows:
I. Dry organic wastes 50 kg
II. Dung slurry 15 kg
III. Rock phosphate 2 kg
IV. Earthworms 500–700(there are 2230 approx.
worms in 1 kg)
V. Water 5 L every three days
PER TANK COST
MATERIAL
QUANTITY
COST
Dry organic
waste
27
50 kg
Cow dung slurry
20kg
11
Rock phosphate
2kg
16.24
Earthworms
250g
42.5
Soil
30kg
12.24
Water
-
-
TOTAL
100kg
109.08
• Cost of 1 tank which will generate about 100 kg
of vermicompost:
a.
b.
c.
d.
1 kg cost= Rs. 1.09
Selling Price= Rs. 10/kg
Therefore, profit per kg= Rs. 8.91
And profit per tank of vermicomposting=
Rs.891
MARKET SEGMENTATION
• Initially, for the pickup of scrap waste we will be
targeting localities in South Delhi.
• As the results of our survey show, residents of
localities like Greater Kailash, Jor Bagh, Hauz
Khas, Vasant Kunj are willing to sell their scrap
waste to a new player in the market.
• As we can see these localities are based in South
Delhi as residents there are more concerned
about the environment and are willing to try new
things.
•For the purpose of food waste, we will target restaurants in
Hauz Khas Village as these restaurants have been
embroiled in waste management controversy recently.
•These restaurants will be willing to sell their food waste to
us as they have faced the threat of being shut down as they
have been disposing off their waste in the nearby lake.
•For collection of paper waste we will enter into
contracts with offices for the collection of newspapers
and other waste paper.
•Also, we will enter into contracts with schools to
collect the waste examination sheets as well as other
waste paper.
Karma Recycling Company
• Process followed:
 E- waste collected from households and offices will be sold to this
company.
They will:
 Send it to government licensed recyclers , or proprietary process.
 Resale for reuse.
 Extract materials automatically and break it into raw materials.
 Promote Zero pollution and recovery of 95 %raw materials .
PROMOTION
• Advertisement on Facebook and other social
networking sites.
• Pamphlets in the newspapers in the localities that
we are targeting.
• Educating the people about environment and
promoting.
ORGANISATIONAL STRUCTURE
Directors
Executive
Manager
Recycling and
Procurement
Manager
Auto-Drivers and
Plant Workers
FUNDING REQUIREMENTS
ITEM
• Paper recycling
machine
• Autorickshaw(on
hire)
• Warehouse(on
hire)
QUANTITY
COST
•1
• Rs. 1,00,000
•4
• Rs. 50,000 per
month
•1
• Rs. 1,00,00 per
month
SALARIES: Rs. 1, 00,000 per month
Gas: Rs. 20,000 per month
Website Developing: Rs.1, 00,000
Requirement for purchasing scrap: Rs. 1,00,000 per month.
Cost of vermicomposting pits(600)= Rs. 65,000 per month
Therefore, total monthly requirement is Rs. 4,35,000( apart from machine and
website).
Fixed= Rs. 2,00,000
Hence, yearly requirement is Rs. 54,20,000
BREAK-EVEN ANALYSIS
Estimated monthly profit:
Rs.7,89,000+ Rs. 5,34,600= Rs. 13,23,600
Estimated Monthly Cost= Rs. 4,50,000
Monthly Gross Profit (taking into account some unforeseen expenses)=Rs.
8,00,000
Therefore, initial investment in the business will be recovered in 1 year and
from that time on the earnings of the business will become its profits.
FUNDING PROPOSAL
We are looking for initial funds to start the business.
These funds as mentioned above are around Rs. 60,00,000.