With my company, I will manufacture paper plates and bowls. The machine needed for this can be at home, which will allow me to work from home. I want to attract different types of customers, such as people organising weddings or other parties, hotels, event managers and wholesalers. In my immediate area, there is no one else making this, so I can build my own customer base here. I can produce this myself, no other employees are needed. Should I still be in need of help, my husband is willing to assist.
Starting a production company for paper plates has long been my dream. At my mother's house, I was already making paper plates by hand. Nowadays, everything is automatic. I have already had the opportunity to practice operating an automatic paper plate machine in a company a few times. I have studied this way of doing business and see that others earn a good income this way. Therefore, I would also like to set this up myself.
We have our own house. This is where I live with my husband and both my children. We have a small piece of land where we grow rice for our family. My husband used to work as a contractor. He retired ten years ago, then we as a family ran into financial difficulties. Currently, we are financially dependent on our children. But I don't want to be a burden to my sons. Therefore, I would like to earn my own income.
As a family, we have to live on ₹6000 (€75) a month. With this production business, I expect to succeed and make ₹10,500 (€131) per month in profit in the first year. After that, I expect this to increase to around ₹14,700 (€184) per month.
The amount of my campaign is structured as follows.
€ 775 – Machine
€188 – Raw material
€ 63 - Transportation costs
€ 125 - Smartphone (Contact with the business coach and for online Purple Business Training)
€ 46 – Promotion: Flyers & banner
€ 2 – Ledgerbook
€ 120 – Transfer
€120 – Travel expenses business coach
€240 – Coaching by Purple