GARBAGE COLLECTION
BUSINESS IDEA FOR GARBAGE COLLECTION
Introduction
This business idea is for the collection of Garbage from homesteads. This business idea is premised on Collection of Garbage from 4,500 homes. Each home or family pays US$ 10 per month which translates into US$ 120 per year. The revenue potential is estimated at US $ 1,000 year. The project Cost is US $ 34,645.
Collection Process
Each home or family is given a polythene bag for collection of their day to day garbage. Garbage is collected on a specific agreed day and time in a week. It is then collected in a container to the collecting van that transports it to the dumping site. After dumping, garbage is left to dry before it’s either burnt to reduce its volume at the dumping site or converted into other useful materials such as bio-gas and composite manure.
Market Analysis
Garbage
collection has always been a problem around towns. Garbage collection can be
done in Offices, ministries, schools, hotels, hospitals, institutions and homes.
The demand is inexhaustible.
Capital Investment Requirements in US $
|
Item |
Unit |
Qty |
Unit Cost |
Total |
|
Garbage Collection Vans |
No. |
2 |
8,750 |
17,500 |
|
Hand tools (Rakes, Spades) |
No. |
5 |
10 |
50 |
|
Total Cost of Machinery |
|
|
|
17,550 |
Production and operation costs in US$
Direct Materials, Supplies and Costs
|
Unit Item |
|
Units |
Cost/unit |
Prod. cost/ week |
Prod. Cost/ month |
Prod. Cost/ year |
|
Garbage Cans |
No. |
5 |
20 |
100 |
400 |
4,800 |
|
Polythene bags |
No. |
0.3 |
250 |
63 |
250 |
3,000 |
|
Sub-total |
|
|
650 |
7,800 |
||
|
General costs (Overheads) |
|
|||||
|
Salaries |
|
75 |
900 |
|||
|
Fuel |
|
260 |
3,120 |
|||
|
office rent |
|
75 |
900 |
|||
|
Depreciation (Assets write off) Expenses |
|
365 |
4,375 |
|||
|
Sub-total |
|
775 |
9,295 |
|||
|
Total Operating Costs |
|
1,425 |
17,095 |
|||
Profitability Analysis In US $
|
Profitability item |
per month |
per year |
|
Revenue |
|
|
|
Collection fees |
30,000 |
360,000 |
|
Less Production & Operating Costs |
1,425 |
17,095 |
|
Profit |
28,575 |
342,905 |
|
|