MAKING LEATHER TOYS
Introduction
Leather toys are increasingly becoming popular in the recreation centers and Educational Institutions. There are various sizes of toys being manufactured. The leather toys are used for decorative purpose.
Tools Needed
These include: a cutting-mat big
enough for the work you plan to do, a hammer or hammers, hole punches, Thronging
chisel, Edge bevellers, Bone folder, Strap cutter, Gougers, Grover, Creasers, Lacing
Pony and Needles and thread.
Raw materials: These include:
Leather, Fabrics and Pigments & Dyes.
Production Capacity, Technology and
Process
The manufacturing of leather toy products does not require complicated technology provided that one has the necessary art & craft skills to make them. The production capacity is based on the size and type of the toys made. With medium size, it is projected that at least 5 toys can be made every day.
Production Process
The process of making leather toys is simple and involves cutting, and moulding them according to the required size and design or shape.
Scale of Investment, Capital Investment
Requirements and
Equipment
This project will be operated on a small scale, where at least 150 leather toys will be manufactured per month. The Fixed Capital Investment required to start this project is approximately 436USD.
Market Analysis
The demand for leather toys is very high both by households and institutions visa viz recreational and educational institutions. There is also an export market potential. The key players in this industry are spread all over Tourist Camps, Recreation Centres, and Educational Centres.
Project Costs
1. Capital Investment Requirements in US$
|
Item |
Units |
Qty |
Unit |
Amount |
|
Cutting Mat |
No. |
1 |
50 |
50 |
|
Harmers |
No. |
2 |
3 |
6 |
|
Hole Punches |
No. |
1 |
10 |
10 |
|
Thronging Chisel |
No. |
1 |
20 |
20 |
|
Strap Cutters |
No. |
2 |
40 |
80 |
|
Gougers |
No. |
2 |
20 |
40 |
|
Needles |
No. |
2 |
5 |
10 |
|
Grover |
No. |
2 |
10 |
20 |
|
Creasers |
No. |
2 |
60 |
120 |
|
Edge Bevellers |
No. |
2 |
15.00 |
30 |
|
Bone Folder |
No. |
1 |
50 |
50 |
|
Total amount |
|
|
|
436 |
1. Operating Costs in US$
|
Item |
Units |
Unit |
Qty/ |
Prod. |
Prod. |
Prod. |
|
Direct Costs |
||||||
|
Leather |
Metres |
20 |
10 |
200 |
5200 |
62400 |
|
Fabrics |
Metres |
2 |
10 |
20 |
520 |
6240 |
|
Lacing |
Roll |
5 |
5 |
25 |
650 |
7,800 |
|
Threads |
Roll |
4 |
5 |
20 |
520 |
6,240 |
|
Pigments |
Litres |
9 |
10 |
90 |
2,340 |
28,080 |
|
Sub total |
135 |
3,510 |
42,120 |
|||
|
General Costs (Over heads) |
||||||
|
Rent |
200 |
2,400 |
||||
|
Labour |
300 |
3,600 |
||||
|
Utilities (Power & Water) |
200 |
2,400 |
||||
|
Depreciation (Asset write off) Expenses |
109 |
1,308 |
||||
|
Sub - total |
809 |
9,708 |
||||
|
Total Operating Costs |
4,319 |
51,828 |
2. Project Product Costs and Price Structure in US$
|
Item |
Qty/day |
Qty/yr |
Unit |
Prod |
Unit |
T/rev |
|
Leather |
5 |
1,825 |
28.398904 |
51,828 |
60 |
109,500 |
3. Profitability Analysis in US$
|
Item |
Per day |
Per Month |
Per Year |
|
Revenue |
300 |
7,800 |
93,600 |
|
Less: Production & Operating Costs |
135 |
4,319 |
51,828 |
|
Profit |
165 |
3,481 |
41,772 |