Manufacturing Decorated Glassware: Profitable Business Idea

Manufacturing Decorated Glassware: Profitable Business Idea

This business idea focuses on the marketing and manufacturing of decorated glassware, aiming to enhance the quality and attractiveness of daily-use items such as tea sets, dinner sets, and lampshades. Decorated glassware has a wide market as it is a common household item in both rural and urban areas, used in hotels, offices, restaurants, and homes. The production target is set at 26,000 decorated glasses per month, totaling 312,000 glasses per year. With an estimated revenue potential of $14,300 per month ($171,600 per year) and a net profit margin of 23%, this venture offers a payback period of 1 year and 4 months. The total investment required for the first year of project operation is $24,110.

Production Process

The glassware is decorated using special attractive designs that are either painted or printed. For multi-colored designs, silk screens are prepared by mixing colors with turpentine fat oil or gum. After painting on a clean surface, the glassware is allowed to dry and then heated in an electric muffle furnace at a temperature of 500°C-550°C.

General Costs (Overheads)

To assess the financial aspects of the business, it is important to consider general costs and overheads. Production costs are calculated for 312 days per year, with a daily capacity of 1,000 decorated glass wares. Depreciation is assumed based on a 4-year write-off period at a rate of 25% per year for all assets. Direct costs include materials, supplies, and other expenses directly related to production. A production month is assumed to have 26 days.

Conclusion

Investing in the decoration of glass wares in Kenya opens up opportunities to create unique and visually appealing glassware products. With the right designs and techniques, entrepreneurs can cater to the demand for beautifully decorated glassware in both domestic and commercial settings. By offering a wide range of attractive options, entrepreneurs can contribute to enhancing the elegance and aesthetic appeal of households, hotels, restaurants, and offices across Kenya.