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Occupation Manufacturing
Spices are a key ingredient in many cuisines around the world. They add flavor, aroma,
and color to food, and can also have health benefits. The global spices market is worth
billions of dollars, and is expected to grow in the coming years.
Manufacturing Process
The packaging of spices is important for protecting them from moisture, light, and air. It
also helps to market the product and make it appealing to consumers. Spices can be
packaged in a variety of ways, including:
Plastic bags: Plastic bags are a common and inexpensive way to package
spices.
Glass jars: Glass jars are more expensive than plastic bags, but they offer better
protection from light and air.
Metal cans: Metal cans are the most expensive way to package spices, but they
offer the best protection from moisture and light.
Marketing
The marketing of spices is important for reaching potential customers and convincing
them to buy your product. There are a number of ways to market spices, including:
Direct marketing: Direct marketing involves sending catalogs or brochures
directly to potential customers.
Online marketing: Online marketing involves creating a website or blog to
promote your product.
Public relations: Public relations involves getting your product featured in the
media.
Trade shows: Trade shows are a great way to meet potential customers and
distributors.
Financial Projections
The financial projections for a spices manufacturing business will vary depending on a
number of factors, including the size of the business, the cost of production, and the
marketing strategy. However, as a general rule, a spices manufacturing business can
be profitable.
Conclusion
The spices manufacturing and packaging industry is a growing market with a lot of
potential. If you are considering starting a spices business, it is important to do your
research and develop a sound business plan. With hard work and dedication, you can
be successful in this industry.
Cost of Good Sold 8,50,000.00 9,35,000.00 10,28,500.00 11,31,350.00 12,44,485.00 13,68,933.50 15,05,826.85
Salary & Wages 70,200.00 77,220.00 84,942.00 93,436.20 1,02,779.82 1,13,057.80 1,24,363.58
Finance Cost
Term Loan Interest 45,000.00 40,108.95 34,777.71 28,966.65 22,632.60 15,728.48 8,202.99
Cash Credit Interest 30,000.00 30,000.00 30,000.00 30,000.00 30,000.00 30,000.00 30,000.00
Depreciation 99,000.00 84,900.00 72,840.00 62,521.50 53,690.03 46,128.60 39,652.17
Net Profit (A-B) 1,30,500.00 1,79,941.05 2,30,827.29 2,83,801.35 3,39,495.83 3,98,543.22 4,61,585.16
PROPRIETOR
(Figures In Rupees)
BALANCE SHEET
PROJECTED
AS ON AS ON AS ON AS ON AS ON AS ON AS ON
PARTICULAR
31/03/2024 31/03/2025 31/03/2026 31/03/2027 31/03/2028 31/03/2029 31/03/2030
Proprietor's Capital
Opening balance 2,00,000.00 1,60,500.00 1,36,441.05 1,22,468.34 1,36,988.70 1,80,275.42 2,52,988.63
Add. Profit 1,30,500.00 1,79,941.05 2,30,827.29 2,83,801.35 3,39,495.83 3,98,543.22 4,61,585.16
Add. Capital Introduce
Less Drawings 1,70,000.00 2,04,000.00 2,44,800.00 2,69,281.00 2,96,209.10 3,25,830.01 3,58,413.01
Closing Capital 1,60,500.00 1,36,441.05 1,22,468.34 1,36,988.70 1,80,275.42 2,52,988.63 3,56,160.78
Current Assets
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M/S R L AGRO FOOD PROCESSING INDUSTRIES
PROPRIETOR
Depreciation Schedule
Year Particular Computer mobile Furniture Machine Factory Shed Tools TOTAL
Rate 40% 15% 10% 15% 10% 10% (Figures In Lakhs)
PROPRIETOR
Machine term Loan Repayment schedule
years
Particulars
1 2 3 4 5 6 6