With a capital base of 10000 Dollars, most start-ups still manage to pluck back a tenth part of the investment per month minus expenditure and taxes (if they apply). This means that anyone with this amount can found a small-scale business that is not capital-intensive and manage to recoup $1000 each month. Within ten months, the entire capital base will have converted into a closed-out profit with a bonus of two months in which to enjoy the very first capital-free returns before the year closes. This money can go towards the establishment of another enterprise or even to expand the existing business.
This is how emerging companies that take advantage of free market economies, where governments guarantee institutional protection, trouble-free remittance regimen from abroad and direct foreign investment, operate. The latter policy advantage, in particular, can come in the guise of foreign sponsorship and can help a local proprietor of an African start-up raise the operating capital stakes of the enterprise.
Here is such a scheme, albeit from a funding perspective.
The Soya Milk Maker
The foliate-leafed plant that is widespread in Asia also finds a home in many African societies. The plant’s fast spreading nature, on acreage, gives it the natural ability of producing many seeds that can go on to provide alternative milk to that of a cow, from just a small bunch. This shows that it has a quantity-to-production ratio that is appeasing to the small-scale producer.
Generally, one requires 125 grams of seeds of the soya plant to make a single liter of milk that is rich in body building nutrients. This goes on to show that 10 liters would just require 1.5 kilograms. The price of milk in various countries in Africa, despite being subsistence agricultural societies, is always volatile and expensive at that. One can take the same theory for the production and sale of soya to start a home business.
The Fiscal Part and Production
First, one needs to employ the machine instead of grinding by hand, to make work easier. The most ideal machine with a voltage of 220V and power capacity of 50Hertz can produce five liters on a daily basis, which, in essence, will be enough for ten people. Taking the hypothesis that to produce one liter costs 20 US cents, then it will mean that the cost incurred by day end, will amount to a single dollar for the five liters. One can expand the horizon, further, by availing ten such machines, each at a cost of $80. Taking the industrial model where large quantity displaces minor costs, ten machines will bring back more than $1000 per month, irrespective of the cost of the milk, while giving an allowance for the indeterminate demand quotient in an area.
In order to meet food processing standards, most soya milk brands feature permissible flavors together with injections of calcium and vitamin. One can opt to go for the candy flavor to attract the standard buyer or opt for a more colorful range, including strawberry.
After withstanding the huddles of the first few months where operating cost displaces some of the returns, one can then upgrade to a fully-fledged small plant. There are some that operate on their own power generation mechanisms, especially for making tofu, though one can opt for the SoyCow model. This one features a boiler, grinder, pressure cooker and filter, all electric. This can literally help make an average of 350 liters on a daily basis.
The extra benefit of the above tiny industrial plant is that it has minimal labor overheads and needs less than half a dozen people to operate and distribute the soya milk. It can therefore be a great option for those who want to penetrate the market and provide products of nutritional value to the community around.
On the feasibility of the idea, no cases so far have returned negative results: entrepreneurs always record returns especially in low-tier communities where normal milk is not accessible. This is a business model, therefore, that empowers the individuals without sufficient capital, while sustaining the community.