WATERPROOF BLOCK
The business is to convert rubber waste into what i call a water proof block. It can be used for roofing as well as floor tiles
Picture 018.jpg -
sample of waterproof block
Waterproof block is a block product produced from waste poly and can be used for building, pavement and roofing.
The target market include players in the building industry and people living in water/flood prone areas where the water table is high.
It will create neater environment as well as create jobs for the youth and help solve some problems in the building industry.
The product will permenently solve water seapage into rooms of.
Facts
Not registered
2008
| Two years ago: | |
| Last year: | |
| This year (forecast): | 250,000 |
| Year 2 (forecast): | 400,000 |
| Year 3 (forecast): | 750,000 |
| Two years ago: | |
| Last year: | |
| This year (forecast): | 100,000 |
| Year 2 (forecast): | 280,000 |
| Year 3 (forecast): | 350,000 |
| Two years ago: | |
| Last year: | |
| This year (forecast): | 8 |
| Year 2 (forecast): | 24 |
| Year 3 (forecast): | 50 |
Finance needed
| Finance needed for fixed assets (buying of machines, buildings, ...) | 300,000 |
| Finance needed for working capital (salaries, stock, rental, leasing, transport, ...) | 370,000 |
| Total finance needed (US$) | 670,000 |
How do you expect this to be financed?
| Own Contribution in cash | 5,000 |
| Loans (debt) | 20,000 |
| Shares in your company that you offer to investors (equity) | 450,000 |
| Other sources | 200,000 |
| Total finance needed (US$) | 675,000 |
The Business
The product is a waterproof block made from poly waste. the product can be cut or model according to customer preference, be it size, thickness, shape and design.
Accra in particular is a low lying area with a high water table. Most homes in Accra are facing fungi coloration on their buildings and walls, virtually corroding the walls. This product will solve the problem
There are two main ingredients; waste rubber and fine sand. The ratio of rubber and sand is 2:1.
The rubber will be put in an enclosed incinerator and when melted, the sieved fine sand will be introduced and stirred to mix. After the mixing, the mass (paste) will be discharged into a mode / cast and left to cool under a room temperature taking about 1-2 hours depending on thickness and size.
My product will be sold to customers after demonstration work with the Ghana Real Estate Development Association (GREDA) a building association in Ghana. Since i know the high water table areas in Ghana and Accra in particular, a demonstration site (house) will be chosen where waterproof block will be used so that customers can identify with the product.
An online selling point will be established to serve international customers as well.
My market is contractors in the building industry as well as individuals who will need my product to solve their water problem.
My competitors include all producers of cement block, and brick makers. These are traditional producers of building blocks, roofing tiles and pavement blocks
My product is very different and unique because it is going to highly competitively solve a problem my competitors can't solve and comes with competitive cost as well.
This will be the first time a water proof block from waste poly will come onto the market
Have plans of establishing waterproof in all 10 regions of Ghana so as to make use of poly waste in those regions at lower transportation cost.
Stringent financial principles will be put in place to ensure a continuous cash flow
The Entrepreneur & Management
The owner is myself (Nathaniel Rudolph). I shall employ 7 permanent workers during the first year and increase with the growth of business.
I have been running entrepreneurial course for people with diverse professional background as well as students in 2nd cycle institutions.
Also a diploma in Accounting in Business & Mgt. (Cambridge - London), certificate in Project Planning & Management (GIMPA), etc.
I will be the Managing Director
Haven handled entrepreneurial programmes for students and professionals, i have the requisite knowledge to form my team and have the ability to manage them for maximum profitability. Indeed, i shall form my team on; character, commitment, loyalty, hardworking and qualification
I envisage to spend 10 hours per day for five days on the business
Development
Definitely poly waste will become a thing of a past thereby putting an end to flood and filth related deaths. Indeed this innovation arose as a result of my concern to the environment hence polution of our water bodies by poly products will reduce drastically.
Our building industry shall see a revolution and many people will heave i sigh of relief from high water table problem.
Generally, the health of the people shall improve tremendously
