Beekeeping Business Foundation

The main product of the Beekeeping Business Foundation is honey aside from the supplies, tools, and equipments relative to beekeeping which will be possibly sell when the time comes that the foundation has able to produce it. Honey is a thick liquid produced by honeybee from the nectar of flowers. It is commonly use for pharmaceutical and food processing due to its medicinal characteristics. Other products will be beeswax, bee pollen, and vinegar which is also came from honeybee. Beeswax is a very useful material for making candles, shoe polish, and facial cream; bee pollen is used for cosmetics, pharmaceutical, and pollination purposes; while vinegar from honeybee can be used for food processing. The foundation will generate profit through the 8% simple interest rate from lending as well as earnings by marketing of the products. The production will be made possible through the help and cooperation of indigent families in rural areas. Each abovementioned families will be given trainings and will be lend a start-up supplies, tools, and equipments which is not limited on 3 colonies (each colony contains 1,500 bees with a young mated queen bee, wax foundation, standard hive with frames, and medicines for the bees to combat bee pests), smoker, and bee veil which costs USD 304.35 payable within 2 years maybe in cash or in kind. The foundation will be the supplier and customer also of those families. The needed supplies, tools, and equipments as well as concerns will be fulfilled by the foundation. Moreover, harvested honey will be bought by the foundation at reasonable price. They can harvest honey of approximately 3-4 kgs in each hive every 40-45 days. Every harvest, 60% of the gross earned income (cash or kind) will be paid by those families for their loan until they are fully paid. The foundation does wholesales and retails of the products and will tie to department stores, pharmaceutical, and cosmetic companies to market the product locally meanwhile promoting a website, contacting overseas friends, and getting referrals from international businessman for international marketing purposes of the products. Due to insufficient and huge demand of the product especially honey in the market nowadays, I believe that Beekeeping Business Foundation will be having a great future.

Marketing of products came from honeybee especially honey have no problem due to insufficient and huge demand in the market. The Beekeeping Business Foundation will start reaching customers locally by contacting local investors such as department stores, supermarkets, pharmaceutical companies, cosmetic companies, and the like and giving samples for their evaluation. It will do also wholesales and retails when requested by customers. The promotion of the products will be extended internationally by means of internet website, contacting overseas friends, and referrals from international businessman. The foundation will monitor and ensure that an excellent quality product will be delivered to customers on time. Product prices will have a little bit lower than the competitors. Consistent communication and personal discussions with the customers to address the problems being/will encounter, request, and other matters will be always observed by the foundation.

Aside from the lower price, best quality, and on-time delivery that the foundation will offer, the product is unique because every drop of it is a product of perseverance and hardworking of indigent families in rural areas. If customers buy a product from Beekeeping Business Foundation, they are not just buying it for their pleasures and likes but they are helping indigent families to reach their dreams.

My experience as an instructor can help the foundation in assisting/giving trainings regarding beekeeping for those indigent families in rural areas. Since the foundation will do the packaging of honey and other processing of products come from honeybee such as beeswax, bee pollen, and vinegar, I will apply my expertise as a quality assurance engineer to monitor the quality of the product. My obtained abilities to mingle business people as an executive secretary and Japanese interpreter will strengthen the marketing of the products. The Beekeeping Business Foundation can be well-managed by applying my skills on computer programming. Besides of my expertise and experiences, sometimes I fail to meet my target due to improper time management but I can cope with it by making schedule and organizing priorities.

The Beekeeping Business Foundation will create an indirect job for indigent families in rural areas of developing countries through beekeeping. Through the trainings and seminars on beekeeping given by the foundation, those families will get motivated to aim extra income which will be helpful for their daily living. Every harvest, they can set aside the 40% of their gross earned harvested honey which will accumulate to USD 642.29 on the first year. It will become USD 1,768.48 on second year and will boast to USD 7,249.04 on the third year in which they are fully paid for their loan. Upon establishment, the first 3 years of the foundation is expected to outcome in an upgraded quality of living standards in rural areas. Those poor families can send their children to school and can save for their future too. These will lead to a long term effect of producing skilled-hardworking good citizens of the nation which will drive their motherland towards progress and success. The target country will be known as good sources of products came from honeybee. International investors will be attracted to invest for honey until they become the business partners of the nation.