Kerosene Oil Cart

Kerosene Oil Cart
Introduction
Srilanka is a Full of opportunity of business. When I see a small [smallest] businesses, I thinks those will be a good entrepreneur than me. The person who is working under anyone is a poor man than a single entrepreneur.
I have seen some Kerosene Oil Carts in Colombo area. The worker is normally an old man, who is maintains their carts from their generations. But they use to do small businesses. Like collecting Kerosene from the petrol Stations and distribute the shops around the area.
Financial benefits
When that cart man distributing to the shops they charge an addition of Rs.2 per litre for the distributions. They can easily distribute 500 litres per day. But the distributions may restrict with more or less 10 days per month.
In the same time they get the special discounts from the petrol station for their bulk purchase. Therefore their total revenue exceeds to be about Rs.3000 per day. So their monthly income is more than a 30,000 per month [consider only 10 days he works].
Most of the Cart is doing this business as a Part time; therefore it’s a part of their total income.
Limitation of Kerosene Oil Cart business
• Limited demand for Kerosene from the local shops.
• Risk of maintain relationships,
• Price sensitive,
• The other expenses
Benefit of the Kerosene Oil Cart business
• Utilisation of the available cart
• Can do some other business in the same time[free time]
• Utilising the available cart for other transportation.
• Better relationship with local shops
• Easy to exceed business with the better value added services
Critical success factors
• Communication skills
• Better relationship with shop owners
• Negotiation skill with petrol station owners
• Expansion of business to other areas too

Conclusion
Anyone can think is this a business, but this is a business, when a person is not realised there is a business like that, the existing businessmen enjoy the monopoly of distributions.
Once they realised the profits market may not support to them….

Deepawali small [seasonal] Businesses…

Deepawali is an important festival in Hindu’s life. It’s commonly known as Divali or Diwali. Deepawali interpret in English as festival of lights.

The countries where Hindus lives are celebrating Deepawali in grate extents. The Deepawali festival is festivals of lights for the businessmen also. Because Hindus in all over the world, celebrating Deepawali with wearing new cloths and exchanging sweets with their family and friends and wish their greeting too.

The countries such as Srilanka, India, Singapore, Malaysia, Fiji, Guyana, Trinidad & Tobago, Mauritius, Nepal and Myanmar are announced Deepawali as an official holiday and respecting the Hinduism.

Therefore businessmen are looking forward the Deepawali festival to lighting their business.

Here are some small businesses related to Deepawali,

Clothing’s or textile outlets
The clothing’s are most consumable item in Deepawali season. Specially most of the Asian countries, which celebrate Deepawali are enjoying the high growth in their businesses during these Deepawali season.

The expected sale in the Deepawali season is 3 to 4 times more than the normal sales in other days. The main reason for such huge demand is that every Hindu believes wearing new dress in Deepawali is bring wealthy and blessings.

This weakness use by the businessmen and develops their business over the time. The best example is Indian advertisements which related to Deepawali, one month before the Deepawali starting an advertising campaign to reach their targets.

Key to be success of clothing or textile shops or outlet is

Starting Advertisement campaigns,
New design clothing’s,
New offers and price reductions,
Value added services,
Promotional items for business developments
Understanding the consumer needs
Sweet sellers
The Deepawali is another name for the sweetness and sharing the sweets. About 1990’s or the before the housewives are made sweets on their home [rational Hindus made sweets at their home for Deepawali purposes]. These sweets are exchange to their friends and their family members to sharing their happiness.

But there is a business an opportunity in this Deepawali season is to make sweets and sell by unemployed women. These days most of the housewives are buying sweets from the corner shops and sharing with their neighbor, Rather than make by them.

Who’s having an experience in preparation on sweets can earn good revenue on it. There are some housewives get-together and doing this business. Most of them are earning a profit about 30% to 40% from their investment per day.

Key to be success of the sweet selling business is

The contacts of the customer base and the relationship maintenance.
Maintaining High quality on sweet productions.[Oil and % mixers ]
Highly experience in preparing sweets.
To know how to satisfy the customer needs.
On time delivery.
Order acceptance in different verities.
Reasonable prices
Value addition on their service.
Greeting card designs and new innovations on wishes designs.
Even the new technologies come in to greeting their wishes to their loves one, the greeting cards holding its potion as it. Still the people happy to see greeting cards than the SMS [Massages] or the E-mail wishes. Because everyone knew that sending messages or E-mail is a forward and it’s commonly sending. Therefore the people who get message or mails won’t happy like getting their personal greeting card.

The new businesses where the manual hand worked greeting cards are highly demand to express their wishes.

This is a good opportunities to an innovative ideas to do business. Most of the youngsters are involving in these businesses With using new technology.

Key to be success of the greeting card designs business,

Innovative skills.
Understand the need of the wishes.
The durability of the greeting cards.
Cost of the card.
Widely available to buy.
Environmental friendly material usages.

Small business in srilanka

When we think about small businesses in Sri Lanka, our second thought would be these :

Initial investment for business
Rising working capitals for the business
Location, rent and the rate
Other related expenses.
But, there are so many businesses those are running with huge profits without much problems.

For example,

1] Selling kingcoconut

When I mention selling king coconut as a small business, people may think, is it a small business? Or is it generating good enough profits?

Here are some reasons and calculations to solve your confusion.

It’s a one of the most consumable goods in srilanka. Mostly everyone would like to drink it for their thirst and it is good natural tasty fresh drink. When the sun burns hot, people get tired even if they walk for ten minute. So, when they see a kingcoconut shop they will think of drinking it. So, its no wonder as the road he seel kingcocunut in road and when lots of people passes by his shop atleast 1/10 of people prefer drinking king coconut.

The success of this small business [king coconut]lies on identifying a correct place and open a small shop. The place he select should be mostly used by people for their day to day works.

Revenues and profits calculations:

The person who sell king coconut can sell minimum of 50 [and maximum depend on his skill] per day in Colombo area. If they can sell each at Rs.30, and if he purchase it for an Rs.15 his profits is purely 50%. For a day he can earn a profit of Rs.750. If he works for 25 days, his total profit will be 18750. But these profits will not remain same. There will be ups and downs in the sales.

His total profit would go up by 2nd or 3rd month and he may earn Rs.30000-35000 for month. It depends on his communicational skills and the socialisation skill.

In accordance to Sri Lankan labour market, an assistant accountant’s monthly salary is about Rs.20,000 – 25,000. So doing an own small business will be better than working under anybody.

2] Lottery tickets
In Srilanka lottery tickets are the mostly purchaseable thing in the public.

But as per my concern the people who buy lottery tickets are foolish and don’t have self-confident on them. They rely on thier luck and buy the ticket with the dream that they will win one day.

But I am bit happy, because it make some business opportunity to some entrepreneurs to sell the lottery ticket.

Their revenues are depend on the number of lottery tickets they sells, but these business opportunity makes a quite enough profit to make their business success.