Wednesday, March 28, 2012

Estimated Investment Costs of Starting A Junk Shop Business

Minimum Starting Capital Investment:  P100,000.00
     Fixed  Investment
•    Business licenses and registrations - Php 5,000
•    Security (refundable) and advance rental deposit  - Php 20,000 (equivalent to 4 months, if business space is on lease/rent )
•    Operating Equipment
     Weighing scale (Bascula) - Php 2,500
     50-kg. countertop/hanging weighing scale
     2 Bicycle with sidecar - Php 5,500/ea
     Acethyline Torch and Gas Tank
     Pulley
     Tools (steel saw, pliers, vice grips, screw drivers, hammer, “baretta de cabra”, etc.)
•   Vehicle, pick-up-truck (optional)
•   Renovation, in case of land lease
•   Miscellaneous
   Revolving Fund
•  Purchasing cash - Php 30,000
   Labor Cost
•  1 General Manager
•  1 Officer-in-Charge (minimum wage)
•  1 Driver/Helper who can also act as Checker (minimum wage)
•  2 Helpers who can also act as checkers (allowance + free board)

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