BusinessHABFloor Mats production Business : Do you want to start a floor mats production business?
Here in this article, we have compiled every detail related to initiating a floor mats production business.
You can initiate floor mats production business as small
And medium scale basis with a moderate capital investment.
Additionally, the manufacturing process is not complex.
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1. Know The Types
Floor mats include industrial floor mat.
Anti-static mat, and anti-vibration mat.
And anti-fatigue mat, high school wrestling mats.
Floor mats for use at home, entrance mats.
And interior mats and so on.
However, the major use of floor mats is to effectively remove.
And trap dirt and moisture at the workplace as well as at home.
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2. Know The Market Potential
Floor mats offer consumers two key advantages.
Firstly, they help reduce non-biodegradable waste in the ecosystem.
By using old vehicle tires and other unused rubber items.
Secondly, as a more direct benefit.
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They tend to be more affordable than their non-natural synthetic rubber counterparts.
Floor mats find everyday domestic use in providing great utility in the scrubbing of the dirt from shoes & slippers.
Floor mats are also essential items as a floor covering around electrical panels.
As a safeguard to the life and limb of the workmen due to possible leakage of current and short-circuit.
It also provides oil resistant floor covering.
Oil resistant rubber floor mats are used near heavy machinery in industries.
Thus, the product has good market potential.
Additionally, rubber floor mats making is a profitable investment opportunity for the new entrepreneurs.
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3. Get Your Business Registered
In starting floor mats production business.
You will need to obtain different registrations and licenses from different Government Authorities.
- Business registration with ROC
- Trade License from Municipal Authority
- Factory License
- ‘No Objection Certificate’ from Pollution Control Board
- VAT Registration
These are the basic registration and license.
That you will need to have in starting floor mats production business in Nigeria.
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Floor Mats production Business
4. Know The Capital Investment
As like any manufacturing business, the two types of costs involve in floor mats production business.
One is fixed capital investment that includes land, building, infrastructure, and machinery.
Another one is the working capital investment that includes raw material, packaging consumables, operating expenses, manpower cost and marketing cost.
You can go for entire project finance from your nearby banks or any finance institution.
Or you can also apply for only fixed capital or only working capital simultaneously.
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5. Get The Machinery
The major items of plant and machinery for floor mats production, are as follows:
- Rubber Kneader
- Mixing Mill
- Multi-Day Light Hydraulic Press -2 nos
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6. Get The Raw Materials
First of all, mix the rubber inside the kneader with stabilizers.
Vulcanizing agents, forming agents, pigments to make compounded rubber.
Pour the kneaded rubber into the mixing mill.
Here sheet the compound out in the proper thickness, width, and length.
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Finally, place this sheet in the mold and heated in the hydraulic press to get vulcanized.
After the curing time, the cured rubber is taken out, trimmed to get the final product.
Raw materials for the manufacture of floor mats production include various kinds of rubber like NR, NBR, SBR etc.
And vulcanizing agents, colorants, stabilizers, etc.
However, the total connected load is estimated at 200 KVA and the water requirement is estimated at 5KL / day.
The floor mats production business also has large factory potential.
To get a 300000 Sq Ft floor mat per annum, the approximate investment will be Rupees 4 Crore.
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