VRBS CANDLES

Art done by Herbertonic .

VRBS CANDLES – MVP Proposal (Simplified for $2,500 Budget)

We will make affordable, eco-friendly candles inspired by Nigerian culture. Each pack contains 8 candles and sells for $0.87.

Part of the Profits will given back to Vrbs , given to fund community projects like Jolle.

What We Need $2,500 to start small-scale production and test the market. Here’s how we’ll use the funds:

1. Equipment ($1,000)
   • Buy a POWLAB Wax Melter , molds, tank, and packaging tools including transportation fee. manual cooling methods will be used .
2. Workshop ($300)
   • Rent a small workspace for 12 months (no fancy renovations).
3. Materials ($500)
   • Wax, wicks, fragrances, and dyes to make 1,500–2,000 packs.
4. Branding ($200)
   • Simple labels (still eco-friendly!).
5. Labor ($150)
   • Hire 3 workers for 1 month; founders handle the rest.
6. Marketing ($150)
   • Run ads and sell at local markets.
7. Emergency Fund ($200)
   • Backup money for fuel with home gen ,Emergency delivery,or material shortages.

Execution plan

• Month 1: Set up the workshop and Marketing
• Months 2–5: Start production Sell 1,500–2,000 packs monthly via markets, WhatsApp, and small shops.
• Profit received before the break even time will be re-invested into Vrbs candle
• Break even analysis
• Cost to Make 1 Pack: $0.54 (wax, wicks, etc.).
• Profit per Pack: $0.33 (sell at $0.87).
• Break-Even: Need to sell 7,576 packs (≈4–5 months).
• After Break-Even: 20% to vrbs ,30 per to vrbs candle and 50% of profits go to community projects.

Why This Works

1. Low Risk: Start small to confirm people love our candles.
2. Same Quality: Still use eco-friendly materials and cultural designs.

What’s Next

1. Use the $2,500 to make and sell the first 1,500 packs.
2. If sales go well, expand to full production (3,000 packs/month) with more equipment.
3. Grow exports to Ghana and Benin within 2 years.

Support Us: Help bring light to homes, churches and communities.

Legal & Compliance

1. Corporate Affairs Commission (CAC): Registered business name and documentation submitted.
2. Tax & VAT Compliance: TIN secured, VAT registration in process.
3. Export Certification: Pre-registration with NEPC for West African market entry.

Who is behind this ?

@houseofdrey001

On the ground Lead Coordinator\ BSC Degree in Business Administration\ Part of the internatioNouns team\ Holder of gnars, nunouns, foodnouns

PREVIOUS PROPOSAL EXECUTED

Link to previous work done

https://warpcast.com/houseofdrey/0x1a7355c6

https://warpcast.com/houseofdrey/0xafc9d473

https://warpcast.com/houseofdrey/0x2cf01c39

https://warpcast.com/houseofdrey/0x7cca8f0a

September 2024

One solar street light sponsored by vrbs

https://warpcast.com/houseofdrey/0x0fdc9dc8

30 lil nouns sponsored by lil nouns

https://warpcast.com/houseofdrey/0x9c68283

https://warpcast.com/houseofdrey/0x763d9950

August 2024

One solar street light sponsored by /noc

jollé (2022-2024)

Pizza day (2024)

Nouns exercise book (2022)

Thanks for your support, it is higly appreciated.

Transactions

1. 0x4ebdea5d22ca768af927e57ab95550321e71dcee.transfer(1 ETH)