Running a business in the livestock sector is promising and a smart choice. This industry offers significant opportunities and requires relatively affordable capital, making it highly appealing. Additionally, the use of a corn husking machine simplifies the production process from raw corn materials.

The Central Statistics Agency (BPS) reports that chicken meat and egg consumption in Indonesia continues to rise each year. This indicates a growing demand for chicken as a source of animal protein. One of the primary raw materials for the chicken feed business is corn, which can also be diversified into corn rice, corn flour, corn starch, and other products. To produce quality chicken feed, several factors must be considered, including nutritional value, nutrient content, moisture content, and texture.

To start and develop a chicken feed business, initial capital is needed to purchase equipment, raw materials, and business premises. Operational capital covers production, distribution, and promotion costs, while additional capital is required for machine maintenance, product development, and other expenses.

Estimated costs for each component are as follows:

• Equipment: IDR 10 million – IDR 20 million
• Raw materials: IDR 5 million – IDR 10 million
• Business premises: IDR 5 million – IDR 15 million

Operational capital:

• Production costs: IDR 3 million – IDR 5 million per month
• Distribution costs: IDR 2 million – IDR 4 million per month
• Promotion costs: IDR 1 million – IDR 3 million per month

Additional capital:

• Machine maintenance: IDR 500 thousand – IDR 1 million per month
• Product development: IDR 1 million – IDR 2 million per month

Based on these estimates, if you plan to start a business with a production capacity of 1 ton of feed per month, the total capital required would be approximately IDR 20 million for equipment, IDR 6 million for operational capital per month, and IDR 1.5 million for additional capital per month. Thus, the total initial capital needed would be around IDR 27.5 million.

Thinking About Starting a Perfume Oil Business? Here’s How!

Perfume has become a staple for many people. A pleasant fragrance can boost confidence, making perfume a daily necessity for some. Both nationally and globally, people view perfume as an essential part of life.

According to a study by Kantar and Stanpa on Spanish citizens, 94.6% of people use perfume regularly, 61% consider perfume very important, and 54.7% use it daily. This research highlights the significance of perfume in people's lives. Additionally, Grand View Research reported that the global perfume market was valued at USD 50.85 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.9% from 2023 to 2030.

However, nowadays, you don’t need to shop at stores selling branded perfumes to get a great fragrance. Instead, you can simply buy the perfume oils.

If you've visited a perfume shop in a mall or a roadside store selling unbranded perfumes in glass bottles, chances are it's a perfume oil business. Perfume oil is the pure essence or extract of various fragrances. It remains in its original form, without any added ingredients, including alcohol. For example, if you want a fruity scent, you would distill the extract from fruits.

Starting a perfume oil business can also be profitable because it’s affordable, the products are unbranded, the customers are typically from the middle to lower income brackets, the scents are diverse, and the buying frequency is high, although the profit margins are smaller.

Here are some tips to help you start a perfume oil business:

Prepare Business Capital

The first step is to prepare the capital for your perfume oil business. As mentioned, the initial investment isn’t too large, and you can benefit from a wide range of suppliers.

Research and Register as a Supplier of Perfume Oils

Find potential suppliers for your perfume oils. Make a list of potential suppliers and establish relationships with multiple vendors.

Prepare the Location

Set up a place or store to sell your perfume oils. You can start with a 4x4 meter space and design it as attractively as possible.

Promotion

To attract customers, promote your perfume oil business, possibly by offering discounts on the oils.

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