Study the feasibility of a furniture factory project, all housewives and brides are keen to buy furnishings as it is one of the necessary products that are indispensable for any woman. therefore, the furniture factory project is one of the important projects in the labor market and this reflects on the profits and success of the furniture factory in the affirmative. the feasibility study of the furniture factory project indicates that it is a profitable project, but if the feasibility study is prepared in a proper way, and the technology company for management consulting and feasibility studies is one of the best companies specialized in this field, which anyone thinking of establishing this project can use.
Furniture factory project products
The furniture factory produces many products, most notably:
Towels or sheets.
Provide all kinds of furnishings.
Feasibility study of furniture factory
The feasibility study of the furniture factory project includes all the financial, technical and other elements of the project, and the most important elements of the feasibility study of the furniture factory include the following:
Suitable location for furniture factory project:
The furniture factory project is considered a medium-sized project, so it can need an area of more than 100 meters to accommodate all the tools and machines necessary for production, and the founder of the project can rent an apartment with a large area provided that all facilities such as water and electricity are available and converted into a factory.
Tools and equipment for the project:
The feasibility study of a furniture factory determines the number and types of equipment required for the factory, and the following are some of the types of equipment that the project owner needs:
Cloth embroidery machines.
Sewing machines of various kinds.
A number of scissors and meters to measure the lengths of the fabric.
Provide various types of fabric and also with different designs and colors.
Threads of various types such as embroidery threads and ordinary threads.
Steam electric iron and piston.
Provide the necessary bags for the packaging of upholstery, preferably printed with the name of the factory.
Manpower required for the project:
The furniture factory project is characterized by the fact that it does not need a lot of Labor and often can need 10 workers, the project owner divided them into workers to work on machines and must have good experience in the field of sewing, and workers have experience and skill to do embroidery in addition to an accountant to take over the accounts of the factory, and the founder of the project can hire a cleaner to clean the factory.
Marketing for furniture factory project
Marketing is one of the things that any entrepreneur must resort to achieve success and greater profit, it is considered the art of sales where it depends on the way products and goods are presented in a way that attracts the customer or the consumer, and encourages him to buy the product or request a service.
Marketing, in general, is based on several activities represented in the study of the target market and know the category targeted by the project, in addition to studying their needs and know their tastes and work to provide them at competitive prices, hence the importance of marketing and a project such as a furniture factory can be marketed through several different ways:
Make funded ads on various social networking sites such as Facebook, and can create a special page in the name of the factory on a site such as Facebook or Instagram and display the factory products and customer opinions in these products.
Making discount offers on a renewed basis is one of the most attractive ways to attract consumers, as well as merchants and sellers of exhibitions.
The owner of a furniture factory must make deals with the sellers of furniture exhibitions of various types.
The founder of the project can appoint a sales representative who will take some samples of the factory products and present them to the owners of furniture stores, whether wholesale or retail.
Making agreements with the owners of hotels and restaurants to provide all the furnishings you need, also increases the percentage of Marketing Sales of the project and thus increases its profits.
Technical company for management consulting and feasibility studies
Tech is one of the leading companies in the field of feasibility study preparation, it has had a great experience in this field for many years, besides it provides a group of skilled consultants and specialists to conduct feasibility studies for various service, commercial and industrial projects.
It also gives the investor alternative plans and suggestions in case the project is exposed to any unexpected risk and also provides him with management and financial consultations in his field of work so that he can prove his presence in the labor market.