Business Plan Essay - 3617 Words

Business Plan My group and I are members of a small chemical company that are going in to business to produce Epsom salts. (Information on Epsom salts can be found in background information). Our company name is The Epsom Company. In order to be the best company we have to ensure the Epsom salts we produce are a good quality. But despite this we are also looking to make a profit and so cost must be as limited as possible. We will need to pay strict attention to the cost of apparatus and equipment and aim to use a minimum amount of chemicals to produce the maximum amount of Epsom salts. Time is also an issue and the least time spent means more Epsom salts and more money. In this experiment we†¦show more content†¦The uses for Epsom salts is highly numerous and from looking at this list of uses you can see how useful and helpful Epsom salts are. Epsom salts are made by reacting magnesium/magnesium carbonate with sulphuric acid (,which I will be doing in this experiment). The chemical formula for Epsom salts is MgSO4.7H2O. I have also researched information on the two chemicals I will be using in this experiment; sulphuric acid and magnesium. Sulphuric acid is a clear, colourless, oily, and odourless liquid. Its chemical formula is H2 SO4. It is also known as battery acid, and hydrogen sulphate. In the United States more sulphuric acid is produced than any other chemical. Its main use is in phosphate fertilizer production. But it also has a number of other uses, most of which have been listed below. * manufacturing explosives * producing other acids * producing parchment paper * making glue * making wood preservatives * producing lead-acid batteries in vehicles * purification of petroleum * pickling of metal * electroplating baths * in nonferrous metallurgy * production of rayon and film * a laboratory reagent Sulphuric acid is very corrosive. It can be found in the air as small droplets or it can be attached to other small particles in the air. When concentrated sulphuric acid is mixedShow MoreRelatedBusiness Plan For A Business Essay1708 Words   |  7 Pagesbrand-new business, expand an existing company, or get financing for a business venture, you will need to write a business plan. A business plan not only lends your business a sense of credibility, but also helps you to cover all your bases, increasing your chances of success. Although writing a business plan can be a lengthy, intimidating project, it is not necessarily difficult. Here is an overview of how to write a successful business plan. What to Include in Your Business Plan Your businessRead MoreBusiness Plan For A New Venture1355 Words   |  6 PagesA business plan can be used for beginning a new business, to create a more profitable business or for consideration of new services and ideas. A business plan is a written document that gives details on a business idea or venture and present the outlook of the business over a number of years. 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