Starting a business with $100 is no easy accomplishment, but hard works pays off, said Brent Halls, director, Kings and Queens Manufacturing and Distributing Company.
"My wife and I started off with $100. We used to work as waiters; we used to earn extra money off tips. My wife's father used to make pepper at home and sell it to friends and neighbours. After we started selling to smaller shops and parlours and smaller businesses."
Halls spoke to the Business Guardian last week on the opening day of the Trade and Investment Convention (TIC), which ran from June 12 to 15 at the Hyatt Regency Trinidad hotel, Port-of-Spain.
Today, Halls is the owner of a successful business that company that produces bottled seasonings and pepper and sells to supermarkets and wholesalers.
Around 2004, the business started to expand.
"When we were operating in Laventille, it was under my father-in-law's house," Halls said. "Then the neighbours started to complain when we were processing the pepper at nights because they would get sick and started sneezing and other ailments. We had to move."
By 2009 they moved operations to O'Meara Road, Arima.
"We built a small factory there. We got a loan from Republic Bank for $100,000. The loan came in parts. I have had a relationship with this bank for many years and there was no problem to get the loan. I have an excellent relationship with them," Halls said.
"We used it for the overdrafts, we also used part of it for new equipment and completion of the factory in Arima."
Halls said he was trained by different institutions.
"I received training from the Caribbean Industrial Research Institute (Cariri) to make the product where it is today. They guided us in terms of the know-how and understanding the industry. They were like a backbone," he said.
Production
Halls spoke about production process.
"We make pepper sauce and regular seasoning, including geera seasoning and lime seasoning. We are also looking at manufacturing local tomato ketchup. We are doing negotiations with local farmers for this and it is in the pipeline. Right now we label by hand and we bottle by hand and employ three workers."
Halls wants to supply all of T&T.
"We sell a premium product and they pay the price for it. My major competitor brands are Chief and Matouk's. They have been in the business for years. Some people think all seasonings are the same, but that is not the case. We do sampling with the larger supermarkets, so people get to taste our products. Our seasoning is 100 per cent natural seasoning."
He said other seasonings on the market "water down" their product.
"So they put four gallons of water, they add colouring, they mix it, they add starch and get a mixture. But it would not be as rich as our natural seasonings as they are breaking it down. So it is more profitable for them to do that," he said.
Halls said the company sells the 750ml bottles of seasoning for $16.
"It is then sold on some supermarket shelves at $20. For larger supermarkets, like Hi-Lo, it would be sold for an even higher price," he said.
TIC organisers saw the "potential" of his company and invited him to exhibit.
"We got a call from Trinidad Export Company and they told us our product is up to international standards and they will help us if we wish to get into the export business. We are in talks with them now. Even when we break into markets outside of T&T, we must maintain those markets," Halls said.
Halls said he wants to export, but is experiencing problems with suppliers.
"We manufacture about 30 cases of seasoning a day and there are 24 bottles in a case. The problem is that we have difficulties getting supplies. We want to export to the world and want to be like brand names, like Kraft, but we have problems with supplies."
He said the company has a supplier in Paramin, but supplies fall short due to the rapid growth of the business.
"We have now decided to bring in other suppliers from Arima to Sangre Grande. We are asking them now to plant the seasoning and pepper for us."
"It is a big step for us, but me must get ready for the next stage."
Halls offered this advice to other small and medium-sized business owners: "You must enjoy what you are doing. You must have a vision and annual targets and benchmarks."
