Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,781 members, 7,820,725 topics. Date: Tuesday, 07 May 2024 at 08:20 PM

Get Your Profitable Small Scale Business Easily Started And Successfully Managed - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Get Your Profitable Small Scale Business Easily Started And Successfully Managed (12633 Views)

Most Profitable Small Scale Business In Canada For 2019 / List Of Top 100 Profitable Small-scale Business Ideas In Nigeria / How To Keep Your Small Scale Business Running (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (Reply) (Go Down)

Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 8:48am On Oct 02, 2018
Let us look at these Muar Ban Lee expellers
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 8:54am On Oct 02, 2018
Here is a picture of a Muar Ban Lee expeller

Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 8:56am On Oct 02, 2018
An array of these Muar Ban Lee Expellers on display

Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 9:01am On Oct 02, 2018
An installed factory using Muar Ban Lee Expellers

Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 8:39pm On Oct 02, 2018
Good evening folks
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 12:35am On Oct 04, 2018
Hello folks
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 6:07pm On Oct 04, 2018
To set up a big scale palm kernel oil production factory like the one above will surely involve a pretty large amount of capital outlay. As can be seen from the above pictures, those Malaysian expellers are brand new. Each 15 tons per day capacity Muar Ban Lee expeller is about $30,000 ( about N10.8 million) and since this direct screw press method employ the double press system, it will require at least two expellers to start smoothly. There will be a need for an overhead hopper equipped with elevators and conveyors, the filter press and a standard steel storage tank. Then we have to consider the factory buildings. All these put together even without a standby electric generating set, a weigh bridge, factory vehicles, and working capital could take up to N50 million. A detailed business plan will capture the cost estimate depending on what the client (entrepreneur) wants.

1 Like

Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 6:10pm On Oct 04, 2018
However, there are other less costly options of setting up with Malaysian Muar Ban Lee. It all depends on what the investor wants and his initial capital outlay.
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 10:32am On Oct 05, 2018
Good morning folks
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 10:35am On Oct 05, 2018
As we said earlier, there are other less costly options such as setting up using fairly used Muar Ban Lee expellers and using good quality Nigerian assembled expellers
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 7:21pm On Oct 05, 2018
Good evening folks
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 3:23pm On Oct 06, 2018
I wish all my followers a happy weekend
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 3:42pm On Oct 06, 2018
Let us look at setting up with fairly used Malaysian Expellers. It is possible to start by purchasing just two fairly used Malaysian expellers and gradually grow by adding more expellers as one makes profits. It must be noted that it is best to limit your choice to either Muar Ban Lee or Kung Heng fairly used expellers particularly those equipped with Flender Gear. These models are later models and are very good and easy to maintain. Some unscrupulous vendors corner inexperienced investors and sell very older versions of these Malaysian expellers thereby plunging them into big trouble because they will end up failing in the business. These older versions have been phased out and their spare parts such pinion and crown are a big drain on crushers earnings. It is highly recommended that prospective investors should consult honest and experienced consultants to guide them.
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 1:12pm On Oct 07, 2018
Folks, I wish you all a happy Sunday
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 4:10pm On Oct 09, 2018
Good afternoon folks
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 4:26pm On Oct 09, 2018
Here is a picture of a fairly used Malaysian expeller

1 Like

Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 5:25pm On Oct 09, 2018
The video of a fiarly used Muar Ban Lee expeller crushing palm kernel nuts



https://www.youtube.com/watch?v=xUl6sYtA0fo&feature=youtu.be
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 6:57pm On Oct 10, 2018
Hello folks, good evening
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 7:00pm On Oct 10, 2018
One can actually start a simple factory with two 15 tons capacity Malaysian expellers and a Nigerian fabricated filter press machine
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 7:06pm On Oct 12, 2018
Good evening folks
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 7:32pm On Oct 12, 2018
As we said earlier a minimum-cost and viable two Malaysian expellers factory set up will consist of two fairly used Malaysian expellers (15 tons flender-gear with paramax drive), a Nigerian built Filter Press machine, a 33 tons capacity steel storage tank and sundry factory tools and equipment. We propose a total factory machine and equipment cost of N20,000,000. A conservative N5,000,000 is budgeted for a factory house and rented empty land space. For the working capital anything from N10,000,000 could get the young company going and started albeit on a shoe string budget. These will sum up to N35,000,000.

1 Like 1 Share

Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 4:51pm On Oct 13, 2018
Happy weekend, folks
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 4:52pm On Oct 13, 2018
Let us look at the profitability and pay back period of this proposed scale of investment.
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 5:11pm On Oct 13, 2018
Assume that everything has been set up and the factory commissioned and ready to start production.


Estimated cost of project N35,000,000


Let us assume that we plan to produce and sell 30 tons of PKO

Raw Materials required will be 75 tons of PKN
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 11:03pm On Oct 13, 2018
Good evening, folks
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 12:08pm On Oct 14, 2018
Earlier we have seen that in palm kernel oil extracting business, the normal average yield is 40% extraction from the raw palm kernel nuts. That is to say that for illustration, if you crush 2.5 tons of good palm kernel nuts, you will get one ton of oil (PKO), 1.2 tons of cake (PKC) and 0.3 tons of sludge (PKSL).
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 9:13am On Oct 15, 2018
Good morning and happy new week, folks
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 11:45am On Oct 15, 2018
Let us look at the expected profits from operating with two fairly used Malaysian expellers.

Assume Current prices:

Palm kernel nuts (PKN) N127,000 per ton
Palm kernel oil (PKO) N310,000 per ton
Palm kernel cake (PKC) N40,000 per ton
Palm kernel sludge(PKSL) N90,000 per ton
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 1:38pm On Oct 16, 2018
Good afternoon folks
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 2:08pm On Oct 16, 2018
Let us assume to crush 15 tons of palm kernel nuts per day

Cost of Raw materials:
Purchases N1,905,000


Yield:

PKO 6 x 310,000=N1,860,000
PKC 7.2 x 40,000 = 288,000
PKSL 1.8 x 90,000= 162,000
Total N2,310,000


N
Sales 2,310,000
Less purchases 1,905,000
Gross Profit 405,000

Less
Assume 50% other costs 202,500

Net Profit N202,500

1 Like

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (Reply)

Google To Shutdown Google My Business Website Platform. / Which Good Biz Can I Start With 100,000? / Ibeto Cement Firm Set For Listing In US Stock Market

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 32
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.