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Get Your Profitable Small Scale Business Easily Started And Successfully Managed - Business (5) - Nairaland

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Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 11:01am On Apr 26
Hello Folks, I wish you a very good weekend ahead

Below is the video of a Nigerian assembled Malaysia Type expeller





https://web.facebook.com/godwin.ozor/videos/2574066412622191/
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 12:27pm On Jun 03
Good morning folks
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 12:40pm On Jun 03
We have been busy developing other less expensive but equally efficient ways of setting up a small scale palm kernel oil production factory using the Flender Gears modeled after the famous Malaysian Muar Ban Lee expellers. This will be suitable for those who do not have confidence in our locally made reliable models. This new innovation is modeled after the famous Malaysian Muar Ban Lee with flender gear, blocks, couplings etc all imported and assembled by us here in Nigeria by us thereby reducing overall cost and achieving the same efficiency.
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 12:41pm On Jun 03

https://www.youtube.com/watch?v=ETsdSDSHUNM


The video of the expeller in operation
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 9:08am On Jun 14
Hello folks, I wish you all a very good morning
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 1:24pm On Jul 20
Hello folks, happy weekend to you all.
Re: Get Your Profitable Small Scale Business Easily Started And Successfully Managed by ozornet(m): 7:29pm On Aug 14
A SYNOPOSIS OF THE PRODUCTION AND PROFITABILITY OF PKO EXTRACTING OPERATION FOR ONE DAY.

Assume that we are to set up with a diesel engine powered Expeller of ten tons per day capacity, one Filter Press machine and one palm kernel nuts Toaster.
We have the cost structure of these machines thus below in Naira
N
One Unit of Ten Tons per day Capacity Diesel Engine Expeller 1,800,000
One Unit of Filter Press Machine 850,000
One Unit of Palm Kernel Nuts Toaster 750,000
Installation Cost 280,000
TOTAL 3,600,000

Let us look at what happens in the factory in terms of production on daily basis.
It is assumed that the following prices are the prevailing prices of the items as enumerated below:
N
One Tons of PKO Sells for 310,000
One Ton of PKC Sells for 40,000
One Ton of PKSL Sells for 90,000
One Ton of PKN Bought for 127,000

It is also assumed that there is no beginning and ending of inventory of raw material or the finished products.



PRODUCTION PLAN
Production Estimates for One Day
Units Required for Sale
PKO = 4
PKC = 4.8
PKSL = 1.2


Tons N
Materials for production 10 tons times 127,000 = N1,270,000




COMPREHENSIVE PRODUCTION BUDGET FOR ONE DAY
Production Estimate N
Material Purchases 1,270,000
Labour Cost 12,083
Factory Overhead 6,236
Cost of Diesel and Engine Oil 32,000
Total 50,319
Cost of Goods Sold 1,320,319

Aggregation of Sales
Tons Unit Price Amount
PKO 4 310,000 1,240,000
PKC 4.8 40,000 192,000
PKSL 1.2 90,000 108,000
Total 1,540,000

PROFIT AND LOSS ESTIMATE OF ONE DAY
N
Sales 1,540,000
Less Cost of Goods Sold 1,320319
Gross Profit 219,681
Gross Profit c/d 219,681
Less
Fixed Admin and Operating Expenses
N
Rates and Rent 520.83
Maintenance 416.67
Insurance 1,388.89
Management Salaries 2,083.33
Loan interest Charges 312.50
Depreciation 347.22
Security 1250.00
Office Running Exp (Stationeries, Misc)1333.33
Total 7,652.77
Net Profit before Tax 212,028.23
Assume 40% Tax 84,811.29
Net Profit after Tax 127,216.94

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