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Morenile168's Posts

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Investment / Re: Piggyvest Vs Opay: Which Is Better...? by morenile168: 10:55am On Sep 08, 2022
Boda wey mumu

godfrey02:
I had to read this, how much interesting has she earned and for how long has she been saving?. To me both are totally not ok.. saving money is not good. I prefer to trade with my money. If e wan go make e go.
Properties / Re: Find A Roommate In Lagos(only Graduates Please) by morenile168: 2:37pm On Mar 01, 2022
I am interested, please your number

Dashlish12:
Working at dangote refinery, lekki free trade zone, lekki sea port and it environs, there's a two bedroom flat at folu bus_stop ibeju/lekki and a room selfcon (2units) for rent. Kindly mention me if u are interested
Properties / Re: Find A Roommate In Lagos(only Graduates Please) by morenile168: 1:19pm On Mar 23, 2021
Petitequeen:
Please I'm looking for a shared self contain or miniflat in Ikeja, especially one where I can pay monthly, as I just got a job and do not have so much on me now. Please it's very urgent.

Please let me know when you get dear
Properties / Re: Find A Roommate In Lagos(only Graduates Please) by morenile168: 6:03pm On Mar 15, 2021
I am in need of a shared self-contained or shared flat around Berger, Ojota, Ketu, Ogudu, New garage, Charly boy, Mile 12 and all it's environment.

I work at Alapere Estate, please I will like to be paying monthly due to some reasons. I am a female

My contact 08136687405
Properties / Re: Find A Roommate In Lagos(only Graduates Please) by morenile168: 7:31pm On Jan 15, 2021
Please I need a place I can stay and pay monthly for like two months pending when I will be able to get my own apartment.

I will be paying the person for the months I will be staying.

Location should be around Ketu, Ogba, Alapere, Ojodu, Alagbole, Akute, Ojota, Oregun and it's environment
It's very urgent.

My number 08136687405.

Thank you
Business / Re: How I Started A Soap Making Business From Scratch (pictures And Videos) by morenile168: 10:26pm On May 06, 2020
In addition, do you know that when I was still producing on a micro scale, I make #1200 profit froma batch production of 84 bars sectioned into 2.8 carton of 30 bars each.
iHart:
Relax, I am not avoiding the question, but I want to take things easy because I feel that answering your question outrightly may not make us to appreciate the "money" part of the business. But I am happy you have ran enterprises, so I will give you an old man's tale that can help you figure out the ROI. smiley

here comes the tale; I have a proposed annual capacity of 60 tonnes, that is to say that I will target 5 tonnes/month. Note: the installed capacity is actually above 5 tonnes/month. I targeted to start operation at 30% (1.5 tonne/month), unfortunately I started at ~10% (475kg). To achieve that, I spend #172, 020 (including raw materials, labour, power and transport) and it gives me a total of 110 cartons containing 100 pieces each excluding offcuts. That is to say that I spend about #1563 to produce one carton, #15.63 per tablet. On a wholesale, I sell #1750 and #1800 per carton depending on negotiation and quantity demanded. On an average, I make #200 per carton. Now let met give you an assignment, deduce the ROI.

I lease gen (a 40kva generator), though I have "NEPA" I am yet to use it in production. I hire labour on contract. Any time I want to run production, I call in three more hands and I pay each #2000/day. I actually run that ~10% in a day. That is to say that my cost of production can still come down when i reach a full/regular operation as i will employ factory workers on a full time basis, paying them like #15000/month thus bringing down their salary to as low as #500/day. More so, by that time I would have integrated "NEPA" into the business. That will further bring down my cost of production and increase my profit and the ROI.

okeytus, can you please gist us your experience when you visited the factory yesterday? we will be glad to hear it wink
Business / Re: How I Started A Soap Making Business From Scratch (pictures And Videos) by morenile168: 10:21pm On May 06, 2020
I must say, I really enjoyed your startup, but I am a
soap manufacturer though small scale not micro.
Your soap price is too small for all the cost incurred.
Is the soap that small, after analysing your illustration with my calculator, the ROI is very small.
You are making low profit but enriching those that resell. You make #1.87 on a bar, while those that will sell will sell for not less than #50 and make nothing less than #32 naira per bar.

I have really learnt a lot from your post and it motivated me to pursue enlarging my business. Currently am building a wooden soap mold that can cut 280bars at a time.
Since I have learnt from you

Let me help you as well on the costing and pricing aspect bro. My number 08136687405., You can chat me on WhatsApp, let's share knowledge.
I hope you know with that your scale of production, you can make #30million profit in a year. All you need is the right ROI and still affordable soap
iHart:
Relax, I am not avoiding the question, but I want to take things easy because I feel that answering your question outrightly may not make us to appreciate the "money" part of the business. But I am happy you have ran enterprises, so I will give you an old man's tale that can help you figure out the ROI. smiley

here comes the tale; I have a proposed annual capacity of 60 tonnes, that is to say that I will target 5 tonnes/month. Note: the installed capacity is actually above 5 tonnes/month. I targeted to start operation at 30% (1.5 tonne/month), unfortunately I started at ~10% (475kg). To achieve that, I spend #172, 020 (including raw materials, labour, power and transport) and it gives me a total of 110 cartons containing 100 pieces each excluding offcuts. That is to say that I spend about #1563 to produce one carton, #15.63 per tablet. On a wholesale, I sell #1750 and #1800 per carton depending on negotiation and quantity demanded. On an average, I make #200 per carton. Now let met give you an assignment, deduce the ROI.

I lease gen (a 40kva generator), though I have "NEPA" I am yet to use it in production. I hire labour on contract. Any time I want to run production, I call in three more hands and I pay each #2000/day. I actually run that ~10% in a day. That is to say that my cost of production can still come down when i reach a full/regular operation as i will employ factory workers on a full time basis, paying them like #15000/month thus bringing down their salary to as low as #500/day. More so, by that time I would have integrated "NEPA" into the business. That will further bring down my cost of production and increase my profit and the ROI.

okeytus, can you please gist us your experience when you visited the factory yesterday? we will be glad to hear it wink

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