The cost for hiring business consultant $2 500 Insurance general liability workers compensation and property casualty coverage at a total premium $2 400 The cost for payment of rent for 12 months at $1 76 per square feet in the total amount of $105 600 The cost for facility remodeling $20 000
Get PriceThe market is vast even to the international level That is the product could be sold locally or exported out of the country with over 200% return Granite business is one that can be done by people of all class The business could be done in large scale and small scale as the investor financial strength is
Get PriceWhether you are looking for a full time self employment venture or a small scale business in Nigeria to serve as a side hustle there are numerous businesses with which you cannot go wrong The best business ideas in Nigeria in 2024 Here is a look at some great business opportunities in Nigeria 1 Livestock farming
Get PricePrepare your business plan Planting of the seedlings if you choose to start from phase one Set up the processing mill if you are starting from phase one or two Register your business with CAC if you run this on a large scale Get a warehouse or storage space for storing the processed palm oil
Get PriceNigeria s installed annual soybean crushing capacity is estimated at approximately 600 000 MT An estimated 255 000 tons of soybeans were crushed in MY2010/11 representing only 42 percent of installed processing capacity Eight large processors account for nearly 60 percent of Nigeria s soybean crushing industry
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Get PriceMARKETING ANALYSIS OF OUR PALM KERNEL BUSINESS PLAN IN NIGERIA We have identified up to 500 clients to supply Crude Palm Kernel Oil CPKO on weekly basis at market price of N 920 per Kg in a month yielding N 11 040 000 monthly and annual revenue of N 100 480 000 In Ogun state our Palm Kernel Oil will be serving 300 customers on weekly basis
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Get PriceThe initial capital cost for a mini groundnut oil mill is around $7000 while the price of small to medium sized groundnut oil processing facility ranges from $40 000 to $100 000 in Nigeria This amount will cover the necessary land construction costs and equipment
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Get PriceIn order to seize this chance you can also firstly initiate the groundnut oil production business by setting up small or medium scale oil mills based on the desired output and project cost Here is a groundnut oil production in Nigeria business plan guide given by our project managers Hope it can help you
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