Profit analysis of nail making business
Profit analysis of nail making business
It is important to make a profit anslysis beore investing into a new business.so the following is a nail business profit report for your reference.
Cost-Profit analysis of nail making project(one set z94 nail making machine) | |||
ITEM(Per Month) | QUANTITY | UNITE PRICE(USD) | TOTAL(USD) |
Material Consumption | 20 Tons | 530 | 10600 |
Electricity Consumption | 1500 | 0.15 | 225 |
Taxes & management fees | 30 | ||
Loss of steel wire | 20kg/ton | 0.53 | 10.6 |
Salary of workers | 2 | 300 | 600 |
Total Costs | 11465.6 | ||
Total Sales | 20 Tons | 750 | 15000 |
Total Profit | 3534.4 |
Form the profit analysis report we can see that,on the basis of having one set Z94-4A(C) wire nail making machine,you can have profit of $3434.4 per month,so you can get the cost back within 3 months.If the nail market is very good,then more output,there will be more profit.
Many of our clients have expanded after about half year or one year,it turns it is really a good business in developing countries especially in Africa such as Kenya,Ghana,South Africa,Congo,Nigeria etc.