The Property was inherited

emmanuelewumi:
Keep on doing what produced the money you invested on the property

Because of what is happening with Treasury bills, some people now want to market High Yield Investment Schemes that cannot withstand the test of time. Money market mutual funds are still okay and they are regulated by SEC

Please if one have to cash in a Property for about 50 to 60million Naira reason to cash in is that Property barely make 3million yearly after renovation and also sometime the Property stays empties for months before getting a tenant or tenant over stay, what will be a good business to invest atleast can attract about 1.2million net monthly, your advice will be highly be appreciated. Note this is inherited property

[quote author=Diyke4rich post=83705630]The Property was inherited
[/quote



Lucky you, keep on investing the rental income generated by the property until you are sure of what to do or improved on your financial education.

You can also use the annual rent of N3 million to start a small business if you have flair for business. You might not break even in the first 2 years, but with persistence, hardwork, focus and God's grace you shall excel.

healthserve:



My elder. I honour you Sir

Happy Sunday Boss

Do you remember our last discussion on this where I spoke about data analytics. And why businesses fail is because they don't keep data or pay attention to them. Can we both quickly make a few case studies here on a few businesses and projected figures Sir?
The danfo driver will make over 40% annually even with a cheap Nigerian grade car Sir
Fx Managements can make over 40% annually with low risk Sir
Roasting plantains and grounut will rake in over 40% annually Sir
Zobo production will rake in over 40% annually Sir
Grountnut roasting will rake in over 40% annually Sir
Pure water sales will rake in over 40% annually Sir
MeSuya will rake in over 40% annually Sir
Keke Marwa repays back same year, Korope as well. And will continue to be in business which implies profitable net returns annually Sir
Cocoa farmer
Palm oil dealer
Cashew farmer
Sales of eggs
Sales of plantain
Broiler processing and poultry
Ugwu and vegetable sales
Food vendor
Bread sales
Convenience stores/Supermarket
If a business doesn't keep operational books intact and review its data analytics, it can't and won't make optimum impact Sir.
Disclaimer: Fraudster/Cheat and Scammer

I had 5 Sharans in the North-central Region for close to 5 years....
That,s 5yrs experience in the transport sector...
B/4 I disposed them off .. ....
Anyone that says he can give you over 40% annually in Danfo biz is a joker....

Hello all, does this means that no Tbills for us any more... ? Some one pls explain

Willie2015:


I had 5 Sharans in the North-central Region for close to 5 years....
That,s 5yrs experience in the transport sector...
B/4 I disposed them off .. ....
Anyone that says he can give you over 40% annually in Danfo biz is a joker....

I had been involved in this business where i invested in two taxi's...my brother,u will hear stories that will break ur bones. Except u are the one driving it urself. Many ungrateful people claiming to be drivers.
Not a good experience.

Willie2015:


I had 5 Sharans in the North-central Region for close to 5 years....
That,s 5yrs experience in the transport sector...
B/4 I disposed them off .. ....
Anyone that says he can give you over 40% annually in Danfo biz is a joker....

you can make more than that if you drive the bus yourself.

healthserve:




All aspects of the Polymer chain is profitable.


Marketing is easy and very lucrative. You buy from the factory and resell in retail markets.

Production and Marketing is very good. This way you occupy two sectors of the value chain


If you want to test the waters, start with marketing. If you want to go into production, you need a comprehensive business report on this. Note, this is an industry that needs stable electricity to survive I.e very big generators one for regular use, a standby generator in case the main one fails. Not to forget machinery, for an investor that comes in ready, this is a good business. But one I advice an investor with irregular cash flow to keep from


By the way you can also engage in low scale nylon production without a factory. With as little as one million this can be done, you can imort nylon granules into the country, approach a producing factory to process them into nylone and pay the charges, and you'll become a medium scale nylon producer. There are billions of companies that sell the granules online. But you'll need an insider to guide you on this process. What's to gain you may ask, imagine making 1.5 naira profit per nylon on just marketing a nylon alone, producing gives the ability to make about 80% more profit when you shi in the granules and produce your nylons. Now owning the factory itself raises the profit margin one notch higher again.


If you want to do just marketing, get a bus. Nylon is very heavy much heavier than you'll imagine in large quantities.

Find the moniker Adeyemi80. He handles this department perfectly Sir


Disclaimer : This comment is a simple business discussion. I am not in anyway soliciting for investments, money, loan, partnership or private business discussion.


Disclaimer: Fraudster, Cheat and Scammer

U Are blessed sir

Please house is Anchoria Asset Managers good for investment? Is their service ok?

temple2grace:
Please house is Anchoria Asset Managers good for investment? Is their service ok?

Yes, they are licensed by SEC and NSE

Nylon business is a no go area, the govt is truly making plans to start a harsh campaign against that business because of the environmental harzard plastics normally cause, it takes hundred of years for a plastic waste to decay and Nigeria is yet to have good system for recycling plastics or introduce a more environmental friendly plastics to Nigerians, like they have in Europe or America. My family has a nylon business and we have received several letters from different govt agencies.

niyoni:

Thanks for the insight. Do you think the nylon business has a future in Nigeria? I got some unverified information that the federal legislators (abi legit-looters ) are in the process of passing laws against the use of nylon in Nigeria.

Like what will you advice one to go into?

[quote author=emmanuelewumi post=83705962][/quote]

OgogoroFreak:
you can make more than that if you drive the bus yourself.

Ur comment is too generic...
Put into numbers...
Cost of Fuel at N145 per litre...
Cost of expensive spare parts...
Cost of maintenance and servicing...
Agbero taxes and park taxes...
Police, FRSC etc miscellaneous charges...
Even if you are driving, u cant guarantee you will work 365 days in a year....
Delay period in the park....
Annual Insurance charges...
Most Naija cars dont have insurance.. the owner bear repairs where there is accident.....
It takes average of 2 years to recoup your investment on a car on the road...
I can assure you by the end of that second year....
Expenses to maintain the car as a result of wear and tear from bad roads.......
Will almost be at par with the revenue.....
Anything income starts from year 3.......

Diyke4rich:
Like what will you advice one to go into?

rttt


Apart from the inherited property, what are you doing for a living?

Willie2015:


Ur comment is too generic...
Put into numbers...
Cost of Fuel at N145 per litre...
Cost of expensive spare parts...
Cost of maintenance and servicing...
Agbero taxes and park taxes...
Police, FRSC etc miscellaneous charges...
Even if you are driving, u cant guarantee you will work 365 days in a year....
Delay period in the park....
Annual Insurance charges...
Most Naija cars dont have insurance.. the owner bear repairs where there is accident.....
It takes average of 2 years to recoup your investment on a car on the road...
I can assure you by the end of that second year....
Expenses to maintain the car as a result of wear and tear from bad roads.......
Will almost be at par with the revenue.....
Anything income starts from year 3.......

Keep waiting for accuracy before you venture into a business. Because I'm a consultant.

OgogoroFreak:
Keep waiting for accuracy before you venture into a business. Because I'm a consultant.

Fake consultants....
Thats how Transberg started....

Willie2015:


Fake consultants....
Thats how Transberg started....

If you want details in business, go and see those that provide such service. I AM NOT A CONSULTANT

.

Donbrig:

Nylon business is a no go area, the govt is truly making plans to start a harsh campaign against that business because of the environmental harzard plastics normally cause, it takes hundred of years for a plastic waste to decay and Nigeria is yet to have good system for recycling plastics or introduce a more environmental friendly plastics to Nigerians, like they have in Europe or America. My family has a nylon business and we have received several letters from different govt agencies.

Hmm...but government at all levels in Nigeria is so bereft of workable solutions. No holistic approaches to solving problems. There are economic, social and legal angles to solving environmental challenges. Has the government considered the economic impact of an outright ban on nylon/plastics? Even at a time when poverty and unemployment is at an all time high? What happens to the livelihood of the players in that field? Using a sledgehammer to kill an house fly never ends well. The solution lies in implementing proper waste management systems that include segregation and
recycling of nylon/plastics. Nigeria should already be annexed to Singapore, Japan or China! Better still, Nigeria should be put up for sale on the international market and sold off to the lowest bidder

niyoni:

Hmm...but government at all levels in Nigeria is so bereft of workable solutions. No holistic approaches to solving problems. There are economic, social and legal angles to solving environmental challenges. Has the government considered the economic impact of an outright ban on nylon/plastics? Even at a time when poverty and unemployment is at an all time high? What happens to the livelihood of the players in that field? Using a sledgehammer to kill an house fly never ends well. The solution lies in implementing proper waste management systems that include segregation and
recycling of nylon/plastics. Nigeria should already be annexed to Singapore, Japan or China! Better still, Nigeria should be put up for sale on the international market and sold off to the lowest bidder

You write-up is educative though, the last sentence is enough to prove that you are in early stage of depression.

Ibrahim505:

You write-up is educative though, the last sentence is enough to prove that you are in early stage of depression.

Jesus is Lord

kryptem:

U Are blessed sir

Boss

Willie2015:


I had 5 Sharans in the North-central Region for close to 5 years....
That,s 5yrs experience in the transport sector...
B/4 I disposed them off .. ....
Anyone that says he can give you over 40% annually in Danfo biz is a joker....

Hahaha I dry laugh you bro. I have an automobile on the road as we speak. I know how much we make daily. I'm not on earth to fight my perspective on people. I live you with your beliefs Sir


I repeat any business that goes score higher than 40% annually is merely playing. Welcome to the new world of sound econometrics.


Disclaimer: Fraudster/Scammer

ahiboilandgas:
my cement dealership rank in 80 percent net income yearly ...that trading but the capital is not very big 900 bags @ 2300 sold evermonths @2500 each .....but in other to make more I need like 10 shops ....But will the 10 shop sell like the first and more than ( only Time will tell ) can I have honest employees in all 10 outlets ( the second outlet failed cos the sale boy was stealing sale )......this are the risk ,what about competition ( currently have like 2 new outlet) cutting my market share , but happen if the target location is now completely build up .....in 3 years....demand might halt to zero

Your cement biz rakes in 80% annually but a few hours ago, you said it was impossible to make 40% profit as a biz person Sir.



Boss Major. Press brake small small. You know I'm your boy



Ive assisted at least 14 businesses on the verge of closing up and I reiterate data analytics is the key to business growth. Most organizations that don't do well or perform optimally either ignore data analytics or completely ignore their reports.


God help us all Sir. I hope you remained turkey for me this evening Sir.

BTW you posted very good statistical analytics on your financial expectations as against competitive forces. To do well in modern business, you need to increase your sales outlets connecting your business to more reach and improved viability.


You have all you need already Sir. All you need to do is connect the dots Sir. I.e two outlets x staffs gives this profit, what do I do to triple,quadruple or make eight times more profits. Get very good logistics setup to bridge the different locations and you're good.

It won't be hard to have like ten containers in ten locations two staffs per location and there you can begin to scale up expectations. Overall, you can remain optimistic, cement demand is mad.d sir, even my fish wants to build a house too



Disclaimer : Fraudster/Scammer

niyoni:

Hmm...but government at all levels in Nigeria is so bereft of workable solutions. No holistic approaches to solving problems. There are economic, social and legal angles to solving environmental challenges. Has the government considered the economic impact of an outright ban on nylon/plastics? Even at a time when poverty and unemployment is at an all time high? What happens to the livelihood of the players in that field? Using a sledgehammer to kill an house fly never ends well. The solution lies in implementing proper waste management systems that include segregation and
recycling of nylon/plastics. Nigeria should already be annexed to Singapore, Japan or China! Better still, Nigeria should be put up for sale on the international market and sold off to the lowest bidder

Funny enough I designed an ecosystem to keep the entire country clean, but one specially for Oyo state. Create jobs and receyle wastes. Testing running it on a micro level by Feb next year. Let's look to creating solutions to societal problems we see. As I'm mentored, the moment you spot a problem, you've found your calling and can create a business Sir.


I'm totally against completely phasing out plastics without deliberate mapped out plan on creating holistic solutions plastics use gives opportunity to.


All around our cities these days, in the absence of jobs, people pick plastics, sell them to factories. You need to see how waste recycling and management though unorganized and informal is improving lives.


I visited five dump sites collecting data earlier this year, and wastes is really improving lives. From rubber tyres to tin to metals to paper to plastics.


I really would wish globally we'll consider letting plastic live but I doubt the longevity of plastics. Lab-designed and enginereed fibre biodegradable plastics may replace plastics in few years


Disclaimer: Fraudster/Scammer

OgogoroFreak:
Keep waiting for accuracy before you venture into a business. Because I'm a consultant.

That's the point. Waiting for accuracy is what keeps people from doing what they ought to have mastered decades ago.

We have derailed this tb section too much. Can we start talking about TB again? We really need to maintain decorum here. This is for TB and should be strictly for TB.Na abeg I dey o.

DeSepiero:


I'd safely assume that he was hoping to get some people invest in his business.
However, he became suspicious when he was contesting @acidosis' advice against investing in agritechs with juicy rates above bank lending rates.

Nope. We engaged in a discussion I didn't know certain persons took as a combat and since then war broke out. Whatever he mentioned about investment is just an emotional tirade as between April to noe, I sourced funds personally and did my thing my way.


When they can't debate intelligently or debate one on a brilliant level, they resort to blackmail. Why do you think they stoned Stephen to death. It states " When they saw they couldn't match his wisdom "