Profitable Update, business ideas and trends

  COST OF PRODUCTION AND REVENUE ON ONE PLOT (30m by 10m) OF TOMATO FARM (Adapt from Twitter: @RaynativeFarm)   Buy 1000 tomato seed (Abale RZ F1) - ₦57k Nursery (seedling tray, fertilizer and Cocopeat) - ₦30k Plastic Mulch Film (500m, 40 microns) - 150k Cost of Pesticide and fungicide (Muncozeb, carbendazim, Azozystrobin, difenoconazole, Abamectin e.t.c) - ₦150k Fertilizer (Cowdung NPK, MOP/KNO3, DAP/MAP, CaNO3 e.t.c) -₦150k Labor (ridges, chemical spray, Weeding, planting, Mulch installation e.t.c) - 250k Irrigation setup for just 1 plot (installation, drip kits, e.t.c) - ₦200k 1 staff salary (4 months) - ₦200k Farm rent (1 plot for one season) - ₦50k Miscellaneous (Things we may forget to mention) -₦200k Total investment is ~₦1,287,000 NOW LET'S TALK ABOUT ROI Each stem can give yield of 4-8kg of fruit LET'S SAY ONLY 800/1000 SURVIVED 3x800 = 2,400kg (2.4 Tonnes) I sold each KG at 1600 to the wholesalers (Look at the tomato well, it's the kind they sell at supermarket...