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Paper Clip Production Factory

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Introduction

Paper Clip Production Factory Land- I need land onto which I will build my Factories, and I need the metals with which I can produce my paper clips. Also the land provides the materials for which my factories will me made out of. People- I need people to be my workers. I will need some management and some labor staff. Also I need people who will buy my product. Capital- My parents are fabulously rich, and they put up the capital to buy the land and build the factory. Entrepreneur- I am the entrepreneur. I came up with the Idea in a dream. ...read more.

Middle

Little Boxes Shipped each Month Wholesale price to stores per box 200,000 $0.50 Total Gross Income per month is $100,000.00 Total costs per month is $84,044.00 Total net income per month is 15,956.00 Oh no my material costs have doubled! Now I have to re plan my business. So here it is. First I refinanced my mortgage at a lower rate, and then I took out a second mortgage to finance improvements and to triple the size of the factory so I could make thrice the number of paper clips. Then I put 75% more steel in each paper clip, and cut the amount of tin in each one by 75%. ...read more.

Conclusion

The total worker cost per month for the factory is $112,560.00 I also put solar panels on the rough of the factory with the money from the second mortgage, so now I make most of my own electricity. Even though I refinanced my mortgage at a lower rate, I took out a second mortgage so my mortgage payment balanced out to be the same as it was before. Utilities/Mortgage Costs Water $1000.00 Electricity $50.00 Mortgage $3500.00 The total costs for land and utilities per Month is $4,500.00 Number of Little Boxes Shipped each Month Wholesale price to stores per box 600,000 $0.50 Total Gross Income per month is $300,000.00 Total costs per month is $258,110.00 Total net income per month is $41,890.00 ...read more.

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