Transport business plan in nigeria time

Share 5 Shares There was a time when traveling to the Eastern Nigeria used to be a journey to remember. Those days of brand new, high speeding Marcopolo Luxury Buses! Sitting in those buses while cruising the Ore-Benin road used to be like a dream come true to many travelers.

Investment ideas Starting a Trucking Company — Sample Business Plan Template The haulage and logistics business is one of the most lucrative businesses. But most people shy away from this business because of its risky and capital intensive nature.

Do you want to learn how to start a trucking business from scratch? Do you need a sample trucking business plan template or feasibility study report? Then i advice you read on. Starting a trucking business has been an idea i have been toying with for some time now.

Regardless if you are an entrepreneur or an employee truck driver, starting a trucking business must have caught your imagination also. This article is culled from: As it stands, the trucking industry is one of the biggest businesses in the world.

In fact, in the United States alone, the trucking industry produces over billion dollars of revenue a year. In Nigeria, haulage business and even logistics is a billion dollar business with an insatiable market. This is because transporting goods across long distances has become an important industry.

No matter the industry you find yourself, you must transport bulk goods to and fro both raw and finished goods. That makes the haulage industry a very lucrative one. Starting a Trucking Company — Sample Business Plan Template Now if you are interested in knowing how to start a trucking business; you have come to the right place because I will be sharing some tips to help you succeed in this field.

Your journey to starting a trucking business begins here. But before I go into the details of starting a trucking business, I want to emphatically state that the information provided in this article does not in any way replace the need for you to conduct a feasibility studywrite a trucking business plan for your trucking business and do your own due diligence.

Here is a sample trucking business plan template you can start with. Yes, the first thing that should be considered is your personality. First, you have to be certain that this is what you really want to so. Haulage is profitable alright but filled with a lot of risks and challenges therefore, you need a strong mind and determination to run this business successfully.

You must be prepared to deal with dishonest drivers, shady mechanics, accidents and all sorts of challenges that are certain to come up at some point in this business.

Choose a niche in the trucking industry The trucking industry is very broad and to succeed in it, you must select a niche. There are different niches in haulage business and the niche you choose would determine the type of vehicles you would need and your start-up costs.

For example, you can check out these business opportunities for truck owners and then take the questionaire below: Will you be engaged in transporting bulk goods or would you be leasing trucks to businesses in the transport industry?

Will you outsource your truck to a trucking company or would you rather put your truck on a hired purchase? Are you going to haul short or long distance?

If you are to go into transportation; will you haul solid or liquid goods? These are the questions you must answer before setting out to start your own trucking business. If you choose petroleum products haulage for instance, what you would need is a petroleum tanker and you would have to register with an oil company or work as a sub-contractor with an already registered company but if you want to go into building materials haulage like carrying of sand, cement and granite from quarries to construction sites, what you would need is a tipper or a lorry.

Start-up Capital The next thing you will need to begin your journey in the trucking industry is capital and you are going to need lots of it. Trucking is capital intensive and arguably the bloodiest part of starting a trucking business.

Your start-up capital will largely depend on the size of the fleet you are intending to own. Therefore, you have to write a business plan and have a clear idea of how much you would need to start the business and look into your savings to see if you can afford it.Create a high-quality Business Plan in 8 hours or less Watch this FREE video presentation to find out how Please wait up to 10 seconds for the video to load & make sure your sound is turned on!

However, this will be concerned with the vehicle system of transport as its affects the marketing of agricultural products in Ebonyi state, particularly Ebonyi west local government area.

Give your transportation business a leg up on the competition by writing a winning business plan.

25 Small Scale Business ideas and Investment Opportunities in Nigeria for 2019

Get a head start by checking out these sample business plans for the airline and aviation industry, trucking, freight, taxi and limousine services.

Free Transportation Sample Business Plans. This sample Transportation Business Plan in Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. Transportation Business Plan is a lucrative business that needs a lot of strategic Planning to start and a business coach like Dayo Adetiloye to help you start the .

Marketing Petroleum Products In Nigeria – Associated Problems (a Case Study Of Selected Independent Petroleum Marketing Firms In Port Harcourt). Do you need a sample trucking business plan template or feasibility study report?

Then i advice you read on. Starting a Trucking Company – Sample Business Plan Template. Transport business in Nigeria is as old as the nation itself and there is no doubt that those in the business have been known to have contributed in no small way to.

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