Drivers habits Most drivers have the tendency to cheat by all mean. Nowadays, haulage is in high demand, so the number of firms offering the services in this area is growing every day.
Pay loader is capital intensive and as a result many investors ignore it, but it is a money spinning investment. You cannot therefore adopt a one-size fits all formula.
Most times the business owner might not have the total financial capacity to startup the business but sourcing from loans from different quarters can be of tremendous help.
This is one of the major reasons people stay off this business, there is no doubt that to run a haulage business you will require a huge amount of capital especially for startup.
In this case, you lease your truck or trucks to a haulage company. This assists the business owner to raise capital from different quarters like external investors, banks, family members and friends.
Start — up Capital For the trucking business, you need capital and lots of it. A good tipper cost between N4 million to N5million, and you are entitled to about N, in a months, if you can give your tipper to a manager to manage for you.
All you need to do is to acquire the trucks, starting from one to as many as you can afford. Get your own Sample haulage business plan in Nigeria. Per trip, the truck is paid between N15, — N16, Running cost per trip is around N6, Projected profit per trip N9, N9, per trip x 2 trips per day N19, per day N19, x 6 days N, Per week N, x 4 weeks N, per month This is monthly income within Lagos.
Though this aspect seems to be the most lucrative because of the profits involved, it is the most strenuous and it requires a very huge capital outlay.
Haulage business is supposed to be a regulated business in the sense that there are bodies responsible for this regulation. Since you are dealing with highly mechanical equipment you can be sure that once in a while you will be required to carry out maintenance procedures to ensure they are in good condition for your business.
Some fall and somersaults into creeks and rivers due to bad roads.
If your plan is to start a small — sized haulage business, you may be able to handle the administrative and marketing functions yourself but for a larger sized companies, you may have to employ staff to support with administrative and clerical duties as well as marketing and promoting the business.
Leasing your truck to a haulage company: You run the risk of charging much and earning little. If you can afford the startup costs and are looking to start your own haulage business, then this post is for you, as it discusses the basics you need to know about the haulage business in Nigeria.
The cost varies between N3m — N12m depending on the size and age of trucks. Improvement in the efficiency with which firms have access to raw materials and parts as well as to their respective customers.
Setting up an efficient management team is key to the growth and continuity of any business. Helping the producers to reduce the content of the warehouse.
Starting A Haulage / Trucking Business In Nigeria - Sample Business Plan / Proposal - The haulage and logistics business is among the most lucrative business. But many people don’t engage themselves in this business because it is considered risky with a capital intensive nature.
Well, haulage is one of the best business you can do in Nigeria despite the hardship involved. Transportation of goods from one location to the other has been a major challenge in Nigeria due to the very poor state of the Railway system in the country.
The only means through which goods are transported effectively right now is by the road and that is why haulage business is booming in the.
Nowadays, haulage is in high demand, so the number of firms offering the services in this area is growing every day.
If you want to get involved in this business, you need to try to organize your work in such a way that it can bring you income. Business Center Business Plan in Nigeria / How to Start a Computer Business Center in Nigeria Business Center Business Plan in Nigeria – In the Nigerian context, a business center is any business where you can carry out your official secretarial works like type setting, scanning, designing, laminating, etc for a fee.
Haulage Business Plan in Nigeria – Feasibility Study on Haulage Business The haulage business which is also referred to as the logistic business is one of the most lucrative businesses in Nigeria presently, even though a lot of people do not maximize the opportunity of this business because of the supposed capital intensive nature as well as the risk involved.
Haulage business simply involves transporting heavy loads from one place to another, using trucks and other heavy-duty vehicles. And .Haulage business plan in nigeria nigerian