They also take it upon themselves to care for the maintenance and management thereby reducing headaches that arise in the cause of business. There are legal requirement which allow you to start and run trucking and haulage business in Nigeria, you should have to give due consideration to the rules and regulations that defined the operation of this business.
Not being adequately prepared for this could mean the business owner running into huge debts should any of them occur. The Market The users of dump truck services include individuals, companies, agencies etc. Choose a niche and size Goods for haulage can be grouped. We cannot also overemphasize the fact that transport carries a larger proportion of environmental impact and social load.
There are always a set of people known as financiers who are available to help finance any business, they have the financial capacity but usually do not have the ideas so they assist businesses in startup and by so doing make their own fair share of profit. Helping the wholesalers distributors to get their purchased goods to their stores.
Builders need to lift a lot of sand, stone, cement and other building materials to construction sites… Phew! Properly implemented incentive-based pay schemes like this can significantly motivate drivers to make your business successful.
Trucking and haulage are the vital links that connect imported, manufactured, and cultivated goods to final consumers like us.
You can also by a trailer head and refurbish the engine to standard; in total, if can cost you between N3 to N3. You should be concerned first about your really want to do.
In Nigeria and South Africa alone, more than 7, businesses are registered as truckers and haulage service providers. This can sometimes mean the difference between success and failure in this business. The forecasts remain very positive and trade between the continent and the rest of the world has doubled since You must ensure your drivers are licensed and well-trained to drive the particular vehicle.
If you chose to save money by working at home, you will not achieve good results.
Lagos and is called Local or outside the state called Interstate or within a geographical region e. 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.
Some of the fairly used trucks are imported from Belgium, Germany, and United Kingdom. Dispatchers must have computers or laptops at their disposal.
Proper acknowledgement include, but not limited to a Proper referencing in the case of usage in research, magazine, brochure, or academic purposes, b " FAIR USE " in the case of re-publication on online media. They are usually in 20 or 30 tons capacity. Truly trucking and haulage business has remained, if not the most, but one of the most profitable businesses in Nigeria, even though some people showed lack of interest in haulage and trucking business, because they believe perhaps, starting trucking and haulage business is risky, and besides, because of the cost of starting the business in Nigeria, and how capital intensive the business is, many have been scared from starting trucking and haulage business.
The last but not the least challenge of starting a trucking business is getting good drivers. Make sure you know what your local law says about vehicle insurance!
Will you be involved in transporting goods on a bulk basis or will you prefer leasing your vehicles to other transport companies?
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.
So business plan in this case is necessary to determine what will cost you to start the business. We will try to help you by providing you with all necessary information.
Nigeria has the largest road networks in West Africa and the second largest, South of the Sahara, with roughlykm of surfaced roads. The Requirements The following are needed for container dump truck: There are different niches in haulage business and the niche you choose would determine the type of vehicles you would need and you start — up costs.Starting A Haulage / Truck Company Business In Nigeria - Sample Business Plan / Proposal BUSINESS PLAN Starting A Haulage / Trucking Business In Nigeria - Sample Business Plan / Proposal - The haulage and logistics business is among the most lucrative business.
John-Paul Iwuoha is an author, impact entrepreneur, business strategist and founder of Smallstarter Africa. He works with entrepreneurs and investors to start up and grow businesses in Africa.
His work and articles have been featured on several local and international media, including CNN, The Huffington Post, The Africa Perspective Magazine, Business. If you do not have the skills to do so, you can order our haulage business plan in Nigeria. Our business plan can be used for accessing grants, bank loans and bringing in investors.
To order the haulage business plan in Nigeria, pay N30, to: BANK NAME: FIRST BANK PLC. ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM. ACCOUNT. Trucking and haulage industry generally, is one of the largest business anywhere in the world, including Nigeria, so in Nigeria, trucking and haulage business a multi-million naira business with an unsaturated market.
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.
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 a necessity and an important industry.Download