The transport sector is an important component of the economy impacting on the development and the welfare of the huge population of about million.
It provides market accessibility by linking producers and consumers. The company will manage all your trucks as well as the process of hiring and paying drivers.
Leasing provides the lessees the opportunity of payment over a longer period than with most other forms of financing. With a capital of less than N naira, you can start perfume and liquid soap production. Nigeria has the largest road network in West Africa and the second largest south of the Sahara, with roughlykm of surfaced roads.
Aluminum door and window manufacturing Manufacturing aluminum storm windows and doors is a relatively simple process that can even be conducted right from a well-equipped home based workshop. But before this, you need to get a trucking service marketing plan. A lot of countries such as Italy, Thailand, etc have effectively been utilizing their waterways as a means of transport; thus reducing the traffic congestion on the road.
Trucking Haulage This is the commonest type of haulage business. Road Haulage is clearly a huge industry with many and varied opportunities for anybody that is interested to invest in it.
How to finance your haulage business There are some financiers that are ready to finance this project if you can convince them. The business is not capital intensive.
At the end of every month, all you need to do is to go there and collect your cheque; they pay between N, to N, on a Trailer every month. Once this bill is passed into law, the sachet water production industry will go into oblivion.
You can sell an e-book over and over again. For a 40ft truck traveling from Lagos to Onitsha, you will charge about N, Every solid mineral export operation usually requires a mine, the use of machinery to mine the minerals, trucks to transport the minerals, a warehouse to house the minerals, freight forwarders to prepare the required shipping documents, and a shipping line to actually ship the product.
Nigeria has 8,km of navigable inland waterways that provides business opportunities yet to be tapped. The haulage is a 6 days a week, 30 days in a month and days in a year.
After choosing a niche, determine the scale at which you can operate, considering your financial ability. You have to be dog friendly for you to be able to do this business. Its membership is drawn from small and medium scale enterprises. 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.
There are a lot of cash crops you can plant, nurture and forget; and they will keep providing you with steady returns annually. This is because transporting goods across long distances has become an important industry.
The business of writing is very profitable and easy to get into. These include the corn flour, cassava flour, millet flour etc. Your driver can make or mar your business therefore, it is important to first consider how and where to get professional drivers who would be interested in working with you to promote the business.
Your services to client Lastly, you must get a grip on who your clients would be, what their needs are and how you would reach them. Billions of tons of goods are transported across the country every year to be able to connect manufactured locally and imported and cultivated goods to wholesalers, retailers and consumers, and to get raw materials to factories.
But most people shy away from this business because of its risky and capital intensive nature. The former is far riskier than the latter, and the latter, which involves the use of various forms of bank payment guarantees is the best payment structure to work with for the export business from Nigeria.
Secondly, you may decide to be an independent operator to some of the big companies in the Country, they will give you a way bill; it might be 10 to 15 trips. It Builds The Nation: The company uses the trucks to execute its haulage contracts and pays you at agreed rates and intervals.
Get paid to decorate Imagine having a rewarding, high-paying job that lets you use your creativity to make homes and businesses more beautiful and comfortable.
You can buy an accounting software your business to make things easier. Notable groups include, petroleum, quarry, building material, agricultural, manufactured, industrial, and export goods. The more the demand you have from your international buyers, the more hands that would be hired by the miners to meet your demand.Search or Browse our database of Business opportunities and Tenders from more than public sector organisations and businesses in Nigeria, published daily.
This business is capital intensive. It needs a lot of finance to start. Getting a truck can cost between N10M – N20M. Through your business plan, you’ll know the exact amount to begin with. 3. REGISTER YOUR BUSINESS. If you’re starting a haulage business, it’s paramount that you register your business with the Corporate affairs Commission.
This will avert legal battles with authorities in charge. 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. Do you need business ideas you can start with one hundred thousand naira (N, ), N naira, N, N, N, N, or even ten thousand naira (N)?
Are you looking for small business that you can invest less money and make big profit in Nigeria? There are such businesses and investment Opportunities in Nigeria and. palmolive2day.com is tracked by us since July, Over the time it has been ranked as high as in the world, while most of its traffic comes from Nigeria, where it reached as high as 2 position.
25 PROFITABLE SMALL SCALE BUSINESS IDEAS IN NIGERIA. A lot of fresh entrepreneurs are looking for small business ideas to invest in with little capital. This article will discuss fast growing small scale business ideas to invest in Nigeria, investment opportunities for Nigerians living in Diaspora.Download