Haulage business plan in nigeria

They are used to transport sand, laterite, stones, granite, asphalt, and other items used for construction which must be conveyed from one location to another. For instance, sand and stones from the dredging sites and quarry sites respectively to the construction sites.

Haulage business plan in nigeria

Tweet 2 Shares Haulage business simply involves transporting heavy loads from one place to another, using trucks and other heavy-duty vehicles. However, starting the business requires huge startup capital.

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.

Below are guidelines for starting a successful haulage business in Nigeria. Understand the opportunities for haulage in Nigeria Think of the following situations: Rice Farming in Nigeria: How to Start Each of the above situations occurs in its thousands every minute all over the country — you only need to haulage business plan in nigeria a look around you to see them happen; and the common denominator for each of them is haulage — movement of goods from one location to another.

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.

Discern the possible scales of the haulage business Huge as the volume of goods hauled across the country is, the sizes in which they are moved greatly varies depending on distance as well as who and what is involved. So, the requirement for haulage can range from a delivery tricycle to a panel van, a pick up van, a light truck, a delivery van, a tipper, a trailer, a low loader up to a crane.

Each of these vehicles can be employed in numbers from one to a thousand. Financial requirement can also range from a few thousands of Naira to millions of Naira while organizational size required for haulage business will also vary.

Choose a niche and size Goods for haulage can be grouped.

haulage business plan in nigeria

Notable groups include, petroleum, quarry, building material, agricultural, manufactured, industrial, and export goods. In each group, haulage can be undertaken on a small or large scale over short or long distances. There are a number of approaches that can be adopted by an investor in the haulage business, namely: Operating as an Independent operator or a haulage company: This entails directly managing your trucks and staff to do haulage business.

How To Start Lucrative Haulage Business In Nigeria | Wealth Result

Operating as a contractor or sub-contractor: This involves handing over your truck or trucks — under a contractual arrangement — to a particular client who requires considerable and regular haulage services.

The client pays periodically as agreed. Leasing your truck to a haulage company: In this case, you lease your truck or trucks to a haulage company. The company uses the trucks to execute its haulage contracts and pays you at agreed rates and intervals.

haulage business plan in nigeria

Rand to Naira Exchange Rate Today For reasons of efficiency, it is advisable for you to take a very close look at the nature and requirement of the different niches and choose one depending on your location, circumstances and passion. After choosing a niche, determine the scale at which you can operate, considering your financial ability.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 [ ].

Haulage business was known as a millionaire venture years ago and today, most people will disagree.

How To Start Lucrative Haulage Business In Nigeria | Wealth Result

But a recent research which I conducted, with my team of fellow entrepreneurs here in Nigeria proved that haulage business is still a lucrative business anyone can start and make money. Haulage involves the movement of goods by both rail and road, but since the collapse of rail system in Nigeria, road haulage has taken the lead.

This sample business proposal and haulage business plan will assist you in planning and starting your haulage business in Nigeria. Mission for the Haulage and Logistics Business Plan in Nigeria To provide high quality, convenient and comprehensive Haulage and Logistics service operations at the lowest cost and exceptional customer care services in a loving and caring way with strong emphasis on on-time delivery and sound condition of freight upon delivery.

How to Start A Dump Truck Business in Nigeria. Dump truck business entails movement of goods (products) from one specific place to another. The transportation fare from to and/or from the destination is the profit in the dump truck business. HOW TO START A HAULAGE/TRUCKING BUSINESS IN NIGERIA.

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. If your plan is to start a small – sized haulage business, you may be able to handle .

Haulage Business Plan In Nigeria (Sample Business Proposal)