Block Industry Business plan – There is virtually no business today in Nigeria that does not require a good plan to execute, especially when the business involves huge amount of money as initial investment. The same can be said about cement block industry business in Nigeria.
To set up a block factory you need a well articulated plan to help set it up; the idea is to avoid waste of resources that may result in the setting up of the business and also running of the business.
The truth is that with a block industry business plan you can set up a block factory that can earn you up to a million Naira on a monthly basis. Note that to earn that much, there must be some high level of work from your own end, the fact is that block industry is a money making business, however, the question that begs for an answer is how can make this money from this business?
This and more are the relevant items I will be discussing. I will also discuss how lucrative this business can be from a friends experience, it was amazing how hard work worked for him within a couple of years, and the funny part of it was that he was not the one who came with the business idea.
How Lucrative Is Block Industry Business?
I have said it in most of the articles on this platform, that there is no business that does not its potentials, there is no unprofitable venture, what we mostly have are bunch of unprofessional business managers, some will say you need luck to be successful, however, while you wait for luck, some other persons make their luck happen for them.
As an entrepreneur or a business man, it is what you put into your business that is what you get, you cannot put laziness and expect huge result, you business can be as successful as the effort you put in. There are a lot of block industry that folded up, not because the business is not lucrative but because the owner didn’t put the required effort needed.
Take for example, I have a friend in Abakaliki, Ebonyi State. He was a known hustler, he has tried his hand in different businesses, from Barbing salon business to Supermarket business, he even sold recharge card for a while and then he tried Okada riding business, we joked that he was a jack of all trade and master of non, in fact he was ready to do whatsoever as long as it is doable.
One will conclude that he didn’t have any business idea, but can run on your idea if he thinks it is viable, someone casually suggested he should use a portion of his father’s land to start a block industry business, he went ahead, took permission from his dad and about two plots was a located to him, I gave him a business plan on block industry, he indeed confessed that the feasibility study was helpful in setting up the business.
The early stages was very difficult, his blocks could stay with him for months before selling any, however, he employed a marketing strategy and a price reduction method. He started going from one building site to another to market his blocks, he will sell a 6 inches block that goes for N150 for N130, this strategy worked like magic. It’s been three solid years in the business, he now has a well equipped restaurant business, and fleet of Okada men under him and for his block industry, through effective marketing he now has many places where his blocks are needed.
As a means of expanding his business, he got two supply trucks, he also got a massive mixer, he even built a mini office at the site. When the business started he was the mixing the cement himself, the last time I checked on him, he now has about four workers who do the mixing and loading, all he does now is supervise and collect money. To be modest, he told me he makes an approximate N850,000 every month all things being equal.
Major Truth About Block Industry Business
Here are some facts deducted from the experience above;
- The idea doesn’t have to be yours
- You could own the business and not get dirty
- All that is required of you is to start with the Idea You Have!
Writing A Block Industry Business Plan
When writing a business template, here are some of the items you should include;
– Business Description – On this item, you must describe what the business is all about, how the business will be run, the capital that will be involved, the growth pattern etc. you will also discuss the business ownership structure.
– Vision and Mission – Your business plan template should also contain a vision and mission statement. It could be to ensure efficiency in service delivery and reliability.
– Research On market – Who are your target market, locate areas where building are springing up, engage the contractors and tell them about the services you offer.
– Location and Business Size – This should address the location where the business should be situated and then the size which actually depends on the capital employed.
Hurry Now! Get the Complete Block Industry Business Plan, pay N10,000 to
GTBank (Guaranty Trust Bank)
Account Name – Okite Joseph ikenna
Account No – 0044083736
Once payment is made for the Block Industry Business Plan, send the following (i) a valid email address and (ii) your payment details to any of these numbers – 07039768549
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