Paint Production Business plan – Painting is one of the most important aspects of any building construction; painting can actually be referred to the clothing a building needs to become complete.
The truth is that painting a building is like a constitutional requirement to declare building complete; even though it is not written anywhere.
Most times I do ask, why do people paint their houses when they can actually live in their houses without even painting the house, the answer to that question is that painting is to building what fashions or designer wears is to humans. With the number of houses that are springing up people will continue to patronize paint sellers for their painting. painting doesn’t even stop with building construction, even people moving into a new apartment need paints to give their homes a new look and touch.
A country like Nigeria with a population of about 200 million people and also there is a possibility that the numbers are still growing, this simply means that new buildings will be built in order to accommodate as much people as the buildings can, and for these buildings painting is a most, like I stressed earlier painting a house is like in an unwritten law of the country, hardly will you see a building without its painting, note that newly constructed buildings are the only ones that need these painting, renovating a building also requires painting, this simply means that paints will continue to be in high demand.
This can only mean one thing, and that is more money or profit to your painting business. investing in a business with a market should be the only drive you need when it comes to venturing into a business, and one business that will give you that profit as expected is painting business, did you notice that even in economic hard times people are still building, buildings that will require painting after construction, it even gets better if demand continues to exceed supply, and that is the case in Nigeria.
To be able to enjoy whatever profit that comes with paint production business, you need to have a very good business plan or feasibility study that will give you an insight on how you can go ahead in the execution of the plans contained in the business, the fact is that paint production business is very lucrative and profitable and a good business plan in paint production will help you earn millions.
Earning big in business also depends on your start up capital or initial investment, you cannot earn beyond your investment, also as a starter you need to have a good management team which will comprise of marketers, analyst who will analyse your competitors advantage, analyse market potency etc, having a very good team will help you in the long run. It is important you know how potent investing in paint production business is, understand that the business is a gold mine which requires a good plan which could be solved using a business plan on paint production business.
How To Start Paint Production Business In Nigeria
There are a whole lots of things you need to do before setting up your own paint production business in Nigeria, however, we will specifically be looking at only six (6) of those things that you need to put into consideration before going ahead with your business venture set up;
Get A Business Plan – This should be the first thing that should be in place once you conceive the plans of starting up a business, writing a paint production business plan should cover both the business description, market analysis, competitors analysis, every single idea you have for the business, not forgetting your business aims and objectives and then one of the most important which is the financial projection of the business. A business plan should be standard enough for you to be able to use it to source for capital, for example, application for bank loads, application for grants, academic research or business proposal. Get your paint production business plan in Nigeria from us.
Register The Business – Every paint manufacturer has a name, and this name is registered by the owner, the essence is to avoid the possibility of imitation and also having your business recognized as a legal entity. Once the business idea is conceived, next thing to do is to pick your business name, and then you proceed to Corporate Affairs Commission (CAC) to verify the availability of the name and then continue with the process of name registration, this is service by the CAC will be done for you for a fee. By registering your business name, you have secure your business identity, you can also register a business logo alongside the business name.
Site Location – The location where your factory will be sited is equally important, siting your factory in a good location will contribute to the success of your business; the essence is to be close to your target market, your business should easily be accessible to everyone with interest to buy.
Site Size – Another important aspect to take notice of is volume of production, as a new company you should carry out your due diligence before going into the production of your products, measure your production from the capital you are willing to invest in the business. You can begin your production from a small scale; it can be on a medium scale or even on a large scale, just don’t get swallowed.
Raw Materials -Basic economics taught us that it is important to be sure about the raw materials you intend to use for your production. There are various raw materials for different type of paints, we have the gloss paint, ceiling paints, emulsion paints, etc all these paints as mentioned are produced with different materials, there is the Solvent, Pigment, Additives, Resins, get the needed materials you want and stand producing to your capacity.
Chemicals for Paint production – There are important chemical that must be added to derive some of the best products, like stated earlier, there is the emulsion paints, silk paints, satin paints, road marking paint, primer undercoat paints, screening paints, stucco paints, P.O.P. paints, fire radiant paints, gloss oil paints, mosquitoes insect repellent paints, aluminium paints, anti-rust paint etc, these paints have special chemical that could be used to arrive at each of them. Chemicals such as colourite, Nitrosol, Acrydext, Calcium Carbonate, formalin, Marble dust, Geniple, Bama Cork, P.V.A, K14 etc.
Hurry Now! Get the Updated Painting Production Business Plan (Including The Financial Projections), pay N10,000 to
GTBank (Guaranty Trust Bank)
Account Name – Okite Joseph Ikenna
Account No – 0044083736
Once payment is made for the Painting Production 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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