How to Start Cement Business in Nigeria Cement supply business is one of the best and easiest building material business anyone could start right now. People have been looking for information on How to start cement business in Nigeria without finding any substantial details. In this article, I want to explain in detail to the extent of my understand, how anyone could start cement business anywhere in Nigeria without beating about the bush. Before we proceed to the detailed step by step how to start, lets first of all look at the merit and profit potential of this business using Dangote cement supply as study case. Like I said before, its one sure business that everything in it almost seem guaranteed and I can assure you that people who are already doing it are making good money. A bag of Dangote cement from the factory goes for N1,000 with the minimum buy of one trailer load (600 50kg bags) quantity that cost N600,000 only. If you supply the six hundred bags at the retail price of N1600, you will be making profit of 600 x 600 = N360,000 from the single one trailer trip. When you subtract the cost of transportation, your take home becomes N300,000 per trip If you decide to sell wholesale at the cost of N1,350 to retailers, your profit would be N350 x 600bags = N210,000 from a single trip. When you subtract the cost of transportation, you will be left with N150,000 per trip. Now tell me - N150,000 to N300,000 gain per trip from investment of N600,000 without complex logistic and workforce, is it a good or bad deal? Write your answer as comment below and lets know how you feel about this. But in my own opinion, I believe its a very good business. If you supply 10 Trailers within any period of time, you are going to be smiling home with N1.5m to N3million depending on the method of supply. To Start as a Distributor 1. Distributor - You need to fulfill certain simple requirement to become Dangote Cement Distributor. In effort to ensure distribution of cement all over Nigeria, Dangote Cement is currently seeking credible distributors form any part of Nigeria. In this regard, credible means, individuals who owns a registered company that is, whose business is registered with the Corporate Affairs Commission of Nigeria. To qualify to apply as Dangote distributor, you need to put the following things in place: OFFICE NUMBER FOR CEMENT SUPPLY: MOBILE: +2348115186456
Posted on: Sun, 20 Jul 2014 08:26:04 +0000
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