Hi readers, i am sure you guys are enjoying my posts. As at today, i have over 25 articles on this blog. And i am so happy that a lot of people are learning, practising and preparing their minds to start a haulage business in Nigeria.
Lets talk about CAPITALIZATION today. In a simple language this is the money you keep aside to sustain the business on a long term.
If you want to enjoy haulage business in the first 3 months, you need to keep aside money for running the business smoothly.
We have to be aware or let me say dont forget that, what we use are simply used trucks from America, Canada, or other parts of Europe. These trucks,when put on the roads will show some signs or tell you what need to be replaced. Frankly speaking, you cannot see all that need to be replaced in a single day. It takes an average of 3 months to get a fit,sound and error free truck after replacing all defect parts.
That is why you need money at hand to replace those defects. You cannot be fooling yourself by saying that if the truck works today, i will replacd the defects parts tomorrow. Supposing the truck worked a job of N15,000 today and you need to replace some parts worth of N25,000, where do you get the balance from.
Please let me tell you the truth. Get at least N200,000 in your account when putting the truck on the road the very first day.
You dont start a trucking business with ZERO BANK ACCOUNT. 95% of people who do blame themselves and start borrowing money up and down. In this present day economy, who will borrow you money?
A word is enough for a wise. Be smart and dont just read. God bless you.
More Info:08185208688(haulagemover@gmail.com)
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