building materials business plan in nigeria pdf

Building Materials Supply Business Plan [Sample Template]

By: Author Tony Martins Ajaero

Home » Business ideas » B2B Industry » General Supply & Contracting

Are you about starting a building materials supply company? If YES, here is a complete sample building materials supply business plan template & feasibility report you can use for FREE .

There are several money spinning business opportunities in the construction cum real estate industry and one of them is to start a building materials supply business.

Just like all other investment vehicles, there are potential down sides that you need to look out for if you want to start a building material supply business. One of the major risks in the building materials supply business is a sudden downturn in the economy.

Part of what you need to do to make headway in this line of business is to ensure that your store is strategically positioned and you have good business relationships with contractors, constructions companies and key players in the real estate industry.

A Sample Building Material Supply Business Plan Template

1. industry overview.

This industry consists of stores and dealers (e.g. lumberyards) that retail building materials such as lumber, stones and bricks.

This industry also supplies cabinets, floor coverings, roofing materials, electrical and plumbing goods, doors and windows to the construction market. The industry does not include home improvement centers, paint and wallpaper specialty stores or hardware stores.

If you are a close watcher of the Lumber and Building Materials Stores industry, you will agree that over the past five years, the Lumber and Building Material Stores industry has struggled to rebuild itself, even as the overall economy strengthens. Industry goods are purchased by professional contractors and consumers engaged in remodeling and construction projects.

Rising consumer confidence and household income have helped ignite remodeling activity forestalled during the recession, providing additional demand for lumber and other building materials used in home improvement projects. Even so, rising competition from large home improvement stores has stifled revenue growth for lumber and building material stores.

The Lumber and Building Material Stores industry is indeed a large industry and pretty much active in most countries of the world. Statistics has it that in the united states of America alone, there are about 45,069 registered and licensed building materials supply stores scattered all across the United States responsible for employing about 301,881 people and the industry rakes in a whopping sum of $107 billion annually.

The industry is projected to grow at 4.4 percent annual growth within 2012 and 2017. It is important to state that Builders FirstSource has the lion market share in this industry.

A recent report published by IBISWORLD shows that this industry sells a range of building materials such as lumber, fencing, glass, doors, plumbing fixtures and supplies, electrical supplies, prefabricated buildings and kits, kitchen, bath cabinets and countertops to be installed.

The industry’s major product categories are the following: Lumber and other structural building materials account for 37.8 percent of sales, lumber and they dominate the industry’s product mix.

The varying types of structural materials include dimensional lumber, non treated lumber, boards, engineered wood products, glue-lam and laminated veneer lumber, floor and roof trusses, connectors, joist hangers, tie-downs and framed wall panels.

The Lumber and Building Material Stores industry is highly regulated in the United States of America and anyone who aspires to start a building materials supply business must apply and obtain a license before they can legally operate in the industry.

Over and above, the lumber and building materials store industry is a profitable industry and it is open for any aspiring entrepreneur to come in and establish his or her business; you can chose to start on a small scale in a street corner or you can chose to start on a large scale with outlets in key cities through the United States of America and Canada.

2. Executive Summary

Harrison Anthony™ Building Materials Store, Inc. is a registered building material supply store business that will be located in one of the busiest streets in Oklahoma City – Oklahoma.

We have been able to lease a facility that is big enough (a 15 thousand square foot facility) to fit into the design of the kind of standard building material supply store that we intend launching and the facility is located in a corner piece building in the biggest building material market in Oklahoma City – Oklahoma.

Harrison Anthony™ Building Materials Store, Inc. will retail a wide range of building materials such as lumber and other structural building materials, hardware, tools, plumbing and electrical supplies, doors and windows et al. We are set to services a wide range of clientele in and around Oklahoma City.

We are aware that there are several building material supply stores all around Oklahoma, which is why we spent time and resources to conduct a thorough feasibility studies and market survey so as to be well positioned to favorably compete with all our competitors.

We have an online service option for our customers, and our outlet is well secured with the various payment options. Harrison Anthony™ Building Materials Store, Inc. will ensure that all our customers are given first class treatment whenever they visit our building material store.

We have a CRM software that will enable us manage a one on one relationship with our customers no matter how large they are. We will ensure that we get our customers involved in the selection of brands that will be on our store and also when making some business decisions.

Harrison Anthony™ Building Materials Store, Inc. will at all times demonstrate her commitment to sustainability, both individually and as a firm, by actively participating in our communities and integrating sustainable business practices wherever possible.

We will ensure that we hold ourselves accountable to the highest standards by meeting our customers’ needs precisely and completely whenever they patronize our products. Harrison Anthony™ Building Materials Store, Inc. is a family business that is owned by Harrison Anthony and his immediate family members.

Harrison Anthony has a B.Sc. in Business Administration, with over 5 years’ experience in the lumber and building materials industry, working for some of the leading brand in the United States. Although the business is launching out with just one outlet in Oklahoma City, but there are plans to open other outlets all around major cities in the United States.

3. Our Products and Services

Harrison Anthony™ Building Materials Store, Inc. is in the lumber and building materials industry to service a wide range of clients and of course to make profits, which is why we will ensure we go all the way to make available a wide range of building materials from top manufacturing brands in the United States and other countries of the world.

We will do all that is permitted by the law of the United States to achieve our aim and ambition of starting the business. Our product offerings are listed below;

Retailing building materials
Retailing doors and windows
Retailing electrical supplies
Retailing fencing
Retailing floor coverings (wood or ceramic only)
Retailing lighting fixtures
Retailing plumbing supplies

4. Our Mission and Vision Statement

Our vision is to become the leading brand in the building materials industry in Oklahoma and to establish a one stop building materials supply store in Oklahoma City and in other key cities in the United States of America.
Our mission is to establish a world – class building materials business that will make available a wide range of building materials from top manufacturing brands at affordable prices to the residents of Oklahoma City and other key cities in the United States of America where we intend opening of chains of building materials supply stores.

Our Business Structure

Harrison Anthony™ Building Materials Store, Inc. do not intend to start a building material supply business on a small scale; our intention of starting a building materials business is to build a standard and one stop store in Oklahoma City – Oklahoma.

Although our store may not be as big as Builders FirstSource, but we will ensure that we put the right structures in place that will support the kind of growth that we have in mind while setting up the business. We will ensure that we hire people that are qualified, honest, customer centric and are ready to work to help us build a prosperous business that will benefit all our stakeholders.

As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of ten years or more. In view of that, we have decided to hire qualified and competent hands to occupy the following positions;

Chief Executive Officer (Owner)
Store Manager
Human Resources and Admin Manager

Merchandize Manager

Sales and Marketing Manager

Information Technologist

Accountants/Cashiers
Customer Services Executive

Truck and Van Drivers

5. Job Roles and Responsibilities

Chief Executive Officer – CEO:

Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountability; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities.
Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
Responsible for fixing prices and signing business deals
Responsible for providing direction for the business
Responsible for signing checks and documents on behalf of the company
Evaluates the success of the organization

Admin and HR Manager

Responsible for overseeing the smooth running of HR and administrative tasks for the organization
Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
Defines job positions for recruitment and managing interviewing process
Carries out induction for new team members
Responsible for training, evaluation and assessment of employees
Responsible for arranging travel, meetings and appointments
Oversees the smooth running of the daily office activities

Store Manager:

Responsible for managing the daily activities in the store
Ensures that proper records of building materials are kept and warehouse does not run out of products
Ensures that the store facility is in tip top shape and goods are properly arranged and easy to locate
Interfaces with building material manufacturers
Controls building material distribution and supply inventory
Supervises the workforce in the building material sales floor
Manages vendor relations, market visits, and the ongoing education and development of the organizations’ buying teams
Helps to ensure quality building materials are purchased and retailed in good price that will ensure we make good profit
Responsible for the purchase of building materials for the organizations
Manages external research and coordinate all the internal sources of information to retain the organizations’ best customers and attract new ones
Models demographic information and analyze the volumes of transactional data generated by customer purchases
Identifies, prioritizes, and reaches out to new partners, and business opportunities et al
Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
Develops, executes and evaluates new plans for increasing sales
Documents all customer contact and information
Represents the company in strategic meetings
Helps to increase sales and growth for the company
Manages the organization website
Handles ecommerce aspect of the business
Responsible for installing and maintenance of computer software and hardware for the organization
Manages logistics and supply chain software, Web servers, e-commerce software and POS systems
Manages the organization’s CCTV
Handles any other technological and IT related duties

Accountant/Cashier:

Responsible for preparing financial reports, budgets, and financial statements for the organization
Provides managements with financial analysis, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions
Responsible for financial forecasting and risks analysis
Performs cash management, general ledger accounting, and financial reporting
Responsible for developing and managing financial systems and policies
Responsible for administering payrolls
Ensures compliance with taxation legislation
Handles all financial transactions for the organization
Serves as internal auditor for the organization
Assists in loading and unloading goods/building materials
Maintains a logbook of their driving activities to ensure compliance with federal regulations governing the rest and work periods for operators
Keeps a record of vehicle inspections and make sure the truck is equipped with safety equipment, such as hazardous material placards.
Inspects vehicles for mechanical and safety issues and performs preventative maintenance
Complies with truck driving rules and regulations (size, weight, route designations, parking, break periods etc.) as well as with company policies and procedures
Collects and verifies delivery instructions
Reports defects, accidents or violations

Client Service Executive

Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
Through interaction with customers on the phone, uses every opportunity to build client’s interest in the company’s products and services
Consistently stays abreast of any new information on the organizations’ products, promotional campaigns etc. to ensure accurate and helpful information is supplied to customers when they make inquiries

6. SWOT Analysis

Our intention of opening just one outlet of our building materials store in Oklahoma City – Oklahoma is to test run the business for a period of 2 to 5 years to know if we will invest more money, expand the business and then open other outlets all over major cities in Oklahoma and the United States.

We are quite aware that there are several building material supply stores all over Oklahoma City and even in the same location where we intend locating ours, which is why we are following the due process of establishing a business.

We know that if a proper SWOT analysis is conducted for our business, we will be able to position our business to maximize our strength, leverage on the opportunities that will be available to us, mitigate our risks and be well equipped to confront our threats.

Harrison Anthony™ Building Materials Store, Inc. employed the services of an expert HR and Business Analyst with bias in supply chain business to help us conduct a thorough SWOT analysis and to help us create a Business model that will help us achieve our business goals and objectives.

This is the summary of the SWOT analysis that was conducted for Harrison Anthony™ Building Materials Store, Inc.;

Our business is located in a city with heavy construction and real estate activities and also, we can boast of having good business relationship with top manufacturers in the building materials manufacturing industry.

A major weakness that may count against us is the fact that we don’t have our own building material production plant, we are a new building material supply store and we don’t have the financial capacity to compete with multi – billion dollars building materials supply stores when it comes to supplying building materials at a rock bottom prices.

Opportunities:

The fact that we are going to be operating our building material supply store in one of the busiest building material markets in Oklahoma City, Oklahoma provides us with unlimited opportunities to sell our materials to a large number of individuals.

We have been able to conduct thorough feasibility studies and market survey and we know what our potential clients will be looking for when they order building materials from us; we are well positioned to take on the opportunities that will come our way.

Just like any other business, one of the major threats that we are likely going to face is economic downturn. It is a fact that economic downturn affects purchasing / spending power especially construction materials. Another threat that may likely confront us is the arrival of a new building material store in the same location where ours is located. So also, unfavorable government policies may also pose a threat for businesses such as ours.

7. MARKET ANALYSIS

Market Trends

If you are conversant with the Lumber and Building Materials Industry, you will quite agree that the changes in disposable income, consumer sentiment, ever changing trends and of course the rate of home ownership are major growth drivers for this industry.

No doubt, a massive rise in consumer confidence has also contributed in helping the industry experience remarkable growth, but uneven performance in these drivers has led to slightly constrained revenue growth.

So also, the rising demand for both building renovations, as a result of increasing disposable income and consumer sentiment will result in revenue growth, but profit margins will stagnate as building material supply stores keep prices low to attract more sales amid growing competition.

A close watch on industry activities reveals that, the retail market for building materials was hit hard by the economic downturn experienced in recent time. As part of marketing strategies, building material supply stores partner with key players in the construction and real estate industry. They are in the best position to offer you building material supply contract.

8. Our Target Market

We have positioned our building material supply store to service the residents of Oklahoma City – Oklahoma and every other location where outlets of our building material supply stores will be located all over key cities in the United States of America.

We have conducted our market research and feasibility studies and we have ideas of what our target market would be expecting from us. We are in business to supply a wide range of building materials to the following;

Construction Companies
Home Remodeling Companies
Small Building Material Retail Stores

Our Competitive Advantage

A close study of the lumber and building material stores industry reveals that the market has become much more intensely competitive over the last decade. As a matter of fact, you have to be highly creative, customer centric and proactive if you must survive in this industry.

We are aware of the stiff competition and we are well prepared to compete with other leading building material supply stores in Oklahoma City and throughout the United States.

Harrison Anthony™ Building Materials Store, Inc. is launching a standard building material supply store that will indeed become the preferred choice for key players in the construction cum real estate industry. Our building material supply store is located in a corner piece property in the largest building material market in Oklahoma City – Oklahoma.

One thing is certain, we will ensure that we have a wide range of building materials available in our stores at all times. It will be difficult for customers to visit our store and not see the type of building materials that they are looking for.

One of our business goal is to make Harrison Anthony™ Building Materials Store, Inc. a one stop building material shop for customers at all levels. Our excellent customer service culture, online store, various payment options and highly secured facility will serve as a competitive advantage for us.

Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category in the industry meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our aims and objectives.

We will also give good working conditions and commissions to freelance sales agents that we will recruit from time to time.

9. SALES AND MARKETING STRATEGY

Sources of Income

Harrison Anthony™ Building Materials Store, Inc. is in business to retail a wide range of building material to the businesses and residents of Oklahoma City – Oklahoma.

We are in the lumber and building materials stores industry to maximize profits and we are going to go all the way out to ensure that we achieve or business goals and objectives. Harrison Anthony™ Building Materials Store, Inc. will generate income by;

Retailing plumbing supplies.

10. Sales Forecast

One thing is certain when it comes to building material stores, if your store is well stocked with various types of building materials and centrally positioned, you will always attract customers cum sales and that will sure translate to increase in revenue generation for the business.

We are well positioned to take on the available market in Oklahoma City – Oklahoma and we are quite optimistic that we will meet our set target of generating enough income from the first six months of operation and grow the business and our clientele base.

We have been able to critically examine the lumber and building material stores industry and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projection is based on information gathered on the field and some assumptions that are peculiar to startups in Oklahoma City, Oklahoma.

First Fiscal Year: $450,000
Second Fiscal Year: $950,000
Third Fiscal Year: $1. 9 million

N.B : This projection was done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor retailing same building materials within same location. Please note that the above projection might be lower and at the same time it might be higher.

Marketing and Sales Strategy

Before choosing a location for Harrison Anthony™ Building Materials Store, Inc., we conducted a thorough market survey and feasibility studies in order for us to be able to penetrate the available market and become the preferred choice for key players in the construction and real estate industry of Oklahoma City – Oklahoma.

We have detailed information and data that we were able to utilize to structure our business to attract the number of customers we want to attract per time.

We hired experts who have good understanding of the lumber and building material supply stores industry to help us develop marketing strategies that will help us achieve our business goal of winning a larger percentage of the available market in Oklahoma City.

In summary, Harrison Anthony™ Building Materials Store, Inc. will adopt the following sales and marketing approach to win customers over;

Open our building material supply store in a grand style with a party for all
Introduce our building material supply store by sending introductory letters alongside our brochure to construction companies, plumbers, home remodeling companies and other key stake holders in Oklahoma City – Oklahoma
Ensure that we have a wide range of building materials from different manufacturing brand at all times
Make use of attractive handbills to create awareness and also to give direction to our building materials supply store
Position our signage/flex banners at strategic places around Oklahoma City – Oklahoma
Create a loyalty plan that will enable us reward our regular customers
List our business and products on yellow pages ads (local directories)
Leverage on the internet to promote our business
Engage in direct marketing and sales
Encourage the use of Word of mouth marketing (referrals)

11. Publicity and Advertising Strategy

Despite the fact that our building material supply store is well located, we will still go ahead to intensify publicity for the business. We are going to explore all available means to promote our building material supply store.

Harrison Anthony™ Building Materials Store, Inc. has a long – term plan of opening outlets in various locations all around Oklahoma and key cities in the United States which is why we will deliberately build our brand to be well accepted in Oklahoma City before venturing out.

As a matter of fact, our publicity and advertising strategy is not solely for winning customers over but to effectively communicate our brand. Here are the platforms we intend leveraging on to promote and advertise Harrison Anthony™ Building Materials Store, Inc.;

Place adverts on community based newspapers, radio and TV stations
Encourage the use of word of mouth publicity from our loyal customers
Leverage on the internet and social media platforms to promote our business
Ensure that our we position our banners and billboards in strategic positions all around Oklahoma City – Oklahoma
Distribute our fliers and handbills in target areas in and around our neighborhood
Advertise our building material supply store business in our official website and employ strategies that will help us pull traffic to the site
Brand all our official cars and trucks and ensure that all our staff members and management staff wear our branded shirt or cap at regular intervals

12. Our Pricing Strategy

Aside from quality, pricing is one of the key factors that gives leverage to building materials stores, it is normal for consumers to go to places where they can get building materials at cheaper price which is why big player in the lumber and building material supply stores industry will attract loads of clients.

We know we don’t have the capacity to compete with multi – million dollar building material stores but we will ensure that the prices and quality of all the building material that are available in our store are competitive with what is obtainable amongst building material supply stores within our level.

Payment Options

The payment policy adopted by Harrison Anthony™ Building Materials Store, Inc. is all inclusive because we are quite aware that different customers prefer different payment options but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.

Here are the payment options that Harrison Anthony™ Building Materials Store, Inc. will make available to her clients;

Payment via bank transfer
Payment with cash
Payment via credit cards
Payment via online bank transfer
Payment via check
Payment via mobile money transfer
Payment via bank draft

In view of the above, we have chosen banking platforms that will enable our client make payment for supply of our building materials without any stress on their part. Our bank account numbers will be made available on our website and promotional materials.

13. Startup Expenditure (Budget)

In setting up any business, the amount or cost will depend on the approach and scale you want to undertake. If you intend to go big by renting / leasing a big facility, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your facility is conducive enough for workers to be creative and productive.

This means that the start-up can either be low or high depending on your goals, vision and aspirations for your business. The materials and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked.

As for the detailed cost analysis for starting a building material supply store business; it might differ in other countries due to the value of their money. These are the key areas where we will spend our start up capital;

The Total Fee for Registering the Business in Oklahoma City – Oklahoma – $750
Legal expenses for obtaining licenses and permits as well as the accounting services (software, P.O.S machines and other software) – $3,300
Marketing promotion expenses for the grand opening of Harrison Anthony™ Building Materials Store, Inc. in the amount of $3,500 and as well as flyer printing (2,000 flyers at $0.04 per copy) for the total amount of $3,580
The cost for hiring Business Consultant – $2,500
Insurance (general liability, workers’ compensation and property casualty) coverage at a total premium – $2,400
The cost for payment of rent for 12 months at $1.76 per square feet in the total amount of $105,600
The cost for shop remodeling (construction of racks and shelves) – $20,000
Other start-up expenses including stationery ( $500 ) and phone and utility deposits ( $2,500 )
Operational cost for the first 3 months (salaries of employees, payments of bills et al) – $60,000
The cost for Start-up inventory (stocking with a wide range of building materials) – $250,000
The cost for counter area equipment – $9,500
The cost for store equipment (cash register, security, ventilation, signage) – $13,750
The cost of purchase and installation of CCTVs – $10,000
The cost for the purchase of office furniture and gadgets (Computers, Printers, Telephone, TVs, Sound System, tables and chairs et al) – $4,000.
The cost of launching a Website – $600
The cost for our opening party – $7,000
Miscellaneous – $10,000

We would need an estimate of $750,000 to successfully set up our building material supply store in Oklahoma City – Oklahoma.

Generating Startup Capital for Harrison Anthony™ Building Materials Store, Inc..

Harrison Anthony™ Building Materials Store, Inc. is a private business that is solely owned and financed by Harrison Anthony and his immediate family members. They do not intend to welcome any external business partners which is why he has decided to restrict the sourcing of the startup capital to 3 major sources.

These are the areas we intend generating our startup capital;

Generate part of the startup capital from personal savings
Source for soft loans from family members and friends
Apply for loan from the Bank

N.B: We have been able to generate about $250,000 ( Personal savings $200,000 and soft loan from family members $50,000 ) and we are at the final stages of obtaining a loan facility of $500,000 from our bank. All the papers and documents have been signed and submitted, the loan has been approved and any moment from now our account will be credited with the amount.

14. Sustainability and Expansion Strategy

The future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and the business structure. If all of these factors are missing from a business, then it won’t be too long before the business closes shop.

One of our major goals of starting Harrison Anthony™ Building Materials Store, Inc. is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running.

We know that one of the ways of gaining approval and winning customers over is to retail our wide range of quality building materials a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while.

Harrison Anthony™ Building Materials Store, Inc. will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner.

We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.

Check List/Milestone

Business Name Availability Check: Completed
Business Registration: Completed
Opening of Corporate Bank Accounts: Completed
Securing Point of Sales Machines: Completed
Opening Mobile Money Accounts: Completed
Opening Online Payment Platforms: Completed
Application and Obtaining Tax Payer’s ID: In Progress
Application for business license and permit: Completed
Purchase of Insurance for the Business: Completed
Leasing of facility and remodeling the shop: In Progress
Conducting Feasibility Studies: Completed
Generating capital from family members: Completed
Applications for Loan from the bank: In Progress
Writing of Business Plan: Completed
Drafting of Employee’s Handbook: Completed
Drafting of Contract Documents and other relevant Legal Documents: In Progress
Design of The Company’s Logo: Completed
Graphics Design and Printing of Promotional Materials: In Progress
Recruitment of employees: In Progress
Purchase of the needed furniture, racks, shelves, computers, electronic appliances, office appliances and CCTV: In progress
Creating Official Website for the Company: In Progress
Creating Awareness for the business both online and around the community: In Progress
Health and Safety and Fire Safety Arrangement (License): Secured
Opening party planning: In Progress
Compilation of our list of products that will be available in our store: Completed
Establishing business relationship with vendors – manufacturers of building materials: In Progress

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Crafting a winning building materials business plan in nigeria.

Nigeria’s construction industry is booming, fueled by rapid urbanization and infrastructure development projects. This presents a lucrative opportunity for entrepreneurs to venture into the building materials business. However, success in this industry requires careful planning and a well-crafted business plan.

Starting a building materials business in Nigeria involves several key aspects:

Understanding the Market: Familiarize yourself with the local demand for various building materials, such as cement, steel, bricks, tiles, and plumbing supplies. Identify the primary customers, whether they are construction companies, real estate developers, or individual homeowners.
Selecting a Product Line: Decide on the specific building materials you plan to sell. Consider factors like market demand, competition, and your ability to source high-quality products at competitive prices.
Location and Distribution: Determine the ideal location for your business, considering factors like proximity to construction sites, transport infrastructure, and accessibility for customers.

To create a solid business plan that caters to the Nigerian building materials market, it is crucial to address these initial considerations and lay a strong foundation.

Page Contents

Conducting Market Research and Competitive Analysis

Conducting thorough market research is crucial for success in the building materials business. It helps you understand the industry landscape, identify opportunities and potential challenges, and develop strategies to gain a competitive edge.

Market Research:

Customer Analysis: Identify your target customers, such as construction companies, real estate developers, or individual homeowners. Understand their specific needs, preferences, and buying behaviors.
Industry Trends: Stay up-to-date with the latest trends in the construction industry, including new materials, building techniques, and emerging market segments.
Regulatory Environment: Familiarize yourself with relevant laws, regulations, and standards governing the building materials industry in Nigeria.

Competitive Analysis:

Conduct a comprehensive analysis of your competitors to identify their strengths, weaknesses, and market positioning. Consider the following factors:

Competitor Profiles: Research competitors’ product offerings, pricing strategies, distribution channels, and customer service approaches.
Market Share: Estimate the market share held by key competitors and identify potential opportunities to gain a foothold in the market.
Competitive Advantages: Analyze competitors’ unique selling propositions and identify areas where you can differentiate your business.

Conducting thorough market research and competitive analysis can help position your building materials business for success in the Nigerian market.

Developing a Marketing and Sales Strategy

Developing an effective marketing and sales strategy is essential for attracting customers and driving business growth in the building materials industry. Here are some key considerations:

Marketing Strategy:

Brand Development: Create a strong brand identity that resonates with your target audience. This includes a memorable name, logo, and messaging that communicates your unique value proposition.
Promotional Activities: Develop a comprehensive promotional plan that combines various marketing channels, such as:
Advertising (print, radio, TV, or online)
Social media marketing
Trade shows and exhibitions
Partnerships with construction companies or real estate developers
Content Marketing: Leverage content marketing strategies to position your business as an industry expert. This can include creating informative blog posts, videos, or whitepapers on topics related to building materials and construction.

Sales Strategy:

Sales Channel Selection: Determine the most effective sales channels for your business, such as:
Direct sales to construction companies and real estate developers
Retail outlets or showrooms
Online sales through an e-commerce platform
Sales Team Management: Recruit and train a knowledgeable sales team that can effectively communicate the benefits of your products and build relationships with customers.
Pricing Strategy: Develop a pricing strategy that balances profitability with market competitiveness. Consider factors such as production costs, competitor pricing, and perceived value by customers.
Customer Service: Implement a customer service strategy that ensures timely and efficient order processing, delivery, and after-sales support.

To promote your building materials business, attract a diverse customer base, and achieve sustainable growth in the Nigerian market, it is imperative to develop a robust and assertive marketing and sales strategy.

Operational Planning and Supply Chain Management

Effective operational planning and supply chain management are critical for ensuring a smooth flow of building materials from suppliers to customers. Here are some key considerations:

Operational Planning:

Facility and Equipment Requirements: Determine the appropriate facility size, layout, and equipment needed for storing, handling, and distributing building materials. This may include warehouses, loading docks, and material handling equipment.
Inventory Management: Implement an inventory management system to track stock levels, optimize ordering, and minimize excess inventory or stockouts.
Logistics and Transportation: Plan for efficient transportation of building materials from suppliers to your facility and ultimately to customers. Consider factors such as fleet management, route optimization, and compliance with transportation regulations.

Supply Chain Management:

Supplier Selection: Identify reliable suppliers of high-quality building materials, considering factors such as product quality, pricing, delivery times, and overall supplier reputation.
Procurement and Sourcing: Develop a strategic procurement plan that ensures a consistent and cost-effective supply of materials. This may involve negotiating favorable terms with suppliers or exploring alternative sourcing options.
Supplier Relationships: Foster strong relationships with key suppliers through regular communication, collaboration, and mutually beneficial partnerships.
Quality Control: Implement robust quality control measures to ensure that the building materials received from suppliers meet industry standards and customer expectations.

Efficient operational processes and robust supply chain management ensure timely and cost-effective delivery of building materials, driving growth and enhancing customer satisfaction.

Financial Projections and Funding Requirements

Developing accurate financial projections and securing adequate funding are crucial components of a successful business plan for selling building materials in Nigeria. Here are some key considerations:

Financial Projections:

Start-up Costs: Estimate the initial costs associated with launching your business, including expenses for facilities, equipment, inventory, licenses, and permits.
Operating Costs: Calculate the ongoing costs of running your business, such as rent, utilities, employee salaries, insurance, and marketing expenses.
Revenue Projections: Estimate your potential revenue based on factors such as anticipated sales volumes, pricing strategies, and market demand.
Cash Flow Forecasting: Create a detailed cash flow projection to identify potential shortfalls or surpluses and plan accordingly.
Break-Even Analysis: Determine the point at which your business will break even, considering your fixed and variable costs.

Funding Requirements:

Capital Requirements: Assess the total capital required to start and sustain your building materials business, including both start-up and ongoing operational costs.
Funding Sources: Explore various funding sources, such as:
Personal savings or investments
Bank loans or lines of credit
Angel investors or venture capital firms
Government grants or subsidies for small businesses
Investment Pitch: Develop a compelling investment pitch that highlights the market opportunity, your competitive advantages, and the potential return on investment for potential investors or lenders.

In the first year, your building materials business is projected to generate revenue of ₦50 million, with a cost of goods sold of ₦30 million, resulting in a gross profit of ₦20 million.

After accounting for operating expenses of ₦15 million, your net profit for the first year is estimated to be ₦5 million.

As your business gains traction and market share, revenue is expected to increase to ₦75 million in the second year and ₦100 million in the third year.

With economies of scale and improved operational efficiencies, your cost of goods sold and operating expenses are projected to grow at a slower rate, leading to higher gross profits and net profits of ₦15 million and ₦25 million, respectively.

These financial projections are based on assumptions about pricing, sales volumes, and cost structures, which should be carefully evaluated and adjusted based on your specific business plan and market conditions.

Break-Even Analysis:

To determine your break-even point, you’ll need to calculate your fixed costs (costs that remain constant regardless of sales volume) and variable costs (costs that fluctuate with sales volume). Let’s assume your fixed costs are ₦10 million per year, and your variable costs are 60% of revenue.

Break-even point = Fixed Costs / (Revenue – Variable Costs) = ₦10 million / (₦50 million – (0.6 x ₦50 million)) = ₦10 million / ₦20 million = 0.5

This means that your building materials business will break even when you achieve sales revenue of ₦25 million (0.5 x ₦50 million) in the first year.

Based on the financial projections and break-even analysis, you can estimate the total funding required to launch and sustain your building materials business during the initial years. This may include:

Start-up costs (e.g., facility setup, equipment, inventory)
Working capital for the first year of operations
Contingency funds for unexpected expenses or market fluctuations

For instance, if your start-up costs are ₦20 million, and you require an additional ₦15 million for working capital in the first year, your total funding requirement would be ₦35 million.

You can then explore various funding sources, such as personal investments, bank loans, angel investors, or venture capital firms, to secure the necessary capital for your building materials business.

Read also: How Much to Start a Building Materials Business in Nigeria? A Guide

Legal and Regulatory Considerations

Operating a building materials business in Nigeria requires compliance with various legal and regulatory requirements. Failure to adhere to these regulations can result in fines, penalties, or even the closure of your business. It’s essential to understand and navigate these considerations carefully.

Business Registration and Licensing:

Business Structure: Decide on the appropriate business structure for your building materials company, such as a sole proprietorship, partnership, or limited liability company (LLC). Each structure has its own legal implications and tax obligations.
Business Registration: Register your business with the Corporate Affairs Commission (CAC) and obtain the necessary licenses and permits required to operate in your chosen location.
Industry-Specific Licenses: Depending on the type of building materials you plan to sell, you may need to obtain additional licenses or certifications from relevant regulatory bodies, such as the Standards Organization of Nigeria (SON) or the Federal Ministry of Environment.

Environmental Regulations:

Environmental Impact Assessment: Conduct an environmental impact assessment to identify and mitigate potential environmental risks associated with your building materials business, such as air pollution, waste management, and resource depletion.
Waste Management: Develop a comprehensive waste management plan to ensure proper disposal of construction waste, packaging materials, and other byproducts in compliance with environmental regulations.
Sustainability Initiatives: Consider implementing sustainable practices, such as using eco-friendly building materials, promoting recycling, or investing in renewable energy sources, to reduce your environmental footprint and appeal to environmentally conscious customers.

Labor Laws and Employee Regulations:

Employment Contracts: Ensure that all employment contracts comply with Nigerian labor laws, including provisions for minimum wage, working hours, and employee benefits.
Health and Safety Regulations: Implement health and safety measures in your workplace to protect your employees, such as providing proper safety equipment, training, and insurance coverage.
Tax Obligations: Understand and comply with tax regulations, including value-added tax (VAT), income tax, and any other applicable taxes for your business.

By thoroughly understanding and adhering to legal and regulatory requirements, you can avoid costly penalties, maintain a positive reputation, and operate your building materials business in a compliant and responsible manner.

Key Takeaways

Conduct Comprehensive Market Research: Gain insights into customer needs, industry trends, and competitive landscape to develop effective strategies.
Develop a Robust Marketing and Sales Plan: Implement a multi-channel approach to promote your brand, attract customers, and drive sales.
Optimize Operations and Supply Chain Management: Streamline processes, manage inventory effectively, and foster strong supplier relationships.
Prepare Accurate Financial Projections: Estimate costs, forecast revenue, and identify funding requirements for sustainable growth.
Ensure Regulatory Compliance: Navigate legal and regulatory requirements, obtain necessary licenses, and prioritize environmental sustainability.
Steps to Start a Profitable Building Materials Business in Nigeria
#30 Profitable Businesses To Start With ₦300K in Nigeria

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How To Start A Lucrative Building Materials Business In Nigeria: The Complete Guide

How To Start Building Materials Business in Nigeria or Africa: The Guide

With the growth in population and boost in industrial companies comes the need for more buildings. The building materials sector is growing alongside the construction industry, and, judging by current statistics, the numbers are not dropping in the nearest future. On one hand, as the human population increases, the need for residential buildings rises. On the other hand, as more individuals delve into industrial businesses and firms seek to expand their business empires across the world, the need to build suitable industrial structures or upgrade the existing ones also rises.

The global construction materials market as of 2019 was valued at $916.31 billion and there are indications that it will hit $1.2 trillion by 2025 at a CAGR of 5.76%. The Asian building materials market is expected to have the most significant growth in the world. It may probably be because 30% of building materials are produced in China, or it may be that the increase in urbanization and the government’s generation of infrastructure and housing project investments is the main driver. However, countries such as China, France, Japan, Germany and the United States of America dominate the construction materials landscape.

A building materials business remains a lucrative business in Nigeria. The construction materials market was reported to be ₦2.1 billion in 2019, and there are expectations that it will record a massive rise to about ₦13 billion by 2024 at CAGR of 16.7%. Major cities such as Lagos, Kano, Abuja, Port-Harcourt, Kaduna and Benin City are expected to contribute the most to the rapid growth. Private and government projects such as the construction of estates, road, boreholes, and electricity, among others, are some of the notable factors driving the growth of the industry. Retailing construction materials is highly productive both as a small-scale and large-scale business. Despite the high competition in the industry, the success rate is high, given that the necessary factors are put in place. If you’re considering starting a building materials business in Nigeria or anywhere else in Africa, you will find this guide helpful.

See Also : How To Start A Lucrative Network Marketing Business In Nigeria: The Complete Guide

What Are Building Materials?

Building materials are a group of naturally-occurring materials (wood, sand, gravel, timber, etc.) and human-made materials (cement, block, glass, etc.) used in the construction of buildings, roads, bridges, and other basic facilities.

What Is A Building Materials Business?

A building materials business is the purchase, retail and distribution of materials used in construction, and selling of such materials to builders.

See Also : How To Start A Lucrative Ice Cream Production Business In Nigeria: The Complete Guide

Business Opportunities In Building Materials Business In Nigeria And Across The World

1. block production and sales:.

Although there are many other materials used in building, concrete blocks are still the most basic materials used in construction. A block making business is highly lucrative both in large cities and small towns.

2). Cement Production And Sales:

Cement is the material used in almost all modern buildings. This makes the demand for cement prominent in the construction industry. Companies in charge of production, sales and distribution of smile to the bank, thanks to the steady flow of income and endless demands all across the globe.

3). Roof Installation:

Roofing is a critical point of any building, not just because it is essential for safety and security but also because it could be used as a unique decorative part of the home. Sales and distribution of quality roofing sheets and materials make a very lucrative business enterprise because they are the desire of every engineer and homeowner. You could sell roofing materials or offer roof installation services.

4). Sales and Installation Of Aluminium Doors And Windows:

In recent times, aluminium materials have replaced wood in the making of doors and windows. Aluminium doors and windows are top-selling items in the building industry right now. Sales, distribution and/or installation of aluminium windows and doors makes a suitable and lucrative job or business for interested individuals.

5). Carpentry And Interior Design:

Building projects require the services of a carpenter. More so, interior designers are equally on the demand to give the interiors of homes and offices an exquisite or lovely touch that suits the company or the personality of the homeowner.

6). Ceramic Tiles Sales And Installation:

The new trend in home exterior design in most parts of the world is to use ceramic tiles instead of regular paint. Ceramic tiles are also used in the floor design. They add to the aesthetic value of the apartment. Tiles make up a significant part of home design and construction. Homeowners and engineers are always on the chase of experts at tile installation. In the same vein, retailers and distributors of ceramic tiles make significant profits off ceramic tiles.

7). Wallpaper Sales And Installations:

Another modern trend in the construction industry is the use of wallpapers, especially those with 3D designs. 3D wallpapers give hyper-realistic effects to the home, and homeowners love them. Production, sales and installation of wallpapers at residential and industrial buildings hold lots of prospects for experts.

Facts And Benefits Of Building Materials Business

The construction industry is diverse.
Not all aspects of the industry are capital-intensive.
The construction industry is a growing industry, which is beneficial to the business.
Building materials business is not sector-specific.
Starting a building materials business does not require much academic knowledge or qualification.
Countries such as China, France, Japan, Germany and the United States of America dominate the construction materials landscape.
A building materials business is a way of meeting a fundamental human need.
It is easy to start.
The building materials business is not a suit-and-tie profession.

See Also : How To Start A Lucrative Ice Block Production Business In Nigeria: The Complete Guide

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Types of building materials, 1). concrete:.

Concrete is a composite substance made from mixing cement, sand and crushed stone with water. It usually takes up to 7 days for concrete to reach the full strength and requires special attention when extracting it from the case to avoid a reduction in capacity. Concrete is a solid material. It is brittle and has insufficient tensile strength. When combined with steel, concrete is more durable and more suitable for a broader range of structures like tall multi-story buildings, bridges, roads, tunnels and so many others.

Steel is one of the most substantial building materials available. It is also the most ideal for the structural framework of tall buildings and extensive industrial facilities.

Wood is a natural resource, and is the most available and most widely used construction material across the globe, especially in the building of apartment homes in developed overpopulated countries. Large wood types such as timber are used to build the frames of large structures such as multi-story buildings and bridges. Engineered wood is another type of wood used in construction. It consists of various forms of wood glued together for specific construction applications. Examples of engineered woods are glued laminated timber, plywood and fiberboard.

How To Start A Building Materials Business In Nigeria: A Step-By-Step Guide

1). identify your material(s) of interest:.

First off, you have to select the materials you plan to deal in. It is advisable to focus on materials that are closely related, for a start. This will help you streamline your business your investments and efforts. You could, however, choose to expand the scope of your business over time.

2). Write A Business Plan:

A comprehensive business plan is necessary to put your business interests and goals in perspective. It outlines the business plans, scope, objectives, etc.

3). Site The Business:

Like every other business, location is instrumental to the success of a building materials business. Make sure to site your business in a very busy place. Building materials are mostly traded at open markets and select stores. Building materials stores, depending on the area, could be divided into various types: small shops of 70-100 Sq.m, bigger shops of 150-200 Sq.m, large shops of 500-1000 Sq.m. and warehouses of from 500 to 2000 Sq.m. You could choose any store size and open either at the designated building material sector of the market.

4). Register Your Business:

Registration is necessary to establish your business as a legal entity. Register with the legit associations, regulatory bodies and secure all necessary permits.

5). Stock Up:

This is the point where you network with the right distributors or direct manufacturers of the building materials you intend to sell. If your interest is in materials such as cement, it is advisable to buy directly from the manufacturers in order to get quality goods at the best rates possible. In addition to procuring goods, it is necessary to get the right safety kits for members of staff and customers in a bid to forestall accidents and industrial hazards. A building material business has a lot of materials that can cause physical damage. Your store or warehouse needs to undergo the same baby-proofing done to houses, for the safety of your customers, employees, and also you. Asides from baby-proofing, ensure you at all times have a complete first-aid box insight. Showing concern for the safety of your employees is an attractive trait to customers.

6). Employ Staff:

The next step is to employ skilled staff, depending on the kind of building materials in question.

7). Advertise Your Goods And/Or Services:

A building materials business also needs advertisement. Although it is self-advertised, running a marketing program on and offline will benefit you. You could run billboard ads, social media campaigns, you could organize surveys that will get people informed about your business, and patronize you eventually. A decent customer service department is also a successful way of advertisement.

See Also: How To Start A Lucrative Plumbing Business In Nigeria: The Complete Guide

Challenges Of Starting A Bui lding Materials Business In Nigeria

High start-up capital, particularly for large-scale building materials business.
Stiff competition in the industry.
Price policy.
Difficulty in getting trustworthy dealers
Fluctuation in market prices
Risk of buying fake or sub-standard materials
Poor road network
Excessive levies and fees

See Also : How To Start A Lucrative Wind Energy Business In Nigeria: The Complete Guide

To Sum It Up

The building materials business in Nigeria can be a lucrative and profitable venture to start-up, due to its vast market demand and on your ability to build a wide network. If you’re looking for a lucrative business to venture into, the building materials business in Nigeria is a great option to explore.

Trying To Secure A Business Loan? Finance? Or Investment? You can now greatly increase your chances of getting the loan/investment you need with our bank and investor ready professional MBA standard business plan writing service. Writing a bank and investor ready professional building materials business plan can be challenging. If you need a professional and affordable business plan service, StartupTipsDaily’s MBA standard professional business plan writing service is perfect for your small business. All you have to do is request an understanding of your proposed business model, and you’d have a professional MBA standard businesses plan ready for you anywhere within 5 to 14 days. You can click here to get started with using StartupTipsDaily’s professional business plan writing service to create the perfect business plan that’d get accepted anywhere.

What are your thoughts on how to start a building materials business in Nigeria? Let me know by leaving a comment below.

How To Set Up A Building Materials Business In Nigeria

6th July 2022

building materials business plan in nigeria pdf

By ikenna-nwachukwu

Nigeria has a large and thriving construction industry. That’s because as the country’s population expands, the demand for living and working spaces continues to increase.

This means that there’s a great opportunity for making significant sales consistently with the building materials business. If you’re able to figure out where the underserved markets are, you’ll make more than a decent income from selling the materials in those places.

How to Start a Building Materials Business

Here are the steps you need to take to launch a building materials business in Nigeria.

1. Decide What Building Materials You Will Sell

There are a lot of building materials you could sell — cement, tiles, doors, steel rods, bricks, etc. You should choose which ones you’ ll settle for . You may begin with one or a few, and expand your offerings as your business expands. Or you may decide to stick with a single kind of material and become a recognized supplier of that item .

2. Register Your Business Name

Get this done at the Corporate Affairs Commission (CAC), the body legally charged with the responsibility of officially registering businesses in Nigeria. You can do this a t any of their branches closest to you.

3. Write Your Business Plan

A business plan is a document containing such things as an explanation of what your business is and does, the products and services it sells, the type of customers it’s targeting, and the cost of the resources it’ll need to start off and grow in its early periods (among other things).

Y our business plan should include reports about the state of the market for the materials you will be selling. This means that you have to investigate it properly, so that you know where there’s more need for your product, and sell it there .

4. Find a Location

The location of your building materials business will (to some extent) determine its success . A smart idea would be to set up in districts that are developing and have a lot of construction sites .

5. Connect With Reliable Suppliers

The best way to go about this would be to find out where people who are already in the business get their supplies from. W hen you find them, discuss and strike a deal with them that’ll be cost-effective and guarantee maximum performance for your company.

6. Seek Out Customers

Reach out to construction companies and get on good terms with them. Do the same with building site supervisors working in the area you’ve sited your business, or where there’s significant construction work going on. These networks are what you’ll leverage to draw in more demand for the products you sell.

Print business cards and fliers and share them at events, meetings and other appropriate occasions and settings . Your aim here will be to inform other people about what you do .

Final Words

The demand for building materials in Nigeria isn’t going away anytime soon. So it’s a niche that’s worth exploring for anyone who wants to start a business on the periphery of the construction industry. Follow the steps we’ve run through here, and you’ll be on the path to building a successful business.

You might also like:

Networking: building relationships for business growth, unlocking marketing success in nigeria with google my business, how to create a high-converting website on a budget, network, learn, and grow at the connect nigeria business mixer.

ikenna-nwachukwu

Ikenna Nwachukwu holds a bachelor's degree in Economics from the University of Nigeria, Nsukka. He loves to look at the world through multiple lenses- economic, political, religious and philosophical- and to write about what he observes in a witty, yet reflective style.

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How To Start Building Materials Business In Nigeria: Sourcing, Sales, and Success

The building materials business in Nigeria is a significant sector that involves the production, distribution, lease, and sale of various materials and products used in the construction and development of buildings and infrastructure.

This industry plays a crucial role in the country’s rapidly growing urbanization and development, as Nigeria continues to experience population growth and urban expansion.

In this article, we will explore how you can start the sales of building material business in Nigeria.

Below are the steps required to start selling building materials business in Nigeria.

1. Market Research and Business Plan

Market research involves gathering information about the market where you plan to start your building materials business. It helps you understand the needs and preferences of potential customers, the competition you’ll face, and the overall business environment if it is the right place for your business or not.

When you are done with the research, you document your findings in a document called a business plan . It should be as simple as 2-3pages.

The business plan outlines the details of the business and strategies to excel in your building materials business.

2. Choose the Building Materials that your business will offer for sale

There are various building materials that can be sold in the building material business. It is left for you to decide which one will your business be known for selling.

I know you desire to sell all, it is possible but it will require a lot of capital to attain success doing that.

But if you focus on a few and complement other building materials as your business expand, it will be easy for your business to succeed in this industry.

Among many building materials that your business can sell, here are the most profitable building materials in Nigeria:

Concrete Blocks
Roofing Sheets
Sand and Aggregates
Wood and Timber
Paints and Coatings
Floor Tiles
Electrical and Plumbing Materials
Aluminum Products

Which ever you decide to settle on they are all profitable.

You can always complement your choice with a range of building workman tools like; Nails, Shovels, Headpan, Hammer, Screwdriver Set, Measuring Tape, Level, Chalk Line, Circular Saw, Handsaw, Pliers, Wrench SetCrowbar, Utility Knife, Power Drill, Angle Grinder, Trowel, Safety Gear, Scaffolding or Ladder, Wheelbarrow, Masonry Tools, Paint Brushes and Rollers, and other Carpentry Tools (such as chisels, planes, saws etc).

3. Legal Requirements

The two legal requirements for selling building materials in Nigeria are; Business name registration and Tax Identification Number (TIN).

Register your building material business with the Corporate Affairs Commission and obtain your TIN from the Internal Revenue Service.

Registering your business with the CAC formalizes your business as a legal entity and gives it a recognized status. It provides legal protection and establishes the ownership and structure of the business.

Adhering to legal and regulatory requirements not only keeps your business compliant with the law but also builds trust with customers, partners, and suppliers.

4. Secure Your Business Location

Location is key, it should be part of your market research. If you end up in the wrong location, maybe because it is cheap, It will be difficult to get customers and little to no customers means little to no sales.

Likewise if you setup your building material business in the right direction, it means easy access to customers and more sales.

Here are the two major attributes to look out for when finding the perfect location for your building material business:

1. Easy to Get to: Your store should be in a spot that’s not hard for your customers to reach. They shouldn’t have to travel a long way to find your store. This way, more people will come to buy things from you.

2. Space for Stuff: You’ll have a lot of building materials to keep – things like bricks, cement, and other supplies depending on your niche. So, you need a place with enough room or land space to store all of these things. Plus, you need space to show off the products to customers so they can see what they’re buying.

5. Inventory

When you have a business that sells building materials, you need to work with the companies that make or supply those materials. These companies are your suppliers. Building good relationships with them is important.

Apart from building a good relationship, you also need to be able to negotiate favorable terms and take advantage of bulk purchasing discounts.

And in sourcing for the perfect suppliers for inventory, make sure to partner only with reliable partners that you can trust to deliver inventory on time without compromising on their quality.

6. Delivery and Logistics:

When you’re running a business that sells building materials, it’s not just about having things in your store. You also need to make sure those things get to your customers. That’s where delivery and logistics come in.

Normally, some customers do come with their own means of transporting their items if what they will be purchasing is not much.

But when they are buying bulk items, it is ideal for your business to take care of the transportation of the items to their destination.

Taking care of the delivery and logistics enhances customers’ satisfaction. By so doing your business keep having repeated sales and word-of-mouth recommendation.

A truck or lorry is normally the best vehicle for logistics and delivery in the build materials business.

7. Marketing and Promtion

This step focuses on creating awareness for your building material business. Normally, this business is self-advertising if you are perfectly located with a signboard at the front of your business.

But if you are a big dealer and part of your target market is to become a dealer to small retailers, then you should add some marketing effort to sell your business in the eyes of the public in that manner.

The most effective marketing strategies for a building material business are word of mouth, through billboards, television, radio, and by writing your company’s phone number on all your delivery vehicles.

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Final Thought on Starting the sales of Building Materials business

By following these seven steps; Market research and business plan, choose the building materials that your business will offer for sale, legal requirements, secure your business location, inventory, delivery and logistics, and marketing and promotion, you can establish a successful building materials business in Nigeria. Remember that attention to detail, customer satisfaction, and consistent effort are key to thriving in this dynamic industry.

That’s all about “How To Start Building Materials Business In Nigeria”.

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How much can start a building materials business in Nigeria?

It will cost you between N2,000,000 to N18,000,000 to start a profitable building materials business in Nigeria.

The only challenge in starting a building materials business is that it is capital-intensive.

But its profitability and lower risk make it an ideal business venture to be considered by potential entrepreneurs

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Business Ideas

How to start building materials business in nigeria.

How profitable is building materials business, the capital needed to start and the step by step guide.

Are you thinking of starting a building materials business in Nigeria? You are passionate about the sale of building materials and you like the idea of real estate in Nigeria? Read this article to the end. In this article, I am going to be informing you of everything you need to know about the building materials business in Nigeria.

I will be informing you of the capital needed to start a building materials business in Nigeria, a list of building materials that are commonly used, how to grow your building materials business, construction materials business ideas, and more. We all know the real estate business in Nigeria is a lucrative business .

In fact, billions are made from the business yearly whether from the skilled labour, buying, and selling of building materials, buying, and selling of properties, or as a real estate developer in Nigeria . When many people hear about real estate and how to make money from it they think the only way you can make money from it is to buy and sell lands or houses but this is not true.

You can make money from the real estate business in Nigeria in other ways and one of these ways is through buying and selling building materials.

Is Building Materials Business Profitable?

Building materials business is a very profitable business for many reasons. The business is highly profitable because like I said earlier the real estate business in Nigeria is a multi-million naira industry. There is no day people or real estate companies are not building houses or estates in Nigeria.

Every day every part of the real estate is needed. From the bricklayers , roofers, and building materials business, all these people and things are needed every day. So with your building materials business, you will always make sales daily because developers, bricklayers, real estate agents, or other workers related to real estate will patronize you.

Asides from this, the building materials business is also profitable because those who want to renovate their houses will also patronize you.

Capital Needed to Start Building Material Business

After giving you a brief introduction to the building materials business your next question might now be how much to start up a building material business. T o start a building material business in Nigeria you need a capital of at least N500,000. However, if you have more capital to invest in the business you can invest more.

For your building materials business, you do not need a shop all you need is land closer to any major road. You might not even spend money on renting the land you want to use if you know the owner of the land and you know how to bargain.

Here are steps to start building materials business in Nigeria.

1. Do Your Market Survey

When it comes to selling building materials in Nigeria the first step you need to consider is to do your market survey. The market survey of your building materials business lets you know the kind of building materials business you should go into. The market survey will determine whether you can go into all the building materials business you will just specify the kind of building materials you want to be selling.

From my little finding on the building materials business, I have noticed that most people that are into building materials do sell 1 – 3 building materials instead of selling all. Read our article on how to conduct market research for new and old businesses .

2. Write a Business Plan

Except you are selling your building materials for limited years like 0 – 4 years you need to write a building material business plan. The business plan helps you to understand the building materials business and it helps you to know how to grow the business within a short while. To write your building materials business plan you can use some business plan templates .

You can find online or simply hire a professional business plan writer to write it for you. Your building materials business plan will also guide you on the kind of construction materials business ideas you can go into in Nigeria. You should contact us through our email address [email protected] if you want us to write for you.

3. Get the Capital Needed

Depending on the construction materials business idea in Nigeria that you are going into you will need either a huge capital or a small capital. Whichever capital you need you need to get the money either by saving up for the business or by getting family and friends to invest in the business.

The capital will be used to lease or rent land and buy the building materials that you will be selling at least the first batch. Read our article on how to get funding for your business in Nigeria .

4. Rent or Lease an Available Land

After getting the capital needed for your building materials business the next step will be to rent or Lease the land needed for the business. Yes, you need free land that is close to the express road where you can locate your customers or your customers locating you. A shop will be too small as building materials occupy a large space.

When you are considering the land for your building materials business do not consider availability or any other cheap offers you need to also secure your safety, the safety of your customers, and the safety of your goods is important. You do not want to be selling your building materials in an area where armed robbers rob or where cultists fight every day.

5. Buy your Materials Wholesale

When you are ready to buy your building materials it is either you buy them at the building materials market close to you or simply buy them from the building materials producers or distributors. It all depends on your choice and which of these options is closer to you.

But I want to know that buying from the building materials producers or distributors pays more than buying from other building materials sellers. After buying your building materials from any of these choices, you can have them delivered to your place of sale. The moment it is delivered you can then take stock or do the inventory of the building materials to be sure it is complete and the goods are in good condition.

6. Selling Products to Customers

Selling your building materials should not be stressful if your location is easy to spot. Remember I said you should make sure your place of selling is close to a major road. After making sure you are properly located the next step will be to go and attract customers that will come to buy from you.

To do this, you need to visit all the real estate companies and real estate developers in your area. Informing them about your newfound business and how well you will treat them if they come to buy from you. Convincing them will not be easy but once they start buying from you it will be hard for them to stop patronizing you.

7. Increasing Profit of your Building Materials Business

There are different ways or methods you can grow your building materials business in Nigeria. These are:

A. Continuous Advertising

It is one thing to attract customers it’s another thing to retain them. Try as much as possible not to lose any customers, especially at the beginning of the business. You can give them discounts regularly and support them in any way you can to make sure they are loyal to you.

B. Online Advertising

Online advertising (internet) is now one of the largest platforms at which you meet interested buyers that will buy your construction materials. You just need to spend money to run ads either on social media or on blogs. And with that, you will start getting customers from there.

C. Sell all Building Materials

Another way you can grow a building materials business is to sell all the materials. Yes, let your shop be a one-stop for anyone that wants to buy building materials. Once customers know that they can get anything related to building materials in your shop they will always come in to buy building materials from you.

Construction Materials Business Ideas in Nigeria

There are different construction materials business ideas in Nigeria for people that want to go into different construction materials businesses. These are:

A. Construction Equipment Business

You can actually sell construction equipment alongside your construction materials business or only sell construction materials alone. The choice is up to you.

B. House Paint Business

Another construction materials business idea is house painting. You can be buying and selling paintings to customers and if you know how to paint, do painting services for real estate, developers, or individual house households.

C. Steel or Iron Doors Business

Steel or iron doors business is another business under construction materials business ideas in Nigeria. If you do not want to sell common building materials and you want to stand out you can sell steel or iron doors.

D. Building Materials Delivery Business

Building materials delivery business is another construction materials business idea in Nigeria. In the building materials delivery business, all you need to do is get paid to deliver already-bought construction materials to sites. To start a building material delivery business you need to get or buy vehicles like lorries or tippers that will be used to deliver building materials.

Building Materials in Nigeria

There are different building materials in Nigeria. These are ranging from the most important or most common to the least common or least important. Here is the list of building materials and their uses in the real estate industry.

1. Blocks/Bricks

Blocks or bricks are used to build demarcations, fences, and houses. All houses in Nigeria currently are built with bricks.

Cements are used to hold the bricks or blocks together to make them firm. There are different types of cement used for different purposes.

Sand is mixed with cement to plaster buildings and give them a fine look.

Granites are mostly used to build concrete or pillars. Pillars usually hold structures together to make the firm and to avoid collapse.

5. Sharp sand

Sharp sands are used for different reasons when it comes to building structures in Nigeria.

6. Iron rods

Iron rods are used alongside granites, cement, and sand to hold decking and pillars together. There are different types of iron rods used for construction in Nigeria and these irons have different qualities.

7. Roofing sheets

Roofing sheets are used for the top of the building to cover building roofs. These roofing sheets can be made of different materials from ceramics to iron to aluminum.

Woods are also used for different reasons in the construction industry. They can be used to connect and hold the roof of a building together and they can be used to hold concrete till it dries.

9. Paving stones

Paving stones are used in the construction industry to build roads, especially in estates in Nigeria. There are other building materials but these are the popular ones sold by building material sellers.

Biggest Building Material Market in Nigeria

Based on my findings so far the biggest building material market in Nigeria is in Anambra, precisely in Onitsha or Ogidi. There are other building materials material markets in Nigeria however, the most common you will see are individuals selling in different areas in different states in Nigeria.

Building Materials Market in Lagos

There are many building materials markets in Lagos. Depending on the area you are in Lagos you should be able to locate the closest building materials market close to you and if you cannot find you should be able to find individual sellers around you.

Building materials business in Nigeria is lucrative because the real estate business is rapidly growing. All you need to make the business successful is the right connection and proper management of your accounts.

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How to Start a Building Materials Business in Nigeria in 2024

October 1, 2023

Lately, the boom in the real estate industry in Nigeria has made the demand for all kinds of building materials high all over the country. So if you’re looking to venture into the business, it is a fast-moving one.

The building materials business in Nigeria is very profitable and could be a source of daily income if operated the right way. There are different types of building materials, so you can approach the business In many ways.

The building materials business can be started by anybody regardless of location and gender. You can also start the business based on your capital, whether small or huge. That means the business can be started both on a small scale and a large scale.

While the business is very easy to start, you must know all that it entails to start and succeed. That is why we’ve come up with this post to show you exactly how to start a business materials business in Nigeria regardless of your location.

That’s not all, but you’ll also discover the cost of starting, the profit margin of the business, how to source building materials to sell, different ways to start the business, and so on.

So, without further ado, let’s get started!

Table of Contents

Starting a Building Materials Business in Nigeria

Also known as building accessories, the building materials business involves the sales of all kinds of building materials to make money. This business is very popular across Nigeria, as it makes a lot of money.

The building material business is a broad venture that can also be niche. That means you can either start the business by selling all kinds of building materials at once or go with one type such as opening a cement store.

Whether you’re a male or a female, you can start a building materials business anywhere in Nigeria. The profit margin of the business is juicy, and all kinds of building materials sell fast.

Related: How to Start a Cement Business in Nigeria and Make Millions

Building Materials to Sell in Nigeria

There are different kinds of building materials to sell in Nigeria and make money. They include:

Roofing Sheets
Plumbing materials
Electrical materials and accessories
Sand, gravel, etc
Steel rods and other metal products
Equipment used by bricklayers

Is Building Materials Business Profitable ]n Nigeria?

Yes, the building materials business is very profitable in Nigeria. This is usually because of the boom in the real estate sector.

Not just that, but all kinds of building materials have been in high demand over the years. If done the right way, there’s no limit to the amount you can make selling all kinds of building materials at once, or settling for one type of product to sell.

The profitability of this business depends on the individual material you sell. You can’t expect cement to have the same profit margin as roofing sheets. Their cost varies, as do their profits.

However, regardless of the type of products you’re selling, the profit margin of a building material business ranges from 20 to 50 percent. Though you could make more or less depending on the fluctuation of price.

Keep in mind that location also determines how profitable a building material business will be. Also, the more products you’re able to sell, the more money you’ll make.

Check Out: 33 Highly Lucrative Businesses in Nigeria Right Now

How Much Does it Cost to Start a Building Materials Business in Nigeria?

Not having a clue about the capital needed to start a building materials business is one of the things that get people stuck while looking to start the business.

Realistically, the building materials business is capital-intensive. That is you need a reasonable amount of money to get the business off the ground.

Although it can be started both on a small scale and a large scale, the cost of starting depends on whether you want to start selling all kinds of building materials at once or if you want to start with a specific product.

Starting an all-in-one building materials business in Nigeria, you’ll need anything from 500,000 to millions of naira as capital. Nothing down to a specific product, you would need anything from 100,000 to millions of naira depending on the type of product you want to start selling.

For, example, the cost of starting a cement business is different from the capital required to set up a plumbing material store. Here, you can start a small-scale cement business with less than N200,000, while selling plumbing materials could cost you 500,000 naira or more to start.

Related: Top 25 Untapped Businesses to Start with Little Capital

How to Start a Building Materials Business in Nigeria

1. decide on your mode of operation.

Like I said earlier, the building materials business is a broad venture. So, you need to decide on your mode of operation to get started. There are two ways you can operate the business, and they include.

Opening an All-in-One Building Material Store

Opening an all-in-one building materials business involves selling different kinds of building materials all at once in one shop. Starting the business this way could be very profitable, however, it requires huge capital. If you’re looking to open an all-in-one building materials store, you must be able to deal with multitasking.

Starting with a Niche

This involves selling just one type of product at a time in a shop. Niching, you can start a block industry, become a cement distributor or retailer, sell all kinds of roofing materials, get involved in the steel and metal materials industry, and so on.

As a beginner, it would be ideal to niche down while looking to start a building materials business in Nigeria. This is because you’ll be able to quickly grow. Also, it provides the opportunity to later expand into an all-in-one building materials business.

While deciding your mode of operation, you should consider the capital you’ll be able to raise, and also, how much risk you’ll be able to handle. Also, put the location into consideration while deciding on your mode of operation.

See Also: How to Start a Distributorship Business in Nigeria

2. Do a Market Survey

Based on the level at which you want to operate, carry out thorough market research to get to understand the business. Here you’ll need to make some findings on how the business works in your area.

Find out about your target audience, and get to know the best-selling types of building materials to start with. Also, you’ll need to find out the laws guiding the business, as well as the registrations required.

More so, you will also need to research how you’ll price all the types of building materials you want to sell, and also make findings on what moves the prices. To get the best result out of your market research, it would be ideal if you meet someone already in the business, build a business relationship, and do your findings.

3. Draft a Simple Business Plan

Just like every other business, you need to draft a business plan to work with while starting a building materials business. Drafting a business plan will help you understand the business, and it will also serve as a road map toward the success of your business.

In your plan, you should include the short and long-term projections of your business both in terms of growth, as well as finance. You need to make your business plan as realistic as possible, so it would be ideal to get inspiration from free templates you can find online.

Read Also: How to Start a Vegetable Oil Business in Nigeria

4. Get Your Capital

Like I said earlier, the capital needed to start a building materials business is one major thing that sets people back while looking to start the business. This is because it is capital-intensive.

However, there are lots of ways you can source funds for the business. You can seek assistance from friends and family through partnerships or loans to get the business off the ground. Perhaps, if you have a little money at hand, you can walk up to suppliers and ask for goods on part payment. This works well if you want to start a cement business.

5. Get a Store

After raising your capital, the first thing you want to invest in is a store where your goods will be kept for sale. Whether you want to start an all-in-one building materials business, or niche down to one product type, you need a shop to start with.

Depending on how big or the type you want to start, the requirements for shop vary. Selling one product type, you would need a medium size shop to start, while you’ll need a spacious and big store or warehouse while looking to spread across all niches.

Since building materials are usually used for new construction, it would be ideal if you get a shop near or at new construction sites, or a developing suburb area. This will help you make quick sales, as the demand would be high in those places. You can also open a building materials store in town, although you’ll need a strategic marketing technique to stand out.

See Also: How to Start a Cocoa Business in Nigeria Right Now

6. Register Your Business

Not that necessary, but i: you want to start a standard building material business it would be ideal if you register your business with at least the Corporate Affairs Commission (CAC).

This will help your business look more trustworthy, and you’ll gain the opportunity to work with contractors that buy building materials in bulk. Also, if you want to source your product directly from the manufacturing companies, having a registered business will help you get approved more quickly.

Also, find out if there’s any building material sellers association to join, so as not to get disturbed after starting.

7. Source Products

After completing every required registration, the next thing is to find suppliers and source products to sell. The process of sourcing building materials to sell differs based on your mode of operation.

If you’re looking to start an all-in-one building materials business, you’ll need to source suppliers for every product you want to start selling respectively. You can just work with one supplier if you niche down.

While sourcing suppliers, you’ll need to take your time to set some rules that suit you and will help the growth of your business. So, you’ll need to work with those rules and go with suppliers that meet all the criteria.

You can also find someone in the business at the level you wish to operate and ask them to recommend a supplier.

Related: 70 Smart Businesses to Start with 500K in Nigeria

8. Start Selling

Once you have your distributor supply the goods to your shop, the next thing is to start selling. But before that, you’ll need to set up the shop perfectly and arrange the goods in order.

After setting up the shop, you’ll also need to analyze the goods to know how you’ll price them. If you did step one (market survey) well, you should know how much every one of the goods should be priced.

Once that is done, you should then start marketing your products. The best marketing strategies for a building material business are networking and word of mouth.

Here, you’ll need to find and create a business relationship with contractors and bricklayers, then offer them a commission for every customer they bring to you. You can start this with the local bricklayers in your area. It works like magic.

The building material business is a very lucrative venture in Nigeria. And the rise in the real estate industry has caused a daily increase in demand for all kinds of building materials. So, if you’re looking to venture into it, there’s no better time than now. You can start now, and make the most money if you carefully follow the processes explained in this post.

Tags: Building materials Business

His name is Olatunde, he is the founder of Nairarush.com.ng. He is Nigerian who likes sharing information about anything about finance. And because he has been making money online for years now, he also share some information about investing, online business ideas, loans for students and businesses, and lots more.

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How to Start a Building Material Business in Nigeria

Nigeria, with its rapidly growing population and urbanization, presents a lucrative opportunity for entrepreneurs looking to venture into the building material business. The construction industry is a vital sector in the country, and the demand for quality building materials continues to rise.

Starting a building material business in Nigeria requires careful planning, market research, and a solid business strategy. This article will guide you through the essential steps to establish a successful building material business in Nigeria.

Market Research and Analysis: Before diving into the business, conduct thorough market research to understand the demand for building materials in different regions of Nigeria. Identify your target market, analyze competitors, and assess the specific needs of customers. Consider factors such as construction trends, local regulations, and economic indicators that may impact the industry.

Business Plan: Develop a detailed business plan outlining your business goals, target market, products and services, pricing strategy, marketing plan, and financial projections. A well-thought-out business plan will serve as a roadmap for your building material business and help secure funding from investors or financial institutions.

Legal Requirements and Registration: Comply with all legal requirements for starting a business in Nigeria. Register your business with the Corporate Affairs Commission (CAC) and obtain the necessary permits and licenses. Ensure that your business adheres to zoning regulations and environmental standards.

Location and Infrastructure: Choose a strategic location for your building material business. Consider proximity to construction sites, accessibility, and the availability of transportation. Invest in a suitable infrastructure to store and display your building materials securely.

Building Material Selection: Determine the range of building materials you will offer. This may include cement, sand, gravel, roofing materials, tiles, plumbing supplies, and more. Establish relationships with reliable suppliers to ensure a steady and quality supply of materials for your business.

Quality Control and Assurance: Building trust with customers is crucial in the construction industry. Ensure that your building materials meet or exceed quality standards. Partner with reputable suppliers and implement quality control measures to inspect and verify the quality of products before they reach your customers.

Marketing and Branding: Develop a strong brand identity for your building material business. Invest in professional branding, including a memorable logo and marketing materials. Utilize both online and offline marketing channels to reach your target audience. Consider creating a user-friendly website and leveraging social media platforms to showcase your products and engage with customers.

Customer Service: Provide excellent customer service to build lasting relationships with clients. Train your staff to be knowledgeable about the products, assist customers in making informed decisions, and address any concerns promptly. Satisfied customers are more likely to become repeat clients and recommend your business to others.

Financial Management: Implement robust financial management practices to ensure the sustainability of your building material business. Keep accurate records of income and expenses, monitor cash flow, and budget wisely. Consider working with a financial advisor to make informed financial decisions.

Adaptability and Innovation: Stay abreast of industry trends and technological advancements. Embrace innovation and be willing to adapt to changes in the market. Explore new products and services that align with the evolving needs of the construction industry in Nigeria.

Starting a building material business in Nigeria requires a combination of careful planning, market insight, and a commitment to providing quality products and services. By following these steps and staying informed about industry trends, you can establish a successful building material business that contributes to the growth of the construction sector in Nigeria.

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How to Start a Building Material Business in Nigeria

As of now in Nigeria, venturing into the building material business is a surefire way to establish a steady income at any time of the year. After all, the building of houses never stops, not even for a day. Unlike other businesses, the building materials business is not that type that is hindered by things, any time or period of the season. The business is around the year venture.

The way and manner people are building houses and other landing properties can never be jested with as such building material sells really fast and those that capitalize on the business are earning massively.

All this is due to the boom and active dealings in the real estate business in the country.

How to Start a Building Material Business in Nigeria

Now, if you properly stick to the below steps while starting out your own building material business in Nigeria, the success is all yours.

1. How Much Will it Cost to Start Building Materials Business

While there is some business startup that requires no capital investment, building materials require some amount of money if you really want to establish a regular stream of income in the business. The question is then, how much will it cost to start a building materials business ?

Many have asked if I want to start, how much do I need to start a building materials business? as much, as that is a varied question, it shouldn’t discourage you from starting this lucrative business today. If you don’t have much on you, you can source it from family and friends and after your first sales you can pay them up in the installation as the return on investment in the Building material business is high and the turnover time is short.

Some times ago, there was this man in one of the major cities in Nigeria here who disposed of his motorcycle to start a building material business. As of now, the man is doing pretty well in the business and raking home ten of a thousand every day and living his dream life. He even had a car of his own a few months ago. This was a man whose poverty forced him to sell his belongings, but today he has made it big in this business.

2. Identify Your Preferred Niche

To start selling or supplying building materials business , it’s encouraged that you identify a specific area you are going to invest in. Decide if it’s cement or irons or planks or roofing sheets and nails, etc that you will be supplying.

This is very vital because the building materials business has many areas you can explore and it will be tasking and tiring for a single merchant to handle all of them with one finger at a time, hence, you will need to identify a specific area you want to explore and focus on it.

It’s obvious that houses, offices, stores, and the like are springing up in every corner of the major cities like Abuja, Lagos, Porthacort, and the likes every now and then thus, there will be the need for certain materials to aid the smooth construction of those buildings and that’s exactly where you will make your own sale and money.

Selling and supplying a building material business is a great business venture that you will never regret. At least, everyone wants to build a house, a place to boldly claim it’s his own. That’s why the business is lucrative and selling real quick.

3. Look for a Nice Location

If you have the startup capital on you and you have chosen a particular niche you want to explore in the building materials business then, the next thing in line is to look for a perfect area that houses your target audience.

Since there are varieties of niches in this business, each one of these niches has its own perfect location. So, your chosen niche will determine where you will set up your building materials supplying business.

For instance, materials like Cement, Block, Water Storex or Tank, equipment rental, etc are best located in a new and developing area because of the active construction works that will be going on while materials like Asbestos, Paints, wiring materials will thrive well in new sites.

4. Secure a Place

Having secured a perfect location for your business, the next thing is for you to look for a perfect place to settle down since you can’t run a building materials business in the street.

Looking for space or place to carry out the business is an important thing to consider before going into the business properly. Whether it is an open ground, office, store, shop, or warehouse this depends largely on your preferred business niche.

For instance, materials like planks, blocks, or irons don’t need to be kept in a shop, store, or warehouse. Albeit, you don’t need product storage still, you can get an office for hosting your clients.

5. Meet With a Building Materials Business Supplier

You will need to meet with a supplier who will be supplying your products in your chosen area of specialization in the building materials business. Interestingly, there are suppliers for all kinds of building materials used in Nigeria so you won’t have a problem sourcing one.

Only strike a deal with a supplier whose terms and conditions wouldn’t affect your business. Ensure that the one you met will be able to supply you with the needed products on time and regularly. This is very important in the building materials business.

However, some suppliers wouldn’t mind supplying your products and you pay them after-sales if you proved to be our reliable and trustworthy retailer. If you are starting out with a little fund, this will be advantageous on your end.

6. Market Your Building Materials Business

While research proves that 80% of new startup businesses failed within the first 18 months of their establishment, and one of the reasons behind it is a lack of marketing. So, don’t commit the same mistake most building material merchants or dealers do by waiting for their prospective customers to come.

Market your business to your respected audience and let them know the varieties of products you have in your care together with the discount you are ready to offer them if any. Remember, there are plethora numbers of building material dealers out there, but reaching out to your customers is a nice way to boycott your competitors.

So, take advantage of marketing and let your building material business thrive well, only then will you see the desired outcome.

Read Also: 10 Profitable Agriculture Business Ideas

If you have a great entrepreneurial spirit, selling building materials will quickly pave way for you in the entrepreneurial world. Therefore, be serious about the business and make sure you get everything right. With these, the sky is just your starting point.

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Building Materials

TABLE OF CONTENTS FOR BUILDING MATERIALS BUSINESS

Executive Summary

==>CLICK HERE TO CHAT US ON WHATSAPP FOR BUSINESS PLANS & GET A DISCOUNT<==

3 Business Description 4 Vision 4 Mission 4 Name of firm 4 Legal status 4 Location of business 4 Products/services 5 Target market 5 Competition 5 Market Analysis 5 Market Strategies 5 Promotion strategies 5 Competitive Edge 6 SWOT Analysis 6 Legal, Environmental, Socio-Economic and Regulatory Issues 7 Legal 7 Environmental 7 Socio-economic 7 Regulatory 7 Risk Analysis 8 Financial Plan 9 Project cost 9 Funding requirement 10 Projected sales 10 Staff/labour requirement & cost 10 Projected Income statement 11 Projected cash flow statement 12 Projected balance sheet 13 Profitability analysis 14 Break Even Point Analysis 15 Other considerations 16 Economic justification 16 Commercial Viability 16 Conclusion/Recommendation 16

1.0 EXECUTIVE SUMMARY OF THE BUILDING MATERIALS BUSINESS PROPOSAL IN NIGERIA

1.1 Company and Project The following report and recommendation relate to Lucky Nigeria Building Material.

1.2 Project Cost The planned project is to be fully implemented with an investment of N23,470, 000 with a fixed capital of N7,470,000 and a working capital of N16,000,000.

1.3 Project Location The proposed project is to be located in Calabar, Cross River State Because of good available market and access road.

1.4 Projects Vision This project vision is to be a major dealer and a household name in the sale of high quality building materials products to our esteemed customers in the whole of Cross River and neighbouring States

1.5 Market Potential There is a ready market for the planned project. The level of demand for the product is quite high by virtue of the fact that Calabar is a city with high concentration of people.

1.6 Financial Position The financial position reveals a good liquidity and stability. The project turnover for 2016, 2017 and 2018 respectively is N31,420,000; N36,133,000; and N41,552,950. Net profit for 2016 is N4,850,000, increasing to N5,683,000 in 2017 and N6,694,700 in 2018.

1.7 The funding requirement is N23,470,000 which is expected to come from the Federal Government as grant for the Amnesty re-integration programme. 1.8 the project competitive edge is the series of entrepreneurship training undergone under the re-integration programme as the residual knowledge of the entrepreneur.

1.9 Profitability Indicators

7.0 Conclusion and Recommendation From the point of analysis of our finding, the proposed project/business is found to be technically feasible, financially viable and economically desirable. The project offers good investment benefit. We therefore highly recommend it for funding and implementation.

Business Description in the building materials business plan

Our business will focus on the sales of high quality and assorted building material items from local and international manufacturers for domestic and industrial uses.

Vision To be a major dealer and a household name in the sale of high quality building materials products to our esteemed customers.

The Mission To deliver quality building materials products that will meet the building needs of esteemed customer at competitive prices.

Name of firm (Please insert)

Legal status The registration of the planned business with Corporate Affairs Commission will be undertaken as soon as fund for the implementation of the project is available to give the business a legal status.

Location of the business & reasons The promoter wishes to locate the business in Calabar area of Cross River State because of existence of good infrastructure and large population.

Products Our product range will include Cement, Roofing sheets, Ceiling, Doors, Rods, WC & accessories, wheel barrows, paints, and other accessories.

Target Market Group Our target customers will include individuals involved in one building or construction work or another, building contractors, corporate bodies, etc.

Competition The high demand of building material item has occasioned high level competition in the business. To survive the competition, we plan to offer high quality products as well as excellent service delivery.

Market Analysis of the Building materials business plan

Building materials items are in high demand as average of 30 persons in our target market area per day has one building related work to do. Increasing economic activities occasioning rapid development as well as the changing lifestyles in tune with modern trends has positively affected the demand of building material items. Therefore, there exists a ready market for building and construction materials .

Marketing Strategies After sale services, home delivery service and offer of one year warranty will be our core marketing strategies.

GET THE COMPLETE BUILDING MATERIALS BUSINESS PROPOSAL / FEASIBILITY REPORT . To place an order, pay N10,000 to

GTBank (Guaranty Trust Bank) Account Name – Chudi-Oji Chukwuka Account No – 0044157183

After payment text your name and e-mail address to 08060565721 and you’ll receive your BUILDING MATERIALS BUSINESS PLAN / FEASIBILITY STUDY IN NIGERIA .

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Building Materials Financial Business Plan and Projections

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Description
Technical Details

Overview of the Building Material Business in Nigeria

When we put the population of Nigeria and her estimated daily growth rate into consideration, we will then come to the realization that building materials business is one of the most lucrative in the country today. Presently, Nigeria is ranked as the most populous black nations in the world with about 200 million individuals. We expect this figure to reach a massive 500 million by 2050 if the present growth rate is maintained.

It is no doubt that any nation like Nigeria that has a persistently growing population will also have a challenge of accommodation on its hands. Therefore, to overcome this challenge, construction of new buildings will be inevitable. This undoubtedly means that the building materials for each construction work to be completed will be required.

It may shock you to note that in spite of the large number of building materials businesses in Nigeria today, there is still room for more. This is as a result of the supply of these building materials being dwarfed by the ever increasing demand. It simply means that the demand of building materials in the country today is higher than the supply it is receiving.

No doubt, this article is here to provide you the relevant information regarding how to start a building materials business in Nigeria and show you how profitable the business is, potentials of the business as well as the skills needed to start up the business. Feel free to read along as I take you through process of starting up a business in building materials.

Potentials of Building Materials Business

There are a whole lot of businesses to venture into in Nigeria, but the best thing is to have ideas of the right business to venture into in the right place and at the right time. To venture into building material business in Nigeria, you must have the ideas of the problem the business solves, opportunities and prospects and how lucrative it is. Therefore, the potentials of building materials business in Nigeria include:

The construction industry is diverse. We have different categories of business to venture into in this sector. It varies from cement, roofing materials, plumbing materials, timbers, steel and metal products, glass, painting materials, sand and gravel, as well as electrical materials and accessories.
Not all aspects of the industry are capital-intensive.
The construction industry is a growing industry as long as there is an increase in population. This is beneficial to the business.
Building materials business is not sector-specific.
Much academic knowledge or qualification is not really required when starting up a building materials business. All that is required is a sound mind.
A building materials business is a way of meeting a fundamental human need.
The building materials business is not a suit-and-tie profession.
It is very easy to start up.

Requirements to Set Up a Building Material Business in Nigeria

In a bid to set up a building materials business in Nigeria, below is a list of guidelines you need to follow. Please, note that it is not set in a specified order.

The second is the choice of what area to focus your investment. As revealed above, the building materials business is very broad. Your choice will however determine to a large extent how much capital will be required for the business to startup. To cap it all, ensure that your aim for venturing into this business is just the money you will gain. You must focus more on what you can bring to the building materials business sector that will improve it at the end.

Write a Business Plan. The importance of a business plan is to give the entrepreneur a roadmap on what direction to go and a prediction of his expectation in the nearest future. It also helps to attract potential investors that the business is truly viable and will be worth investing in. It as well gives you the knowledge of the kind of staff to employ, their attributes and their roles in moving the business forward.
Feasibility Study and Inquiries. As the business owner, there is a whole lot you need to learn in terms of your duties, mode of operations, the best kind of materials to deal in, getting the reliable suppliers, customer relationships etc. You must to master the details of the business sector, having such knowledge will determine the success of the business.
Location. This determines how profitable the business will be. In starting up a building materials business, you must find a place that has the kind of traffic you need as patronage. You must look out for parts of the areas which are still under construction. Also nearness to suppliers and cost of the building must also be put into consideration. The location of a business is often considered as the mainstay of the business.
Capital. This is what will ensure you get the materials to be sold, the facility to house your business, transportation, payment of staff, among others. Your business depends on it for survival. People do complain that they do not have required capital to start up business. There are several ways of raising capital for business. It could be through bank loan, donations from friends and family and source for investors to partner with you. A good business plan will help you to understand the amount you need to start up the business. Register Your Business. Business registration is vital to your business and it plays a main role in its success. Look for a suitable name for your business and visit the CAC to pick up forms.
Find a Supplier. Carry out research to ensure that you do not patronize dubious and untrustworthy suppliers so as not to incur debt in your attempts to start up a business in building materials. A supplier that will trust you to give you goods on credit and deliver on time as well is needed. Therefore, you must be a trustworthy entrepreneur in order to make it in any business you venture into.
Purchase Building Materials. Since you now have a trustworthy supplier, you can make your purchases and start selling your goods.

Overview of The Template

The Template provides an in-depth financial analysis of everything you need to have in terms of costing and pricing for a successful building materials business venture. Real life costing and pricing is used and the excel template can be modified.

Comprehensive Profit and Loss Projection.
Sensitivity Analysis.
Pre-Operating Equipment Requirements.
Operating Expense List.
Loan Repayment Plan.
Direct Material Cost.
Proposed Pricing.
Cost Forecast.
Sales Forecast.
Cash Flow Statement.
Viability Analysis.

Use Scenarios

This excel template is most suitable for the following:

Organizations and individauls starting a New Start-up Business that need funding in form of grants,loans,partnerships etc. from governement agencies and venture capitalists.
Business and Financial Analysts working on viability and feasibility of a building materials business venture in Nigeria.
Business Administration and Entrepreneurship students who need a comprehensive financial plan for a Business Plan.
Investors and Venture Capitalist who need financial analysis of the building materials business venture for informed decision making.
Entrepreneurs who need expansion ideas for their businesses.

MS Excel Template

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How To Write A Business Plan In Nigeria (Free Samples And Templates)

This post concludes is the last of the series on “How to write a business plan” . The major challenge when it comes to writing a business plan is knowing where to start from. This most business owners and entrepreneurs don’t always get right. Looking through existing business plan templates gives a clear picture of what your business plan should look like.

This post contains a long list of free sample business plan templates that will give you the easy start you really need to write your own business plan.

1. Catering Business Plan

If you love to cook and are thinking about starting a business, combine the two and start a small catering business. But how do you start a small catering business? It’s by having a great business plan detailing every aspect of the business before you get started.

2. Event Planning Business Plan

Starting a catering business in Nigeria is a lucrative business with very good returns, with thousands of events and parties happening every weekend across the country. Event planning business requires a combination of education if necessary, an experience and excellent networking.

Also Read: How to Write a Business Proposal for Clients in Nigeria.

3. Hair & Beauty Salon Business Plan

Salon Business is one of the best and lucrative business in Nigeria right now because it does not cost much and requires little capital to start. Either a barbing salon or beauty salon for women pay a lot because it requires no college degree to start one but skill.

4. Day Care & Child Care Business Plan

Many Nigerian mothers are working at paid jobs or running their own small businesses which consume most of their time. As a result of this trend, there is a growing opportunity for convenience services like child and day care center businesses.

5. Driving School Business Plan

Are you an expert driver? Can you successfully teach others how to drive? If yes, you may be qualified to start a car driving school. There is a great opportunity in this business because most Nigerian are looking forward to owning their own cars. School leavers are also eager to learn how to drive.

6. Agriculture Farm Business Plan

Nigeria is blessed with a favorable soil and climatic condition that can accommodate crops such as onion, carrot, cocoa yam, pear, potatoes, okra, vegetables, beans and so much more. Starting an agriculture farm business is a profitable business opportunity with so much market to serve.

7. Feed and Farm Supply Business Plan

The feed farm production industry has been largely promoted as one of the most profitable agribusinesses to venture into. Africa, especially Nigeria, has a major impact on the worldwide production and distribution of livestock feed.

Also Read: [PART 1] How to write a business plan – Tips when writing your business plan.

8. Fitness Gym Business Plan

Health they say is wealth; the need for health is the need of all both young and old, both for the rich and the poor alike. Would you like to invest in the fitness business, or are you thinking of a business to invest in? You should consider this business option.

9.Pharmacy Business Plan

Pharmacy or drug store business, whether we like or not, has become an integral part of the Nigerian economy today. In a nutshell, drugstores are described as retail establishments that market drugs, be it prescription-based, proprietary, or nonprescription medicine.

10. Fast Food Restaurant Business Plan

The fast-food business in Nigeria is a very profitable business. Food is something we cannot do without even if it’s once a day. The growing population of Nigeria with over 180 million people is also a high contributing factor to the profitability of fast food business in Nigeria. Amidst the current global crisis, one line of business in Nigeria that continues to promise greater returns on investment is the fast food business.

11. Bakery Business Plan

The consumption of bread and other bakery products such as biscuits, chin-chin, gala and meat pie among others, has created a huge market for the wheat flour industry. This sector has provided a lot of opportunities while more opportunities are still open for interested investors that are willing to invest some cash.

12. Internet Cafe Business Plan

The demand for internet cafe services in Nigeria is high especially in business enabled environments like tertiary institutions, offices and in different work areas. This business is one of the profitable medium scale businesses in Nigeria; the business can give a high-profit margin when managed properly.

13. Clothing Boutique Retail Business Plan

Starting your own clothing shop boutique is a good business idea in Nigeria because the fashion industry is one powerful sector that will always be vibrant in any economy because all over the world, people have a basic need for clothing. Beyond this need, fashion is also evolving on daily basis due to the huge and diverse interest in styles.

Also Read: [PART 2] How to write a business plan – Basic template contents & structure.

14. Automotive Car Repair Business Plan

Nigeria is and will always be a big market for cars, both used and new ones. Compared to other African countries, Nigeria alone spends up to $5 billion dollars every year importing vehicles (especially second-hand) from the USA, Canada, Europe, and Asia. Which makes the industry an area worthy of investing.

15. Car Wash Business Plan

The good aspect of this business is that it does not necessarily require a large amount of capital or funding especially when you intend to start. For those who have enough money to invest, this will be a good decision as with more money invested, the business can grow much better and faster leading to better and profitable returns.

Other business plan samples and templates include;

16. Used Cars Sales Business Plan.

17. Online Print Shop Business Plan .

18. E-commerce Retailer Business Plan .

19. Coffeehouse Business Plan.

20. Night Club Business Plan.

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Block Industry Business Plan in Nigeria & Feasibility Study

by BusinessPlan 1 Comment

Concrete Block Industry Business Plan in Nigeria + Feasibility Study on Block Making

CLICK HERE TO DOWNLOAD FEASIBILITY STUDY ON BLOCK MAKING INDUSTRY IN NIGERIA

Block Industry Business Plan in Nigeria – EJ Ben block molding Ventures is an outfit designed to target all persons who have desire to build their houses within time – line, while not compromising structural standards. The goals of this venture are; to create employment opportunities, satisfy our clients with respect to qualitative blocks,mainly non-hollow types of which serves as a competitive edge over my competitors,as well as maximize profits for the upkeep and expansion of this outfit.

Read: Sample Company Profile for a Dangote Cement Distributor

Also read: how to start a cement business in nigeria.

EJ Ben ventures would be located at Emene,Enugu State, Nigeria,along Abakaliki Road Emene.

The project would require a start-up capital of N6,891,000,comprising of N3,305,000 of fixed cost and N3,586,000 of working cost.While it is the vision of the management of this venture to give customers the most qualitative products at desirable prices, the geographical market is the whole of Emene – Obinagu Communities, which Abakaliki road is part of, with an estimated population of about five hundred thousand people.

Learn More: How to Write a Business Plan

2.0 INTRODUCTION

This is about Ej ben block ventures, dealers on quality building blocks.

To be the most outstanding producer of building blocks in Enugu ,not just focused on block production alone but offering delivery and support for our customers.

2.2 MISSION

To ensure that our clients have what they need from us with maximum efficiency and reliability.

2.3 KEY SUCCESS FACTOR

1.To differentiate from box-pushing, price-oriented businesses by offering and delivering service and support and charging for it

2.To decrease risks of building collapse in Enugu metropolis 3.A reliable and steady supply of product.

2.4 BUSINESS OWNERSHIP

It is a sole proprietorship owned by Mr Anih Ejike Ben.

2.5 LOCATION FACTORS

The industry will be at Emene, Enugu state. Reasons for this location are

1.Its nearness to potential customers

2.availability of readily raw materials

3.A target market of the building industry

4.The area is specifically for industrial location

5.A large provisional space for expansion

2.6 AVAILABLE MARKET

Block molding industry is a large and relatively new venture in this part of Enugu state. At present, almost every day, new foundation of buildings are/Aid in the Estate. And a cursory study reveals that in almost every seven (7) buildings, newly built, at least one must be storey building, yet the developers for their contractors engage the services of the inexperienced local block moulders. This suggests that this industry will be a viable one, when it becomes functional, as it will enjoy unprecedented patronage.

2.7 PRODUCTION

The production is on building blocks. Types of blocks

inches 50 127.

6 9 inches 110.50

5 inches 110.50

4 inches 102.00

Inter-locking stones 510/sq meter

Designed blocks 212.50/block

2.8 BUSINESS STRATEGY

Our strategy hinges on providing excellent services and support. This is critical. We need to differentiate on service and support, and to therefore deliver as well.

3.1 NATURE AND SIZE

The project will focus on local markets, commercial and building contractors and industrial builders too, with special focus on new home constructions, project developments and industrial maintenance. Evident shows that the market is growing with the high demand for quality building block materials. The market is characterizes with private developers and government agencies who are financially buoyant to take on massive building construction projects. In addition, with the strategic location of the industry, it shows that 80% of the construction firms seek for their materials in the location because it’s in an industrial location for building materials.

Get the complete 27-Page Block Industry Business Plan in Nigeria / Feasibility Report. To place order, pay N10,000 to:

BANK NAME: GUARANTY TRUST BANK (GTB) ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM ACCOUNT NUMBER: 0044056891 OR BANK NAME: FIRST BANK PLC ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM ACCOUNT NUMBER: 3066880122

After payment, send your name, email address and title of business plan (i.e. block moulding pdf) via text to 07033378184. Your business plan will be sent to your email within 10 minutes after payment. Thank you.

Building Materials Business Plan with 3 Years Financial Projections

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Product Description

The building materials industry in Nigeria is experiencing growth due to high demand for these materials as a result of the growing need for houses in Nigeria

If you are interested in starting your own business, you might consider going into the production or selling of building materials, and because of the high demand, you are sure of daily profit-making.

To increase your chances of succeeding in this business, we have developed the Building Materials Business Plan with 3 Years Financial Projections in order to help you achieve the following:

Get the required approval from the government
Raise funds to start your business from commercial banks and private investors
Understand your target buyers and competitors through adequate market research
Know how to carry out your business financial projections
And much more

As part of our ongoing promo, you will be able to order the business plan at 50% off and download it immediately after payment

This is a ready-made business plan and you can edit or customize it according to your business specifications

It is available in two separate documents, MS Word and MS Excel respectively

To order online, click on the Add To Cart button now and enjoy up to a 50% discount

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IMAGES

Building Materials Business Plan In Nigeria Feasibility Study
How To Start Building Materials Business In Nigeria
How Can I Start A Building Materials Business In Nigeria?
Craft an Effective Building Materials Business Plan
How to Start a Cement Business in Nigeria / Business Plan & Feasibility
BUILDING CONSTRUCTION BUSINESS PLAN IN NIGERIA

VIDEO

How to Build a House| Step-by-Step Guide From Foundation To Roof| Construction of a Duplex Building
BRILLIANT HOUSE DESIGN IDEAS IN NIGERIA 2023
Building materials rate list
Building A House In Nigeria Step by Step Process(2023)//Stages of Building a house in Nigeria
Cost Of Building Materials in Nigeria Q4 2023
KEEPING SCHOOLS OUT OF DETENTION: HAZMAT COMPLIANCE 101

COMMENTS

Building Materials Supply Business Plan [Sample Template]
The cost for Start-up inventory (stocking with a wide range of building materials) - $250,000. The cost for counter area equipment - $9,500. The cost for store equipment (cash register, security, ventilation, signage) - $13,750. The cost of purchase and installation of CCTVs - $10,000.
Building Materials Business Plan in Nigeria
To get your sample Building Materials Business Plan In Nigeria, pay N10,000 to: BANK NAME: FIRST BANK PLC. ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM. ACCOUNT NUMBER: 3066880122. After payment, text your full name, email address and title ( business plan for selling building materials in Nigeria) to 07033378184.
Crafting a Winning Building Materials Business Plan in Nigeria
Starting a building materials business in Nigeria involves several key aspects: Understanding the Market: Familiarize yourself with the local demand for various building materials, such as cement, steel, bricks, tiles, and plumbing supplies. Identify the primary customers, whether they are construction companies, real estate developers, or ...
How To Start A Lucrative Building Materials Business In Nigeria: The
A building materials business remains a lucrative business in Nigeria. The construction materials market was reported to be ₦2.1 billion in 2019, and there are expectations that it will record a massive rise to about ₦13 billion by 2024 at CAGR of 16.7%.
Steps to Start a Profitable Building Materials Business in Nigeria
Continuous Improvement: Regularly reviewing and adapting your strategies, processes, and operations based on industry trends, customer feedback, and market changes is necessary to stay competitive and maintain a successful building materials business in Nigeria. Quality and Customer Service: Maintaining high standards of quality for your ...
How To Set Up A Building Materials Business In Nigeria
How to Start a Building Materials Business. Here are the steps you need to take to launch a building materials business in Nigeria. 1. Decide What Building Materials You Will Sell. There are a lot of building materials you could sell—cement, tiles, doors, steel rods, bricks, etc. You should choose which ones you'll settle for.
How To Start Building Materials Business In Nigeria: Sourcing, Sales
It should be as simple as 2-3pages. The business plan outlines the details of the business and strategies to excel in your building materials business. 2. Choose the Building Materials that your business will offer for sale. There are various building materials that can be sold in the building material business.
How to Start Building Materials Business in Nigeria
Sharp sands are used for different reasons when it comes to building structures in Nigeria. 6. Iron rods. Iron rods are used alongside granites, cement, and sand to hold decking and pillars together. There are different types of iron rods used for construction in Nigeria and these irons have different qualities. 7.
How to Start a Building Materials Business in Nigeria in 2024
For, example, the cost of starting a cement business is different from the capital required to set up a plumbing material store. Here, you can start a small-scale cement business with less than N200,000, while selling plumbing materials could cost you 500,000 naira or more to start.
How to Start a Building Material Business in Nigeria
Register your business with the Corporate Affairs Commission (CAC) and obtain the necessary permits and licenses. Ensure that your business adheres to zoning regulations and environmental standards. Location and Infrastructure: Choose a strategic location for your building material business. Consider proximity to construction sites ...
PDF Block Industry Business Plan in Nigeria
After payment, Text your full name, email address and selected business plan (i.e. pharmacy business plan in Nigeria) to 07033378184. The complete business plan/feasibility study will be sent to your email 15 minutes after payment. For Inquiries call - 07033378184
PDF Entrepreneurial Opportunities in the Production of Building Materials
activities in Nigeria has historically been the local shortage of building materials, especially cement and steel. This is supported by Opara (2011) noting that the Nigerian construction market suffers from shortage of affordable building and construction material due to its over-dependence on imported building materials.
How to Start a Building Material Business in Nigeria
2. Identify Your Preferred Niche. To start selling or supplying building materials business, it's encouraged that you identify a specific area you are going to invest in. Decide if it's cement or irons or planks or roofing sheets and nails, etc that you will be supplying. This is very vital because the building materials business has many ...
Building Materials
1.1 Company and Project. The following report and recommendation relate to Lucky Nigeria Building Material. 1.2 Project Cost. The planned project is to be fully implemented with an investment of N23,470, 000 with a fixed capital of N7,470,000 and a working capital of N16,000,000. 1.3 Project Location.
Building Materials • Business Plan in Nigeria (DOC/PDF 2023)
This actual has made and building materials business a juicy one, if not one of the juiciest or income one in the country. Nigeria has been ranked the many populous African nation and studies have shown that the figures will smash 500 million by 2050, such is adenine 302 grow free the current 198 million is the overflow maintains its present trend.
Block Industry Business Plan in Nigeria & Feasibility Study
Block Industry Business Plan in Nigeria & Feasibility Study - Business Plan - Free download as PDF File (.pdf), Text File (.txt) or read online for free. Business
Building Materials Financial Business Plan and Projections
Overview of the Building Material Business in Nigeria. When we put the population of Nigeria and her estimated daily growth rate into consideration, we will then come to the reali
(2024) List of Business Plans in Nigeria
📑 Download Business Plans in Nigeria This is samphina.com.ng your #1 plug for any Business Plan (Startups) in Nigeria. We understand the time factor, and we have simplified the process so that you can get your Business Plan ready as soon as possible by making available Business Plan for different businesses in Nigeria.
Nigeria to lower construction costs with local and alternative building
Nigeria's infrastructure development drive has the potential to transform the local construction industry and contribute to wider economic growth. One area that stands to benefit from a strong pipeline of large-scale building projects and demand for public housing is the local building materials industry. Due to the underutilisation of raw materials, Nigeria is a net
How To Write A Business Plan In Nigeria (Free Samples And Templates
Looking through existing business plan templates gives a clear picture of what your business plan should look like. This post contains a long list of free sample business plan templates that will give you the easy start you really need to write your own business plan. 1. Catering Business Plan. If you love to cook and are thinking about ...
How to Write a Business Plan in Nigeria
Of course, a business plan is a written document that describes a business, its products or services, strategies and procedures on how it will galvanize it scarce human and material resources in a day-to-day operations in order to make profits. A business plan would contain everything a reader may want to know about your business, starting from ...
Block Industry Business Plan in Nigeria & Feasibility Study
Get the complete 27-Page Block Industry Business Plan in Nigeria / Feasibility Report. To place order, pay N10,000 to: After payment, send your name, email address and title of business plan (i.e. block moulding pdf) via text to 07033378184. Your business plan will be sent to your email within 10 minutes after payment.
Building Materials Business Plan with 3 Years Financial Projections
The building materials industry in Nigeria is experiencing growth due to high demand for these materials as a result of the growing need for houses in Nigeria If you are interested in starting your own business, you might consider going into the production or selling of building materials, and because of the high demand, you are sure of daily ...