Complete Block Industry Business Plan is all you need to set up your block moulding business. It’s a comprehensive business plan for concrete block industry in Nigeria. Therefore, this business plan is relevant for businesses involved in the manufacturing of building concrete, bricks and blocks for masonry. In fact, builders’ association, housing consultant, development agencies, construction workers etc. demand for this.
Table of Contents
The concrete used to make concrete blocks is a mixture of cement, water and sand. However, some special moulds include gravel. This produces a light grey. In fact, the block comes up with a fine surface texture and a high compressive strength. Typically, a concrete block weighs 38-43 lb (17.2-19.5 kg).
Furthermore, Complete Block Industry makes blocks of uniform quality. We sell them at a price reasonable enough to cover costs and make some profit. In fact, our cement concrete blocks are suitable as modern construction materials and as such are used in all the construction works. These include residential, commercial, and industrial building construction.
As a matter of fact, this business plan is for Complete Block Industry. The business is owned by Ngozika Dike. She has over 10 years’ industry experience in Block making and construction works industry.
Furthermore, the estimated cost of setting up the business with relevant machines is N6,000,000 (six million Naira). Our feasibility analysis shows that the project is very profitable. In fact, with aggressive marketing strategies and good management the payback period will be 3 years. Again, the return on investment is very encouraging at 15 per cent net profit margin.
As a matter of fact, the business will generate 25% gross margin and a modest net margin of about 15% in the first and second year and 25 -30% margin after the third year.
In fact, leveraging on the aggressive marketing strategies to be employed, we forecasted a 40% market share in our immediate market environment. Therefore, we have started planning for expansion to other locations within the next nearby town.
To be among the top 5 Block Making company in Abuja by 2025
To meet customers’ expectations in every sense.
In foremost, is the manufacturing of building concrete, bricks and blocks for masonry work. Such building materials that are suitable for builders’ association, housing consultant, development agencies, and construction workers.
Therefore, we produce –
Mrs. ngozika dike.
The enterprise will be managed by the owner/manager Mrs. Ngozika Dike who has over 10 years’ experience in block making business. She has bachelor of Technology (Civil Engineering) from Obafemi Awolowo University Ile-Ife) with focus on Soil Sciences.
Therefore, she is the CEO of the company. She oversees the day to day activities of the business.
Abba Kassim (B.Sc. Management) has over 15 years’ experience in the industry. He has first degree in business administration with specialization project management. Professionally, he is a project management professional. Therefore, he is the business development strategist.
The third person in the order of hierarchy is Adams Adam. Mr. Adam has over 10 years’ experience in the civil engineering business. Therefore, he is in charge of our production unit.
Other staff are those in charge of our packaging and delivery unit.
The business benefits from Large Scale production. It also offers training opportunities for young entrepreneurs.
On the other hand, we manage the business to generate cash-flow for profitability and expansion. In fact, our experience in the industry brings competence and credibility. Therefore, my staff and I will bring operational, processing, packaging, and marketing skills to the business. In fact, our customer service is going to be one of the best in this industry.
Furthermore, our financial projections are as shown below. In summary, however, Investment costs 6million to take off. The promoters of this business requires an amount of 6million equity capital from private investors. Therefor, the money will be use to procure capital equipment and operational cost. However, the analysis is in the cash flow and the income statements shown below.
As a matter of fact, this is an overview of Complete Block Industry Business Plan. The complete package is actually more than this. Depending on the scope of your operation, 20 to 30 page of Complete Block Industry Business Plan will do. Therefore, if you need the complete part of the business plan contact us. In fact, call +234 8034347851 or mail to [email protected].
In conclusion, I know you enjoyed this post. If that’s true, please help share it to reach others. Follow us on any of our social media for your updates. Thanks for reading through. Now, ensure you always visit http://completefmc.com
Deacon Anekperechi Nworgu, a seasoned economist who transitioned into a chartered accountant, auditor, tax practitioner, and business consultant, brings with him a wealth of industry expertise spanning over 37 years.
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Block Industry Business plan – There is virtually no business today in Nigeria that does not require a good plan to execute, especially when the business involves huge amount of money as initial investment . The same can be said about cement block industry business in Nigeria.
To set up a block factory you need a well articulated plan to help set it up; the idea is to avoid waste of resources that may result in the setting up of the business and also running of the business.
The truth is that with a block industry business plan you can set up a block factory that can earn you up to a million Naira on a monthly basis. Note that to earn that much, there must be some high level of work from your own end, the fact is that block industry is a money making business, however, the question that begs for an answer is how can make this money from this business?
This and more are the relevant items I will be discussing. I will also discuss how lucrative this business can be from a friends experience, it was amazing how hard work worked for him within a couple of years, and the funny part of it was that he was not the one who came with the business idea.
How Lucrative Is Block Industry Business?
I have said it in most of the articles on this platform, that there is no business that does not its potentials, there is no unprofitable venture, what we mostly have are bunch of unprofessional business managers, some will say you need luck to be successful, however, while you wait for luck, some other persons make their luck happen for them.
As an entrepreneur or a business man, it is what you put into your business that is what you get, you cannot put laziness and expect huge result, you business can be as successful as the effort you put in. There are a lot of block industry that folded up, not because the business is not lucrative but because the owner didn’t put the required effort needed.
Take for example, I have a friend in Abakaliki, Ebonyi State. He was a known hustler, he has tried his hand in different businesses, from Barbing salon business to Supermarket business, he even sold recharge card for a while and then he tried Okada riding business, we joked that he was a jack of all trade and master of non, in fact he was ready to do whatsoever as long as it is doable.
One will conclude that he didn’t have any business idea, but can run on your idea if he thinks it is viable, someone casually suggested he should use a portion of his father’s land to start a block industry business, he went ahead, took permission from his dad and about two plots was a located to him, I gave him a business plan on block industry, he indeed confessed that the feasibility study was helpful in setting up the business.
The early stages was very difficult, his blocks could stay with him for months before selling any, however, he employed a marketing strategy and a price reduction method. He started going from one building site to another to market his blocks, he will sell a 6 inches block that goes for N150 for N130, this strategy worked like magic. It’s been three solid years in the business, he now has a well equipped restaurant business , and fleet of Okada men under him and for his block industry, through effective marketing he now has many places where his blocks are needed.
As a means of expanding his business, he got two supply trucks, he also got a massive mixer, he even built a mini office at the site. When the business started he was the mixing the cement himself, the last time I checked on him, he now has about four workers who do the mixing and loading, all he does now is supervise and collect money. To be modest, he told me he makes an approximate N850,000 every month all things being equal.
Major Truth About Block Industry Business
Here are some facts deducted from the experience above;
Writing A Block Industry Business Plan
When writing a business template, here are some of the items you should include;
– Business Description – On this item, you must describe what the business is all about, how the business will be run, the capital that will be involved, the growth pattern etc. you will also discuss the business ownership structure.
– Vision and Mission – Your business plan template should also contain a vision and mission statement. It could be to ensure efficiency in service delivery and reliability.
– Research On market – Who are your target market, locate areas where building are springing up, engage the contractors and tell them about the services you offer.
– Location and Business Size – This should address the location where the business should be situated and then the size which actually depends on the capital employed.
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Our Block Industry Business Plan in Nigeria is well documented and can also be used for, but not limited to:
Purpose | Description |
---|---|
1. Grant Applications | Seeking financial support from grants |
2. Bank Loans | Securing loans from financial institutions |
3. Proposal Writing | Crafting business proposals |
4. Business Concept Note | Outlining the core concept of the business |
5. Competitions | Participating in business competitions |
6. Investor Presentations | Pitching the business to potential investors |
7. Strategic Planning | Developing long-term business strategies |
8. Marketing Initiatives | Planning and executing marketing campaigns |
9. Regulatory Compliance | Ensuring adherence to legal regulations |
10. Expansion Strategies | Planning for business growth and expansion |
11. Partnership Proposals | Proposing collaborations with other businesses |
12. Research and Development | Conducting R&D activities |
13. Employee Training | Training employees on various aspects of the business |
14. Stakeholder Communication | Communicating with stakeholders |
15. Sustainability Initiatives | Implementing eco-friendly practices |
16. Industry Analysis | Analyzing the industry trends and dynamics |
17. Market Research | Gathering data on market trends and consumer behavior |
And More | Additional uses beyond those listed above |
The Block Industry Business Plan in Nigeria is beneficial because
The Block Industry Business Plan in Nigeria is important because
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Are you about starting an ice block making business? If YES, here is a complete sample ice block making business plan template & feasibility report you can use for FREE .
Africa has a teeming population that is faced supply electricity problems which has forced many to use ice blocks to preserve their food and drinks. This demand for ice blocks not only from households but from caterers and traders has created a business opportunity for any enterprising entrepreneur.
Aside from the electricity supply problems, a large portion of Africa lies on the earth’s equator and also falls within the tropical climate region, which makes for these parts to face more heat than when compared to other temperate regions in the world.
This hot weather is also another reason why many people often need to take something that is chilled in order to not only rehydrate their bodies but also feel refreshed as well.
1. industry overview.
The terrible electricity supply situation in Africa means that in many countries, less than 20 percent of the population has a connection to the main grid; this situation is not any better in the rural areas , as less than 5 percent of the population in these areas are connected to the main power grid.
This terrible electricity situation is one of the main reasons why the ice block business is booming and has become a lucrative business for entrepreneurs that are willing to go into it.
The cost of manufacturing ice blocks requires the ice block maker, electricity, water and nylon or plastic bag. A 10kg of block of ice will be able to preserve drinks for at most 2 days for a family with domestic needs, while it will help a drink vendor easily sell off his or her stock without having to buy block for at least the two days in question.
A good ice block making machine that is of a little size can churn out 20 blocks in six hours and can go for an average of 3 production cycle a day, and with average prices of those blocks pegged at N100 in the southwestern states, one can easily turn a tidy profit monthly.
Anyone going into this business can pick a niche of ice blocks he or she intends to go into or go into all at once depending on the capacity. Several types of ice blocks that can be produced in Nigeria include ice tube, ice block, ice cube and cracked ice.
This business is a very hygienic one and due to that it is necessary that one source for clean water that is drinkable, such as water that is filtered, purified, distilled, from natural springs or water that is bottled. Asides water, the facility to be used is also very important for the growth of the business.
Sam’s Ice Block Ventures is a standard ice block making business that is not only fully registered but also licensed as well here in Egbeda – Lagos, Nigeria. Before starting our business, we have secured all the necessary permits and licensing from the Lagos State Government.
We are in business to offer various services to all our customers in and around Egbeda. This means that we will be involved in wholesale and retail of ice blocks, cooling services, sell ice block making machines and even help in maintaining or repairing these machines for our various customers.
Our vision is to ensure that we are well known in and around Egbeda for our various services and to be the preferred brand for many.
We intend to run a transparent business that is ethics inclined and that’s due to the fact that we are customer centric as we place a high value on our customers and are ready to go the extra mile to ensure that our customers’ expectations are not only met but exceeded.
We intend to treat all our loyal customers well by ensuring that we offer them discounts during certain times and periods, this will allow them to remain loyal to us and also help refer others to us as well. We intend to build a solid business structure and are willing to go the extra mile in ensuring that we get only competent and hardworking staff to work in our company.
We have laid down procedures and structures, therefore only those who clearly align with our vision and philosophy and understand how to take our business from where we are to where we intend it to be, will be chosen to work for our company.
We will ensure that we inculcate the habit of best practices amongst our employees. Also, to keep our employees happy and also productive, we intend to ensure that we not only create an environment that is conducive for them but that we will pay them well and also ensure that they have great welfare packages better than what their counterparts in similar startups such as ours are having.
Our facility is one that is also easily accessible for our employees and is one that will not be inconvenient for them to get to every morning.
Finally, Sam’s Ice Block Ventures is fully owned and managed by Mr. Sam Adeyanju who has more than 10 years experience in this business and will bring his business expertise to bear. Mr. Sam’s wealth of experience will also ensure that we attain the heights we intend to and that we are able to compete favorably against our competitors.
Sam’s Ice Block Making Ventures is a standard business that is fully registered in Nigeria in order to not only make profit but to close the gap created by lack of electricity supply which the Nigerian government hasn’t been able to solve.
We will be retailing ice blocks and also selling wholesale and also perform other services so as to have multiple sources of income and have a solid bottom line that will boost and sustain our business. Therefore the products and services that we will make available to our customers are;
Our Business Structure
We at Sam’s Ice Block Ventures are set to become a leading ice block making business here in Egbeda as well as all around its environs and to achieve this, it is vital that we build a solid business structure that will allow us start and run our business with as few hitches as possible and also allow us achieve our goals and objectives.
In building a workforce for our business, we will focus on those that understand customer excellence and also the vision that we stand for as a company. Those we will employ must have knowledge of how to work efficiently and how ice block businesses work so that they could help build our business from the start to the level we intend.
Because we will be running an ice block making business that will not be the conventional type that others are running, we will be employing more workers to our business that will be given various positions and tasks. This means that we will not only hire salespeople to sell these ice blocks, we will need those with mechanical knowledge that know how to identify genuine ice block machines but can repair them as well.
Therefore, Sam’s Ice Block Ventures will employ the following people to handle the different responsibilities from its various tasks;
Chief Executive Officer
Human Resource and Admin Manager
Store manager
Accountant/Cashier
Ice block machine repair and maintenance manager
Front Desk Officer
Distribution and Delivery Driver
Marketing and Sales Team
Security Guard
Before starting an ice block business or any business for that matter, one has to understand the business concept in order to determine if the business is worth going into.
Because we intend to run a standard ice block making machine business, we have hired the services of a reputable business consultant here in Egbeda – Lagos, who not only understands the kind of business we are going into but also the area which we intend operating from to look critically at our business and help us determine how we are likely to make it here.
The business consultant will be making use of four attributes – strengths, weaknesses, opportunities, and threats – in order to determine how likely our ice block making will succeed and compete favorably against its competitors. Below is a of the SWOT analysis that was conducted on behalf of Sam’s Ice Block Ventures here in Egbeda – Lagos;
Our strength lies in the fact that we are located in an area that is densely populated and has less supply of electricity compared to other parts of Lagos, this will make our service a highly demandable one for traders, caterers, and domestic users.
Also, we are offering various services in addition to our core service, which makes us to stand out from our competitors who are not offering half of what we are.
We also have in our employ dedicated and committed staffs that have the experience are attuned to our corporate goals and objectives and are willing to work hard to ensure that we attain our corporate goals and objectives. Also, our excellent customer culture is already giving us a high ranking as we have a high retention of our clients compared to that of our competitors.
Our weakness stem from the fact that we are relatively new in the business and as such might not have the required finance and staff capability to be able to get as much customers as we like or be able to compete favorably against our neighbors.
Egbeda is such a huge place in Lagos and so affords us enough opportunities especially as more people are yet to be aware of our core service as well as the additional services such as repair and maintenance of ice block making machines and cooling van services that we offer.
The high population figure here in Egbeda affords us the huge opportunities we will need to grow and expand our business.
Like every other business, we face certain threats to our business as well. One major threat that we will face is the arrival of a major competitor in the same location where we are operating from and offering the same services that we will be offering our customers.
Another threat is a major economic downturn that will cause low patronage from all our customers and lead to low revenue. Also, we are likely to face threats from those who are not in our line of business but who have large refrigerators and can put on their generating sets in order to gain a few customers from our target market.
Also, if the power problem improves and remains steady, we would see a drop in patronage for our services. As a business we are used to any threats that might crop up and are fully ready to combat any threat that our business is likely to face with strategies of our own.
Even though many people own their own refrigerators and fridges that are designed to cool their own drinks, these devices cannot however be carried by people anywhere they go and as such they have to buy from places where drinks are cool.
Most of these vendors who are everywhere buy these ice blocks and cool these drinks for their various customers. This means that the more people are out of their homes, the more they are likely to buy chilled water or drinks outside their homes and the more ice blocks are likely to be sold.
Asides from vendors, other people who also use ice blocks are caterers and those hosting an event that would then need to chill the drinks so that the various invited guests will have something cool and refreshing. Ice blocks offer these people a convenient way at cooling their drinks instead of using a fridge or refrigerator that would hardly serve the purpose.
Even though we are located at a very strategic location here in Egbeda – Lagos, we still had to conduct a market research on who our customers are likely to be and how best we would draft the strategies that will allow us gain a huge share of the target market.
The market research allowed us to understand the characteristics of our target market and also know what they would be expecting from us.
Therefore, the following are those that we will be offering our services to and they are; pure water vendors , soft drink vendors, caterers, households, event hosts, ice block vendors and market traders (meat and fish traders). They are those we will concentrate in marketing our services to.
Our competitive advantage
Our aim of starting an ice block making business is to be able to fill in the gap caused by the lack of electricity supply and ensure that those who require cool drinks are able to get one in order to stay hydrated and also able to feel refreshed especially when they are out and about under the heat of the sun.
However, in conducting our market survey, we have found that we are not the only ice block making business here in Egbeda – Lagos, which means we are likely to face stiff competition in offering our services to the target market.
The feasibility study we conducted allowed us to thoroughly assess our competitors and understand their strengths and weaknesses. Knowing their attributes also allowed us to be able to come up with certain competitive strategies that will be of huge advantage to us and allow us not only attract but retain a huge part o our customers.
The first competitive advantage we have is that we are offering more services than the average ice block making business. This means customers are more likely to patronize us because they know they will get more from us than they would from our competitors.
Also, we understand the value of our customers, which is why we are customer-centric and offer our customers the best care as compared to our competitors. We offer our customers incentives from time to time and also ensure that loyal customers get something from us especially when they refer others to us.
Finally, we employed dedicated and committed staffs that understand how best to run a business such as ours and how we can achieve our goals and objectives as a company. Our employees will be well taken care of as their welfare package will be amongst the best across similar startups such as ours in the industry. This will ensure that they put in their best and increase productivity for our business.
Sam’s Ice Block Ventures is a business that has been established with the intention of making profit in the ice block sector here in Nigeria and we will do all we can to ensure that we offer enough services that will generate enough revenue to boost and grow our bottom line as a company. Therefore, Sam’s Ice Block Ventures will therefore generate income by offering the following products and services;
Due to the nature of the society we are in and the circumstances we have found ourselves, we have found that there will always be a demand for chilled drinks and ice block, which means there will always be a demand for our products that will then translate into revenue generation for our business.
Our strategic position here at Egbeda – Lagos has us well positioned to take over a huge section of the target market in the area where we will be located and has us quite optimistic and allow us meet our set target in order to generate enough revenue and even turn over a profit within our first year of business, thereby growing the business as well as our clientele base.
However, it should be noted that our sales projections were done after a critical examination of the industry as we needed to analyze our chances and know how we were likely to fare in this business. The sales projections were gotten based on information and accurate data gleaned from similar startups such as ours here in Egbeda as well as all over Lagos State.
Below therefore are the sales projections that was conducted for Sam’s Ice Block Ventures depending on several assumptions and data that was made available during the stated period;
N.B : It should be noted that the above projections were conducted based on what is obtainable in the industry as well as on certain assumptions, such as no competitor offering the same services arriving during the stated period, same state of lack of power supply and the downturn of the economy.
It shouldn’t be noted that should any of these factors change, there would be an increase or decrease in the figures projected above.
Marketing is very important for our business because not only will we generate the needed revenue that will grow and sustain our company, but it will also give us a chance to promote the image of our company well. It is to this effect that we have created a marketing budget to be able to cater to all the efforts that it will take to bring in more customers to our company.
We intend also to ensure that we draft marketing and sales strategy that will allow us to penetrate the target market and gain a huge share of customers to our business.
Building a loyal database of customers takes time and we are fully prepared to do so in less time that it will normally take as we intend to deploy conventional and unconventional means in getting the customers we would need for our business.
Asides our core service, we would be offering complimentary services as well which are cooling services and maintenance and repairs of ice block machines or assistance in procuring new machines for our customers. We have empowered our marketing and sales team to draft the necessary strategies that will see us attaining our corporate sales goals and objectives.
We have therefore adopted the following strategies that will ensure that we do not only attract customers but make sure that they become loyal and that a huge percentage of them are retained. Therefore, parts of the marketing and sales strategies that we intend to adopt for Sam’s Ice Block Ventures are;
Even though we intend offering several services that is far better than that of our competitors, we would still need to ensure that we improve on our publicity so that we could not only increase awareness for our business and also compete favorably against our competitors but we would also generate revenue that will boost our business and allow us to grow.
We might need to engage the services of a brand consultant who thoroughly understands the market to help us draft publicity strategies that would be beneficial to our business. Also, the publicity strategies will help communicate our brand positively to our target market. Some of the platforms which we intend to use to promote and advertise our ice block making business are;
Deciding on what prices we would offer our products is very vital as we do not want to offer our customers prices that are too high and might cause them to patronize our competitors or prices that are too low that we would be running at a loss and therefore kill off our company completely.
There are several factors that we would consider when determining the prices for our products and they are; what our operating costs are, what our overheads are, what our competitors are offering and what the demand rate is.
In order to however attract more customers into patronizing our business, we intend to offer all our clients a discount on purchases for the first three months of operation. Even though this might cause us to run at a low margin, we are quite assured that we would not be running at a loss.
Due to the fact that we would not be only offering basic services but will be offering additional services that will bring in diverse customers, we intend to have a payment option that will suit all our various clients. The payment options that we therefore will offer to our various clients at Sam’s Ice Block Ventures;
It should be noted that we carefully chose the above payment options in a bid to make it easier for our various clients and for us as well. We have made our bank account visible on our website especially for those who intend to pay before coming to our office to get the ice blocks.
While generating the necessary capital for a business is vital, it is necessary that one understands what to use the capital for in the first place so that the money would not be spent anyhow before the business starts off. There is no fixed amount to start an ice block making business and as such one’s capital could be low or high depending on the scale of the business the entrepreneur intends starting up.
Even though there are several kinds of ice block making machines, one has to be careful to get the genuine one so that one does not end up buying a product that will continually need repairs which will in turn drain the revenue of the business.
Therefore, in order to start our ice block making business here in Egbeda – Lagos, there are certain requirements we need to fulfill and they are listed below;
From the above estimate, we would require the sum of N1,860,000 in order to successfully start and run our ice block making business here in Egbeda – Lagos State. It should be noted that the amount covers workers’ salaries, purchasing ice block making equipment, a van as well as renting a facility for use for at least a year.
Generating Funding / Startup Capital for Sam’s Ice Block Business
Having the necessary capital to start a business is very important, because no matter how fantastic a business idea is, without the right funds, it remains just an idea; and it is only finance that can make the idea to become a reality. This is why having finance is very important, to start up the business and then to run the business without hitches.
Sam’s Ice Block Ventures is a business that is fully owned by Mr. Sam Adeyanju, which he intends handing over to his immediate family when it is time and so they do not seek to welcome any external investor into their business, which is why they have decided to source for capital from two sources.
The areas where they intend generating start-up capital from are;
N.B : We were able to generate the sum of N1,860,000 with which to start our business. We got N1,600,000 from personal savings and a soft loan of N260,000 from family members and friends.
Every business that is established needs several factors in order to remain sustainable and expand in future as it deems fit. The factors necessary for sustainability and expansion measures are building a solid business structure, conducting a thorough marketing and publicity strategy and also reinvesting back into the business.
Building a solid business structure is very important to us as a new business as we know that this will mean us having fewer hitches than we ordinarily should. We intend therefore to go the extra mile in ensuring that we get the best employees to work for our company.
The employees we will get are those that not only align with our corporate values and objectives but also understand how to take a business from where we are to where we intend to be. We will also ensure that we pay our employees better than other similar start-ups.
It is important that we generate enough revenue for our business that will allow us remain rock solid, which is why we have drafted effective marketing and publicity strategies that we will use in generating the needed revenue for our company and also create awareness as well.
This will allow us compete favorably against our competitors. Finally, we will ensure that we re-invest a part of our earnings back into the business. This action will allow us to have a strong bottom line and sustain our company as well as expand it.
Check List / Milestone
BLOCK AND BRICKS PRODUCTION BUSINESS PLAN IN NIGERIA
FEGEOSTOM bricks and blocks is in the business of making concrete blocks for modern construction. We produce quality bricks and blocks of uniform quality and at a fair price for masonry, builders and construction agents. Our products are used in the construction of residential, industrial and commercial buildings.
The owner, Mr Femi Akinyemi his first degree in building engineering from a reputable university in Nigeria and got his master’s degree from the University of Australia . On his arrival to Nigeria, he saw the need for quality concrete blocks which is currently short in supply.
To fill in the gap, Mr Femi Akinyemi started Fegeostom Bricks and blocks (previously Fegeostom block industry). Though a humble beginning in the suburb of Ibadan, Fegeostom has now grown to neighbouring states with branches in Ogun state, Osun state, Ondo state, and Kwara state.
To be the leading manufacturer of quality concrete blocks in Nigeria.
We offer both the production and delivery of blocks and bricks. We produce concrete blocks of sizes 4-inches, 6-inches and 9-inches. We make interlocking concrete blocks which consist of fancy bricks, perforated bricks of different sizes, colours and shapes. Our Bricks and Blocks are solid, reliable, of high quality and delivered with outstanding packaging.
Competitive edge : We can boldly say we produce blocks and bricks of fine and superior quality. This is our main selling point and we can allow you to put the blocks to test. Another selling point is our employees. They are the best at producing quality blocks using state of the art machines and our sales team is superb. Our delivery system is the best in Nigeria.
Marketing strategy : We have a strong marketing team who has put a firm marketing strategy into place. Our locations are our first strategy by planting our branches in new and developing sites. Not only will our potential customers locate us easily, but it also allows us to make prompt deliveries. We encourage our satisfied customers to market us through word of mouth (testimony and referrals). We also partner with a lot of building agents and builders’ associations as we give discounts and commissions on sales.
Expansion: We have taken it upon ourselves to provide every Nigerian with durable, reliable and affordable bricks and blocks. To achieve this, we want to ensure we are physically present in all the thirty-six states of Nigeria. We are taking this expansion step by step and our immediate expansion is to all states in the southwest of the country.
Strength: Our strength lies in the quality of blocks and bricks we produce. We are always careful to produce blocks that are of high quality. We put our blocks to test, and only blocks that pass the test are sold. Another is the competency of our workers and our entire customer-centric culture.
Weakness : Inability to meet demand due to limited capacity
Opportunities: The opportunities are limitless. As the population increase, there will always be a need for new infrastructures and superstructures. We are here to supply the essential building materials to meet that need. It is a fact that those who haven’t built a house will want to build one, and those that have already built will want to build a bigger one.
Threats: The major threat we face is the policies of government and association. The final price of the blocks are usually affected by these policies
Land: we require at least half a plot (50 by 100 or 60 by 60) for our local block industries and at least a plot for the bigger industries depending on the market.
Machines: Each branch will have at least a Leister Engine for both the molder and the power generator. We would also need at least a molder (vibrator) for the block, molds of different sizes and shapes, block carriers and sheds for storage in all of our branches. This is to house the machines and equipment.
Workers: With an average of nine employees at each branch, we are looking forward to employing over one thousand people in the south-west alone.
Raw materials: A steady supply of raw materials namely fuel, cement, sand and water will be made available for all branches and an average of 50,000 naira profit is expected at the end of each month from the branches.
We have surveyed a total of seventeen new places. An average of 450,000 naira is required to set up the new locations we have surveyed. A total of 8,605,000 naira is needed for this expansion. The business has been able to source for 3,000,000 naira and still in need of 5,605,000 naira.
Block business is a viable and lucrative business in Nigeria that guarantees a prompt and robust return on investment. Join our venture and invest in this business. I can assure you that this will be a worthwhile growth for you as we aim to put a smile to your face.
Our head office is in Ibadan as the business started in its suburbs. The business is supervised from this central location by the chief executive officer and the board of directors. Each branch has its manager and management team that reports back to the head office in Ibadan. With time, we will have regional managers to supervise each zone in Nigeria.
Mr Femi Akinyemi, a master’s degree holder from the University of Australia is the owner and the chief executive officer of Fegeostom. The passion for building, quality building materials, and business made him start this business and support it to its great state today.
The Board of directors are Badejo Christiana (MBA, PMP), Oludare Blessing (M.Tech), Abdulkareem Dauda (B.Engr.), Stephens Chukwemeka, and Lawal Abiodun.
Barrister Moses S. O. is the head of our legal team who handles all the legal aspects of the business. He and his team of legal advisers ensure our business runs legally.
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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
The total cost for cement bricks, concrete pipes and concrete block making machines and start-up inventory - $250,000. The total cost for counter area equipment - $9,500. The total cost for store equipment (cash register, security, ventilation, signage) - $13,750. The total cost for the purchase and installation of CCTVs: $10,000.
A concrete block is a general name used for a variety of blocks used in the construction business. It is also called a concrete masonry unit (CMU). Some examples of blocks are: The standard size of the concrete block well-known all over the globe is a 20cm width X 40cm length X 20cm height hollow concrete block.
Once the whole material and equipment are set, the next thing is to start making the blocks. This requires mixing a proportion of cement, sand, and gravel with water. There's a certain number of blocks that can be made from a bag of cement; about 35 - 40 (9 inches), 50 - 55 (6 inches), and 60 - 65 (4 inches) blocks.
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
6. Employ Workers. You can start with a minimum of five workers and then expand as the business expands. This would mean having two mixers, two carriers and one operator. This can be pulled off from one moulding point and by the time you increase your sites and production you would definitely need to get more hands. 7.
Business Plan on Establishment of a Block Industry - Free download as Word Doc (.doc / .docx), PDF File (.pdf), Text File (.txt) or read online for free. A BUSINESS PLAN SUBMITTED IN PARTIAL FULFILMENT OF THE REQUIREMENT FOR THE COURSE: CEDR 342 (BUSINESS GROWTH AND DEVELOPMENT)
Depending on the scope of your operation, 20 to 30 page of Complete Block Industry Business Plan will do. Therefore, if you need the complete part of the business plan contact us. In fact, call +234 8034347851 or mail to [email protected]. In conclusion, I know you enjoyed this post.
block-industry-business-plan-in-nigeria-amp-feasibility-study-business-plan - Free download as Word Doc (.doc / .docx), PDF File (.pdf), Text File (.txt) or read online for free.
How To Download Bricks and Concrete Manufacturing Business Plan PDF and Doc (With financial analysis) P.S: We can also tailor the business plan to your name, business size, capital requirements, and more to fit your direct needs. Call or message +234 701 754 2853 for inquiries. Thereafter, send us your email address through text message to +234 ...
Hurry Now! Get the Complete Block Industry Business Plan, pay N10,000 to. GTBank (Guaranty Trust Bank) Account Name - Okite Joseph ikenna. Account No - 0044083736. Once payment is made for the Block Industry Business Plan, send the following (i) a valid email address and (ii) your payment details to any of these numbers - 07039768549.
Importance of the Block Industry Business Plan in Nigeria. The Block Industry Business Plan in Nigeria is important because. It will assist you in making sound decision in the administration of the commercial enterprise which will make a contribution to the success of the business. It will additionally gives distinctive statistics on all ...
Cost of purchasing furniture - N10,000. Cost of launching a website - N20,000. Cost of throwing a small party - N20,000. Miscellaneous - N50,000. From the above estimate, we would require the sum of N1,860,000 in order to successfully start and run our ice block making business here in Egbeda - Lagos State.
Executive-Summary-Block-Industry-Business-Plan-in-Nigeria. Financial Plan and Projections. Total Investment Project cost 5million. The promoter's business plan requires an amount of 5million made up of equity capital from private investors. The money will be invested in capital equipment and operational cost.
Land and Equipment Required for Block and bricks Production Business Plan in Nigeria. Land: we require at least half a plot (50 by 100 or 60 by 60) for our local block industries and at least a plot for the bigger industries depending on the market. Machines: Each branch will have at least a Leister Engine for both the molder and the power ...
university of nigeria, nsukka faculty of engineering department of civil engineering topic: establishment of opata block industry a business plan submitted in partial fulfilment of the requirement for the course: cedr 342 (business growth and development) by opata, cletus.o. 2009/163779 lecturer: mr.
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