Basically a bus transport company plying the west to East & North. How much would set this up & what are the things I needed to know?

Please I need your inputs.
Seun
Nlpfmod
Mynd44

MrBrownJay1:
- buy buses
- know the market
- bring something different than the competition
- train your staff well
- take care of the buses
- MARKETING MARKETING MARKETING

The drivers mustnt be like that of God is good motors

BaEnki:
Basically a bus transport company plying the west to East & North. How much would set this up & what are the things I needed to know?

Please I need your inputs.
Seun
Nlpfmod
Mynd44

Better go look for something else to do, stay away from transportation, unless you want to drive it yourself.

Dshocker:


Better go look for something else to do, stay away from transportation, unless you want to drive it yourself.

My plan is to employ well trained modern drivers & retrain them.
Please could you shed more light on why I should stay away from this?

MrBrownJay1:
- buy buses
- know the market
- bring something different than the competition
- train your staff well
- take care of the buses
- MARKETING MARKETING MARKETING

Thank you so much, how much do you think will start this on a smaller scale?

BaEnki:


My plan is to employ well trained modern drivers & retrain them.
Please could you shed more light on why I should stay away from this?

And you think you training will have any impact on them?

All the transporters plying those route are diabolical.

Everybody wants to make it, so those driver are after what they can get for themselves, they won't care for your company.

That money you want to use for transport, invest it into manufacturing.

Nigeria has large market for any finished goods.

BaEnki:
Thank you so much, how much do you think will start this on a smaller scale?

depends on so many different variable...
- type of bus
- type of facilities
- type of salaries
- percentage of personal involvement in the business
- amount of staff
- location
etc etc

Dshocker:


And you think you training will have any impact on them?

All the transporters plying those route are diabolical.

Everybody wants to make it, so those driver are after what they can get for themselves, they won't care for your company.

That money you want to use for transport, invest it into manufacturing.

Nigeria has large market for any finished goods.

Thank you so much, about the manufacturing, what would you suggest?

Let’s say what N15-30m would start. I was looking into the alcohol market, don’t know how feasible that would be.

Starting a transport company requires meticulous planning and strategic steps. Begin by conducting thorough market research to identify potential niches and competitors. Next, draft a comprehensive business plan outlining your objectives, target market, and financial projections. Secure necessary permits, licenses, and insurance. Acquire suitable vehicles and ensure they undergo regular maintenance. Additionally, establish strong relationships with suppliers and consider leveraging resources like yanmar customer service for efficient fleet management. Finally, prioritize excellent customer service to build a loyal client base and foster growth.