To sell white and grey cement of various brands for construction purposes.
Product/Service description
The business focuses on selling various brands of white and grey cement to retailers and construction sites. The shop also has the provision of the transporting the cement bags to the construction sites.
Market Scope/potential
Cement business has always been a flourishing occupation in India mainly due to the ever-growing nature of the construction in our country. This is the one business that has hardly been affected by recession. Therefore, a dealership in cement is always a good idea to make a handsome profit. However, some marketing strategies need to be taken care of in order to increase the sales and run the business smoothly.
Opportunities
Less investment is required to establish the business.
Profit margin is good.
Cement is in great demand.
Risks
Competition is more, so good contacts with engineers, architects and builders is a must to do a good business.
A minimum area of 500 sqft. is required to open a cement shop.
Storage should be ideal so that it does not degrade the quality of the cement.
The shop should be in an area where the cement bags can be easily loaded or unloaded from a truck.
Labourers are required to load and unload the cement bags.
There should not be another cement dealership business in the vicinity.
The business should be registered.
Entrepreneurial qualities
Anybody dealing in cement business must have an overall idea of the raw materials used for construction of buildings. He/she should also be able to manage the labourers and drivers who would help in the transportation of the cement bags. In this business, developing contacts and relationships with builders and engineers is the best way to get good sale contracts.
Conclusion
Cement business holds a good scope in the market, as it is one of the most important material used in the construction. Establishing this business does not require a lot of money. So, anybody who has efficient managerial skills and is good at maintaining interpersonal relationships can grab this opportunity and make the most of it.