Starting a Quarry Ready to start a quarry?
You have to deal with numerous environmental laws and business hurdles along the way.
It becomes easier if you are familiar with the industry because you understand the basic operational procedures. Without experience, you may need the assistance of people who are acquainted with the business to help you run it effectively and profitably.
Write a plan for your business. Outline all the steps you need to take to start your business. Your business plan also helps you get loans from the bank and woo investors.
Remember that how well you plan your business determines its future success. Include a distribution strategy in your business plan. This is important because your revenue comes from distribution.
Ensure to obtain all the required permits to operate a quarry from local authorities. Look for a site where you can mine gravel, sandstone, granite or limestone, depending on your business model.
You might have to pay more for this option because of the resources that an existing quarry already has, but it may be better in the long run because the profit is entirely yours. The problem with a profit-sharing arrangement is your landlord might be expecting gross compensation from all the material coming out of the quarry instead of looking at the net earnings.
Also, consider purchasing a franchise. This increases the chances of you succeeding rather than running a small company on your own. Decide whether you want to lease or purchase your equipment. You need equipment including drills, loaders, excavators and trucks to operate a quarry. Leasing might seem convenient, but it becomes expensive in the long run.
Start with used equipment in good condition.
When you start making a profit you can upgrade, if possible.Best Practices for Quarry Business Plans The idea of writing a business plan is intimidating to most aspiring quarry owners. A good quarry business plan, however, is a reality check that gauges your business instincts against hard industry numbers.
A stone quarry business isn’t a child’s play at all as it requires that you area armed with all the basic knowledge about the industry and how you plan to run your Quarry company.
Are you about starting a granite mining business? If YES, here is a complete sample stone crusher & quarry business plan template & FREE feasibility report.
Durango Gravel gravel rock products business plan executive summary. Durango Gravel seeks to expand its existing market niche by becoming a major supplier to the asphalt paving companies in the Four Corners area/5(10).
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This article will give you a basic idea of how to start a granite quarry business, and a subtopic on why you should invest in a granite quarry business, and factors to consider before paying for a quarry.