Breaking News
recent

Top Step

Loading...

7 Steps To Become a Logging Company

Starting a Logging Company – Sample Business Plan Template

Step 1. Research on the Logging Industry
The step you need to take before starting your own logging company is to spend time to research on the logging industry. It is important you do this, because you stand to gain a lot when you carry out proper research.
Part of what you should look out for when researching the logging industry is to know the areas where the business thrives, the financial turnover of the business, the right equipment needed, the type of tree (wood) that is in high demand, the required license, permits and insurance cover needed in the industry, how to source for laborers, the government body saddled with the responsibility of regulating the industry, the umbrella body of logging companies and how you can become a member and loads of other factors that is peculiar to the country or state you intend establishing your logging company.
Step 2. Write Your Business Plan
The information you obtain from your research would be of great help when writing your business plan. You should be able to map out strategies on how to setup your logging company in your business plan. The truth is that if you are able to come up with a good business plan that can pass reality check, then you can be rest assured that you are on your way to building a successful and profitable business.
Step 3. Acquire Relevant Training and Education
Logging business is indeed a big business and should not be handled with levity; little wonder there is a university degree dedicated for forestry. So, it is important that you acquire relevant training and education before launching your own logging company. Part of what you need to do is to enroll for a degree or diploma in forestry and upon graduation; you can apply and work with a logging company or the forestry ministry in your country.
The truth is that when you are properly educated, it makes it easier for you to follow best practices in conducting your business. As a matter of fact, there are laws regulating the logging industry and it is your responsibility to ensure that you abide by the laws.
Step 4. Incorporate Your Company and obtain all the Required License and Permits
The fact that no one can be allowed to go into the forest to start cutting trees without obtaining permission and approval from the government makes it compulsory for you to first incorporate your company, and then obtain all the required license and permits needed to run a logging company. You can consult your lawyer to help you with the registration of your company and perhaps to guide you on the process to follow to be able to obtain your license and permits.
5. Rent or Lease a Facility for your Lumberyard
Starting a logging company means that you would need a facility for your lumberyard, except you want to run a small scale logging company that be operated from your backyard. Therefore, ensure that you secure a facility that is large enough to accommodate both your lumberyard and administrative block. In most states in the US, you would need a special permit to use any facility for a large scale lumberyard. So be sure you inform your realtor that you are looking for a facility to be used for your lumberyard.
Step 6. Purchase the Required Equipments
The major equipments you would need for your logging business are a lumberjack, Feller Bunchers, Skidders, forklift and skeleton trucks for transporting logs. You would also need safety gadgets like protective helmets, safety booths, protective goggles, suitable hand gloves et al. In some cases, you would also need a bulldozer.
Step 7. Network and Market Your Business
The market for logs is indeed a very large market and it is still growing. All you need to do to make good profit in this industry is to properly position your logging company. You cam market your logs to government, construction companies and also to individuals. Ensure that you network with major players in the construction and logging industry. No doubt you are likely to get referrals from your network and also from your clients.
There you have it; the 7 steps that can aid you to follow to successfully establish your own logging company from the scratch, and then build it to profitability within record time.

Ask khabza

Steps To Become the person you want to be in life is in your hands, Business, Education Money, Career

Follow us
Twitter: @StepsToBecome
Facebook: @StepsToBecome
Google+: +Stepstobecome

Powered by Blogger.