LOGGING COMPANY BUSINESS PLAN SAMPLE TEMPLATE
A logging business is a business that involves the felling of trees on a commercial scale. Basically, a logging firm makes timber available and also provides other services that relate to forestry and silviculture. One of the criteria for starting a logging business is the understanding of logging products as well as logistics.
If you are one of those individuals that love working outdoors and also very much interested in starting a logging business, then you are on the right page. This article contains tips on how to start a logging business. These tips will come in handy for anyone that is looking to start up a logging business.
Here is a sample business plan for starting a logging business.
Step 1: Get the Required Knowledge About the Logging Industry
There are many ways to get the needed information about the logging industry. Information about the logging industry can be gotten both formally and informally. As an individual that intends to start a logging business, you should be knowledgeable about the techniques that are used in forest management, you should know what equipment is needed for the felling and transportation of logs of wood.
To make sure that you have the needed knowledge level to be successful in this business, ensure that you get formal knowledge by undergoing through special courses in tertiary institutions that will help you sharpen your skill in this business.
Step 2: Carry out Your Market Research
Market research is needed to help you sustain your presence in this industry. While carrying out your market research, you should ensure that you learn about the standard as well as the safety regulations that the logging industry is associated with.
When starting a logging business, you might have to deal with the federal as well as the state government. This means you will have to get a lawyer that is knowledgeable in this field so you can be properly guided on the procedures to be taken.
Step 3: Get Your Business Plan Ready
The success of a lot of business is dependent on the quality of the business plan. With a business plan, you as the owner of the business can have a clear vision of the reason for the business.
Your business plan should include how you want to go about your business in general, the products and services that you intend to offer, your aim of starting a logging business, your target market, and also how you intend to finance your business
Step 4: Get the Needed Logging Contacts
In this business, if you do not have any contacts, you might just be headed for failure. This makes it very important to build your contact list in this industry. Now, to make the needed business contacts, you will have to become a part of organizations.
There are a lot of organizations that you can join to help you create the right network of contacts. Apart from making lots of contacts, as a part of an organization, you will be in the know about the latest happenings in the logging industry.
Step 5: Get the Needed Equipment
There is always a set of equipment that is ideal for the type of logging business that you intend to set up. In spite of this, there is some equipment that is commonly needed by anyone that intends to go into the logging business. Some of them are axes, chainsaws, splitting wedges, maintenance tools and splitting mauls.
Step 6: Get a Truck
A pick-up truck is an unavoidable tool that is needed to successfully run a logging business. Now the truth is this; getting a truck to run your business will cost you some money. Now, if the money that is needed to get the truck is not available.
Then you should get someone that owns a truck to partner with you for the time being until you are able to get a truck for your business.
Step 7: Purchase a Wood Lot
When planning on starting a logging business, the purchase of a woodlot should be a major part of your plan. However, if you are unable to get your own woodlot as a result of finances and other associated reasons, then you will need to look for individuals that own lands and will be willing to allow you rent their lands. To locate those that fall into this category, you can check on craigslist.org as well as local newspaper.
Step 8: Place Adverts for Your Business
Advertising is a much-needed sales strategy for any business to boom. It is even more important for new businesses as it is one of the ways through which people can be aware of the existence of your business.
To advertise your business, you can pay for a space on your local newspaper, you could make your posters available in public places such as banks, hospitals etc. Finally, having a strong internet presence will also help pave way for the growth of your logging business.
You do not need a special skill to set up a logging business. If you do not have what it takes to run this business, you can learn on the job.