3 factors to consider before investing in cement industry

[cherry123]

if you are going into the manufacturing of cement as a producer then you have to consider these three factors before starting out

Availability of raw materials: You need to consider how you would be easily be getting your raw materials

Availability of transportation: You need this to succeed in the industry

The market: You would need your own market segment for supplying your products

 

[Magnus2022]

The first consideration is to check if you are financial capable to invest in such business or whether you should partner with some group of people. The second is to get license from government. In some countries like Nigeria is very rigorous.

 

[flower]

In my locality the cement business would sell better in newly developing areas.

 

[Yohanna]

The location to site the business is the most important thing to consider.

 

[Bisolami]

if you are going into the manufacturing of cement as a producer then you have to consider these three factors before starting out

Availability of raw materials: You need to consider how you would be easily be getting your raw materials

Availability of transportation: You need this to succeed in the industry

The market: You would need your own market segment for supplying your products

That is why it is better to have your own means of delivering the cements by yourself

 

[cherry123]

Just like any other business the location to site the cement business is very important thing to consider the cement business would sell better in newly developing areas anywhere it is established

 

[SHAHID987]

Cement business is lucrative but it is out of range for the average people like us, plus in order to enter in this business one should have interest in it.

 

[cherry123]

I'm trying to go into cement industry so I know the first thing we need to always check is the The financial capable to invest in this business. in my country it is capital intensive

 

[riberet19]

Well I think it's an interesting and profitable sector, but I think the level of investment here can be really high, I don't know exactly much about this industry to be honest.

 

[cherry123]

of course level of investment here can be really high as you buying bulk to reaell. Well, it's an interesting and profitable sector, you need to get knowledge about it to commerce

 

[Yohanna]

Before you can invest in cement industry, you need to have enough capital to kick-start.

 

[eldavis]

The third factor is actually very important, its just that most people tend not to take time out to research the market itself before trying any business out in general.

 

[cherry123]

Cement needs high market demands You would need your own market segment for supplying your products to those that needs it for fast output

 

[Etini Willie]

Cement business requires a robust distribution network for it to succeed. You would need to have a distribution program that would encourage people to come in as distributors

 

[Kera]

You have to consider it the city that you want to start a cement business is a developing continuously developing city that active building is going on.

 

[Rubz]

Three things to consider before going into the cement industry are;
- high capital requirement such as land, equipments, infrastructure
- weather concerns such as heavy rain fall
- government regulations and policies.

 

[Ratine]

I can say that the cement industry businesses are multi billionaire businesses and only a few people can manage it.

 

[Clandestine]

You would have to look at the city you want to invest. Which industries are available there to make people want to settle there and build houses for your cement business to prosper.

 

[Shavkat]

You have a point. I do believe that establishing a good rapport with our clients will be feasible in operating this kind of business.

 

[Ratine]

For me l would consider the availability of the market and the raw materials for the cement manufacturing plant.