Is operating a lumber yard a good business?

Bisolami

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I think it depends. One of my friend's business in Isabela City, they cannot transport wood tiles now. It means they are greatly affected because illegal cutting of trees there.
Ooh that is not nice I guess the government has their reason for not letting them cut the trees that are there
 
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Starmix

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I think it depends. One of my friend's business in Isabela City, they cannot transport wood tiles now. It means they are greatly affected because illegal cutting of trees there.
They should ask permit from DENR. It's illegal to cut trees. There are specifications to follow by tree buyers. It's against the law.
 

Starmix

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Some of it is from ignorance. I think the industry will need to create more awareness to see educate a lot of people to be aware of it.
Insurance companies introduced many decades ago and it's automatic once buy a car accident insurance is required or else a permit to buy and ride will not be granted permitted.
 

Starmix

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Anything that has to do with lumbering and wood is guaranteed to make you rich. It is a sure business for financial comfortability.
That is so true, the owner can slowly see the profit of his hard work. It is also not easy to maintain a lumber yard, plus the source isn't easy to get permits.
 

Starmix

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Tree cutting here is banned unless there's permit from the Department of Environment and Natural Resources if none they'll land in jail and pay a penalty.
 

Starmix

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that is why there is no banning on cutting off trees there. In my country, it is illegal and those caught will be imprisoned and fined.
 

Starmix

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There are only a few people who operate a business like this for it requires a million capital. Once you sell lumber, it is expected that you also sell different shapes and sizes of your lumber. It would be a waste of energy to those who would come to buy if only found out there is none they're looking for.
 

eldavis

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Personally i feel there is no business out there that is not lucrative, every business is lucrative, the most important thing is that you find the right location to get your target audience.
 

cherry123

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I do think same too that a lot of businesses out there can be lucrative, it is to find the right location to get your target audience. with this you make money
 
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