Is operating a lumber yard a good business?

[Starmix]

@Shavkat, those operators must seek a permit from the Department of Environment and Natural Resources to know the type of wood allowed to be cut for lumber. They must follow the rules and regulations of DENR, or see they will be banned forever.

 

[cherry123]

Same here in my country before dealing on this you need the permission from Department of Environment and Natural Resources to know the type of wood allowed to be cut for lumber.

 

[Bisolami]

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

You have a very valid point and the best thing is to know the kind of people your customers are so that you can advertise to them

 

[cherry123]

Yeah every business needs one knowing the kind of customers they have you would be able to know advertise better for them to patronise you daily as it should be

 

[Starmix]

Owning a lumber yard is a good business if you follow the rules and regulations of the Department of Environment and Natural Resources ( DENR) Those logs or lumber confiscated did not have permit to operate.

 

[Yohanna]

I don't know anything about this business but I think examination must be carried out before investing.

 

[Starmix]

@Shavkat, they might not comply the DENR rules and regulations. They must seek petmit to pass and permit to operate such business legally. Their licence might have been confiscated by the authorities.

Post automatically merged: Mar 26, 2023

It wasn't insured. If it was insured, it won't be as bad as that. He would not have been depressed by now

That's bad to know that business wasn't insured. It's a risk to operate a flammable business. It's good to get a policy against fire to avoid burden of financies.