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It is not easy to start up a company, particularly those who need huge money, such as a building material shop. Despite the fact that this firm is considered to be a large corporation, the building material company may be described as a company with promising future possibilities.
There are no seasons for the community to need this enterprise. When a project is received, the profit might be up to 70%. In addition, Indonesia is a developing country and much development is taking place.
Not only do huge buildings or infrastructure require a large number of construction materials but housing developments likewise. Chances are also widespread in rural areas to develop a construction materials business.
Opportunities from the building material business
Below are some of the things which make this shop as a business opportunity attractive and valuable:
1. Development initiatives are carried out actively everywhere, not just in urban regions, but in developing rural or suburban communities. This leads to increased demand for construction supplies.
2. The market is large and always there is, because materials for the construction of a property, including housing, are one of the fundamental necessities of the community. Construction or renovation supplies are usually necessary.
3. The items offered are not valuable, may be kept, and will not expire for an extended period of time.
4. The cost of construction materials keeps on rising, thus the potential profit is even higher. Indeed, if the company owner providing building materials works with contractors, revenues can be bigger and sustained.
5. This business is not competitive enough because many people are not able to start this business or have enough funds. Only one or two construction material stores can be located in a region.
After you open a business selling building materials, the next thing to consider is the strategy of running a business.
Strategy for running a business
The venue is the first thing to prepare. With the following conditions, you must make sure that the location is strategic:
– Located on the side of the highway.
– Close to residential areas where many people are building houses.
– Often passed by the public
– Prepare a large enough land
It is time for you to select a supplier or provider of building supplies for your shop when the capital has been raised. Try to come to a wholesaler for construction materials. Start with basic house building elements. For instance cement, steel, paint, nails, sand, furnace, wood, etc. Make sure you understand the essential needs of this constructing company.
You must make promotions at the beginning of the opening. It is the tactic of hiring local residents to hold a launch or an opening. This marketing at the start of the opening is very crucial to make people aware that there is a new shop around you to buy your necessary goods.