stone crusher business plan in ethiopia pdf

Stone Crusher and Quarry Business Plan [Sample Template]

By: Author Tony Martins Ajaero

Home » Business Plans » Construction & Engineering

Are you about starting a granite mining business? If YES, here is a complete sample stone crusher & quarry business plan template & FREE feasibility report.

Okay, so we have considered all the requirements for starting a stone crusher & quarry business. We also took it further by analyzing and drafting a sample stone & granite marketing plan template backed up by actionable guerrilla marketing ideas for quarry businesses. So let’s proceed to the business planning section.

Why Start a Stone Crusher & Quarry Business?

As an aspiring entrepreneur with an interest in the construction cum building industry who is looking towards starting a business, one of your best options in making a launch into the industry is to start a stone quarry business. This business does pretty well in some parts of the world and wouldn’t do well in others.

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In Nigeria for instance; Part of what you would need to launch this type of business is your mining license, your excavating, stone crushing and selection machines, trucks cum tippers and employees. A stone quarry business isn’t a child’s play at all as it requires that you are armed with all the basic knowledge about the industry and how you plan to run your Quarry company.

In as much as people can start this business at a local level on a small scale, it will be a wise decision to write a good business plan document- especially if you choose to start the business on a large scale and as a standard business that can employ more than a handful of people. Below is a sample stone quarry company business plan that will help you successfully launch your own business;

A Sample Stone Quarry Business Plan Template

1. industry overview.

A stone quarry business is a business that involves the excavation of different dimension of stones, rocks, ripraps, construction aggregates, slates and gravels for the constructions industry.

Players in this industry basically extract rocks from an open-pit mine and the rocks are crushed to produce construction aggregate, which is them screened into different size categories either for immediate use in construction sites, or taken for further processing.

No doubt, the stone quarry line of business is a key sector in the building cum construction industry; they supply important building cum construction raw materials. There are locations where such business can hardly thrive either due to lack of natural resources (rocks and quarry mines) or due to environment hazard in such locations.

The Stone Quarry line of business is indeed a thriving line of business and pretty much active in key locations in North America, Africa, Asia and South America they generates several billions of US dollars annually from several registered and unregistered small – scale, medium scale and big stone quarry companies scattered all around Africa, Asia, North America and South America.

This line of business is responsible for the employment loads of people directly and indirectly all around the world. Any aspiring entrepreneur that is considering starting a stone quarry business whether on a small scale or in a large scale should ensure that he or she, obtains all the necessary permits from both the local government, state government and the federal government.

He or she should ensure conducts thorough market survey and feasibility studies so as to get it right. The truth is that, this type of business do pretty well when it is strategically positioned. Any location that is close to communities with rich deposit of stone mines cum rocks.

Over and above, stone quarry business is a profitable business venture and it is open for any aspiring entrepreneur to come in and establish his or her business; you can chose to start on a small scale on a large scale with robust distribution network all across major construction sites and cement factories in Nigeria.

2. Executive Summary

Joseph Ileaboya & Sons Stone Quarry Company is a standard and licensed stone quarry company that will be based in Okpella – Edo State, Nigeria. We are registered under the Nigerian Corporate Affairs Commission (CAC).

Although we intend starting out on a small scale as a cottage company, but that will not in any way stop us from maximizing our potential in the stone quarry line of business by supplying building and decorative stones, crushed granite, dimension granite, paving slabs, slates, gravels, aggregates – stones, rocks, ripraps, limestone, lime burning (calcimine) – used as cement with sand, to make mortar and also in agriculture for the purpose of improving soil quality and cement et al not just to small construction companies cum sites but to larger construction companies cum sites all across Nigeria.

Our business goal as a stone quarry company is to become the number one choice of construction companies cum construction sites in Nigeria where we intend supplying building and decorative stones, crushed granite, dimension granite, paving slabs, slates, gravels, aggregates – stones, rocks, ripraps, limestone, lime burning (calcimine) – used as cement with sand, to make mortar and also in agriculture for the purpose of improving soil quality and cement et al.

As a business, we are willing to go the extra mile to invest in owning our own world – class and environmental friendly stone quarry and also to hire efficient and dedicated employees. We have been able to secure permits and license from all relevant departments both at local government level and state level in Edo state.

Joseph Ileaboya & Sons Stone Quarry Company is set to redefine how standard stone quarry business should be run, not just in Edo State, but also in the whole of the Nigeria. This is why we have put plans in place for continuous training of all our staff at regular interval.

No doubt the demand for dimension of building and decorative stones, crushed granite, dimension granite, paving slabs, slates, gravels, aggregates – stones, rocks, ripraps, limestone, lime burning (calcimine) – used as cement with sand, to make mortar and also in agriculture for the purpose of improving soil quality and cement et al is not going to plummet any time soon which is why we have put plans in place to continue to explore all available market around construction sites where we intend supplying our products.

In the nearest future, we will ensure that we create a wide range of distribution channels all across Nigeria. With that, we know we will be able to maximize profits in our business.

Joseph Ileaboya & Sons Stone Quarry Company will at all-time demonstrate her commitment to sustainability, both individually and as a firm, by actively participating in our communities and integrating sustainable business practices wherever possible.

We will ensure that we hold ourselves accountable to the highest standards by meeting our customers ‘needs precisely and completely. We will cultivate a working environment that provides a human, sustainable approach to earning a living, and living in our world, for our partners, employees and for our customers.

Joseph Ileaboya & Sons Stone Quarry Company is a family business that will be owned by Mr. Joseph Ileaboya and his immediate family members. Mr. Joseph Ileaboya is an astute businessman who has been able to start and grow several businesses before starting Joseph Ileaboya & Sons Stone Quarry Company.

He has a degree in Civil Engineering from the University of Benin, Edo State. He has well over 10 years’ hands on experience in the construction cum building industry prior to starting Joseph Ileaboya & Sons Stone Quarry Company

3. Our Products and Services

Joseph Ileaboya & Sons Stone Quarry Company was established with the aim of maximizing profits in the construction cum building industry. We want to compete favorably with the leaders in the industry which is why we have but in place a competent team that will ensure that our products are of highest standard.

We will work hard to ensure that Joseph Ileaboya & Sons Stone Quarry Company is not just accepted in Edo State but also in other states all across Nigeria where we intend supplying our products. Our products are listed below;

• Building and decorative stones
• Crushed granite
• Dimension granite
• Paving Slabs and slates
• Aggregates – stones
• Lime burning (Calcimine) – Used as cement with sand, to make mortar and also in agriculture for the purpose of improving soil quality

4. Our Mission and Vision Statement

• Our vision as a stone quarry company is to engage in national distribution of building and decorative stones, crushed granite, dimension granite, paving slabs, slates, gravels, aggregates – stones, rocks, ripraps, limestone, lime burning (calcimine) – used as cement with sand, to make mortar and also in agriculture for the purpose of improving soil quality and cement et al across major construction sites in Nigeria.
• Our mission is to establish a standard and world class – environmental friendly stone quarry company that in our own capacity will favorably compete with leaders in the industry on the global stage. We want to build a stone quarry company that will be listed amongst the top 5 stone quarry company brands in Africa.

Our Business Structure

Ordinarily, we would have succeeded in running a stone quarry business with few employees, but as part of our plan to build a top flight stone quarry production company in Okpella – Edo State, we have perfected plans to get it right from the onset which is why we are going the extra mile to ensure that we have competent employees to occupy all the available positions in our company.

The picture of the kind of stone quarry company we intend building and the business goals we want to achieve is what informed the amount we are ready to spend to ensure that we build a business with dedicated workforce and robust distribution network.

In view of that, we have decided to hire qualified and competent hands to occupy the following positions at Joseph Ileaboya & Sons Stone Quarry Company;

• Chief Executive Officer (Owner)
• Stone Quarry Manager/Quality Assurance Manager

Human Resources and Admin Manager

• Sales and Marketing Officer
• Accountants/Cashiers

Stone Quarry Casual Workers

• Truck/Tipper Drivers
• Customer Service Executives

5. Job Roles and Responsibilities

Chief Baker/Chief Executive Officer – CEO (Owner):

• Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities.
• Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
• Responsible for fixing prices and signing business deals
• Responsible for providing direction for the business
• Responsible for signing checks and documents on behalf of the company
• Evaluates the success of the organization

Stone Quarry Manager

• Responsible for overseeing the smooth running of the stone quarry site
• Makes sure that quality is maintained at all times
• Maps out strategy that will lead to efficiency amongst workers in the stone quarry
• Responsible for training, evaluation and assessment of the workforce
• Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
• Ensures that the stone quarry site meets the expected safety and health standard at all times.
• Responsible for overseeing the smooth running of HR and administrative tasks for the organization
• Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
• Enhances department and organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments.
• Defines job positions for recruitment and managing interviewing process
• Carries out staff induction for new team members
• Responsible for training, evaluation and assessment of employees
• Oversees the smooth running of the daily business activities.

Sales and Marketing Manager

• Manages external research and coordinate all the internal sources of information to retain the organizations’ best customers and attract new ones
• Models demographic information and analyze the volumes of transactional data generated by customer purchases
• Identifies, prioritize, and reach out to new partners, and business opportunities et al
• Responsible for supervising implementation, advocate for the customer’s needs, and communicate with customers
• Develops, executes and evaluates new plans for expanding increase sales
• Documents all customer contact and information
• Represents the company in strategic meetings
• Helps to increase sales and growth for the company
• Responsible for operating stone crusher, cement mixers, excavators and other machines and equipment in the stone quarry site
• Responsible for the production of building and decorative stones, crushed granite, dimension granite, paving slabs, slates, gravels, aggregates – stones, rocks, ripraps, limestone, lime burning (calcimine) – used as cement with sand, to make mortar and also in agriculture for the purpose of improving soil quality and cement et al
• Assist in loading and offloading of our products into and out of the tippers /trucks

Accountant/Cashier

• Responsible for preparing financial reports, budgets, and financial statements for the organization
• Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions.
• Responsible for financial forecasting and risks analysis.
• Performs cash management, general ledger accounting, and financial reporting
• Responsible for developing and managing financial systems and policies
• Responsible for administering payrolls
• Ensures compliance with taxation legislation
• Handles all financial transactions for the organization
• Serves as internal auditor for the organization

Distribution Truck/Tipper Drivers

• Assist in loading and unloading Building and decorative stones, crushed granite, dimension granite, paving Slabs, aggregates – stones, limestone, lime burning (Calcimine) – Used as cement with sand, to make mortar and also in agriculture for the purpose of improving soil quality and cement et al.
• Maintain a logbook of their driving activities to ensure compliance with federal regulations governing the rest and work periods for operators.
• Keep a record of vehicle inspections and make sure the truck is equipped with safety equipment
• Assist the transport and logistics manager in planning their route according to a delivery schedule.
• Local-delivery drivers may be required to sell products or services to stores and businesses on their route, obtain signatures from recipients and collect cash.
• Transport finished materials over land to and from stone quarry site to construction sites all across Nigeria
• Inspect vehicles for mechanical items and safety issues and perform preventative maintenance
• Comply with truck driving rules and regulations (size, weight, route designations, parking, break periods etc.) as well as with company policies and procedures
• Collect and verify delivery instructions
• Report defects, accidents or violations

Client Service Executive

• Ensures that all contacts with customer (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
• Through interaction with customers on the phone, uses every opportunity to build client’s interest in the company’s products and services
• Manages administrative duties assigned by the store manager in an effective and timely manner
• Consistently stays abreast of any new information on Joseph Ileaboya & Sons Stone Quarry Company, promotional campaigns etc. to ensure accurate and helpful information is supplied to customers when they make enquiries

6. SWOT Analysis

Because of our drive for excellence when it comes to running a standard stone quarry company, we were able to engage some of the finest business consultants in Nigeria to look through our business concept and together we were able to critically examine the prospect of the business and to assess ourselves to be sure we have what it takes to run a standard stone quarry business that can compete favorably in the stone quarry line of business in Africa.

In view of that, we were able to take stock of our strengths, our weakness, our opportunities and also the threats that we are likely going to be exposed to in Nigeria . Here is a of what we got from the critically conducted SWOT Analysis Joseph Ileaboya & Sons Stone Quarry Company;

Our strength lies in the fact that we have state of the art stone quarry and processing facility and equipment that has positioned us to meet the demand of building and decorative stones, crushed granite, dimension granite, paving slabs, slates, gravels, aggregates – stones, rocks, ripraps, limestone, lime burning (calcimine) and cement et al in Nigeria even if the demand tripled over night or if we have a massive order to meet and emergency need.

Another factor that counts to our advantage is the background of our Chief Executive Office; he has a robust experience in the industry and also a pretty good academic qualification to match the experience acquired which has placed her amongst the top flight business men in Nigeria.

We are not ignoring the fact that our team of highly qualified and dedicated workers will also serve as strength for our organization

We do not take for granted the facts that we have weaknesses. In fact, the reality that we are setting up a stone quarry company in a town with other smaller and larger stone quarry businesses might likely pose a challenge for us in breaking into the already saturated market in Nigeria.

In essence our chosen location might be our weakness. But nevertheless, we have plans to launch out with a big bang. We know with that, we will be able to create a positive impression and we have a proper handle when it comes to building on already gather momentum.

• Opportunities:

The opportunities available to us are unlimited. There are loads of construction sites in Nigeria and all what we are going to do to push our products to them is already perfected. Okpella in Edo state is just ideal for chalk stone quarry business because the rich deposit of rocks and stone mines and readily available and affordable labor in Okpella – Edo State.

The threat that is likely going to confront us is the fact that we are competing with already established stone quarry companies in Edo State and also there are other entrepreneurs who are likely going to launch similar business within the location of our business.

Of course, they will compete with us in winning over the available market. Another threat that we are likely going to face is unfavorable government policies and economic downturn. Usually economic downturn affects purchasing / spending powers and unfavorable government policies.

7. MARKET ANALYSIS

• Market Trends

It is common trend in the stone quarry line of business to find stone quarry companies positioning their business in locations and communities where they can easily have access to rocks and stone mines and labor.

If you make the mistake of positioning this type of business in a location where you would have to travel a distance before you can access rocks and stone mines in commercial quantities, then you would have to struggle to make profits and maintain your overhead and logistics.

So also, another trend in this line of business is that most registered and well organized stone quarry companies look beyond the market within their locations or state; they ensure that they strike business deals with leading construction companies in Nigeria.

The truth is that if as stone quarry company you are able to become a vendor to one or more construction giants in Nigeria, you will always continue to smile to the bank.

8. Our Target Market

When it comes to supplying product from a stone quarry, there is indeed a wide range of available customers. In essence, our target market can’t be restricted to just a group of people or organizations. This goes to show that the target market for products from a stone quarry companies and far reaching, you can create your own make niche yourself to serve a specific purpose.

In view of that, we have conducted our market research and we have ideas of what our target market would be expecting from us.

We are in business to engage in supply of building and decorative stones, crushed granite, dimension granite, paving slabs, slates, gravels, aggregates – stones, rocks, ripraps, limestone, lime burning (calcimine) and cement et alto the following organizations;

• Building and construction companies
• Road construction companies
• Cement production plants
• Blocks molding companies

Our Competitive Advantage

The fact that anybody with interest in the stone quarry business can decide obtain the required license and permit to start the business means that the business is open to all and sundry hence it is expected that there will be high – level competition in the industry.

This is so because the technology involved in stone quarry line of business is not complicated. As a standard and licensed stone quarry company, we know that gaining a competitive edge requires a detailed analysis of the demographics of the surrounding area and the nature of existing competitors.

And even if you are successful at first, new competitors could enter your market at any time to steal your regular customers. Hence we will not hesitate to adopt successful and workable strategies from our competitors.

We are going to be one of the very few stone quarry companies in Okpella – Edo State that will also engage in distribution of building and decorative stones, crushed granite, dimension granite, paving slabs, slates, gravels, aggregates – stones, rocks, ripraps, limestone, lime burning (calcimine) and cement et al all across Nigeria.

Another competitive advantage that we have is the vast experience of our management team, we have people on board who are highly experienced and understands how to grow business from the scratch to becoming a national phenomenon.

Our large and robust distribution network and of course our excellent customer service culture will definitely count as a strong strength for the business.

Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category (startups stone quarry companies) in the industry, meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our aims and objectives.

We will also give good working conditions and commissions to freelance sales agents that we will recruit from time to time.

9. SALES AND MARKETING STRATEGY

• Sources of Income

Joseph Ileaboya & Sons Stone Quarry Company is established with the aim of maximizing profits in the construction cum building industry both in Edo State and throughout key cities in Nigeria. We are going to go all the way to ensure that we do all it takes to sell our products to a wide range of customers.

Joseph Ileaboya & Sons Stone Quarry Company will generate income by simply supplying the following;

10. Sales Forecast

One thing is certain when it comes to stone quarry business, if your business is strategically positioned and you have good relationship with players in the construction industry, you will always attract customers cum sales and that will sure translate to increase in revenue generation for the business.

We are well positioned to take on the available market in Nigeria and we are quite optimistic that we will meet our set target of generating enough income / profits from the first six month of operations and grow the business and our clientele base.

We have been able to critically examine the stone quarry line of business and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projections are based on information gathered on the field and some assumptions that are peculiar to startups in Edo State – Nigeria.

Below are the sales projections for Joseph Ileaboya & Sons Stone Quarry Company, it is based on the location of our business and other factors as it relates to small scale and medium scale stone quarry company start – ups in Nigeria;

• First Fiscal Year-: N1million
• Second Fiscal Year-: N2.5Million
• Third Fiscal Year-: N5Million

N.B : This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same product and customer care services as we do within same location. Please note that the above projection might be lower and at the same time it might be higher.

• Marketing Strategy and Sales Strategy

Before choosing a location to start Joseph Ileaboya & Sons Stone Quarry Company, we conduct a thorough market survey and feasibility studies in order for us to be able to be able to penetrate the available market in Nigeria. We have detailed information and data that we were able to utilize to structure our business to attract the numbers of customers we want to attract per time and also for to compete with other stone quarry companies.

We hired experts who have good understanding of the stone line of business to help us develop marketing strategies that will help us achieve our business goal of winning a larger percentage of the available market for our products.

In other to continue to be in business and grow, we must continue to sell our products to the available market which is why we will go all out to empower or sales and marketing team to deliver our corporate sales goals. In summary, Joseph Ileaboya & Sons Stone Quarry Company will adopt the following sales and marketing approach to sell our chalks;

• Introduce our business by sending introductory letters to construction cum building companies, building contractors and other stakeholders both in Nigeria
• Open our business with a party so as to capture the attention of residence who are our first targets
• Engage in road show in targeted communities  from time to time
• Advertise our products in community based newspapers, local TV and radio stations
• List our business and products on yellow pages ads  (local directories)
• Leverage on the internet to promote our product cum business
• Engage in direct marketing and sales
• Encourage the use of Word of mouth marketing (referrals)

11. Publicity and Advertising Strategy

Regardless of the fact that our stone quarry company is a standard one that can favorably compete with other leading stone quarry companies in Nigeria and in any part of the world, we will still go ahead to intensify publicity for all our products and brand. We are going to explore all available means to promote Joseph Ileaboya & Sons Stone Quarry Company.

Joseph Ileaboya & Sons Stone Quarry Company has a long term plan of exporting our product all across the Nigeria. This is why we will deliberately build our brand to be well accepted in Okpilla – Edo State before venturing out to other cities all across Nigeria.

As a matter of fact, our publicity and advertising strategy is not solely for selling our products but to also effectively communicate our brand. Here are the platforms we intend leveraging on to promote and advertise Joseph Ileaboya & Sons Stone Quarry Company:

• Place adverts on both print (community based newspapers and magazines) and electronic media platforms
• Sponsor relevant community programs
• Leverage on the internet and social media platforms like; Instagram, Facebook , twitter, et al to promote our brand
• Install our Bill Boards on strategic locations all around major communities in Nigeria
• Engage in road show from time to time in targeted communities
• Distribute our fliers and handbills in target areas
• Position our Flexi Banners at strategic positions in the location where we intend getting customers to start patronizing our chalks.
• Ensure that all our staff members wear our customized clothes, and all our official cars and distribution trucks/tippers are customized and well branded.

12. Our Pricing Strategy

At Joseph Ileaboya & Sons Stone Quarry Company we will keep the prices of our products below the average market rate for all of our customers by keeping our overhead low and by collecting payment in advance from well – established construction companies that would require constant supply of building and decorative stones, crushed granite, dimension granite, paving slabs, slates, gravels, aggregates – stones, rocks, ripraps, limestone, lime burning (calcimine) and cement et al.

In addition, we will also offer special discounted rates to all our customers at regular intervals. We are aware that there are some one – off supply contracts especially from government contractors or construction giants which are always lucrative, we will ensure that we abide by the pricing model that is expected from contractors or organizations that bid for such contracts.

• Payment Options

The payment policy adopted by Joseph Ileaboya & Sons Stone Quarry Company is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the Federal Republic of Nigeria.

Here are the payment options that Joseph Ileaboya & Sons Stone Quarry Company will make available to her clients;

• Payment via bank transfer
• Payment with cash
• Payment via online bank transfer
• Payment via Point of Sale Machines (POS)
• Payment via mobile money platforms
• Payment via check
• Payment via bank draft

In view of the above, we have chosen banking platforms that will enable our client make payment for farm produces purchase without any stress on their part. Our bank account numbers will be made available on our website and promotional materials to clients who may want to deposit cash or make online transfer for the purchase of our products.

13. Startup Expenditure (Budget)

In setting up any business, the amount or cost will depend on the approach and scale you want to undertake. If you intend to go big by renting a place, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your facility is conducive enough for workers to be creative and productive.

This means that the start-up can either be low or high depending on your goals, vision and aspirations for your business. The machines, tools and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked.

As for the detailed cost analysis for starting a stone quarry business; it might differ in other countries due to the value of their money. We know that no matter where we intend starting our stone quarry company, we would be required to fulfill most of the items listed below;

• The Fee for registering the business (venture) in Nigeria –N15,000
• Legal expenses for obtaining licenses and permits as well as the accounting services (software, P.O.S machines and other software) – N30,000
• Marketing promotion expenses for the grand opening of Joseph Ileaboya & Sons Stone Quarry Company – N150,000
• Cost for hiring Business Consultant – N50,000
• Insurance (general liability, workers’ compensation and property casualty) coverage at a total premium – N50,000
• Cost for payment of rent for 12 month and renovation inclusive – N240,000
• Other start-up expenses including stationery and phone and utility deposits – N5,000
• Operational cost for the first 3 months (salaries of employees, payments of bills et al) – N300,000
• The cost for machines, equipment and start-up inventory (Stone crusher, excavators, separator machines and other stone quarry machines, equipment and tools) – N320,000
• Cost for store equipment (cash register, security, ventilation, signage) – N10,000
• Cost of purchase of distribution trucks/tippers – N750,000
• The cost for the purchase of furniture and office equipment (Computers, Printers, Telephone, Fax Machines, tables and chairs et al) – N150,000
• The cost of Launching a Website – N25,000
• The cost for our opening party – N20,000
• Miscellaneous – N10,000

We would need an estimate of N2million to successfully set up a standard and world class stone quarry business. Please note that this amount includes the salaries of all the staff for the first 3 month of operation.

Generating Funding/Startup Capital for Joseph Ileaboya & Sons Stone Quarry Company

No matter how fantastic your business idea might be, if you don’t have the required money to finance the business, the business might not become a reality. Finance is a very important factor when it comes to starting a business such as stone quarry business.

No doubt raising start – up capital for a business might not come cheap, but it is a task that an entrepreneur must go through.

Joseph Ileaboya & Sons Stone Quarry Company is a family business that is owned and financed by Mr. Joseph Ileaboya and his immediate family members. They do not intend to welcome any external business partner which is why he has decided to restrict the sourcing of the start – up capital to 3 major sources.

These are the areas we intend generating our start – up capital;

• Generate part of the start – up capital from personal savings and sell of stocks
• Source for soft loans from family members and friends
• Apply for loan from my Bank

N.B: We have been able to generate about N500,000 (Personal savings N400,000 and soft loan from family members N100,000) and we are at the final stages of obtaining a loan facility of N1.5 million from our bank. All the papers and document have been signed and submitted, the loan has been approved and any moment from now our account will be credited with the amount.

14. Sustainability and Expansion Strategy

The future of a business lies in the numbers of loyal customers that they have the capacity and competence of the employees, their investment strategy and the business structure. If all of these factors are missing from a business (company), then it won’t be too long before the business close shop.

One of our major goals of starting Joseph Ileaboya & Sons Stone Quarry Company is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running.

We know that one of the ways of gaining approval and winning customers over is to retail our products a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while.

Joseph Ileaboya & Sons Stone Quarry Company will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner.

As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of three years or more. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.

Check List/Milestone

• Business Name Availability Check:>Completed
• Business Registration: Completed
• Opening of Corporate Bank Accounts: Completed
• Securing Point of Sales (POS) Machines: Completed
• Opening Mobile Money Accounts: Completed
• Opening Online Payment Platforms: Completed
• Application and Obtaining Tax Payer’s ID: In Progress
• Application for business license and permit: Completed
• Purchase of Insurance for the Business: Completed
• Leasing of a facility and renovating the facility as well: In Progress
• Conducting Feasibility Studies: Completed
• Generating capital from family members: Completed
• Applications for Loan from the bank: In Progress
• writing of business plan: Completed
• Drafting of Employee’s Handbook: Completed
• Drafting of Contract Documents and other relevant Legal Documents: In Progress
• Design of The Company’s Logo: Completed
• Graphic Designs and Printing of Packaging Marketing / Promotional Materials: In Progress
• Recruitment of employees: In Progress
• Purchase of the needed stone quarry machines and equipment, furniture, racks, shelves, computers, electronic appliances, office appliances and CCTV: In progress
• Creating Official Website for the Company: In Progress
• Creating Awareness for the business both online and around the community: In Progress
• Health and Safety and Fire Safety Arrangement (License): Secured
• Opening party / launching party planning: In Progress
• Establishing business relationship with construction companies, contractors and other stakeholders in the construction cum building industry: In Progress
• Purchase of tippers and delivery trucks: Completed

• Start Business
• Grow Business

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• August 30, 2024

Do you want to start a stone crusher plant business? If so, find here a complete project plan guide on launching a stone-crushing plant with costs, licenses, production process, and much more.

Stone chips are one of the main construction materials along with bricks, sand, cement, and steel. Generally, you can segregate the crushed stone into various sizes like 35mm, 20mm, 12mm, etc for different uses. Crushed stone aggregates are essential for the construction of roads, bridges, housing, and industrial buildings construction.

Additionally, it is an essential item for other cement-based products. The list includes RCC pipes, PSC poles, pre-molded slabs, frames, beams, etc for fabrication. A stone crusher plant is a profitable venture for new entrepreneurs. The demand for quality stone chips is increasing day by day.

Table of Contents

Here are the 5 Steps to Start Stone Crusher Plant Business

1. stone crusher plant market potential.

All the building constructions whether it is housing or industrial construction activities require crushed stone. Crushed stone is also required for cement-based products like RCC pipes, PSC poles, cement concrete hollow blocks, precast cement concrete slabs, well rings, window & door frames, and road laying. The demand for crushed stone will continue to grow with the growth of its user industry.

One of the most particular and general but most important materials used for making concrete is stone chips. These are used as fillers with binding materials in the production of concrete. Crushed stones occupy about 72-75% of the volume of concrete and they greatly influence the strength of concrete.

Good quality black stones are the most popular. However, you can set up the unit depending on the availability of raw materials and major commercial centers.

2. Business Registration & License

• Register your firm with ROC according to the management pattern.
• Obtain a Trade License from the local authority.
• Register with Udyog Aadhaar MSME . It will help you in getting government subsidies on capital investment.
• If you are also conducting mining, then you must follow the statutory norms.
• Pollution control is a major issue. Obtain ‘consent to establish and ‘consent to operate’ both from State Pollution Control Board.
• Stone crusher plant requires a high voltage of electricity. Apply for the connection in the local power station.
• The stone crusher plant is a labor-intensive operation. Follow the EPF and ESI norms according to the rule.
• Apply for GST Registration .

3. Cost & Investment For Stone Crusher Plant

Land and machinery are the major fixed cost investment. Major working capital costs are raw materials, manpower, and utilities. Under the PMEGP scheme, you can get a subsidy from the banks. In the project funding, there must be a percentage of the promoter’s allocation of the fund. Bank can ask for a collateral security deposit also on the loan amount.

4. Stone Crusher Plant Machines & Raw Materials

Stone crusher plant machinery depends on the feed size of the stone, the desired product size, and the size of the crusher used. Following are the generally required machinery.

• Jaw crusher and granulator
• Conversion kit for converting crushed stone granules
• Set of hoppers for manual breaking.
• The rotary screen completes with all fittings.
• Trollies for carrying crushed material.
• Belt conveyor with motor
• Cyclonic dust collector with motor
• Spare jaws, jigs, fixtures, and tools

Stone crusher plants are available in two major types namely. They are stationary and the other is portable or mobile. However, you can establish stationary crushers at quarry heads. Mainly, at the construction site, you can use portable crushers. Here we have explained the stationary stone crusher plant details.

Stone boulders are the only raw material required for the stone crusher plant.

5. Production Process

First of all, break the big stone boulders into smaller sizes manually. Then it is fed to the stone crusher. The crusher can accept stone sizes of 175mm. Stone crushing is a two-stage process. In the first stage, crush the 175mm stone to about 50mm.

Thereafter, fit the crusher with a conversion kit to enable granulation of 5 to 20mm. Then screen the crushed material with the rotary screen. Unit location is a major factor for the stone crusher plant business.

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Ask the analyst for, ethiopia stone crushing equipment market (2024-2030) | size, share, analysis, segmentation, trends, forecast, growth, revenue, industry, value, companies & outlook.

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ETC5322161	Nov 2023	Jan 2024	Market Research Report
6Wresearch	60	30	5

• Report Description
• Table of Content
• Related Topics

Key Highlights of the Report:

• Ethiopia Stone Crushing Equipment Market Outlook
• Market Size of Ethiopia Stone Crushing Equipment Market, 2023
• Forecast of Ethiopia Stone Crushing Equipment Market, 2030
• Historical Data and Forecast of Ethiopia Stone Crushing Equipment Revenues & Volume for the Period 2020-2030
• Ethiopia Stone Crushing Equipment Market Trend Evolution
• Ethiopia Stone Crushing Equipment Market Drivers and Challenges
• Ethiopia Stone Crushing Equipment Price Trends
• Ethiopia Stone Crushing Equipment Porter`s Five Forces
• Ethiopia Stone Crushing Equipment Industry Life Cycle
• Historical Data and Forecast of Ethiopia Stone Crushing Equipment Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of Ethiopia Stone Crushing Equipment Market Revenues & Volume By Jaw Crusher for the Period 2020-2030
• Historical Data and Forecast of Ethiopia Stone Crushing Equipment Market Revenues & Volume By Cone Crusher for the Period 2020-2030
• Historical Data and Forecast of Ethiopia Stone Crushing Equipment Market Revenues & Volume By Impact Crusher for the Period 2020-2030
• Historical Data and Forecast of Ethiopia Stone Crushing Equipment Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of Ethiopia Stone Crushing Equipment Market Revenues & Volume By End Users for the Period 2020-2030
• Historical Data and Forecast of Ethiopia Stone Crushing Equipment Market Revenues & Volume By Mining for the Period 2020-2030
• Historical Data and Forecast of Ethiopia Stone Crushing Equipment Market Revenues & Volume By Quarrying for the Period 2020-2030
• Historical Data and Forecast of Ethiopia Stone Crushing Equipment Market Revenues & Volume By Recycling for the Period 2020-2030
• Historical Data and Forecast of Ethiopia Stone Crushing Equipment Market Revenues & Volume By Construction & Infrastructure for the Period 2020-2030
• Ethiopia Stone Crushing Equipment Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By End Users
• Ethiopia Stone Crushing Equipment Top Companies Market Share
• Ethiopia Stone Crushing Equipment Competitive Benchmarking By Technical and Operational Parameters
• Ethiopia Stone Crushing Equipment Company Profiles
• Ethiopia Stone Crushing Equipment Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

Do you also provide customisation in the market study.

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3.1 Ethiopia Country Macro Economic Indicators

3.2 Ethiopia Stone Crushing Equipment Market Revenues & Volume, 2020 & 2030F

3.3 Ethiopia Stone Crushing Equipment Market - Industry Life Cycle

3.4 Ethiopia Stone Crushing Equipment Market - Porter's Five Forces

3.5 Ethiopia Stone Crushing Equipment Market Revenues & Volume Share, By Type, 2020 & 2030F

3.6 Ethiopia Stone Crushing Equipment Market Revenues & Volume Share, By End Users, 2020 & 2030F

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

6.1 Ethiopia Stone Crushing Equipment Market, By Type

6.1.1 Overview and Analysis

6.1.2 Ethiopia Stone Crushing Equipment Market Revenues & Volume, By Jaw Crusher, 2020-2030F

6.1.3 Ethiopia Stone Crushing Equipment Market Revenues & Volume, By Cone Crusher, 2020-2030F

6.1.4 Ethiopia Stone Crushing Equipment Market Revenues & Volume, By Impact Crusher, 2020-2030F

6.1.5 Ethiopia Stone Crushing Equipment Market Revenues & Volume, By Others, 2020-2030F

6.2 Ethiopia Stone Crushing Equipment Market, By End Users

6.2.1 Overview and Analysis

6.2.2 Ethiopia Stone Crushing Equipment Market Revenues & Volume, By Mining, 2020-2030F

6.2.3 Ethiopia Stone Crushing Equipment Market Revenues & Volume, By Quarrying, 2020-2030F

6.2.4 Ethiopia Stone Crushing Equipment Market Revenues & Volume, By Recycling, 2020-2030F

6.2.5 Ethiopia Stone Crushing Equipment Market Revenues & Volume, By Construction & Infrastructure, 2020-2030F

6.2.6 Ethiopia Stone Crushing Equipment Market Revenues & Volume, By Others, 2020-2030F

7.1 Ethiopia Stone Crushing Equipment Market Export to Major Countries

7.2 Ethiopia Stone Crushing Equipment Market Imports from Major Countries

9.1 Ethiopia Stone Crushing Equipment Market Opportunity Assessment, By Type, 2020 & 2030F

9.2 Ethiopia Stone Crushing Equipment Market Opportunity Assessment, By End Users, 2020 & 2030F

10.1 Ethiopia Stone Crushing Equipment Market Revenue Share, By Companies, 2023

10.2 Ethiopia Stone Crushing Equipment Market Competitive Benchmarking, By Operating and Technical Parameters

Russia Stone Crushing Equipment Market (2024-2030)

Zimbabwe Stone Crushing Equipment Market (2024-2030)

Zambia Stone Crushing Equipment Market (2024-2030)

Yemen Stone Crushing Equipment Market (2024-2030)

Vanuatu Stone Crushing Equipment Market (2024-2030)

Uzbekistan Stone Crushing Equipment Market (2024-2030)

Uruguay Stone Crushing Equipment Market (2024-2030)

Tanzania Stone Crushing Equipment Market (2024-2030)

Ukraine Stone Crushing Equipment Market (2024-2030)

Tuvalu Stone Crushing Equipment Market (2024-2030)

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• Department License $ 2,400
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• Global License $ 3,795

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Crushing Success:Ethiopia’s Aggregate Crusher Business Potential

Introduction:

Ethiopia, one of the fastest-growing economies in Africa, is witnessing a massive growth in its construction sector. This has led to an increase in demand for aggregates and a booming crusher business in the country.The potential of the aggregate crusher industry in Ethiopia, highlighting the key drivers for its success and the innovative approaches being adopted by local entrepreneurs. Additionally, we will also shed light on Zenith, a renowned crusher and grinding mill manufacturer from China, and how their solutions are contributing to Ethiopia’s crusher industry.

Crushing Success: Unleashing Ethiopia’s Aggregate Crusher Business

Ethiopia, with its vast reserves of resources, has emerged as a key player in the construction sector in Africa. The government’s focus on infrastructure development and the increasing urbanization rate has created a significant demand for aggregates, which are essential in the construction of roads, buildings, and other infrastructure projects. As a result, the crusher industry has witnessed tremendous growth in Ethiopia.

Local entrepreneurs have recognized the potential of this sector and are investing heavily in aggregate crusher businesses. These businesses are involved in the production and supply of crushed stones and aggregates to meet the growing demand. The crushers are equipped with advanced machinery and technology to ensure efficient and high-quality production. This has not only created employment opportunities but has also contributed to the country’s economic growth.

Potential of a Nation: The Rise of Ethiopia’s Crusher Industry

Ethiopia’s crusher industry has emerged as a key driver of economic growth in the country. The government’s focus on infrastructure development and the construction of mega projects has fueled the demand for aggregates. This, in turn, has led to the establishment of numerous aggregate crusher businesses across the nation.

The rise of the crusher industry has not only created job opportunities but has also contributed to the development of ancillary industries such as transport, logistics, and manufacturing of construction materials. The sector has also attracted foreign investments, with companies from China, India, and other countries establishing their presence in Ethiopia to tap into the growing market.

Crushing it with Innovation: Ethiopia’s Aggregate Crusher Boom

Ethiopia’s aggregate crusher industry is not only thriving but also witnessing remarkable innovation. Local entrepreneurs are adopting advanced technology and equipment to enhance the efficiency and quality of production. One such company at the forefront of this innovation is Zenith, a well-known crusher and grinding mill manufacturer based in China.

Zenith offers a wide range of equipment and solutions for customers from the aggregates, mining, and mineral grinding industry. Their crushers are known for their reliability, durability, and high performance. Zenith’s solutions are tailored to meet the specific needs of the Ethiopian market, ensuring optimal productivity and cost-effectiveness.

The company also provides comprehensive after-sales support, including training and technical assistance. This has enabled Ethiopian entrepreneurs to maximize the potential of their crusher businesses. Zenith’s commitment to innovation and customer satisfaction has made them a preferred choice for many local entrepreneurs in Ethiopia.

Economic Rock Breakers: Ethiopia’s Thriving Aggregate Crusher Sector

Ethiopia’s aggregate crusher sector is thriving, thanks to the government’s focus on infrastructure development and the increasing demand for aggregates. The sector has not only created employment opportunities but has also contributed significantly to the country’s economic growth. With the adoption of advanced technology and equipment, local entrepreneurs are continuously improving the efficiency and quality of production.

Zenith, as a leading crusher and grinding mill manufacturer, has played a crucial role in Ethiopia’s crusher industry. Their reliable and high-performance equipment, tailored solutions, and strong after-sales support have made them a preferred choice for many entrepreneurs in the country. As Ethiopia continues to witness rapid growth in its construction sector, the aggregate crusher industry is poised for further success.

Conclusion:

Ethiopia’s aggregate crusher industry is experiencing remarkable growth, fueled by the government’s focus on infrastructure development and the increasing demand for aggregates. Local entrepreneurs have recognized the potential of this sector and are investing heavily in crusher businesses. With the adoption of advanced technology and equipment, local entrepreneurs are continuously improving the efficiency and quality of production.

Zenith, a renowned crusher and grinding mill manufacturer from China, has played a significant role in Ethiopia’s crusher industry. Their innovative solutions and strong after-sales support have made them a preferred choice for many entrepreneurs. As Ethiopia’s construction sector continues to thrive, the aggregate crusher industry is poised for further success, contributing to the country’s economic growth and development.

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Creating a Profitable Stone Crusher Business: Free PDF Business Plan Template

Creating a profitable stone crusher business is not an easy task. However, you can establish your own crusher factory in a smaller scale and gradually scale up to a larger capacity. To help you in this regard, we are providing a free PDF business plan template that you can use as a blueprint for your stone crusher business.

This free business plan template includes the following sections:

1. Executive Summary: This section gives a brief overview of your stone crusher business and highlights the key points from the rest of the plan.

2. Company Description: Here, you can provide detailed information about your company, including its name, location, legal structure, and a brief history.

3. Market Analysis: This section helps you understand the market demand for crushed stones in your area. It includes information on the target market, industry trends, and competitors.

4. Products and Services: Clearly define the type and quality of crushed stones you will produce. Explain the different sizes and grades you will offer, as well as any additional services, such as delivery or customization.

5. Marketing Strategy: Outline how you will promote your stone crusher business and attract customers. This could include online marketing, traditional advertising, or attending industry trade shows.

6. Operations and Management: Explain the process of crushing stones and the equipment you will need, including crushers, screens, conveyors, and trucks. Also, outline the roles and responsibilities of your management team.

7. Financial Projections: This section provides a forecast of your business's financial performance over a specific period. It includes projected revenues, costs, and profits, allowing you to assess the feasibility and profitability of your stone crusher business.

8. Funding Request: If you require external funding, clearly state the amount you need, how it will be used, and the expected return on investment for potential investors or lenders.

9. Appendix: Include any additional information or documentation that supports your business plan, such as market research data, licenses, permits, or resumes of key personnel.

Starting a stone crusher business requires careful planning and a clear vision of the industry's future. This business plan template serves as a guide to systematically organize your ideas and develop a strategy for success. However, it is essential to adapt this template to your specific circumstances and conduct thorough research to ensure its accuracy.

Remember, a successful stone crusher business is built on quality products, excellent customer service, and efficient operations. Stay focused on these pillars, use the provided template as a starting point, and you'll be well on your way to creating a profitable stone crusher business.

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