Key things to known
To start up a retail/street Liquified Petroleum Gas(LPG) business, it requires knowledge on safety operations of LPG, fire service equipment, fire fighting techniques, capital to venture into the business and how to minimize risk and shortage.
Know your location, price tag and and what service to render to customer.
Your business name should be registered with CAC(Nigeria), depending on your country. Why? Government give grants or loans to only registered business names and such opportunity can not be taking for granted to startup your business or enlarge your business
Learning how to transfer cooking gas from 50kg cylinders to smaller cylinders and vice-versa. You need to learn the bleeding system and cooling system (ice block) while transferring gas as it minimize shortage from the seller.
Get a fire extinguisher and a bucket of sand, and fire service emergency number of your locality.
Get at least a 100kg digital platform scale.
Get a good location where they don't have 24hrs electricity and were consumer are willing to buy
A very ventilated shop and that is cold
Fill your 50kg cylinder with gas and set a good rate that consumers will be willing to buy
You can do home pick up of cylinder and delivery with fair extra charges of your transportation fee
Note: customers like such services
If you become professional, you can fix table and standard gas cookers and also do mini repairs.
You can add gas accessories.
Camping adapter
Fire extinguisher
Platform scale
50kg cylinder
Standard refilling head
Hose pipe and with two clips to hold firmly the util or needle head
Util and needle head
Cost estimate of starting LPG reatail business in Nigeria Naira(#)
#150,000 - 50kg cylinder(1)
#100,000 - platform scale
#8000 camping adapters
#8000 - standard refilling head
#1500 - white hose pipe(1 yard)
#400 - 2 clips
#15,000 - fire extinguisher
#63,000 - Refillng of LPG in 50kg cylinder
#10,000 - CAC business name registration
#15,000 - Fire service permit
#4000 - util and needle head
#10,000 - Transportation and miscillenious
#384900? total
You can add POS business to your business to serve customer better.
Note: the government can not offer you everything, let your time and youthful age be profitable for the future. You can turn water to wine only when you believe and take a reasonable action.
Start up something important with your life to earn 馃挵 and dignity in your society. Build the man you need to become and you will be building a community.
#Shalom
#Enterprenuership
#OilandGas
You can ask questions for more enlightment and rate of items might change with time. I make nothing less than #180,000 monthly as my total income and saving #90,000 after expenses. You 馃憠 can do it only when you start.
