ProfitableVenture

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.

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

Related Posts:

  • Electrical Contractor Business Plan [Sample Template]
  • Welding and Fabrication Business Plan [Sample Template]
  • Plant and Tool Hire Business Plan [Sample Template]
  • Autocad Drafting Business Plan [Sample Template]
  • Painting Company Business Plan [Sample Template]

business-plan-for-quarry-the-ultimate-guide

Business Plan For Quarry

Congratulations on taking the first step in creating a business plan for quarry. This is an essential step towards entrepreneurial success and a well-crafted business plan will provide a solid foundation for your business venture!

Whether you're a budding entrepreneur with a brilliant idea or a seasoned business owner looking to expand, a thoughtfully constructed business plan will help you plan and navigate towards business prosperity.

In this comprehensive guide, we will walk you through the essential elements of creating a business plan for quarry that captures your vision as well as attracting investors, partners, and customers alike. From defining your mission and identifying your target market to formulating financial projections and developing a robust marketing strategy, our aim is to empower you with the knowledge and tools needed to turn your aspirations into a reality.

So whether you're just starting out or you're looking to revamp your existing business plan, read on for everything you need to know.

Why is a business plan important?

A business plan will help you think about your quarry business like you’ve never done before. This thinking will help you clarify important elements like your long-term goals and objectives. You can then work backwards from your goals to develop strategies and marketing campaigns to help make these objectives a reality.

A business plan will also help you think about your customers in great detail. You will be able to understand their wants and needs, where they hang out, and exactly how you will target them. This clarity will enable you to focus on developing the products or services they want.

Finally, if you are seeking outside capital such as investment or a bank loan, a well-thought-out business plan will show them you are serious about your business and you have developed a clear and thorough plan of action to achieve success.

A Business Plan For Quarry - The Key Parts

The executive summary, your company description, market analysis, products and services.

  • Marketing Strategy
  • Operational Plan
  • Financial Projections

Risk Analysis

  • Funding Request and Use of Funds (if applicable)
  • Additional Information

An executive summary of your business plan for quarry is a brief overview of your business plan.

This is the first thing that potential investors or lenders will see, so it is crucial that you make a good impression. Keep this section short and highlight the key points of your plan.

What should an executive summary include?

  • Overview of the Business
  • Mission Statement
  • Key Objectives
  • Summary of Products/Services
  • Financial Highlights and Funding Requirements (if applicable)

Remember potential investors don’t always have huge amounts of time to read your document so make sure that you condense the critical information, enabling the reader to make quick and well-informed judgments. Tips for the Executive Summary

Wait until you’ve written the whole business plan and then come back and complete the executive summary. This way you will know your business plan for quarry inside and out so you can highlight the key elements of the document. Remember the Executive Summary will shape the reader's initial perception of the business and whether they continue reading the document.

If you are looking for any tips on how to improve any section of your business plan, check out our Learning Zone , which has several in-depth guides on each section of the business plan.

The Company Description section of your quarry business plan is crucial as it offers a comprehensive overview of your business. This section provides essential information about your company's history, mission, vision, legal structure, location, and key milestones. It allows readers to gain a clear understanding of your company's fundamental characteristics and the context in which it operates.

When crafting your company description, make sure to include the following key elements:

  • Business Name and Legal Structure: Clearly state the legal name of the company and its legal structure.
  • Business History: Provide a brief overview of how the business came into existence. Highlight key milestones or events that shaped the company's growth and development.
  • Mission and Vision Statements: Present the company's mission statement, which outlines its purpose and primary goals. Additionally, share the vision statement, which describes the long-term vision and objectives for your business.
  • Products and Services: Briefly explain the products or services your business offers, emphasising their unique selling points and how they address customer needs.
  • Competitive Advantages: Clearly state the competitive advantages that differentiate your business from others in the market. This could include unique features, patents, proprietary technology, or a strong brand presence.
  • Location and Facilities: Provide details about the physical location of your business and any facilities required to operate successfully.

business-plan-for-quarry--include-strong-visuals

Tips for writing the company description section:

  • Interweave storytelling into the company's history, tell the reader about your passion for the business and the journey you’ve been on to get to this point.
  • Include strong visuals and infographics.
  • Avoid jargon and keep the writing style clear and concise.
  • Focus on your company's unique selling point (USP) and how that makes you stand out in the marketplace.
  • Back up this information with customer testimonials if possible.

The market analysis section of your quarry business plan is essential for understanding the competitive landscape and the overall business environment. It is crucial to execute this section effectively as it demonstrates your in-depth knowledge of the market dynamics. This process will enable you, as an entrepreneur, to identify opportunities, mitigate risks, and develop strategies for success.

To conduct a good market analysis, it is important to have a deep understanding of the industry you are operating in. This information will help you make informed decisions about your product or service offerings, marketing strategies, and pricing.

Key elements to include in your market analysis section:

  • Industry Overview: Provide a general overview of your industry. Describe the industry's size, growth rate, major players, and key trends. Include relevant statistics and data to support your claims.
  • Target Market and Customer Segmentation: Clearly define your target market and outline the specific customer segments you aim to serve. Identify the needs, preferences, and behaviours of each segment.
  • Competitor Analysis: Identify direct and indirect competitors in the market. Analyse their strengths, weaknesses, market share, and strategies. Highlight areas where your business differentiates itself from competitors.
  • Market Trends and Opportunities: Explore current and future trends in the industry and market. Assess how these trends can impact your business positively and identify potential opportunities for growth.
  • SWOT Analysis (optional): Consider including a SWOT analysis specific to your market. This can help you understand your business's strengths, weaknesses, opportunities, and threats in the context of the market.

How to nail the market analysis section?

  • Differentiation: Focus on highlighting how your business differentiates itself from competitors, really try to drum home this point.
  • Market Surveys or Interviews: Adding surveys or interviews and adding the key findings and quotes in the Market Analysis to support your claims will help reinforce the plans in your document.
  • Competitive Matrix: a competitive matrix visually comparing your business against key competitors based on factors such as price, features, and customer service. This matrix is a great visual method highlighting your competitive advantages.
  • Emerging Technologies or Trends: Identifying potential disruptions and how your company is prepared for them shows a great understanding of market dynamics and trends.

Looking for more inspiration on how to make your market analysis section even better, then check out our in-depth business market analysis guide.

In this section, we will highlight the core products and services that make your quarry business unique and valuable. It is essential to showcase what sets you apart from the competition and why your offerings are exceptional. This information is especially important for potential investors, partners, and customers who are keen to understand what sets your business apart in the market.

When describing your products and services ensure you include the following information:

  • Description of Products/Services: Provide a clear and concise description of each product or service your business offers. Explain their primary function and how they address customer needs.
  • Unique Selling Proposition (USP): Highlight the unique features or benefits that make your products or services stand out from competitors. Clearly state why customers should choose your offerings over alternatives.
  • Product/Service Life Cycle: Describe where each product or service stands in its life cycle (e.g., introduction, growth, maturity, decline) and outline plans for updates or new offerings in the future.
  • Intellectual Property (if applicable): If your business has any intellectual property (e.g., patents, trademarks, copyrights) related to your products or services, mention them in this section.

Extra elements to make this section stand out:

  • Customer Use Cases: Present real-life customer use cases or success stories that illustrate how your products or services have solved specific problems for customers. Use compelling narratives to engage readers.
  • Product Roadmap: If applicable, include a product roadmap that outlines future updates, enhancements, or new offerings. This showcases your business's commitment to innovation and continuous improvement.
  • Quality and Testing Standards: Discuss the quality standards your business adheres to and any testing processes you conduct to ensure the reliability and performance of your offerings.
  • Pricing Strategy: Integrate your pricing strategy into this section. Explain how you've determined the pricing of your products or services, considering factors like production costs, competition, and value to customers.
  • Environmental and Social Impact: If your products or services have positive environmental or social implications, highlight them in this section. Increasingly, customers appreciate businesses that contribute positively to society.

The Marketing Strategy Section

business-plan-for-quarry-make-data-driven-decisions

Key Information to Include Within the Marketing Strategy Section:

  • Marketing Goals and Objectives: Clearly state the marketing goals you aim to achieve. Focus on how you will increase brand awareness and drive customer conversions or leads.
  • Target Market Strategy: Describe the specific strategies you will use to reach and engage with your target customers. This could involve digital marketing, traditional advertising, or other channels.
  • Pricing Strategy: Explain how your pricing will attract the target market and how it compares to competitors' pricing.
  • Promotion and Advertising Plan: Outline the promotional activities and advertising campaigns you plan to execute. Include details about social media marketing, content marketing, email campaigns, and other promotional tactics.
  • Sales Strategy: Describe your sales process and how you plan to convert leads into paying customers. Mention any sales team structure and their responsibilities if applicable.
  • Customer Relationship Management (CRM) Approach: Discuss how you intend to build and maintain strong relationships with your customers to encourage repeat business and loyalty.

Getting Creative with the Market Strategy Section

  • Create a visual marketing timeline.
  • Outline influencer or brand ambassador partnerships if applicable.
  • Detail key metrics and KPIs.

By infusing creativity and innovative marketing ideas with sound fundamental marketing, you can really make this section stand out and impress potential investors and partners.

The Operation Plan Section

While marketing activities may seem more exciting, operational planning is essential for the success of your quarry business. This section focuses on the day-to-day operations and internal processes that drive your business forward. By providing a comprehensive roadmap of your resources, workflows, and procedures, you can instill confidence in potential investors that your business is well-equipped for growth.

Here are some key items to include in your operational plan:

  • Organisational Structure: Describe the organisational structure of the company, including key roles and responsibilities.
  • Key Personnel and Team: Introduce key team members and their qualifications. Highlight how their expertise contributes to the success of the business.
  • Operational Workflow and Processes: Provide a high-level step-by-step overview of delivering your product or service, from production to delivery or distribution.
  • Resource Requirements: Outline the key resources required to run the business, such as equipment, technology, facilities, and human resources.
  • Quality Control and Assurance: Explain how the company ensures the quality and consistency of its products or services, and how it addresses any potential issues.
  • Supply Chain Management (if applicable): If the business involves sourcing materials or products from suppliers, describe the supply chain management process.
  • Legal and Regulatory Compliance: Discuss any legal or regulatory requirements specific to the industry and how the company ensures compliance.

business-plan-for-quarry-dont-forget-your-operational-plans

How to add value to the Operation Plan section:

  • Use visuals to outline organisation structures and workflows.
  • Outline contingency plans, for example how the company is prepared for supply chain shortages or price shocks.
  • Efficiency, efficiency, efficiency. Describe how you have driven efficiency gains for the business.
  • Have you considered your business's environmental impact? If so, mention within this section.

The operational section of a business plan does have the potential to be dryer than more exciting elements such as marketing, however, by incorporating creative elements and forward-thinking workflows you can help keep reader engagement high.

The Financial Projections

The Financial Projections section can make or break a business plan. Always include well-researched and accurate projections to avoid undermining your business plan and losing out on potential investment. What to include in the financial projections section:

  • Sales Forecast: Provide a detailed projection of the company's sales revenues for each product or service category over the forecast period.
  • Expense Projections: Outline the expected operating expenses, including costs related to production, marketing, salaries, rent, utilities, and any other significant expenses.
  • Profit and Loss (P&L) Statement: Present a comprehensive Profit and Loss statement that summarizes the business's revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit or loss for each year of the forecast.
  • Cash Flow Projection: Include a cash flow statement that outlines the inflows and outflows of cash over the forecast period. This will help identify potential cash flow gaps.
  • Break-Even Analysis: Perform a break-even analysis to determine the point at which the business's total revenue equals total costs, indicating when it becomes profitable.

business-plan-for-quarry-dont-make-claims-you-cant-backup

How to add value to your financial projections section:

  • Be prepared to defend your assumptions with data. If you are planning for a high-growth % make sure you can justify this assumption. If in doubt the more conservative the better.
  • Include visuals that help readers quickly grasp the trends and patterns in revenue, expenses, and profits.
  • Offer different scenarios based on varying assumptions. For example, present a conservative, moderate, and aggressive growth scenario.
  • Include key financial ratios like gross margin, net profit margin, and return on investment (ROI).

The Funding Request and Use of Funds Section

This section outlines the financial requirements of the company and how the requested funds will be utilised to support its growth and operations.  Providing potential investors or lenders with a clear picture of how their money will be used will improve the business case for the funds and provide further confidence to investors. What to include in this section?

  • Funding Request Amount: State the specific amount of funding you are seeking to obtain from investors, lenders, or other sources.
  • Use of Funds: Provide a detailed breakdown of how the requested funds will be allocated across different aspects of the business. Common categories include product development, marketing, operational expenses, hiring, equipment, and working capital.
  • Timeline of Funds Utilisation: Outline the timeline for utilising the funds. Specify when and how the funds will be disbursed and the expected milestones or deliverables associated with each funding phase.
  • Expected Return on Investment (ROI): If applicable, include information on the expected ROI for investors. Highlight the potential for financial gains or equity appreciation over time.
  • Repayment Plan (if applicable): If seeking a loan, provide a clear repayment plan that outlines the repayment period, interest rate, and the proposed schedule for repayment.

How to maximise this section?

  • Create a visual timeline for key milestones such as the initial investment and key payback periods.
  • Outline risk mitigation plans to instil confidence.
  • Reiterate the company's long-term vision and how the funds can help achieve these goals.

As you near the end of your quarry business plan, it is crucial to dedicate a section to outlining potential risks. This section holds immense significance as it can greatly influence the confidence of potential investors. By demonstrating your market awareness and addressing challenges head-on, you can instill trust and credibility.

When conducting a risk analysis for your quarry car rental business plan, consider including the following:

  • Identification of Business Risks: Enumerate the key risks and uncertainties that could affect the business. These risks can be internal (e.g., operational, financial) or external (e.g. market changes, regulatory changes, economic downturns).
  • Impact Assessment: Analyse the potential impact of each identified risk on the business's operations, finances, and reputation. Rank the risks based on their severity and likelihood of occurrence.
  • Risk Mitigation Strategies: Present specific strategies and action plans to mitigate each identified risk. Explain how you will proactively address challenges and reduce the negative impact of potential risks.
  • Contingency Plans: Describe contingency plans for worst-case scenarios, outlining how the business will respond and recover from significant risks if they materialise.

How to make your risk analysis stand out?

  • Add context with real-life examples. Are there similar businesses that have dealt with risks successfully in a similar manner to your strategy? This will add credibility to this section.
  • Create adaptive strategies that demonstrate your business’s flexibility and adaptability.
  • Outlining the responsible person for each risk and how they own it, giving further confidence in your risk management strategies.

Some additional information you may want to include in your business plan for quarry:

  • Customer Surveys and Feedback
  • Letters of Support or Intent
  • Legal Documents (e.g., licenses, permits)
  • Resumes of Key Team Members

A Business Plan For Quarry Wrapping It All Up

A business plan is one of the most important documents that you will create about your business. It can literally be the difference between securing additional finance or missing out. Developing your business is not an easy task, however, the opportunity to think about your business in such detail will no doubt help you develop new and important insights along with new ideas and strategies. With all sections of your business plan and especially the financial plan, be prepared to defend your position to potential investors or lenders. This means that you should never publish anything that you can’t back up with additional data or rationale. Business Plans are not created overnight so take the time to research and think about each section properly, always try to support your claims and strategies with market insight and data. We hope you’ve enjoyed reading this guide, if you are looking for more tips on creating a business plan check out our learning centre .Good luck with your next business endeavour! Action Planr

Thank you! You’ll receive an email shortly.

Oops! Something went wrong while submitting the form :(

Learning ZoNe

quarry mining business plan

Starting a Quarry Business: How to Start your Quarrying Business Properly

Starting a Quarry Business: How to Start your Quarrying Business Properly

Starting a quarry business is a huge move. In this text, we will discuss the tips to start a quarrying business properly.

Quarrying Process

Quarrying is the process of removing rock, sand, gravel or other minerals from the ground in order to use them to produce materials for construction or other uses. So, a quarry is any such working on the surface of the earth where minerals are extracted. Quarries are also known by other names around the world: surface mine, pit, open pit or opencast mine. 

What Does a Quarry Do?

A quarry is a type of mine called an open-pit mine, because it is open to the Earth’s surface. Another type of mine, a sub-surface mine, consists of underground tunnels or shafts. The most common purpose of quarries is to extract stone for building materials. Quarries have been used for thousands of years.

Are Quarries Profitable?

Quarrying will require heavy equipment. Quarrying for sand and gravel may not be as exciting as other businesses, but it is still very profitable. Both materials are in huge demand for construction purposes and supplying large amounts can earn you a large pile of money.

Starting a Quarry Business: How to Start your Quarrying Business Properly

Opening a sand and gravel quarry is a good bet for a business investment. Both materials have multiple uses, though their main market is in construction. The important thing is that the market wants more of it, especially when the country is going on a building spree. But there is always a chance that you will fail. To avoid that, here are some tips on how to start your quarrying business properly.

Have a Plan

All businesses need a plan if they want to succeed and quarrying is an exception. Your business plan should outline your initial steps for the quarry, who your target market is, and what are your plans for the future. It also needs to have a projected budget for your quarry. This means you need to estimate your expenses and your potential earnings. These numbers are important because they are how you convince banks and investors to lend you money to begin your quarry. Iron it out and make it perfect before you even take the first steps.

Do Some Market Research

As part of your planning, you should be doing some market research. This will help refine your plans. Mainly, it will tell you the current condition of the market and whether selling sand and gravel as a middle-man is more profitable than actually running a quarry site. The current prices can reveal whether there is still room for your operations. For example, high prices can be a sign that a low-cost option would be popular with people right now. This research should also look into your potential competition. A market populated with strong competitors can mean changes in your future strategy.

Acquire a Site

Finding a good quarry site is another essential step. You will want a location that can provide the sort of materials that you plan to sell. The type of rocks and stone at the location is important, so you’ll need to visit it. If you do want to put down a quarry there, you will need to decide on either buying the site completely for full access or only leasing it so you don’t have to spend too much money initially.

Get the Right Equipment

Quarrying will require heavy equipment. This means everything from an excavator to get at the rock to an articulated hauler to take all of the materials for processing. Depending on the scale of your operation, getting one of each essential piece of equipment is a good foundation. The question is how to pay for them. The most expensive option is paying for them in cold cash. This is the safest option. But you can also attempt to rent or lease the equipment so that you don’t run out of capital quickly.

Final Statement

Quarrying for sand and gravel may not be as exciting as other businesses, but it is still very profitable. Both materials are in huge demand for construction purposes and supplying large amounts can earn you a large pile of money. As long as you remember the tips above, you can be sure that you are starting strong in the business.

To learn more about us, click  here .

Send your price quotes directly to our WhatsApp through this Link: https://wa.link/ord5k8

www.quarrying.org/about-quarrying/quarrying-explained#:~:text

athomeinthefuture.com/2020/03/make-money-sand-gravel-starting-quarry-business/

  • April 3, 2021
  • Back To Articles
  • armani grey marble , armany grey , choosing quarry site , getting quarry site , grey Armany , marble factory , Niayesh , NIAYESH STONE , Pietra Grey Marble , Pietra Grey Marble Tiles , quarry business , quarry industry , quarry procedures , Starting a Quarry Business , starting quarry business , stone factory

ارسال نظر Cancel reply

آدرس ایمیل شما منتشر نخواهد شد.

Natural Igneous Rock Types: Igneous, External, and Superficial Igneous Rocks

Natural Igneous Rock Types: Igneous, External, and Superficial Igneous Rocks

  • 3 January 2023

Natural Stone Applications

Natural Stone Applications

  • 22 December 2022

Iranian Stones Introduction According to Source and Quarry

Iranian Stones Introduction According to Source and Quarry

  • 21 December 2022

Technical Stone Introduction and Quarrying Procedures

Technical Stone Introduction and Quarrying Procedures

Sofitel Gold, Teriesta, Vegas Gold, Travera and Nestos Beige Marble

Sofitel Gold, Teriesta, Vegas Gold, Travera and Nestos Beige Marble

  • 9 June 2022

Sichuan Classic Beige, Vizon Beige, Macchiato Beige, Mariposa Alagoa and Attica Beige Marble

Sichuan Classic Beige, Vizon Beige, Macchiato Beige, Mariposa Alagoa and Attica Beige Marble

  • Specialized articles 756

Flamed Finish Textured

Business contact

  • [email protected]
  • +98 9134449317
  • +98 3133807212
  • +98 3133801136
  • Factory Address: 34th Street (GAZ), Mahmood Abad Indastrial Zone, Esfahan, Iran

Niayesh Stone

quarry mining business plan

All RIGHTS ARE RESERVED TO NIAYESH STONE. WWW.NIAYESHSTONE.COM is Our Only Official Website. Niayesh Stone Does Not Have Any Sales Branches or Associates Inside or Outside Iran.

quarry mining business plan

Matt Sweetwood

Ceo • speaker • author • coach • photographer.

quarry mining business plan

Mining Your Own Business: How You Can Start Up Your Own Quarry Business

A quarry business, if set up and managed correctly, can be a lucrative venture. However, for it to be a success, just like every other business, it requires a lot of careful planning and preparation. 

Not only do you have all of the usual business hurdles to jump over – the financing, the finding a location, the business plan, the recruitment and training of staff, and so on, there are obvious safety and environmental regulations that you have to fall in line with.

In this article, we begin to cover just a few of the things that you need to do to be able to set up a successful and safe quarry and mining business.

quarry mining business plan

Have a plan in place

Like every good business, a solid plan is essential. Without it, you are unlikely to be able to secure funding to start up your venture, and you will lack any sort of focus to enable you to develop, build, and grow your business.

We could dedicate a whole post to what you should include in a business plan , but essentially, you need to put the following things in there:

  • Cover page – This should have your contact information on so that any potential investors or interested parties can contact you
  • Executive summary – What your business does and the market need it solves
  • Company overview – An overall profile of your company
  • Industry analysis – Detail and discuss the market that you are hoping to enter
  • Customer analysis – Who is your ideal customer? 
  • Competitive analysis – Who are your main competitors? What are their strengths and weaknesses?
  • Marketing plan – How will you promote your company and your products or services?
  • Operations plan – This should detail the key operational purposes of your organization.
  • Management team – Who are the key personnel, and how are they qualified to make a success of your company?
  • Financial plan – Identify the ways in which your company will generate revenue, financial projections, and how much you are seeking from investors.

Once you have got your business plan sorted, you need to determine your legal structure and file for your article of incorporation with the secretary of state for your state to obtain a corporate certificate. You also need to make sure you have filed for all the relevant permits from local authorities.

Find a location

Ideally, you will have this in mind before you do your business plan as your location may have an impact on some of your plans. Finding the right location is essential for any business, but even more so when it comes to setting up a quarry business.

Where you choose depends entirely on what you are hoping to quarry, be it sandstone, gravel, granite, limestone, or something else. It needs to have whatever it is that you want to mine in abundance.

You also want to think about where your primary customers are going to be based and find a location as near to them as possible. Due to the expense of transporting heavy loads of quarried materials, customers don’t want to be importing from the other side of the country. 

 You may want to consider leasing a site from a landowner and paying rent on it or negotiate a revenue-sharing deal. Before you do anything, carry out a land appraisal and feasibility study to ensure that there is a possibility of running a sustainable business from there.

Purchasing your site means that you own your land, and all the revenue is yours. However, that also means a great deal of capital to find to buy the land. A franchise is a good alternative to this. 

Get the money together

Everyone needs some form of capital when starting a business, and a quarry business may require a large sum to buy all of the equipment you need. You could use a loan for this, and it would be helpful to look into a Personal Loan vs Overdraft loan to make the best decision for you. 

Of course, savings are an option, but it’s best to hold onto your own money for as long as possible – so long as you can pay back any loan you take out.

Purchase your equipment and machinery

Quarrying and mining involve a great deal of equipment and machinery, which can be expensive. This includes excavators, drills, loaders, and trucks. You may also want UTV’s or even golf carts to get from one side of a large site to another, and as well as the initial cost, these will need maintenance and upgrades to enable them to do the job. Somewhere like https://tcsupfitting.com/atv-utv-golf-carts/ can help with this, but make sure that you factor this into your budget.

If purchasing outright is beyond your budget, to begin with, you could look at leasing your equipment. Of course, this means that you do not own them, but it also makes sure that you have access to the latest models and technology. Another alternative is to buy used, to begin with, and upgrade as when your revenue starts to roll in.

Marketing your quarry business

Just like any other business, you need a solid marketing strategy in place to market your quarry business. Many quarrying companies lag behind when it comes to marketing, thinking that the strategies that work for other companies do not work well for them, and this simply is not true. All businesses need to attract and retain customers. 

Some of the most lucrative customers for a quarry business are governments, whether federal, state, or local, and other firms within the construction industry . Making sure you are well versed in the process of tendering for a contract.

Social media has opened up a whole new market for the quarrying industry, especially as there has been an increase in the number of self-home builders, as well as not-for-profit organizations and community groups.

However, one of the most important thing a quarrying business can do is to retain existing customers. To retain loyal clientele, you need to ensure a quality product and excellent service every single time and prove to them that you are the very best in the industry.

Quarries are always needed – without them, it is almost impossible to get hold of the raw materials required for construction. With careful planning and consideration, it holds great potential for further growth. It all starts with a good idea and an excellent business plan! 

Share this:

  • Share on Tumblr

quarry mining business plan

Categories: Outside Contributors

Tagged as: business plan , Quarry Business , Starting a Business

1 reply »

  • Pingback: How To Start An Electronics Company - Matt Sweetwood

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed .

Discover more from Matt Sweetwood

Subscribe now to keep reading and get access to the full archive.

Type your email…

Continue reading

SIGN UP FOR MATT'S ARTICLES & Get The Latest Info on his #1 Best-Selling Book

quarry mining business plan

I'm glad to have you in our community • It's time for you to have a BIG LIFE!

You have already subscribed!

  • Best Products

How to Start a Stone Crusher Plant Project Business

  • May 31, 2023
  • by Next What Business Research Team

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.

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.

Follow

quarry mining business plan

  • Collaborations
  • Our Locations
  • Project Appraisal
  • Transaction Advisory
  • Development Management
  • Low Carbon Projects
  • Gas Commercialization
  • Post-Harvest Infrastructure
  • Stage 1: Foundation
  • Stage 2: Incubation
  • Stage 3: Buildout
  • Real Estate & Hospitality
  • Energy & Natural Resources
  • Transport Infrastructure
  • Power & Renewables
  • Industrial Agriculture
  • Heavy Industries
  • Technology Infrastructure
  • Weekly Newsletter
  • Our Articles
  • Talks@Brickstone Podcast
  • Whitepapers
  • InfraWebinars
  • Book a Meeting

Quarry & Logistics Business Plan

Quarry Business Plan in Nigeria

Project Info

facebook-share

Project Description

Quarry business plan: project description.

The company has an intention to tap into the mining sector’s opportunities by engaging in the:

1) Operations of quarries,

2) Production of Polished Stones,

3) Paving Stones, and

4) Asphalt for the Construction Industry.

The Quarry site covering an area measuring two (2) cadastral units. It is located in Olodo Town in Obafemi-Owode local government area of OgunState.

Quarry Business Plan: Actions Taken

Brickstone was contracted to:

  • Collection and desktop analysis of data related Nigeria Quarry Industry.
  • Analyse the peer competitions within the Lagos and South West Nigerian Market
  • Due diligence on the quarry equipment suppliers and equipment cost vetting
  • Recommend appropriate transaction modalities and structuring and executing fund raising for the project.
  • Develop a Comprehensive Financial Model to communicate the financial viability of the project to investors.
  • Develop an Information Memorandum and Business Plan that would communicate succinctly the value proposition of the project to investors.
  • Development of a suitable operating and maintenance model for the quarry.

Services includes the following

  • Mining Industry and Market Analysis
  • Project Cost Estimates Projection
  • Equipment Suppliers Due Diligence
  • Operation and Business Modelling
  • Financial Modelling
  • Information Memorandum

Related Projects

Ship Aquisition

Ship Transaction Due-Diligence

quarry mining business plan

Concecci Infrastructure

quarry mining business plan

Newsletter Subscription

Recent projects.

  • Agriculture & Industries
  • Corporate Content
  • Energy-Natural Resources
  • Power and Renewables
  • Real Estate and Hospitality
  • Speaking Events
  • Transport & Logistics Infrastructure

Popular Posts

North African Renewable Energy

Don't bother with copy and paste.

Get this complete sample business plan as a free text document.

Mining Software Business Plan

Start your own mining software business plan

Rekayasa Tambang Indonesia

Executive summary executive summary is a brief introduction to your business plan. it describes your business, the problem that it solves, your target market, and financial highlights.">.

PT. Rekayasa Tambang Indonesia (RTI) meets the needs of clients – private and government-owned mining companies – in virtually every sphere of geological interpretation and modeling, mine design and engineering, and mining productivity improvement activities. RTI is a subsidiary company of Mining Engineering Software Development and Technical Assistance (MINER DELTA), a U.S. software manufacturer who provides engineering software for full-service mining design and geological engineering and interpretation, and offering the managerial and technical resources that are vital to solving complex geological interpretation and modeling, mine design, mining optimization, mine scheduling, and dump design and rehabilitation in Indonesia as well as Southeast Asia Region.

The Products RTI will be offering five distinct products and services. The first is geological interpretation and modeling software systems. This product and service provides the most comprehensive geological database, innovative interpretation tools, advanced modeling techniques and resource reporting for most types of deposits ranging from simple vein, stratiform, and massive deposits, to complex and highly deformed ore bodies. Mine design and engineering software systems will also be offered in addition to mining optimization and scheduling software systems. Lastly, dump design and rehabilitation will perform analysis regarding environmental impact, designing mine waste dump, designing acid drainage, designing ground water drainage, and environmental rehabilitation.

The Market The total market value for open pit, underground, and quarry mining software technologies has grown at an average rate of 22% over the past five years. Since there is no local engineering software producer in Indonesia, the imported software technologies account for 100% of all open pit, underground, and quarry mining engineering and geological software technologies in Indonesian mining industries. Total imports of mining software technologies totaled $75 million last year, 23.7% greater than previous year’s levels of $60.6 million, which were in turn 26.3% greater than the year before’s imports, valued at $48 million.

Competitive Advantages The key factors for RTI to create and maintain competitive advantages includes its access to intangible capital (business networks, leadership, talent, entrepreneurs, intellectual property and brand) and advanced technology. These two advantages are interrelated. The “intangible capital” to a large degree is intellectual capital that has been captured by the organization. RTI has been very careful to design systems to capture the human capital that has been developed by the members of the organization. This is indeed a huge advantage because even as some employees are transitory and move on to new companies, their contributions and knowledge are captured by RTI and leveraged by the current employees. This intellectual capital capture then fuels the advanced technology.

RTI is an exciting company that combines advanced technology in the form of software and consulting services serving the mining industry. RTI has forecasted strong revenue numbers for year one, growing steadily through year five. Gross margins will be a high % of sales with net profits improving each year.

Mining software business plan, executive summary chart image

1.1 Mission

The mission of RTI is to establish a strong presence in Indonesia to implement all provisions of the MINER DELTA mission statement with the specific mission of becoming the leading mining and geology software and consulting services provider in Indonesia. This will be done by creating customer value through facilitating optimal and efficient operations by developing the best techniques of image analysis. Also, as the commercial arm of the MINER DELTA, RTI will establish a reputation in the mining industry for exceeding customer expectations through exemplary consultative service.

1.2 Objectives

The financial and marketing objectives of RTI are summarized here.

  • Healthy sales in the first year, growing steadily through by the fifth year of plan implementation.
  • Top drawer average gross margin percent of sales revenue.
  • Net income consistently improving each year.

The financial objectives are converted into marketing objectives. If the company wants to earn its targets for gross margin and sales revenue, then it must set a high average profit margin on sales. To achieve these targets, the company will have to set certain goals for customer awareness such as by proactively approaching the prospective client candidates, teaming-up with other technology providers (hardware manufacturers and platform developers), partnering with reputable local and regional mining contractors, and equipment suppliers to reduce competition, improve pricing as well as reducing risks.

Thus the marketing objective might read:

  • Achieve targeted sales revenue each year for the next five years.
  • Expand customer awareness over the planning period.
  • Reduce competition and risks while lowering price levels by teaming-up with other technology providers (hardware manufacturers and platform developers) and partnering with reputable local and regional mining contractors and equipment suppliers.

1.3 Keys to Success

The key factors for RTI to create a competitive advantage includes its access to intangible capital (business networks, leadership, talent, entrepreneurs, intellectual property and brand) and advanced technology, and its ability to customize its location.

In addition to intangible capital, RTI has a technological advantage with its advanced mining design, scheduling, and geological interpretation programs. Software performance is judged by how accurately the software calculates and produces visibility plots. Other qualitative measures, such as flexibility and ease of use, are important measures that RTI also excels in. To a sustain competitive advantage, RTI will focus on refining and improving the system with future software versions. RTI will continue to research image analysis issues.

The combination of human resources and advanced technology enables RTI to focus on its mission of becoming a customer driven company. Each system will be individually designed and installed by trained personnel. This type of personalized service is only available from RTI; and its ability to operate in a “turn key” fashion is highly valued in its target market. The close personal relationship between customers and RTI is vital to our mission: “to exceed customer expectations through exemplary consultative service.”

In order to effectively operate in this fashion, RTI’s location in Jakarta situates it close to the core of its target market. Further, RTI’s product and services distribution is aided by the locations in the major mining provinces in Indonesia (East Kalimantan, South Kalimantan, South Sumatra, Central Sulawesi). Sales demonstrations, installation and design, service, and maintenance will all be subject to a lower travel cost. As unit sales increase, the distribution cost advantages will be measurable cost competitive advantages. Being close to our customers will provide many intangible benefits: it will help consulting efforts and it will aid in our quest to be customer and market driven, rather than just a branch office, or even a representative of any software manufacturer or foreign consulting firm.

In a typical mine, the most important link in its value chain is clearly the primary activity of operations, to produce more product for a cheaper price. RTI provides value and benefit to its customers by targeting this specific activity in its customer’s value chain. The systems generated by RTI for its clients provide a quality assurance activity that monitors operations and is a guide to raising its customer’s operational performance.

Company Summary company overview ) is an overview of the most important points about your company—your history, management team, location, mission statement and legal structure.">

RTI is a subsidiary company of MINER DELTA. Services provided include: geological interpretation and modeling, mine design, mining optimization, mine scheduling, and dump design and rehabilitation.

Brought to you by

LivePlan Logo

Create a professional business plan

Using ai and step-by-step instructions.

Secure funding

Validate ideas

Build a strategy

MINER DELTA’s management demands a good financial performance from RTI. As a subsidiary company of MINER DELTA, RTI sets the following objectives for the products and services lines of geological interpretation and modeling, mine design, mining optimization, mine scheduling, and dump design and rehabilitation:

  • Reduce competition, reduce risks, and lower price level by teaming-up with technology providers (hardware manufacturers and platform developers), partnering with reputable local and regional mining contractors, and equipment suppliers.

2.1 Company Ownership

RTI was incorporated in Jakarta as an Indonesian “Perseroan Terbatas” (PT) corporation on August 4, 2000, under the Foreign Investment Laws of the Republic of Indonesia, with an authorized 1 million shares of common stock.

The company is owned in majority by MINER DELTA. There is one minority owner, an investor from Jakarta, Indonesia.

2.2 Start-up Summary

Total start-up expenses include legal costs, logo design, stationery, as well as start-up assets required, and cash to handle the first few months of consulting operations as sales and account receivable play through the cash flow. The details are included in the following chart and table.

Mining software business plan, company summary chart image

2.3 Company Locations and Facilities

The initial office will be established in the Kebayoran Baru area of South Jakarta, Indonesia, the heart of the Indonesian business area.

Products and Services

The company management team is capitalizing on the lucrative business opportunity of creating compliance analysis and modeling, design and engineering, and productivity improvement software systems to aid mining companies. RTI’s products and services will help companies gain competitive advantage in the marketplace since its products and services will shorten the time-to-market cycle for its clients. This, combined with the management team and business opportunity, has generated tremendous interest for RTI’s compliance systems in the Indonesian mining industry.

3.1 Competitive Comparison

Deposits and excavation images analysis is a developing technology and, as such, the industry lacks standardization.

In this digital image analysis market, no market leader exists, and only three other major players in Asia have developed and begun to market similar products and services. These companies are all in Australia: ECS International of Bowral, Runge Mining, and Mincom of Brisbane.

RTI’s sustainable competitive advantages are its patentable advanced technology and custom system design/installations, human capital, and strategic location.

3.2 Product and Service Description

  • Geological interpretation and modeling software systems : This product and service provides the most comprehensive geological database, innovative interpretation tools, advanced modeling techniques and resource reporting for most types of deposits ranging from simple vein, stratiform, and massive deposits, to complex and highly deformed orebodies.
  • Mine design and engineering software systems : Design and engineering software systems for open pit, underground, and quarry mining.
  • Mining optimisation software systems : Installing a Productivity Improvement System, a total productivity control system to increase productivity level as well as shorten the time-to-market cycle for the clients.
  • Mine scheduling software systems : Mine scheduling for open pit, underground, and quarry mining.
  • Dump design and rehabilitation : Performing analysis regarding environmental impact, designing mine waste dump, designing acid drainage, designing ground water drainage, and environmental rehabilitation.

3.3 Fulfillment

The key fulfillment and delivery will be provided by the principals of the business. The real core value is professional expertise, provided by a combination of experience, relationships and connections in the market (quangxi), discipline, smart work, hard work, confidence, and education.

RTI will work with computer hardware, peripherals, accessories and add-ons manufacturers, and platform developers under project-by-project basis. RTI will not exclusively represent any of these companies in order to keep its position as partner for every supplier and technology provider rather than competitor of any of them.

3.4 Technology

MINER DELTA is a recognized leader in supplying integrated geological and mining software technologies and computerized consulting services to the mining industries. As the commercial arm of MINER DELTA in Indonesia, RTI will focus on providing its clients with rapid, non-disruptive, and accurate analysis of deposits and excavations images using the integrated software technologies developed by the parent company. The technologies employ digital image analysis to calculate deposits’ size, orientation/position, and distributions, as well as provide options of mining methods, create value through monitoring mine works-in-progress, and empower mining engineers with crucial operational data.

3.5 Services and Supports

RTI’s services and support are truly done at the client’s site. In essence, the service begins with the technical presentation and on-site demonstration of the technology. Through these initial communications with the potential buyer, RTI will assign its Vice President of Sales and Marketing to conduct an analysis on the client’s operation and begin to customize the system to fill their needs and solve their problem. Once it knows what the prospective client wants, it will then send a technical proposal to the prospective client with a draft contract. A commercial meeting schedule will be arranged with the prospective client to open negotiations with the client’s decision board, and then to close the selling cycle by having the client sign the contract.

Within one working week after contract signing, RTI will submit a document of its project design proposal to the client for approval. Upon project design approval, it will then go to the mine and install the site specific system. Along with the installation it will provide one month of on-site training of MINER DELTA to the supervisors/engineers selected by the client. Besides providing a one year warranty, RTI will also offer the client long-term technical support called “Project Perpetuation Assistance.”

In keeping with its mission to provide market driven products and services, RTI will keep in close contact with all clients and solicit ideas on improvements and necessary changes. This contact will be achieved through consulting for the mines, sending out questionnaires, and maintaining daily emails, as well as weekly telephone contacts, with each client.

3.6 Sales Literature

The business will begin with general corporate and technical brochures establishing the positioning and defining the company’s intangible capital to be transformed into clients’ benefits. These brochures will be developed as part of the start-up expenses.

Literature and mailings for the initial market forums will be very important.

Market Analysis Summary how to do a market analysis for your business plan.">

The demand for open pit, underground, and quarry mining software technologies is projected to grow at an average rate of 16.89% annually over the next five years. Demand will result from the expansion programs of existing mines and establishment of new mines, particularly for coal, gold, and quarry products. In the coal mine sector, the establishment of a new generation of coal mine companies is expected to be very active during the next few years. Growth in other mining sectors, such as quarry activities for clay, limestone, feldspar, kaolin, marble and other stones, ore and sand iron, will also have an effect on the demand for mining and geology software technologies.

Aside from the coal sector, there is continuous growth in civil construction activities, which requires increased production of building materials such as cement, sands, stones, and various products made from kaolin, limestone, and other quarry materials, such as tiles, bricks, etc. Export growth of these materials is also expected to fuel demand.

Future growth in the mining and geology software technologies market will depend on continued growth in the coal consumption in both global and domestic markets. Government policies will also play a role as the government has sought to support the mining industry through investment incentives and lowering tariff on technologies and equipment imports.

4.1 Market Segmentation

Demographics : During its first five years of operations, RTI will target large domestic coal, base metal, precious metal, and quarry mines. After five years of operations, it will expand to service smaller coal, metal mines, and quarries. This industry is comprised of local companies within every province.

Geographic : RTI will operate regionally in the Southeast Asia region, but will focus initially on the Indonesian mining market.

Technographic : In all cases, the target market is comprised of open pit coal mines, open pit metal mines, underground coal mines, underground metal mines, and quarry mines.

Mining software business plan, market analysis summary chart image

4.2 Target Market Segment Strategy

In its first five years, RTI will be focusing on large, domestic open pit coal mines, open pit metal mines, underground coal mines, underground metal mines, and quarry mines.

4.2.1 Customer Benefits

Clients do not buy features, they buy benefits. In selling and marketing its products and services, RTI will demonstrate its capability in delivering benefits (4Cs) rather than presenting the company’s marketing mix (4Ps):

  • Customer needs and wants : Mining companies are typically conservative and fiscally prudent. These companies are interested in cutting costs to improve the “bottom line” since it is difficult for them to manage the “top line” given that their final product is a commodity. Mine companies prefer a vendor to operate in a turn key fashion. They do not have the additional human resources to design, procure equipment, and install a complex system, such as the one RTI offers. They would prefer that an expert come in and do it for them. However, the MINER DELTA software system is an integrated system, so customers do have the choice to procure their own equipment and do have a large say in how to design and install the system.
  • Cost to the customer : RTI’s products and services costs reflect the advanced technology and comprehensive design and support. Mines operate in large volumes, not only of mined product, but also in dollars. The costs spent on the MINER DELTA software will quickly be earned back in the data generation and mining operations monitoring. The return on investment depends on the adjustments made by the mine operators once given the data. Payback period can be achieved within a few months.
  • Convenience : As an integrator, RTI installs the custom system and provides the design and installation know-how, as well as the specialized software.
  • Communication : In order to truly succeed, RTI will have to appeal to the heart of the market: the middle 70% of the market that will buy the product after its perceived risk is mitigated through colleague’s purchase and communication of satisfaction. Another important method to enhance MINER DELTA’s brand awareness will be technical papers by researchers involved in the development of the systems and mine engineers discussing process improvements made possible by the program. In addition, RTI will also offer the client long-term technical support, called the Productivity Improvement Perpetuation Program, and, in keeping with its mission to provide market driven products and services, RTI will keep in close contact with all clients and solicit ideas on improvements and necessary changes.

4.3 Service Business Analysis

The mining and geology software market in Indonesia is one of the fastest growing segments of the computer industry and is estimated to have totaled $91.5 million in 2001. The greatest factors bearing on a software developer’s performance is the underlying strength of the markets in which the company’s products compete and the position of a given product in its life cycle. Interestingly, underlying markets that are experiencing downsizing pressures and networking pressures are the strongest markets for software. The mining industry is experiencing pressures to further automate and increase efficiency, so RTI is in an advantageous position. The fact that the MINER DELTA program is early in its development life cycle also indicates that revenue growth is promising, since its installed base has not even been established. The industry is characterized by rapid innovation and high gross margins.

4.3.1 Main Competitors

There are three other major players in the Indonesian mining industry that have developed and begun to market similar products and services. These companies are ECS International Pty Ltd of Bowral, Australia , Runge Mining of Australia, and Mincom of Brisbane, Australia.

4.3.2 Competition and Buying Patterns

Mining companies operate in large volumes, not only of mined products, but also in dollars. A small percentage increase in mineral recovery translates to hundreds of millions of dollars in increased revenue per year. Since mined products fetch fixed commodity prices, reductions in costs translate directly to the bottom-line. Any procedure or mechanism that can generate value through increased mineral recovery or decreased operating costs is of great interest to mine operators.

RTI must compete against the idea that mining companies should buy mining and geology software, and can get trained to operate it in one or two days; that they don’t need ongoing services, support, and intensive training to integrate the software system operation with the productivity control and improvement systems.

It is vital to build perception in the market that as an integration system, the MINER DELTA system is unique and improves upon current methods because of its three distinct characteristics;

  • Non-disruptive

Also, the MINER DELTA system saves money and increases mineral recovery by providing equipment operators with real-time data to monitor and adjust their work-in-progress production, as well as empowering mine engineers with a continuous operational data log with which to make operations adjustments of larger scope.

Strategy and Implementation Summary

Initial contact will be made by either telephone or a combination of telephone, email, and fax. In this initial contact, the Sales Manager will make an arrangement for a technical presentation in front of the clients’ decision board. To avoid misinterpretation, all the information on the offered products and services will not be sent to prospects, but hand-delivered by the Sales Manager during his/her technical presentation. When the Sales Manager of RTI is visiting the prospect’s site, he/she will bring a demo system that is able to be set up and operated so the client can get a feel for the type of system and for the type of data the system generates.

All promotion efforts will be congruent with the mission to establish a quality reputation in the industry and truly create a quality brand image with RTI products and services. Industrial marketing is dissimilar to traditional consumer marketing. It is an interactive and time intensive process to establish a relationship and reputation. Establishing the relationship is beneficial for the obvious reason, it provides RTI with sales revenue, but, even more importantly, it provides RTI with an information conduit to the industry. A healthy relationship with the customer base will generate ideas, innovations, and other immeasurable intangibles.

Also, since long-term customer satisfaction is the most important key factor to its survival, RTI will offer the client the Productivity Improvement Perpetuation Program and keep in close contact with all clients and solicit ideas on improvements and necessary changes.

5.1 Competitive Edge

The President and Vice President Sales and Marketing of RTI have been working with the prospective clients in the Indonesian mining industry for more than 14 years, maintaining close and effective relationships with the prospective clients’ decision boards at the senior level, and are fully familiar with, and have a good knowledge about, Indonesia as well as the Asia–Pacific business environment.

MINER DELTA is a recognized leader in supplying integrated geological and mining software technologies and computerized consulting services to the mining industries.

The MINER DELTA system is unique and improves upon current methods because of its three distinct characteristics. Also, the MINER DELTA system saves money and increases mineral recovery by providing equipment operators with real-time data to monitor and adjust their work-in-progress production, as well as empowering mine engineers with a continuous operational data log with which to make operations adjustments of larger scope.

5.2 Sales Strategy

RTI’s sales strategy focuses first on building the identity of the company with the large domestic open pit coal mines, open pit metal mines, underground coal mines, underground metal mines and quarry mines who are interested in cutting costs to improve the bottom line. The President and the Vice President of Sales and Marketing of RTI have been able to find these customers using direct sales approaches.

RTI has to sell integration systems which are unique and improve upon current methods because of their three distinct characteristics, i.e. automatic, non-disruptive, and accurate. These systems save money and increase mineral recovery by providing equipment operators with real-time data to monitor and adjust their work-in-progress production as well as empowering mine engineers with a continuous operational data log with which to make operations adjustments of larger scope.

The targeted monthly sales between January and May, 2001 is the result of the intensive direct sales approaches, including technical presentations, mine operations studies, and project proposals which have been done between August and December, 2000.

5.2.1 Sales Forecast

The yearly total sales chart summarizes RTI’s ambitious sales forecast.

Mining software business plan, strategy and implementation summary chart image

5.3 Milestones

The accompanying bar chart and table show specific milestones, with responsibilities assigned, dates, and (in most cases) budgets. RTI is focusing in this plan on a few key milestones to be accomplished.

Mining software business plan, strategy and implementation summary chart image

Management Summary management summary will include information about who's on your team and why they're the right people for the job, as well as your future hiring plans.">

RTI is operated and managed by the President and Vice President of Sales and Marketing. When projects have been secured, personnel and staff will be recruited to fill the remaining necessary positions.

6.1 Personnel Plan

As noted in the previous section, the start-up team includes only two persons, i.e. the President and VP Sales & Marketing. When projects have been secured, another vice president (i.e. VP Operations), a General/Office Manager, and five employees will be recruited.

The accompanying table summarizes RTI’s personnel plan between 2001 and 2005.

Financial Plan investor-ready personnel plan .">

The following table shows the projected revenue of RTI over the period of 2001-2005. The most important elements in the financial plan can be listed as follows:

  • The company must keep a high gross margin.
  • In order to take advantage of the market demand growth to increase the yearly sales as well as the profit margin, the company must increase the frequency of business visits to the prospective clients’ sites by 10%. This will result in steady increases in net profits from sales in 2001 through 2005.

7.1 Important Assumptions

The accompanying table lists the main assumptions of RTI for developing its financial projections. The most sensitive assumption is collection days. RTI would like to improve collection days to take pressure off of its working capital.

7.2 Business Ratios

The following table contains important business ratios for the prepackaged software industry, as determined by the Standard Industry Classification (SIC) Index, 7372.

7.3 Break-even Analysis

The following table and chart summarize the Break-even Analysis, including the assumed monthly running costs and sales break-even points.

Mining software business plan, financial plan chart image

7.4 Projected Profit and Loss

The most important and strategic component in the Projected Profit and Loss statement is the net profit, which is planned and targeted to increase. Month-by-month assumptions for profit and loss are included in the appendix.

Mining software business plan, financial plan chart image

7.5 Projected Cash Flow

Cash flow projections are critical to RTI’s success. The monthly cash flow is shown in the illustration, with one bar representing the cash flow per month and the other representing the monthly balance. The annual cash flow figures are included here in the following table. Detailed monthly numbers are included in the appendix.

Mining software business plan, financial plan chart image

7.6 Projected Balance Sheet

The following Balance Sheet shows healthy growth of Net Worth and a strong financial position. The monthly estimates are included in the appendix.

Garrett's Bike Shop

The quickest way to turn a business idea into a business plan

Fill-in-the-blanks and automatic financials make it easy.

No thanks, I prefer writing 40-page documents.

LivePlan pitch example

Discover the world’s #1 plan building software

quarry mining business plan

Academia.edu no longer supports Internet Explorer.

To browse Academia.edu and the wider internet faster and more securely, please take a few seconds to  upgrade your browser .

Enter the email address you signed up with and we'll email you a reset link.

  • We're Hiring!
  • Help Center

paper cover thumbnail

Mzintlava Quarry BUSINESS PLAN

Profile image of Zama Poswayo

Document uploaded to demonstrate efforts of women in male dominated industry. Support may enhance this woman's quest to contribute to economic growth of the rural area utilizing local resources.

Related Papers

Nokulunga Mashwama , Didibhuku Thwala , Clinton Aigbavboa

PUBLIC PRIVATE PARTNERSHIP IN SWAZILAND PAGE 229

quarry mining business plan

mazarini ayyubi

Journal of Applied Business Research (JABR)

Keith Hampson

victor munnik

The Waterberg is punted as South Africa’s next coal frontier by industry and government. It has already seen two rounds of boom and bust driven by mega projects. The first was in the 1980s when the original Grootegeluk mine and the very large Matimba power station were constructed. The second boom kicked off in 2007 with a major expansion of Grootegeluk, to create one of the largest open cast mines in the world, and the construction of Medupi – advertised by Eskom as the fourth biggest power station in the world. It is also the biggest threat to Eskom’s future and to the national economy. These mega projects have reshaped the Waterberg. The first turned the remote apartheid village of Ellisras into a town, now called Lephalale, of fragmented parts. The second initiated a dream of creating South Africa’s ‘first democratic city’. But the boom tore into the local social fabric, benefitting the rich at the cost of the poor and entrenching brutally unequal gender relations. The bust is now compounding the ill effects. Meanwhile, the Mokolo River has been irreversibly damaged and the air is heavily polluted. A third boom is now hoped for. The coal bosses dream of ripping out hundreds of square kilometres of the delicate bushveld while government aims to “unlock the mineral wealth of the Waterberg” by delivering Gauteng’s sewer water to this arid area and massively expanding the coal line from Lephalale to the Highveld and on to Richards Bay for export. For this, they must ignore air and water pollution; pretend that climate change is small change; and maintain ignorance of the impacts on people. This report argues that coal’s next frontier looks more like coal’s last ditch. It is facing stiff resistance on a battlefield for our energy future and its own positions are crumbling. Another energy future is necessary as a matter of survival and requires a rapid phase out of coal and a just transition to people’s power and a more equal society.

Peter Cholakis

Tuesday Gichuki

This study is a follow-up of the recommendations of the first phase, which after an analysis of the construction/building materials sector, selected three products as having the greatest opportunity for growth. The products identified were natural stone, fired clay products and recycled plastics products.

Yusuf Muazu

Adolfo Fernández

RELATED PAPERS

Journal of Enterprising Communities: People and Places in The Global Economy

Léo-Paul DANA

Kuntala Lahiri-Dutt

Josh Stenberg

Prof. Ayman Othman

Habitat International

Alastair Blyth , O.A. K'Akumu

Dr Michael H Smith (Green Growth, Climate Change, Sustainable Development & Sustainable Design Solutions)

Mariana Grava

Didibhuku Thwala

Prof.Arunaditya Sahay

ROBERTO C. VILLAS-BÔAS , Deborah Shields , Hermann Wotruba , Caner Zanbak , Slavko Šolar

Serge Maïni (Satprem) , Jaime Royo Olid

Innocent Musonda

Nishani Harinarain , Prof. Ayman Othman

José G. Vargas-Hernández

Elżbieta Szczygieł

RELATED TOPICS

  •   We're Hiring!
  •   Help Center
  • Find new research papers in:
  • Health Sciences
  • Earth Sciences
  • Cognitive Science
  • Mathematics
  • Computer Science
  • Academia ©2024

Reinventing How Quarries Plan Sales, Production, Material Needs and Inventory Forecasts

quarry mining business plan

First published in the September 2018 issue of Quarry Management as Smarter Scheduling

The importance of collaboration and real-time information sharing in today’s business climate cannot be overstated. It is even more important for quarry operations that are constantly trying to plan and match production levels to sales volumes. Plant managers are challenged to maintain optimal quarry cash flow and inventory while preventing plant overbooking and co-ordinating with multiple suppliers for raw materials − all to schedule on-time deliveries that meet customers’ changing orders. This is especially difficult because sales teams do not often have visibility into what materials are available to be produced and sold, and how a new order will affect production. It is also challenging for managers to produce accurate forecasts and get up-to-date information regarding the plant capacity and actual sales versus forecasted sales.

A digital transformation

The latest report by Forrester Research predicts that 2018 will see enterprises refocus on leveraging advanced collaboration and communication tools across the enterprise. They also predict that, in the coming years everyone within an organization will become a data analyst with the ability to leverage modern business intelligence (BI) tools to quickly sort, prioritize and visualize targeted information that is directly relevant to that individual’s line of responsibility. The hope is that better visual interfaces and real-time reporting will actively support collaboration across operational teams and drive better decision-making at every level inside an organization. 

Not only that, the Millennial generation is expected to represent 50% or more of the overall workforce by the year 2020. Collectively, not only are younger generations ‘digital natives,’ meaning they grew up with technology, they also value it greatly and see it as a differentiator and ‘must have’ for employers. If companies want to hire and retain top talent going forward, they will need to continue to shift towards easy-to-use cloud-based tools and applications that support productivity and a collaborative environment. 

It is out of this BI-focused landscape that Daniel Mekis began to unravel the communication, production, and scheduling problems facing many quarries today. As an assistant plant manager in California, he struggled first hand with the planning and scheduling of materials at various quarries, and felt that a lack of collaboration was a major part of the problem. His team tried Outlook, Excel and even Microsoft Access and SharePoint solutions to compile sales information and to plan and co-ordinate production.

‘Back when I worked as a plant engineer, it was our job to know if we were going to make enough material to meet the demands of our customers,’ said Mr Mekis. ‘Even if you know you’re producing 250,000 tons of material throughout the year, the sales quantities change daily, with many orders changing multiple times before they actually ship. Other problems we ran into were plant overbooking, the quarry running out of materials, sourcing materials from multiple suppliers, or using incorrect materials. I used to spend at least three hours for each plant per week compiling sales information to build a forecast report – which would show materials demand in different time intervals.’

Real-time planning

Quarries are beginning to take advantage of new collaborative tools that allow teams to move away from solving a problem on an individual island and move toward initiating well-informed discussions between the various branches of an operational team. One new approach that stands out is PlantDemand, an online quarry scheduling tool not just for planning and forecasting orders and production, but also for proactively ‘PlantDemand is a new concept for aggregate operations because it uses collaboration and real-time information sharing,’ said Dennis Schaaf, director of PlantDemand. ‘It provides a single source of truth to plan sales, production, material needs and inventory forecasts.’ 

PlantDemand’s online calendar is a:

  • Scheduling tool that allows plant managers to drill down into scheduling plans
  • Single source of truth that provides plant foremen, superintendents, engineers, sales and the back office with data on aggregate production, inventory planning and forecasting
  • Live sales calendar that allows teams to adjust the plant, hours, modes and sales, and because changes are reflected immediately, users can see how current production and future orders will be impacted, and how plant operations teams can solve inventory issues before they occur.

Automatic reporting  

PlantDemand allows plant managers to create summaries and quickly run default and custom pivot-style reports against actual sales or forecasts. Automatic reporting features make it easy for the sales team to quickly enter orders and see exactly how much can be sold on any given day. Plant operators receive reports from inside sales or generate their own reports to see exactly what they need to produce and how much raw material they need to order from suppliers. 

‘Most importantly for quarries, they can now forecast exactly what their customers want today and down the line, and they now have a ‘big-picture’ view to help them balance production, inventory and cash flow,’ said Daniel Mekis. ‘That just wasn’t possible before because everyone was bogged down with getting the day’s orders out of the door and keeping up with changes.’

Better organized, smarter scheduling 

Ashlee Avila, inside material sales rep with Granite Construction, was one of the first subscribers of PlantDemand. Her department introduced strategic material purchasing by using the app to track how oil is billed for each product, allowing them to save time and considerable amounts of money. When out in the field or talking with customers, she can quickly log into PlantDemand and add notes to each order. This leaves a historical record of changes made, which might include noting last-minute cancellations, indicating customers who left mix, changed the ordered tonnage, or other variables. She also likes the fact that every morning she can see the sales calendar for the whole month in PlantDemand, and it is all colour coded by material for better organization and simplified viewing.

‘Before PlantDemand we used spreadsheets, but they didn’t scale to the level we needed,’ said Ms Avila. ‘We didn’t have a good way to forecast for the month or week and tell our guys what orders were coming. Now I can log in and within a few clicks I can see our sales calendar for the whole month, week or day. I also create a daily dispatch report every afternoon for our plant foreman, as well as a quality-control report that tallies all our orders for the next day. We save it as a PDF and it’s in a very easy-to-use format, so we’re all working from the same schedule.’

Ms Avila says PlantDemand’s mobile app is also extremely useful and she likes the way that she, the sales team and the plant manager can access it anywhere and at any time, with no software or hardware to install. She can use her iPhone to make changes to order dates or tonnage needed while in the field talking with customers. Sales staff also uses the mobile app when they are with customers to quickly see if the plant is running the next day and if so, what mix. This saves time by not having to call the office each time a customer has a question. 

Smarter inventory planning

Using PlantDemand, plant personnel can also create a production schedule, production report, and inventory forecast by tying in the live sales calendar with the plant’s production plan. Users start by entering minimum and maximum desired inventories of each product, taking into account historical data, upcoming sales, volumes and demand. April Scott, inside material sales/materials dispatcher for Granite Construction’s Sacramento office, believes PlantDemand’s inventory planning and forecasting tools help prevent stock run-out, keep customers happy and maximize cash flow. 

According to Ms Scott, PlantDemand provides added visibility into the schedule and helps keep track of customers and orders. With more than 15 customer orders daily and thousands of tons of material in sales, her calendar is very fluid. Previously she had to manage changes manually using an Excel report each day before sending out the daily schedule to the team. Today she uses PlantDemand’s shared calendar to send out a daily schedule to the sales team, the construction department and the billing department. PlantDemand also helps monitor materials inventories and identify issues before they happen.

‘Before, I’d find potential problems, but it was much harder because my schedule was on a clipboard or in a long-term schedule in Excel, not all in the same place,’ said Ms Scott. ‘Now PlantDemand looks at how much oil and aggregates are needed for upcoming orders, which helps the plant and oil suppliers prepare. The app also highlights where we’re over our daily tonnages and helps us prepare for potential overbooked days. That’s huge because we can fix these problems early before our customers even know there would have been an issue.’

Today’s most successful quarries are taking steps to improve how they track and manage sales planning, production, material needs and inventory forecasts. At the crux of more efficient operations is a commitment to expand visibility across the plant and empower the entire team with online tools that support information sharing and collaboration. When teams have the right technology and real-time data at their fingertips, quarries can become more competitive and more responsive to customer needs. For more information visit: aggregates.trimble.com/plantdemand 

  • Subscribe to Quarry Management , the monthly journal for the mineral products industry, to read articles before they appear on Agg-Net.com
  • Business & Finance Trimble

Latest Jobs

Senior surveyor/associate – minerals & waste.

SITECH raise awareness of technology-led efficiencies at Tarmac open day

SITECH stage technology open day for Tarmac

Trimble machine control solution for The Sirius Group

SITECH help drive site efficiency at The Sirius Group

Grant Pearce

SITECH appoint new head of business

The future of quarry management is now, reducing waste in the haul cycle, automated data capture, reporting and analytical tools help support the quarry of the future.

The BP1200 blender from IMS

IMS and RK6 look to build the right blend

The RDT-Master earthmover tyre from Continental

Continental receive Cat approval for Off-Highway truck tyres

Martin Conway, Finlay’s new global sales and marketing director

Finlay appoint new global sales and marketing director

Most popular.

Heidelberg Materials have completed their acquisition of Mick George Ltd

Heidelberg Materials complete acquisition of Mick George

Heidelberg Materials have added to their expanding recycling business line with the acquisition of Bristol-based B&A Group

Heidelberg Materials acquire B&A Group

The 55,000-tonne ‘Yeoman Bridge’ self-discharging bulk carrier unloading material from Glensanda at Great Yarmouth

Aggregate Industries venture into East Anglia

The new 55-tonne payload R60 rigid hauler from Volvo CE

Volvo CE expand rigid hauler range into 60- and 70-tonne classes

© The QMJ Group Ltd 2023. All Rights Reserved

7 Regent Street Nottingham NG1 5BS United Kingdom Tel: +44 (0)115 941 1315

SWOT Analysis for Airline Business Plan in Nigeria

Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

  • Post author: Ane
  • Post published: April 14, 2020
  • Post category: MINING / Business Tips / BUSINESS-PLAN-AND-FEASIBILITY-STUDY
  • Post comments: 0 Comments

A lucrative Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining for Nigerians. That is, a profitable venture business plan for sand, gravel, clay, and rock quarry. This plan also covers how to buy a rock quarry and how to start a gravel hauling business. So, do you want to start a Mining Quarry Business for Sand, Gravel, or Clay in Nigeria? This is Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

Do you need a Mining Quarry Business Plan for Sand, Gravel, and Clay with feasibility Analysis? Here it is. In fact, here are detailed Mining Quarry Business Plan for Sand Gravel Clay business proposal for start-ups.  So, if your question is, how do I start a mining quarry business in Nigeria? Here are the answers.

A profitable venture business plan for sand, gravel, clay, and rock quarry

Table of Contents

As a matter of fact, this is a Sample Mining Quarry Business Plan: Sand Gravel Clay suitable for Nigerian miners. It is a viability study designed for a Mining Quarry Business Plan: Sand Gravel Clay business in Nigeria. In fact, it covers how to start the mining quarry business in Nigeria. A Mining Quarry Business for Sand, Gravel, and Clay involves all mining processes to mine and process solid minerals for export, local dealers, and end users.

As a matter of fact, players in the sand, clay, and gravel mining industry are basically involved in mining and quarrying sand and gravel, along with clay, ceramic, and refractory minerals. Industry processes may include the beneficiation of these minerals. That is, adding value by washing, screening, and otherwise preparing the mined sand, gravel, and clay for marketing and other usages.

Who needs this business Plan? Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

In fact, the Mining Quarry Business is lucrative.  However, it requires some reasonable capital to start. It also requires approval from the regulating body, the Mining Cadastral Office that issues mining licenses and monitors mining activities.

The Sand and Gravel Mining industry processes sand and gravel used for construction aggregates. Other usages are for industrial applications such as road building, landscaping, snow and ice control, and petroleum extraction. In addition, the industry also undertakes the extraction and primary processing of clay and refractory products for use in downstream manufacturing applications. Read more from Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

Aspiring Entrepreneurs:

Any aspiring entrepreneur who is considering starting a sand and gravel mining business whether on a small scale or in a large scale should ensure that he or she, obtains all the necessary permits from the relevant local, state, and federal government office. In fact, what we mean is that all involved in this process need this business plan.

In fact, this business plan is needed to articulate the cost of establishing a Mining Quarry Business.  So, the entire solid mineral industry comprising businesses that mine and manage the distribution systems needs this business plan. Therefore, companies involved in Mining Quarry Business marketing that buy directly from the miners or depots and sell to a distribution system need this plan template.

In fact, solid mineral brokers or agents that arrange for sand, clay, and gravel to be sold via distribution systems operated by other companies also, need this business plan.

Strategic Planning: Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

Furthermore, Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining for Nigerians requires a lot of strategic planning to start. You can see that it’s a highly composite business plan. Therefore, this is an opportunity to inform you that to get this properly done you will need some business development services from us, Complete Full Marks Consultants (CFMC) Limited that is to ensure that  CFMC Limited backs you up with  professional business consulting services. No matter the scope of your operation, you need our professional support.

Highlights of the Business Plan: Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

Furthermore, this business plan is designed to feature certain peculiar business plan elements to solid mineral industry.  Therefore, the highlights of this business plan include a peculiar SWOT Appraisal.  Added are feasibility analyses necessary to generate unit cost of production and turnover volumes. The industry analysis is the other highlight. In fact, the variety of products and market segmentations are the other peculiar concepts that are well-defined in this business plan. In fact, follow us to see how these are reflected in the business plan.

The Executive Summary Of Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

This business plan is for Complete Mining Quarry Ltd. Complete Mining Quarry Ltd. is a legally registered company in Nigeria. It has 5 quarry sand mining licenses for 5 different mining sites. It has its head office in Uyo, Akwa Ibom State.

An Overview

This is a 5-year business forecast for Mining Quarry in Nigeria. The feasibility analysis reveals that Complete Mining Quarry Ltd. will be generating a total turnover of N280,000,000.00 annually from the first year of operation. Therefore, based on our 25% gross margin target, this gives a total gross profit of N70,000,000.00 and a 15% net margin of N42,000.000.00.

Ownership Profile – Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

Complete Mining Quarry Ltd. is incorporated in Nigeria in 2004 by a group of young entrepreneurs.  It however started operation in 2016 after obtaining its mining license from the Mining Cadastral office, in Abuja.

Our Competition

This is a start-up business. Venturing into the sand, gravel, and clay quarry excavating business is a big challenge. This is because this industry is already saturated with big players. In fact, many construction companies in Nigeria mine their own gravel, sand, and clays for their construction uses. Therefore, the influence of these multinational companies in this business is a big challenge. However, our research shows that these big players only produce for their own usage. 

Therefore, they are unable to meet up with the demand from the domestic and industrial sectors of the economy. In fact, the micro sector of the economy is not adequately catered for. More so are the cottage industries and homesteads that are in the rural communities.  Therefore, our major clientele is going to come from this section of Nigeria’s economy.  In fact, this is why this Complete Mining Quarry Ltd. quarry is situated in Uyo. In fact, our expansion program will see us opening more mining outlets in other parts of Akwa Ibom State. 

Competitive Advantage

In light of the above, we are going to leverage five main competitive advantages. These are:

  • Quality products.
  • Our customer base is micro, cottage industry, and domestic base. 
  • Quantity Availability all-year-round – availability of volumes demanded
  • A highly creative, customer-centric, and proactive mining and distributive approach
  • Lastly is to improve our workforce welfare based on Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

The business Objectives

The objectives for Complete Mining Quarry Ltd. are to:

  • Have our products and services in most micro and cottage business outfits within our operating environment.
  • Cover major towns and villages in Akwa Ibom state – This is to reach about 60% of our target market.
  • Sustain gross profit margins at 25%, and 15% net profit margin.
  • Develop a sustainable Solid mineral company that survives on its own cash flow.

In the light of the above, our goals include;

  • Becoming a leading Solid mining company in the environment of our operations within our first three years of operation
  • Expanding our company operations to cover  all parts of Akwa Ibom state, Nigeria.
  • To order Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

Our Visions:

Furthermore, the vision for  Complete Mining Quarry Ltd. is to;

Become the biggest Solid mining company in Akwa Ibom State.

In this connection, our vision as a sand and gravel mining company is to engage in the distribution of sand and gravel etc. across major construction sites in Akwa Ibom  States of Nigeria.

Management Team: Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

Complete Mining Quarry Ltd. parades a formidable management team of experienced managers. The ownership of Complete Mining Quarry Ltd. is made up of young talented and skilled artisans who have a number of years of industry experience having worked for some of the Multi-national companies at one time or the other.

As a matter of fact, to beef up our workforce capacity, we have decided to hire qualified and competent hands to occupy the following positions at Complete Mining Quarry Ltd.;

  • Chief Executive Officer (CEO)
  • Quality Assurance Manager (Asst. CEO)
  • Human Resources and Admin Director
  • Sales and Marketing Officer
  • Accountants/Cashiers
  • Quarry machine operators
  • Sand and Gravel Mining Casual Workers
  • Tipper Drivers
  • Customer Service Executives
  • Security officers.

SWOT Appraisal – Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

As a way forward, we engaged a management consultant to do this. We are happy to state that our consultants, Complete Full Marks Consultants Limited, have been able to appraise our internal and external environments to determine how much strength, weakness, opportunity and threat to our existence posed by these factors.

Our Strength & Weakness – Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

Our consultants highlighted the fact that in the meantime, we have the latest state of the art mining equipment and trucks. These have positioned us to meet the demand of our clients. Meaning that our present capacity is capable of meeting whatever demand. In fact, even if the demand tripled over night or if we have a massive order to meet on emergency need, we are ready.

Furthermore, one other particular factor dictated is that internal economies of scale shall be reached within the next 3 years of operation. In the light of this, we will be able to generate the lowest per unit cost of production. As at now, our present scale of operation is very efficient looking at our breakeven curve. In the light of these, the large market anticipated in Akwa Ibom state, will foster high turnover which will keep us above the weaknesses and the threats identified. Read more from Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

Another factor we count on is the background of our Chief Executive Office.  He has a robust experience in the industry and also a pretty good academic qualification to manage Complete Mining Quarry Ltd.

Opportunities

On the other hand, the opportunities available to us are unlimited. There are loads of construction sites in and around Akwa Ibom State. In fact, a marketing strategy to push our products to them is already perfected. Ordering our Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining now is a great opportunity..

Considering the business threat, the fact is that we are setting up a sand and gravel mining company in a town with other sand and gravel mining businesses. This might pose a challenge for us in breaking into the already saturated market in Akwo Ibom State.

Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining – That means, the threat that is likely going to confront us is the fact that we are competing with already established sand and gravel mining companies. And the fact that there are also going to be other incoming entrepreneurs who are likely going to launch similar businesses within the location of our business. These will also compete with us for the available market. Another threat that we are likely going to face is unfavourable government policies and economic downturn.

Our Product For Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

As a matter of fact, our products are going to be generally centred on sand, gravel, clay and rock mining. Then, their supplies and distribution. Because our clientele is going to be those of the large number of micro industries, homesteads and cottage industries, our products are to be distributed to cater for all spare of our clientele. 

Our products will generally include the following:

  • Construction sand mining
  • Gravel mining
  • Silica or industrial sand mining
  • Abrasive-sand mining
  • Ball-clay mining
  • Bentonite mining
  • Common clay mining
  • Fuller’s earth mining
  • Feldspar mining

Our Target Market: Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

In fact, we are in business to engage in the mining and supply of construction sand and gravel. Others are industrial sand and gravel. Then, are common clay and other products to the following organizations;

  • Building and construction companies
  • Road construction companies
  • Household building sites
  • Cement production plants
  • Blocks moulding companies
  • Community building projects
  • Government Projects, and
  • Professional’s practice sites

The Contributions of our Products and Services to the economy are;

  • Creating employment opportunities – over 200 workers will be employed in the next 3 years.
  • Our activities will also create business opportunities for the population who will be involved in one way or the other in the distributive value chain of our products.
  • These will generate income for the participating members of the public – a boost to the economy GDP, which give rise to
  • Improved lifestyle in our communities operations, which leads to
  • Improved wellbeing of the populace
  • In addition, are all-year-round availability of gravels, sand etc. – there will be no artificial scarcity to be created.
  • Our capacity to deliver across Akwa Ibom saves cost in building.
  • A good market for Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

What we bring into the business

As you can notice from above, we bring  into the industry in Akwa Ibom State;

  • Good business knowledge, skill and practical experience in the solid mineral mining sector
  • The capacity to consistently deliver quality solid mineral products.
  • Market watch – this is for  a good understanding of the market trends to avoid scarcity.
  • Finally, our staff bring modern online operational and technical skills.

The Financial Plan for Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

Furthermore, the materials and equipment required for Solid mineral business in Nigeria include mining trucks, office building, truck maintenance tools, company vehicles, weighing and measuring tools.  Others include mining license, excavating, stone crushing and selection machines.

This section take into account that the industry also has a high working capital requirement. This is because operators require sufficient capital to survive during periods of low prices.  At this period revenue may temporarily be insufficient to cover costs.

Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

As a matter of fact, the analysis of these are in this business plan. The financial analysis segment details all of these. Therefore, included are estimates on capital funding and assets requirement. Then are, turnover and income statement forecast for the period under plan. The cash flow analysis is structured for the first three years of operation.

In conclusion:

Furthermore, we want you to understand that whether existing or intending business, you will need this business plan format when you make applications for government and non – government business capital grants. In addition, this format is also suitable for bank loan applications and for inviting investors. In fact, when you are writing your investment proposals or concept notes for business loan grant and start – up competitions, this must be handy.

Again, this is the format of business plan required for dealership approval by the regulatory bodies in Nigeria. If you have any challenges, please, contact us. Get a copy of Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining now.

Use this check list to assess your readiness so far. Mark as completed, in progress or date to commence the process.

  • Business Name Availability Check
  • Business Registration
  • Opening of Corporate Bank Accounts
  • Securing Point of Sales (POS) Machines
  • Opening Mobile Money Accounts
  • Opening Online Payment Platforms
  • Application and Obtaining Tax Payer’s ID
  • Application for business license and permit
  • Purchase of Insurance for the Business
  • Leasing of a facility and renovating the facility as well
  • Conducting Feasibility Studies
  • Generating capital from family members
  • Invitation for Investors

Furthermore;

  • Applications for Loan from the bank
  • Writing of Business Plan
  • Drafting of Employee’s Handbook
  • Drafting of Contract Documents and other relevant Legal Documents
  • Design of The Company’s Logo
  • Printing of Promotional Materials
  • Recruitment of employees
  • Purchase of the needed stone quarry machines and equipment, furniture, racks, shelves, computers, electronic appliances, office appliances and CCTV
  • Creating Official Website for the Company
  • Creating Awareness for the business both online and around the community
  • Health and Safety and Fire Safety Arrangement (License)
  • Opening party planning
  • Establishing business relationship with construction companies, contractors and other stakeholders in the construction cum building industry
  • Purchase of tippers and delivery trucks
  • Ordering our copy of Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

READ ALSO :

  • How to get your Mining Exploration Lease in Nigeria
  • Where & How to get Small Scale Mining Lease in Nigeria
  • Get a Quarry license here
  • A 25-Year Mining Lease in Nigeria
  • Small Scale Lead Mining BPlan

The Final Copy for Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

Furthermore, be informed that this business plan’s final copy is always available. You can always have them on request at minimal cost. Therefore, to ascertain the cost of establishing a lucrative Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining for Nigerians you need it. In fact, if you must win the loan application or attract investors, you need this part of the business plan. This is where we generate the parameters that determine if you are capable of winning the loan application or attract the investor.

Finally, I wish to let you know that Complete Full Marks Consultants (CFMC) Limited is a firm of Chartered Accountants, Auditors, Taxation and Management Consultants. In fact, our professional expertise is always brought to bear in our business plan development. In addition, our several years of industry experience speak for us. Therefore, we can assist you with all the business support services you desire.

Our Contacts:

Call us at +234 8034347851 or email us via [email protected]

And now, if you enjoyed this, please help us share to reach your contacts. Thanks for doing that. And, thanks for reading through Mining Quarry Business Plan with Feasibility Study for Sand Gravel Clay Mining

Completefmc.com author

Deacon Anekperechi Nworgu, a seasoned economist who transitioned into a chartered accountant, auditor, tax practitioner, and business consultant, brings with him a wealth of industry expertise spanning over 37 years.

Share this:

You might also like.

Read more about the article One Neglected Important Aspect of Your Business Plan To Be Corrected

One Neglected Important Aspect of Your Business Plan To Be Corrected

Read more about the article A Guide on how to write a project Proposal Strategically

A Guide on how to write a project Proposal Strategically

Get business information on garlic business in nigeria here, leave a reply cancel reply.

Rusmania

  • Yekaterinburg
  • Novosibirsk
  • Vladivostok

quarry mining business plan

  • Tours to Russia
  • Practicalities
  • Russia in Lists
Rusmania • Deep into Russia

Out of the Centre

Savvino-storozhevsky monastery and museum.

Savvino-Storozhevsky Monastery and Museum

Zvenigorod's most famous sight is the Savvino-Storozhevsky Monastery, which was founded in 1398 by the monk Savva from the Troitse-Sergieva Lavra, at the invitation and with the support of Prince Yury Dmitrievich of Zvenigorod. Savva was later canonised as St Sabbas (Savva) of Storozhev. The monastery late flourished under the reign of Tsar Alexis, who chose the monastery as his family church and often went on pilgrimage there and made lots of donations to it. Most of the monastery’s buildings date from this time. The monastery is heavily fortified with thick walls and six towers, the most impressive of which is the Krasny Tower which also serves as the eastern entrance. The monastery was closed in 1918 and only reopened in 1995. In 1998 Patriarch Alexius II took part in a service to return the relics of St Sabbas to the monastery. Today the monastery has the status of a stauropegic monastery, which is second in status to a lavra. In addition to being a working monastery, it also holds the Zvenigorod Historical, Architectural and Art Museum.

Belfry and Neighbouring Churches

quarry mining business plan

Located near the main entrance is the monastery's belfry which is perhaps the calling card of the monastery due to its uniqueness. It was built in the 1650s and the St Sergius of Radonezh’s Church was opened on the middle tier in the mid-17th century, although it was originally dedicated to the Trinity. The belfry's 35-tonne Great Bladgovestny Bell fell in 1941 and was only restored and returned in 2003. Attached to the belfry is a large refectory and the Transfiguration Church, both of which were built on the orders of Tsar Alexis in the 1650s.  

quarry mining business plan

To the left of the belfry is another, smaller, refectory which is attached to the Trinity Gate-Church, which was also constructed in the 1650s on the orders of Tsar Alexis who made it his own family church. The church is elaborately decorated with colourful trims and underneath the archway is a beautiful 19th century fresco.

Nativity of Virgin Mary Cathedral

quarry mining business plan

The Nativity of Virgin Mary Cathedral is the oldest building in the monastery and among the oldest buildings in the Moscow Region. It was built between 1404 and 1405 during the lifetime of St Sabbas and using the funds of Prince Yury of Zvenigorod. The white-stone cathedral is a standard four-pillar design with a single golden dome. After the death of St Sabbas he was interred in the cathedral and a new altar dedicated to him was added.

quarry mining business plan

Under the reign of Tsar Alexis the cathedral was decorated with frescoes by Stepan Ryazanets, some of which remain today. Tsar Alexis also presented the cathedral with a five-tier iconostasis, the top row of icons have been preserved.

Tsaritsa's Chambers

quarry mining business plan

The Nativity of Virgin Mary Cathedral is located between the Tsaritsa's Chambers of the left and the Palace of Tsar Alexis on the right. The Tsaritsa's Chambers were built in the mid-17th century for the wife of Tsar Alexey - Tsaritsa Maria Ilinichna Miloskavskaya. The design of the building is influenced by the ancient Russian architectural style. Is prettier than the Tsar's chambers opposite, being red in colour with elaborately decorated window frames and entrance.

quarry mining business plan

At present the Tsaritsa's Chambers houses the Zvenigorod Historical, Architectural and Art Museum. Among its displays is an accurate recreation of the interior of a noble lady's chambers including furniture, decorations and a decorated tiled oven, and an exhibition on the history of Zvenigorod and the monastery.

Palace of Tsar Alexis

quarry mining business plan

The Palace of Tsar Alexis was built in the 1650s and is now one of the best surviving examples of non-religious architecture of that era. It was built especially for Tsar Alexis who often visited the monastery on religious pilgrimages. Its most striking feature is its pretty row of nine chimney spouts which resemble towers.

quarry mining business plan

Plan your next trip to Russia

Ready-to-book tours.

Your holiday in Russia starts here. Choose and book your tour to Russia.

REQUEST A CUSTOMISED TRIP

Looking for something unique? Create the trip of your dreams with the help of our experts.

IMAGES

  1. #30 Quarry, mining Business plan / Financial model

    quarry mining business plan

  2. Quarry Business Plan

    quarry mining business plan

  3. Mining Business Plan Template

    quarry mining business plan

  4. Business Plan For Quarry

    quarry mining business plan

  5. Mining Business Plan

    quarry mining business plan

  6. How to Start a Quarry Business in 2024

    quarry mining business plan

VIDEO

  1. THE GENESIS MINING BUSINESS PLAN

  2. Excavator digging at a quarry #mining

  3. Panoramic view at a quarry #quarry #mining

  4. Automatic Quarry & Mining Dimension

  5. Quarry Sand and gravel Extraction

  6. Quarry Blast

COMMENTS

  1. Stone Crusher and Quarry Business Plan [Sample Template]

    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.

  2. Business Plan For Quarry

    The Company Description section of your quarry business plan is crucial as it offers a comprehensive overview of your business. This section provides essential information about your company's history, mission, vision, legal structure, location, and key milestones. It allows readers to gain a clear understanding of your company's fundamental ...

  3. PDF Home

    Home - Central Highlands Regional Council

  4. Mining Business Plan

    This guide provides in-depth knowledge about creating a mining business plan with step by step instructions, templates and more.

  5. Starting a Quarry Business: How to Start your Quarrying Business Properly

    Have a Plan. All businesses need a plan if they want to succeed and quarrying is an exception. Your business plan should outline your initial steps for the quarry, who your target market is, and what are your plans for the future. It also needs to have a projected budget for your quarry. This means you need to estimate your expenses and your ...

  6. Mining Your Own Business: How You Can Start Up Your Own Quarry Business

    In this article, we begin to cover just a few of the things that you need to do to be able to set up a successful and safe quarry and mining business. Have a plan in place. Like every good business, a solid plan is essential. Without it, you are unlikely to be able to secure funding to start up your venture, and you will lack any sort of focus ...

  7. How to Start Stone Crusher Plant Business

    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.

  8. Proposed Advisory for Quarry Business Plan

    Quarry Business Plan: Project Description. The company has an intention to tap into the mining sector's opportunities by engaging in the: 1) Operations of quarries, 2) Production of Polished Stones, 3) Paving Stones, and. 4) Asphalt for the Construction Industry.

  9. Mining Software Business Plan Example

    Explore a real-world mining software business plan example and download a free template with this information to start writing your own business plan. ... The total market value for open pit, underground, and quarry mining software technologies has grown at an average rate of 22% over the past five years. Since there is no local engineering ...

  10. (DOC) Mzintlava Quarry BUSINESS PLAN

    Ownership Mzintlava Quarry is a Private Company Limited that has one member. Ms Agnes Mzobotshi, a qualified woman entrepreneur from Lusikisiki is the main shareholder of the business with 80 % interest (shares) of the enterprise and 10% for Chieftainship while 10% is for local community invested in a Trust.

  11. PDF Mine

    Mine - Quarry Planning . Elements of a Mine Plan: • Creation and maintenance of a production plan • Right material (ore/stone spec.) • Delivered at right time (scheduling) • At lowest possible cost per unit of product (process) • Fullfill the business targets of the company (ROI)

  12. how to run a quarry business

    Here are some general steps to consider when setting up a quarry: quarry site. 1.Determine the type of quarry you want to operate: Some quarries produce raw materials, such as limestone or granite ...

  13. PDF Quarry Development Plan

    The scope of this plan is quarry use throughout the life of the Project. The plan has been developed in accordance with condition 71 of the Environmental Assessment ... quarry benches or floor area) where active mining is complete and access is not required. The stockpile will be protected against water ingress. This

  14. #30 Quarry, mining Business plan / Financial model

    Download this model https://www.piterpakulski.com/product-page/quarry-mining-business This video is about quarry financial model of a business plan.If it's u...

  15. Reinventing How Quarries Plan Sales, Production, Material Needs and

    First published in the September 2018 issue of Quarry Management as Smarter Scheduling. The importance of collaboration and real-time information sharing in today's business climate cannot be overstated. It is even more important for quarry operations that are constantly trying to plan and match production levels to sales volumes.

  16. Mining Quarry Business Plan with Feasibility Study for ...

    An Overview. This is a 5-year business forecast for Mining Quarry in Nigeria. The feasibility analysis reveals that Complete Mining Quarry Ltd. will be generating a total turnover of N280,000,000.00 annually from the first year of operation.

  17. PDF The African Minerals Development Centre Business Plan

    This Business Plan was developed under the overall guidance of Her Excellency, Mrs Sinkinesh Ejigu, Minster of Mines of the Federal Republic of Ethiopia, and Chairperson of the Bureau of the Second AU Conference of Minsters Responsible for Mineral Resources Development. The Bureau endorsed the Business Plan at their meeting held on 9 October, 2012.

  18. City Organization and Land Use

    The Moscow oblast is the most highly developed and most populated region in Russia. There was a legend that Moscow was built upon seven hills, just like Rome, was exaggerated, and the truth is that there are a only few small hills in and around the city center. In the southwest corner of the city, there is an upland region, called the ...

  19. Custom Fireplace Contractors & Installers in Elektrostal'

    Search 151 Elektrostal' custom fireplace contractors & installers to find the best fireplace contractor for your project. See the top reviewed local fireplace services and installers in Elektrostal', Moscow Oblast, Russia on Houzz.

  20. Savvino-Storozhevsky Monastery and Museum

    Zvenigorod's most famous sight is the Savvino-Storozhevsky Monastery, which was founded in 1398 by the monk Savva from the Troitse-Sergieva Lavra, at the invitation and with the support of Prince Yury Dmitrievich of Zvenigorod. Savva was later canonised as St Sabbas (Savva) of Storozhev. The monastery late flourished under the reign of Tsar ...

  21. John Deere Officially Opens New Manufacturing Facility in Russia

    The new facility at Domodedovo is open just nine months after John Deere first announced its plans at the Russia - U.S. Business Forum last summer. Deere received strong cooperation from the ...