7 Steps To Become a Logging Company

Here are the simple steps to begin a Logging Company

Step 1. Research on the Logging Industry

The action you need to take before starting your own logging company is to spend the time to research on the logging industry. It is essential you do this because you stand to gain a lot when you carry out decent research.

Part of what you should observe out for when researching the logging industry is to know the areas where the business grows. The financial turnover of the market, the right equipment required, the type of tree (wood) that is in high interest, the required license, permits and insurance cover is necessary for the industry. How to source for labourers, the government body saddled with the burden of regulating the industry, the umbrella body of logging firms and how you can enhance a member and loads of other factors that are peculiar to the country or state you intend building your logging company.

Step 2. Write Your Business Plan

The information you obtain from your research would be of great help when writing your business plan. You should be able to map out strategies on how to set up your logging company in your marketing plan. The honesty is that if you are able to come up with a good business plan that can pass a reality check, then you can rest assured that you are on your way to building a successful and profitable market.

Step 3. Acquire Relevant Training and Education

The logging company is indeed big business and should not be handled with levity; little surprise there is a university degree given for forestry. So, it is vital that you acquire appropriate training and education before launching your own logging business. Part of what you want to do is to enrol for a degree or diploma in forestry and against graduation; you can apply and serve with a logging company or the forestry ministry in your country.

The probity is that when you are properly educated, it makes it easier for you to follow the best practices in conducting your business. As a matter of fact, laws are regulating the logging industry, and it is your responsibility to ensure that you abide by the rules.

Step 4. Incorporate Your Company and obtain all the Required License and Permits

The truth that no one can be allowed to go into the forest to start cutting trees without securing permission and permission from the government makes it compulsory for you to first incorporate your company, and then get all the required license and permits needed to run a logging firm. You can negotiate with your lawyer to help you with the filing of your company and possibly to guide you on the process to ensure to be able to get your license and permits.

Step 5. Rent or Lease a Facility for your Lumberyard

Beginning a logging firm means that you would need a facility for your lumberyard, except you want to run a small scale logging corporation that is operated from your backyard. Therefore, ensure that you secure equipment that is large enough to adjust both your lumberyard and managing block. In entire states in the US, you would require a special permit to use any means for a large scale lumberyard. So be sure you inform your dealer that you are viewing for a facility to be used for your lumberyard.

Step 6. Purchase the Required Equipment

The major types of equipment you would need for your logging business are a lumberjack, forklift, Feller Bunchers, Skidders,  and skeleton trucks for transporting logs. You would also need security gadgets like safety booths, protective helmets, suitable hand gloves, protective goggles,  et al. In some cases, you would also need a bulldozer.

Step 7. Network and Market Your Business

The market for logs is indeed a huge market, and it is still growing. All you need to do to make the high profit in this industry is to properly position your logging company. You can market your logs to the government, construction companies and also to individuals. Guarantee that you network with major players in the development and logging industry. No doubt you are possible to get referrals from your channels and also from your customers.

There you have it; the 7 ways that can aid you to comprehend to successfully build your own logging company from scratch, and then build it to profitability within record time.

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