If you already have a particular product you are thinking of distributing, your best option would be to contact that company and find out what the requirements are to distribute their products. Each company will have different criteria.
This business plan was complied after a proper feasibility study on lubricant oil distribution business plan in Nigeria was carried out.
Your business plan will be sent to your email within 15 minutes. Cars are a major part of any economy in the world and till there is a new invention, lubricant oil is going to keep being a major commodity used in car maintenance.
Lubricant oils are major extracts or fractions of crude oil.
Before we discuss about how to begin a lubricant oil business in Nigeria I think it is very important to give a brief background to what lubricant oils are and how they come about.
When crude oil is being processed through the process of fractional distillation at oil refineries, there are several fractions that proceed as a result of this process.
One of such fractions is petroleum products of which lubricant oils is a major part. Some of the products that come forth from the fractional oil distribution business plan process include liquefied natural gas, paraffin wax, kerosene, liquefied petroleum gas, premium motor spirit, tar, asphalt and lubricant oils.
Lubricant oils is not just engine oils, this should be stated at this point because classifying engine oils alone as lubricant oils is a major notion in this part of the world and the ideology is quite wrong. There are several other oils that fall into the lubricant oil category, we will look at a few later in this article.
Lubricant oils are very important to every engine, as a matter of fact they are almost indispensable, for without them the engine will be affected by friction and will end up knocking. The lubricant oils help to reduce friction in the engine parts and as a result reduce the heat emitted from the engine.
This way there is a drastic reduction in the wear and tear of the engine and thus the life of the engine is prolonged. Having said this we can see how important the lubricant oils are to our everyday life. Asides their use in cars, we have machines that we use on a daily basis in factories, generators, business offices, shops, transportation and several other sectors.
Almost all of these machines have engines which require the use of lubricant oils for their maintenance and proper function.
This makes it evident that lubricant oils are in very high demand and the market is big enough to accommodate new entrants.
Most of all it tells you that there is a lot of profit to be made in this sector, so if you have any interest, as I suspect you because you are reading about this, then you should dive in. Different types of engine oil you can invest in Like it was stated earlier in this article, there are several oils that fall under the lubricant oil category, in this section we will take a brief look at each of them.
As expected, this is the most popular lubricant oil in our society today. The motor engine oil is what is generally referred to as engine oil and the market for this particular product is extremely large. Every car, motorbike, bus, trailer, etc. The motor engine oil could come as 5W30 or 5W40, these properties depends on two major factor which are the manufacturer and the kind of treatment given to the oil during the manufacturing process.
This oil required majorly when the engines of these vehicles are being serviced, that just means there will always be a demand for this product. For several years now, cars have been transformed from the manual gearing system to the automatic gearing system.
This change in gearing system has created a demand for a different kind of lubricant oil known as the automatic transmission fluid.Rio de Janeiro, September 20, – Petróleo Brasileiro S.A. – Petrobras announces that its Board of Directors approved, at a meeting held yesterday, the new Strategic Plan and the Business and Management Plan North Sea oil is a mixture of hydrocarbons, comprising liquid petroleum and natural gas, produced from petroleum reservoirs beneath the North Sea..
In the petroleum industry, the term "North Sea" often includes areas such as the Norwegian Sea and the area known as "West of Shetland", "the Atlantic Frontier" or "the Atlantic Margin" that is not geographically part of the North Sea.
BACKGROUND. When fuel spikes as it has recently and over the last number of years, many blame the oil companies. There is more to the story.
In trucking businesses, we not only need to know when it is going to happen, but more importantly how to plan around it.
The poultry business is an immensely profitable one for any entrepreneur to venture into in Nigeria. But while growing chickens can be a lucrative investment, venturing into the supply and distribution of eggs to buyers with shops and more is a lucrative segment of the poultry business for anyone to start up a profitable enterprise in.
The unemployment rate in the Longview Metropolitan Statistical Area dropped in October to its lowest rate since May , the Texas Workforce Commission reported Friday. Should you prepare a feasibility study report or a business plan?
This is a question that is always asked by thousands of people daily. They want to prepare either of the two but classify both as the same without understanding the clear distinction between a feasibility study report and a business plan.