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How to Start a Borehole Drilling Business


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If you grew up or live in a developing or third world country, then you will have an idea of how it is to go for days or weeks or even months without water.
Water is life and as humans we need water for our daily existence, people go far length to make sure they have steady supply of water in their homes, offices and other business places.

With all this in mind, I am sure you will see that going into a business that will see to the provision of water for human consumption is a wonderful opportunity and if you are well-positioned you can start a borehole drilling business and become successful. But before starting this business, you need to acquire some technical skills and to acquire this skills, you must undergo serious training in other to effectively run your own borehole drilling business.
Let us look at some of the steps to follow in other to start a borehole drilling business:
borehole
1. HAVE A FEASIBILITY STUDY DONE TOGETHER WITH YOUR BUSINESS PLAN:

      A feasibility study will keep you in details necessary information about your proposed business, it will ensure you are well prepared both physically and mentally for the business and a well written business plan will attract the right investors for your business and motivate you to build your business into a successful empire.

2. STARTUP CAPITAL: 
     You need to know before hand that this business is a capital intensive one because you need good funds to purchase the necessary equipment and machinery needed for this kind of business. You also need to employ workers because this business needs more than one person to get a job done, so you are looking at a couple of millions in Naira or thousands of dollars to get you started.

3. LEARN THE TECHNICAL SKILLS:
      As mentioned above, technical skill is required in other to properly run this business. So what you need to do is take up a training course from a well established borehole drilling company and take your time to learn everything there is to know about borehole drilling.

4. SETTLE ALL LEGAL MATTERS CONCERNING YOUR BUSINESS:

       If you plan to operate fully and develop a large base of clients, then you see to it that your business gets registered. Registration of business this days is less stressful compare to how it used for be way back, so locate the corporate affairs department wherever you are and get done all that will make you operate your business as a legal entity.

5. LOCATION:
        It is important to get a place that clients can access and contract your service whenever the need arises.

6. GET THE REQUIRED MACHINERIES:
        Acquiring equipment and machines is one major area that will eat deep into your start up capital because these machineries is what will get a job done for you with ease. Here are some of the equipment you will be needing: 
              * Bore master 120 hydraulic down hole 
             * Drill rods
             * Diesel engine
             * Drag stock
             * Drilling rig 
             * Safety helmet and boots
             * Overall and hand gloves

7. HIRE WORKERS:
      This business is a business that cannot be run by one individual, you will need a couple of experienced and inexperience hands to help you with any job. So when hiring workers make sure there is provision for their training and working materials.

8. GET CONTACT AND CONTRACT FOR YOUR BUSINESS:
       There are various ways in which you can source for contact and get contract for your business, start by contacting property owners, building construction sites, bottled water companies, car wash owners, laundry business owners and construction companies. You can also network your business to government offices and secure contract jobs there.

         Make sure you position yourself very well to make irresistible offers to clients that they can't help but to always seek for your service and In time , your business will grow into a successful one.