Secrets to launching a petroleum distribution business

[@fluberttaga4571]

Thank you Brother, Very important basic information. Keep sharing...

[@think-business95]

Thank you, I will

[@mphumzindamase225]

Enkosi mnumzana, I will definitely put this information into use.

[@think-business95]

Much appreciated

[@farahcilmi4752]

Good news

[@sharonmthembu4425]

Thank you for this useful information. Do you know the requirements for importing diesel. Companies in South Africa are very expensive, whereas there are places when you can import at R6 per liter

[@think-business95]

Hey you will be provided with the requirements when you apply for registration

[@PrinceChabalala-sd6lc]

Where can you import with R6?

[@gregndabezinhle5038]

Hi, i got two questions. 1st questions is can i set up a depot in a residential area? 2nd can i sell my diesel to the public just like your Engen and BP garages?

[@R90909]

For that you need a retail license

[@morwadioka6093]

Hi Sir any info on how does one get a license to transport diesel - like refueling generators

[@think-business95]

Hi, you can apply for one at the department of mineral Resources and energy regional offices.

[@PureGrids]

Profound information, how can I get hold of you

[@think-business95]

[e-mail]

[@cameronjames5070]

Hello sir Do we need to have our storage and property facilities all sorted before applying for the license? And how do we publish our application in a newspaper what does that mean

[@think-business95]

Hi, I suggest that you apply and get the license first reason being that it will help you when you need to apply for funding or for you to get a place to operate in if you will be renting out they will probably need to see the business certificate. For publishing you need to go to your local news paper and ask them to publish your business

[@thuloamos1476]

Good day,thanks for sharing it's really helpful. I'm also interested in this sector, any chance for further communication?

[@think-business95]

Hi Thuso, I'm glad the information was helpful to you.we can communicate here I always reply to the comments

[@tracynkosi5222]

Hello there sir I have all of that however I’m struggling to get the business off the ground, in other words I’m struggling to secure business, is there any guidance perhaps that you can assist with?

[@think-business95]

Hey Tracy sorry to reply late. Do you have the capital to get started

[@think-business95]

If you have everything including capital, please start off by advertising your business you can do that through flyers and social media,lets say you want to sell diesel, try to approach businesses around your area that has alot of cars or trucks and peach your business to them. You can offer them a discount

[@milkypat1]

@@think-business95 Around how much does one need to get the business off the ground? Just an estimation. and also is there any funding that one can apply for after getting the license?

[@think-business95]

Hey, it will depend on how big or small you want to get started but with 70k you should be able to get the business off the ground because you are allowed to buy a minimum of 1500 littres petroleum products. Storage tanks are not too expensive, as for funding you can apply at IDC, Nyda, Seda, NEF,SEFA and many more if you are working you can consider a bank as well or get a private investor. Please note that you will need a Business plan, Business account and some of these funding agencies you won't get alot of money if you haven't started you get more money when your business has been running for a while

[@mvuyisinkonyeni1247]

Hello I would like to say thank you for the business ideas and the advices, I’m patiently waiting for you for the scrap metal “chicks” busines, I’m interested more on what you need and what to have to start the busines.. im based in Ec e Gqeberha

[@think-business95]

Hi thank you so much I really appreciate it and don't worry I will make the video very soon

[@SolomonMasenamela-dw8yt]

This other agency is charging 40k to file an application for a diesel wholesale is this amount legit and why 40k assist please?

[@think-business95]

Hey please try to do some research on that because I really have no clue on howw much they normally charge but agencies are expensive

[@JesusisLord78]

What license do you need to open a refinery Brother

[@think-business95]

A wholesale license, you can apply for it at the department of mineral Resources and energy

[@JesusisLord78]

@@think-business95 but IS the wholesale license not only to distribute bulk fuel? Can I open a crude oil refinery with it aswel?

[@think-business95]

The wholesale license allows you to start an oil company in South Africa

[@NkululekoCosmas-ze8gr]

This is so helpful thank u 🙏...is there any possibilities to start this business if u don't have money ?

[@NkululekoCosmas-ze8gr]

Please help bro I really wanna start this business 🙏 but I don't afford 😢

[@think-business95]

Hi,you can start without money only if you are able to atleast get a license and register your business. Open a business account and make sure that you have professional Business plan. With all this you should be able to apply for funding or try to get a private investor to invest in your business. Nyda should be able to assist you with drafting a professional Business plan or you can search online for professional business plan to avoid the costs of getting a professional to write it for you. I have a video on to 10 funding agencies you should check it out.

[@NkululekoCosmas-ze8gr]

@@think-business95 Thank u very much sir 🙏🙏

[@thetruthwontbecensored8022]

Where to do the bulk buying from... refineries cos will try finding out where does SA gets most of her gas from

[@think-business95]

Hi there, for now I only know of kzn oils that's where you can buy petroleum products in bulk.

[@thetruthwontbecensored8022]

@@think-business95 hiya there and yea thanks will be looking it up since it's a space I'm excited about.

[@DoubleO_2]

Hello there. Can you help with the part of publishing the notice of application, how will i do it?

[@think-business95]

Hey, you will have to approach local news papers and ask to publish it for you

[@SmecSMEC-k1m]

do you need a license if you are selling less than 1500 litres?

[@think-business95]

Hi yes you do

[@lebogangmere4088]

Does this also include selling gas?

[@think-business95]

Hi, yes the license allows you to sell gas as well

[@mmanarekgole6295]

Hey does this also include for motor oil ?

[@think-business95]

Good morning, according to my knowledge yes it does since motor oil is made out of polymers or crude petroleum. So it falls under petroleum products.

[@Me-show7]

What is the reason to publish notice on the newspaper ?

[@think-business95]

Hi I am not 100% sure what's the reason behind that but I think is to market your business basically you are not expected to get the license and not operate. But to get clarity on that please contact the department of mineral Resources and energy

[@dylanmoodley4558]

Hi sir, do you have to have a place to store the fuel or can you buy from the company and get them to deliver it to the client, something like dropshipping, is that possible? Thank you for the informative video

[@think-business95]

Hi, you need a place to store the fuel because remember you will be buying in bulk to sell, your clients will probably buy few littres to fill up their cars unless if mybe you get clients who will buy in bulk I think you can be able to buy from your supplier and give them your clients address to deliver

[@ms_tee]

For a fuel wholesale licence, you supply bulk fuel...that is mostly orders from 5000L upwards. You don't have to have your own storage, the oil company/your supplier has storage so you'll buy from them, either arrange your own transport to your customer or use your suppliers transport....whatever option is cheapest and most convenient for you.

[@ms_tee]

A fuel retail licence allows you to buy, store and resell to motorists.

[@karabokay6017]

@@ms_tee Hi, does this mean you will need to pay for storage?

[@ms_tee]

@@karabokay6017 you're lucky I happen to be online😃! For a wholesale distributor, no your buying price from your supplier includes storage. So, you'll get a monthly/quarterly forecast request from your Rep/Accounts Manager asking how much fuel you'll need from them over a certain period and based off that amount you'll get a discount. For example, diesel let's say is R20 a litre regulated price and as a wholesale (bulk reseller) you're going to buy 5 million litres overs 6 months then hypothetically you'll get 65c off that R20 and that'll be your profit margin. That R19,35c per litre diesel you're buying from eg SHELL with includes your storage. If you want them to transport it for you your discount will be less and it's better you find your own transporter because you most of the time can negotiate a better transport cost with them

[@yougetaspear7799]

Hey man how would you know unless you walking from experience thou🤔🤔

[@think-business95]

I research

[@radiosoundradiosound145]

i have land and five hundred thousand,so is it possible for me to start this petrol station?

[@think-business95]

Hi yes but remember you will need more capital to buy the rest of the equipment

[@innocentmabidi6381]

Thanks..who do I operate from home

[@think-business95]

Hi innocent, I don't understand your question

[@innocentmabidi6381]

@@think-business95 like U said I can operate without an office... So without an office who will I sell the product too

[@think-business95]

I said you don't need an office to start operating meaning that when you have a site you can start operating straight away there's no need for you to spend money building or renting an office. You can have your office by your house, it will all depend on your budget hence I always say start small, if you have space in your house you can start operating there.

[@innocentmabidi6381]

@@think-business95 ok thanks for clarity

[@nkanyisogumede268]

Thanks for information any consultant you know which can help me to obtain this license

[@think-business95]

I don't know of anyone but I'm sure you will get help when you go or contact the department of mineral Resources and energy

[@Laltv-vr1xm]

Some are charging R26k for this

[@clarence493]

I heard its not profitable

[@tshepangkamogelo7473]

Good day and thank you so much for sharing this information ,can you kindly drop me your email address or any alternative way i can reach out to you ,i am looking forward to establishing my own petroleum distribution company , please help a brother out. Thank you in advance.

[@think-business95]

Hi Tshepang, please leave your email address I'll contact you