Hussein Boffu runs a consultancy provides business planning, financial forecasts, market research reports, expert analysis and consulting for entrepreneurs and business owners. Reach out to him via email at hussein.boffu@tanzaniapetroleum.com or by calling, texting, or WhatsApp at +255(0)655376543.
Running a petrol station business in Tanzania can be both rewarding and challenging. While the demand for fuel remains relatively stable, various risks can threaten the success and profitability of your venture. In this comprehensive guide, we’ll explore some of the most significant risks faced by petrol station owners in Tanzania and provide unique insights […]
Business planning is essential for the success of any venture, yet many entrepreneurs dread the process. Why? Because most business plans are about as exciting as watching paint dry. In this article, we’ll explore why traditional business plans are so dull and offer tips on how to inject some much-needed creativity into your planning process. […]
You’re a brave entrepreneur, seeking profit in a challenging market. You might be thinking, “Just having land on the highway means I’ll have a successful petrol station, right?” Well, let’s talk about that. It’s Not Just About the Land. Sure, having land on a busy highway feels like striking gold, but it’s not the whole […]
Are you feeling brave enough to dive into the world of LPG distribution? You’re not alone if you’re feeling a bit nervous. Hey, who wouldn’t be? But let’s face it together, my friend. You might be thinking, “I want to get into the LPG business, but I’m scared. What if I fail to make a […]
Are you thinking of diving into the world of petrol stations? Maybe you’re already in the game but want to understand it better. Well, you’ve come to the right place! Today, we’re going to talk about the nitty-gritty differences between service stations and fuel/petrol filling stations. What’s the Deal with Service Stations? Alright, let’s break […]
Are you thinking of venturing into the petrol station business in Tanzania? If so, it’s essential to understand the different types of petrol stations available. In Tanzania, petrol stations come in three main flavors: Company Owned and Company Operated (COCO), Dealer Owned and Dealer Operated (DODO), and Company Owned but Dealer Operated (CODO). Let’s break […]
Profit is not just the measure of successful petrol station business. It’s the measure that matter. You might try to measure the success of petrol station by having many number of employees, good branding . But that’s not a measure that count. The only measure the count is profit .So before you build petrol station […]
Kenya, the land of breathtaking savannahs and diverse cultures, is also a land of opportunities, especially in the energy sector. In recent years, there has been a growing interest in Liquefied Petroleum Gas (LPG) as an alternative and cleaner source of energy. In this article, we will delve into the market analysis of LPG in […]
In Tanzania, like everywhere else, change is like a chameleon: it happens slowly, then all at once. One such change is the growing demand for Liquefied Petroleum Gas (LPG), commonly known as cooking gas. This demand is like a swelling river, unstoppable and ever-growing. But why is this happening? What are the trends, and what […]
So, you’re thinking about starting a petrol station? Smart move! But hold your horses, my friend. Before you jump in, you need to know when your investment will start paying off. That’s where the payback period comes in. In this article, we’ll break it down for you. What is the Payback Period ? Imagine you’re […]
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Dar es Salaam, Tanzania
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