Hussein Boffu runs a consultancy helping elite entrepreneurs reach their goals through actionable business planning. Contact him via email at hussein.boffu@tanzanapetroleum.com or by calling, texting, or WhatsApp at +255(0)655376543.
In recent years, the petrol station industry in Tanzania has been largely controlled by three multinational energy companies. However, there’s a shift happening now, with smaller investors and entrepreneurs gearing up for aggressive expansion by building new petrol stations. With the growing number of roads and economic activities like transportation, the demand for fuel is […]
As the compressed natural gas (CNG) market in Tanzania continues to expand, petrol station owners must carefully consider the potential benefits of incorporating this cleaner and more cost-effective fuel into their business model. By planning ahead and proactively addressing the key considerations, savvy entrepreneurs can position their stations to capture a larger share of the […]
So, you’ve got this amazing idea for a new business. You’ve done your homework, and everyone you’ve talked to thinks it’s a winner. But let’s face it, talk is cheap. What you really need is money to turn that idea into reality. But where do you get the cash? Your bank account isn’t exactly overflowing, […]
An investment proposal isn’t just a roadmap for potential investors; it’s a reflection of your goals, strategies, and growth potential. Why is mastering the art of crafting a compelling proposal crucial? Because a well-structured one can attract top-tier investors, secure solid financial backing, and turn your investment dreams into reality. So, let’s dive in and […]
If you’ve identified a location with high profit potential to expand and grow your petrol station business, the financial rewards could be substantial. By carefully analyzing the key factors that contribute to a station’s profitability, you can make strategic decisions that drive your bottom line and set your business up for long-term success. The crucial […]
Most entrepreneurs recognize the importance of planning. However, many of them struggle to implement it, mainly because it’s challenging, they fear being held accountable, or they hesitate to hold others accountable. These entrepreneurs often downplay planning’s significance, arguing that since the future is unpredictable, there’s little point in planning for it. While it’s true that […]
Dar es Salaam’s CNG stations are experiencing remarkable success, with each station selling an average of 4,500 to 5,000 kilograms of gas per day at a selling price of Tsh 1,500 per kilogram. This translates to a daily revenue of Tsh 6,750,000 for a CNG station owner in the city. This data showcases the immense […]
Starting a petrol station business in Tanzania presents a wealth of opportunities, but it also comes with a host of legal and regulatory requirements that must be met to operate legally and safely. Understanding these regulations is crucial for avoiding costly fines and ensuring your business runs smoothly from the start. This article outlines the […]
Building a petrol station is a complex endeavor that requires careful planning and consideration of various factors. Among these factors, the location and size of the gas station play a crucial role in determining the overall cost. Below are key cost considerations in the construction of a petrol station: 1. Office Building: The construction cost […]
Investing in a petrol station in Tanzania can be a lucrative venture, but making the wrong decision on location can turn your investment into a costly mistake. Many entrepreneurs underestimate the importance of a proper location assessment before they break ground, and as a result, they face challenges like low sales, high competition, and slow […]
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Dar es Salaam, Tanzania
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