The Department of Mineral Resources and Energy (DMRE) upholds the objective of regulating, transforming and promoting the minerals and energy sectors, providing sustainable and affordable energy for growth and development. The DMRE also ensures that all South Africans derive sustainable benefit from the country’s mineral wealth. When applying for a wholesale or retail fuel license through the DMRE, you need to provide a sound and comprehensive business plan, along with the other complying documents. A compliant business plan for the Department will ensure that you obtain your wholesale or retail fuel license, that is valid for as long as the business operates.
Having a fuel business in South Africa is a lucrative venture, that requires careful planning and preparation to ensure success. Developing a coherent business plan will serve to explain the purpose of your business and validate it. A thoroughly developed DMRE business plan demonstrates your business idea and creates an effective strategy for growth, to aid in determining future financial needs.
Components of a Compliant DMRE Business Plan
DMRE business plans include the following sections to ensure that all the necessary corners of your business are covered:
- Executive Summary;
- Products and Supply;
- Location;
- Market Analysis;
- Strategy and Implementations;
- Operations Plan; and
- Financial Plan.
The importance of a detailed and professional DMRE business plan should not be underestimated. It could be a contributing factor that makes or breaks your deal. A solid business plan is essential to ensure that you obtain your license or funding and investor approval. We understand that putting together a business plan yourself can be quite time-consuming and intimidating. We take the pressure off your hands and handle the entire process. You will receive a DMRE a business plan of high standards, ready for submission.
We also understand that the goal of entrepreneurship is to own a successful business. While no business idea is guaranteed, having a clear business plan increases your chances of success in the Energy Sector.
For more information on DMRE Business Plans – Do not hesitate to Contact Us!