First, it is crucial to gather information about legal requirements, market and customers, technologies and financing opportunities. Before starting your business, you should know the answers to legal, statistical, tech and investment processes questions. Some countries impose different restrictions and have very strict procedures which can take time. To be able to tick all of the necessary boxes prior to applying for financing, will save you both time and money.
In the second stage, you need to find a manufacturer, who will be willing to supply you with the necessary equipment. In this stage the project engineers will take care of the technical side of the plant development. You will be consulted with regards to the choice of a proper building, receive technical drawings and build the plant according to your requirements for product size and technical feasibility.
Once, the plant is up and running, the stage of After-Sales Service begins. To be able to sell your current output is not all. You ought to monitor trends and developments, be flexible to switch to new product, if the market demands it. In this stage you could get in touch with a consultant who would help you to sell your output and to find new solutions for new applications such as coatings, rubber asphalt, retreading of tires etc.
Although these three steps might appear as something that is easily attainable, in reality it is a very long process that in some cases can take years. Time is of the essence, but the ability to structure and create the necessary business plan is of the greatest significance. In the end of the day, your business shouldn't be about how much time it took, but rather about the results it managed to deliver.