I am from Baoding, Hebei Province, and I would like to start some small-scale coal business from Shanxi. I have some connections there, so I sincerely ask for advice.

First of all, through your family’s relationship, you need to get to know the relevant person in charge of the coal mine, or coal procurement in the factory or power plant, and through your family’s old relationship, get one of them to promise to give you some help. Then you can go to the customer or coal source. If the money is small, just transfer it a few times. If you have a certain relationship, you can also get some coal money on credit and some advance payment. Slowly it will become bigger.

Second, if you use coal and require invoices, you have to find a company with a coal business license to issue invoices and pay a certain fee. (There are many such companies, and many individuals who make coal do this.)

Third, you must learn to calculate costs and profits. If you think that settlement price - pit price - freight = profit , I guarantee you will lose all your money within a month. It is best to find a senior to learn all aspects of operations.

If you still don’t understand anything, you can go to my coal exchange QQ group 56349139 to share it with everyone.