It includes information about the business, the … Construction Business Startup Guide. ... Start your own construction business plan. The narrative template is the body of the business plan. However, the market in Houston is growing so fast that the demand is currently greater than supply. Identifies, prioritize, and reach out to new partners, and business opportunities et al, Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients, Develops, executes and evaluates new plans for expanding increase sales, Documents all customer contact and information (manage the company’s CRM system), Represents the company in strategic meetings with government agencies, private sectors and contractors, Helps increase sales and growth for the company, Responsible for preparing financial reports, budgets, and financial statements for the organization. Start your own construction business plan. Need to know how to start a construction company? From our calculations, we are likely going to make a minimum of 30 percent profits after task from executing key construction projects. You … Our business concept, our mission and vision puts us at an advantage in the industry. We are prepared to inject new capital to support losses for most of this first year. Responsible for developing and managing financial systems and policies, Ensures compliance with taxation legislation, Handles all financial transactions for the company, Serves as internal auditor for the company, Receives Visitors/clients on behalf of the organization, Receives parcels/documents for the company, Handles enquiries via e-mail and phone calls for the organization, Handles any other duties as assigned the line manager, Organized private sector (Corporate organizations), Foreign investors who are interested in owning properties in the United States of America, The government of the United States of America (Government contracts), The governments of other nations of the world. This necessary because some of these equipment are really expensive and it won’t be economical for us to acquire them from the start. Shannon Berg Construction Company will ensure that we build a team that will work together towards achieving the company’s vision. We know that our selling points will be our excellent and timely delivery of construction projects using global best practices. How to Write a Business Plan in Under an Hour, This is How to Build Remote Work into Your Startup Business Plan, How to Write a Business Plan for a SaaS Company, See more articles in Writing a Business Plan », How to Make Your Business Plan Standout for Investors, How to Successfully Pitch Your Business Idea to Investors, The 11 Slides You Need to Have in Your Pitch Deck for 2020, See more articles in Pitching a Business », How Your Digital Marketing Strategy Can Help Your Business Get Funding, How to Build Credit 101 for Small Business Owners. Opening of Corporate Bank Accounts various banks in the United States: Application and Obtaining Tax Payer’s ID: Application for business license and permit: Purchase of All form of Insurance for the Business: Renting of Office Facility in New York City: Generating capital from the CEO and Business Partners: Drafting of Contract Documents (Tenancy Agreements et al), and other relevant Legal Documents: Graphic Designs and Printing of Packaging Marketing / Promotional Materials: Purchase of the Needed furniture, office equipment, electronic appliances and facility facelift: Acquiring of heavy duty construction equipment: Creating Official Website for the Company: Creating Awareness for the business (Business PR): Health and Safety and Fire Safety Arrangement: Establishing business relationship with key players in the industry (networking and membership of relevant construction bodies). The other categories that we will serve include the restaurant segment, the special facilities segment, and all other potential commercial clients. In order to achieve this vision, we just have to position our company for growth and ensure that we hire dedicated and highly competent employees at all levels. Creating a construction business plan “When I was told that I needed to produce a business plan, I didn’t know where to start as I’d never done anything like it before. Keep in mind that you will need funds to lease or … Advertise our business in real estate/properties magazines and websites. A construction company is a capital-intensive business. We intend starting our construction business on a small scale in Grand Rapids, Michigan, but we have a bigger picture – to have our presence in any part of the world that our clients wants us to work. Shannon Berg, Nani David, Lois Scotland and Christopher Parkston will be the major financier of the company. We have the market, the people, and the capabilities. Shannon Berg and other partners (Nani David, Lois Scotland and Christopher Parkston). What smaller construction companies need to do to survive in the industry is to concentrate on developing estates, schools, hospitals and hotels et al before bidding for big construction contracts like road construction, bridge construction, dam construction and skyscrapers et al. Below are the sources we intend exploring to generate income for Shannon Berg Construction Company; It is important to state that our sales forecast is based on the data gathered during our feasibility studies and also some of the assumptions readily available on the field. Starting a contracting business? The trend in the construction industry is that construction companies are always coming out with processes that will help them achieve more within a short period; construction jobs can be time consuming especially the construction of massive infrastructures. A business plan allows you to lay down the blueprint for your company … Responsible for financial forecasting and risks analysis. For this next year we intend to significantly increase overall revenues to close to $900K, from $572K this past year. Okay, so we have considered all the requirements for starting a construction business. Part of the vision of the company is to handover the baton of the company from one generation to generation; hence we have perfected our plans to put the right structures in place that will aid our succession plan. Going by the report from our research and feasibility studies, we will need about $7,000,000 (7 US Million Dollars) to set up a construction company in Grand Rapids, Michigan. We know how to get them to hire our services which is why we have decided to adopt some of the winning formula that construction giants utilize to win major construction contracts. We also took it further by analyzing and drafting a sample construction marketing plan template backed up by actionable guerrilla marketing ideas for construction businesses. The Amount needed to acquire a suitable Facility with enough space in Grand Rapids, Michigan (Re – Construction of the facility inclusive): $500,000. The construction industry can comfortably boast to be responsible for the infrastructural development of the world. The Cost for equipping the office (computers, printers, fax machines, furniture, telephones, filing cabins, safety gadgets and electronics et al): $15,000, The cost for acquiring heavy duty construction equipment: $2,000,000, Additional Expenditure (Business cards, Signage, Adverts and Promotions et al): $5,000, Working capital (investment fund): $3,000,000 (3 Million US Dollar), The Chief Executive Officer/President Engr. 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