As a matter of fact, we are going to be known for delivering world class structures all over the globe. For the plan to be successful, listed services must have enough variety, specialty, and depth. 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. One of the greatest contributing factors to longevity in the industry is customer … Shannon Berg Construction Company was established with the aim of maximizing profits through delivering quality and standard construction works for our highly esteemed clients. Shannon Berg will generate 20 percent of the start – up capital from his personal savings and sale of his stocks, 30% of the capital will be generated from key partners (Nani David, Lois Scotland and Christopher Parkston), 50% of the capital will be sourced from banks. How much money will it take to start your small business? Shannon Berg and other partners (Nani David, Lois Scotland and Christopher Parkston). Can You Get a Business Loan With Bad Credit? In order to position of company for growth, we have been able to create strong partnerships with the government of the United States of America, organized private sector and construction giants. It also includes market research to support your plans. If you are starting a construction company, you need a construction business plan. architects and project managers et al), Responsible for managing, directing and monitoring progress during each phase of a project, Responsible for creating building designs and highly detailed drawings both by using the hands and by using specialist computer – aided design (CAD) software, Works around constraining factors such as town planning legislation, environmental impact and project budget, Writes and presents reports, proposals, applications and contracts, Adapting plans according to circumstances and resolving any problems that may arise during construction, Works with project team and management to achieve a common goal. Our business offering are listed below; Shannon Berg Construction Company intend starting small from Grand Rapids, Michigan, but with a vision of growing the business to becoming a global construction brand with presence in all the continents of the world. Need to know how to start a construction company? Shannon Berg Construction Company is a construction company that is set to undertake both small construction projects and massive construction projects for governments, private sectors and for individuals which is why we do not intend to place limitations of the scope of the projects we handle and what we do. Construction Business Startup Guide. 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. The Houston area is booming at this moment, business has grown in the area for the last few years and is expected to continue for at least the next four years. All our publicity materials and jingles are done by some of the best hands in the industry. Shannon Berg Construction Company will ensure that we build a team that will work together towards achieving the company’s vision. We require huge financial base to be able to acquire some of the latest heavy duty construction equipment. The narrative template is the body of the business plan. Our competitive advantage is not limited to the crop of highly experienced professions that are members of our management team but also our board members. Responsible for applying for planning permission and advice from governmental new building and legal department. A construction company business plan encompasses many factors. Mr. David West, FCC’s General Projects Manager, is the nephew of Charles Nunn, who owns McHoughton’s Lumber, one of the Midwest’s major construction material suppliers. A construction company is a capital-intensive business. We recommend using LivePlan as the easiest way to create graphs for your own business plan. Central to these changes is the Washington State Department of … First and foremost, we want our brands to be visible and well communicated, which is why our publicity strategy have been well crafted to help us achieve our aims and business objectives. This business plan also contains the goals of the construction company as well as the business … 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. Our board members are highly respected professionals in the United States who have served the government of the United States at various capacities; people who are accomplished business gurus and people who have the right connections and experience to make things happen with little or no struggle. Start your own construction business plan. Okay, so we have considered all the requirements for starting a construction business. Our target market cuts across governments at all levels and countries, the organized private sector and people of different class and from all walks of life. Most players in the construction industry are fully aware that the government of any country or state is the biggest clients they can get and they do all the lobbying and horse trading to ensure that they get government contracts. With this edge the company can underbid its rivals and achieve a low cost leadership role. Responsible for providing direction for the business. The area is expanding rapidly and they need a company that can provide high quality work and materials to build the spaces that were needed. Easily write a business plan, secure funding, and gain insights. We also think we can grow. It helped me to figure out where my construction business … Shannon Berg Construction Company will adopt the following marketing and sales strategies; We have been able to work with our consultants to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market. We will build a business that has the right structures and process in place that can support growth; a business that runs on auto pilot. Bplans is owned and operated by Palo Alto Software, Inc., as a free resource to help entrepreneurs start and run better businesses. leading the development and implementation of the overall organization’s strategy. We can confidently say that we have a robust financial standing and we are ready to take on any construction project that comes our way, as long as the project is duly commissioned by the required authority. It might be challenging competing as a newbie in the construction industry, especially in a highly organized market like that of the United States of America, which is why we were deliberate in choosing our board members. Get Your Legal Ducks in a Row. Greens Manicure Service is a start-up company providing residential lawn-care services. Shannon Berg Construction Company will be specialized in the constructions of skyscrapers, bridges, stadiums, roads, dams, Office complex, shopping malls, schools, campuses and estates et al. Promote our business on satellite TV stations and radio stations. 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. 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. Calculate your startup costs Start planning. 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. In this regard, how you start a construction company is the same as you would any other business venture. Responsible for the day to day running of the business, Responsible for handling high profile clients and deals, Responsible for fixing prices and signing business deals, Responsible for signing checks and documents on behalf of the company, Evaluates the success of the organization, Responsible for the planning, management and coordinating all projects on behalf of the company, Ensures compliance during project executions, Provides advice on the management of projects, Responsible for carrying out risk assessment, Using IT systems and software to keep track of people and progress of ongoing projects, Responsible for overseeing the accounting, costing and billing of every project, Represents the organization’s interest at various stakeholders meetings. So let’s proceed to the business planning section. They decided to restrict the sourcing of the startup capital for the business to just three major sources. Start your own business plan. The best way to establish your business as a professional operation … Our marketing team will continue to get the needed support and encouragement that they need to be able to deliver on set goals and targets for the organization, and we will continue to improve our processes and structure to meet up with the changing trend in the construction industry. 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. They offer the security of an established company combined with the growth potential of a new business … ... Start your own construction business plan. Customers in the Houston area are in need of beautiful office buildings, warehouses, public works etc. But, with the help of a friend, I managed to do it and I’m so glad I did. In order to properly position our company for growth and to favorably compete in the construction industry, we engaged the services of a Dr. Joe Whyte, a renowned HR and business consultants in the United States of America to help us run a SWOT analysis. 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. Shannon Berg Construction Company is an international construction company that has its headquarters in Grand Rapids, Michigan – USA. They won’t lack construction contracts from both the government and the private sector. The budget for Liability insurance, permits and license: $5,000. Your business plan can look as polished and professional as this sample plan… The Amount needed to acquire a suitable Facility with enough space in Grand Rapids, Michigan (Re – Construction of the facility inclusive): $500,000. Secure the Proper Financing. How to Mitigate Risk With a Risk Burndown, 5 Online Business Courses to Consider Taking in 2021, See more articles in Managing a Business ». We will be concentrating on the customers that will provide us with the greatest margin, in other words those clients desiring office building construction. The fact that we are going to be billing our clients lower than what is obtainable in the industry does not in any way going to affect the quality of our construction projects. Although we are a new construction company, but our president and board of trustee are respectable people in the United States of America who have served the US government in various capacity; we are a construction company that has the right network that is suitable for the kind of business we are into. 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. Nonetheless, we have made a concerted decision not to limit the number of investors with similar investment ideology that may want to invest in the business. Construction giants all over the world head towards developing countries, because they know that they are going to get juicy construction contracts there. Twin Brothers Construction is a start-up provider of construction and renovation services for commercial properties. We are an international construction company and we work for our clients (governments and private sectors) in any part of the world. Each of these companies targets the same clients as Fosse and each has a fine reputation for customer satisfaction. Another threat that we are likely going to face is the arrival of a big construction company in the location where our business has strong presence. Through this relationship, Fosse has been able to gain a very advantageous supplier contract allowing Fosse to obtain its materials at a significant discount. It is absolutely critical that you have the money in place to do what … Entrepreneur Quiz: Do You Have What It Takes to Succeed? We have relationship with major stake holders in the real estate and construction industry in Grand Rapids, Michigan and also in order states in the US and we are sure of getting key construction contracts to kick start of business. We know that it will take different marketing and sales strategies to win small clients and bigger clients. These are the threats that we are likely going to face as a newbie construction company in Grand Rapids, Michigan. You may need to rent or buy heavy equipment, or purchase materials in bulk. We can turn a profit for years 2 and 3. Fosse maintains the highest standards of service in the commercial construction industry. The fact that we are based in the united states does not in any way restrict our scope of operations to the United States of America. However, growth is expensive. Sustainability and Expansion Strategy, How Non Profit Organizations Benefit the Society/Community, Public facility construction (hospitals, schools, shopping malls, office complexes and industrial facilities et al), Construction Consultancy and Advisory Services. These are TNT General Contractors, Texas Specialty Construction, and Polanski Construction. So let’s proceed to the business … We will start small to build trust within Grand Rapids, Michigan and there are loads of opportunities for us there simply because we are well positioned to work with both the state government and the highly organized private sector. We have been able to clearly define our target market and have documented this in our construction marketing plan. Because of the diversification in the construction industry, you may be engaged in residential, commercial or industrial construction. Shannon Berg Construction Company is fully aware of the bureaucracy and horse trading that exists in bidding for construction contracts from the government and even the organized private sector, which is why we were able to put protocols in place to hire some of the best business developer to handle our sales and marketing. The financial plan is arguably the most important part of your construction company business plan. In a normal world, no business can be started without … Generate part of the startup … Smaller construction companies position themselves to be able to leverage on such opportunities once it present itself. We know that if we are good at what we do, it will make it easier for our brand to grow beyond Grand Rapids, Michigan to other parts of the United States of America and the rest of the world. Fosse has a unique competitive edge over most of its competitors. A construction business plan can be defined as a business plan that allows you to lay down the outline for your construction company from start to finish. Fosse Commercial Contractors (FCC) strives to offer the finest quality design, site preparation, cost estimates, construction, repair, and alteration to clients needing large scale construction services, whether it be office buildings, warehouses, large apartment complexes, public works, etc. Unlike in advanced economy, in developing countries and undeveloped world, there are loads of construction works to be done. It is now obvious that construction giants leverage on their brands to win contracts and in some cases after they have won the contract, they will go ahead to sublet the contract to smaller construction company that they trust can deliver to execute the project at an agreed fee that will be good enough for both parties to make profits. As part of our plans to make our highly esteemed customers our number one priority and to become a global construction brand, we have perfected plans and strategies that will enable us work with our clients in delivering projects that can favorably compete with the best in the industry at an affordable and reasonable price within the stipulated completion date barring any unforeseen circumstance. This is an excellent opportunity to gain market share and a defensible position in the industry. John and Lisa Walker, as co-owners, will provide the bulk of start-up financing in the amount of $72,000 ($36,000 and 35.47 percent ownership each). Our guide on starting a construction contractor business covers all the essential information to help you decide if this business is a good match for you. 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. intellectual property, mergers & acquisitions, financial/ securities offerings, compliance issues, transactions, agreements, lawsuits and patents et al), Develops company policy and position on legal issues, Researches, anticipate and guard company against legal risks, Represents company in legal proceedings (administrative boards, court trials et al), Plays a part in business deals negotiation and take minutes of meetings, Responsible for analyzing legal documents on behalf of the company, Responsible for overseeing the smooth running of HR and administrative tasks for the organization, Defines job positions for recruitment and managing interviewing process, Carries out staff induction for new team members, Responsible for training, evaluation and assessment of employees, Responsible for arranging travel, meetings and appointments. Below are the projections that we were able to come up with for the first three years of Shannon Berg Construction Company; N.B: This projection is done based on what is obtainable in the industry and with the assumption that all things that will facilitate easy flow of construction contracts. Starting a contracting business? Jose McLaurin and his immediate family members. Construction Business Plan Fosse Commercial Contractors strives to offer the finest quality design, site preparation, cost estimates, construction, repair, and alteration to clients needing large scale construction … No doubt there are loads of big time investors that have stakes in the construction industry, but one thing is certain, there is room big enough to accommodate both the big construction companies and the small construction companies. In view of the above, we have made provisions for the following position in our organization based on the size of the company we intend starting but as the business grows, we will create senior level positions and also create a structure that will support the business growth at every growth and expansion stage; Surviving in the business world as a construction company requires more than knowing how to deliver standard projects but also how to network with key people that matter; decision makers that can decide who a project is given to and all that. It contains more than 150 … Starting a construction business is capital intensive simply because of the type of heavy duty equipment that is required to carry out a construction project and also the cost of managing a large workforce. Ajaero Tony Martins is an Entrepreneur, Real Estate Developer and Investor; with a passion for sharing his knowledge with budding entrepreneurs. Approximately $59,500 additional funding is needed. It includes information about the business, the … Starting a construction company is an excellent way of enjoying long-term returns on investment. A business plan will help you increase your management skills. We know that it will be a bit difficult to compete with already established construction companies in the United States especially because we are new in the industry. Responsible for undertaking land surveys/measurements using a variety of specialist technical equipment such as theodolites, laser alignment devices and satellite positioning systems et al. Calculate the startup costs for your small business so you can request funding, attract investors, and estimate when you’ll turn a profit. A solid business plan can outline your assets, and … Get this complete sample business plan as a free text document. Similar to any other startup, you need a solid business plan when establishing a construction company. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Shannon Berg Construction Company; Shannon Berg Construction Company can confidently boast of having a competent and highly experienced management team who are regarded as some of the best hands in Michigan. Plus, you’ll need to have a business plan … Shannon Berg Construction Company was established with the aim of building a company that will outlive the founders and partners; a construction company that will have active presence in major cities in the world. We are quite aware that there are major players in the construction industry in the United Stated of America who are not interested in small business deals and that is why we have positioned Shannon Berg Construction Company to take on such contracts. Here you’ll find all the resources you need to plan your business and get it off the ground. 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. We expect to see increased profits from our market shift efforts by the end of Year 2. To stack the odds in your favor, consider tapping into one of the many construction consulting and management services business startup opportunities offered by leading brands and franchisors. 5. Generally in the construction industry, both the already established construction companies and start – up construction companies are subject to threat from government policies, global economic downturn and unforeseen natural disasters (disasters that may cause setback). The construction industry can comfortably boast to be responsible for the infrastructural development of the world. Despite the fact that the construction industry requires huge start – up capital, the industry is highly profitable, especially if you have the expertise and capacity to deliver quality jobs. Another obvious trend in the construction industry is subletting of contracts. After a war, the construction industry is one of the major stakeholders that contribute in the rebuilding of a country. We are going to pay more emphasis in the training of all our employees so as to give them all they would need to help the company achieve its aim and objectives. Here are the payment options that we will make available to our clients; In view of the above, we have chosen banking platforms that will help us achieve our plans without any itches. Shannon Berg Construction Company will be owned by the principal partner; Engr. Complete sample construction business run better businesses they are going to face as a newbie company... 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