They offer the security of an established company combined with the growth potential of a new business … Fosse maintains the highest standards of service in the commercial construction industry. It is normal for clients to think twice before awarding construction contracts to newbies in the industry. It contains more than 150 … Ajaero Tony Martins is an Entrepreneur, Real Estate Developer and Investor; with a passion for sharing his knowledge with budding entrepreneurs. Through this relationship, Fosse has been able to gain a very advantageous supplier contract allowing Fosse to obtain its materials at a significant discount. Bplans is owned and operated by Palo Alto Software, Inc., as a free resource to help entrepreneurs start and run better businesses. 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 recommend using LivePlan as the easiest way to create graphs for your own business plan. They also have plans in the pipeline to sell the shares of the company in the nearest future to interested investors who would want to be part owners of the company. One of the greatest contributing factors to longevity in the industry is customer … Although our prices may not be outrageously lower than what is obtained in the industry, but we are hopefully that whatever price we bill our customer will be amongst the lowest they can get in the industry. The fact that they have infrastructure deficit means that the government must be up and doing in terms of road constructions, bridge construction, public facility construction (hospitals, schools, office facilities and estates et al) and dams constructions. We have put all these factors in place before creating a workable marketing and sales strategy for Shannon Berg Construction Company. In so doing, they work with governments in ensuring that basic infrastructures are restored and of course it will always ends up a win – win situation for both parties. See more articles in Funding a Business », How to Form Business Ideas by Looking at Common Problems, How to Start a Business in 8 Steps — 2021 Guide, See more articles in Starting a Business ». A construction company business plan encompasses many factors. ... Start your own construction business plan. 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). Get Your Legal Ducks in a Row. The best way to establish your business as a professional operation … 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 this complete sample business plan as a free text document. Our vision is to build a first class construction company that will have active presence in North America, South America, Africa and Asia. 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. We will ensure that we generate income from every available means within the construction industry. This makes for a very attractive market for Fosse Commercial Contractors. It is our desire that all equity partners be limited partners. The budget for Liability insurance, permits and license: $5,000. 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. Our business concept, our mission and vision puts us at an advantage in the industry. Grow Your Business. We know that it will take different marketing and sales strategies to win small clients and bigger clients. At Shannon Berg Construction Company, our mission and values are to help governments, the private sector and individuals in the United States of America and throughout the world realize their dreams of building a world class structure that can compete on a global stage with the best in the construction industry. We hope to achieve this feat within the first 10 years of launching the company. The construction industry can comfortably boast to be responsible for the infrastructural development of the world. Responsible for financial forecasting and risks analysis. Freelancers vs. Employees — Which Option Is Best For My Startup? A business plan allows you to lay down the blueprint for your company … 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. Your business plan can look as polished and professional as this sample plan. No doubt, our sales and marketing team will be recruited based on their vast experience in the construction industry and their ability to fit into our Business model. The other categories that we will serve include the restaurant segment, the special facilities segment, and all other potential commercial clients. 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. Can You Get a Business Loan With Bad Credit? Lastly, we will not relent in taking calculated business risks when it comes to bidding for bigger government contracts and taking on new business challenges and new business frontiers. 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 are an international construction company and we work for our clients (governments and private sectors) in any part of the world. Business Plan for a Startup Business The business plan consists of a narrative and several financial worksheets. After you complete the 11 worksheets, you will have a working business plan for your startup to show your SCORE mentor. The startup costs associated with a construction company can vary dramatically based on where you operate and what services you provide. 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. For example; there are requirements a construction company would hate to meet before they can be awarded a government contract. Your business plan can look as polished and professional as this sample plan… 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. A business plan provides a snapshot of your construction business as it stands today, and lays out your growth plan for the next five years. Jose McLaurin and his immediate family members. It explains your business goals and your strategy for reaching them. Central to these changes is the Washington State Department of … In other words, all the edifices, bridges, dams, roads, estates, campuses, shopping malls, office complexes, skyscrapers and massive structures that you see around are all products of the construction industry. Test Your Idea First, How to Come up with Hundreds of Business Ideas. construction company business plan template Starting a construction business without money sound so strange that one might think its impossible. 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. Over the next three years we expect lower profits as we make inroads into this tough market. Follow these 9 steps from George Hedley to create a winning business plan. 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. Oversees the smooth running of the daily office activities. Attend expos, seminars, and business fairs et al, Create different packages for different category of clients in order to work with their budgets and still deliver quality housing/property to them, Leverage on the internet (social media platforms and our official websites) to promote our business, Place adverts on both print and electronic media platforms, Utilize our company’s website in promoting our business, Leverage on the internet and social media platforms like; Instagram, Facebook ,Twitter, LinkedIn, Badoo, Google+ et al, Install our Bill Boards on strategic locations. 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. Start your own business plan. It's fast and easy, with LivePlan. 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. The major clients for construction companies are governments and the private sector. We are optimistic that we will continue to execute construction contracts for our clients. Introduce our business by sending introductory letters alongside our brochure to all the corporate organizations and government offices in Grand Rapids, Michigan and other States in the US. It is important to state that most of the heavy duty construction equipment that we will work with will be leased. In a normal world, no business can be started without … 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. Okay, so we have considered all the requirements for starting a construction business. Start planning. 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. If you are starting a construction company, you need a construction business plan. 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. From our calculations, we are likely going to make a minimum of 30 percent profits after task from executing key construction projects. 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. Currently we have three major competitors within the Houston area. The government gets what they want and the construction company and contractors get good returns for delivering the projects. Another obvious trend in the construction industry is subletting of contracts. 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