Making a Profit in Construction The company has successfully operated in the Houston area for the past ten years working on both small and large scale construction, repair, and alteration projects focusing on residential contracting. With the business boom that is occuring in our local area and the desire to improve overall profit margins, the company is planning to shift its target market from residential clients to the larger commercial customers. This business plan will lay out our goals and tasks to make this transition successful and create enough market share to succeed in this highly competitive market. In the original company was merged with another small scale local company, West General Contractors and the company began to bid successfully for larger scale projects.
Public facility construction hospitals, schools, shopping malls, office complexes and industrial facilities et al Construction of residential apartments Construction Consultancy and Advisory Services Sales Forecast 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.
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.
Below are the projections that we were able to come up with for the first three years of Shannon Berg Construction Company; First Year-: 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.
This business plan will lay out our goals and tasks to make this transition successful and create enough market share to succeed in this highly competitive market. The Company Houston based Fosse Commercial Contractors, LLC began in when Mr. Robert Fosse began his own company, Fosse Painting and General Construction. 11+ Sample Construction Business Plan Templates to Download Are you stuck with too many questions larger than your construction business? Well, it happens with every new startup. The current sample construction business plan template can provide one of the most crucial supports for the purpose of making effective and winning business plans. You can also see Small Business Plan Template.
From our calculations, we are likely going to make a minimum of 30 percent profits after task from executing key construction projects.
Our Pricing Strategy Part of business strategy is to ensure that we work within the budget of our clients to deliver excellent and world class construction projects. 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.
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 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.
Our Unique Selling Point; What Makes Our Construction Company Superior to Our Competitions Our unique selling point as a construction company is that fact that we handle a wide range of construction jobs; jobs ranging from the construction of estates and skyscrapers to the construction of bridges and airports et al.
Additionally, we will ensure that we work within the budget of each of our clients and also ensure that we deliver any project we handle within the set target date.
As a matter of fact, we will work pretty hard to always supersede the expectation of our clients. Another unique selling point that will give us competitive advantage over all our competitors is the fact that we have some of the best hands in the construction industry under our employment.
As a matter of fact, our board of directors and management staff are all people who are well respected in the real construction industry in the United States of America and their profile can easily help us secure construction contracts.
Benefits Our Client Stand to Gain When They Patronizes Our Construction Company When any client hires our services as a construction company to handle any of their construction projects, they are sure going to get the best from us simply because we know that if we deliver a good construction job, other potential clients can see it and then hire our services as well.
As a matter of fact, we are going to be known for delivering world class structures all over the globe. Creativity, excellence and timely completion of construction projects will be our signature.
In view of that, here are the benefits our customers and potential customers stand to benefits when they patronize our services: Standard and affordable construction projects Timely delivery of construct projects we will ensure that we meet the set deadlines for every construction project that we handle Good value for their money Guerrilla Marketing Strategies for Our Construction Company Creating Brand Identity for Our Construction Company When it comes to creating brand identity for a construction business, your construction projects should be your number one brand ambassador, which is why we must ensure that we deliver world class projects at all times.
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.
First and foremost, we want our brand to be visible and well communicated which is why we have decided to work with different class of people in the society.
All our publicity materials and jingles are done by some of the best hands in the industry.
Attend expos, seminars, and business fairs et al Engage in direct email marketing Leverage on the internet social media platforms and our official websites to promote our business Ensures that our workers wear our branded shirts at all times during working hours and also we will make sure we brand our vans, trucks and cars et al.
Strategic Marketing Alliance with Our Competitors in the Construction Industry In the construction industry, there are opportunities for a construction company to form a strategic marketing alliance with a competitor in the industry especially when the competitor is not offering same construction services.
When such construction companies secure any of such high profile construction projects, it is only natural for them to source for competent construction company to outsource the project to while they agree on profit sharing formula.
For example, bigger construction companies can secure smaller construction jobs that they may not have time to handle due other major construction jobs they are involved in. What is expected of them to do is to outsource it to a smaller construction company that can effectively handle the project.
In essence, a larger construction company can comfortably form strategic marketing alliance with a smaller construction company. Our Client Retention Strategies Ways to Improve Our Customer Experience The construction industry is one where you are expected to meet the laid down standard in any construction job that you handle, hence the least you can do is to meet up with the industry standards.
So as a construction company, we will do all that lies within our power to retain our clients especially when we are able to secure big — time clients like the government. The truth is that, if a company is able to achieve over 60 percent retentions the company will sure experience huge turn over and such company can comfortably be classified as a healthy company.
We have perfected plans on how to improve our customer experience from time to time so as to retain them and continue to get construction contracts from them or to get referrals from them.
These are the ways we intend utilizing when it comes to improving our customer experience so that we can create a good impression and generate repeated business from them: Ensures that we deliver standard construction projects to our clients Ensure we get feedback from our customers at all times Ensure that we work within the stated budget of our clients and also to deliver all projects within the agreed timeline Make use of effective customer relationship management CRM software to effectively manage our clientele base.
Ensures that we carry our customers along when making decisions that directly affect them.
We will also ensure that we make provisions to reward any clients that help us secure a construction job; we will give them commission on any contract that we secure through them.
It is a way to encourage them to help us go all out to source for construction jobs since they are going to benefit from it. After Sales Service and Client Support Services Part of the after sales services that a construction company is expected to offer is to ensure that they are directly involved in the maintenance of the project bridge, stadium, airport, roads et al for a period of time as agreed by the owner of the project.
This will enable the construction company to effectively access the project and to ensure that it is serving the purpose it was built for. Another after sale services that can be rendered by a construction company is to train the end users of the facility on how to get the best out of the facility and also how to carry out safety measures et al.
As regards customer support services, we will ensure we maximize our customer relationship management software applications so as to keep in touch with our customers and to make sure we carry them along when we have any information that we know will benefit them.
We will also open channels email, sms portal, phone and mail address where our clients can lodge their complaints if they have any. Are you satisfied with the quality and standard of the construction projects we have handled? If you are not satisfied with the quality and standard of the construction projects we have handled, in what areas would you want us to improve on going forward?
Do you have any construction project you would want us to handle?A construction business plan can provide the owner-manager or prospective owner-manager of a small construction firm with a pathway to profit.
This free sample business plan construction company guide is designed to help an owner-manager in .
NxLeveL™ Sample Entrepreneur Business Plan Magellan Construction – May – Page 2 Table of Contents I. Executive Summary II. Mission, Goals, & Objectives General Description of the Business Mission Statement Goals & Objectives III.
Background Information 1. Background Industry Information 1. Current & Future Trends 1. Business Fit in the Industry IV. A Business Plan is a written document that outlines a company's goals and how it plans to achieve them.
It also encompasses several other aspects of a company's future agenda and can serve as a tool for internal decision-making or as a business proposal to pitch to potential investors.
NxLeveL™ Sample Entrepreneur Business Plan Magellan Construction – May – Page 4 II. Mission Statement, Goals and Objectives General Description of the Business. Start your own business plan» Construction Business Plan.
Fosse Commercial Contractors LLC is a small construction company formed from the merger of Fosse Painting & General Construction and West General Contractors.
The company has successfully operated in the Houston area for the past ten years working on both small /5(83). A sample business plan for contractors will help you make sure you get all the details right.
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