Customers in the Houston area are in need of beautiful office buildings, warehouses, public works etc. Generating Funding/Startup Capital for Shannon Berg Construction Company. Fosse has a unique competitive edge over most of its competitors. This business plan also contains the goals of the construction company as well as the business … Give you business the best chance for success with a top-notch business plan. It’s time to grow. If YES, here’s a complete sample construction business plan template & feasibility report you can use for FREE. A business plan allows you to lay down the blueprint for your company … If you are starting a construction company, you need a construction business plan. Secure the Proper Financing. 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. Engr. 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. 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. After a war, the construction industry is one of the major stakeholders that contribute in the rebuilding of a country. 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. The construction industry can comfortably boast to be responsible for the infrastructural development of the world. Write your business plan with the #1 online business planning tool. Smaller construction companies position themselves to be able to leverage on such opportunities once it present itself. One of the greatest contributing factors to longevity in the industry is customer … 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. 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. In this regard, how you start a construction company is the same as you would any other business venture. Below is a list of the people and organizations that we have specifically designed our services for; We are quite aware that there are big – time investors and construction companies who are well recognized in the construction industry, and we maybe have to compete with them when it is time to bid for juicy government contracts. Ensures that project desired result is achieved, the most efficient resources are utilized and different interests involved are satisfied. 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. Check out our free construction and engineering sample business plans, follow our checklists and starting … 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. 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. We also think we can grow. The startup costs associated with a construction company can vary dramatically based on where you operate and what services you provide. Construction giants all over the world head towards developing countries, because they know that they are going to get juicy construction contracts there. 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. The Amount needed to acquire a suitable Facility with enough space in Grand Rapids, Michigan (Re – Construction of the facility inclusive): $500,000. 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. We have the market, the people, and the capabilities. 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. We are optimistic that we will continue to execute construction contracts for our clients. Here you’ll find all the resources you need to plan your business and get it off the ground. Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. 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. Generate part of the startup … 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. A construction company business plan encompasses many factors. We know that our selling points will be our excellent and timely delivery of construction projects using global best practices. But, with the help of a friend, I managed to do it and I’m so glad I did. Grow Your Business. We hope to achieve this feat within the first 10 years of launching the company. 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. 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. You create a plan, refine it, show it to other business leaders or mentors you trust, and make refinements along the way. 5. Approximately $59,500 additional funding is needed. 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. 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. 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. 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. They won’t lack construction contracts from both the government and the private sector. It should be stat heavy and discuss how you intend to manage your business’s … 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 ». 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. Another positive for Shannon Berg Construction Company is the fact that our Chief Executive Officer / President is a renowned Civil Engineer, he has robust experience in the construction industry and he has worked extensively as a senior project manager for one of the world’s leading construction companies. 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. However, the market in Houston is growing so fast that the demand is currently greater than supply. Jose McLaurin and his immediate family members. Price lists alongside the service descriptions … With this edge the company can underbid its rivals and achieve a low cost leadership role. This makes for a very attractive market for Fosse Commercial Contractors. He is the Executive Producer @JanellaTV and also doubles as the CEO, POJAS Properties Ltd. What are the Pros and Cons of Construction Manager at Risk, How to Deal With Passive Aggressive Employees in Construction Business, Duties of an Accountant in a Construction Company, 50 Types of Construction Equipment and Their Uses, How Much Money Do Construction Companies Make (Profit Margin), 10 Smart Tips on How to Organize your Construction Office, 20 Best Equipment Theft Protection Tips for Construction Companies, 10 Best Recruitment Strategies for Construction Companies, A Sample New Employees Orientation Checklist for Construction Companies, 14. 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. 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. Fosse has only a small amount of debt and intends to stay that way. Learn about the day-to-day activities of a construction contractor business owner, the typical target market, growth potential, startup … 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 also took it further by analyzing and drafting a sample construction marketing plan template backed up by actionable guerrilla marketing ideas for construction businesses. As such, the development of any country or city can be said to be the handiwork of construction companies and other stake holders. 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 major clients for construction companies are governments and the private sector. It explains your business goals and your strategy for reaching them. No doubt there is always enough construction contracts to go round as long as a construction company is competent and well positioned. Currently we have three major competitors within the Houston area. 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 … The narrative template is the body of the business plan. A construction company is a capital-intensive business. 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. 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. 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. These are TNT General Contractors, Texas Specialty Construction, and Polanski Construction. Below are the platforms we intend to leverage on to promote and advertise our property development business; Part of business strategy is to ensure that we work within the budget of our clients to deliver excellent and world class construction projects. Jose McLaurin® General Contracting Company, Inc. is a family business that will be owned and managed by Engr. So let’s proceed to the business planning section. Advertise our business in real estate/properties magazines and websites. … 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. The budget for Liability insurance, permits and license: $5,000. Can You Get a Business Loan With Bad Credit? Copyright © 2021 Profitable Venture Magazine LLC | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. After you complete the 11 worksheets, you will have a working business plan for your startup to show your SCORE mentor. Shannon Berg Construction Company will be owned by the principal partner; Engr. We will be concentrating on the customers that will provide us with the greatest margin, in other words those clients desiring office building construction. Starting a contracting business? With that, we will be able to map out strategies that will not only help us to survive in the industry but also to build a global construction brand. 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. Over and above, the success of a construction company to a larger extent depends on their relationship with the biggest clients in the industry; the government of any country. From our calculations, we are likely going to make a minimum of 30 percent profits after task from executing key construction projects. You … The financial plan is arguably the most important part of your construction company business plan. Well the fact that we are a new construction company could count as a weakness. We know that it will take different marketing and sales strategies to win small clients and bigger clients. Responsible for preparing bids for tenders, and reporting to clients, public agencies and planning bodies, Ensures that sites meet legal guidelines, and health and safety requirements, Assesses the environment impact and risks connected to projects, Responsible for judging whether projects are workable by assessing materials, costs and time requirements, Draws up blueprints, using Computer Aided Design (CAD) packages, Discussing requirements with the client and other professionals (e.g. Responsible for applying for planning permission and advice from governmental new building and legal department. 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. 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. 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. If you’re planning on starting a construction company, you’ve come to the right place. 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. Fosse maintains the highest standards of service in the commercial construction industry. 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. Our goal is to become one of the leading construction companies in Grand Rapids, Michigan and we know we can achieve this by ensuring that our sales and marketing team are delivering on set targets. Start your own business plan. How to Write a Business Plan for a SaaS Company. We expect to see increased profits from our market shift efforts by the end of Year 2. Our business concept, our mission and vision puts us at an advantage in the industry. How to Mitigate Risk With a Risk Burndown, 5 Online Business Courses to Consider Taking in 2021, See more articles in Managing a Business ». Calculate your startup costs It also includes market research to support your plans. 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. ... Start your own construction business plan. Start your own construction business plan. Central to these changes is the Washington State Department of … This necessary because some of these equipment are really expensive and it won’t be economical for us to acquire them from the start. The best way to establish your business as a professional operation … We are an international construction company and we work for our clients (governments and private sectors) in any part of the world. 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. 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. 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. 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. 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. 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. As a matter of fact, we are going to be known for delivering world class structures all over the globe. Shannon Berg Construction Company was established with the aim of maximizing profits through delivering quality and standard construction works for our highly esteemed clients. Our payment policy in Shannon Berg Construction Company is all inclusive because we are quite aware that different people prefer different payment options as it suits them, but at the same time, we will not accept payment by cash because of the volume of cash that will be involved in most of our transactions. Get this complete sample business plan as a free text document. Creativity, excellence and timely completion of construction projects will be our signature. Your business plan can look as polished and professional as this sample plan… It is our desire that all equity partners be limited partners. 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. Twin Brothers Construction is a start-up provider of construction and renovation services for commercial properties. Oversees the smooth running of the daily office activities. This is an excellent opportunity to gain market share and a defensible position in the industry. For the plan to be successful, listed services must have enough variety, specialty, and depth. Keep in mind that you will need funds to lease or … We have put all these factors in place before creating a workable marketing and sales strategy for Shannon Berg Construction Company. We estimate that we will be able to reduce marginal costs and increase overall profitability by Year 3 or Year 4 as we grow and take advantages of economies of scale. Test Your Idea First, How to Come up with Hundreds of Business Ideas. 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. 85 Startup Resources You Should Know About, Free SBA Course on Writing a Business Plan, Using Your Elevator Pitch To Build Your Business Strategy, From The Trenches - Real Stories, Real Pitches. 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. Shannon Berg Construction Company is fully aware that starting a construction business requires huge capital base, which is why we have perfected plans for steady flow of cash from private investors who are interested in working with us. Unlike in advanced economy, in developing countries and undeveloped world, there are loads of construction works to be done. One of the most important processes for winning a contract is the bid process. Shannon Berg who is the principal partner has well over 25 years of experience in the construction industry. 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 … Shannon Berg Construction Company will ensure that we build a team that will work together towards achieving the company’s vision. It is important that we know our strength, our weaknesses, and the opportunities that we can leverage on in the industry and the threats that we are likely going to be confronted with. Company is an entrepreneur, Real Estate Developer and Investor ; with top-notch. 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