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Building Construction Business Plan

3 March 2023 Businnes Plan


Building Construction Business Plan


Introduction

Concrete Installation LLC plans to become the leading provider of concrete formwork services in the area. This requires that Concrete Installation LLC has the most efficient and effective facilities, processes, people, and equipment. Concrete Installation invests in many different ways that will bring its customers competitive advantage.

The company’s overall strategy rests on the continuous improvement of its objectives, measuring their results, and providing feedback for further growth and progression.

Concrete Installation is a Oklahoma Limited Liability company with its principal offices in Sulphur. Concrete Installation’s management team is highly qualified and experienced. Mr. Barry Newman leads the management team with over ten years of experience in the construction industry.

Products/Services

Concrete Installation has developed innovative formwork solutions that can be used for the most difficult construction projects. Concrete Installation’s standard form systems can be adapted to many configurations including Y-walls and shafts.

The Concrete Installation system can be adapted to almost any construction requirement that calls for forming. The company’s skilled staff can design and manufacture any accessory or component that is required to complete the formwork package.

Utilizing structural contours construction techniques, systems, and equipment has resulted in substantial labor and material savings for owners, developers, contractors, general and subcontractors as well as construction managers and general contractors. There are many applications for structural contours construction methods, systems and equipment. These include residential and commercial structures, bridges and recreational projects, as well as civil and utility projects, environmental projects and other types of concrete construction.

The Market

For several years, the housing market has been growing at an accelerated pace. An all-time record was set in 1998, when 886,000 new-site single family homes were sold. That represented a 10% gain from the robust total of 804,000 homes sold in 1997, and an 8.1% rise from the prior record of 819,000 units in 1977. Single-family housing construction accounted for $48 million of the total $125 million generated in the industry. This presents a unique opportunity to expand Concrete Installation operations as well as gain market share in the primary market segment. The company also intends to lessen its focus on the residential or heavy construction market, which is also quite strong at the moment.

The company is aiming to quickly build marketing alliances, and sell its services to residential and business builders. Concrete Installation’s market strategy is to take advantage of its partnerships and secure city, county, state, federal and federal contracts.

Concrete Installation will use relationship selling, direct sales, and subcontractors in order to reach its customers. These channels offer the fastest time to market and lower capital requirements. They also have quick access to established distribution channels.

Financial Considerations

We expect the company to be profitable within its first year of operation. Although the initial cash expenditures for sales promotion are significant, the cash balance of the company is expected to be healthy. The company hopes to generate approximately 1.5million dollars in revenue by the end of Year 3.

1.1 Mission

The mission of Concrete Installation is to provide quality service at competitive pricing.


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