We will start with the local market, people, organizations and the government in Michigan, but we hope to spread our nets to clients from other states in the US and thereafter other countries of the world. 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. For a one-page plan, the answers to questions should be one or two sentences. 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. This is why, if you’re starting your own construction, architecture, or engineering firm, you’ll need a business plan to do it. 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. Ajaero Tony Martins is an Entrepreneur, Real Estate Developer and Investor; with a passion for sharing his knowledge with budding entrepreneurs. If you’re planning on starting a construction company, you’ve come to the right place. Our construction company will be known for working with smaller clients (various individuals) as well as working for bigger clients (various governments and organized private sector). Our Unique Selling Point; What Makes Our Construction Company Superior to Our Competitions. In essence, if a construction company wants to continue to secure construction jobs, then they must ensure that they deliver unique and world class jobs whenever they have the opportunity to carry out any construction job because that is perhaps one of the easiest means of marketing their construction business. Okay, so we have considered all the requirements for starting a construction company. It is normal for clients to think twice before awarding construction contracts to newbies in the industry. Can you comfortably recommend our construction company to your family members, friends and colleagues? Value can be define… 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. It provides a path forward for even the most technical projects to be streamlined, stable, and successful. Poor, Good or Excellent? What we aim to achieve from our market efforts are as follows: The construction business is one of the businesses that cannot be over hyped beyond what you can deliver. As a matter of fact, you can spend loads of money marketing your construction business, but if you don’t have standard construction jobs to show for it, you can hardly attract big – time clients. It is the practice for construction companies to hire experts and casual workers only when they have construction projects to execute. Managers must set a good example by following this Plan. 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. We want to build a first class construction company that will have active presence in North America, South America, Africa and Asia. Your potential customers are spending a major portion of their time on social-sites and internet surfing and it has become a mandatory to advertise your business online. So put on your marketing hat and let’s proceed. We've included brief descriptions of each template to guide you towards the best, most efficient way to use them. One very common business strategy is for larger firms to gain a stronghold in a growing market through aggressive M&A activity. 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. Here are the market goals we set as a construction company that is ready to compete with other leading construction company in the United States of America. It tells you, for example, that in four weeks from now you will need to complete the roofing for the office block you are building. The Construction Stage Health and Safety Plan is the primary management document for health and safety on site. Creativity, excellence and timely completion of construction projects will be our signature. 1 What Business Are You In? Currently, we have successfully equipped our head office; we have prepared all the necessary business / contract documents and have employed key employees that will be the pioneer staff of our construction company. 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. 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: Possible Ways We Intend Offering Incentives to Our Customers / Clients (Bonus, Discounts, etc). Are you satisfied with the quality and standard of the construction projects we have handled? It needs to undergo several processes and it also needs to consider a variety of quality standards and other measures to ensure that call-to-actions and strategies fit the requirements of the particular construction project. In this article, we will be analyzing and drafting a sample construction company marketing plan backed up by actionable guerrilla marketing ideas for construction companies. It's important to allocate some time, budget and resources for preparing a risk management plan and a business impact analysis. 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. But you need to come online because your customers are spending most of their time online. Promote our business on satellite TV stations and radio stations. 5. 1 He is sure going to bring is experience, expertise and network (connections) to make Shannon Berg Construction Company one of the leading construction brand in Grand Rapids, Michigan and also active player in the global construction market. If you own a construction company, can you enter into a strategic marketing alliance with us? Statisticians and experts in the construction industry suggests that about 40% of construction projects are now fast – track construction unlike what is obtainable before the 21st century. Do you want a solid structure to help develop your own plan? These are the threats that we are likely going to face as a newbie construction company in Grand Rapids, Michigan. A marketing plan should generally include strategies on how you will increase the growth of your business … 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. 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. When selecting and creating your financial objectives, consider what you’re trying to accomplish financially within the time span of your strategic plan. Strategic Marketing Alliance with Our Competitors in the Construction Industry, 14. As far back as 2005, there are about 667,000 registered construction firms in the United States and employing 1 million contractors and the average contractor employed by these companies in no fewer than 10 employees. In general, the construction industry in the United States of America employed an estimated 5.8 million people in April, 2013 and about 828,000 women were employed in the construction industry in 2011. As a matter of fact, we are going to be known for delivering world class structures all over the globe. Below are the platforms we intend to leverage on to promote and advertise our construction company’s brand; 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. There’s no doubt that there a lot of tasks that have to be seen to and completed, and you’ll want to point out what all of them are in your project plan. Strategy is more than simply achieving business goals. Sample Business Plan for Acme Management Technology 1.0 Executive Summary By focusing on its strengths, its key customers , and the company's underlying core values, Acme Management Technology will increase sales to more than $10 million in three years, while also improving the gross margin on sales and cash management and working capital . 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. BUSINESS PLAN FOR THE SMALL CONSTRUCTION FIRM Management and Planning Series TABLE OF CONTENTS INTRODUCTION A Note on Using This Publication 1 What's in This for You? We’ve assembled a handful of sample strategic plans. Construction Company Profile Sample free download and preview, download free printable template samples in PDF, Word and Excel formats 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. Here are the platforms we intend leveraging on when it comes to advertising and promoting our construction company in the market place; Low Cost Ways We Intend to Advertise / Promote Our Construction Company on the Internet. Place adverts on both print (newspapers and real estate magazines) and electronic (radio and TV) media platforms, Attend local and intentional real estate fairs / expos, Place our bill boards in strategic locations, Leverage on the internet and social media platforms like; Instagram, Flickr, Fotolog, Pinterest, Shutterfly, Tumblr, WordPress, Facebook, twitter, YouTube, Google+, and Snapchat to promote our construction company’s brand, Design an interactive corporate website and we will make use the platform to promote our construction company, Engage in blogging and make use of the platform to promote our construction company, Leverage on email marketing strategy to advertise and promote our property construction company. 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). Make use of effective customer relationship management (CRM) software to effectively manage our clientele base. Our business offering are listed below; Our vision is to build a first class construction company that will have active presence in North America, South America, Africa and Asia. The industry can’t be said to be oversaturated simply because there are different areas a construction company can specialize in and if you are good with what you do, then you won’t struggle much to continue to attract clients. It is on record that in the United States of America, the construction industry in 2014 generated around $960 billion in annual revenue according to statistics tracked by the Census Bureau. Our Head Office is located in Grand Rapids, Michigan, but we have plans to open our branches in one or two countries in all the continents of the world and we intend achieving this within the first 10 years of operations. George Hedley November 18, 2020 How would you want us to communicate to you when we want to pass useful information about our business that will be of great benefit to you or someone you know (i.e. 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. Check out our free construction and engineering sample business plans, follow our checklists and starting guides, and you’ll be up and running in no time. Have you ever seen any of the construction projects we have handled before? If we are to give out any incentive to our clients, it is to give them gifts / hampers during special occasions such as Christmas, New Year, Independence celebrations, Thanksgiving and Esther celebrations et al. Home » Business ideas » Construction & Engineering Industry » Construction Business ». Examples of strategic goals for this perspective include: 1. Your risk management plan should detail your strategy for dealing with risks specific to your business. As a matter of fact, we will work pretty hard to always supersede the expectation of our clients. What Factors Should You Consider When Comparing Franchise Opportunities? If you have ever seen any of the construction jobs we have handled before, what is your assessment? You can create a construction safety plan template, a safety plan template for students, a health and safety plan template, a business safety plan template depending on what the situation calls for. We also took it further by providing an in-depth sample construction company business plan template. Fosse maintains the highest standards of service in the commercial construction industry. Ensures that we carry our customers along when making decisions that directly affect them. 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. This is How to Build Remote Work into Your Startup Business Plan, How to Write a Business Plan for a SaaS Company, How to Create an Accurate Restaurant Sales Forecast in 2020, 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 ». This template provides a business plan outline with sample questions, tables, and a working table of contents. A business plan is a written document that describes your business. 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 will ensure that we have an online catalogue of all the construction projects that we have handled; this will give our potential clients the opportunity to have a view of what we are capable of doing and the king of construction jobs that we are known for. Employee participation in business meetings, conferences or events are suspended. Emergency Action Plan (Template) EMERGENCY ACTION PLAN for Facility Name: ... UTILITY COMPANY EMERGENCY CONTACTS (Specify name of the company, phone number and point of contact) ... away from the coast and plan to stay, secure the building, moving … 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. Do you run a construction company and want to promote it? This is why, if you’re starting your own construction, architecture, or engineering firm, you’ll need a business plan to do it. Creative Marketing Ideas Specific to Our Construction Company, 10 Pros and Cons of Owning a Vending Machine Business. 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. India, the United States, China, Japan, France, Germany and The united kingdom are some of the countries that have the largest construction output in their economy in 2015. It covers objectives, strategies, sales, marketing and financial forecasts. Easily write a business plan, secure funding, and gain insights. All managers, supervisors, and the COVID-19 Safety Plan Lead must be familiar with this plan and be ready to answer questions from workers. From our calculations, we are likely going to make a minimum of 30 percent profits after task from executing key construction projects. Our market goal is geared towards helping us to consistently achieve sales growth, regularly acquire new customers, do all we can to retain our old customers and of course create brand awareness for our construction company. Business Property Inspection Business Plan, Solar Water Heater Distributor Business Plan. Think of the Fortune 500 firm that buys out a competitor, or when a larger firm merges with a competitor to corner a young market.Example: Facebook’s Instagram acquisitionIn April 2012, Facebook changed the mobile startup scene overnight by acquiring the photo sharing startup, Instagram, for a… when we have property for sale, lease or rent et al)? All our publicity materials and jingles are done by some of the best hands in the industry. 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. This framework forms part of your project business plan - and is a key part of maintaining a strong reputation for quality and For us, it is indeed part of the competitive advantage that we are bringing to the market. 1 Why Are You in Business? In as much as we are going to set aside a reasonable marketing budget for our construction business, we will also ensure that we start small and build competence and pedigree. Others are just examples. Public facility construction (hospitals, schools, shopping malls, office complexes and industrial facilities et al), Construction Consultancy and Advisory Services, Construct at least 2 office complex (3 story building each) within the first 12 months of operation, Construct at least one estate within the first 24 months of operations, Construct at least 20 kilometers of road within the first 24 months of operations, Construct at least 10 bridges / flyovers with the first 12 months of operations, Construct at least 2 standard dams within the first 24 months of operations, Construct a minimum of 1 airport and 10 helipads within the first 5 years of operations, Construct a minimum of 20 public facilities (hospitals, schools, shopping malls, office complexes and industrial facilities et al) within the first 24 months of operations, Provide construction related advisory and consultancy services for a minimum of 1 client per month, To be listed among the top 5 construction companies in the United States of America (within a 10 years benchmark), To be listed among the top 50 construction companies in the world (within a 20 years benchmark0. 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? Okay, so we have considered all the requirements for starting a construction company.We also took it further by providing an in-depth sample construction company business plan template. As a matter of fact, everyone under our employment is currently undergoing training so as to fit in perfectly into the roles they are to occupy and also to fit into the company’s overall vision. No doubt, the construction industry is a major employer of labor in the United States of America and in most countries of the world. This is the section of the construction plan where you’ll need to go into a lot of detail. Types of risk vary from business to business, but preparing a risk management plan involves a common process. We will also open channels (email, sms portal, phone and mail address) where our clients can lodge their complaints if they have any. The possible ways we intend offering incentives to our clients as a construction company is not to give them discount or bonus since giving out discount or bonus is not suitable for the kind of business we run. One-Page Business Plan Template for a Product Business This template is suitable for businesses that sell products, such as food services, beauty products, and bike shops. 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. The construction industry is one industry that is growing despite the fact that the industry has been around right from the early days when people set out to build the tower of Babel. Advertise our business in real estate / properties magazines and websites. 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. Going forward, we will budget between 5 percent and 15 percent of our annual income towards marketing and promoting of Construction Company in the United States of America and also in the international market. It contains the same templates and information you see here but with additional guidance to build the perfect plan. It defines what the business needs to do to reach its goals, which can help guide the decision-making process for hiring and resource allocation. Through letters, text messages, e – mail, or via mobile apps (BBM, twitter, 2Go, WeChat, WhatsApp et al). Can You Get a Business Loan With Bad Credit? This is especially from the Federal government of the United States of America and of course corporations and governments from all across the world. Below is a list of the people and organizations that we have specifically design our construction services for; 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. Here are they ways we intending leveraging on the internet to advertise / promote our construction company: If at all there are any creative marketing ideas that are specific to the construction business, it will definitely be the construction projects they have handled in time past. All Rights Reserved | see About us | Contact us | Contact us | Contact us | us! You see here but with additional guidance to build a first class construction company that can effectively handle the and... 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