Building Construction Business Plan

Introduction

Concrete Installation LLC plans to become the leading provider of concrete formwork services in the area. This means always having the best and most efficient facilities, processes, and people. Concrete Installation makes investments that will give its customers competitive advantages.

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. Barry Newman, who has more than ten years experience in construction, heads the management team.

Products/Services

Concrete Installation has created sophisticated formwork solutions to some of today’s most challenging construction projects. Concrete Installation’s standard systems are flexible and adaptable to a variety configurations, such as Y walls, shafts and circular wall configurations.

Concrete Installation can be tailored to any construction need that calls for forming. The company’s expert staff has the capability to design and manufacture any custom component or accessory item that may be required to complete the formwork package.

Owners, developers, construction managers, general contractors, and concrete subcontractors have realized substantial savings in labor and material costs by using structural contours construction methods, systems and equipment. Applications include commercial and residential structures, bridges, educational projects, recreational projects, civil projects, tunnels, utility projects, environmental projects, and virtually every other type of concrete construction.

The Market

The housing industry has experienced a rapid pace over several years. In 1998, 886,000 single-family houses on new-site were sold. This was an all time record. 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. From the $125 billion in total industry revenues, $48million was spent on single-family residential construction. This makes for an excellent opportunity to expand Concrete Installation operations and gain significant market share in its primary target market segment. The company will also be focusing less on the residential construction and heavy construction industries, which are both very strong at the moment.

The company will quickly form marketing alliances with industry leaders to increase sales and expand its services to commercial and residential builders. Concrete Installation plans to capitalise on its alliances and secure contracts from the federal, state, city and county governments.

Concrete Installation plans to use direct sales, relationship selling and subcontractors to reach the markets. 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 to be profitable during the first year of operations. Although the initial cash expenditures for sales promotion are significant, the cash balance of the company is expected to be healthy. The company expects to earn approximately 1.5 million dollars in revenue by Year 3.

1.1 Mission

Concrete Installation’s mission is to offer quality service at a competitive price.