Commercial Contractor Business Plan
Twin Brothers Construction plans to be the leading provider of local renovation and construction services. The company’s overall strategy will focus on continuous improvement, which includes setting goals, measuring results, and giving feedback to encourage growth and progress.
TBC is a company that has its principal offices in the local region. The management team at TBC is experienced and qualified. The brothers who will manage the company have accumulated more than 25 years of experience in construction.
Products/Services
TBC’, the owners, have developed advanced bidding, scheduling, materials and other solutions over many years of construction experience. The company can adapt to a variety building configurations using flexible and flexible methods.
Construction managers, owners, developers, general contractors, subcontractors and other personnel are expected to see significant savings in labor costs and material costs when they use the company’s building methods and systems. These applications can be used for residential and commercial structures.
The Market
Since 1998, the housing market has grown at an accelerated pace. 1998 was a record year for the number of single-family homes sold on site. That represented a 10% gain from the robust total of 804,000 homes sold in 1997. This is a great opportunity to expand the industry, even though there was a slight decline in 2003.
Twin Brothers Construction is looking to quickly develop partnerships with industry leaders to increase sales and market its services to residential and business builders. The marketing strategy will concentrate on securing government contracts in cities, counties, states, and federally.
TBC plans on using a direct selling force, relationship-selling, and subcontractors for its target markets. These channels are best because they have a quicker time to market and lower capital requirements. They also provide access to established distribution channels quickly.
Financial Considerations
We anticipate that we will reach break-even within the second half of the year. Although the initial cash expenditures were significant to promote sales, the cash account of the company is expected to be healthy. The company projects that it will generate approximately $772,000 in sales revenue, and make reasonable net profits by the end of Year 3.
1.1 Mission
Our mission is being the best partner for customers, suppliers, employees. To realize our vision, we will strive for profitable growth, operational excellence, customer satisfaction and strong brand positioning.
1.2 Objectives
- To have up to three construction projects established within the first year.
- To have two building restoration projects underway by the end in the first one year.
- Our first rental building to be purchased by the end the first year.
- To earn at least 7 percent profit by the end of the second year.
1.3 Keys to Success
We believe our keys to success will be:
- We only use the most modern materials and equipment to guarantee quality construction projects.
- Educating the customer and providing valuable advice during the building planning stages.
- Supporting customer research in specific markets or sectors.
- Supervise the logistics of a project. This can include booking local transportation, scheduling meetings, and so on.
- The actual work is delegated to qualified and experienced third-party contractors or sub-contractors.