Building Construction Business Plan
Concrete Installation LLC aims to be the top provider of concrete formwork services in the area. This requires having the best facilities, processes, and people. To achieve this, Concrete Installation is investing in various ways that will give its customers a competitive advantage.
The company’s strategy is centered on a continuous improvement process of setting goals, measuring results, and providing feedback for further growth and progress.
Concrete Installation is an Oklahoma Limited Liability company based in Sulphur, Oklahoma. The management team, led by Mr. Barry Newman, has over ten years of experience in the construction industry.
Products/Services
Concrete Installation has developed advanced formwork solutions for complex construction projects. The company’s standard form systems are versatile and adaptable to various configurations, such as Y-walls, shafts, and circular walls.
The Concrete Installation system can be customized to meet any formwork requirement. The expert staff has the capability to design and manufacture custom components or accessories.
Owners, developers, construction managers, general contractors, and concrete subcontractors have achieved significant labor and material cost savings by using the company’s 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 all types of concrete construction.
The Market
The housing industry has been thriving in recent years. In 1998, a record 886,000 new-site single-family homes were sold, representing a 10% increase from the previous year. Single-family housing construction accounted for $48 million of the total $125 million generated in the industry. This presents an excellent opportunity for Concrete Installation to expand its operations and gain market share. The company also plans to target the residential and heavy construction industry, which is currently robust.
Concrete Installation plans to form marketing alliances with industry leaders and target new sales to residential and commercial builders. The company will also pursue contracts with city, county, state, and federal government entities.
To reach its markets, Concrete Installation will utilize a direct sales force, relationship selling, and subcontractors. These channels offer shorter time to market, reduced capital requirements, and access to established distribution channels.
Financial Considerations
The company expects to achieve profitability within the first year of operations. Despite initial cash outlays to promote sales, Concrete Installation’s cash account is projected to remain healthy. By Year 3, the company anticipates revenue of approximately 1.5 million dollars.
Mission
The mission of Concrete Installation is to provide quality service at competitive pricing.
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