![business plan of building construction PlanBuildr Logo](https://planbuildr.com/wp-content/uploads/2020/01/PlanBuildr-Logo-1.png)
![](http://writinghelp.online/777/templates/cheerup/res/banner1.gif)
Construction Business Plan Template
Written by Dave Lavinsky
Construction Business Plan
You’ve come to the right place to create your construction business plan.
We have helped over 100,000 entrepreneurs and business owners create business plans and many have used them to start or grow their construction companies.
Sample Construction Business Plan Outline
Below is a construction business plan example to help you create each section of your own construction business plan:
Executive Summary
Business overview.
VB Residential Construction Company is a startup construction company located in Milwaukee, Wisconsin. The company is founded by two cousins, Victor Martinez and Ben Schmidt. Together they have over 20 years of experience in constructing homes from design concept, remodeling and renovating homes. They are highly skilled in all aspects of construction and have garnered a positive reputation in the local construction community for their ethical practices and competitive skill set. Now that Victor and Ben have an extensive network of clients and contacts, they have decided to begin their own residential construction company.
Product Offering
The following are the services that VB Residential Construction Company will provide:
- Custom home building/design build
- Home remodeling and renovation
- Project Management
- Kitchen and bath construction
Customer Focus
VB Residential Construction Company will target those individuals and industry professionals requiring home construction services in Milwaukee, Wisconsin. Those individuals are landowners looking to develop homes on their lots, architects who have clients needing homes built, developers who have the vision but need a company to make it a reality, and households needing home remodeling services.
Management Team
VB Residential Construction Company will be led by Victor Martinez and Ben Schmidt. Together they have over twenty years of construction experience, primarily in residential builds, remodeling, and renovation. They both started at a young age working and learning from their fathers. When they graduated from high school, their fathers got them jobs at the construction company they were employed at. The four family members worked together for ten years at the construction company. The fathers recently decided they were going to retire from the industry which prompted Victor and Ben to branch out on their own and start their own residential construction company.
Success Factors
VB Residential Construction Company will be able to achieve success by offering the following competitive advantages:
- Friendly and knowledgeable contractors who are able to take any project from concept to reality.
- Unbeatable pricing – Clients will receive the best pricing in town for services on any project while maintaining the best quality and customer satisfaction.
Financial Highlights
VB Residential Construction Company is seeking $200,000 in debt financing to launch its construction business. The funding will be dedicated towards securing a small office space, purchasing two trucks, and purchasing all the construction equipment and supplies. Funding will also be dedicated towards the advertising agency and three months of overhead costs to include payroll of the staff, rent, working capital, and monthly fees to the accounting and human resources firm. The breakout of the funding is below:
- Trucks: $40,000
- Construction equipment, supplies, and materials: $100,000
- Advertising agency in charge of promotions: $10,000
- Three months of overhead expenses (rent, payroll, HR and accounting firms): $40,000
- Working capital: $10,000
![business plan of building construction financial projection construction business](https://planbuildr.com/wp-content/uploads/2021/03/construction-financials-740x433.png)
Company Overview
Who is vb residential construction company.
VB Residential Construction Company is a newly established contracting company located in Milwaukee, Wisconsin. Founded by cousins, Victor Martinez and Ben Schmidt, they have over 20 years experience in the construction industry. VB specializes in residential remodeling, kitchen and bath construction, as well as custom home building. VB Residential Construction Company also offers residential design, construction, and project management services. VB prides itself in delivering a level of expert craftsmanship to fulfill the vision for the client while exceeding expectations at exceptional value.
Company History
VB comes from the initials of the owners, Victor Martinez and Ben Schmidt, two cousins who have been working in the construction industry most of their lives. Both of their fathers spent decades as contractors and raised their sons working and learning the construction trade. The four have been working for another residential contractor in Milwaukee and have built and remodeled numerous homes for multiple builders and clients. Now that both of their fathers are retiring from the construction industry, Victor and Ben have decided to start their own residential construction company and use their years of experience, expertise, and contacts to be an independent residential contractor.
Since incorporation, VB Residential Construction Company has achieved the following milestones:
- Registered VB Residential Construction Company, LLC to transact business in the state of Wisconsin.
- Located a small office space to have a physical address for the company as well as a receptionist.
- Reached out to their numerous contacts to include real estate agents, developers, architects, and landowners to advise them on their upcoming construction company in order to start getting construction contracts.
- Began pricing out costs for trucks and necessary construction equipment.
- Began recruiting a team of contractors that cover different areas of construction to include mechanical, plumbing, electricians, and roofing.
The following will be the services VB Residential Construction Company will provide:
Industry Analysis
Revenue for the Construction industry is expected to continue growing over the five years as demand for new housing expands. Revenues are expected to reach $107 billion.
Relatively low interest rates, coupled with rising per capita disposable income, is expected to support individual investment in new homes, providing an opportunity for industry revenue growth over the next five years.
Per capita disposable income is expected to rise steadily over the next five years, while concurrently, unemployment will drop, proving favorable conditions for industry growth.
Housing starts are expected to rise an annualized 2.9% and this growth is projected to stem partly from forward-looking consumers that choose to purchase homes while interest rates are low. Relatively low housing stock and relatively low interest rates are expected to lead demand for industry services to increase over the next five years.
Customer Analysis
Demographic profile of target market.
The precise demographics for Milwaukee, Wisconsin are:
Total | Percent | |
---|---|---|
Total population | 590,157 | 100% |
Male | 284,873 | 48.30% |
Female | 305,284 | 51.70% |
Under 5 years | 41,749 | 7.10% |
5 to 9 years | 43,509 | 7.40% |
10 to 14 years | 41,324 | 7.00% |
15 to 19 years | 43,301 | 7.30% |
20 to 24 years | 48,119 | 8.20% |
25 to 34 years | 106,407 | 18.00% |
35 to 44 years | 73,788 | 12.50% |
45 to 54 years | 64,669 | 11.00% |
55 to 59 years | 35,109 | 5.90% |
60 to 64 years | 27,995 | 4.70% |
65 to 74 years | 39,539 | 6.70% |
75 to 84 years | 17,394 | 2.90% |
85 years and over | 7,254 | 1.20% |
Total housing units | 260,024 | 100% |
Households | Families | Married Couples | Nonfamily Households | |
---|---|---|---|---|
Total | 7,510 | 5,081 | 4,210 | 2,429 |
Income Breakdown | ||||
Less than $10,000 | 8.6% | 6.1% | 3.8% | 15.0% |
$10,000 to $14,999 | 6.2% | 1.7% | 1.4% | 14.9% |
$15,000 to $24,999 | 12.6% | 8.5% | 7.6% | 21.9% |
$25,000 to $34,999 | 13.9% | 11.8% | 10.6% | 18.8% |
$35,000 to $49,999 | 14.5% | 15.6% | 15.1% | 12.0% |
$50,000 to $74,999 | 21.2% | 26.1% | 26.8% | 11.1% |
$75,000 to $99,999 | 9.9% | 12.0% | 14.0% | 4.1% |
$100,000 to $149,999 | 8.9% | 12.3% | 13.7% | 1.5% |
$150,000 to $199,999 | 2.6% | 3.9% | 4.4% | 0.0% |
$200,000 or more | 1.6% | 2.1% | 2.5% | 0.7% |
Customer Segmentation
VB Residential Construction Company will primarily target the following customer profiles:
- Households in search of home remodeling services
- Landowners who would like to build homes on their lots
- Architects who have clients that need home building or remodeling services
- Developers who have already partnered with landowners and/or architects and are in search of a residential contractor
Competitive Analysis
Direct and indirect competitors.
VB Residential Construction Company will face competition from other companies with similar business profiles. A description of each competitor company is below.
JM Remodeling
JM Remodeling has been in business in Milwaukee, Wisconsin since 1990. They are a full-service design and build company. JM Remodeling specializes in residential and commercial restoration and renovation including custom carpentry, kitchens, bathrooms, roofing, siding, dormers, additions, home gyms, home offices, porches and decks, and mechanical services. JM Remodeling carries a staff of plumbers, electricians, journeymen carpenters, restoration specialists, roofers, siders, sheet metal workers, and expert estimators. JM Remodeling also has an apprenticeship program to train employees within the company. They are licensed, bonded and insured and also part of the National Association of Remodeling Industry (NARI). JM Remodeling also provides warranties on all their services. The work is guaranteed by labor warranties, factory warranties, and extended warranties.
Cream City Construction
Cream City Construction has more than 50 years experience in home design, remodeling and renovation in the Greater Milwaukee area and Southeastern Wisconsin. The home remodeling services they provide are additions, whole house remodeling, kitchens, bathrooms, lower levels, master suites and historic renovations. Cream City Construction is a design build company that works with the client to create the design plans, generate project costs, and build the project.
Cream City Construction is owned and managed by Todd Badovski and Jim Grote. Together they have decades of experience and have spent years refining the skills required to run a high end, quality driven remodeling company. The majority of their projects come from repeat business or referrals from clients delighted with their previous service. Cream City Construction is also a member of the National Association of Remodeling Industry (NARI) as well as the Historic Milwaukee Incorporated.
Sazama Design Build Remodel, LLC
Former restaurant owner Don Sazama established Sazama Design Build Remodel, LLC in 1987 after becoming a Master Carpenter. He wanted to merge his passions of business and design and expand his skills in carpentry and architecture. Don’s firm has completed over 700 homes and won 11 awards from the Milwaukee Home and Living magazine. Sazama Design Build Remodel builds homes that are modern and luxurious and have completed many large remodels of bathroom and kitchen renovations. Sazama likes to collaborate with firms such as Ivy Interiors and an award-winning landscape designer, Gingko Leaf Studio. Sazama Design Build Remodel can build and design all aspects of a home – from a home office, outdoor entertaining area, serene spas, and inviting kitchens. The team at Sazama is able to do a historic renovation, build or renovate into something modern and posh, or keep it traditional.
Competitive Advantage
VB Residential Construction Company will be able to offer the following advantages over their competition:
Marketing Plan
Brand & value proposition.
VB Residential Construction Company will offer the unique value proposition to its clientele:
- Highly trusted and professional contractors with over 20 years of experience remodeling, renovating, and building homes.
- Unbeatable pricing to its clients – VB Residential Construction Company does not mark up its services at a large percentage. They will offer the lowest prices in town.
Promotions Strategy
The promotions strategy for VB Residential Construction Company is as follows:
Word of Mouth/Referrals
Victor and Ben have built up an extensive list of contacts over the years providing home construction services for numerous highly satisfied clients. Most of the clients are repeat customers and have also referred them to other associates for home projects. These referrals and repeat customers are very likely to use VB Residential Construction Company instead of the previous construction company Victor and Ben were employed at.
Professional Associations and Networking
VB Residential Construction Company will become a member of construction and professional associations such as the National Association of Remodeling Industry (NARI) and the Milwaukee Chamber of Commerce. VB will also become a member in associations where other builders, developers, and architects are a part of. They will focus their networking efforts on expanding their client network.
Print Advertising/Billboard
VB Residential Construction Company will invest in professionally designed print ads to display in programs or flyers at industry networking events. They will also invest in two billboards to display in highly trafficked areas of town.
Website/SEO Marketing
VB Residential Construction Company will utilize the same advertising company that designed their print ads and billboards to also design their website. The website will be well organized, informative, and list all their services that VB is able to provide. The website will also list their contact information and a gallery of pictures that show their previous projects. The advertising company will also manage VB’s website presence with SEO marketing tactics so that anytime someone types in the Google or Bing search engine “Milwaukee residential contractor”, “contractor near me”, or “residential contractor near me”, VB Residential Construction Company will be listed at the top of the search results.
The pricing of VB Residential Construction Company will be moderate and on par with competitors so customers feel they receive value when purchasing their services.
Operations Plan
The following will be the operations plan for VB Residential Construction Company.
Operation Functions:
- Victor Martinez and Ben Schmidt will be the owners and managers of the company. They will oversee all staff, contractors, and subcontractors. They will also act as project managers for every job they receive and handle all pricing and bids to the client.
- Victor and Ben will employ a team of contractors under them that will have an array of skill sets. The contractors will be trained and experienced either in plumbing, mechanical, electrical, roofing, or siding. Not all contractors need to be certified in all trades, but they need to be certified in at least one of the trades.
- Office manager/assistant to be located at the small office. This person will handle all incoming calls, assist with visiting clients, bookkeeping and maintain files.
- Victor and Ben will utilize a third-party human resources company to handle all hiring, onboarding, payroll, and benefits for the staff. The HR company will also handle all employee issues.
- Victor and Ben will also pay a third-party accounting firm to manage all the high level accounting and tax payments.
Milestones:
VB Residential Construction Company will have the following milestones complete in the next six months.
3/1/202X – Finalize contract to lease small office space
3/15/202X – Execute advertising agency contract 4/1/202X – Begin networking and placing bids for construction jobs
5/1/202X – Begin recruiting and hiring team of contractors
5/15/202X – Purchase all necessary construction equipment, supplies, and trucks
6/1/202X – Start on first official job as VB Residential Construction Company
Victor and Ben are highly skilled at project management and residential construction. They are also both certified in plumbing, electrical, and mechanical. In the next few years, they will be certified as Master Carpenters.
Financial Plan
Key revenue & costs.
The revenue drivers for VB Residential Construction Company are the upcharge they will charge to the clients for their services. VB will purchase or subcontract a service at cost and will charge a 15% markup in order to obtain the markup fee. 15% is below the normal 25%-30% that other competing residential contractors charge.
The cost drivers will be the overhead costs required in order to maintain a construction company. The expenses will be the costs to purchase and maintain construction equipment and trucks, payroll and overhead costs for the staff, and rent and utilities. Other expenses will be the cost for the advertising agency, accounting firm, human resources firm, and membership association fees.
Funding Requirements and Use of Funds
VB Residential Construction Company is seeking $200,000 in debt financing to launch its construction business. The funding will be dedicated towards securing a small office space, purchasing two trucks, and purchasing all the construction equipment and supplies. Funding will also be dedicated towards the advertising agency and three months of overhead costs to include payroll of the staff, rent, and monthly fees to the accounting and human resources firm. The breakout of the funding is below:
Key Assumptions
The following outlines the key assumptions required in order to achieve the revenue and cost numbers in the financials and in order to pay off the startup business loan.
- Initial Monthly Average Contract Amount: $20,000
- Growth in Average Monthly Contracts: 10%
Financial Projections
Income statement.
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
Revenues | ||||||
Total Revenues | $360,000 | $793,728 | $875,006 | $964,606 | $1,063,382 | |
Expenses & Costs | ||||||
Cost of goods sold | $64,800 | $142,871 | $157,501 | $173,629 | $191,409 | |
Lease | $50,000 | $51,250 | $52,531 | $53,845 | $55,191 | |
Marketing | $10,000 | $8,000 | $8,000 | $8,000 | $8,000 | |
Salaries | $157,015 | $214,030 | $235,968 | $247,766 | $260,155 | |
Initial expenditure | $10,000 | $0 | $0 | $0 | $0 | |
Total Expenses & Costs | $291,815 | $416,151 | $454,000 | $483,240 | $514,754 | |
EBITDA | $68,185 | $377,577 | $421,005 | $481,366 | $548,628 | |
Depreciation | $27,160 | $27,160 | $27,160 | $27,160 | $27,160 | |
EBIT | $41,025 | $350,417 | $393,845 | $454,206 | $521,468 | |
Interest | $23,462 | $20,529 | $17,596 | $14,664 | $11,731 | |
PRETAX INCOME | $17,563 | $329,888 | $376,249 | $439,543 | $509,737 | |
Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Use of Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Taxable Income | $17,563 | $329,888 | $376,249 | $439,543 | $509,737 | |
Income Tax Expense | $6,147 | $115,461 | $131,687 | $153,840 | $178,408 | |
NET INCOME | $11,416 | $214,427 | $244,562 | $285,703 | $331,329 |
Balance Sheet
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
ASSETS | ||||||
Cash | $154,257 | $348,760 | $573,195 | $838,550 | $1,149,286 | |
Accounts receivable | $0 | $0 | $0 | $0 | $0 | |
Inventory | $30,000 | $33,072 | $36,459 | $40,192 | $44,308 | |
Total Current Assets | $184,257 | $381,832 | $609,654 | $878,742 | $1,193,594 | |
Fixed assets | $180,950 | $180,950 | $180,950 | $180,950 | $180,950 | |
Depreciation | $27,160 | $54,320 | $81,480 | $108,640 | $135,800 | |
Net fixed assets | $153,790 | $126,630 | $99,470 | $72,310 | $45,150 | |
TOTAL ASSETS | $338,047 | $508,462 | $709,124 | $951,052 | $1,238,744 | |
LIABILITIES & EQUITY | ||||||
Debt | $315,831 | $270,713 | $225,594 | $180,475 | $135,356 | |
Accounts payable | $10,800 | $11,906 | $13,125 | $14,469 | $15,951 | |
Total Liability | $326,631 | $282,618 | $238,719 | $194,944 | $151,307 | |
Share Capital | $0 | $0 | $0 | $0 | $0 | |
Retained earnings | $11,416 | $225,843 | $470,405 | $756,108 | $1,087,437 | |
Total Equity | $11,416 | $225,843 | $470,405 | $756,108 | $1,087,437 | |
TOTAL LIABILITIES & EQUITY | $338,047 | $508,462 | $709,124 | $951,052 | $1,238,744 |
Cash Flow Statement
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
CASH FLOW FROM OPERATIONS | ||||||
Net Income (Loss) | $11,416 | $214,427 | $244,562 | $285,703 | $331,329 | |
Change in working capital | ($19,200) | ($1,966) | ($2,167) | ($2,389) | ($2,634) | |
Depreciation | $27,160 | $27,160 | $27,160 | $27,160 | $27,160 | |
Net Cash Flow from Operations | $19,376 | $239,621 | $269,554 | $310,473 | $355,855 | |
CASH FLOW FROM INVESTMENTS | ||||||
Investment | ($180,950) | $0 | $0 | $0 | $0 | |
Net Cash Flow from Investments | ($180,950) | $0 | $0 | $0 | $0 | |
CASH FLOW FROM FINANCING | ||||||
Cash from equity | $0 | $0 | $0 | $0 | $0 | |
Cash from debt | $315,831 | ($45,119) | ($45,119) | ($45,119) | ($45,119) | |
Net Cash Flow from Financing | $315,831 | ($45,119) | ($45,119) | ($45,119) | ($45,119) | |
Net Cash Flow | $154,257 | $194,502 | $224,436 | $265,355 | $310,736 | |
Cash at Beginning of Period | $0 | $154,257 | $348,760 | $573,195 | $838,550 | |
Cash at End of Period | $154,257 | $348,760 | $573,195 | $838,550 | $1,149,286 |
Construction Business Plan FAQs
What is a construction business plan.
A construction business plan is a plan to start and/or grow your construction business. Among other things, it outlines your business concept, identifies your target customers, presents your marketing plan and details your financial projections.
You can easily complete your construction business plan using our Construction Business Plan Template here .
What Are the Main Types of Construction Companies?
Construction companies can be classified according to the type of constructions that they perform. Some are small renovation contractors, others are new home builders and others are commercial construction companies.
What Are the Main Sources of Revenues and Expenses for a Construction Company?
Construction companies get their primary source of revenue from individual contracts for new homes, remodeling projects or commercial projects.
The key expenses for construction companies are office space rent, salaries and wages, and equipment costs.
How Do You Get Funding for Your Construction Business Plan?
There are many options for financing a construction company like SBA loans, commercial loans, personal loans, or line of credit. There are also equipment funding opportunities that cover expenses associated with necessary tools, machinery and other equipment. Personal savings, credit card financing and angel investors are also popular forms of funding.
What are the Steps To Start a Construction Business?
Starting a construction business can be an exciting endeavor. Having a clear roadmap of the steps to start a business will help you stay focused on your goals and get started faster.
1. Develop A Construction Business Plan - The first step in starting a business is to create a detailed construction business plan that outlines all aspects of the venture. This should include potential market size and target customers, the services or products you will offer, pricing strategies and a detailed financial forecast.
2. Choose Your Legal Structure - It's important to select an appropriate legal entity for your construction business. This could be a limited liability company (LLC), corporation, partnership, or sole proprietorship. Each type has its own benefits and drawbacks so it’s important to do research and choose wisely so that your construction business is in compliance with local laws.
3. Register Your Construction Business - Once you have chosen a legal structure, the next step is to register your construction business with the government or state where you’re operating from. This includes obtaining licenses and permits as required by federal, state, and local laws.
4. Identify Financing Options - It’s likely that you’ll need some capital to start your construction business, so take some time to identify what financing options are available such as bank loans, investor funding, grants, or crowdfunding platforms.
5. Choose a Location - Whether you plan on operating out of a physical location or not, you should always have an idea of where you’ll be based should it become necessary in the future as well as what kind of space would be suitable for your operations.
6. Hire Employees - There are several ways to find qualified employees including job boards like LinkedIn or Indeed as well as hiring agencies if needed – depending on what type of employees you need it might also be more effective to reach out directly through networking events.
7. Acquire Necessary Construction Equipment & Supplies - In order to start your construction business, you'll need to purchase all of the necessary equipment and supplies to run a successful operation.
8. Market & Promote Your Business - Once you have all the necessary pieces in place, it’s time to start promoting and marketing your construction business. This includes creating a website, utilizing social media platforms like Facebook or Twitter, and having an effective Search Engine Optimization (SEO) strategy. You should also consider traditional marketing techniques such as radio or print advertising.
Learn more about how to start a successful construction business:
- How to Start a Construction Business
Where Can I Get a Construction Business Plan PDF?
You can download our free construction business plan template PDF here . This is a sample construction business plan template you can use in PDF format.
Other Business Plan Templates
Food Truck Business Plan Template
Event Venue Business Plan Template
- Sample Business Plans
- Construction, Architecture & Engineering
Construction Company Business Plan
![business plan of building construction Executive summary image](https://static-web.upmetrics.co/wp-content/uploads/2022/07/First-Graphic-of-page-Cta-01.png)
Growing a construction company is much more difficult and taxing than completing projects.
From acquiring a new project to meeting deadlines, managing the budget, and many more things in between- you will find yourself drowning in responsibilities when you start a construction company.
A construction business plan can come to your rescue in such burdensome situations. If prepared well, it can become a reference point for your company as it continues to grow.
Confused about how to write a business plan?
Well, this article will serve you perfectly. It will help you understand the contents of the business plan and offer a sample template for your construction company.
So let’s build a solid construction company business plan with this detailed guide.
Let’s dive right in.
Why do you need a construction company business plan?
Apart from the fact that investors and banks would ask for a business plan when you seek funding, here are a few more reasons you need a business plan.
- A business plan offers a roadmap to your business. It acts as a guiding block that has answers to all your how, when, where, and what.
- It helps in determining the exact target market for your business and formulating strategies to cater accordingly.
- There are millions of construction companies competing in the industry. You can identify your strengths through a business plan and design a competitive edge to stand apart.
- A well-rounded plan prepares you for emergencies that may arise in your business by making a plan for every situation.
- A whole lot of business processes repeat every day. A business plan helps bring consistency by establishing SOPs for various business activities.
And of course, you get your desired funding with a solid business plan that vouches for the potential of your construction company.
Key components of a construction business plan
Writing a business plan gets much easier with a structurally defined flow. Well, let’s have a look at key components that a construction company business plan must have.
Executive Summary: A brief summary of an entire business plan that will encourage the readers to read further.
Company Overview: A brief company description including every detail from company structure to its mission statement and future goals.
Market Analysis: A thorough analysis of the construction industry and your target market. It also includes sections for competitor analysis, future market trends, and scope of growth.
Construction Services: Outline the construction services that your company will offer. Highlight any additional services that will make you a distinct player.
Marketing and Sales Strategy: It includes a strategic plan to achieve success through marketing and sales. Determine the best course of action for your business.
Management Team: Introduce key personnel in managerial and leadership roles. Discuss their roles, qualifications, experience, and expertise.
Operations Plan: A detailed plan that streamlines the everyday operations right from construction methods to hiring employees.
Financial Plan: A financial plan highlights the prominent figures and key reports of your construction company by making necessary financial projections.
Let’s dive further into these topics and get a detailed understanding of writing your business plan.
How to create a construction company business plan?
A poorly written plan serves no purpose. However, with this step-by-step guide on writing construction company business plan, you will uncover every detail that goes into making a fantastic and purpose-serving business plan.
1. Write an executive summary
The executive summary is a concise yet insightful description of your entire business plan.
This one-page document summarizes the most important questions that a reader might have and offers a peek into what they are about to uncover. Investors take a brief glance at your executive summary before deciding whether to proceed further or not.
An executive summary must outline the following details of your construction business in persuasive consecutive paragraphs.
- The exact business opportunity
- The target market
- The problem and the solution to it
- Products and services offered by you
- Market size and growth potential
- Financial highlights
- Management team
Maintain a personal storytelling tone while writing this section and encapsulate every minute detail that can make a difference.
But wait, don’t start writing yet. Write your executive summary only after you are done writing an entire plan. This will help you summarize effectively.
Say goodbye to boring templates
Build your business plan faster and easier with AI
Plans starting from $7/month
![business plan of building construction CTA Blue](https://static-web.upmetrics.co/wp-content/uploads/2023/08/25174319/ai-assistant-blog-image-1-282x240.png)
2. Prepare a company overview section
This section of a business plan will focus entirely on the details of your construction company.
From the type of construction company to the construction company’s goals- everything in this section is about your company description.
To begin with, highlight the type of construction business you will start. For instance, a residential construction company, general contracting company, industrial construction company, or specialty trade construction.
Clarify, if this will be a new business or an extension of existing business. If the business is already operating, offer a brief description of the business history.
After that, highlight the business structure of your construction company. Are you going to be a sole trader or start a limited liability company (LLC) or a limited partnership firm? The business structure you choose will decide how the finances and taxes will work in your business.
Now, this section is your chance to weave magical stories around your construction company. Present the mission statement, company’s objectives, and future goals over here.
For instance,
Mission statement : Syncore aims to become a trusted name for sustainable residential construction projects in Arizona by 2028. With our commitment to the highest quality standards, we will penetrate the market with our premium budgeted solutions.
Business goals :
- Onboarding and signing 15 construction projects in a span of 6 months.
- Generating revenue of $2 million by 2025.
Like this, you will write this entire section in parts by offering a brief overview of your construction business.
3. Conduct a competitive and market analysis
In this section of a business plan, you begin with industry analysis and then narrow it down to your particular market segment. This is important to show your potential investors that there are promising opportunities in this market.
Using market research practices determine the target market for your construction business. Create a buyer persona to identify what your ideal customer will look like.
Further, highlight your competitors in this competitive construction industry. Using SWOT analysis and PESTEL, determine the strengths and weaknesses of competing construction companies. In this section, you will also highlight your strengths to gain a competitive edge over existing players.
Don’t limit your market study to merely understanding the current scenarios. Extend the research and identify future trends and growth possibilities in your targeted market.
If you are a residential construction company focused on sustainable building practices, you must include the following details in your market analysis section.
- How large is the construction industry?
- What segment of the construction market will you capture?
- Who will avail of the construction services?
- What is the spending capacity of your target customers?
- Who are the top competing construction companies?
- What are the emerging trends in the industry and how will you leverage those?
- What is the growth potential of your target market?
Focus on quality market research as this will form the base of your further projections and strategies.
![business plan of building construction industry analysis construction company business plan](https://static-web.upmetrics.co/wp-content/uploads/2019/07/17105032/industry-analysis-construction-company-business-plan.png)
This screenshot of the construction business plan example highlights only the market size for HDFL construction. You can also include details like competitors analysis, growth potential, and market trends here.
4. Describe your construction service offerings
What construction services will you offer your potential clients?
Offer a detailed answer to this question, as you write a business plan section for service offerings.
Overall, this section should highlight every service offering that will bring you money. This could include services like,
- General contracting services
- Design and Engineering
- Construction
- Renovation and remodeling
- Project management
- Specialty services i.e. concrete work, HVAC installation, Roofing services
- Maintenance and repairs
Offer a brief understanding of these service offerings and highlight construction jobs you will specialize in. For instance, remodeling of kitchen and bathroom.
Now, will your construction company sell any construction materials for profit? If so, include details for that as well.
It’s important to consider the breadth of your service offerings to keep the customers coming back.
Overall, this section is your chance to prove to potential investors that your services can stand solid in the competitive construction industry.
5. Propose marketing and sales strategies
According to the IBIS world report , there are more than 3,787,470 construction businesses in the USA. Starting a construction company will add one more to this list, but hey- How do you wish to make a brand that your target audience can recall easily?
All the market assessment and understanding of your potential clients will come in handy at this stage as you make your marketing plan and sales strategies.
Take an opportunity to lay out your sales plan in this section. If you have existing customers, explain how you plan to retain them.
After you are done making your sales strategies, touch the marketing aspect.
Firstly, identify the way you want your brand to be recognized- as an ordinary construction firm, a luxury construction company, a sustainable solutions firm, or an affordable construction company. This will help you make a marketing plan.
Your marketing strategy should answer the following questions:
- Which marketing channels will you use- Online, offline, or a mix of both?
- How will you generate more leads?
- Online marketing methods- search engines, social media, Email marketing, content marketing, etc.
- If you are going to be utilizing social media platforms- which ones?
- How much will you budget for paid ads?
- Will you use billboards, pamphlets, and newspaper advertisements to market your business?
Keep in mind the marketing channels where you can find your potential customers. For instance, you are more likely to find conversions through Email campaigns than social media campaigns, if you are finding clients for commercial construction.
All in all, in this section you have to draw potential investors’ attention with your sales and marketing strategy.
6. Introduce your management team
Everyone is aware of the cutthroat competition in the construction industry. Knowing that you need an able team to transform your business plan into a successful venture.
After laying out your marketing strategy, it’s time to introduce the key management and leadership team to your business plan.
It’s okay to brag about the talented individuals you have in your company. From construction heads to project managers, highlight the achievements, experience, and expertise of these people and prove their asset-worthiness for your company.
Also, draw the hierarchical map to give potential investors an idea of your organizational structure.
This is your time to prove that you have both the means and manpower to run a successful company.
7. Outline your operational plan
You may know construction, but do you know how to run a construction business?
As someone said, “ Seamless operations are the silent engine of extraordinary business achievements”
Before even taking the first project, it’s important to define operations and SOPs for different business activities. Make it so thorough that it can act as a guidebook whenever a problem arises in your construction company.
As you write a business plan for this section, focus on answering the following questions:
- What construction materials will you use?
- What will be the supply chain process in your construction company?
- Who will oversee the project management on site?
- What will be the timeline for completing projects?
- What will be health and safety protocols for construction workers?
- What will be the process of construction work?
- How will the communication flow within an organization?
- What technologies and equipment will you use?
- How will you ensure quality work?
- How will you hire employees?
- What accounting software will you use?
This is just a general gist of questions that can help you prepare this section. Consider it as a living document that will undergo various changes as the business commences and grows.
A thorough operations plan will lay a clear groundwork for running a company. Moreover, it will instill investors’ faith in your ability to run a construction company.
8. Create a financial plan
Writing a sound financial plan is a challenge but nothing that your determined mind can’t handle.
Whether you plan to raise funds or get bank loans, you need a sound financial plan. Investors will analyze this section and only if they find your business financially viable, will they invest.
In this section, you will make financial projections and estimates for your construction company. This includes forecasting sales, estimating startup costs , projecting overhead costs, and making a pricing plan.
Using the startup costs projection, determine how much funding is essential to start your own construction company.
Also, prepare different reports like income statements, cash flow statements, balance sheets, and break-even analyses using the projections made earlier.
To make a financial plan more relevant, consider various progressive and aggressive situations.
Lastly, prepare graphs, charts, and diagrams to make this section visually appealing and easy to grasp.
Now, stop. Don’t start writing a financial plan yet. You need a financial forecasting tool from Upmetrics to help you with projections and calculations of cash flow, sales, revenue, and everything else. Simply enter the data and it will make detailed and precise calculations for you.
Trust us, you don’t want to scratch your heads writing the entire plan from ground level.
And that’s it! With all this information you pretty much know everything that a construction business plan must have.
Construction Industry Highlights 2023
Now that you are almost set to open a construction company, here are a few industry statistics that might interest you.
- Market size : The US construction market sector was valued at 1.8 trillion US dollars in 2022.
- Growth of the virtual construction market : The global BIM market is 7.9 billion US dollars . North America is projected to be a market leader capturing 30% of this market.
- Rise in prefabrication and modular construction : Healthcare facilities followed by hotels/motels and educational institutions are most likely to avail of modular construction facilities.
- Major concerns : The leading concerns encircling the construction industry are inflation and supply chain disruptions faced by nearly 90% of constructors.
- Sustainable and green building : There is a continuous increase in demand for sustainable and green building solutions. As for 2021, the green building market in the USA was reported to be approximately 83 billion dollars .
- Growing investment in smart cities : According to IDC, the investment in smart cities is expected to grow to 203 billion dollars by 2024.
From sustainability to tech-centric processes, the construction industry is making huge shifts in trends. Both, small businesses and large have to evolve according to changing times to keep themselves relevant.
The Quickest Way to turn a Business Idea into a Business Plan
Fill-in-the-blanks and automatic financials make it easy.
![business plan of building construction crossline](https://static-web.upmetrics.co/wp-content/uploads/2023/10/05124448/crossline.png)
Write your business plan with Upmetrics
A lot of us struggle when it comes to translating our ideas into a solid construction business plan. But not with Upmetrics.
Upmetrics is an intuitively designed business planning app with more than 400+ sample business plans . Our business planning tool features AI assistance that will transform your business writing process. Not only that, it allows you to design, collaborate, and share your business plan in real-time with your team.
So what are you waiting for?
Let’s Build your plan with our business plan builder.
Related Posts
![business plan of building construction Engineering Consulting Business Plan](https://static-web.upmetrics.co/wp-content/uploads/2023/08/25174306/engineering-consulting-business-plan-65x39.png)
Engineering Consulting Business Plan
![business plan of building construction Real Estate Development Business Plan](https://static-web.upmetrics.co/wp-content/uploads/2023/03/02092828/Real-Estate-Development-65x39.png)
Real Estate Development Business Plan
![business plan of building construction Best Sample Business Plans Example](https://static-web.upmetrics.co/wp-content/uploads/2022/07/02092532/asample-business-plans-288x240.png)
Best Sample Business Plans Example
![business plan of building construction Architecture Business Plan](https://static-web.upmetrics.co/wp-content/uploads/2023/07/19162756/Architecture-1-65x39.png)
Architecture Business Plan
![business plan of building construction Main Parts of a Business Plan](https://static-web.upmetrics.co/wp-content/uploads/2023/02/02110119/Banner-10-Essential-Components-of-a-Business-Plan-and-How-to-Write-Them.jpg)
Main Parts of a Business Plan
![business plan of building construction Table of Contents in Business Plan](https://static-web.upmetrics.co/wp-content/uploads/2021/07/11100549/business-plan-table-of-contents.jpg)
Table of Contents in Business Plan
Frequently asked questions, what kind of market research should i include in my construction business plan.
The market research for your construction business plan must include the following details:
- The market size of your targeted market, i.e. commercial construction, residential construction, etc.
- The target audience of your services and their buyers’ persona
- Top competing firms and companies offering similar services
- Emerging trends in your market
- Growth potential for your firm
Is a SWOT analysis necessary for a construction company business plan?
Absolutely yes. There are more than a billion construction companies in the USA itself. Starting another business won’t guarantee success unless you have a business that can withstand the dynamic competitive environment. SWOT analysis will make you aware of the company’s strengths, weaknesses, and the opportunities it can avail
What are the initial startup costs for a construction company?
It is possible to start a construction company with as little as $10,000. However, if you plan to set up a mid-sized construction company, expect to spend anywhere around $50,000-$250,000 on getting a basic setup. This includes accounting for licenses, insurance, office setup, construction materials, and payroll for the initial months.
Can I get government grants for a construction business?
Yes, you can apply for government grants to start your construction business. Check the local, federal, and state regulations to see which grants are applicable to your business. Check the eligibility and apply accordingly.
How often should I update my construction business plan?
A business plan is a living document that can guide you toward success if mapped properly. Ideally, you should update your business plan every 4-6 months to make it relevant. Set aside time to do so as a renewed plan will offer deep and meaningful insight into your business goals.
About the Author
![business plan of building construction business plan of building construction](https://static-web.upmetrics.co/wp-content/uploads/2023/10/30183709/upms-icon-copy-.jpg)
Upmetrics Team
Upmetrics is the #1 business planning software that helps entrepreneurs and business owners create investment-ready business plans using AI. We regularly share business planning insights on our blog. Check out the Upmetrics blog for such interesting reads. Read more
Plan your business in the shortest time possible
No Risk – Cancel at Any Time – 15 Day Money Back Guarantee
![business plan of building construction bpb AI Feature Image](https://static-web.upmetrics.co/wp-content/uploads/2023/09/14163154/bpb-AI-Feature-Image-768x641.png)
Create a great Business Plan with great price.
- 400+ Business plan templates & examples
- AI Assistance & step by step guidance
- 4.8 Star rating on Trustpilot
Streamline your business planning process with Upmetrics .
![business plan of building construction Download Construction Company Business Plan](https://static-web.upmetrics.co/wp-content/uploads/2023/10/12100247/business-plan-template.png)
![business plan of building construction Growthink logo white](https://www.growthink.com/wp-content/uploads/Logo-White-3.png)
Construction Business Plan Template
Construction company business plan template.
If you want to start a construction business or expand your current one, you need a business plan.
Over the past 20+ years, we have helped over 10,000 entrepreneurs and business owners create business plans to start and grow all types of construction businesses, including commercial construction, building construction and residential construction.
Construction Business Plan Outline: How To Write a Construction Business Plan
Below are links to each section of a construction business plan:
- Executive Summary – The executive summary is the most important part of your business plan. It’s where you explain what your business is and why it will be successful.
- Company Overview – This section of your construction business plan should include a brief business description, your vision and mission statement, and the company’s core values.
- Industry Analysis – This section of your plan will provide an overview of the construction industry, including market size, growth outlook, major players, and competitive landscape.
- Customer Analysis – In this section of your plan, you will identify and describe your target market(s).
- Competitive Analysis – In this section, you will analyze your competitors and explain how you plan to differentiate your company from them.
- Marketing Plan – Your marketing plan should include an overview of your marketing goals, strategies, and tactics.
- Operations Plan – Your operations plan should describe how you will produce your product or service, as well as the people and resources needed to do so.
- Management Team – In this section, you will introduce the members of your management team and their experience and qualifications.
- Financial Plan – Your financial plan should include your financial statements such as the income statement, balance sheet, and cash flow statement.
- Appendix – The appendix of your plan should include any additional supporting materials, such as market research reports, resumes, licenses and permits.
Next Section: Executive Summary >
Construction Business Plan FAQs
What is the easiest way to complete my construction business plan, where can i find a free construction business plan pdf download, what is a construction business plan, why do you need a business plan for a construction company, what are the sources of funding for construction businesses.
The main sources of funding for a small construction business are bank loans and angel investors. With regards to bank loans, banks will want to review your business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to confirm that your financials are reasonable. But they will want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a business.
The second most common form of funding for a construction business is angel investors. Angel investors are wealthy individuals who will write you a check. They will either take equity in return for their funding, or, like a bank, they will give you a loan. Venture capitalists will generally not fund a construction business.
How Do You Start a Construction Business?
What are the keys to success for a construction business.
- Vision & Focus: determine the type of construction business you want to operate and stick to that vision.
- Create your business plan: Your plan will help you set goals and outline how to achieve them.
- Get licensed, bonded, and insured: before you can bid on your first job, you need to investigate and meet the requirements for local and state licenses and do what you need to do to secure them, get your worker’s compensation and liability insurance, and find out how much you need to be bonded for.
- Build a winning team: Hire and train a team of employees with the right skills. Remember that since construction is seasonal and cyclical, you must also be willing to downsize if/when the workload decreases.
- Purchase wisely: be careful not to overspend on salaries and equipment. Consider renting equipment when possible.
- Properly price jobs: Keep factors such as overhead and actual production costs (materials, labor, inspections, etc.) in mind when pricing jobs to ensure a healthy profit on all projects.
CONSTRUCTION BUSINESS PLAN OUTLINE
- Construction Business Plan Home
- 1. Executive Summary
- 2. Company Overview
- 3. Industry Analysis
- 4. Customer Analysis
- 5. Competitive Analysis
- 6. Marketing Plan
- 7. Operations Plan
- 8. Management Team
- 9. Financial Plan
- 10. Appendix
- Construction Business Plan Summary
Other Helpful Business Plan Articles & Templates
![business plan of building construction Use This Simple Business Plan Template](https://www.growthink.com/wp-content/uploads/Business-Plan-Template-1.png)
![business plan of building construction Wordmark_Black](https://www.tradifyhq.com/hs-fs/hubfs/Tradify_Logo/Wordmark_Black.png?width=150&height=23&name=Wordmark_Black.png)
Free Construction Business Plan Template
A successful construction business is based on a solid business plan. To help you out, we've designed a business plan template PDF specifically for construction business owners. Get your copy today!
![business plan of building construction Construction Business Plan Template Free PDF Thumbnail](https://www-sb.tradifyhq.com/images/Business%20Plan%20Template%20Free%20PDF%20Thumbnail.png?url=https%3A%2F%2Fwww.tradifyhq.com%2Fhubfs%2FBusiness%2520Plan%2520Template%2520Free%2520PDF%2520Thumbnail.png&width=648&height=400&name=Business%20Plan%20Template%20Free%20PDF%20Thumbnail.png?url=https%3A%2F%2Fwww.tradifyhq.com%2Fhubfs%2FBusiness%2520Plan%2520Template%2520Free%2520PDF%2520Thumbnail.png)
How can a construction business plan help you?
A solid business plan acts as your strategy guide for building a successful construction business.
Whether you're an existing business or just starting out, a construction business plan helps you get organised.
Use a business plan to help secure funding for your construction business.
Get your free construction business plan template:
What is tradify.
Tradify is the best construction business management software that runs all your jobs from start to finish.
Bring together all your enquiries, estimates, quotes, jobs, staff, invoices, and more — all in one place, across every device.
Save time and eliminate stress with Tradify!
![business plan of building construction Tradify dashboard with map of Houston Texas](https://www-sb.tradifyhq.com/images/Product-MockUp_USA.png?url=https%3A%2F%2Fwww.tradifyhq.com%2Fhubfs%2FWebsite%25202024%2Fproduct-in-device-mockup%2FProduct-MockUp_USA.png&width=517&height=458&name=Product-MockUp_USA.png?url=https%3A%2F%2Fwww.tradifyhq.com%2Fhubfs%2FWebsite%25202024%2Fproduct-in-device-mockup%2FProduct-MockUp_USA.png)
BUSINESS STRATEGIES
How to create a construction business plan
- Jeremy Greenbaum
- Sep 7, 2023
![business plan of building construction How to create a construction business plan](https://static.wixstatic.com/media/a77aa0_e3c2e615e85b4373a2b9406998cf991d~mv2.png/v1/fill/w_46,h_30,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/a77aa0_e3c2e615e85b4373a2b9406998cf991d~mv2.png)
When it comes to starting a construction business, a strong foundation is everything. Just like laying the groundwork for a sturdy building, creating a business plan acts as the bedrock for your business's future success.
A construction business plan is a document that outlines the goals, objectives, strategies and operational details for a construction company. It serves as a roadmap to guide you and your stakeholders through the process of starting a business in the construction industry.
By systematically detailing the elements of your business, a construction business plan provides a clear and organized framework for achieving success in the competitive construction market.
Need a way to get your construction business online? How to make a website with Wix’s website builder .
Crafting a thorough construction business plan is crucial for establishing a clear path and securing the success of your venture. Here are the six key components of a construction business plan:
Executive summary
Business name and domain name
Market analysis and research
Operations plan, marketing and advertising plan, financial plan, 01. executive summary.
The executive summary is a concise overview of your entire construction business plan. It provides readers with a snapshot of your company's goals, strategies, market positioning and financial projections. While placed at the beginning of the plan, it's often written after the rest of the plan has been developed. A clear executive summary should capture the essence of your construction business and pique the reader's interest, encouraging them to delve deeper into the plan.
Example of an executive summary for a construction business: "Construction Innovators Inc. is a forward-thinking construction company specializing in sustainable building solutions. With a commitment to quality, innovation and customer satisfaction, we aim to revolutionize the construction landscape. Our expertise ranges from residential developments to commercial spaces, offering eco-friendly designs that meet modern demands. By leveraging cutting-edge technology and a skilled workforce, we're positioned to drive industry advancements while achieving substantial growth. Through strategic partnerships and a customer-centric approach, Construction Innovators Inc. is poised to create a lasting impact in the construction sector."
02. Business name and domain name
Selecting the right business name is crucial for establishing a strong brand identity in the construction industry. A memorable and relevant name can build trust and recognition. Similarly, choosing an appropriate domain name for your business website is essential for online visibility. To generate name ideas, consider using business name generators , incorporating industry-related terms or creative words that reflect your company's values.
Be inspired: Construction business name ideas , Contractor business name ideas
When choosing a domain name , ensure it's easy to spell, memorable and closely related to your company name. Check for its availability and avoid using hyphens or complicated spellings. A well-chosen domain name contributes to your online credibility and enhances discoverability.
Once you’ve landed on a name, take the proper steps to register your business .
03. Market analysis and research
Incorporating a market analysis within your construction business plan is pivotal to understanding your target market, competitors and industry trends. Comprehensive market research helps identify gaps in the market, customer preferences and potential challenges. This knowledge forms the foundation of a robust business strategy that positions your construction company effectively.
04. Operations plan
The operations plan outlines the practical aspects of running your construction business. This section details the physical location, facilities, equipment and staffing requirements. For instance, specifying the type of projects you'll undertake, the scale of operations and the necessary tools and machinery highlights the resources needed to deliver quality services.
05. Marketing and advertising plan
A well-defined marketing and advertising plan is essential for promoting your construction business. Consider strategies like digital marketing, social media engagement, content marketing and attending industry events to showcase your expertise. Tailor your campaigns to showcase your projects, expertise and commitment to customer satisfaction. Building a positive online reputation and leveraging word-of-mouth referrals are key components of marketing a construction business.
Remember that no matter how you choose to promote your business, you’ll want to maintain a consistent brand image. Think about what steps you need to take to build up your visual identity; check out these construction logo ideas and try a logo maker to make your construction logo and construction slogan .
06. Financial plan
The financial plan outlines the monetary aspects of your construction business. It includes details about how you plan on raising money for your business , projected revenues, expenses and profitability timelines. Make sure to define how your construction company will be initially funded, whether through personal investment, loans or investors. Accurate financial projections demonstrate your understanding of the industry and reassure stakeholders about the viability of your business.
A well-structured construction business plan like the one detailed above will provide you with a comprehensive roadmap for launching and growing your construction business successfully. Each section is necessary and contributes to your holistic understanding of your business's vision, strategies and potential for success.
![business plan of building construction steps to developing a business plan](https://static.wixstatic.com/media/a77aa0_d0f6fe6bdd2f4804be8a3ad329f55d15~mv2.png/v1/fill/w_46,h_27,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/a77aa0_d0f6fe6bdd2f4804be8a3ad329f55d15~mv2.png)
Construction business plan examples: InnovativeBuild Solutions Inc.
InnovativeBuild Solutions Inc. is a dynamic construction company poised to transform the industry through cutting-edge technologies and sustainable practices. Our mission is to redefine construction by delivering innovative, eco-friendly solutions that meet modern demands. With a team of seasoned professionals and a commitment to excellence, we're confident in our ability to leave a lasting mark on the construction landscape. From residential projects to commercial spaces, InnovativeBuild Solutions Inc. is dedicated to shaping a more sustainable future.
Company name and domain name
Company name: InnovativeBuild Solutions Inc.
Domain name: www.innovativebuildsolutions.com
Market analysis: Through thorough research, we've identified a growing demand for environmentally-conscious construction solutions. Our target market includes forward-thinking homeowners, businesses seeking sustainable spaces and local governments promoting eco-friendly infrastructure.
Competitive analysis: We've assessed key competitors in our region, analyzing their strengths and weaknesses. This research allows us to identify gaps in the market and opportunities to differentiate ourselves.
Location: InnovativeBuild Solutions Inc. will be headquartered in a strategic urban location that offers easy access to construction sites and client meetings.
Premises: Our office space will be designed with sustainability in mind, incorporating energy-efficient features and eco-friendly materials.
Equipment: We'll invest in state-of-the-art construction equipment to ensure efficient project execution and maintain high standards of quality.
Staffing: Our team will consist of experienced architects, engineers, project managers and skilled laborers who share our passion for innovation and sustainability.
Digital marketing: We'll leverage digital platforms to showcase our projects, share industry insights and engage with our target audience. Social media, content marketing and email campaigns will be integral to our strategy.
Networking: Participating in industry events and local networking opportunities will help us establish connections and build relationships within the construction community.
Project showcase: Our website will feature a portfolio of completed projects, highlighting our expertise and the value we bring to clients.
Initial funding: We will secure a combination of personal investments and a small business loan to cover startup expenses, equipment purchase and initial project costs.
Projected revenues:
Year 1: $800,000
Year 2: $1,200,000
Year 3: $1,800,000
Expenses: Operating expenses, employee salaries, material costs and marketing investments have been carefully estimated based on industry standards.
Profitability: We aim to achieve profitability by the end of Year 2, driven by increased project volume and strong client relationships.
Benefits of creating a construction business plan
Creating a comprehensive and clear construction business plan is of paramount importance when starting a business. This plan acts as a foundation upon which all activities and decisions are built, fostering a focused and well-structured approach. It offers several key benefits:
Clear vision: A well-defined business plan will help you clarify your vision for your company. It outlines the company's mission, goals and values, providing a cohesive and unified direction for the entire team.
Strategic decision-making: The plan serves as a strategic tool that assists in making informed decisions. It allows you to anticipate challenges, assess risks and identify opportunities within the construction industry.
Resource allocation: A comprehensive plan provides insights into the required resources, both financial and human. This helps in budgeting, estimating costs and allocating resources efficiently.
Target market: Through market research and analysis, the plan outlines the ideal target market and customers. This understanding enables tailored marketing efforts, leading to better customer acquisition.
Competitive edge: A thorough analysis of competitors and the market landscape allows you to identify gaps and opportunities that can be exploited for a competitive advantage.
Funding: When seeking funding from investors or lenders, a well-structured business plan demonstrates the viability and profitability of the construction business. It instills confidence and attracts potential financial support.
Long-term growth: By outlining strategies for business growth, the plan provides a roadmap for expansion, diversification and adapting to evolving industry trends.
Regardless of what type of business you’re starting, it’s essential to incorporate a business website into your plan. A website acts as a virtual storefront, showcasing your company's portfolio, services and testimonials. It enhances brand credibility and accessibility, allowing potential clients to learn about your business and contact you easily.
Learn more: How to make a construction website
Got your eye on another business type?
How to start an online business
How to start a consulting business
How to start a fitness business
How to start a fitness clothing line
How to start a makeup line
How to start a candle business
How to start a clothing business
How to start an online boutique
How to start a T-shirt business
How to start a jewelry business
How to start a subscription box business
How to start a beauty business
How to start a landscaping business
How to start a food business
How to start a vending machine business
How to start a coaching business
How to start a gym business
How to start a trucking business
How to start a flower business
How to start a car wash business
How to start a food prep business
How to start a DJ business
How to start a pool cleaning business
How to start a baking business
How to start an eCommerce business
How to start a dropshipping business
How to start a farming business
How to start a plumbing business
How to start a rental property business
Looking to start a business in a specific state?
How to start a business in Arizona
How to start a business in South Carolina
How to start a business in Virginia
How to start a business in Michigan
How to start a business in California
How to start a business in Florida
How to start a business in Texas
How to start a business in Wisconsin
Want to create another type of business plan?
How to create a real estate business plan
How to create a flower business plan
How to create an eCommerce business plan
How to create a medical supply business plan
How to create a car wash business plan
How to create a contractor business plan
How to create a DJ business plan
How to create a dog walking business plan
How to create a clothing line business plan
How to create a painting business plan
How to create a plumbing business plan
How to create a rental property business plan
How to create a bar business plan
How to create a photographer business plan
How to create a cleaning business plan
How to create a restaurant business plan
How to create a coffee shop business plan
Related Posts
How to create a cleaning business plan (+ example)
How to create a catering business plan
Was this article helpful?
Call Us Today! 1-877-804-2421 [email protected]
![business plan of building construction I AM Builders Logo](https://www.iambuilders.com/wp-content/uploads/2021/03/iambuilders-logo-150.png)
Call Us Today!
1-877-804-2421 [email protected]
How to Write a Successful Construction Business Plan
By Daniel Quindemil
What if I told you there was a “copy and paste” formula that any construction business can follow and be successful?
Seriously…. there is…
Before I started I AM Builders, I helped grow a Commercial Construction Company from a $0 to $7,000,000 per year company.
I initially started I AM Builders to be an estimating firm. But as time went on I realized there was a big problem in the construction industry…. Contractors know how to build, but no one teaches them how to grow a company.
As a side a note: we specialize in estimating projects for busy contractors . If you ever need help estimating projects, we can prepare your entire estimate and bid for you and we can walk you through all strategies to help you close. Learn more about our estimating service for Contractors and Subcontractors .
Every entrepreneur wants to write a business plan. And yes, in most businesses you need a business plan to get financing, venture capital money, etc.
But construction is the only industry where you can start a business with zero financing become a million-dollar business almost overnight.
And guess what….. it doesn’t take a fancy business plan.
When I walked into Caroni, they were a drywall labor company and had just starting getting their first GC jobs. We didn’t know how to grow a construction business .
We started trying out different ways to get leads, estimating strategies, negotiations strategies….
We tried it all….
And after all was said and done, the secret to growing a construction business can be summarized in these three steps.
This is your business plan.
5 Pillars of a Contractor Business Plan
1. develop a system to get a ton of potential projects and client leads, 2. develop an estimating team that can bid jobs fast, 3. develop a follow-up system to negotiate and close sales.
4. Set Up Project Management Systems to Keep Everything Running Smoothly
5. Build Your Field Team and Perform an Outstanding Job on Every Single Project
Before you start… do this.
Here are some questions to ask yourself:
- What do you want your reputation to be?
- How do you want to handle your bidding process?
- How much time do you have for your construction company?
Next, it’s time to get some specific goals.
Too many contractors are only caught up with their jobs and the busyness of their daily schedules that they never sit down and think, “ what am I working toward ?”
This is why it’s important to get into the specifics and have clear goals on what to achieve.
For more info on how to prepare detailed goals and targets read this post: Grow Your Construction Business in 3 Months .
After helping over 1200 contractors grow their company, we’ve concluded that there are 5 steps to creating an effective business plan.
Let’s get into each one.
1. Determine Your Lead Generation Strategy
How are you getting your leads?
Before doing any work on the field, before estimating the job, before even getting the job , you need to capture the lead for the job.
That’s why it’s the first step in this list.
So the question is, how do you capture leads? Well, the first thing you should probably do is educate yourself deeply on this specific topic alone. Lucky for you, we have an article on how to get more jobs for you to dive into.
Next, you need to sign up for lead generation services like iSqft and Bluebook to consistently get the opportunity to bid on jobs. They both serve as the lead generation tool and the bidding tool as well, so it’s a 2-in-1 deal.
If you want more details on these lead gen services and a few other ones, check out this article .
After investing in these lead gen services you’ll have potential jobs coming in guaranteed, but there’s also another strategy you can take to get more leads.
It involves building a Select 12 Cluster (S12C). An S12C is essentially a list of 12 potential clients that you handpick and focus on that will provide you with a steady stream of business.
For example, if you’re a general contractor you would do a quick Google search for developers in your area,
![business plan of building construction GCs near me example](https://www.iambuilders.com/wp-content/uploads/2020/03/gcs-near-me.png)
Then you would pick 12 of them and either send out personalized emails, give them all a call, or visit their offices.
But you’re not just going to introduce yourself, remember that goal is to let them know you exist. Not any other contractor… but you . Stand out from other contractors, display authority and give value by helping them with their jobs, or by giving potential clients advice. This goes a long way in developing a relationship with everyone in your S12C.
The main idea with the S12C is to put your horse blinders on and laser focus on 12 ideal clients and develop relationships with them so they can start using you as the go-to when they need work with your trade.
So just to recap:
- Invest in lead generation services
- Set up and develop a S12C
After securing leads consistently and reliably, it’s time to have a specific plan to bid and estimate those jobs.
2. Establish Your Bidding and Estimating Process
The second step after getting leads is to have a system that bids and estimates those jobs for you at lightning speed so you can focus most of your time on selling the job.
There’s 3 options for you to consider:
- Hire an in-house estimator to work full-time.
- Hire an estimating service to handle each individual project.
- Do the whole thing yourself.
If you choose to do it yourself, it will prove to be really tough to expand your business when you’re so deep in it all day. Plus, imagine working for 1 and a half days straight to estimate a project, only to find out your potential client just used you for better pricing (they really do this). Successful contractors are ones that know how to build a team , how to lead them , and how to sell jobs to bring in business.
In other words, delegate as much as possible so you can focus on the thing that really brings in revenue, selling jobs.
So if you’re estimating jobs yourself as a one-man show, then delegate that task as soon as possible, otherwise, you won’t ever be able to effectively grow.
Let’s say you finally decide to hire an estimator to work in your office. The average salary of an estimator is $81,219/Yr, according to Indeed . Then after payroll taxes and insurance (26%), you’re looking at over $102,000 a year!
Which translates to about $8,500/Mn and $2125/Wk. If you want to bid 10 average-sized projects a month, that means you’re paying your estimator $850 per project!
To save money, time, and effort to manage an extra employee(s), the best option is to outsource your estimating to a reliable firm that can produce accurate pricing and only work on a per-project basis, so you only pay when there’s a project to bid, instead of having to pay an estimator full-time whether they’re hard at work or not.
This is how the process works for our company. First, submit your project plans. This can be either through email, or by submitting them on Dropbox.
Then, click “Choose from computer” and submit your plans. It should look like this.
After submitting your plans, you’ll receive a reply and a free quote for the project. Then if you decide to move forward with the estimate, you’d just pay the invoice and have an entire estimate ready for you in 6-9 business days. If you have special circumstances and need it sooner, you’d call our office and we’d work out something that works best for our firm and your company.
|
3. Create a Sales Team that Closes Jobs
After you have leads coming in and you’re bidding those jobs at lightning speed without doing the tedious work, it’s time to dedicate most of your time to sell the job.
There are many strategies to closing jobs, but as a whole, it involves investing in the client .
Investing in a client means giving , being patient, and then asking when the time is right. You can give to the client through automatic follow-up or manual follow-up.
Automatic follow-up means using a Customer Relations Manager (CRM) to systematically contact specific people at specific times. It’s a software you can also use it to send mass emails with similar pitches to different clients in your area.
Manual follow-up involves a lot of calling and talking to people. This is on your own time, that’s why it’s called “manual” follow-up.
Before bidding a project, be sure to meet your potential client in person to:
- See if they’re someone you want to work with
- Get them to know who you are and what you bring to the table
If someone knows who you are, gets calls from you now and then where you genuinely help them out with any problems or ask how they’re doing…
Who do you think they’re most likely to pick for the job?
This is why it’s critical for contractors to have a S12C where they focus on 12 specific clients and get 80% of their work from them.
It’s ideal for the owner of the construction company to be the main salesperson but if there’s just not enough time in the day (we understand), then hire 1-2 Account Managers who’s entire job consists of talking to potential clients, following up with previous ones, and being the main form of communication between your company and the outside.
4. Set Up Project Management Systems
At this point you’ll have leads pouring in, you’ll be estimating those jobs on autopilot, and you’ll be selling the projects. It’s only a matter of time before you suddenly have a couple projects to work on, and the hard work really begins. This is where you need to understand how to manage subcontractors .
As stated above, the owner of a construction company, or any company for that matter, should focus on leading teams and selling. That’s it. Being on the job site all day stressing and pulling your hair out is not going to bring in new business. Unless you truly love being on the field, you need to delegate everything to seasoned professionals.
But before you go running around and delegating everything, you need to set up a system to manage all your projects so your contracting business can be a coordinated, smooth-oiled machine that pumps out only quality work.
You’re going to need 3-4 software to help you manage your fieldwork:
Bid Management Software
This is what you’re going to use to bid out jobs and keep track of your bids. It’s quick, it’s easy, and it’s a whole lot better than handing people estimates all day and having to remember due dates off the top of your head. If you want to check out some bidding software go take a look at SmartBid and Quick Bid .
Project Management Software
This is software for people on the field to be in constant communication with one another. One of the first steps in professionalizing a construction company is to get a project management software that helps all the workers, supervisors, project managers, and superintendents all be on the same page all the time. Some great P.M.S are CoConstruct , Buildertrend , and Procore .
Accounting Software
It always helps to have all your finances done automatically and as hands-off as possible. Let an accounting software manage all your finances so you can focus most of your effort on bringing in revenue by selling jobs. QuickBooks is the cream of the crop here but Zipbooks and Stripe are also great alternatives.
Estimating Software
This is optional because if you outsource your estimating to qualified estimating firms, then spending money on estimating software won’t be necessary. But if you want to hire estimators in-house or want to do a mix of in-house and out-house estimating, then you’re without a doubt going to need a takeoff and estimating software that can help you be as accurate and as quick as possible. We use Planswift in our office but Bluebeam is also great as well.
You can find software packages that include all-in-one packages like Procore, Corecon, or Buildertrend that include everything you need to professionalize your construction business. The pricing will reflect that, but it’s a necessary investment for your construction company.
5. Found a Field Operations Team
Now that you have project management systems set up, it’s time to create a field operations team. Keep in mind this is only for people in the field , not in the office.
Every construction company is different, some may choose to subcontract work instead of hiring workers and training them, and then others may lease workers from other companies.
So first understand how you want your company to operate, then the next step is to understand the roles of a steamrolling field operations team and how to find the right people for the job.
General Superintendent
This is the main field operations manager. He/she is the one overseeing all the projects a company is currently working on. A general superintendent needs to be comfortable under pressure, an effective leader that gets people to work, and able to raise their voice from time to time.
Project Superintendent
There are the overseers of single projects. They put all their attention on a single job to make sure it runs well. They need to have a deep understanding of construction, their workers, and be on top of their game even when under pressure.
This is the next subdivision in the field. Larger jobs typically get broken up into multiple sections and while they’re all being managed by the project superintendent, the foreman is the one managing specific sections or trades.
Skilled laborers are the true engine behind the construction job. These are the people on the field doing the actual work. Hiring workers is relatively simple but be sure not to fall in the trap of hiring cheaper labor to save money because the reality is all the mistakes they make end up costing more than if you would have hired workers a bit more expensive.
Hire people, train them, and let them train other workers.
We’re not going to have a project manager on the list because they’re not typically on the field but a good project manager will be in the field often to help the superintendent run the job.
That’s how you set up a strategical business plan that set’s you up for success.
Construction can be a tough industry, but a great plan on how you’re going to run your business and even better execution on that plan can make your life a lot easier.
We hope you enjoyed this piece and got some real value from it. Feel free to comment below your $0.02.
![business plan of building construction business plan of building construction](https://www.iambuilders.com/wp-content/uploads/2024/07/Group-499-7.webp)
Get $2,029 in Free Training When You Join 8-Figure Contractor
Our Office: 16650 North Kendall Drive
Links: Commercial Estimating Services Residential Estimating Services Construction Takeoff Services Estimating Services Construction Estimating Consultant
Terms of Use Privacy Policy Contact Us About Us FAQ
Sign up and one of our team members will contact you shortly.
![business plan of building construction BusinessPlanTemplate.com - The World's Leading Business Plan Template Directory](https://www.businessplantemplate.com/wp-content/uploads/2016/04/BusinessPlanTemplateLogoSmall.jpg)
Construction Business Plan Template [Updated 2024]
Construction Business Plan
If you want to start a new construction company or expand your established business, you need a business plan.
The following construction business plan template gives you the key elements to include in an effective business plan. It can be used to create a commercial construction business plan, a general contractor business plan or business plans for residential construction, building construction or industrial construction.
You can download the Construction business plan template (including a full, customizable financial model) to your computer here.
Sample Business Plan For a Residential Construction Company
Below are links to each of the key sections of a construction company business plan example:
- Executive Summary – The executive summary provides an overview of your business opportunity and summarizes the business plan.
- Company Overview – The company analysis includes information about your business idea, the full service design and construction services you offer, and the business structure.
- Industry Analysis – The industry analysis includes market research that supports your business and provides insights into market trends and the construction industry.
- Customer Analysis – The customer analysis provides an overview of your target market and the demographics and purchasing habits of these target customers.
- Competitive Analysis – The competitive analysis should identify your direct and indirect competitors and highlight your competitive advantage.
- Marketing Plan – The marketing plan includes your overall marketing strategy, pricing strategy and what marketing techniques you will try to attract potential customers (i.e., email marketing, paid advertising, etc.).
- Operations Plan – The Operations Plan includes information on your construction company’s day to day operations, expected operating costs and the bidding process for new construction jobs.
- Management Team – The management team section includes a profile of the business owner and management team including the officer manager and project managers, their experience and responsibilities.
- Financial Plan – The financial plan includes financial projections, including cash flow statements, income statements, and balance sheets for the next 5 years.
Comments are closed.
Business Plan Template Construction
![business plan of building construction construction business plan template](https://businessplantemplate.growthink.com/wp-content/uploads/sites/5/2018/11/Construction-BPT-promo.png)
- Get Started
Home >> #realtalk Blog >> Manage a business >> The Ins and Outs of …
The Ins and Outs of Writing a Construction Business Plan (Free Template)
By Homebase Team
![business plan of building construction Woman wearing hard hat and yellow vest](https://joinhomebase.com/wp-content/uploads/2023/12/pexels-thisisengineering-3862371.jpg)
A strong foundation is essential for a construction job—and starting a construction business. And how do you do that? By setting up your business for success with a solid construction business plan.
Read on to learn about why you need a construction business plan, how to create one in six easy steps, and a free template to get you started.
What’s a business plan for a construction company?
A business plan is a document that outlines a company’s business activities, goals, and how its activities will help achieve its objectives. It documents a business’s market research, financial projections, mission statement, and offerings.
Every construction business can benefit from a business plan, whether you’re established or just starting. A construction business plan can help you secure funding, document your business model, forecast future business demands, and function as a guiding light for you and your team.
The benefits of having a construction business plan
Most businesses start with a business plan—it’s a natural way to get your thoughts onto paper and organize them into actionable steps. Business plans can take a lot of time, but when done right, your business plan can function as your manual to move your business forward.
If you’re still unsure whether your construction business needs a business plan, these four benefits might help you decide.
Apply for funding
You’ll need a business plan if you’re looking for a business loan or planning to apply for business grants. Most financial lenders won’t even consider giving you a business loan without a well-thought-out business plan. A business plan is a way for lenders to gauge the risk level they’re taking if they lend your business money.
Your business plan should show lenders how to use their money and how to pay it back. It also allows you to build confidence in your ability to run a business from an organizational standpoint.
Attract top talent
Hiring the right people is important for any business, but it can make or break a construction business. Giving potential hires a complete understanding of your vision for your construction company can be the difference between finding the right employees versus the right now employees.
Creating a business plan will give you a clear vision for your company that you’ll easily be able to communicate to any potential hires.
![](http://writinghelp.online/777/templates/cheerup/res/banner1.gif)
Understand your competition
Industry and competitor research and analysis are a big part of creating a business plan. You might start your business plan thinking you know exactly what makes you stand out, but then again, you might not. Researching who your competitors are and what they do helps you solidify how your business can be differentiated from your peers.
Finding what’s unique to your business is a huge factor in outbooking other local construction businesses.
Gives you clarity
Trying to get your business off the ground can feel like you get lost in the weeds of it all. Creating a business plan can help you clarify key elements of your company. A business plan gives you the big picture and lets you identify the priorities and milestones you need to focus on for your business.
How to write a business plan for a construction company
Writing a business plan for your construction company is essential in building your business. Whether you’re looking for funding or you’re looking for clarity, a business plan can help set you on the right path. Here are six key components of a successful construction business plan.
1. Executive summary
An executive summary is an overview of your construction business plan. Think of it as the CliffsNotes version of your business plan—it gives readers the basics of your business’s goals, financial projections, strategies, and more. This should be the first section of your business plan, but it’s usually the last thing you write because your plan informs it.
An excellent executive summary reflects your construction business and should excite the reader about your company and its potential.
2. Company description
The company overview and description section is the second section in your construction business plan. This section outlines vital details about your company, like your location, the size of the business, what you do, and what you hope to do in the future.
When writing your company description, try to include the following information:
- The official company name
- Type of business structure (sole proprietorship, LLC, corporation, etc.)
- Names of the owners/management team
- The business location
- A company history that outlines when the business started, why you created it, and what it does
- Mission and vision statements
3. Market analysis
A robust market analysis gives you the foundation to create a strong construction business plan with the best chance at success. Market research is the best way to test whether your business will succeed. It can help you mitigate risks, give insights into customer preferences, and even help you decide on location and pricing.
There are two main types of market research: primary and secondary. Primary research is gathered directly from consumers—think surveys, interviews, and focus groups you administer. Secondary research is compiled from external sources—think government census data, polling results, and research conducted by third parties.
Both primary and secondary are great on their own; together, they’ll give you a fuller picture.
4. Operations plan
There are a lot of moving parts that go into running a construction business. The operations plan lets you lay out all those parts and explain how you’ll run your company. This includes everything from your physical location, facilities, staffing needs, and equipment you’ll require. You can outline the types of projects your construction business will undertake, how many projects you’ll take on at once, and what resources you’ll need to deliver quality service at that scale.
5. Marketing and advertising strategies
Use the marketing and advertising strategies section of your construction business plan to highlight how you plan to promote your business. This section can outline all of the strategies you plan to use and can include a rough budget of what you plan to spend on marketing and advertising. Consider social media , digital marketing, content marketing, SEO, and local marketing strategies.
6. Financial projections
The financial projections section includes details about how you’re funding your business, projected revenues and expenses, and profitability projections. Accurate financial projections give potential lenders and investors confidence in your understanding of the industry and the viability of your business.
Quick tips for writing a construction business plan
Now that you’ve got everything needed to start writing your business plan, here are five quick tips to help your writing process. These are big-picture ideas that you can use to get the most out of your construction business plan:
- Get to the point: Use clear, concise language to get your point across. Skip the jargon and ensure someone outside the construction industry understands what you write.
- Use data when you can: It’s great to have supporting data points to back you up when you’re talking about the industry and market.
- Write for your audience: Who are you writing for? Investors? Employees? Shareholders? Lenders? When you clearly define your audience, you can write in a way that resonates.
- Research, and then research some more: What you have to say about your industry is important, but having facts backed by research is even more powerful and convincing.
- Use it: Don’t let your business plan just be another PDF collecting metaphorical dust on your desktop. Use it to inform your decisions and guide you and your team through the years. And update it when needed!
Free construction business plan template
Ready to get started on your construction business plan? Our free construction business plan template can help you write a business plan with all the elements needed for success.
Download your free construction business plan template now
Build a better business with the right tools
If you know one thing, it’s that the quality of your tools can make or break a project. The same is true for the tools you use in your business.
With Homebase , you get everything you need to take control of your construction business . Built for teams like yours, Homebase helps you schedule your team , track their hours , and run payroll even if you’re all on different job sites.
Homebase is the all-in-one management app that simplifies running your construction business. Get started for free .
Construction business plan FAQs
Why should you create a business plan for your construction company even if you aren’t looking for financing.
You should create a business plan for your construction company even if you aren’t looking for financing, because it can help you understand your business and competitors and give potential hires confidence in your business.
What’s the best way to create your construction business plan?
The best way to create a construction business plan is to use a business plan template. You can download your free construction business plan template above.
Remember: This is not legal advice. If you have questions about your particular situation, please consult a lawyer, CPA, or other appropriate professional advisor or agency.
Related posts
June 26, 2024
How to Start a Construction Business in 8 Easy Steps
Being able to build something from the ground up is an incredible skill: a skill you can monetize into your…
Subscribe to our newsletter
Looking for ways to stay up to date on employment laws and small business news?
Homebase makes managing hourly work easier for over 100,000 local businesses. With free employee scheduling , time tracking , and team communication , managers and employees can spend less time on paperwork and more time on growing their business.
- Hiring & onboarding
- Team communication
- Employee happiness
- HR & compliance
- Integrations
- Food & beverage
- Beauty & wellness
- Medical & veterinary
- Home & repair
- Hospitality & leisure
- Education & caregiving
- Contact sales
- Become a Partner
- Careers – We’re hiring!
- #realtalk Blog
All Formats
Table of Contents
Plan template bundle, construction business plan template bundle, construction business continuity plan bundle, construction marketing business plan template bundle, construction business development plan template bundle, 32+ construction business plan templates, construction business plan template, free sample construction business plan template, general construction business plan template, sample residential construction business plan template, free simple construction business plan template, small construction business plan template, commercial construction business plan template, building construction business plan template, 5 year construction business plan template, construction and engineering business plan template, construction company business plan template, construction management business plan template, construction start-up business plan template, construction contractor business plan template, construction carpenter business plan template, construction marketing plan template, general contractor business plan with cover page, construction business plan template download, simple real estate business plan template, printable business plan outline template, printable business plan template, sample business plan in word, construction financial business plan template, construction small business plan template, operational construction business plan template, construction startup company business plan, construction management business plan, residential housing business plan template, how to create a construction business strategy plan, construction business plan with executive summary, building project construction business plan, construction business plan final proposal in pdf, create a construction business plan in 6 steps:, step 1: business description, step 2: goals and objectives, step 3: resources needed, step 4: strategies, step 5: financial statements, step 6: review and edit, final thoughts, general faqs, 1. what is a construction business plan, 2. what is the purpose of having a business plan, 3. who needs a construction business plan, 4. what must be included in a business plan, 5. mention the advantages of business plans, plan templates, free 32+ construction business plan templates.
In all the stages involved in getting to choose out mutual partners to accomplish your real estate small business plan , or getting to hire out contractors, a construction business plan might be the savior. It helps you in making the essential steps in mapping out a strategic achievement of construction goals. This is accomplished by incorporating project management plan tools available for users’ disposal.
![construction business plan template business plan of building construction](https://images.template.net/wp-content/uploads/2015/07/Construction-Business-Plan-Templates.jpg)
- Google Docs
![construction business plan template bundle 788x510 construction business plan template bundle 788x510](https://images.template.net/wp-content/uploads/2023/07/Construction-Business-Plan-Template-Bundle-788x510.jpg)
- Apple Pages
![residential construction business plan template residential construction business plan template](https://images.template.net/wp-content/uploads/2015/07/Residential-Construction-Business-Plan-Template.jpg)
- A brief history of your construction company
- The customers, suppliers, and needs you have
- A sheet summary of the growth of the company, including financial details
- A brief of your long-term and short-term goals
- Steps on how you will make profits.
- Planning leads to practical and faster achievements in any company
- It foresees the future
- It acts as an added strength to a business action plan for steady growth and prosperity
- It helps one be ready to face any unexpected situation that might crop up.
More in Plan Templates
Commercial Construction Company Business Card Template
Construction management proposal template, 20+ construction non-disclosure agreement (nda) template bundle, 10+ construction company profile template bundle, 20 construction business continuity plan bundle, 20 construction business development plan template bundle, 60+ construction business plan template bundle, real estate financial projections template, business continuity plan template, construction business raising capital.
- 7+ Financial Plan Templates
- 10+ Operational Plan Templates
- 9+ Training Plan Templates
- 5+ Shooting Schedule Template
- 11+ School Counselor Lesson Plan Templates in PDF | Word
- 9+ Interdisciplinary Lesson Plan Templates in PDF | MS Word
- 10+ Business Continuity Plan Templates in Google Docs | Ms Word | Pages | PDF
- 18+ Compensation Plan Templates in Google Docs | MS Word | Pages | PDF
- 10+ Executive Bonus Plan Templates in PDF
- 8+ Facility Management Plan Templates in PDF
- 10+ Diversity Recruitment Plan Templates in PDF | MS Word
- 11+ Audit Corrective Action Plan Templates in MS Word | Excel | PDF
- 9+ Recruitment Agency Marketing Plan Templates in PDF
- 10+ Recruitment Marketing Plan Templates in PDF | MS Word
- 10+ Student Recruitment Plan Templates in PDF | MS Word
File Formats
Word templates, google docs templates, excel templates, powerpoint templates, google sheets templates, google slides templates, pdf templates, publisher templates, psd templates, indesign templates, illustrator templates, pages templates, keynote templates, numbers templates, outlook templates.
![business plan of building construction ProfitableVenture](https://www.profitableventure.com/wp-content/uploads/2023/09/ProfitableVenture-Logo.jpg)
Construction Company Business Plan [Sample Template]
By: Author Tony Martins Ajaero
Home » Business ideas » Construction & Engineering Industry » Construction Business
![business plan of building construction Construction Business](https://www.profitableventure.com/wp-content/uploads/2015/12/Construction-Business.jpg)
Are you about starting a construction company ? If YES, here’s a complete sample construction business plan template & feasibility report you can use for FREE .
Okay, so we have considered all the requirements for starting a construction business. We also took it further by analyzing and drafting a sample construction marketing plan template backed up by actionable guerrilla marketing ideas for construction businesses. So let’s proceed to the business planning section.
Suggested for You
- 50 Best Construction Business ideas You Can Start Today
- Construction Company Marketing Plan [Sample Template]
- How to Get Big Federal Government Construction Contracts
- How to Effectively Handle and Store Construction Materials
- 20 Tips on Where and How to Recycle Construction Materials
A Sample Construction Company Business Plan Template
1. industry overview.
The construction industry can comfortably boast to be responsible for the infrastructural development of the world. As such, the development of any country or city can be said to be the handiwork of construction companies and other stakeholders.
In other words, all the edifices, bridges, dams, roads, estates, campuses, shopping malls, office complexes, skyscrapers and massive structures that you see around are all products of the construction industry. Starting a construction business is capital intensive simply because of the type of heavy duty equipment that is required to carry out a construction project and also the cost of managing a large workforce.
Despite the fact that the construction industry requires huge start – up capital, the industry is highly profitable, especially if you have the expertise and capacity to deliver quality jobs. The major clients for construction companies are governments and the private sector.
Construction giants all over the world head towards developing countries, because they know that they are going to get juicy construction contracts there. Unlike in advanced economy, in developing countries and undeveloped world, there are loads of construction works to be done.
The fact that they have infrastructure deficit means that the government must be up and doing in terms of road constructions, bridge construction, public facility construction (hospitals, schools, office facilities and estates et al) and dams constructions.
After a war, the construction industry is one of the major stakeholders that contribute in the rebuilding of a country. In so doing, they work with governments in ensuring that basic infrastructures are restored and of course it will always ends up a win – win situation for both parties.
The government gets what they want and the construction company and contractors get good returns for delivering the projects.
Over and above, the success of a construction company to a larger extent depends on their relationship with the biggest clients in the industry; the government of any country. No doubt there is always enough construction contracts to go round as long as a construction company is competent and well positioned. They won’t lack construction contracts from both the government and the private sector.
2. Executive Summary
Shannon Berg Construction Company is an international construction company that has its headquarters in Grand Rapids, Michigan – USA. The fact that we are based in the united states does not in any way restrict our scope of operations to the United States of America.
We are an international construction company and we work for our clients (governments and private sectors) in any part of the world.
Shannon Berg Construction Company will be specialized in the constructions of skyscrapers, bridges, stadiums, roads, dams, Office complex, shopping malls, schools, campuses and estates et al. As a matter of fact, we are going to be known for delivering world class structures all over the globe.
Creativity, excellence and timely completion of construction projects will be our signature. We intend starting our construction business on a small scale in Grand Rapids, Michigan, but we have a bigger picture – to have our presence in any part of the world that our clients wants us to work. We hope to achieve this feat within the first 10 years of launching the company.
As part of our plans to make our highly esteemed customers our number one priority and to become a global construction brand, we have perfected plans and strategies that will enable us work with our clients in delivering projects that can favorably compete with the best in the industry at an affordable and reasonable price within the stipulated completion date barring any unforeseen circumstance.
Shannon Berg Construction Company is fully aware that starting a construction business requires huge capital base, which is why we have perfected plans for steady flow of cash from private investors who are interested in working with us.
We can confidently say that we have a robust financial standing and we are ready to take on any construction project that comes our way, as long as the project is duly commissioned by the required authority.
Shannon Berg Construction Company will be owned by the principal partner; Engr. Shannon Berg and other partners (Nani David, Lois Scotland and Christopher Parkston). They also have plans in the pipeline to sell the shares of the company in the nearest future to interested investors who would want to be part owners of the company.
Shannon Berg who is the principal partner has well over 25 years of experience in the construction industry. Before starting his own construction company, he was a senior project manager and consultant with one of the world’s largest construction company based in Germany.
Engr. Shannon Berg, Nani David, Lois Scotland and Christopher Parkston will be the major financier of the company. Nonetheless, we have made a concerted decision not to limit the number of investors with similar investment ideology that may want to invest in the business.
This is necessary in order for us to be able to retain financial flexibility. Ideally, our plan is that no investment will be less than $1,000,000, which would purchase a 1 percent equity position. It is our desire that all equity partners be limited partners.
3. Our Products and Services
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.
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. Our business offering are listed below;
- Road Construction
- Bridge Construction
- Dam construction
- Airports and Helipads Construction
- Seaports Construction
- Skyscrapers construction
- Estate construction
- Public facility construction (hospitals, schools, shopping malls, office complexes and industrial facilities et al)
- Construction of residential facilities
- Property Makeover Services
- Construction Consultancy and Advisory Services
4. Our Mission and Vision Statement
- Our vision is to build a first class construction company that will have active presence in North America, South America, Africa and Asia.
- At Shannon Berg Construction Company, our mission and values are to help governments, the private sector and individuals in the United States of America and throughout the world realize their dreams of building a world class structure that can compete on a global stage with the best in the construction industry.
Our Business Structure
Shannon Berg Construction Company intend starting small from Grand Rapids, Michigan, but with a vision of growing the business to becoming a global construction brand with presence in all the continents of the world. In order to achieve this vision, we just have to position our company for growth and ensure that we hire dedicated and highly competent employees at all levels.
Shannon Berg Construction Company will ensure that we build a team that will work together towards achieving the company’s vision. We will build a business that has the right structures and process in place that can support growth; a business that runs on autopilot.
In view of the above, we have made provisions for the following position in our organization based on the size of the company we intend starting but as the business grows, we will create senior level positions and also create a structure that will support the business growth at every growth and expansion stage;
- Chief Executive Officer (President)
Project Manager
Civil Engineer
- Structural Engineer
- Quantity Surveyor
Land Surveyor
Company’s Lawyer/Secretary
Admin and HR Manager
Business Developer
- Front Desk Officer
5. Job Roles and Responsibilities
Chief Executive Officer – CEO:
- Responsible for providing direction for the business
- Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
- Responsible for the day to day running of the business
- Responsible for handling high profile clients and deals
- Responsible for fixing prices and signing business deals
- Responsible for signing checks and documents on behalf of the company
- Evaluates the success of the organization
- Reports to the board
- Responsible for the planning, management and coordinating all projects on behalf of the company
- Supervises projects
- Ensures compliance during project executions
- Provides advice on the management of projects
- Responsible for carrying out risk assessment
- Using IT systems and software to keep track of people and progress of ongoing projects
- Responsible for overseeing the accounting, costing and billing of every project
- Represents the organization’s interest at various stakeholders meetings
- Ensures that project desired result is achieved, the most efficient resources are utilized and different interests involved are satisfied.
- Responsible for preparing bids for tenders, and reporting to clients, public agencies and planning bodies
- Ensures that sites meet legal guidelines, and health and safety requirements
- Assesses the environment impact and risks connected to projects
- Responsible for judging whether projects are workable by assessing materials, costs and time requirements
- Draws up blueprints, using Computer Aided Design (CAD) packages
- Discussing requirements with the client and other professionals (e.g. architects and project managers et al)
- Responsible for managing, directing and monitoring progress during each phase of a project
- Responsible for creating building designs and highly detailed drawings both by using the hands and by using specialist computer – aided design (CAD) software
- Works around constraining factors such as town planning legislation, environmental impact and project budget
- Writes and presents reports, proposals, applications and contracts
- Adapting plans according to circumstances and resolving any problems that may arise during construction
- Works with project team and management to achieve a common goal
- Responsible for applying for planning permission and advice from governmental new building and legal department.
- Responsible for undertaking land surveys/measurements using a variety of specialist technical equipment such as theodolites, laser alignment devices and satellite positioning systems et al.
- Responsible for presenting data to clients
- Responsible for producing and advising about construction plans and drawings
- Responsible for advising about technical matters and whether the construction plans are viable
- Responsible for drawing up contracts and other legal documents for the company
- Consult and handle all corporate legal processes (e.g. intellectual property, mergers & acquisitions, financial/ securities offerings, compliance issues, transactions, agreements, lawsuits and patents et al)
- Develops company policy and position on legal issues
- Researches, anticipate and guard company against legal risks
- Represents company in legal proceedings (administrative boards, court trials et al)
- Plays a part in business deals negotiation and take minutes of meetings
- Responsible for analyzing legal documents on behalf of the company
- Prepares annual reports for the company
- Responsible for overseeing the smooth running of HR and administrative tasks for the organization
- Defines job positions for recruitment and managing interviewing process
- Carries out staff induction for new team members
- Responsible for training, evaluation and assessment of employees
- Responsible for arranging travel, meetings and appointments
- Oversees the smooth running of the daily office activities.
- Identifies, prioritize, and reach out to new partners, and business opportunities et al
- Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
- Develops, executes and evaluates new plans for expanding increase sales
- Documents all customer contact and information (manage the company’s CRM system)
- Represents the company in strategic meetings with government agencies, private sectors and contractors
- Helps increase sales and growth for the company
- Responsible for preparing financial reports, budgets, and financial statements for the organization
- Responsible for financial forecasting and risks analysis.
- Responsible for developing and managing financial systems and policies
- Responsible for administering payrolls
- Ensures compliance with taxation legislation
- Handles all financial transactions for the company
- Serves as internal auditor for the company
Front Desk/Customer’s Service Officer
- Receives Visitors/clients on behalf of the organization
- Receives parcels/documents for the company
- Handles enquiries via e-mail and phone calls for the organization
- Distributes mails in the organization
- Handles any other duties as assigned the line manager
6. SWOT Analysis
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.
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.
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.
It is important that we know our strength, our weaknesses, and the opportunities that we can leverage on in the industry and the threats that we are likely going to be confronted with.
With that, we will be able to map out strategies that will not only help us to survive in the industry but also to build a global construction brand. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Shannon Berg Construction Company;
Shannon Berg Construction Company can confidently boast of having a competent and highly experienced management team who are regarded as some of the best hands in Michigan.
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.
Well the fact that we are a new construction company could count as a weakness. It is normal for clients to think twice before awarding construction contracts to newbies in the industry.
Another weakness that can count against us in the industry is the fact that we may not have the financial muscles to drive the business the way we ought to drive it. We require huge financial base to be able to acquire some of the latest heavy duty construction equipment.
- Opportunities:
Our business concept, our mission and vision puts us at an advantage in the industry. We will start small to build trust within Grand Rapids, Michigan and there are loads of opportunities for us there simply because we are well positioned to work with both the state government and the highly organized private sector.
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).
These are the threats that we are likely going to face as a newbie construction company in Grand Rapids, Michigan. 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.
7. MARKET ANALYSIS
- Market Trends
The trend in the construction industry is that construction companies are always coming out with processes that will help them achieve more within a short period; construction jobs can be time consuming especially the construction of massive infrastructures.
Most players in the construction industry are fully aware that the government of any country or state is the biggest clients they can get and they do all the lobbying and horse trading to ensure that they get government contracts.
No doubt there are loads of big time investors that have stakes in the construction industry, but one thing is certain, there is room big enough to accommodate both the big construction companies and the small construction companies.
What smaller construction companies need to do to survive in the industry is to concentrate on developing estates, schools, hospitals and hotels et al before bidding for big construction contracts like road construction, bridge construction, dam construction and skyscrapers et al.
Another obvious trend in the construction industry is subletting of contracts. It is now obvious that construction giants leverage on their brands to win contracts and in some cases after they have won the contract.
They will go ahead to sublet the contract to smaller construction company that they trust can deliver to execute the project at an agreed fee that will be good enough for both parties to make profits. Smaller construction companies position themselves to be able to leverage on such opportunities once it present itself.
8. Our Target Market
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. We know that our selling points will be our excellent and timely delivery of construction projects using global best practices.
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.
Shannon Berg 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). Below is a list of the people and organizations that we have specifically designed our services for;
- Organized private sector (Corporate organizations)
- Land Owners
- Businessmen and Businesswomen
- University Campuses
- Foreign investors who are interested in owning properties in the United States of America
- The government of the United States of America (Government contracts)
- The governments of other nations of the world
Our Competitive Advantage
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.
It might be challenging competing as a newbie in the construction industry, especially in a highly organized market like that of the United States of America, which is why we were deliberate in choosing our board members. Our competitive advantage is not limited to the crop of highly experienced professions that are members of our management team but also our board members.
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. For us, it is indeed part of the competitive advantage that we are bringing to the market.
Another positive for Shannon Berg Construction Company is the fact that our Chief Executive Officer / President is a renowned Civil Engineer, he has robust experience in the construction industry and he has worked extensively as a senior project manager for one of the world’s leading construction companies.
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.
9. SALES AND MARKETING STRATEGY
- Sources of Income
Shannon Berg Construction Company was established with the aim of maximizing profits through delivering quality and standard construction works for our highly esteemed clients. We will ensure that we generate income from every available means within the construction industry. Below are the sources we intend exploring to generate income for Shannon Berg Construction Company;
- Construction of residential apartments
10. Sales Forecast
It is important to state that our sales forecast is based on the data gathered during our feasibility studies and also some of the assumptions readily available on the field.
We have relationship with major stakeholders in the real estate and construction industry in Grand Rapids, Michigan and also in order states in the US and we are sure of getting key construction contracts to kick start of business. Below are the projections that we were able to come up with for the first three years of Shannon Berg Construction Company;
- First Year-: $2,000,000
- Second Year-: $3,500,000
- Third Year-: $5,000,000
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. From our calculations, we are likely going to make a minimum of 30 percent profits after task from executing key construction projects.
- Marketing Strategy and Sales Strategy
We have been able to clearly define our target market and have documented this in our construction marketing plan. We know how to get them to hire our services which is why we have decided to adopt some of the winning formula that construction giants utilize to win major construction contracts.
We know that it will take different marketing and sales strategies to win small clients and bigger clients. For example; there are requirements a construction company would hate to meet before they can be awarded a government contract. We have put all these factors in place before creating a workable marketing and sales strategy for Shannon Berg Construction Company.
Shannon Berg Construction Company is fully aware of the bureaucracy and horse trading that exists in bidding for construction contracts from the government and even the organized private sector, which is why we were able to put protocols in place to hire some of the best business developer to handle our sales and marketing.
No doubt, our sales and marketing team will be recruited based on their vast experience in the construction industry and their ability to fit into our Business model. We are going to pay more emphasis in the training of all our employees so as to give them all they would need to help the company achieve its aim and objectives.
Our goal is to become one of the leading construction companies in Grand Rapids, Michigan and we know we can achieve this by ensuring that our sales and marketing team are delivering on set targets. Shannon Berg Construction Company will adopt the following marketing and sales strategies;
- 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.
- Promptness in bidding for contracts
- Advertise our business in real estate/properties magazines and websites
- List our business on yellow pages
- Promote our business on satellite TV stations and radio stations.
- Attend expos, seminars, and business fairs et al
- Create different packages for different category of clients in order to work with their budgets and still deliver quality housing/property to them
- Leverage on the internet (social media platforms and our official websites) to promote our business
11. Publicity and Advertising Strategy
We have been able to work with our consultants to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market. First and foremost, we want our brands to be visible and well communicated, which is why our publicity strategy have been well crafted to help us achieve our aims and business objectives.
All our publicity materials and jingles are done by some of the best hands in the industry. Below are the platforms we intend to leverage on to promote and advertise our property development business;
- Place adverts on both print and electronic media platforms
- Sponsor relevant TV shows
- Utilize our company’s website in promoting our business
- Leverage on the internet and social media platforms like; Instagram, Facebook ,Twitter, LinkedIn, Badoo, Google+ et al
- Install our Bill Boards on strategic locations
12. Our Pricing Strategy
Part of business strategy is to ensure that we work within the budget of our clients to deliver excellent and world class construction projects.
We are quite aware that there are major players in the construction industry in the United States 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.
Although our prices may not be outrageously lower than what is obtained in the industry, but we are hopefully that whatever price we bill our customer will be amongst the lowest they can get in the industry. 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.
- Payment Options
Our payment policy in Shannon Berg Construction Company is all inclusive because we are quite aware that different people prefer different payment options as it suits them, but at the same time, we will not accept payment by cash because of the volume of cash that will be involved in most of our transactions. Here are the payment options that we will make available to our clients;
- Payment by via bank transfer
- Payment via online bank transfer
- Payment via check
- Payment via bank draft
In view of the above, we have chosen banking platforms that will help us achieve our plans without any itches.
13. Startup Expenditure (Budget)
- The Total Fee for incorporating the Business in New York: $750.
- The budget for Liability insurance, permits and license: $5,000
- The Amount needed to acquire a suitable Facility with enough space in Grand Rapids, Michigan (Re – Construction of the facility inclusive): $500,000.
- The Cost for equipping the office (computers, printers, fax machines, furniture, telephones, filing cabins, safety gadgets and electronics et al): $15,000
- The cost for acquiring heavy duty construction equipment: $2,000,000
- The Cost of Launching a Website: $600
- Additional Expenditure (Business cards, Signage, Adverts and Promotions et al): $5,000
- Working capital (investment fund): $3,000,000 (3 Million US Dollar)
Going by the report from our research and feasibility studies, we will need about $7,000,000 (7 US Million Dollars) to set up a construction company in Grand Rapids, Michigan. It is important to state that most of the heavy duty construction equipment that we will work with will be leased.
This necessary because some of these equipment are really expensive and it won’t be economical for us to acquire them from the start.
Generating Funding/Startup Capital for Shannon Berg Construction Company
- The Chief Executive Officer/President Engr. Shannon Berg will generate 20 percent of the start – up capital from his personal savings and sale of his stocks
- 30% of the capital will be generated from key partners (Nani David, Lois Scotland and Christopher Parkston)
- 50% of the capital will be sourced from banks
14. Sustainability and Expansion Strategy
Shannon Berg Construction Company was established with the aim of building a company that will outlive the founders and partners; a construction company that will have active presence in major cities in the world. Part of the vision of the company is to handover the baton of the company from one generation to generation; hence we have perfected our plans to put the right structures in place that will aid our succession plan.
In order to position of company for growth, we have been able to create strong partnerships with the government of the United States of America, organized private sector and construction giants. We are optimistic that we will continue to execute construction contracts for our clients.
Our marketing team will continue to get the needed support and encouragement that they need to be able to deliver on set goals and targets for the organization, and we will continue to improve our processes and structure to meet up with the changing trend in the construction industry.
Lastly, we will not relent in taking calculated business risks when it comes to bidding for bigger government contracts and taking on new business challenges and new business frontiers.
Check List/Milestone
- Business Name Availability Check: Completed
- Business Incorporation: Completed
- Opening of Corporate Bank Accounts various banks in the United States: Completed
- Opening Online Payment Platforms: Completed
- Application and Obtaining Tax Payer’s ID: In Progress
- Application for business license and permit: Completed
- Purchase of All form of Insurance for the Business: Completed
- Renting of Office Facility in New York City: Completed
- Conducting Feasibility Studies: Completed
- Generating capital from the CEO and Business Partners: Completed
- Applications for Loan from our Bankers: In Progress
- writing of business plan: Completed
- Drafting of Employee’s Handbook: Completed
- Drafting of Contract Documents (Tenancy Agreements et al), and other relevant Legal Documents: In Progress
- Design of The Company’s Logo: Completed
- Graphic Designs and Printing of Packaging Marketing / Promotional Materials: Completed
- Recruitment of employees: In Progress
- Purchase of the Needed furniture, office equipment, electronic appliances and facility facelift: In progress
- Acquiring of heavy duty construction equipment: In progress
- Creating Official Website for the Company: In Progress
- Creating Awareness for the business (Business PR): In Progress
- Health and Safety and Fire Safety Arrangement: In Progress
- Establishing business relationship with key players in the industry (networking and membership of relevant construction bodies): Completed.
![business plan of building construction Examples](https://images.examples.com/wp-content/uploads/2024/04/examples-com-logo-3.webp)
Construction Business Plan
![business plan of building construction business plan of building construction](https://images.examples.com/wp-content/uploads/2018/08/Construction-Business-Plan-Examples.png)
Whatever construction work you do whether it be commercial construction, landscaping , maintenance or building construction, your services alone won’t be enough to attract investors and clients. With a business plan , companies will be able to attract potential investors to help get their company from the ground up. Construction companies in particular sometimes need investors to get their project up and running. How will they be able to do that? By presenting a construction business plan to them.
15+ Construction Business Plan Examples
1. construction management business plan.
![business plan of building construction Construction Management Business Plan](https://images.examples.com/wp-content/uploads/2020/04/Construction-Management-Business-Plan.jpg)
- Google Docs
- Apple Pages
Size: A4 & US
2. Construction Repair Business Plan
![business plan of building construction Construction Repair Business Plan](https://images.examples.com/wp-content/uploads/2020/04/Construction-Repair-Business-Plan.jpg)
3. Construction Manufacturer Business Plan
![business plan of building construction Construction Manufacturer Business Plan](https://images.examples.com/wp-content/uploads/2020/04/Construction-Manufacturer-Business-Plan.jpg)
4. Construction Business Plan Example
![business plan of building construction Construction Business Plan Example](https://images.examples.com/wp-content/uploads/2020/04/Construction-Business-Plan-Example.jpg)
5. Construction Start-up Business Plan
![business plan of building construction Construction Start-up Business Plan](https://images.examples.com/wp-content/uploads/2020/04/Construction-Start-up-Business-Plan.jpg)
6. Construction Carpenter Business Plan
![business plan of building construction Construction Carpenter Business Plan](https://images.examples.com/wp-content/uploads/2020/04/Construction-Carpenter-Business-Plan.jpg)
7. Simple Construction Business Plan
![business plan of building construction Simple Construction Business Plan](https://images.examples.com/wp-content/uploads/2020/04/Simple-Construction-Business-Plan.jpg)
8. Sample Construction Business Plan
![business plan of building construction Sample Construction Business Plan](https://images.examples.com/wp-content/uploads/2020/04/Sample-Construction-Business-Plan.jpg)
9. General Construction Business Plan
![business plan of building construction General Construction Business Plan](https://images.examples.com/wp-content/uploads/2020/04/General-Construction-Business-Plan.jpg)
- Google Sheets
- Apple Numbers
10. Construction Company Business Plan Example
![business plan of building construction Construction Company Business Plan Example](https://images.examples.com/wp-content/uploads/2020/04/Construction-Company-Business-Plan-Example.jpg)
11. Sample Construction Business Plan
![business plan of building construction Sample Construction Business Plan Example](https://images.examples.com/wp-content/uploads/2020/04/Sample-Construction-Business-Plan-Example.jpg)
Size: 105 KB
12. Sustainable Construction Business Plan
![business plan of building construction Sustainable Construction Business Plan](https://images.examples.com/wp-content/uploads/2020/04/Sustainable-Construction-Business-Plan.jpg)
13. Construction Program Business Plan
![business plan of building construction Construction Program Business Plan](https://images.examples.com/wp-content/uploads/2020/04/Construction-Program-Business-Plan.jpg)
14. Business Plan For Construction Company
![business plan of building construction Business Plan For Construction Company](https://images.examples.com/wp-content/uploads/2020/04/Business-Plan-For-Construction-Company.jpg)
Size: 966 KB
15. Construction Plan for a Startup Business
![business plan of building construction Construction Business Plan for a Startup Business](https://images.examples.com/wp-content/uploads/2020/04/Construction-Business-Plan-for-a-Startup-Business.jpg)
Size: 710 KB
16. Construction Management Business Plan
![business plan of building construction Construction Management Business Plans](https://images.examples.com/wp-content/uploads/2020/04/Construction-Management-Business-Plans.jpg)
Size: 141 KB
What is a Construction Business Plan?
A construction business plan is a blueprint for how a construction company runs their operations. It contains information about the company itself and the construction services it provides. This business plan also contains the goals of the construction company as well as the business strategies used to achieve them. Content of a construction business plan also include safety plans and business procedures. Like all business plans it serves as a guide for the construction company on how to navigate in the world of business.
How to Create a Construction Business Plan?
According to a recent graph by Statista, the total spending of the United States has been going upwards from 2011 onwards. This means a lot of money can go in your company’s way especially once you get a hold of investors through an impressive construction business plan.
1. Create an Introduction to your Business
Everything that is important has to have a proper introduction. To get started with your business plan you need to write an introduction about your construction business first. Similar to a proposal you need to make a formal and a good impression with your readers when presenting the plan to them. Write a summary of your company; how it started, what it does, and where they currently operate. Write about the services your business provides but don’t go into the details just yet. Make it intriguing enough to make your readers want to read on.
2. State The Truth
When you are writing your construction business plan always remember to be truthful. False claims on your business plan may impress your readers at first. But when the truth is uncovered it can result in your business having a bad reputation and that can spell doom for your company . So make sure all your words are facts that can be backed up.
3. Fact Check and Include Documentation
Keeping in line with the previous step, take the time to fact check all your statements . When you are stating things about your company especially when it involves money and confidential information, make sure they are backed up by concrete evidence. Provide documentation as well as further proof when you write about your projects in your business plan so that means including photos and construction blueprints.
4. Include Your Strategies
This step is especially important when you are a startup company. When making your construction business plan write about the strategies that you have in order to reach the goals of your company. You can write about your marketing and financial strategies for a start. Write about the assets you have that enable you to achieve your plans such as the general contractors you have under your employ for example. Making this part allows you readers to know how you plan on bringing your company up and whether you have the means to achieve it.
How long does it take to write a construction business plan?
Creating a well thought out business plan for your construction company can take months depending on the knowledge you have and the detail you dedicate into making it.
How long should a construction business plan be?
A well written construction plan should take about 15 minutes to skim. In that time you should be able to convey everything important about your construction company. If it takes longer to read try to rework your plan by making it less wordy.
Who is the one who creates the construction business plan?
People who have a key position in the construction company are the ones who should be involved in creating the business plan . Somewhat such as the founder or CEO should be the one who usually prepares it but they can also be assisted by consultants with relevant knowledge.
Your construction business plan serves as a written blueprint on how to run your company. Give it a lot of thought when you are writing it down especially when you are going to use it to attract investors . With a well made plan you will be able to get even the most hesitant investors to work with your company. And with their help the clients will also be drawn to the company leading to more business and profit.
![business plan of building construction Twitter](https://images.examples.com/wp-content/uploads/2024/04/icon_5.png)
Text prompt
- Instructive
- Professional
Create a study plan for final exams in high school
Develop a project timeline for a middle school science fair.
Evolution Reflections
Switch language:
![business plan of building construction WCN_header-002](https://www.worldconstructionnetwork.com/wp-content/uploads/sites/26/2017/10/WCN_header-002.png)
Moscow International Business Centre (MIBC)
The Moscow International Business Centre (MIBC) is an ambitious engineering project in the centre of Moscow. The site is
Estimated Investment
$12 billion
Construction Started
Moscow, Russia
Project Type
Business complex (city within a city)
CITY JSC, Moscow City Government
![business plan of building construction business plan of building construction](https://www.worldconstructionnetwork.com/wp-content/uploads/sites/26/2017/10/MIBC-1.jpg)
The Moscow International Business Centre (MIBC) is an ambitious engineering project in the centre of Moscow. The site is on an old urban area near the river embankment. The goal of the project is to create a new business district within the city.
The whole complex is to be built on a 100ha site (divided into 30 plots) designated for new development on the Krasnopresnenskaya embankment. The management company for the project is CITY Joint Stock Company (CITY JSC), a company first set up in 1992 as a collaboration between the Russian government and private investors.
Recommended White Papers
![business plan of building construction Whitepaper](https://www.worldconstructionnetwork.com/wp-content/themes/goodlife-wp-B2B/images/WhitePaper_Default_icon.png)
Vals Quartzite
Vals quartzite: applications for floor, bathroom and wall, recommended buyers guides.
![business plan of building construction Buyers-Guide](https://www.worldconstructionnetwork.com/wp-content/themes/goodlife-wp-B2B/images/BuyersGuide_icon.png)
Marble Construction Companies and Solutions
Stone construction equipment, companies and solutions.
The project was first launched in the early 1990s but has been stalled for much of the last 10 years due to a lack of investment. In 2003 the project started to attract investment again and has been gaining momentum ever since.
PLOT 1: BAGRATION BRIDGE AND TOWER 2000 OFFICE COMPLEX
The first major building constructed in the MIBC project on Plot 1 was the Bagration Bridge (pedestrian bridge) and mall, completed in 1999. The second project was the Tower 2000 office complex, a multi-use business complex begun in 1996 and completed in 2001. The building is 106m high and has 30 storeys above ground and four storeys below. The total floor area of the complex is 60,000m².
The underground area contains parking garages, restaurants, retail areas and a fitness centre. Floors 3–15 and 17–26 are business offices while floors 8 and 27 have a media centre, large exhibition hall and piano bar.
The business areas are served by structured cable network, fibre optic cable, satellite broadcasting, Wi Fi and ADSL Internet access, automatic digital telephone exchange with integration of services, local broadcasting system, municipal broadcasting network, electric timing system, data collection and processing system, audio and video systems, simultaneous interpreting system, conference system, video projection system and security systems including biometric access control and a monitoring system.
The tower also has a central air conditioning system, auxiliary exhaust ventilation system, cooler and heat supply systems, Uninterruptible Power Supply system (UPS), automatic fire security system, automatic volumetric fire-fighting system, sprinkler system and automatic smoke removal system.
The general contractor for the tower was Promstroytechnologia-M Company Ltd. The facade of the tower, which is made of glass and structured concrete, was constructed by Transwall Technology. The tower is equipped with 17 computerised rapid elevators, supplied and installed by Schindler Aufzuege AG, and an outer panoramic elevator, supplied and installed by Kone Lifts. The exterior lighting equipment was supplied and installed by Thorn.
PLOTS 2 AND 3: MOSCOW WEDDING PALACE AND CITY SQUARE
The sites designated by plots 2 and 3 are now to be developed as the Moscow Wedding Palace and City Square. This will include a city square, an underground retail complex and a 14 storey multipurpose complex, which will include the Wedding Palace, banquet halls, restaurants, shops and a hotel.
The developer is Capital City Developments. The architect is Mosproject – 2. The construction started in 2005 and is scheduled to be complete by the end of 2007.
PLOT 4: AQUAPARK
The Aquapark leisure complex was started in 2002 and was completed in 2005. The site occupies a 1.74ha area adjacent to Krasnopresnenskaya embankment. It includes:
- Complex of swimming pools, water mountains and leisure attractions, restaurants and cafes and retail areas (24,352m²)
- Five-star, 30-storey hotel complex (54,640m²) built on a six-storey podium containing retail areas, restaurants and nightclubs
- Parking to accommodate 425 vehicles (13,050m²)
- The aqua park will be connected with a mooring on the Moscva River
The developer of the complex was Aqua-City Palas Company Ltd. The project required an estimated investment of $230 million. The general contractor was Liard Stroy Ltd and the designers were Mosproekt-2 of Russia and Tkhomesto Engineering of Finland.
PLOTS 6, 7 AND 8: UNDERGROUND MALL AND METRO STATIONS
A large underground complex containing the central core of the MIBC, an underground mall and two metro stations is located on these plots. Construction started in late 2001 on the 5.1ha site and was completed in mid-2004. The complex has a total floor area of 150,000m² and includes:
- 35,000m² shopping mall
- 20,000m² multi-purpose performance complex
- 10,000m² dancing complex
- 15,500m² sports and leisure complex
- 30,000m² ‘Wonderful World of Entertainment’ theme park
- 7,000m² restaurant complex
- 30,000m² hotel
The complex developer was CITY JSC and the designers were Mosproekt-2. The construction engineers were Bovis Europe and Jones Lang Lassale of the UK.
PLOT 9: CAPITAL CITY PROJECT
This project involves the construction of two connected tower blocks and a dome. The towers will be of 73 and 62 storeys high, with a 16-storey domed building containing an atrium. Connecting the buildings will be a podium building with three storeys above ground and 4–6 below ground.
The lower levels of each tower will be for office space (200,000m²), while the upper levels (above 80m) will be residential and the dome will be used as a retail area. The investment for the project is $250 million.
The developer is Capital Group; the construction engineers are Bouygues Construction and the architects are Erick van Egeraat Associated Architects of Holland. Construction has been underway since 2005 and the project is scheduled for completion in mid-2007.
PLOT 10: NABEREZHNAYA TOWER
This project involves the construction of a new office and apartment complex consisting of three A-Class buildings 16 (86m), 27 (135m) and 52 (250m) storeys high, with a total floor area of 220,000m². The construction began in mid-2003 on the 2.55ha site with the smallest of the three buildings.
The first building was completed in autumn 2004. Enka, a Turkish construction company , is carrying out the development and construction. Enka has invested a total of $150 million so far. Work is continuing on the other two buildings with completion expected in 2007.
PLOTS 11 AND 12: MIXED-USE TOWER BLOCK
The major project on these plots will be a 300m, 75-storey, mixed-use tower block with over 204,000m² of floor space. The facilities will include commercial and government offices, residential areas, retail space, leisure and health centres and a four-star hotel.
Offices will occupy the floors 4–45, while apartments are on floors 48–66. The building was designed as a two-tier skyscraper, 30 floors in the first tier and 37 in the second one. The second floor of the building will be occupied by a casino. The 47th floor will be occupied by a gymnasium.
The designers for the project are Swanke Hayden Connell Architects and the investors are Techinvest, who are investing $270 million. The contractors for the construction are Summa, a Turkish development company. Groundwork was carried out by Kaskatas. Construction on the building started in the third quarter of 2004 with completion scheduled for late 2006.
PLOT 13: FEDERATION OFFICE COMPLEX
The Federatsiya (Federation) office complex is to consist of two towers, one 57 storeys high and the other 87 storeys (345m), and a podium. The 87-storey tower will hold offices and the 57-storey tower will include residential apartments and a hotel. The total floor area of the complex will be 240,000m².
The podium will have three to five levels and 30,000m² of floor space and will contain retail areas, banking facilities, cafes, restaurants and leisure facilities. The complex will have 14 lifts built between the two towers, including four ‘Shuttle’ round-observation lifts.
Stroimontage and NIKoil Financial Group will invest more than $500 million in the project. The architects for the project are P Schweger, S Tchoban and A Asadov of Germany. Stroimontage is the general contractor for the project. Construction started in April 2004 and the complex is scheduled for completion by 2008.
PLOT 15: CITY HALL AND DUMAS
Plots 2 and 3 are owned by the Moscow City Government and original plans were for the new City Hall and Dumas (Parliament) buildings to be located there. However, these buildings will now occupy Plot 15.
The construction on Plot 15 consists of four 70-storey interconnected 308.4m buildings. The project started in November 2005 and will be finished by the end of 2007.
It is expected that all government administration will be accumulated in the new complex to provide better organisation, allowing the buildings currently in use to be sold.
The four skyscrapers will be connected by several two storey bridges between towers and eight storey bridges at the top. The highest bridges will be built in shape of letter ‘M’ for ‘Moscow’.
PLOT 16: RUSSIA TOWER
Plans for a 600m-tall tower to be built in Moscow to designs by British architect Sir Norman Foster were released in March 2006. ST Towers is the developer behind the project and is part of the ST Group.
The Russia Tower will be more than 50% higher than the Empire State Building and is to be built within the Moskva-City development on Plot 16 near the site’s border with the Third Ring Road. It will overshadow the 430m Federation Tower under construction at Moskva-City, which developers say will be the tallest building in Europe when it is completed in 2008.
The 420,000m² tower is a striking design comprising three blade-like structures arranged in a trefoil-like plan around a central core and tapering sharply toward the top, with part of the steel structure exposed on the outside like an exoskeleton.
Described by the architect as a vertical city, the tower is to house parking and retail space on nine underground levels, a public ice rink on the first floor under a spacious, pyramidal atrium, a hotel with serviced apartments above, 24 floors of office, high-end apartments on the top levels and a public observation deck at the very top. The resident population of the tower could be 25,000.
The Russia Tower is billed as an environmentally friendly project, maximizing natural ventilation and lighting, with solar cells, the collection of rainwater and snow to reduce water demand and the recycling of energy between areas with varying levels of demand. In addition, atria several floors high are to be spaced throughout the building’s central core and decorated with plants, providing the luxury apartments on the upper floors with private gardens in the sky.
The construction of the tower is expected to cost about $1.5 billion; of this about $150 million to $200 million would be supplied by ST Towers. Plans for the tower have been approved and it should be finished by about 2010. Construction has not yet started.
PLOT 17 AND 18: MULTI-PURPOSE OFFICE-HOTEL COMPLEX
The multipurpose complex will include two towers (80 and 78 floors), with a common underground space for parking. The high tower will contain office premises and the second tower will be a hotel.
The complex will also contain a roof-top restaurant with a panoramic view, cafes and bars, conference halls and billiard club. The architect is Skidmore, Owinds, and Merrill LLP. No dates have yet been announced.
PLOT 19: NORTHERN TOWERS
An office complex is being developed on this plot by ZAO Severnaya Bashnya. The Northern Towers will consist of three buildings – two 12-storey and one 29-storey. These will contain 135,000m² of floor space.
The architect is Project Institute 2 and the construction engineer is Bau Holding Strabag AG (Austria). Interior design in the building will be carried out by ABD Limited, and legal services with regard to lease documents are provided by PricewaterhouseCoopers.
The first phase of Northern Tower is scheduled for shell and core delivery by the fourth quarter of 2006. The marketing and leasing campaign has already started. Raiffeisenbank has agreed to become the first tenant of the complex.
Northern Tower will feature spectacular atriums, prime office premises and a multi-level parking for 688 cars. There will also be a multi-functional conference hall for up to 200 people, banking premises, restaurants and cafes, a fitness centre with a swimming pool operated by Reebok, a professional dental clinic and a beauty parlour.
POWER PLANT CONSTRUCTION
The power supply for the new MIBC has been a subject of much contention among foreign investors. The complex requires an efficient power distribution system operating at 20kV rather than the more typical 10kV.
CITY JSC and power supplier Mosenergo JSC put forward a proposal in 1999 to the Moscow City Government to develop a new power network for the MIBC, mini-metro, metro junction core, Eurostation and Sheremetyevo-Moscow Rapid Transit System.
The power and heat supply for the MIBC will be provided from three sources: the Mosenergo power station ‘SS-CITY-1’; the district heat and power station ‘Krasnya Prsnya’; and the MIBC power plant on Plot 7A, which entered its first phase of construction in 2002–2003 and is now well into its second phase with completion expected in 2006.
Having established the power supply sources, the next part of the project was the bulk power and distribution network to support the MIBC. Phase 1 of the MIBC power plant has seen the construction of a Gas Turbine Unit (GTU) and Heat and Power Plant (HPP) with a capacity of 50MW and a substation with two transformers for 110V from 20kV and 110V from 10kV and two 63MVA distribution units. The next phase will see an increase of capacity up to 100MW.
The developers of the power plant are CITY JSC and CITY-ENERGO Company Ltd. The contractors for the project are Liard-Stroy Ltd and the designers of the plant were Mosproekt-2 and VNIPI Energoprom.
TRANSPORTATION CONSTRUCTION
The Moscow–Sheremetyevo line is the first phase of the RTS to connect the three satellite airports to the centre of Moscow. This first line, 34.3km in length, will provide interconnectivity between the airport, regional centres and urban junctions and also interconnect with the existing municipal transport system. The project was started in 2001 and eight stations were planned. This stage is now complete.
The developer for the RTS is CITY JSC in collaboration with the City of Moscow; the designer is SNC Lavalin of Canada. The Phase 2 section of the project to extend the line to cover Vnukovo Airport was started in 2004 and is now nearing completion (scheduled to open in 2007).
The RTS development not only concerns rail links to the new commerical centre of Moscow but it is also a development in its own right. The Plot 11 development will include the construction of the new Moscow transport terminal uniting the RTS, three lines of the underground and the intercity bus terminal.
The complex will include transport stations with waiting rooms, boarding areas for VIPs, a hall of customs inspection, left-luggage offices, a 342 room hotel and ticket offices.
For this section of the development Citer Invest B.V. of the Netherlands is the developer, Behnish and Behnish Architekten of Germany are the architects. The investment is $200 million and construction is underway with an expected completion in 2007.
MINI-METRO LINE
A mini-metro line was also constructed to provide transportation within the MIBC and to connect with the historical centre of Moscow. There are three stations, one constructed in Phase 1 of the project and two in Phase 2. The three stations are Dorogomilovskaya, International and Moscow – City.
The length of the line is 5.85km. The engineering and transport contractors were Metrogiprotrans JSC. The line along with the International and Moscow – City stations came into operation in September 2005.
Related Projects
More Projects
Tutor Perini wins Honolulu rail transit project’s CCGS contract
Danaher & walsh wins regeneration project in waltham cross, peab wins apartment renovation project in tromsø, construction starts on bull run filtration facility in us , sign up for our daily news round-up.
Give your business an edge with our leading industry insights.
Sign up to the newsletter
Your corporate email address.
World Construction Network In Brief
I consent to Verdict Media Limited collecting my details provided via this form in accordance with Privacy Policy
Thank you for subscribing
View all newsletters from across the GlobalData Media network.
Commercial Permits: New Buildings and Additions
Updated: Aug 15, 2024
A Commercial (or Non-Residential) Building Permit and/or Zoning Permit approval is required for development activity associated with an apartment, office, and/or commercial uses. Development activity involving a new structure, change of use, addition, fit-up, or alteration/repair that qualifies as a Tier One Site Plan as referenced in the Unified Development Ordinance (UDO).
This process ensures that all commercial construction complies with N.C. State Building Code and the Unified Development Ordinance as applicable.
Applications received for New Buildings and/or Additions will be triaged for completeness prior to being processed for review.
Before Submitting an Application
- Is your project located in a Historic District or designated as a Raleigh Historic Landmark? If so, you are required to submit a Certificate of Appropriateness to the Raleigh Historic Development Commission (RHDC). Approval from the RHDC may be required prior to submitting your permit application.
- Detailed code review will not begin until application submittals have been deemed complete by customer service staff. It is important that all required information is submitted for a project, and it is the applicant’s responsibility to be informed of the prerequisites.
- You must be registered in the permit portal before you can manage your project, pay fees, or schedule inspections. Learn more about how to register on our portal help page.
- Obtain a recorded map of the property, if available, for new buildings, additions, change of use, and site reviews. If there is no recorded map, a copy of a current signed and sealed survey, in addition to the property description on file with the Wake County Register of Deeds , will be accepted.
- Establish an address. Contact the GIS Addressing Team at 919-996-4471 for address assignments.
- Obtain approved site permit drawings, administrative site review, or preliminary subdivision, if applicable.
- For Food Service, Pool, Institution etc. Please obtain a HSIPOP # from Wake Environmental .
- Changing the use or occupancy of a building or portion of a building? Schedule a 20-minute virtual meeting with a Zoning and Building reviewer. During the meeting staff will determine if there is a proposed change of use and/or occupancy; the proposed use is allowed; and if additional building or zoning documents are required with submittal. Please visit our Commercial Permits: Change of Use webpage for submittal requirements.
Prepare Application Materials
The below application forms and supporting documents are required for this project type:
- Complete the Non-Residential Permit Application .
- Complete the Non-Residential Permit Checklist .
- Provide a proposed suite layout (for multi-tenant buildings only).
- For water meter and/or sewer service requests, you must fill out the Utility Connection portion of the Permit Application and identify all meter sizes or the size of the sewer service requested.
- If new utility stubs are requested, you must fill out the Utility Stub portion of the application.
- Provide a completed Building Code Summary Sheet .
- Special Inspection Statement
- Third Party Inspections
- Alternate Material, Design, or Methods
Submittal Instructions
At this step, your application materials should be ready to assemble. Please take note of the instructions below, applications that do not meet these criteria will not be accepted:
- Only PDF file types will be accepted unless other file types (such as image, Excel, or CAD) are specifically called for as part of the application submittal process.
- .ZIP files are not allowed.
- Only one file should be associated with each discrete document included with the application package. For example, if an application requires 1) an application form , 2) a set of plans, and 3) a calculation report, the applicant should transmit these as three separate files.
- All PDF sheets must be the same size.
Tips for Submitting Commercial Permit PDF Files:
- Submit one PDF file containing a non-residential permit application.
- Submit one PDF file containing a non-residential permit checklist.
- Submit one PDF file containing commercial drawings.
- Submit one PDF file or file folder with all other supporting documents (truss drawings, calculations, etc.).
To submit follow the steps in our helpful online application guide . All application forms and supporting documents must be attached as PDFs. Applicants may add all relevant information and update plans and documents in the portal for the reviews to start quickly.
Project Review and Permitting
Applicants will be notified by email when a project is processed. Standard review times are available to view online . Plan review comments can be viewed any time via a registered account in the Permit and Development Portal .
Plans that are ready for permit issuance but have incomplete contractor information will be kept at the Planning and Development Customer Service Center for up to six months. After six months, the plans will be considered invalid, and the application will be voided. An administrative fee may be incurred when projects are voided.
Please visit Final Review for more information on final approval and permit issuance requirements.
Inspections can be scheduled via the permit portal.
Paying Fees
A Plan Review Fee is due prior to project review. All other permit fees are due when permits are ready for pick up.
The Development Fee Guide provides a detailed list of specific development fees.
- It is recommended that fees be paid via the Permit Portal .
- All major credit cards and eCheck payments are accepted.
- If you have questions, please contact the Customer Service Center .
A fee calculator may be used to obtain an estimate of some building and trade permit fees.
Other Helpful Documents
Document |
---|
Planning and Development Customer Service Center 919-996-2500 [email protected]
Related Articles
This feedback widget is not intended for customer service issues.
This feedback is reviewed monthly to help us improve our site. For immediate customer service please refer to our staff directory .
![business plan of building construction BizWest](https://bizwest.com/wp-content/uploads/2024/03/BizWest_logo-2.png.webp)
Multifamily building permits drop as interest rates rise
![business plan of building construction business plan of building construction](https://bizwest.com/wp-content/uploads/2024/05/255530thSt2.png.webp)
While you may be seeing apartment buildings multiplying throughout Northern Colorado, all indicators show that construction is slowing — heavily.
Year-to-date values of multifamily units are down across the board by double digits in Greeley, Longmont, Loveland and Windsor, according to city building permit reports. Builders have pulled exactly zero multifamily building permits in Broomfield through June, versus 41 last year at the same time worth $179 million. And Fort Collins’ multifamily building is starting to slow.
It is a little hard to fathom a slowdown given the enormity of ongoing multifamily construction you may see every day. But current construction may just be the result of 2023 building permits working their way through the system.
SPONSORED CONTENT
![business plan of building construction business plan of building construction](https://bizwest.com/wp-content/uploads/2024/07/Screenshot-2024-07-16-at-11.58.51 AM.png.webp)
Delivering better health care and value for Colorado small businesses
As Colorado’s leading nonprofit1 health plan and one of the state’s largest health care providers, Kaiser Permanente is a one-stop-shop for health care and coverage.
“In general, the industry determined after COVID there was a need for rental, and we had a lot of national companies come in and build apartments up and down the Front Range, and it just met the need,” said Don Burchett, planning manager for the city of Longmont.
Multifamily building permits are so far a fraction of the 2023 construction activity in Northern Colorado. As an example, Loveland builders through June pulled 50 permits for multifamily construction versus 699 multifamily units in the first half of 2023. Windsor builders have pulled 39 permits through June versus 122 last year at the same time. Likewise, Greeley builders pulled permits for 56 apartment units through June versus 505 last year at the same time.
![business plan of building construction business plan of building construction](https://bizwest.com/wp-content/uploads/2024/08/Screenshot-2024-08-14-at-2.10.12 PM.png.webp)
That’s lining up with an expected slowdown across the nation through 2025, according to Statista.com.
“In recent years, the multifamily market has expanded exponentially and in 2021, the value of multifamily lending reached over $487 billion. With 42 percent of the total U.S. market in 2021, the multifamily real estate investment market was even bigger than the office market,” Statista reported.
Just a week ago, the National Association of Homebuilders reported that developer confidence was low on multifamily construction.
“Multifamily developers are less optimistic than they were at this time last year,” Tom Tomaszewski, president of The Annex Group and chairman of NAHB’s Multifamily Council, said in a prepared statement. “Some are struggling with particular local regulations, but the main reason it’s difficult to get projects started is high interest rates.”
Each city differs in Northern Colorado. Fort Collins developers are spending more time developing infill projects, as there is little available land left. Consequently, their numbers are down. Longmont has a mix of both infill and greenfield multifamily going up. Firestone is actually experiencing a bit of a boom.
Fort Collins chief building official Marcus Coldiron said while numbers are down just about 7% in Fort Collins, it seems to indicate normal operations.
“I’m not really seeing much slowdown outside of what I’d generally link to normal market volatility and trends throughout the year,” Coldiron said. “I still think there is some open space in northeast Fort Collins and there is still a decent amount of infill lots. We’re seeing a trend targeting some of the infill lots to densify and place larger, taller buildings than we typically would have.”
Loveland director of development services Brett Limbaugh said there are a number of entitlements going through the process which will equate to roughly 5,000 single- and multifamlily units in Loveland’s northwest area, but there are no building permits just yet.
“We are ready to construct those when the market is ready, and I have a feeling that the market is making another course correction,” Limbaugh said.
Burchett of Longmont said the city will likely see a downturn through 2026, given today’s numbers, as it takes from six to nine months to fully move projects through the city’s process.
Greeley officials, however, see a bright light at the end of the tunnel.
“Currently, there are roughly 10,000 multifamily units and 5,000 single-family units in the entitlement process, which runs from initial subdivision or site plan application to building permit to ready for occupancy,” Don Threewit, planning manager for the city of Greeley, said in email responses to questions. “Building these units is subject to market forces and each developer’s business plan. Based on historic average growth rates and household sizes, we could see anywhere between 700 and 5,000 units in 2025.”
Greeley multifamily saw a huge drop (67%) in value in 2023. Through June 2024, multifamily permit values dropped again by 79% from the same time last year.
Greeley officials had anticipated a return to normal in construction-activity levels this year, akin to a five-year average.
“Affordability and mortgage interest rates are the most likely culprit for slowed activity in single-family,” Threewit said in his email responses. “Increased lender apprehension for multi-family in the region may signal a sense of saturation, and in Greeley specifically, inventory of buildable land is currently high.”
The NAHB chief said the market will work out if interest rates are cut.
“There is no doubt that interest costs and limited financing availability are making it difficult to develop multifamily properties,” NAHB chief economist Robert Dietz said in a prepared statement. “However, financial markets may become more stable later in the year, as recent weak economic data make it more likely the Fed will cut interest rates.”
Innovation, however, has a way of rearing up when the market is down. And it might be a welcome site — even in the “most affordable” city in Northern Colorado.
“Single-family build-to-rent neighborhoods are entering the arena, as are multi-generational units, and shared ownership arrangements are increasing among market entrants,” Threewit said in his email. “Interest rate reductions are a temporary fix to a very broken market, and will help usher existing potential buyers off the sidelines (and likely out of multifamily).”
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!
Processing your subscription now!
If you canceled your payment, click here to close this window.
If you processed a payment and this page does not reload in 10 seconds, please reach out to Bruce Dennis at 303-630-1953 for additional assistance.
Related Posts
The mystery around whether Sears would return to the Foothills Mall appears to have come…
AURORA — Rising interest rates aren’t just impacting the consumer, as Aurora’s American Financing Corp.…
Mortgage rates have been trending down in recent months, which is creating money-saving opportunities in…
Sharon Dunn
![business plan of building construction Sharon Dunn](https://bizwest.com/wp-content/uploads/2024/05/Dunn-Sharon-round.png.webp)
![business plan of building construction](https://commercialobserver.com/wp-content/themes/observer-unchained/images/co_logo_white.png)
- Account Details
- Email Preferences
- Member FAQs
© 2024 Observer Media · Terms · Privacy
NYC Sidewalk Sheds Are Costing Businesses Thousands Each Month: Report
By isabelle durso august 14, 2024 3:25 pm.
Sidewalk sheds and scaffolding shadowing Manhattan’s streets are costing Gotham more than just an unsightly streetscape.
Manhattan businesses located in buildings with sidewalk sheds see Mastercard cardholders spend between $3,900 and $9,500 less every month, according to a study commissioned by New York City and conducted through Mastercard.
Businesses most negatively impacted by the scaffolding include restaurants and bars, which reported a 3.5 percent to 9.7 percent decrease in “weekly transactions in the six months following shed construction,” the study released Wednesday found.
“Too many businesses throughout New York City have been shrouded by hundreds of miles of sidewalk sheds and scaffolding, some of which have been up for decades,” Mayor Eric Adams said in a statement. “Those sheds may have gone up to keep people safe, but they’re still up because it’s cheaper for building owners to leave them up than to fix their buildings. That’s bad for public safety, bad for our city, and, as this study shows us, bad for business, too.”
Scaffoldings have been a common fixture of the city — with some remaining up for decades — thanks to Local Law 11. The rule requires most New York City buildings to repair their facades — and build a sidewalk shed in the process — every five years, Commercial Observer previously reported .
For years, local politicians have called for a slate of changes to Local Law 11, and, in July 2023, Adams and Department of Buildings Commissioner James Oddo revealed their “Get Sheds Down” plan aimed at getting sidewalk sheds removed from buildings quicker. As part of those new policies, the city will penalize building owners who leave sidewalk sheds up too long and add fees to renew permits for the sheds, the mayor previously said.
There are more than 4,000 scaffoldings on the streets in Manhattan alone, and over 230 scaffolds across the entire city have been up for more than five years, CO previously reported .
Adams said on Wednesday that his administration has already taken down 173 miles of existing sidewalk sheds in the past year, as well as removed 259 long-standing sheds — which had been up for over five years — from streets. That included a shed in Harlem that had been standing for more than 21 years.
“I think most New Yorkers intuitively knew that a gloomy sidewalk shed has a negative impact on storefront businesses, but, thanks to this study, we now have data to back that up, in plain dollars and cents,” Oddo said in a statement. “Sidewalk sheds are an important safety tool to protect the public from unsafe building conditions, but when building owners leave them up for years on end while repairs languish, it robs New Yorkers of vibrant streetscapes and takes money out of the pockets of small business owners.”
Aside from penalties for leaving a shed up too long, Adams’s proposed solutions also include allowing a wider variety of colors on sidewalk sheds and brighter lighting requirements for the scaffolding, the mayor said.
The New York City Department of Buildings also announced plans last year to hold a design competition for new sidewalk sheds that are “more visually appealing” while still “offering critical overhead protection from any potential hazards,” the mayor’s office said last July .
A more visually appealing sidewalk shed isn’t a brand new idea. Back in 2011, then-Mayor Michael Bloomberg also held a sidewalk shed design competition, won by contractor Urban Umbrella , which designs alternatives to traditional sidewalk scaffolding in the city.
In January 2022, Urban Umbrella announced that it had raised $6.5 million in venture debt and had installed its scaffolding at 100 sites throughout the city.
Isabelle Durso can be reached at [email protected] .
Argent Sells 16% Stake in Crowne Plaza Hotel to Michael Loeb for $53M
Kamala harris targets apartment rent increases in first policy speech, loews, metlife list hollywood hotel for $40m discount, fred ohebshalom’s empire management faces foreclosure at 250 fifth avenue hotel.
![business plan of building construction Vice President Kamala Harris Speaks In Houston](https://commercialobserver.com/wp-content/uploads/sites/3/2024/08/Kamala-Harris-GettyImages-2163028230-WEB.jpg?quality=80&w=370)
By Andrew Coen
![business plan of building construction JP Morgan Chase CEO Jamie Dimon and One High Line.](https://commercialobserver.com/wp-content/uploads/sites/3/2024/08/Jamie-Dimon-One-High-Line-The_XI_Chelsea_008-WEB.jpg?quality=80&w=370)
J.P. Morgan, Tyko Capital Provide Nearly $1.2B in Financing for Chelsea Luxury Towers
By isabelle durso.
![business plan of building construction Image of a triangular building that looks like the logo for Airbnb.](https://commercialobserver.com/wp-content/uploads/sites/3/2024/08/240809-co-airbnbcondos-artwork-WEB.jpg?quality=80&w=370)
Developers Team With Airbnb Right From the Start to Fill Condos
By david m. levitt.
![Preview of the downloaded sample plan asset Preview of the downloaded sample plan asset](https://web-cdn.paloalto.com/bplans/sample-business-plans/default-plan-download-hero.png?format=auto&width=433&height=432)
Free Download
Building Construction Business Plan Template
Download this free building construction business plan template, with pre-filled examples, to create your own plan..
Or plan with professional support in LivePlan. Save 50% today
Available formats:
![Word Icon Word Icon](https://web-cdn.paloalto.com/bplans/downloads/redesign/word-icon.png?format=auto&width=32&height=32)
What you get with this template
A complete business plan.
Text and financials are already filled out and ready for you to update.
- SBA-lender approved format
Your plan is formatted the way lenders and investors expect.
Edit to your needs
Download as a Word document and edit your business plan right away.
- Detailed instructions
Features clear and simple instructions from expert business plan writers.
![Money-Back Guarantee Money-Back Guarantee](https://web-cdn.paloalto.com/bplans/downloads/redesign/mbg-icon.png?format=auto&width=24&height=31)
All 100% free. We're here to help you succeed in business, no strings attached.
Get the most out of your business plan example
Follow these tips to quickly develop a working business plan from this sample.
1. Don't worry about finding an exact match
We have over 550 sample business plan templates . So, make sure the plan is a close match, but don't get hung up on the details.
Your business is unique and will differ from any example or template you come across. So, use this example as a starting point and customize it to your needs.
2. Remember it's just an example
Our sample business plans are examples of what one business owner did. That doesn't make them perfect or require you to cram your business idea to fit the plan structure.
Use the information, financials, and formatting for inspiration. It will speed up and guide the plan writing process.
3. Know why you're writing a business plan
To create a plan that fits your needs , you need to know what you intend to do with it.
Are you planning to use your plan to apply for a loan or pitch to investors? Then it's worth following the format from your chosen sample plan to ensure you cover all necessary information.
But, if you don't plan to share your plan with anyone outside of your business—you likely don't need everything.
More business planning resources
![Man stacking bricks Man stacking bricks](https://web-cdn.paloalto.com/bplans/sample-business-plans/resources-images/start-plan.png?format=auto&width=549&height=242)
How to Create a Business Plan Presentation
![Variety of books Variety of books](https://web-cdn.paloalto.com/bplans/sample-business-plans/resources-images/plan-presentation.png?format=auto&width=548&height=241)
How to Start a Business With No Money
![Stacks of boxes Stacks of boxes](https://web-cdn.paloalto.com/bplans/sample-business-plans/resources-images/plan-outline.png?format=auto&width=550&height=241)
Simple Business Plan Outline
![Woman climbing mountain Woman climbing mountain](https://web-cdn.paloalto.com/bplans/sample-business-plans/resources-images/how-to-write.png?format=auto&width=275&height=121)
How to Write a Business Plan
![Group of business people Group of business people](https://web-cdn.paloalto.com/bplans/sample-business-plans/resources-images/plan-for-investors.png?format=auto&width=544&height=240)
How to Write a Business Plan for Investors
![Variety of icons Variety of icons](https://web-cdn.paloalto.com/bplans/sample-business-plans/resources-images/10-qualities.png?format=auto&width=550&height=241)
10 Qualities of a Good Business Plan
![Industrial building Industrial building](https://web-cdn.paloalto.com/bplans/sample-business-plans/resources-images/industry-guides.png?format=auto&width=275&height=121)
Industry Business Planning Guides
![Business Plan Template example Business Plan Template example](https://web-cdn.paloalto.com/bplans/sample-business-plans/resources-images/plan-template.png?format=auto&width=275&height=121)
Business Plan Template
Download your template now
Need to validate your idea, secure funding, or grow your business this template is for you..
- Fill-in-the-blank simplicity
- Expert tips & tricks
We care about your privacy. See our privacy policy .
Not ready to download right now? We'll email you the link so you can download it whenever you're ready.
Download as Docx
Download as PDF
![LivePlan on a computer LivePlan on a computer](https://web-cdn.paloalto.com/bplans/downloads/redesign/liveplan-computer.png?format=auto&width=225&height=165)
Finish your business plan with confidence
Step-by-step guidance and world-class support from the #1 business planning software
![Garrett's Bike Shop Garrett's Bike Shop](https://web-cdn.paloalto.com/oim-units/investor-pitch/garrett-card.png?format=auto&width=267&height=185)
The quickest way to turn a business idea into a business plan
Fill-in-the-blanks and automatic financials make it easy.
No thanks, I prefer writing 40-page documents.
![LivePlan pitch example LivePlan pitch example](https://web-cdn.paloalto.com/bplans/lp-footer/garrett.png?format=auto&width=265&height=151)
Discover the world’s #1 plan building software
![business plan of building construction](https://web-cdn.paloalto.com/bplans/lp-footer/minimize-white.png?format=auto&width=20&height=12)
Ukraine war latest: Safety 'deteriorating' at Zaporizhzhia nuclear power plant after drone strike
Zaporizhzhia is the largest nuclear facility in Europe and has been occupied by Russian soldiers since the early stages of its war with Ukraine.
Sunday 18 August 2024 00:45, UK
- Drone strike on Ukrainian nuclear power plant sees safety deteriorate
- Zelenskyy says Ukraine inflicting 'maximum damage' on Russian forces in Kursk
- Kyiv refutes 'insane Russian propaganda' campaign warning of Ukrainian dirty bomb
- Kyiv used Western rockets to destroy Russian bridge, says Moscow
- Putin's forces capture territory in Donetsk - amid Ukrainian strikes on region
- 'We could lose': Russian state TV commentators gloomy over Kursk
- Sean Bell: Humiliated Putin will respond ruthlessly to Ukrainian masterstroke
- Michael Clarke : Pokrovsk in real trouble as Russian troops advance
- Listen to the Daily above and tap here to follow wherever you get your podcasts
Ukrainian President Volodymyr Zelenskyy has praised the UK's "true leadership" in its support of Ukraine - but warned "the situation has slowed down recently" as it pushes into Russian territory.
In his nightly video address, he stressed it is "crucial that our partners remove barriers that hinder us from weakening Russian positions in the way this war demands".
He promised to "intensify our diplomatic efforts" amid the Kursk incursion, naming the UK, US, and France as key targets.
It comes amid speculation Germany is planning to halve its Ukrainian aid budget next year.
Mr Zelenskyy finished his X post by saying: "Throughout this war, we've seen the UK demonstrate true leadership—in arms, politics, and support for Ukrainian society.
"This has saved thousands of lives, reflecting the strength of the UK."
But he added: "Unfortunately, the situation has slowed down recently.
"We will discuss how to fix this because long-range capabilities are vital for us. The whole world sees how effective Ukrainians are—how our entire nation defends its independence."
In a Sunday Express interview, Defence Secretary John Healey endorsed Ukraine using British weapons inside Russia - as long as it keeps within international law.
The UK "should be proud" British weapons are being used by Ukraine – including inside Russia, the defence secretary has said.
John Healey told the Sunday Express that he is happy for weapons to be used over the Russian border, providing international law is maintained.
He told the newspaper: "Let me be very clear: under Article 51 of the UN Charter, Ukraine has a clear right of self-defence against Russia's illegal attacks.
"Providing international law is followed, that does not rule out operations inside Russia."
He added: "We should be proud of Britain's support for Ukraine's struggle.
"We should be proud that British-donated equipment, in the hands of brave Ukrainians on the front line, is helping them to defend their country and push back Putin."
Ukrainian troops crossed into the Russian border region of Kursk on 6 August in a bid to divert the Kremlin's military focus away from the frontline in Ukraine.
On Thursday, Ukrainian forces claimed to have seized the town of Sudzha, six miles from the border.
The UK is one of Ukraine's leading military donors, providing lethal and non-lethal weaponry, including tanks, air defence systems, and long-range precision strike missiles.
Safety at Ukraine's occupied Zaporizhzhia Nuclear Power Plant is deteriorating after a drone strike on the road surrounding it, the International Atomic Energy Agency (IAEA) said on Saturday.
Earlier today, the IAEA Support and Assistance Mission to Zaporizhzhia (ISAMZ) team was informed that an explosive carried by a drone detonated just outside the plant's protected area.
A visit by the team found no casualties and no damage to nuclear equipment - but the surrounding road and gates were impacted.
The impact site was close to the essential cooling water sprinkler ponds and about 100m from the Dniprovska power line, the only remaining 750-kilovolt line providing a power supply to the plant, the team said.
IAEA Director General Grossi commented: "Yet again we see an escalation of the nuclear safety and security dangers facing the Zaporizhzhia Nuclear Power Plant.
"I remain extremely concerned and reiterate my call for maximum restraint from all sides and for strict observance of the five concrete principles established for the protection of the plant."
The ISAMZ team has reported heightened military activity in the area over the past week.
Germany plans to halve its military aid to Ukraine in 2025, according to a parliamentary source.
Chancellor Olaf Scholz is instead planning to use money generated from frozen Russian assets in Germany to support Ukraine's war against Russia, the source told AFP on Saturday.
It is not planning "any additional aid" to the $4.4bn (£3.4bn) already set aside in next year’s budget, the source added.
But Germany's foreign ministry denied the claims on X on Saturday.
"Rumours that Germany stops its support to #Ukraine are wrong," a post read.
"We stand with Ukraine & will support Ukraine as long as it takes.
"Since the beginning of Russia's war of aggression, Germany has supported Ukraine with €34 billion.
"This year, we will provide military aid north of €7 billion."
Germany is Ukraine's second biggest military donor, providing £6.8bn in aid this year.
The leader of Russia's Chechnya region has appeared in a video threatening to send a Telsa into Ukraine – while praising Elon Musk.
Ramzan Kadyrov, who is known for extravagant publicity stunts, posted the video of himself on Telegram.
It shows him driving a Tesla Cybertruck, seemingly with a machine gun strapped to the roof.
He says he will send the vehicle into the Ukrainian conflict zone, before praising the company's chief executive Elon Musk.
Mr Kadyrov describes Musk as the "strongest genius of modern times", inviting him to Chechnya.
"We... await your future products that will help us finish the special military operation," referring to the Kremlin’s term for the Ukraine war.
Two Italian journalists who angered Moscow with a TV report from Ukrainian-controlled parts of Kursk will return to Italy for their own safety, according to Italian state broadcaster RAI.
Russia's foreign ministry summoned Italy's ambassador yesterday over what it called an "illegal border crossing" by the RAI crew.
The interior ministry was planning to open criminal cases against the two journalists, posted Baza, a Telegram channel close to Russian law enforcement.
"The company decided to make journalist Stefania Battistini and cameraman Simone Traini return temporarily to Italy, solely to ensure personal safety and security," RAI said.
"Journalism is not a crime. The Moscow authorities' possibility of putting Stefania Battistini and Simone Traini on trial is unacceptable. Reporting is not done with prior authorisations," RAI union Usigrai and Italy's national press union FNSI said in a joint statement.
A four-person RAI crew, working under Ukrainian military escort, produced the first foreign media report from the war-damaged Russian town of Sudzha last week.
Italy's foreign ministry said its ambassador Cecilia Piccioni had explained to the Russian authorities that RAI and its news teams acted independently and autonomously.
The two reporters are scheduled to fly back to the northern Italian city of Milan tomorrow.
Security and defence correspondent Deborah Haynes was at the site of a missile strike in Sumy city this morning.
Residents described being awoken by a huge explosion.
One said the blinds across her window saved her from glass shattering as a result of the blast.
Watch more below...
Washington appears to be effectively blocking the UK from permitting Kyiv to fire Storm Shadow missiles inside Russia, The Times reports.
The UK has been waiting for US approval for over a month, a government source said.
The British government wants Ukraine to use the weapons as they wish, but consensus is required between the US, France and another unnamed NATO country.
A government source stressed to The Times that the UK was not blaming the US for any delay.
Britain was the first country to publicly supply Kyiv with long-range cruise missiles.
While it has permitted the use of British tanks and other weapons on Russian soil, restrictions remain on the missiles.
A British source previously said Ukrainian troops are thought to have used British Challenger 2 tanks inside Kursk.
Ukraine's success in Kursk has shown the West it does not need to take an incremental approach to Russia, says Ukrainian MP Oleksiy Goncharenko.
Kyiv's allies need to approve the use of Western weapons to strike deep inside its territory, he said.
He added the incremental style of Western support has only drawn out the war.
"Watch the Russian reaction. For more than one week, for the first time since the Second World War, Russian territory is occupied. And what is the reaction? Just some mumbling from Putin," said Mr Goncharenko.
"I hope that this will help us to convince our allies that Ukraine is capable of big successes and to win this war, so finally our hands will be untied," he said, adding Ukraine needs permission to use the UK's Storm Shadow missiles deep into Russian territory.
"I think this incremental style is very, very bad."
He continued: "Russia only understands one language, the language of force, and Ukraine has shown it now."
Kyiv has dismissed "insane Russian propaganda" alleging that Ukraine plans to carry out nuclear attacks.
Moscow has accused Ukraine - without providing any evidence - of gearing up to attack Kursk nuclear power plant and developing a "dirty bomb"; an explosive used to scatter radioactive waste.
The Russian defence ministry said Ukraine would blame Moscow and that it would respond harshly in the event of such an attack.
The allegations were "dangerous lies" and Ukraine officially denies them, said Ukrainian foreign office spokesperson Heorhii Tykhyi.
"We are witnessing another surge of insane Russian propaganda."
He continued: "Ukraine has neither the intention nor the ability to carry out any such actions. Russia must stop spreading dangerous lies.
"Ukraine has always been and remains a loyal member of the NPT (Non-proliferation treaty).
"We do not have any 'dirty bombs' and do not plan to acquire them."
Vladimir Putin made similar allegations shortly before launching the invasion of Ukraine in February 2022. Then, in March the same year, Moscow alleged Ukraine was going to use a dirty bomb. Neither claims were borne out.
Russia also alleged a Ukrainian drone dropped an explosive charge on a road outside the Zaporizhzhia nuclear power plant in Ukraine this morning.
Its Russian management posted an image to Telegram showing several men in IAEA jackets surrounding a dent in the road the width and depth of a pothole.
Both Russia and Ukraine have accused eachother of close calls with drones and rockets at the power plant since Russia occupied it.
Be the first to get Breaking News
Install the Sky News app for free
![business plan of building construction business plan of building construction](https://news.sky.com/assets/ui-graphics/ui-app-promo-apple-app-store.png)
![](http://writinghelp.online/777/templates/cheerup/res/banner1.gif)
COMMENTS
Business Overview. VB Residential Construction Company is a startup construction company located in Milwaukee, Wisconsin. The company is founded by two cousins, Victor Martinez and Ben Schmidt. Together they have over 20 years of experience in constructing homes from design concept, remodeling and renovating homes.
However, with this step-by-step guide on writing construction company business plan, you will uncover every detail that goes into making a fantastic and purpose-serving business plan. 1. Write an executive summary. The executive summary is a concise yet insightful description of your entire business plan.
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 proceeded at a red-hot pace for several years running.
The Plan. Our construction contractor business plan is meticulously structured to include all essential aspects necessary for a robust strategy. It outlines the company's operations, marketing strategy, market environment, competitors, management team, and financial projections. Executive Summary: Presents an overview of your construction ...
Construction Company Business Plan Template. If you want to start a construction business or expand your current one, you need a business plan. Over the past 20+ years, we have helped over 10,000 entrepreneurs and business owners create business plans to start and grow all types of construction businesses, including commercial construction, building construction and residential construction.
Cash at End of Period. $22,548. $66,375. $141,831. Download This Plan. Explore a real-world construction business plan example and download a free template with this information to start writing your own business plan.
Building Construction Business Plan. Concrete Installation, a start-up concrete form-work contractor, hopes to garner public construction contracts. Commercial Contractor Business Plan. Twin Brothers Construction is a start-up provider of construction and renovation services for commercial properties.
Tradify is the best construction business management software that runs all your jobs from start to finish. Bring together all your enquiries, estimates, quotes, jobs, staff, invoices, and more — all in one place, across every device. Save time and eliminate stress with Tradify! Try Free for 14 Days! Every construction business, new or ...
Starting a building construction business can be a rewarding venture, but it requires careful planning and execution. A well-structured business plan is essential for success in this highly…
Crafting a thorough construction business plan is crucial for establishing a clear path and securing the success of your venture. Here are the six key components of a construction business plan: Executive summary. Business name and domain name. Market analysis and research. Operations plan.
5 Pillars of a Contractor Business Plan. 1. Develop a System to get a Ton of Potential Projects and Client Leads. 2. Develop an Estimating Team That Can Bid Jobs Fast. 3. Develop a Follow-Up System to Negotiate and Close Sales. 4.
The following construction business plan template gives you the key elements to include in an effective business plan. It can be used to create a commercial construction business plan, a general contractor business plan or business plans for residential construction, building construction or industrial construction.
Here are six key components of a successful construction business plan. 1. Executive summary. An executive summary is an overview of your construction business plan. Think of it as the CliffsNotes version of your business plan—it gives readers the basics of your business's goals, financial projections, strategies, and more.
MS Word. Pages. Size: A4, US. Download Now. With a clean lime-green design, this construction business plan sample is the right choice when starting a construction business. This template is also supported by Google Docs and man other file formats. This template will help you get the necessary details right as needed.
13. Startup Expenditure (Budget) The Total Fee for incorporating the Business in New York: $750. The budget for Liability insurance, permits and license: $5,000. The Amount needed to acquire a suitable Facility with enough space in Grand Rapids, Michigan (Re - Construction of the facility inclusive): $500,000.
Whatever construction work you do whether it be commercial construction, landscaping, maintenance or building construction, your services alone won't be enough to attract investors and clients.With a business plan, companies will be able to attract potential investors to help get their company from the ground up.Construction companies in particular sometimes need investors to get their ...
Retail Hardware Store Business Plan. Solar Water Heater Distributor Business Plan. Surveyor Instrument Business Plan. Tools Rental Business Plan. As an experienced construction worker, architect, or engineer, you know how vital a detailed plan is for success. It provides a path forward for even the most technical projects to be streamlined ...
Function. The Building Safety Division is responsible for building permit administration, plan reviews, inspections, building code administration, and outreach. We provide life safety assurance and solution-oriented services to the City through the application of professional skills and adopted standards.
C O N T A C T. The spiraling 246m high Evolution Tower is located on plots 2-3 of Moscow-City high-rise business district on Presnenskaya Embankment of Moscow river. New multi-function center occupies the territory of 2.5ha in area, 2ha of which is a landscaped terraced civic plaza, the integral part of the new city piazza, the central open ...
The first major building constructed in the MIBC project on Plot 1 was the Bagration Bridge (pedestrian bridge) and mall, completed in 1999. The second project was the Tower 2000 office complex, a multi-use business complex begun in 1996 and completed in 2001. The building is 106m high and has 30 storeys above ground and four storeys below.
The Moscow International Business Center (MIBC), [a] also known as Moscow-City [b] and Moskva-City, [1] is a commercial development in Moscow, the capital of Russia.The project occupies an area of 60 hectares, [2] and is located just east of the Third Ring Road at the western edge of the Presnensky District in the Central Administrative Okrug.Construction of the MIBC takes place on the ...
A Commercial (or Non-Residential) Building Permit and/or Zoning Permit approval is required for development activity associated with an apartment, office, and/or commercial uses. Development activity involving a new structure, change of use, addition, fit-up, or alteration/repair that qualifies as a Tier One Site Plan as referenced in the ...
Follow these tips to quickly develop a working business plan from this sample. 1. Don't worry about finding an exact match. We have over 550 sample business plan templates. So, make sure the plan is a close match, but don't get hung up on the details. Your business is unique and will differ from any example or template you come across.
Why Harris's Plan to Help First-Time Buyers by Building 3 Million Homes Is Unlikely to Get Done By Joe Light Updated Aug 16, 2024, 4:44 pm EDT / Original Aug 16, 2024, 11:06 am EDT
Multifamily building permits are so far a fraction of the 2023 construction activity in Northern Colorado. As an example, Loveland builders through June pulled 50 permits for multifamily construction versus 699 multifamily units in the first half of 2023. Windsor builders have pulled 39 permits through June versus 122 last year at the same time.
Sidewalk sheds and scaffolding shadowing Manhattan's streets are costing Gotham more than just an unsightly streetscape. Manhattan businesses located in buildings with sidewalk sheds see Mastercard cardholders spend between $3,900 and $9,500 less every month, according to a study commissioned by New York City and conducted through Mastercard.. SEE ALSO: Otto Environmental Takes 60K SF at ...
The scale of the new building is expected to reach 114 feet in height, with each of the 11 floors currently designed to be a little more than 26,000 square feet in size, resulting in a structure ...
Follow these tips to quickly develop a working business plan from this sample. 1. Don't worry about finding an exact match. We have over 550 sample business plan templates. So, make sure the plan is a close match, but don't get hung up on the details. Your business is unique and will differ from any example or template you come across.
Ukraine's foreign ministry describes "Russian propaganda" that its forces are planning to use dirty bombs or attack nuclear power plants in the Kursk region are "crazy". Russia's defence ministry ...