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How to Start a Construction Business | Free Book PDF Download

Starting a Construction Business

 

How to Start a Construction Business - Free Book


Are you considering starting a Construction Business? if yes, you'll find this free book to be extremely helpful.

This is a practical guide that will walk you step by step through all the essentials of starting your business. The book is packed with guides, worksheets and checklists. These strategies are absolutely crucial to your business' success yet are simple and easy to apply.

The Single Most Important Ingredient for Business Success

The first and most important thing you need to acquire in order to succeed in a small business is... knowledge.

Sounds exaggerated? Listen to this...

According to research conducted by Dun & Bradstreet, 90% of all small business failures can be traced to poor management resulting from lack of knowledge.

This is backed up by my own personal observations. In my 31 years as a business coach and consultant to small businesses, I've seen practically dozens of small business owners go under and lose their businesses -- not because they weren't talented or smart enough -- but because they were trying to re-invent the wheel rather than rely on proven, tested methods that work.

Conclusion: if you are really serious about succeeding in a business... If you want to avoid the common traps and mistakes... it is absolutely imperative that you acquire the right knowledge.

"Why Invent Mediocrity, When You Can Copy Genius?"

That's an excellent quote I picked up from a fellow business owner a few years back. What this means is that you should see what is working and try to duplicate it. Why go through all the trouble of inventing something new, that you don't even know will ever work, when you can easily learn from and duplicate something that has been a proven success?

[ Note: One of the BIGGEST mistakes almost all new businesses make is that they WASTE tons of valuable time, energy and money on trying to create something "new", that has never been tested or proven... only to find out later that it was a total loss. Don't make the same mistake! ]

Hi! My name is Meir. I'm the founder and president of BizMove.com, a successful Internet based information business. I'm also the author of numerous books, mostly in the area of small business management.

I've been involved in small business for the past 31 years of my life, as a business coach, manager of a consulting firm, a seminar leader and as the owner of five successful businesses.

During my career as a business coach and consultant I've helped dozens of business owners start their businesses, market, expand, get out of troubles, sell their businesses and do practically every other small business activity you can think of.
You see, I have been there .... done it ... and bought the Small Business t-shirt! -- This free book contains techniques and strategies I've learned during my 31 year small business career.

Here's what you'll discover in the 'How to Start a Construction Business' book:

How to determine the feasibility of your business idea - a complete fill in the blanks template system that will help you predict problems before they happen and keep you from losing your shirt on dog business ideas.

A detailed manual that will walk you step by step through all the essential phases of starting your business

A complete business plan template. This fill-in-the-blanks template includes every section of your business plan, including Executive Summary, Objectives, SWOT Analysis, Marketing Analysis and Strategy, Operations Plan, Financial Projections and more (a similar template is sold elsewhere for $69.95).

All this and much much more.

Success Tip: Setting Goals

Good management is the key to success and good management starts with setting goals. Set goals for yourself for the accomplishment of the many tasks necessary in starting and managing your business successfully. Be specific. Write down the goals in measurable terms of performance. Break major goals down into sub-goals, showing what you expect to achieve in the next two to three months, the next six months, the next year, and the next five years. Beside each goal and sub-goal place a specific date showing when it is to be achieved.

Plan the action you must take to attain the goals. While the effort required to reach each sub-goal should be great enough to challenge you, it should not be so great or unreasonable as to discourage you. Do not plan to reach too many goals all at one time.

Establish priorities. Plan in advance how to measure results so you can know exactly how well you are doing. This is what is meant by "measurable" goals. If you can’t keep score as you go along you are likely to lose motivation. Re-work your plan of action to allow for obstacles which may stand in your way. Try to foresee obstacles and plan ways to avert or minimize them.

Click here! to download your book for free (PDF version)

Here're other free books in the "how to start a business" series that may interest you:

Agriculture Assisted living Auto repair Bakery Bar Beauty salon Bed and breakfast Bookkeeping Boutique Bowling alley Carpet cleaning Car wash Catering Cattle farming Charity Cleaning Coffee shop Computer repair Construction Consulting Convenience-store Cupcake Daycare Dental Dog daycare Ecommerce Electrical Embroidery Engineering Farm Fashion Film Financial advisor Fitness center Flower-shop Food Food truck Franchise Frozen yogurt Furniture store Gas station Goat farming Grocery store Gym Hairdressing Hair salon Ice cream Insurance agency Interior design Internet Internet cafe IT Jewelry Landscaping Laundromat Laundry Law firm Magazine Manufacturing Microbrewery Motel-hotel Music Nightclub Nonprofit Nursery Online-retail Photography Pizza Plumbing Poultry farming Preschool Printing Private investigator Pub Real-estate Resort Restaurant Retail School Security company Service Software Spa Sports-bar Startup Supermarket Travel agency Trucking Vegetable-farming Website

Here's a Sample 'Executive Summary' for a Construction Business plan:

Introduction
COMPANY NAME plans to become the leading provider of concrete formwork services in the area. This means always having the best and most efficient facilities, processes, and people. To achieve this, COMPANY NAME is investing in many ways that will pay off in competitive advantages for its customers.
The company's overall strategy will be based on a continuing improvement process of setting objectives, measuring results, and providing feedback to facilitate further growth and progress.
COMPANY NAME is a California sole-proprietorship company established in 1991.  INSERT NAME leads the company team with over thirty years of experience in the concrete construction industry.
Products/Services
COMPANY NAME has developed sophisticated formwork solutions for some of the most complex construction projects being done today. The company's standard form systems are versatile and completely adaptable to a variety of configurations such as Y-walls, shafts, and circular walls.
COMPANY NAME can adapt to almost any construction requirement that calls for forming. The company's expert staff has the capability to design and manufacture any custom component or accessory item that may be required to complete the formwork package.
The primary function of the Company is to provide concrete and construction work for residential homes and commercial businesses. 
The purpose of this plan is to attain grant funding in the amount of $300,000 to pay down existing short and long-term debt, upgrade equipment, purchase a metal building and to add additional employees to assist in the work demands.

1.1 Objectives

COMPANY NAME has the following objectives.

1. Work efficiently and effectively - The company prides itself in doing the job right the first time. Completing work in a timely basis within budget. The Company has been in business since 2001 and guarantees the work.

2. Expand Territory - The Company currently works in the Ukiah, California area and is one of the largest in Mendocino County. The Company would like to expand to the surrounding areas and service more clientele.

3. Customer Service - Give our customers the highest quality service.

4. Hire Construction Employees - The Company wants to hire additional employees in 2010 and one in 2011. COMPANY NAME prides itself as a company people want to work for. The company will offer a fair hourly pay with benefits and pension plans.

5. Purchase Trucks and Equipment - The Company wants to update the truck fleet and pay off existing debt on equipment.

1.2 Mission

The mission of COMPANY NAME is to provide quality service at competitive pricing.  COMPANY NAME wants to remain one of the largest concrete construction companies in Mendocino County and aims to expand to surrounding territories.

1.3 Keys to Success

V keys to success are:

  • Over 30 years of experience in the concrete and construction industry.  
  • An understanding of what must occur for the success of the project at time of completion as well as long term. 
  • Have the well rounded knowledge and skill to successfully complete any project. 
  • Guarantee of the company using the highest grade of materials available. 
  • Proper staffing to complete jobs on a timely basis and within budget.

COMPANY NAME is a California based sole-proprietorship company formed in 1991.
The primary function of the Company is to provide concrete and construction work for residential homes and commercial businesses. 

2.1 Company Ownership

The company, COMPANY NAME, is a sole proprietorship registered DBA by the owner, INSERT NAME.  Some thought has been given to incorporating COMPANY NAME, but a decision has not yet been reached.

2.2 Company History

COMPANY NAME was formed in the State of California in 1991. The Company was formed and owned 100% by INSERT NAME.  The Company is run by INSERT NAMES. 

COMPANY NAME consistently provides innovative quality products and services that meet builder and homebuyer expectations and satisfies all codes, regulatory and safety requirements.

From site preparation to the inspection of the finished slabs, COMPANY NAME highly skilled team delivers full value and service to projects large and small.

COMPANY NAME was founded in 1991 by INSERT NAME, a member in the community of Ukiah, California for 55 years.
Dedicated to satisfying customers, INSERT NAME has created a successful company which serves Mendocino County and its surrounding counties.
Together with his team of professionals they have poured thousands of yards of concrete.
With over 30 years of concrete experience, many long working days, a supportive family, he continues to still be number one in Northern California in customer satisfaction and service.

Table: Past Performance

Past Performance

 

 

 

 

2007

2008

2009

Sales

$756,322

$722,339

$608,873

Gross Margin

$568,029

$539,959

$464,965

Gross Margin %

75.10%

74.75%

76.36%

Operating Expenses

$433,578

$417,978

$343,708

 

 

 

 

Balance Sheet

 

 

 

 

2007

2008

2009

 

 

 

 

Current Assets

 

 

 

Cash

$0

$0

$0

Other Current Assets

$0

$0

$0

Total Current Assets

$0

$0

$0

 

 

 

 

Long-term Assets

 

 

 

Long-term Assets

$300,000

$300,000

$300,000

Accumulated Depreciation

$0

$0

$0

Total Long-term Assets

$300,000

$300,000

$300,000

 

 

 

 

Total Assets

$300,000

$300,000

$300,000

 

 

 

 

Current Liabilities

 

 

 

Accounts Payable

$0

$0

$0

Current Borrowing

$0

$0

$40,918

Other Current Liabilities (interest free)

$0

$0

$0

Total Current Liabilities

$0

$0

$40,918

 

 

 

 

Long-term Liabilities

$300,000

$250,000

$189,212

Total Liabilities

$300,000

$250,000

$230,130

 

 

 

 

Paid-in Capital

$0

$0

$0

Retained Earnings

($64,512)

($11,649)

$1,214

Earnings

$64,512

$61,649

$68,656

Total Capital

$0

$50,000

$69,870

 

 

 

 

Total Capital and Liabilities

$300,000

$300,000

$300,000

 

 

 

 

Other Inputs

 

 

 

Payment Days

0

0

0



3.0 Services

COMPANY NAME can be adapted to almost any construction requirement that calls for forming. The company's expert staff has the capability to design and manufacture any custom component or accessory item that may be required to complete the formwork package.
Owners, developers, construction managers, general contractors, and concrete subcontractors have realized substantial savings in labor and material costs by using structural contours construction methods, systems and equipment. Applications include commercial and residential structures, educational projects, recreational projects, civil projects, tunnels, utility projects, environmental projects, and virtually every other type of concrete construction.
COMPANY NAME formworks will offer major advances, complete adaptability, and high strength-to-weight ratio, and all at cost effective prices. Assembly will be quick and easy. During form use, maintenance will be minimal. COMPANY NAME will recommend, as a safety precaution, occasional inspection for bolts and nuts that may have loosened from handling.
The required formwork drawings that COMPANY NAME will furnish to the contractor eliminate all guesswork. The company will specify the order of assembly and erection including the location of the strong backs and joists, the location and actual loading of the form ties, location of all accessories and advise clients of the maximum allowable rate of concrete placement.
Accident prevention is the cornerstone of COMPANY NAME safety commitment. The company will strive to eliminate foreseeable hazards which could result in personal injury or illness; at COMPANY NAME, health and safety will not be compromised. The company will sell its services clients in the area of commercial construction.

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