Construction Business Plan Template
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.
You can easily download the Construction business plan (including a full, customizable financial model) to your computer here <–
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.
Easily complete your construction business plan! Download the construction business plan template (including a customizable financial model) to your computer here<–
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
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:
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, balance sheet, cash flow statement, 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
Other Business Plan Templates
Food Truck Business Plan Template
Event Venue Business Plan Template
© 2023 PlanBuildr.com
Business Planning
Financial forecasting, see how upmetrics works →, strategic planning, entrepreneurs & small business, accelerators & incubators, business consultants & advisors, educators & business schools, students & scholars.
- Sample Plans
Business Plan Course
Strategic canvas templates, e-books, guides & more.
- WHY UPMETRICS?
Customers Success Stories
- Sample Business Plans
- Real Estate & Rentals
Construction Company Business Plan
Are you thinking of starting a construction company We have prepared a sample construction company business plan that guides you on every stage of your business plan writing
If you have the right knowledge and skills for getting into construction, you might have thought of starting your own construction business at least once.
After all, having your business can give you authority and the freedom to work with your dream clients and it is a lucrative business for sure.
But at the same time starting and running a construction company is no mean feat and takes a lot of work and accountability.
So, to help you through your daily business activities and long-term business goals you’ll need a construction company business plan. A business plan makes your life easier and lets you focus on what really matters in your business.
Industry overview
The US construction industry stood at a market value of 1.36 trillion dollars in 2020 and was expected to decline in 2021. But instead, it experienced a wave of recovery and continues to grow even now.
The major reason for the growth of the construction sector is the resumption of construction projects, be it residential or commercial. Also, new projects keep coming up due to the rapid urbanization and increasing need for space all around the country.
However, before you dive right into it, you should plan it, down to the last detail. A business plan would help you in avoiding roadblocks and failures. It would act as a guide that would help your company rise as high as the skyscrapers you build.
If the above idea sounds interesting, read on to find out how a business plan can help you and how to write a construction company business plan.
Things to Consider Before Writing a Construction Company Business Plan
Get necessary licenses and permits.
A construction business requires several permits depending upon the state you are working in and a few documents that are common all over the country. The main reason behind this is the nature of the work that requires proper attention to safety requirements.
But getting all the legal documents can look like a lot of work, especially when your business is going on in full swing. Hence, it is a better practice to make a checklist of all the necessary documents and get them before getting started.
Figure out the safety requirements
Safety requirements are another crucial aspect of starting a construction business. Figure out what are the tools and measures you’ll need to have to ensure the safety of your workforce and other people on construction sites. It helps you avoid accidents and injuries that can be prevented by taking necessary measures.
Get the right workforce and equipment
A skilled workforce is the biggest asset of your construction firm. They can make or break a deal, and also decide what kind of reputation your business would have in the construction industry. Hence, it is important to hire a skilled workforce and make sure they get the right equipment to work with.
Know your target audience
Knowing your target audience and their preferences is crucial for any business. As a construction company, knowledge about your target audience comes in very handy when you are pitching for projects. Hence, try to know all the relevant things about your target audience.
How can a construction business plan help you?
Though you might believe that having the right knowledge of equipment and personnel is the only thing important for running a construction business, good business practices and a proper business plan are equally important.
A business plan can help you in planning your finances, organizing your business structure, having a hassle-free operational strategy, and knowing your customers better. All in all, it can make your life less chaotic and run your business smoother and easier.
So if you want to conduct your business smoothly, read on to find out how to write a business plan.
Chalking out Your Business Plan
A good construction business plan consists of several different aspects that are common to all business plans and several that are specific to a construction business.
And though writing a business plan might seem like a time-consuming process initially, it can save you a lot of time and trouble later on. To write a well-rounded business plan you can either use a premade template or an online business plan software, that would help you write a flexible and dynamic plan.
Before you start writing your business plan for your new Construction Company, spend as much time as you can reading through some samples of real estates business plan templates .
Our sample HDFL – Construction Company Business Plan can help you with writing a well-rounded business plan for your business. It can act as a guide and prevent you from getting stuck in a certain section for too long.
Construction business plan outline
This is the standard construction company business plan outline which will cover all important sections that you should include in your business plan.
- Mission Statement
- Management and Personnel
- Business Overview
- Industry Analysis
- Market Trends
- Business Fit in the Industry
- Management and Organizational
- Organization
- Hiring Plan
- Risk Management
- Accounts Payable
- Description of Product and Services
- Affordability
- Life Cycles/Seasonality
- Location/Distribution
- Price/Quality Relationship
- Promotional Strategies
- Projected Profit and Loss
- Projected Cash Flow
- Projected Balance Sheet
What to Include in a Construction Business Plan?
A good construction business plan consists of several sections, the major ones are as follows:
1. Executive Summary
The executive summary section forms the first page of your business plan and is the most important one to get you funded.
It consists of an overview of all the major sections of your business plan and a good executive summary would help you win an investor’s confidence and get your business funded.
It summarises the following sections:
2. Mission Statement
A clear and concise mission statement helps your clients resonate with your company and business idea. It gives out a clear message of what values you stand for as a company. Hence, writing a good mission statement is important for the success of your business.
It would consist of the following sub-segments:
- Goals and objectives
3. Market Analysis
Analyzing the market comes in handy while making several business decisions as it helps you in knowing the market and the industry better. It helps you in understanding the pitfalls of your business, its strengths as well as what your competitors are doing.
It would consist of the following subsections:
- Market Segmentation
4. Management and Organizational Structure
This section would include details about your company’s organizational structure as well as the levels of management of your firm. You must also include your firm’s work as well as the roles and responsibilities of your team members in this segment.
For example, you should include which person is responsible for onboarding clients, who are responsible for dealing with architects and hiring construction workers, who are responsible for overlooking the construction process, etc.
- Organizational Management
- Record keeping
- Risk management
- Hiring plan
5. Marketing Plan
A good marketing strategy makes you memorable for your clients. It helps you reach out to your target audience , creates a brand image, and makes you stand out from your competitors.
A well-rounded marketing plan consists of the following sub-segments:
- Description of services
- Marketing strategy
- Advertising strategy
- Sales strategy
6. Financial Plan
A good financial plan is key to running a successful and profitable business. One cannot emphasize enough on planning your finances in the initial stages of your business, it helps you immensely as your business experiences growth or setbacks.
A financial plan decides the measure of your business’s success, and a good one consists of the following aspects:
- Projected profit and loss
- Projected balance sheet
- Projected cash flow
Construction Business Plan Summary
In conclusion, a good business plan can help your construction company prosper. It can help you deal with all the hiccups your business goes through and set out a clear road map for your business journey. So, if you want to start a construction company go ahead and start planning.
After getting started with Upmetrics , you can copy this construction business plan example into your business plan and modify the required information and download your construction business plan pdf or doc file. It’s the fastest and easiest way to start writing your business plan.
Business Planning Resources
We have plenty of free business planning resources available to help you with your planning. You can download our resources to learn all about business planning.
FREE TEMPLATES
Not found what you are looking for? Explore our 200+ sample business plans to find match for your business.
DISCLAIMER: The business plans, templates, and articles contained on upmetrics.co are not to be considered as legal advice. All content is for informational purposes, and upmetrics makes no claim as to accuracy, legality or suitability. The site owner shall not be held liable for any errors, omissions or for damages of any kind.
Plan your business in the shortest time possible
No Risk – Cancel at Any Time – 15 Day Money Back Guarantee
Please fill out the form below and we'll contact you shortly.
We care about your privacy. See our privacy policy
Download Your Template Now
We care about your privacy. See our Privacy Policy
Installment loans come with attractive interest rates and provide secured and unsecured options and flexible repayment terms tailored to Read More
Understanding the differences between revolving credit and installment credit is important for anyone who needs to borrow money, whether Read More
Business debt settlement is negotiating with creditors to reduce financial obligations owed. This is a popular option for entrepreneurs Read More
Late payments can remain on your credit report for seven years if you fail to make a payment entirely. Read More
Factoring is a type of financing that helps companies finance their inventory, manage cash flow, generate growth, and continue Read More
How to Write a Business Plan for Your Construction Company
Imagine that you have a treasure map: it details where a treasure is and what roads you need to take to get there. Without the map, there’s no way you’ll find that chest filled with gems and coins.
There’s no denying the importance of that map, right?
But when it comes to businesses… you’re not really looking for a treasure chest, you’re want to achieve success and help your company grow. Every business, no matter what type, size, or location, needs to know where it’s going and how it’s getting there.
The way to achieve this is not through a map. But through a business plan.
If you have a construction company, a business plan will help you set and accomplish goals for your business. Writing a business plan will help make sure that your business has a clear direction and growth strategy.
Learning how to write a business plan for your construction company is, fortunately, more straightforward than you probably think.
Let’s take a look at why you need a business plan and how you can write one for your construction business.
What is a Business Plan?
A business plan is a document that businesses use to guide their operations. It will help you establish goals for your construction company and plans to achieve those goals.
A standard business plan for a construction company typically includes sections such as:
- Executive Summary
- Company Description
- Market Research
The details in these sections will help ensure that you can effectively manage your construction company so that you may continue to grow and thrive in the competitive construction industry.
Why Do You Need a Business Plan for Your Construction Company?
Every construction company needs a solid business plan for a variety of reasons, including:
- Competition: The construction industry is very competitive. A business plan will help you research and compete against other construction companies in your area.
- Growth: A solid business plan will help you avoid stagnation by establishing clear milestones.
- Financing: Running a construction company is expensive . Every construction company will need to access funding at some point. A business plan will help you be approved for the financing you need to grow your business in the future.
These are just a few of the primary reasons why every construction business needs a business plan, but they aren’t the only ones.
From establishing a management structure to creating a marketing strategy, your construction company will rely on your business plan for many things.
Learning how to write a business plan for your construction company is not that complicated. First, you just need to research your market and your target audience. This will give you a clear picture of what information your business plan is going to have.
Next, you need to start writing. Any respectable business plan needs to have these sections:
1. Executive Summary
Most business plans start with an executive summary.
This is where you introduce your construction company, the company’s owners, and where you should give a brief overview of your company.
This section should include:
- Why you started your construction company
- What your goals are
- How your construction company fits into the market
- Where your plan to offer your services
- Projected profits and expenses
Keep this section brief. You’ll go into more detail in the later sections of your business plan.
2. Company Description
Your company description is essentially a more detailed version of your executive summary.
- What are your major expenses?
- Who are your competitors?
- What is your specialty (i.e., commercial or residential construction)?
This section is your opportunity to explain what your company is and why you expect it to be successful.
3. Market and Competition
You need to perform thorough market research to complete this section of your business plan.
This section should include items such as:
- Who your competition is (similar construction companies to yours in your area)
- How you can compete with them
- Where the best location for your company is
- Who your target customers are
- How you meet your customers’ needs
4. Services
You should create a list of services that your construction company provides and how much you charge for your services.
Services could include:
- Commercial building
- Design work
It’s vital to assess your market to determine what services you can offer to maintain constant work throughout the year.
5. Marketing
Every business, no matter what type, relies on a successful marketing strategy. This strategy should be explained in your business plan.
This can include:
- Marketing budget
- Social media
- Your website
6. Management
In this section, you should detail the management structure of your construction company.
You should be sure to explain:
- Who your management is
- What each person’s role is
- How much each person is paid
- Why each person is valuable to your business
This section will likely be shorter than other sections but is very important.
7. Finances
One of the most critical sections of your business plan is the finances section.
This is where you should include items such as:
- Operating costs
- Employee wages
- Expected sales
- Expected profits
- Business expenses
- Financial projections
Potential investors and lenders will need a clear picture of your construction company’s finances before making a decision.
This section will also help you create an adequate budget for your construction company.
Along with your finances section, you can include a part for financing.
From increasing cash flow to purchasing equipment, most construction companies require funding at some point.
In this section, you can include:
- How much funding you need
- What you need funding for
- How you can repay your loan
- How much funding you expect to need in the future
- How this funding will generate revenue for your construction company
This section will make it much easier for your construction company to find the financing you need in the future.
9. Appendix
Lastly, you can include an appendix, which should contain any documents or information that didn’t fit into any other sections.
This section is your chance to convey any information that you think will help investors or lenders better understand your construction company’s goals and intentions.
By following these steps and completing all the sections described above, you can get started on a comprehensive business plan for your construction company today.
If you need any help getting started, check out this excellent construction company business plan template from Bplans .
Consider a Business Loan to Grow Your Construction Company
Construction companies, like any other business, rely on business loans for several things, from purchasing equipment to hiring employees.
When writing the ‘funding’ section of your business plan, you should be able to determine how much financing you need and what you need it for.
Once you’ve done this, it might be time to consider applying for a business loan to increase your working capital and invest in the growth of your company.
Are you ready to invest in the growth of your construction company? We invite you to keep reading:
How to get a business loan for your construction company
At Camino Financial, we offer small business loans with favorable terms. Our fast approval times makes us one of the top choices for construction business owners like you, who usually have to wait longer than any other industry to receive payments from clients. Therefore, they need a quick solution that fills in the gap in cash flow.
With Camino, you could receive your funds directly deposited in your account in as little as two days!
Check if you qualify for a loan
- Latest Posts
Jordan Schneir
Latest posts by jordan schneir ( see all ).
- Best Credit Union for a Small Business - February 19, 2020
- Build your Future: Types of Home Construction Loans - February 13, 2020
- How to Set Up a Budget for Your Small Business - February 10, 2020
What Types Of Business Insurance Does Your Small Business Need?
As a business owner, you need to have different types of business insurance to keep your company protected in times of need Small business insurance is imperative to help your business get through tough times if they ever happen. It
What is a Credit Freeze? Can It Protect Your Credit?
If you own a small business, you should be aware of how important your credit score is. You may already have experience with checking your credit score or acquiring your credit reports. But what happens if someone tries to get your
Hiring New Employees? Use These Background Check Companies
Did you know that 84% of employers have found a lie or misrepresentation on a resume or job application? If you're hiring a new employee, then you probably don't want to end up in this group. Therefore, start using the services of the
How Long Does It Take To Build Credit?
How long does it take to build credit? An excellent credit history depends on your individual situation and the things you do, like paying on time, keeping your balances healthy, and not opening too many accounts. If you have no credit
Access your loan quote in minutes
Apply now to receive an instant quote for up to $75,000 without impacting your credit score, and funds to use in 48 hours.
February 16, 2023 | Camino Financial
Market demand guide: definition, how to find ....
February 24, 2023 | Camino Financial
Business failure: reasons why it can occur an....
How Does Inflation Affect Salary Increase
February 27, 2023 | Camino Financial
Installment loans: best options of 2023.
Installment Loans vs. Revolving Credit: Main ...
Sign up and post a comment or click here and sign in to your account.
Keep me logged in
Contractor Business Plans
Did you know each of these plans was created in LivePlan? Learn More
Business Property Inspection Business Plan
CorbelArch Real Estate Inspectors will provide thorough, unbiased, detailed, real estate and building inspections.
Carpet and Upholstery Cleaning Services
Like New Carpet Cleaning is a startup business which will sell carpet and upholstery cleaning services to home and condominium owners.
Commercial Contractor Business Plan
Twin Brothers Construction is a start-up provider of construction and renovation services for commercial properties.
Construction Business Plan
Fosse Commercial Contractors strives to offer the finest quality design, site preparation, cost estimates, construction, repair, and alteration to clients needing large scale construction services.
Construction Carpenter Business Plan
Miles Garden Carpentry will expand its current new construction business market focus to include garden remodels for existing homes.
Construction Irrigation Business Plan
Hass Irrigation Systems is a subcontractor providing home and yard irrigation systems for residentail new home construction.
Electrical Contractor Business Plan
Electrical Contractor Business Plan is a new electrical contracting firm that is dedicated in serving former Gardner and Miller customers, as well as expanding services to new customers in the tri-county area.
Handyman Maintenance Business Plan
HandyMan Stan is a start-up organization offering Duluth, Minnesota residents a complete handyman service.
Hardwood Floor Refinisher Business Plan
Wooderful Floors is a newly formed Pennsylvania-based L.L.C. that offers customers environmentally-sound wood floor refinishing options.
Lawn and Garden Services Business Plan
Fescue & Sons Yard Care is a new residential yard care service targeting rural, middle-class residents with large yards. Red Fescue, one of the owners, is also the primary employee.
Lawn Landscaping Business Plan
Greens Manicure Service is a start-up company providing residential lawn-care services.
Painting Contractors Business Plan
Barnum Painters provides interior/exterior painting of residential and commercial buildings.
Plumbing Business Plan
Water Tubes is a plumbing contractor company focusing on installation of plumbing systems in new residential constructions, both custom homes and tract development projects.
Septic Tank Contractor Business Plan
William's Environmental is a building contractor specializing in the installation, replacement and removal of septic tanks.
Starting a contracting business? A sample business plan for contractors will help you make sure you get all the details right. Give you business the best chance for success with a top-notch business plan.
If you’re looking to develop a more modern business plan, we recommend you try LivePlan . It contains the same templates and information you see here, but with additional guidance to help you develop the perfect plan.
Plan, fund, and grow.
Easily write a business plan, secure funding, and gain insights.
Achieve your business funding goals with a proven plan format.
Academia.edu no longer supports Internet Explorer.
To browse Academia.edu and the wider internet faster and more securely, please take a few seconds to upgrade your browser .
Enter the email address you signed up with and we'll email you a reset link.
- We're Hiring!
- Help Center
BUSINESS PLAN FOR THE SMALL CONSTRUCTION FIRM Management and Planning Series TABLE OF CONTENTS INTRODUCTION A Note on Using This Publication 1 What's in This for You? 1 Why Are You in Business? 1 What Business Are You In? 1
Loading Preview
Sorry, preview is currently unavailable. You can download the paper by clicking the button above.
RELATED TOPICS
- We're Hiring!
- Help Center
- Find new research papers in:
- Health Sciences
- Earth Sciences
- Cognitive Science
- Mathematics
- Computer Science
- Academia ©2023
Construction Business Plan Template
Executive summary.
Your executive summary provides an introduction to your business plan, but it is normally the last section you write because it provides a summary of each key section of your plan.
The goal of your Executive Summary is to quickly engage the reader. Explain to them the type of construction business you are operating and the status; for example, are you a startup? Or, do you have a construction business that you would like to grow?
Next, provide an overview of each of the subsequent sections of your plan. For example, give a brief overview of the construction industry. Discuss the type of construction business you are operating. Detail your direct competitors. Give an overview of your target customers. Provide a snapshot of your marketing plan. Identify the key members of your team. And offer an overview of your financial plan.
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
IMAGES
VIDEO
COMMENTS
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.
This is the standard construction company business plan outline which will cover all important sections that you should include in your business plan. Executive Summary Mission Statement Management and Personnel Marketing Financing Mission Statement, Goals, and Objectives Business Overview Mission Statement Goals & Objectives Goal 1 Goal 2
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.
A business plan is a document that businesses use to guide their operations. It will help you establish goals for your construction company and plans to achieve those goals. A standard business plan for a construction company typically includes sections such as: Executive Summary Marketing Company Description Market Research Management
Construction Business Plan Fosse Commercial Contractors strives to offer the finest quality design, site preparation, cost estimates, construction, repair, and alteration to clients needing large scale construction services. Construction Carpenter Business Plan
A business plan will help you increase your management skills. Because of the diversification in the construction industry, you may be engaged in residential, commercial or industrial construction. You may be either a general or a specialty contractor. Regardless of which field you're in, the same basic managerial skills are needed.
For example, give a brief overview of the construction industry. Discuss the type of construction business you are operating. Detail your direct competitors. Give an overview of your target customers. Provide a snapshot of your marketing plan. Identify the key members of your team.