Infiniti Research, a global market and strategic intelligence solutions provider, has announced the completion of their market analysis plan for a leading construction equipment manufacturer. The client is one of the most renowned construction equipment manufacturers in the United States.
Making a Profit in Construction The company has successfully operated in the Houston area for the past ten years working on both small and large scale construction, repair, and alteration projects focusing on residential contracting.
With the business boom that is occuring in our local area and the desire to improve overall profit margins, the company is planning to shift its target market from residential clients to the larger commercial customers.
This business plan will lay out our goals and tasks to make this transition successful and create enough market share to succeed in this highly competitive market.
In the original company was merged with another small scale local company, West General Contractors and the company began to bid successfully for larger scale projects.
As part of its growth and altered focus, FCC is planning on changing its charter from a limited liability company to a class C corporation registered in Texas.
This will allow FCC greater access to investment funds to fuel its growth. Services Fosse offers comprehensive services designed allow the company to do whatever it takes to finish a project. Some of these services include; design work, remodeling and alterations, permitting, site preparation, carpentry, cement foundations, painting, and plumbing and utilities installation.
In addition, skills Fosse lacks can be subcontracted. The Market The Houston area is booming at this moment, overall business growth during the past seven years has averaged approximately 9. This makes for a very attractive market for Fosse Commercial Contractors. We will be concentrating on the customers that will provide us with the greatest margin, in other words those clients desiring office building construction.
This is the fastest growing segment of commercial clients requiring our services.
The other categories that we will serve include the restaurant segment, the special facilities segment, and all other potential commercial clients. Significantly expand into the commercial and office building contracting market to improve profit margins and increase local market share.
Expand services and decrease costs by creating a permanent painting crew, as well as adding a bookkeeper and an accountant to our staff. Begin to market and offer services in the San Antonio area in preparation for opening an office there in Year 4. Fosse maintains the highest standards of service in the commercial construction industry.
In order to achieve a defendable position in this environment, Fosse must concentrate on the following tasks.
Secure at least five large scale commercial contracts over the next three years. Expand our customer base through expansion into other geographic areas to retain a sufficient level of profitability. In the original company was merged with another small-scale local company, West General Contractors, and the company began to bid successfully for larger scale projects.
The company plans to implement this change by the middle of Year 1.
As part of its growth and altered focus, FCC is planning on changing its charter from a limited liability company to a class C corporation registered in Texas, allowing greater access to investment funds to fuel its growth. Robert Fosse, who had worked in the residental construction business for ten years began his own company, Fosse Painting and General Construction in the Houston area.Construction Marketing Plan – MARKET ANALYSIS The Construction Industry Overview Statisticians and experts in the construction industry suggests that about 40% of construction projects are now fast – track construction unlike what is obtainable before the 21 st century.
Sep 27, · Market analysis and your business plan It’s smart to write a business plan, especially if you are beginning a new business venture. Even if you’re a sole proprietor or don’t intend to borrow any money to get your business off the ground, it’s important to have a clear plan in place/5(93).
Infiniti Research, a global market and strategic intelligence solutions provider, has announced the completion of their market analysis plan for a leading construction equipment manufacturer.
The client is one of the most renowned construction equipment manufacturers in the United States. Sample Construction Business Plan Template – 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.
Every business plan should include market analysis. This is one of the first and most important reasons to do a business regardbouddhiste.com whether you're just starting a new business or reviewing an. Use these six steps to create a simple, efficient and effective construction marketing plan that will help your construction business grow.
Developing a construction marketing plan and strategy is critical to the success of your organization.