Twin Brothers Construction plans to be the leading provider of local renovation and construction services. The company’s strategy will continue to improve through the setting of objectives, measuring results and providing feedback that can be used to support growth and improvement.
TBC is a company that has its principal offices in the local region. Management at TBC is highly qualified and experienced. The brothers who will be leading the team are each more than twenty-five years old in the construction industry.
Products/Services
Through their years of experience, TBC’s owners have developed sophisticated bidding, scheduling and materials solutions for some of the most complex construction projects being done today. The company can adapt to a variety building configurations using flexible and flexible methods.
Utilizing the company’s construction methods, systems, and tools, developers, owners, builders, general contractors, sub-contractors, and construction managers can make substantial savings on labor and material. These applications can be used for residential and commercial structures.
The Market
For several years, the housing industry has experienced rapid growth. 1998 was a record year for the number of single-family homes sold on site. This represents a 10% rise from the solid total of 804,000 houses sold in 1997. Although there was a slight drop in the number from 2003, this makes for an excellent opportunity for future expansion of the industry.
Twin Brothers Construction hopes to quickly establish marketing alliances among industry leaders and increase its sales to residential and commercial builders. This marketing strategy will be focused on securing contracts with the federal, state, and local governments.
TBC intends to use direct sales force and relationship selling to reach its target markets. These channels are the most suitable because they offer a faster time to market, lower capital requirements, and easy access to established distribution channels.
Financial Considerations
In the second year’s first half, we anticipate passing the break-even mark. Although the initial cash expenditures were significant to promote sales, the cash account of the company is expected to be healthy. The company anticipates a sales revenue of approximately $772,000 and reasonable net profits for Year 3.
1.1 Mission
Our goal is be the best partner to our customers, suppliers, and employees. To realize our vision, it is important to strive for profitable growth and operational excellence.
1.2 Objectives
- Up to three construction projects can be established in the first year.
- To have at least two building renovations in progress by the end the first year.
- To locate and purchase our first rental building by the end of the first year.
- To achieve at least 7% profit by the second year.
1.3 Keys for Success
We believe the key to success is:
- To use the most up-to-date materials and equipment to build quality projects for customers and us.
- Educating customers and offering valuable advice during construction planning.
- Helping to confirm customer’s research about targeting markets and specific sectors.
- Supervise the logistics of a project. This can include booking local transportation, scheduling meetings, and so on.
- It is best to delegate the actual work of the project to qualified sub-contractors or third-party contractors.
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