Develop Business Plan For A Limited Liability Company - 275 Words

Develop Business Plan For A Limited Liability Company (Other (Not Listed) Sample) Content: Executive SummaryIntroductionConcrete Installation LLC 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, Concrete Installation 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.Concrete Installation is a Nigerian Limited Liability company, with principal offices located in Abuja, Nigeria. Concrete Installation's management is highly experienced and qualified. Mr. Elabor leads the management team with over two years of experience in the construction industry.Products/ServicesConcrete Installation 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.The Concrete Installation system 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.The MarketThe housing industry has proceeded at a red-hot pace for several years running. An all-time record was set in 1998, when 886,000 new-site single family homes were sold. That represented a 10% gain from the robust total of 804,000 homes sold in 1997, and an 8.1% rise from the prior record of 819,000 units in 1977. Single-family housing construction accounted for #48 million of the total #125 million generated in the industry. This makes for an excellent opportunity to expand Concrete Installation operations and gain significant market share in its primary target market segment. The company also plans to focus to a lesser extent on the residential and heavy construction industry, which is also very robust at the moment.The company plans to rapidly develop marketing alliances with industry leaders and pursue new sales of its services to residential and commercial builders. The market strategy is to capitalize on Concrete Installation's alliances by securing city, county, and state contracts.Concrete Installation plans to use a direct sales force, relationship selling, and subcontractors to re ach its markets. These channels are most appropriate because of time to market, reduced capital requirements, and fast access to established distribution channels.Financial ConsiderationsWe expect to be profitable during the first year of operations. Despite initial large outlays in cash to promote sales, the company's cash account is expected to remain healthy. The company expects to earn approximately 1.5 million naira in revenue by Year 3.1.1 MissionThe mission of Concrete Installation is to provide quality service at competitive pricingCompany SummaryConcrete Installation is a Nigerian Limited Liability company, with principal offices located in Abuja and Kano. START-UP REQUIREMENTSStart-up ExpensesLegal #1000Stationery etc. #100Brochures #500Consultants #1,000Insurance #15,000Rent #500Expensed equipment #14,000Other #1,400TOTAL START-UP EXPENSES #33,000Start-up AssetsCash Required #132,000Start-up Inventory #0Other Current Assets #30,000Long-term Assets #20,000TOTAL ASSETS #182 ,000Total Requirements #215,000START-UP REQUIREMENTSStart-up ExpensesLegal #500Stationery etc. #100Brochures #500Consultants #1,000Insurance #15,000Rent #500Expensed equipment #14,000Other #1,400TOTAL START-UP EXPENSES #33,000Start-up AssetsCash Required #132,000Start-up Inventory #0Other Current Assets #30,000Long-term Assets 20,000TOTAL ASSETS #182,000Total Requirements #215,0002.1 SafetyConcrete Installation will be committed to conducting business in a manner that protects the health and safety of all employees, customers, and persons living in the community where it operates. To accomplish this, Concrete Installation will ensure that it complies with current Health Administration and Occupational Health and Safety laws and will maintain its operations, procedures, technologies, and policies accordingly. Each employee will have the responsibility to fully comply with established safety rules and to perform work in such a manner to prevent injuries to themselves and others. Concr ete Installation is very concerned about job-site safety and plans to set up a comprehensive safety program.ServicesThe Concrete Installation system 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, bridges, educational projects, recreational projects, civil projects, tunnels, utility projects, environmental projects, and virtually every other type of concrete construction.Concrete Installation's formworks will offer major advances, complete adaptability, and high strength-to-weight ratio, and all at cost effec tive prices. Assembly will be quick and easy. During form use, maintenance will be minimal. Concrete Installation will recommend, as a safety precaution, occasional inspection for bolts and nuts that may have loosened from handling.The required formwork drawings that Concrete Installation will furnish to the contractor eliminate all guesswork. The company will specify the order of assembly and erection including the location of the strongbacks 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 Concrete Installation's safety commitment. The company will strive to eliminate foreseeable hazards which could result in personal injury or illness; at Concrete Installation, health and safety will not be compromised. Concrete Installation will sell its services clients in the area of commercial construction.3.1 ApplicationsThe following appli cations are uses for Concrete Installation's services.FoundationsParking LotsParking GaragesLow Rise/Tilt-UpHigh RiseFlowable Fill/Soil DisplacementRetaining WallsMarket Analysis SummaryIndustry Statistics - Concrete WorkSpecial trade contractors primarily engaged in concrete work, including portland cement and asphalt.Estimated number of Nigerian establishments 30,214Number of people employed in this industry 230,338Total annual sales in this industry #21 millionAverage employees per establishment 8Average sales per establishment #7 millionEstablishments primarily engaged in manufacturing portland cement concrete manufactured and delivered to a purchaser in a plastic and unhardened steel.Estimated number of Nigerian establishments 5,798Number of people employed in this industry 89,662Total annual sales in this industry #19 millionAverage number of employees per establishment 17Average sales per establishment #6.5 million4.1 Market SegmentationThe housing industry has proceeded at a red-hot pace for several years running. An all-time record was set in 1998, when 886,000 new-site single family homes were sold. That represented a 10% gain from the robust total of 804,000 homes sold in 1997, and an 8.1% rise from the prior record of 819,000 units in 1977. Single-family housing construction accounted for #48 million of the total #125 million generated in the industry.Home sales strengthened even further during most of 1999's first 10 months. In that period, new single-family home sales increased by 4.8% on a year-to-year basis, to 791,000 units, according to the Nigerian Bureau of Statistics. Through October 1999, seasonally adjusted sales had exceeded 800,000 on an annualized basis in every month since the start of 1998.The record setting string of home sales since the second half of 1997 has forced builders to pick up the pace of their construction activity. During 1998, total starts increased by 9.7% to 1.62 million units. Starts for single family units moved u p 12 % for the year, and those of multifamily units were ahead by 1.5%. As an indication of building activity at year-end 1999, housing starts in November 1999 came in at a seasonally-adjusted annual rate of 1.6 million Strategy and Implementation SummaryThe company plans to rapidly develop marketing alliances with industry leaders and pursue new sales of its services to residential and commercial builders. The market strategy is to capitalize on Concrete Installation's alliances by securing city, county, and state government contracts.Concrete Installation will be committed to ensuring that the products used on its' customers job sites, everything from access scaff...