This renovation contractor business plan template has 35 pages and is a MS Word file type listed under our business plan kit documents.
Sample of our renovation contractor business plan template:
Confidentiality Agreement The undersigned reader acknowledges that the information provided by [YOUR COMPANY NAME] in this business plan is confidential; therefore, reader agrees not to disclose it without the express written permission of [YOUR COMPANY NAME]. It is acknowledged by reader that information to be furnished in this business plan is in all respects confidential in nature, other than information which is in the public domain through other means and that any disclosure or use of same by reader may cause serious harm or damage to [YOUR COMPANY NAME]. Upon request, this document is to be immediately returned to [YOUR COMPANY NAME]. ___________________ Signature ___________________ Name (typed or printed) ___________________ Date This is a business plan. It does not imply an offering of securities. 1.0 Executive Summary 1 Chart: Highlights 2 1.1 Objectives 3 1.2 Mission 3 1.3 Keys to Success 3 2.0 Company Summary 3 2.1 Company Ownership 3 2.2 Company History 3 Table: Past Performance 4 Chart: Past Performance 5 3.0 Services 5 4.0 Market Analysis Summary 6 4.1 Market Segmentation 6 Table: Market Analysis 7 Chart: Market Analysis (Pie) 7 4.2 Target Market Segment Strategy 8 4.3 Service Business Analysis 8 4.3.1 Competition and Buying Patterns 9 5.0 Web Plan Summary 9 5.1 Website Marketing Strategy 9 5.2 Development Requirements 9 6.0 Strategy and Implementation Summary 9 6.1 SWOT Analysis 10 6.1.1 Strengths 10 6.1.2 Weaknesses 10 6.1.3 Opportunities 10 6.1.4 Threats 10 6.2 Competitive Edge 10 6.3 Marketing Strategy 11 6.4 Sales Strategy 11 6.4.1 Sales Forecast 11 Table: Sales Forecast 11 Chart: Sales Monthly 12 Chart: Sales by Year 12 6.5 Milestones 13 Table: Milestones 14 7.0 Management Summary 14 7.1 Personnel Plan 14 Table: Personnel 15 8.0 Financial Plan 15 8.1 Important Assumptions 15 8.2 Break-even Analysis 16 Table: Break-even Analysis 16 Chart: Break-even Analysis 16 8.3 Projected Profit and Loss 17 Chart: Profit Monthly 19 Chart: Profit Yearly 19 Chart: Gross Margin Monthly 20 Chart: Gross Margin Yearly 20 8.4 Projected Cash Flow 21 Table: Cash Flow 21 Chart: Cash 22 8.5 Projected Balance Sheet 23 Table: Balance Sheet 23 8.6 Business Ratios 23 Table: Ratios 24 APPENDIX Table: Sales Forecast 1 Table: Personnel 2 Table: Profit and Loss 3 Table: Cash Flow 4 Table: Cash Flow (Cont'd) 5 Table: Balance Sheet 6 1.0 Executive Summary [YOUR NAME] [YOUR COMPANY NAME] [YOUREMAIL@YOURCOMPANY.COM] [YOUR PHONE NUMBER] [YOUR COMPLETE ADDRESS] Introduction [YOUR COMPANY NAME] provides new home construction and remodeling. Each service is tailored to the client and their particular interests. Location [YOUR COMPANY NAME] is located in [YOUR CITY], [YOUR STATE/PROVINCE]. The Company [YOUR COMPANY NAME] provides home building, home renovation/addition, and consulting services. [YOUR COMPANY NAME] is a limited liability corporation owned by [YOUR NAME]. [YOUR NAME] brings 17 years of experience to the home building industry. Awards 2010 contractor of the year - Runner-up Company Affiliations North American Remodeling Industry (NARI) Builders Association of [YOUR STATE/PROVINCE] (BAM) Builders Association of the [YOUR CITY] (BATC) Better Business Bureau (BBB) Builders Blub [YOUR STATE/PROVINCE] 200 Services Home Building Design Home Renovation Additions Consulting In the near future the company will provide green energy construction. The Market The U.S. residential construction market was $363 billion in 2008, down 41% from its high of $620 billion in 2006. The home renovations market was $188 billion in 2008, down 18% percent from 2007. The target market consists of 11 communities including [YOUR CITY] with approximately 124,114 homes as potential customers for the Company. The construction market is quite competitive. [YOUR COMPANY NAME] will differentiate itself by providing exceptional service and ensuring quality over quantity for each project. Financial Considerations The marketing research and tailored marketing strategy described in this business plan will result in after-tax profits of $52,000 in 2011, increasing to nearly $192,000 in after-tax profits within three years. It is estimated that for the Company to break-even, $57,362 in revenue is needed and the cash from operations is projected to reach $1,600,000 by 2013. The Company will re-pay its Long-term liability in full by the end of 2013 to provide a stronger financial position. With the ability to generate the additional cash flow, it is assumed that the company will seek to use this asset to expand its markets and production capacity in future years. The major focus for funding: Small business funding Working with Habitat for Humanity within the community Donation of labor for rebuilding efforts in Haiti Hire new employees within the community; veterans, minorities and unemployed Company to become "LEED Certified" Promote construction with the use of "green" materials and applications for environmental and energy efficiency Chart: Highlights 1.1 Objectives [YOUR COMPANY NAME] has four main objectives: Continued growth as the Company has done since its inception almost ten years ago. Retain 75% or better sales rate. Become "LEED Certified" and build 2-3 new "Green" homes within 1st year of certification. Continue to expand sales with repeat clients and referrals. 1.2 Mission [YOUR COMPANY NAME]'s mission is to provide the customer with complete satisfaction when it comes to their project and satisfying all their needs at an exceptional value while completing the project in a timely manner. Whether it's a simple bathroom remodel or a whole house remodel all projects will be handled with the utmost professionalism. 1.3 Keys to Success [YOUR COMPANY NAME]'s keys to success include: Giving customers a positive experience that they didn't expect. Provide all the services needed to create a quality project. Create spaces that are inviting and showing the personality of the client. 2.0 Company Summary [YOUR COMPANY NAME] is headquartered in [YOUR CITY], [YOUR STATE/PROVINCE], and was established in 1998 by [YOUR NAME]. After starting his career with [YOUR NAME] in the early 90's as a fine craftsman/carpenter, [YOUR NAME] started his own company because he understood the importance of personally involving himself in the management in all aspects of the project. During its almost 10-year history, [YOUR COMPANY NAME] has completed a wide range of residential construction projects, from a custom remodel to luxury home construction. Each project is approached as being unique and individualized. 2.1 Company Ownership [YOUR COMPANY NAME] was established in 2001 as a Limited Liability Corporation. The Sole Owner of [YOUR COMPANY NAME] is [YOUR NAME]. 2.2 Company History The owner of [YOUR COMPANY NAME] has worked in the construction industry for approximately 17 years. The Company facility is approximately 400 sq. ft. and currently operates from the home office of [YOUR COMPANY NAME]. The office is comprised of one employee and the owner. [YOUR COMPANY NAME]'s sales for 2008, 2009, and 2010 were $211,962, $416,196, and $893,018, respectively. Earnings for this period were ($15,837), $11,457, and $83,146, respectively. The following table and chart shows the past financials for [YOUR COMPANY NAME]. Table: Past Performance Past Performance 2008 2009 2010 Sales $211,962 $416,196 $893,018 Gross Margin $0 $0 $0 Gross Margin % 0.00% 0.00% 0
