Creating a business plan for your contractor business is essential to establishing a precise direction and a successful venture. This blueprint must be tailor-made to your industry. Your contractor business plan should be a guiding compass in establishing your business, charting a detailed path to success, and defining solutions to potential bottlenecks. You also want it to detail specific tactics to be employed and by whom to ensure efficient operations. Here are some services you should consider adding to improve and grow your contractor business plan.
1. Heating and Cooling
Heating and cooling are essential in every building, so consider including them in your contractor business plan, outlining your professional team endowed with both skill and experience. Take account of experts capable of providing an array of services such as installation of HVAC systems, emergency repairs, servicing, and maintenance. Demonstrate in your plan that the heating and cooling companies you intend to subcontract will strive to offer excellent services while priding on customer satisfaction by genuinely caring about and meeting customers’ air conditioning needs. Point to your technician’s attention to detail, result-oriented abilities, and dedication to finding and recommending the optimal solution to match your clientele’s space and lifestyle. In addition to high-quality services, emphasize the competitive pricing that will be equal in value to the services you’ll be providing.
2. Roof Construction
A critical and one of the largest parts of any building, a roof should be built to the highest standards to ensure proper function and aesthetics. In your contractor business plan, outline how your roofing services will address common small jobs such as leaks, cracks repair, and maintenance to the big jobs such as roof installation and replacement, and show how you intend to deal with the normal wear and tear to mitigate future damage. Ensure that all the licensing requirements and certifications of the professionals you’ll be working with are stipulated; their qualifications and insurance information are equally vital. Ensure that you provide a reference and write estimates for the various services you’ll offer. Capture that the professionals aim at executing an excellent job while saving the client’s money.
3. Concrete Materials and Other Supplies
Concrete materials are necessary for most construction jobs, and a construction project requires many other supplies. As you draft your contractor business plan, emphasize your goal to provide quality materials sourced from reputable manufacturers and a reliable concrete supplier. Before you subcontract suppliers, you should already have conducted extensive research to ensure rigorous standards of the products, all of which should be captured in the plan. This will build confidence in your prospective customers.
You also want to be concise about which materials you intend to deal with. To set you apart from your competitors, insert in the plan which accompanying services you’ll provide, for instance, free deliveries for every five bags of concrete. Get to the nitty-gritty of the material’s quality, pricing, and specifics like decorative concrete for pool decks or patios. The specificity of your blueprint guides you to keep efficiency and focus.
4. Truck Rental Services
Most construction projects require heavy-duty trailers like skid steer attachment rentals, construction trucks like pickups to pull or haul machinery and ferry tools, and other times to transport the workers. You must include these services in your contractor business plan. You can stipulate that you’ll handle special or customized uplifts, for example, by having an in-house uplifting crew as an extra accessory to your trucks. Write the specific trucks you have for rental, the minimum and maximum duration of time they can be hired out, and the price range since it’s hard to give precise figures due to the different nature of jobs there. Include details about insurance and the circumstances that would shift truck repair expenses, for example, to either party.
5. Excavation Services
In construction, excavation involves more than just hauling dirt around and also covers grading, trenching, and other tasks needed at site preparation. Your contractor business plan should indicate how you coordinate the professional team handling such heavy equipment. Excavation contractors often work alongside other construction teams on site, and it’s important to factor in collaborative estimate costs, like when working with a dump truck. Your business plan must include how your business will comply with financing and insurance requirements and safe job site standards as required by the Occupational Safety and Hazard Association (OSHA).
6. Water System Services
Reliable, available, and safe water is at the core of human health, whether for drinking, domestic use, or food production. In your contractor business plan, detail how you intend to install and supply superior water facilities that are apt for improved management of water resources while ensuring optimal reliability, sanitation, and hygiene. In your blueprint, demonstrate how you will innovate water systems that provide quality equipment and state-of-the-art billing to minimize operating costs while ensuring safety. Incorporate extra services such as water softener systems to remain competitive in the water service industry. You may also be interested in offering tank and pump installation services and installing a water supply for swimming pools and irrigation so that the blueprint covers both big and small jobs.
7. Post-Construction Clean Up
Debris and waste from a construction site after the work is done can be a menace if there’s no proper plan to dispose of it. Insert clean-up services in your contractor business plan, adding versatility to your contracting company. Include how you intend to accomplish high-level dusting and cleaning high windows as often needed by a range of clients.
Outline how your team will pay attention to often ignored details like horizontal edges, light fixtures, and hard-to-reach eaves. A clean-up will necessitate a dumpster rental, and it’s important to factor in such accompanying costs. Differentiate cleaning services unique to residential and commercial properties and how you intend to achieve each, leaving nothing but sparkling ceiling to floors.
8. Electric and Wiring
Electric and wiring services are very sensitive aspects of the construction business and an integral part of the building industry. Consider how your business will be most suited to manage electrical installations and repairs in your target market demographic. When you subcontract an electrical contractor, outline how your business will handle and charge for retrofitting versus installing new electrical systems. Include the technician’s skills and know-how, certification and licensing, and insurance. List provisions for special offers, warranties, and guarantees within the time limits and give stringent precautions, seeing that there’s a level of uncertainty when working with such a hazardous phenomenon.
The most important thing that will make a good plumber, aside from a certificate, is experience, someone who’s been in the field long enough to garner the expertise needed to figure stuff out. Include certifications, qualifications, authorization, and insurance in your contractor business plan. No one is drawn to unregistered and uninsured contractors since they’re more likely to make costly mistakes that cause major issues.
Write about payment, your business’s requirements before the task is completed, and any potential surcharges. Since an unforeseen problem may emerge even though the plumber has all the necessary tools, it’s important to be prepared for eventualities and have a plan for navigating such. Most people now want a smart house, and the same trend is increasingly being seen in commercial buildings. Once confident about their abilities, subcontract only a technologically savvy plumber.
10. Advanced Construction Technology
In these current times, your contractor business plan requires that you show how you’re adopting and embracing technology. There’s an assortment of Apps and software that can help your construction business boost project outcomes by minimizing errors and improving efficiency. Ensure you capture all that in your plan and how to enhance health and safety measures by preventing workers from entering danger zones.
Some include project tracking tools, Building Information Modeling, Construction Management Software, and 3D Modeling. Some challenges, like labor shortages that have hit the construction business, have resulted in technological solutions such as independent heavy machinery operated using sensors, drones, GPS, and 3D Models and directed to safely follow its preset path, making excavation quick and less costly. Ensure to include what you can comfortably offer and deliver.
11. Quality Hardscaping
Hardscaping refers to the man-made elements of your outdoor space, such as patios, sitting walls, pathways, fire pits, water features, retaining walls, landscape lighting, grill surrounds, and any other custom-built feature. Include in your contractor business plan the kind of hardscape installation and clientele needs you can meet precisely to bring out the quality appeal they expect since investing in a high-quality hardscaping design can completely transform any outdoor area. With more people appreciating nature, having an extension to the living space right outside is appealing. Ensure you give clients the options requiring minimal maintenance activities.
12. Pool Construction
Detail in your contractor business plan how you determine the feasibility of installing a pool in a client’s yard, guiding the reader through obtaining necessary permits and advising on purchasing the features required for their preferred design. Consider how many people will utilize the pool area and choose a type that best matches their lifestyle and personality. Make justifications for the different pool designs.
For instance, square-shaped pools are easy to clean, while other funky-shaped ones are more stylish. Say why indoor pools are easier to maintain than outdoor ones, which need extra care with the changing seasons. Consider a cool design, like a hot tub that can be built into your pool. During the winter, you can have spa access only. Ensure your business is reputable and you’re a licensed swimming pool builder.
A well-designed and maintained landscape significantly increases the value of any property. It also enhances your curb appeal plus improves the functionality of your outdoors. Outline in your business plan the most practical designs factoring in the topography of the area and land and how you’ll work to incorporate all its natural features.
Outline the maintenance requirements as it will need some work and focus on creating a designated outdoor dining and entertainment area, including a play area for children and an irrigation system. List the advantages of having healthy and lovely lawns that go beyond aesthetics to environmental benefits. Show that you understand the best seeding time for great results, ensure you buy high-end seed, and keep the seed moist all through germination.
Remember that before most potential customers hire you to work on their lawn, they’ll look at the reviews and testimonials of your past customers. While making every one of your customers happy is impossible, you want to ensure you try your best. When you come across a negative comment, don’t make the mistake of publicly blaming the customer or using harsh words. Be professional and polite in your response, and try to offer a solution if possible. Most clients understand that no one’s perfect, but they will want a professional with great communication skills.
Always aim to ensure you have a great reputation in the industry. Nothing can run your business to the ground like having a bad reputation with your past customers. Strive to turn your clients into advocates of your services by always delivering quality. This way, you’ll have them marketing your service for you without pushing them to.
Building something successful is hard when you don’t know what you’re trying to build. The process of writing a business plan allows you to create a lot of clarity about what the objectives for your business are and how to reach them. It’s important to have a system where you can streamline the entire process of outlining a business plan to make it simpler and useful by helping you organize your business, strategically increase your profits, and grow towards your goals.
Having an overview of what your company does and its structure is important to focus you on a targeted direction. Ensure that your mission or driving force behind your business plan is clear and outlines who is accountable for the major tasks involved in running your business. After identifying who your clientele is, determine which message you want to pass to them and what problems you solve for them, what results you create and how you create them, what impact you make in their lives, why you do it, and why your customers should choose you over your competitors.