• Estimate Budget plan for Core Constructions.
• Financial plans of the company.
• Present Balance Sheet & Profit or Loss Statement.
• Direct and In-Direct Costs.
• Budget TimeLine.
• Break even analysis.
• Risks Involved
• Core Construction company provides building services and quality
construction with high standards and techniques.
• The company creates award-winning multi-million dollar facilities throughout
the United States.
• CORE Constructions started in 2013 and the company began to bid
successfully for large scale products.
• All tasks are performed by skilled craftsmen for an effective management of
projects during construction.
• Written Business Plan
• Determine financial need
• Obtain necessary licenses and permit
• Get Insurance
• Purchase or lease construction equipment and tool
• Cost estimation
• Hire experienced construction workers.
• Hire subcontractor
• Advertise construction company.
• Start a website for your construction company.
• We expect to see increased profits from our market by the end of year 1.
• For the first three years we expect lower profits as we make inroads into the
• It was exclusively owned by Mr.A(50%) and Mr.B(50%).
• This company is expecting to alter to a C class corporation.
• This which will create greater investment opportunities through the
acquisition of investment capital from a limited number of shareholders.
• The categories that we will serve include the restaurant
• The special facilities segment, such as gas stations, and
theaters. And a category which we will call "general",
encompassing all other potential commercial clients
Total expense = Direct + Indirect Cost = $ 2,923,060
Total Sales = $ 4088637
Profit = Total Sales -- Total expense.
= $ 1,165,577
Investment = Land + Building + Machinery
Break Even point = 1221050/1165577= 1.04
After 1 year, the company will start making profit.
• Design errors and omissions
• Failure to carry out the works in accordance with the contract
• New stakeholders emerge and request changes
• Laws and local standards change
• Inexperienced workforce and staff turnover
• Delayed deliveries
• Lack of protection on a construction site
Project management risks
• Failure to comply with contractual quality requirements
• Scheduling errors, contractor delays
• Project team conflicts
• Construction cost overruns
• Technology changes