This document provides information for starting a core construction company, including estimating budgets, financial plans, balance sheets, and costs. It discusses the business plan, obtaining licenses, hiring staff, and advertising. Project risks are also summarized, such as design errors, regulatory changes, delays, and cost overruns. The goal is for the construction company to become profitable within three years by serving restaurants, gas stations, theaters, and other commercial clients.

1. NAKUL LOHRI VENKATA PUTCHA NILESH PADWAL

2. • 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

3. • 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.

4. • 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.

5. • 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
market.
• 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.

6. • The categories that we will serve include the restaurant
segment.
• The special facilities segment, such as gas stations, and
theaters. And a category which we will call "general",
encompassing all other potential commercial clients

7. Total expense = Direct + Indirect Cost = $ 2,923,060
Total Sales = $ 4088637
Profit = Total Sales -- Total expense.
= $ 1,165,577
Investment = Land + Building + Machinery
= $1,221,050
Break Even point = 1221050/1165577= 1.04
After 1 year, the company will start making profit.

8. Design Risks
• Design errors and omissions
• Failure to carry out the works in accordance with the contract
External risks
• New stakeholders emerge and request changes
• Laws and local standards change
Organizational risks
• Inexperienced workforce and staff turnover
• Delayed deliveries
• Lack of protection on a construction site

9. Project management risks
• Failure to comply with contractual quality requirements
• Scheduling errors, contractor delays
• Project team conflicts
Construction risks
• Construction cost overruns
• Technology changes