Business Plan

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Business Plan Assignment
Created By M.S.Martin February 05 Revised for
trade Oct 09
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Name of Business

• Important for Marketing
• Does it have to catch peoples attention
• Or will you use your own name in part

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(No Transcript)
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Private Companies

• Contact ASIC

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Work Area Proposals

• Where will you concentrate your work
• Where do you see future jobs??
• New homes?
• Distribution?

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Organizational Goal

• Where do you see the internal structure of your
  business heading

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Licensing Registration

• Contact Fair Trading

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Work Experience
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Registration
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Nature of Competition

• What your looking out for -
• There are numerous Building Companies in Sydney
• The Yellow pages has 5 ½ pages specifically on
  alterations and additions
• There are lots of building companies who choose
  to specialize in your area, you are marketing
• You can also obtain statistics from the MBA, HIA
• Do your research local adds and the above areas
• Then simply write a summary of it in your plan

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The Market

• The market is large, however lots of clients
  feedback is suggesting that there is a shortage
  of Trades / Builders. Sydney alone consists of
  768 plus suburbs.

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Location Targeting the Market

• Distinct advertising
• What can you do to reach your clientele?
• Will you set up an office or factory central to
  where you work?
• Is there room for expansion?

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Supplies Equipment

• What will you do for equipment you need?
• Local suppliers?
• Hire companies?
• Buy some of your own gear?
• You dont have to know everything, but you should
  address possibilities.

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Economic Factors

• How will this effect your business?

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Finance for the Business

• What will you do?
• Personal cash?
• Overdrafts?
• Are you a good credit risk?

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Personal Factors

• Do you have the necessary qualifications?
• Do you have time for training?
• Research qualifications needed
• Trade
• Post Trade
• OHS

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Lifestyle Health

• Personal sacrifice
• Giving up your own time
• Do you have the time to run a business?
• Ask yourself the questions!

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Insurance

• Home Warranty
• Workers Comp
• Public Liability
• All Risk Policy
• Personal Accident
• Tools Equipment

• How much will it cost you?