Construction Company Business Plan in Nigeria

Construction is one of the things that have built the structures upon which the twenty-first-century world is based. Construction involves the process of attaching items to make a meaningful structure with them. The process of construction could sometimes involve dismantling some structures (or items as the case may apply) and re-ordering from scratch. Construction is both a simple and complicated task. It is simple in the fact that a constructor understands the need to solve a challenge with his/ her innovations. Construction is, however, complicated in that it involves a lot of complexities such as tensile strength, stress, fracture, force, and some other technical terms which add up to the eventual innovation and its ingenuity.

Get your Construction Company Business Plan in Nigeria and feasibility study. pay N50,000 to:

Bank Name: Guaranty Trust Bank (GTB)

Account Name: Chibuzor Tochi Onyemenam

Account Number: 0044056891

After payment, send your name, email address and “construction company business plan sample doc” to 07033378184

general construction company business plan in nigeria

A company is a group of people who gather to achieve a common purpose. There are many companies in the world we live. When properly defined, a family could be a company. As long as there are more than one persons who gather to achieve a common purpose, it can be termed as a company. The definition of a company can be that simple. However, the only addition that makes a company is the fact that a company’s ultimate purpose is profit. Although profit may not be the intent of a company in starting, however, some bills need to be paid, as well as staff that needs to be motivated. It is, therefore, essential to note that a company is a conglomerate of individuals to gather to achieve a common purpose and making a profit.

A construction company then adds up to become a gathering of people to achieve the purpose of setting up innovative structures with which the twenty-first-century world strengths. There are many areas of construction, and in the same way, there are tons of construction companies that base their operation around a specific niche of operation. The ultimate goal of every company (construction or not) is to make a good profit, the profit made by the company will help keep it in business as well as help it pay its staff and reach for the skies. A construction company is one that doubtlessly holds impressive profit margins.

The relevance of a construction company is eternal and evergreen. A construction company is relevant in the prominent building industry. The building industry is so broad it would take years to understand the depth of the opportunities embedded within it. Some construction companies base their operations around residential building construction, while others base their operations around more sophisticated structures. There are construction companies that base their activities on the construction of roads. Road construction is another huge aspect of the construction industry. This field is so vast and profitable that there are so many who are into it in present-day Nigeria, and yet, they all remain in business. This fact tells the fact that they are almost all profitable.

There are construction companies that base their activities around the installation of heavy-duty industrial equipment in the Nigerian shores, and they are all making their profits. The need for construction is both eternal and evergreen, therefore anyone who intends to start a construction company in Nigeria can be sure of the fact that his/ her business is one that is in severe need and will remain relevant over time. Construction companies are so relevant; that even low capital investors make their daily living all around the world we live.

What a Construction Company Does

There are so many aspects of construction, and because of this fact, it is hard to piece together in one single note all that a construction company does. We will, however, try to be as generic as possible with the fact that we will lay in the flowing lines.

The first and most obvious thing a construction company does is set up buildings. This area of the construction industry is called building construction. Building construction is one of the most popular aspects of construction because people build structures every day. The building construction company must set up habitable structures for human use. You most probably have met this genre of construction technician somewhere around you. They are the ones that handle the building of houses, religious houses, office spaces, commercial buildings, and other domestic buildings around us.

There are also road construction companies. These focus their activities on the more streamlined construction niche of making roads. Road construction companies, unlike many assume them to be, do not have to be ones that get contracts from the federal government to add Bitumen to roads or something around that. Some communities handle their road projects, some individuals take the responsibility of making the roads to their living places habitable, some organizations engage the services of road construction companies. So, the road construction company is one that holds a lot of profit for those who delve into it.

Of course, there are other areas of the construction industry, which are also quite profitable; however, the two mentioned above are the most popular ones.

Starting a Construction Company in Nigeria

The first step to starting anything is planning. Planning involves a lot of processes put together; however, the planning stage can define the entire life of a business. For a construction company, planning is a very expedient tool for the success of the business. When looking at construction companies from afar, it can look ambiguous to start. However, planning will demystify the ambiguity of the whole industry and set things in the right place. There are a set of things to out in the planning of a construction company, and these set of things are the ones that make the unique mix for the planning of a successful construction company. Here are a few of them:

A Business Plan
A business plan is the overall plan of the entirety of the business. It is to be noted that everything in the planning stage of the construction company is just a plan and not the facts. You may not have you need to execute the project of starting up the company. However, you can plan it all out on paper, and this is the role of a business plan. A good construction company business plan will state some of the following:

- The goals of the business
  These are the reasons why you are starting the business. The goals would usually be two-sided. On one side is the goal for you as the owner of the business; on the other hand, it is the goal you hope the business will achieve in society.
- A niche of operation
  This will guide the operation and synergy of the construction company both in the short and the long run.
- A five-year plan
  This is just a way of stating that you need to plan for the long term life of your business. The long term for your own business could be ten years, and this plan will guide the operation of the business over that time. Although there are times when the plan needs to be reviewed strategically, it is, however, essential to remain focused on the goals of the business.
- There are other vital ingredients to a good business plan for your construction company; you can research some of them and put them in the plan for your business.
A Dedicated Team
Like the first point, this is another ingredient for any successful business and not just a construction company. It is crucial to have a team that will drive the operation of the company. A good team reverberates into a good company, and a bad team reverberates into the same for the company. In the team for a construction company, here are some essential roles that should be a part of the team:
- Civil Engineers
  Construction is an aspect of engineering, and it relates more to the civil engineer’s role. The civil engineer will serve the purpose of ensuring that all the projects which the company will engage in are done from a technically correct standpoint. Closely related to this role is also an architect as well.
- Accountant
  An accountant will keep the record of the sales and purchases of the company. Although many overlook the role of the accountant in a new company, it is, however, an essential role for startups even more than already established companies.
- Lawyer
  It is also expedient to engage the services of a lawyer. The lawyer will guide the company around a safe margin in the legal terms of projects and their executions.
Construction Company Registration in Nigeria
When all the plan has been made; to operate without the interference of government agencies, it is vital to get the company registered on all the grounds required by the government that a construction company should. Some companies will not release projects to construction companies unless they can provide evidence of proper registrations. It is, therefore, important to get the company registered and get a company bank account as well.
Plan Execution
After all, is said and done, it is crucial to start executing the plan of the business and boom! You’re in business.

Get your Construction Company Business Plan in Nigeria and feasibility study. pay N50,000 to:

Bank Name: Guaranty Trust Bank (GTB)

Account Name: Chibuzor Tochi Onyemenam

Account Number: 0044056891

After payment, send your name, email address and “general construction business plan doc” to 07033378184