Free Interiors Contractor Business Plan
For Raising Capital from Investors, Banks, or Grant Companies!
Please note that the financials
in this complete free business plan are completely fictitious and may not
match the text of the business plan below. This free business plan demonstration
purposes only. If you are interested in purchasing the completed editable MS Word
and Excel documents for this business plan, please click the button below! Also,
the text of the business plan is formatted with a fully automated
table of contents.
It should be noted that there is no special software required to use these
templates. All business plans come in Microsoft Word and Microsoft Excel format.
Each business plan features:
- Excecutive Summary
- Company and Financing Summary
- Products and Services Overview
- Strategic Analysis with current research!
- Marketing Plan
- Personnel Plan
- 3 Year Advanced Financial Plan
- Expanded Financial Plan with Monthly Financials
- FREE 30 Page Sample Private Placement Memorandum
- FREE PowerPoint Presentation for Banks, Investors,
or Grant Companies!
1.0 Executive Summary
The purpose of this business plan is to raise $100,000 for the development of a specialized interiors contractor while showcasing the expected financials and operations over the next three years. The Interiors Contractor, Inc. (“the Company”) is a New York based corporation that will provide hair cutting and styling to customers in its targeted market. The Company was founded by John Doe.
1.1 Products and Services
The Interiors Contractor intends to specialize in the renovation of woodwork and the installation of custom doors for customers throughout the targeted market. The business will recognize revenues from both the sale of labor as well as the sale of customized luxury doors for homes. At the time of business launch, the Interiors Contract will be licensed in the State of New York to provide these services and products to the target market. The third section of the business plan will further describe the services offered by the Interiors Contractor.
1.2 The Financing
Mr. Doe is seeking to raise $100,000 from as a bank loan. The interest rate and loan agreement are to be further discussed during negotiation. This business plan assumes that the business will receive a 10 year loan with a 9% fixed interest rate.
1.3 Mission Statement
The Interior Contractor’s mission is to become the recognized leader in its targeted market for specialized doors and custom interior woodwork.
1.4 Mangement Team
The Company was founded by John Doe. Mr. Doe has more than 10 years of experience in the contracting industry. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.
1.5 Sales Forecasts
Mr. Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years.
1.6 Expansion Plan
The Founder expects that the business will aggressively expand during the first three years of operation. Mr. Doe intends to implement marketing campaigns that will effectively target homeowners within the target market.
2.0 Company and Financing Summary
2.1 Registered Name and Corporate Structure
Interiors Contractor, Inc. The Company is registered as a corporation in the State of New York.
2.2 Required Funds
At this time, the Interiors Contractor requires $100,000 of debt funds. Below is a breakdown of how these funds will be used:
2.3 Investor Equity
Mr. Doe is not seeking an investment from a third party at this time.
2.4 Management Equity
John Doe owns 100% of the Interiors Contractor, Inc.
2.5 Exit Strategy
If the business is very successful, Mr. Doe may seek to sell the business to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Interiors Contractor. Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings.
3.0 Products and Services
Below is a description of the customized interior contracting and door products offered by the Interiors Contractor.
3.1 Interiors Contracting Service
The primary business of the Interior Contractor is the remodeling of the interior of homes with a focus on door work. The business currently provides for the design and implementation of constructions that include complete kitchen remodeling (including cabinetry, appliance installation, countertop installation, and flooring), bathroom remodeling, drywall repairs and installations, and additional room additions. The Company will maintain its own staff of construction workers and project managers that oversee all interior home remodeling.
3.2 Sales of Doors and Interiors Products
The Company will also generate revenues from the sales of luxury doors and related products that will be installed by the Company’s staff. The Company will generate gross margins of 70% on each dollar of revenue generated through this business segment.
4.0 Strategic and Market Analysis
4.1 Economic Outlook
This section of the analysis will detail the economic climate, the construction industry, the customer profile, and the competition that the business will face as it progresses through its business operations. Currently, the economic market condition in the United States is in recession. This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows. Many economists expect that this recession will continue for a significant period of time, at which point the economy will begin a prolonged recovery period
4.2 Industry Analysis
The construction industry is an extremely large group of contractors that generate over $490 billion dollars a year of gross management fees for the construction and management of real estate (including new home developments).This business has grown tremendously with the increase in the value of American real estate. There are over 710,000 businesses that specialize in managing specific construction projects. Additionally, the industry employs more than 1,110,000 people and generates gross annual payrolls in excess of $62 billion dollars. While interest rates are rising, and the general construction market is expected to slow, Management feels that by providing specialty construction services, the business will be able to reap significant contracting profits regardless of the general direction of the economic markets.
4.3 Customer Profile
The Interior’s Contractor average client will be a middle to upper middle class man or woman living in the Company’s target market. In this section of the analysis, you should describe the type of customer you are seeking to acquire. These traits include income size, type of business/occupation; how far away from your business is to your customer, and what the customer is looking for. In this section, you can also put demographic information about your target market including population size, income demographics, level of education, etc.
4.4 Competitive Analysis
This is one of the sections of the business plan that you must write completely on your own. The key to writing a strong competitive analysis is that you do your research on the local competition. Find out who your competitors are by searching online directories and searching in your local Yellow Pages. If there are a number of competitors in the same industry (meaning that it is not feasible to describe each one) then showcase the number of businesses that compete with you, and why your business will provide customers with service/products that are of better quality or less expensive than your competition.
5.0 Marketing Plan
The Interior Contractor intends to maintain an extensive marketing campaign that will ensure maximum visibility for the business in its targeted market. Below is an overview of the marketing strategies and objectives of the Interior Contractor.
5.1 Marketing Objectives
• Establish relationships with other contractors within the targeted market.
• Implement a local campaign with the Company’s targeted market via the use of flyers, local newspaper advertisements, and word of mouth.
• Develop an online presence by developing a website and placing the Company’s name and contact information with online directories.
5.2 Marketing Strategies
Mr. Doe intends on using a number of marketing strategies that will allow the Interior Contractor to easily target homeowners and building owners within the target market. These strategies include traditional print advertisements and ads placed on search engines on the Internet. Below is a description of how the business intends to market its services to the general public. The Interior Contractor will also use an internet based strategy. This is very important as many people seeking local services, such as contractors, now the Internet to conduct their preliminary searches. Mr. Doe will register the Interior Contractor with online portals so that potential customers can easily reach the business. The Company will also develop its own online website. The Company will also develop ongoing relationships with general contractors and interior decorators that will provide referral business to the Interior Contractor.
In this section, describe the pricing of your services and products. You should provide as much information as possible about your pricing as possible in this section. However, if you have hundreds of items, condense your product list categorically. This section of the business plan should not span more than 1 page.
6.0 Organizational Plan and Personnel Summary
6.1 Corporate Organization
6.2 Organizational Budget
6.3 Management Biographies
In this section of the business plan, you should write a two to four paragraph biography
about your work experience, your education, and your skill set. For each owner or
key employee, you should provide a brief biography in this section.
7.0 Financial Plan
7.1 Underlying Assumptions
• The Interior Contractor will have an annual revenue growth rate of 16% per year.
• The Owner will acquire $100,000 of debt funds to develop the business.
• The loan will have a 10 year term with a 9% interest rate.
7.2 Sensitivity Analysis
In the event of an economic downturn, the business may have a decline in its revenues. The high cost of interiors contracting (and the sale of interiors products such as doors) may cause the Company’s revenues to slow. However, the Company generates high margin revenue from its operations, which will allow the business to continue to pay its financial obligations.
7.3 Source of Funds
7.4 General Assumptions
7.5 Profit and Loss Statements
7.6 Cash Flow Analysis
7.7 Balance Sheet
7.8 General Assumptions
7.9 Business Ratios
Expanded Profit and Loss Statements
Expanded Cash Flow Analysis