write up a general business plan for a concrete block manufacturing company

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write up a general business plan for a concrete block manufacturing company, remember to include the capital, address of the company. at least 3 pages, times new roman. no reference required

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Explanation & Answer

Attached.

QUALITY WORKS CONTRACTORS
Success drives us
Presented by
NAME

REG.NO.

THE TECHNICAL UNIVERSITY OF KENYA

A business plan for partial fulfillment of the requirement for award of degree in
Bachelors in Civil Engineering in the school of resource and infrastructure, the
Technical University of Kenya
June 2017

Declaration
I hereby declare that the business plan is my original work and that it has not been
presented for the award of a degree or diploma to any institution.
NAME: PATRICK MUSYOKA NTHEKETHI
ADMISSION NUMBER: 112/00622

Supervisor
Name……………………………………………………………………………………
…………
Signature…………………….......................Date………………………………………
…………

Acknowledgement
I wish to acknowledge the following people who assisted me in ensuring that the
business project was successfully done:
• My lecturer, Eng. David M Kahando
• My parents for funding me

Dedication
I would like to dedicate this project to my parents

CHAPTER ONE
EXECUTIVE SUMMARY
Quality work contractors company will be owned solely by Mr. Patrick Musyoka, He
is a recent graduate with a bachelor’s degree in civil engineering being of age 26
single and currently residing in the outskirts of Nairobi city in Kenya.
With a two-year experience in the construction industry , construction company will
guarantee not only quality but safe constructions
The company will be located in the outskirts of Nairobi , Ruiru. The offices will be
next to Zetech university, the address of the place being P.O Box 200-10000 Nairobi.
Email address being contractors80@gmail.com . Facebook – contractorskenya and
twitter @contractorskenya
The location was chosen since development of real estate is largely growing in the
outskirts of Nairobi and the presence of the Thika highway increases accessibility to
the city hence a prime residence construction zone.
Sleek interior designers will use both electronic media, print media and billboards in
advertising the company. The company will be advertised in social media platform i.e
facebook, twitter and instagram. Photos and pictures of interior design samples will be
shown on the above mentioned platforms.
With the owner, as the general manager, these are the other members in management
who will oversee different departments;








Supervising manager
Financial manager
Human resource manager
Architect
Chief engineer- design department
Chief surveyor- survey department
laboratory head

Quality works contractors will register with the National Construction Authority
which is constituted under Act No. 41 of 2011 laws of Kenya
First registered as a company with the registrar of companies as a sole proprietorship.
A registration fee of kshs. 30,000 will be required for annual renewal of license
Sleek interior designers will be preparing partition boards at firm space and any other
pre-fabricated material and all of the delivered to the site where installation will take
place.
The equipment will be acquired from renown sellers with warrant for their first year
of operations and after that the company will be conducting annual servicing of the
machines and salvaging the old ones.
Calculation of contractors’ projected break even point:
Contribution margin = (Sales- Variable cost)/ sales ×100
Variable cost being 60% 0f sales
Sales for the first month = 1,250,000
Variable cost = 60/100×1,250,000 =750,000

Fixed cost = 300,000
B.E.P = fixed cost / contribution margin
Contribution margin = (1,250,000- 750,000)/ 1,250,000 ×100
= 40%
40/100×1250,000=500,000
The break even point for the first month of contractors for sales of ksh.1,250,000 is
40% which is ksh. 50,000

CHAPTER TWO
COMPANY DESCRIPTION
Quality work constructors company will be owned solely by Mr. Patrick Musyoka, He
is a recent graduate with a bachelor’s degree in civil engineering being of age 26
single and currently residing in the outskirts of Nairobi city in Kenya.
With a two-year experience in the construction industry, construction company will
guarantee not only quality but safe constructions
Start-up summary
Will invest Kshs. 3,000,000 on contractors
An additional Kshs. 1,000,000 will be secured as a loan from the bank
The name was arrived at with the purpose of making people understand the services
offered and also to be able to stand out
Company location
The company will be located in the outskirts of Nairobi , Ruiru.
The offices will be next to Zetech university,
Address: P.O Box 200-10000 Nairobi.
Email address: contractors80@gmail.com .
Facebook – contractorskenya and
twitter @contractorskenya
The location was chosen since development of real estate is largely growing in the
outskirts of Nairobi and the presence of the Thika highway increases accessibility to
the city hence a prime residence construction zone.
Form of ownership
The ownership of the company will be sole proprietorship. This will increase the
returns since all profits are not shared among partners and also improves management
passions. Though the company recognizes that by it being a sole proprietorship
raising capital and shouldering of loses will be a liability of the owner alone making it
a slight disadvantage.
Type of business
Contractors will be a startup business. The main customers of the business will be the
people investing in residential estates in the area along the Thika Highway. Since the
land value of the region is rising everyday the need to invest in residential housing is
increasing too. This creates a market for constructing works and that’s where
contractors come in.
Services offered
Contractors offers comprehensive services designed to allow the company o do
whatever it takes to finish a project. Some of these services include:
I.
Design work
II.
Remodeling and alterations
III.
Permitting site preparations
IV.
Carpentry
V. Cement foundations

VI.
VII.
VIII.

Painting and plumbing and,
Utilities installation.
In addition skills contractors lack can be subcontracted

Why a contracting company
The main reason I decided to start the company is the fact that as an engineer I will be
fully qualified in design and management of the company. Also, considering how fast
the country’s real estate market is growing, this will be a great opportunity.
Contractor goals and objectives
The goal of the company is to grow to serve the Eastern African market and be a
leading service provider in the region
The objectives of the business are to;




Capital recovery within the year of starting
To maximize on profits by employing more employees and be able to take on
more contracts
To open other offices in the major cities of Kenya to be able to reach other
clients in different parts of the country

Entry and growth strategy
Quality Work Contractors will employ top notch employees with degrees and
certification in the construction industry. This will provide quality work which will
stand out. The additional advantage of the company will be the location and the given
timing during when the industry is at a high. The main weakness of the competitors
which contractors will exploit is the incompetence of the employees in other firms.
Contractors company will employ fully qualified personnel for outstanding quality
work. The pricing of...


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