Executive Summary
Just about anywhere you visit today; there is a very good chance you will come across some type of construction taking place. It could be the construction of new schools, roads, buildings, bridges, and subdivisions. Construction has become a complex process, which involves different levels of education and experience. All construction workers have to deal with problems such as bad weather, delays, and project deadlines. A person who works in construction could be a machine operator, job supervisor, project planner, safety supervisor, materials manager, contractor, or have a number of other duties. Daly’s Construction is a new company entering the market mainly in the Chicagoland area as well as the Midwest region surrounding Chicago.
Daly construction is a company full of experienced professionals that have extensive backgrounds in transportation as well as other heavy-civil projects. With an approved loan, we hope to start bidding large projects as a general contractor with the ability to self-perform concrete paving. We are currently tracking and looking at projects, but need the capital to fully staff the company and acquire the necessary assets, which will give us a competitive advantage in the market place. With the talented individuals the firm has recruited, we hope to enter the market place forcefully, taking the some of the market share away from competitors without them expecting it. A solid first year will give us the foundation we need to become a stable contractor with steady growth. The loan will be in the amount of $10,000,000. This is money will be used to cover the initial company overhead until a project is awarded to the firm, as well as buy equipment, and provide front ends costs of multiple construction projects at one time. Daly’s construction has a goal of being the builder of choice for clients and to build their projects on time, under budget, with quality and integrity with the result of a fair profit. We promise to provide a high quality product for our clients with the hope of being the builder of choice for the future.
Part I. The Business Concept
Our mission statement at Joes construction is being the builder of choice for clients and to build their products on time, under budget, with quality and integrity with the result of a fair profit. We would like to grow financially strong, and use that financial strength to grow our company at a consistent rate, and become an industry leader in quality and management. We want to provide a high quality product for our clients with the hope of being the builder of choice for the future. Daly’s construction carefully manages its workload to minimize financial risk, never taking a contract without the proper resources to guarantee its absolute success; the firm invests in and maintains capital resources. We believe that there are lots of competitors doing smaller jobs than usual or working out of the region which makes this a prime opportunity to hit the ground running and to be competitive, and customers are going to be a huge part of our success; the customer makes up a big part on the operations of a company it is from them where most of the capital needed by our company is from. Therefore a customer can have certain objectives when investing in a company, these could include: good value for money invested, reasonable price, guaranteed satisfaction, and unmatched services. Every company has a good reason to satisfy their customer. And with my company the customer is our life support. Without the customers, there would be no capital to sustain the company's existence. It is a very competitive market; therefore every company is obliged to: provide the customer’s good value for their money, offer support, provide unrivalled services, and ensure satisfaction in every project or products sold. I believe that Daly construction can provide all of those and more. To offer and supply total quality at all