Volume Construction[ P1 ]( Pty ) Ltd

Table OF CONTENTS

History…………………………………………………………………………………… … .III

The Market Opportunity……………………………………………………………… … ..IV

Best services for writing your paper according to Trustpilot

Premium Partner
From $18.00 per page
4,8 / 5
4,80
Writers Experience
4,80
Delivery
4,90
Support
4,70
Price
Recommended Service
From $13.90 per page
4,6 / 5
4,70
Writers Experience
4,70
Delivery
4,60
Support
4,60
Price
From $20.00 per page
4,5 / 5
4,80
Writers Experience
4,50
Delivery
4,40
Support
4,10
Price
* All Partners were chosen among 50+ writing services by our Customer Satisfaction Team

Evaluation of Competition…………………………………………………………… … ..V

S.W.O.T Analysis……………………………………………………………………… … ..VI

Company Structure………………………………………………………………………VII

Fiscal Aspect…………………………………………………………………………..IX

Balance Sheet………………………………………………………………………………X

Recognition Profile……………………………………………………………………………….XI

Strategy………………………………………………………………………………… … .XII

Current & A ; Expected Future Turn Over……………………………………………….XIII

A Brief HISTORY OF VOLUME CONSTRUCTION

Volume building was started on the 31 of January 2013 by Timothy Green as a exclusive proprietary ( PTY ) LTD company. It started off by being a care company for the residential belongingss of Dr Gavin Green, who provided the initial capital to fund the companies start up in return for work done at stuff and labor cost which would be the value of the capital investing.

Since so Volume building has grown into a larger company with its mark market presently being the private sectors. Volume buildings chief signifier of work has been redevelopment and extension of bing plants.

Volume building is a little company with a big assortment of capablenesss. We try to outsource as small work as possible so as to maintain cost to a lower limit. Most of our staff is on contractual footing for each occupation as the fortes of each worker may non be required all the clip. Therefore maintaining cost to a lower limit.

We subcontract plumbing and electrical when required and have formed working relationships with ABT pipe fitters and 2TO electrical, providing every bit much work to one another as possible. We have besides worked on organizing lower rates provided by our subcontractors as to do working together worthwhile and good. Due to the consistent working together we have formed a greater apprehension of each companies work and requirements’ guaranting working together happens consistently without doing holds and bad lucks.

THE MARKET OPPORTUNITY

Volume building preponderantly performs redevelopment to bing plants presently. We would wish to develop into a company that is able to execute a broad assortment of plants such as the edifice of new plants ( the building of new edifices ) .

We would besides wish to develop different subdivisions providing for different demands within building. We would wish to be able to supply a picture, plumbing, electrical, redevelopments and new plants sectors within our company. Each working as single separate units under the same name.

We would wish to turn into “ The spell to company ” in building in the private sector of the Durban country.

When we grow to the point where we are able to hold our ain premises we would wish to develop a works pace where the building of edifice goods ( such as headers pavers ) could be manufactured for our ain usage every bit good as distribution to other purchasers.

We try to execute a market analysis every bit on a regular basis as possible in order to seek and vie in every bit may niche countries as possible. Therefore being advanced in seeking to happen markets that may hold a greater demand.

Our keys to success are:

  • Having a Great squad that is efficient and effectual
  • Having low running costs and holding the ability to alter with the market
  • Bing advanced and looking to the hereafter while working hard to run into ends.

We try to constantly anticipate market demand to be able to provide for the current market.

Evaluation OF THE COMPETITION

The Durban country is saturated with building companies large and little. What makes us different is we are a little company with a big capableness. We are willing to make even the little occupations efficaciously and expeditiously as to increase our hard currency flow and make good word of oral cavity.

Many little companies lack the ability to execute a broad assortment of plants while still being the most cost effectual ( due to stand in contraction ) . While big building companies may non ever execute little occupations as it is non deserving their piece and creates a big work load to cover with for them. They besides have larger squads that may be dearly-won nevertheless are efficient.

We are a company that is able to execute plants irrespective the size be it minor occupations or big occupations. While still staying cost effectual and efficient.

When you look at a competitory analysis of Volume Construction we have a competitory advantage and a nucleus competence over many companies. When sing how we owe nil and how we can fluctuate with the market. We have really small running costs. These factors make it easy for volume building to be cost effectual for clients as we lack many disbursals of other companies. We besides have a broad assortment of capablenesss and are able to work in may divisions of building.

In Conclusion we can sum up our competitory advantage and a nucleus competence with respect to these factors:

  • Location
  • Efficiency
  • Monetary value
  • Dependability
  • Ability

S.W.O.T ANALYSIS

Strengths

  • New and willing to happen work
  • Capability and experienced in Private sector of building.
  • Presently owing nil and schemes in topographic point to cut down debts
  • Runing cost to a lower limit
  • Competitive
  • Reliable
  • Efficient
  • Location

Failings

  • Still constructing up word of oral cavity and networking
  • selling issues
  • Still happening a system that ensures a great admin system that is consistent and dependable.

Opportunities

  • Expand different subdivisions such as a kept up and painting division
  • Build to the point of executing industrial plants.
  • Compete in the populace sector
  • Grow into a big company

Menaces

  • Keeping a consistent hard currency flow
  • Location as Durban is a concentrated market of building companies.
  • maintaining quality control consistent as the company gets bigger and busier

Company STRUCTURE

Timothy Green

Is the company director his responsibilities are:

The pricing of prospect work.

Material direction and supply.

Admin and histories.

Quality control.

Finance and budgeting

Administration and direction of workers and subcontractors

And anything else that may necessitate to be organized or necessitate troubleshooting

Jenny Green

Heads the Accounting section responsible for:

Book maintaining and histories direction

Johnson

Head chiefs responsible for:

Completing of plants

Management of bomber contractors on site

Workforce on site

Management of stuffs with respect to placing of orders and use

Workforce representative

Quality Control

Tiling crew

Painting crew

Plastering crew

Domsani

Structural chiefs Responsible for:

Natural structural work i.e. foundations, brick work, slabs, plaster.

Workforce on site

Management of stuffs with respect to placing of orders and use

Workforce representative ( of his crew )

Quality Control

Plastering Crew

Joe

Carpenter chiefs responsible for:

Roofing building

Doors and Windowss installing

Workforce on site

Management of stuffs with respect to placing of orders and use

Workforce representative ( of his crew )

We have work forces that may fall under the chiefs and are employed as required for their specific forte with respect to skilled trades workers. With labours under each skilled worker.

We Subcontract our electrical work if required to 2TO electrical who has their ain work force. And all our plumbing is subcontracted to ABT pipe fitters who besides supply their ain work force. We nevertheless may provide work force to the subcontractors when necessitating aid.

The drawing, enrollment and subscribing away of new plants is outsourced to a specializer in that field when required, who we have formed professional relationships with.

Due to the company being late formed we have do non hold many fool clip staff. When required we may use many work forces nevertheless they are non in full clip places as to maintain the company at a low running cost in between work.

FINANCIAL ASPECT

Volume building is debt free as all the assets where paid for by work done for the capital investor. Volume building has no recognition evaluation presently as we have used capital investing support to finance our plants until work has been paid for. This helps a batch to forestall outgos in footings of involvement rates and bank charges.

We keep a tight ticker on our work rating and subscribing off of plants as excessively maintain our hard currency flow healthy and up to day of the month.

In 2013 Work was done for Dr GW Green ( chief investor ) in return for necessary tools. Therefore we faul fitted any revenue enhancement brackets as our income was non nonexempt.

Presently we have moved to making private sector work for clients. We have taken the necessary actions to derive accreditation by the NHBRC and Master builders association and are presently expecting ratings by them to take topographic point.

Once accreditation takes place our concern program is to vie and seek to work with insurance companies ( Evaluation, edifice and rectification plants ) . This should supply consistency sustainable plants to maintain hard currency flow stimulated and employees with consistent occupations.

All while other private sector works shall get down with the focal point of be givening towards new plants development as opposed to bing work maintainace and development. This type of work is more desirable as it may be considered bigger and less boring work. It may besides giver a greater true contemplation of volumes buildings quality of work.

Investors and portion holder may be a better agencies of developing capital financess. Pending on future fortunes this may be considered a feasible option and may cut the demand for recognition systems.

Turnover ( hard currency flow ) drumhead twelvemonth to twelvemonth.

Note no true figers are to be shows.

2013 R0.00- R+-200 000.00

As all the net incomes where put back into the company to construct it

Assetss to the value of about R60 000.00

2014 R 0.00 – presently +- R50 000.00 net incomes for the twelvemonth with an expected

R200 000.00 bend over expected

BALANCE SHEET

Assets

Non-current assets

Machinery

R 200 000

Current assets

Inventory

R 25 000

Bank & A ; Cash

R 50 000

TOTAL ASSETS

R 275 000

EQUITY & A ; LIABILITIES

Owners Equity

Capital

R 250 000

Non-Current Liabilitiess

R –

Current Liabilitiess

Creditors

R –

TOTAL EQUITY & A ; LIABILITIES

R 250 000

CREDIT PROFILE

As we have dealt wholly in hard currency as a company we have non yet used any recognition systems. Thus we are presently without a recognition profile.

Due to the smaller sized occupations and systems that we have in topographic point we have non made usage of any recognition systems. As this is a exclusive pty ltd company we would wish to remain out of any recognition systems to guarantee a low hazard concern for the proprietor and investor.

Some systems we have implemented to guarantee a steady hard currency flow and cut out the demand to do usage of recognition systems are such as.

  • We have hebdomadal plants monitoring and completion ratings to guarantee a steady hard currency flow and rapid work rate by employees. Thus the clients pay us as subdivisions are completed.
  • We require a deposited, changing on the size of plants for the induction off plants to guarantee peace of head payment by the client besides doing financess available for the undertaking. This cut downing the strain or capital investing that we as Volume Construction may be required to execute.
  • We sign all clients transcending R10 000.00 into a contract to guarantee payments of plants performed.

Share holders and investors may be considered a better option.

When we transition into the public sector of building we are trusting to hold plenty built up capital to be able to execute plants without the usage of recognition systems.

We would instead turn down work, than run the hazard that recognition systems may enforce.

A slow and steady growing may run the hazard of turning work off, nevertheless in the building market where it is invariably fluctuating and altering it is of import to non be forced into state of affairss where the sustainability of the company is critically dependent on consistent work. Many companies have failed due to seeking to spread out quickly and one time the market drops off they are unable to sit out the bead in the market due to the owing of money every bit good as involvement due.

Scheme

Our scheme and program of action is to put ends and seek to accomplish invariably make market related programs in order to accomplish them.

Some of our clip line ends

Year Plan:

  • Become a registered company with the Master builders association
  • Brand and market the company such as develop a logo, trade name vehicles, create a company web page, etc.
  • Invest net incomes back into the company to construct up machinery.

2 Year Plan:

  • Become a National Home Builder Association Member.
  • Purchase another company vehicle to be able to hold more nomadic squads ( Planing to buy a vehicle in hard currency as to cut out the cost and long term strains of paying a vehicle off )
  • Develop a maintainace division working as a separate unit. ( The care of ongoing sites such as composites ) .
  • Develop a picture division working as a separate unit.

5 Year Plan:

  • Develop a repetition client cliental
  • Develop into a company that has the capableness to construct industrial developments non merely working in the place builders market.
  • Obtaining heavy machinery such as bay lynxs, tippers, Cranes, and excavators.
  • Obtain premises to work from, shop machinery and stuffs, every bit good as industry goods.
  • Apply for a BEE evaluation
  • Exceed a turnover of R10 000 000.00 a twelvemonth

10 Year Plan:

  • Construct a company that has the installations and equipment abilities to execute most plants in the building field.
  • We would besides wish to be able to hold the capital ability to make our ain work and developments that we could lease or sell to others. ( Such as the edifice of warehouses and houses ) .
  • We would wish to make our ain plumbing and electrical division in our company to be able to make all private plants without farm outing plants.
  • Compete for Government plants.

This clip line program links straight to our scheme and program of action, created and fitted in order to be systematically applied to run into our ends while sing our demands for growing, advantage, place and staying realistic.

CURRENT AND EXPECTED FUTURE TURN OVER

x

Hi!
I'm Niki!

Would you like to get a custom essay? How about receiving a customized one?

Check it out