Business Plan & Assignment Created By M.S.Martin February 05 Revised for trade Oct 09 Created By M.S.Martin February 05 Revised for trade Oct 09

Name of Business Important for Marketing Important for Marketing Does it have to catch peoples attention Does it have to catch peoples attention Or will you use your own name in part Or will you use your own name in part

Private Companies Contact ASIC Contact ASIC

Work Area & Proposals Where will you concentrate your work Where will you concentrate your work Where do you see future jobs?? Where do you see future jobs??  New homes?  Distribution?

Organizational Goal Where do you see the internal structure of your business heading Where do you see the internal structure of your business heading

Licensing & Registration Contact Fair Trading Contact Fair Trading

Work Experience

Registration

Nature of Competition What your looking out for - What your looking out for - There are numerous Building Companies in Sydney There are numerous Building Companies in Sydney The Yellow pages has 5 ½ pages specifically on alterations and additions The Yellow pages has 5 ½ pages specifically on alterations and additions There are lots of building companies who choose to specialize in your area, you are marketing There are lots of building companies who choose to specialize in your area, you are marketing You can also obtain statistics from the MBA, HIA You can also obtain statistics from the MBA, HIA Do your research – local adds and the above areas Do your research – local adds and the above areas Then simply write a summary of it in your plan Then simply write a summary of it in your plan

The Market The market is large, however lots of clients feedback is suggesting that there is a shortage of Trades / Builders. Sydney alone consists of 768 plus suburbs.

Location & Targeting the Market Distinct advertising Distinct advertising What can you do to reach your clientele? What can you do to reach your clientele? Will you set up an office or factory central to where you work? Will you set up an office or factory central to where you work? Is there room for expansion? Is there room for expansion?

Supplies & Equipment What will you do for equipment you need? What will you do for equipment you need?  Local suppliers?  Hire companies?  Buy some of your own gear? You don’t have to know everything, but you should address possibilities. You don’t have to know everything, but you should address possibilities.

Economic Factors How will this effect your business? How will this effect your business?

Finance for the Business What will you do? What will you do? Personal cash? Personal cash? Overdrafts? Overdrafts? Are you a good credit risk? Are you a good credit risk?

Personal Factors Do you have the necessary qualifications? Do you have the necessary qualifications? Do you have time for training? Do you have time for training? Research qualifications needed Research qualifications needed  Trade  Post Trade  OH&S

Lifestyle & Health Personal sacrifice Personal sacrifice Giving up your own time Giving up your own time Do you have the time to run a business? Do you have the time to run a business? Ask yourself the questions! Ask yourself the questions!

Insurance Home Warranty Home Warranty Workers Comp Workers Comp Public Liability Public Liability All Risk Policy All Risk Policy Personal Accident Personal Accident Tools & Equipment Tools & Equipment How much will it cost you?