Civil Engineer Responsible for preparing bids for tenders, and reporting to clients, public agencies and planning bodies Ensures that sites meet legal guidelines, and health and safety requirements Assesses the environment impact and risks connected to projects Responsible for judging whether projects are workable by assessing materials, costs and time requirements Draws up blueprints, using Computer Aided Design CAD packages Discussing requirements with the client and other professionals e. We know that it will be a bit difficult to compete with already established construction companies in the United States especially because we are new in the industry.
Okay, so we have considered all the requirements for starting a construction equipment rental business. The reason why many businesses are renting equipment is due to the fact that they do not consider it necessary or worthwhile to purchase heavy equipment for use either due to budget constraints or the fact that buying the equipment would be a waste of resources as regards to leasing it.
Due to the fact that this is a capital intensive business, you would need the input of an expert who is knowledgeable in the industry and who would carry out an analysis on your company in relation to your location to help you determine if going into the business would be a wise decision.
If the odds are for you, the consultant would then help draft strategies that would help make your business have an edge over others that you might likely be competing with in the same location or even industry.
Asides from getting a business consultant to help you determine if going into the business is worthwhile, writing a business plan is another task you would need to undertake.
Below is a sample of an equipment rental business template that should guide you towards writing your own business plan for your equipment rental business; A Sample Construction Equipment Rental Business Plan Template Business Overview The equipment rental industry according to IBIS World has several downstream businesses or industries that are its customers such as railcars, aircrafts, ships and drilling machineries.
There are more than 18, equipment rental businesses in the United States of America employing more than 78, people. However, according to statistics, the downstream sector will strongly drive the industry from to Also, it is stated that construction and transportation industries will benefit from this strong projection in the next five years.
However, as activities have dropped in the construction and transportation industries, it has caused many small players to exit the industry. This is due to the fact that construction activities were on the increase globally, especially as governments were investing in emerging economies. Demand for advanced machinery with eco-friendly as well as low maintenance features has continually grown and is likely to surge past demand for conventional equipment in the coming years.
Also, another thing that responsible for a high adoption of rental products is the fact that consumers now have high purchasing power with a higher preference for rentals.
This is due to the fact that emerging economies have increased the demand for heavy equipment. The equipment rental industry is very capital in nature and businesses in the industry are usually involved in mergers and acquisitions, strategic alliances and joint ventures so as to increase their penetration to their target markets.
We also intend to sell some of our equipment and also become distributors for some major equipment manufacturing companies all over the United States of America.
Our vision as a company is to be the preferred equipment rental company here in Atlanta and also be amongst the top 10 equipment rental businesses in the United States of America by To ensure that we achieve the following vision and objectives, we intend to ensure that we build the best business structure.
Our equipment rental business is strategically located at Peachtree Street, NE in Atlanta and provides the required convenience for our various customers in easily locating us to make enquiries, buy or rent from us.
Also, our online presence makes it quite easy for those who love shopping online to locate us, not only are we located on top of various search engines, we also respond promptly to any online enquiries. Our equipment are of high quality and are designed to last for as long as possible, this is because we procure these equipment with our customers in mind, and we would want that the equipment they get from us carry out its tasks efficiently.
Our management team is the best that can be found as we carefully sourced for those who not only had an understanding of the industry, but who also believe in our core values and were willing to work to ensure we reached our attained height.
Our customer care teams are very knowledgeable about the trends in the industry and have been trained to understand the wants of our clients and ensure that it is fulfilled.
All complaints are speedily attended to and resolved by our able customer care executives. We know how important is it to garner promotion for a business and so we have drafted effective publicity strategies that will ensure that the business gets the awareness it deserves here in Atlanta as well as all over the United States of America.
Finally, our Chief Executive Officer, Mr. Rocha Taylor is one who has the necessary expertise to ensure that the business attains its goals and objectives as he has more than 10 years experience in the rentals industry and will therefore bring in some strategies that will ensure we come up tops above our various competitors.
Our Products and Services Tack Rentals TR intends to deal in all sorts of services to its various customers in the target market. Our niche makes it very easy for us to be the exclusive equipment rental business here in Atlanta, Georgia.
However, instead of just providing core services to our customers, we intend to add other services to in order to gain more customers while also creating multiple sources of income.
Our aim is to make profit as we legally can and as is permissible under the laws of the United States of America. Therefore some of the services and products we intend to offer are; Rentals of heavy equipment such as bulldozers, excavators, trenchers, and backhoes Sale of chainsaws, tillers and augers Distributor for several equipment manufacturing companies Equipment repair Consultancy and advisory services Our Vision Statement Our vision is to be the exclusive equipment rental business here in Atlanta; and amongst the top 10 equipment rental businesses in United States of America by Our Mission Statement In order to achieve our goals and objectives, we intend to create a niche for ourselves in the area where we operate, so as to have little or no competition.
We also intend to grow and expand as a company till we are known all over the United States of America Our Business Structure Having the right business structure is very important to us as a business, because we know that getting the business structure right will set us on the right path towards attaining success as an organization.
It is for this reason that we would sources for and hire only the best employees that will help take our vision from where we are to where we intend to be.
We know how important it is to have the right management team that not only understands the core values of the company but also have the right knowledge and expertise to enable the company achieve its goals and objectives.Business Plan Samples.
Feeling inspired to start a business, but don’t know how to write a business plan? We have a business plan samples database that you can look through to learn the different chapters and sections necessary to attract equity investments and loans.
Rental Property Business Plan. This sample Rental Property Business Plan is free for you to download and use as a basis for developing your own specific business plan. Below is a detailed summary of the Construction Budget: Steve Rogers personally knows the contractor, Ben Nelson, of Ben Nelson Construction, and has painted many houses for.
Sample Subcontracting Plan for construction of a public facility) to adopt a subcontracting plan that complies with the requirements of the Small Business Subcontracting Plan clause.
We will: (1) Cooperate in any studies or surveys that may be required;. Home» Construction Contract» Construction contract sample novation template car payment plan contract small business sample partnership agreement contract for private sale of car rental agreement for a room in a private home partnership agreement between two companies template loan contract pdf release of liability form free loan.
SAMPLE STANDARD CONCESSION AGREEMENT BETWEEN CITY AND COUNTY OF DENVER AND SAMPLE STANDARD CONCESSION AGREEMENT DENVER INTERNATIONAL AIRPORT SUMMARY PAGE COMPANYNAME This Summary Page, consisting of three pages, is attached to and made a part of that Exhibit A Concession Space Plan Exhibit B Disadvantaged Business .
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