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Business Plan Building - Trends
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A construction business is heavily influenced by market trends but your business plan must balance research into these with long-term thinking about the need for your services. Trends Economic trends, such as the boom and bust cycle of the nation, region, or specific locale you are in, drive a lot of the investment activity which leads to construction, whether it is homes, commercial, roads, bridges and tunnels. For example, government investment and subsidy of construction can lead individuals and companies to start new homes and buildings, keeping many companies afloat during otherwise hard times. However, when ...
The Massachusetts Institute of Technology’s entrepreneurship competition, the MIT 100k, gave a new venture, C-Crete Technologies, top honors and a $100,000 cash prize on Wednesday night. One of 204 initial competitors, the company advanced to the finals through a year long series of pitching and plan-writing contests. C-Crete has invented and patented a new type of cement, which it says is harder and more durable than any other on the market. The company’s co-founders, Rouzbeh Shahsavari, who is chief executive, and Natanel Barookhian, who is chief of finance, say their innovative building ... Read More
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