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How To Write a Winning Home Builder Business Plan + Template

Creating a business plan is essential for any business, but it can be especially helpful for home builder businesses who want to improve their strategy and/or raise funding.

A well-crafted business plan not only outlines the vision for your company, but also documents a step-by-step roadmap of how you are going to accomplish it. In order to create an effective business plan, you must first understand the components that are essential to its success.

This article provides an overview of the key elements that every home builder business owner should include in their business plan.

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What is a home builder business plan.

A home builder business plan is a formal written document that describes your company’s business strategy and its feasibility. It documents the reasons you will be successful, your areas of competitive advantage, and it includes information about your team members. Your business plan is a key document that will convince investors and lenders (if needed) that you are positioned to become a successful venture.

Why Write a Home Builder Business Plan?

A home builder business plan is required for banks and investors. The document is a clear and concise guide of your business idea and the steps you will take to make it profitable.

Entrepreneurs can also use this as a roadmap when starting their new company or venture, especially if they are inexperienced in starting a business.

Writing an Effective Home Builder Business Plan

The following are the key components of a successful home builder business plan:

Executive Summary

The executive summary of a home builder business plan is a one to two page overview of your entire business plan. It should summarize the main points, which will be presented in full in the rest of your business plan.

  • Start with a one-line description of your home builder company
  • Provide a short summary of the key points in each section of your business plan, which includes information about your company’s management team, industry analysis, competitive analysis, and financial forecast among others.

Company Description

This section should include a brief history of your company. Include a short description of how your company started, and provide a timeline of milestones your company has achieved.

If you are just starting your home builder business, you may not have a long company history. Instead, you can include information about your professional experience in this industry and how and why you conceived your new venture. If you have worked for a similar company before or have been involved in an entrepreneurial venture before starting your home builder firm, mention this.

Industry Analysis

The industry or market analysis is an important component of a home builder’s business plan. Conduct thorough market research to determine industry trends and document the size of your market. 

Questions to answer include:

  • What part of the home builder industry are you targeting?
  • How big is the market?
  • What trends are happening in the industry right now (and if applicable, how do these trends support your company’s success)?

You should also include sources for the information you provide, such as published research reports and expert opinions.

Customer Analysis

This section should include a list of your target audience(s) with demographic and psychographic profiles (e.g., age, gender, income level, profession, job titles, interests). You will need to provide a profile of each customer segment separately, including their needs and wants.

For example, a home builder’s customers may include:

  • First-time homebuyers
  • Homeowners looking to renovate or expand their homes
  • Builders and developers constructing new homes

It is important to understand your target customers’ needs, as this will determine the products or services you offer and how you market your business. 

You can include information about how your customers decide to buy from you as well as what keeps them buying from you.

Develop a strategy for targeting those customers who are most likely to buy from you, as well as those that might be influenced to buy your products or home builder services with the right marketing.

Competitive Analysis

The competitive analysis helps you determine how your product or service will be different from competitors and what your unique selling proposition (USP) might be that will set you apart in this industry.

For each competitor, list their strengths and weaknesses. Next, determine your areas of competitive differentiation or advantage; that is, in what ways are you different from and ideally better than your competitors.

Marketing Plan

This part of the business plan is where you determine and document your marketing plan. . Your plan should be clearly laid out, including the following 4 Ps.

  • Product/Service : Detail your product/service offerings here. Document their features and benefits.
  • Price : Document your pricing strategy here. In addition to stating the prices for your products/services, mention how your pricing compares to your competition.
  • Place : Where will your customers find you? What channels of distribution (e.g., partnerships) will you use to reach them if applicable?
  • Promotion : How will you reach your target customers? For example, you may use social media, write blog posts, create an email marketing campaign, use pay-per-click advertising, launch a direct mail campaign. Or you may promote your home builder business via referrals or word-of-mouth marketing.  

Operations Plan

This part of your home builder business plan should include the following information:

  • How will you deliver your product/service to customers? For example, will you do it in person or over the phone only?
  • What infrastructure, equipment, and resources are needed to operate successfully? How can you meet those requirements within budget constraints?

The operations plan is where you also need to include your company’s business policies. You will want to establish policies related to everything from customer service to pricing, to the overall brand image you are trying to present.

Finally, and most importantly, in your Operations Plan, you will lay out the milestones your company hopes to achieve within the next five years. Create a chart that shows the key milestone(s) you hope to achieve each quarter for the next four quarters, and then each year for the following four years. Examples of milestones for a home builder include reaching $X in sales. Other examples include adding new products or services, launching a new marketing campaign, or expanding to a new location.

Management Team

List your team members here, including their names and titles, as well as their expertise and experience relevant to your specific home builder industry. Include brief biography sketches for each team member.

Particularly if you are seeking funding, the goal of this section is to convince investors and lenders that your team has the expertise and experience to execute on your plan. If you are missing key team members, document the roles and responsibilities you plan to hire for in the future.

Financial Plan

Here you will include a summary of your complete and detailed financial plan (your full financial projections go in the Appendix). 

This includes the following three financial statements:

Income Statement

Your income statement should include:

  • Revenue : how much revenue you generate.
  • Cost of Goods Sold : These are your direct costs associated with generating revenue. This includes labor costs and the cost of any equipment and supplies used to deliver the product/service offering.
  • Net Income (or loss) : Once expenses and revenue are totaled and deducted from each other, this is the net income or loss.

Sample Income Statement for a Startup Home Builder  

Balance sheet.

Include a balance sheet that shows your assets, liabilities, and equity. Your balance sheet should include:

  • Assets : All of the things you own (including cash).
  • Liabilities : This is what you owe against your company’s assets, such as accounts payable or loans.
  • Equity : The worth of your business after all liabilities and assets are totaled and deducted from each other.

Sample Balance Sheet for a Startup Home Builder  

Cash flow statement.

Include a cash flow statement showing how much cash comes in, how much cash goes out and a net cash flow for each year. The cash flow statement should include:

  • Cash Flow From Operations
  • Cash Flow From Investments
  • Cash Flow From Financing

Below is a sample of a projected cash flow statement for a startup home builder .

Sample Cash Flow Statement for a Startup Home Builder

You will also want to include an appendix section which will include:

  • Your complete financial projections
  • A complete list of your company’s business policies and procedures related to the rest of the business plan (marketing, operations, etc.)
  • Any other documentation which supports what you included in the body of your business plan.

Writing a good business plan gives you the advantage of being fully prepared to launch and/or grow your home builder company. It not only outlines your business vision but also provides a step-by-step process of how you will accomplish it.

A well-written business plan is an essential tool for any home builder company. The tips we’ve provided in this article should help you write a winning business plan for your home builder business.  

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How to Start a Custom Home Building Business

Jamie Kline

A career owning and operating a custom home building business is exciting. It’s also challenging. Most importantly, it’s rewarding. How many lines of work let you help people realize the home of their dreams? 

Like any other company, a custom home building business has to start somewhere.  

Opening your own custom home company is a large undertaking. It takes a lot of courage, too -- not everyone has the dint and determination to run their own business. 

By taking a thorough and measured approach to starting a custom home business, you’ll enjoy a long and engaging career. 

Starting a Custom Panelized Home Building Business: What it Takes 

Just like building a custom home, there’s a lot that goes into launching your custom home building business. The steps you take in the early days forming your company set you up for future success. To lay the foundation for a home building business that thrives, you’ll need to: 

  • Write a business plan 
  • Obtain licenses and permits
  • Secure finances and create a budget
  • Get insurance 
  • Form an LLC 
  • Set up an office or showroom
  • Hire a staff
  • Establish a list of subcontractors 
  • Do your homework

1. Write a Business Plan

Most entrepreneurs know what they want -- to run a business that does more than just pay the bills. Their company not only provides a living and a sense of pride, but also is poised for longevity. 

Creating a business plan lays a solid foundation for any fledgling company. A business plan puts your vision for your company to paper, giving you a tangible roadmap for your goals. 

Business plans don’t have to be lengthy, in-depth documents full of charts, revenue forecasts, or projections. It can be as simple as a one-sheet giving a brief overview of your company and its goals . Be aware -- if you’re planning to get a loan to start your business, most lenders require a detailed overview of your new company and plans for its future. 

2. Secure Financing and Create a Budget 

Starting a home building company isn’t free. There are plenty of start-up costs you’ll need to cover until your business begins generating revenue:

  • Renting or purchasing a space
  • Buying equipment
  • Paying utilities
  • Employee salaries 
  • Legal fees 
  • Insurance 
  • Marketing 

Unless you’ve saved up money, you’ll likely be headed to a bank or other financial institution for startup capital. Your lender will want to see a detailed budget of your anticipated costs for your first year of operation and at least the 3 years after that. The lender will also take a deep dive into your personal finances to make sure you’re a good candidate for a loan. 

With a budget in-hand, you’ll know exactly what expenses to anticipate and the revenue you’ll need to generate to meet them. 

3. Obtain Licenses and Permits 

Going into business for yourself is not simply a matter of opening up shop. At the very least, your company will need to be registered with the county it’s established in. If your custom home building company is one that completes actual construction work, you’ll likely need additional licenses and permits to operate.

Required licenses and permits vary by state and municipality . Your local code enforcement office is a great resource to learn about the forms you’ll need to complete to operate.   4. Get Insurance 

Insurance protects you and your company from those “what ifs.” Should the unforeseen happen, you won’t have to worry about losing your company or falling into financial ruin.   5. Form an LLC

An LLC -- limited liability company -- is a business classification. Through this designation, small businesses get the same legal protections as a large corporation. Practically speaking, establishing your custom home building business as an LLC provides a layer of protection between your company and your personal assets . That means any debts, liens, or lawsuits filed against your company stay there.

There are certain instances -- such as fraud -- where LLC protections for your personal assets don’t apply. And different states have different rules about what an LLC designation means for your business. Consult with a lawyer before forming your LLC.   6. Set up an office or showroom

There’s something to be said for walking into an office or showroom. 

For potential clients, going to a brick-and-mortar location gives the impression of legitimacy -- they’re not walking into someone’s house and sitting at their kitchen table to talk about their next home. That’s not to say a custom home building company can’t be run out of the owner’s home. Some do, but have a separate part of their house reserved strictly for business. 

Having a dedicated space for your business gives you plenty of room for:

  • Client meetings
  • A small library of custom home floor plans
  • Building material samples
  • Storing information for your custom home builder marketing plans

7. Hire a Staff

Custom home building businesses have two components: sales and project management. Both are equally important and deserve the right attention. As custom home construction projects are large undertakings, it’s best to have a support system of employees at the ready. 

At minimum, your company should have a home dealer and a project manager on staff. They’ll work in tandem with clients through each step of the custom home building process. 

A home dealer meets with prospects and handles most of the up-front work with a client, such as:

  • Selling a home package
  • Answering client questions
  • Understanding clients’ needs and wants
  • Orchestrating floor plan development 

Once a client commits to a floor plan, a project manager takes over to organize and oversee the development and construction of a home. This extends to clients who act as their own general contractors. 

With a home dealer and project manager working together, your company is able to service more clients and build more homes. 

8. Establish a List of Subcontractors

Whether your custom home building company is one that manages projects or builds homes, having a diverse list of dependable subcontractors is essential. 

While all home projects have similar construction elements that most general contractors can handle, some elements require specialized labor. It’s not uncommon for custom home builders to hire subcontractors to handle jobs that need a certain level of expertise, such as:

  • Installing a foundation
  • Electrical wiring
  • Creating custom shower enclosures 

With a bullpen of subcontractors, you’re ready to tackle custom home projects no matter what it takes to build them.

9. Do Your Homework 

Those looking to build a custom home want to work with someone well versed in making their project a reality. Nothing drives a client away faster than a custom home builder who can’t answer their questions.  

Doing your homework before opening your doors allows you to truly be a resource to clients. 

A successful -- and reputable -- custom home builder understands their local housing market and the factors that impact home construction, such as material or land prices. They’re also experts on the types of home packages available -- they can speak to all the details of a custom home build and the choices the client needs to make. 

How Barden Helps Your Custom Home Building Business  

Joining the Barden Building Products family as one of our Independent Dealers takes some of the pressure off launching a new business. 

Barden has worked with many new custom home businesses as they started up, giving them the support and tools to succeed. 

As one of our independent dealers, Barden provides you with: 

  • Mentorship 
  • Marketing materials and funding
  • Networking opportunities through our dealer network 
  • Reports on market conditions and housing trends 

As a partner to your business, Barden works with you to build a company poised for long-term success.

Start a Custom Home Building Business

Entering the custom home building industry is a big step for anyone. Successful companies don’t just happen -- they start with spending the time to lay the right groundwork .

By taking a thorough approach and getting everything you’ll need to operate lined up ahead of time, you’ll hit the ground running when you open. And you’ll be able to focus on what matters most: running a company to be proud of. 

Learn more about how Barden Building Products helps you start a custom home business.  Download our e-book, Becoming a Barden Independent Dealer: A Blueprint for Success:

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Business Plan Template for Home Builders

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Thinking about starting your own home building business? It's an exciting venture, but it can also be overwhelming to navigate all the details and complexities involved. That's where ClickUp's Business Plan Template for Home Builders comes in to save the day!

Our template is specifically designed to help home builders create a solid roadmap for success. With this template, you'll be able to:

  • Outline your goals, strategies, and financial projections with ease
  • Ensure that every aspect of your residential construction projects is accounted for
  • Stay organized and focused on your business growth and profitability

Don't let the challenges of starting a home building business hold you back. Get started with ClickUp's Business Plan Template for Home Builders today and take the first step towards building your dream!

Business Plan Template for Home Builders Benefits

When it comes to home building, having a solid business plan is essential. A business plan template for home builders can help you:

  • Set clear goals and define your strategies for success
  • Outline your financial projections and ensure profitability
  • Identify potential risks and create contingency plans
  • Secure funding from investors or lenders with a comprehensive roadmap
  • Streamline your operations and improve efficiency
  • Stay organized and focused on your objectives
  • Adapt to market changes and seize new opportunities
  • Achieve long-term growth and sustainability in the home building industry.

Main Elements of Home Builders Business Plan Template

ClickUp's Business Plan Template for Home Builders provides all the essential tools you need to create a comprehensive and effective business plan for your residential construction projects. Here are the main elements of this template:

  • Custom Statuses: Keep track of the progress of each task with statuses like Complete, In Progress, Needs Revision, and To Do.
  • Custom Fields: Use custom fields like Reference, Approved, and Section to add specific details to each task and easily organize and filter your business plan.
  • Custom Views: Access different views to visualize your business plan from various angles, including Topics, Status, Timeline, Business Plan, and Getting Started Guide.
  • Task Management: Utilize ClickUp's robust task management features such as assigning tasks, setting due dates, adding comments, and attaching documents to ensure smooth project execution.
  • Collaboration: Collaborate with your team in real-time, assign tasks, and track progress using ClickUp's intuitive interface.
  • Document Management: Keep all your business plan documents organized and easily accessible by utilizing ClickUp's Docs feature.
  • Integration: Integrate ClickUp with other tools you use, such as financial software or project management tools, to streamline your workflow and enhance productivity.

How To Use Business Plan Template for Home Builders

If you're a home builder looking to create a solid business plan, the Business Plan Template in ClickUp is the perfect tool to help you get started. Follow these six steps to make the most of this template and set your home building business up for success:

1. Define your vision and mission

Start by clearly defining your vision and mission for your home building business. What are your long-term goals? What values do you want your business to embody? Having a strong vision and mission statement will guide your decision-making and help you stay focused on what's important.

Use the Goals feature in ClickUp to outline your vision and mission for your business.

2. Analyze your market

Next, it's crucial to conduct a thorough analysis of the home building market. Research your target audience, competitors, and industry trends. Identify any gaps in the market that your business can fill, and determine how you can differentiate yourself from the competition.

Utilize the Board view in ClickUp to create cards for each aspect of your market analysis and track your findings.

3. Develop your marketing and sales strategy

With a clear understanding of your market, it's time to develop a comprehensive marketing and sales strategy. Determine how you will reach your target audience, promote your services, and generate leads. Outline your pricing strategy, sales channels, and any partnerships or collaborations you plan to pursue.

Use the Automations feature in ClickUp to set up reminders and notifications for important marketing and sales tasks.

4. Outline your operational plan

Your operational plan will outline how your home building business will function on a day-to-day basis. Consider factors such as staffing, project management, supply chain management, and quality control. Determine the key processes and systems you need in place to ensure smooth operations.

Create tasks in ClickUp to assign responsibilities and track progress for each operational aspect of your business.

5. Set financial goals and projections

To create a successful business plan, you need to have a clear understanding of your financial goals and projections. Set revenue targets, determine your pricing structure, and create a budget for your expenses. Consider factors such as material costs, labor costs, and overhead expenses.

Utilize the Table view in ClickUp to create financial projections and track your revenue and expenses.

6. Review and revise regularly

Once you've completed your initial business plan, it's important to review and revise it regularly. As your home building business evolves, you may need to make adjustments to your strategies and goals. Regularly reviewing and updating your business plan will help you stay on track and adapt to changing market conditions.

Set recurring tasks in ClickUp to remind yourself to review and revise your business plan on a regular basis.

Get Started with ClickUp’s Business Plan Template for Home Builders

Homebuilders can use this Business Plan Template for Home Builders to create a comprehensive roadmap for successful residential construction projects.

First, hit “Add Template” to sign up for ClickUp and add the template to your Workspace. Make sure you designate which Space or location in your Workspace you’d like this template applied.

Next, invite relevant members or guests to your Workspace to start collaborating.

Now you can take advantage of the full potential of this template to create a solid business plan:

  • Use the Topics View to outline different sections of your business plan, such as Executive Summary, Market Analysis, Financial Projections, etc.
  • The Status View will help you track the progress of each section, with statuses like Complete, In Progress, Needs Revision, and To Do
  • Utilize the Timeline View to set deadlines and milestones for each section of your business plan
  • The Business Plan View will give you an overview of the entire plan, allowing you to see how all the sections fit together
  • Use the Getting Started Guide View to provide step-by-step instructions for team members on how to create and implement the business plan
  • Customize the Reference, Approved, and Section custom fields to add additional information and categorize different sections of the plan
  • Monitor and analyze the progress of each section to ensure the completion of a comprehensive and successful business plan.
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5 models for the best house builder business plans.

Updated by: Business First Family September 24, 2021 in Entrepreneurship

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There are several models for a successful house builder business plan. When writing a house builder business plan, be upfront with customers and set realistic goals regarding your offerings. Utilizing the top models, you can ensure the customer understands everything you have to offer. As a house builder, you should consider the advantages of drafting your business plan with formal, structured models. In this post, we will discuss the various models for the best house builder business plans.

General Construction Business Plan

One model for house builder business plans is a general construction format. A general construction business plan model clearly establishes the goals of your business. For example, developing a detailed plan can help you understand external factors regarding the impacts of the automation construction industry . In addition, the plan should also identify the detailed steps involved in the construction process. Details include time frame, necessary funding and any other relevant information to reach the goals of the build. Be thorough when drafting this official document. After all, copies may also be supplied to financial institutions when borrowing funds. Surely, a general construction business plan can ensure the success of your house builder company.

Niche Construction Business Plan

Another type of house builder plan model is a niche construction business plan. Niche construction business plans aid in aligning your skills, crew abilities, competition and the market available. This particular plan is especially beneficial for larger businesses. Typically, these business plans focus on a specific service your business offers. This ensures that your business provides licensed professional workers to prospective customers. If you have formal training, this is an excellent resource to showcase your business’s professional abilities. Consider a niche construction business plan for your home builder organization.

Custom Home Builder Model

Customer desires for custom homes stem from a need for uniqueness and flexibility. Customers want their homes to be dynamic in architecture and design. These custom homes may have solar panels, recycled materials or private pools. Keep up with the latest trends and consider the unique desires of your customers. For example, you can stay updated with latest options for financing a manufactured home and successfully understand your client’s needs. With a growing demand for custom homes, a custom home builder model could generate more customers for your business.

Tiny House Builder Business Plan

The tiny house market can bring in large profits to your business. Typically, tiny homes sell within a range of $5,000 and sometimes exceeding $50,000. The size, location and amenities are factors that contribute to the price variations. Tiny homes have become more appealing to customers looking to downsize or simply as mini get a ways. The profit of your tiny house builder business is dependent on overhead costs, number of properties built and the real estate market within your location. Surely, a tiny house builder business plan can bring in large profits for your business.

Data Driven House Builder Business Model

A data driven house builder business plan model can ensure efficiency across your operations Data driven house builder business models enable more efficient access to building status and financial data all in one place. The key elements to a data driven model are centralized intelligence, dissecting key processes, visualization and automation. In addition, cloud based platforms provide a centralized location for all relevant digital information related to the build. With real time access to status updates on the building, construction can be streamlined and completed on time. To organize your business plan better, create a visual project schedule that clearly identifies the progress and sequence of the build. In fact, you should learn how to successfully manage multiple projects at a time and increase your flexibility. Advance your organization productivity and efficiency with a data driven house builder business model.

Of course, there are many different models for creating a house builder business plan. A general construction business plan clearly outlines the goals of your business. Niche construction business plans establishes your business providing a specific professional service. Consider a custom home builder model to entice a large market of customers. If you specialize in building tiny homes, a tiny house builder business plan could be right for you. Implement technology into your business by using a data driven house builder business plan. Surely, you can execute a successful house builder business plan by using one of these models.

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Remodeling Business Plan Template

Written by Dave Lavinsky

remodeling business plan

Remodeling Business Plan

Over the past 20+ years, we have helped over 1,000 entrepreneurs and business owners create business plans to start and grow their remodeling businesses. On this page, we will first give you some background information with regards to the importance of business planning. We will then go through a business plan template step-by-step so you can create your plan today.

Download our Ultimate Business Plan Template here >

What Is a Business Plan?

A business plan provides a snapshot of your remodeling business as it stands today, and lays out your growth plan for the next five years. It explains your business goals and your strategy for reaching them. It also includes market research to support your plans.

Why You Need a Business Plan

If you’re looking to start a Remodeling business, or grow your business, you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your remodeling business in order to improve your chances of success. Your business plan is a living document that should be updated annually as your company grows and changes.

Sources of Funding for Remodeling Businesses

With regards to funding, the main sources of funding for a remodeling business are personal savings, credit cards, bank loans and angel investors. With regards to bank loans, banks will want to review your business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to confirm that your financials are reasonable, but they will also want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a business. Personal savings and bank loans are the most common funding paths for remodeling businesses.

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How to write a business plan for a remodeling company.

If you want to start a remodeling business or expand your current one, you need a business plan. Below we describe what should be included in each section of a business plan for your remodeling company:

Executive Summary

Your executive summary provides an introduction to your business plan, but it is normally the last section you write because it provides a summary of each key section of your plan.

The goal of your Executive Summary is to quickly engage the reader. Explain to them the type of remodeling business you are operating and the status. For example, are you a startup, do you want to grow your business, or are you operating remodeling businesses in multiple markets?

Next, provide an overview of each of the subsequent sections of your plan. For example, give a brief overview of the remodeling industry. Discuss the type of remodeling business you are operating. Detail your direct competitors. Give an overview of your target market. Provide a snapshot of your marketing plan. Identify the key members of your team. And offer an overview of your financial plan.  

Company Analysis

In your company analysis, you will detail the type of remodeling company you are operating.

For example, you might operate one of the following types of remodeling businesses:

  • Residential Remodeling : this type of remodeling business focuses on renovations strictly for home-based projects, such as kitchens and bathrooms.
  • Design-Build and Whole House Remodeling: this type of remodeling are residential general contractors that are responsible for the architecture, design, and construction management of major home remodeling projects.
  • Restoration: Restoration contractors specialize in working with insurance companies, and focus specifically on fire, wind, or water damage to restore the home to its original condition before the occurrence.

In addition to explaining the type of remodeling company you will operate, the Company Analysis section of your business plan needs to provide background on the business.

Include answers to question such as:

  • When and why did you start the business?
  • What milestones have you achieved to date? Milestones could include the number of projects completed, number of positive reviews, etc.
  • Your legal structure. Are you incorporated as an S-Corp? An LLC? A sole proprietorship? Explain your legal structure here.

Industry Analysis

In your industry analysis, you need to provide an overview of the Remodeling industry.

While this may seem unnecessary, it serves multiple purposes.

First, researching the remodeling industry educates you. It helps you understand the market in which you are operating. 

Secondly, market research can improve your strategy, particularly if your research identifies market trends.

The third reason for market research is to prove to readers that you are an expert in your industry. By conducting the research and presenting it in your plan, you achieve just that.

The following questions should be answered in the industry analysis section of your remodeling company business plan:

  • How big is the remodeling industry (in dollars)?
  • Is the market declining or increasing?
  • Who are the key competitors in the market?
  • Who are the key suppliers in the market?
  • What trends are affecting the industry?
  • What is the industry’s growth forecast over the next 5 – 10 years?
  • What is the relevant market size? That is, how big is the potential market for your remodeling company? You can extrapolate such a figure by assessing the size of the market in the entire country and then applying that figure to your local population.

Customer Analysis

The customer analysis section must detail the customers you serve and/or expect to serve.

The following are examples of customer segments: homeowners looking to add on or update their home, those who have suffered a recent weather damage occurrence, and new homeowners who have purchased an older home that is in need of updates.

As you can imagine, the customer segment(s) you choose will have a great impact on the type of remodeling company you operate. Clearly, homeowners would respond to different marketing promotions than help those affected by weather-related incidents, for example.

Try to break out your target market in terms of their demographic and psychographic profiles. With regards to demographics, include a discussion of the ages, genders, locations and income levels of the customers you seek to serve.

Psychographic profiles explain the wants and needs of your target market. The more you can understand and define these needs, the better you will do in attracting and retaining your customers.

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Competitive Analysis

Your competitive analysis should identify the indirect and direct competitors your business faces and then focus on the latter.

Direct competitors are other remodeling businesses. 

Indirect competitors are other options that customers have to purchase from that aren’t direct competitors. This includes new home builders and large construction general contractors. You need to mention such competition as well.

With regards to direct competition, you want to describe the other remodeling businesses with which you compete. Most likely, your direct competitors will be remodeling businesses located very close to your location.

For each such competitor, provide an overview of their businesses and document their strengths and weaknesses. Unless you once worked at your competitors’ businesses, it will be impossible to know everything about them. But you should be able to find out key things about them such as:

  • What types of customers do they serve?
  • What type of remodeling businesses are they?
  • What is their pricing (premium, low, etc.)?
  • What are they good at?
  • What are their weaknesses?

With regards to the last two questions, think about your answers from the customers’ perspective. And don’t be afraid to ask your competitors’ customers what they like most and least about them.

The final part of your competitive analysis section is to document your areas of competitive advantage. For example:

  • Will you provide shorter project times?
  • Will you provide services that your competitors don’t offer?
  • Will you provide better customer service?
  • Will you offer better pricing?

Think about ways you will outperform your competition and document them in this section of your plan.  

Marketing Plan

Traditionally, a marketing plan includes the four P’s: Product, Price, Place, and Promotion. For a remodeling company, your marketing plan should include the following:

Product : In the product section, you should reiterate the type of remodeling company that you documented in your Company Analysis. Then, detail the specific products you will be offering. For example, in addition to temodeling, will you provide call design and architecture, project management, and any other services?

Price : Document the prices you will offer and how they compare to your competitors. Essentially in the product and price sub-sections of your marketing plan, you are presenting the services you offer and their prices.

Place : Place refers to the location of your remodeling company. Document your location and mention how the location will impact your success. For example, is your remodeling business located in a high traffic area, a business district, a standalone office, etc. Discuss how your location might be the ideal location for your customers.

Promotions : The final part of your Remodeling marketing plan is the promotions section. Here you will document how you will drive customers to your location(s). The following are some promotional methods you might consider:

  • Advertising in local papers and magazines
  • Reaching out to websites 
  • Social media marketing
  • Local radio advertising

Operations Plan

While the earlier sections of your business plan explained your goals, your operations plan describes how you will meet them. Your operations plan should have two distinct sections as follows.

Everyday short-term processes include all of the tasks involved in running your remodeling business, including offering free remodeling quotes, sourcing materials and labor, organizing subcontractors, client communication, etc.

Long-term goals are the milestones you hope to achieve. These could include the dates when you expect to land your Xth client, or when you hope to reach $X in revenue. It could also be when you expect to expand your remodeling business to a new city.  

Management Team

To demonstrate your remodeling business’ ability to succeed, a strong management team is essential. Highlight your key players’ backgrounds, emphasizing those skills and experiences that prove their ability to grow a company. 

Ideally you and/or your team members have direct experience in managing remodelings. If so, highlight this experience and expertise. But also highlight any experience that you think will help your business succeed.

If your management team is lacking, consider assembling an advisory board. An advisory board would include 2 to 8 individuals who would act like mentors to your business. They would help answer questions and provide strategic guidance. If needed, look for advisory board members with experience in managing a remodeling businesses or successfully running a construction company.  

Financial Plan

Your financial plan should include your 5-year financial statement broken out both monthly or quarterly for the first year and then annually. Your financial statements include your income statement, balance sheet and cash flow statements.

Income Statement : an income statement is more commonly called a Profit and Loss statement or P&L. It shows your revenues and then subtracts your costs to show whether you turned a profit or not.

In developing your income statement, you need to devise assumptions. For example, will you take on one new client at a time or multiple new clients ? And will sales grow by 2% or 10% per year? As you can imagine, your choice of assumptions will greatly impact the financial forecasts for your business. As much as possible, conduct research to try to root your assumptions in reality.

Balance Sheets : Balance sheets show your assets and liabilities. While balance sheets can include much information, try to simplify them to the key items you need to know about. For instance, if you spend $50,000 on building out your Remodeling business, this will not give you immediate profits. Rather it is an asset that will hopefully help you generate profits for years to come. Likewise, if a bank writes you a check for $50,000, you don’t need to pay it back immediately. Rather, that is a liability you will pay back over time.

Cash Flow Statement : Your cash flow statement will help determine how much money you need to start or grow your business, and make sure you never run out of money. What most entrepreneurs and business owners don’t realize is that you can turn a profit but run out of money and go bankrupt. 

In developing your Income Statement and Balance Sheets be sure to include several of the key costs needed in starting or growing your business:

  • Cost of contracting licenses and permitting.
  • Cost of equipment and supplies.
  • Payroll or salaries paid to staff and subcontractors .
  • Business insurance
  • Taxes and permits
  • Legal expenses

Attach your full financial projections in the appendix of your plan along with any supporting documents that make your plan more compelling. For example, you might include past remodeling projects or project quotes of client projects you are working on.  

Putting together a business plan for your remodeling business is a worthwhile endeavor. If you follow the template above, by the time you are done, you will truly be an expert. You will really understand the remodeling industry, your competition, and your customers. You will have developed a marketing plan and will really understand what it takes to launch and grow a successful remodeling business.  

Remodeling Business Plan FAQs

What is the easiest way to complete my remodeling business plan.

Growthink's Ultimate Business Plan Template allows you to quickly and easily complete your Remodeling Business Plan.

What is the Goal of a Business Plan's Executive Summary?

The goal of your Executive Summary is to quickly engage the reader. Explain to them the type of remodeling business you are operating and the status; for example, are you a startup, do you have a remodeling business that you would like to grow, or are you operating a chain of remodeling businesses?

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Building Construction Business Plan

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Concrete Installation

Executive summary executive summary is a brief introduction to your business plan. it describes your business, the problem that it solves, your target market, and financial highlights.">.

Introduction Concrete Installation LLC plans to become the leading provider of concrete formwork services in the area. This means always having the best and most efficient facilities, processes, and people. To achieve this, Concrete Installation is investing in many ways that will pay off in competitive advantages for its customers.

The company’s overall strategy will be based on a continuing improvement process of setting objectives, measuring results, and providing feedback to facilitate further growth and progress.

Concrete Installation is an Oklahoma Limited Liability company, with principal offices located in Sulphur, Oklahoma. Concrete Installation’s management is highly experienced and qualified. Mr. Barry Newman leads the management team with over ten years of experience in the construction industry.

Products/Services Concrete Installation has developed sophisticated formwork solutions for some of the most complex construction projects being done today. The company’s standard form systems are versatile and completely adaptable to a variety of configurations such as Y-walls, shafts, and circular walls.

The Concrete Installation system can be adapted to almost any construction requirement that calls for forming. The company’s expert staff has the capability to design and manufacture any custom component or accessory item that may be required to complete the formwork package.

Owners, developers, construction managers, general contractors, and concrete subcontractors have realized substantial savings in labor and material costs by using structural contours construction methods, systems and equipment. Applications include commercial and residential structures, bridges, educational projects, recreational projects, civil projects, tunnels, utility projects, environmental projects, and virtually every other type of concrete construction.

The Market The housing industry has proceeded at a red-hot pace for several years running. An all-time record was set in 1998, when 886,000 new-site single family homes were sold. That represented a 10% gain from the robust total of 804,000 homes sold in 1997, and an 8.1% rise from the prior record of 819,000 units in 1977. Single-family housing construction accounted for $48 million of the total $125 million generated in the industry. This makes for an excellent opportunity to expand Concrete Installation operations and gain significant market share in its primary target market segment. The company also plans to focus to a lesser extent on the residential and heavy construction industry, which is also very robust at the moment.

The company plans to rapidly develop marketing alliances with industry leaders and pursue new sales of its services to residential and commercial builders. The market strategy is to capitalize on Concrete Installation’s alliances by securing city, county, and state and federal government contracts.

Concrete Installation plans to use a direct sales force, relationship selling, and subcontractors to reach its markets. These channels are most appropriate because of time to market, reduced capital requirements, and fast access to established distribution channels.

Financial Considerations We expect to be profitable during the first year of operations. Despite initial large outlays in cash to promote sales, the company’s cash account is expected to remain healthy. The company expects to earn approximately 1.5 million dollars in revenue by Year 3.

1.1 Mission

The mission of Concrete Installation is to provide quality service at competitive pricing.

Building construction business plan, executive summary chart image

See why 1.2 million entrepreneurs have written their business plans with LivePlan

Company summary company overview ) is an overview of the most important points about your company—your history, management team, location, mission statement and legal structure.">.

Concrete Installation is an Oklahoma Limited Liability company, with principal offices located in Sulphur, Oklahoma.

Building construction business plan, company summary chart image

Concrete Installation will be committed to conducting business in a manner that protects the health and safety of all employees, customers, and persons living in the community where it operates. To accomplish this, Concrete Installation will ensure that it complies with current Health Administration and Occupational Health and Safety laws and will maintain its operations, procedures, technologies, and policies accordingly. Each employee will have the responsibility to fully comply with established safety rules and to perform work in such a manner to prevent injuries to themselves and others. Concrete Installation is very concerned about job-site safety and plans to set up a comprehensive safety program.

Concrete Installation’s formworks will offer major advances, complete adaptability, and high strength-to-weight ratio, and all at cost effective prices. Assembly will be quick and easy. During form use, maintenance will be minimal. Concrete Installation will recommend, as a safety precaution, occasional inspection for bolts and nuts that may have loosened from handling.

The required formwork drawings that Concrete Installation will furnish to the contractor eliminate all guesswork. The company will specify the order of assembly and erection including the location of the strongbacks and joists, the location and actual loading of the form ties, location of all accessories and advise clients of the maximum allowable rate of concrete placement.

Accident prevention is the cornerstone of Concrete Installation’s safety commitment. The company will strive to eliminate foreseeable hazards which could result in personal injury or illness; at Concrete Installation, health and safety will not be compromised. Concrete Installation will sell its services clients in the area of commercial construction.

3.1 Applications

The following applications are uses for Concrete Installation’s services.

  • Foundations
  • Parking Lots
  • Parking Garages
  • Low Rise/Tilt-Up
  • Flowable Fill/Soil Displacement
  • Retaining Walls

Market Analysis Summary how to do a market analysis for your business plan.">

Industry Statistics – Concrete Work

Special trade contractors primarily engaged in concrete work, including portland cement and asphalt.

Establishments primarily engaged in manufacturing portland cement concrete manufactured and delivered to a purchaser in a plastic and unhardened steel.

4.1 Market Segmentation

The housing industry has proceeded at a red-hot pace for several years running. An all-time record was set in 1998, when 886,000 new-site single family homes were sold. That represented a 10% gain from the robust total of 804,000 homes sold in 1997, and an 8.1% rise from the prior record of 819,000 units in 1977. Single-family housing construction accounted for $48 million of the total $125 million generated in the industry.

Home sales strengthened even further during most of 1999’s first 10 months. In that period, new single-family home sales increased by 4.8% on a year-to-year basis, to 791,000 units, according to the U.S. Department of Commerce. Through October 1999, seasonally adjusted sales had exceeded 800,000 on an annualized basis in every month since the start of 1998.

The record setting string of home sales since the second half of 1997 has forced builders to pick up the pace of their construction activity. During 1998, total starts increased by 9.7% to 1.62 million units. Starts for single family units moved up 12 % for the year, and those of multifamily units were ahead by 1.5%. As an indication of building activity at year-end 1999, housing starts in November 1999 came in at a seasonally-adjusted annual rate of 1.6 million units.

The table below outlines the total market potential of the three targeted market segments in the served markets (in US$ thousands).

(Information provided by Standard & Poor’s)

Building construction business plan, market analysis summary chart image

Strategy and Implementation Summary

Concrete Installation will be committed to ensuring that the products used on its’ customers job sites, everything from access scaffolding to concrete shoring frames and forming equipment, is safe and OSHA approved. Along with clients, the company believes in a health and safety initiative that is all pervasive, managing any potential loss in the work environment.

Concrete Installation will develop sophisticated formwork solutions for some of the most complex construction projects being done today. The company’s standard form systems will be versatile and completely adaptable to a variety of configurations such as Y-walls, shafts, and circular walls.

With that in mind, Concrete Installation will adopt a corporate strategy that is dedicated to improving the performance of activities on the critical path of its customers’ projects. The company will do this by building on its core strengths: innovative equipment, design engineering expertise, and project and site management, within an environment of safety excellence.

At Concrete Installation, customer service is a pro-active partnership, a relationship that ensures a professional, efficiently run, safe workplace. The company’s customer service philosophy starts at the top, is ingrained into the fabric of the company, and is closely aligned to Concrete Installation’s goal of contributing to its’ customers critical success factors.

Customer service can be divided into two interrelated areas: equipment and people. On the job site, with the help of a newly integrated technology system and a well-trained staff, Concrete Installation will be able to maintain excellent control over such key areas as inventory, shipments/deliveries, damage loss, and invoicing. Troubleshooting, which customer service representatives often do right on the job site, will be handled quickly and efficiently. On the people side, Concrete Installation will provide a highly qualified and well-prepared labor force, ensuring that schedules and deadlines are met and worker safety remains a top consideration.

5.1 Sales Forecast

The following table and charts show our projected Sales Forecast.

Building construction business plan, strategy and implementation summary chart image

5.2 Marketing Strategy

Concrete Installation plans to use a direct sales force, relationship selling, and subcontractors to reach its markets. These channels are most appropriate because of time to market, reduced capital requirements, and fast access to established distribution channels. The overall marketing plan for Concrete Installation’s service is based on the following fundamentals:

  • The segment of the market(s) planned to reach.
  • Distribution channels planned to be used to reach market segments: television, radio, sales associates, and mail order.
  • Share of the market expected to capture over a fixed period of time.

In addition, Concrete Installation plans to advertise in magazines, newspapers, and radio.

The table and chart below outline the company’s sales forecast for FY2000-2002. In our sales forecasts, the cost of sales includes only direct labor costs (administrative labor costs are discussed below).

Promotional Campaign

Concrete Installation is committed to an extensive promotional campaign. This will be done aggressively and on a broad scale. To accomplish initial sales goals, the company will require an effective promotional campaign to accomplish two primary objectives:

  • Attract customers who will constantly look to Concrete Installation for their construction projects.
  • Attract quality sales personnel who have a desire to be successful.

In addition to standard advertisement practices, Concrete Installation will gain considerable recognition through these additional promotional mediums:

  • Press releases sent to major radio stations, newspapers, and magazines.
  • Radio advertising on secondary stations.

Marketing Programs

For the first six months of operation, advertising and promotion is budgeted at approximately $11,000. A fixed amount of sales revenues will go toward the state Concrete Installation advertisement campaign. On an ongoing basis, Concrete Installation feels that it can budget advertising expenses at less than 10% of revenues.

Incentives. As an extra incentive for customers to remember Concrete Installation’s name, the company plans to distribute coffee mugs, T-shirts, pens, and other advertising specialties with its logo.

Brochures. The objective of brochures is to portray Concrete Installations’ goals and products as an attractive functionality. It is also to show customers how to use the latest in technology as it relates to construction and building services. Concrete Installation will develop three brochures: one to be used to promote sales, one to use to announce the product in a new market, and the other to recruit sales associates.

Management Summary management summary will include information about who's on your team and why they're the right people for the job, as well as your future hiring plans.">

The company’s management philosophy will be based on responsibility and mutual respect. Concrete Installation will maintain an environment and structure that will encourage productivity and respect for customers and fellow employees.

Concrete Installation will be responsible to its employees, the men and women who work with the company throughout the state. At Concrete Installation, everyone will be considered as an individual and the company will respect their dignity and recognize their merit. Employees will be encouraged to have a sense of security and pride in their jobs. Additionally, employees will be free to make suggestions and complaints. The company will afford equal opportunity for employment, development, and advancement for those qualified.

Concrete Installation employees will be committed to:

  • Providing a safe work environment to protect employees, the employees of customers and subcontractors, and the public.
  • Supplying safe products for customers.
  • Continuously improving the company’s safety program to reduce the risk of accidents and occupational illness in a changing work environment.
  • Encouraging employees to participate in accident prevention programs and take personal responsibility for their own and their co-workers’ health and safety.
  • Regulatory compliance and contribution to high safety standards for our industry.
  • Monitoring workplaces, enforcing safe work practices, and communicating the company’s safety performance to employees and other stakeholders.
  • Making safety a value-added service that the company provides to its customers.

6.1 Personnel Plan

Concrete Installation’s management is highly experienced and qualified. Mr. Barry Newman leads the management team. Besides the direct labor costs discusses in section 5.0, other labor costs include only Mr. Newman’s assistant and a part-time accountant. The table below outlines Concrete Installation’s personnel plan for FY2000-2002.

Financial Plan investor-ready personnel plan .">

The following sections describe the financials for Concrete Installation.

7.1 Projected Cash Flow

Projected cash flow statements for FY2000-2002 are provided below.

Building construction business plan, financial plan chart image

7.2 Break-even Analysis

During the first year of operations, the break-even sales volume is estimated as shown below.

Building construction business plan, financial plan chart image

7.3 Projected Profit and Loss

Concrete Installation is in the early stage of development, thus initial projections have only been made on accounts that are believed to most drive the income statement. 

Building construction business plan, financial plan chart image

7.4 Projected Balance Sheet

The table below provides Concrete Installation’s projected balance sheets for 2000-2002.

7.5 Business Ratios

The following table presents important ratios from the concrete work industry, as determined by the Standard Industry Classification (SIC) Index code 1771.

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How to Start a Custom Home-Building Business

by Andra Picincu

Published on 4 Dec 2019

More than 339,000 home-building companies are currently active in the United States, with over $89 billion in annual revenue. The construction market is growing at a steady pace, offering great opportunities for entrepreneurs. Starting a custom house-building company comes with its challenges, but it's well worth it. The key to success is to properly manage and deliver projects, have the right people on board and grow your business slowly.

Each city and state has different requirements for homebuilders. Before you get your business off the ground, make sure your employees and subcontractors hold the necessary licenses.

The Appeal of Custom Homes

A growing number of Americans are choosing custom homes. Finding the ideal location and environment is no longer enough. Customers nowadays want to have unique properties that offer flexibility in terms of architecture and design . Some are interested in green properties with solar panels and recycled materials, while others build smart homes with private pools, game rooms or on-site gym facilities.

There is no one-size-fits-all solution when it comes to building the perfect home. Production homes are still popular, but they cannot match the flexibility and convenience of custom properties.

Today's custom homes follow the latest trends, such as apartment-style spaces for multigenerational families, energy-efficient heating, screened-in porches and cutting-edge security systems. Some incorporate universal design features that allow their owners to live independently as they age. Lower countertops, no-step entries, wide hallways and nonslip floors are just a few examples. Other consumers want to have custom homes with open floor plans, spa bathrooms, commercial-grade kitchens, built-in wine cellars, hot tubs, dressing rooms and other luxury amenities.

Research the Home-Building Industry

Take these aspects into consideration before starting a custom house-building company. Think about what services you will offer, define your audience and research the market. Decide what types of materials you want to use and where you'll get them. Consider choosing a niche such as brick-, stucco- or wood-exterior homes to stand apart from the competition.

The home-building industry had a 2.5% compound annual growth rate , according to IBISWorld. Its high revenue and rapid growth are largely due to the increase in disposable income and the rising demand for single-family homes. Furthermore, home ownership rates are expected to increase as millennials reach 30. This generation accounted for 26% of all homebuyers in 2018.

With these things in mind, define your target market and seek ways to reach your customers. As a custom house-building company, you'll likely charge higher rates than production builders; therefore, you may want to target older millennials, baby boomers, business professionals or families with an above-average income. Consider customers' preferences too. For example, about two-thirds of homebuyers, including 88% of seniors and 75% of baby boomers, prefer single-story homes.

Make a Business Plan

Proper planning is crucial when starting a new home-building company or any other business. Define the exact steps for becoming a homebuilder, set realistic goals and decide on the time frame and resources needed to meet your objectives. A solid business plan should cover every aspect of running your construction company, from market research and financial projections to building permits. Determine your customers, the types of jobs on which you'll bid, how you will structure your business and how many employees you will need.

Define the scope and niche of your home-building company. Think about how much space you will need for construction materials and supplies, whether you will lease or purchase construction equipment and how you'll get financing. Your business plan should also cover the legal, regulatory and trade requirements to which you must adhere. Another aspect to consider is whether you will do everything yourself or subcontract others to complete certain projects or parts of a project, such as plumbing and carpentry.

For example, you may either hire project managers and architects or work with them on a project basis. Also, make a list of suppliers and request multiple quotes. Familiarize yourself with the different types of construction materials and study the industry trends, such as the growing demand for green homes. Plan to grow slowly so that you have control over the know-how, manpower and resources necessary for running your business and don't try to jump from building small wood houses to three-story villas overnight because that's a recipe for failure.

Register Your Home-Building Company

The construction industry has unique requirements that vary among states, counties and towns. Your best bet is to consult a lawyer or reach out to the Occupational Safety and Health Administration for more information. OSHA has specific regulations regarding safety training and education, protective equipment, acceptable certifications, occupational hazards, flammable liquids, construction materials, welding and more.

Start by registering your home-building company with the state. Once this step is completed, decide on a legal business structure, such as a limited liability company or a partnership, and then obtain a tax ID number from the IRS.

Hire an accountant to stay on the safe side in the event of an audit. Also, choose a comprehensive insurance plan that covers personal liabilities, work-related injuries, property damage and other situations that can result in hefty fines or lawsuits.

Get Licenses and Permits

Each state and city has different regulations for homebuilders. For this reason, it's important that you know the building codes as well as the licensing and bonding requirements enforced in your area. Most states require construction workers to have a general contractors' license and a specialty contractors' license. The latter is required for those who specialize in a particular field.

The California Contractors State License Board, for example, issues three types of licenses for general building contractors, general engineering contractors and specialty contractors. In this state, painters, carpenters, electricians, demolition contractors, masonry contractors and plumbers each have different licensing requirements. There are about 60 specialty classifications plus a few others classified as limited specialties , which include awning contractors, synthetic products contractors, decking contractors and others.

As a business owner, it's your responsibility to make sure your employees or subcontractors are fully licensed. Depending on your location, you may also need building permits, employee permits or license and permit bonds, which guarantee that you will follow the rules that govern your license. Maryland, for instance, requires home-building companies to register with the Home Builder Registration Unit of the Maryland Attorney General's Office and apply for a construction license.

Promote Your Home-Building Services

Once your company is registered and licensed, you can build a team and start marketing your services. Partner with real estate agents, interior designers, architects and other business professionals. For example, you can join forces with a real estate agent who sells land and engage in cross-promotion . Don't hesitate to take on smaller projects in the beginning because this will make it easier to build a strong portfolio and establish your reputation .

Another thing you can do is to use your compliance as a selling point. Many home-building companies are not fully licensed. If yours complies with the law, you have a competitive advantage. Mention this fact in marketing materials and when bidding on projects.

If you're targeting local homebuyers, advertise your service on the radio, on TV and in newspapers. Set up advertising campaigns on Facebook and Google to reach local prospects. As your custom house-building company grows, add customer case studies and photo galleries to your portfolio and share it on your website and social media pages. Put your logo on the company's cars, create architectural 3D renderings and virtual tours and use your website as a communication tool to inform and attract potential clients.

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5 Steps To Get Started on Your Home Builder Business Plan

John

  • February 7, 2024

Your custom home builder business plan will become your roadmap to success.

Over the next few years, your well-written, thoughtful, realistic home builder business plan will help you to:

  • Outline your business goals and mission
  • Clarify these goals — and define some strategies — for your staff
  • Attract new investors
  • And gain access to working capital and loans

The US Small Business Administration (SBA) says it best, “You’ll use your business plan like a GPS for how to structure, run, and grow your new business. It’s a way to think through and detail all the key elements of how your business will run.”

Your home builder business plan will be a critical document. Today, the AtlasRTX team is here to discuss five steps you should take to write an outstanding paper. Your first step is to tally up your current assets.

This is like creating a list before heading to the big box home builder supply store. You can only buy supplies to start a building project once you know what’s on hand. From there, you can create a list of needs.

1. Identify Your Assets

Your list of assets should include more than cash. Assets are also:

  • Real property (both land and commercial structures)
  • Vehicles and heavy equipment
  • Office systems
  • Professional licenses and certifications
  • Accounts receivable (money owed to you)
  • And even insurance policies

Banks and investors need to know what you’re worth, and these assets help define a value for your organization. Starting with an asset list will clarify your shortcomings and needs.

2. Identify Your Needs

Every home-building organization exists to generate income. Naturally, your business needs ongoing income and growth from year to year.

Financial institutions need to know how you will spend future funds. Will you have access to more collateral in the form of new work trucks or a crane? What about updated office equipment or expensive software?

When creating your new home construction business plan, consider your organization’s current status and the growth you hope to achieve.

You may need:

  • More staff or highly specialized employees
  • A better phone system
  • Updated electronics
  • Updated office furniture
  • A remodeled lobby
  • Advertising funds

You can move to step three once you identify your needs for the next few years.

3. Develop Your Goals for the Next 3 to 5 Years

Now that you know what you have and need , developing goals on paper is easy.

Your home builder business plan should outline your goals and develop a rough plan to accomplish them.

You may need to:

  • Increase overall revenue by increasing total sales
  • Improve your reach by advertising new regions
  • Improve community goodwill and reputation by hosting some events
  • Build a better, more interactive website to improve customer relationships

Every organization is unique, but these are some ideas to get you started. Now, it’s time to get writing.

4. Draft Your Home Builder Business Plan

It’s time to write!

Your first home builder business plan draft can include all sorts of wishes, aspirations, and pie-in-the-sky notions. Go ahead and write them; get them out of your head and onto paper. (You will edit them out later.)

We’ve linked free templates below if you need help writing your draft.

  • Hubspot free business plan template
  • Smartsheet free simple business plan template

Finally, it’s time to edit.

5. Edit Your Home Builder Business Plan

Proofread your custom home builder business plan closely, and ask someone you trust to proofread it, too. Remove any goals that seem too lofty or unrealistic.

Be sure to spell-check your document, then print and reread it. Watch out for clunky wording, and check your math and numbers closely. A misplaced decimal point or missing comma will look unprofessional.

Finally, it’s time to print the final version. Use high-quality, heavyweight paper and put your document in a presentation folder for that final touch of professionalism. You’ve worked hard on this document, so make sure it’s presented with the care it deserves.

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Home Improvement Business Plan

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The extensive marketplace and indefinite opportunities for expansion make home improvement a lucrative business venture to undertake.

Anyone can start a business, however, to captivate the highly competitive market space, one needs a comprehensive business plan. It will help you secure the funding and attain the desired growth potential.

Need help writing a business plan for your home improvement business? You’re at the right place. Our home improvement business plan template will help you get started.

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Free Business Plan Template

Download our free business plan template now and pave the way to success. Let’s turn your vision into an actionable strategy!

  • Fill in the blanks – Outline
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How to Write A Home Improvement Business Plan?

Writing a home improvement business plan is a crucial step toward the success of your business. Here are the key steps to consider when writing a business plan:

1. Executive Summary

An executive summary is the first section planned to offer an overview of the entire business plan. However, it is written after the entire business plan is ready and summarizes each section of your plan.

Here are a few key components to include in your executive summary:

Introduce your Business:

Start your executive summary by briefly introducing your business to your readers.

Market Opportunity:

Products and services:.

Highlight the home improvement services you offer your clients. The USPs and differentiators you offer are always a plus.

Marketing & Sales Strategies:

Financial highlights:, call to action:.

Ensure your executive summary is clear, concise, easy to understand, and jargon-free.

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2. Business Overview

The business overview section of your business plan offers detailed information about your company. The details you add will depend on how important they are to your business. Yet, business name, location, business history, and future goals are some of the foundational elements you must consider adding to this section:

Business Description:

Describe your business in this section by providing all the basic information:

Describe what kind of home improvement company you run and the name of it. You may specialize in one of the following home improvement businesses:

  • General home improvement business
  • Kitchen and bathroom remodeling specialists
  • Painting contracting
  • Flooring Companies
  • Home automation contracting
  • Describe the legal structure of your home improvement company, whether it is a sole proprietorship, LLC, partnership, or others.Explain where your business is located and why you selected the place.

Mission Statement:

Business history:.

If you’re an established home improvement service provider, briefly describe your business history, like—when it was founded, how it evolved over time, etc.

Future Goals

This section should provide a thorough understanding of your business, its history, and its future plans. Keep this section engaging, precise, and to the point.

3. Market Analysis

The market analysis section of your business plan should offer a thorough understanding of the industry with the target market, competitors, and growth opportunities. You should include the following components in this section.

Target market:

Start this section by describing your target market. Define your ideal customer and explain what types of services they prefer. Creating a buyer persona will help you easily define your target market to your readers.

Market size and growth potential:

Describe your market size and growth potential and whether you will target a niche or a much broader market.

Competitive Analysis:

Market trends:.

Analyze emerging trends in the industry, such as technology disruptions, changes in customer behavior or preferences, etc. Explain how your business will cope with all the trends.

Regulatory Environment:

Here are a few tips for writing the market analysis section of your home improvement business plan:

  • Conduct market research, industry reports, and surveys to gather data.
  • Provide specific and detailed information whenever possible.
  • Illustrate your points with charts and graphs.
  • Write your business plan keeping your target audience in mind.

4. Products And Services

The product and services section should describe the specific services and products that will be offered to customers. To write this section should include the following:

Describe your services:

Mention the home improvement services your business will offer. This list may include services like,

  • Design Consultation
  • Project planning & management
  • Installation and Remodeling Services
  • Repair & maintenance

Home improvement products

: List down home improvement products offered by your business. This list may include,

  • Building materials
  • Hardware & tools
  • Fixtures and fittings
  • Paint and coatings

Quality measures

: This section should explain how you maintain quality standards and consistently provide the highest quality service.

Additional Services

In short, this section of your home improvement plan must be informative, precise, and client-focused. By providing a clear and compelling description of your offerings, you can help potential investors and readers understand the value of your business.

5. Sales And Marketing Strategies

Writing the sales and marketing strategies section means a list of strategies you will use to attract and retain your clients. Here are some key elements to include in your sales & marketing plan:

Unique Selling Proposition (USP):

Define your business’s USPs depending on the market you serve, the equipment you use, and the unique services you provide. Identifying USPs will help you plan your marketing strategies.

Pricing Strategy:

Marketing strategies:, sales strategies:, customer retention:.

Overall, this section of your home improvement business plan should focus on customer acquisition and retention.

Have a specific, realistic, and data-driven approach while planning sales and marketing strategies for your home improvement business, and be prepared to adapt or make strategic changes in your strategies based on feedback and results.

6. Operations Plan

The operations plan section of your business plan should outline the processes and procedures involved in your business operations, such as staffing requirements and operational processes. Here are a few components to add to your operations plan:

Staffing & Training:

Operational process:, equipment & machinery:.

Include the list of equipment and machinery required for home improvements, such as hand and power tools, power generators, air compressors, ladders, safety equipment, etc.

Adding these components to your operations plan will help you lay out your business operations, which will eventually help you manage your business effectively.

7. Management Team

The management team section provides an overview of your home improvement business’s management team. This section should provide a detailed description of each manager’s experience and qualifications, as well as their responsibilities and roles.

Founders/CEO:

Key managers:.

Introduce your management and key members of your team, and explain their roles and responsibilities.

Organizational structure:

Compensation plan:, advisors/consultants:.

Mentioning advisors or consultants in your business plans adds credibility to your business idea.

This section should describe the key personnel for your home improvement services, highlighting how you have the perfect team to succeed.

8. Financial Plan

Your financial plan section should provide a summary of your business’s financial projections for the first few years. Here are some key elements to include in your financial plan:

Profit & loss statement:

Cash flow statement:, balance sheet:, break-even point:.

Determine and mention your business’s break-even point—the point at which your business costs and revenue will be equal.

Financing Needs:

Be realistic with your financial projections, and make sure you offer relevant information and evidence to support your estimates.

9. Appendix

The appendix section of your plan should include any additional information supporting your business plan’s main content, such as market research, legal documentation, financial statements, and other relevant information.

  • Add a table of contents for the appendix section to help readers easily find specific information or sections.
  • In addition to your financial statements, provide additional financial documents like tax returns, a list of assets within the business, credit history, and more. These statements must be the latest and offer financial projections for at least the first three or five years of business operations.
  • Provide data derived from market research, including stats about the home improvement industry, user demographics, and industry trends.
  • Include any legal documents such as permits, licenses, and contracts.
  • Include any additional documentation related to your business plan, such as product brochures, marketing materials, operational procedures, etc.

Use clear headings and labels for each section of the appendix so that readers can easily find the necessary information.

Remember, the appendix section of your home improvement business plan should only include relevant and important information supporting your plan’s main content.

The Quickest Way to turn a Business Idea into a Business Plan

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This sample home improvement business plan will provide an idea for writing a successful home improvement plan, including all the essential components of your business.

After this, if you still need clarification about writing an investment-ready business plan to impress your audience, download our home improvement business plan pdf .

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Frequently asked questions, why do you need a home improvement business plan.

A business plan is an essential tool for anyone looking to start or run a successful home improvement business. It helps to get clarity in your business, secures funding, and identifies potential challenges while starting and growing your business.

Overall, a well-written plan can help you make informed decisions, which can contribute to the long-term success of your home improvement company.

How to get funding for your home improvement business?

There are several ways to get funding for your home improvement business, but self-funding is one of the most efficient and speedy funding options. Other options for funding are:

  • Bank loan – You may apply for a loan in government or private banks.
  • Small Business Administration (SBA) loan – SBA loans and schemes are available at affordable interest rates, so check the eligibility criteria before applying for it.
  • Crowdfunding – The process of supporting a project or business by getting a lot of people to invest in your business, usually online.
  • Angel investors – Getting funds from angel investors is one of the most sought startup options.

Apart from all these options, there are small business grants available, check for the same in your location and you can apply for it.

Where to find business plan writers for your home improvement business?

There are many business plan writers available, but no one knows your business and ideas better than you, so we recommend you write your home improvement business plan and outline your vision as you have in your mind.

What is the easiest way to write your home improvement business plan?

A lot of research is necessary for writing a business plan, but you can write your plan most efficiently with the help of any home improvement business plan example and edit it as per your need. You can also quickly finish your plan in just a few hours or less with the help of our business plan software .

Can a good home improvement business plan help me secure funding?

Indeed. A well-crafted home improvement business plan will help your investors better understand your business domain, market trends, strategies, business financials, and growth potential—helping them make better financial decisions.

So, if you have a profitable and investable business, a comprehensive business plan can certainly help you secure your business funding.

About the Author

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Upmetrics Team

Upmetrics is the #1 business planning software that helps entrepreneurs and business owners create investment-ready business plans using AI. We regularly share business planning insights on our blog. Check out the Upmetrics blog for such interesting reads. Read more

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Custom Home Builder Business Plan and SWOT Analysis

Custom Home Builder Business Plan, Marketing Plan, How To Guide, and Funding Directory

The Custom Home Builder Business Plan and Business Development toolkit features 18 different documents that you can use for capital raising or general business planning purposes. Our product line also features comprehensive information regarding to how to start a Custom Home Builder business. All business planning packages come with easy-to-use instructions so that you can reduce the time needed to create a professional business plan and presentation.

Your Business Planning Package will be immediately emailed to you after you make your purchase.

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Custom home builders are in a unique business that allows them to generate substantial revenues by developing homes that have been architecturally designed specific for one individual or one family. One of the nice things about this business is that they are able to ensure that their revenues are generated in any economic climate given that the people that develop custom homes typically are higher net worth individuals are less swayed by an economic recession. Additionally, the operations of a custom home builder can be expanded or contracted depending on the overall nature of the housing market. Usually, a spike in interest rates does have a modest downward pressure on the revenues generated by a custom home building business. However, and again – these businesses are almost always able to produce revenues given at the high net worth individuals are helping homes are always going to be able to afford them even when the interest rates spike. Additionally, many custom home builders often operate in a general contracting capacity when they are not developing a new home. This general contracting work can provide a highly predictable revenue for the business as it relates to making general repairs to any home that has been developed by the custom homebuilder as well as by the general public at large.

One of the most difficult things of owning and operating this type of business is that there are a number of inputs that need to be dealt with via the construction of a home specific for one individual. Foremost, there are going to be a need for the homebuilder to maintain relationships with a number of specialty subcontractors. Given that these businesses operate on a per project basis, most custom home builders do not maintain a large staff of employees but rather use independent contractors and third-party subcontractors to render the services to the general public.

The operational expenses for this type of business are considered to be very high. However, the barriers to entry are considered to be moderately low given that any general contractor can operate in a custom home building capacity. Typically, the startup costs that are associated with a new custom home building business range anywhere from $100,000 all the way to $1 million depending on whether or not the construction equipment to be used for custom home building is going to be acquired.

Given that this is a real estate focus business, almost all financial institutions are willing to put up the necessary capital in order to start a new custom home building business. A business plan featuring a three year profit and loss statement, cash flow analysis, balance sheet, breakeven analysis, and business ratios paid should be developed. Within the financial model a special discussion should be had as it relates to the month-to-month revenue generation. In areas such as the Northeast where there are changes in seasons, it is important that the real estate developer or custom homebuilder properly showcased to financial institution that the bulk of revenues will be occurring during spring, summer,, and fall months. As such, it should be noted that the custom homebuilder will be required to continue to make any type of loan payment that may have been undertaken even when a project is not occurring. During these times, many custom home builders will provide general contracting services to the general public in order to satisfy any underlying financial obligation.

The only properly developed financial model, a full demographic analysis outlining the target market needs to be included as well. This includes not only a discussion regarding population density, median household income, and median family income but also a thorough examination of the value of the local or regional real estate market. This needs to include tables and charts that properly focus on land value as well as with the comparables home sales have been over the past 12 months. This will allow the custom homebuilder to understand his target market and the types of people that we targeted for these types of services.

A custom homebuilder marketing plan needs to be developed as well. This marketing plan should include a discussion regarding how to develop ongoing relationships with subcontractors within the market as well as with third-party real estate developers that may call on the business for specialized construction needs. A website that thoroughly showcases previous homes developed by the company, pricing information, and contact information needs to be included as well. One of the other ways that many custom home builders generate revenues from the onset of operations is to develop strong relationships with referring real estate agents as well as real estate brokerages. In some cases, a wealthy individual that is seeking to purchase an existing home may forgo this purchase if they do not find a home that they want and rather decide to build it. As such, the strong relationships with real estate brokerages and real estate agents can greatly increase the revenues of the business from the onset of operations. A presence.

Presence in social media is also important given that many people now view photos online on platforms such as FaceBook, Instagram, Google+, and Twitter. Of special importance to a custom home builder should be to maintain profiles on platforms such as FaceBook and Instagram given that these are image intensive websites. This will allow the business to develop a strong reputation among the general public as it relates to the quality of work. There has been a huge trend among custom homebuilders and real estate developers to maintain extensive social media marketing campaigns.

A custom homebuilder SWOT analysis should be produced as well. As it relates to strengths, most custom homebuilders are able to control their underlying operating costs given that the majority of these businesses operate on a per project basis. As such, in times of economic recession or spiking interest rates these businesses are able to effectively contract their operations in order to remain profitable. The general contracting services that may be rendered by this type of business can also offset any risks as it relates to taking on per project work. For opportunities, these businesses can readily expand into additional markets by establishing additional locations and by furthering relationships with referring real estate agents and brokerages. For weaknesses, this business is somewhat subject to fluctuations in the economy. As such, there are going to be years that are very good as well as years are not so great. As such, a custom homebuilder on for newer needs to be aware of these fluctuations and properly prepare for them at all times. For threats, really the only threat faced by these businesses are substantial and negative changes in the economy. A spike in interest rate often creates a much higher cost for housing. As such, if the custom homebuilder specializes in working with people that are more middle income this may hurt the business substantially. However, again – most of these businesses deal specifically with higher net worth individuals that are less swayed by a spike in interest rates, economic decline, or other deleterious economic activities.

Provided that the owner operator has a significant amount of experience in construction and general contracting, a custom homebuilder can be a highly profitable small to medium-size business to own and operate. As always, the entrepreneur needs to have a full understanding of the underlying input and operating costs related to this business in order to ensure that they are able to remain profitable on a year-to-year basis. These businesses are popular among banks and lenders in regards to capital given the fact that there is a substantial amount of collateral involved and it is real estate focused.

UK Small Business Startups and Funding

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Home Builder Small Business Idea and Business Plan

Starting your own small business in the UK isn’t easy but having a properly developed business plan will help you achieve success.

To start a Home Builder business in the UK, take the time and explain the idea via a business plan.

Understanding all of the aspects of the business idea will be the key to getting the Home Builder business running like a well-oiled machine. The business plan you develop will help you organize the elements needed into a strategy that you can actually use to startup, by paving a clear road map as to what you need to follow for the lifespan of your business.

Starting a Home Builder business isn’t easy, but when done right, it can lead to a lot of success.

To help you get started, you can use the free business plan builder tool to develop your own Home Builder business plan.

The business plan template is very easy to use, is interactive and will quickly and easily help you create your business plan just by answering the needed questions about your small business idea.

Create your own Home Builder business plan for free using the Business Plan Builder

The free business plan template builder is divided into a few easy to follow steps.

The free business plan builder template is provided by UKStartups.org to help you develop your own business plan. For step by step guidance, see the 5 steps below.

Once completed, the result will be a clean, professional plan that will help you start your own Home Builder small business in the UK.

When you have completed your Home Builder business plan, the next step will be to find available funding that will help, or to speak with a funding adviser who will assist you each step of the way to securing the needed funds to make your Home Builder business startup.

If you are looking to limit your startup costs when starting up a Home Builder small business in the UK, this free business plan builder tool will be it.

Starting a Home Builder business is only one of the ways others have used this free business plan tool. There are hundreds of different ideas you can start, and if you need guidance, do reach out to a UKStartups expert to get the needed assistance and guidance.

Step 1. Your business information

To develop a proper Home Builder business plan with the free business plan builder template, it is important to answer each of the questions about your business to the best of your abilities.

What is your business? What are the products/services you provide? Who are your customers? What are your goals…etc?

Having a clear explanation will help you create a in-depth business plan that you can actually use to start the Home Builder business and to apply for needed funding to cover your startup costs.

Step 2. Projecting your revenues/income

The Home Builder industry can have great results. Planning and projecting the financial figures to approximate what you will make each year is crucial to building a strong business plan.

What do you think your business will make from each of its products/services? Simply list your products/services, enter the appropriate financial figures (costs and expenses).

If you don’t have the figures, in many cases it is recommended to do a a bit more research on other Home Builder businesses locally and within your own region to get an idea of potential revenue. You can do your best to estimate the figures and growth potential.

If you need assistance in projecting, you can always contact UK Startups funding experts for the help.

Step 3. Your business market

As a Home Builder business, having a clear explanation of the market and industry that you are in will help you plan for the figure and will ensure you can take the business to the next level.

Explain your location of business, share specifics about your customers, showcase your competition and explain the advantages you have over your competition.

Step 4. The future plan

Starting your own Home Builder business and getting it off the ground is important to you.

No matter if you’re planning on applying for government funding for your Home Builder business or not, it is important to plan out the future and provide an explanation of how you will grow the business. This means explaining your marketing plan, your sales strategy and clearly outlining a growth plan for the next few years.

Be sure to break this down step by step to show how you intend on making sure your Home Builder business can grow each year.

Keep in mind that often business plans are focused on key people. Be sure to discuss yourself, your role and any other key figures in the business as well.

Step 5. The financials

In the end, it all comes down to the financials. If you are seeking funding, or not – the business plan you develop needs to have clearly defined financials or projections. The business plan builder tool makes it easy to develop your financial charts by simply entering your expected revenues per month and year. If you don’t have the figures as it’s a new business be sure to project the figures based on your expectations. If you need help with this, ask the UK Startups experts .

A clear breakdown of your funding needs is also recommended in case you are seeking funding and this free business plan template will help you with exactly that. When developing your Home Builder business plan using this free template, the above 5 steps are recommended in order to succeed. While there are other key points that will assist you in starting your business, finding funding...etc, the free template will help put you on the right path

Be sure to request a professional to review your business plan , to answer any questions you may have and to help you with the funding search once you’ve done the initial free template. You can request this directly via UKStartups.org and through the Small Business Startup Platform as a member.

If starting a Home Builder business is just one of your ideas, perhaps considering other options, here are some popular small business’s others have chosen to startup

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Business Insider

Business Insider

A software engineer built a tiny home for his mom and now he has a full-blown business selling DIY plans

Posted: December 21, 2023 | Last updated: February 22, 2024

<ul class="summary-list"> <li>Dan Louche set up Tiny Home Builders in 2009 after he built a tiny house for his mom. </li> <li>It offers a range of plans, with prices starting at about $200 for a 20-foot "Simple Living" plan.</li> <li>Customers can build their own tiny homes for as little as $10,000 in materials.</li> </ul><p>In 2009, Dan Louche's mom told him her health was deteriorating due to mold growing in her home following damage caused by a storm. </p><p>He knew something had to be done, but they couldn't afford to buy her a new home. While searching for an answer, the 47-year-old saw a PBS show about a woman who had built her own tiny home.</p><p>"I saw that and thought it would be an awesome solution," Louche told Insider.</p><p>He said that despite growing up in a family of contractors and having a background in engineering, he didn't have the expertise to build one himself.</p><p>"So I started researching and just really diving into it," he said. "Then I went out, bought a trailer and I started building that first house. It was never intended to be a business – it was really just trying to solve my mom's problem."</p><p>Through his experience he started to pick up skills, and he eventually decided he wanted to help others build their own tiny houses, so in 2010 he founded <a href="https://www.tinyhomebuilders.com/" rel="noopener">Tiny Home Builders</a>.</p><div class="read-original">Read the original article on <a href="https://www.businessinsider.com/how-to-build-own-tiny-home-company-plans-2023-4">Business Insider</a></div>

  • Dan Louche set up Tiny Home Builders in 2009 after he built a tiny house for his mom. 
  • It offers a range of plans, with prices starting at about $200 for a 20-foot "Simple Living" plan.
  • Customers can build their own tiny homes for as little as $10,000 in materials.

In 2009, Dan Louche's mom told him her health was deteriorating due to mold growing in her home following damage caused by a storm. 

He knew something had to be done, but couldn't afford to buy her a new home in Florida. While searching for an answer, the 47-year-old saw a PBS show about a woman who had built her own tiny home.

"I saw that and thought it would be an awesome solution," Louche told Insider. His mom wrote a blog about the construction and fit-out of her home.

He said that despite growing up in a family of contractors and having a background in engineering, he didn't have the expertise to build one himself.

"So I started researching and just really diving into it," Louche said. "Then I went out, bought a trailer and I started building that first house. It was never intended to be a business – it was really just trying to solve my mom's problem."

Through his experience he started to pick up skills, and he eventually decided he wanted to help others build their own tiny houses, so in 2010 he founded Tiny Home Builders .

Interest in building tiny homes appears to have steadily increase since 2020, according to Google Trends data for the search term "tiny home plans." So former engineer Louche may have made a smart business decision in selling plans to prospective builders. 

<p>When Louche and his wife went to visit his mom at her tiny home, she was surprised by how livable it was and how it met all her needs. </p><p>That was when he knew he could help others build their own, he said.</p>

"I thought maybe there's someone else who might have the same experience or a need to build their own," Dan Louche said.

When Louche and his wife went to visit his mom at her tiny home, she was surprised by how livable it was and how it met all her needs. 

That was when he knew he could help others build their own, he said.

<p>"We started to provide resources for people to help them build their own house," he said. <br><br>"Initially we started selling some of those to try and make up some of the money we spent on my mom's house, but it ended up growing bigger and now it's a company." </p>

He has a blog where he documented his mistakes and tips for people who also didn't have much construction experience.

"We started to provide resources for people to help them build their own house," he said. "Initially we started selling some of those to try and make up some of the money we spent on my mom's house, but it ended up growing bigger and now it's a company." 

<p>There are five plans on offer: Tiny Living, The Element, Tiny Studio, Tiny Retirement, and Simple Living. Each comes in a range of sizes.For people just starting out, the company also offers a design and construction guide that summarizes the process of building a tiny house."That gives you an introduction to the process," Louche said. "It doesn't give you the floor plan of a house, but it gives you some of the knowledge that you would need to go off and do it."</p>

Tiny Home Builders offers a range of plans in different sizes.

There are five plans on offer: Tiny Living, The Element, Tiny Studio, Tiny Retirement, and Simple Living. Each comes in a range of sizes.For people just starting out, the company also offers a design and construction guide that summarizes the process of building a tiny house."That gives you an introduction to the process," Louche said. "It doesn't give you the floor plan of a house, but it gives you some of the knowledge that you would need to go off and do it."

<p>There's also a comprehensive material list with approximate prices for materials. They can range from $10,000 to $25,000, according to the company's <a href="https://www.tinyhomebuilders.com/tiny-house-book">website</a>.Tiny Home Builders also offers two-day intensive workshop sessions to show people how to build the homes if they are ready to build their own house but don't have the knowledge.</p>

The plans offer instructions on how to build the homes and a cost estimate.

There's also a comprehensive material list with approximate prices for materials. They can range from $10,000 to $25,000, according to the company's website .Tiny Home Builders also offers two-day intensive workshop sessions to show people how to build the homes if they are ready to build their own house but don't have the knowledge.

<p>One of the most popular designs is the "Tiny Living" plan that costs $347. It has a big family living area, bathroom, kitchen, and a sleeping area and is offered in six sizes from 12 feet to 32 feet.</p><p>"I recommend the smallest house be 16 feet long because it can have a full bathroom, a full bedroom, kitchen, and couch. That's all a single person really needs," Louche said. "The smaller the house, the cheaper it's going to be to build."</p>

One of the most popular plans is for the "Tiny Living" design.

One of the most popular designs is the "Tiny Living" plan that costs $347. It has a big family living area, bathroom, kitchen, and a sleeping area and is offered in six sizes from 12 feet to 32 feet.

"I recommend the smallest house be 16 feet long because it can have a full bathroom, a full bedroom, kitchen, and couch. That's all a single person really needs," Louche said. "The smaller the house, the cheaper it's going to be to build."

<p>The company says it gets about 60 emails a day from people asking questions about the construction process.</p><p>"If we get a question two or three times we're putting together resources to help everybody else," Louche said. "We try to help everybody that we can because we want everybody to be successful and have a good experience." </p>

Customers can email the company for support during the construction process.

The company says it gets about 60 emails a day from people asking questions about the construction process.

"If we get a question two or three times we're putting together resources to help everybody else," Louche said. "We try to help everybody that we can because we want everybody to be successful and have a good experience." 

<p>The longest it's ever taken Louche to build a tiny home is a year, which was when he first started and while he was also juggling full-time job, he said.</p>

If two people are building a tiny home full-time, it can take as little as two months to finish.

The longest it's ever taken Louche to build a tiny home is a year, which was when he first started and while he was also juggling full-time job, he said.

<p>The main customer base is people who don't have kids, or people just starting a family, Louche said. There aren't many families living in tiny houses due their size, he added. </p>

It's mostly young people who buy the plans, Louche said.

The main customer base is people who don't have kids, or people just starting a family, Louche said. There aren't many families living in tiny houses due their size, he added. 

<p>The cost is a big plus, but the challenge for people building tiny homes has been finding places to park them. <br><br>Louche said some places such as California are passing laws to encourage ADUs, or Accessory Dwelling Units. <br><br>"It means they can be parked in anybody's backyard. When we first started there was a lot of resistance to adoption, but we're seeing that as time goes on, that resistance is dying down," he said.</p>

With a tiny house, you can have a home for the price of a car.

The cost is a big plus, but the challenge for people building tiny homes has been finding places to park them. Louche said some places such as California are passing laws to encourage ADUs, or Accessory Dwelling Units. "It means they can be parked in anybody's backyard. When we first started there was a lot of resistance to adoption, but we're seeing that as time goes on, that resistance is dying down," he said.

<p>People can sell their used tiny homes or ones they have built using the plans on their site via the marketplace.  </p><p><strong>"</strong>It's an extremely rewarding experience to help people build their own house. We want to make sure that we help people go through that process," Louche said. </p>

Tiny Home Builders also has an online marketplace to buy and sell tiny houses.

People can sell their used tiny homes or ones they have built using the plans on their site via the marketplace.  

" It's an extremely rewarding experience to help people build their own house. We want to make sure that we help people go through that process," Louche said. 

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Real Estate | San Jose wins back housing at Berryessa flea…

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Today's e-Edition

Real Estate

Real estate | deal with city reignites housing plan at berryessa flea market site in san jose, san jose had rejected developer’s less-dense ‘builder’s remedy’ application earlier this month.

The Berryessa Flea Market in San Jose, Calif., on Tuesday, Nov. 7, 2023. (Nhat V. Meyer/Bay Area News Group)

San Jose may have just rescued one of its most ambitious urban development projects — a plan to build thousands of homes at the site of the northside flea market.

Developers had threatened in October to use a legal provision, dubbed the “builder’s remedy,” to significantly scale back plans for a 61-acre “urban village” project at the popular Berryessa Flea Market, contending high interest rates and increasing construction costs made the original project financially infeasible. They sought to scale back the plan for 2 million square feet of office space and 3,450 housing units — which the city approved in 2021 — to just 940 townhouses.

On Wednesday, Councilmember David Cohen announced a deal with Erik Schoennauer, a land-use consultant representing the site’s property owners, to keep the original plan almost entirely intact. In return for withdrawing its builder’s remedy application, the city will help create a special property tax district to raise $100 million to fund onsite infrastructure improvements. It may also allow the developer to replace some of the office space in the plan with alternative uses, such as an assisted-living facility or affordable housing.

“I made it clear from the beginning I was opposed to the builder’s remedy application because it was not in keeping with the long-term vision with the site,” Cohen said in an interview. “I don’t think it’s wise to make a longterm decision on the property based on short-term economic conditions.”

Schoennauer, representing a group led by business executives Brian Bump and Thomas Bumb, said: “It’s all we needed to move forward in cooperation with the city.”

The deal will also allow the property owners to avoid a potentially lengthy legal battle over its application of the builder’s remedy, a provision of state law that allows developers to build projects of any size almost anywhere in cities without a state-certified housing plan. The state only approved San Jose’s plan on Jan. 30, leaving the city out of compliance for a year.

Earlier this month, the city decided to fight back against developers , including those behind the Berryessa development, who had used the builder’s remedy to scale back previously approved projects. Over 4,000 proposed units — including 2,500 at the Berryessa BART Urban Village — would have been cut from the plan.  They argued that the builder’s remedy, meant to compel cities to meet their housing production goals, can only apply when scaling up a project.

With the Berryessa development group acquiescing, that argument goes unchallenged for now.

“We’ve decided it makes more sense to work with the city to make something happen,” Schoennauer said.

That’s welcome news to one of the project’s biggest advocates — Mayor Matt Mahan.

“I was glad to see the property owner drop their Builder’s Remedy application, which would have significantly downsized housing and job capacity next to one of the most important public transit investments we’ve made in decades,” the mayor said in a statement. “I stand ready to work with them to secure infrastructure financing and get this project underway.”

Housing advocates like Mathew Reed, policy director for SV@Home, also celebrated the deal that the city reacher with the developer.

“There are still a lot of questions about how this comes together, but we are pleased there is greater commitment to getting back to a real high-density development that that BART station needs for the future of the city and the region,” he said, stressing the need to retain affordable housing planned for the site.

The Berryessa Flea Market which currently occupies the site is a local institution in East San Jose. It was first opened in 1960 by George Bumb Sr., and continues to draw hundreds of vendors — and thousands of customers — four days a week. However, speculation over the redevelopment of the site has been ongoing since the 2007, due to the BART extension project. In December, the Bumb family announced the flea market will continue to operate until at least 2026 .

The new deal’s proposed special tax district, a Community Facility District, can issue bonds to pay for on-site infrastructure improvements upfront, which are then repaid over time with a property tax applied only to parcels within the district. Schoennhauer expects to raise $100 million through the district to pay for improvements, including additional streets and sidewalks, sewer line extensions and two bridges over Coyote Creek.

Schoennhauer indicated that before submitting the builder’s remedy application, the city had dragged its feet on initiating the process to establish a community facility district, but said that Councilman Cohen’s assurances made him optimistic that the district would be created in the next 18 months. The city council must approve the district’s formation.

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