RESIDENTIAL REMODELING BUSINESS PLAN IN NIGERIA
RESIDENTIAL REMODELING BUSINESS PLAN IN NIGERIA
Residential Remodeling Business Plan in Nigeria
This sample Residential Remodeling Business Plan in Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. Residential Remodeling Business Plan is a lucrative business that needs a lot of strategic Planning to start and a business coach like Dayo Adetiloye to help you start the Implementation.
Business Description of Residential Remodeling Business Plan in Nigeria
Business: RESIDENTIAL REMODELING
Industry: Real Estate (Residential Remodeling Business plan in Nigeria)
PATILAD REMODELING COMPANY is a start-up company and full service remodeling contractor that specializes in renovation of properties from single office buildings to business parks, interiors and exterior of residential buildings, individual retail units to large shopping centers. At present, we do mostly high-end, single room, kitchen/bath and whole house models. We are based in Makurdi, Benue State. We will engage in residential remodelling services such as residential additions, alterations and renovations, construction management for residential remodelling, fire and flood restoration, home improvement, porch construction, sunroom additions, kitchen and bathroom upgrades, systems and equipment, disaster repairs and other remodelling projects.
We are quite aware that home remodelling business requires huge capital base, which is why we have perfect plans for steady flow of cash from private investors who are interested in working with us. We can confidently say that we have a robust financial standing and we are ready to take on any opportunity that comes our way in the real estate industry. Our position is that of a superior-quality, unique and reliable company that is committed to customer satisfaction. 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. PATILAD REMODELING COMPANY 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.
Shelter remains a basic need for millions of Africans who need a roof over their heads. Now and in the near future, there is (and will be) an explosive demand for housing. This demand provides a lucrative potential to investors and entrepreneurs who are investing in residential buildings and real estate projects. Governments across the continent are also investing in public housing projects to reduce the deficit in many towns and cities. This population-driven investment in real estate projects by both investors and governments is leading to a growing demand for all types building.
Patilad Remodeling Company have overtime perfected plans that will help us to become a specialist in turning slums into beautiful cities and turning a run-down and dilapidated building into a master piece and that hopefully will be our brand and signature. This makes for an excellent opportunity to expand Patilad Remodeling Company operations and gain significant market share in its primary target market segment.
we will work towards becoming one of the largest residential remodeling companies in Nigeria with active presence in major cities. As part of our plans to make our customers our number one priority and to become one of the leading residential company in Nigeria, we have perfected plans to adopt international best practices that can favorably compete with the best in the industry. We will at all times demonstrate her commitment to sustainability, both individually and as a firm, by actively participating in our communities and integrating sustainable business practices wherever possible. We will ensure that we hold ourselves accountable to the highest standards by meeting our client’s needs precisely and completely. We will cultivate a working environment that provides a human, sustainable approach to earning a living, and living in our world, for our partners, employees and for our clients.
At Patilad Limited, 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 our goal of contributing to its’ customers critical success factors. What sets us apart from our competitors is the respect and professionalism we maintain by offering durable and reliable products that can stand the test of time.
The benefits of our products and services are
- Availability of several varieties of goods and products meeting the need of a wide range of class of people.
- Unique and durable remodeling projects.
- Exceptional customer care services.
- Fair and lowest possible prices.
Our products and services
PATILAD LIMITED is a full service remodeling contractor that specializes in renovation of properties from single office buildings to business parks, residential buildings, individual retail units to large shopping centers. At present, we do mostly high-end, single room, kitchen/bath and whole house models. It is our philosophy that we can offer a quality product in a timely fashion giving our customers one-on-one service. We provide best quality facilities management services which include complete property management, maintenance and repairs so as to ensure maximum comfort for all clients. We manage scheduling, estimating, budget control, value engineering, sub-contractor bid solicitation, on-site supervision, quality control, cost control, safety monitoring, total project management and a commitment to delivering expert approach and exceptional value. Our products and Services are as follows;
- Whole House Remodeling
- Kitchen and Bathroom Upgrades
- Green Remodeling
- Residential additions, alterations and renovations
- Construction management for residential remodeling
- Disaster Repairs
- Wing Remodeling
- Sunroom additions
- Real Estate Consultancy and Advisory services
Keys to Success
The keys to success for the Residential Remodeling business include:
- Craftmanship: No matter how good the marketing program is, poor-quality work will destroy our base of referral business. It will also take us out of our high-end market.
- Marketing: Creating a desire for our services above all competitors is a key to our continued success, as well as creating the perception that we are the top of the line.
- Building Materials: In order to turn a profit, we need to have a good feel for the prices of materials in our area, and where to get the best deals.
- Experts with extended years of professional service.
- Competitive pricing.
Objective for Residential Remodeling Business Plan in Nigeria
- Constant growth in sales to $2 million by August, Year 5.
- To increase the number of designs offered by 8% per year.
- To provide 10% of gross sales for owner and 10% of gross sales for company.
- To improve net profitability to 12% by end of fiscal Year 5.
Goal for the Residential Remodeling Business Plan in Nigeria
To become one of the top 10 residential remodeling companies in Nigeria within the first 10 years of starting the company.
Vision for the Residential Remodeling Business Plan in Nigeria
Our vision is to help people, businesses and property owners remodel their homes to fit into the ideal mental pictures they have of how a world-class home should be.
Mission for the Residential Remodeling Business Plan in Nigeria
Patilad Remodeling Company is a full-service remodelling company that is devoted to building the dream homes of local high-end clients.
We believe that attention to detail and customer service sets us apart from our competition, and it is what allow us to continue to focus on high-end projects. We work with the property owner to select the highest-grade materials possible, and we continue to contact the customer even after the job has been completed.
Management Team of the Residential Remodeling Business Plan in Nigeria
KANU Nwankwo – has a degree in Building Engineering and he is a property guru that has worked with top Real Estate Companies in Nigeria for many years prior to starting her own business. He is a resourceful young man with practical experience in construction management, infrastructure, cost estimation, and management. He has worked both in consulting and contracting organizations and has successfully managed various technically challenging projects for government, corporate set up and private clients.
Mr Dayo Adetiloye – (B. Agric., MBA, and PMP): He has over 15 years’ experience in business management, business start-up dynamics, financial management of business and overall business growth and development. He is an alumnus of Enterprise Development Centre (EDC) of the Lagos Business School (LBS), Pan African University (PAU). He is our business development strategist and a strategic partner.
We brought to the business:
- Educational skill and practical experience in Residential Remodeling
- Capacity to consistently provide outstanding service.
- Quality processed product and good understanding of the market trend.
- Our staff brings operational, marketing and promotional skills to the business.
Management experience gained for the Residential Remodeling Business Plan in Nigeria
With over 7 years’ experience in Residential Remodeling Industry and numerous exposure to both the scientific and practical aspect of services, I’ve being able to master the technical requirements, financial management, staff recruitment and organization skills among other things necessary to give the industry good commendation from our clients.
My managerial skill has also helped in putting together a workforce for over 5 years, which will also help me to coordinate the team work in most aspect of the company.
I am the CEO of the company overseeing the day to day activities of the business.
Materials and Machine for Residential Remodeling Business Plan in Nigeria
Store facility, solid-steel framing hammer with riooing claw, tool pouch/fastener pouch, hammer loop and work belt, safety glasses, extension cords, demolition bars, brooms, shop vacuum, ladders, hearing protection, lung protection, tarps and drop cloths, tapes, saw blades, drill bits, pliers, saw horses, coveralls, etc.
Competitor Analysis for Residential Remodeling Business Plan in Nigeria
People buy from us because of the following reasons:
- Commission structure and relationship with freelance real estate agents.
- Unique and durable remodeling projects.
- Robust experience and expertise of our team experts.
- Fair and best possible prices and discount offers.
Our three major competitive advantages are:
- Commission structure and relationship with freelance real estate agents.
- Unique and durable remodeling projects.
- Fair and best possible prices and discount offers.
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Our Vision:
To become the leading grassroot business Hub that provides Business
Development Services in the global online community
Mission Statement:
- Provide bespoke management and business planning consultancy
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- To inspire, empower and champion entrepreneurship in the global online community.
Business Goals and Objective
- Engender national prosperity by contributing to the creation of at least 100 new businesses every year
- Become a go-to brand for outstanding business development services for MSMEs
- Strategic partnership with local and international organization to empower start-ups
- Continuous innovation to serve our clients better
Core Values:
Integrity
Opportunity Maximization
Digitalization
Personal Development (Capacity Building)
Excellent Customer Satisfaction
Timeliness
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