Masonry Magazine March 2006 Page. 53
ADVANCED
will it serve as a management and operations tool? The answers to these questions will determine the complexity of your business plan.
An example of the sections you might include in your plan are:
* Summary
* Business Description
* Vision Statement
* Operations
* Products and Services
* Market Analysis
* Competitive Analysis
* Strategies
* Marketing Plan
* Financial Factors
You may find that updating your plan at the beginning of every financial period, annually, quarterly or even monthly may be necessary. Following are just a few examples of why it would be necessary to update your plan:
* Your business may need additional financing for an accelerated growth period.
* There may have been a significant shift in regulations or market trends.
* Product and technology changes.
* Changes in management.
* The employment of additional people or the addition of another department.
If your old plan just isn't relevant any more, then you need to update it.
Finally, don't be afraid of hiring a consultant or checking with governmental agencies or organizations dedicated to helping entrepreneurs. There are federal and state commerce departments that are helpful, as well as software and books that are useful in helping to create and implement your business plan.
Ron Willis is owner of Masonry Estimating and Consulting Services (MEACS). A veteran masonry estimator, he has been in the masonry business for more than 40 years. He can be reached at (817) 822-8595 or ron@meacs.com.
CAST STONE, INC.
Advanced Cast Stone, premier manufacturer of cast stone, is centrally located in the Dallas/Fort Worth area with a 70,000 sq. ft. production facility. We provide masons with exacting products and an easy locator system for prompt, economical cast stone delivery to any jobsite.
Services available for the mason:
* Comprehensive Color Lab
* Quick response on shop drawings
* Creative architectural sample boxes available
* Capabilities brochure listing projects throughout the U.S.
* Toll free number to talk with our estimators and sales team to speed your project along
For Information Call:
Tim Michael
Vice President of Sales
800 687-4352
or e-mail me at
tim@advancedcaststone.com
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www.advancedcaststone.com
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The Voice of the Mason Contractor
March 2006
Masonry 51