The business plan for soil stabilization should describe what the stabilization methods will be and, if relevant, the area in which you will use them. If you run a small firm that specializes in soil stabilization generally and will be bidding on multiple contracts for this sort of work, your business plan should look at the regional market for jobs like this. Your plan should also give some background information on the nature of the soils in this region and your specific expertise in treating them. If you need funding for a specific (singular) project, then focus on that job and give as many details as possible about the nature of the scope for bids and the type of returns you can generate by keeping your costs down. In general, a soils business plan needs to:
• Show the market opportunity
• Tell what your background is in this business
• Talk about the state of the industry and its projected growth
• Explain how you will market your services
• Offer a 3 to 5 year pro forma model of expenses and revenues
The business plan's financial component should show either the projected return from the single venture you're targeting or, more likely, an extended pro forma that outlines how your soil stabilization business can turn a profit over a three-year or five-year period (the former for a bank's review, the latter for investors). Tables to include are use of funds (start-up summary), a personnel plan, the revenue forecast, a break-even analysis, the profit and loss tables, a cash flow assessment, and a balance sheet, in addition to a monthly look at the first year. You should also identify the market need and provide at least a brief overview of your implementation strategy. Want assistance from a professional firm? MasterPlans has made more than 9,000 business plans to date – call today (877) 453-2011.
