Feasibility Study for a Contracting Company Pdf, the contracting field has become one of the very profitable fields in light of the urban renaissance witnessed by many Arab countries in recent times, so it is necessary to carry out a feasibility study for a contracting company project in order to ensure its success with the actual steps, so we will talk today about a small contracting establishment project And How To Implement A Feasibility Study For A Contracting Company Pdf.
Feasibility study of a contracting company pdf
You can start your own contracting company project with a small capital, by specializing your company in one of the different contracting fields.
With time, gaining experience and building a mass base, you can increase the size of the company and expand in more than one field of contracting:
Finishing companies and complementary works.
Engineering consulting firms.
and land reclamation companies.
Public works companies.
And sewage station evaluation companies.
Construction and foundation company.
Before we get to know the feasibility study of a contracting company and what are the requirements to actually start implementing it, you must know the most important factors for the success of a contracting company’s feasibility study model.
As this project, like other projects, needs an economic feasibility study, and it has several factors that must be met in the feasibility study:
Determining the company’s field of work in any of the contracting fields that we mentioned together.
Choosing the location of the company near the new urban communities, there you will find greater opportunities to implement many projects in the field of contracting.
Knowing the best types of machines and necessary devices and the best places that sell these machines at the best prices.
Study the market well and know and evaluate the competitive forces that exist for other companies operating in the same field.
How to run a contracting company successfully
The goal of any project is profit and achieving the desired dreams, and the implementation of this goal depends on the project owner and his ability to manage the project and his keenness to research and learn about everything related to the project and everything new in the market.
And comparing the current situation of the company with competing companies, and the project of a contracting company aims to reconstruct the country and provide modern and developed capabilities well and effectively.
In order to successfully run a project like this, you need to implement these elements:
First, the formation of the administrative structure of the company:
Company executive director.
Secretarial and Public Relations Officer.
Marketing and Sales Officer.
Executive Engineer for the company’s business.
An accountant with experience in how to deal with various government departments such as taxes and insurances.
Responsible for legal affairs for writing contracts and terminating contracts.
A worker for cleaning and other works within the company.
Second, the necessary machinery and equipment for the contracting company:
The company needs some machines and equipment, the most important of which are the following:
Providing iron tools and clips.
It is preferable for the company to own a 3-ton pickup.
Providing cranes with all their requirements for transporting supplies.
Provide an electric machine.
Provide timber and black houses.
Contracting companies, like any other companies, need a good marketing plan to advertise the activities they offer. Advertisements for the company must be made on social networking sites, in addition to making attractive discount offers in the field, as this will definitely attract you a lot of customers.
Contracting establishment project cost
Finally, we come to the cost that a contracting company project will need to stand on its feet, but let us tell you about some of the things that you should consider.
The cost of such a project depends on the effectiveness and quality of its feasibility study, in order to avoid unexpected losses. If you intend to carry out the feasibility study on your own, you must search well to find out all the data related to the feasibility study of a contracting company.
Or to save yourself from wasting time and effort without success or to ensure the success of this study, and resort to one of the companies specialized in the field of feasibility studies, and one of the most famous companies in this field.
A technical company specialized in many fields, the most important of which is the field of carrying out feasibility studies for various projects, and is characterized by the development of alternative plans in cases of danger.
The second area is effective e-marketing, as it uses the latest methods and advertising methods, through various social media and social media sites such as Facebook, Instagram and others.
In spite of this, administrative and economic consultations are provided to the investor at any time, so that his project comes to light and acquires good experience in the field in which he works.