Small Construction Business IDEAS
Are you interested in starting a business in the construction industry? If YES, here are 50 simple construction business ideas you can start with little money.
The construction industry can comfortably boast to be responsible for the infrastructural development of the world; the development of any country or city is the handiwork of construction companies and other stake holders. In other words, all the edifices, bridges, dams, roads, estates, campuses, shopping malls, office complexes, skyscrapers and massive structures that you see around today, are all products of the construction industry.
Starting a construction business is capital intensive simply because of the type of heavy duty equipment that is required to carry out a construction project and also the cost of managing a large workforce. Despite the fact that the construction industry requires huge start – up capital, the industry is highly profitable -specifically if you have the expertise and capacity to deliver quality the jobs. The major clients for construction companies are governments and the private sector.
Construction giants all over the world head towards developing countries, because they know that they are to get juicy construction contracts there. Unlike in advanced economies, in developing countries and undeveloped world, there are loads of construction works to be done. The fact that they have infrastructure deficit means that the government must be up and doing in terms of road constructions, bridge construction, public facility construction (hospitals, schools, office facilities and estates et al) and dams constructions.
After war, the construction industry is one of the major stakeholders that contribute in the rebuilding of a country. In so doing, they work with governments in ensuring that basic infrastructures are restored and of course it will always result to a win – win situation for both parties. The government gets what they want and the construction company and contractors get good returns for delivering the projects.
Over and above, the success of a construction company to a larger extent depends on their relationship with the biggest clients in the industry; the government of any country. No doubt there is always enough construction contracts to go round, as long as a construction company is competent and well positioned, they wouldn’t lack construction contracts from both the government and the private sector.
Thinking of starting a trade in the construction industry, and haven’t found what area it is you may want to delve into? Well, here are 50 business ideas in the construction industry that an entrepreneur who is interested in start a business can choose from;
Of course one of the most popular businesses to start in the construction industry is to register and start a construction company. One thing is certain, surviving in the business world as a construction company requires more than knowing how to deliver standard projects- but also how to network with key people that matters and decision makers who can decide who a project is to be given to and all that.
So, if you are a civil engineer, a structural engineer or a profession in any related field and are looking for a business to start, then one of your options is to start a construction company; it is a thriving and profitable business especially if you know how to position your business.
- Start a Cement Manufacturing Plant
Cement manufacturing businesses is yet another construction related business that an entrepreneur should consider starting. Starting a cement production plant might be capital intensive, but one thing is certain, you aren’t going to struggle to sell your cements -especially if you are selling at a competitive price. If you have a solid capital base, then you should consider opening your own cement manufacturing plant.
This type of business is highly profitable in Africa simply because of the massive construction works that is going on all around Africa. That does not mean that if you live outside Africa that you can’t successfully go into cement manufacturing business; of course cements are sold in all the countries of the world.
- Go into the Manufacturing of Blocks and Bricks
If you are looking towards starting a cottage business in the construction industry, a business that requires low start – up capital and little or no technology, then you should consider starting a block and brick manufacturing company. As long as the construction industry is thriving, blocks and bricks manufacturing industry will also thrive. The construction industry is the major consumer of blocks and bricks and if you are into blocks and bricks manufacturing, you must ensure that you network with those in the construction industry; they are you major clients.