Royal Final
Introduction
Royal Constructors Company focuses on ending the housing challenges in London city and its surroundings. The company targets on building homes for clients and also renovation services. Royal Constructors will offer affordable deals that allow middle earners to own houses. The company will also be strategically located a kilometer away from the London city, Ontario, Canada, along the busy highway to ensure customers can easily access the offices. The company would hire qualified staff an outsource some of the services to ensure that the homes built are of high quality and also affordable. Royal Constructors Company will be unique from other companies because of its exceptional deals that include building a house after payment of 20% down payment and payment is done in installment after consulting the bank.
The Opportunity
Royal Constructors will come to fill the gap left by other construction companies that offer services to the wealthy class that has ready cash for the construction of their homes and also business premises. I consider that the company would succeed because London has a scarcity of houses, and the ones suffering from high rental costs are the middle class. Royal Constructors would focus on delivering quality homes to mostly the middle class that works on the service industry and engage in an installment payment deal that other companies do not offer. I consider that it would be the right time for my business to join the market because the city has a scarcity of houses increasing the demand, especially among the middle-class earners. The other opportunity is the renovation and expansion services that are not there at all, and Royal Constructors will offer the service in addition to construction.
The Owners
I would run the business as a sole proprietor. I was born and raised in London, Ontario, Canada. As a resident of the London city environs, I understand the culture, the people, economic activities, and also the business dynamics. I was raised in a rental house for ten years, and I experience a little on the challenges of living conditions and the need for quality housing in London. The goal of joining the building and construction entrepreneurship is contributed by the fact that entrepreneurs raised me. My parents run a building and construction hardware as partners. The hardware is popular in London and its environs because it has several satellites in different locations. My father is my business advisor and mentor. He believed in my aspirations based on the performance in the hardware during the holidays. My parents supported me in joining the college to pursue a project management course that builds my foundation in the construction business. I am also passionate about houses and their designs, and this will trigger the development of quality housing for the people. I developed the construction experience a time when I had to deliver construction materials to a client in a construction site where I took tome to observe some of the building processes. I would like to withdraw $11,000 monthly from the business to meet my daily needs and also pay bills. The money would act as appreciation to the hard work, determination, and resilience.