Algurashi Company

Designing and Planning atomic number 18 two factors that exist before a project comes into operation. Since the two processes are subject to the physical object we design or plan, it is clear that the specific guidelines may vary in reality. For example, people who intend to build a bridge might rent different tools and requirement then ones who intend to build a theatre. Hence, in tress management, the requirement for tendering a project is different from others. There are many particular products in facial expression management such as roads, offices, apartments, hotels, factories, and houses.Meanwhile, the activities in the sedulousness involve building a completely brisk structure or merely modifications of existing ones. Concerning the construction line of reasoning, this paper result discuss about the application of a concept to the start-up of a construction and/or real estate development companionship. This paper acts as a preliminary proposal for starting in the raw construction play along, named Algurashi conjunction. 2. Segment(s) of construction industry The development of economy has increased the demands for many anatomys of buildings to fulfill retail and incorporated customers.However, in general, there are tercet major segments in construction commerce they are general declarers or building contractors that build miscellaneous kinds of building such as industrial, residential/homes, and mercantile buildings (U. S. Department of aim Bureau of projection Statistics, 2005). Second type of contractors is civil engineering contractors. They craft involves the development and build of bridges, roads, sewers, and highways, to name a few. The Third type is finical trade contractors.This contractor conducts activities that occurs during the construction activities such as electrical ensnare up and installation, plumbing, painting etcetera (U. S. Department of project Bureau of Labor Statistics, 2005). Concerning type of contra ctors, Algurashi Company is a construction company that acts as a general contractor especially serving the residential/homes buildings. The reason of this alternative is because the number of residential building grows at faster rate than commercial buildings and customers may change or act home renovation some(prenominal) times to fulfill their needs. 3. Phases of the development processThe most interesting part in conducting residential construction industry is the products are heavily customized and thus it testament give Algurashi Company many experience of dealing with different kind of customers and home designs. Therefore, Algurashi Company will be a general contractor that both design and build residential buildings. However, in the first step, Algurashi Company will focus on building residential building and whole kit and caboodle with several home designers (architects). At the next stage, the company may attain some qualified architects to join the company to provi de or more complete services to customers.Since greater revenue comes from providing services to customers/home owners, at later stage, when Algurashi Company has developed housing that composes of teens or hundreds houses or apartments, the company may become the property management as considerably that provides the company with monthly revenue. However, during the development process, Algurashi Company must carefully take their go in developing their lineage especially concerning the financing scheme to computer memory the companys operation. Another challenging step for start-ups is to gather a sum of money to fund their operational cost as well as the capital expenditure.If entrepreneurs develop start-ups with valuable experience in conducting business in other firm, it is just the matter of creating a good business proposal to attract investors. There are various source of financial support available for start-ups such as personal bringing, family members, banks loan, an d venture capitalists. Personal saving is the least risky way since it does not provide any interest. dapple venture capitalist is a professional investors who may be in charge of a large pool of capital gathered from a range of sources (Isidro, 2004). 4. Type of company formationSince construction business requires a huge amount of money, Algurashi Company would be better to set up sound out ventures with other company. By definition, joint venture is a contractual promise between two or more companies to form a new company aims at executing a particular business undertaking. In this business model, all signed parties commit to share in the acquire and losses of the company (WebFinance, 2005). There are at least three benefits of forming a joint venture as a way to expanding business and grab new opportunities as following? Providing the new company (joint venture) with fortune to grab new capacity and expertise ? Allowing the new company to seek business opportunities in new geographic market or fuck off new technological knowledge ? Offering the new company with germinal ways of doing business out of core competence (Kotelnikov, 2001) 5. Organization graph/duties Following figure is the organization structure for the Algurashi Company. This proposed organization takes into account strengths and benefits of practicable joint venture in the future in order to perform well in the new company. ReferenceIsidro, Isabel M. (2003). How to Raise Money to part a Business. PowerHomeBiz. com. Retrieved September 28, 2007 from http//www. powerhomebiz. com/vol8/HowtoRaise. htm Kotelnikov, Vadim. (2001). Joint Ventures (JVs). Retrieved September 28, 2007 from http//www. 1000ventures. com/business_guide/jv_main. html U. S. Department of Labor Bureau of Labor Statistics. (2005). Construction. Retrieved September 28, 2007 from http//www. bls. gov/oco/cg/cgs003. htm WebFinance. (2005). Joint Venture. Retrieved September 28, 2007 from http//www. investorwords. com/267 1/joint_venture. html