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Full-Text Articles in Business
A Business Plan For Construction Companies Entering Into Real Estate Development, Dylan Michael Barrett
A Business Plan For Construction Companies Entering Into Real Estate Development, Dylan Michael Barrett
Construction Management
The construction industry is one that has been lucrative yet difficult to navigate at times. Companies must continually adapt to potential changes in the market and shifting consumer demands while ensuring that their core business ideologies are not abandoned. For these reasons, many construction companies have found that being flexible in the work they do proves to give consistent results for their businesses. One way to change business models is to pursue real estate development. Its lucrative rewards prove a great additional revenue stream. This project aims to provide insight, via a business plan, as to how a construction company …
Site Development Feasibility Study, Andy A. Tenekjian
Site Development Feasibility Study, Andy A. Tenekjian
Construction Management
A feasibility study in the world of construction is deemed as a preliminary due diligence process in which key components of a project are addressed to determine if the project is viable or not. These components are related to time and money, and the end goal of a feasibility study is to determine if the initial investment of time and money is worth the amount of future financial return. What deems a project successful in the preliminary stage is up for interpretation. Each developer and investor have their own return on investment threshold in a multi-family project like the one …