How to Start a Building Supply Business

What are the things that need to be done in order to start a building supply business? This question resounds in every aspiring building supply entrepreneur’s mind as they try to come up with a good building supply business plan to define their goals for the venture.

Fortunately, you can find a good building supply business guide through this article.

Come Up With a Business Plan

Normally, the first part of making a business plan is to conduct a study on the feasibility of your intended venture. This includes analyzing the nature of competition and identifying your building supply business competitors, so you can see in advance what obstacles you will have to tackle by the time your business is launched. Making a business plan also entails finalizing what you plan your business to be, and the direction you expect it to take. You outline your goals, both short-term and long-term and your strategies and tactics towards achieving these goals.

Your business plan is the document that you present to potential investors. Because of this, your business plan should contain all the necessary information about your business and should answer most, if not all, the investors’ questions. These questions would include funding, so in your business plan you would have to specify your startup cost for your building supply business. You would also have to explain your market, and identify potential building supply business clients. Do not attempt to fool investors by putting in promises and values that otherwise you cannot make up for, or else you may face legal action from your investors for fraudulent misrepresentation.

Put the Plan to Work

After finalizing your business plan, you are now ready to put the plan to work. First, you would need to procure and amass the resources that you need to get your business going. This is the main purpose of your business plan: to gain investors. To gain the needed funds, you would need to approach banks, financial institutions and even individuals that you deem able to provide the required capital for your startup building supply business. You would have to enter into deals and agreements with these individuals and institutions that would make them partial owners of your business venture. You would also need to recruit employees and a management team in order to run the business for you at different levels.

Once you have the funds you need, start using them to promote your business. Use it to finance the marketing schemes that you have outlined in your business plan. This is to announce your fledgling venture’s presence into the market so you could make the necessary connections and establish clients. Using the results of your analysis of your competition, come up with a plan that will give you an edge or at least match the services of your competitors so that you will gain customers.

58 Comments

  • sreekanth said on April 16, 2010
    I have a business plan to construct a site in bellary(karnataka) india. The place is situated in the heart of iron ore mountains which has crores of resources and people can anytime invest into it. with any amount of money. But i dont have a sufficient investment to start it.
  • Ricardo Pawlus said on June 10, 2010
    Currently living and settled in Guernsey Channel Islands and wish to set up a building supply business, which my father runs in Poland, to supply Guernsey with tools, such as sandpaper, disc's and plaster, for a competitive prices. I wish to know how I would start, many thanks Rik
  • Eric.D said on August 9, 2010
    I live in Brooklyn, New York. I'm planning to start my own buildings supply business. First, I have the financing ordeal on my mind. From obtaining investors, licenses what vehicles or machinery i need. And a good location. Please help
  • Ndeshi M said on October 11, 2010
    Ondangwa, Namibia. i recently started a building supplies business and i'm looking for advice on how to determine my mark-up and how to make provision for VAT without affecting my profit.
  • Joe R said on October 14, 2010
    I'm trying to start a retail building supplies business. We are wanting to open a store front and sale and install products but also sale to contractors and diy people. I need to find wholesalers in the southeastern united states hopefully in the Nashville Tennesee area. I also wandering abt the markup. I wanting to get a website up.
  • Pauline said on January 4, 2011
    I want 2 start my own supply building business at rabieridge, jhb, midrand. i want to know where will i get finance and how 2 write a business plan of such business. where will i get investors.
  • osazee omoruyi said on June 19, 2011
    form edo state nigeria,i want to no the step by step to take in starting a building supplying business
  • Abolore Oriyomi said on January 26, 2012
    Am trying to start a building supplies business in sub urban are of lagos state, Nigeria. i want to know how to write a business plan of such business, especially how to market the materials.
  • Tharp said on May 29, 2012
    Wanting to start a construction/building supply company (paint, lumber, fixtures, sheetrock, etc..) in SW Kansas as the closest building supply with decent cost is over 65 miles and the other places nearby are expensive. The town is expanding greatly with new business coming in and about 2000 people following (I know they'll need houses) and my parents get tired of driving so far to get supplies and the other places won't deliver materials.
  • Zabron Mapinda said on October 26, 2012
    Kilalo Bariadi, Tanzania, I recent want to start building supply business at Kilalo Village due to demand of the products to be very high and distance deliver materials is expensive too to follow in small quantity. The launching of the business will provide service to 12 villages surrounding where there is no such necessary service
  • Ekene Ewuzie said on January 12, 2013
    I'm 4rm Lagos Nigeria,I'm Enjoying my building supply business here in Lagos it pays
  • arvind nan said on May 5, 2013
    i want to start a small business of building material supplier in outer delhi near kanjhawala village ...please help me ...as much u can .....thank you
  • shamsudeen kambaza said on July 8, 2013
    I want to start a small business on building materials from ,kebbi state of Nigeria, address munifaz along emir haruna road, please I need advise and also d materials that I suppose to start with
  • Makono, said on August 15, 2013
    Sengerema-Mwanza, Tanzania. I wish to start building material business in Sengerema. i have the potential site for the business, the market is hot as the place is massively being built up. Any one around who wish to partner with me..mail me at, makonoblog at gmail dot com.
  • Paramjit said on September 3, 2013
    Business type : I want to start a small business of building material with mini investment Rs. 10,000,00.00 please give me guidance. Hoshiarpur, Punjab
  • William Benedictor said on September 17, 2013
    i want to establish a building materials business in Tanzania Mwanza city worth USD 32000 plz help me
  • John pack said on January 14, 2014
    I want to start up super market, but i don't where to start from, pls help
  • Khurram Shahzad said on January 16, 2014
    Hi, need a business plan of construction material supply business and Tacloban Philippines area affected by typhoon. Waiting for your kind response.
  • sourabh paryani said on May 10, 2014
    Sir i want to start cement dealership, which company is suggest for me? And how much amount for startup the business?
  • anupam jakhmola said on June 4, 2014
    Sir I want to start a construction material supply business in delhi and my investment will be about Rs.15,00,00,000 so plzz give me ur guidance and this amount will be from my side and i want to do in a partnership wid my 2 frnds they also invest this amount and we have our architect also so plzz give your suggestions to me.
  • oladunwo olaitan said on June 17, 2014
    sales of building materials is an existing business in my family, i want to handle it personally now pls help me with business plan and how to make it successful. thanks will appreciate response ASAP.
  • Boniface wanjohi said on July 31, 2014
    I am in kenya, and i want to venture into building and constructing materials. Investors are welcome
  • Abdul gaffar khan said on August 1, 2014
    Respected sir, I am starting a building material supplier business, can you please guide me for a strong business plan and the idea to make it successful. Thanks and Warms regards.
  • Naveen singh said on September 26, 2014
    i want to open a small building material business. pls tell me some needful requirements and such guidance for it.
  • sultan said said on October 1, 2014
    Dar es salaam, Tanzania , I need help to start One stop shop for Building materials product from a to x
  • Arnie said on November 3, 2014
    I want to be a boss in my own business, a plan for small amount to start investment in construction and mechanical equipment supply in Calgary and Alberta, Canada. Please advise.
  • churchill said on November 25, 2014
    hi, I'm looking forward to start small business of building material, plz your advice will be highly appreciated, thanks
  • roba yonis said on November 28, 2014
    dear, i am starting a building material supplier business, can you please guide me for strong business plan and the idea to make it successful. Thanks.
  • Shyamala Devi said on December 10, 2014
    Sir I am interested civil job. I am starting civil construction based job please guide me sir. thank u
  • sanket hore said on January 9, 2015
    I am in Barshi Town From Solapur district to start the business building material supply pls guide me. thank u
  • Mandy Kamara said on February 6, 2015
    I am a newbie in building & construction and general supplies in Kenya.I need a construction mentor and a personal developer.Anyone who is in the same biz in Kenya or understands it better from good experience and achievement.Anybody?
  • Osmond Madosi said on February 11, 2015
    I am interested in starting a material supply business and I live in South Africa Eastern Cape Province , East London.Help with a business plan and investors are welcomed.My cell no.0734900818
  • SURESH said on February 22, 2015
    I have my own warehouse in Dubai. if anyone want to start building materials supply as a partner within Dubai just mail me at suresh_kumar498@yahoo.com
  • Holison said on February 23, 2015
    We are a building and construction materials manufacturing company based in China. We are looking for possible investment in manufacturing of our products in Africa, if you can be our sales representative or agent in your region, we will be very glad to do business with you at a very profitable level for a win/win situation. Please email me for more details on our investment plans. sociosap@yahoo.com
  • munendra Pratap Singh said on April 1, 2015
    I want start a small business of building materials with hardware but I have no any financial support .Pls advice to me what to do.
  • Temi sola said on April 21, 2015
    Hello, I am looking at starting a construction/building material supply business. Kindly help me with a proposal. I am from Nigeria
  • shaibu rasheed said on May 30, 2015
    I live in Benin city, Edo state, Nigeria, and I am an undergraduate of AAU(Ambrose alli university)located in epkoma, I want to start a building material trade, so that I can assist my self, I told me dad, and he say it is a good plan, and he said that he will support me with some money, which I know that it will be enough,the only challenge that I am having is supplier, the one that I know are in Benin,and I wanted to start the business in epkoma,because I can always cum to benin,to transport my goods, because the journey to beni. epkoma is very far,and it transport will be very expensive,so I am looking for the closest support at affordable price
  • Mangilal Khileri said on July 11, 2015
    Hlw. Sir. I want to start a new small business. As a building materials suppliers. Pls suggest me what the basic requirement and financial support is required.
  • Angag said on August 30, 2015
    Dear Sir, I want to start a new small business. As a building materials suppliers. Please suggest me what the basic requirement and financial support is required.
  • CHRIS SAM beginner adviser said on December 5, 2015
    Hi All: Glad to read all the posts to learn how passionate you're in planning and launching your dream business. I'm a business and entrepreneurship development consultant based in Ontario, Canada. I'm willing and prepared to help you write a solid business plan for your business or teach you how to DIY,at a friendly fee. Also, I can help you implement your plan, to start and grow your business to greatness. If you're interested to leverage my skills,knowledge, and experience in business, below is my contact information.

    duricwizbizsolutions@gmail.com || Consultant

  • CHRIS SAM beginner adviser said on December 5, 2015
    DURIC Business Solutions is waiting to hear from you.Whatever kind of business plan you want to write,we're here to help you create and execute it successfully.We'll stand with and by you until you succeed in business. Contact me NOW!

    duricwizbizsolutions@gmail.com || Consultant

  • mahendra said on December 7, 2015
    I want to start a building material shop in deuri tehsil pali Rajasthan. I want to ask u that is this is a right decision and what amount I have to spend on this business
  • Ankit singh said on March 7, 2016
    I Live in etawah UP. I want to start business of building matterials supply . I have fund of only around 12 lakh . Please help me how to find investors and how to deal with them so that i can start up.
  • sanjiv kumar sharma said on March 9, 2016
    I SANJIV SHARMA LUDHIANA PUNJAB. EXSOLDIER PROPERTY ADVISOR. 30 TO 500 YRD PLOTS.HOMES HOUSES KOTHI SHOPS IN VERY CHEAPEST RATES.AVAILABLE ON INSTALLMENTS ASLO.
  • Lemmy Amatende said on June 5, 2016
    I am a Zambian with hopes of starting up a building material retail shop but lack startup capital and thus would love to start by being an agent distributor or dealer for a manufacturing company to jam-start me in this line of business. I need help in a good proposal and connection to suppliers or manufacturers.
  • costa said on June 18, 2016
    I export any kind construction Material for building and for decoration from china made in china at cheaper prices if you have interested. contact me
  • Richard Fernandes said on July 8, 2016
    Mr. @Costa: Greetings ! May I have your contact number plz ? Richard Fernandes. My Email: rich_sirsi@yahoo.in
  • dheeraj Singh said on July 27, 2016
    I want to start small building materials supplier business at kanpur UP pls give me a strong business plan & wholesaler at kanpur. waiting for ur reply.
  • Hassan said on August 5, 2016
    Hello @Costa, Could email me your contact information at Qalid_006@hotmail.com
  • kanhaiya Ganesh Ambhore said on November 10, 2016
    can I start new business as 50000 investment only.
  • Raghav kumar said on January 17, 2018
    I want to start a building materials supplier business. i want to know what is the investment in this field.
  • Shree ganesh construction said on March 12, 2018
    Hi i am jayesh shirose from badlapur mumbai.. I export any kind construction materual in cheap price.. If u r interested then msg me on 7057296725
  • Mugo said on April 28, 2018
    Hello I'm from kenya and would like to know the requirements for starting a construction and building material supply business and the amount of minimum capital required. I would also want to know how to keep the business successful. Thank you in advance.
  • Pretty said on September 19, 2018
    Hi, from Kenya, wanted to know the minimum amount someone can start construction building material and be successful
  • Brajendra Singh said on August 29, 2020
    I want to start a business in building materials. Please guide me on how I can manage
  • arjun said on November 15, 2020
    Hey GUYS, I AM FROM INDIA.. I WANT TO START THIS BUSINESS IN PARTNERSHIP. ANYONE INTERESTED PLS MAIL .. I HAVE CONTACTS TOO.. ARJUNKRISH621@GMAIL.COM..
  • arjun said on November 15, 2020
    I CAN GET CONSTRUCTION MATERIALS AT BEST PRICE. I HAVE MANY CONTACTS.. INTERESTED CONTACT ME. WE WILL WORK AS TEAM @ANUPAM JAKHMOLA
  • jitendra singh panwar said on November 15, 2020
    jitendra singh from india want to start building material business can anybody help me out . how to find customers & how to deal with them ? thanks email:js1132483@gmail.comj

    Comment

    (All the above fields are required.)