The business plan will help you to define your business structure as well as the types of jobs you'll do. Are you going for mixed concrete installations or other types? Are you going residential, commercial, and industrial? What regions will you serve? This is especially important if you are a small company and don't want to expand your reach too soon.
You will also need to decide on your pricing structure. What pricing structure do you use? Do you charge fixed job prices or an hourly fee? So you know what amount of profit you need every year to be financially stable, it is important that you have an idea of the minimum number jobs you need.
The topic of your individual contractor license has been discussed before. Any contracting business that is operating in the state will need to register with the government and obtain a license from either the county, state or city. Additionally, you will require the following insurance types in order to begin your business:
It will take a lot of equipment to set up a concrete business. You'll need a vehicle that can transport your gear to each job. Additionally, you will need equipment like a computer or basic supplies for your office. Mix cement bags are a good option for smaller jobs. But you'll need to purchase more concrete materials. This could include buying a mixer.
You are well-equipped to handle the basic aspects of building a concrete business. But you need to be open to new ways to grow your company. Logistics is often a problem. A busy company may have difficulty keeping track of all jobs and deliverables, particularly because there is often a distance between the jobsite (or the front office). Even more so for commercial construction and public works. There are more parties involved in the result and the jobs are usually larger than residential.