The first decision that the entrepreneur must make is what type of business he/she wants to start. The decision should be based on the amount of knowledge and skill that they have in the field that they are considering. The better that they know the industry, the stronger there likelihood they will have a successful business, and the better base they will have for the rest of the decisions that will have to be made in the time to come.

The next important decision in the business planning process is the legal structure of the

Promoting is the art of selling and can be accomplished in a number of different ways, such as advertising, brochures, direct mailings, and personal contacts. Your decision on the best way to promote your construction company will depend on the type of contract you are competing for and your market. In the construction business competing for the jobs in your market area is done with bids. The two different types of contracts are public bids, or negotiated bids. For public competitive bids pricing is the primary marketing emphasis, and for negotiated bids contacts are most important. Getting to know other contractors in the area is very important for your business. The relationships developed will enhance opportunities for networking which allows small firms to increase their capabilities by pooling knowledge and other resources together. It also allows one to specialize, and limit the size and scope of the business investments required.

1. Balance sheets for past three years

Poor management has been identified as the number one killer of small businesses. The key role of management is that it provides leadership and guidance. After establishing goals and objectives for the firm, it then becomes necessary to formulate policies, which are in keeping with those goals, and to communicate those policies to all members of the company. Organization and management planning consists of an operating structure for the company with firm lines of authority, responsibility, and accountability clearly stated. One good way to clearly state this is by distributing organizational charts and job descriptions to all the employee's. A clear outline of a particular employees responsibilities is even more fundamental for the small business because the individual will be forced to assume several functions with correspondingly large demands on their time. The ability to delegate becomes a critical step in management.

Some common words found in the essay are:
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Approximate Word count = 2963
Approximate Pages = 12 (250 words per page double spaced)