Whether you want to be your area’s next big general contractor, or you believe you can build a successful small construction company in a specific area, getting into the construction business is a process. These 101 Questions prepared by our team of experts
having 30+ years in this industry will help you out in some way.
1. Where is the head office located?
2. Why you’ve chosen that city?
3. What are the activities done there?
4. How many constructional companies are there in that city?
5. What are the services offered?
6. What is the company portfolio?
7. What is the service portfolio?
8. What is the organisation structure?
9. What is the company structure?
10. How many departments are there?
11. Is there any need for that office in that city?
12. Where is the place of operation (sites)?
13. How the materials are delivered to the sites?
14. Is there any list of suppliers?
15. What is the material lead time?
16. How is the procurement process?
17. Who are the suppliers?
18. Any tie-up with the freight forwarders?
19. Any tie-up with custom agencies?
20. Is there any Standard Operating Procedure (SOP) available for Procurement department?
21. How the materials are transported from central warehouse?
22. Any internal logistics facilities available?
23. Any tie-up with 3PL logistics companies?
24. How far is the site from central warehouse?
25. Who’s responsible for transportation activities?
26. How many employees are there?
27. Is there any Standard Operating Procedure (SOP) available for employees?
28. How many daily workers are there?
29. Is there any Standard Operating Procedure (SOP) available for daily workers?
30. How the employees are selected?
31. Any contract for daily workers?
32. Do you provide any food and accommodation facilities for the workers?
33. Where is it?
34. How much cost is incorporated for these activities?
35. What is the salary structure for the workers?
36. What is the salary structure for the employees?
37. Site operational timing?
38. What are the lists of equipment needed?
39. Where it is bought?
40. How much the equipment is?
41. How it is delivered?
42. Is there any job card for the workers?
43. Any temporary warehouse facility in the site?
44. What are its dimensions?
45. What are the materials stored there?
46. Who’s responsible for that?
47. Who maintains the inventory status?
48. How many workers (maximum) can be employed?
49. How many projects can be handled parallelly?
50. What are the lists of compliances?
51. Is there any legal department?
52. Is there any Standard Operating Procedure (SOP) available for legal department?
53. Is the company legally registered?
54. Have you bought fire license for the operational areas?
55. How often the site must be visited?
56. What is the project on-boarding activities?
57. What is the project closure activities?
58. Any special methods for surplus properties?
59. Is there any Standard Operating Procedure (SOP) available for Admin department?
60. What are the facilities given for site managers?
61. Is there any Standard Operating Procedure (SOP) available for Project Managers?
62. Any checklist for product quality assurance?
63. Is there any Standard Operating Procedure (SOP) available for material returns?
64. How the payments are made?
65. What is the mode of payment?
66. Is there any Standard Operating Procedure (SOP) available for Accounts department?
67. How many employees are there in each department?
68. Have you done the financial projections?
69. Is there any Standard Operating Procedure (SOP) available for Finance department?
70. Who is responsible for finance activities?
71. What is the operational cost?
72. What is the break-even point?
73. What are the Unique Value Propositions (UVP)?
74. Organisation Mission, Vision and Values.
75. Who are the founders?
76. Company’s history.
77. Analyse Competitor’s performances.
78. What’s your sales strategy?
79. What’s your marketing strategy?
80. Any tie-up with the man-power agencies?
81. Have you done the market analysis?
82. What is the market segmentation?
83. How much is the company’s share in the market?
84. Any idea for making it as a public limited company?
85. Who is your target audience?
86. What is the buying pattern in this industry?
87. What is the sales forecast?
88. Is there any Standard Operating Procedure (SOP) available for Sales department?
89. Is there any Standard Operating Procedure (SOP) available for Marketing department?
90. What’s the business continuation plan?
91. What are the risks faced?
92. How it can be mitigated?
93. What’s the financial source?
94. What is the ratio of cost consumption (department wise)?
95. What are the activities done in warehouses?
96. How often the workers contract needs to be renewed?
97. What’s the Salary date?
98. How much is the average closing inventory?
99. Is there any Standard Operating Procedure (SOP) available for Warehouse department?
100. What are the keys to success?
101. Any genset facilities needed?
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