Reasons to Invest - PowerPoint PPT Presentation

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Reasons to Invest

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  1. Reasons to Invest • Not a trite and over exploited business. • 4 main competitors offering similar services • Has opportunity to make money • target market is the construction industry, currently worth $650 billion.

  2. HardHat1 Team 1 Melinda Badovick Megan Hoyt Kelly Jones Brian Kirsch Matt Welsh

  3. Overview • HardHat1’s concept and operation • Our main competitors • Our target market • HardHat1’s competitive advantage

  4. HardHat1 Mission Statement “HardHat1 is committed to providing the best blueprint and project communication for the thousands of small construction companies in the United States represented by the simplicity of our services and low costs.”

  5. Business Concept • An ebusiness to help prevent mistakes and delays in the construction industry through a private database. • Ability to access and edit blue prints easily and conveniently • Viewed by all subcontractors • Bulletin Board

  6. Business Concept • Ease of understanding changes • Redlining • Date and Time • Address Book • Progress Report

  7. Business Concept • Example of process • Project leader registers • Leader signs on with password • Private project database • Departmental Screens • Post revisions to individual blueprints • View changes made by other subcontractors • Click Address Book to notify members of changes

  8. Competitors • Cephren • Advanced • Buzzsaw • Bidcom

  9. Competitors • Offers similar services but caters to larger construction companies • Charge excessive monthly, startup, and training fees • Extended services • Bidding for jobs • Industry News and Materials • Voice Messaging

  10. Target Market • Small construction industry • Not feasible to invest in an elaborate program • Desire for quick and easy blueprint and communication services • Ability to access individual previous project

  11. Competitive Advantage • Offer similar services as competitors but at a lower cost • Easier to change and track blueprints • Simplicity of notifying project members • Free final blueprint on CD Rom • 24 hour Call center and online help

  12. Recap • Business Concept • Target Market • Competitive Advantage • You should Invest