Employing 342,000 people across almost 93,000 businesses, the U.S. concrete contractor market is projected to reach a revenue of $91.2 billion in 2025, increasing at a compound annual growth rate (CAGR) of 2.3% over the past five years.

With demand for residential, commercial, and specialty concrete services increasing, now is the ideal time to launch a concrete business. However, success in this industry doesn’t take just grit—it also takes:

  • Careful planning
  • Legal compliance
  • Smart investments
  • Effective marketing

Curious about how to start a concrete business? Our guide walks you through all of the important steps to take.

1. Evaluate Your Skills

Before getting started with any type of business venture, it’s important to take stock of your skills, experience, and interests. Keep in mind that as a business owner, you’ll be actively working in your business every single day—building a business you’re passionate about makes the work easier.

Also, consider your financial readiness. Do you have the capital needed to start your concrete business? If not, where will you source funding for your new opportunity? Consider options such as SBA loans, crowdfunding, 401(k) withdrawals, and even loans from family and friends to get yourself started.  

2. Understand the Initial Investment and Startup Costs

If you’re wondering, “How much does it cost to start a concrete business?” you’re asking the right questions. Truth be told, costs depend on a number of factors. Expenses for equipment, business licenses, insurance, and marketing all add up.

For example, the investment costs to start a Concrete Craft business range from $156,330 to $233,450, including an initial franchise fee of $69,950. We do offer up to $40,000 in-house financing to qualified candidates to help with startup costs.

3. Build a Concrete Business Plan

Your business plan is your roadmap. It will guide your decision-making processes, keep you on track to achieve your goals, and help you secure funding for your business. A strong business plan has the following sections incorporated:

  • Defined services and target market: Detail the type of projects you’ll focus on. Will your client base be homeowners or commercial property owners? Utilize local permit data, construction trends, and population growth to assess demand so you can refine your target audience.
  • Choose the right structure: Will your business operate as an LLC, sole proprietorship, or corporation? Consider how each business structure impacts the way you are taxed, how much personal liability you assume, and how easy it is to bring on additional partners.
  • Outline licensing and insurance requirements: Your plan should include the permits, certifications, and business licenses required in your market. Most states also require general liability insurance, bonding, and workers' compensation coverage should you hire employees.
  • List equipment and startup costs: Potential lenders will review your business plan. Ensure you clearly outline your estimated investment costs and how much capital you need to get your business started.
  • Conduct market research and competitive analysis: Identify other businesses that are operating in your service area and what types of jobs they focus on. Use this information to refine your pricing strategy and highlight what sets your business apart from the rest.
  • Set financial goals: Whether you're self-funding, applying for a loan, or seeking grants, lenders will expect a well-defined financial plan. Clearly list your monthly expenses, expected income, and projected break-even point.

4. Launch Your Business

After you’ve written your business plan, determined your preferred business structure, and secured funding, it’s time to get your concrete business off the ground!

  • Build your team: Start with a small, reliable staff of two to five employees or subcontractors. Look for candidates with a strong work ethic, safety awareness, and willingness to grow with your company. Consider personality traits and how they fit with the overall culture you’re looking to establish.
  • Use tools to stay organized: Instead of trying to keep track of everything on your own, consider investing in a project management system to help you stay organized and efficient. The right platform will help you keep tabs on estimates, invoicing, schedules, materials, job progress, and client communication.
  • Market yourself: Establishing an online presence is key. Build a mobile-friendly website, start a Google Business Profile, and run local service ads to get your name out there. Be sure to take before-and-after photos and project walkthrough videos. These make for great social media content and show off your expertise.

5. Scale Your Business

Once you’ve gotten your concrete business up and running, you may decide to scale your operations. Consider adding new services, hiring additional team members, and expanding into new territories to attract more customers.

You may also want to diversify your portfolio to include other home service opportunities. Concrete Craft’s parent company, Home Franchise Concepts, is a leader in both the franchise and home services industries. With various franchise businesses to choose from, the entire family of brands is designed for multi-unit, multi-brand ownership.

Get Started with Concrete Craft

Why start from scratch when you don’t have to? Consider buying a concrete business for sale from Concrete Craft. We have protected territories available nationwide, each with 100,000 households—meaning you’ll have plenty of opportunity to capitalize on your investment.

To learn more about our franchise opportunity, contact us today. After we receive your inquiry, a Franchise Advisor will be in touch to set up an introductory meeting.

Let’s Talk About Next Steps

One of our Franchise Consultants would love to tell you more about owning a Concrete Craft franchise. Simply fill out the form below and we’ll call, text, or email you with more information.

Click to Call Now (888) 460-5244
Category