Construction and Home Rehabilitation Company | Competition
COMPETITION
Currently, there are 2,146 local firms that deal in residential construction and home improvement. Based on numbers from the Indianapolis Rehabbers Club, roughly 40% of these firms deal directly with home acquisition and rehabilitation. In the 317 area code there are only 21 residential construction companies. The buyers market is very competitive. The most difficult challenge we face is securing and acquiring the appropriate property. In our marketing strategies section we address how we will tackle this issue.
When beginning a new business it is as important to choose a profitable area, as it is to choose a profitable product. Pedro's Construction has chosen to enter in the area of Broad Ripple, IN because the majority of the homes in the area are those we most want to work with. However, other similar type companies feel the same way about the area. These companies make up the core of Pedro's Constructions competition.
Though Pedro's...
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