Testing The Hypothesis Part 2

In this post i will delve further into the opportunity of creating a site development company.  In order to further investigate this opportunity i have conducted interviews of people who should have the need that i have identified but for some reason do not have that need. From these interviews i have determined that although there are many companies and land developers out there creating new construction, some of them already have a site development company on contracts.  This shows that there is competition in the market of site development.  What i also learned from my interviews is that some of the larger companies that are involved in land development and new construction are a "one stop shop" of sorts, meaning that they do all of there own work from site development to finishing trim, leaving no room for my business with them.  I also determined that there is a difference between the need for a site development team and the need for a full project company, this need is typically had by the owner of the property that wishes to simply pay someone to build on their land where as the need for a site development company is typically had by construction companies that have projects but cant clear the land and develop the site for themselves, as well as land owners who wish to have there property cleared and either plan to hire a construction company to build or do the construction themselves.  The underlying cause for the need that i have identified is the lack of time, equipment, or both, to develop the site for themselves, the people who are outside of the realm of my identified need have both the equipment and the time do take the project on for themselves.

Comments