Chuck Miller
Coach, Author and Mentor for Business Success
Author Chuck Miller is Owner of Chuck Miller Consulting, Chuck Miller Education Services, and retired President and CEO of Chuck Miller Construction Inc. – a nationally recognized design-build custom home builders and remodeler. Chuck has over 53 years of construction industry experience. He understands the special needs of small volume builders, remodelers, and trade contractors. He works with them to create working business plans. He also coaches them-serving as an accountability partner after helping them develop their business plan to insure they are implementing it, and consulting with them on as needed basis when they need advice on how to address new challenges.
![author photo (1) - Chuck Miller - Author - Chuck Miller - Author](https://chuckmiller-author.com/wp-content/uploads/2023/08/author-photo-1-768x1048.jpg)
![Plan To Profit Cover - Chuck Miller - Author - Chuck Miller - Author Plan To Profit](https://chuckmiller-author.com/wp-content/uploads/2023/08/Chuck-Miller-front-cover-768x999.jpg)
Plan to Profit
Small businesses in the construction industry have the second highest failure rate of all industries. According to the Small Business Development Center, 9 out of 10 business failures in the U.S. are caused by a lack of planning and general business management skills.
A survey of builder and remodeler members of the National Association of Home Builders revealed that fewer than 12 percent had a written business plan, fever than 15 percent had written operating budgets, less than 18 percent had written mission statements, and almost 70 percent had no formal planning procedures.
Do you have a written business plan for your business?
Your business plan is the most important management tool you have. It defines your strategy, tactics, and specific activities for execution, including dates and deadlines, budgets and cash flow. It will guide you regarding the types of projects to pursue, how you market your company, the people to hire and the funding needed to succeed. Planning establishes your short-term, intermediate-term, and long-term goals that everyone on your team can identify and support.
Your business plan will help you focus strategy, manage milestones, manage metrics, assign and track responsibilities and performance, and manage money using projections for sales, costs, expenses, and cash.
Plan to Profit provides a blueprint you can follow to develop a working business plan. It walks you step by step through the process starting with market research and analysis, followed by developing your product and service, marketing and sales, operations, leadership team and staffing, and goals and action plans. It guides you in creating your financial forecasts and budgets and your vision, mission, core values, and unique selling proposition. It includes a Microsoft Excel workbook which contains financial statement worksheets that you can fill in and use to complete your pro forma financial statements.