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diff --git a/README.md b/README.md
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 dyndhcpd
 ========
 
-start DHCP daemon that dynamically creates configuration based on assigned IP address
+start DHCP daemon that dynamically creates configuration based on
+assigned IP address
+
+Requirements
+------------
+
+To compile and run `dyndhcpd` you need:
+
+* [ISC DHCPD](https://www.isc.org/software/dhcp)
+* [markdown](http://daringfireball.net/projects/markdown/) (HTML documentation)
+
+Build and install
+-----------------
+
+Building and installing is very easy. Just run:
+
+> make
+
+followed by:
+
+> make install
+
+This will place an executable at `/usr/bin/dyndhcpd`, template configuration
+will go to `/etc/dyndhcpd/`, documentation can be found in
+`/usr/share/doc/dyndhcpd/`. Additionally a systemd unit file is installed to
+`/usr/lib/systemd/system/dyndhcpd@.service`.
+
+Usage
+-----
+
+Just run `dyndhcpd -i <interface>` or start a systemd unit with
+`systemctl start dyndhcpd@<interface>`.