House of A Investments and Consults | Application Preview
House of A Investments and Consults is seeking government grants to facilitate the transition from a home daycare serving 12 children to a larger facility that can accommodate 20-30 children. The funding will be used to secure a bigger space as part of this expansion.
The business owner is currently enrolled in a Master's program, which is a requirement for operating a daycare in Illinois. Plans include building retained revenue to support this move and operating the new facility for 3-5 years, with the ultimate goal of opening a second location.
The application emphasizes the urgent need for more daycare providers in the area, positioning the business owner as a candidate who understands the operational necessities for running a successful, profitable daycare. The narrative suggests that investing in this venture could also provide beneficial outcomes for struggling communities.
While noting the presence of several small daycare facilities in Illinois, the business owner plans to assess local competition based on the chosen location. A key advantage highlighted is the owner’s unique background—his military experience has garnered community support and contributed to a growing clientele, primarily through positive word-of-mouth referrals.
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General Information
Business Registration Number: House of A Investments and Consults
Location: Chicago, IL, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
We will utilize the funds to acquire a larger space as we transition from a home daycare with 12 children to a daycare facility serving 20-30 children.
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Business Plan
I am currently in a Master's program that is required to operate a daycare facility in the State of Illinois. I will continue to build the business retained revenue to have the capital to pursue the larger facility. I intend to run the location for 3-5 years with the plan of opening a second location. I am in an industry that is short of daycare providers and I intend to capitalize on this shortage. I have learned a lot about operating a quality and the requirements needed to run a profitable business. Investors who want to help struggling communities will do so if they invest in me and my company's vision.
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Self Identified Competition
There are many small daycare facilities within the State of Illinois. Depending on the location we select, I will have a better understanding of the competing daycares in the area. I have a rapidly growing clientele list as many of the parents in the community appreciate that my daycare is owned and operated my a man with a military background. This is one of the reasons my daycare has become very popular through word of mouth within the community.
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Contact Applicant
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