Freedom Restoration Solutions | Application Preview
Freedom Restoration Solutions is seeking a total of $100,000 in government grant funding to enhance its operations and offerings. The breakdown of the funding request includes:
- **$35,000 for Staffing**: This covers the costs of paid training for employees during a two-week period, employee compensation, and salaries for various staffing roles necessary to operate the business. Key roles include customer escalations, VIP services, marketing, and legal support.
- **$10,000 for Training Setup/Marketing**: This amount is allocated to leadership training and social media marketing efforts across platforms like LinkedIn, YouTube, Facebook, and Instagram, with aims to reach a broader audience.
- **$10,000 for Operations**: This funding will ensure the business can offer services around the clock by hiring virtual assistants and covering costs for essential services and software, including a virtual phone system and consumer rights lawyer.
- **$45,000 for Income Replacement**: This portion is intended to support the applicant as they transition to running the business full time during its promotional launch phase.
The business plan highlights a vision to educate college students and single parents (ages 18-35) on financial responsibility, credit education, and business development. Specific initiatives include monthly educational webinars and a course on building business credit.
Freedom Restoration Solutions aims to distinguish itself from competitors like Lexington Law Firm and Credit Action Inc. by providing quick, five-minute educational videos on credit topics, a service often lacking in higher-cost alternatives. The overarching goal is to empower young individuals with the financial knowledge they need to thrive.
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General Information
Business Registration Number: 85-3489180
Location: Little Rock, AR, United States
Length of Operation: 10/2020
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
$35,000.00 for Staffing Paid Training for the 2 weeks Employee compensation for employees my salary) Staffing Roles Included to run this business are the following: Customer Escalations, VIP White Glove, Marketing, Mail Room, Researcher, Consultant, and lawyer's paralegal $10,0000 for Training Setup/Marketing -----$5000.00 Additional Leadership/Standard of Operation training -----$5000.00 Social Media Marketing for Linkedin, You-Tube, Facebook, & Instagram $10,000.00 for Operations To make sure all products and services can be offered 24/7 to customers by hiring virtual help 24/7, Printing Services such as postage, Software $149/m, Virtual Phone $99 /m, Active Campaign, Zappier, Scheduler, Microsoft Office 365, Printer Ink/Supplies, and In House Consumer Rights Lawyer. 45,000 This portion of funding is intended for income replacement to pursue this business full time by being the employee to produce the services assisting in marketing and sales efforts. (my salary during promotional launch)
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Business Plan
in the next five years I plan on hosting monthly educational webinars for college students and single parent teaching the basics of being a financial adult in the world. I also plan on launching the build business credit six months course for people with an idea, a small business owner, or a entrepreneurs. This will enable people within my community to purse their passion by launching their business. Freedom Restoration Solutions was created to educate college students in the ages of 18-35 and single parent in the ages of 18-35 on how to be financially responsible. Young people are often not educated on the basics of credit education on how to use a credit card properly. Freedom Restoration Solutions Plans on teaching and education as well as provide credit restoration services because so many young people will benefit from the training courses.
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Self Identified Competition
Lexington Law Firm They charge high prices with no credit education with slow results Credit Action Inc They offer credit repair for all people N/A Clients will receive 5 mins or less credit educational videos.
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Contact Applicant
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