LANE HOME SOLUTIONS DBA PAINTER1 OF KNOXVILLE | Application Preview
LANE HOME SOLUTIONS, operating as Painter1 of Knoxville, is applying for government grants to bolster its painting crews and hire less experienced individuals, offering them training and competitive wages. The company has invested over $20,000 in advertising to build visibility in the area, aiming for consistent annual sales exceeding $1 million, with the potential to achieve this in its first year.
The application emphasizes the rapid growth of the painting industry and the increasing competition for customers and skilled workers. Painter1 plans to launch an apprenticeship program for individuals looking to learn a trade rather than pursue a four-year degree. The company is committed to supporting its team members' success, even if they decide to start their own businesses. They also provide unique services, like the German Smear technique, which are in high demand but not offered by competitors.
Painter1 distinguishes itself by delivering luxury services at budget-friendly prices. The business model focuses on creating a positive working environment, as feedback from former employees of competitors revealed dissatisfaction with their treatment. Painter1 aims to foster a family-like culture among its team, believing that employee happiness directly impacts customer service and overall growth.
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General Information
Business Registration Number: 85-4180367
Location: ALCO, TN, United States
Length of Operation: 5 Months
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
This will be used to obtain and maintain solid painting crews. Along with hiring individuals that may not have as much experience but be able to train them, while having a competitive wage to retain them.
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Business Plan
We have currently invested over $20,000 in advertising and know that we are new to the area and overtime that will increase our visibility in the competitive market. We have a projected growth of consistently averaging over $1M in sales each year. As of right now we have the potential of doing that in just our first year, if given the opportunity to qualify for a grant. The painting industry is growing rapidly but so is the competition, not only for customers but for maintaining painting crews. We want to be able to offer an apprentice program to encourage individuals who are not interested in a 4 year degree but to learn a trade and become very successful. We want to be truly involved in the success of our team members even if they decide to go out on their own. We also offer services that have not been attempted by our competitors and are highly requested in the area, for instance the German Smear technique.
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Self Identified Competition
CertaPro Painters Fresh Coat Obregon We offer a luxury service at budget pricing. We know from experience, the environment that our competitors have created for their painters, staff and sales force and it is why we decided to go out on our own and do things differently. We know that in order to grow our customer base it comes from within. If our team members are happy then it will reflect on the customer service. After hearing from painters and employees who have left our competitors, that was their main complaint. They were not treated fairly. Each member of the P1 team is considered family along with making sure they know how important they are to the growth of Painter1.
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Contact Applicant
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