ADD It Up LLC | Application Preview
ADD It Up LLC is applying for government grants to support several key areas of its operations. The funding will cover office rent, necessary software, marketing efforts for client recruitment, business development, and modest salary for the owner until the business reaches sustainability.
The business plan involves collaboration with the FUEL Economic Development Incubator and the Small Business Development program, as well as participation in local Chamber Mixers. This strategy aims to foster growth and expand networking opportunities both locally and through remote work initiatives.
The application highlights the owner’s 15 years of experience in accounting, emphasizing a deep understanding of the industry. While launching independently for the first time, the owner is already collaborating with other accountants and bookkeepers to provide efficient accounting services for small to mid-sized businesses.
In terms of competition, the main rivals are local firms that offer bookkeeping services. However, ADD It Up LLC aims to stand out by transitioning to a virtual model and serving clients beyond the immediate area. The business plans to partner with larger firms in bigger cities, addressing their bookkeeping needs and enhancing service quality for their clients.
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General Information
Business Registration Number: 87-1204348
Location: GILLETTE, WY, United States
Length of Operation: 0 - Just starting Ou
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Funding would be used to pay office rent, purchase any needed software, marketing the business for client recruitment, building the business, and modest salary for the owner until the business is sustainable.
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Business Plan
I am working with the FUEL Economic Development Incubator program, the Small Business Development program, attending local Chamber Mixers, and working to grow the business and expand my network both in my town, and expanding outside through remote work programs. I have been doing accounting work for nearly 15 years, so the industry is not new to me. I'm just going out onto my own for the first time. I'm working with other businesses, including subcontracting for other CPA's and Bookkeepers to help small to mid-sized businesses get their accounting needs done correctly and efficiently.
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Self Identified Competition
My competitors are other firms that offer bookkeeping services. They focus on companies that are local to their area. I am different from my competitors because I am expanding into a more virtual atmosphere and expanding beyond my small town. I am working with larger firms in bigger cities that need help managing their bookkeeping load to provide the best service to their clients.
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Contact Applicant
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