333873 | Application Preview
The grant application from business 333873 outlines a request for funding to hire a service technician and an oil truck driver for deliveries. The aim is to bolster their operations, especially during slower months, by expanding their workforce and improving service delivery.
The business has been struggling as a small mom-and-pop operation that faces intense competition from larger oil companies that have the advantage of storage and lower pricing. This competitive landscape has made it challenging to maintain profitability, as they primarily operate on thin margins.
By securing government funding, the business intends to bring on additional help, allowing for expanded services, including potential air conditioning work during the high-demand summer season. This new hiring strategy would alleviate the workload on the sole owner, who is currently handling all operations.
The competition includes companies like B&H Oil and Haffners, both of which have expanded significantly and leverage their storage capabilities to offer lower prices. However, the business believes it has a competitive edge through its commitment to customer service, ensuring that clients can always speak with a real person and receive fair service rates, fostering a loyal customer base since inception.
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General Information
Business Registration Number: 333873
Location: Salem, NH, United States
Length of Operation: 34 years
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
To hire a service tech and oil truck driver for deliveries
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Business Plan
With having the ability to hire help ( employees) And expand business by being able to do more and keep busy during slow months We have been a mom and pop operating small business that gets hit hard every sumner and struggle to get by We work on a small margin because of competitive oil companies that have storage and keep price down low, an mostly leaves us with basically generating cash flow We would benefit from great to help so we ACH hire help and pay all the fees to hire help and be able to expand business and open up to possible doing ac work in summer which is in high demand And get another oil truck drive other then sole owner doing all work
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Self Identified Competition
B& h oil expanded into 3-4 towns and has own hauling truck and storage and keeps price down Haffners always has storage and keeps price down Depot also dies the same thing We care about customers. We are in call and phone is answered by a real person and we keep service rates lower fir our customers and very fair with them we have loyal customers from day one when we started our business ( some sell houses and move out if area and that’s the ones we loose)
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Contact Applicant
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