Solis Handyman LLC | Application Preview
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General Information
Business Registration Number: 83- 3086737
Location: SANTA ANA, CA, United States
Length of Operation: 1 year and 4 months
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
We plan on using the funds for Payroll. Also, to pay our credit card payments for 3 months. Finally, we plan of paying our company vehicle payment for two months The only reason we don’t want a loan is because we have credit cards payment. Our company profit and lost statement indicates that we can’t afford to have another monthly payment.
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Business Plan
I currently finish my Masters in Business Administration at California Baptist University(c (Class of 2020). In essence, my business plan indicates our five year forecast. We plan to grow 2% per year. We are going to accomplish that by obtaining 3 property management customers for FY 20. In addition, we plan on growing our team to 10 employees. We will set two personnel administration team. You should invest in me because I’m in a very demanding industry. This industry is in high demand and it’s used to boost up the economy and reduce unemployment. If you invest in my company, you will improve the infrastructure to the state of California. Open up more jobs, which will help reduce unemployment. Finally, this industry has a high demand of training, which those employees will benefit from the training.
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Self Identified Competition
My top three competitors in our region are: 1) Just Better Maintenance 2) JB Renovation 3) California Boring California Boring is a well develop company. We plan to reach that status one day. Just Better Maintenance is a start up company as well. Finally, JB renovation is a company that recently hit 2.5 million in gross profit. The difference from our competitors is that we’re very diverse in skill level. For example: 1) JB renovation focuses on turnovers. A turnover is when they clean the apartment to make the apartment rentable again. A turnover consist of painting the apartment, cleaning the apartment, repairing drywall damages in the apartment, cleaning carpets and minor jobs like that. 2) Just Better Maintenance focuses on similar items as JB renovation. But, they also do fan installations and cabinets install. A few more apartment interior items. 3) California Boring does big city and state projects. Road projects and deals with huge projects. Which is our company goals to one day do government contracts. What makes us different is that we not only do interior jobs but exterior jobs as well. For example, we do roofing installation, electrical work, and stucco repairs. We want to ensure we’re diverse in the types of jobs we can do. In the other hand, diversity means that we have to purchase different tools. And our Home Depot cards are max, and we need to create some financial room to continue to use them.
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