Alliance Insurance Group | Application Preview
Alliance Insurance Group is seeking government grants to support the initial expenses of their start-up insurance agency. Their business plan aims for $200,000 in sales within the next 2 to 3 years, with a goal of expanding to $500,000 in sales by year five, along with hiring additional staff.
The group highlights its strong background, boasting over 10 years of experience in the insurance industry, which they believe strengthens their case for funding. They acknowledge that their main competitors are other insurance agencies, particularly those that serve the construction sector. However, they emphasize their competitive advantage: a deep expertise in insuring contractors of all sizes and established relationships with various insurance carriers that specialize in construction-related businesses. This focused knowledge positions them well in a competitive market.
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General Information
Business Registration Number: Alliance Insurance Group
Location: Dallas, TX, United States
Length of Operation: 1
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
To help with expenses for our start-up insurance agency
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Business Plan
Plan to grow to $200,000 in sales in 2-3 years and add additional service staff at that time. We are hopeful to achieve $500,000 in sales in 5 years with 2 or 3 staff members. We have a 10+ year track record in the insurance business and looking for additional funds to help with start-up expenses
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Self Identified Competition
Our competitors are any agency engaged in the insurance agency business. We focus on Construction so any Agency focused on Construction would be our competitor. We have an expertise helping contractors of any size with their insurance and bonding programs. We have focused on the construction industry and have many good insurance carriers who write construction type business.
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Contact Applicant
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