Precision Technologies Integrated LLC | Application Preview
Precision Technologies Integrated LLC is seeking government grants to fund the purchase of two vehicles, tools, and materials, totaling approximately $200,000. They project payroll expenses of around $90,000 for the remainder of the year, with an additional $10,000 allocated for insurance and miscellaneous expenses. This funding will enable them to contract jobs for the rest of the year and cover expenses for the first two quarters of 2022.
The business plan involves operating a single crew throughout 2022, focusing on building a solid reputation while soliciting work from various sources. The goal is to add another crew in 2023 and potentially two more by 2025, aiming to boost annual revenue to nearly $3 million and employ 20 to 25 skilled workers.
The proposal highlights a strong market demand for quality crews to update and repair cell towers in the Midwest, an industry projected to grow significantly over the next decade. With 350 million people relying on cell tower connectivity, the need for services will only increase. The company plans to enhance their offerings and prioritize green energy solutions, ensuring that ongoing service contracts are likely, provided they secure the necessary funding.
In terms of competition, Precision Technologies notes that their only competitor is closing, which presents a unique opportunity for growth. Their competitive edge lies in their commitment to customer service, tailoring solutions to meet individual client needs. They have engaged potential clients who are eager to start working with them as soon as funding is secured to purchase essential equipment.
-
General Information
Business Registration Number: Precision Technologies Integrated LLC
Location: Hillsboro, OH, United States
Length of Operation: 0; however we have b
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
-
Funding Usage
Once funding is received, we will purchase 2 vehicles, tools, other equipment and materials which will cost approximately $200,000. We estimate our payroll expenses to be around $90,000 for the rest of the calendar year and will also need insurance and other miscellaneous expenses estimated at around $10,000. With this funding, we can contract and complete jobs for the remainder of the year and establish funds that will cover our expenses for the first 2 quarters of calendar year 2022.
-
Business Plan
With funding, we plan on running one crew for calendar year 2022, establishing our reputation within the industry while soliciting work from multiple sources. Our hope is to add a crew in calendar year 2023 and potential 2 additional crews by calendar year 2025. If we are successful, we may increase our revenue potential to nearly 3 million annually while employing between 20 to 25 skilled employees. The market exists and they need quality crews to update and repair cell towers within the midwest. Furthermore, the industry is expanding and will grow considerably within the next 10 years. 350 million people depend on cell towers to provide their connectivity and this need will only grow. As the market expands, we will definitely seek to improve our services and utilize green energy sources to provide a higher quality service. These towers will need serviced at least once per year, so continued contracts are guaranteed provided we receive the funding that will allow us to grow our business and our reputation.
-
Self Identified Competition
Fortunately, our only competitor within this market is closing, allowing us to take over. This opportunity is remarkable in that the market is dependent on contractors to service their towers. We serve our customers and provide services specific to their individual needs and will go out of our way to meet their continuing needs. We have spoken to companies and have provided our contact information. They are ready to schedule work and complete contracts. They are just as excited as we are to get to work together. They have a great need for our services and we are ready as soon as we have funding to purchase our equipment.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
