THE PHONE DOCTOR | Application Preview
THE PHONE DOCTOR is seeking government grants to address financial challenges that threaten the sustainability of the business and its employees. Despite steady growth over the past eight years, rising operational costs and salaries have outpaced revenue, leading to difficulties in maintaining payments. The owner is struggling with credit issues, making it difficult to stock essential products in a competitive market where phone prices have significantly increased.
The business operates in a high-demand area of Phoenix, Arizona, where residents frequently require phone and computer repairs. With insufficient credit, it is challenging to acquire inventory and hire additional staff to meet customer needs. The owner is dedicated to the business and wishes to create a legacy for family, emphasizing a personal connection to the work.
The funding is crucial for purchasing more phones and accessories, as well as expanding the workforce. THE PHONE DOCTOR differentiates itself from competitors like BestBuy, You Break I Fix, and Apple by offering same-day repairs, a repair training program, and convenient pickup and delivery services. This competitive edge positions the business as a reliable option for customers in the area who need prompt and effective service for their electronic devices.
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General Information
Business Registration Number: THE PHONE DOCTOR
Location: goodyear, AZ, United States
Length of Operation: 8 years
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
To keep my self, and my independent workers from leaving me, rent and lease, " I'm really falling behind in all payments. my credit is getting bad..
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Business Plan
My business has been growing steady for the past 8 years, but expenses, and salary expenses are growing faster.. I'm am in a very good business. But I need more products in my store to stay competitive.. phones are becoming expensive to buy from $100 unit to $500 a unit in less than 2 years.. independent contractors went from $300 a week to $600 a week.. We are in a very demanding# 4840 n 59th ave and camelback ..phoenix az area. every need help with a broken phone and computer. and a replacement phone.. with not enough credit, it is hard to stuff on the shelves. I need money to buy phones and accessories and to more people to work. I'm 56 years old, I love what I do and would like to leave something behind so my family to prove off and continue to support. "Do you have a phone that needs repair, a crack screen, charging port, water damage? I can help you"
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Self Identified Competition
my 3 top competitors are BestBuy, You brake I fix, and apple. the difference between us and the competitors are, most of the repairs are done the same day, we have a repair school program and we also have pickup and delivery program.
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