TKT Electric LLC | Application Preview
TKT Electric LLC is applying for government grants to enhance its operations and stability in the aftermath of COVID-19. The funding would primarily be used to purchase materials to complete jobs efficiently, ensure timely employee payments, maintain functional work trucks, acquire new tools, and establish a dedicated office space. The goal is to elevate the company's performance and financial health, moving away from the current struggle of living paycheck to paycheck.
The business plan outlines ambitions to expand offerings beyond current services, including low voltage work, LED retrofitting, surge protection installations, solar panel services, and generator hookups. Additionally, TKT Electric aims to reach new customers in Brazos County, Texas, to grow its market presence.
The applicant argues for funding approval by highlighting a solid vision for success and a detailed six-part business plan ready for presentation. Competitors include established companies like G and W Electric, K and C Electric, and Casiano Electric, which have a longer history and loyal customer bases. However, TKT Electric believes it can differentiate itself by offering unique services not currently provided by these competitors and by delivering top-notch service through effective management.
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General Information
Business Registration Number: 83-2309923
Location: College Station, TX, United States
Length of Operation: 3
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
If funding is granted, it will be used on the material to get more jobs done, be able to pay employees on time, to make sure the work trucks are fully functional, get more tools to do jobs, begin building a business office for our business to call home, and to get the company running better after COVID19 by raising capital so the company does not fall into debt and living week to week like we are now.
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Business Plan
I plan to grow the business by looking to build office space for it to call home and offer more things it doesn’t already offer such as low voltage, LED retrofitting, adding surge protectors, solar panels, and generator hookups. Also, to expand my business services to the surrounding areas in Brazos County Texas. Investors should invest in me, because I have dreams of making my business successful and I have the tools to make it work, just needing some help getting it started. I have a six-part business plan already made and ready to present if needed to better explain what my goals are with this funding and my business.
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Self Identified Competition
G and W Electric, K and C electric, Casiano electric would be our competitors. They are my competitors because they have been in business the longest in my area (Brazos County) and they would have more experience and already have loyal customers. I’ll be able to grow the business and be able to offer more things than those competitors that they do not offer. (Included in my business plan) I also believe in myself to improve the business under my management and provide my community and others around us with the best quality service possible.
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Contact Applicant
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