Strive Electric LLC | Application Preview
Strive Electric LLC is seeking government grant funding to support its growth and expansion plans. The funds will be used to hire more employees, expand its fleet, cover office expenses, and enhance marketing efforts, including branding for trucks.
Strive Electric has built a strong reputation for providing exceptional electrical services while maintaining affordability. The business aims to establish itself as a reliable partner for government and city projects within five years. With plans to expand the workforce from seven to a larger team, Strive Electric anticipates increased daily capital generation through a bigger service team and collaboration with plumbing and mechanical subcontractors. A dedicated warehouse will help streamline operations.
The funding request is backed by the founder's solid reputation and extensive experience in overseeing large electrical projects. Collaborations with satisfied contractors are generating more opportunities, and the family background in the trade provides access to a network of skilled electricians. The owner is determined to leverage this experience and knowledge to grow Strive Electric and bid on larger projects for better financial returns.
In terms of competition, Strive Electric faces established players like Mr. Sparky and All Phase Electric. However, it plans to differentiate itself by prioritizing quality work and customer satisfaction. Strategies include special financing options, discounts for home repairs, customer referral incentives, and 24-hour emergency services. The company also aims to strengthen community ties by sponsoring local sports teams and participating in job conventions to showcase innovative electrical products. The ultimate goal is to become a trusted household name in the electrical service industry.
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General Information
Business Registration Number: L20000172292
Location: Casselberry, FL, United States
Length of Operation: 1yr 2 months
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Expanding business More employees Bigger fleet Office rent or own Extra office staff Marketing such as banners logos for trucks
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Business Plan
Strive Electric has offered top notch electrical service from day one. We will continue putting the customers needs first and offer quality affordable rates that will makes us stand out from the competitors. Build a reputable business that never loses integrity and will only get the attention of more customers and contractors. With in 5 years plans for a larger enough outfit to take on government and city projects. A warehouse space to house material will help us organize day to day task. My business has gone in one year from 2 to 7 strong and will plan to triple man power in the near future. This will allow for a bigger service team that generate capital daily as our new construction team will bring in larger margins. Plans for collaborating with plumbing and mechanical subs under one umbrella. My reputation from before my business has always been really strong. I have put my knowledge combined with experience to start Strive Electric. The contractors that I’m working beside are extremely pleased will the work and have offered larger projects. I have gotten attention from many others contractors that are sending me work. My family has been in trade many years and know a lot of electricians that are willing to come on board. The funding will help me hire more man power to bid larger projects for bigger returns. I have overseen massive projects in the past with over a hundred electrician and I’m confident to apply this experience for my own business. I name my business Strive Electric because I knew I will never stop trying to get to the next level. I am passionate in my trade my personality mixed with my drive will scare the competition.
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Self Identified Competition
Mr Sparky All Phase Electric Berg Electric Quinco We will offer quality work with affordable pricing. Always make the customer needs priority. Offer special financing to customers. Discounts on our website for home repairs. Incentive program for customer referrals. 24hr service for over night emergencies. Setup tents at job conventions where we can show off new electrical products like lighting and devices. Donate to organizations in the neighborhood. Sponsor children sports teams and offer additional coaching. We want our business to be a household name that is trusted and relied upon.
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Contact Applicant
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