Steven Sjostrand Agency LLC | Application Preview
Steven Sjostrand Agency LLC is applying for government grants to support its expansion into new market areas and to hire additional employees at competitive wages. The business plan focuses on bringing in new talent as one current employee is retiring and another has a disability, creating an opportunity to strengthen the workforce.
The agency operates in a rural area that heavily relies on agriculture, making it challenging to find suitable employees. Their main competition includes large companies like State Farm, American Family, and Liberty Mutual. However, the agency aims to differentiate itself by being an independent, rural-based entity, which they believe gives them a unique advantage in the local market.
-
General Information
Business Registration Number: 611671656
Location: Lancaster, MN, United States
Length of Operation: 6-10
Number of Employees: 1-10 Employees
Annual Gross Income: $500k to $1M
Annual Gross Expense: $250k to $500k
Open to Loans: NO
-
Funding Usage
Expanding into other market areas and adding employees with completive wages to the area
-
Business Plan
Additional employees and markets I currently have one employee retiring and another that is disabled I live in a very rural area of the state. It is very agriculturally based and is difficult to find employees
-
Self Identified Competition
State Farm, American Family and Liberty Mutual Independent Agency that is rural based trying to compete verses the big companies
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
